Investment Types: Hedge Funds

Mutual Fund Holders of COFINA Debt Disclose Proposed Senior-Subordinated Bond Split

NEW YORK & SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Certain mutual funds and institutions, including OppenheimerFunds, the First Puerto Rico Family of Funds, and the UBS Family of Funds, who are original par holders of Puerto Rico’s COFINA bonds, released the below statement today regarding a proposal made by them, GSAM, and GoldenTree Asset Management, as collective holders of over $4 billion of COFINA bonds, on June 19, 2018 to certain hedge fund investors and monoline insurers that hold COFINA...

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Joseph M. Langmead, CPA, STD, Presented with the Albert Nelson Marquis Lifetime Achievement Award by Marquis Who's Who

    BALTIMORE, MD, June 29, 2018 -- Marquis Who's Who, the world's premier publisher of biographical profiles, is proud to present Joseph M. Langmead, CPA, STD, with the Albert Nelson Marquis Lifetime Achievement Award. An accomplished listee, Dr. Langmead celebrates many years' experience in his professional network, and has been noted for achievements, leadership qualities, and the credentials and successes he has accrued in his field and in a range of volunteer...

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IEC Foundation Awards Grants to Support Electrical Apprentices

Press Release - updated: Jun 29, 2018 09:29 EDT ALEXANDRIA, Va., June 29, 2018 - The Independent Electrical Contractors Foundation (IEC Foundation) recently awarded grants to support the future growth and training of electrical apprentices. These grant programs include the Equipment Grant and The Home Depot ProXtra Grant. The Equipment Grant secures its corporate donations of materials and equipment used to update student labs in IEC chapter campuses through the Foundation's...

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Kingdom Trust Solidifies Foundation for Qualified Custody of Digital Assets

Download the new white paper today! [A]sk your advisor, exchange, or security provider if they utilize the services of an unrelated qualified custodian to safekeep your assets. SIOUX FALLS, S.D. June 29, 2018 A leader in alternative asset investing and institutional custody services, Kingdom Trust recently released a new white paper on qualified custody of digital assets. Known for their flexible and creative solutions to the needs of their clients, this white paper illustrates Kingdom...

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Authorization granted to a Director to sell shares of Ecopetrol S.A.

BOGOTÁ, Colombia, June 28, 2018 -- Ecopetrol S.A (BVC: ECOPETROL; NYSE: EC) reports that its Board of Directors has unanimously authorized Company Director Dr. Héctor Manosalva Rojas to sell 49,380 of his shares in Ecopetrol S.A. This transaction was authorized under Article 404 of the Colombian Commercial Code [Código de Comercio]. This release contains statements that may be considered forward looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933...

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The Stars Group Announces Upsizing and Pricing of Private Offering of $1.0 Billion of Unsecured Senior Notes

TORONTO, June 28, 2018 - The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) ("The Stars Group" or the "Company") announced today the upsizing and pricing by Stars Group Holdings B.V. and Stars Group (US) Co-Borrower, LLC (the "Issuers"), its indirect wholly-owned subsidiaries, of $1.0 billion aggregate principal amount of unsecured senior notes (the "Notes Offering"), which represents an increase of $250 million from the previously announced offering size.  The notes will be issued at par, bear...

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Ecopetrol files a Collective Labor Agreement Claim

BOGOTÁ, Colombia, June 28, 2018 -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that it filed a collective labor agreement claim with the Ministry of Labor. As prescribed by law, signatories of collective labor agreements are authorized to state their intentions to amend them through a claim and, if petitions are filed by the unions, the company, in this case Ecopetrol S.A., and the union organizations would have to initiate negotiations for a new collective labor agreement. The collective...

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Enbridge's Line 3 Replacement Project Approved by Minnesota Public Utilities Commission

CALGARY, June 28, 2018 - Enbridge Inc. (TSX: ENB) (NYSE: ENB), Enbridge Energy Partners, L.P. (NYSE: EEP) and Enbridge Income Fund Holdings Inc. (TSX: ENF) (collectively referred to as Enbridge) announced today that the Line 3 Replacement Project has been approved by the Minnesota Public Utilities Commission (PUC). The PUC granted Enbridge a Certificate of Need for the project and approved Enbridge's preferred route with minor modifications and certain conditions. Commenting on the PUC...

