Posts filtered by tags: Capital Group[x]


 

Here's the pitch deck an app helping new families save used to raise a $9 million Series A from NBA all-star Baron Davis and Anthos Capital

UNest, an app that allows parents to set aside savings for their children, just raised a $9 million Series A. The round was led by Anthos Capital with participation from investors like Northwestern Mutual Future Ventures and former NBA all-star Baron Davis. UNest, which started as a 592 college savings app, has broadened its product offerings since its founding in 2018. Since February, UNest has added 25,000 accounts. Here's the 15-slide pitch deck UNest used to raise its Series A. Visit Busin...
Tags: Los Angeles, Trends, Nba, Mansfield, Capital Group, Baron Davis, Peter Mansfield, Northwestern Mutual Future Ventures, Marqeta, Yudina, Anthos Capital, Ksenia Yudina, UNest, Mike Van Kempen UNest


An app helping families save for college used this pitch deck to raise $9 million from investors like Anthos Capital and NBA all-star Baron Davis

UNest, an app that allows parents to set aside savings for their children, just raised a $9 million Series A. The round was led by Anthos Capital with participation from investors like Northwestern Mutual Future Ventures and former NBA all-star Baron Davis. UNest, which started as a 592 college savings app, has broadened its product offerings since its founding in 2018. Since February, UNest has added 25,000 accounts. Here's the 15-slide pitch deck UNest used to raise its Series A. Visit Busin...
Tags: Los Angeles, Trends, Nba, Mansfield, Capital Group, Baron Davis, Peter Mansfield, Northwestern Mutual Future Ventures, Marqeta, Yudina, Anthos Capital, Ksenia Yudina, UNest, Mike Van Kempen UNest


Savings app UNest used this pitch deck to lay out the 'viral' growth possibilities in helping parents and their kids navigate the student debt crisis

UNest, an app that allows parents to set aside savings for their children, just raised a $9 million Series A. The round was led by Anthos Capital with participation from investors like Northwestern Mutual Future Ventures and former NBA all-star Baron Davis. UNest, which started as a 592 college savings app, has broadened its product offerings since its founding in 2018. Since February, UNest has added 25,000 accounts. Here's the 15-slide pitch deck UNest used to raise its Series A. Visit Busin...
Tags: Los Angeles, Trends, Nba, Mansfield, Capital Group, Baron Davis, Peter Mansfield, Northwestern Mutual Future Ventures, Marqeta, Yudina, Anthos Capital, Ksenia Yudina, UNest, Mike Van Kempen UNest


Catching up with B Capital, the fast-growing firm founded by Eduardo Saverin and Raj Ganguly

B Capital Group, formed in in 2015 by Facebook cofounder Eduardo Saverin and Raj Ganguly, formerly of Bain Capital, has been quietly building its business since closing its first fund with $360 million in capital commitments, anchored by the management consulting giant Boston Consulting Group. Already the firm, which is investing out of its second $410 million fund, employs 50 people and we hear a much bigger fund could be coming. Among its newest additions is a general partner, Rashmi Gopinath,...
Tags: Apple, TC, Facebook, Asia, Europe, Microsoft, Indonesia, California, Singapore, India, San Francisco, Tech, Bird, South America, Seattle, Bain Capital


After a Strong 2019, Wall Street Warns of a Slower Road Ahead

(NEW YORK) — After a year of nirvana, investors may need to get ready for something a little more normal. Markets are coming off a fabulous 2019, where stocks and bonds around the world climbed in concert. But for the next year — and decade, in fact — Wall Street is telling investors to set their expectations considerably lower. It’s not calling for another crash like the U.S. stock market suffered just over a decade ago. Or for another run like the last 10 years, where the S&P 500 returned...
Tags: New York, News, Washington, Wall Street, China, Uncategorized, Investing, Treasury, Goldman Sachs, Trump, Capital Group, Vanguard, Lisa Thompson, Bank of America Merrill Lynch, Nuveen, Greg Davis


