World Cup betting drives growth in Denmark

first_img Denmark’s gambling sector soared over the summer thanks to a boost from the Fifa World Cup and growth in online casino. Figures from regulator Spillemyndigheden show that total revenue in the three months through to June 30 amounted to DKK1.63bn (£193.7m/€218.6m/$251.2m), up 11.5% on the corresponding period last year. Betting led the way in Denmark as punters rushed to place wagers on the World Cup, which ran from June 14 to July 15. Denmark lost on penalties to Croatia in the round of 16 stage, but the country’s progress in the tournament drove betting up to $100m, compared to around $80m in Q2 of 2017. The betting total for Q2 represents the largest quarterly revenue amount since Denmark legalised gambling in January 2012. According to Sportradar, global betting turnover on the World Cup hit €136bn. Betting was responsible for the majority of gambling activity in Q2, with a 39.7% market share. Online casino followed with a 32.9% share, after revenue in this market climbed from $70m in Q2 of last year to $82m.Gaming machines and land-based casinos were hit as punters instead turned their attention to betting and online gaming, with losses reported across both markets.Image: Russian Presidential Press and Information Office 4th October 2018 | By contenteditor Casino & games Email Address World Cup betting drives growth in Denmark AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Finance Sports betting Regions: Europe Nordics Denmark Subscribe to the iGaming newsletter Tags: Mobile Online Gambling OTB and Betting Shops Online casino revenue also up in second quarterlast_img read more

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Operators call for compliance “grace period” in Illinois

first_img Industry stakeholders have suggested policies such as a pre-registration process, a 270-day “grace period” to comply with regulations and licensing reciprocity between jurisdictions as part of Illinois’ public consultation period on legal sports wagering. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Operators call for compliance “grace period” in Illinois Industry stakeholders have suggested policies such as a pre-registration process, a 270-day “grace period” to comply with regulations and licensing reciprocity between jurisdictions as part of Illinois’ public consultation period on legal sports wagering.Some stakeholders and members of the public also used the consultation period to criticize Churchill Downs Incorporated for its decision not to operate a racino at Arlington racetrack in the state, where it will instead only take sports wagers.The public consultation process ran from 27 August to 27 September and included input from operators including William Hill, MGM and Rivers Casino, as well as other stakeholders and members of the public.William Hill requested license reciprocity between “major gaming jurisdictions” as well as a pre-registration period to “provide for a smoother launch” and in-stadium registration.Read more on iGB North America. Legal & compliance 7th October 2019 | By Daniel O’Boylecenter_img Regions: US Illinois Topics: Legal & compliance Sports betting Email Address Subscribe to the iGaming newsletterlast_img read more

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CFI Holdings Limited 2013 Abridged Report

first_imgCFI Holdings Limited (CFI.zw) listed on the Zimbabwe Stock Exchange under the Agri-industrial sector has released it’s 2013 abridged results.For more information about CFI Holdings Limited (CFI.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the CFI Holdings Limited (CFI.zw) company page on AfricanFinancials.Document: CFI Holdings Limited (CFI.zw)  2013 abridged results.Company ProfileCFI Holdings Limited is a leading agricultural-based industrial holding company in Zimbabwe; primarily involved in manufacturing and selling fresh produce and manufacturing stock feed, aswell as property management and letting. Through subsidiaries and joint ventures; it manages wholesale and retail outlets, offers products and services for animal health, operates maize and wheat mills, and is involved in poultry farming and producing and selling poultry products. CFI Holdings Limited manages a separate entity offering services for the development and management of real estate in Zimbabwe. STALAP Investments is now the largest shareholder in CFI Holdings Limited after increasing its stake in the company to over 40%. STALAP is an investment vehicle owned by Zimre Holdings. Its retail outlets include Farm & City and Vetco Animal Health; its specialised divisions include Victoria Foods, Saturday Retreat Estate, Reston Developers and Maitlands Zimbabwe Limited. Poultry is marketed and distributed through Agrifoods, Agrimix, Hubbard Zimbabwe, Glenara Estates, Crest Breeders International and Suncrest Chickens. CFI Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

