The Glover Park Group

WPP Welcomes KKR as Strategic Partner in FGS Global

Retrieved on: 
Tuesday, April 11, 2023

WPP (NYSE: WPP) today announces that leading global investment firm KKR has made a growth investment in FGS Global, the strategic advisory and communications consultancy in which WPP is a majority shareholder.

Key Points: 
  • WPP (NYSE: WPP) today announces that leading global investment firm KKR has made a growth investment in FGS Global, the strategic advisory and communications consultancy in which WPP is a majority shareholder.
  • Following the investment from KKR, WPP will remain the majority owner of the company, and FGS Global employees will remain substantial shareholders.
  • We are delighted to welcome KKR as a new strategic partner in FGS Global, in a transaction that recognises the tremendous value of the business and its potential for continued strong growth.”
    Philipp Freise, Partner at KKR, said: “WPP and FGS Global have built an exceptional communications advisory firm.
  • Stakeholder engagement is a boardroom issue and we are today establishing a powerful strategic partnership between WPP and KKR to support FGS Global as they continue on their path to building an industry-defining global business.”
    Alex Geiser, Global CEO of FGS Global, said: “We are thrilled to be joined by KKR as a strategic partner on our journey to create the world leader in strategic advisory and communications.

KKR Invests in Leading Strategic Advisory and Communications Firm, FGS Global

Retrieved on: 
Tuesday, April 11, 2023

KKR today announced an agreement to make a growth investment in leading strategic advisory and communications firm, FGS Global (the “Company”).

Key Points: 
  • KKR today announced an agreement to make a growth investment in leading strategic advisory and communications firm, FGS Global (the “Company”).
  • Golden Gate Capital, an FGS shareholder since 2016, will exit its investment through the sale of its interest to KKR.
  • FGS is a leader in all aspects of strategic advisory and communications, including corporate reputation, crisis management, government affairs and is a leading advisor on business-critical financial communications worldwide.
  • The FGS investment follows a similar thematic pursued when KKR invested in ERM, the world’s largest global pure play sustainability consultancy, in 2021.

Fintech Platform Ethic Raises $50 Million in Series C Funding

Retrieved on: 
Wednesday, September 14, 2022

NEW YORK, Sept. 14, 2022 /PRNewswire-PRWeb/ -- Ethic, the tech-driven asset management platform that powers personalization for financial intermediaries, today announced that it has closed a $50 million Series C funding round led by the Jordan Park Group ("Jordan Park"). The round also saw participation from UBS through the firm's venture and innovation unit, UBS Next, as well as from existing investors including Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund and Kapor Capital.

Key Points: 
  • Round sees participation from Jordan Park Group, UBS, and other backers
    NEW YORK, Sept. 14, 2022 /PRNewswire-PRWeb/ -- Ethic , the tech-driven asset management platform that powers personalization for financial intermediaries, today announced that it has closed a $50 million Series C funding round led by the Jordan Park Group ("Jordan Park").
  • This new capital will support Ethic's ambitious growth plans, including expansion into new markets and products, and continued investments in its platform experience.
  • Ethic offers a customized alternative to one-size-fits-all fund structures and has been a vocal advocate for greater transparency in the sustainable investing landscape.
  • Ethic has grown rapidly since its Series B raise in 2021, surpassing $2 billion in assets and expanding its team headcount by more than 70 percent.

Matter Health Raises $35 Million in Series A to Solve Health Crisis at Home for Older Adults

Retrieved on: 
Wednesday, June 29, 2022

Matter Health today announced a $35 million Series A financing led by the Jordan Park Group , helping further a remarkable new model of primary care focused on solving the health crisis at home for older adults.

Key Points: 
  • Matter Health today announced a $35 million Series A financing led by the Jordan Park Group , helping further a remarkable new model of primary care focused on solving the health crisis at home for older adults.
  • Clinics offer holistic, preventative primary care to older adults who qualify for both Medicare and Medicaid.
  • The barriers to holistic healthcare are plentiful for older adults in affordable communities.
  • Our mission with Matter Health is to solve this problem, said Mason Mercy, Co-Founder and CEO of Matter Health.

Palladian Partners, an Altarum Company, Taps Jason Young as Its Next President

Retrieved on: 
Monday, May 9, 2022

Today Altarum, a nonprofit organization focused on advancing the health of individuals with fewer financial resources and populations disenfranchised by the health care system, announces Jason Young as president of its subsidiary, Palladian Partners.

Key Points: 
  • Today Altarum, a nonprofit organization focused on advancing the health of individuals with fewer financial resources and populations disenfranchised by the health care system, announces Jason Young as president of its subsidiary, Palladian Partners.
  • Palladian is a health-focused strategic communications and marketing firm of 130 professionals that is based in Silver Spring, Maryland.
  • Jason is a proven communications and marketing leader who brings a collaborative approach and an inclusive mindset to all his work.
  • I am confident that Jason will take Palladian and its clients to the next level of success.

