Privatization fund

Confluence’s Proven Reporting Platform Addresses New Reporting Requirements of Private Fund Rule

Retrieved on: 
Thursday, December 14, 2023
Professional Services, Data Management, Data Analytics, Technology, Finance, Consulting, Banking, Data collection, Data management, Privatization fund, AI, Confluence (company), Face, Confluence, Bank

Confluence’s reporting platform has for decades enabled the investment management industry to meet regulatory and shareholder reporting needs.

Key Points: 
  • Confluence’s reporting platform has for decades enabled the investment management industry to meet regulatory and shareholder reporting needs.
  • “Our market-leading reporting capabilities give the private fund industry the power to address the incredibly onerous undertaking of Private Fund Rule reporting,” said Todd Moyer, President and Chief Operating Officer at Confluence.
  • Confluence’s Private Fund Reporting Platform fulfills periodic reporting obligations seamlessly while ensuring that annual, interim, and quarterly reports are generated from the diverse data sets, offering consistency and efficiency in compliance efforts.
  • To learn more about how Confluence’s Private Fund Reporting platform or request a demo, please visit www.confluence.com/solutions/private-fund-reporting-platform

NCLA Encourages Fifth Circuit to Rein in Renegade SEC’s Unlawful Private Fund Regulation Effort

Retrieved on: 
Thursday, November 9, 2023
National Association, Privatization fund, Security (finance), Investment company, NCLA, Congress, Investment Company Act of 1940, United States Court of Appeals for the Fifth Circuit, Administration, Dodd–Frank Wall Street Reform and Consumer Protection Act, Administrative Procedure Act (United States), Financial adviser

Verret joined NCLA’s brief in the case, which draws from comments some of them filed during SEC’s rulemaking process.

Key Points: 
  • Verret joined NCLA’s brief in the case, which draws from comments some of them filed during SEC’s rulemaking process.
  • But that Dodd-Frank provision was focused entirely on retail customers and not highly sophisticated private investment funds.
  • NCLA joins amici’s call for the Fifth Circuit to scrap this unlawful SEC rule.
  • We are confident that, once again, the courts will rein in the SEC and set aside this new rule.”

One of the Largest Pickleball Facilities in the World Coming to Scottsdale

Retrieved on: 
Monday, November 6, 2023
Commercial Building & Real Estate, Construction & Property, General Sports, Sports, General Entertainment, REIT, Other Sports, Entertainment, PURE, Real estate, Fort Irwin National Training Center, Talking Stick Resort, Senior, Salt River Pima–Maricopa Indian Community, Growth, CWD, Riverwalk, USA Pickleball, Privatization fund, Renewable energy, Caliber

PURE Pickleball™ announced its plans to co-develop a world-class pickleball facility near Talking Stick Resort & Casino™.

Key Points: 
  • PURE Pickleball™ announced its plans to co-develop a world-class pickleball facility near Talking Stick Resort & Casino™.
  • “At this time, we are announcing PURE Pickleball is our intended future home, permanent headquarters and official National Training Center for USA Pickleball.”
    PURE Pickleball will claim the title of largest pickleball facility in Arizona and one of the largest facilities in the world when it opens in the fall of 2024.
  • PURE Pickleball - Founded in 2022 to create premier pickleball facilities around the world, bring innovative pickleball products and services to players, and provide agency to top-ranked pickleball professionals.
  • USA Pickleball - USA Pickleball is the National Governing Body for the sport of pickleball in the U.S. and provides players with official rules, tournaments, rankings and promotional materials.

Eastward Partners' Head of Private Equity, Brett Vecchio, Promoted To Partner

Retrieved on: 
Friday, October 27, 2023
Knowledge, News, Organization, Shoulder, The Wall Street Journal, Multimedia, New York Office of Cannabis Management, Partnership, Private equity, Vecchio, Carbone, Drawdown, Privatization fund, Financial services, Online shopping, Eastward

NEW YORK, Oct. 27, 2023 /PRNewswire-PRWeb/ -- Executive Search Firm Eastward Partners, today announced that Brett Vecchio, has been promoted to equity partner. A well-earned promotion has seen Vecchio utilize his specialist expertise to expand Eastward's market share in Private Equity. Partnering with some of the world's most prestigious private equity, venture capital, and financial advisory companies, Vecchio advises on human capital and executive search engagements. He will now head the New York Office and continue to support Eastward's Private Equity search capability.

