CIP

AvePoint's Inaugural AI and Information Management Report Reveals Organizations with Mature IM Strategies are 1.5x More Likely to Realize AI Benefits

Retrieved on: 
Wednesday, April 3, 2024
Information management, Microsoft, Automation, Qualtrics, ROI, Organization, Software as a service, CIP, IM, Information, Artificial intelligence, News, Scientific Research Publishing, First officer (aviation), Privacy, Investment, Gemini, ChatGPT, AvePoint, Data management, Policy, Medical device

However, organizations with more mature information management (IM) strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.

Key Points: 
  • However, organizations with more mature information management (IM) strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.
  • “If organizations don’t establish or adapt their information management strategies, the challenges they are already facing will be exacerbated by AI.
  • Organizations with mature IM strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.
  • To read the full AvePoint AI and Information Management Report, please visit avpt.co/AI-report-2024
    AvePoint conducted its AI & Information Management study in collaboration with AIIM, an organization dedicated to advancing the information management industry, and with CIPL, a global privacy and data policy think and do tank, to better understand the intersection of AI and information management and how information management practices were impacting AI implementation.

Copenhagen Infrastructure Partners acquires majority stake in Elgin, a leading international solar company

Retrieved on: 
Wednesday, April 3, 2024
EUR, Culture, IPP, Growth, Partnership, CIP, Wind, Independent power producer, Investment, Copenhagen Infrastructure Partners, Renewable energy

COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.

Key Points: 
  • COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.
  • Elgin’s current project pipeline of 15GW is supported by development activities in the UK, Irish, and Australian markets, covering stand-alone solar, solar co-located with battery storage, and stand-alone battery storage.
  • “We are thrilled to embark on this transformative journey with Copenhagen Infrastructure Partners.
  • This strategic partnership reinforces our financial strength while aligning with our vision to become the leading European solar company.

Ascendant Capital Partners and Culver Investment Partners Acquire Portfolio of Multifamily Properties in Houston’s Fast Growing Texas Medical Center Neighborhood

Retrieved on: 
Monday, April 8, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Sun Belt, Ascendant, Partnership, CIP, Acquisition, Medical Center, Texas Medical Center, Student, Collection, Housing, Elle, Commercial property

Ascendant Capital Partners ("Ascendant"), a vertically integrated real estate investment and operating platform, and Culver Investment Partners ("CIP"), a multifamily investment platform focused on existing core-plus and value-add multifamily communities, today announced the acquisition of the Elle Collection portfolio in the Texas Medical Center area, a populous and growing submarket of Houston, TX, for approximately $60 million.

Key Points: 
  • Ascendant Capital Partners ("Ascendant"), a vertically integrated real estate investment and operating platform, and Culver Investment Partners ("CIP"), a multifamily investment platform focused on existing core-plus and value-add multifamily communities, today announced the acquisition of the Elle Collection portfolio in the Texas Medical Center area, a populous and growing submarket of Houston, TX, for approximately $60 million.
  • The Elle Collection comprises three multifamily assets – Elle at the Medical Center, Vie at the Medical Center, and Plaza Townhomes at the Medical Center – totaling 470 units.
  • The Medical Center is a major economic driver for Houston, attracting a strong tenant base of medical professionals and students.
  • The partnership will seek to implement a strategic capital improvement plan to enhance the resident experience at the Elle Collection properties.

Fannie Mae Announces Sale of Non-Performing Loans

Retrieved on: 
Tuesday, April 9, 2024
CIP, BofA Securities, UPB, OTCQB, Organization, FNMA, Sale, Fannie Mae

WASHINGTON, April 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's twenty-fourth Community Impact Pool (CIP). CIPs are typically smaller pools of loans that are geographically focused and marketed to encourage participation by non-profit organizations, minority- and women-owned businesses (MWOBs), and smaller investors.

Key Points: 
  • The one large pool includes approximately 1,205 deeply delinquent loans totaling $221.9 million in unpaid principal balance (UPB), and the CIP includes approximately 52 deeply delinquent loans totaling $14.5 million in UPB.
  • This sale of non-performing loans is being marketed in collaboration with BofA Securities, Inc. and First Financial Network, Inc., a woman-owned and -controlled business, as advisors.
  • Terms of Fannie Mae's non-performing loan transactions require the buyer of the non-performing loans to offer loss mitigation options designed to be sustainable for borrowers.
  • Fannie Mae will also post information about specific pools available for purchase on that page.

Vineyard Wind Named Climate Change Project of the Year by Environmental Business Council of New England

Retrieved on: 
Thursday, April 4, 2024
Other Energy, Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Electricity, Wind, PLA, Climate change, Vineyard Wind, Government, EBC, Partnership, CIP, Cornell University, Climate, Ruth, Carbon, Lawyer, City Winery, Copenhagen Infrastructure Partners, AGR, Silman, Commonwealth, Vineyard, Renewable energy

The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.

Key Points: 
  • The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.
  • “We are honored and grateful to receive this important recognition for our Vineyard Wind 1 project, and thank the Environmental Business Council for their partnership and support as we work together to take urgent action on climate change,” said Avangrid CEO Pedro Azagra.
  • Vineyard Wind 1 is the first large-scale offshore wind project in the United States.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs through the project.

RevBits Sweeps the 2024 Globee Cybersecurity Awards Across Multiple Solutions and Categories

Retrieved on: 
Monday, March 18, 2024
Apps, Applications, Mobile, Wireless, Technology, Security, Telecommunications, Professional Services, Software, Networks, Data Analytics, Artificial Intelligence, EPS, CIP, DT, CISO, Artificial intelligence, LogRhythm, EDR, Machine learning, PAM, Arms industry

It confirms both the breadth and depth of our solution is unrivaled in the crowded cybersecurity market,” said David Schiffer, CEO.

