Special-purpose entity

ILUS Acquires the Majority Stake of Samsara Luggage, Inc.

Retrieved on:

Wednesday, January 10, 2024

Special-purpose entity, Eye, SAML, Social media, NRS, FINRA, OTC, ERT, Acquisition, Mergers and acquisitions, REV, LTD, Growth, Security (finance)

The company confirms that is has acquired the controlling interest in the SEC Reporting OTC listed company, Samsara Luggage, Inc. (OTC: SAML).

Key Points:

The company confirms that is has acquired the controlling interest in the SEC Reporting OTC listed company, Samsara Luggage, Inc. (OTC: SAML).
On January 3, 2024, ILUS acquired a convertible note from YAII PN, LTD with outstanding principal and accrued interest of $600,684.93.
On January 5, 2024, ILUS converted the note into 150,753,425 shares of common stock in SAML pursuant to the terms of the exchange note which was filed in ILUS’ Schedule 13D.
As a result of the conversion, as of January 5, 2024, ILUS acquired control of 91.5% of the outstanding shares in SAML.

Atlendis Labs and Cicada Partners Open First Private Asset-Backed Line of Credit to Fluna

Retrieved on:

Tuesday, December 12, 2023

Atlendis Labs and Cicada Partners announced the launch of Asset-Backed Lines of Credit (ABLOC) to Fluna , a U.S.-based Trade Finance-focused Fintech.

Key Points:

Atlendis Labs and Cicada Partners announced the launch of Asset-Backed Lines of Credit (ABLOC) to Fluna , a U.S.-based Trade Finance-focused Fintech.
This milestone marks the official launch of the Private Asset-Backed Strategy following the strategic partnership announcement in November.
Fluna's new credit facility will leverage the latest version of Atlendis' DeFi Protocol, enhancing both flexibility and efficiency.
The partners are committed to providing secure and accessible financial products in the DeFi space,” said Alexis Masseron, Co-Founder & CEO of Atlendis Labs.

Crystal Capital Partners Named Alternative Investments Platform of the Year by Wealth Solutions Report

Retrieved on:

Tuesday, December 13, 2022

Registered investment adviser, SPV, Irish Section 110 Special Purpose Vehicle (SPV), Partnership, RIAS, Special-purpose entity, IBD, Investment, Growth, QP, AUM, Crystal, Website, Financial adviser

MIAMI, Dec. 13, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, was named a winner of a Wealth Solutions Report Exemplar Award, a recognition of the best firms in wealth management. An industry leader offering a streamlined institutional alternative investment platform, Crystal was recognized as one of three firms playing a critical role in delivering a wide range of funds to wealth management firms, including independent broker-dealers and RIAs.

Key Points:

MIAMI, Dec. 13, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, was named a winner of a Wealth Solutions Report Exemplar Award , a recognition of the best firms in wealth management.
Steven Brod, CEO of Crystal Capital Partners, said, "We are honored to be recognized as one of the leading Alternative Investments Platforms of the Year by Wealth Solutions Report.
Wealth Solutions Report noted Crystal has built robust partnerships with more than 200 advisory firms while achieving 20% AUM growth over the past two years.
Crystal Capital Partners is a turn-key alternative investment platform, providing financial advisors with exposure to third-party institutional private market and hedge funds for their clients' portfolios.

Crystal Capital Partners Deepens Partnership With Advisory Network

Retrieved on:

Friday, December 2, 2022

Sale, SPV, RIA, HNW, Special-purpose entity, Investment, QP, Education, AUM, Irish Section 110 Special Purpose Vehicle (SPV), Financial services, Financial adviser, Risk management, Crystal

MIAMI, Dec. 2, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, today announced the outcome of highly productive partnerships with several advisory firms in its network.

Key Points:

MIAMI, Dec. 2, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, today announced the outcome of highly productive partnerships with several advisory firms in its network.
With partner firms, Crystal showcased alternative investments and demonstrated the power of its integrated platform before industry audiences across a series of in-person events and conferences this quarter.
Steven Brod, CEO of Crystal Capital Partners, concluded, "As advisors increasingly turn to alternative investments for diversification and uncorrelated returns, we are committed to supporting their business development and client education efforts, at the point of sale and well beyond.
We look forward to our next gathering, and future opportunities to connect with the community of independent financial advisors and wealth managers."

Assure Analytics Releases Groundbreaking State of the SPV Report

Retrieved on:

Thursday, June 16, 2022

Special-purpose entity, Industry, Republic, KYC/AML, Tech Coast Angels, CEO, Forge, SALT, ERA, Irish Section 110 Special Purpose Vehicle (SPV), Ecosystem, SPV, Accreditation, VCS, Financial services, Assurant

SALT LAKE CITY, June 16, 2022 /PRNewswire/ -- Assure Analytics today announced the availability of its inaugural State of the Special Purpose Vehicle (SPV) Report, an aggregation of millions of data points across private markets which are then analyzed to create relevant insights that are unavailable elsewhere in the industry. This unique acumen enables the global financial industry to make more informed, data-based private investment decisions.

Key Points:

Assure Analytics is the business intelligence unit of Assure , the leading provider of SPVs.
"Assure is helping to democratize investing in private assets," said Jeremy Neilson, CEO and co-founder of Assure.
Top findings from the 2022 State of the SPV Report include:
Over the past six years, the median SPV size has almost doubled while the average investment has more than tripled
SPVs put capital to work and make investor distributions fast.
The time to 1st investment is 43 days, and the time to 1st distribution is 2.3 years
Thefull 2022 State of the SPV Report includes more information on these and other findings.