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Waterous Energy Fund Closes First Fund at Hard Cap of $1.4 Billion

CALGARY, June 28, 2018 - Waterous Energy Fund ("WEF") today announced the final closing of its first fund, Waterous Energy Fund, L.P. (the "Fund"), exceeding its original target of $1.0 billion and hitting the Fund's hard cap of approximately $1.4 billion. Adam Waterous, CEO, said: "We sincerely appreciate the confidence that our investors have shown in our team and our existing portfolio. We are thrilled to be partners with a select group of institutional investors with extensive experience...

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First Bauxite Corporation Announces Further Extension of Maturity Date of Notes

NEW ORLEANS, June 28, 2018 -- First Bauxite Corporation (“First Bauxite” or the “Company”) (TSX-V:FBX) (FRANKFURT:FBI) (BERLIN:FBI) is pleased to announce that, further to the news release dated August 1, 2017 and subject to final TSX Venture Exchange acceptance, it has entered into an extension agreement with its noteholders to further extend from June 30, 2018 to December 31, 2018 the maturity date of all of the outstanding secured convertible notes (the “Notes”) which are now held...

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Kayne Anderson Energy Development Company Announces Distribution of $0.40 per Share for Q2 2018

HOUSTON, June 28, 2018 -- Kayne Anderson Energy Development Company (the “Company”) (NYSE:KED) announced today its quarterly distribution of $0.40 per share for the quarter ended May 31, 2018. The distribution will be payable on July 13, 2018 to common stockholders of record on July 9, 2018, with an ex-dividend date of July 6, 2018.The Company estimates that 100% of this distribution will be treated as a return of capital for tax purposes. This estimate is based on the Company’s anticipated...

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Kayne Anderson Energy Total Return Fund Announces Distribution of $0.25 per Share for Q2 2018

HOUSTON, June 28, 2018 -- Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) (NYSE:KYE) announced today its quarterly distribution of $0.25 per share for the quarter ended May 31, 2018. The distribution will be payable on July 13, 2018 to common stockholders of record on July 9, 2018, with an ex-dividend date of July 6, 2018.The Fund estimates that 100% of this distribution will be treated as a return of capital for tax purposes. This estimate is based on the Fund’s anticipated earnings...

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Kayne Anderson Midstream/Energy Fund Announces Distribution of $0.30 per Share for Q2 2018

HOUSTON, June 28, 2018 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE:KMF) announced today its quarterly distribution of $0.30 per share for the quarter ended May 31, 2018. The distribution will be payable on July 13, 2018 to common stockholders of record on July 9, 2018, with an ex-dividend date of July 6, 2018.The Fund estimates that 100% of this distribution will be treated as a return of capital for tax purposes. This estimate is based on the Fund’s anticipated earnings...

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Elemental LED Lends Helping Hand to Local Charity

Elemental LED Lends Helping Hand to Local Charity "No one was left hungry at this event and we couldn't have done it without their help." Said Benjamin Castro, Executive Director of RISE. RENO, Nev. June 28, 2018 Elemental LED, a leading U.S. based engineering and technology company that manufactures LED lighting solutions participated in a Reno charity event with the organization RISE (Reno Initiative for Shelter & Equality). Elemental LED participated with the RISE and Dine project,...

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World-Renowned Lawyer Announces Establishment of Own Blockchain-Focused Firm

NEW YORK June 28, 2018 Globally recognized attorney, Joshua Ashley Klayman, announces the launch of Klayman LLC, a New York-based boutique law firm, to provide legal services in the blockchain, smart contracts and digital token spaces. Klayman LLC is the sister company of Inflection Point Blockchain Advisors, LLC, a boutique blockchain strategy consulting and advisory firm also founded by Ms. Klayman. Klayman LLC will focus on the complex and seemingly ever-changing legal landscape of blockchain....

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1855 Capital Leads Investment Round in Crowdfunding Start-up Pledge It

STATE COLLEGE, Pa. June 28, 2018 1855 Capital, a new venture fund headquartered in State College, Pennsylvania, announced today that it completed an investment in Pledge It, a sport-based crowdfunding platform founded by a group of Penn State Alumni. This is the first investment completed by 1855 Capital that was founded on the mission of “Investing in the Penn State Community”. 1855 Capital acted as the lead in Pledge It’s investment round which completed its first close with a total of...

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