All Ordinaries

Yieldstreet Announces Record-Breaking Year: $1B Invested, $600M Returned in 2022

Retrieved on: 
Thursday, January 19, 2023

Yieldstreet , a leading private market alternative investment platform, today announced its performance results for the 2022 calendar year.

Key Points: 
  • Yieldstreet , a leading private market alternative investment platform, today announced its performance results for the 2022 calendar year.
  • Key highlights from 2022 include:
    Yieldstreet’s members made $1B in investments on the platform in 20221 — the most ever invested in a single year.
  • By investing funds through Yieldstreet, members were able to access more private market alternative asset classes than via any other platform.
  • Click here for a deeper dive into Yieldstreet’s 2022 performance - and for more information about Yieldstreet’s historical performance since inception, click here .

Sage and Cebr Forecast US SMBs as a Jobs and Growth Engine, With SMBs Set to Employ Almost 45% of Business Workers by 2025

Retrieved on: 
Tuesday, January 10, 2023

Employment by United States SMBs is projected to grow by 0.6% and reach a record high of over 63.3 million jobs by 2025, making up 44.8% of all business workers.

Key Points: 
  • Employment by United States SMBs is projected to grow by 0.6% and reach a record high of over 63.3 million jobs by 2025, making up 44.8% of all business workers.
  • The study further outlines the role of SMBs in powering global economies, with the sector showing no signs of slowing.
  • By 2025, Cebr forecasts that the number of United States SMBs will grow by 36,000 and by nearly 1.2 million across the eight countries studied.
  • For example, in the US, employment by SMBs within this industry grew by 411,000 between 2010 and 2015.

Citi Global Wealth Investments Releases Outlook 2023: Roadmap to Recovery: Portfolios to Anticipate Opportunities

Retrieved on: 
Thursday, December 8, 2022

Citi Global Wealth Investments (CGWI) today released its Wealth Outlook 2023 (Outlook) report, titled Roadmap to Recovery: Portfolios to Anticipate Opportunities.

Key Points: 
  • Citi Global Wealth Investments (CGWI) today released its Wealth Outlook 2023 (Outlook) report, titled Roadmap to Recovery: Portfolios to Anticipate Opportunities.
  • Published twice yearly, Outlook provides in-depth insights into the global economy and financial markets for the year ahead and beyond.
  • Citi Global Wealth is an integrated wealth management platform that delivers a total wealth solution to clients across the wealth continuum.
  • Citi Global Wealth provides clients with a leading investment strategies platform, which delivers traditional and alternative investments, managed account strategies, best-in-class research and investment guidance for all clients.

CREFC Third-Quarter 2022 Survey Shows Fifth Consecutive Drop in Overall Sentiment on CRE Finance Markets

Retrieved on: 
Wednesday, November 9, 2022

CREFC's quarterly Sentiment Index is derived from the Board's responses to nine core questions on the state of the CRE finance market.

Key Points: 
  • CREFC's quarterly Sentiment Index is derived from the Board's responses to nine core questions on the state of the CRE finance market.
  • Overall sentiment dropped again, from 70.7 in 2Q 2022 to 61.4 in 3Q 2022, a decline of 13%.
  • This is the fifth consecutive decline and follows a 12% drop in overall sentiment last quarter.
  • CREFC's BOG Sentiment Index aims to gauge quarter-to-quarter shifts in market conditions for the CRE finance market and the outlook for the future.

HighVista Strategies Closes Opportunistic Private Credit Fund II

Retrieved on: 
Monday, November 7, 2022

HighVista Strategies, LLC (HighVista) announced the final close of its HighVista Opportunistic Private Credit Fund II LP (Fund II).

Key Points: 
  • HighVista Strategies, LLC (HighVista) announced the final close of its HighVista Opportunistic Private Credit Fund II LP (Fund II).
  • HighVista closed on $450mm of capital for Fund II and related entities, exceeding the target for the fundraise.
  • Continuing with the strategy that HighVista pursued in its predecessor credit fund, Fund II will take a multi-strategy approach and invest in real estate-backed credits, corporate credits, and uncorrelated credit opportunities.
  • Strategies include opportunistic private credit and equity, biotechnology, and multi-strategy alternatives.

Introducing XAO – The Ultimate Revolutionary DeFi Ecosystem

Retrieved on: 
Thursday, November 3, 2022

Expressing the vision for this breakthrough initiative, the founders of XAO declare: Our ultimate mission is to bring the power of decentralisation in the hands of the users by clustering the key components of a DeFi ecosystem in a single landscape.

