Swiss alternative investment firm LGT Capital Partners has announced the final close of Crown Global Secondaries V (CGS V), its fifth private equity investment programme investing globally in secondaries, at a hard cap of $4.5 billion. Investors included over 100 institutions, including pension funds, endowments, insurers, sovereign wealth funds, family offices, and financial institutions in… Continue reading LGT Capital Partners secures final close of global secondaries fund at $4.5b hard cap
Tag: Strategy
@GM: Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry June 15, 2021
Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry GM to engineer and supply its Ultium battery and HYDROTEC hydrogen fuel cell systems for Wabtec freight locomotives PITTSBURGH June 15, 2021 — Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to… Continue reading @GM: Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry June 15, 2021
Ayutthaya selected as the 5th city to be featured in the 5th edition of the MICHELIN Guide in Thailand
Ayutthaya selected as the 5th city to be featured in the 5th edition of the MICHELIN Guide in Thailand The fifth edition of The MICHELIN Guide in Thailand, to be released at the end of 2021, will extend its coverage to the ancient city of Ayutthaya, or Phra Nakhon Si Ayutthaya – one of Thailand’s… Continue reading Ayutthaya selected as the 5th city to be featured in the 5th edition of the MICHELIN Guide in Thailand
OLI Insurance Services Acquires Yoder Insurance Agency, LTD
WALNUT CREEK, Calif., June 15, 2021 /PRNewswire/ — TWIS Insurance Services (TWIS), a subsidiary of OLI Insurance Services that specializes in trucking insurance, has expanded its footprint with the purchase of Nevada-based Yoder Insurance Agency, LTD effective June 1, 2021. Dale Yoder has joined TWIS’ operations in a sales and leadership capacity. With over 25 years… Continue reading OLI Insurance Services Acquires Yoder Insurance Agency, LTD
Autonomous delivery startup Nuro moves into logistics with FedEx
Nuro, the autonomous delivery startup founded in 2016 by former Google engineers Dave Ferguson and Jiajun Zhu, is expanding into parcel logistics through a partnership with FedEx. The multiyear, multiphased strategic partnership announced Tuesday aims to test and ultimately deploy Nuro’s second-generation R2 autonomous delivery vehicle within FedEx operations. Unlike others in the autonomous vehicle… Continue reading Autonomous delivery startup Nuro moves into logistics with FedEx
New Report Helps Guide Deployment of EV Charging Infrastructure to Satisfy Driver Needs
ALEXANDRIA, Va., June 15, 2021 /PRNewswire/ — As more EVs are incorporated into the U.S. transportation fleet, the need to build an expansive network of publicly accessible charging locations becomes increasingly important. A strategic plan to deploy electric vehicle service equipment (EVSE) must take into consideration the driving and charging behavior of current EV owners… Continue reading New Report Helps Guide Deployment of EV Charging Infrastructure to Satisfy Driver Needs
USAA Real Estate Completes Sale Of La Cantera Resort & Spa
USAA Real Estate re-imagined and transformed the property in 2015/2016, enhancing all of the renowned amenities across the Resort’s 630 acres, including some of San Antonio’s finest dining and recreation venues, such as Signature Restaurant, Loma de Vida Spa, five pools and 36-holes of award-winning golf within the Resort Course and Palmer Course. The recent… Continue reading USAA Real Estate Completes Sale Of La Cantera Resort & Spa
asTech Acquires Mobile Tech RX
NEW YORK, June 15, 2021 /PRNewswire/ — Repairify, Inc. d/b/a asTech (“asTech”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook“), announced today the acquisition of Mobile Tech RX (“Mobile Tech RX” or the “Company”). Mobile Tech RX is the industry leading automotive and collision reconditioning application with over 4,000 companies and approximately 6,000 active users that… Continue reading asTech Acquires Mobile Tech RX
Continental and Elektrobit Bring First Automotive Supplier In-vehicle Integration of Amazon’s Alexa Custom Assistant
Highly integrated hardware-software solution will help automakers accelerate deployment of an industry-leading customized voice experience for digital cockpits In an automotive industry first, automakers can now truly test-drive Alexa Custom Assistant as a solution demo in a production vehicle Joint solution – which enables a seamless technology experience and natural dialogue between driver and vehicle… Continue reading Continental and Elektrobit Bring First Automotive Supplier In-vehicle Integration of Amazon’s Alexa Custom Assistant
Bestpass Expands Toll Coverage to Alabama
ALBANY, N.Y., June 15, 2021 /PRNewswire/ — Bestpass®, the comprehensive payment platform provider and leader in toll management solutions for commercial fleets in North America, today announced that the company has expanded its nationwide toll coverage network to Alabama through a partnership with American Roads. Bestpass will offer its customers Alabama coverage on the Tuscaloosa… Continue reading Bestpass Expands Toll Coverage to Alabama