General partner

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Retrieved on: 
Monday, November 13, 2023
Umbrella, Amore, Sale, Acquisition, Date, Jera, Master limited partnership, CPLP, Full City, Calendar, Oliver Cromwell, BGT, Total, General partner, CMB, Weather, Sullivan & Cromwell, Stroke, Prospectus, Partnership, Ammonia, Mio, Assos, Life, Tokyo Gas, Policy, CO2, General partnership, Committee, Security (finance), Airline, Natural gas, Shipbuilding, LNG, New energy, Hyundai, Apostolos

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

Key Points: 
  • The charterer has the option to extend the charter for 36 months (+30/-30 days).
  • (5)  In November 2022, the company owning the LNG/C Assos, entered into a time charter agreement with Tokyo Gas for 10 years (+30/-30 days).
  • Available days per vessel for LNG/Cs Assos and Apostolos are adjusted for one special survey per vessel.
  • The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company.

Thread Announces $15M in Series A Funding to Digitally Transform the World's Aging Infrastructure

Retrieved on: 
Tuesday, October 10, 2023
Xcel Energy, Maintenance (technical), Health, Wind, Intelligence, Automation, O&M, Organization, APM, Utility, General partnership, Ageing, Data collection, Workforce, Robotics, Maintenance, Software, Minnkota Power Cooperative, Conference, Operational maintenance, General partner, Asset management, Cryptocurrency, Construction, Thread

GRAND FORKS, N.D., Oct. 10, 2023 /PRNewswire/ -- Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights, today announced that it closed a Series A funding round in the amount of $15M. The round was led by Badlands Capital with notable participation from an early utility partner of Thread's, Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital and Kevin O'Leary's Wonder Fund North Dakota. This new round of funding accelerates Thread's horizontal expansion across asset types and enables the company to continue developing its UNITI platform, which is positioned to become the first practical turnkey Asset Performance Management (APM) platform for the energy and utilities industry.

Key Points: 
  • The company works across the fleets of several Fortune 500 customers including Xcel Energy and with major asset protection companies such as MISTRAS Group.
  • "We recognize the challenges our customers face in today's dynamic utility sector," said Josh Riedy, Founder and CEO of Thread.
  • "Thread empowers its customers to make more data-driven decisions around inspection and maintenance through digital representation and autonomous upkeep of their assets."
  • Thread also announced the expansion of its relationship with Xcel Energy , one of its earliest customers and co-development collaborators.

Capital Product Partners L.P. Announces the Appointment of Director by Capital GP L.L.C.

Retrieved on: 
Monday, October 2, 2023
Partnership, Marketing, Business, Sojitz, General partnership, MBA, Keio University, General partner, Capital, CPLP, MSIA, Airline, Management, Pertamina, Economics, LNG

Mr. Kozuki served as Principal Project Developer and previously as General Manager for INPEX Corporation, in charge of LNG business development and marketing.

Key Points: 
  • Mr. Kozuki served as Principal Project Developer and previously as General Manager for INPEX Corporation, in charge of LNG business development and marketing.
  • Mr. Kozuki has more than 34 years of experience in LNG business development, including shipping.
  • From 1987 to 1990, he was part of the team that established an LNG Joint Venture with Pertamina.
  • Mr. Kozuki holds an MSIA and an MBA from the Carnegie Mellon University School of Business and a B.A.

Capital Product Partners L.P. Announces the Re-Appointment of Directors by Capital GP L.L.C.

Retrieved on: 
Tuesday, August 8, 2023
Capital, Limited partnership, General partner, CPLP, General partnership, Airline, Partnership

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), has re-appointed each of Messrs. Gerasimos (Jerry) Kalogiratos and Gurpal Grewal to act as members of the Board of Directors of the Partnership appointed by the General Partner in accordance with the provisions of the agreement of limited partnership of the Partnership (each such director, an “Appointed Director”), for an additional three year term commencing on the date of the Partnership’s 2023 annual general meeting.

