Portfolio management

EJF Capital Hires John Murray and Derrick Preuss as Managing Directors

Retrieved on: 
Wednesday, April 3, 2024
Asset Management, Professional Services, Business, Finance, Entrepreneurship, Georgetown University, Merrill (company), EJF, Executive officer, Business development, Capital, University, Portfolio management, Morgan Stanley, Partner, Arlington Asset Investment, Security (finance)

EJF Capital LLC (“EJF”), a global alternative asset management firm, today announced that John W. Murray and Derrick G. Preuss have joined the firm as Managing Directors.

Key Points: 
  • EJF Capital LLC (“EJF”), a global alternative asset management firm, today announced that John W. Murray and Derrick G. Preuss have joined the firm as Managing Directors.
  • Mr. Preuss will work on EJF’s Business Development team, where he will be responsible for building relationships with existing and prospective investors.
  • Neal J. Wilson, Co-Founder and Co-Chief Executive Officer of EJF, said, “We are thrilled to welcome John and Derrick to EJF, whose combined decades of financial services expertise will meaningfully enhance our business development and portfolio management capabilities.
  • Mr. Preuss brings nearly two decades of financial services experience and expertise to EJF.

Susan G. Komen® Strengthens Leadership with Strategic Appointments to Board of Directors

Retrieved on: 
Wednesday, March 20, 2024
J. P. Morgan, Entrepreneurship, AIG, General partnership, Bachelor of Arts, Artificial intelligence, Duke University, Chairperson, Research, Harvard Business School, Executive Committee, University, Portfolio management, Bioethics, High-yield debt, Chemistry, Breast cancer, Partner, GoldenTree Asset Management, Sony Pictures, Aignan, AVP, Management

DALLAS, March 20, 2024 /PRNewswire/ -- Susan G. Komen®, the world's leading breast cancer organization, today announced four new global leaders to serve on its Board of Directors. These appointments mark a significant milestone in the organization's continued commitment to advancing breast cancer research, awareness and support. The newly appointed board members bring a wealth of experience and expertise to the organization, further fortifying Komen's mission to end breast cancer forever.

Key Points: 
  • These appointments mark a significant milestone in the organization's continued commitment to advancing breast cancer research, awareness and support.
  • "Komen's new board members join a legacy of passionate individuals who have dedicated themselves to making a difference," said Paula Schneider, president & CEO, Susan G. Komen.
  • Kathy Sutherland, Partner & Chief Executive Officer at GoldenTree Asset Management, brings a wealth of financial acumen and strategic leadership to the board.
  • Additional information on the Board of Directors and individual Board members can be found here: https://www.komen.org/about-komen/our-people/ .

Laconic Announces New Suite of AI/ML & Portfolio Management Capabilities for SADAR™ NCM Platform

Retrieved on: 
Tuesday, February 6, 2024
Carbon, NCM, AOI, Complex, Nationally determined contribution, Data management, Portfolio management, Metadata, Synthetic media, ETF, Favoritism, Paris Agreement, NetZero, Laconic phrase, EDP, Cryptocurrency

CHICAGO, Feb. 6, 2024 /PRNewswire/ -- Laconic Infrastructure Partners Inc. (Laconic), has announced a suite of new capabilities of SADAR™ Natural Capital Monetization (NCM), the world's only trusted data management and interchange platform designed for the carbon market ecosystem. Now, all carbon market participants – developers, originators, regulators, traders, warehousers, end-buyers, and clearing/settlement providers – have access to contextually appropriate aggregated and harmonized carbon data tailored to their individual use cases.

Key Points: 
  • CHICAGO, Feb. 6, 2024 /PRNewswire/ -- Laconic Infrastructure Partners Inc. ( Laconic ), has announced a suite of new capabilities of SADAR™ Natural Capital Monetization (NCM) , the world's only trusted data management and interchange platform designed for the carbon market ecosystem.
  • SADAR™'s new feature suite is designed to further integrate carbon-specific data flows into global capital markets participants' existing business processes.
  • This allows regulated financial institutions to leverage their core competencies to drive large-scale capital market flows and enhance profitability.
  • Only via SADAR™ NCM can institutional-scale origination and trading of carbon be realized, and with it, NetZero."

StepStone Group Announces 2024 Partner and Managing Director Promotions

Retrieved on: 
Thursday, February 1, 2024
Portfolio management, Consumer, Wealth, Private equity, Venture capital, NeXT, Pension fund

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has named 8 new partners and 18 new managing directors.

Key Points: 
  • NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has named 8 new partners and 18 new managing directors.
  • Congratulations to all.”
    David Allen joined StepStone in 2021 and is based in Dublin.
  • He is CEO of StepStone’s EU Alternative Investment Fund Manager (AIFM) and a member of the Private Debt team.
  • Lisa Larsson joined StepStone in 2017 and is based in New York.

Sucden Group Selects ICE to Support OTC Derivatives Pricing, Trading and Risk Management

Retrieved on: 
Wednesday, January 31, 2024
Professional Services, Data Management, Data Analytics, Technology, Software, Finance, Fintech, Portfolio management, Intercontinental Exchange, Intercontinental, OTC, Derivative, Risk management, ICE, Vanilla

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Sucden Group ( Sucden ), a leading soft commodities trading firm, has selected ICE’s Portfolio Analytics platform to support pricing, trading and risk management of derivatives products.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Sucden Group ( Sucden ), a leading soft commodities trading firm, has selected ICE’s Portfolio Analytics platform to support pricing, trading and risk management of derivatives products.
  • As Sucden continues to expand its global trading and investment activities, it will use ICE Portfolio Analytics to support its real-time pricing, trading and risk management of derivatives.
  • ICE Portfolio Analytics is a hosted solution, all of the computational processes are handled by ICE and the resulting data is delivered directly to the customer.
  • ICE’s platform will assist in pre-trade price discovery, decision support tools, risk management and analytics across a wide range of asset classes and instruments.

