Deutsche Bank

Trax Secures $50 Million in Funding to Revolutionize AI-Driven Merchandising and Image Recognition for Retail

Retrieved on: 
Wednesday, November 8, 2023

BOSTON, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Trax, the leading global provider of image recognition solutions transforming brick-and-mortar retail, today announces the completion of a $50 million venture debt investment from Deutsche Bank Private Credit & Infrastructure.

Key Points: 
  • BOSTON, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Trax , the leading global provider of image recognition solutions transforming brick-and-mortar retail, today announces the completion of a $50 million venture debt investment from Deutsche Bank Private Credit & Infrastructure.
  • This funding accelerates Trax's investment in Signal-Based Merchandising, a dynamic new solution leveraging Trax's computer vision, shopper audience and crowd merchandising scale to drive higher ROI for brands and retailers on their investment in retail execution.
  • Across its range of capabilities, Trax serves 32 of the top 50 CPG brands around the world on improving retail execution.
  • "We are thrilled to partner with Deutsche Bank, one of the leading global banks," shared Justin Behar, CEO of Trax.

Marathon Capital Launches Equity Research

Retrieved on: 
Tuesday, November 7, 2023

Marathon Capital, LLC (“Marathon Capital”), a leading financial advisory and investment banking firm to the clean economy, today announced the launch of its Equity Research Group with the addition of Alex Kania, as Lead Analyst.

Key Points: 
  • Marathon Capital, LLC (“Marathon Capital”), a leading financial advisory and investment banking firm to the clean economy, today announced the launch of its Equity Research Group with the addition of Alex Kania, as Lead Analyst.
  • Equity research complements Marathon Capital’s growing Equity Capital Markets business launched in 2022.
  • We’re excited to launch our equity research product over the coming months, and we are pleased to welcome Alex and Chandni to the team,” said Ted Brandt, Chief Executive Officer of Marathon Capital.
  • Alex brings more than twenty years of equity research experience to Marathon Capital.

Valley National Bank Strengthens Syndications Capabilities with the Hire of Robert Danziger as Head of Syndications

Retrieved on: 
Tuesday, November 7, 2023

Valley National Bank , the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today it has hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business.

Key Points: 
  • Valley National Bank , the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today it has hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business.
  • Based both in New York and at Valley’s headquarters in Morristown, NJ, Danziger’s responsibilities include augmenting the Bank’s existing capabilities with clients throughout Valley’s territories including New Jersey, New York, Florida, Illinois, and California.
  • Prior to joining Valley, Danziger served as a Senior Managing Director in Debt Capital Markets at MUFG Securities Americas Inc. His responsibilities included arrangement, structuring, origination, and distribution of Investment Grade Bond and Loan transactions within the U.S. and was head of Latin American Loan Syndications.
  • Danziger previously worked at Deutsche Bank Securities where he served as Head of Investment Grade Loan Capital Markets for the Americas as well as Citi/Salomon Smith Barney and Chemical Bank.

Aquila Air Capital Closes $100 Million Financing

Retrieved on: 
Tuesday, November 7, 2023

Aquila Air Capital (“Aquila”), a leading lessor focused on end-of-life solutions, announced today the successful closing of a $100 million financing.

Key Points: 
  • Aquila Air Capital (“Aquila”), a leading lessor focused on end-of-life solutions, announced today the successful closing of a $100 million financing.
  • The financing is aimed at increasing Aquila’s ability to deliver bespoke lease solutions for passenger and cargo operators across the globe.
  • It will enable us to further our mission of being a trusted partner to all players in the value chain, from buyers and sellers of aircraft assets to operators,” said Al Wood, Aquila Air Capital’s Chief Executive Officer.
  • Deutsche Bank acted as Sole Structuring Agent and Underwriter for the financing.

HiLabs Grows Product Delivery Leadership With Sumeet Seth and Harsh Vardhan

Retrieved on: 
Tuesday, November 7, 2023

BETHESDA, Md., Nov. 7, 2023 /PRNewswire/ -- HiLabs, maker of the healthcare data AI engine MCheck, announced it has added two leadership positions to its Product Delivery team. Sumeet Seth joins as SVP and Head of Product Delivery, along with Harsh Vardhan as VP of Product Delivery.  

