Kimco Realty Management to Present at the Citi 2021 Global Property CEO Conference

Kimco Realty Management to Present at the Citi 2021 Global Property CEO Conference

JERICHO, N.Y.–(BUSINESS WIRE)–
Kimco Realty (NYSE: KIM) announced today that its management will present at the Citi 2021 Global Property CEO Conference on Tuesday, March 9, 2021.

Event:

Kimco Realty Management Presentation

 

When:

March 9, 2021 at 9:00 A.M. – 9:35 A.M., ET

 

Where:

Live webcast can be accessed by clicking on the following link: Kimco Management to Present at Citi Conference or by entering https://kvgo.com/citi/kimco-realty-corp-march-2021 into your web browser.

If you are unable to participate during the live webcast, audio from the conference will be available on our investor relations website until June 11, 2021 at the above link.

About Kimco

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of December 31, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years. For further information, please visit www.kimcorealty.com or follow Kimco on Twitter at www.twitter.com/kimcorealty.

The company announces material information to its investors using the company’s investor relations website (investors.kimcorealty.com), SEC filings, press releases, public conference calls, and webcasts. The company also uses social media to communicate with its investors and the public, and the information the company posts on social media may be deemed material information. Therefore, the company encourages investors, the media, and others interested in the company to review the information that it posts on the social media channels, including Facebook (www.facebook.com/KimcoRealty), Twitter (www.twitter.com/kimcorealty), YouTube (www.youtube.com/kimcorealty) and LinkedIn (www.linkedin.com/company/kimco-realty-corporation). The list of social media channels that the company uses may be updated on its investor relations website from time to time.

Safe Harbor Statement

The statements in this news release state the company’s and management’s intentions, beliefs, expectations or projections of the future and are forward-looking statements. It is important to note that the company’s actual results could differ materially from those projected in such forward-looking statements. Factors which may cause actual results to differ materially from current expectations include, but are not limited to, (i) general adverse economic and local real estate conditions, (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business, (iii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms to the company, (iv) the company’s ability to raise capital by selling its assets, (v) changes in governmental laws and regulations and management’s ability to estimate the impact of such changes, (vi) the level and volatility of interest rates and management’s ability to estimate the impact thereof, (vii) pandemics or other health crises, such as coronavirus disease 2019 (COVID-19), (viii) the availability of suitable acquisition, disposition, development and redevelopment opportunities, and risks related to acquisitions not performing in accordance with our expectations, (ix) valuation and risks related to the company’s joint venture and preferred equity investments, (x) valuation of marketable securities and other investments, (xi) increases in operating costs, (xii) changes in the dividend policy for the company’s common and preferred stock and the company’s ability to pay dividends, (xiii) the reduction in the company’s income in the event of multiple lease terminations by tenants or a failure by multiple tenants to occupy their premises in a shopping center, (xiv) impairment charges and (xv) unanticipated changes in the company’s intention or ability to prepay certain debt prior to maturity and/or hold certain securities until maturity. Additional information concerning factors that could cause actual results to differ materially from those forward- looking statements is contained from time to time in the company’s Securities and Exchange Commission (“SEC”) filings. Copies of each filing may be obtained from the company or the SEC.

The company refers you to the documents filed by the company from time to time with the SEC, specifically the section titled “Risk Factors” in the company’s Annual Report on Form 10-K for the year ended December 31, 2020, as may be updated or supplemented in the company’s Quarterly Reports on Form 10-Q and the company’s other filings with the SEC, which discuss these and other factors that could adversely affect the company’s results. The company disclaims any intention or obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

David F. Bujnicki

Senior Vice President, Investor Relations and Strategy

Kimco Realty Corporation

1-866-831-4297

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

Logo
Logo

Glen Allen, Va-based TAG Advisors launches one of the first Pooled Employer Plans in the Independent Broker-Dealer space

Glen Allen, Va-based TAG Advisors launches one of the first Pooled Employer Plans in the Independent Broker-Dealer space

Voya Financial to serve as recordkeeper for the TAG(k) Pooled Employer Plan

GLEN ALLEN, Va.–(BUSINESS WIRE)–
TAG Advisors, one of the largest and fastest growing branches within Cambridge Investment Research, Inc., announced today the launch of its new Pooled Employer Plan (PEP) with Voya Financial, Inc. (NYSE: VOYA), serving as the PEP’s recordkeeper. Effective Feb. 1, 2021, the TAG(k) PEP is one of the first of its kind to the market in the independent broker-dealer space. The PEP is available to all independent financial professionals affiliated with TAG Advisors, along with the clients of those financial professionals who are seeking a significant offload of fiduciary liability and the benefits associated with aggregating plan assets for significant pricing advantage.