Z Capital recruits Hirschbein as MD

Z Capital has named Erik Hirschbein as managing director, finance. Previously, he worked at BlackRock. PRESS RELEASE NEW YORK, May 7, 2019 – Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager of value-oriented private equity and credit funds, today announced the appointment of Erik Hirschbein as Managing Director – Finance. Mr. Hirschbein is based in Z Capital’s New York office and is responsible for all aspects of accounting and financial reporting for the firm and it...
Tags: New York, Trends, People, Capital, Goldman Sachs, Kpmg, Blackrock, Erik, Capital Group, BlackRock Inc, Private Equity Group, Z Capital, Capital Group L L C Z Capital, Capital Group Z Capital, Hirschbein, Erik Hirschbein


Z Capital Partners buys Techniks Tool Group

Z Capital Partners LLC said Feb. 6 that it acquired Techniks Tool Group. Financial terms weren’t announced. Techniks Tool, of Indianapolis, provides tool holding and workholding products used in CNC machine applications for industrial end markets. PRESS RELEASE NEW YORK, Feb. 6, 2019 /PRNewswire/ — Z Capital Partners, L.L.C. (“Z Capital”), the private equity management arm of Z Capital Group, L.L.C., a leading alternative investment manager focused on middle-market private equity and credit stra...
Tags: New York, Trends, Indianapolis, Capital, Capital Group, Company, CNC, Dean, Z Capital Partners, PE Deals, TTG, Z Capital Partners LLC, James Zenni, Capital Group Z Capital Group L L C, Capital Partners L L C Z Capital, Z Capital Group L L C


Z Capital promotes Kane to general counsel and chief compliance officer

Z Capital Group has promoted Matthew D. Kane to general counsel and chief compliance officer. His appointment became effective immediately. Kane joined Z Capital as deputy general counsel in 2014. PRESS RELEASE New York, January 14, 2019 – Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager of opportunistic, value-oriented private equity and credit funds, today announced the promotion of Matthew D. Kane to General Counsel and Chief Compliance Officer, effective immediately...
Tags: New York, Trends, People, Capital, Kane, Capital Group, Matt, Hamilton College, Z Capital Group, Z Capital, James Zenni, Willkie Farr Gallagher LLP, Z Capital Group L L C Z Capital, Duke University School of Law, Matthew D Kane, Z Capital 's Management Committee


Z Capital buys CTM

Z Capital Partners has acquired Salem, New Hampshire-based CTM Group, a provider of managed entertainment and souvenir solutions for tourist destinations. No financial terms were disclosed. PRESS RELEASE NEW YORK, Dec. 3, 2018 /PRNewswire/ — Z Capital Partners, L.L.C. (“Z Capital”), the private equity management arm of Z Capital Group, L.L.C., a leading global alternative investment manager focused on opportunistic, value-oriented private equity and credit funds, today announced the acquisition ...
Tags: New York, Trends, Capital, Ctm, Capital Group, Company, Tom, Capital Partners, Salem New Hampshire, PE Deals, Z Capital, James Zenni, Capital Group Z Capital Group L L C, Capital Partners L L C Z Capital, Z Capital Group L L C, Rahul Sawhney


B Capital leads Series A round for Journera

Journera, travel-focused software platform, has raised $9 million in Series A financing. B Capital Group led the round with participation from Andreessen Horowitz, Pritzker Group Venture Capital and The Boston Consulting Group. Source: Press Release
Tags: Trends, Capital Group, VC Deals, Andreessen Horowitz Pritzker Group Venture Capital, The Boston Consulting Group Source


PE-backed Waldhaus Flims appoints Wolter as GM

Switzerland-based Waldhaus Flims Alpine Grand Hotel & Spa, which provides skiing and snowboarding, golf course, hiking and mountain biking trails for guests, has hired Burkhard Wolter as general manager. His appointment becomes effective immediately. Previously, he was general manager of The Oberoi Beach Resort, Al Zorah in Anjman, UAE. Waldhaus Flims is backed by Z Capital. PRESS RELEASE NEW YORK and FLIMS, Switzerland, June 4, 2018 /PRNewswire/ — The Waldhaus Flims Alpine Grand Hotel & Spa (“W...
Tags: Asia, Europe, New York, Trends, People, Middle East, Switzerland, Capital, Alps, Zurich, Capital Group, Grand Hotel, PE, Leading Hotels of the World Ltd, James Zenni, Ajman UAE


