CWC

AlTi Tiedemann Global Closes Previously Announced Constellation Wealth Capital Investment

Retrieved on: 
Wednesday, March 27, 2024
Asset Management, Professional Services, Finance, Constellation, Common stock, Multimedia, Investment, CWC, Security (finance)

AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital (“CWC”).

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital (“CWC”).
  • CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, has made an initial investment of $115 million in AlTi, as part of the previously announced strategic investment of up to $450 million from Allianz X and CWC.
  • View the full release here: https://www.businesswire.com/news/home/20240327526461/en/
    AlTi will use the capital principally to fund its mergers and acquisitions pipeline and organic growth activities.
  • In the event AlTi delivers such notice, CWC will also receive warrants to purchase 466,667 shares of Class A Common Stock.

Confluent Unveils Tableflow to Unite Analytics and Operations with Data Streaming

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Data Management, Data Analytics, Apps, Applications, Technology, Software, Networks, Cloud, Microsoft, Azure, Microsoft Azure, Organization, Software as a service, Data, ServiceNow, Superblock, Central nervous system, Connect, Salesforce, Confluence, IDC, Table, SLA, AWS, Ecosystem, Apache Kafka, SingleStore, Workload, Flink, GMT, CFLT, Squid, CWC, Video game

Confluent Tableflow easily transforms Apache Kafka® topics and the associated schemas to Apache Iceberg® tables with a single click to better supply data lakes and data warehouses.

Key Points: 
  • Confluent Tableflow easily transforms Apache Kafka® topics and the associated schemas to Apache Iceberg® tables with a single click to better supply data lakes and data warehouses.
  • The analytical estate includes data warehouses, data lakes, and analytics engines that power analytics and decision-making and use data streams and historical tables to run queries and different analytical functions.
  • Connectors address the challenges of traditional data architectures that can silo data, decrease data quality, and lead to unplanned downtime.
  • Schema Registry is a crucial component for governing data streams, helping teams enforce universal data standards to ensure data quality and data consistency while reducing operational complexity.

SJW Group Announces 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
Utilities, Energy, Water supply, PUCT, WCMA, Weather, GRC, Interest, Growth, Sale, Ombudsman, Cost of capital, Webcast, PFAS, Tax, Workforce, File, MWC, PURA, Groundwater, CWC, Security (finance), EPS, SIC, Newsweek, Water, Depreciation, WCCM, Index, Public expenditure, CPUC, COC, SJW Group, Insurance, Acquisition, SJW, TWC, Social, Public utilities commission, Elmridge, Drinking water, Saco River

SJW Group (NYSE: SJW) today reported financial results for 2023.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for 2023.
  • “With a strong fourth quarter, our 2023 financial results and operating performance exceeded expectations and the initial earnings per share guidance we set for SJW Group at this time last year,” stated SJW Group Chair, CEO, and President, Eric W. Thornburg.
  • In 2023 SJW Group invested $272 million in infrastructure and water supply, which exceeded our 2023 capital expenditures guidance of $255 million.
  • When considering the company's 2024 guidance relative to actual results in 2023, it is important to note that the company's adjustment to income tax reserves in 2023 resulted in an increase of $0.14 per diluted share.

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

Retrieved on: 
Thursday, February 22, 2024
Asset Management, Professional Services, Finance, Constellation, Joel Tobeck, XETRA, Investment, Common stock, Common, Allianz, Cadwalader, Event, CWC, Webcast, UHNW, Partner (business rank), Gibson Dunn, Eastern Time Zone, Security (finance), Sullivan & Cromwell, Oliver Cromwell, Partnership

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).
  • CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, will invest $150 million.
  • AlTi will use the capital principally to fund its mergers and acquisitions (“M&A”) pipeline and organic growth activities.
  • Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
    “This investment accelerates AlTi’s trajectory to become the leading global independent UHNW wealth management platform, with strategic and targeted expertise in alternatives.

Lido Advisors Partners With Constellation Wealth Capital to Further Accelerate M&A and Organic Growth

Retrieved on: 
Wednesday, January 17, 2024
Consulting, Asset Management, Professional Services, Finance, Constellation, LLP, Charlesbank Capital Partners, Partnership, Financial Times, Investment, CWC, Real-time, Gibson Dunn, Ropes & Gray, Publication

Lido Advisors (“Lido”), a leading registered investment advisor serving high-net-worth clients, today announced that Constellation Wealth Capital (“CWC”), a firm specializing in making investments in industry-leading wealth management firms, has become a strategic partner and minority investor.

Key Points: 
  • Lido Advisors (“Lido”), a leading registered investment advisor serving high-net-worth clients, today announced that Constellation Wealth Capital (“CWC”), a firm specializing in making investments in industry-leading wealth management firms, has become a strategic partner and minority investor.
  • “We are extremely pleased to announce our partnership with Constellation Wealth Capital,” said Jason Ozur, Lido’s Chief Executive Officer.
  • “This partnership will support Lido in its continuous efforts to become the preeminent wealth management firm.”
    The investment signed and closed in January 2024.
  • Ropes & Gray LLP served as legal counsel to Lido, and Gibson, Dunn & Crutcher, LLP served as legal counsel to Constellation Wealth Capital.

