GS

Maternal Health Startup Mahmee Raises $9.2M Series A Led by Goldman Sachs Asset Management

Retrieved on: 
Thursday, May 12, 2022

Mahmee , a maternal healthcare startup, today announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management.

Key Points: 
  • Mahmee , a maternal healthcare startup, today announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management.
  • Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance.
  • Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.
  • Since 2003 the Growth Equity business within Goldman Sachs Asset Management comprising more than 75 individuals has invested over $13 billion in companies led by visionary founders and CEOs.

QTT Accelerates Market Expansion with Its AI Oral Care Application, e.apo Mobile

Retrieved on: 
Thursday, May 5, 2022

QTT Co. , a startup of the AI oral care application, has started to accelerate its expansion in the market.

Key Points: 
  • QTT Co. , a startup of the AI oral care application, has started to accelerate its expansion in the market.
  • View the full release here: https://www.businesswire.com/news/home/20220505005033/en/
    e.apo Mobile, an AI oral care application that allows easy oral examination at home, developed by QTT Co., analyzes the oral health status utilizing AI and informs you of your dental needs through a customized report.
  • QTT Co. has developed the worlds first artificial intelligence mobile oral disease detection technology and secured 100 Ips including 35 domestic and foreign patents in digital dental care.
  • e.apo Mobile, a smart oral health assistant service, and e.apo C&H, a web-based SaaS program can improve the convenience of dental appointments in Korea.

Genomic Sequencing Advocates Call for Bolstered Pandemic Response Infrastructure

Retrieved on: 
Wednesday, May 4, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220504006065/en/
    Read the open letters full text and watch this short animated video on genomic sequencing!
  • Genomic sequencing (GS) uses viral surveillance to find new variants, know the current picture in countries, regions, and globally, and model future scenarios.
  • Genomic sequencing has proven its immense value through its contributions to stopping the current pandemic.
  • Unless government leaders work to bolster the existing pandemic prevention, preparedness, and response infrastructures through international cooperative efforts like genomic sequencing, the world will continue suffering from mistakes made in this and future infectious disease outbreaks.

Guggenheim Investments Announces May 2022 Closed-End Fund Distributions

Retrieved on: 
Monday, May 2, 2022

Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.

Key Points: 
  • Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $252 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management, LLC (GPIM), Guggenheim Funds Distributors, LLC (GFD) and Guggenheim Partners Advisors, LLC (GPA).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

NuScale Power Signs Memorandum of Understanding with GS Energy, Doosan, and Samsung to Explore Small Modular Reactor Deployment

Retrieved on: 
Tuesday, April 26, 2022

NuScale Power LLC announced today it has signed a Memorandum of Understanding (MOU) with its partners, Samsung C&T Corporation (Samsung), Doosan Enerbility Co., Ltd. (Doosan), and GS Energy Corporation (GS Energy) to explore the deployment of NuScales VOYGR power plants.

Key Points: 
  • NuScale Power LLC announced today it has signed a Memorandum of Understanding (MOU) with its partners, Samsung C&T Corporation (Samsung), Doosan Enerbility Co., Ltd. (Doosan), and GS Energy Corporation (GS Energy) to explore the deployment of NuScales VOYGR power plants.
  • Along with financial support, Doosan, Samsung and GS Energy will lend their respective expertise to NuScale Power in areas such as component manufacturing, prior nuclear construction experience, and power plant operation.
  • The groundbreaking NuScale Power Module (NPM), a small, safe, pressurized water reactor, can generate 77 MWe of electricity and can be scaled to meet customer needs.
  • GS Energy currently has a largest private power generation company in Korea with a total power generation capacity of 5.7GW.

Offsite modular specialist Elements Europe appointed to work on a £100m central London project

Retrieved on: 
Monday, April 25, 2022

TELFORD, England, April 25, 2022 /PRNewswire/ --Offsite modular specialist Elements Europe has been appointed as the Main Contractor on a 100m central London hotel and office scheme.