PE-backed SIG taps Fisher as CTO

Sports Information Group LLC, which is backed by Z Capital, has named Itay Fisher as chief technology officer. Previously, Fisher was chief information officer at William Hill Online. SIG is the parent company of horse racing publication Daily Racing Form. PRESS RELEASE Sports Information Group, LLC (“SIG” or the “Company”), a national, multi-media information company dedicated to providing premium data driven content to the sports industry through its flagship Daily Racing Form (“DRF”) platform...
Tags: Europe, UK, America, Trends, People, Capital, North America, William Hill, Cto, Capital Group, Company, U S Supreme Court, Fisher, Sig, PE, Playtech


CGPM leads $150 mln Series E for Innovent Biologics

Capital Group Private Markets kicked in $90 million to a Series E funding round for Innovent Biologics, a biotech company in China. New investors, including Cormorant Asset Management, Rock Springs Capital and Ally Bridge Group, and existing investors, such as Temasek, Hillhouse, Legend Capital, Lilly Asia Venture and Taikang Insurance, helped bring the total funding to $150 million. Press release Innovent Biologics, Inc., a leading biotech company in China, is pleased to announce the completio...
Tags: Asia, China, US, Trends, Capital Group, CFDA, BLA, VC Deals, Capital Group Companies, Innovent Biologics, CGPM, Capital Group Private Markets, Cormorant Asset Management Rock Springs Capital, Ally Bridge Group, Taikang Insurance, Innovent Biologics Inc


Zaha Hadids only house rises like a spaceship in a forest near Moscow

Zaha Hadid’s only private house has just been completed and — to no surprise — it looks like a spaceship that has touched down on Earth. Created with a neo-futuristic aesthetic and ample glazing, the Capital Hill Residence stands in stark contrast with its leafy surroundings. The home is located at the heart of Russia’s Barvikha forest, just a couple miles west of Moscow. The $140 million project was completed for real estate developer and entrepreneur Vladislav Doronin, who runs Capital Group ...
Tags: Design, Russia, Architecture, Gallery, Moscow, Zaha Hadid, Carousel Showcase, Capital Group, Hadid, Vladislav Doronin, Doronin, Zaha Hadid Architects, Futuristic Architecture, Neo Futuristic, OKO Group, Barvikha


B Capital Group closes fund at $360 mln

B Capital Group, a venture firm focused on healthcare, fintech, industrial logistics and consumer enablement companies, has raised $360 million for its new fund. Ropes & Gray LLP provided legal counsel on the fund. B Capital Group was founded in partnership with The Boston Consulting Group. PRESS RELEASE LOS ANGELES–(BUSINESS WIRE)–B Capital Group, a digital technology investment firm that invests in pioneering healthcare, financial services & insurance, industrial, and consumer enablement compa...
Tags: Singapore, Los Angeles, Trends, Funds, Eduardo Saverin, Capital Group, Ropes Gray LLP, Boston Consulting Group, BCG, Howard Morgan, B Capital Group, SilverCloud Health, Capital Group B Capital Group, Boston Consulting Group B Capital Group, The Boston Consulting Group BCG B Capital Group, Raj Ganguly Co


Almotive rides away with $38 mln Series C

Budapest-based Almotive, a full-stack autonomous vehicle technology company, has raised $38 million in Series C funding. B Capital Group and Prime Ventures led the round with participation from Cisco Investments, Samsung Catalyst Fund, Robert Bosch Venture Capital, Inventure, Draper Associates and Day One Capital. Source: Press Release
Tags: Trends, Budapest, Capital Group, Prime Ventures, VC Deals, Almotive


Here’s what BlackRock, Pimco and Capital Group pay in the U.S.

