Investment banking

BTIG Expands Investment Banking Group with Head of Financial Institutions Alex Alden

Retrieved on: 
Monday, February 7, 2022

BTIG announced today that Alex Alden has joined the firm as a Managing Director and Head of Financial Institutions and Financial Technology within its Investment Banking division.

Key Points: 
  • BTIG announced today that Alex Alden has joined the firm as a Managing Director and Head of Financial Institutions and Financial Technology within its Investment Banking division.
  • Mr. Alden will oversee the firms efforts to deliver a complete set of advisory and capital solutions to BTIGs financial services and financial technology clients globally.
  • Most recently, Alex was a Managing Director and Head of Financial Institutions and Head of Financial Technology at KPMG Corporate Finance LLC, focusing on M&A and capital advisory transactions.
  • BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services.

Stephens Strengthens Consumer Advisory Team With Anthony Donges and Meet Desai Hires

Retrieved on: 
Monday, February 7, 2022

Stephens, an independent financial services firm, today announced the addition of Anthony Donges and Meet Desai to its Consumer advisory practice in London.

Key Points: 
  • Stephens, an independent financial services firm, today announced the addition of Anthony Donges and Meet Desai to its Consumer advisory practice in London.
  • These experienced hires deepen Stephens transatlantic Consumer capabilities, built around proven industry and transaction expertise in Europe and the United States.
  • Mr. Donges joins the senior team at Stephens from KPMG, where he was a Director in the Consumer Goods and Retail team.
  • Stephens affiliates include: Stephens Inc. (offers securities products; member NYSE SIPC), Stephens Investment Management Group, Stephens Insurance, LLC, Stephens Capital Partners LLC, and Stephens Europe Limited.

BTG Pactual and JICA announce US$200 million in financing in Brazil

Retrieved on: 
Friday, February 4, 2022

SAO PAULO, Feb. 4, 2022 /PRNewswire/ -- BTG Pactual (BPAC11) announces a new agreement with the Japan International Cooperation Agency (JICA), the Japanese government agency that is responsible for fostering private investment focused on economic and social development in developing countries.  The US$ 200 million agreement will favor small and medium-sized companies in Brazil. The funds will be allocated to Brazilian SMEs, who play an important part at this time of economic activity recovery and income generation.

Key Points: 
  • The credit line, in addition to other already operational initiatives, will boost BTG+ business, BTG Pactual (BPAC11)'s platform for small and medium-sized companies, which currently has a portfolio of more than R$ 14 billion in financing.
  • With this credit line, BTG Pactual already has US$ 500 million raised and earmarked for these initiatives, strengthening its ability to offer financing to small and medium-size companies in Brazil.
  • Since then, BTG Pactual has secured over US$ 500 million in social financing with JICA and DFC and has expanded its funding possibilities for sustainable deposits.
  • BTG Pactual CEO Roberto Sallouti: "We are extremely pleased with the agreement with JICA, as we are partnering with yet another top-quality global partner.

BTG Pactual and JICA announce US$200 million in financing in Brazil

Retrieved on: 
Friday, February 4, 2022

The credit line, in addition to other already operational initiatives, will boost BTG+ business, BTG Pactual (BPAC11)'s platform for small and medium-sized companies, which currently has a portfolio of more than R$ 14 billion in financing.

Key Points: 
  • The credit line, in addition to other already operational initiatives, will boost BTG+ business, BTG Pactual (BPAC11)'s platform for small and medium-sized companies, which currently has a portfolio of more than R$ 14 billion in financing.
  • With this credit line, BTG Pactual already has US$ 500 million raised and earmarked for these initiatives, strengthening its ability to offer financing to small and medium-size companies in Brazil.
  • Since then, BTG Pactual has secured over US$ 500 million in social financing with JICA and DFC and has expanded its funding possibilities for sustainable deposits.
  • BTG Pactual CEO Roberto Sallouti: "We are extremely pleased with the agreement with JICA, as we are partnering with yet another top-quality global partner.

Galaxy Digital Launches Sustainability Program and Strategy

Retrieved on: 
Thursday, February 3, 2022

(TSX: GLXY) ("Galaxy Digital" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced the launch of the Company's Sustainability Program and Strategy ("the Program").

Key Points: 
  • (TSX: GLXY) ("Galaxy Digital" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced the launch of the Company's Sustainability Program and Strategy ("the Program").
  • The Program underscores Galaxy Digital's commitment to responsible environmental practices, a robust corporate governance strategy and an equitable, inclusive environment for employees.
  • To this end, we are pleased to announce Galaxy Digital's Sustainability Program.
  • Galaxy Digital established a structured corporate governance approach to advance the Sustainability Program and Strategy and ensure strong oversight.