Key Points: 
  • Expressing the vision for this breakthrough initiative, the founders of XAO declare: Our ultimate mission is to bring the power of decentralisation in the hands of the users by clustering the key components of a DeFi ecosystem in a single landscape.
  • XXAO is the native utility token utilised across the whole XAO ecosystem of sophisticated DeFi products and services, including multichain DEX, Swaps, Staking, Farms, LP's, Crypto Derivatives Trading, Lending, P2E Games, DeFi Lottery, and DeFi Liquidity Aggregator.
  • Serving as the exclusive denominator for XAO members, the XaoPass NFT Card that grants its owners access to various unique features, prizes, and discounts that can be redeemed across the XAO ecosystem.
  • For those courageous enough to engage with the XAO ecosystem, check out their digital channels to learn more about XAOs unique mission:

EQS-News: Employers turn to freelancers to fill tech skill shortages following global layoffs, reports Freelancer.com

Retrieved on: 
Monday, October 17, 2022

Employers turn to freelancers to fill tech skill shortages following global layoffs, reports Freelancer.com

Key Points: 
  • Employers turn to freelancers to fill tech skill shortages following global layoffs, reports Freelancer.com
    The issuer is solely responsible for the content of this announcement.
  • According to a tech layoff tally, more than 42,000 workers in the U.S. tech sector lost their jobs in 2022.
  • The macroeconomic environment, tech winter and nosebleed inflation has led to an almost daily string of announcements of layoffs.
  • Overvaluations and dropping stock prices have caused mass hiring freezes and layoffs across the tech companies globally in 2022.

Former Bridgewater Executive Launches “Unlimited” to Bring Alternative Investment Strategies to Investors Without the High Fees

Retrieved on: 
Tuesday, October 11, 2022

NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bob Elliott, former member of the Investment Committee at Bridgewater Associates, today announced the launch of Unlimited , a new investment firm purpose-built to give all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications.

Key Points: 
  • NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bob Elliott, former member of the Investment Committee at Bridgewater Associates, today announced the launch of Unlimited , a new investment firm purpose-built to give all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications.
  • After spending many years in the hedge fund industry, weve identified that investors are either ill-served by exorbitant fees in the asset class or are unable to access such exclusive strategies, said Mr. Elliott.
  • Investors facing a period of high volatility and uncertainty are increasingly looking for investments that will diversify their portfolios to help weather varied market conditions.
  • He has built innovative investment strategies for over two decades, most recently as a member of the Investment Committee at Bridgewater Associates, LP, the worlds largest hedge fund.

LSTA Promotes Executive Legal Team to Support Management of Regulatory Activity in the Loan Market

Retrieved on: 
Monday, October 3, 2022

The LSTA , the trade association for the corporate loan market in the United States, today announced the promotion of three legal executives to pave the way for increased support of regulatory activity in the loan market.

Key Points: 
  • The LSTA , the trade association for the corporate loan market in the United States, today announced the promotion of three legal executives to pave the way for increased support of regulatory activity in the loan market.
  • We are fortunate at the LSTA to have such an outstanding group of industry professionals on our executive legal team, said LSTA Executive Director Lee Shaiman.
  • She has been a key member of the LSTA legal team since joining in 2010.
  • Since 1995, the Loan Syndications and Trading Association (LSTA) has been the industrys premier platform for all participants in the rapidly evolving syndicated lending market.

SVPGlobal Adds Senior Team Members to Strengthen Investor Relations Efforts

Retrieved on: 
Wednesday, September 21, 2022

GREENWICH, Conn., Sept. 21, 2022 /PRNewswire/ -- Strategic Value Partners, LLC (together with its affiliates, "SVPGlobal"), a global investment firm focused on private credit opportunities with approximately $17 billion of assets under management, today announced several senior appointments to its North American Investor Relations team, including Greg Lawton as Co-Head of Investor Relations, Seth Healy as Managing Director and Liz Bruce as Head of Communications and Brand. SVPGlobal also named Tom Tull as a Senior Advisor. Mr. Lawton, Mr. Healy and Ms. Bruce will serve on SVPGlobal's Management Council. In addition, the firm announced plans to open a new office in Los Angeles to better serve clients and source investment opportunities on the West Coast.

Key Points: 
  • Greg Lawton will lead the Investor Relations team in the U.S. and focus on deepening the firm's engagement with investors across North America.
  • He joins SVPGlobal from Crescent Capital Group, where he was the Co-Head of Investor Relations, leading capital development and fundraising activities as well as managing strategic relationships with institutional investors.
  • As a Senior Advisor, Mr. Tull will work closely with SVPGlobal's Investor Relations team on increasing the firm's connectivity and brand with U.S. based institutional investors and consultants.
  • Their experience and relationships reflect our commitment to maintaining a best-in-class Investor Relations function to serve our clients and develop new relationships globally," said Victor Khosla, Founder and CIO of SVPGlobal.