York Capital Management

Gamida Cell Reports Second Quarter and First Half 2023 Financial Results and Provides Company Update

Retrieved on: 
Monday, August 14, 2023
Stem Cells, Biotechnology, Other Health, Health, Pharmaceutical, Oncology, Health Technology, Other Science, Research, Science, Clinical Trials, CMS, Center for Medicare and Medicaid Innovation, MBA, Medicare, Patient, Data, Transplant, FOXO1, Cell, National Lottery Community Fund, York Capital Management, Morgan Stanley, Therapy, Gene, Defense, Department of Defence, NK, NAM, Oxidative stress, FDA, Centers for Medicare & Medicaid Services, Non-Hodgkin lymphoma, Veteran, ATM, United States Department of Veterans Affairs, Documentation, NMDP, International Society, Science Translational Medicine, Insightec, National Marrow Donor Program, Medicaid, Partnership, ISCT, Thomas Jefferson University, Annual general meeting, CD62L, Regulation of tobacco by the U.S. Food and Drug Administration, Food, Pharmaceutical industry, Health insurance, Dentistry, Management, Cryptocurrency, IIA

(Nasdaq: GMDA), a cell therapy pioneer working to turn cells into powerful therapeutics, today provided a business update and reported financial results for the quarter ended June 30, 2023.

Key Points: 
  • (Nasdaq: GMDA), a cell therapy pioneer working to turn cells into powerful therapeutics, today provided a business update and reported financial results for the quarter ended June 30, 2023.
  • “Since the approval of Omisirge in April, Gamida Cell has made excellent progress on the launch,” said Abbey Jenkins, President and Chief Executive Officer of Gamida Cell.
  • Terry Coelho, MBA, appointed Chief Financial Officer: In May 2023, Gamida Cell announced the appointment of Terry Coelho as Chief Financial Officer.
  • Commercial expenses were $3.9 million in the second quarter of 2023, compared to $3.2 million in the second quarter of 2022.

Museum of the City of New York Centennial Gala on May 24 Honored Former NYC Mayor, Philanthropist, and Entrepreneur Michael R. Bloomberg

Retrieved on: 
Friday, May 26, 2023
Bloomberg Philanthropies, Empire State Building, The Metropolitan Opera Centennial Gala, Dance, MCNY, Heart, Fifth Avenue, The Good Fight, Music, Interim, Exhibition, 108th New York State Legislature, Politics, Food, Tree, Empire, Learning, Photography, Screen Actors Guild Awards, Literature, Student, City, Bloomberg, Partnership, Museum, The Good Wife, Starlight, RadicalMedia, NYS, Very important person, York Capital Management, Bloomberg L.P., Television, Film industry, Art, Trustee

At the awards ceremony that kicked off the event, Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies and 108th mayor of New York City, was presented with the Gotham Icon Award in recognition of his steadfast dedication to New York City and his continuous support of the Museum.

Key Points: 
  • At the awards ceremony that kicked off the event, Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies and 108th mayor of New York City, was presented with the Gotham Icon Award in recognition of his steadfast dedication to New York City and his continuous support of the Museum.
  • Select quotes from the awards ceremony include:
    Willian C. Vrattos, the Museum’s Board Chair, addressed the crowd, saying: “This is a unique moment for NYC as a whole.
  • As part of his acceptance speech, Mike Bloomberg said, “I want to thank my fellow thespian Christine for that introduction.
  • Also that night:  The Empire State Building lit up in purple, blue, and green to celebrate the Museum’s Centennial.

Real estate investment firm BH3 Management launches growth equity strategy

Retrieved on: 
Monday, March 27, 2023
SPAC, Executive, SunTrust Banks, Platinum Equity, Metalmark Capital, Senior advisor, Lead, History, Blackstone Inc., Research, Economics, York Capital Management, The, Truist, Houlihan Lokey, Bean, Investment, Archer Capital, Rob Sale, BH3, Growth, Growth capital, Amherst College, Principal, Micah Joseph Lebensohn, Financial services, Security (finance)

FORT LAUDERDALE, Fla., March 27, 2023 /PRNewswire/ -- BH3 Management, a vertically integrated real estate investment manager, operator and developer with offices in Fort Lauderdale, New York and Denver, has expanded into growth private equity. BH3 Growth Equity will provide capital to operating businesses within the real estate, construction and adjacent sectors and add value through BH3's extensive industry experience, relationships, capital markets knowledge and direct synergies with its asset portfolio and operations.

