Capital market

OpenYield Launches Fully Automated, Equity-Like Marketplace to Lead Bond Trading Into the Next Era

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 /PRNewswire/ -- OpenYield Trading LLC, a FINRA-registered broker-dealer and SEC-registered alternative trading system (ATS), today printed its first trade, marking the launch of its platform. OpenYield modernizes fixed-income investing and empowers broker-dealers, advisors and asset managers to easily enter the bond market or enhance their existing offerings. With unique liquidity, no minimums, flexible APIs and a powerful technology stack that delivers data and analytics, OpenYield provides a low-cost, equity-like marketplace for bond trading. 

Key Points: 
  • OpenYield modernizes fixed-income investing and empowers broker-dealers, advisors and asset managers to easily enter the bond market or enhance their existing offerings.
  • With unique liquidity, no minimums, flexible APIs and a powerful technology stack that delivers data and analytics, OpenYield provides a low-cost, equity-like marketplace for bond trading.
  • To date, OpenYield has onboarded prominent algo-enabled market makers such as Flow Traders and TD Securities Automated Trading.
  • We're thrilled to support OpenYield as they pave the way for broker-dealers, advisers, and beyond to enter the bond trading arena seamlessly.

Aker Carbon Capture Announces Agreement to form Joint Venture with SLB

Retrieved on: 
Wednesday, March 27, 2024

OSLO, Norway, March 27, 2024 /PRNewswire/ -- Aker Carbon Capture ASA (OSLO: ACC) today announced an agreement with SLB to combine their respective carbon capture businesses to support accelerated industrial decarbonization at scale.

Key Points: 
  • OSLO, Norway, March 27, 2024 /PRNewswire/ -- Aker Carbon Capture ASA (OSLO: ACC) today announced an agreement with SLB to combine their respective carbon capture businesses to support accelerated industrial decarbonization at scale.
  • "The decision to combine ACC and SLB's carbon capture business is underpinned by a strategic vision that reflects our commitment to accelerate the industrial adoption of carbon capture," said Egil Fagerland, chief executive officer, ACC.
  • "By partnering with SLB, we will become a diversified, global carbon capture player.
  • At closing, SLB will pay NOK 4.12 billion in cash to ACC for the purchase of 80% of the shares in Aker Carbon Capture Holding AS (ACCH), which holds the business of ACC.

Aker Carbon Capture Announces Agreement to form Joint Venture with SLB

Retrieved on: 
Wednesday, March 27, 2024

OSLO, Norway, March 27, 2024 /PRNewswire/ -- Aker Carbon Capture ASA (OSLO: ACC) today announced an agreement with SLB to combine their respective carbon capture businesses to support accelerated industrial decarbonization at scale.

Key Points: 
  • OSLO, Norway, March 27, 2024 /PRNewswire/ -- Aker Carbon Capture ASA (OSLO: ACC) today announced an agreement with SLB to combine their respective carbon capture businesses to support accelerated industrial decarbonization at scale.
  • "The decision to combine ACC and SLB's carbon capture business is underpinned by a strategic vision that reflects our commitment to accelerate the industrial adoption of carbon capture," said Egil Fagerland, chief executive officer, ACC.
  • "By partnering with SLB, we will become a diversified, global carbon capture player.
  • At closing, SLB will pay NOK 4.12 billion in cash to ACC for the purchase of 80% of the shares in Aker Carbon Capture Holding AS (ACCH), which holds the business of ACC.

FS Investments Expands Senior Leadership Team

Retrieved on: 
Wednesday, March 27, 2024

PHILADELPHIA, March 27, 2024 /PRNewswire/ -- FS Investments, a $76 billion global alternative asset manager, today announced two new additions to its senior leadership team. Lisa Opoku has joined the firm as Chief Operating Officer, reporting into Chairman and CEO Michael Forman, and Stephen Tisdalle will join the firm as Chief Marketing Officer, reporting into Co-President Enrico Gaglioti. Additionally, Chris Condelles, who joined FS Investments in 2016 and has served as Chief Operating Officer since January 2023, has been named Deputy Chief Financial Officer, a newly created role.

Key Points: 
  • PHILADELPHIA, March 27, 2024 /PRNewswire/ -- FS Investments, a $76 billion global alternative asset manager, today announced two new additions to its senior leadership team.
  • She will also play a key role in the ongoing integration of FS Investments and Portfolio Advisors following the combination of the two firms last year.
  • "I am thrilled to join FS Investments at a time when the firm is poised for significant growth," said Ms. Opoku.
  • "The recent combination of FS Investments and Portfolio Advisors significantly expands the firm's alternative solutions platform," commented Mr. Tisdalle.