“We are pleased to be one of the first firms of our type in the country to offer a custom-branded Pooled Employer Plan to our clients,” said Greg Raines, CEO of TAG Advisors. “In an ever-changing world of regulation and increasing complexity, our Pooled Employer Plan will bring simplicity, efficiency and improved pricing to our advisors, their businesses and their clients.”

PEPs first came to market through the passing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, a bill enacted in December 2019 to help address the nation’s retirement crisis by expanding access to workplace retirement plans for millions of full- and part-time workers, particularly small business employees. Under the SECURE Act, pooled plan providers began operating in January 2021, allowing employers to join together for a common goal of creating more-efficient 401(k) plans.

TAG Advisors has selected Voya, one of the leading retirement plan providers in the U.S., to serve as the PEP’s recordkeeper. For more than 40 years, Voya has helped Americans plan, invest and protect their savings to get ready to retire better by serving the financial needs of approximately 13.8 million individual and institutional customers in the U.S.

“We are thrilled to be working together with TAG Advisors to help launch their new pooled employer plan by supporting their 401(k) retirement plan services,” said Bill Harmon, president, Retirement Corporate Markets for Voya Financial. “As a leading provider across several markets, Voya has the breadth, scale and resources to meet the needs of employers of all sizes. In collaboration with TAG, we look forward to bringing forward holistic financial wellness solutions to help all of the plan’s participants reach a secure financial future.”

The TAG(k) PEP will also utilize Plan Compliance Services, Inc., an affiliate of The Platinum 401k, Inc., as the pooled plan provider for the program.

“We’re delighted to be involved as the pooled plan provider and third-party administrator for the TAG(k) PEP,” added Terry Power, president of The Platinum 401k. “The TAG(k) Pooled Employer Plan is an innovative and significant achievement in the rapid evolution of pooled employer plans. TAG Advisors clearly sees the benefit of having a ‘private label’ PEP to market through their distribution network that will most likely be focused on the key target market for these types of programs — 401(k) plans with assets of $2,000,000 to $50,000,000 which may be subject to an annual plan audit as part of their Form 5500 submission.”

About TAG Advisors

TAG Advisors is one of the largest and fastest growing branches within Cambridge Investment Research, Inc. With more than 300 Advisors in 29 States, TAG is focused on supporting entrepreneurial Advisors who value independence and want to thrive.

About Voya Financial®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.8 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $7.6 billion in revenue in 2020. The company had $700 billion in total assets under management and administration as of Dec. 31, 2020. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has earned recognition as one of the World’s Most Ethical Companies® by the Ethisphere Institute; as the No. 1-ranked financial services firm among Barron’s 100 Most Sustainable Companies for three consecutive years; as a member of the Bloomberg Gender Equality Index; and as a “Best Place to Work for Disability Inclusion” on the Disability Equality Index. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

About The Platinum 401k, Inc.

The Platinum 401k, Inc., is America’s leading Pooled Employer Plan resource for associations, advisors, and recordkeepers seeking retirement plan solutions for their members or clients. They have over thirty years of experience in working with multiple employer plan clients across America. They are registered with the U.S. Department of Labor as a pooled plan provider and have been providing independent 3(16) Plan Administrator services to multiple employer plans since 2010.