Key Points: 
  • BH3 Growth Equity provides capital and sponsorship to operating businesses within real estate, construction, and adjacent sectors
    FORT LAUDERDALE, Fla., March 27, 2023 /PRNewswire/ -- BH3 Management, a vertically integrated real estate investment manager, operator and developer with offices in Fort Lauderdale, New York and Denver, has expanded into growth private equity.
  • To-date, the firm has invested more than $1 billion of equity and more than $2 billion of debt in commercial real estate.
  • "BH3 Growth Equity will be uniquely positioned as an investment group that not only provides institutional growth private equity capital but also draws from direct relationships and in-field expertise within real estate and construction.
  • BH3 Growth Equity has the capability to lead or participate in non-controlling equity investments in alignment with talented management teams and existing ownership.

York Capital-Backed Healthcare Linen Services Group Acquires Linen King

Retrieved on: 
Thursday, January 5, 2023
Professional Services, Health, Other Health, Finance, Region, Partnership, York Capital Management, Acquisition, Growth, Family, Linen, Financial services, Linens, Management, Central United States

Healthcare Linen Services Group (“HLSG” or the “Company”), a portfolio company of York Capital Management's private equity group ("York Private Equity") and a leading provider of mission-critical healthcare laundry services in the Midwest and Central United States, today announced it has acquired Linen King, the largest independent provider of healthcare laundry services in the South Central part of the U.S.

Key Points: 
  • Healthcare Linen Services Group (“HLSG” or the “Company”), a portfolio company of York Capital Management's private equity group ("York Private Equity") and a leading provider of mission-critical healthcare laundry services in the Midwest and Central United States, today announced it has acquired Linen King, the largest independent provider of healthcare laundry services in the South Central part of the U.S.
  • As part of the transaction, Seaport Capital, a New York-based private equity firm that acquired Linen King in 2019, will receive shares in HLSG.
  • Linen King processes approximately 100 million pounds of healthcare laundry annually at facilities located in Arkansas, Oklahoma, Missouri, Kansas, and Tennessee.
  • Following this transaction, HLSG will operate 21 linen processing plants across six premier regional brands – Logan’s Linens, Logan’s Uniform Rental, Superior Health Linens, Textile Care Services, Reino, and now Linen King – that process approximately 350 million pounds of healthcare linen on an annual basis for nearly 1,000 customers in 19 states.

York Capital-Backed Healthcare Linen Services Group Acquires Reino Linen Service

Retrieved on: 
Tuesday, October 4, 2022
Professional Services, Health, Other Health, Finance, York Capital Management, Hospital, Industry, CEO, Family, OH, Strategy, Communication, Acquisition, Investment, Financial services, Linens, Central United States, Reino

Healthcare Linen Services Group (HLSG or the Company), a portfolio company of York Capital Management's private equity group ("York Private Equity") and a leading provider of mission-critical healthcare laundry services in the Midwest and Central United States, today announced it has acquired Reino Linen Service (Reino), a premier provider of healthcare linen solutions.

Key Points: 
  • Healthcare Linen Services Group (HLSG or the Company), a portfolio company of York Capital Management's private equity group ("York Private Equity") and a leading provider of mission-critical healthcare laundry services in the Midwest and Central United States, today announced it has acquired Reino Linen Service (Reino), a premier provider of healthcare linen solutions.
  • Founded in 1943, Reino is a leading independent healthcare linen solutions provider that has the capacity to process more than 150 million pounds of laundry annually for hospitals and healthcare facilities.
  • Healthcare Linen Services Group (HLSG) is a leading provider of linen management services to the healthcare and hospitality industries.
  • Reino Linen Service is a privately owned healthcare laundry company, which first opened its doors in 1943 in Gibsonburg, Ohio.

Mandrake Capital Real Estate Fund closes $268 million

Retrieved on: 
Thursday, July 21, 2022
Acquisition, Investment, GLOBE, Fund, York Capital Management, Principal, COVID-19, Central Energy Italian Gas Holding, LLC, Financial services, Risk management, Commercial property, Mandrake

NEW YORK, July 21, 2022 (GLOBE NEWSWIRE) -- New York-based Park Madison Partners today announced the final close of Mandrake Capital Real Estate Fund, LP (the Fund), with $268MM of total commitments.

Key Points: 
  • NEW YORK, July 21, 2022 (GLOBE NEWSWIRE) -- New York-based Park Madison Partners today announced the final close of Mandrake Capital Real Estate Fund, LP (the Fund), with $268MM of total commitments.
  • The Fund intends to pursue real estate investment opportunities with situational dynamics and capital market inefficiencies, which Mandrake believes provide opportunities to acquire assets at discounts to their fair or efficient value.
  • The Principals previously led the US real estate investment activities of York Capital Management, as well as the real estate investment activities in the US and Western Europe of Gerard Alexander Holdings.
  • Park Madison Partners, LLC is a New York-based capital solutions provider for global real estate alternative investments.

