Overseas Private Investment Corporation

Northern Trust Named Best Private Bank for Family Offices and Succession Planning

Retrieved on: 
Friday, November 10, 2023
Professional Services, Finance, Asset Management, Banking, Personal Finance, Accounting, Woman, Research, Equal housing lender, Overseas Private Investment Corporation, Bank, GFO, Professional Wealth Management, Financial Times, FDIC, Private banking, HarbourVest Global Private Equity, Publication, Succession planning, Financial services, Northern Trust

Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:

Key Points: 
  • Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:
    “Best Private Bank for Family Offices, U.S.”
    “Best Private Bank for Succession Planning, U.S.”
    In addition, Northern Trust was named Highly Commendable for the categories Best Private Bank in the U.S. and Best Private Bank for Wealthy Women, North America.
  • “There were several initiatives from Northern Trust which the judges felt worthy of note,” said Yuri Bender, editor-in-chief of Professional Wealth Management.
  • “Firstly, the role of the Northern Trust Institute in providing research and advice for both advisers and clients is a valuable asset for the business.
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

Wildcat Launches Platform with Corey Weiner to Pursue Managed Services and Digital Transformation Acquisitions

Retrieved on: 
Wednesday, December 6, 2023
Investment, Overseas Private Investment Corporation, Jun Group, Marketing, Tech, Digital, Partnership, IT service management, Growth

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Wildcat Capital Management, a New York-based family office, announced today that it has formed Wink Tech in partnership with Corey Weiner in order to acquire platform companies in the managed IT services and digital transformation industries.

Key Points: 
  • NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Wildcat Capital Management, a New York-based family office, announced today that it has formed Wink Tech in partnership with Corey Weiner in order to acquire platform companies in the managed IT services and digital transformation industries.
  • Wink Tech will pursue acquisitions in the managed IT services and digital transformation sectors, and will target platform companies with loyal customer relationships and differentiated service offerings that can serve as platforms for growth in a fragmented and changing industry landscape.
  • Weiner added, "Wildcat and I have a shared view that now is an attractive time to build a differentiated IT Services platform.
  • Digital transformation is not just a trend but a fundamental shift in business operations while managed IT services are poised to be the backbone of this new era.

NOVOS FiBER to invest $20M+ in Arlington Texas

Retrieved on: 
Thursday, November 16, 2023
Dallas–Fort Worth metroplex, City, FTTH, Investment, ISP, Internet, Overseas Private Investment Corporation, Digital divide, NOVOS, Internet service provider, DFW

DALLAS, Nov. 16, 2023 /PRNewswire/ -- NOVOS FiBER, a fiber-to-the-home (FTTH) and internet service provider (ISP) has recently announced its Dallas-Fort Worth launch in Arlington, Texas. Backed by a sizable amount of funding from InLight Capital, NOVOS FiBER is gearing up to bring high-speed internet to families and small businesses across Texas and beyond.

Key Points: 
  • DALLAS, Nov. 16, 2023 /PRNewswire/ -- NOVOS FiBER, a fiber-to-the-home (FTTH) and internet service provider (ISP) has recently announced its Dallas-Fort Worth launch in Arlington, Texas.
  • Backed by a sizable amount of funding from InLight Capital, NOVOS FiBER is gearing up to bring high-speed internet to families and small businesses across Texas and beyond.
  • NOVOS FiBER, headquartered in Dallas, was founded in 2022 with the objective of addressing the digital divide that remains across many parts of the US.
  • Snead remarked on the landmark project, "we're delighted to be working with the city of Arlington to bring high-speed fiber internet to residents and small businesses.

ZeroNox and Growth for Good Announce PIPE Financing to Support Long-term Growth Strategy

Retrieved on: 
Monday, August 21, 2023
Automotive, Automotive Manufacturing, EV, Electric Vehicles, Technology, Batteries, Manufacturing, Alternative Vehicles, Fuels, Good, Private investment in public equity, Original equipment manufacturer, PIPE, Intelligence, NIO, Formula, Overseas Private Investment Corporation, Acquisition, OEM, Kubota, Heavy equipment, Growth

Investors in the PIPE include Kubota Corporation, Premier Trailer, and Formula-E racing team NIO 333.

