Om

Harris Williams Acts as Lead Sell-Side Advisor on A2MAC1’s Pending Sale to Providence Equity Partners

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Tuesday, November 8, 2022
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Harris Williams , a global investment bank specializing in M&A advisory services, announces it is acting as lead sell-side advisor to A2MAC1, a portfolio company of Five Arrows Principal Investments (Five Arrows) and Keensight Capital, on its pending sale to Providence Equity Partners (Providence).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is acting as lead sell-side advisor to A2MAC1, a portfolio company of Five Arrows Principal Investments (Five Arrows) and Keensight Capital, on its pending sale to Providence Equity Partners (Providence).
  • The transaction is being led by the Harris Williams Technology Group , including Thierry Monjauze , Julien Oussadon , Sylvain Noblet , Stefan van de Ven and Daniel Drazen.
  • Nicolas Robin, a managing director at Five Arrows, said, Harris Williams is a first-class partner.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Partners Group establishes Private Wealth business unit, reinforcing the firm's 20+ year track record of providing leading private markets investment solutions for individual investors

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Thursday, November 3, 2022
Growth, Wealth, Product management, APAC, Industry, Partners Group, Registered investment adviser, USD, Portfolio management, SIX Swiss Exchange, RIA, Solution, Om, Bank, Financial services, Financial adviser

Partners Group establishes Private Wealth business unit, reinforcing the firm's 20+ year track record of providing leading private markets investment solutions for individual investors

Key Points: 
  • Partners Group establishes Private Wealth business unit, reinforcing the firm's 20+ year track record of providing leading private markets investment solutions for individual investors
    Partners Group, a leading global private markets firm, has formalized its private wealth fundraising activities into a Private Wealth business unit, further committing to expanding access to private markets for individual investors.
  • David Layton, Partner and Chief Executive Officer, Partners Group, states: "We are proud to be a leader in the private wealth segment.
  • As a firm, we distinguish ourselves through providing bespoke solutionsand tailoring access for individual investors, which has been a focus for decades.
  • Christian Wicklein, Co-Head Private Wealth, Partners Group, says: "Individual investors are increasingly looking to gain exposure to the growing portion of the real economy that can only be accessed through private markets.

EQS-News: Q3 2022: DWS with Higher Revenues and Return to Net Inflows in Challenging Environment

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Friday, October 28, 2022
CEST, KB Financial Group Inc, COO, Marketing, KBAM, Equity, Adjustment, ESG, Risk management, Annual, DWS, Environment, EUR, Uncertainty, Legislation, CAO, Digital, Knowledge, LDI, Board of directors, Growth, DWS Group, Real estate, ETF, Committee, Income, Annual report, Om, Method, Application, Woman, SOO, Insurance, Heart, Man, SFDR, Liquid alternative investment, Forward-looking statement, Asset, CIR, Alternatives, Industry, KB, CIO, News, API, Cropping system, Transformer, Security (finance), Petroleum jelly, Film, Video game, Bank, Commercial property, Renewable energy, Management, Financial services, Cryptocurrency, Audit, Solution, Q3, Active

We saw a sustained demand from our clients for high-margin alternative investments, which attracted significant inflows year-to-date, and the expected return to net inflows into Cash products in Q3.

Key Points: 
  • We saw a sustained demand from our clients for high-margin alternative investments, which attracted significant inflows year-to-date, and the expected return to net inflows into Cash products in Q3.
  • Revenues were up by 7 percent year-on-year driven primarily by higher management fees and up in the third quarter by 3 percent quarter-on-quarter.
  • Total revenues increased quarter-on-quarter by 3 percent to EUR 689 million in Q3 2022 (Q2 2022: EUR 671 million; Q3 2021: EUR 664 million).
  • Multi Asset saw net outflows of minus EUR 0.5 billion despite continued inflows in flagship fund DWS Concept Kaldemorgen.

Nordea Bank Abp: Third-quarter results 2022

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Saturday, October 22, 2022
Pressure, Private banking, Om, Housing, Society, ESG, Income, Corporation, EUR, Roe, Mergers and acquisitions, GDP, Public sector banks in India, Environment, Mergers & Acquisitions, Weather, Solution, Bank

See page 5 in the Q3 2022 report for further details.

Key Points: 
  • See page 5 in the Q3 2022 report for further details.
  • Despite this, we grew our mortgage lending volumes by 4% and again increased our market shares across the Nordics.
  • In the third quarter, central bank policy rates in Denmark and Finland turned positive, following Norway and Sweden.
  • For 2022, our outlook for the cost-to-income ratio is improved to 4849% (previously 4950%).

Top 500 asset managers reach new $131 trillion record

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Monday, October 17, 2022
Om, Technology, Woman, Investment, Organization, NASDAQ, The Vanguard Group, Invesco, Research, WTW, State Street Global Advisors, Industry, Academic discipline, 2009 Davis Cup, Climate, LDI, GLOBE, Fidelity Investments, BlackRock, Wellington Management Company, Name, Bank, Renewable energy

ARLINGTON, Va., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Assets under management (AuM) at the worlds 500 largest asset managers reached a new record of over $131 trillion in 2021, according to new research from WTWs (NASDAQ: WTW) Thinking Ahead Institute.

Key Points: 
  • ARLINGTON, Va., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Assets under management (AuM) at the worlds 500 largest asset managers reached a new record of over $131 trillion in 2021, according to new research from WTWs (NASDAQ: WTW) Thinking Ahead Institute.
  • This is an increase of over 10% on the previous year, when assets had grown by 14.5% to over $119 trillion.
  • The worlds top 20 asset managers are now responsible for over $59 trillion of assets, having grown at an above-average annual rate of 13%.
  • In addition, the research reveals that BlackRock is both the worlds largest asset manager and the first to exceed $10 trillion.

