Cerberus Capital Management

HF Foods Appoints Felix Lin as President of the Company

Retrieved on: 
Friday, February 9, 2024

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.

Key Points: 
  • LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.
  • Mr. Lin has served as the Company’s Chief Operating Officer since May 1, 2022.
  • Peter Zhang, CEO of HF Foods added: “I am pleased to announce that Felix Lin, Chief Operating Officer, will assume the additional role of President for HF Foods.
  • As President and Chief Operating Officer of HF Foods, Felix will lead the cross-functional collaboration internally in achieving our strategic business objectives.

Untether AI Enters 2024 Positioned for Growth

Retrieved on: 
Thursday, January 4, 2024

Untether AI ®, the leader in energy-centric AI acceleration technology, today announced Board of Directors and senior leadership appointments as it enters a new phase of growth.

Key Points: 
  • Untether AI ®, the leader in energy-centric AI acceleration technology, today announced Board of Directors and senior leadership appointments as it enters a new phase of growth.
  • View the full release here: https://www.businesswire.com/news/home/20240104033093/en/
    Mr. Walker joined Untether AI as President in 2023 from Intel Corporation, where he was Corporate Vice President and General Manager.
  • "I send my heartfelt congratulations to Chris as he leads Untether AI into their next stage of growth in architecture."
  • “The rise of AI compute workloads requires a radical re-thinking of how compute is done, which is what Untether AI is pioneering with its energy efficient, scalable solution for AI applications,” said Dr. Salek.

Comscore Lead Director Brent Rosenthal to Retire from the Board and Not Stand for Re-election at the 2024 Annual Meeting

Retrieved on: 
Friday, December 29, 2023

RESTON, Va., Dec. 29, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that its Lead Director, Brent Rosenthal, who stepped down as non-executive Chairman of the Board in 2022, will retire from the Board and not stand for re-election at the Company's 2024 annual meeting of stockholders. The Company plans to nominate Chief Executive Officer Jon Carpenter to join the Board in 2024.

Key Points: 
  • RESTON, Va., Dec. 29, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that its Lead Director, Brent Rosenthal, who stepped down as non-executive Chairman of the Board in 2022, will retire from the Board and not stand for re-election at the Company's 2024 annual meeting of stockholders.
  • The Company plans to nominate Chief Executive Officer Jon Carpenter to join the Board in 2024.
  • Mr. Rosenthal has served Comscore and its affiliated companies for more than 15 years.
  • We wish him well on his future endeavors," concluded Brian Wendling, who was designated to the Board by Liberty Broadband.

Albertsons Companies Appoints Sarah Mensah and Lisa Gray to Board of Directors

Retrieved on: 
Monday, December 18, 2023

Albertsons Companies, Inc. (NYSE: ACI) announced today that Sarah Mensah and Lisa Gray have been appointed to the Company’s Board of Directors (the “Board”) .

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) announced today that Sarah Mensah and Lisa Gray have been appointed to the Company’s Board of Directors (the “Board”) .
  • View the full release here: https://www.businesswire.com/news/home/20231218822314/en/
    Sarah Mensah has been appointed to the Albertsons Companies, Inc. Board of Directors.
  • Prior to the initial public offering of Albertsons Cos., Ms. Gray served on the board of directors of Albertsons LLC and various of its subsidiary companies.
  • As previously announced by the Company, Ms. Gray was appointed to the Board effective November 21, 2023.

Leading Home Equity Provider Spring EQ Completes Sale to Cerberus

Retrieved on: 
Monday, December 18, 2023

Spring EQ, a leading provider of home equity financing solutions, today announced that it has completed its previously announced acquisition by an affiliate of Cerberus Capital Management, L.P., a global leader in alternative investing.

Key Points: 
  • Spring EQ, a leading provider of home equity financing solutions, today announced that it has completed its previously announced acquisition by an affiliate of Cerberus Capital Management, L.P., a global leader in alternative investing.
  • With the completion of the transaction, Spring EQ officially joins Cerberus’ Residential Opportunities platform to take the next step in its journey to deliver best-in-class offerings and expand its leadership in the home equity financing market.
  • Founder and Chief Executive Officer Jerry Schiano, alongside the current management team, will continue to lead Spring EQ.
  • Katten Muchin Rosenman LLP acted as legal advisor to Spring EQ and GreensLedge Capital Markets LLC served as financial advisor.

Broadwing Capital Announces Strategic Growth Partnership with Leading South Florida Roofing Services Company

Retrieved on: 
Tuesday, December 12, 2023

Focusing on family- and founder-owned businesses, Broadwing utilizes extensive resource networks and a systematic approach to value creation in the manufacturing and services sectors.

