6th Street

Exercise of Warrants

Retrieved on: 
Wednesday, April 10, 2024
Exercise, Application, Official List, London Stock Exchange, Warrant, 6th Street, GPH, GBP, Annual general meeting, Admission, Security (finance)

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, has received notification of the exercise in full of warrants held by Sixth Street Capital Partners LLC (“Sixth Street”), over an aggregate 8,395,118 new Ordinary shares of £0.01 each (“Ordinary Shares”) in the Company at an exercise price of 1 pence per ordinary share.

Key Points: 
  • Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, has received notification of the exercise in full of warrants held by Sixth Street Capital Partners LLC (“Sixth Street”), over an aggregate 8,395,118 new Ordinary shares of £0.01 each (“Ordinary Shares”) in the Company at an exercise price of 1 pence per ordinary share.
  • The Company issued Sixth Street with the initial warrants as part of the refinancing announced on the 24 May 2021 and further warrants as part of the ‘Adjustment Event’ announced on the 14 July 2023.
  • The Warrant Shares will be issued under authorities granted at the Company’s June 2021 General Meeting and 2023 Annual General Meeting to issue those shares required to be allotted upon the exercise of the Warrants.
  • Following Admission, the Company’s issued share capital admitted to trading will consist of 76,433,126 ordinary shares of GBP 0.01 each.

GreenSky Announces Completion of Acquisition by Sixth Street-led Consortium

Retrieved on: 
Friday, March 15, 2024
Women, Construction & Property, Finance, Men, Banking, Professional Services, Consumer, Residential Building & Real Estate, Partnership, KKR, Acquisition, 6th Street, Entrepreneurship, Goldman Sachs, Commerce

GreenSky today completed the previously announced acquisition of the company by a consortium of institutional investors led by Sixth Street and including KKR, Bayview Asset Management and CardWorks from Goldman Sachs.

Key Points: 
  • GreenSky today completed the previously announced acquisition of the company by a consortium of institutional investors led by Sixth Street and including KKR, Bayview Asset Management and CardWorks from Goldman Sachs.
  • As part of the transaction, GreenSky is also deepening its strategic partnership with Synovus Bank, which has been an integral part of the GreenSky® Program since 2015.
  • The GreenSky® Program is the largest lending platform for home improvement loan originations by banks in the United States.
  • “GreenSky’s mission has always been to deliver exceptional value, helping businesses grow and delight their customers,” said Tim Kaliban, CEO of GreenSky.

The Siegel Group Acquires Downtown Las Vegas Trophy Property

Retrieved on: 
Monday, February 26, 2024
Commercial Building & Real Estate, Construction & Property, REIT, 6th Street, Acquisition, Gold, Fremont Street, Las Vegas Boulevard, Travel, The Siegel Group, Fremont Street Experience

The Siegel Group, a real estate investment and management company, announced today that it had acquired 517, 523 and 525 Fremont Street and 100 S. 6th Street in downtown Las Vegas.

Key Points: 
  • The Siegel Group, a real estate investment and management company, announced today that it had acquired 517, 523 and 525 Fremont Street and 100 S. 6th Street in downtown Las Vegas.
  • The Siegel Group has actively supported and invested in downtown Las Vegas since 2004.
  • Stephen Siegel, President of The Siegel Group, stated, “We are excited that we were able to acquire this trophy generational asset in such a historical area.
  • This is one of the most unique areas in all of Las Vegas and opportunities to acquire properties in this one-of-a-kind location are extremely rare.

Austin Welcomes a New Mural by Mr. Doodle in Partnership with Art + Artisans and the Downtown Austin Alliance Foundation

Retrieved on: 
Thursday, March 7, 2024
6th Street, SXSW, CST, Art, Life, Creativity, KBS, Heart, Imagination, Paramount Theater, Partnership, Interior design

AUSTIN, Texas, March 7, 2024 /PRNewswire/ -- Art + Artisans is thrilled to announce a partnership with Mr. Doodle, KBS, and Downtown Austin Alliance Foundation to bring a new mural to Downtown Austin. Known for his unique, spontaneous style combining doodling, cartooning and graffiti, Mr. Doodle has garnered international acclaim for transforming spaces with his intricate, monochrome murals.