/R E P E A T -- CGI and Aktia announce strategic business and IT partnership/

Retrieved on: 
Tuesday, October 11, 2022
Risk management, Om, System, Growth, TSX, Organization, NYSE, GIB, CGI, EUR, Partnership, Compliance, Industry, OMXH, CGI Inc., Maintenance, Solution, Consultant, Bank, Sales, Aktia Bank

"We have invested in modernizing our core banking systems, and we are continuously improving them to drive operational efficiencies and meet evolving customer expectations.

Key Points: 
  • "We have invested in modernizing our core banking systems, and we are continuously improving them to drive operational efficiencies and meet evolving customer expectations.
  • CGI will help us to streamline our IT operations, deliver innovative banking services, and ensure the scalability of those services in response to new business demands.
  • Our partnership with CGI also will provide the critical IT talent we need, as well as strengthen our regulatory compliance and risk management."
  • Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.

CGI and Aktia announce strategic business and IT partnership

Retrieved on: 
Tuesday, October 11, 2022
Risk management, Om, System, Growth, TSX, Organization, NYSE, GIB, CGI, EUR, Partnership, Compliance, Industry, OMXH, CGI Inc., Maintenance, Solution, Consultant, Bank, Sales, Aktia Bank

HELSINKI, Oct. 11, 2022 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and Aktia (OMXH: AKTIA) have entered into a strategic partnership giving CGI responsibility for a major part of Aktia's banking IT services, including the development and maintenance of 150 mission-critical applications.

Key Points: 
  • HELSINKI, Oct. 11, 2022 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and Aktia (OMXH: AKTIA) have entered into a strategic partnership giving CGI responsibility for a major part of Aktia's banking IT services, including the development and maintenance of 150 mission-critical applications.
  • CGI will help us to streamline our IT operations, deliver innovative banking services, and ensure the scalability of those services in response to new business demands.
  • Our partnership with CGI also will provide the critical IT talent we need, as well as strengthen our regulatory compliance and risk management."
  • "We extend a warm welcome to the over 50 Aktia banking services experts who will join us as a result of this strategic partnership," said Kimmo Koivisto, who leads CGI's financial services business unit in Finland.

Flashpoint Venture Capital Launches an Office in New York to Support Its US Activity

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Monday, October 10, 2022
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Flashpoints New York office will be managed by Tony Fedorov , Partner at Flashpoint, who has been managing Flashpoints operations in Israel.

Key Points: 
  • Flashpoints New York office will be managed by Tony Fedorov , Partner at Flashpoint, who has been managing Flashpoints operations in Israel.
  • Alex Konoplyasty, General Partner at Flashpoint commented: The opening of our New York office is a very natural step in our growth plans.
  • This latest investment office opening in New York increases Flashpoint presence to 7 cities, complementing existing offices in London, Warsaw, Budapest, Riga, Tel-Aviv and Nicosia.
  • Flashpoint manages six venture funds: four VC funds, a Venture Debt Fund, and a Secondary Fund.

MERRELL SIGNS TWO PROFESSIONAL TRAIL RUNNING ATHLETES

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Wednesday, September 21, 2022
Athlete, USA Team Handball Nationals, NYSE, Aravaipa Canyon Wilderness, Merrell, Moab, Environment, Travel, Om, Year, Running, Male, EMEA, Sport, Wolverine World Wide, Work, 2020 United States Olympic Trials (track and field), Multimedia, Domestic violence, View, Fashion

ROCKFORD, Mich., Sept. 21, 2022 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, announced it has added trail runners Aum Gandhi and Rachel Tomajczyk to its roster of global athletes.

Key Points: 
  • "We're proud to have dedicated, disciplined athletes like Aum and Rachel on our team," said Jessenia Flores, marketing manager at Merrell.
  • "Both athletes' values match Merrell's, and their impressive running resumes paired with a passion for the sport and trail community is inspiring to all."
  • Tomajczyk has since placed:
    "Aum and Rachel represent the countless trail running athletes who compete, run, and train every day," said Flores.
  • The Merrell U.S. athletes join nine members of the brand's Europe, Middle East, Africa (EMEA) trail running team and two Canadian runners.

Pie Insurance Announces $315 Million Series D Round of Funding

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Wednesday, September 21, 2022
Allianz, White Mountains Insurance Group, Algorithm, Risk, Series, Oliver Cromwell, Sullivan & Cromwell, Growth, Economics, Industry, Environment, Cooley LLP, LLP, CEO, Technology, Science and technology in Asia, Centerbridge Partners, Company, Small business, Insurance, Om, Heart, Multimedia, P&C, Life insurance, Renewable energy, Management, Financial services, Pie

DENVER, Sept. 21, 2022 /PRNewswire/ -- Pie Insurance ("Pie"), a leading tech-enabled provider of workers' compensation insurance to small businesses, today announced it raised a $315 million Series D round of funding. The round was led by Centerbridge Partners and Allianz X, the digital investments arm of Allianz Group. White Mountains Insurance Group also joined as a new investor, and previous investors Gallatin Point Capital, Greycroft, Acrew Capital and others also participated in the round.

Key Points: 
  • DENVER, Sept. 21, 2022 /PRNewswire/ -- Pie Insurance ("Pie"), a leading tech-enabled provider of workers' compensation insurance to small businesses, today announced it raised a $315 million Series D round of funding.
  • Today's Series D fundraise more than doubled Pie's total capital raised to over $615 million and is the largest round of financing for any U.S. based P&C insurtech company in 2022.
  • "This round of financing is monumental in more ways than one," said John Swigart, co-founder and CEO of Pie.
  • Pie's Series D enables the company to continue providing America's 32.5 million small businesses1with access to simple and affordable commercial insurance.