Rothschild

Homer Parkhill Joins Guggenheim Securities Capital Structure Advisory Group

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Homer Parkhill has joined the firm’s Capital Structure Advisory investment banking practice as a Senior Managing Director.

Key Points: 
  • NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Homer Parkhill has joined the firm’s Capital Structure Advisory investment banking practice as a Senior Managing Director.
  • “We are excited to welcome Homer to Guggenheim,” said Mark Van Lith, CEO of Guggenheim Securities.
  • “Homer has a long history of success advising companies, investors, and creditors as they navigate challenging business and balance sheet issues.
  • We look forward to his contributions to our team, as he builds on the recent success in our capital structure advisory franchise, and are confident that he will help accelerate our growth.”
    Mr. Parkhill has more than 25 years of restructuring advisory experience and joins Guggenheim from Rothschild & Co, where he spent the last 22 years, most recently serving as the Global Co-Head of Rothschild’s restructuring advisory practice.

Shenandoah Telecommunications Company to Acquire Horizon Telcom

Retrieved on: 
Wednesday, October 25, 2023

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”).

Key Points: 
  • EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”).
  • Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers.
  • Horizon and Shentel share a similar history and a passion for outstanding local customer service while providing state-of-the-art technologies.
  • 4 Reference price of $19.60 was based on the 30 day average VWAP following time Shentel entered into exclusivity with Horizon.

Ardian innovates with pioneering semiconductor investment platform

Retrieved on: 
Thursday, October 19, 2023

Pioneering private equity investment platform dedicated to the semiconductor industry that will invest across the value chain focusing on Europe, with a unique approach combining Ardian's expertise and world-class semiconductor leaders.

Key Points: 
  • Pioneering private equity investment platform dedicated to the semiconductor industry that will invest across the value chain focusing on Europe, with a unique approach combining Ardian's expertise and world-class semiconductor leaders.
  • PARIS, Oct. 19, 2023 /CNW/ - Ardian , a world-leading private investment house, today announces that it is expanding into semiconductor investment with the launch of Ardian Semiconductor.
  • Ardian Semiconductor will be powered by a detailed analysis of technology megatrends and their implications across the semiconductor value chain.
  • It's therefore the perfect time to launch Ardian Semiconductor, leveraging Europe's leading positions in critical segments of the semiconductor value chain.

Bradley Hunnewell, CFA Joins Boston Trust Walden as a Portfolio Manager

Retrieved on: 
Tuesday, October 10, 2023

BOSTON, Oct. 10, 2023 /PRNewswire/ -- Boston Trust Walden is pleased to announce that Bradley Hunnewell has joined the firm.

Key Points: 
  • BOSTON, Oct. 10, 2023 /PRNewswire/ -- Boston Trust Walden is pleased to announce that Bradley Hunnewell has joined the firm.
  • He will serve as a portfolio manager and securities research analyst on the Small Cap and SMID Cap Equity strategy teams.
  • Mr. Hunnewell previously served as a Director and Portfolio Manager of Small & Mid Cap Equities at Rothschild & Co US Asset Management for three years.
  • "We are thrilled to welcome Brad to Boston Trust Walden," said Chief Investment Officer and co-Chief Executive Officer Stephen Amyouny.

Partners Group exits 731.5 MW Dutch offshore windfarm with sale of final 10% stake

Retrieved on: 
Monday, September 25, 2023

Following completion of the latest stake sale, Partners Group will have fully exited from the original 45% stake it acquired in June 2018.

Key Points: 
  • Following completion of the latest stake sale, Partners Group will have fully exited from the original 45% stake it acquired in June 2018.
  • Partners Group sold a 20% stake to Swiss Life Asset Managers in November 2022 and 15% to funds managed by Nuveen Infrastructure in July 2023.
  • The windfarm benefits from a feed-in premium regime backed by the Dutch government, which provides highly visible, long-term contracted cashflows.
  • David Daum, Managing Director, Co-Head Private Infrastructure Europe, Partners Group, says: "The sale of Partners Group’s remaining stake in Borssele marks the end of our five-year journey with the project.

Renewi plc: Renewi signs €400m Revolving Credit Facility

Retrieved on: 
Friday, August 4, 2023

Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).

Key Points: 
  • Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).
  • The facility size remains unchanged at €400m and is for an initial five-year term to 2028 with two one-year extension options.
  • In addition to the RCF facility, the Group has €305m of fixed rate bonds, EUPPs, and the EIB facility.
  • Adam Richford, Head of Treasury and Investor Relations at Renewi commented: “We are delighted to announce our green sustainability-linked Revolving Credit Facility, as well as the commitment displayed by our existing and new lenders to support Renewi over the next five to seven years.