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House Passes Farm Only Farm Bill

first_img SHARE In theory, the House Farm Bill will now go to conference with the Senate passed bill which does contain funding for food and nutrition programs.  AFBF President Bob Stallman says he is relieved that the House finally passed a Farm Bill, but admits the future is unclear about where the legislation will go from here, “While we were hopeful the Farm Bill would not be split, nor permanent law repealed, we will now focus our efforts on working with lawmakers to deliver a Farm Bill to the President’s desk for his signature by September.” House Passes Farm Only Farm Bill Home News Feed House Passes Farm Only Farm Bill Facebook Twitter SHARE Previous articleAnalysts Dig Into USDA ReportsNext articleHouse Farm Bill Reaction, Divided Gary Truitt By Gary Truitt – Jul 11, 2013 House Ag Committee ranking member Collin Peterson said Democrats oppose the removal of SNAP funding, “First and foremost, I believe the strategy of splitting the Farm Bill is a mistake that jeopardizes the chances of it ever becoming law. And repealing permanent law all but ensures that we will never write a Farm Bill again.”Congressman Marlin StutzmanIndiana Congressmen Marlin Stutzman, who was responsible for generating support for a standalone Farm Bill, called it a historic opportunity to make real reform, “Farm policy and food stamp policy should not be mixed. As Congress immorally sinks our country into $17 trillion in debt, taxpayers deserve an open and honest discussion on how our money is being spent.” He added, by separating farm and food policy, both can be evaluated on their own merits.  A month ago Stutzman was a lone voice crying in the wilderness for a split Farm Bill. House leadership, however, warmed to the idea despite opposition from most major farm groups. A 600 page standalone bill emerged from the House Rules committee late last evening and was placed before the full House on Thursday morning. House Passes Farm Only Farm Bill Facebook Twitter The bill is historic in another way in that it now becomes permanent law and eliminates previous provisions adopted in the 1930s and 40s.  Republicans argued that this approach was a way to get a Farm Bill passed by the House without the baggage of the food and nutrition programs which caused the Farm Bill to be defeated by the House last month. The US House made history on Thursday by passing the first ever Farm Bill that does not include funding for food and nutrition programs. The final vote of 216 to 208 was along party lines with only 9 Republicans voting against the bill.  The debate on the House floor was extremely partisan and often very contentious. House Ag Committee Chairman Frank Lucas led the fight for the Farm Bill which, for the first time, separates farm policy from food stamp policy. Lucas said the bill is good for agriculture and good for America, “Today was an important step toward enacting a five-year Farm Bill this year that gives our farmers and ranchers certainty, provides regulatory relief to small businesses across the country, significantly reduces spending, and makes common-sense, market-oriented reforms to agricultural policy. I look forward to continuing conversations with my House colleagues and starting conversations with my Senate colleagues on a path forward that ultimately gets a Farm Bill to the President’s desk in the coming months.”last_img read more

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Bower Trading Market Strategy Report: Growing World Market Good for Ag…

