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Main » 2017 » December » 24

Mads Nipper: In the long run, sustainable business models will be successful and create business opportunities


Dubai, United Arab Emirates-Sunday, December 24th 2017 [ AETOS Wire ]

Grundfos, the award-winning world leader in advanced pump solutions, took part with a keynote speech in the District Energy Systems for a Sustainable and Energy Efficient Future Conference 2017. The event, co-organized by the Danish Board of District Heating and the Trade Council of Denmarkin Turkey, was held on November 29 at the SwissĂ´tel the Bosphorus, Istanbul. B2B meetings and roundtables explored market opportunities within the district energy sector in Turkey and best practice cases from Denmark, for a sustainable and energy efficient future and city transformation.

In his speech, by which he tackled the “New Role of Business in Society”, Mads Nipper, Chief Executive Officer and Group President of Grundfos Holding A/S, focused on sustainability and busines ... Read more »

Views: 54 | Added by: africa-live | Date: 12.24.2017 | Comments (0)

Dubai, United Arab Emirates-Sunday, December 24th 2017 [ AETOS Wire ]

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a mezzanine lending opportunity in the United States, as part of the launch of a new strategy focusing on investments into debt structures.  This first investment utilizes the innovative Property Development Certificate (“PDC”) instrument, which is an amortizing mezzanine loan, and has been structured in a Sharia-compliant manner.

This first PDC finances the acquisition of a portfolio comprising three multifamily properties (“Portfolio”), consisting of 399 apartments located in Jackson, Mississippi, USA. The properties currently have an average occupancy of over 90%, and are rented just below market rates. The borrower is a specialist multifamily asset management company that is providing ... Read more »

Views: 61 | Added by: africa-live | Date: 12.24.2017 | Comments (0)

NEW YORK-Saturday, December 23rd 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- First Eagle Investment Management (“First Eagle”) today announced that it has completed its previously announced acquisition of NewStar Financial Inc. (NASDAQ:NEWS) ("NewStar”), an established lender and investment manager specializing in direct lending to middle-market companies and management of broadly syndicated loans. NewStar’s credit platform and investment teams now form the alternative credit group of First Eagle.

“We are very pleased to add NewStar, a high-quality alternative credit manager that will broaden our investment lineup for both institutional and retail investors,” said Mehdi Mahmud, president and chief executive officer of First Eagle Investment Management. “NewStar has a track record of prudent lending that dates back to before the global financial crisis of 2007-2008. Given where we are in the credit cycle, we think thoughtful i ... Read more »

Views: 47 | Added by: uaeonlinenews | Date: 12.24.2017 | Comments (0)