Goldman Sachs

Nick Pomponi Joins Evercore as Senior Managing Director in the Technology Group

Retrieved on: 
Monday, September 18, 2023

Nick Pomponi joins Evercore today (NYSE: EVR) as a senior managing director in the Technology group and will be based in New York.

Key Points: 
  • Nick Pomponi joins Evercore today (NYSE: EVR) as a senior managing director in the Technology group and will be based in New York.
  • Mr. Pomponi comes to the firm after spending nearly 16 years at Goldman Sachs, where he was a partner and global co-head of software within the investment banking division.
  • We are thrilled to have him join our deep bench of technology senior managing directors and help expand our coverage within the technology sector.”
    Mr. Pomponi said, “Evercore’s technology team is one of the most experienced and talented in the industry.
  • I have always respected Evercore’s commitment to excellence, long-term client-centric vision, and unwavering focus on providing the best, independent advice.

Imperium Legacy Technology Accepted into Goldman Sachs 10,000 Small Businesses Cohort for 2023

Retrieved on: 
Thursday, September 21, 2023

ALPHARETTA, Ga., Sept. 21, 2023 /PRNewswire-PRWeb/ -- Imperium Legacy Technology (ILT), a leading provider of scalable enterprise cloud computing solutions, was recently accepted into Goldman Sachs' prestigious 10,000 Small Businesses program, which provides entrepreneurs access to education, capital, and other support services. As a program member, ILT will receive business operations, negotiations, and employee management support to help propel innovation and sustain long-term growth.

Key Points: 
  • ALPHARETTA, Ga., Sept. 21, 2023 /PRNewswire-PRWeb/ -- Imperium Legacy Technology (ILT), a leading provider of scalable enterprise cloud computing solutions, was recently accepted into Goldman Sachs' prestigious 10,000 Small Businesses program, which provides entrepreneurs access to education, capital, and other support services.
  • For over a decade, the Goldman Sachs 10,000 Small Businesses education and capital programs have helped thousands of entrepreneurs grow their businesses.
  • According to Goldman Sachs, 86% of program alumni do business with fellow alumni, and 67% mentor other businesses.
  • Through its program, Goldman Sachs recognizes that small businesses are engines of economic growth and job creation in the United States, yet many struggle to grow, find, and retain talent, or access capital.

AMERICAN INDUSTRIAL PARTNERS ADDS SENIOR SOURCING PROFESSIONALS

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- American Industrial Partners (AIP) announces Lawrence Steyn and Jamie Tam have joined the firm as business development focused Partners.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- American Industrial Partners (AIP) announces Lawrence Steyn and Jamie Tam have joined the firm as business development focused Partners.
  • Prior to Pony.ai, Lawrence covered industrial corporates for nearly 30 years as Vice Chairman of Investment Banking at JPMorgan, Managing Director at Morgan Stanley, and Executive Director at Goldman Sachs.
  • "Over the past decade, we have invested heavily in a highly differentiated approach to deal sourcing," said Ben DeRosa, AIP co-head of deal sourcing.
  • "Lawrence and Jamie bring additional horsepower and relationships to support our goal of being the best private equity investor in the industrial economy."

The Savvy Ladies 2023 Awards Benefit Gala Honors Exceptional Leaders Supporting & Advancing Financial Wellbeing for Women

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Savvy Ladies, a nationally recognized non-profit organization supporting free financial education for women, including a national free financial helpline, is pleased to announce the 2023 Savvy Ladies Honorees, who are each exceptional leaders supporting & leading financial empowerment for women. Each honoree, recognized for their unwavering commitment to financial education & advancement of financial wellbeing for women, will be honored at this year's Gala Celebration on November 1st, 2023, hosted at the Salesforce Tower, Bryant Park, NYC, and livestreamed.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Savvy Ladies , a nationally recognized non-profit organization supporting free financial education for women, including a national free financial helpline , is pleased to announce the 2023 Savvy Ladies Honorees, who are each exceptional leaders supporting & leading financial empowerment for women.
  • Savvy Ladies is commemorating its 20th year of equipping women with the educational tools and personalized 1:1 financial guidance to enhance women's financial wellbeing, build financial confidence, reduce financial anxiety, and help women understand a best course of action to take with their finances.
  • This year, Savvy Ladies honors outstanding individuals across five award categories, each of whom has significantly contributed to advancing financial literacy and women's empowerment.
  • The 2023 Change Maker Award Honorees are:
    Recognizing the importance of new talent in the financial world, Savvy Ladies is launching two new awards categories this year.

Miro Announces Appointment of David Obstler to its Board of Directors

Retrieved on: 
Wednesday, September 20, 2023

SAN FRANCISCO and AMSTERDAM, Sept. 20, 2023 /PRNewswire/ -- Miro ®, the visual workspace for innovation, today announced the appointment of David Obstler to the Miro Board of Directors.

Key Points: 
  • SAN FRANCISCO and AMSTERDAM, Sept. 20, 2023 /PRNewswire/ -- Miro ®, the visual workspace for innovation, today announced the appointment of David Obstler to the Miro Board of Directors.
  • Obstler also serves on the Board of Directors of Braze Inc. (NASDAQ: BRZE).
  • "We are very pleased to welcome David Obstler to the Miro Board of Directors.
  • As Miro continues to scale, we believe we'll benefit greatly from the expertise and outside perspective David brings," said Justin Coulombe, Chief Financial Officer, Miro.

