Black capitalism

The Future Fund Launches Long/Short ETF - Investing in Key Megatrends That Are Changing the World

Retrieved on: 
Wednesday, June 21, 2023

CHICAGO, June 21, 2023 /PRNewswire/ -- The Future Fund LLC, an SEC-registered investment advisor led by Gary Black and David Kalis, announced today the launch of the Future Fund Long/ Short ETF (NYSE: FFLS) on the New York Stock Exchange effective June 21, 2023.

Key Points: 
  • FFLS is a high-conviction, risk-managed long/short strategy that provides the potential to capitalize on key megatrends driving the economy.
  • The portfolio managers believe these are the key drivers to long-term secular growth opportunities in the global market.
  • Prior to the Future Fund, he founded Curvature Capital Management, LLC, a long/short equity hedge partnership focused on catalyst-driven global equities.
  • The Future Fund Active ETF (FFND) launched in August 2021.

TMG Black Capital named MCAN New Brokerage of the Year at The Canadian Mortgage Awards

Retrieved on: 
Monday, April 24, 2023

TORONTO, April 24, 2023 (GLOBE NEWSWIRE) -- On Thursday, April 20, Canadian Mortgage Awards named TMG Black Capital | HALO Advisory the winner of The MCAN Award for the New Brokerage of the Year at the 2023 Canadian Mortgage Awards.

Key Points: 
  • TORONTO, April 24, 2023 (GLOBE NEWSWIRE) -- On Thursday, April 20, Canadian Mortgage Awards named TMG Black Capital | HALO Advisory the winner of The MCAN Award for the New Brokerage of the Year at the 2023 Canadian Mortgage Awards.
  • The Canadian Mortgage Awards recognizes mortgage professionals across Canada for their significant work and achievements each year.
  • “As a Commercial Mortgage Brokerage in a sea of residential mortgage brokerages, this is a true honour,” says Vanessa Thomas, President at TMG Black Capital | HALO Advisory.
  • “We built TMG Black Capital | HALO Advisory to innovatively disrupt the challenges stakeholders face when dealing or trading in commercial mortgages,” says Stephen Thomas, CEO and Principal Broker at HALO Mortgage Advisory | TMG Black Capital.

Author Charles Wells's new book "The Fallacies of Black Capitalism" is a thorough examination of Black capitalism and the challenges it has faced since its inception

Retrieved on: 
Monday, December 12, 2022

DUNCANVILLE, Texas, Dec. 12, 2022 /PRNewswire-PRWeb/ -- Charles Wells, a retired international marketing and business consultant and former bank president who worked in the public and private sectors in forty-two US states, twenty-three African countries, the Philippines, and Mexico and received presidential appointments in two US administrations over the course of his sixty-four-year career, has completed his new book "The Fallacies of Black Capitalism": a graduate thesis presented in partial fulfillment of his Master of Business Administration degree from Pace University in 1972.

Key Points: 
  • After the 1965 Civil Rights Voting Act was passed, Black civil rights activists and business leaders began a very aggressive campaign to improve conditions in minority communities.
  • Nixon's program that he called "Black Capitalism" was designed to provide tax breaks and incentives for rich White developers, not economic justice.
  • These developers used these incentives and tax breaks to build upscale projects that the residents could not afford.
  • Published by Page Publishing, Charles Wells's engrossing book is a thought-provoking thesis for civil rights, entrepreneurship, and American history readers.

BuildWithin Launches With $2.4 M in Pre-Seed Funding and $8M in Government Grants to Help Employers Create, Manage & Expand Apprenticeship and Upskilling Programs

Retrieved on: 
Tuesday, November 8, 2022

These capabilities help businesses grow their workforce, stay in compliance, optimize salary spend and ensure workers are getting amazing on-the-job experiences.

Key Points: 
  • These capabilities help businesses grow their workforce, stay in compliance, optimize salary spend and ensure workers are getting amazing on-the-job experiences.
  • At my prior tech company, we had trouble filling our tech roles, so we started an apprenticeship program.
  • In addition to its seed funding, BuildWithin is the recipient of a $7.9M grant from the Department of Labor.
  • BuildWithin is a software platform that enables employers to create, manage and expand apprenticeship programs, accelerating the productivity of new workers.

Overtime Raises $100 Million in Series D Funding Round Led by Liberty Media Corporation and Counterpoint Global (Morgan Stanley)

Retrieved on: 
Tuesday, August 9, 2022

NEW YORK, Aug. 9, 2022 /PRNewswire-PRWeb/ -- Overtime announced today that it has raised $100 million in Series D funding led by Liberty Media Corporation and return investor Counterpoint Global (Morgan Stanley). Liberty Media has ownership stakes in high profile sports and media companies including Formula 1, the Atlanta Braves, SiriusXM and Live Nation Entertainment.

