Redbird

Bishop Street Underwriters, a RedBird Capital Portfolio Company, Announces Joint Venture with Topsail Re

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.

Key Points: 
  • NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.
  • Bishop Street is a value-additive acquirer and program incubator, marrying established businesses’ brand equity with best-in-class capabilities, capital, and resources to build a powerful growth platform.
  • The Topsail Re partnership will enable day-one strategic value to prospective Bishop Street acquisitions, as well as long-term value for Bishop Street and its acquired platforms for tuck-ins, new program launches, and team lift-outs,” said Mike Zabik, Partner of RedBird Capital Partners.
  • In addition to the creation of the joint venture, Topsail Re CEO David Johnson and Chief Strategy Officer & Executive Vice President Christopher Miller will join the Bishop Street Board of Directors, and Tom Gubash, Managing Director of Topsail Capital Partners, will join as a Board Observer.

C-CAP ANNOUNCES ANNUAL 2024 BENEFIT STARRING NEW YORK CITY'S TOP CHEFS

Retrieved on: 
Tuesday, March 5, 2024

NEW YORK, March 5, 2024 /PRNewswire/ -- Careers through Culinary Arts Programs (C-CAP), the workforce development nonprofit that teaches more than 22,000 students in eight states and Washington D.C., culinary, life and job skills, announces its annual national benefit, to be held on Monday, April 1 from 5:45 pm to 9 pm ET at New York City's Chelsea Piers.

Key Points: 
  • NEW YORK, March 5, 2024 /PRNewswire/ -- Careers through Culinary Arts Programs (C-CAP), the workforce development nonprofit that teaches more than 22,000 students in eight states and Washington D.C., culinary, life and job skills, announces its annual national benefit, to be held on Monday, April 1 from 5:45 pm to 9 pm ET at New York City's Chelsea Piers.
  • C-CAP, the nonprofit that supports 22k students with culinary, life & job skills, announces its April 1 Benefit in NYC.
  • "To be able to support and celebrate the next generation of food leaders is not just an honor," says Benefit Honoree Mary Attea, "but critical to the health of our industry.
  • "  Benefit Chair Jennifer Vitigliano concurs: "We need to continue to staff up the restaurant and hospitality world with high-caliber students like those C-CAP has been training for decades."

RedBird IMI to Acquire Global Production Company All3Media

Retrieved on: 
Friday, February 16, 2024

RedBird IMI is a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment and sports.

Key Points: 
  • RedBird IMI is a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment and sports.
  • RedBird IMI launched just over one year ago, with the goal of building a global media company across news, entertainment and sports.
  • Its investments include the scripted production company Media Res, the unscripted production company EverWonder Studios, the children’s entertainment company Hidden Pigeon Company and the digital outlet Front Office Sports.
  • RedBird Advisors acted as financial advisor to RedBird IMI and RedBird Capital Partners, and Gibson, Dunn & Crutcher LLP acted as its legal advisor.

Children's Health and UT Southwestern Announce Plans for Transformative New Pediatric Campus in Dallas' Southwestern Medical District

Retrieved on: 
Wednesday, February 7, 2024

DALLAS, Feb. 7, 2024 /PRNewswire/ -- Children's HealthSM and UT Southwestern Medical Center unveiled plans for a new $5 billion pediatric health campus in Dallas' Southwestern Medical District today. Spanning more than 33 acres, the new pediatric campus offers a patient-centric design that can meet the rapidly increasing need for more pediatric services from the most common to the most complex. It will serve as a joint hub for innovation, academic research and training, and the development of life-saving technologies to provide exemplary care for the youngest members of our community.

Key Points: 
  • New Multi-tower Hospital to Replace Children's Medical Center Dallas to Meet Surging Demand for Pediatric Care, Research and Training
    DALLAS, Feb. 7, 2024 /PRNewswire/ -- Children's HealthSM and UT Southwestern Medical Center unveiled plans for a new $5 billion pediatric health campus in Dallas' Southwestern Medical District today.
  • Life-changing treatments, pioneering research, and training the next generation of pediatric providers are the hallmarks of the Children's Health and UT Southwestern legacy.
  • The new pediatric campus adds to the ongoing investments Children's Health continues to make to meet the region's growing pediatric medical and surgical needs.
  • In 2025, Children's Health will occupy the second floor of the 150,000-square-foot UT Southwestern Medical Center at RedBird, part of the Reimagine RedBird development.

Build A Rocket Boy Completes $110 Million Series D Fundraising to Launch the Next Generation Entertainment and Gaming Company

Retrieved on: 
Wednesday, January 17, 2024

EDINBURGH, Scotland, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Build A Rocket Boy, a leading independent gaming and entertainment company, has today announced that it has closed on an over $110 million Series D fundraising round.