Atalaya Capital Management Expands Platform

Retrieved on: 
Friday, June 10, 2022
Elm Park, York Capital Management, Company, Investment, Growth, Elm Park, Winnipeg, NEW, SEC, Nathan, Geographic Locator Codes, Atalaya, History, Commercial property, DALLAS

NEW YORK and DALLAS, June 10, 2022 /PRNewswire/ -- Atalaya Capital Management ("Atalaya"), an $8.5bn alternative asset manager focused on private credit and special opportunities investing, announced today that Elm Park Capital's experienced team of credit investment professionals will join Atalaya in the new Atalaya Crescent office, located in the financial center of Dallas. The Elm Park team will strengthen Atalaya's existing capital solutions capabilities and enable the platform to further expand its sourcing efforts and tap into an attractive deal and talent sourcing pipeline.

Key Points: 
  • "I've known Mark for nearly 20 years and am excited to have his team join Atalaya to expand our collective scope," said Ivan Zinn, Founder & Managing Partner at Atalaya.
  • "With our deep ties to the Dallas region and the history of the Atalaya platform delivering attractive investor returns and capital solutions, we are eager to be part of Atalaya's expansion."
  • As the former President and Chief Operating Officer at York Capital Management, Nathan joined Atalaya this past April to help support its next stage of growth.
  • Atalaya Capital Management is an ~$8.5bn privately held, SEC-registered, alternative investment advisory firm.

Cennox Acquires Dutch Cash Automation Specialists: Lincsafe, Merlin, Cashtester and Secusystems

Retrieved on: 
Tuesday, April 26, 2022
Live Company Group, Government, Nation, York Capital Management, EV, Group, Goal, Growth, Safety, Technology, 2009 Davis Cup, Company, Solution, Acquisition, Ademco Security Group, Bank

The transaction includes all staff and facilities, with Ron van Veenendaal, founder and Managing Director of the companies, joining the Cennox Operating Board.

Key Points: 
  • The transaction includes all staff and facilities, with Ron van Veenendaal, founder and Managing Director of the companies, joining the Cennox Operating Board.
  • Lincsafe and Merlin's excellent in-house software development, innovative R&D and modern manufacturing skills base, will contribute to the diverse foundation already well established at Cennox.
  • Headquarteredin Camberley, U.K. and Atlanta, GA, Cennox proudlyserves over 3,000 customers across multiple sectors and manages 400,000+ cash automation machines, safes, kiosks, and EV charging stations globally.
  • Since its founding in 2006, Cennox has scaled through 19 acquisitions and continues to deliver excellent and consistent organic growth.

Cennox Acquires Dutch Cash Automation Specialists: Lincsafe, Merlin, Cashtester and Secusystems

Retrieved on: 
Tuesday, April 26, 2022
Live Company Group, Government, Nation, York Capital Management, EV, Group, Goal, Growth, Safety, Technology, 2009 Davis Cup, Company, Solution, Acquisition, Ademco Security Group, Bank

The transaction includes all staff and facilities, with Ron van Veenendaal, founder and Managing Director of the companies, joining the Cennox Operating Board.

Key Points: 
  • The transaction includes all staff and facilities, with Ron van Veenendaal, founder and Managing Director of the companies, joining the Cennox Operating Board.
  • Lincsafe and Merlin's excellent in-house software development, innovative R&D and modern manufacturing skills base, will contribute to the diverse foundation already well established at Cennox.
  • Headquarteredin Camberley, U.K. and Atlanta, GA, Cennox proudlyserves over 3,000 customers across multiple sectors and manages 400,000+ cash automation machines, safes, kiosks, and EV charging stations globally.
  • Since its founding in 2006, Cennox has scaled through 19 acquisitions and continues to deliver excellent and consistent organic growth.

York Private Equity Acquires Healthcare Linen Services Group

Retrieved on: 
Wednesday, April 6, 2022
Nursing, Medical Supplies, Other Retail, Professional Services, Other Health, Health, Specialty, Retail, Hospitals, Surgery, Finance, Company, Nursing, Partnership, Investment, Growth, TSCP, Ownership, York Capital Management, Hospital, CEO, Private, Lincoln International, Stephens Inc., Financial services, Central United States, Central U.S. hardwood forests

Healthcare Linen Services Group (HLSG or the Company), a leading provider of healthcare laundry services in the Midwest and Central United States, today announced a strategic growth investment from York Capital Managements private equity group (York Private Equity).

Key Points: 
  • Healthcare Linen Services Group (HLSG or the Company), a leading provider of healthcare laundry services in the Midwest and Central United States, today announced a strategic growth investment from York Capital Managements private equity group (York Private Equity).
  • HLSG is one of the leading outsourced healthcare linen providers both regionally and nationally, said Seth Pearson, Managing Director at York Private Equity.
  • York Private Equity seeks to partner with founders and entrepreneurs to help facilitate and support organic and inorganic growth in industries such as healthcare services, financial services, business services, consumer/retail, and industrials.
  • Healthcare Linen Services Group (HLSG) is a leading provider of linen management services to the healthcare and hospitality industries.