TRG

The Rohatyn Group Appoints Rajeev Kalra as Partner

Retrieved on: 
Tuesday, January 3, 2023

The Rohatyn Group (“TRG”), an asset management firm with expertise in emerging markets and real assets, announced today that it is appointing Rajeev Kalra as Partner.

Key Points: 
  • The Rohatyn Group (“TRG”), an asset management firm with expertise in emerging markets and real assets, announced today that it is appointing Rajeev Kalra as Partner.
  • Mr. Kalra joined the firm following the acquisition of Citi Venture Capital International (“CVCI”) in 2013.
  • Mr. Kalra has over 26 years of private equity experience and 30 years of total experience in financial services.
  • Thereafter, Mr. Kalra worked with AIF Capital, an Asian private equity fund manager, as a Managing Director up to 2010.

LE MERIDIEN AND ELEMENT SALT LAKE CITY DOWNTOWN TO OPEN MID-JANUARY 2023

Retrieved on: 
Thursday, December 15, 2022

SALT LAKE CITY, Dec. 15, 2022 /PRNewswire/ -- The Ritchie Group and Garn Development, Utah-based commercial real estate development companies, announce that Le Méridien Salt Lake City Downtown and Element Salt Lake City Downtown will open mid-January 2023. This is the first dual-pad property in Salt Lake City, as well as the first Le Méridien and Element combination of Marriott brands. Additionally, this is the first Le Méridien in the state of Utah and the first hotel with a full-scale rooftop bar in the market. Salt Lake City's newest property is managed by Azul Hospitality Group, a San Diego-based hospitality management platform that provides an innovative approach to maximizing performance.

Key Points: 
  • SALT LAKE CITY, Dec. 15, 2022 /PRNewswire/ -- The Ritchie Group and Garn Development , Utah-based commercial real estate development companies, announce that Le Mridien Salt Lake City Downtown and Element Salt Lake City Downtown will open mid-January 2023.
  • Le Mridien Salt Lake City Downtown is located at 131 South 300 West, Salt Lake City, Utah and Element Salt Lake City Downtown is located at 145 South 300 West, Salt Lake City, Utah.
  • Opening rates start at $219 for Le Meridien Salt Lake City Downtown and $189 for Element Salt Lake City Downtown.
  • Le Mridienand Element Salt Lake City Downtown is a dual-pad property in Downtown Salt Lake City.

TRG Announces Expansion of Canadian Operations at New Toronto Location

Retrieved on: 
Wednesday, December 7, 2022

TRG, a global managed solutions provider focused on enterprise mobility, point of sale and payments, has launched an expansion of its Canadian operations, starting with a move to a vastly larger facility in Torontos Scarborough district.

Key Points: 
  • TRG, a global managed solutions provider focused on enterprise mobility, point of sale and payments, has launched an expansion of its Canadian operations, starting with a move to a vastly larger facility in Torontos Scarborough district.
  • The new location will also include an in-house key encryption facility, giving TRG the ability to provide its P2PE certified secure payment solutions to Canadian retail customers for the very first time.
  • TRG is one of the fastest growing managed service providers in North America and our Canadian customers and employees have been an integral part of our success, said TRG President Sean Kennedy.
  • We're relentless in our drive to find innovative, effective ways to enhance customer operations and challenge conventional thinking along the way.

Title Resources Group Appoints New Board Members

Retrieved on: 
Monday, November 28, 2022

DALLAS, Nov. 28, 2022 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, announced today that they have welcomed three members to their Board of Directors Virginia Suliman, Ilene Topper and Ajay Waghray.

Key Points: 
  • DALLAS, Nov. 28, 2022 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, announced today that they have welcomed three members to their Board of Directors Virginia Suliman, Ilene Topper and Ajay Waghray.
  • Virginia Suliman, Ilene Topper and Ajay Waghray will join existing Board Directors Don Casey, Chief Executive Officer of Anywhere Integrated Services, Matt Kabaker, Co-Head of Private Equity at Centerbridge, Kevin Mahony, Managing Director at Centerbridge, Scott McCall, Chief Executive Officer of Title Resources Group and Alan Colberg, TRG Board Chairman and retired Chief Executive Officer of Assurant.
  • "I'm very pleased to welcome Virginia, Ilene and Ajay to our board," said Alan Colberg, Board Chairman of Title Resources Group.
  • Title Resources Group the underwriter built for the real estate industry is one of the nation's largest title insurance underwriters, according to the American Land Title Association's 2021 market share data.

The Rohatyn Group Expands Into Africa With Acquisition of Ethos Private Equity

Retrieved on: 
Monday, November 21, 2022

“The philosophical and cultural similarities of TRG and Ethos were apparent from the start,” said Nicolas Rohatyn, The Rohatyn Group’s Chief Executive Officer and founder. “We share a belief that multiple thematic cross currents -- such as private credit, renewable energy, digitalization, and agriculture, among others -- will anchor future investment priorities for investors. Our combined firm, with almost $8 billion in AUM, almost 400 institutional LPs, and the ability to offer solutions for de novo investing, as well as ongoing GP consolidations and fund restructurings, will occupy a unique position in our industry.”