VOYA-RET

Media:

Chuck Hammond

TAG Advisors

P: (717) 256-1679

[email protected]

Laura Maulucci

Voya Financial

Office: (860) 580-1278

Cell: (508) 353-6913

[email protected]

 

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Professional Services Other Professional Services Insurance Finance Consulting Banking

MEDIA:

Logo
Logo

Robbins Geller Rudman & Dowd LLP Announces Lead Plaintiff Deadline in the Clover Health Investments, Corp. Class Action Lawsuit

Robbins Geller Rudman & Dowd LLP Announces Lead Plaintiff Deadline in the Clover Health Investments, Corp. Class Action Lawsuit

NEW YORK–(BUSINESS WIRE)–Robbins Geller Rudman & Dowd LLP (https://www.rgrdlaw.com/cases-clover-health-investments-corp-class-action-lawsuit.html) announces that purchasers of Clover Health Investments, Corp. (NASDAQ:CLOV) (formerly known as Social Capital Hedosophia Holdings Corp. III) Class A common stock and warrants to purchase Class A common stock (collectively, the “Securities”) between October 6, 2020 and February 3, 2021 (the “Class Period”) have until April 9, 2021 to seek appointment as lead plaintiff in the Clover Health class action lawsuit, Yaniv v. Clover Health Investments, Corp., No. 21-cv-00109 (M.D. Tenn.), which is assigned to Judge Aleta A. Trauger.

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Clover Health Securities during the Class Period to seek appointment as lead plaintiff in the Clover Health class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Clover Health class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Clover Health class action lawsuit. An investor’s ability to share in any potential future recovery of the Clover Health class action lawsuit is not dependent upon serving as lead plaintiff. If you wish to serve as lead plaintiff in the Clover Health class action lawsuit, you must move the Court no later than 60 days from February 8, 2021. If you wish to discuss the Clover Health class action lawsuit or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Mary K. Blasy of Robbins Geller, at 800/449-4900 or 631-454-7719 or via e-mail at [email protected]. You can view a copy of the complaint as filed at https://www.rgrdlaw.com/cases-clover-health-investments-corp-class-action-lawsuit.html.

The Clover Health class action lawsuit charges Clover Health and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Clover Health is a health insurance service company that provides Medicare Advantage health plans. Clover Health began the process of going public during the summer of 2020, ultimately merging with Social Capital Hedosophia Holdings Corp III, an already publicly listed special-purpose acquisition company (“SPAC”).

The complaint alleges that Clover Health’s statements throughout the Class Period, including in the registration statement used to complete the SPAC transaction, omitted facts required to make its other statements not misleading and failed to comply with Items 303 and 503 of Regulation S-K. Specifically, the registration statement failed to disclose that Clover Health was subject to an ongoing investigation by the U.S. Department of Justice (“DOJ”), including its software “Clover Assistant” purportedly designed to serve “low-income and often overlooked communities,” as well as kickbacks, marketing practices, and undisclosed third-party deals.

With the price of Clover Health Securities trading at fraud-inflated prices based on their false and misleading statements, Clover Health’s senior officers and directors, including all but one of the defendants, along with certain other venture capital financiers, took steps to cash-in, filing an additional registration statement with the SEC that would register for resale and permit them to sell hundreds of millions of their personally held Clover Health Securities at fraud-inflated prices. Once again, the registration statement filed with the SEC to permit the insiders and venture capital financiers to cash out their shares omitted facts required to make its other statements not misleading and failed to comply with Items 303 and 503 of Regulation S-K.

On February 4, 2021, stock investment firm Hindenburg Research disclosed the existence of the ongoing DOJ investigation by publishing an investigative report entitled “Clover Health: How the ‘King of SPACs’ Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation.” Among other things, according to Hindenburg, prior to the merger, Clover Health had received a civil investigative demand letter from the DOJ “and the corresponding investigation present[ed] a potential existential risk for a company that derives almost all of its revenue from Medicare, a government payor.” Hindenburg also described a relationship between Clover Health and its subsidiary Seek Insurance as “thinly disclosed,” noting that it did not mention the subsidiary on its website yet told seniors that it would provide them with unbiased information on finding Medicare plans. On this news, the price of Clover Health Securities fell more than 12%, damaging investors.

The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud.

Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities litigation. With 200 lawyers in 9 offices, Robbins Geller has obtained many of the largest securities class action recoveries in history. For seven consecutive years, ISS Securities Class Action Services has ranked the Firm in its annual SCAS Top 50 Report as one of the top law firms in the world in both amount recovered for shareholders and total number of class action settlements. Robbins Geller attorneys have helped shape the securities laws and have recovered tens of billions of dollars on behalf of aggrieved victims. Beyond securing financial recoveries for defrauded investors, Robbins Geller also specializes in implementing corporate governance reforms, helping to improve the financial markets for investors worldwide. Robbins Geller attorneys are consistently recognized by courts, professional organizations and the media as leading lawyers in the industry. Please visit http://www.rgrdlaw.com for more information.

https://www.linkedin.com/company/rgrdlaw

https://twitter.com/rgrdlaw

https://www.facebook.com/rgrdlaw

Robbins Geller Rudman & Dowd LLP

Mary K. Blasy, 800-449-4900

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

Logo
Logo

Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report

Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report

HOUSTON–(BUSINESS WIRE)–CLM Matrix from Wolters Kluwer ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, has been recognized as a “Strong Performer” in The Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2021 report.

According to the report, contract management software has transcended its original purpose of creating, negotiating, and storing contracts and evolved into a critical engine of business intelligence and analytics.

“Wolters Kluwer ELM Solutions emerges as a leading option for legal departments…Wolters Kluwer, a leading provider of enterprise legal management (ELM) software, acquired CLM Matrix to add to its portfolio of software tools for legal departments and law firms,” the report, authored by Andrew H. Bartels, VP and Principal Analyst at Forrester Research, Inc., notes. “Since that acquisition, Wolters Kluwer ELM Solutions has integrated the CLM product with the rest of its products in terms of workflow and data and enhanced the user interface.” The reports also notes how clients of Wolters Kluwer ELM Solutions “gave it above-average scores for usability and vendor support.”

“We are elated that CLM Matrix has been recognized as a strong performer, and that client feedback gave above-average scores for usability and vendor support,” said Grant Ramsey, Director, General Management, for Wolters Kluwer ELM Solutions’ CLM Matrix. “We believe this ranking confirms that CLM Matrix is now aligned with the portfolio of world-class workflow tools that automate processes to improve efficiency and drive positive business outcomes that we deliver to corporate legal departments globally.”

CLM Matrix addresses the growing need of corporate legal departments who oversee the organization’s contracting process. Through integration with Wolters Kluwer’s Passport® and TyMetrix® 360° matter and spend management solutions, CLM Matrix helps customers leverage the power of contract management in concert with matter management. These workflows provide increased efficiencies and greater visibility into contract transactions, helping organizations mitigate corporate risk.

ELM Solutions, part of Wolters Kluwer’s Governance, Risk & Compliance division, is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. The company provides a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust its innovative technology and end-to-end customer experience to drive world-class business outcomes.

Wolters Kluwer ELM Solutions was named a leader in both the IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment. The company’s award-winning products include Passport®, the highest rated ELM solution in the latest Hyperion MarketViewLegal Market Intelligence Report and TyMetrix® 360°, the industry’s leading SaaS-based e-billing and matter management solution. ELM Solutions’ LegalVIEW® portfolio of legal analytics solutions is based upon the industry’s largest and most comprehensive legal spend database, with more than $140 billion in invoices.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.

Media Contacts

Paul Lyon

Global Corporate Communications Director

Governance, Risk & Compliance Division

Wolters Kluwer

Office +44 20 3197 6586

[email protected]

Andrew Ferraro

Corporate Communications Manager, Legal Solutions

Governance, Risk & Compliance Division

Wolters Kluwer

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Software Technology Legal Professional Services

MEDIA:

Logo
Logo

Cabot Corporation Expands Engineered Elastomer Composites (E2C™) Line with First Product for Use in Industrial Rubber Products

Cabot Corporation Expands Engineered Elastomer Composites (E2C) Line with First Product for Use in Industrial Rubber Products

E2C DZ8650 offers breakthrough improvements in erosion and wet abrasion resistance for mining rubber applications

BOSTON–(BUSINESS WIRE)–Cabot Corporation today announced the launch of its latest Engineered Elastomer Composites (E2C™) product, E2C™ DZ8650, part of the Durability series of solutions that is designed to reduce in-field failures and maximize operational uptime. DZ8650 is formulated to deliver breakthrough improvements in erosion and wet abrasion resistance, as well as mechanical strength in mining rubber applications including slurry pumps, hydrocyclones and rubber pipes.

