GIC

Quantexa Strengthens Advisory Board with the Appointment of Boon Hui Khoo

Retrieved on: 
Monday, March 4, 2024

LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- - Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors, today announced it has appointed a new Advisory Board member, Boon Hui Khoo. Boon Hui, former INTERPOL President, and Senior Deputy Secretary for the Singapore Ministry of Home Affairs, brings a wealth of public sector experience in global security and law enforcement leadership to Quantexa. With this appointment, Boon Hui joins other distinguished industry luminaries with expertise spanning technology, finance, healthcare, and national security as part of Quantexa’s Advisory Board.

Key Points: 
  • With this appointment, Boon Hui joins other distinguished industry luminaries with expertise spanning technology, finance, healthcare, and national security as part of Quantexa’s Advisory Board.
  • The expansion of Quantexa’s Advisory Board comes at a pivotal time of momentum for the organization, following a successful year of investment.
  • Boon Hui Khoo joins Quantexa’s Advisory board with 10 years of experience in providing strategic advice to companies on cyber security, policing, and financial crime.
  • Vishal Marria, CEO and Founder, Quantexa, said: “We are pleased to welcome Boon Hui Khoo to our advisory board at a critical time of growth for the business in the APAC region and beyond.

INDUS Realty Trust Announces 1.5 Million Square Feet of New Industrial Development Projects in Atlanta and Savannah

Retrieved on: 
Thursday, February 29, 2024

The Atlanta development (“Chastain Crossings”), located in Kennesaw, Georgia, broke ground in December 2023 and will include two buildings totaling approximately 440,000 square feet.

Key Points: 
  • The Atlanta development (“Chastain Crossings”), located in Kennesaw, Georgia, broke ground in December 2023 and will include two buildings totaling approximately 440,000 square feet.
  • The Savannah, GA development (“Rockingham Farms Commerce Center”), is expected to break ground in the first quarter of 2024 and will include two phases totaling four buildings and 1.0 million square feet.
  • “Chastain Crossings and Rockingham Farms Commerce Center present exciting opportunities for INDUS to enter two of the best performing and most dynamic industrial markets in the Southeast.
  • Rockingham Farms Commerce Center will total 1.0 million square feet across four buildings to be built in two phases.

Zephyr Releases PSN Top Guns List for Q4 2023, Highlighting Best-In-Class Separate Accounts, Managed Accounts and Managed ETF Strategies

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 6, 2024 /PRNewswire/ -- Zephyr, a subsidiary of Informa plc (LSE: INF), and a recognized leader in investment management technology for wealth managers and advisors, has released its highly anticipated PSN Top Guns List for Q4 2023. The list is an important reference for plan sponsors, investors and asset managers, showcasing the best performing separate accounts, managed accounts and managed ETF strategies each quarter.

Key Points: 
  • The list is an important reference for plan sponsors, investors and asset managers, showcasing the best performing separate accounts, managed accounts and managed ETF strategies each quarter.
  • PSN celebrates 40 years in 2024 as the longest running SMA database in the world.
  • The complete list of PSN Top Guns and an overview of the methodology, can be found here .
  • If you would like to learn more about becoming a part of the PSN database or would like to subscribe to PSN data, visit PSN .

PacketFabric Appoints Three New Industry-Leading Board Members, Including IT and Telecom Executive Peter Hase as Chairman of the Board

Retrieved on: 
Monday, February 26, 2024

CULVER CITY, Calif., Feb. 26, 2024 /PRNewswire/ -- PacketFabric, a leading Network as a Service (NaaS) innovator and a Digital Alpha Advisors, LLC portfolio company, today named three new board members, including Peter Hase as chairman of the board. Ketsen Networks CEO Surya Panditi and Lensbridge Capital founder & CEO LN Sadani have also been appointed to the board as directors.

Key Points: 
  • Ketsen Networks CEO Surya Panditi and Lensbridge Capital founder & CEO LN Sadani have also been appointed to the board as directors.
  • Hase has directed several hypergrowth companies including Megaport, another NaaS provider, where he was Chief Commercial Officer and led the business through a sustained period of growth during his seven-year tenure.
  • "His appointment gives the company tremendous domain expertise and drives operational excellence as PacketFabric enters its next stage of growth."
  • Surya and LN both bring significant executive experience to the Board both from an investor's perspective and as technology leaders.

STORE Capital Marks Anniversary of Privatization With Logo Refresh

Retrieved on: 
Tuesday, February 6, 2024

STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today revealed a refreshed logo.

