SVB

Runway Growth Capital Announces Results From Third Venture Debt Review Survey

Retrieved on: 
Thursday, January 25, 2024
Silicon, PitchBook Data, SVB, Partnership, VCS, Interview, Venture capital, Silicon Valley Bank, Bank

MENLO PARK, Calif., Jan. 25, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the findings from its third Venture Debt Review. Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley Bank ("SVB") in March 2023 has shaped the views of both capital seekers and capital providers.

Key Points: 
  • MENLO PARK, Calif., Jan. 25, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the findings from its third Venture Debt Review .
  • Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley Bank ("SVB") in March 2023 has shaped the views of both capital seekers and capital providers.
  • Though misperceptions about venture debt persist (as they have historically), the collapse of Silicon Valley Bank seemingly did not affect demand for venture debt or its outlook in the months ahead.
  • Following the survey, 5 subject matter experts within the Runway Growth Capital network were invited to participate in an online in-depth interview to provide a more qualitative perspective to the findings.

Silicon Valley Bank Releases 23rd Annual State of the US Wine Industry Report

Retrieved on: 
Thursday, January 18, 2024
Silicon, PST, SVB, Environment, Wine, Marketing, Annual report, Silicon Valley Bank, First Citizens BancShares, SVP, Cryptocurrency

NAPA, Calif., Jan. 18, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today released its 2024 State of the US Wine Industry Report .

Key Points: 
  • NAPA, Calif., Jan. 18, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today released its 2024 State of the US Wine Industry Report .
  • "Now more than ever, changing market dynamics favor wineries that adapt to a changing demand environment," said Rob McMillan, Silicon Valley Bank Wine Division founder and author of the report.
  • Silicon Valley Bank will host a live webinar to discuss the annual report and state of the wine industry today at 9:00 a.m. PST.
  • Read the full 2024 State of the Wine Industry report here: www.svb.com/trends-insights/reports/wine-report.

Former SVB Executive Reka Mishra Joins CLIPr Advisory Board

Retrieved on: 
Thursday, January 11, 2024
Silicon, Kaiser Permanente, PayPal, Fintech, SVB, Electronics, AI, Communication, Machine learning, Translation, Silicon Valley Bank, Growth

SEATTLE, Jan. 11, 2024 (GLOBE NEWSWIRE) -- CLIPr, an Enterprise Video Intelligence platform using AI and machine learning to make video search-able, query-able and more action-able to Unlock Video Insights and Eliminate Video Overload, announced today that former SVB executive, Reka Mishra, will join the company’s advisory board.

Key Points: 
  • SEATTLE, Jan. 11, 2024 (GLOBE NEWSWIRE) -- CLIPr, an Enterprise Video Intelligence platform using AI and machine learning to make video search-able, query-able and more action-able to Unlock Video Insights and Eliminate Video Overload, announced today that former SVB executive, Reka Mishra, will join the company’s advisory board.
  • Reka will assist in strategic and product guidance, as well as the global expansion of CLIPr’s platform.
  • “I’m thrilled to join CLIPr and help their executive team transform how people consume and engage with video content, along with robust analysis and data by a click of a button on their fingertips,” said Reka.
  • Reka has successfully expanded multibillion-dollar business by driving growth and scaling organizations, introducing new product lines, and operations into new geographies and growth regions.

SVB Capital Announces SVB Financial Group Will Retain Ownership of the Business and Creates New Operating Committee

Retrieved on: 
Tuesday, January 9, 2024
Silicon, SVB, Partnership, Pink, Senior advisor, Environment, Growth, Security (finance)

SANTA CLARA, Calif., Jan. 9, 2024 /PRNewswire/ -- SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of SVB Financial Group (Pink Sheets: SIVBQ), today announced that, following a review of strategic alternatives, SVB Financial Group and its creditors have determined that retaining the SVB Capital business would result in superior value creation opportunities. In connection with mapping its go-forward strategy, SVB Capital has created a new operating committee that will oversee all aspects of the business' strategic and operational initiatives.

Key Points: 
  • SANTA CLARA, Calif., Jan. 9, 2024 /PRNewswire/ -- SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of SVB Financial Group (Pink Sheets: SIVBQ), today announced that, following a review of strategic alternatives, SVB Financial Group and its creditors have determined that retaining the SVB Capital business would result in superior value creation opportunities.
  • In connection with mapping its go-forward strategy, SVB Capital has created a new operating committee that will oversee all aspects of the business' strategic and operational initiatives.
  • The operating committee is made up of Aaron Gershenberg, Sulu Mamdani and Beau Laskey, three longtime SVB Capital executives and experienced venture capital leaders.
  • The committee will work closely with William Kosturos, Chief Restructuring Officer of SVB Financial Group, to ensure a smooth transition.

Increased Venture Capital Investment Bolsters Women's Health Startups

Retrieved on: 
Monday, January 8, 2024
Annual report, Pregnancy, Women's health, Health care, Woman, First Citizens BancShares, Research, Public, FDA, Menopause, Health, SAN, Fertility, Mental health, Fierce, Silicon Valley Bank, Initial public offering, Data collection, Therapy, SVB, Environment, Pharmaceutical industry

SAN FRANCISCO, Jan. 8, 2024 /PRNewswire/ -- Despite ongoing economic headwinds and a pressured venture fundraising environment, investment in startup companies addressing women's health is on the rise. According to a recent report from Silicon Valley Bank (SVB), a division of First Citizens Bank, investment in women's health companies increased 314% since 2018, while overall investment for the health sector increased 28%.

