Overseas Private Investment Corporation

SAIC Announces Appointment of Two New Board Members

Retrieved on: 
Tuesday, January 10, 2023

Science Applications International Corp. (NYSE: SAIC ) announced today the appointment of Carolyn Handlon and James C. Reagan, CPA, to the company’s board of directors.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) announced today the appointment of Carolyn Handlon and James C. Reagan, CPA, to the company’s board of directors.
  • These appointments bring the board’s total membership to 13, with nearly two-thirds of the board comprised of women and people of color.
  • “We are pleased to welcome both Carolyn Handlon and James Reagan to SAIC’s board of directors,” said Donna Morea, SAIC board chair.
  • SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Dodge & Cox Funds Appoints New Independent Trustee and Announces Planned Retirements of Two Independent Trustees

Retrieved on: 
Thursday, November 17, 2022

SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Dodge & Cox announced today the appointment of Shawn N. Purvis as an Independent Trustee of the Dodge & Cox Funds Board of Trustees.

Key Points: 
  • SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Dodge & Cox announced today the appointment of Shawn N. Purvis as an Independent Trustee of the Dodge & Cox Funds Board of Trustees.
  • Gary Roughead, Lead Independent Trustee of the Dodge & Cox Funds, commented, "We are very pleased to welcome Shawn N. Purvis to the Board of the Dodge & Cox Funds.
  • The Dodge & Cox Funds Board of Trustees oversees all seven Dodge & Cox Funds, and, effective January 1, 2023, will be comprised of 10 Trustees, eight of whom are independent.
  • Dodge & Cox Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Dodge and Cox.

MintMe.com Coin Secures 25 million dollars Investment commitment from GEM digital limited

Retrieved on: 
Friday, October 28, 2022

GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin .

Key Points: 
  • GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin .
  • GEM Digital Limited is a digital asset investment firm.
  • Based in the Bahamas, GEM Digital has committed capital to 50+ projects that trade on over 23 Centralized Exchanges globally.
  • Global Emerging Markets (GEM) is a $3.4 billion alternative investment group with offices in Paris, New York, and the Bahamas.

RS Technologies and Energy Impact Partners Announce Strategic Investment to Expand Utility Structures Capacity

Retrieved on: 
Monday, October 24, 2022

RS Technologies Inc. (RS), a portfolio company of Werklund Growth Fund L.P. (Werklund), and New York-based Energy Impact Partners (EIP) today announced an equity investment of more than CA$150 million to accelerate the continued expansion of RS Technologies industry-leading utility structure manufacturing business in North America.

Key Points: 
  • RS Technologies Inc. (RS), a portfolio company of Werklund Growth Fund L.P. (Werklund), and New York-based Energy Impact Partners (EIP) today announced an equity investment of more than CA$150 million to accelerate the continued expansion of RS Technologies industry-leading utility structure manufacturing business in North America.
  • This investment from Energy Impact Partners ensures that we can address todays grid modernization needs and build capacity to be ready for future events.
  • Energy Impact Partners was founded in 2015 by industry veterans on the premise of advancing the global energy transition.
  • Energy Impact Partners LP is a global investment firm leading the transition to a sustainable future.

Rosewood Private Investments Announces Add-On Acquisition of The Southern Co., Inc.

Retrieved on: 
Friday, September 30, 2022

Rosewood Private Investments (RPI or Rosewood) is pleased to announce the acquisition of The Southern Co., Inc. (SoCo), which will operate as a subsidiary of existing holding company, StationServ Holdings, LLC (StationServ).

Key Points: 
  • Rosewood Private Investments (RPI or Rosewood) is pleased to announce the acquisition of The Southern Co., Inc. (SoCo), which will operate as a subsidiary of existing holding company, StationServ Holdings, LLC (StationServ).
  • This is the second acquisition for the StationServ family of companies since RPI formed the entity in December 2021.
  • AMPET, PECO and DTS have served as a strong foundation which will be further fortified with the addition of SoCo.
  • Eric Scott, principal of SoCo commented, SoCo is excited to join the StationServ family of companies under the direction of Rosewood Private Investments.

