HNWI

Allura Capital Announces Partnership to Form a Real Estate Investment Firm Focused on the Needs of the Individual Investor

Retrieved on: 
Monday, April 15, 2024

Allura Capital LLC (“Allura”), which provides venture and growth capital to early-stage companies, has announced the formation of a partnership with Targeted Real Estate Equities LLC (“Targeted”) and Holly Pond Capital LLC (“Holly Pond”) to provide attractive real estate investment opportunities to high-net-worth individuals (“HNWI”).

Key Points: 
  • Allura Capital LLC (“Allura”), which provides venture and growth capital to early-stage companies, has announced the formation of a partnership with Targeted Real Estate Equities LLC (“Targeted”) and Holly Pond Capital LLC (“Holly Pond”) to provide attractive real estate investment opportunities to high-net-worth individuals (“HNWI”).
  • The new entity, The Valorem Group LLC (“Valorem”), will sponsor a series of private equity real estate funds targeted to accredited individual investors seeking to diversify their investment portfolios by adding real estate as an asset class.
  • The customary individual offerings are not properly diversified geographically, are single asset syndications, and/or carry high fees,” offered Brian Jarmain of Holly Pond Capital.
  • Marcum King, Managing Director at Allura, stated, “Real estate has always been an area we found compelling and sought to expand into.

VINCI PARTNERS AND COMPASS ANNOUNCE BUSINESS COMBINATION, CREATING THE GATEWAY TO ALTERNATIVE ASSET MANAGEMENT IN LATIN AMERICA

Retrieved on: 
Thursday, March 7, 2024

RIO DE JANEIRO, March 7, 2024 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners," "Vinci," "we," "us," or "our"), a leading alternative investment platform based in Brazil, announced today an agreement (the "Transaction") for a combination with Compass.

Key Points: 
  • RIO DE JANEIRO, March 7, 2024 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners," "Vinci," "we," "us," or "our"), a leading alternative investment platform based in Brazil, announced today an agreement (the "Transaction") for a combination with Compass.
  • "Over the last 28 years, we have built a strong reputation through our extensive distribution network and track record in Latin America.
  • Our shared vision includes offering the best Latin American investment solutions to global investors and providing global solutions to Latin American investors.
  • Vinci Partners will host a conference call on Friday, March 8, 2024 at 8:00 am (Eastern Time) to discuss the Transaction.

BitGo joins the Hedera Council to further the success of the Hedera network and support innovation

Retrieved on: 
Wednesday, February 28, 2024

PALO ALTO, Calif., Feb. 28, 2024 /PRNewswire/ -- BitGo Trust Company Inc., the leading digital asset trust and security company, has joined the Hedera Council to support innovation and invest in the future success of the Hedera network. BitGo launched in 2013, and with over 1500 clients globally across 50 countries, BitGo provides highly secure hot wallets and multi-jurisdictional regulated custodial cold wallets within a single platform and a unified API. Prior to today's announcement, BitGo invested significant engineering and product time to add wallet-as-a-service and qualified custody support for the Hedera Token Service (HTS), and it already runs six mirror nodes on Hedera, the open source, leaderless proof-of-stake network.

Key Points: 
  • Furthering its vote of confidence in Hedera, BitGo becomes the 32nd member of the Hedera Council, a set of diverse, collusion-resistant organizations and enterprises committed to network innovation, stability, and the continued decentralization of Hedera.
  • Members of the Council run the initial network nodes and share an equal vote in the direction of Hedera's software and services.
  • Through its continued relationship with the Hedera network, BitGo plans to explore future opportunities to expand offering support with the Go Network, its real-time USD and digital asset settlement network.
  • We're excited to see how the relationship between Hedera and BitGo unfolds in light of today's news."

The BRICS Wealth Report: Challenging the Global Economic Order

Retrieved on: 
Tuesday, January 30, 2024

The BRICS bloc now represents more than 45% of the world's population and accounts for a larger share (nearly 36%) of global GDP than G7 countries (30%) when adjusting for purchasing power parity (PPP).

Key Points: 
  • The BRICS bloc now represents more than 45% of the world's population and accounts for a larger share (nearly 36%) of global GDP than G7 countries (30%) when adjusting for purchasing power parity (PPP).
  • CEO of Henley & Partners, Dr. Juerg Steffen , says an expanded BRICS presents attractive new opportunities for investors and entrepreneurs worldwide.
  • Looking to the decade ahead, India leads the BRICS pack with a forecast 110% increase in wealth per capita by 2033.
  • Head of Research at New World Wealth, Andrew Amoils , says five BRICS cities to watch are Bengaluru, Cape Town, Jeddah, Riyadh and Sharjah, ­as all are expected to experience particularly strong (80%+) wealth growth over the coming decade.

The BRICS Wealth Report: Challenging the Global Economic Order

Retrieved on: 
Tuesday, January 30, 2024

The BRICS bloc now represents more than 45% of the world's population and accounts for a larger share (nearly 36%) of global GDP than G7 countries (30%) when adjusting for purchasing power parity (PPP).