Key Points: 
  • ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), has re-appointed each of Messrs. Gerasimos (Jerry) Kalogiratos and Gurpal Grewal to act as members of the Board of Directors of the Partnership appointed by the General Partner in accordance with the provisions of the agreement of limited partnership of the Partnership (each such director, an “Appointed Director”), for an additional three year term commencing on the date of the Partnership’s 2023 annual general meeting.

CSI Compressco LP Announces Appointment of New Director

Retrieved on: 
Wednesday, July 26, 2023
General partner, Partner, General partnership, CSI, Cargo

THE WOODLANDS, Texas, July 26, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that on July 24, 2023, Spartan Energy Holdco LLC, the sole member of CSI Compressco GP LLC (the "General Partner"), the general partner of CSI Compressco, increased the size of the Board of Directors of the General Partner (the "Board") from eight members to nine members and appointed Joseph Patrick McElroy to serve as a member of the Board, effective immediately.

Key Points: 
  • THE WOODLANDS, Texas, July 26, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that on July 24, 2023, Spartan Energy Holdco LLC, the sole member of CSI Compressco GP LLC (the "General Partner"), the general partner of CSI Compressco, increased the size of the Board of Directors of the General Partner (the "Board") from eight members to nine members and appointed Joseph Patrick McElroy to serve as a member of the Board, effective immediately.
  • Mr. McElroy currently serves as a Managing Partner of Merced Capital, L.P.

Long Ridge Equity Partners Closes Oversubscribed Fund IV at $730 Million

Retrieved on: 
Monday, July 10, 2023
Asset Management, Professional Services, Finance, Proskauer Rose, General partner, General partnership, Long Ridge, Partnership, Financial services, Cryptocurrency

Long Ridge Equity Partners (“Long Ridge”), a leading private equity firm focused on growth companies in the financial and business technology sectors, today announced the first and final closing of Long Ridge Equity Partners IV (“Fund IV”) at $730 million of total commitments.

Key Points: 
  • Long Ridge Equity Partners (“Long Ridge”), a leading private equity firm focused on growth companies in the financial and business technology sectors, today announced the first and final closing of Long Ridge Equity Partners IV (“Fund IV”) at $730 million of total commitments.
  • 100% of the institutional investors in Long Ridge Equity Partners III returned as investors in Fund IV.
  • “We appreciate the strong support and confidence of our new and returning limited partners,” said Jim Brown, Founder & Managing Partner of Long Ridge.
  • “Fund IV represents a significant milestone in the development of our firm – we appreciate the incredible contributions of our partners, advisors, and team in growing and shaping Long Ridge.”
    Monument Group served as the exclusive global advisor and placement agent and Proskauer Rose served as legal advisor for Long Ridge Equity Partners IV.

EQS-News: Mutares SE & Co. KGaA increases its dividend proposal for the financial year 2022 to EUR 1.75

Retrieved on: 
Friday, July 7, 2023
Exercise, Treasury, Krishna River Management Board, Shareholder, Policy, Annual, SMP, Annual general meeting, Supervisory board, General partnership, Committee, EUR, General partner, Aktiengesellschaft, ISIN, Holding company, Cryptocurrency

This dividend amount consists of a basis dividend of EUR 1.00 (previous year: EUR 1.00) per dividend-bearing share as previously announced on 6 April 2023 and in line with the communicated long-term dividend policy as well as an additional proposed performance dividend for the financial year 2022 of EUR 0.75 (previous year: EUR 0.50) per dividend-bearing share.