Key Points: 
  • It confirms both the breadth and depth of our solution is unrivaled in the crowded cybersecurity market,” said David Schiffer, CEO.
  • “One of our tag lines is ‘Every CISO’s Dream’ and RevBits’ Cybersecurity Intelligent Platform, truly is that.”
    “Innovation is at the core of everything we do,” said Mucteba Celik, CTO.
  • And still every single one of our products has innovative and unique features that make it stand out from other mainstream solutions.
  • RevBits is taking cybersecurity to the next level, innovating new capabilities with multiple patented technologies to ensure our competitive advantage.

Comvest Partners Announces Close of Sixth Flagship Private Equity Fund at $881 Million

Retrieved on: 
Tuesday, March 19, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Consultant, Partnership, CIP, History, LLP, Insurance, Fund, Kirkland & Ellis, Financial services

Comvest Partners (“Comvest”), a leading middle-market private equity and credit investment firm, today announced the final close of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (“CIP VI”, or the “Fund”), with total capital commitments of $881 million.

Key Points: 
  • Comvest Partners (“Comvest”), a leading middle-market private equity and credit investment firm, today announced the final close of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (“CIP VI”, or the “Fund”), with total capital commitments of $881 million.
  • “We believe our successful fundraise reflects Comvest’s deep experience in the middle market, our nearly 25-year history of delivering results for our investors, and the strength of our private equity strategy.
  • “This fundraising milestone is a testament to the experienced and proven investment team we have built at Comvest,” said Maneesh Chawla, a Managing Partner of Comvest and head of the firm’s private equity strategy.
  • Kirkland & Ellis LLP served as legal advisor to Comvest in the formation of CIP VI.

PKI Solutions Hosts PKI Insights Web Seminar on Critical Infrastructure Protection (CIP) Environments

Retrieved on: 
Thursday, March 14, 2024
Security, Other Energy, Utilities, Technology, Energy, Software, Hardware, Utility, CIP, Implementation, PKI, Public key infrastructure, X.509, Critical infrastructure protection, Organization, Public key certificate, MST, Cryptocurrency

PKI Solutions -- a Public Key Infrastructure technology leader with practices covering PKI Design/Redesign, Implementation, PKI assessments, training, and support services – will host a PKI Insights Series Web Seminar on issues that Energy and Utility companies face as threats to critical infrastructure increase.

Key Points: 
  • PKI Solutions -- a Public Key Infrastructure technology leader with practices covering PKI Design/Redesign, Implementation, PKI assessments, training, and support services – will host a PKI Insights Series Web Seminar on issues that Energy and Utility companies face as threats to critical infrastructure increase.
  • Critical Infrastructure Protection (CIP) environments rely heavily on Digital Certificates to protect power sources for customers.
  • PKI Solutions will elevate your understanding of Critical Infrastructure Protection (CIP) and gain expertise in enhancing security posture and fortifying energy infrastructure resilience.
  • “In the evolving landscape of Critical Infrastructure Protection (CIP) environments, Energy and Utility companies are facing mounting challenges as the dependence on Public Key Infrastructure (PKI) grows every day,” said Cooper.

OPSWAT Acquires CIP Cyber to Revolutionize Cybersecurity Training

Retrieved on: 
Wednesday, April 3, 2024
Workforce, CIP, Partnership, Education, Certification, Knowledge, Organization, Risk management

TAMPA, Fla., April 3, 2024 /PRNewswire/ -- OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, today announced that it has acquired CIP Cyber, an online learning community with a mission of connecting, training, and certifying cybersecurity professionals to protect critical infrastructure. Its integration with OPSWAT Academy, a comprehensive training platform that educates and certifies cybersecurity professionals to safeguard critical environments, marks a significant milestone in cybersecurity education. By combining the expertise of both entities, the collaboration will deliver top-tier training to cybersecurity professionals worldwide with a total of 31 certification courses covering IT and OT/ICS.

Key Points: 
  • TAMPA, Fla., April 3, 2024 /PRNewswire/ -- OPSWAT , a global leader in critical infrastructure protection (CIP) cybersecurity solutions, today announced that it has acquired CIP Cyber , an online learning community with a mission of connecting, training, and certifying cybersecurity professionals to protect critical infrastructure.
  • Its integration with OPSWAT Academy , a comprehensive training platform that educates and certifies cybersecurity professionals to safeguard critical environments, marks a significant milestone in cybersecurity education.
  • With a shared vision and synergy, OPSWAT Academy and CIP Cyber are furthering their commitment to elevating the current standard and offerings of cybersecurity education.
  • Building upon OPSWAT's founding sponsorship , today's completion of the CIP Cyber acquisition brings OPSWAT Academy and CIP Cyber resources into one fully integrated platform, enabling a more comprehensive training community.

Fannie Mae Announces Winner of Twenty-Third Community Impact Pool of Non-Performing Loans

Retrieved on: 
Tuesday, March 26, 2024
CIP, BofA Securities, UPB, BPO, OTCQB, Sale, Fannie Mae, Auction

WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans.

Key Points: 
  • WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans.
  • The transaction is expected to close on May 22, 2024, and includes 37 loans totaling $10.4 million in unpaid principal balance (UPB).
  • The loans are geographically focused in the New York/New Jersey area, and the winning bidder was GITSIT Solutions, LLC (Tourmalet).
  • Fannie Mae will also post information about specific pools available for purchase on that page.