EQS-News: Aareal Bank refinances prime UK PBSA portfolio in London for Chapter

Retrieved on: 
Tuesday, August 1, 2023

Aareal Bank had previously been participating in the financing of these assets – namely Spitalfields, South Bank, and Aldgate – and is pleased to have now acted as the sole arranger, lender, and security agent in the refinancing of this prime portfolio.

Key Points: 
  • Aareal Bank had previously been participating in the financing of these assets – namely Spitalfields, South Bank, and Aldgate – and is pleased to have now acted as the sole arranger, lender, and security agent in the refinancing of this prime portfolio.
  • Towering over its immediate surroundings at 33 stories high, Chapter Spitalfields is one of the most iconic purpose-built student accommodation (PBSA) assets in London, with South Bank and Aldgate boasting equally excellent conditions and amenities for students.
  • The portfolio totaling 1,747 beds sits in coveted locations within Central London and is operated by Greystar, a leading PBSA operator with approximately 100,000 beds under management globally.
  • The Chapter brand is regarded as one of the premier UK PBSA brands offering high-end exclusive student accommodation.

Alternative Asset Manager HighVista Strategies LLC to Acquire abrdn’s U.S. Private Markets Business

Retrieved on: 
Thursday, July 20, 2023

HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the signing of a definitive agreement to acquire the U.S. private markets business of abrdn Inc. (“abrdn”), abrdn plc’s US subsidiary, including the U.S. private equity and venture capital assets, and the investment and operational teams.

Key Points: 
  • HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the signing of a definitive agreement to acquire the U.S. private markets business of abrdn Inc. (“abrdn”), abrdn plc’s US subsidiary, including the U.S. private equity and venture capital assets, and the investment and operational teams.
  • The senior U.S. private equity team, including John Dickie, Scott Reed, Whit Matthews, Rob Nagle and Ryan Tiffany will continue to manage the U.S. private equity strategy.
  • The acquisition is anticipated to add $4 billion of assets under management and 30 employees to HighVista.
  • “The combination of abrdn’s U.S. private equity and venture capital business with HighVista unites two teams that are culturally and philosophically aligned, especially around our investment approach and pursuit of alpha in inefficient markets,” said André Perold, CIO, co-founder and partner at HighVista Strategies.

Hilco Real Estate Finance Launches Short Term Property Finance to the UK Market

Retrieved on: 
Wednesday, July 19, 2023

NORTHBROOK, Ill., July 19, 2023 /PRNewswire/ -- Hilco Real Estate Finance (HREF), an institutionally backed real estate bridge lender, is bringing flexible, fast, short-term property finance expertise to the marketplace.

Key Points: 
  • NORTHBROOK, Ill., July 19, 2023 /PRNewswire/ -- Hilco Real Estate Finance (HREF), an institutionally backed real estate bridge lender, is bringing flexible, fast, short-term property finance expertise to the marketplace.
  • With extensive experience in property finance, the HREF experts understand that speed, flexibility, and reliability are key to ensuring successful lending, whether the client is looking to finance residential or commercial property.
  • As a partner at Micota Capital, he made real estate backed bridge loans in addition to equity investments in real estate and real estate backed operating businesses.
  • "Growing our successful bridge lending practice into the UK market is a natural next step to expand Hilco Real Estate's business," says Neil Aaronson, CEO of Hilco Real Estate and Chairman of HREF.

Hilco Real Estate Finance Launches Short Term Property Finance to the UK Market

Retrieved on: 
Wednesday, July 19, 2023

NORTHBROOK, Ill., July 19, 2023 /PRNewswire/ -- Hilco Real Estate Finance (HREF), an institutionally backed real estate bridge lender, is bringing flexible, fast, short-term property finance expertise to the marketplace.

Key Points: 
  • NORTHBROOK, Ill., July 19, 2023 /PRNewswire/ -- Hilco Real Estate Finance (HREF), an institutionally backed real estate bridge lender, is bringing flexible, fast, short-term property finance expertise to the marketplace.
  • With extensive experience in property finance, the HREF experts understand that speed, flexibility, and reliability are key to ensuring successful lending, whether the client is looking to finance residential or commercial property.
  • As a partner at Micota Capital, he made real estate backed bridge loans in addition to equity investments in real estate and real estate backed operating businesses.
  • "Growing our successful bridge lending practice into the UK market is a natural next step to expand Hilco Real Estate's business," says Neil Aaronson, CEO of Hilco Real Estate and Chairman of HREF.