Brookfield (corporation)

Transcend Raises $20M Series B to Automate Critical Infrastructure Design

Retrieved on: 
Thursday, August 3, 2023
Technology, Construction & Property, Venture Capital, Engineering, Urban Planning, Professional Services, Software, Manufacturing, Architecture, Electronic Design Automation, Software as a service, BIM, Vernor v. Autodesk, Inc., Riverstone Holdings, Engineered Software, Inc., Brookfield (corporation), Anglian Water, Water, Growth, AEC, TDG, News, Automation, Construction, Xylem, Autodesk, Arcadis, Transcend, Veolia

Transcend Software Inc. ("Transcend"), the leading SaaS provider of generative design tools for critical infrastructure, announced today it has closed on its Series B financing round with participation from Autodesk, Inc. , a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries.

Key Points: 
  • Transcend Software Inc. ("Transcend"), the leading SaaS provider of generative design tools for critical infrastructure, announced today it has closed on its Series B financing round with participation from Autodesk, Inc. , a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries.
  • Transcend's market-leading generative design software, the Transcend Design Generator (TDG), fully automates the conceptual and preliminary design of critical infrastructure assets, enabling asset owners to reduce design costs and timelines and prioritizes the incorporation of innovative and sustainable technologies.
  • So we appreciate how Transcend is applying generative and outcome-based design to accelerate development of sustainable critical infrastructure,” said Theo Agelopoulos, Vice President of AEC Design Strategy at Autodesk.
  • "We look forward to this next phase of growth as we continue our mission to help engineers, utilities, and technology suppliers design innovative and sustainable critical infrastructure," said Ari Raivetz, Founder and CEO of Transcend.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TALS, AEL, PACW

Retrieved on: 
Wednesday, August 2, 2023
Banq, PacWest Bancorp, Sale, Brookfield (corporation), Advertising, Banc of California, Fraud, Therapy, PacWest, NYSE, Security (finance), Talari Networks

If you are a Talaris shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Talaris shareholder, click here to learn more about your rights and options .
  • If you are an American Equity shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Brookfield Real Assets Income Fund Inc. Announces Portfolio Manager Update Webcast

Retrieved on: 
Tuesday, August 1, 2023
PSG, Insurance, URL, Ministry of Public Security (Poland), NYSE, Brookfield (corporation), Webcast, Fund, Financial services

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) will host a webcast for Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) on Monday, August 7, 2023 at 4:30pm ET.

Key Points: 
  • NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) will host a webcast for Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) on Monday, August 7, 2023 at 4:30pm ET.
  • Brookfield Corporation holds a 75% interest in Brookfield Asset Management ULC, while Brookfield Asset Management Ltd. (“Brookfield Asset Management”), holds a 25% interest in Brookfield Asset Management ULC.
  • PSG is an SEC-registered investment adviser and represents the Public Securities platform of Brookfield Asset Management Ltd., providing global listed real assets strategies including real estate equities, infrastructure equities, multi-strategy real asset solutions and real asset debt.
  • Brookfield Real Assets Income Fund Inc. is managed by PSG.

Center Coast Brookfield MLP & Energy Infrastructure Fund Announces Portfolio Manager Update

Retrieved on: 
Friday, July 28, 2023
PSG, Insurance, Public security, Brookfield (corporation), Fund, NYSE, Financial services

NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) has provided an update for Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the “Fund”).

Key Points: 
  • NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) has provided an update for Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the “Fund”).
  • Brookfield Corporation holds a 75% interest in Brookfield Asset Management ULC, while Brookfield Asset Management Ltd. (“Brookfield Asset Management”), holds a 25% interest in Brookfield Asset Management ULC.
  • Brookfield Asset Management is a leading global alternative asset manager with approximately US$825 billion of assets under management as of March 31 ,2023.
  • Center Coast Brookfield MLP & Energy Infrastructure Fund is managed by PSG.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KDNY, AEL, SGTX

Retrieved on: 
Wednesday, July 26, 2023
Sale, Eli Lilly, Atrasentan, Brookfield (corporation), Advertising, Eli Lilly and Company, Fraud, Therapy, NYSE, Novartis, Security (finance), Chinook

If you are a Chinook shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Chinook shareholder, click here to learn more about your rights and options .
  • If you are an American Equity shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes

Retrieved on: 
Tuesday, July 25, 2023
BMO Capital Markets, Maintenance, Note, Partnership, NOT, FOR, TD, TD Securities, Brookfield Infrastructure Partners, National bank, Person, Sale, BIP, RBC Capital Markets, Public expenditure, Brookfield (corporation), Series, NEWS, TSX, Scotiabank, Bermuda, News, NYSE, Security (finance), Asset management

BROOKFIELD, NEWS, July 25, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that it has agreed to sell $700 million aggregate principal amount of medium-term notes (the “Notes”), comprised of $500 million aggregate principal amount of Series 13 Notes, due July 27, 2030, which will bear interest at a rate of 5.710% per annum, payable semi-annually and $200 million aggregate principal amount of Series 14 Notes, due July 27, 2053, which will bear interest at a rate of 5.950% per annum, payable semi-annually. A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the Notes. The Notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.

