Alternative investment management companies

Statement from Davidson Kempner regarding Qiagen

Retrieved on: 
Wednesday, June 30, 2021
Finance, Money, Financial markets, Investment, Hedge funds, Alternative investment management companies, Institutional investors, Davidson Kempner Capital Management, Corporate finance, Arbitrage, Valuation, Qiagen

This has created a credibility issue that is currently reflected in Qiagen's steep valuation discount to peers and its own historic multiples, and negatively impacts the business.

Key Points: 
  • This has created a credibility issue that is currently reflected in Qiagen's steep valuation discount to peers and its own historic multiples, and negatively impacts the business.
  • Qiagen AGMs typically record 95%+ votes in favour of the reappointment of Board members, unless there have been specific concerns.
  • Davidson Kempner Capital Management LP is a global institutional alternative asset management firm, founded in 1983, with over 400 team members and approximately $37.7 billion in assets under management (estimate as of 1 June, 2021).
  • The Firm's investment strategies include Distressed, Merger Arbitrage, Long/Short Equities, Convertible Arbitrage and Long/Short Credit.

Team of Former Insight Partners Investors Launch Nexa Equity

Retrieved on: 
Tuesday, June 29, 2021
Software, Technology, Professional services, Finance, Finance, Money, Investment, Growth capital, Private equity, Alternative investment management companies

This highly successful approach was utilized in notable investments in which the Nexa Equity team was involved while at Insight Partners, including Checkout.com, Inhabit IQ, EveryAction, and PayIt, among others.

Key Points: 
  • This highly successful approach was utilized in notable investments in which the Nexa Equity team was involved while at Insight Partners, including Checkout.com, Inhabit IQ, EveryAction, and PayIt, among others.
  • The Nexa Equity team has highly complementary skillsets as well as a wealth of software, tech and payments investing and operating experience.
  • Vlad was with Insight Partners from 2016 to 2019, where he helped grow the buyout team and lead investments in software and financial technology.
  • Todd was previously an investor at Insight Partners where he focused on growth equity investments in software companies.

Black Bay Energy Capital Announces Promotions and Team Additions

Retrieved on: 
Monday, June 28, 2021
Energy, Other Energy, Oil, Gas, Finance, Money, Economy, Alternative investment management companies, Corporate finance, Equity securities, Private-equity firm, Private equity

Black Bay Energy Capital (Black Bay), a private equity firm focused on growth investments for innovative companies in the energy sector, is pleased to announce several promotions, a team addition, and new Strategic Advisory Board members.

Key Points: 
  • Black Bay Energy Capital (Black Bay), a private equity firm focused on growth investments for innovative companies in the energy sector, is pleased to announce several promotions, a team addition, and new Strategic Advisory Board members.
  • At Black Bay, Will focuses on sourcing and evaluating new investment opportunities, due diligence, and monitoring of investments.
  • Black Bay has worked with Floyd and Doug for years, and they both serve on Black Bay portfolio company boards.
  • Black Bay Energy Capital (Black Bay) is a private equity firm focused on the North American energy sector.

One River Digital Delivers 365-day Liquidity to Institutional Investors

Retrieved on: 
Wednesday, June 23, 2021
Finance, Money, Economy, Asset management, Management accounting, Valuation, Investment, Alternative investment management companies

GREENWICH, Conn., June 23, 2021 /PRNewswire/ --Today One River Digital announced that its market leading institutional digital funds now offer 365-day liquidity to existing investors.

Key Points: 
  • GREENWICH, Conn., June 23, 2021 /PRNewswire/ --Today One River Digital announced that its market leading institutional digital funds now offer 365-day liquidity to existing investors.
  • Recent One River Digital research revealed that as much as 20-25% of digital asset volume can occur on weekends.
  • "Today many institutional clients require a traditional investment vehicle to deliver digital asset returns into their portfolios," notes Sebastian Bea, President One River Digital.
  • About One River Digital Asset Management:
    One River Digital Asset Management is a leading asset manager in the emerging digital asset industry, with investment funds and bespoke strategies built to meet the unique needs of its institutional clients around the globe.

Cowen Expands Global Capital Introduction Team, Providing Extended Solutions for Prime Brokerage and Outsourced Trading Clients

Retrieved on: 
Tuesday, June 22, 2021
Finance, Money, Institutional investors, Investment, Banking, Capital Introduction, Alternative investment management companies, Prime brokerage, Cowens, Hedge fund

NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (Cowen or the Company) has expanded its global capital introduction team with two new senior appointments as it continues extending the services and coverage it provides to its prime brokerage and outsourced trading clients.

Key Points: 
  • NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (Cowen or the Company) has expanded its global capital introduction team with two new senior appointments as it continues extending the services and coverage it provides to its prime brokerage and outsourced trading clients.
  • Cowens global capital introduction team now comprises eight capital introduction professionals, with additional hires planned over the next couple of years.
  • Brett Yarkon, Managing Director and Head of Capital Introduction at Cowen, said, Amy and Daniel both have extensive buy-side experience and are strong additions to our growing team.
  • Clients are typically emerging managers, with a team focus on family offices, hedge fund of funds, endowments and foundations, and other investors willing to provide early-stage capital.