first_imgHome Indiana Agriculture News Bower Trading Market Strategy Report: Growing World Market Good for Ag Futures Bower Trading Market Strategy Report: Growing World Market Good for Ag FuturesJim BowerLast week we saw the US economy and the world market continue to show signs of rapid growth, yet the commodity markets stayed quiet and calm.  U.S. jobs and salary data out last week showed the economy is heating up. Energy and equity markets were volatile, and the dollar began to recover from recent lows.  Jim Bower, with Bower  Trading, says world economic growth is red hot which will, in time, straighten corn, soybean, and wheat prices, “For the first time in history, we have the top 50 world economies all with a growing GDP.  That is why I think commodities at this price point are well balanced and will be purchased by these economies in larger amounts that most people think.”Meanwhile, weather continues to be a factor. Winter kill and very dry conditions in the western wheat areas are keeping the market nervous, “If they don’t get some moisture soon, this situation with the hard red winter wheat crop could get serious, and we could see a very dynamic market by spring.”Finally, the situation in South America is stabilizing with Brazil expected to have a bumper soybean crop, “Some people are talking a Brazilian soybean crop as large as 115 million metric tons, that would be a new record.” But Argentina is another matter. Dry conditions there may cut production, and that could be a short term market factor to watch.For more market strategy information, contact Bower Trading at 800-533-8045 or bowertrading.com.This material has been prepared by a sales or trading employee or agent of Bower Trading Inc and is, or is in the nature of, a solicitation. This material is not a research report prepared by Bower Trading Inc. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.  PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS.  TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION. By Gary Truitt – Feb 4, 2018 Bower Trading Market Strategy Report: Growing World Market Good for Ag Futures Facebook Twitter SHAREcenter_img Facebook Twitter The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Bower Trading Inc believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. Previous articleDoud Nomination Hold LiftedNext articleISDA Creating Agricultural Asset Maps to Assist with Economic Development Gary Truitt SHARElast_img read more

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Chancellor establishes cabinet-level diversity position

first_imgThe chancellor responded to a list of demands released by students. (Kat Matthews / TCU 360) TCU places second in the National Student Advertising Competition, the highest in school history Linkedin + posts Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ ReddIt Kacey Bowen printTCU is establishing a cabinet-level position regarding diversity and inclusion in response to student concerns.Chancellor Victor Boschini sent out a campuswide email Tuesday outlining actions he said “are achievable in the short-term.”On Friday, senior political science majors Diona Willis and Shanel Alexander as well as senior journalism major and managing editor for TCU 360, Emily Laff, met with the chancellor and other university officials with a 14-point plan.Of the 14 demands, three of the major concerns include the establishment of a $100 million endowment to support minority students with scholarships, to increase faculty of color by at least 10 percent and to hire a cabinet-level diversity officer.In response to the concerns, Boschini is implementing the following:Chancellor responds to list of demands from students.In addition to the cabinet-level position, Boschini said the university will provide more sensitivity training campuswide so that people “may better partner with us to effect cultural change” on campus.The university wants to find additional ways to support students, faculty and staff of color through “some of the conflict happening in our country.”To “actively recruit” a more diverse university community.Will ask the Diversity Commission to establish a Bias Response Team.And ask faculty to review curricula that would “engage students in the scholarship of diversity and inclusion.”“Our university community is imperfect, but I have not experienced another that cares for its members like TCU,” Boschini said. “We have work to do.”Editor’s note: While Emily Laff is a managing editor for TCU 360, she did not contribute to this post.  Twitter Kacey is a junior journalism major from Friendswood, Texas. She is a managing editor for TCU360. Support for seniors on Senior Day Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ TCU vs Georgia: “Playing to win” Facebookcenter_img Twitter Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ TCU falls to Georgia in AutoZone Liberty Bowl TAGSembedded document ReddIt Previous articleOrganizers of protests release list of demandsNext articleCelebrity Dish (Ep. 03 – Kerry Washington’s baby, the Kardashians and more) Kacey Bowen RELATED ARTICLESMORE FROM AUTHOR The College of Science and Engineering Dean, Phil Hartman, retires after 40 consecutive years Kramer claims 100th career win Facebook Linkedin Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ TCU Frog Camps returning to more traditional look this summerlast_img read more

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Student uses GoFundMe to help pay for on campus housing

