Opportunity Fund

Donald Quintin Named Chief Executive Officer and Global President of Lone Star

Retrieved on: 
Monday, April 8, 2024

Lone Star has announced to its Limited Partners and employees that Donald Quintin has been appointed Chief Executive Officer and Global President of Lone Star.

Key Points: 
  • Lone Star has announced to its Limited Partners and employees that Donald Quintin has been appointed Chief Executive Officer and Global President of Lone Star.
  • Mr. Quintin joined Lone Star in 2010 and has served in multiple leadership positions, most recently as President of Opportunity Funds overseeing the origination and operations of the Opportunity Fund and the Residential Mortgage Fund strategies.
  • Prior to joining Lone Star, Mr. Quintin was a Managing Director at Merrill Lynch and managed various businesses and legacy portfolios.
  • Lone Star is a global private equity firm that invests in real estate, corporate equity, credit and other financial assets.

Marcelo Claure to Co-Lead and Co-Own Open Opportunity Fund in Partnership with Paul Judge

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Open Opportunity Fund, a venture capital fund dedicated to funding Black- and Latino-founded technology companies, is announcing two significant advancements within the fund.

Key Points: 
  • Marcelo Claure, a technology entrepreneur and investor, is returning to the Open Opportunity Fund as Vice Chairman and General Partner.
  • In less than three years, SoftBank successfully incubated the Opportunity Fund and deployed the initial $100 million into 75 Black- and Latino-led companies.
  • In addition, Claure joins Open Opportunity Fund Chairman, Paul Judge, in the previously announced agreement to acquire an ownership stake in the $100 million Opportunity Fund 1 portfolio from SoftBank.
  • Open Opportunity Fund aims to double in size, raising Fund 2 to a $200 million fund open to LPs and other investors.

Statement by the Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera during National Disability Employment Awareness Month

Retrieved on: 
Thursday, October 19, 2023

GATINEAU, QC, Oct. 19, 2023 /CNW/ - The Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera, today issued the following statement:

Key Points: 
  • GATINEAU, QC, Oct. 19, 2023 /CNW/ - The Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera, today issued the following statement:
    October is National Disability Employment Awareness Month, a time we take to acknowledge the importance of ensuring accessibility in workplaces and the inclusion of persons with disabilities in the Canadian workforce.
  • This highlights the underrepresentation of persons with disabilities in the Canadian workforce, with only 59% of those aged 25-64 being employed, compared to 80% of working-age persons without disabilities.
  • I encourage all Canadians to join me in raising awareness about accessibility and disability inclusion in their own communities and workplaces.
  • The Government of Canada is committed this month and every other month to fostering a more inclusive Canada, where everyone can participate fully and equally.

PayPal Announces Investments to Advance Economic Empowerment for Women and Girls

Retrieved on: 
Wednesday, October 18, 2023

The investments are part of PayPal's 2021 $108 million commitment under the UN Generation Equality Forum to advance financial inclusion and economic empowerment for women and girls.

Key Points: 
  • The investments are part of PayPal's 2021 $108 million commitment under the UN Generation Equality Forum to advance financial inclusion and economic empowerment for women and girls.
  • They are the first of the company's forthcoming $100 million in capital investments into funds and other initiatives that are led by women or focused on serving women.
  • In addition to these investments, PayPal continues to advance several pillars of its $108 million commitment through key partnerships.
  • PayPal employees have long supported women entrepreneurs around the globe through the Cherie Blair Foundation for Women 's "Mentoring Women in Business" program.

CFPDP to Celebrate Latest Inductees at 30th Annual Canadian Disability Hall of Fame Induction Luncheon

Retrieved on: 
Wednesday, October 11, 2023

The official ceremony will take place on Friday, Oct. 13, 2023 at the Fairmont Royal York Hotel in Toronto during the 30th Annual Canadian Disability Hall of Fame Induction Luncheon presented by CIBC.

Key Points: 
  • The official ceremony will take place on Friday, Oct. 13, 2023 at the Fairmont Royal York Hotel in Toronto during the 30th Annual Canadian Disability Hall of Fame Induction Luncheon presented by CIBC.
  • The Canadian Disability Hall of Fame was founded in 1994 by the Canadian Foundation for Physically Disabled Persons (CFPDP).
  • Canadian Disability Hall of Fame at Metro Hall, Toronto
    “The Canadian Disability Hall of Fame was established to honour excellence, commemorate role models and celebrate exceptional contributions that significantly improve the lives of people with physical disabilities,” said The Honourable Vim Kochhar, Founding Chair of CFPDP.
  • “Led by a dedicated Selection Board, the Canadian Disability Hall of Fame has highlighted achievements and abilities for three decades.

