Incapital

FHLBank Pittsburgh Announces 2024 Board Leadership

Retrieved on: 
Friday, January 5, 2024

FHLBank Pittsburgh welcomes Brendan J. McGill as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another two-year term.

Key Points: 
  • FHLBank Pittsburgh welcomes Brendan J. McGill as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another two-year term.
  • Mr. McGill joined the Board of Directors in 2017 and Ms. Herrle joined in 2018.
  • Mr. McGill is actively involved in the community; he is currently on the board and a member of Pennsylvania Bankers Association’s Services Corporation.
  • Visit our Leadership page and click Board of Directors to learn more: https://www.fhlb-pgh.com/leadership .

OFFSITE Announces the Appointment of John Pattison as Chief Operating Officer

Retrieved on: 
Wednesday, October 18, 2023

KENOSHA, Wis., Oct. 18, 2023 (GLOBE NEWSWIRE) -- OFFSITE, LLC, a managed technology infrastructure company (MSP, MSSP & Colo), has hired John Pattison as the Chief Operating Officer.

Key Points: 
  • KENOSHA, Wis., Oct. 18, 2023 (GLOBE NEWSWIRE) -- OFFSITE, LLC, a managed technology infrastructure company (MSP, MSSP & Colo), has hired John Pattison as the Chief Operating Officer.
  • The COO role is new to OFFSITE and John can be expected to bring workflow automation, driving efficiencies for both the company and their clients.
  • “As the company grows past 100 clients and 40 employees, we need someone with John’s experience to integrate a wide range of applications and design controls to ensure quality of service.
  • “I am excited for the opportunity to work with the talented team at OFFSITE.

AI-Driven Grid Resilience firm, Prisma Photonics secures approximately $20 Million, led by Insight Partners, to monitor large-scale critical infrastructure towards net zero emissions

Retrieved on: 
Thursday, September 14, 2023

TEL AVIV, Israel, Sept. 14, 2023 /PRNewswire/ --  Prisma Photonics, the dynamic, AI-driven startup that monitors large-scale infrastructure, such as power grids, announced today that it raised approximately $20M in a Series C round led by New York-based global private equity and venture capital firm Insight Partners, with participation from Elements, a Climatech fund, SE Ventures (Schneider Electric's venture capital arm), Future Energy Ventures (the venture capital investment and collaboration platform of E.ON), Chione Switzerland, and INcapital.

Key Points: 
  • This round brings the total funding raised by Prisma Photonics to over $50 million.
  • It allows them to maximize the electrical capacity of the current grid to increase the integration of renewable energy sources.
  • This investment led by Insight Partners highlights the urgent need for innovative, scalable solutions in critical infrastructure management."
  • Prisma Photonics optical fiber sensing technology covers several infrastructure sectors, including power, oil and gas pipelines, subsea infrastructure, railways, highways, and other long-range utilities.

AI-Driven Grid Resilience firm, Prisma Photonics secures approximately $20 Million, led by Insight Partners, to monitor large-scale critical infrastructure towards net zero emissions

Retrieved on: 
Wednesday, September 13, 2023

TEL AVIV, Israel, Sept. 13, 2023 /PRNewswire/ --  Prisma Photonics, the dynamic, AI-driven startup that monitors large-scale infrastructure, such as power grids, announced today that it raised approximately $20M in a Series C round led by New York-based global private equity and venture capital firm Insight Partners, with participation from Elements, a Climatech fund, SE Ventures (Schneider Electric's venture capital arm), Future Energy Ventures (the venture capital investment and collaboration platform of E.ON), Chione Switzerland, and INcapital.

Key Points: 
  • This round brings the total funding raised by Prisma Photonics to over $50 million.
  • It allows them to maximize the electrical capacity of the current grid to increase the integration of renewable energy sources.
  • This investment led by Insight Partners highlights the urgent need for innovative, scalable solutions in critical infrastructure management."
  • Prisma Photonics optical fiber sensing technology covers several infrastructure sectors, including power, oil and gas pipelines, subsea infrastructure, railways, highways, and other long-range utilities.

Cherry Hill Mortgage Investment Corporation Announces Appointment of Sharon Lee Cook to Board of Directors

Retrieved on: 
Monday, March 13, 2023

Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is pleased to announce the appointment, effective as of March 8, 2023, of Sharon Lee Cook to the Board of Directors to serve out the term of Ms. Regina Lowrie, who passed away on January 1, 2023.

Key Points: 
  • Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is pleased to announce the appointment, effective as of March 8, 2023, of Sharon Lee Cook to the Board of Directors to serve out the term of Ms. Regina Lowrie, who passed away on January 1, 2023.
  • “We are excited to welcome Ms. Cook to our Board,” said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corporation.
  • “We are thrilled to have someone of her caliber and wealth of experience to further strengthen our Board, and I have the utmost respect for Ms. Cook both personally and professionally.
  • Previously, she was a managing director at securities firm Incapital LLC, a managing director at investment banking firm D.A.