Wear resistance of rubber liners and other equipment is an important factor for mining applications. Poor wear life can cause increased downtime and reduced throughput due to excessive maintenance requirements and equipment failure leading to increased operational costs for a mine. As rubber liners are widely used in mining applications, such as slurry pumps, to protect from wear caused by abrasive ores and tailings, they are critical components to maximize operational uptime. E2C™ solutions can extend the life of slurry pump liners by more than 50% or more, and in some cases, have been shown to extend slurry pump life by up to twice as long as conventional reinforcing materials, reducing the total cost of ownership for mine operators while increasing throughput.

“We are excited to expand our E2C solutions portfolio with the launch of DZ8650, our first Durability series product for use in industrial rubber products in the mining industry,” explained David Reynolds, vice president and general manager, Cabot Engineered Elastomer Composites. “DZ8650 gives original equipment manufacturers and suppliers of aftermarket consumables a new opportunity to develop differentiated products and to improve the operational performance of slurry processing systems.”

DZ8650 is a pre-mixed material delivered in highly friable bales, which simplifies material handling and supports production flexibility. Like all E2C solutions, DZ8650 can be integrated into an industrial rubber manufacturer’s current production line without additional capital investment, enabling manufacturers to evolve their business models by expanding performance, shortening development cycles, and reducing operational barriers to new product commercialization. Additionally, because E2C solutions can be mixed using 50% less energy in half the amount of time, customers can lower operating costs while expanding throughput, which is particularly valuable when used on sold-out production lines.

DZ8650 is the latest in the E2C family of solutions launched in early 2020, and represents Cabot’s ongoing commitment to helping tire and industrial rubber products manufacturers reach performance goals while also improving sustainability performance.

To learn more visit e2c.cabotcorp.com.

ABOUT CABOT CORPORATION

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of carbon black, specialty carbons, activated carbon, inkjet colorants, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot’s business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K.

Vanessa Craigie

Corporate Communications

[email protected]

+1.617.342.6015

Steve Delahunt

Investor Relations

[email protected]

+1.617.342.6255

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Other Manufacturing Automotive Other Energy Chemicals/Plastics Manufacturing Tires & Rubber Energy Mining/Minerals Natural Resources

MEDIA:

Logo
Logo

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Baker Hughes Company and Encourages Investors with Losses of $100,000 to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Baker Hughes Company and Encourages Investors with Losses of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Baker Hughes Company (“Baker Hughes” or “the Company”) (NYSE: BKR) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Baker Hughes filed its annual report with the SEC on February 25, 2021. The report revealed that the SEC had notified the Company it was the subject of an investigation in December 2020 “related to its books and records and internal controls regarding sales of its products and services in projects impacted by U.S. sanctions.” The Company also disclosed that it had initiated an internal review “regarding internal controls and compliance related to U.S. sanctions requirements.”

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

[email protected]

www.schallfirm.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

Logo
Logo

J.P. Morgan Launches Project Spark to support diverse emerging alternative investment managers

J.P. Morgan Asset Management to make initial $25 million investment in funds managed by diverse emerging managers

PR Newswire

NEW YORK, March 8, 2021 /PRNewswire/ — J.P. Morgan Asset Management today announced the launch of Project Spark, a new initiative aimed at providing capital to funds managed by diverse, emerging alternative managers, including minority-led and women-led venture capital funds and other private funds.

As part of the new initiative, the firm has committed to an initial $25 million investment in five or more funds, to be governed by a newly established investment committee comprised of diverse senior executives across J.P. Morgan Asset Management. Recent data1 suggests that just 9% of firms in the private equity industry are women or minority led, while just 3% of U.S. focused private equity assets are managed by minority-owned firms.

“Despite increasing dialogue across the alternative investment industry on the need for more diverse managers, there is clearly still a long way to go, which is why we are committed to making a difference by providing capital to diverse emerging managers through Project Spark,” said Jamie Kramer, Head of J.P. Morgan Asset Management’s Alternatives Solutions Group and the chair of the Project Spark Investment Committee. “Through our investments in funds managed by women and diverse managers, we’re not only providing a capital commitment, but also seeking to create a network between our newly established Project Spark investment committee and the diverse managers in which we invest.”  

