Capital

VUZ REDEFINES ENTERTAINMENT FOR APPLE VISION PRO: THE FUTURE OF IMMERSIVE TECHNOLOGY UNFOLDS

Retrieved on: 
Tuesday, February 6, 2024

By seamlessly integrating VUZ's cutting-edge technology with Apple Vision Pro, users can now embark on a groundbreaking journey into a realm of unparalleled immersive realism.

Key Points: 
  • By seamlessly integrating VUZ's cutting-edge technology with Apple Vision Pro, users can now embark on a groundbreaking journey into a realm of unparalleled immersive realism.
  • VUZ for Apple Vision Pro is groundbreaking and a major global milestone," said VUZ founder, Khaled Zaatarah.
  • "We're not just entering a new chapter of immersive technology; we're rewriting the entire narrative and building the future of media and entertainment.
  • The combination of cutting-edge innovation and immersive content in VUZ for Apple Vision Pro is a seismic shift in how we perceive and engage with entertainment, and will change everything.

Dayforce Named one of America’s Most JUST Companies by JUST Capital and CNBC

Retrieved on: 
Tuesday, February 6, 2024

The ranking, released by JUST Capital along with CNBC, measures how the nation’s largest corporations are performing on issues seen as critically important to the American public.

Key Points: 
  • The ranking, released by JUST Capital along with CNBC, measures how the nation’s largest corporations are performing on issues seen as critically important to the American public.
  • These include supporting workforce training, providing benefits and work-life balance, protecting customer privacy, and combating climate change.
  • The top 100 companies – the JUST 100 – are determined by scoring performance across the full range of criteria.
  • JUST Capital is an independent nonprofit that demonstrates how just business – defined by the priorities of the public – is better business.

Advantage Capital Invests $3 Million in Growing Military Aircraft Part Manufacturer Malone’s CNC Machining, Inc.

Retrieved on: 
Tuesday, February 6, 2024

Advantage Capital, a leading impact investment firm, announced today a $3 million investment in Malone’s CNC Machining, Inc.—a manufacturer of replacement parts and assemblies for United States military aircrafts.

Key Points: 
  • Advantage Capital, a leading impact investment firm, announced today a $3 million investment in Malone’s CNC Machining, Inc.—a manufacturer of replacement parts and assemblies for United States military aircrafts.
  • The company will use the financing to support the purchase of new equipment and address working capital needs.
  • “This financing is critical to support our upward trajectory, and we are excited about the growth potential,” said Derek Martin, President and CEO of Malone’s.
  • “We have operated in Grove for more than 30 years and are proud to provide quality manufacturing jobs to our surrounding community.

Tailwind Capital Sells Loenbro

Retrieved on: 
Tuesday, February 6, 2024

Tailwind Capital (“Tailwind”) has completed the sale of Fund III portfolio company Loenbro, LLC (“Loenbro” or the “Company”), a provider of highly technical, specialized services to the infrastructure, data center, industrial, and energy markets, to Braemont Capital.

Key Points: 
  • Tailwind Capital (“Tailwind”) has completed the sale of Fund III portfolio company Loenbro, LLC (“Loenbro” or the “Company”), a provider of highly technical, specialized services to the infrastructure, data center, industrial, and energy markets, to Braemont Capital.
  • Their technical ability, safety track record and commitment to getting the job done right the first time is unparalleled in the industry,” said Nick Cincotta, Principal at Tailwind Capital.
  • As we enter of our next stage of growth, we are excited to partner with Braemont.”
    Stifel and BlackArch Partners served as financial advisors to Tailwind and Loenbro.
  • Davis Polk & Wardwell LLP served as legal counsel to Tailwind and Loenbro.

ionir and Combatica Announce a Transformative Strategic Partnership to Save Lives and Strengthen Unit Readiness for Special Forces in Light of the Resurgent Terror Threat

Retrieved on: 
Tuesday, February 6, 2024

ionir , a C5 Capital portfolio company, and Combatica, are delighted to announce they have entered into a strategic partnership that will help to save the lives of counter-terrorist forces and the victims of terrorism worldwide.

Key Points: 
  • ionir , a C5 Capital portfolio company, and Combatica, are delighted to announce they have entered into a strategic partnership that will help to save the lives of counter-terrorist forces and the victims of terrorism worldwide.
  • The strategic partnership will allow ionir’s data as a service capability to enhance the speed, scalability and optimisation of Combatica’s virtual training platform.
  • ionir’s cloud-native storage and data management platform for Kubernetes combines high-performance, software-defined storage and data management with data mobility.
  • The new cloud and data services provided by ionir will enable Combatica to simulate any urban environment worldwide, accurately and at scale.

PineBridge Private Credit Closes Oversubscribed Third Direct Lending Fund

Retrieved on: 
Tuesday, February 6, 2024

PineBridge Investments (“PineBridge”), a private, global asset manager focused on active, high-conviction investing, today announced the final close of PineBridge Private Credit III (“Fund III”) as of 30 January 2024, as part of the firm’s lower-middle-market direct lending strategy.