Key Points: 
  • BETHESDA, Md., Nov. 7, 2023 /PRNewswire/ -- HiLabs, maker of the healthcare data AI engine MCheck, announced it has added two leadership positions to its Product Delivery team.
  • Sumeet Seth joins as SVP and Head of Product Delivery, along with Harsh Vardhan as VP of Product Delivery.
  • "I am delighted to welcome Sumeet and Harsh as HiLabs enters a period of rapid growth and ahead of new product innovations on the horizon.
  • Sumeet brings over 20 years of expertise in managing product strategy in technology-driven healthcare and finance firms to his new role at HiLabs.

MPOWER Financing Crosses $300 Million in Financing Capacity to Support International Students' Education

Retrieved on: 
Tuesday, November 7, 2023

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leading provider of non-cosigned loans to promising students from around the world, today announced that it has closed on debt financing that has propelled the firm's overall lending capacity to over $300 million. Active funding includes commitments from Deutsche Bank, Goldman Sachs, and Värde Partners.

Key Points: 
  • Debt financing from Deutsche Bank, Goldman Sachs, and Värde Partners fuel MPOWER's growing international student loan portfolio.
  • WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leading provider of non-cosigned loans to promising students from around the world, today announced that it has closed on debt financing that has propelled the firm's overall lending capacity to over $300 million.
  • Last year, both the U.S. and Canada reached record levels of enrollment for new international students.
  • "The portfolio also provides for natural diversification, as MPOWER supports students from around the world, and offers returns that are uncorrelated with traditional asset classes."

International companies to host live webcasts at Deutsche Bank’s Depositary Receipts Virtual Investor Conference on November 8th and 9th, 2023

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Wednesday, November 8 and Thursday, November 9, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.

Key Points: 
  • NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Wednesday, November 8 and Thursday, November 9, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.
  • The conference is targeted to all categories of investors and analysts interested in non-US companies.
  • There is no fee for participants to log in, attend live presentations and/or ask questions.
  • Deutsche Bank is sponsoring the Deutsche Bank Depositary Receipt Investor Conference solely for informational purposes.

International companies to host live webcasts at Deutsche Bank’s Depositary Receipts

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Wednesday, November 8 and Thursday, November 9, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.

Key Points: 
  • NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Wednesday, November 8 and Thursday, November 9, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.
  • There is no fee for participants to log in, attend live presentations and/or ask questions.
  • Deutsche Bank is sponsoring the Deutsche Bank Depositary Receipt Investor Conference solely for informational purposes.
  • No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank.

Spero Therapeutics Appoints Esther Rajavelu as Chief Financial Officer and Chief Business Officer

Retrieved on: 
Wednesday, November 1, 2023

CAMBRIDGE, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq: SPRO), a multi-asset clinical-stage biopharmaceutical company, focused on identifying, developing, and commercializing treatments in high unmet need areas involving rare diseases and multi-drug resistant (MDR) bacterial infections, today announced the appointment of Esther Rajavelu as Chief Financial Officer and Chief Business Officer.

Key Points: 
  • CAMBRIDGE, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq: SPRO), a multi-asset clinical-stage biopharmaceutical company, focused on identifying, developing, and commercializing treatments in high unmet need areas involving rare diseases and multi-drug resistant (MDR) bacterial infections, today announced the appointment of Esther Rajavelu as Chief Financial Officer and Chief Business Officer.
  • Ms. Rajavelu will succeed Stephen DiPalma, who has served as the company’s Interim CFO since August 1, 2023.
  • Esther brings a proven track record in corporate finance, from both industry and Wall Street, bringing expertise in life science growth strategies, investor relations, financing, and M&A,” said Sath Shukla, Spero’s Chief Executive Officer.
  • Ms. Rajavelu will formally assume the role of Principal Financial Officer on the day after the filing of such Form 10-Q.

Capital Southwest Announces Financial Results for Second Fiscal Quarter Ended September 30, 2023 and Announces Increase in Total Dividends to $0.63 per share for the Quarter Ended December 31, 2023

Retrieved on: 
Monday, October 30, 2023

For the quarter ended September 30, 2023, Capital Southwest reported total investment income of $42.8 million, compared to $40.4 million in the prior quarter.

Key Points: 
  • For the quarter ended September 30, 2023, Capital Southwest reported total investment income of $42.8 million, compared to $40.4 million in the prior quarter.
  • For the quarter ended September 30, 2023, total operating expenses (excluding interest expense) were $5.9 million, compared to $5.7 million in the prior quarter.
  • For the quarter ended September 30, 2023, interest expense was $10.5 million as compared to $9.7 million in the prior quarter.
  • For the quarter ended September 30, 2023, total pre-tax net investment income was $26.4 million, compared to $25.0 million in the prior quarter.