Perigon Wealth Management Welcomes Constellation Wealth Capital As Strategic Investor

Retrieved on: 
Tuesday, January 16, 2024
Constellation, Heckenberg, New South Wales, RIA, Growth, SAN, Partnership, Kirkland & Ellis, San Francisco Bay Area, Alston & Bird, Executive, Merchant, Investment, CWC, AUM

SAN FRANCISCO, Jan. 16, 2024 /PRNewswire/ -- Perigon Wealth Management ("Perigon"), a rapidly growing independent wealth management firm with offices across the country and over $6.5 billion in client assets as of Dec. 31, 2023, today announced it has received a minority investment from Constellation Wealth Capital ("CWC") to enhance its strategic expansion. Merchant Investment Management, which entered a partnership with Perigon in 2019, will exit the relationship after five successful years. The terms of the deal were not disclosed.

Key Points: 
  • SAN FRANCISCO, Jan. 16, 2024 /PRNewswire/ -- Perigon Wealth Management ("Perigon"), a rapidly growing independent wealth management firm with offices across the country and over $6.5 billion in client assets as of Dec. 31, 2023, today announced it has received a minority investment from Constellation Wealth Capital ("CWC") to enhance its strategic expansion.
  • Merchant Investment Management, which entered a partnership with Perigon in 2019, will exit the relationship after five successful years.
  • Chicago-based Constellation Wealth Capital was founded by Karl Heckenberg as an alternative asset management platform specializing in making tailored investments in well-positioned wealth management firms.
  • Merchant Investment Management , which provides growth capital, management resources and strategic direction to independent financial services firms, partnered with Perigon five years ago.

Precision Drilling Meets 2023 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates

Retrieved on: 
Friday, January 5, 2024
Kingdom, Share repurchase, Acquisition, Precision Drilling, CWC, Disclosure, News, PD, PDS, Adjustment, TSX, Precision, Security (finance)

Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) is pleased to provide a series of positive announcements including: 1) 2023 debt repayment and year-end liquidity update; 2) capital allocation framework update; and 3) financial and operational update.

Key Points: 
  • Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) is pleased to provide a series of positive announcements including: 1) 2023 debt repayment and year-end liquidity update; 2) capital allocation framework update; and 3) financial and operational update.
  • Precision reduced total debt by $152 million in 2023, meeting its debt reduction goal.
  • During 2023, Precision returned $30 million to shareholders through share repurchases under our Normal Course Issuer Bid and as at December 31, 2023, had 14,336,539 shares outstanding.
  • With a robust free cash flow outlook, we plan to improve our capital returns to shareholders in 2024 by increasing our debt reduction and share buyback allocations.

ASSOCIATION OF COMMUNITY COLLEGE TRUSTEES APPOINT CENTRAL WYOMING COLLEGE TRUSTEE UNDERWOOD

Retrieved on: 
Thursday, January 4, 2024
ACCT, University, Interior, Trustee, Learning, Audit committee, Student, Chair, Business administration, CWC, Congress, Education, Master of Business Administration, Human, Financial audit, Chairperson, Bureau, Central Wyoming College, United States Congress, Fiduciary trust, Organization, Underwood, Management

Riverton, Wyoming, Jan. 03, 2024 (GLOBE NEWSWIRE) -- —Jay Nardini, Association of Community College Trustees (ACCT) Chair has announced Dr. Carlton Underwood’s appointment to the ACCT Finance and Audit Committee.

Key Points: 
  • Riverton, Wyoming, Jan. 03, 2024 (GLOBE NEWSWIRE) -- —Jay Nardini, Association of Community College Trustees (ACCT) Chair has announced Dr. Carlton Underwood’s appointment to the ACCT Finance and Audit Committee.
  • ACCT is a national organization that brings community college leaders together to address real-world challenges and help students succeed through advocacy and education.
  • Dr. Carlton Underwood joined the Central Wyoming College Board of Trustees in December 2012.
  • The Association of Community College Trustees is a non-profit educational organization of governing boards, representing more than 6,500 elected and appointed trustees who govern over 1,200 community, technical, and junior colleges in the United States and beyond.

CENTRAL WYOMING COLLEGE ANNOUNCES ROANHORSE AS STUDENT OF THE YEAR

Retrieved on: 
Monday, December 18, 2023
Humour, Faculty, Learning, Success, CWC, Sibling, Wind, Sadness, Central Wyoming College, Student affairs, Child

—Central Wyoming College is pleased to announce Brian Roanhorse the 2023-24 Student of the Year.

Key Points: 
  • —Central Wyoming College is pleased to announce Brian Roanhorse the 2023-24 Student of the Year.
  • “It’s a special medium that combines so many arts; it is a great way to express yourself,” says Roanhorse.
  • She recently earned her degree from Central Wyoming College  and encouraged her children to do the same.
  • CWC is a designated Native American Serving Non-Tribal Institution (NASNTI), and serves the largest American Indian student population in the state of Wyoming.

Federal Government Announces New Commitment to Canada’s Wool Industry at First Ever International Conference

Retrieved on: 
Monday, December 4, 2023
Sustainability, Government, CWC, Education, CAP, Organization, Parliament

Further developing Canada’s wool industry will provide consumers at home and in international markets with a greater variety of sustainably produced and biodegradable products.

Key Points: 
  • Further developing Canada’s wool industry will provide consumers at home and in international markets with a greater variety of sustainably produced and biodegradable products.
  • "Canada has a world-class wool industry and there so many incredible folks who are helping to shape it.
  • - The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food
    “This investment will help position the Canadian Wool Council to continue their work building a brand for Canadian wool and better connect our industry to the world.
  • The Canadian Wool Council is a not-for-profit industry association that represents the entire wool sector in Canada from producer to consumer.