Goldman Sachs

HonTe Advisors Announces Organizational Changes

Retrieved on: 
Thursday, June 30, 2022

SAN FRANCISCO, June 30, 2022 (GLOBE NEWSWIRE) -- HonTe Advisors, LLC (HonTe) is pleased to announce the following changes within its organization effective July 1, 2022:

Key Points: 
  • SAN FRANCISCO, June 30, 2022 (GLOBE NEWSWIRE) -- HonTe Advisors, LLC (HonTe) is pleased to announce the following changes within its organization effective July 1, 2022:
    After seven years at HonTe Advisors, Chris Lutton, who served as the company's CEO and Co-Founder, has fulfilled his mission of building a best-in-class infrastructure for a macro hedge fund and is transitioning to a new opportunity.
  • In his time at HonTe Chris exceeded all expectations as a CEO and business partner.
  • He continues to be an investor in HonTe portfolios and an enthusiastic friend of the firm, and to me personally.
  • HonTe Advisors, LLC is an SF-based global macro investment firm that focuses on thematic, multi-asset class investing across developed and emerging markets.

Derivative Path Teams Up with Goldman Sachs to Deliver FX and Global Payments to US Regional and Community Banks

Retrieved on: 
Thursday, June 30, 2022

Using TxB's API-based platform, clients of Derivative Path now can provide a more cohesive end-to-end global payment solution to their underlying customers.

Key Points: 
  • Using TxB's API-based platform, clients of Derivative Path now can provide a more cohesive end-to-end global payment solution to their underlying customers.
  • The solution reduces barriers to entry for regional and community banks to seamlessly access FX payments through the Derivative Path platform, leveraging Goldman Sachs Transaction Banking's Global Payments network.
  • "Regional and community banks now have access to the same global payments capabilities as large money center banks," said Art Brieske, Global Head of Payments for Goldman Sachs Transaction Banking.
  • "We are pleased to collaborate with Derivative Path to provide access to our global payments capabilities through their platform and provide regional and community banks with a comprehensive yet simplified and efficient cross-borderpayment solution."

Flutterwave Appoints Former Goldman Sachs Managing Director, Gurbhej Dhillon as New CTO

Retrieved on: 
Thursday, June 30, 2022

Gurbhej joins from Goldman Sachs where he was Managing Director, Technology Fellow, CTO and Head of Lending Engineering for Marcus, Goldman Sachs' lending platform.

Key Points: 
  • Gurbhej joins from Goldman Sachs where he was Managing Director, Technology Fellow, CTO and Head of Lending Engineering for Marcus, Goldman Sachs' lending platform.
  • Gurbhej joins Flutterwave, a $3bn payments technology company, to improve its architecture, grow its infrastructure and better support the company's growth and expansion objectives.
  • SAN FRANCISCO, June 30, 2022 /PRNewswire/ --Flutterwave, Africa's leading payments technology company, today announced the appointment of former Goldman Sachs' Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).
  • Gurbhej joins Flutterwave from Marcus by Goldman Sachs , where he was the CTO and Head of Lending Engineering.

Flutterwave Appoints Former Goldman Sachs Managing Director, Gurbhej Dhillon as New CTO

Retrieved on: 
Thursday, June 30, 2022

Gurbhej joins from Goldman Sachs where he was Managing Director, Technology Fellow, CTO and Head of Lending Engineering for Marcus, Goldman Sachs' lending platform.

Key Points: 
  • Gurbhej joins from Goldman Sachs where he was Managing Director, Technology Fellow, CTO and Head of Lending Engineering for Marcus, Goldman Sachs' lending platform.
  • Gurbhej joins Flutterwave, a $3bn payments technology company, to improve its architecture, grow its infrastructure and better support the company's growth and expansion objectives.
  • SAN FRANCISCO, June 30, 2022 /PRNewswire/ --Flutterwave, Africa's leading payments technology company, today announced the appointment of former Goldman Sachs' Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).
  • Gurbhej joins Flutterwave from Marcus by Goldman Sachs , where he was the CTO and Head of Lending Engineering.

Jacobi Asset Management Announces It Will Launch Europe’s First Bitcoin ETF on Euronext Amsterdam

Retrieved on: 
Thursday, June 30, 2022

In a first for Europe, Jacobi Asset Management (Jacobi) announces the launch of the Jacobi Bitcoin ETF (the ETF) (BCOIN, ISIN: GG00BMTPK874) which will be listing on Euronext Amsterdam, part of Euronext, the leading pan-European marketplace from July.