Velas Expansion Plans Boosted By Gem Group $135 Million Financial Commitment

Retrieved on: 
Thursday, September 29, 2022

The $135M financial commitment is set to help Velas Network consolidate its position as the global leader in new blockchain technologies.

Key Points: 
  • The $135M financial commitment is set to help Velas Network consolidate its position as the global leader in new blockchain technologies.
  • Since its launch in 2019, Velas has rapidly established itself at the forefront of blockchain products and services.
  • Farhad Shagulyamov, co-founder of the Velas Project says, "I am delighted to announce GEM as Velas' new strategic partner.
  • "This partnership would have been impossible without the hard work and commitment of many people behind the scenes at both Velas and GEM.

TheCapitalNet awarded Best Private Market FinTech Solutions Provider 2022 by Wealth & Finance International

Retrieved on: 
Wednesday, September 7, 2022

MENLO PARK, CA & HYDERBAD, IN, Sept 8, 2022 - (ACN Newswire) - TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International.

Key Points: 
  • MENLO PARK, CA & HYDERBAD, IN, Sept 8, 2022 - (ACN Newswire) - TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International.
  • TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while focusing on PE, VC, CVCs, Angel Networks, Family Offices and M&As.
  • Wealth & Finance International provides fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors.
  • "We are thrilled to be recognized by Wealth & Finance International," said Dr. Rakesh Bhatia, Founder and CEO of TheCapitalNet.

Social Media Platform SoMee Secures $50M Investment Commitment

Retrieved on: 
Friday, August 26, 2022

DOVER, Del., Aug. 26, 2022 /PRNewswire/ -- The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network.

Key Points: 
  • SoMee has already announced several partners, one of whom has 70M wallet holders and plans to share SoMee with their entire user base.
  • SoMee does not hold private keys and puts users in full control of their platform earnings.
  • Additionally, SoMee continues to innovate in the social space by working on future features, such as social content moderation (a user-centric moderation strategy that is both fair and equitable to all users on the platform), sector-specific social media spaces (to allow under- or misrepresented cultures, or areas in society to have better representation online), and advanced security for social media users online.
  • For more information about SoMee or to participate in the next Social media experience, visit:

Social Media Platform SoMee Secures $50M Investment Commitment

Retrieved on: 
Friday, August 26, 2022

DOVER, Del., Aug. 26, 2022 /PRNewswire/ -- The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network.

Key Points: 
  • SoMee has already announced several partners, one of whom has 70M wallet holders and plans to share SoMee with their entire user base.
  • SoMee does not hold private keys and puts users in full control of their platform earnings.
  • Additionally, SoMee continues to innovate in the social space by working on future features, such as social content moderation (a user-centric moderation strategy that is both fair and equitable to all users on the platform), sector-specific social media spaces (to allow under- or misrepresented cultures, or areas in society to have better representation online), and advanced security for social media users online.
  • For more information about SoMee or to participate in the next Social media experience, visit:
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CBIS NAMES INTERNATIONAL FINANCIAL SERVICES EXECUTIVE AS DIRECTOR

Retrieved on: 
Wednesday, July 6, 2022

CHICAGO, July 6, 2022 /PRNewswire/ -- Christian Brothers Investment Services, Inc. ("CBIS"), a leading Catholic, socially responsible investment management firm and registered investment advisor to Catholic investors around the world, announced the appointment of Roberto Herencia to its board of directors.

Key Points: 
  • A 30-year veteran of the financial services industry, Mr. Herencia has served as Chief Executive Officer of Chicago-based Byline Bancorp since February 2021 and Chairman of Byline Bancorp and Byline Bank since June 2013.
  • "From its inception, CBIS has sought to help Catholic investors around the world unify their faith with responsible management of their assets," says Jeff McCroy, President & Chief Executive Officer of CBIS.
  • His expertise and experience beyond the U.S. financial markets will no doubt prove invaluable as we continue to expand our global business."
  • "These are particularly empowering times for us here at CBIS," says Bill Rybak, CBIS Board Chair.