Irish Section 110 Special Purpose Vehicle (SPV)

New Solution Simplifies Tax Calculations, Reporting, and Filings for SPVs

Retrieved on: 
Tuesday, January 24, 2023
SPV, Documentation, Irish Section 110 Special Purpose Vehicle (SPV), Ecosystem, Small business, Research, Cryptocurrency

SPVs are often used as a way to isolate and compartmentalize investment assets.

Key Points: 
  • SPVs are often used as a way to isolate and compartmentalize investment assets.
  • SPV Tax provides a unified, seamless, and end-to-end platform for U.S. federal and state tax return preparations and filings for small business owners, investors, or anyone wanting to manage their finances more efficiently and effectively.
  • SPV Tax is a user-friendly solution that frees users from spending hours pouring over paperwork and calculating numbers.
  • All users need to do to ensure their tax returns are completed accurately and efficiently is simply upload their documentation.

Crystal Capital Partners Named Alternative Investments Platform of the Year by Wealth Solutions Report

Retrieved on: 
Tuesday, December 13, 2022
Registered investment adviser, SPV, Irish Section 110 Special Purpose Vehicle (SPV), Partnership, RIAS, Special-purpose entity, IBD, Investment, Growth, QP, AUM, Crystal, Website, Financial adviser

MIAMI, Dec. 13, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, was named a winner of a Wealth Solutions Report Exemplar Award, a recognition of the best firms in wealth management. An industry leader offering a streamlined institutional alternative investment platform, Crystal was recognized as one of three firms playing a critical role in delivering a wide range of funds to wealth management firms, including independent broker-dealers and RIAs.

Key Points: 
  • MIAMI, Dec. 13, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, was named a winner of a Wealth Solutions Report Exemplar Award , a recognition of the best firms in wealth management.
  • Steven Brod, CEO of Crystal Capital Partners, said, "We are honored to be recognized as one of the leading Alternative Investments Platforms of the Year by Wealth Solutions Report.
  • Wealth Solutions Report noted Crystal has built robust partnerships with more than 200 advisory firms while achieving 20% AUM growth over the past two years.
  • Crystal Capital Partners is a turn-key alternative investment platform, providing financial advisors with exposure to third-party institutional private market and hedge funds for their clients' portfolios.

Crystal Capital Partners Deepens Partnership With Advisory Network

Retrieved on: 
Friday, December 2, 2022
Sale, SPV, RIA, HNW, Special-purpose entity, Investment, QP, Education, AUM, Irish Section 110 Special Purpose Vehicle (SPV), Financial services, Financial adviser, Risk management, Crystal

MIAMI, Dec. 2, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, today announced the outcome of highly productive partnerships with several advisory firms in its network.

Key Points: 
  • MIAMI, Dec. 2, 2022 /PRNewswire/ -- Crystal Capital Partners, a leading turnkey alternative investment platform for financial advisors, today announced the outcome of highly productive partnerships with several advisory firms in its network.
  • With partner firms, Crystal showcased alternative investments and demonstrated the power of its integrated platform before industry audiences across a series of in-person events and conferences this quarter.
  • Steven Brod, CEO of Crystal Capital Partners, concluded, "As advisors increasingly turn to alternative investments for diversification and uncorrelated returns, we are committed to supporting their business development and client education efforts, at the point of sale and well beyond.
  • We look forward to our next gathering, and future opportunities to connect with the community of independent financial advisors and wealth managers."

Cool Company Ltd. Q3 2022 Business Update

Retrieved on: 
Wednesday, November 16, 2022
Transfer, COVID-19, Ice, Environment, JKM, Golar LNG, Annual general meeting, SOFR, Risk, Quarter, Acquisition, Insurance, Maharashtra Maritime Board, Policy, USD, Golar Spirit, Maintenance, Shell, TTF, Accident, EPS, Private company limited by shares, Piracy, NOK, Sale, FSRU, Irish Section 110 Special Purpose Vehicle (SPV), Title Transfer Facility, Public expenditure, Nord Stream, Natural gas, Airline, Security (finance), Cryptocurrency, Real estate, Oil, Industrial gas, Risk management, LNG

Due to idle days prior to the September delivery of the $140,000 per day re-contracted vessel, Q3 2022 fleet utilization was 95%.

