Iron Stone Strategic Capital Partners

China-Euro Stock Connect Launch to a Flying Start, Gotion High-Tech GDR is officially listed on the SIX Swiss Exchange

Retrieved on: 
Monday, August 1, 2022 - 12:20pm

On 7.28, the listing ceremony of the first batch of GDRs for the China-Switzerland Stock Connect was held simultaneously on the SIX Swiss Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange.

Key Points: 
  • On 7.28, the listing ceremony of the first batch of GDRs for the China-Switzerland Stock Connect was held simultaneously on the SIX Swiss Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange.
  • The listed companies by issuing GDRs at the SIX Swiss Exchang include Gotion High-Tech, GEM, Shanshan and Keda Manufacturing.
  • According to information from the Shenzhen Stock Exchange, with the approval of the China Securities Regulatory Commission, Gotion High-Tech has been listed at the Swiss Stock Exchange on July 28.
  • It is the project with the largest issuance scale and the smallest discount among the first batch of Swiss GDR issuance projects.

Strategic Capital and Plaza Construction Commemorate ‘Topping Out’ At One Grove Street in Jersey City

Retrieved on: 
Wednesday, July 27, 2022 - 7:18pm

Strategic Capital, a leading real estate investment and development platform, and Plaza Construction, one of the nations foremost construction management and general contracting firms, commemorated today the completion of vertical structural elements at One Grove Street in Jersey City.

Key Points: 
  • Strategic Capital, a leading real estate investment and development platform, and Plaza Construction, one of the nations foremost construction management and general contracting firms, commemorated today the completion of vertical structural elements at One Grove Street in Jersey City.
  • Strategic Capital develops, owns, and operates mixed types of properties in New York, New Jersey and Texas.
  • It acquired one of New York City's most prominent builders, Plaza Construction, from the Fisher family in 2014.
  • At the forefront of the ever-changing construction industry, Plaza is constantly exploring and developing new technologies and methods.

Priori Legal Secures $15 Million to Fuel Growth and Drive Industry Transformation with Its Leading Legal Marketplace for In-House Teams

Retrieved on: 
Wednesday, July 20, 2022 - 1:00pm

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Priori Legal , the leading legal marketplace for in-house legal teams, announced today that it closed a $15M A-1 financing round led by Eagle Proprietary Investments.

Key Points: 
  • NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Priori Legal , the leading legal marketplace for in-house legal teams, announced today that it closed a $15M A-1 financing round led by Eagle Proprietary Investments.
  • We have added capital partners with deep legal industry experience to accelerate our growth and enhance our technology to add more value to in-house teams and law firms.
  • The investment will help fund go-to-market strategies, fuel new product development and increase functionality of its existing products.
  • As Priori continues to drive transformation in the legal space and beyond, it has been continually recognized by various software and legal industry organizations for its innovation, thought leadership and entrepreneurship.

Sound Point Capital Provides Financing to Dura Automotive

Retrieved on: 
Wednesday, July 13, 2022 - 1:30pm

Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (Dura or the Company), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (MiddleGround or the Sponsor).

Key Points: 
  • Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (Dura or the Company), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (MiddleGround or the Sponsor).
  • The Strategic Capital team at Sound Point partners with sponsors and management teams to provide debt capital for a variety of uses, including M&A, working capital, and owner distributions.
  • About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.
  • Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business.

UniFi Group to Acquire Controlling Stake in National Flood Services LLC

Retrieved on: 
Friday, June 10, 2022 - 3:45pm

CHICAGO, June 10, 2022 (GLOBE NEWSWIRE) -- PEAK6 InsurTech, an insurance operations subsidiary of PEAK6 Investments , announced today that UniFi Group has agreed to acquire a controlling interest in National Flood Services (NFS).

Key Points: 
  • CHICAGO, June 10, 2022 (GLOBE NEWSWIRE) -- PEAK6 InsurTech, an insurance operations subsidiary of PEAK6 Investments , announced today that UniFi Group has agreed to acquire a controlling interest in National Flood Services (NFS).
  • Dr. Kiran C. Patel, Chairman of UniFi Group, commented, UniFi focuses on building technology solutions that support the Flood and P&C Insurance markets.
  • UniFi Group is a privately held service organization with significant experience providing innovative technology solutions and value-added services, products, and benefits to the property and casualty industry.
  • The groups organizational expertise and product offerings span various areas from insurance carriers, agencies, contact centers, repair networks, and IT services.

ImmunOs Therapeutics Raises $74 Million Series B Financing Round

Retrieved on: 
Tuesday, June 7, 2022 - 6:30am

Schlieren (Zurich Area), Switzerland, and Gaithersburg, MD, USA June 7, 2022 ImmunOs Therapeutics AG , a biopharmaceutical company leveraging its HLA-based technology platform to develop first-in-class therapeutics for the treatment of cancer and autoimmune diseases, today announced the closing of an oversubscribed Series B financing round totaling $74 million.