If you work at an asset management firm, then you want to know what the heavy-hitters in the industry pay in the US.
Tags: Pay, Analysis, Capital Group, U S, News &, BlackRock Pimco


B Capital Group beefs up executive team with new appointments

B Capital Group has expanded its core executive team with several appointments. Joining the venture firm are Howard Morgan as chairman, Joe Davis as vice chairman, Allen Duan as operating partner and Rohit Bhagat as a senior adviser. PRESS RELEASE MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–B Capital Group, a global venture capital firm that invests in pioneering healthcare, fintech, industrial logistics, and consumer enablement companies that are scaling worldwide, today announced key appointments ...
Tags: New York, Mexico, America, San Francisco, Trends, People, Washington Dc, Davis, Manhattan, North America, Eduardo Saverin, Joe, Capital Group, Morgan, Howard, Executive Committee


Capital Group opens up to attract a new breed of recruit from Silicon Valley

Asset management experience isn't necessary for some roles at Capital Group, a response to the high level of demand for data scientists and developers.
Tags: Job Market, Analysis, Insight, Silicon Valley, Capital Group, News &


The 3 Workplace Benefits Employees Want the Most

We all want to earn as high a salary as possible at our jobs. But the amount of money you get in your paycheck is only a portion of your total compensation package. In fact, in some cases, stellar benefits can more than make up for an otherwise mediocre salary.So which benefits are most important to workers today? Capital Group did some digging and found that millennials, Gen Xers, and baby boomers alike all agree on the following top three:If you're offered a job that doesn't come with these ke...
Tags: Finance, Capital Group, Gen Xers, Investment Planning, Maurie Backman, 1583a8aa-9d51-11e7-bf77-0050569d4be0


PE-backed SIG adds Glynn to board

Sports Information Group, a portfolio company of Z Capital, has named Richard Glynn to its board of directors. The appointment became effective immediately. Glynn is the founder of Alinsky Partners. SIG is the publisher of horse racing publication Daily Racing Form. PRESS RELEASE New York, August 14, 2017 – Sports Information Group, LLC (“SIG” or the “Company”), a national multi-media information company dedicated to providing premium data driven content to the sports industry through its flagsh...
Tags: New York, America, Trends, People, Capital, Oxford University, North America, Ladbrokes, Richard, Richard Glynn, London Business School, Capital Group, Company, Glynn, Sig, PE


Z Capital taps Coats as operating partner

Z Capital Group LLC has named Andrew Coats as a operating partner. Previously, Coats worked at BlackRock Real Estate Advisors where he was the director of the development management team. PRESS RELEASE NEW YORK, AUGUST 8, 2017 – Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager focused on opportunistic, value-oriented private equity and credit funds, today announced the appointment of Andrew Coats as an Operating Partner. Mr. Coats will be based in New York and will assi...
Tags: New York, Trends, People, Capital, Coats, Capital Group, Andrew, James Zenni, Z Capital Group LLC, Capital Group Z Capital Group L L C, Partners of Z Capital, Andrew Coats, BlackRock Real Estate Advisors, Development Management, BlackRock Real Estate Advisors In, BlackRock Mr Coats


Z Capital buys horse racing publisher SIG

Z Capital has acquired Sports Information Group, a provider of content for horse racing fans. Included in the transaction is SIG’s flagship horse racing publication Daily Racing Form. No financial terms were disclosed. JEGI advised Daily Racing Form on the deal. PRESS RELEASE New York, July 25, 2017 – Z Capital Partners, L.L.C. (“Z Capital”), the private equity management arm of Z Capital Group, L.L.C., a leading global alternative investment manager focused on opportunistic, value-oriented priv...
Tags: New York, America, Trends, North America, Capital Group, Company, PE Deals, Z Capital Group, Z Capital, James Zenni, Capital Partners L L C Z Capital, Z Capital Group L L C, Capital Partners Z Capital Partners L L C, Sports Information Group, Z Capital of Sports Information Group LLC, Daily Racing Form


Bright.md nabs $8 mln Series B

Portland, Oregon-based Bright.md, a maker of virtual care solutions to improve healthcare efficiencies and outcomes, has raised $8 million in Series B funding. B Capital Group led the round with participation from return backer Seven Peaks Ventures. PRESS RELEASE PORTLAND, Ore. – July 17, 2017 – Bright.md, developer of a virtual care solution to improve healthcare efficiencies and outcomes while reducing costs for many of the most common health conditions, today announced it has closed an $8 mil...
Tags: Oregon, Stanford, Trends, United States, Portland, Ai, Portland Oregon, West Coast, Capital Group, Boston Consulting Group, Avia, VC Deals, Greenville Health System, B Capital Group, Adam Seabrook, Gavin Teo