Key Points: 
  • This dividend amount consists of a basis dividend of EUR 1.00 (previous year: EUR 1.00) per dividend-bearing share as previously announced on 6 April 2023 and in line with the communicated long-term dividend policy as well as an additional proposed performance dividend for the financial year 2022 of EUR 0.75 (previous year: EUR 0.50) per dividend-bearing share.
  • This countermotion on agenda item 2 is marked with the capital letter B and proposes the distribution of a dividend in the total amount of EUR 1.75 for the financial year 2022 per no-par value share entitled to dividend.
  • The treasury shares held by the Company do not carry dividend rights in accordance with sec.
  • Therefore, the following appropriation of net retained profits would have to be resolved:

New Mountain Capital Announces $825 Million Net Lease Real Estate Fund

Retrieved on: 
Tuesday, June 27, 2023
Banking, Asset Management, Professional Services, Finance, Insurance, Partnership, Reward, General partnership, General partner, Acquisition, Risk, Fund, Safety, Financial services, Commercial property

New Mountain Capital, LLC (“New Mountain”), a leading alternative investment firm with over $40 billion of assets under management1 across private equity, credit and real estate, today announced the closing of its second net lease real estate fund, New Mountain Net Lease Partners II, L.P. (“NMNLP II” or the “Fund”).

Key Points: 
  • New Mountain Capital, LLC (“New Mountain”), a leading alternative investment firm with over $40 billion of assets under management1 across private equity, credit and real estate, today announced the closing of its second net lease real estate fund, New Mountain Net Lease Partners II, L.P. (“NMNLP II” or the “Fund”).
  • NMNLP II closed with $825 million of equity capital commitments, including approximately $725 million of third-party Limited Partner commitments and approximately $100 million from the General Partner.
  • We look forward to building on our strong momentum in net lease as we continue to grow our presence in the space.”
    Teddy Kaplan, a New Mountain Managing Director and Head of New Mountain Net Lease commented, “We launched the net lease strategy at New Mountain in early 2016 seeking to utilize the firm’s analytical capabilities, industry experience, deal flow and relationships to build a differentiated net lease platform.
  • Since inception, New Mountain’s net lease strategy has completed $1.9 billion of net lease acquisitions across 47 transactions and today manages a 20 million square foot portfolio of net lease assets with over 40 tenants and 195 assets.

RUBIS: Change en governance following Shareholders' Meeting of 8 June 2023

Retrieved on: 
Monday, June 26, 2023
Regulatory News Service, Islamabad Wildlife Management Board, General partner, Partnership, Supervisory board, Appointments Committee of the Cabinet, Account, Compensation, Property management

Dissemination of a French Regulatory News, transmitted by EQS Group.

Key Points: 
  • Dissemination of a French Regulatory News, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Mr Olivier Heckenroth has considered that the approval rate of the renewal of his mandate of Supervisory Board member by the Shareholders’ Meeting held on 8 June 2023 was not high enough to enable him to fulfil his mission of Chairman of the Supervisory Board.
  • These decisions will come into force at the upcoming Supervisory Board meeting during which its members will appoint a new Chairperson.

Marketing Titan Launches The Avenue Z Network

Retrieved on: 
Wednesday, June 7, 2023
Media, Social Media, Search Engine Optimization, Search Engine Marketing, Influencer, Other Communications, Digital Marketing, Public Relations, Investor Relations, Marketing, Advertising, Communications, Content Marketing, DTC, OAK, General partner, RRE Ventures, Social media, Goldman Sachs, Oak Investment Partners, Newgate, Acquisition, Mergers and acquisitions, Hearst Communications, Digital, ROI, Avenue, Environment, Adweek, Data science, Video game

Digital visionary Jeffrey Herzog today announced the launch of the Avenue Z Network , a new strategic communications consultancy.

Key Points: 
  • Digital visionary Jeffrey Herzog today announced the launch of the Avenue Z Network , a new strategic communications consultancy.
  • Avenue Z will build and scale the next generation of integrated communications with public relations and digital media solutions for growth-driven brands.
  • “Avenue Z will bring together the world’s most talented publicists, content creators, media buyers, marketers and data analysts to craft narratives that move the needle for business growth.
  • Avenue Z is funded by Herzog and Baleon Capital, a private equity fund focused on B2B tech-enabled services.