Cricket

• The Funds participated in TEC’s financing of the management buyout of Cricket in December 2020.
• The exit surpassed expectations for both returns and timing and provides additional liquidity to service the cash requirements of the Funds and will further position the Ninepoint-TEC Private Credit Fund II to continue to invest and grow its private credit strategy.
• Since inception in 2010, the Ninepoint-TEC Private Credit strategy has produced an annualized net return of 10.26% which includes a net return of 8.55% in 2022, a challenging year for equity and fixed income markets.
• "This is yet another example of our private credit funds supporting Canadian businesses who aren't served by traditional lending sources,” added John Wilson, Co-CEO and Managing Partner of Ninepoint.

• The leisurely sport of Test cricket, in which matches last for several days, has been around for almost 150 years.
• Bazball is only about a year old, and some debate its merits and even its very existence.

What is Bazball?

• After a lacklustre 4-0 loss to Australia in the Ashes series two summers ago, England sacked head coach Chris Silverwood.
• His replacement was the relatively untested McCullum, a former captain of the New Zealand team known for his fast scoring as a batsman.
• He is the first international head coach to have played the majority of his career in the era of the frenetic, high-scoring Twenty20 cricket format.

Run rates

• At the conclusion of the first Test of this Ashes series, 2,507 matches of Test cricket had been played and nearly 2,500,000 runs scored.
• Across all those matches, the average number of runs scored per six-ball over (known as the “run rate”) has been remarkably stable.
• Over the past 20 years, the run rate has averaged 3.29 runs per over, the highest in Test cricket’s history.

Comparing Bazball to the past

• As a result, there is less variety in run rates for innings with larger totals.
• The model took into account the innings total, the year of play, and the location where the match was played.
• As the charts above show, the model does well at capturing how the mean and variance of run rates changes with year and innings total.

Putting Bazball in context

• As you can see by the highlighted bars, there are eight Bazball innings in the top 30.
• This is quite remarkable, given there are only 20 Bazball innings altogether in our data set of 2,659 innings.
• This demonstrates strong evidence that Bazball is a very real phenomenon.

• DALLAS, July 26, 2023 /PRNewswire/ -- AT&T Inc. (NYSE: T) delivered strong second-quarter results with profitable subscriber growth and year over year increases in Mobility service and broadband revenues.
• The webcast and related materials, including financial highlights, will be available on AT&T's Investor Relations website at https://investors.att.com .
• This increase primarily reflects higher Mobility, Mexico and Consumer Wireline revenues, partly offset by lower Business Wireline revenues.
• Broadband revenues increased 7.0% due to fiber growth of 28.0%, partly offset by a 13.7% decline in non-fiber revenues.

• The final leg of the tour - the last two T20Is - will be hosted at the ground in Lauderhill in Florida, USA.
• India's Test team is facing West Indies after their last performance in the WTC final against Australia.
• "World Class Cricket has been a common denominator in our Program Planning "said Dr. Shan Chandrasekar, President and CEO of ATN.
• Apart from the Cricket West Indies Rights, ATN also holds the exclusive rights for New Zealand Cricket for the next season and will feature tours of Bangladesh, South Africa and Australia.