Key Points: 
  • EDINBURGH, Scotland, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Build A Rocket Boy, a leading independent gaming and entertainment company, has today announced that it has closed on an over $110 million Series D fundraising round.
  • The new capital will enable Build A Rocket Boy to launch its three flagship products: immersive gaming and entertainment open world platform EVERYWHERE, AAA game series MindsEye, and suite of easy-to-use UGC design tools called ARCADIA.
  • Build A Rocket Boy plans to launch the highly anticipated EVERYWHERE and the first episode of MindsEye in the near future.
  • RedBird’s investment portfolio in media, entertainment, sports and experiential consumer enables a differentiated perspective on the gaming industry and its convergence with other forms of interactive entertainment.”

Arax Investment Partners Continues to Scale Multi-Partner Platform Structure

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), a premier wealth management platform company backed by RedBird Capital Partners (“RedBird”), today announced three significant milestones in the rapid scale-up of its multi-partner platform:

Key Points: 
  • Excel Securities & Associates, Inc., a full-service independent Broker-Dealer & SEC registered investment advisor (“Excel”), was acquired by Arax and will operate as Ashton Thomas Securities.
  • Prior to joining Arax, Handa served as a Managing Director and Partner of Pennington Partners & Co. as well as co-Head of the firm’s investment committee.
  • Prior to Insight Investment, Handa was the Chief Investment Officer for the City of Philadelphia Board of Pensions Retirement Plans.
  • “Arax’s multi-platform wealth management platform strategy is differentiated in the market and is attracting great partners to the platform, specifically a number of highly talented advisor teams.”

United Football League (“UFL”) Set to Launch as the Premier Spring Football League

Retrieved on: 
Sunday, December 31, 2023

Today marks the official announcement regarding the launch of the United Football League (the “UFL”), the premier spring football league that will result from the merger of the XFL and USFL.

Key Points: 
  • Today marks the official announcement regarding the launch of the United Football League (the “UFL”), the premier spring football league that will result from the merger of the XFL and USFL.
  • The 2024 season for the UFL is set to kick off on Saturday, March 30, 2024.
  • Daryl Johnston, former USFL President of Football Operations, will lead football operations.
  • “FOX is football, and the success of the USFL has proven that there’s a bright future for spring football.

Zlatan Ibrahimović Joins RedBird Capital Partners as Operating Partner and Advisor to AC Milan Ownership

Retrieved on: 
Monday, December 11, 2023

NEW YORK and MILAN, Italy, Dec. 11, 2023 (GLOBE NEWSWIRE) -- RedBird Capital Partners (“RedBird”) today announced the appointment of Zlatan Ibrahimović (“Ibra”) as an Operating Partner across its Sports and Media & Entertainment investment portfolio.

Key Points: 
  • NEW YORK and MILAN, Italy, Dec. 11, 2023 (GLOBE NEWSWIRE) -- RedBird Capital Partners (“RedBird”) today announced the appointment of Zlatan Ibrahimović (“Ibra”) as an Operating Partner across its Sports and Media & Entertainment investment portfolio.
  • In this capacity, he will also serve as a Senior Advisor to AC Milan Ownership and Senior Management.
  • As an Operating Partner at RedBird, Ibra will collaborate with RedBird’s global investment team in supporting the firm’s existing investment portfolio across sports, media and entertainment.
  • At AC Milan, Ibra will serve as a Senior Advisor to Ownership, which is led by RedBird and includes the New York Yankees, one of RedBird’s longest standing partners in sports.

From Troy to the Boardroom: CrowdStrike’s Charlotte Returns to Take on Modern Cyber Adversaries

Retrieved on: 
Thursday, November 2, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231101664098/en/
    Last seen during the “Big Game” taking on history’s most infamous breach in CrowdStrike’s ‘Troy’ campaign, Charlotte is back fighting the cyber criminals that threaten and target modern businesses.
  • ‘This or That’ highlights the very real threat modern businesses face every day – devastation, destruction, and disruption from unrelenting cyberattacks.
  • The spots were imagined and executed by CrowdStrike’s internal creative agency, RedBird, in collaboration with RadicalMedia , Zoic Studios , and Union Editorial .
  • CrowdStrike continues to lead the industry forward and deliver the innovation that brings the power of generative AI to the world of cybersecurity.

Aquarian Holdings Enters Into Strategic Partnership with Obra Capital and Acquires Minority Stake

Retrieved on: 
Monday, October 16, 2023

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Obra Capital, Inc. (“Obra” or the “Firm”), a specialized alternative asset management firm, today announced that Aquarian Holdings (“Aquarian”) will join as a strategic partner and has acquired a minority equity ownership stake, replacing Reverence Capital who has been an investor since 2019.

Key Points: 
  • NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Obra Capital, Inc. (“Obra” or the “Firm”), a specialized alternative asset management firm, today announced that Aquarian Holdings (“Aquarian”) will join as a strategic partner and has acquired a minority equity ownership stake, replacing Reverence Capital who has been an investor since 2019.
  • RedBird Capital will maintain its current ownership stake.
  • “Obra continues to present a compelling investment opportunity,” added Mike Zabik, Head of Financial Services at RedBird Capital.
  • “We look forward to working with Obra as it grows and benefitting from the many synergies between our firms,” Mr. Sahay said.