Key Points: 
  • Due to idle days prior to the September delivery of the $140,000 per day re-contracted vessel, Q3 2022 fleet utilization was 95%.
  • As of September 30, 2022, CoolCo had cash and cash equivalents of $94.8 million and total short and long-term debt of $657.4 million.
  • Of these, EPS hold 26,790,545 shares, equivalent to approximately 49.9% of the Company, Golar holds 4,463,846 shares, equivalent to approximately 8.3% of the Company and the public holds 22,434,071 shares, equivalent to approximately 41.8% of the Company.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

Figure Announces Expansion of Digital Fund Listing Business Alongside Leading Asset Managers

Retrieved on: 
Tuesday, November 22, 2022
Ecosystem, SAN, HASH, DFS, SoFi, Daou Technology Inc., APO, Figure, Asset, KYC, Blockchain, NYSE, Multimedia, COSMOS, Figure Technologies, Irish Section 110 Special Purpose Vehicle (SPV), Friction, Visage SDK, Risk, Decentralized finance, ATS, Cryptocurrency, Provenance

SAN FRANCISCO, Nov. 22, 2022 /PRNewswire/ -- Figure Technologies, Inc. ("Figure") today announced that leading asset managers Apollo (NYSE: APO) and Hamilton Lane (NASDAQ: HLNE) have launched digitally native investment vehicles using Figure's Digital Fund Services ("DFS"). The DFS platform supports on-chain fund subscriptions as well as ongoing fund operations and administration.

Key Points: 
  • SAN FRANCISCO, Nov. 22, 2022 /PRNewswire/ --Figure Technologies, Inc. ("Figure") today announced that leading asset managers Apollo (NYSE: APO) and Hamilton Lane (NASDAQ: HLNE) have launched digitally native investment vehicles using Figure's Digital Fund Services ("DFS").
  • In using Figure DFS, asset managers seek to capitalize on the opportunity for increased accessibility and digital onboarding, liquidity through a digital marketplace, and real-time digitalization of operations.
  • Post-close, capital calls and distributions are also managed on-chain to reduce the operational burdens associated with fund cash management.
  • Figure will continue to work with industry participants and the managed fund community to best leverage blockchain technology across all fund types and life cycles.

Madison Ventures+ Investment in Spectrum King LED Leads to 24 Months of Successful Innovation

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, Irish Section 110 Special Purpose Vehicle (SPV), Investment, Leadership, LED, Partnership, Lighting, Adoption, Efficiency, Philosophy, Engineering, Growth, HPS, Spectrum, MV, Industry, Financial services, Television, Phoenix

Working with MV+ has transformed Spectrum King LED from a well-regarded inventor-in-a-garage company to a finely-tuned machine.

Key Points: 
  • Working with MV+ has transformed Spectrum King LED from a well-regarded inventor-in-a-garage company to a finely-tuned machine.
  • Founded in 2014, Spectrum King LED is at the forefront of horticultural lighting innovation.
  • Spectrum King LED designed, patented and manufactured the first full-spectrum LED grow light, which was purpose built to optimize energy efficiency while providing the perfect spectrum of light to maximize plant yields.
  • Today, Spectrum King LED lighting systems can be found in a wide variety of indoor grows and greenhouse applications.

Ceros Financial Services Arranges $7.5 Million Financing for Wesper

Retrieved on: 
Tuesday, November 8, 2022
Skin, Nature, Private placement, Irish Section 110 Special Purpose Vehicle (SPV), Cancer, GT, Machine learning, Algorithm, Risk factor, Goldwasser, Investment, Smartphone, Ceros, Risk, RIA, Technology, CEO, Pharmaceutical industry, Private

MIAMI, Nov. 8, 2022 /PRNewswire/ -- Ceros Financial Services announced that Ceros Capital Markets, its investment banking division, has completed a $7.5 million Series A round for Wesper, which has developed the first clinical-grade FDA cleared platform to bring the full cycle of sleep therapy to home users. 