Statement by Minister Khera on World Sight Day

Retrieved on: 
Thursday, October 12, 2023

GATINEAU, QC, Oct. 12, 2023 /CNW/ - The Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera, issued the following statement today on World Sight Day:

Key Points: 
  • GATINEAU, QC, Oct. 12, 2023 /CNW/ - The Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera, issued the following statement today on World Sight Day:
    "Today on World Sight Day, I am proud to join with the global community in raising awareness about the importance of eye care and visual accessibility in the workplace.
  • It is estimated that 5.4% of Canadians over 15 have a visual impairment.
  • And unfortunately, the employment rates of persons with disabilities are much lower than those of Canadians without disabilities, due to the persisting lack of disability accommodation in workplaces.
  • When persons with disabilities have equal opportunities to fully participate and contribute to their communities and workplaces, we all benefit from a stronger, more diverse and inclusive Canada."

7wireVentures Launches $217+ Million Growth & Opportunity Fund

Retrieved on: 
Tuesday, October 3, 2023

7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.

Key Points: 
  • 7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.
  • The closing of the $217 million GO Fund brings the Firm’s AUM to over $500M.
  • Joined by Partners Robert Garber and Alyssa Jaffee , 7wireVentures provides a unique array of sector and operational experience, and deep industry relationships driving enhanced growth across the Firm’s portfolio.
  • “We are excited to announce the successful closing of our new Growth & Opportunity Fund – affirming investors’ continuing belief in our consumer-driven digital health approach,” said Managing Partner, Glen Tullman.

500 Global Brings Policy, Tech and Venture Capital Together for the Next Decade of Innovation

Retrieved on: 
Monday, September 25, 2023

The future of venture capital asks stakeholders to become more active in designing strategies and policies that ignite social and economic value.

Key Points: 
  • The future of venture capital asks stakeholders to become more active in designing strategies and policies that ignite social and economic value.
  • During the event, 500 Global will unveil its new research, the 500 Global Rise Report, which presents a blueprint for innovation in emerging and established markets alike.
  • “Achieving the Silicon Valley dream doesn't mean following the same playbook,” said Courtney Powell, COO and Managing Partner at 500 Global.
  • Rise of the Next Global Companies: Explore the acceleration of startup activity worldwide and the rise of global unicorns.

Uniting for Inclusion: Waves Coffee, Joe's Table, and Individuals with Disabilities in the Workplace

Retrieved on: 
Tuesday, August 1, 2023

Together, they aim to provide meaningful employment opportunities, matching each person's unique skills with tasks that lead to personal and professional growth.

Key Points: 
  • Together, they aim to provide meaningful employment opportunities, matching each person's unique skills with tasks that lead to personal and professional growth.
  • Central to this partnership is the shared belief that a coffee house should serve as the heart of a community, fostering connections among all its members.
  • By collaborating, these organizations aim to offer a transformative opportunity for individuals seeking to enhance their communication and social skills, ultimately empowering them in the workplace.
  • The program aims to train and empower 30 individuals within one year, primarily focusing on fostering job opportunities at Waves Coffee Houses.

Elevating Success: BGV Breaks the VC Mold by Turning Diversity into a Competitive Advantage

Retrieved on: 
Thursday, July 6, 2023

These promotions signify BGV's commitment to nurturing outstanding and diverse talent, driving innovation, and expanding its reach across global markets.

Key Points: 
  • These promotions signify BGV's commitment to nurturing outstanding and diverse talent, driving innovation, and expanding its reach across global markets.
  • Yash holds board positions with category leaders Folloze, Macrometa, BoostUp and AiDash, as well as up and coming startups Tagnos, Stack Identity and Essenvia.
  • Yash also leads Arka Venture Labs, the premier US-India cross border pre-seed fund dedicated to scaling Indian B2B startups.
  • She sits on the boards of Flytrex and Kardinal.ai, and works with BGV portfolio companies Zelros and Madkudu.