Key Points: 
  • According to a recent report from Silicon Valley Bank (SVB), a division of First Citizens Bank, investment in women's health companies increased 314% since 2018, while overall investment for the health sector increased 28%.
  • SVB's Innovation in Women's Health Report examines fundraising and investment activity as well as capital and valuation trends across the sector.
  • The report defines women's health as healthtech, biopharma, diagnostics/tools, and medical device companies that address underserved care needs for women.
  • "Despite broader challenges in the larger venture capital landscape, women's health is showing significant momentum and progress," said Raysa Bousleiman, co-author of the SVB Innovation in Women's Health report and VP of Venture Capital Relationship Management for Life Science and Healthcare at SVB.

Maui Land & Pineapple Company appoints new board members to support next chapter of growth

Retrieved on: 
Wednesday, January 3, 2024
Central Pacific Bank, Core, CPF, Corporate finance, Risk, Landscape, Non-governmental organization, Federal Reserve Bank, Drainage, Central Pacific, CNM, Catholic Church, Virginia School for Girls, University, Silicon Valley Bank, Water, FRB, Construction, General counsel, Growth, MLP, Silicon, Ohta, SVB, Management

“Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.

Key Points: 
  • “Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.
  • We look forward to their thoughtful guidance as we chart the course for a future of growth,” said Race Randle, CEO of Maui Land & Pineapple Company.
  • He is also a board member of the private equity and real estate company, Tradewind Capital.
  • With the addition of Ngo and Ota, Maui Land & Pineapple Company’s Board of Directors will be comprised of seven independent directors of diverse communities with versatile expertise.

Frank Elderson: Powers, ability and willingness to act – the mainstay of effective banking supervision

Retrieved on: 
Wednesday, January 3, 2024
People, Lehman Brothers, Risk, Regulation (European Union), DNA, Reproduction, Silicon Valley Bank, European Court, Intention, Communication, Risk management, Review, SVB, OJ, Federal Reserve, Materiality, Regulation, Frankfurt, Prudential, Board of directors, Speech, Benchmarking, Supervisory board, Safety, Climate, Aggregation, Central bank, IMF, Justice, Civil service commission, European Central Bank, International Monetary Fund, Silicon, Time, Treaty, Federal, ECB, Credit Suisse, Policy, European Commission, Eye, Compliance, Evaluation, SSM, Audit, BCBS, Observation, Bank

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

Shearman & Sterling Releases its Annual Corporate Governance & Executive Compensation Survey Highlighting Key Trends and Regulatory Developments

Retrieved on: 
Thursday, December 7, 2023
Computer security, Shearman, Face, Woman, Research, Risk management, First Republic Bank, Disclosure, Artificial intelligence, Gender, Shearman & Sterling, AI, Signature Bank, Broad, Silicon Valley Bank, Climate change, Risk, Thought, Silicon, Corporate governance, SVB

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey.

Key Points: 
  • NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey.
  • Now in its 21st edition, the survey provides a review of key corporate governance trends, along with a comprehensive examination of the corporate governance and executive compensation practices of 100 of the largest U.S. public companies.
  • The annual survey tracks the impact of changing practices, trends and regulatory developments on key areas of corporate governance and executive compensation.
  • Given the breadth of data collected by the survey, the report can serve as a benchmark for public company directors and executives to assess their governance practices.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline – PACW

Retrieved on: 
Monday, November 13, 2023
Defendant, Sale, Ext, PacWest Bancorp, Pressure, Safety, Banc of California, Silicon Valley Bank, LLP, PWB, Action Replay, Pomerantz, Investment, Bank holding company, Complaint, Signature Bank, Report, First Republic Bank, Treasury, Federal, District court, FDIC, Person, Silvergate Bank, Form 10-Q, Banq, Silvergate, Court, Fed, PacWest, News, Prior, SVB, Bank, Cryptocurrency, Security (finance), Bloomberg

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.

Key Points: 
  • NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • PacWest operates as a holding company for its wholly-owned subsidiary, Pacific Western Bank (“PWB”), a regional bank based in Los Angeles, California.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

The Forest Road Company Hires Seasoned Life Sciences Investor Bill Burkoth

Retrieved on: 
Tuesday, November 28, 2023
Science, Other Science, Research, General Health, Health, Banking, Professional Services, Business, Investment, Silicon, Growth, Health care, SVB, Partnership

The Forest Road Company (Forest Road) announced today that Bill Burkoth has joined the firm’s asset management business as Managing Partner of Life Sciences.

Key Points: 
  • The Forest Road Company (Forest Road) announced today that Bill Burkoth has joined the firm’s asset management business as Managing Partner of Life Sciences.
  • Mr. Burkoth brings a wealth of expertise to this new venture, with over 20 years of life science venture capital investing and startup experience.
  • Prior to joining Forest Road, Mr. Burkoth served as the Life Science and Healthcare Managing Partner at SVB Capital within Silicon Valley Bank.
  • Zachary Tarica, CEO of Forest Road, said: “We are thrilled to have Bill join our team as we expand into the life sciences sector and believe he will significantly contribute to the long-term growth of the firm.