White Star

Bluerock Celebrates its 20 Year Anniversary with Gift of 20,000 Trees and a View to the Future

Retrieved on: 
Thursday, September 22, 2022

"Bluerock has generated extremely strong growth on behalf of our investors during these first 20 years.

Key Points: 
  • "Bluerock has generated extremely strong growth on behalf of our investors during these first 20 years.
  • Bluerock has established a leading reputation for delivering innovative institutional investment strategies to banks, registered investment advisors (RIAs), independent broker-dealers (IBDs) and wirehouses.
  • Through an expanding suite of investment products, Bluerock enables individuals to invest alongside institutional investors with low minimum investments and enhanced liquidity options.
  • The Bluerock Total Income+ Real Estate Fund offers individual investors access to a portfolio of institutional real estate securities managed by top-ranked fund managers.

Clearlake Capital Group Announces Senior Promotions and New Additions

Retrieved on: 
Friday, July 15, 2022

SANTA MONICA, Calif., July 15, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake"), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several senior executive promotions and new additions to the Clearlake team.

Key Points: 
  • SANTA MONICA, Calif., July 15, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake"), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several senior executive promotions and new additions to the Clearlake team.
  • Clearlake recently announced the closing of Clearlake Capital Partners VII with more than $14.1 billion in commitments.
  • Clearlake also announced the following new additions to Clearlake:
    Neeka Choobineh, Senior Associate, joined Clearlake in 2021.
  • Prior to joining Clearlake, she was the Corporate Controller at Saban Capital Group, a private investment firm.

The Dyrt Announces the 2022 Best Places To Camp: Top 10 in the U.S.

Retrieved on: 
Monday, July 11, 2022

Eight of the 10 sites were recently recognized by The Dyrt as No.

Key Points: 
  • Eight of the 10 sites were recently recognized by The Dyrt as No.
  • One of the benefits of a subscription to The Dyrt PRO is PRO Maps, which helps campers find dispersed camping, check cell service and more.
  • There's no arguing the greatness of each and every one of the 2022 Best Places to Camp, and there are certainly many fantastic spots out there that didn't make the list."
  • With over 30 million annual camper visits and 4 million user-generated reviews, photos, and tips for US campgrounds, The Dyrt is the No.

Bluerock Introduces the Bluerock High Income Institutional Credit Fund, a Registered Interval Fund

Retrieved on: 
Thursday, June 30, 2022

NEW YORK, June 30, 2022 /PRNewswire/ -- Bluerock, a leading alternative asset manager, has announced the launch of the Bluerock High Income Institutional Credit Fund (the "Bluerock High Income Credit Fund" or the "Fund", Tickers: IIMAX, IIMCX, IIMWX), an income-focused fund with a portfolio comprised of actively managed pools of diversified collateralized loan obligations (CLOs). The Bluerock High Income Credit Fund is designed to provide investors high current income targeting approximately 8% annually, attractive risk-adjusted total returns, diversification potential through its low correlation to broader markets, and access to an investment class traditionally available only to institutions.

Key Points: 
  • NEW YORK, June 30, 2022 /PRNewswire/ -- Bluerock , a leading alternative asset manager, has announced the launch of the Bluerock High Income Institutional Credit Fund (the "Bluerock High Income Credit Fund" or the "Fund", Tickers: IIMAX, IIMCX, IIMWX), an income-focused fund with a portfolio comprised of actively managed pools of diversified collateralized loan obligations (CLOs).
  • "With the Bluerock High Income Institutional Credit Fund, we remain dedicated to offering our clients differentiated, income-focused alternative investment strategies through partnerships with best-in-class sub-advisors.
  • The Bluerock High Income Institutional Credit Fund marks Bluerock's second interval fund, joining Bluerock Total Income+ Real Estate Fund which has more than $6.3 billion in net assets, making it the largest real estate-focused interval fund and the 3rd largest among all active interval funds1.
  • The Bluerock High Income Intuitional Credit Fund offers individual investors access to private credit, a rapidly growing institutional asset class.

Lighthouse Labs raises US$7M seed round, co-led by Accel, BlockTower and Animoca Brands, to build the open metaverse navigation engine

Retrieved on: 
Wednesday, May 11, 2022

MONTREAL, May 11, 2022 (GLOBE NEWSWIRE) -- Lighthouse, the company building the open metaverse navigation engine, today announces that it has raised a US$7 million seed round co-led by Accel, BlockTower and Animoca Brands.

Key Points: 
  • MONTREAL, May 11, 2022 (GLOBE NEWSWIRE) -- Lighthouse, the company building the open metaverse navigation engine, today announces that it has raised a US$7 million seed round co-led by Accel, BlockTower and Animoca Brands.
  • Founded by Jonathan Brun and Justine Massicotte, Lighthouse seeks to solve this problem by simplifying discovery and mobility across the spatial web.
  • We are confident that Web3 virtual worlds will unite behind our vision of making the open metaverse a searchable place.
  • Lighthouse is an open metaverse navigation engine that enables the search for places, events, friends, creators, assets, and experiences across and within virtual worlds.

Cunard explores all corners of the world with new 2023 and 2024 sailings, including maiden voyages on new ship Queen Anne

Retrieved on: 
Wednesday, May 4, 2022

VALENCIA, Calif., May 4, 2022 /PRNewswire/ -- Luxury cruise brand Cunard unveils over 110 international voyages, sailing on its iconic fleet between October 23, 2023 and May 14, 2024, including the maiden voyages on new ship Queen Anne.