Key Points: 
  • The BRICS bloc now represents more than 45% of the world's population and accounts for a larger share (nearly 36%) of global GDP than G7 countries (30%) when adjusting for purchasing power parity (PPP).
  • CEO of Henley & Partners, Dr. Juerg Steffen , says an expanded BRICS presents attractive new opportunities for investors and entrepreneurs worldwide.
  • Looking to the decade ahead, India leads the BRICS pack with a forecast 110% increase in wealth per capita by 2033.
  • Head of Research at New World Wealth, Andrew Amoils , says five BRICS cities to watch are Bengaluru, Cape Town, Jeddah, Riyadh and Sharjah, ­as all are expected to experience particularly strong (80%+) wealth growth over the coming decade.

SPZI: JP 3E Holdings, Inc. Names Highly Qualified Board Member; Michel Verdy

Retrieved on: 
Tuesday, January 16, 2024

CLEARWATER, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce another highly qualified member to the Board – Michel Verdy.

Key Points: 
  • CLEARWATER, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce another highly qualified member to the Board – Michel Verdy.
  • Michel Verdy is a Canadian businessman, Global Citizen, Investment Architect with an impressive personal and business background.
  • Michel Verdy and CIG Partners Limited and CIG International have been developing major business projects since Quarter 2 2023.
  • For the benefit of the poorest young generation, Michel Verdy was an active member of The Rotary International.

EndoTech Review: Bringing AI-powered Quant Strategies to Institutional Asset Allocators

Retrieved on: 
Monday, January 8, 2024

These asset allocators are leveraging new technologies to capture alpha in volatile financial markets like foreign exchange, commodities and digital currencies.

Key Points: 
  • These asset allocators are leveraging new technologies to capture alpha in volatile financial markets like foreign exchange, commodities and digital currencies.
  • This EndoTech review underscores the algorithmic precision that empowers institutions to thrive in dynamic and challenging financial landscapes.
  • Data-Driven Insights for Portfolio Optimization: Delving into the heart of EndoTech's success, this review illuminates how institutional asset allocators leveraging the company's deep learning module gain access to meticulously derived insights.
  • Adaptive Strategies for Varied Market States: EndoTech's breakthrough in market state classification is explored in this authoritative review, showcasing its profound benefits for institutional asset allocators.

TradeFlow Capital Management breaks new ground in the diversification of trade finance capital with a regulated USDC-denominated eNote™ issuance through Obligate

Retrieved on: 
Monday, January 8, 2024

SINGAPORE, Jan. 8, 2024 /PRNewswire/ -- Singapore-based Fintech-powered Fund management firm TradeFlow Capital Management (TradeFlow) has reached another milestone in its Digitalisation strategy through the issuance of a regulated USDC-denominated bond allowing access to new sources of capital flexibly. The bond leverages Swiss-based firm Obligate's eNote™ framework to ensure a legally and regulatory compliant and globally acceptable standard for digital securities.

Key Points: 
  • TradeFlow utilises the leading on-chain debt capital markets platform, Obligate, to enhance and diversify its capital sources for asset backed trade finance
    SINGAPORE, Jan. 8, 2024 /PRNewswire/ -- Singapore-based Fintech-powered Fund management firm TradeFlow Capital Management (TradeFlow) has reached another milestone in its Digitalisation strategy through the issuance of a regulated USDC-denominated bond allowing access to new sources of capital flexibly.
  • The bond leverages Swiss-based firm Obligate's eNote™ framework to ensure a legally and regulatory compliant and globally acceptable standard for digital securities.
  • Dr. Tom James, CEO of TradeFlow stated: "TradeFlow is pleased to start 2024 with this announcement that testifies to our strong focus on digital innovation and the digital economy.
  • This adaptability enables funds to efficiently raise working capital tailored to their specific capital structure needs, allowing for direct engagement with capital markets."

Global Yacht (Propulsion, Category, Type, Length, & Region) Market Insights and Forecasts, 2022 and 2023-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 15, 2023

The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.

Key Points: 
  • The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.
  • Some of the variables driving market growth include a rise in income inequality, increased disposable income, and a favourable macroeconomic outlook.
  • By Propulsion: The market report has segmented the global yacht market into three segments in terms of propulsion: Outboard & Inflatables, Inboard, and Sailing.
  • By Type: According to report, the market has been segmented into five segments on the basis of type: Super Yacht, Sport Yacht, Flybridge Yacht, Long Range Yacht, and Others.

Global Luxury Fashion Market Outlook 2023-2028 with LVMH, Kering, Burberry, Armani Group, and Prada Group Dominating - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.

Key Points: 
  • APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.
  • Moreover, the continuous rising disposable income of the middle-class population supports the region's luxury fashion market.
  • Further, luxury fashion retailers are also taking initiatives to make sustainability more visible in the luxury fashion market.
  • The global luxury fashion market by generation can be segmented as Gen X, millennials & Gen Z, and baby boomers & silent gen.