La Capitale (company)

David Simon’s Twin Securities Wins Best Merger Arbitrage Fund for the Fifth Time at HFM’s 2022 U.S. Hedge Fund Performance Awards

Retrieved on: 
Thursday, October 27, 2022

Twin Capital Management LLC , a New York-based hedge fund firm, announced today that its fund, Twin Securities, L.P., has been named Best Merger Arbitrage Fund at the 2022 HFM U.S.

Key Points: 
  • Twin Capital Management LLC , a New York-based hedge fund firm, announced today that its fund, Twin Securities, L.P., has been named Best Merger Arbitrage Fund at the 2022 HFM U.S.
  • We want to thank HFM for recognizing Twin Capital with this award for the fifth time, said David Simon , founder of Twin Capital Management LLC.
  • This honor is a testament to the hard work and dedication of the entire Twin Capital team.
  • Winners were named in a wide range of strategies at the 2022 gala dinner and awards ceremony at Capitale in New York City.

Winners of the 2022 Gerald Loeb Awards Announced by UCLA Anderson at New York City Event

Retrieved on: 
Friday, September 30, 2022

LOS ANGELES, Sept. 30, 2022 /PRNewswire/ -- Journalists from around the world attended tonight's Gerald Loeb Awards event at Capitale in New York City, where the 2022 winners were announced, and lifetime achievement honoree Michelle Singletary form The Washington Post was celebrated during the show. The Gerald Loeb Awards are among the highest honors in journalism, recognizing the work of journalists whose contributions illuminate the worlds of business, finance and the economy for readers and viewers worldwide.

Key Points: 
  • LOS ANGELES, Sept. 30, 2022 /PRNewswire/ --Journalists from around the world attended tonight's Gerald Loeb Awards event at Capitale in New York City, where the 2022 winners were announced, and lifetime achievement honoree Michelle Singletary form The Washington Post was celebrated during the show.
  • Journalists from around the world attended tonight's Loeb Awards in New York City, where the 2022 winners were announced
    Tyler Mathisen, co-anchor of CNBC's "Power Lunch," served as the master of ceremonies for the first in-person show in three years.
  • In 1957, he established the G. and R. Loeb Foundation (under the stewardship of the University of Connecticut) to present the Gerald Loeb Awards for Distinguished Business and Financial Journalism.
  • In 1973, he transferred the stewardship of the awards to UCLA Anderson School of Management under the deanship of Harold Williams.

AM Best Assigns Credit Ratings to La Capitale General Insurance Inc., La Capitale Civil Service Insurer Inc.; Affirms Credit Ratings of Certain Beneva Inc. Subsidiaries

Retrieved on: 
Friday, September 23, 2022

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) to La Capitale General Insurance Inc. (La Capitale General Insurance).

Key Points: 
  • AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) to La Capitale General Insurance Inc. (La Capitale General Insurance).
  • In addition, AM Best has assigned an FSR of A (Excellent) and a Long-Term ICR of a (Excellent) to La Capitale Civil Service Insurer Inc. (La Capitale Civil Service Insurer).
  • La Capitale Civil Service Insurer operates as a generalist within the individual insurance, group insurance, savings, personal lines and commercial product lines.
  • The ratings of La Capitale Civil Service Insurer, La Capitale General Insurance, Unica and LUnique consider the benefit that each entity receives operating as part of the larger Beneva organization in support of the common business strategy.

NAMI-NYC'S 2022 "Seeds of Hope" Gala to Feature Special Guest Busy Philipps

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NAMI-NYC (local affiliate of the National Alliance on Mental Illness) today announced that New York Times bestselling author, actress, and activist, BUSY PHILIPPS, will be the special guest at its 40th-anniversary fundraising gala, "Seeds of Hope: Families Helping Families," on Monday, October 3 at Capitale (130 Bowery). Philipps, a recent New York resident and host of her widely popular podcast, Busy Philipps is Doing Her Best, will join executive director Matt Kudish onstage for a candid conversation about her own mental health journey.

Key Points: 
  • "We could not be more excited to welcome Busy Philipps to our 'Seeds of Hope' stage and hear firsthand about her personal journey with mental health," said Kudish.
  • "Busy speaks purely from the heart and doesn't mince words for her listeners and followers.
  • The 2022 "Seeds of Hope" honorees include Andy & Susan Monshaw ("Building Better Lives" award) and Alight Solutions ("Corporate Leadership" award).
  • She is the host of Busy Philipps Is Doing Her Best, a podcast about pivots, setbacks, and doing your best.

Exome Asset Management Shortlisted for HFM’s Sector Specialist and Emerging Market Fund Awards

Retrieved on: 
Monday, August 29, 2022

Exome Asset Management (Exome), an innovative asset management company focusing on investing in public markets across the worldwide healthcare industry, today announced it has been shortlisted for the HFM US Performance Awards 2022 for both Sector Specialist and Emerging Market Fund.