first_imgMichelle Rosshttps://www.tcu360.com/author/michelle-ross/ + posts Linkedin Michelle Ross is a senior Journalism and Communication Studies double major from Austin, Texas. When she is not in the newsroom, she loves to dance, go on random adventures and pet dogs on campus. Linkedin Aardvark closes, Christ Chapel relocates printThe cost of a year at TCU can start to add up fast, and even with scholarships, some students struggle to afford everything that makes the TCU experience what it is. Enter a creative new solution: setting up a GoFundMe account.GoFundMe is a personal fundraising website that allows users to raise money for charity, for themselves or for others they find deserving. Users set up their page, tell the story of why they are trying to raise money and then hope the page gets spread through social media and word of mouth enough to allow them to reach their fundraising goal.Many TCU focused GoFundMe pages have been set up, ranging from people looking for help to afford tuition, student organizations hoping to raise money for travel or for supplies and groups looking for donations to help a charitable cause.First-generation student Alejandra Lopez is hoping she can find similar success with her page.Lopez, a first-year education major, received a full-tuition scholarship but is trying to raise money on her GoFundMe page to help pay for room and board so she can live on campus and have what she calls the “full college experience.”“I come from a low-income family,” Lopez said. “My parents had no college savings for me, but I was lucky to have amazing college advisors at my high school, Arlington Heights, which helped me pay off all my tuition.”While Lopez’s scholarship covers the $44,670 tuition bill, the cost of books and on-campus dining and living brings the total cost of a year at TCU to about $58,090, according to the Office of Financial Aid.After her tuition was paid for, Lopez said she searched for options to live on campus because she did not have a car to commute to class and her parents didn’t have time to take her.“At first, I was planning on asking my boss to co-sign a loan for me,” Lopez said.However, she had difficulty finding one she could apply for. Lopez said her boss then encouraged her to make a GoFundMe account in hopes for her to raise enough money to live on campus. Once Lopez created the account, her boss shared the link to his Facebook.Within a day of creating the account, Lopez raised $3,000 and currently has her first semester for room and board paid off.“I was surprised by the amount of generosity I received,” she said. “I realized there are so many people out there who want to see you succeed and see you live your dreams, which I’m truly grateful for.”While raising money, Lopez said it was hard to hear some of the reactions about her account.She said she felt upset when she, “saw people on Facebook talking about how stupid it was to make a GoFundMe to pay for a dorm room.”However, the love from her community outweighed the negativity she saw on social media. Today she is enjoying living the college life in Sherley Hall, Lopez said. World Oceans Day shines spotlight on marine plastic pollution ReddIt Facebook Previous articleBoard of Trustees names new chair: Mark JohnsonNext articleDixon hires former Pitt player and manager as ‘final piece’ of coaching staff Michelle Ross RELATED ARTICLESMORE FROM AUTHOR Michelle Rosshttps://www.tcu360.com/author/michelle-ross/ Classroom technology frustrates faculty, students TCU places second in the National Student Advertising Competition, the highest in school history 41st Jazz Festival gives guest musicians a chance to perform Rec center app aims to make scheduling workouts easier Michelle Ross Photo credit: Maria Contreras Twitter Twitter Facebook ReddIt Michelle Rosshttps://www.tcu360.com/author/michelle-ross/ Michelle Rosshttps://www.tcu360.com/author/michelle-ross/ Welcome TCU Class of 2025last_img read more

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Huntington Library Partners with Pasadena Youth Organization to Teach Kids Water Issues, Conservation