RLH Equity Partners Announces Promotions and New Hire

Retrieved on: 
Tuesday, February 1, 2022

LOS ANGELES, Feb. 1, 2022 /PRNewswire/ -- RLH Equity Partners (RLH), a leading middle market growth equity investment firm, is pleased to announce two promotions among members of its investment team and one recent addition to the firm roster.Rob Rodin has become Vice Chair of RLH, Ari Adler has been promoted to Vice President, and Paul Fortin has joined the firm as an Associate.

Key Points: 
  • LOS ANGELES, Feb. 1, 2022 /PRNewswire/ -- RLH Equity Partners (RLH), a leading middle market growth equity investment firm, is pleased to announce two promotions among members of its investment team and one recent addition to the firm roster.Rob Rodin has become Vice Chair of RLH, Ari Adler has been promoted to Vice President, and Paul Fortin has joined the firm as an Associate.
  • RLH co-founder J. Christopher Lewis commented, "We are pleased to recognize the accomplishments and contributions of our colleagues with these well-deserved promotions.
  • RLH Equity Partners invests, together with entrepreneurial leadership teams, in uniquely positioned, high growth, knowledge-based enterprises.
  • RLH currently manages over $1 billion of assets and is actively seeking new portfolio company investments.

Wells Fargo Names Jessica Lupovici to Lead Its Middle Market Banking East Region

Retrieved on: 
Tuesday, February 1, 2022

Wells Fargo & Company (NYSE: WFC) today announced that Jessica Lupovici has been named head of Middle Market Bankings East Region, part of Commercial Banking.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced that Jessica Lupovici has been named head of Middle Market Bankings East Region, part of Commercial Banking.
  • Lupovici will join Wells Fargo in April and report to Kristin Lesher, executive vice president and head of Wells Fargo Middle Market Banking.
  • View the full release here: https://www.businesswire.com/news/home/20220201005387/en/
    Wells Fargo Names Jessica Lupovici to lead its Middle Market Banking East Region.
  • A leading middle market banking provider, Wells Fargo provides a comprehensive suite of products and services to serve the diverse needs of clients with annual revenue generally between $10 million and $2 billion.

VAALCO Energy Announces Changes to Its Board of Directors

Retrieved on: 
Monday, January 31, 2022

HOUSTON, Jan. 31, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that Fabrice Nze-Bekale was appointed as a new independent director to the Companys Board of Directors.

Key Points: 
  • HOUSTON, Jan. 31, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that Fabrice Nze-Bekale was appointed as a new independent director to the Companys Board of Directors.
  • Additionally, Bradley Radoff has resigned from the Board of Directors effective January 28, 2022.
  • Andrew L. Fawthrop, VAALCOs Chairman of the Board commented, "We believe that Fabrice will bring a unique perspective to our Board with his significant Board and senior management experience in mining and banking in West Africa that will help support VAALCO in achieving our strategic goals.
  • From 2012 to 2020, he was a member of the Board of the Fonds Gabonais DInvestissements Strategiques, Gabons sovereign wealth fund.

Lightsmith Group Closes Inaugural $186 Million Growth Equity Climate Fund, the First to Focus on Climate Resilience and Adaptation

Retrieved on: 
Monday, January 31, 2022

Lightsmith Group (Lightsmith), a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF (Lightsmith Climate Resilience or the Fund) with $186 million of commitments.

Key Points: 
  • Lightsmith Group (Lightsmith), a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF (Lightsmith Climate Resilience or the Fund) with $186 million of commitments.
  • Lightsmith Climate Resilience is the first private equity fund to have focused on climate resilience and adaptation, investing in growth-stage technology companies that address the effects of climate change.
  • Climate Policy Initiative (CPI) has concluded that Lightsmith Climate Resilience is the first private equity fund focused on climate resilience, and reported that until now, less than $500 million per year of private investment has targeted climate change adaptation.
  • Lightsmith Climate Resilience is the first private equity fund to focus on investing in solutions to the effects of climate change, said Kauffman.

WestPark Capital Announces Ed Tsuker Joins Firm as Head of Capital Markets

Retrieved on: 
Friday, January 28, 2022

WestPark Capital, a full-service investment bank and broker-dealer, announced today that Ed Tsuker has joined the firm in the position of Head of Capital Markets.

Key Points: 
  • WestPark Capital, a full-service investment bank and broker-dealer, announced today that Ed Tsuker has joined the firm in the position of Head of Capital Markets.
  • Ed joins WestPark bringing with him over 20 years experience in Capital Markets, Investment Banking and Corporate Finance, servicing emerging growth, small cap and middle market companies, specializing in life sciences, healthcare, technology, energy, metals and mining.
  • Previously, Mr. Tsuker was Head of Capital Markets and held senior management positions with several well-known investment banks.
  • We are very pleased to have Ed join the WestPark team and bring his caliber of expertise to our rapidly growing platform, said Jay Stern, COO of WestPark.