Arden Group Announces Final Close of Arden Real Estate Partners, III L.P. at $500 Million in Equity

Retrieved on: 
Tuesday, June 22, 2021
Construction & Property, Professional services, REIT, Finance, Finance, Money, Investment, Private equity, Financial markets, Alternative investment management companies, Equity securities, Arden Group, Greenstone, ARDEN GROUP, GREENSTONE

Earlier this month, Arden Group announced the final close of the firms third fully discretionary equity fund, Arden Real Estate Partners, III L.P., at $500 million.

Key Points: 
  • Earlier this month, Arden Group announced the final close of the firms third fully discretionary equity fund, Arden Real Estate Partners, III L.P., at $500 million.
  • Greenstone Equity Partners supported Arden in achieving fund closure by raising capital from its network of GCC-based institutional investors.
  • With Arden we are proud that we were able to deliver a top-ranked real estate fund to our investors.
  • Arden Group is a vertically integrated real estate investment management firm focused on equity and debt investments in the top 25 US MSAs.

MOSS Partners with Crypto Hedge Fund Argentium to Achieve Carbon Neutrality

Retrieved on: 
Tuesday, June 22, 2021
Articles, Decentralization, Money, Finance, Cryptocurrencies, Greenhouse gas emissions, Renewable energy, Alternative investment management companies, Argentium sterling silver, Blockchain, Carbon neutrality, Hedge fund

As part of the arrangement, Argentium will purchase and 'burn' the required number of MCO2 tokens to ensure both the fund and the company operate on a carbon-neutral basis.

Key Points: 
  • As part of the arrangement, Argentium will purchase and 'burn' the required number of MCO2 tokens to ensure both the fund and the company operate on a carbon-neutral basis.
  • "We recognize that our trading activity necessitates the use of multiple blockchains and this has a carbon impact.
  • The company will then buy MC02 carbon credits from MOSS to offset the impact of blockchain activity and more, to expand its commitment to neutrality.
  • Argentium provides services to manage The Argentium Chimera Fund, a high frequency systematic multi-strategy hedge fund trading in the most liquid cryptocurrencies.

Accel-KKR Completes Sale of Majority Interest in Seequent

Retrieved on: 
Monday, June 21, 2021
Private equity firms, Investment, Alternative investment management companies, Accel-KKR, Kohlberg Kravis Roberts, Accel, Bentley Systems, Geologic modelling

In October 2019, Seequent acquired Canadian-based GEOSLOPE , a leading geotechnical software company, to expand Seequent's solutions to improve overall engineering and design workflows for its client base.

Key Points: 
  • In October 2019, Seequent acquired Canadian-based GEOSLOPE , a leading geotechnical software company, to expand Seequent's solutions to improve overall engineering and design workflows for its client base.
  • Accel-KKR was awarded the 2019 "Investor of the Year" for its investment in Seequent by the American Chamber of Commerce in New Zealand.
  • Shaun Maloney, CEO of Seequent, led the capital raise with Accel-KKR in 2018, oversaw Seequent's growth during AKKR's investment period and was instrumental in its eventual sale to Bentley Systems.
  • Seequent is a world leader in the development of 3D geological modelling and visual data software for understanding subsurface geoscience and engineering design solutions.

Palladium Equity Partners Names Meahgan O'Grady Director of Business Development

Retrieved on: 
Monday, June 21, 2021
Finance, Money, Investment, Alternative investment management companies, KPS Capital Partners, Private-equity firm, Private equity, Hg

NEW YORK, June 21, 2021 /PRNewswire/ -- Palladium Equity Partners, LLC, a middle market private equity firm with nearly $3 billion in assets under management, today announced that Meahgan O'Grady has joined the firm as Director of Business Development, a newly-created position.

Key Points: 
  • NEW YORK, June 21, 2021 /PRNewswire/ -- Palladium Equity Partners, LLC, a middle market private equity firm with nearly $3 billion in assets under management, today announced that Meahgan O'Grady has joined the firm as Director of Business Development, a newly-created position.
  • Ms. O'Grady brings to Palladium a wealth of business development experience and skills.
  • Ms. O'Grady joins Palladium from KPS Capital Partners, where she was Vice President, Head of Business Development, Mid-Cap.
  • "As one of the nation's oldest and largest minority owned private equity firms, Palladium Equity Partners serves as a model for the future of the industry.

Firsthand Technology Value Fund Discloses Top Portfolio Holdings

Finance, Money, Investment, Equity securities, Corporate finance, Entrepreneurship, Private equity, Venture capital, Alternative investment management companies, Cleantech Finland

SAN JOSE, Calf., June 17, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of May 31, 2021, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and Hera Systems.

Key Points: 
  • SAN JOSE, Calf., June 17, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of May 31, 2021, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and Hera Systems.
  • Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund that invests in technology and cleantech companies.
  • More information about the Fund and its holdings can be found online at www.firsthandtvf.com .
  • Under normal circumstances, the Fund will invest at least 80% of its total assets for investment purposes in technology and cleantech companies.