Key Points: 
  • Wesper essentially provides an at-home sleep lab with professional guidance," said Mark Goldwasser, CEO of Ceros Financial Services.
  • Ceros focuses on fundraising for early-stage medical technology and medical device companies that are developing disruptive technologies for diagnostic and non-invasive procedures.
  • Ceros services include RIA custody, hybrid advisors, corporate RIA, mutual fund advisory and distribution, and an outsourced trade desk.
  • In addition, Ceros Capital Markets, a division of Ceros Financial, is a digital and traditional platform for the distribution of primary offerings in medical devices and secondaries in unicorns via Special Purpose Vehicles (SPVs).

Financing and Bitmain Prepayment Update

Retrieved on: 
Wednesday, November 2, 2022
Miner, Failure, Growth, International, Irish Section 110 Special Purpose Vehicle (SPV), Annual report, Mission statement, SEC, Natural borrowing limit, GLOBE, Electricity, Industry, Public expenditure, Creativity, Contract, Bankruptcy, Terminology, Group, Risk management, NASDAQ, Private Securities Litigation Reform Act, Engine Company 6 Fire Station, Company, Investor relations, Forward-looking statement, International Financial Reporting Standards, Renewable energy, Cryptocurrency, Reinsurance, Bank, Mail, Real estate, Security (finance), Construction, COVID-19, Bitcoin, Iris, Bitmain

2.4 EH/s of miners2 and all of the Groups data center capacity & development pipeline are unaffected by these financing arrangements.

Key Points: 
  • 2.4 EH/s of miners2 and all of the Groups data center capacity & development pipeline are unaffected by these financing arrangements.
  • In addition to this financing update, the Company is pleased to announce that it has utilized an additional portion of its prepayments with Bitmain, further reducing unutilized prepayments made to Bitmain from $83 million to $75 million.
  • The Group has no debt other than the limited recourse equipment financing arrangements described below.
  • Accordingly, you should not place undue reliance on the preliminary financial information included in this investor update.

Madison Ventures+, Desert Willow Industrial Partners, Make Tremendous Strides with Class A Industrial Park Development in Mesa, Arizona

Retrieved on: 
Tuesday, October 25, 2022
MSD, Shepard Road/Warner Road, History, Acquisition, LinkedIn, Madison Avenue, Irish Section 110 Special Purpose Vehicle (SPV), Arizona Biltmore Hotel, Growth, Adoption, Apple, Samsung, Philosophy, Industry, Banner Health, Lowes, Leadership, Virgin Galactic, GLOBE, HUB, Arizona State Route 202, 400 Madison Avenue, Lucid, Investment, Phoenix–Mesa Gateway Airport, Ownership, UBS, Microsoft, MV, Airline, Financial services, Facebook, East Valley (Phoenix metropolitan area), Gulf Stream (disambiguation), Google, Boeing

DWIP is an MV+ portfolio company focused on the development, leasing and ownership of Class A industrial properties in the Phoenix Metropolitan area.

Key Points: 
  • DWIP is an MV+ portfolio company focused on the development, leasing and ownership of Class A industrial properties in the Phoenix Metropolitan area.
  • The planned $250 million HUB@202 development will be a 1.5 million square foot Class A industrial park, with 11 warehouse buildings ranging in size from 65,800 to 270,000 square feet.
  • Desert Willow is developing the HUB@202 project jointly with Wharton Equity Partners, a real estate-focused private equity firm located in New York City.
  • A broker reception to celebrate the project and provide additional information is being held Wednesday at the Arizona Biltmore in Phoenix.

Next Play Capital Closes Oversubscribed Fund III at $200M

Retrieved on: 
Thursday, October 13, 2022
Banking, Asset Management, Professional Services, Finance, Partnership, Fund, Science and technology in Asia, Fellow, GP, Irish Section 110 Special Purpose Vehicle (SPV), Chief executive officer, NFL, Ecosystem, Software as a service, LP record, Athlete, Renewable energy, Financial services

The Fund exceeded its initial target size of $150 million and significantly surpasses the size of its predecessor Fund II .

Key Points: 
  • The Fund exceeded its initial target size of $150 million and significantly surpasses the size of its predecessor Fund II .
  • Fund III adds 11 new institutional limited partners (LPs) who embody the values that reflect Next Play Capitals diverse LP community.
  • Fund III is the largest in Next Play Capitals history, marking a 2.5x increase from the second flagship vehicle and bringing the firms total assets under management to $425 million.
  • Next Play Capital leverages long-standing relationships and an overall value-add mentality to gain access to leading venture investors and creators.