Key Points: 
  • In a first for Europe, Jacobi Asset Management (Jacobi) announces the launch of the Jacobi Bitcoin ETF (the ETF) (BCOIN, ISIN: GG00BMTPK874) which will be listing on Euronext Amsterdam, part of Euronext, the leading pan-European marketplace from July.
  • CEO Jamie Khurshid said: The Jacobi Bitcoin ETF will enable investors to access the underlying performance of this exciting asset class via a well-established and trusted investment structure.
  • Our goal at Jacobi is to make digital asset investments simpler and more familiar for institutional and professional investors.
  • Jacobi Asset Management will provide European institutional and professional investors with access to the Jacobi Bitcoin ETF via a simple investment vehicle for a 1.5% annual management fee.

UK Unicorn Zilch extends Series C by $50m bringing total to $160m

Retrieved on: 
Thursday, June 30, 2022

Zilch , the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m.

Key Points: 
  • Zilch , the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m.
  • The extension brings Zilchs total funding to more than $460m in debt and equity and sees the fintech company maintain its valuation.
  • In the last six months Zilch has leveraged its innovative, direct-to-consumer approach to double underlying sales and revenue.
  • Customers can pay on debit (with up to 2% instant cashback and rewards) or credit (pay-in-4) for no interest or late fees, anywhere.

UK Unicorn Zilch extends Series C by $50m bringing total to $160m

Retrieved on: 
Thursday, June 30, 2022

Zilch , the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m.

Key Points: 
  • Zilch , the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m.
  • The extension brings Zilchs total funding to more than $460m in debt and equity and sees the fintech company maintain its valuation.
  • In the last six months Zilch has leveraged its innovative, direct-to-consumer approach to double underlying sales and revenue.
  • Customers can pay on debit (with up to 2% instant cashback and rewards) or credit (pay-in-4) for no interest or late fees, anywhere.

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Thursday, June 30, 2022

Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.

Key Points: 
  • Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

PropTech Unicorn PLACE Hires Chief Technology Officer and Chief Marketing Officer

Retrieved on: 
Thursday, June 30, 2022

BELLINGHAM, Wash., June 29, 2022 /PRNewswire-PRWeb/ -- PLACE, the industry's only all-in-one technology and business services platform powering the top 20% of real estate agents regardless of brokerage, announced today the hiring of a Chief Technology Officer (CTO), Emiliano Delucia, and Chief Marketing Officer (CMO), Abby Powell. Both Delucia and Powell have extensive backgrounds in technology product development and B2C marketing strategy, respectively. The two will play a pivotal role in scaling PLACE's already successful real estate technology and business services platform and its suite of real estate technology products, including Brivity.

Key Points: 
  • BELLINGHAM, Wash., June 29, 2022 /PRNewswire-PRWeb/ -- PLACE, the industry's only all-in-one technology and business services platform powering the top 20% of real estate agents regardless of brokerage, announced today the hiring of a Chief Technology Officer (CTO), Emiliano Delucia, and Chief Marketing Officer (CMO), Abby Powell.
  • Both Delucia and Powell have extensive backgrounds in technology product development and B2C marketing strategy, respectively.
  • This is exactly what PLACE needs to further our vision of becoming 'the' technology platform for agents and consumers alike," PLACE Co-Founder Ben Kinney said.
  • "Partnering with Emiliano and Abby is a win for the entire PLACE family," said PLACE Co-Founder Chris Saurez.

CoreVest Completes $313 Million Single-Family Rental Securitization

Retrieved on: 
Wednesday, June 29, 2022

CoreVest American Finance Lender LLC (CoreVest), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc., today announced that it has closed a $313 million securitization (CAFL 2022-1) backed by its single-family rental (SFR) loans.

Key Points: 
  • CoreVest American Finance Lender LLC (CoreVest), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc., today announced that it has closed a $313 million securitization (CAFL 2022-1) backed by its single-family rental (SFR) loans.
  • The transaction represents CoreVests second securitization in 2022, 19th SFR securitization and 21st overall securitization.
  • This will also be CoreVests first securitization to include data aligned with the Sustainability Accounting Standards Board (SASB) environmental, social and governance (ESG) guidance framework.
  • The strength of our securitization platform continues to be an important point of differentiation for CoreVest, supporting our growth and capital flexibility, as we offer a compelling product with quality underwriting standards, said Christopher Hoeffel, President of CoreVest.