Key Points: 
  • The Rohatyn Group (TRG or the Firm), a specialized global asset management firm focused on investment solutions in emerging markets and real assets, has entered into a definitive agreement to acquire Ethos Private Equity (Ethos) a leading alternative asset management firm in Africa.
  • Combining forces with Ethos positions TRG to deliver a larger array of investment solutions to LPs of both firms.
  • The philosophical and cultural similarities of TRG and Ethos were apparent from the start, said Nicolas Rohatyn, The Rohatyn Groups Chief Executive Officer and founder.
  • For more information, please visit www.rohatyngroup.com
    Established in 1984, Ethos is an investment manager in Africa with private equity and mezzanine strategies.

PMCF Advises Two Corrugated Packaging Industry Transactions in Third Quarter 2022

Retrieved on: 
Thursday, November 3, 2022

CHICAGO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- P&M Corporate Finance ("PMCF") is pleased to announce that it has successfully closed two sell-side M&A transactions within the corrugated packaging industry during the third quarter of 2022.

Key Points: 
  • CHICAGO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- P&M Corporate Finance ("PMCF") is pleased to announce that it has successfully closed two sell-side M&A transactions within the corrugated packaging industry during the third quarter of 2022.
  • I am very pleased with the outcome and would highly recommend John and the PMCF team to other corrugated packaging companies considering a transaction."
  • PMCF has been serving the packaging industry for over 20 years and has a long track record of successful transactions involving specialty, niche players across most segments of the industry.
  • PMCF is a trade name for PMCF Advisors, LLC and P&M Corporate Finance, LLC, a FINRA-registered broker-dealer and SIPC member firm.

One-of-A-Kind, Immersive Santa’s Flight Academy Returns to 11 Taubman Shopping Centers this Holiday Season

Retrieved on: 
Wednesday, November 2, 2022

In addition to the 11 shopping centers with Santas Flight Academy, other Taubman malls, including Dolphin Mall (Miami) and International Market Place (Honolulu) are embracing the holiday spirit through photos with Santa and a variety of activities and promotions.

Key Points: 
  • In addition to the 11 shopping centers with Santas Flight Academy, other Taubman malls, including Dolphin Mall (Miami) and International Market Place (Honolulu) are embracing the holiday spirit through photos with Santa and a variety of activities and promotions.
  • Please visit each centers website for more information.
  • About Taubman The Taubman Company LLC is engaged in the management and/or leasing of 26 regional, superregional and outlet malls in the U.S. and Asia.
  • The Taubman Realty Group LLCs (TRG) U.S. properties are among the most productive in the U.S. retail industry.

Schwab Advisor Services Expands Campaign Educating Investors on the Advantages of Working with Independent Advisors

Retrieved on: 
Wednesday, November 2, 2022

Schwab has long championed the RIA model through advertising that profiles actual independent advisors who custody with Schwab.

Key Points: 
  • Schwab has long championed the RIA model through advertising that profiles actual independent advisors who custody with Schwab.
  • As the leading custodian to independent advisors, were proud to dedicate our energy and resources to raise awareness of the independent difference.
  • And even before Schwab completes its integration with Ameritrade, the Independent Difference campaign this year profiles some independent investment advisors that use Ameritrades custody services and has added some Ameritrade firms to the advisor directory.
  • Schwab Advisor Services serves independent investment advisors and includes the custody, trading, and support of Schwab.

 KKR to Acquire Ness Digital Engineering

Retrieved on: 
Thursday, October 27, 2022

KKR, a leading global investment firm, today announced the signing of definitive agreements under which KKR will acquire 100% of Ness Digital Engineering (Ness or the "Company), a global full-lifecycle digital services transformation company, from The Rohatyn Group (TRG).

Key Points: 
  • KKR, a leading global investment firm, today announced the signing of definitive agreements under which KKR will acquire 100% of Ness Digital Engineering (Ness or the "Company), a global full-lifecycle digital services transformation company, from The Rohatyn Group (TRG).
  • The Company offers a wide range of digital practices that include cloud engineering, data and analytics, experience design, intelligence engineering, and salesforce for businesses across sectors.
  • Against this backdrop, KKR believes that Ness is well-positioned for growth, supported by its exceptional, experience-led product engineering heritage.
  • Ness is a full lifecycle digital engineering firm offering digital advisory through scaled engineering services.

Sakon and TRG Screen Announce Strategic Partnership

Retrieved on: 
Wednesday, October 19, 2022

and NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Sakon, a leading provider in Device and Telecom Management, and TRG Screen, the leading provider of Enterprise Subscription Management Solutions, today announced a strategic partnership that affirms each firms deep expertise and industry prominence.

Key Points: 
  • and NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Sakon, a leading provider in Device and Telecom Management, and TRG Screen, the leading provider of Enterprise Subscription Management Solutions, today announced a strategic partnership that affirms each firms deep expertise and industry prominence.
  • The shift toward a changed post-pandemic economic landscape and more hybrid working prompted TRG Screen and Sakon to come together in the pursuit of highly optimized subscriptions.
  • TRG Screens partnership with Sakon is the latest endorsement of our strategic platform approach as the future of enterprise communications, said Andy Goorno, Sakons Chief Executive Officer.
  • As leaders in their respective fields, TRG Screen and Sakon have joined together to offer clients a unique strategic roadmap to optimize and manage the communications and costs associated with accelerating digital transformation.