Key Points: 
  • PineBridge Investments (“PineBridge”), a private, global asset manager focused on active, high-conviction investing, today announced the final close of PineBridge Private Credit III (“Fund III”) as of 30 January 2024, as part of the firm’s lower-middle-market direct lending strategy.
  • Led by Jim Fisher (Head of Private Credit), Doug Lyons, Brian Senatore, and Joe Taylor, the Private Credit team has committed $4.5 billion3 of capital to 79 portfolio companies to date, many with long-seasoned private equity sponsor relationships.
  • “We are very excited to have our Private Credit III fundraise cross the finish line oversubscribed, hitting $1.7 billion,” said Jim Fisher, Head of Private Credit at PineBridge Investments.
  • 3 The $4.5 billion of capital includes all private credit investments made for a PineBridge fund / account since inception through 31 January 2024.

Unleashing the Future of Efficient Growth: dataroomHQ Raises $3.5 Million to Transform SaaS Operational Metrics

Retrieved on: 
Tuesday, February 6, 2024

dataroomHQ , which provides the blueprint for efficient growth, today unveiled its AI-powered platform which increases insight into operational metrics for SaaS companies, allowing CEOs, CFOs, and GTM Analytics teams to automate reporting, improve customer retention and other SaaS metrics, prepare for capital raises, and plan for the future.

Key Points: 
  • dataroomHQ , which provides the blueprint for efficient growth, today unveiled its AI-powered platform which increases insight into operational metrics for SaaS companies, allowing CEOs, CFOs, and GTM Analytics teams to automate reporting, improve customer retention and other SaaS metrics, prepare for capital raises, and plan for the future.
  • In recent years, the SaaS sector has evolved from prioritizing rapid growth to focusing on efficient growth, balancing revenue increase with cost reduction.
  • Achieving this requires an understanding of operational and financial metrics and predictive analytics to understand underlying reasons.
  • To combat this, dataroomHQ offers a unified platform for SaaS companies, enabling decision-makers to access and interpret key trends and metrics, along with strategies for optimization.

Healthcare Banking Leader Joins PayGround Board of Directors

Retrieved on: 
Tuesday, February 6, 2024

GILBERT, Ariz., Feb. 6, 2024 /PRNewswire/ -- PayGround, a healthcare fintech payments platform, today announced the addition of Chuck Kim, Executive Vice President and Chief Financial Officer of Commerce Bancshares, Inc., to its Board of Directors. Commerce Bank enjoys a leadership position in healthcare banking, payments and financial solutions. PayGround's Series A lead investor, SixThirty, appointed Kim to assume its board seat, bringing his experience and leadership to PayGround as it enters the next stage of growth.

Key Points: 
  • GILBERT, Ariz., Feb. 6, 2024 /PRNewswire/ -- PayGround , a healthcare fintech payments platform, today announced the addition of Chuck Kim, Executive Vice President and Chief Financial Officer of Commerce Bancshares, Inc., to its Board of Directors.
  • Commerce Bank enjoys a leadership position in healthcare banking, payments and financial solutions.
  • PayGround's Series A lead investor, SixThirty , appointed Kim to assume its board seat, bringing his experience and leadership to PayGround as it enters the next stage of growth.
  • "Chuck brings a tremendous amount of experience in finance, healthcare and consumer markets, which are all essential to PayGround.

Trane Technologies Named to JUST 100, Fortune World’s Most Admired Companies and CDP’s A List

Retrieved on: 
Tuesday, February 6, 2024

Trane Technologies (NYSE:TT), a global climate innovator, has been named to the 2024 JUST 100 and Fortune Magazine’s 2024 list of the World’s Most Admired Companies .

Key Points: 
  • Trane Technologies (NYSE:TT), a global climate innovator, has been named to the 2024 JUST 100 and Fortune Magazine’s 2024 list of the World’s Most Admired Companies .
  • This is the 12th consecutive year that Trane Technologies has been named to Fortune’s World’s Most Admired Companies list.
  • Trane Technologies is one of 346 companies to be recognized with an ‘A’ score for transparency on climate change by CDP – out of over 21,000 companies scored.
  • Broadly acknowledged for its industry-leading transparency, credibility and accountability, Trane Technologies has recently received several additional recognitions for climate action.

I Squared Capital announces expansion of global Investor Relations and Distribution team

Retrieved on: 
Tuesday, February 6, 2024

I Squared Capital, a leading independent global infrastructure investment manager, today announced several senior hires to strengthen its investor relations, distribution and fund capabilities across North America, Europe and Asia.

Key Points: 
  • I Squared Capital, a leading independent global infrastructure investment manager, today announced several senior hires to strengthen its investor relations, distribution and fund capabilities across North America, Europe and Asia.
  • Their joining reflects I Squared’s intention to match its sales and distribution capabilities with the firm’s expanded product suite and long-term ambitions.
  • “I Squared is pleased to announce the addition of these talented and seasoned professionals as we continue to institutionalize our platform for the coming decade and beyond,” said Gautam Bhandari, Co-Founder and Global Chief Investment Officer of I Squared Capital.
  • These additions to I Squared’s investor relations team follow the firm’s earlier announcement that Brian Collett, Managing Director, and Michael Kumar, Senior Policy Adviser, would be joining the firm.