Portigon Financial Services

Former CIO of $35 Billion AUM Public Pension Plan, Employees Retirement System of Texas (ERS), Tom Tull Joins Star Mountain Capital as a Senior Advisor

Retrieved on: 
Thursday, January 20, 2022 - 9:30am

Star Mountain Senior Advisors / Operating Partners are aligned with Star Mountains full-time team and investors through sharing in carried interest and personal capital invested.

Key Points: 
  • Star Mountain Senior Advisors / Operating Partners are aligned with Star Mountains full-time team and investors through sharing in carried interest and personal capital invested.
  • I have had the privilege of knowing Tom for over 10 years so it is wonderful to be working with him now at Star Mountain, said John Ide , Star Mountain Capital Managing Director.
  • Mr. Tull was most recently the Chief Investment Officer at the Employees Retirement System of Texas (ERS) where he managed a ~$35 billion public pension plan that administers on behalf of employees and retirees of State of Texas employees.
  • Prior to joining LTV in February 1983, Mr. Tull served for seven years as Director - Pension Investments of The Cleveland-Cliffs Iron Company.

DGAP-News: Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank

Retrieved on: 
Friday, January 14, 2022 - 3:06pm

Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank

Key Points: 
  • Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank
    - Prof. Dr Hermann Wagner: "We welcome the decision taken by the Higher Regional Court.
  • Wiesbaden, 14 January 2022 - With a binding decision, the Frankfurt/Main Higher Regional Court approved the application submitted by Aareal Bank to appoint Messrs Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis as members of Aareal Bank's Supervisory Board, with immediate effect.
  • Prof. Dr Hermann Wagner, the Chairman of the Supervisory Board of Aareal Bank AG, commented: "We welcome the decision taken by the Higher Regional Court.

DGAP-News: Erste Abwicklungsanstalt: EAA CBB - European Central Bank approves return of full banking licence

Retrieved on: 
Wednesday, March 17, 2021 - 1:08pm

The EAA subsidiary Covered Bond Bank Plc (since 15 March 2021 Erste EAA Ireland Plc) was notified by the European Central Bank on 11 March 2021 that its full banking licence and its licence as a so-called designated credit institution - comparable to a Pfandbrief banking licence - would be revoked effective 12 March 2021 in accordance with its application.

Key Points: 
  • The EAA subsidiary Covered Bond Bank Plc (since 15 March 2021 Erste EAA Ireland Plc) was notified by the European Central Bank on 11 March 2021 that its full banking licence and its licence as a so-called designated credit institution - comparable to a Pfandbrief banking licence - would be revoked effective 12 March 2021 in accordance with its application.
  • "This is an important milestone for the wind-up of the company," says Christian Doppstadt, the EAA Board member responsible.
  • The remaining portfolio of EAA Covered Bond Bank had already been transferred to the EAA last year in anticipation of the return of the banking licence.
  • Since 2009/2010, the EAA has been winding down the assets of the former WestLB with a view to minimising losses.