Key Points: 
  • Open Media Call at 2 pm CST Friday, 8 March 2024
    AUSTIN, Texas, March 7, 2024 /PRNewswire/ -- Art + Artisans is thrilled to announce a partnership with Mr. Doodle, KBS, and Downtown Austin Alliance Foundation to bring a new mural to Downtown Austin.
  • Within merely two weeks, the team at Art + Artisans successfully facilitated the donation agreement involving the building owner KBS, the Downtown Austin Alliance Foundation, and Mr. Doodle himself.
  • Huge thanks to everyone at Art + Artisans and Downtown Austin Alliance for finding me the location and making this come to life."
  • "We are thrilled Mr. Doodle chose downtown Austin to create an iconic mural that will add to the vibrancy and vitality of our city center," De Peart, president and CEO of the Downtown Austin Alliance, said.

Sixth Street Expands Real Estate Platform, Adding Marcos Alvarado as Partner

Retrieved on: 
Tuesday, January 16, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, Entrepreneurship, Starwood Capital Group, Investment, Head, Street, Istar, 6th Street, Partner, Business operations, Cryptocurrency

Sixth Street, a leading global investment firm with over $75 billion in assets under management, today announced the expansion of its Sixth Street Real Estate platform with the addition of Marcos Alvarado as a Partner of the firm and Head of U.S. Real Estate.

Key Points: 
  • Sixth Street, a leading global investment firm with over $75 billion in assets under management, today announced the expansion of its Sixth Street Real Estate platform with the addition of Marcos Alvarado as a Partner of the firm and Head of U.S. Real Estate.
  • Sixth Street Real Estate is a global investment platform focused on acquiring properties and providing financing solutions across the full range of real estate sectors, including residential, hospitality, office, industrial, and retail.
  • “Sixth Street is one of the few platforms with the scale, experience, and flexible approach to be a significant force in the future of the global real estate market,” said Alvarado.
  • “I am thrilled to join this highly experienced team and work alongside them to help develop creative solutions for real estate asset owners, while expanding the depth and breadth of our real estate business.”

KBRA Assigns Rating to Sixth Street Specialty Lending, Inc.'s $350 Million Senior Unsecured Notes Due 2029

Retrieved on: 
Tuesday, January 9, 2024
Professional Services, Finance, 6th Street, Corporate services, KBRA, Consumer, Final good, Investment, Risk management, RIC, Outlook, Security (finance)

KBRA assigns a rating of BBB+ to Sixth Street Specialty Lending, Inc.’s (NYSE: TSLX or “the company”) $350 million 6.125% senior unsecured notes due March 1, 2029.

Key Points: 
  • KBRA assigns a rating of BBB+ to Sixth Street Specialty Lending, Inc.’s (NYSE: TSLX or “the company”) $350 million 6.125% senior unsecured notes due March 1, 2029.
  • TSLX’s liquidity is adequate with $981.5 million of combined cash and available committed bank lines and its earliest maturity of $347.5 million in November 2024.
  • KBRA believes that unsecured noteholders have sufficient unencumbered assets due to its high proportion of investments highest in the capital structure.
  • The company is managed by Sixth Street Specialty Lending Advisers, LLC, an affiliate of Sixth Street Partners (“Sixth Street").

GoldenTree Asset Management Hires Head of Corporate Strategy

Retrieved on: 
Monday, November 27, 2023
Professional Services, Business, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, 6th Street, GoldenTree Asset Management, Strategic management, Growth, GLM, Shawn, Partner (business rank), Multimedia, Partner, Executive Committee, Corporate Accountability, Management, Retail

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $51 billion in assets under management, today announced the hiring of Shawn Mathew as Partner and Head of Corporate Strategy, a newly created role.