Sealy & Company Announces the Promotion of Mr. Eric D. Marx to Chief Operating Officer

Retrieved on: 
Thursday, January 25, 2024
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, News, Portfolio management, Growth

Sealy & Company is pleased to announce the promotion of Eric D. Marx to Chief Operating Officer (COO).

Key Points: 
  • Sealy & Company is pleased to announce the promotion of Eric D. Marx to Chief Operating Officer (COO).
  • Mr. Marx has been serving as the Company’s Executive Vice President of Portfolio Management.
  • I look forward to his ongoing contributions in his elevated role,” said Scott P. Sealy, Chairman of Sealy & Company.
  • “I am honored and excited to have this opportunity to expand my role at Sealy & Company - a Company whose values I share and whose team I immensely respect,” said Marx.

GATX Corporation Reports 2023 Fourth-Quarter and Full-Year Results

Retrieved on: 
Tuesday, January 23, 2024
Rail, Air, Transport, Other Transport, Portfolio management, Environment, Investment, Travel, GATX, LPI, GRE, Airline

The 2023 fourth-quarter results include a net positive impact from Tax Adjustments and Other Items of $0.07 per diluted share.

Key Points: 
  • The 2023 fourth-quarter results include a net positive impact from Tax Adjustments and Other Items of $0.07 per diluted share.
  • The 2023 full-year results include a net positive impact from Tax Adjustments and Other Items of $0.05 per diluted share.
  • Increased earnings from GATX Engine Leasing, the Company’s wholly owned engine portfolio, also contributed to higher segment profit in 2023.
  • GATX Corporation will host a teleconference to discuss 2023 fourth-quarter and full-year results.

The UEP Group Launched to Pursue Nationwide Growth in Commercial Heating, Cooling, and Venting Industries

Retrieved on: 
Tuesday, January 16, 2024
Risk management, UEP, Partnership, Portfolio management, Marketing

CROFTON, Md., Jan. 16, 2024 /PRNewswire/ -- The UEP Group, a portfolio of commercial heating, cooling, and venting companies, is proud to announce its formation to lead its nationwide expansion from two Mid-Atlantic-based heating, cooling, and venting solutions companies into a national company. The leadership team recognized a unique opportunity to build a portfolio of like-minded, industry-leading firms looking to reach their full potential and is actively looking for expansion opportunities. 

Key Points: 
  • Plans Acquisition and Launch of Growth-Minded Commercial Heating, Cooling, and Venting Companies
    CROFTON, Md., Jan. 16, 2024 /PRNewswire/ -- The UEP Group , a portfolio of commercial heating, cooling, and venting companies, is proud to announce its formation to lead its nationwide expansion from two Mid-Atlantic-based heating, cooling, and venting solutions companies into a national company.
  • The leadership team recognized a unique opportunity to build a portfolio of like-minded, industry-leading firms looking to reach their full potential and is actively looking for expansion opportunities.
  • Today the reach of The UEP Group extends nationwide, from California to Florida, and includes industry leaders in marketing, selling, and delivering best-in-class commercial heating, cooling, and venting solutions.
  • Currently united under The UEP Group are the following five market-leading companies: UEP , Chimney Works , Pacific Venting Solutions , Atlantic Venting Solutions , and Lone Star Venting Solutions .

Angel Oak Capital Advisors Names Namit Sinha as Chief Investment Officer

Retrieved on: 
Friday, January 12, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, ETF, CARY, CFA, RMBS, Portfolio management, Angel Oak, CIO, Growth, Namets!

Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.

Key Points: 
  • Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.
  • Mr. Sinha has served as the Chief Investment Officer of the firm’s private strategies division since February 2020 and has more than 20 years of experience in fixed income products, specifically mortgage and structured credit.
  • “Namit will serve as an excellent CIO for Angel Oak Capital Advisors and brings valuable insight from the private strategies side that will be instrumental in leading the full investment management team and charting the investment landscape for 2024 and beyond,” said Prabhu.
  • “We’re extremely appreciative of Sam’s and Colin’s dedication to growing Angel Oak for more than a decade, as they’ve helped turn Angel Oak into a global leader in structured credit solutions,” said Prabhu.

Ten Oaks Group Announces New Leadership Promotions

Retrieved on: 
Friday, January 12, 2024
General counsel, Partner, Operating partner, Portfolio management, Acquisition, Partner (business rank), Growth, Management

Curtis Griner has served Ten Oaks Group as General Counsel for the past three years, during which he has demonstrated exceptional legal acumen, visionary strategic ability, and outstanding leadership skills.

Key Points: 
  • Curtis Griner has served Ten Oaks Group as General Counsel for the past three years, during which he has demonstrated exceptional legal acumen, visionary strategic ability, and outstanding leadership skills.
  • Kendall Thurlow, who joined Ten Oaks Group as Operating Partner two years ago, has exemplified outstanding leadership, innovation, and dedication during her tenure with the firm.
  • Their promotions to Executive Operating Partners are a testament to their valuable contributions and dedication to Ten Oaks Group.
  • These promotions coincide with an exciting period for Ten Oaks Group as it continues to strengthen its solution-oriented approach in the carve-out industry and expand its global presence.