“We strongly believe it’s critical to take steps to promote diversity across alternatives, and through Project Spark, we will look to leverage our 50-year track record in alternatives to selectively provide capital and expertise to diverse emerging managers,” said Brandon Robinson, J.P. Morgan Asset Management’s CFO of Global Alternatives. “We’re pleased to announce on International Women’s Day that we have committed $25 million in initial seed funding to the program, with our first investment already closed in a women-led venture capital fund.”

J.P. Morgan Global Alternatives is committed to promoting diversity, with 45% of the group’s Operating Committee made up of people of color, women or LGBT+, and 47% of AUM managed by women or women-led teams. The new Project Spark investment committee comprises members across J.P. Morgan Asset Management:

  • Jamie Kramer, Head of Alternative Solutions
  • Lisa Coleman, Head of Global Investment Grade Corporate Credit
  • Megan McClellan, Head of Private Credit
  • Brandon Robinson, CFO, Global Alternatives
  • Lee Spelman, Head of U.S. Equity


About J.P. Morgan Global Alternatives
 
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager, $160 billion in assets under management and more than 600 professionals (as of December 31, 2020), we offer strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Operating from offices throughout the Americas, Europe and Asia Pacific, our 14 independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client’s specific objectives. For more information: jpmorganassetmanagement.com.


About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of USD 2.3 trillion (as of 31 December 2020), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co., and its affiliates worldwide.

1

Source: NVCA Venture Monitor Q3 2020. Bella Private Markets 2018 Diverse Asset Management Firm assessment

 

Cision View original content:http://www.prnewswire.com/news-releases/jp-morgan-launches-project-spark-to-support-diverse-emerging-alternative-investment-managers-301241893.html

SOURCE J.P. Morgan Asset Management

Nuveen Closed-End Fund Reorganizations Complete

Nuveen Closed-End Fund Reorganizations Complete

NEW YORK–(BUSINESS WIRE)–
The reorganizations of Nuveen New Jersey Municipal Value Fund (NYSE: NJV) and Nuveen Pennsylvania Municipal Value Fund (NYSE: NPN) into Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) and the reorganization of Nuveen California Municipal Value Fund 2 (NYSE: NCB) into Nuveen California Municipal Value Fund (NYSE: NCA) were completed prior to the open of the New York Stock Exchange on March 8, 2021.

In the reorganizations, NUW acquired substantially all of the assets and liabilities of each of NJV and NPN in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred. In the reorganization, NCA acquired substantially all of the assets and liabilities of NCB in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred. NCA also completed a change of domicile reorganization from a Minnesota corporation to a Massachusetts business trust. The exchange was based upon the values of the funds’ net assets as of the close of trading on March 5, 2021. The exchange ratio at which common shares of NUW were issued in exchange for the net assets for NJV and NPN and common shares of NCA were issued in exchange for net assets of NCB is listed below:

Ticker

Fund Name

Exchange Ratio

NJV

Nuveen New Jersey Municipal Value Fund

0.89773103

NPN

Nuveen Pennsylvania Municipal Value Fund

0.87497753

NCB

Nuveen California Municipal Value Fund 2

1.51727882

For more information about the shareholder-approved reorganizations, please visit www.nuveen.com/CEF.

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Dec 2020 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

FORWARD LOOKING STATEMENTS

Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

  • market developments;
  • legal and regulatory developments; and
  • other additional risks and uncertainties.

Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.

EPS-1552972PR-E0321X

Financial Professionals:

800-752-8700

Investors:

800-257-8787

Media:

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

Healixa Inc. Appoints Rep. Denver Riggleman to Advisory Board

Former United States Representative Denver Riggleman joins the Advisory Board of Emerald Organic Products Inc. (d/b/a Healixa Inc.)

Holbrook, New York, March 08, 2021 (GLOBE NEWSWIRE) — Emerald Organic Products Inc. (d/b/a Healixa Inc.) (OTC: EMOR) (the “Company”, “EMOR”, “Healixa”), a people-first digital organization that humanizes care by deploying simplified solutions for complex global challenges, today announces that its Board of Directors (the “Board”) appointed Former U.S. Representative Denver Riggleman to its Advisory Board. Rep. Riggleman served as the United States Representative for Virginia’s 5th congressional district, and is an Air Force veteran and national security expert. Rep. Riggleman is also a successful businessman and co-owner of Silverback Distillery

“Rep. Riggleman has thoroughly impressed the Board with both his business acumen and his deep understanding of our technologies,” said Ian Parker, CEO of Healixa. “His connectivity and experience will be invaluable as we accelerate our global expansion and continue to evolve our solutions. We are excited to have Rep. Reiggleman on our Advisory Board and look forward to working closely with him.”