first_imgHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyThese Lipsticks Are Designed To Make Your Teeth Appear Whiter!HerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty9 Gorgeous Looks That Have Been Classic Go-tos For DecadesHerbeautyHerbeauty Top of the News For the last five months the Huntington Library and Botanical Gardens has partnered with Pasadena-based Outward Bound Adventures to offer a first of its kind water conservation program to high school students.The program exposed students from the Esteban Torres High School in East Los Angeles to water issues as they visited, worked, and studied the role water plays in supporting life by following its path from the Sierra Nevada mountain range (Sierras) to Los Angeles.Beginning and ending at The Huntington and through a series of classroom activities, service projects, field visits, and expeditions to geographically relevant sites in and outside of the Los Angeles Basin, students were given a comprehensive, interactive overview of the current water issues. By emphasizing scientific inquiry and experiential learning, participants obtained a deeper understanding of the issues and the role they can play locally and regionally to have a significant and positive influence on water issues.Service projects were a big part of this program to instill a sense of stewardship and also exposure to practitioners, such as educators, engineers, botanists, or park rangers. This exposure has resulted in widening the students’ career trajectories beyond what is taught in the classroom and ultimately may lead some of the students to professions in the sciences and related fields.On Saturday, May 30, 2015 the students will be presenting in the new lecture hall at the Huntington Library and Botanical gardens, which is a large, beautiful, theatre-style space.The students will make presentations to address the following:1. How can The Huntington conserve and/or recycle water on the grounds?2. What will the team will do to conserve, prevent pollution, and/or recycle water in their homes and communities?3. What careers did the students find most closely aligned with their values?The program portion of the event is from 10:30 a.m. to noon on Saturday, May 30, 2015.For more information about the program and event contact Courtney Allen, Botanical Education Manager at The Huntington Library, Art Collections, and Botanical Gardens (1151 Oxford Road, San Marino), [email protected], (626) 405-3408 or Charles H. Thomas, Environmental Equity Consultant at (626) 818-1564 or [email protected] Community News Huntington Library Partners with Pasadena Youth Organization to Teach Kids Water Issues, Conservation From STAFF REPORTS Published on Thursday, May 28, 2015 | 3:43 pm Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff Make a comment Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. First Heatwave Expected Next Week center_img Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe 3 recommended0 commentsShareShareTweetSharePin it Community News Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Limerick students encouraged to avail of bike scheme

first_imgPrint Linkedin NewsEducationLimerick students encouraged to avail of bike schemeBy Editor – September 10, 2017 1987 Facebook Limerick camera club celebrating 75 years TAGSCoca-Cola Zero Sugar Bikes College Campus ToursLimerick bike schemeMary Immaculate Coca-Cola Zero Sugar has announced that it is taking the Coca-Cola Zero Sugar Bikes on a college campus tour, visiting college campuses in Limerick, Galway and Cork. The first of the stops took place on Tuesday 5th of September in Mary Immaculate College in Limerick.As part of the visit, Coca-Cola Zero Sugar hosted free spin classes from 11am – 3pm for the students of Mary Immaculate College in partnership with the National Transport Authority (NTA). Limerick native, Go Gym owner and fitness blogger, Leanne Moore was on hand to put students’ Spin abilities to the test in a bike challenge.Sign up for the weekly Limerick Post newsletter Sign Up All students and staff of Mary Immaculate College who took part in the Spin classes on Tuesday were given a code to avail of free membership of the Coca-Cola Zero Sugar Limerick Bike Scheme.Petre Șandru, Country Manager, Coca-Cola Ireland said: “We are delighted to be bringing the Coca-Cola Zero Sugar Bikes to college campuses around Ireland. Having a great public bike scheme on your doorstep makes it so much easier to work cycling into your everyday routine and we want to spread this message to college students. With 23 stations and 215 bikes already located throughout Limerick City, the scheme has been a major benefit to tourists, commuters and leisure bike users alike. We are hoping to encourage more students in Mary Immaculate College to avail of the bike scheme with stops located right beside their college campus it’s the ideal way for them to commute to college.”Anne Graham, CEO of the National Transport Authority said: “In recent years, we have seen a very positive trend, with more and more people cycling to college and to work, and I have no doubt that the bike share schemes like the one here in Limerick have played a significant role in making that happen. The scheme has been very successful and we want to build on this success by improving services and expanding the number of locations served. To that end, I am happy to announce that we will be commissioning a new bike station at Colbert Station before the end of the year and delivering stations at Limerick Institute of Technology and Thomond next year.”Leanne Moore, Fitness Blogger and Owner of Go Gym Limerick said: “I’m thrilled to be a part of the Coca-Cola Zero Sugar Regional Bikes campus tour. The bike scheme is already hugely successful in Limerick City and with a station so near the Mary Immaculate College campus, we’re encouraging all existing students who haven’t already, and freshers in particular, to get signed up for free today. It was great to go head to head with some students in the bike challenge today and test their pedal power!”For more information on the Limerick Bike scheme, visit www.bikeshare.ie/limerick.html. The Coca-Cola Zero Sugar Bikes College Campus tours continues throughout September stopping in NUI Galway on 13th September, GMIT in Galway on 19th of September and UCC on 20th September. WhatsAppcenter_img Twitter Limerick bike scheme launch delayed Previous articleSiamsa Tíre’s Anam in danceNext articleAre you Judas Iscariot or Jesus Christ superstar? Editor RELATED ARTICLESMORE FROM AUTHOR Email Advertisementlast_img read more

