Macquarie Group

TEAMSTERS AT GREENWASTE OF PALO ALTO RATIFY FIRST CONTRACT

Retrieved on: 
Wednesday, February 28, 2024
MAM, Chartered, International Brotherhood of Teamsters, Macquarie Group, Mechanics, Municipal solid waste, Recycling, Local, Public sector, Human, Macquarie, Insurance

PALO ALTO, Calif., Feb. 28, 2024 /PRNewswire/ -- Over 40 drivers and mechanics at GreenWaste of Palo Alto have overwhelmingly ratified their first collective bargaining agreement by a 97 percent margin. The new four-year contract empowers workers at GreenWaste by giving them a voice on the job, a substantial wage increase, and enhanced benefits, notably a defined benefit pension plan.

Key Points: 
  • "I want to congratulate these workers for standing strong and securing a lucrative first contract," said John Bouchard, Secretary-Treasurer of Local 350.
  • "I also want to thank our allies in the California State Legislature and the Palo Alto City Council for advocating for these workers throughout this process."
  • Macquarie Asset Management (MAM) is the majority owner of GreenWaste of Palo Alto.
  • "We're grateful to have been able to secure such a strong first contract for our members at GreenWaste," said Robert Sandoval, President of Local 350.

Amundi US Announces Portfolio Management Changes for Pioneer Municipal Closed-End Funds

Retrieved on: 
Thursday, February 15, 2024
Banking, Asset Management, Professional Services, Finance, Pioneer, MAV, MHI, Macquarie Group, Security (finance)

Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.

Key Points: 
  • Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.
  • Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
    Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
    Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)
    Effective February 28, 2024, the following individuals are responsible for the day-to-day management of the Funds.
  • Jake joined Amundi US in February 2024 as Managing Director, Director of Municipals, and Portfolio Manager.
  • Previously, Jake was Managing Director and Senior Portfolio Manager at Macquarie Investment Management, which he joined in 2004.

Hut 8 completes transaction to acquire four power generation facilities totaling 310 MW in partnership with Macquarie

Retrieved on: 
Thursday, February 15, 2024
TSX, Transaction, Macquarie Group, Hut 8, Hut, Partnership, Cryptocurrency

“We have developed a deep partnership with Macquarie throughout this process and are actively working with them on a plan to generate a return on our ownership interest in these assets in the near term,” said Hut 8 CEO Asher Genoot.

Key Points: 
  • “We have developed a deep partnership with Macquarie throughout this process and are actively working with them on a plan to generate a return on our ownership interest in these assets in the near term,” said Hut 8 CEO Asher Genoot.
  • With the completion of the Transaction, Macquarie has entered into a new secured funding arrangement with Far North in the form of an operating lease facility.
  • In addition, Macquarie now holds a minority equity interest of approximately 20% in Far North, and Hut 8, indirectly, is the majority owner and holds an approximately 80% interest.
  • The completion of the Transaction has also resulted in the full and final resolution of all litigation claims and counterclaims made between Hut 8 and certain Validus Power Corp. entities.

Barchart Announces Strategic Updates to Its Executive Leadership Team

Retrieved on: 
Tuesday, February 13, 2024
Intel, Marketing, Risk management, Ward, Communication, Ecosystem, JPMorgan Chase, Head, Software, Macquarie Group

CHICAGO, Feb. 13, 2024 /PRNewswire/ -- Barchart, a leading provider of market data and technology solutions to the global financial, media, and commodity industries, is pleased to introduce key updates and promotions to its executive leadership team.

Key Points: 
  • CHICAGO, Feb. 13, 2024 /PRNewswire/ -- Barchart, a leading provider of market data and technology solutions to the global financial, media, and commodity industries, is pleased to introduce key updates and promotions to its executive leadership team.
  • "It is exciting to start off the year with these significant updates.
  • We are excited to welcome Andrew to Barchart to lead our commodity sales team in providing market intel, trading and risk management solutions to agribusinesses," said Barchart CEO Mark Haraburda.
  • "And, to name Mike, Chris and Colleen to new executive positions is rewarding for them professionally, well-deserved and great for Barchart.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

Retrieved on: 
Monday, February 12, 2024
Professional Services, Finance, Acquisition, Natural Resources, MAM, Internal Revenue Code, Hamas, New York Stock Exchange, Investment, AIB (NI), Macquarie Group, NAV, Terrorism, FTP, Federal Reserve, Federal Energy Regulatory Commission, MFD, ERISA, Risk, European, Federal, Central bank, COVID-19, Judgement, European Central Bank, Fund, MLP, FINRA, Weather, Policy, Uncertainty, Capital gain, FTA, Adviser, Debt-to-GDP ratio, FERC, Infection, Security (finance)

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.

Key Points: 
  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • The Fund principally invests in a global portfolio of infrastructure stocks in a range of currencies and senior secured loans.

Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets

Retrieved on: 
Tuesday, February 6, 2024
Growth, Market, Risk management, Manulife, Agriculture, History, Macquarie Group, Retirement, Real estate, BlackRock, Insurance, Infrastructure, Woman

TORONTO, Feb. 6, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM), the global asset manager serving 17 million investors, today has announced Anne Valentine Andrews will join the firm on March 4 as Global Head of Private Markets.

Key Points: 
  • TORONTO, Feb. 6, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM), the global asset manager serving 17 million investors, today has announced Anne Valentine Andrews will join the firm on March 4 as Global Head of Private Markets.
  • With more than 25 years of asset management and alternatives experience, Ms. Valentine Andrews will lead all investment teams and direct the overall strategy, business development and growth of Manulife IM's private markets business.
  • At BlackRock, Ms. Valentine Andrews served on its Global Operating Committee, Human Capital Committee, and the Equity Private Markets Executive Committee.
  • "I'm delighted to join Manulife Investment Management to lead private markets globally," said Ms. Valentine Andrews.

Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets

Retrieved on: 
Tuesday, February 6, 2024
Growth, Market, Risk management, Manulife, Agriculture, History, Macquarie Group, Retirement, Real estate, BlackRock, Insurance, Infrastructure, Woman

TORONTO, Feb. 6, 2024  /PRNewswire/ -- Manulife Investment Management (Manulife IM), the global asset manager serving 17 million investors, today has announced Anne Valentine Andrews will join the firm on March 4 as Global Head of Private Markets. 

Key Points: 
  • TORONTO, Feb. 6, 2024 /PRNewswire/ -- Manulife Investment Management (Manulife IM), the global asset manager serving 17 million investors, today has announced Anne Valentine Andrews will join the firm on March 4 as Global Head of Private Markets.
  • With more than 25 years of asset management and alternatives experience, Ms. Valentine Andrews will lead all investment teams and direct the overall strategy, business development and growth of Manulife IM's private markets business.
  • At BlackRock, Ms. Valentine Andrews served on its Global Operating Committee, Human Capital Committee, and the Equity Private Markets Executive Committee.
  • "I'm delighted to join Manulife Investment Management to lead private markets globally," said Ms. Valentine Andrews.

TowerBrook Capital Partners to acquire IT Services Provider CBTS from altafiber

Retrieved on: 
Tuesday, February 6, 2024
Data Management, Technology, Other Construction & Property, VoIP, Mobile, Wireless, Construction & Property, Building Systems, Urban Planning, Carriers and Services, Security, Utilities, Audio, Video, Energy, Finance, Professional Services, IOT (Internet of Things), Other Technology, Telecommunications, Web3, Networks, Internet, Hardware, Cloud, TowerBrook Capital Partners, History, News, Economic development, IT service management, Partner, Cravath, Swaine & Moore, Employment, Acquisition, Education, Sidley Austin, LLP, Macquarie Group, Organization

altafiber, provider of integrated communications solutions over its fiber-optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London-based international investment firm, today announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber.

Key Points: 
  • altafiber, provider of integrated communications solutions over its fiber-optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London-based international investment firm, today announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber.
  • Founded in 1994 and based in Cincinnati, Ohio, CBTS is a provider of IT services and solutions focused on enterprise and upper middle market customers.
  • TowerBrook Capital Partners will provide the necessary investment capital to accelerate CBTS’ growth objectives,” said Leigh Fox, President and CEO of altafiber.
  • Cravath, Swaine & Moore LLP acted as legal advisor to altafiber and Sidley Austin LLP acted as legal advisor to TowerBrook.

CIB invests in new domestic passenger terminal at Montreal Metropolitan Airport

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Growth, Transport, Québécois people, Greater, Embraer E-Jet E2 family, Government, News, Porter Airlines, Economic development, Embraer, Investment, Dash, EV, MET, City, CIB, Canada Infrastructure Bank, Macquarie Group, Aircraft, Airport, Airline

CIB reached financial close on a $90 million investment towards a new domestic commercial passenger terminal at MET – Montreal Metropolitan Airport.

Key Points: 
  • CIB reached financial close on a $90 million investment towards a new domestic commercial passenger terminal at MET – Montreal Metropolitan Airport.
  • LONGUEUIL, QC, Feb. 6, 2024 /CNW/ - The Canada Infrastructure Bank (CIB) is investing $90 million in the new domestic passenger terminal at MET – Montreal Metropolitan Airport (YHU), formerly known as the Saint-Hubert Airport.
  • The terminal development project is a partnership between Macquarie Asset Management and Porter Aviation Holdings Inc.
    Canada Infrastructure Bank (CIB) is investing $90 million in the new domestic passenger terminal at MET.
  • The CIB's $90 million loan towards a new domestic passenger terminal at the Montreal Metropolitan Airport will support the Greater Montréal Region's continued economic expansion.

ETS Expands Focus on Workforce Skills Sector with the Acquisition of PSI

Retrieved on: 
Monday, January 29, 2024
Learning, Macquarie Group, Research, Licensure, LLP, Partnership, Science, Kirkland & Ellis, Credentialing, LLH, PSI, Sevak, Workforce, Organization, Education, ETS, Certification, Nursing

PRINCETON, N.J. and OLATHE, Kan., Jan. 29, 2024 /PRNewswire/ -- In a deal that closed January 25, 2024, ETS acquired PSI. This partnership brings together the long-standing expertise of ETS, the world's largest private educational measurement organization, with PSI's global leadership in test development and delivery across workforce certification and licensure. As employers and governments around the world face the critical need to upskill their people for the future of work, ETS and PSI are joining forces to create a robust end-to-end suite of products and services leveraging unparalleled measurement science and proven expertise in workforce skills testing and development.  

Key Points: 
  • PRINCETON, N.J. and OLATHE, Kan., Jan. 29, 2024 /PRNewswire/ -- In a deal that closed January 25, 2024, ETS acquired PSI.
  • These two organizations are poised to drive the progress of educational and workforce skills assessment by harnessing cutting-edge technology and unmatched research and development capabilities.
  • Together, ETS and PSI stand ready to reshape and enhance the evaluation of human capabilities on a global scale.
  • Macquarie Capital acted as financial advisor and Kirkland & Ellis LLP as legal advisor to LLH, PSI and Waud Capital.