Key Points: 
  • Executive Search Firm Eastward Partners, today announced that Brett Vecchio, the firm's Head of Private Equity, has been promoted to equity partner.
  • NEW YORK, Oct. 27, 2023 /PRNewswire-PRWeb/ -- Executive Search Firm Eastward Partners, today announced that Brett Vecchio, has been promoted to equity partner.
  • A well-earned promotion has seen Vecchio utilize his specialist expertise to expand Eastward's market share in Private Equity.
  • He will now head the New York Office and continue to support Eastward's Private Equity search capability.

ACA Group Launches New Solutions to Meet Full Scope of SEC’s Private Fund Adviser Rules

Retrieved on: 
Tuesday, October 24, 2023
Professional Services, Communications, Legal, Finance, Asset Management, Consulting, Public Relations, Investor Relations, Privatization fund, ACA, Attention, Risk, GRC, Language, Lung compliance, Dodd–Frank Wall Street Reform and Consumer Protection Act, Financial adviser

ACA Group ( ACA ), the leading governance, risk, and compliance (GRC) advisor in financial services, today released two new solutions aimed at helping private fund managers worldwide comply with the recently adopted U.S. Securities and Exchange Commission’s Private Fund Adviser Rules.

Key Points: 
  • ACA Group ( ACA ), the leading governance, risk, and compliance (GRC) advisor in financial services, today released two new solutions aimed at helping private fund managers worldwide comply with the recently adopted U.S. Securities and Exchange Commission’s Private Fund Adviser Rules.
  • “The Private Fund Adviser Rules are the most significant regulatory impact on Private Funds since the Dodd-Frank Act.
  • These rules impact both SEC-registered and unregistered private fund managers.
  • Annie Morris, Chief Product Officer, ACA Group, said: “The clock is now ticking for private fund managers to comply.

Moelis & Company Launches Dedicated Clean Technology Group

Retrieved on: 
Thursday, September 7, 2023
Environment, Finance, Consulting, Banking, Professional Services, Sustainability, Alternative Energy, Green Technology, Energy, Asset Management, Moelis & Company, Metal, Capital market, Privatization fund, Capital structure, Entrepreneurship, Ecosystem, Clean Development Mechanism, NYSE, Renewable energy, Citigroup

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.

Key Points: 
  • Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.
  • Arash will co-lead the group alongside current Moelis Managing Director Rick Polhemus, who has a longstanding focus on a range of growth-driven technology, electrification/mobility, sustainability, and services sectors.
  • Arash brings nearly 20 years of investment banking experience and deep expertise in clean energy technology.
  • He joins from Citi where he provided strategic advice and capital markets solutions to companies across clean tech, energy, metals, technology, industrials, power, and the sustainability landscape.

MFA Files Lawsuit Against SEC to Prevent Adoption of Private Fund Adviser Rule

Retrieved on: 
Friday, September 1, 2023
Professional Services, Courts, Public Policy, Government, Legal, Finance, Asset Management, MFA, Investment Advisers Act of 1940, LSTA, AIMA, Pension, Disclosure, Appellate court, United States Court of Appeals for the Fifth Circuit, Fifth Circuit Four, Managed Funds Association, AIC, Gibson Dunn, National Association, Privatization fund, American Investment Council, Financial adviser

The petitioners are represented by Gene Scalia and Helgi Walker of Gibson, Dunn & Crutcher LLP.

Key Points: 
  • The petitioners are represented by Gene Scalia and Helgi Walker of Gibson, Dunn & Crutcher LLP.
  • “The SEC has overstepped its statutory authority and core legislative mandate, leaving us no choice but to litigate,” said MFA President and CEO Bryan Corbett.
  • “The Private Fund Adviser rule will harm investors, fund managers, and markets by increasing costs, undermining competition, and reducing investment opportunities for pensions, foundations, and endowments."
  • The negative effects on private fund advisers and their investors are a product of these harmful aspects of the rule:
    Needlessly limiting the right of private fund advisers and their investors to tailor their relationships and interactions;
    Enacting overreaching prohibitions and restrictions on certain private fund adviser activities; and
    Imposing onerous, costly disclosure requirements and administrative obligations upon private fund advisers.