Rep. Riggleman added, “Health and financial institutions are continually evolving with new technologies. Healixa is one of the few companies I have seen that has effectively combined engagement, real-time transactions, and ethical engineering. I am excited to be a part of this board and help move these technologies into the future.”

Healixa is actively building a robust Advisory Board which will utilize its collective knowledge and expertise to provide guidance and direction to the Company’s executive team as it continues to grow and expand. Healixa highly values the broad range of experience that Rep. Riggleman brings to the Advisory Board, which include government, defense, national security and executive management. 

About Emerald Organic Products Inc.

Emerald Organic Products Inc. has recently changed its name to Healixa Inc. in the State of Nevada and continues to trade under the symbol OTC: EMOR. Filings have been made to reflect the name change on the OTC ticker board.  

About Healixa Inc.

Healixa is a technology company with assets in both healthtech and fintech.  Healixa marries code and care to create exceptional experiences in healthtech.  The Company’s people-first approach is designed to humanize care via purpose-driven ethical engineering practices, deploying simple solutions for complex global challenges.

Healixa offers value-based tech solutions to enterprise partner channels across a broad range of industries including employer benefits, travel, pharma, logistics and more.

Forward-looking Statements

Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining regulatory approval or patent protection; and competition from other companies. Except as otherwise required by law, Healixa Inc., f.k.a. Emerald Organic Products, Inc., undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Attachment



Kirin M. Smith
PCG Advisory, Inc.
1-646-823-8656
[email protected]

BTCS Now Producing Revenue from all 100 Ethereum 2.0 Nodes

Silver Spring, MD, March 08, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced its recently expanded transaction verification services operation on ethereum 2.0 is fully operational and generating revenue from all 100 nodes.

“We set a goal of actively generating revenue from all 100 nodes by the end of the first quarter, and we are pleased to report we have achieved this milestone,” stated Charles Allen, Chief Executive Officer of BTCS. “So far, we have deployed 3,200 ETH in our staking operation. With the recent infusion of $9.5 million in gross proceeds from our March 2021 registered direct offering, we are in a great position to continue to grow our validator node network and thereby further accelerate our near-term revenue growth.”

In September 2014, BTCS was the first U.S. public company to mine bitcoin and is now the first U.S. public company to run validator nodes on ethereum 2.0. The Company believes this strategy can drive strong near-term revenue growth while generating financial returns superior to traditional bitcoin mining and opening the door to additional future revenue generating services such as staking as a service.

On December 1, 2020, ethereum began transitioning to a “proof-of-stake” protocol, ethereum 2.0. Under the “proof-of-stake” consensus algorithm, ETH holders have the exclusive right to operate validator nodes on the network and verify transactions, thereby earning transaction fees for their work.

About BTCS:

BTCS is an early entrant in the digital asset market and one of the first U.S. publicly traded companies focused on digital assets and blockchain technologies. The Company through its transaction verification services business actively verifies and validates blockchain transactions and is rewarded with digital assets for its work. The Company is also developing a proprietary digital asset data analytics platform that allows users to consolidate their crypto trades from multiple exchanges onto a single platform, enabling users to view and analyze their performance, risk metrics, and potential tax implications. The Company employs a digital asset treasury strategy with a primary focus on disruptive non-security protocol layer assets such as bitcoin and ethereum. For more information visit: www.btcs.com.

Forward-Looking Statements:

Certain statements in this press release, constitute “forward-looking statements” within the meaning of the federal securities laws including statements regarding our belief regarding the growth of our validator node network and the further acceleration of our near-term revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation the rewards and costs associated with validating transactions on proof-of-stake blockchains, significant decrease in value of ETH and rewards while locked up, loss or theft of the private withdrawal keys resulting in the complete loss of ETH and reward, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2020 and the Prospectus Supplement filed March 4, 2021. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
[email protected]