Key Points: 
  • Queen Anne is scheduled to call at more than 32 ports across the world during her maiden season, all sailing out of Southampton.
  • In 2024, Queen Victoria will embark on a 107-night World Voyage, departing Southampton on a full circumnavigation.
  • Guests can join an illustrious guest list on board Queen Anne's maiden voyage to Lisbon as Cunard celebrates a new chapter of Cunard history.
  • There are currently three Cunard ships, Queen Mary 2, Queen Elizabeth and Queen Victoria and a fourth ship, Queen Anne, will be entering service in early 2024.

White Star Capital Announces Second Digital Asset Fund

Retrieved on: 
Monday, April 11, 2022

LONDON, April 11, 2022 /PRNewswire/ -- White Star Capital, a multi-stage technology venture capital investment platform that backs founders building global businesses, announced the first close of its second Digital Asset Fund (DAF II). The new fund, which will continue to invest in crypto-networks and early-stage blockchain-enabled Web3 businesses, with a focus on DeFi and Gaming, is backed by major institutional investors and corporations including Ubisoft as an anchor LP.

Key Points: 
  • LONDON, April 11, 2022 /PRNewswire/ -- White Star Capital , a multi-stage technology venture capital investment platform that backs founders building global businesses, announced the first close of its second Digital Asset Fund (DAF II).
  • Since raising its first Digital Asset Fund in 2020, White Star Capital has successfully invested in 20 companies across seven countries including Ledn , ALEX , Multis , Paraswap , Exlusible , and Rally , just to name a few.
  • The Digital Asset Fund (DAF II) will deploy between $1 million and $7 million in token and equity investments into 20 to 25 companies with a core focus in North America, Europe, and Asia.
  • White Star Capital is a global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses.

WhiteStar Acquires Carlson Capital’s CLO Business

Retrieved on: 
Friday, April 1, 2022

WhiteStar Asset Management, L.P. (WhiteStar), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, Clearlake), today announced that it has acquired the five reinvesting Collateralized Loan Obligations (CLOs) managed by Carlson CLO Advisers, LLC, a wholly-owned subsidiary of Carlson Capital, L.P. (Carlson Capital).

Key Points: 
  • WhiteStar Asset Management, L.P. (WhiteStar), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, Clearlake), today announced that it has acquired the five reinvesting Collateralized Loan Obligations (CLOs) managed by Carlson CLO Advisers, LLC, a wholly-owned subsidiary of Carlson Capital, L.P. (Carlson Capital).
  • This acquisition continues the growth of WhiteStar, and its been a pleasure collaborating with the Carlson Capital team during this transition, said Gibran Mahmud, CEO of WhiteStar.
  • We are honored to take the reins from Carlson Capital, steward the existing investors capital and are thankful to Carlson for their work to date.
  • As a result of this acquisition, WhiteStar manages approximately $12 billion in CLO assets under management through 27 CLO vehicles, hedge funds, and separate account offerings.

Urmas Purde, Pipedrive Co-founder and Visionary, Dies Aged 46

Retrieved on: 
Monday, March 28, 2022

Urmas Purde, co-founder of Pipedrive , the global sales-first CRM and intelligent revenue platform for small businesses, has died at the age of 46 after a fatal accident in his home in Bali, Indonesia.

Key Points: 
  • Urmas Purde, co-founder of Pipedrive , the global sales-first CRM and intelligent revenue platform for small businesses, has died at the age of 46 after a fatal accident in his home in Bali, Indonesia.
  • View the full release here: https://www.businesswire.com/news/home/20220328005386/en/
    Purde co-founded Pipedrive in 2010 with Timo Rein, Ragnar Sass, Martin Henk and Martin Tajur.
  • Urmas played a huge role in shaping the unique culture that Pipedrive is known for.
  • While building Pipedrive, Purde fought with an aggressive brain tumor for more than a decade.

WhiteStar Asset Management Launches its European CLO Business

Retrieved on: 
Thursday, December 2, 2021

DALLAS, Dec. 2, 2021 /PRNewswire/ --WhiteStar Asset Management ("WhiteStar"), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced today that Brian McNamara and Conor Power will join WhiteStar from MacKay Shields Europe Investment Management Limited ("MacKay Shields Europe") to launch its European CLO business, WhiteStar Asset Management Europe ("WhiteStar Europe").

Key Points: 
  • DALLAS, Dec. 2, 2021 /PRNewswire/ --WhiteStar Asset Management ("WhiteStar"), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced today that Brian McNamara and Conor Power will join WhiteStar from MacKay Shields Europe Investment Management Limited ("MacKay Shields Europe") to launch its European CLO business, WhiteStar Asset Management Europe ("WhiteStar Europe").
  • "This collaboration provides WhiteStar with a strong foundation from which we can build our broader European credit business, and it's been a pleasure collaborating with MacKay Shields in this transition," said Gibran Mahmud, CEO of WhiteStar Asset Management.
  • As a result of the MacKay Shields US and Europe CLO arrangements, WhiteStar Asset Management will have approximately $10 billion in CLO assets under management through 18 CLO vehicles, hedge funds, and separate account offerings.
  • WhiteStar Asset Management is the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group.