Key Points: 
  • STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today revealed a refreshed logo.
  • Last February, STORE Capital was taken private by GIC, a global institutional investor, in partnership with funds managed by Blue Owl Capital.
  • View the full release here: https://www.businesswire.com/news/home/20240205202813/en/
    The refreshed STORE Capital logo centers on a new logo mark, comprised of two individual design elements, which join together to form the ‘O’ in “STORE.” This purposeful design choice was made to symbolize the power of forged relationships.
  • It’s fitting to reveal our refreshed logo on the 1-year anniversary of the privatization, and we look forward to what the future holds.”

UniCare is Becoming Wellpoint

Retrieved on: 
Thursday, February 1, 2024

UniCare will begin rebranding as Wellpoint starting today to reflect the company’s mission of supporting its members’ whole health, which encompasses physical, mental, emotional, and social health.

Key Points: 
  • UniCare will begin rebranding as Wellpoint starting today to reflect the company’s mission of supporting its members’ whole health, which encompasses physical, mental, emotional, and social health.
  • Wellpoint administers health benefits for more than 200,000 Massachusetts state and municipal employees, retirees, and their families.
  • Our new name – Wellpoint – makes it clear that our members’ whole health is our whole point,” said David Morales, general manager of Wellpoint.
  • As the only indemnity plan offered through the GIC, Wellpoint members have access to care from physicians and hospitals without the need for referrals.

Zum Fast-Tracks Revolution To Modernize School Transportation With $140M Funding Round Led by GIC

Retrieved on: 
Wednesday, January 31, 2024

REDWOOD CITY, Calif., Jan. 31, 2024 /PRNewswire/ -- Zūm, the leading provider of modern student transportation, today announced a $140 million Series E funding round. This new funding round was led by GIC, a leading global investment firm. Climate Investment, a decarbonization investor, and existing investors including Sequoia and SoftBank Vision Fund 2 also participated in the round, elevating the company's valuation to $1.3 billion—a significant increase from its previous series D raise in Oct 2021. This round brings Zum's total fundraise to $350 million.

Key Points: 
  • This new funding round was led by GIC, a leading global investment firm.
  • Zum has transformed the outdated student transportation industry, previously riddled with inefficiencies and a lack of transparency, through its innovative approach to digitization and electrification.
  • It is also leading the industry forward with the shift to EV school buses in major metropolitan school districts.
  • From modernizing student transportation to modernizing the grid, Zum is ushering in a new green era through its advanced technology and electrification.

NEXE Innovations Announces Quarterly Q2 2024 Financial Results for the Three-Month Period Ended November 30, 2023

Retrieved on: 
Tuesday, January 30, 2024

WINDSOR, ON, Jan. 29, 2024 /PRNewswire/ - NEXE Innovations Inc. ("NEXE", the "Company", "we", "us" or "our") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended November 30, 2023 ("Q2 2024").

Key Points: 
  • WINDSOR, ON, Jan. 29, 2024 /PRNewswire/ - NEXE Innovations Inc. ("NEXE", the "Company", "we", "us" or "our") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended November 30, 2023 ("Q2 2024").
  • In Q2 2024, we continued to engage with well-established coffee companies and distributors, and our innovative compostable single-serve pods have been well-received, leading to repeat orders.
  • At the end of Q2 2024, our total cash position is $11.4 million (including GICs and term deposit).
  • The total expected cash position for NEXE, including if the Surrey facility is sold, is ~$18 million.

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and Income Growth in Q4 2023 and Full Year of 2023

Retrieved on: 
Monday, January 8, 2024

EbixCash continued its leadership in the Foreign Exchange (Forex) arena with YOY growth of approximately 38% in 2023.

Key Points: 
  • EbixCash continued its leadership in the Foreign Exchange (Forex) arena with YOY growth of approximately 38% in 2023.
  • The last quarter of the calendar year from September to December 2023 (Q4’23) accounted for an estimated INR 144 crore of gross revenue.
  • In the year 2023, EbixCash also reported 30% YOY growth in the student outward remittance business.
  • EbixCash Payment Solutions group also reported that it continued its dominant leadership role in the Inward remittance business (MTSS) in 2023, while processing 4.4 million transactions in the calendar year 2023.

Generalist VC Firm Exponent Founders Capital Launches With $125M to Invest in Breakthrough Early-Stage Companies

Retrieved on: 
Thursday, January 4, 2024

Exponent Founders Capital, which is based in New York City, was co-founded in 2021 by Charley Ma and Mahdi Raza.

Key Points: 
  • Exponent Founders Capital, which is based in New York City, was co-founded in 2021 by Charley Ma and Mahdi Raza.
  • Charley brings fintech and B2B software expertise to his investing approach from years of experience as an operator.
  • Mahdi comes from a background in growth, advising, and investing across various early-stage fintech and enterprise software companies.
  • “It’s difficult to build an enduring company unless you’ve lived it,” said Charley Ma, cofounder of Exponent.