Key Points: 
  • Investors in the PIPE include Kubota Corporation, Premier Trailer, and Formula-E racing team NIO 333.
  • In connection with the PIPE financing and related agreements, Growth for Good has postponed the extraordinary general meeting of shareholders originally scheduled for August 23, 2023 to 10:00 a.m. Eastern Time on August 28, 2023.
  • Growth for Good announced this postponement on August 18, 2023 and complete details are available at the link here .
  • Completion of the transaction is subject to approval by Growth for Good’s shareholders and other customary closing conditions.

Delcath Systems, Inc. Announces FDA Approval of HEPZATO KIT™ for the Treatment of Adult Patients with Unresectable Hepatic-Dominant Metastatic Uveal Melanoma

Retrieved on: 
Tuesday, August 15, 2023
Neutropenia, Exercise, REMS, Genotype, US Foods, Radiation, EAP, Private investment in public equity, Liver disease, HLA, Mitigation, PIPE, DCR, RECIST, Delcath Systems, Uveal melanoma, National Comprehensive Cancer Network, Toxicity, Mum, Aplastic anemia, Vaccine, Lung, NCCN, HDS, PHP, Incidence, Overseas Private Investment Corporation, Bleeding, Dor, Patient, Lymph, Microsoft Access, Anemia, Liver, FDA, Melphalan, Liver failure, Death, Thrombocytopenia, ORR, Food, Medical imaging, Dietary supplement, Pharmaceutical industry

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, announced that today the US Food and Drug Administration (FDA) approved HEPZATO KIT (melphalan/Hepatic Delivery System) as a liver-directed treatment for adult patients with metastatic uveal melanoma (mUM) with unresectable hepatic metastases affecting less than 50% of the liver and no extrahepatic disease, or extrahepatic disease limited to the bone, lymph nodes, subcutaneous tissues, or lung that is amenable to resection or radiation.

Key Points: 
  • mUM is a rare and aggressive form of metastatic cancer with a US incidence of approximately 1,000 cases per year.
  • National Comprehensive Cancer Network (NCCN) guidelines recommend liver-directed therapies for mUM patients with liver metastases.
  • HEPZATO KIT is the only liver-directed therapy approved by the FDA for the treatment of mUM and percutaneous hepatic perfusion (PHP), the procedure enabled by HEPZATO KIT, is already included in the NCCN guidelines.
  • "FDA approval of HEPZATO KIT marks the beginning of a new chapter for Delcath and the culmination of the Company's commitment to bring this treatment option to patients suffering from metastatic uveal melanoma," said Gerard Michel, Delcath's Chief Executive Officer.

Rosewood Private Investments Announces Sale of Superior Environmental Solutions

Retrieved on: 
Thursday, August 3, 2023
Professional Services, Recycling, Environment, Other Construction & Property, Finance, Construction & Property, Partnership, HCI Equity Partners, Sale, SES, Overseas Private Investment Corporation, Growth, Transport, RPI, Palladium

Rosewood Private Investments ("RPI") is pleased to announce the successful closing of the sale of its portfolio company, Superior Environmental Solutions ("SES"), to Palladium Equity Partners.

Key Points: 
  • Rosewood Private Investments ("RPI") is pleased to announce the successful closing of the sale of its portfolio company, Superior Environmental Solutions ("SES"), to Palladium Equity Partners.
  • SES provides specialized industrial and environmental services, including emergency response, water- and hydro-blasting, vacuum truck services, sponge blasting, product destruction, recycling and universal-waste management, transportation and waste disposal.
  • The company’s over 500 employees serve from more than 25 locations in Ohio, Indiana, Illinois, Michigan, Wisconsin, Iowa, California, Kentucky, Tennessee, and North Carolina.
  • Our partnership with Palladium represents a transformative milestone as we seek to expand our footprint and suite of services to continue to deliver excellent service to our customer base."

MRE Partners Completes its Investment in Curated Events

Retrieved on: 
Monday, July 17, 2023
Overseas Private Investment Corporation, Growth, Partnership, UMB Financial Corporation, Acquisition, MRE, Management, Digital curation

ANNAPOLIS, Md., July 17, 2023 /PRNewswire-PRWeb/ -- MRE Partners ("MRE") has completed an investment in Curated Events ("Curated" or the "Company"), the premier event service provider in the Eastern US. Curated's mission is to inspire, enhance, and elevate the human need to gather and make those notable occasions unforgettable.