Parkopedia and APCOA PARKING Group Partner to Enable Digital Parking Services of the Future

Retrieved on: 
Tuesday, March 29, 2022

LONDON and STUTTGART, Germany, March 29, 2022 /PRNewswire/ --  Leading connected vehicle services provider Parkopedia has partnered with APCOA PARKING Group, Europe's leading parking operator, to deliver automated, seamless digital parking payments that drivers now expect from within their vehicles.

Key Points: 
  • Parkopedia and APCOA previously collaborated as part of Mercedes-Benz's Intelligent Park Pilot for the S-Class, enabling reservations and parking payments for vehicles parked using Autonomous Valet Parking (AVP) technology.
  • Hans Puvogel, Chief Operating Officer at Parkopedia, added: "Our partnership with APCOA is a huge step forward for driver convenience technology and mobility services.
  • Together, we will meet the demand for digital and automated parking services and provide lasting positive parking experiences across the continent."
  • Parkopedia is also developing highly detailed parking maps and corresponding algorithms to help drivers and self-driving vehicles navigate to an open parking space indoors.

Macquarie Asset Management Completes Acquisition of Central Park Group

Retrieved on: 
Monday, March 14, 2022

Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Central Park Group, LLC, an independent investment advisory firm that specializes in institutional-quality alternative investment strategies for high-net-worth investors.

Key Points: 
  • Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Central Park Group, LLC, an independent investment advisory firm that specializes in institutional-quality alternative investment strategies for high-net-worth investors.
  • The entire Central Park Group team is excited to continue this work at Macquarie Asset Management and expand the breadth and depth of best of breed offerings for high-net-worth investors.
  • Central Park Group has decades-long relationships with many of the worlds leading alternative investment managers, said Mitchell Tanzman, Co-CEO, Co-CIO of Central Park Group.
  • Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity, and commodities.

Pretium Appoints Jocelyn Moore to Lead Corporate Affairs

Retrieved on: 
Thursday, February 3, 2022

NEW YORK, Feb. 3, 2022 /PRNewswire/ --Pretium, a specialized investment firm with approximately $40 billion in assets, today announced the appointment of Jocelyn Moore as a Senior Managing Director to lead corporate affairs.

Key Points: 
  • NEW YORK, Feb. 3, 2022 /PRNewswire/ --Pretium, a specialized investment firm with approximately $40 billion in assets, today announced the appointment of Jocelyn Moore as a Senior Managing Director to lead corporate affairs.
  • Ms. Moore brings over two decades of corporate advisory, strategic communications, and public policy experience across multiple disciplines.
  • Previously, Ms. Moore was Executive Vice President of Communications and Public Affairs at the National Football League.
  • As the NFL's Chief Communications Officer, she was a member of the executive leadership team and oversaw corporate affairs at the 100-year-old professional sports league, including football communications, strategic communications, corporate communications, public policy and government affairs, and corporate social responsibility.

Finsbury Glover Hering and Sard Verbinnen & Co to Merge, Creating Global Strategic Communications Leader

Retrieved on: 
Wednesday, October 13, 2021

Over the past three decades, both Finsbury Glover Hering and SVC have built impressive reputations advising clients during their most significant transformational events.

Key Points: 
  • Over the past three decades, both Finsbury Glover Hering and SVC have built impressive reputations advising clients during their most significant transformational events.
  • WPP will convert its existing loan note in Finsbury Glover Hering into shares in Finsbury Glover Hering, and all shares in Finsbury Glover Hering held by WPP and by employee shareholders (the Finsbury Glover Hering Managers) will then be exchanged for new shares in Newco.
  • Finsbury Glover Hering is a global strategic communications advisory firm, headquartered in New York with over 800 multidisciplinary experts across the worlds major financial, government, business and cultural centers.
  • The company was formed through the merger of leading strategic communications consultancies Finsbury, The Glover Park Group and Hering Schuppener in January 2021.

Finsbury Glover Hering and Sard Verbinnen & Co to Merge, Creating Global Strategic Communications Leader

Retrieved on: 
Wednesday, October 13, 2021

Finsbury Glover Hering and Sard Verbinnen & Co (SVC) today announced a merger to create the worlds leading strategic communications firm advising clients in navigating critical opportunities and challenges.

Key Points: 
  • Finsbury Glover Hering and Sard Verbinnen & Co (SVC) today announced a merger to create the worlds leading strategic communications firm advising clients in navigating critical opportunities and challenges.
  • Finsbury Glover Hering Global Co-Chairmen Roland Rudd and Carter Eskew said: Our clients operate in an increasingly complex world with diverse stakeholder interests.
  • Finsbury Glover Hering is a global strategic communications advisory firm, headquartered in New York with over 800 multidisciplinary experts across the worlds major financial, government, business and cultural centers.
  • The company was formed through the merger of leading strategic communications consultancies Finsbury, The Glover Park Group and Hering Schuppener in January 2021.