Northwind Group Welcomes Robert Kalish as Managing Director, Head of Capital Markets

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK, March 27, 2024 /PRNewswire/ -- Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced today the appointment of Robert Kalish as the company's Managing Director, Head of Capital Markets. In this role, Kalish will lead Northwind's capital markets, fund raising, capital formation and business development initiatives. Kalish will report to Founder and Managing Partner Ran Eliasaf and work closely with the leadership team to oversee company growth. Kalish is well respected in the financial services sector and brings years of experience across multiple alternative investment asset classes and strategies. Over his career, Kalish spearheaded capital formations with about $3B of capital raised across alternative products.

Key Points: 
  • NEW YORK, March 27, 2024 /PRNewswire/ -- Northwind Group , a Manhattan-based real estate private equity firm and debt fund manager, announced today the appointment of Robert Kalish as the company's Managing Director, Head of Capital Markets.
  • In this role, Kalish will lead Northwind's capital markets, fund raising, capital formation and business development initiatives.
  • Kalish will report to Founder and Managing Partner Ran Eliasaf and work closely with the leadership team to oversee company growth.
  • Over his career, Kalish spearheaded capital formations with about $3B of capital raised across alternative products.

LiTHOS Strengthens Executive Team with Strategic Promotions and Key Hires

Retrieved on: 
Wednesday, March 27, 2024

DENVER, March 27, 2024 /PRNewswire/ - LiTHOS Group Ltd. ("LiTHOS" or the "Company") (CBOE CA: LITS), expands its executive team to support its operational and strategic initiatives.

Key Points: 
  • DENVER, March 27, 2024 /PRNewswire/ - LiTHOS Group Ltd. ("LiTHOS" or the "Company") (CBOE CA: LITS), expands its executive team to support its operational and strategic initiatives.
  • Leadership Enhancement for Strategic Goals: The executive team changes, including promotions and new hires, are strategically designed to strengthen our leadership and align with LiTHOS's long-term objectives in sustainable lithium production.
  • He will focus on coordinating operations across the company and how LiTHOS interfaces with strategic partners and capital markets.
  • CEO Scott Taylor expressed his enthusiasm about Gabe joining the LiTHOS team, stating, "We are excited to have Gabe join the LiTHOS team.

Ping An of China CSI HK Dividend ETF(3070.HK)Named Best Performer at Bloomberg Businessweek Top Fund Awards 2023

Retrieved on: 
Wednesday, March 27, 2024

Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.

Key Points: 
  • Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.
  • The HK Dividend ETF is an index-tracking exchange traded fund which aims to track the performance of its Underlying Index, the CSI HK Dividend Index (the "Underlying Index").
  • The Units of the HK Dividend ETF are traded on Stock Exchange of Hong Kong Limited ("SEHK").
  • "We are honored to be the Best Performer in the Equity - ETFs (NAV Total Return 1 year) category this year.

Ping An of China CSI HK Dividend ETF(3070.HK)Named Best Performer at Bloomberg Businessweek Top Fund Awards 2023

Retrieved on: 
Wednesday, March 27, 2024

Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.

Key Points: 
  • Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.
  • The HK Dividend ETF is an index-tracking exchange traded fund which aims to track the performance of its Underlying Index, the CSI HK Dividend Index (the "Underlying Index").
  • The Units of the HK Dividend ETF are traded on Stock Exchange of Hong Kong Limited ("SEHK").
  • "We are honored to be the Best Performer in the Equity - ETFs (NAV Total Return 1 year) category this year.

Fannie Mae Receives 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence

Retrieved on: 
Tuesday, March 26, 2024

WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This is the 10th consecutive year for Fannie Mae's Multifamily business and the fourth consecutive year for the company's Single-Family business for outstanding contributions to increasing adoption of energy-efficiency improvements in housing.

Key Points: 
  • WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy.
  • Fannie Mae, an ENERGY STAR partner since 2011, is committed to creating positive environmental, social, and economic outcomes through mortgage finance.
  • "Fannie Mae is proud to support ENERGY STAR's efforts to reduce the environmental impact of multifamily housing," said Karyn Sper, Senior Director, Multifamily Green and Duty to Serve, Fannie Mae.
  • "We continue to increase partnerships with lenders, builders, and energy raters to help encourage more ENERGY STAR certified homes."

Ping An of China SIF - RMB Bond Fund Wins 2 Awards at Offshore China Fund Awards 2023

Retrieved on: 
Monday, March 25, 2024

Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].

Key Points: 
  • Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].
  • Albert Wang, Head of Capital Markets and CIO of PAAMC HK, said, "We are proud to be consistently recognized by the Offshore China Fund Awards.
  • HKCAMA and Bloomberg announced the winners at their ninth annual Offshore China Fund Awards on 21 March, in recognition of their outstanding performance and contributions to China's offshore fund industry.
  • [2] Source: Offshore China Fund Awards official website: https://www.bloomberg.com/company/press/hkcama-and-bloomberg-host-eighth...