Key Points: 
  • MRE Partners has completed its investment in Curated Events, the premier event service provider in the Eastern US
    ANNAPOLIS, Md., July 17, 2023 /PRNewswire-PRWeb/ -- MRE Partners ("MRE") has completed an investment in Curated Events ("Curated" or the "Company"), the premier event service provider in the Eastern US.
  • Curated has a keen eye for design and aesthetics and is proud to offer the largest and most diverse rental selection in the Southeast.
  • Moving forward, and in partnership with MRE, Curated is looking to execute an aggressive growth plan via organic initiatives and acquisitions.
  • Dubin Clark launched the Curated Events platform in February 2017 and subsequently led the acquisition of eight add-ons to build scale, service offerings, and geographic reach.

Highlights - Presentation of a Study for the Special Committee - Special Committee on the COVID-19 pandemic: lessons learned and recommendations for the future

Retrieved on: 
Tuesday, March 21, 2023
Vaccine, Overseas Private Investment Corporation, Committee, COVID-19, Research and development, R, COVID-19 vaccine, European Parliament, Member, European, Development, EU

Presentation of a Study for the Special Committee

Key Points: 
  • Presentation of a Study for the Special Committee
    On Thursday 23 March, the study on 'Mapping of Long-term Public and Private Investments in the Development of Covid-19 Vaccines', which was commissioned by the COVI Special Committee, will be presented by its authors in the European Parliament.
  • The presentation will provide to Members insights on the mapping of funds contributed by different actors for vaccine Research and Development (R&D) and for the expansion of production capacity of COVID-19 vaccines, with the focus on the EU.
  • The study assesses the necessity for continuing public support to R&D on vaccines highlighting current market failures, possible new incentive mechanisms in the public interest for vaccine R&D, designed to grant equity and accessibility, as well as rewards in line with risks.

Apple Hospitality REIT Appoints Carolyn Handlon to Board of Directors and Announces Date for 2023 Annual Meeting of Shareholders

Retrieved on: 
Friday, March 3, 2023
Commercial Building & Real Estate, Construction & Property, Lodging, Finance, Travel, Professional Services, REIT, Residential Building & Real Estate, Woman, Overseas Private Investment Corporation, Audit committee, Nomination, Glade Knight, Compensated emancipation, National Association, Virginia Tech, Trust, Master of Business Administration, NYSE, Science Applications International Corporation, Economic Club of New York, Business administration, Continental Illinois, State university system, Retirement, Annual general meeting, Hospitality, Marriott International, Courtyard, Management, Shareholder, Indiana University

Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Carolyn Handlon to its Board of Directors (the “Board”), effective March 1, 2023.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Carolyn Handlon to its Board of Directors (the “Board”), effective March 1, 2023.
  • Ms. Handlon will stand for election as a Board-recommended nominee at the Company’s 2023 Annual Meeting of Shareholders.
  • With the addition of Ms. Handlon, the Company’s Board comprises nine directors, three of whom are women directors, which is more than 30% of the Board.
  • “We are delighted to welcome Carolyn to our Board of Directors,” said Glade Knight, Executive Chairman of Apple Hospitality.

John E. Morton Rejoins Pollination From Biden Administration to Lead Firm’s Global Advisory Business

Retrieved on: 
Wednesday, January 18, 2023
Environment, Climate Change, Environmental Policy, Environmental Issues, Consulting, Environmental Health, Professional Services, Public Policy, Government, Sustainability, White House, Federal Government, White House Office of Energy and Climate Change Policy, Partner, Energy, Presidency of Barack Obama, Environmental policy of the Joe Biden administration, Energy policy of the Barack Obama administration, Pollination, Overseas Private Investment Corporation, Department of the Treasury, The Pew Charitable Trusts, Carbon, Climate, Policy, Executive Committee, Nature, Investment, Private sector, Climate change, Renewable energy

John E. Morton has rejoined global climate change investment and advisory firm Pollination as a member of the firm’s Executive Committee and as Managing Director, Global Head of Advisory.

Key Points: 
  • John E. Morton has rejoined global climate change investment and advisory firm Pollination as a member of the firm’s Executive Committee and as Managing Director, Global Head of Advisory.
  • He returns to Pollination after serving for two years as the U.S. Treasury Department and Secretary Janet Yellen’s inaugural Climate Counselor.
  • In this role, he managed and coordinated the Department of Treasury’s historically ambitious climate change strategy and policies.
  • Co-founding Partner and CEO of Pollination Martijn Wilder AM commented: “We’re thrilled that John is returning to Pollination after an immensely productive role in the Biden Administration on climate.