CEA International LLP Advises GMEX Group on its Investment Round Led by Burkhan’s Tempus Network

Retrieved on:

Friday, May 6, 2022

CEA International LLP (CEAI) acting as advisor to GMEX Group Limited (GMEX) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount.

Key Points:

CEA International LLP (CEAI) acting as advisor to GMEX Group Limited (GMEX) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount.
CEA International LLP is the London based subsidiary of US-headquartered CEA Group (CEA), a leading technology investment banking and advisory firm, providing transaction advice to the worlds top entrepreneurs and founders.
Karima Serageldin, Managing Director in CEA International LLP, has known the GMEX management team since 2010 having previously been engaged as an advisor, and is representing GMEX Group Limited on the transaction.
Tempus USA Inc. (Tempus Network), a wholly-owned subsidiary of Burkhan World Investments (Burkhan) announced on Tuesday that it has agreed terms to lead the institutional investment round into GMEX Group Limited (GMEX Group or GMEX), a leader in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure.

Special Purpose Vehicle Management Platform Launches to Simplify and Accelerate Investment Deals

Retrieved on:

Tuesday, March 15, 2022

Irish Section 110 Special Purpose Vehicle (SPV), SPV, Treasury, Frustration, Risk, Special-purpose entity, Company, LinkedIn, McKinsey & Company, Financial services, Syndicated loan

MANCHESTER, N.H., March 15, 2022 /PRNewswire-PRWeb/ -- Syndicately, the Special Purpose Vehicle (SPV) management solution for family offices, venture capitalists, angel investors, and entrepreneurs, today unveils Syndicately.com , a tech-enabled platform that simplifies, secures, and accelerates investment deals.

Key Points:

MANCHESTER, N.H., March 15, 2022 /PRNewswire-PRWeb/ -- Syndicately, the Special Purpose Vehicle (SPV) management solution for family offices, venture capitalists, angel investors, and entrepreneurs, today unveils Syndicately.com , a tech-enabled platform that simplifies, secures, and accelerates investment deals.
With this launch, Syndicately enters the private investment market to empower the next generation of investors with a seamless, transparent method of pooling and deploying capital.
"From onboarding to exit, Syndicately delivers a hassle-free method of setting up and managing investment deals that is easy to personalize and repeat."
"Syndicately is on a mission to make private investment deals more straightforward and efficient than ever before," added Ross Andrews, Company Co-Founder.

Yuexiu REIT Proposes to Acquire Yuexiu Financial Tower

Retrieved on:

Tuesday, October 26, 2021

Yuexiu REIT proposes to acquire, from the Vendor, Yuexiu Financial Tower, a top-tier international Grade A office building as such structures become increasingly scarce in the Core Business District of Guangzhou Zhu Jiang New Town ("ZJNT").

Key Points:

Yuexiu REIT proposes to acquire, from the Vendor, Yuexiu Financial Tower, a top-tier international Grade A office building as such structures become increasingly scarce in the Core Business District of Guangzhou Zhu Jiang New Town ("ZJNT").
Based on the superior conditions of Yuexiu Financial Tower, there appears to be further room for rent to rise.
Yuexiu Financial Tower and Yuexiu REIT's Guangzhou International Finance Center ("GZIFC") are in close proximity to each other, which enables Yuexiu REIT Asset Management Limited, the Manager to leverage its experience and existing resources to realize synergies.
Yuexiu Real Estate Investment Trust ("Yuexiu REIT", HKEX stock code: 00405) was listed on the Stock Exchange of Hong Kong Limited on 21 December 2005.

Assure Leads Industry-Wide Surge in SPV Deals, Closing more than 1,000 SPV Deals in First Half of 2021

Retrieved on:

Wednesday, July 28, 2021

Other Professional Services, Legal, Insurance, Finance, Banking, Small business, Accounting, Professional services, Corporate finance, SPV, Corporate tax avoidance, Economy of the Republic of Ireland, Tax avoidance, Special-purpose entity, Offshore finance, Taxation in the Republic of Ireland, Economy, Articles

Assure announced today that in June 2021, the company surpassed 1,000 SPV (special purpose vehicle) deals closed for 2021.

Key Points:

Assure announced today that in June 2021, the company surpassed 1,000 SPV (special purpose vehicle) deals closed for 2021.
To date, Assure has helped entrepreneurial investors establish and manage more than 10 times as many SPVs as its nearest rival.
Assure closed a daily average of 1.9 SPV deals in the first six months of 2020, and 2.7 per day for all of 2020.
For the first six months of 2021, Assures daily average of SPV deals closed has jumped to 5.7.

KBRA Assigns Preliminary Ratings to GCI Funding I LLC, Series 2020-1

Retrieved on:

Monday, October 19, 2020

Professional services, Finance, Finance, United States housing bubble, Money, Credit risk, Debt, Securitization, GCI, KBRA, Credit rating agency, Special-purpose entity, Economy

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to the 2020-1 Class A and Class B Notes issued by GCI Funding (the Issuer), a container leasing securitization.

Key Points:

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to the 2020-1 Class A and Class B Notes issued by GCI Funding (the Issuer), a container leasing securitization.
The GCI Funding I LLC master trust is designed to allow a special purpose entity and wholly owned subsidiary of Global Container International, LLC (GCI) to issue multiple series of notes.
The Series 2020-1 will be the first series issued out of this trust.
The Series 2020-1 securitization includes a $232.79 million senior class (Class A) and a $11.79 million subordinate class (Class B).