Apponyi joins Z Capital as MD and investor development European head

Z Capital Group LLC has hired Alexander Apponyi as a managing director and European head of investor development. Previously, Apponyi worked at Jefferies International where he served as European head of the firm’s private capital group. PRESS RELEASE NEW YORK, July 10, 2017 /PRNewswire/ — Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager focused on opportunistic, value-oriented private equity and credit funds, today announced the appointment of Alexander Apponyi as a Ma...
Tags: Asia, Europe, New York, London, Trends, People, Middle East, Capital, Jefferies, Capital Group, Alexander, UBS Investment Bank, James Zenni, Jefferies International, Z Capital Group LLC, Capital Group L L C Z Capital


Inturn attracts $22.5 mln Series B

Inturn, a platform provider that allows brands and retailers to sell and buy excess inventory, has raised $22.5 million in Series B financing. B Capital Group led the round with participation from other investors that included Beanstalk Ventures, Novel TMT Ventures, Forerunner Ventures, Lerer Hippeau Ventures and Benvolio Group. Source: Press Release
Tags: Trends, Capital Group, VC Deals, Benvolio Group


Z Capital adds new MD to team

Z Capital has appointed Gianni Russello as a managing director. Russello is a former managing director in the restructuring and special situations advisory investment banking group at Oppenheimer & Co Inc. PRESS RELEASE NEW YORK, May 22, 2017 /PRNewswire/ — Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager focused on opportunistic, value-oriented private equity and credit funds, today announced that Gianni Russello has joined the firm as a Managing Director responsible f...
Tags: New York, Trends, People, West, Middle East, Capital, Capital Group, New York Ny, Oppenheimer, Gianni, Z Capital, North America Europe Asia Africa, Oppenheimer Co Inc, James Zenni, Capital Group L L C Z Capital, About Z Capital Group Z Capital Group L L C


Hudson’s Bay taps debt adviser amid Neiman Marcus bid challenges: Reuters

(Reuters) — Canada’s Hudson’s Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people familiar with the matter. The move is the clearest indication yet that Neiman Marcus’ $4.7 billion debt pile poses significant challenges to a merger between Hudson’s Bay, owner of the Lord & Taylor and Saks Fifth Avenue retail chains, and private equity-owned Neiman Marcus. Hudso...
Tags: Texas, Virginia, Trends, United States, Manhattan, Taylor, Hudson, Cppib, Saks Fifth Avenue, Bay, Neiman Marcus, Reuters, Capital Group, Macy s Inc, Bergdorf Goodman, Richard Baker


Icertis fetches $25 mln Series C

Seattle-based Icertis, a provider of enterprise contract management in the cloud, has secured $25 million in Series C funding. B Capital Group led the round with participation from previous backers Ignition Partners, Greycroft, e.ventures and Eight Roads Ventures. Source: Press Release
Tags: Trends, Seattle, Greycroft, Capital Group, VC Deals, Icertis


Z Capital to buy Premier Thermal Solutions

Z Capital Partners LLC has agreed to acquire Atmosphere Annealing AA and NitroSteel LLC, collectively known as Premier Thermal Solutions LLC, from Gerdau S.A. No financial terms were disclosed. With plants in Ohio, Michigan and Indiana, AA is a provider of metal heat treating and related services to various markets while Wisconsin-based NS is a provider of ferritic nitrocarburized steel bars. PRESS RELEASE New York, March 16, 2017 — Z Capital Partners, L.L.C. (“Z Capital”), the private equity ma...
Tags: New York, Americas, Trends, Indiana, Middle East, Brazil, Wisconsin, Madrid, Latin America, Capital Group, New York Ny, Gerdau, LANSING Michigan, Ohio Michigan, PE Deals, Z Capital Partners LLC