William O'Neil + Company Announces the Passing of William J. O'Neil

Retrieved on: 
Tuesday, May 30, 2023
Finance, Data Analytics, Consulting, Professional Services, Asset Management, News, Database, India, Data, Life, Information technology, News Corp, The Wall Street Journal, BBC World Service, IBD, Depression, ODS, Health care, Customer experience, Southern Methodist University, Data collection, Author, Flower, American Dream, Digital Solutions, Multimedia, Research, Investor's Business Daily, History, Hayden, Entrepreneurship, Retirement, Service provider, Great Depression, Methodist University, United States Department of the Air Force, HP, Registered investment adviser, Family, Privatization fund, Data science, Financial adviser, Management, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20230529005167/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230529005167/en/
    Bill exemplified the American spirit and firmly believed that through hard work, anyone could attain prosperity.
  • He was a vocal proponent of a free enterprise system and its contributions to his own achievement of the American Dream.
  • He was a trailblazer in many rights and his legacy continues onward today through his companies and nonprofit efforts.
  • And in 1963, he founded his first company, William O'Neil + Company .

FORUM CAPITAL ADVISORS ANNOUNCES INTERVAL FUND (FORAX) NOW AVAILABLE FOR PURCHASE VIA FIDELITY INVESTMENTS AND CHARLES SCHWAB

Retrieved on: 
Wednesday, April 5, 2023
Janus, Communication, Partnership, Hedge fund, Investment, Privatization fund, Investment Company Act of 1940, Lovell Minnick Partners, Fidelity Investments, Internal Revenue Code, US, Fidelity, American Tire Distributors, Risk, Internal Revenue Code section 1031, Janus Henderson, Fund, Forum, World Pensions & Investments Forum, Financial services, Financial adviser

DENVER, April 5, 2023 /PRNewswire/ -- Forum Capital Advisors LLC ("Forum"), a Denver-based registered investment adviser, announced it has partnered with both Fidelity Investments1 ("Fidelity") and Charles Schwab & Co, Inc. ("Schwab"), to add Forum Real Estate Income Fund ("the Fund") to their respective intermediary platforms, broadening access to the firm's registered offering for financial advisors and their clients.

Key Points: 
  • Forum Real Estate Income Fund (FORAX), now available for purchase by advisors via Fidelity Investments and Charles Schwab, provides access to institutional commercial real estate debt investments not typically available to individual investors.
  • DENVER, April 5, 2023 /PRNewswire/ -- Forum Capital Advisors LLC ("Forum"), a Denver-based registered investment adviser, announced it has partnered with both Fidelity Investments1 ("Fidelity") and Charles Schwab & Co, Inc. ("Schwab"), to add Forum Real Estate Income Fund ("the Fund") to their respective intermediary platforms, broadening access to the firm's registered offering for financial advisors and their clients.
  • 1 For the purposes of this communication, Fidelity Brokerage Services LLC, Fidelity Investments Institutional Operations Company LLC, and National Financial Services LLC, are collectively referred to as "Fidelity Investments."
  • Forum Real Estate Income Fund investments are complex, speculative investment vehicles that are not suitable for all investors.

CapitaLand Investment establishes China data centre development fund with S$1 billion investments

Retrieved on: 
Wednesday, February 22, 2023
Data center, Biophysical environment, Privatization fund, Digital technology, CapitaLand, CLI, Temperature, Internet, Growth, Carbon footprint, Cloud computing, LEED, Renewable energy, Cryptocurrency, CDCP

SINGAPORE, Feb. 22, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP).  CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion of the projects, will add approximately S$1 billion to CLI's funds under management. 

Key Points: 
  • data centres in Greater Beijing, bringing CapitaLand's data centre portfolio to 26 across Asia and Europe
    SINGAPORE, Feb. 22, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP).
  • CDCP is our third data centre development fund, following the establishment of two such funds in South Korea.
  • Ms Michelle Lee, Managing Director, Private Funds (Data Centre), CLI, said: "CDCP will invest in two highly sought-after data centre projects in prime locations.
  • Leveraging CLI's fund management capabilities, CLI set up its first data centre fund in October 2020 and a second data centre fund in May 2021 with 100% third-party capital.