Fuze raises $14mn - largest Seed round for digital assets start-up in Middle East

Retrieved on: 
Wednesday, September 20, 2023

ABU DHABI, UAE and NEW YORK, Sept. 20, 2023 /PRNewswire/ - Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa.

Key Points: 
  • ABU DHABI, UAE and NEW YORK, Sept. 20, 2023 /PRNewswire/ - Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa.
  • Fuze enables banks, fintechs or enterprises to offer regulated digital assets products to customers through native apps.
  • With a regional digital asset market worth $566bn, growing at 48% YoY, Fuze CEO Mohammed Ali Yusuf believes the Middle East is perfect for a digital assets infrastructure business, "We are excited to build the future of regulated financial infrastructure and digital assets out of the UAE.
  • The team at Fuze is highly experienced and has a clear vision to develop a trusted, world-class digital assets proposition.

Madison Square Garden Entertainment Corp. Announces Pricing of Secondary Offering and Share Repurchase

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced the pricing of the previously announced underwritten secondary offering by Sphere Entertainment Group, LLC (the "Selling Stockholder") of 7,150,000 shares of MSG Entertainment's Class A common stock at a public offering price of $32.50 per share.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced the pricing of the previously announced underwritten secondary offering by Sphere Entertainment Group, LLC (the "Selling Stockholder") of 7,150,000 shares of MSG Entertainment's Class A common stock at a public offering price of $32.50 per share.
  • In addition, as part of the secondary offering, MSG Entertainment intends to repurchase 1,602,564 shares of its Class A common stock from the underwriters, at a price of $31.20 per share, for an aggregate amount of approximately $50 million, under the Company's existing share repurchase authorization (the "share repurchase").
  • Upon completion of the share repurchase, the Company estimates that the outstanding balance under its revolving credit facility will be approximately $67 million.
  • BofA Securities, Goldman Sachs & Co. LLC and J.P. Morgan (in alphabetical order) are acting as joint book-running managers for the offering.

Entrata Summit Features Leading Business Change Makers and Industry Leaders

Retrieved on: 
Tuesday, September 19, 2023

LEHI, Utah, Sept. 19, 2023 /PRNewswire/ -- Entrata, the multifamily industry's leading operating system, is hosting its annual conference, Entrata Summit, from September 18-21, 2023, live in Salt Lake City at the Hyatt Regency. Along with celebrities and other keynotes, industry experts will share new perspectives on the multifamily industry, including accounting, marketing and leasing, resident tools, property operations and more.

Key Points: 
  • Along with celebrities and other keynotes, industry experts will share new perspectives on the multifamily industry, including accounting, marketing and leasing, resident tools, property operations and more.
  • "Entrata Summit is an opportunity for the best minds in multifamily to engage and network, as messages are shared from some of the world's top thought leaders," said Adam Edmunds, Entrata's CEO.
  • Entrata Summit will also feature Entrata thought-provoking insights from executives like Adam Edmunds, CEO, Amanda Fumo, CRO, Catherine Wong, COO and CPO, and Chase Harrington, President.
  • For more information about the 2023 Entrata Summit, please visit www.entrata.com /summit/

Madison Square Garden Entertainment Corp. Announces Secondary Offering and Share Repurchase

Retrieved on: 
Monday, September 18, 2023

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that Sphere Entertainment Group, LLC (the "Selling Stockholder") has commenced an underwritten secondary offering of 7,150,000 shares of MSG Entertainment's Class A common stock.

Key Points: 
  • NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that Sphere Entertainment Group, LLC (the "Selling Stockholder") has commenced an underwritten secondary offering of 7,150,000 shares of MSG Entertainment's Class A common stock.
  • In addition, as part of the secondary offering, MSG Entertainment intends to repurchase a number of shares of its Class A common stock from the underwriters equivalent to approximately $50 million (the "share repurchase") under the Company's existing share repurchase authorization at a price per share equal to the price at which the underwriters will purchase the shares from the Selling Stockholder in the offering.
  • The Company intends to fund the share repurchase from borrowings under its existing revolving credit facility, which has been amended to increase the available capacity from $100 million to $150 million.
  • Upon completion of the share repurchase, the Company estimates that the outstanding balance under its revolving credit facility will be approximately $67 million.

Cinctive Expands Global Macro and Healthcare Investment Teams as Firm Marks Four Year Anniversary

Retrieved on: 
Thursday, September 14, 2023

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Cinctive Capital Management ("Cinctive") today announced the addition of four investment professionals further enhancing its global macro and healthcare investment expertise.

Key Points: 
  • NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Cinctive Capital Management ("Cinctive") today announced the addition of four investment professionals further enhancing its global macro and healthcare investment expertise.
  • Additionally, the healthcare team of Jay Kim and Sue Lee will join Cinctive as portfolio manager and senior analyst, respectively.
  • Since its founding in September 2019, Cinctive has expanded from its focus on global long/short equity strategies to add both global macro and quantitative capabilities.
  • Said Larry Sapanksi, Co-Founder and Co-Chief Investment Officer of Cinctive, "From the beginning, Cinctive sought to create a collaborative, team-oriented culture.