Kyle Bass

UT AUSTIN INVESTS IN AUSTIN-BASED BATTERY TECH COMPANY, GROUP1

Retrieved on: 
Tuesday, August 29, 2023

AUSTIN, Texas, Aug. 29, 2023 /PRNewswire/ -- Discovery to Impact at The University of Texas at Austin has invested $250,000 in Group1, a UT Austin-affiliated startup aiming to revolutionize the energy industry by developing Potassium-ion battery (KIB) technology. The investment will help Group1 increase its workforce, expand production capacity of their product potassium cathode material, Kristonite™, to pilot-scale, and forge business partnerships with Tier1 cell and automotive manufacturers that wish to establish a domestic, "lithium alternative" solution.

Key Points: 
  • AUSTIN, Texas, Aug. 29, 2023 /PRNewswire/ -- Discovery to Impact at The University of Texas at Austin has invested $250,000 in Group1, a UT Austin-affiliated startup aiming to revolutionize the energy industry by developing Potassium-ion battery (KIB) technology.
  • The fund invests in the most promising new startups built on university-owned intellectual property emerging from UT Austin's $845 million research enterprise.
  • "We are proud to be based in the battery capital of the world, Austin, Texas, and to further strengthen our ties with world renowned institution such as UT Austin."
  • Group1 has further developed KIB core technology and has established a world leading IP position, which includes exclusive license from UT Austin.

Prometheus Alts Raises $5M in Seed Funding

Retrieved on: 
Wednesday, September 29, 2021

Prometheus Alternative Investments, Inc., a Los Angeles, Calif.-based fintech startup, raised $5M in its oversubscribed seed round funding to forge the webs first community centered around investment professionals.

Key Points: 
  • Prometheus Alternative Investments, Inc., a Los Angeles, Calif.-based fintech startup, raised $5M in its oversubscribed seed round funding to forge the webs first community centered around investment professionals.
  • Founded by former star hedge fund manager Michael Wang, Prometheus brings together a social network with a marketplace, connecting investors with hedge funds, crypto funds, venture capital, private equity, commodities, and the experts behind those funds.
  • We first chose the name Prometheus to depict sharing the fires of Wall Street with Main Street investors.
  • Prometheus was founded by hedge fund professionals seeking to modernize their archaic industry, and share insights gained over their years of analysis and managing alternative funds.

Kyle Bass to Acquire 50% of the Assets of Fiamma Partners

Retrieved on: 
Monday, July 27, 2020

Bass company, Mossad Bass, LLC, acquired 50% of Fiamma Partners, Fiamma Management, and Fiamma Statler, which have ownership interests in The Statler Hotel in Downtown Dallas.

Key Points: 
  • Bass company, Mossad Bass, LLC, acquired 50% of Fiamma Partners, Fiamma Management, and Fiamma Statler, which have ownership interests in The Statler Hotel in Downtown Dallas.
  • The opportunity to invest in distressed real estate projects with one of Dallas' top real estate minds is an opportunity I couldnt pass up, says Bass.
  • Kyle Bass is one of the most prominent businessmen and investors in the United States.
  • Frank Zaccanelli is the Founder, Chief Executive Officer (CEO), and Managing Partner of Fiamma Partners.

Texas Supreme Court Denies Kyle Bass and Hayman Capital’s Petition; Upon Remand to Trial Court, UDF Lawsuit and Full Discovery Will Proceed

Retrieved on: 
Monday, March 16, 2020

GRAPEVINE, Texas, March 16, 2020 (GLOBE NEWSWIRE) -- United Development Funding (UDF, as described below) announced today the Supreme Court of Texas (the Supreme Court) denied Kyle Bass ("Bass") and Hayman Capital's ("Hayman," as described below, and together with Bass, "Bass/Hayman") petition to review the matter of J. Kyle Bass, et.

Key Points: 
  • GRAPEVINE, Texas, March 16, 2020 (GLOBE NEWSWIRE) -- United Development Funding (UDF, as described below) announced today the Supreme Court of Texas (the Supreme Court) denied Kyle Bass ("Bass") and Hayman Capital's ("Hayman," as described below, and together with Bass, "Bass/Hayman") petition to review the matter of J. Kyle Bass, et.
  • On June 29, 2018 Bass/Hayman filed a notice of accelerated appeal with the Texas Judicial Branch Fifth Court of Appeals (the "Appeals Court").
  • UDF expects the Supreme Court to remand the case to the trial court for further proceedings in 30-40 days.
  • Public documents filed with the Supreme Court can be found at the Supreme Court of Texas website ( www.search.txcourts.gov ), using the Case No.

UDF Files Brief to Oppose Kyle Bass and Hayman Capital Appeal to Texas Supreme Court

Retrieved on: 
Wednesday, January 22, 2020

On June 29, 2018 Bass/Hayman filed a notice of accelerated appeal with the Texas Judicial Branch Fifth Court of Appeals (the Appeals Court).

Key Points: 
  • On June 29, 2018 Bass/Hayman filed a notice of accelerated appeal with the Texas Judicial Branch Fifth Court of Appeals (the Appeals Court).
  • UDF filed its Appellate brief on November 15, 2018 opposing the Bass/Haymans appeal and presented its oral argument to the Appeals Court on May 2, 2019.
  • On November 6, 2019 Hayman filed a Petition for Review with the Supreme Court, where the matter is now pending.
  • Hayman refers to defendants Hayman Capital Management, L.P., Hayman Offshore Management, Inc., Hayman Capital Master Fund, L.P., Hayman Capital Partners, L.P., Hayman Capital Offshore Partners, LP and Hayman Investments, LLC.