Key Points: 
  • A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the Notes.
  • The Notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.
  • Brookfield Infrastructure intends to use the net proceeds from the sale of the Notes to refinance existing indebtedness.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over US$825 billion of assets under management.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KDNY, SGTX, AEL, DEN

Retrieved on: 
Friday, July 21, 2023
ExxonMobil, Denbury, Sale, Eli Lilly, Atrasentan, Brookfield (corporation), Advertising, Eli Lilly and Company, Fraud, Therapy, NYSE, Novartis, Security (finance), Chinook

If you are a Chinook shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Chinook shareholder, click here to learn more about your rights and options .
  • If you are a Sigilon shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Accor Hotel Workers Travel to Paris to Report Disrespect and Intimidation at U.S. Hotels as Part of UNITE HERE Delegation

Retrieved on: 
Thursday, July 20, 2023
Public Policy, Government, Other Communications, Lodging, Destinations, Travel, Communications, Social Activism, Labor, Organization, Economy, Trump International Hotel, Maternity leave and the Organisation for Economic Co-operation and Development, OECD, Consultant, Lafayette Square, Brookfield (corporation), OECD Guidelines for Multinational Enterprises, NLRB, European Works Council, Trump International Hotel Las Vegas, UNITE, Safety, Hotel, Accor

Accor hotel workers from two U.S. hotels traveled to Paris this week to describe disrespect, intimidation, and other problems with working conditions they have experienced at their hotels.

Key Points: 
  • Accor hotel workers from two U.S. hotels traveled to Paris this week to describe disrespect, intimidation, and other problems with working conditions they have experienced at their hotels.
  • They are demanding a fair process to decide on unionization free from intimidation, threats, or bribes.
  • The American workers met with Accor CEO Sébastien Bazin and presented to French Accor employees who are gathered in Paris for the annual European Works Council.
  • The Fairmont Sonoma Mission Inn and Sofitel Washington DC Lafayette Square are currently owned by Brookfield Asset Management and operated by Accor.

UNITE HERE Calls on Department of Labor to Update Guidance on Pension Risk Transfer, Highlights Recent Activity of Brookfield Reinsurance as Latest Reason

Retrieved on: 
Monday, July 17, 2023
Public Policy, Government, Insurance, White House, Federal Government, Finance, Asset Management, Accounting, Labor, Professional Services, BAM, PRT, ERISA, Life, Airport, Texas Department of Insurance, Risk management, AEL, EBSA, Advisory Council, Brookfield (corporation), American National Insurance Company, Acquisition, Investment, BN, Comment, UNITE, Network affiliate, Growth, TDI, NYSE, Behavior, Financial adviser, Financial services

The Council’s open meeting is pursuant to a consultation mandated by last year’s bipartisan SECURE 2.0 Act.

Key Points: 
  • The Council’s open meeting is pursuant to a consultation mandated by last year’s bipartisan SECURE 2.0 Act.
  • UNITE HERE’s comment called for updated guidance in light of the growth of private equity-backed life insurers offering PRT.
  • However, the majority of these were listed as “unaffiliated.” TDI has refused to release documents explaining the rationale for granting Brookfield Asset Management (NYSE: BAM) a Disclaimer of Affiliation with American National in 2022.
  • The issue of how Brookfield-owned insurance companies report their related party investments is all the more critical in light of Brookfield Reinsurance’s (NYSE: BNRE) pending deal to acquire Des Moines-based annuity provider American Equity (NYSE: AEL).

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AJX, AEL, SGTX

Retrieved on: 
Sunday, July 16, 2023
Sale, Eli Lilly, Brookfield (corporation), Advertising, Eli Lilly and Company, Fraud, Therapy, NYSE, Security (finance)

If you are a Great Ajax shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Great Ajax shareholder, click here to learn more about your rights and options .
  • If you are an American Equity shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.