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Arlington Capital Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management

first_imgLocal NewsBusiness TAGS  By Digital AIM Web Support – February 22, 2021 WhatsApp Twitter Twitter WASHINGTON–(BUSINESS WIRE)–Feb 22, 2021– Arlington Capital Partners (“Arlington”), a leading middle market private equity firm, today announced a passive, non-voting, minority equity investment by Goldman Sachs Asset Management’s (“GSAM”) Petershill program, creating a strategic relationship with one of the world’s leading investment managers and accelerating Arlington’s growth and success. The investment follows a multi-decade relationship between Goldman Sachs and Arlington in which GSAM has been a limited partner investor in Arlington’s funds. The transaction will have no impact on the day-to-day operations or management of Arlington. The additional capital will facilitate the continued strategic growth of Arlington as it expands an existing first-class base of global limited partners, utilizes its unique sector expertise to provide additional highly differentiated investment vehicles to its investors, and further invests in the firm’s organization and infrastructure. Matt Altman, Michael Lustbader, and Peter Manos, the Managing Partners of Arlington, said, “We are excited to expand our partnership with Goldman Sachs. They have an outstanding reputation within the investment community and we are privileged that they have chosen to make this strategic minority investment in our platform through the Petershill program. GSAM has a long history of supporting the world’s top performing alternative asset managers, and we are honored to have their partnership as we continue to grow our firm.” Christian von Schimmelmann, co-head of Goldman Sachs Asset Management’s Petershill unit, said, “Arlington Capital Partners has built a world-class private equity platform, delivering differentiated value to its investors for over two decades. Arlington’s expertise within their core sectors affords them a reputation within those industries that creates a true competitive advantage and has enabled them to deliver industry-leading results for their investors. We are eager to expand our relationship with Arlington through this investment and look forward to leveraging our firm’s experience and expertise to accelerate Arlington’s next phase of growth in line with its strategic objectives.” Evercore Inc. provided financial advice and Kirkland & Ellis LLP provided legal counsel to Arlington in connection with the transaction. Fried, Frank, Harris, Shriver & Jacobson LLP provided legal counsel to Goldman Sachs Asset Management. About Arlington Capital Partners Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington is focused on middle market investment opportunities in growth industries including aerospace & defense, government services and technology, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their Company’s position as leading competitors in their field. Visit arlingtoncap.com to learn more. About Goldman Sachs Asset Management (GSAM) Petershill Goldman Sachs Asset Management Petershill launched over a decade ago to partner with leading alternative asset managers and help to accelerate their strategic development. GSAM Petershill’s minority investments seek to support the creation of long-term value by providing strategic capital to enhance employee retention, facilitate business development, buy out legacy equity holders and generate strategic options – while preserving the autonomy and entrepreneurial spirit of these organizations. GSAM manages over $250 billion in assets across leading real estate, private equity, hedge-fund, and traditional long-only managers. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005309/en/ CONTACT: Matt Altman, Michael Lustbader and Peter Manos Arlington Capital Partners 5425 Wisconsin Avenue, Suite 200 Chevy Chase, MD 20815 202-337-7500 KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Arlington Capital Partners Copyright Business Wire 2021. PUB: 02/22/2021 07:00 AM/DISC: 02/22/2021 07:01 AM http://www.businesswire.com/news/home/20210222005309/en Pinterestcenter_img Pinterest Previous articleWorldwide Smart Kitchen Appliances Industry to 2028 – Impact Analysis of Drivers and Restraints – ResearchAndMarkets.comNext articleDaiichi Sankyo Appoints Ken Takeshita, MD as Global Head of R&D Digital AIM Web Support Arlington Capital Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management Facebook WhatsApp Facebooklast_img read more

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