CYREBRO Raises $40M Series C Funding for the World's First Cloud-Based Security Operations Center Infrastructure

Retrieved on: 
Wednesday, September 14, 2022

TEL AVIV, Israel, Sept. 14, 2022 /PRNewswire/ -- CYREBRO, the pioneer and global leader in Security Operations Center (SOC) Infrastructure, today announced a $40M Series C investment led by Koch Disruptive Technologies (KDT), alongside new investor Elaia. Existing investors Mangrove Capital Partners, Prytek, Bank Mizrachi and InCapital Group are also participating in the round. The company will use this latest investment to accelerate its go-to-market strategy becoming the global solution for all Managed Security Service Providers (MSSPs), IT providers and businesses of all sizes. With 300% year-over-year growth from December 2020 to 2021, committed monthly revenues tripling from 2019 to 2021, and an expansion of the company both in customers and employees, CYREBRO continues to expand with clients and partners around the world from North America, Latin America, EMEA and Asia.

Key Points: 
  • Existing investors Mangrove Capital Partners, Prytek, Bank Mizrachi and InCapital Group are also participating in the round.
  • "CYREBRO provides MSSPs the highest level of automation and lowest false-positive rate with its SOC Infrastructure offering, making it truly distinct," says Isaac Sigron, Managing Director, KDT.
  • "We're honored and fortunate to have this great team of investors behind us, believing in CYREBRO and our vision," said CYREBRO CEO Nadav Arbel.
  • Having pioneered the first online managed Security Operations Center (SOC) Infrastructure, CYREBRO brings enterprise-grade cybersecurity to businesses of all sizes, ensuring fast and efficient responses to cyber threats and their mitigation.

Advisors Confident of Market Rebound in 2H 2022 Forecast

Retrieved on: 
Monday, July 11, 2022

Despite market performance, 85% of advisors said their clients are only down gains, not principal.

Key Points: 
  • Despite market performance, 85% of advisors said their clients are only down gains, not principal.
  • Notably, 30% of advisors said their clients are talking about delaying retirement due to recent market weakness.
  • When asked what has surprised advisors most about clients in light of recent market volatility, 33% said patience.
  • The good news is, just 11% of advisors said the market downturn has caused friction between them and their clients.

FHLBank Pittsburgh Announces 2022 Board Leadership

Retrieved on: 
Monday, January 10, 2022

FHLBank Pittsburgh welcomes William C. Marsh as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another 2-year term.

Key Points: 
  • FHLBank Pittsburgh welcomes William C. Marsh as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another 2-year term.
  • Mr. Marsh joined the Board of Directors in 2012 and Ms. Herrle joined in 2018.
  • Mr. Marsh is the Chairman of the Board, President and CEO of Emclaire Financial Corp. and its wholly owned subsidiary bank, The Farmers National Bank of Emlenton.
  • Mr. Marsh started in the financial services industry more than 30 years ago in Pittsburgh with KPMG Peat Marwick, an international public accounting and consulting firm.

Financial Advisor 2022 Forecast: U.S. Equities Up, but Return to Earth

Retrieved on: 
Monday, December 6, 2021

Another 28% said they expect a flat market, while 13% are calling for markets to be down 10% or more.

Key Points: 
  • Another 28% said they expect a flat market, while 13% are calling for markets to be down 10% or more.
  • Asked what their clients are very worried about, 57% of advisors said taxes, 40% said market corrections, and 38% said inflation.
  • These findings are from the sixth InspereX Pulse Survey conducted online between October 18-23, 2021, by Red Zone Marketing.
  • They aim to capture upside in the market and to avoid stalling growth which could impact their ability to achieve their financial objectives.

Goldman Sachs Advisor Solutions Platform Selects InspereX’s BondNav® as Fixed Income Market Technology for Independent RIAs

Retrieved on: 
Monday, November 15, 2021

InspereX announced today that it has licensed its pioneering BondNav fixed income market technology to the Goldman Sachs Advisor Solutions platform providing custody solutions to independent registered investment advisors (RIAs).

Key Points: 
  • InspereX announced today that it has licensed its pioneering BondNav fixed income market technology to the Goldman Sachs Advisor Solutions platform providing custody solutions to independent registered investment advisors (RIAs).
  • BondNav from InspereX digitizes fixed income capital markets by aggregating retail, middle market, and institutional bond markets, providing advisors with a competitive advantage.
  • BondNav efficiently connects clients to liquidity-providing platforms, with additional real-time support offered by a team of seasoned fixed income specialists at Goldman Sachs.
  • This way, RIAs on the Goldman Sachs Advisor Solutions platform can cut to the trade and become far more efficient.