Key Points: 
  • Exome Asset Management (Exome), an innovative asset management company focusing on investing in public markets across the worldwide healthcare industry, today announced it has been shortlisted for the HFM US Performance Awards 2022 for both Sector Specialist and Emerging Market Fund.
  • The HFM US Performance Awards are one of the most important and influential awards in the US hedge fund calendar.
  • The awards recognize hedge fund, CTA and fund of hedge fund performance, encompassing the whole breadth of hedge fund strategy, from credit and equity to macro and managed futures.
  • We are very excited to be shortlisted once again for the HFM US Performance Awards, said Sam Isaly , Managing Partner and Founder of Exome Asset Management.

Iconic Brands Announces Record Revenue for Second Quarter 2022

Retrieved on: 
Tuesday, August 23, 2022

Total revenue for the quarter ended June 30, 2022, was over $6.6 million, surpassing revenue of $4.9 million for the entire year of 2021.

Key Points: 
  • Total revenue for the quarter ended June 30, 2022, was over $6.6 million, surpassing revenue of $4.9 million for the entire year of 2021.
  • AMITYVILLE, NY, Aug. 23, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Iconic Brands, Inc. (OTC: ICNB) (Iconic or the Company), a leader in the development, design and delivery of alcohol and non-alcohol beverages, today reported financial results for the second quarter ended June 30, 2022.
  • Second Quarter 2022 Financial Highlights:
    Total revenue for the quarter ended June 30, 2022, was $6,654,221, an increase of $6,069,307 compared to the same period in 2021, representing an increase of approximately 1,038% year-over-year.
  • Revenue is up 1,038% year-over-year, and we surpassed our full-year 2021 revenue of $4.9 million by producing $6.6 million in the second quarter of 2022.

Beneva Selects Mitchell to Streamline Claims Management

Retrieved on: 
Tuesday, May 10, 2022

SAN DIEGO, May 10, 2022 /PRNewswire/ -- Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today announced that Beneva, the largest insurance mutual in Canada, selected its enterprise claims management suite of solutions. These solutions are designed to improve claims handling efficiency and accuracy, helping Beneva meet the needs of its more than 3.5 million members and customers.

Key Points: 
  • SAN DIEGO, May 10, 2022 /PRNewswire/ --Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today announced that Beneva, the largest insurance mutual in Canada, selected its enterprise claims management suite of solutions.
  • Beneva conducted an extensive review of its technology platforms before choosing Mitchell as its provider of automotive claims workflow, appraisal and total loss technologies.
  • "Our customers are at the heart of everything we do," said Jonathan Pilon, director of claims, commercial partnerships and appraisal at Beneva.
  • Among the Mitchell solutions selected by Beneva are Mitchell WorkCenter and Mitchell Cloud Estimating .

Iconic Brands’ Bellissima Prosecco & Zero Wines Featured at the New York Bridal Fashion Week Runway Show

Retrieved on: 
Wednesday, April 20, 2022

AMITYVILLE, NY, April 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”), a leader in the development, design and delivery of alcohol and non-alcohol beverages, announced that its Bellissima Prosecco & Wines were featured at Lé Lauriér’s debut New York Bridal Fashion Week Runway Show. The event was produced by “Sophisticated Weddings” Magazine at Capitale in New York on April 10, 2022. Tuxedos and suits by custom menswear clothier Alton Lane were also featured. This show – and its cocktail party - closed out this season’s New York Bridal Fashion Week. Bellissima was the event’s exclusive wine sponsor. 

Key Points: 
  • Overthree hundred people attended the New York Bridal Fashion Week Runway Show of L Laurir Bridal & Evening Wear byLauren Holovka.Dresses from Lauren Holovkas collection went up to $25,000 in price.
  • It was a wonderful fashion show and provided a good fit for the Bellissima brand, said Iconic Chief Executive Officer, Larry Romer.
  • With the recent launch of Bellissima Zero, a new line of zero sugar still wines, this was an ideal time to showcase our delicious wines and raise visibility to our brand.
  • Bellissima is strategically positioned with its zero sugar wines in the zero sugar beverage category.

AM Best Assigns Credit Ratings to Beneva Inc.’s Operating Subsidiaries

Retrieved on: 
Tuesday, February 22, 2022

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • The ratings of Unica reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Beneva Selects Vitech's V3locity To Power Group Insurance Activities

Retrieved on: 
Tuesday, February 1, 2022

Createdby the coming together of LaCapitale and SSQ Insurance, Beneva is the largest insurance mutual in Canada.

Key Points: 
  • Createdby the coming together of LaCapitale and SSQ Insurance, Beneva is the largest insurance mutual in Canada.
  • "V3locity will be instrumental in strengthening our operational capacity, allowing us to grow our group insurance business across Canada," said Eric Trudel, Executive Vice-President and Lead, Group Insurance, at Beneva.
  • "We are delighted that Beneva has chosen V3locity as its core group insurance platform for the future," said Gary Sherne, Vitech's President of Insurance.
  • Policyholders of contracts issued by an insurance company of Beneva Group Inc. are members of SSQ Mutual and La Capitale Civil Service Mutual.