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $51 billion in assets under management, today announced the hiring of Shawn Mathew as Partner and Head of Corporate Strategy, a newly created role.
  • He joins GoldenTree from Sixth Street, where he was a Managing Director responsible for Corporate Strategy, Financial Planning and Corporate Accounting.
  • View the full release here: https://www.businesswire.com/news/home/20231127384341/en/
    Shawn Mathew, Partner and Head of Corporate Strategy, GoldenTree Asset Management (Photo: Business Wire)
    Steve Tananbaum, GoldenTree’s Founder, Managing Partner and Chief Investment Officer noted, “We are pleased to have Shawn join us to help drive GoldenTree’s strategic growth and corporate initiatives in close coordination with our Executive Committee.
  • Mathew said, “I am thrilled to join GoldenTree as the Head of Corporate Strategy.

Stayntouch Raises $48 Million in Strategic Growth Equity Investment Led by Sixth Street Growth

Retrieved on: 
Tuesday, December 12, 2023
6th Street, MCR, Growth, PMS, Acquisition, Software

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Stayntouch , a global leader in cloud hotel property management systems (PMS), today announced it has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth , the technology growth investing arm of Sixth Street.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Stayntouch , a global leader in cloud hotel property management systems (PMS), today announced it has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth , the technology growth investing arm of Sixth Street.
  • Since inception, over $200 million has been invested in the growth of Stayntouch and the development of its cloud-based software products.
  • "Sixth Street is the perfect strategic partner for Stayntouch as they offer flexible capital solutions and deep operational experience.
  • As part of the investment, Michael Bauer of Sixth Street Growth will join the board in supporting the company to achieve its next phase of growth.

Keyfactor Named as the Fastest-Growing Provider of Digital Trust in North America on Deloitte’s Fast 500™ List for the Fourth Consecutive Year

Retrieved on: 
Wednesday, November 8, 2023
IOT (Internet of Things), Security, Data Management, Technology, Software, Internet of things, Fintech, Adam, Pressure, Environment, Deloitte Technology Fast 500, Digital Trust Center, PKI, Telecommunications, Organization, EJBCA, 6th Street, Online shopping

“It’s an honor to be included in Deloitte’s prestigious list for the fourth consecutive year,” said Jordan Rackie, CEO, Keyfactor.

Key Points: 
  • “It’s an honor to be included in Deloitte’s prestigious list for the fourth consecutive year,” said Jordan Rackie, CEO, Keyfactor.
  • “Enabling digital trust is now a mission-critical imperative for every business that conducts online operations, with PKI and digital identity management at the center of secure online transactions.
  • As more identities are created, there is increased pressure to ensure digital trust is established and maintained amid the inherent risks associated with digital environments — a challenge that most organizations struggle with.
  • Powered by EJBCA, the most trusted and widely used open-source PKI, Keyfactor’s solutions are trusted by more than 1,500 organizations to build and maintain digital trust.

Brentwood Associates and Sixth Street Make Significant Growth Investment in Far West Services, a Wingstop Franchisee

Retrieved on: 
Tuesday, November 7, 2023
Finance, Restaurant, Bar, Food, Beverage, Retail, Professional Services, Associate, Brentwood Associates, Far, 6th Street, History, Service, Growth, Partnership, Video game

Brentwood Associates (“Brentwood”), a leading growth-oriented private equity firm, and Sixth Street, a leading global investment firm, have completed a significant growth investment in Far West Services (“Far West” or the “Company”), a franchisee of Wingstop restaurants.

Key Points: 
  • Brentwood Associates (“Brentwood”), a leading growth-oriented private equity firm, and Sixth Street, a leading global investment firm, have completed a significant growth investment in Far West Services (“Far West” or the “Company”), a franchisee of Wingstop restaurants.
  • Brentwood and Sixth Street invested in partnership with Far West’s existing management, who will remain significant shareholders in the business going forward.
  • Founded in 2003 and headquartered in Costa Mesa, California, Far West is a Wingstop franchisee and currently operates over 100 restaurant locations across California, Nevada, Washington, Colorado, and Utah.
  • Far West has steadily grown over the past two decades within existing and new territories through organic growth, new restaurant openings and strategic acquisitions.