Key Points: 
  • NEW YORK, Aug. 9, 2022 /PRNewswire-PRWeb/ -- Overtime announced today that it has raised $100 million in Series D funding led by Liberty Media Corporation and return investor Counterpoint Global (Morgan Stanley).
  • Liberty Media has ownership stakes in high profile sports and media companies including Formula 1, the Atlanta Braves, SiriusXM and Live Nation Entertainment.
  • Winslow Capital, who manages more than $30 billion in growth equity strategies is also part of this new funding round.
  • Overtime has now raised more than $250 million in total funding.

Drop it Like it's Haute: 7-Eleven Releases Limited-Edition Apparel Collection with Overtime and Easy Otabor

Retrieved on: 
Wednesday, August 3, 2022

IRVING, Texas, Aug. 3, 2022 /PRNewswire/ -- 7-Eleven, Inc. knows its customers love to sport the season's hottest looks no matter where they are or what they're doing. To keep its fans looking fresh, the convenience retailer is dropping a limited-edition apparel collection with Overtime and Easy Otabor, a designer, entrepreneur and art curator.

Key Points: 
  • To keep its fans looking fresh, the convenience retailer is dropping a limited-edition apparel collection with Overtime and Easy Otabor , a designer, entrepreneur and art curator.
  • Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8991553-overtime-x-7-eleven-limi...
    The collection, Overtime x 7-Eleven curated by Easy Otabor, is inspired by "Game to Eleven," the phrase popularized by pick-up basketball.
  • Included in the collection are 7-Eleven and Speedway-branded hoodies, T-shirts, hats and mesh shorts.
  • "Overtime was built on creating an impactful digital community and brand, while Easy is one of the most influential people amongst art, streetwear and overall taste.

Overtime Teams Up with Shopify to Help Next Generation of Basketball Stars Establish Direct-to-Consumer Brands

Retrieved on: 
Thursday, June 2, 2022

ATLANTA, June 2, 2022 /PRNewswire-PRWeb/ -- Overtime joined forces with Shopify to empower six Overtime Elite athletes to build their own direct-to-consumer brands. With the help of famous designer Gemo Wong, each athlete had the opportunity to conceptualize and craft their own lifestyle brand through multiple virtual and in-person sessions. Overtime filmed the sessions to give fans an inside look at how the creative process unfolds.

Key Points: 
  • ATLANTA, June 2, 2022 /PRNewswire-PRWeb/ -- Overtime joined forces with Shopify to empower six Overtime Elite athletes to build their own direct-to-consumer brands.
  • Shopify and Overtime encourage athletes to look at business and growth through many lenses, not just basketball, so they can continue to monetize their skills and dynamic personalities.
  • "Shopify gives 100% power to the creator, which made them an exciting and natural fit for this partnership."
  • "The lessons I learned in the creative process are going to help me as I collaborate with more brands in the future."

Business Mogul Daymond John Joins Overtime's Board of Directors

Retrieved on: 
Tuesday, May 17, 2022

BROOKLYN, N.Y., May 17, 2022 /PRNewswire-PRWeb/ -- Overtime, the leading brand for the next generation of sports fans, announced today that award-winning entrepreneur Daymond John will be joining the organization's Board of Directors. Following the appointment of John, the Board will comprise of five members including co-founders Dan Porter and Zack Weiner, Sapphire Sport Partner Michael Spirito, and former Vice Chairman of Credit Suisse and Merrill Lynch Ken Miller.

Key Points: 
  • Following the appointment of John, the Board will comprise of five members including co-founders Dan Porter and Zack Weiner, Sapphire Sport Partner Michael Spirito, and former Vice Chairman of Credit Suisse and Merrill Lynch Ken Miller.
  • "It is an honor to join the Overtime Board of Directors at this exciting time in the company's quick ascendence as one of the leading sports brands in the world," said Overtime Board Member Daymond John.
  • "We're honored to welcome Daymond to our Board of Directors as we develop new ways for Overtime to engage with and entertain the next generation of athletes and fans."
  • The brand spans multiple verticals including basketball, football, soccer, gaming, sneakers, and business units including sponsorship, e-commerce, licensing and owned leagues.

Overtime To Invest Millions in New College Athlete Creator Studio

Retrieved on: 
Tuesday, August 10, 2021

NEW YORK , Aug. 10, 2021 /PRNewswire-PRWeb/ -- Overtime, the leading brand for the next generation of sports fans, announced today the launch of its new million dollar college athlete creator studio.

Key Points: 
  • NEW YORK , Aug. 10, 2021 /PRNewswire-PRWeb/ -- Overtime, the leading brand for the next generation of sports fans, announced today the launch of its new million dollar college athlete creator studio.
  • The content studio will help college athletes participate in the creator economy, growing their individual brand on social media through custom content creation including short form and long form video series and podcasts, apparel, and brand sponsorship opportunities.
  • Additionally, the company is already in talks with over a dozen other high profile college athletes around creator based content.
  • Overtime is the first to support athletes by offering a chance to monetize from being a creator."