Key Points: 
  • Schlieren (Zurich Area), Switzerland, and Gaithersburg, MD, USA June 7, 2022 ImmunOs Therapeutics AG , a biopharmaceutical company leveraging its HLA-based technology platform to develop first-in-class therapeutics for the treatment of cancer and autoimmune diseases, today announced the closing of an oversubscribed Series B financing round totaling $74 million.
  • "We are delighted to close this significant financing round led by a group of top-tier U.S. and European investors," said Sean R. Smith, CEO of ImmunOs Therapeutics.
  • ImmunOs Therapeutics AG leverages its HLA-based technology platform to develop first-in-class therapeutics for the treatment of cancer and autoimmune diseases.
  • ImmunOs is also developing antibodies to block the activation of specific HLA protein molecules associated with autoimmune diseases.

LEX Announces It Will Take Seattle's SOLIS Building Public In IPO

Retrieved on: 
Tuesday, May 24, 2022 - 2:00pm

After multiple successful IPOs in New York and other cities, LEX is taking another building public, this time in the highly in-demand market of Seattle.

Key Points: 
  • After multiple successful IPOs in New York and other cities, LEX is taking another building public, this time in the highly in-demand market of Seattle.
  • The building, SOLIS, is an award-winning multifamily and retail asset designed with sustainability in mind.
  • This offering is available to the general public on the LEX platform starting today.
  • Were thrilled to partner with LEX and offer investors the opportunity to invest in SOLIS through their innovative model, said Marc Coluccio, SolTerra Capital COO.

Conversus StepStone Private Markets Exceeds $500 Million in Assets Under Management within 18 Months

Retrieved on: 
Tuesday, April 26, 2022 - 1:05pm

CHARLOTTE, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, today announced that its inaugural fund, Conversus StepStone Private Markets (CPRIM), has surpassed $500 million of assets under management (AUM).

Key Points: 
  • CHARLOTTE, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, today announced that its inaugural fund, Conversus StepStone Private Markets (CPRIM), has surpassed $500 million of assets under management (AUM).
  • Conversus acts as adviser to CPRIM and is a wholly owned business of StepStone Group LP (StepStone), which acts as sub-adviser.
  • Ms. El Debs joins Conversus from Quintet Private Bank where she led the offering and distribution of alternative investments, including private markets.
  • As of December 31, 2021, StepStone oversaw approximately $548 billion of private markets allocations, including $127 billion of assets under management.

CIBC Innovation Banking Expands North American Coverage With New Seattle Office

Retrieved on: 
Wednesday, April 20, 2022 - 5:00pm

Leading the expansion effort in Seattle is John Flemming, who joins the CIBC Innovation Banking North American team as a Managing Director as the group looks to expand its presence in the greater Pacific Northwest region.

Key Points: 
  • Leading the expansion effort in Seattle is John Flemming, who joins the CIBC Innovation Banking North American team as a Managing Director as the group looks to expand its presence in the greater Pacific Northwest region.
  • Through this new office, CIBC Innovation Banking will look to deliver its robust expertise in growth capital, advisory, and cash management to innovation companies in the Seattle area, which has seen record funding, hiring, and IPOs over the last few years.
  • Im thrilled to be joining the CIBC Innovation Banking team during this exciting period of growth, and look forward to helping to deliver its unique financial services capabilities to innovation companies across the region as they look to scale their businesses, said John Flemming, Managing Director of CIBC Innovation Bankings Seattle office.
  • Were excited to have John come aboard our team to open the Seattle office and bring the CIBC Innovation Banking brand and product suite to the greater Pacific Northwest, said Mark McQueen, President & Executive Managing Director at CIBC Innovation Banking.

Ansa Biotechnologies Closes Oversubscribed $68 Million Series A Financing to Power the Next Era of DNA-Enabled Industries

Retrieved on: 
Monday, April 11, 2022 - 1:00pm

Ansa’s enzyme-based approach will dramatically accelerate innovation across almost every industry enabled by synthetic DNA-- from biologic therapeutics such as antibodies, gene therapies, and cell therapies, to the biomanufacturing of chemicals, materials, foods, and biofuels, and even to futuristic applications such as DNA-based data storage. The technology also has the potential to unlock new areas of life sciences research that have yet to be explored.

Key Points: 
  • The company has raised a total of $82 million from private financings to date.
  • To support this development, Ansa will expand its state-of-the-art R&D and manufacturing facilities and will grow its multidisciplinary team across biochemistry, chemistry, engineering, bioinformatics, and operations.
  • Ansa is on a mission to streamline the writing of DNA to power the next era of DNA-enabled industries.
  • Ansa Biotechnologies is building a fast and reliable DNA synthesis service to accelerate synthetic biology research.