Key Points: 
  • Focusing on family- and founder-owned businesses, Broadwing utilizes extensive resource networks and a systematic approach to value creation in the manufacturing and services sectors.
  • Based in West Palm Beach, Campany provides roof maintenance, repair, and replacement services for condominium and homeowner associations, commercial properties, and high-end, single-family homes in South Florida.
  • “Campany is a critical provider of reroofing services to South Florida condos in a growing market.
  • Tree Line Capital Partners, LLC provided acquisition financing to Broadwing, which was advised on the transaction by McGuireWoods LLP and Citizens M&A Advisory.

Golub Capital Continues APAC Expansion with Hong Kong Hire

Retrieved on: 
Thursday, November 30, 2023

Golub Capital today announced that Amy Chiang has joined as Managing Director, Greater China and Southeast Asia and will be based in the Firm’s newly-opened Hong Kong office.

Key Points: 
  • Golub Capital today announced that Amy Chiang has joined as Managing Director, Greater China and Southeast Asia and will be based in the Firm’s newly-opened Hong Kong office.
  • In her new role, she will be dedicated to building and strengthening relationships with investors in the Greater China and Southeast Asia region.
  • “We are excited to continue building our presence and commitment to investors in the APAC region,” said Craig Benton, Senior Managing Director, Head of the Investor Partners Group at Golub Capital.
  • “I look forward to expanding Golub Capital’s market leading private credit strategies to the growing capital base in Greater China and Southeast Asia; complementing our existing investor base in developed markets to deliver resilient returns across market cycles,” said Amy Chiang, Managing Director, Greater China and Southeast Asia at Golub Capital.

Godspeed Capital Establishes Crimson Phoenix as a New Platform Offering Differentiated Artificial Intelligence & Machine Learning, Data Analytics, and Intelligence Analysis Solutions

Retrieved on: 
Monday, November 27, 2023

The platform will be led by CEO Ross O’Rourke, an experienced entrepreneur and business leader in the U.S. Intelligence Community.

Key Points: 
  • The platform will be led by CEO Ross O’Rourke, an experienced entrepreneur and business leader in the U.S. Intelligence Community.
  • “We are excited to establish Crimson Phoenix as a premier provider of digital, data, and high-end intelligence analysis solutions to the U.S. Intelligence Community and Special Operations Command,” said Doug Lake, Founder & Managing Partner at Godspeed.
  • “Godspeed has significant expertise building and scaling Intelligence and Defense services, solutions, and technology focused platforms.
  • We are witnessing a growing reliance on our Artificial Intelligence, Machine Learning, and digitally enabled solutions to meet their mission-critical needs, placing Crimson Phoenix in an exciting position poised for remarkable growth.

Kingswood Capital Management and First Bev Complete Investment in G FUEL, Providing Capital for Growth

Retrieved on: 
Thursday, November 16, 2023

Kingswood Capital Management and First Bev announced today a significant cash investment in G FUEL, the market leader in energy drinks targeting the 3+ billion global gamer community.

Key Points: 
  • Kingswood Capital Management and First Bev announced today a significant cash investment in G FUEL, the market leader in energy drinks targeting the 3+ billion global gamer community.
  • Alongside the investment, Bryan Crowley, formerly of ZenWTR, Soylent, Pabst Brewing Company, and Mars, Inc., was named by G FUEL as the company’s new CEO.
  • View the full release here: https://www.businesswire.com/news/home/20231116437732/en/
    New G FUEL CEO, Bryan Crowley (left) with G FUEL Founder, Clifford Morgan.
  • “Bryan, Kingswood, and First Bev all understand the incredible wealth of opportunity that exists with this brand,” said G FUEL Founder Clifford Morgan.

Avicena will showcase the world’s smallest 1Tbps optical transceiver at the SuperComputing Conference 2023 in Denver, CO

Retrieved on: 
Tuesday, November 14, 2023

Avicena, a privately held company headquartered in Sunnyvale, CA, is demonstrating the world’s smallest 1Tbps optical transceiver as part its LightBundleTM multi-Tbps chip-to-chip interconnect technology at the SuperComputing Conference (SC23) in Denver, CO ( https://sc23.supercomputing.org/ ).

Key Points: 
  • Avicena, a privately held company headquartered in Sunnyvale, CA, is demonstrating the world’s smallest 1Tbps optical transceiver as part its LightBundleTM multi-Tbps chip-to-chip interconnect technology at the SuperComputing Conference (SC23) in Denver, CO ( https://sc23.supercomputing.org/ ).
  • Avicena’s microLED-based LightBundle architecture supports unprecedented throughput, shoreline density and low power, unlocking the performance of processors, memory, and sensors.
  • “At Avicena we are excited to showcase the world’s most compact 1Tbps transceiver in the shape of a 3mm x 4mm CMOS ASIC using our patented microLED optical interface,” says Bardia Pezeshki, Founder and CEO of Avicena.
  • “Optical interconnect technology has the potential to improve chip-to-chip and inter-rack performance,” says Marco Chisari, head of the Samsung Semiconductor Innovation Center.