Black Rock | Jotup

Open Access Fiber Networks Poised to Shake Up U.S. Broadband Market

Retrieved on:

Thursday, October 26, 2023

Knowledge, Internet, Thought, Johnston, Acquisition, Maintenance, Access, Development, Growth, T-Mobile, Risk, Black Rock, Internet service provider, Telecommunications, AT, CoBank, AT&T

Open access fiber networks, a fixture in Europe due to industry regulation, are gaining momentum in the U.S. as growth-hungry telecommunications companies are getting more creative in their approach to new revenue streams.

Key Points:

Open access fiber networks, a fixture in Europe due to industry regulation, are gaining momentum in the U.S. as growth-hungry telecommunications companies are getting more creative in their approach to new revenue streams.
A fiber network owner/operator sells wholesale network access to multiple Internet Service Providers (ISPs), which then resell it to their respective residential and business broadband customers.
However, rural broadband operators could be exposed to increased competition from these networks in the years ahead.
And some rural markets could eventually become targets for open access network operators hungry for growth and backed by deep-pocketed investors.”

Dalmore Group to Sponsor CFA LA Annual Portfolio Conference Alongside Blackrock, Invesco And More

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Thursday, October 19, 2023

Omni, Invesco, Butler, Investment Week, Landa, Conference, Dalmore, Reg Plummer (field hockey), Black Rock, CF, State Street

LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Dalmore Group , the leading broker-dealer for Reg A and CF financing, will sponsor and speak at the 2023 annual Portfolio Conference hosted by the CFA Society of Los Angeles.

Key Points:

LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Dalmore Group , the leading broker-dealer for Reg A and CF financing, will sponsor and speak at the 2023 annual Portfolio Conference hosted by the CFA Society of Los Angeles.
As one of the West Coast's most prominent conferences for institutional investors, the summit will also bring together sponsors including Blackrock, Invesco, State Street, Principal Asset Management and more.
Dalmore Group Chairman Etan Butler will take the stage for a panel alongside North Capital, Shinnecock Partners and Landa to discuss fractionalization of high value assets.
"Dalmore has brought order to that market by providing the technology and strategy to bridge the gap between issuers, institutions and investors."

Fragmented No More: Launch of Templum One Ecosystem Unifies Private Markets

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Wednesday, October 18, 2023

LP, Black Rock, Ecosystem, RIAS, BlackRock, Cryptocurrency, Security (finance), Glossary of ancient Roman religion

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Templum, Inc. ("Templum"), the operating system for private markets and alternative assets™ announced today the launch of Templum One, a first-of-its-kind solution for private markets and alternative assets. Templum One is a secure ecosystem that connects issuers, investors, custodians, transfer agents and other market participants to facilitate access to high-quality alternatives and private securities, as well as accelerates the general adoption of alternative assets and private securities as an investment class for a broad range of investors. Through Templum One's open and fully regulated infrastructure solution, any alternative investment opportunity ranging from private equity, venture, credit and real estate to art and collectibles can be facilitated and found on Templum One.

Key Points:

Templum announces its private markets and alternative assets ecosystem solution, making investing in alts as easy and ubiquitous as buying public stocks
NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Templum, Inc. ("Templum"), the operating system for private markets and alternative assets™ announced today the launch of Templum One, a first-of-its-kind solution for private markets and alternative assets.
Templum One is a secure ecosystem that connects issuers, investors, custodians, transfer agents and other market participants to facilitate access to high-quality alternatives and private securities, as well as accelerates the general adoption of alternative assets and private securities as an investment class for a broad range of investors.
Through Templum One's open and fully regulated infrastructure solution, any alternative investment opportunity ranging from private equity, venture, credit and real estate to art and collectibles can be facilitated and found on Templum One.
"Templum One is the only central operating system of its kind and the answer private market participants have been waiting for," said Christopher Pallotta, founder and CEO of Templum.

Sygnum’s Crypto-TradFi bridge generates multi-bn client demand for traditional securities

Retrieved on:

Tuesday, October 17, 2023

Crypto, Black Rock, COVID-19, PostFinance, ETF, ETP, NNM, CHF, Growth, Vanguard, Treasury, Cryptocurrency

Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply

Key Points:

Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply
Diversification opportunities into 10,000+ traditional securities including fixed income products,
Sygnum today announces significant growth in its traditional securities offering that complements its core regulated digital asset offering.
Traditional securities, first made available to selected clients in March 2023, has already generated CHF multi-billion client demand and a strong future growth pipeline.
Client demand to complement their core cryptocurrency investments with traditional securities is primarily from crypto foundations and other large holders.
In parallel, Sygnum is building new “high-speed lanes” on its Crypto-TradFi bridge via the tokenising of traditional securities.

Foresite Capital Strengthens Investor Relations and Business Development Teams with Addition of Hadi Tabbaa as Managing Director

Retrieved on:

Thursday, September 28, 2023

Foresite Capital , a multi-stage healthcare and life sciences investment firm, announces today the appointment of Hadi Tabbaa as managing director of investor relations and business development.

Key Points:

Foresite Capital , a multi-stage healthcare and life sciences investment firm, announces today the appointment of Hadi Tabbaa as managing director of investor relations and business development.
With more than two decades of experience in investor relations, capital formation and corporate business development, Hadi will oversee these efforts at Foresite, working closely with Foresite Capital CEO Jim Tananbaum and the current investor relations team to deepen the company's relationships with existing and prospective investors.
View the full release here: https://www.businesswire.com/news/home/20230928666132/en/
Tabbaa joins Foresite Capital from B Capital , where he was a partner and global head of investor relations.
I look forward to strengthening our investor partnerships and building a world-class investor relations and business development function here,” Mr. Tabbaa added.