Key Points: 
  • TELFORD, England, April 25, 2022 /PRNewswire/ --Offsite modular specialist Elements Europe has been appointed as the Main Contractor on a 100m central London hotel and office scheme.
  • The office space aims to achieve 'Excellent' BREEAM certification, underlining the project's sustainability credentials.
  • "We look forward to working with our partners in this prime, central London location, on this advanced scheme.
  • Elements Europe has considerable experience as a leading large scale modular manufacturing and construction company, having been founded over 17 years ago.

Goldman Sachs Asset Management Announces Share Repurchase Program For Goldman Sachs MLP and Energy Renaissance Fund

Retrieved on: 
Tuesday, April 19, 2022

Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (the Fund) (NYSE: GER) announced today that the Funds Board of Trustees has approved a share repurchase program for the Fund effective from May 15, 2022, through April 30, 2023.

Key Points: 
  • Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (the Fund) (NYSE: GER) announced today that the Funds Board of Trustees has approved a share repurchase program for the Fund effective from May 15, 2022, through April 30, 2023.
  • We expect the repurchase will be accretive to the Funds NAV and per share cash flow, said Portfolio Manager Kyri Loupis.
  • The Fund currently expects to concentrate its investments in the energy sector, with an emphasis on midstream MLP investments.
  • Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance.

BRAND NEW VISION LAUNCHES EXCLUSIVE FASHION WEARABLES NFT COLLECTION "THE FAMILY OF Gs" TO OFFER UNPARALLELED ACCESS TO ITS FASHION METAVERSE FOLLOWING CLOSE OF US$4M SERIES A LED BY ANIMOCA BRANDS

Retrieved on: 
Tuesday, April 19, 2022

With unparalleled perks and benefits for all holders, this inaugural collection offers a range of founder-level utility and exclusive access to BNV's quickly emerging digital fashion ecosystem.

Key Points: 
  • With unparalleled perks and benefits for all holders, this inaugural collection offers a range of founder-level utility and exclusive access to BNV's quickly emerging digital fashion ecosystem.
  • BNV unveils inaugural fashion wearables NFT collection "The Family of Gs" following Series A funding led by Animoca.
  • Brand New Vision Ltd is uniquely positioned to be the leading fashion NFT platform and gateway to the metaverse for fashion brands and designers.
  • MFAN will power BNV's fashion-first metaverse economy as well as a variety of communities in The Open Metaverse.

Fortress Information Security Receives $125 Million Strategic Investment from Goldman Sachs Asset Management

Retrieved on: 
Tuesday, April 19, 2022

ORLANDO, Fla., April 19, 2022 /PRNewswire/ -- Fortress Information Security (Fortress), the leading supply chain cybersecurity provider for critical industries, today announced that it received a $125 million strategic investment from funds managed by the Private Equity business within Goldman Sachs Asset Management (Goldman Sachs).

Key Points: 
  • ORLANDO, Fla., April 19, 2022 /PRNewswire/ -- Fortress Information Security (Fortress), the leading supply chain cybersecurity provider for critical industries, today announced that it received a $125 million strategic investment from funds managed by the Private Equity business within Goldman Sachs Asset Management (Goldman Sachs).
  • Goodwin Procter LLP acted as legal advisor, and Goldman Sachs & Co. LLC served as financial advisor to Goldman Sachs Asset Management.
  • Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.
  • Established in 1986, the Private Equity business within Goldman Sachs Asset Management has invested over $75 billion since inception.

Apollo Funds Complete Acquisition of Majority Stake in Novolex

Retrieved on: 
Wednesday, April 13, 2022

NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the Apollo Funds) have completed the acquisition of a majority stake in Novolex Holdings LLC (Novolex or the Company), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ: CG).

Key Points: 
  • NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the Apollo Funds) have completed the acquisition of a majority stake in Novolex Holdings LLC (Novolex or the Company), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ: CG).
  • Stan Bikulege, Novolex Chairman and CEO, said, Partnering with Apollo is a milestone for the entire Novolex family.
  • Rob Seminara, Partner at Apollo, said, We are pleased to have completed our investment in Novolex and are excited to partner to drive innovation and growth.
  • With more than 10,000 employee families, Novolex operates 57 manufacturing facilities in North America and Europe, including two world-class plastic film recycling centers.