Icelandic Glacial™ Announces new investment, new shareholder structure and expansion of operations.

Retrieved on:

Wednesday, September 6, 2023

History, US, Black Rock, Growth, LOS, Icelandic, Global Brands Group, Management, Cryptocurrency, Telia, Icelandic Glacial

LOS ANGELES, Sept. 6, 2023 /PRNewswire/ -- Icelandic Glacial™, the naturally alkaline, super-premium spring water from Iceland, announced today that it has received new equity funding from new and existing investors.

Key Points:

Iceland Star Property Ltd. and funds managed by Blackrock's US Private Credit team complete equity investment and conversion of loans into equity.
LOS ANGELES, Sept. 6, 2023 /PRNewswire/ -- Icelandic Glacial™, the naturally alkaline, super-premium spring water from Iceland, announced today that it has received new equity funding from new and existing investors.
Johan Dennelind, a seasoned director and advisor who previously served as President and CEO of Telia, joins the Board as Chairman.
Renowned for its exceptional purity, Icelandic Glacial is bottled at the source from the legendary Ölfus Spring in Iceland, providing customers with the highest level quality of natural spring water.

Bayview Launches Insurance Asset Management Business

Retrieved on:

Monday, August 28, 2023

Finance, Banking, Professional Services, Asset Management, Insurance, Asset management, CFA, Senior, Risk management, Accounting, Treasury, Black Rock, Microsoft, Service provider, Investment, GSE, MetLife, Financial services, Management

Bayview Asset Management (“Bayview”), a leading investment management firm with a 30-year history investing in mortgage and consumer credit, today announced the launch of an Insurance Asset Management business.

Key Points:

Bayview Asset Management (“Bayview”), a leading investment management firm with a 30-year history investing in mortgage and consumer credit, today announced the launch of an Insurance Asset Management business.
She is perfectly positioned to lead this natural extension of the Bayview business.”
“I partnered with Bayview while building MetLife’s industry-leading residential whole loan investment platform and I am thrilled to now be a part of the Bayview organization to bring its unique capabilities to the rest of the insurance industry,” said Mueller Handal.
Over 30 years, Bayview has developed a platform that includes deep and broad mortgage industry relationships, advanced analytical capabilities, comprehensive loan accounting expertise and an unparalleled risk management framework.
Alex Latella, formerly a member of the Insurance Solutions team at Blackrock, has also joined the newly formed Insurance Asset Management division as Senior Vice President responsible for business development.

Altisource Asset Management Corporation Reports Second Quarter 2023 Results

Retrieved on:

Monday, August 14, 2023

Banking, Asset Management, Professional Services, Finance, AAMC, PIMCO, Black Rock, Date, NYSE, Luxor, CICO, USVI

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2023.

Key Points:

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2023.
AAMC obtained a favorable ruling in its litigation with its preferred shareholder, Luxor, where the appeals court found that AAMC did not breach any contractual obligations.
AAMC second quarter operating results 2023 were similar to the first quarter of 2023.
In July 2023, AAMC’s Board of Directors, approved a 2 for 1 stock split, to be treated as stock dividend, with a Record Date of August 14, 2023.

Study: Financial stress amongst employees has skyrocketed with 63% of employees unable to cover a $500 emergency expense

Retrieved on:

Thursday, August 17, 2023

KIRKLAND, Wash., Aug. 17, 2023 /PRNewswire-PRWeb/ -- The stress caused by financial problems costs U.S. companies $4.7 billion per week but 66% feel uncomfortable seeking help from their employers for unexpected expenses

Key Points:

A new report from emergency savings startup SecureSave reveals that US employees are struggling to save for unexpected short-term needs due to a lack of emergency savings, with 63% of employees unable to cover a $500 emergency expense.
KIRKLAND, Wash., Aug. 17, 2023 /PRNewswire-PRWeb/ -- The stress caused by financial problems costs U.S. companies $4.7 billion per week but 66% feel uncomfortable seeking help from their employers for unexpected expenses
A new study from SecureSave revealed financial stress amongst employees has skyrocketed with 63% of employees unable to cover a $500 emergency expense.
A new report from emergency savings startup SecureSave reveals that US employees are struggling to save for unexpected short-term needs due to a lack of emergency savings, with 63% of employees unable to cover a $500 emergency expense.
If faced with an unexpected $500 emergency expense like a hospital bill or car repair, 6 out of 10 employees would be unable to cover it.

ADARx Pharmaceuticals, A Leader in Next Generation RNA Therapeutics, Announces Oversubscribed $200 Million Series C Financing

Retrieved on:

Wednesday, August 9, 2023

ADARx Pharmaceuticals, Inc. (“ADARx” or “the Company”), a clinical stage biotechnology company developing next generation RNA therapeutics, today announced the successful close of an oversubscribed $200 million Series C financing.

Key Points:

ADARx Pharmaceuticals, Inc. (“ADARx” or “the Company”), a clinical stage biotechnology company developing next generation RNA therapeutics, today announced the successful close of an oversubscribed $200 million Series C financing.
ADARx’s existing investors, Ascenta Capital, Lilly Asia Ventures, OrbiMed, and SR One Capital Management also participated.
The proceeds from the Series C financing will be used to further advance ADARx clinical programs including ADX-324 and ADX-038.
In conjunction with financing, Dr. Sun and Dr. Yu will join ADARx’s Board of Directors.