Global Private Group, a private equity and project finance firm focused on worldwide investments, has made a USD 56 million investment to take a majority stake in a Central American corporate and personal fleet management company. Global Private Group, a private equity and project finance firm focused on worldwide investments, has made a USD 56 million investment to take a majority stake in a Central American corporate and personal fleet management company. Global Private Group, a private equity and project finance firm focused on worldwide investments, has made a USD 56 million investment to take a majority stake in a Central American corporate and personal fleet management company. Global Private Group has made a USD 56 million investment to take a majority stake in a Central American corporate and personal fleet management company.

Global Private Group, a private equity and project finance firm focused on worldwide investments, has made a USD 56 million investment to take a majority stake in a Central American corporate and personal fleet management company. The car rental sector in Central America grew by 19% in 2015 to USD3.1 billion, and has grown at a compound annual growth rate of 11% since 2003, according to the ABLA, the Brazilian Car Rental Association.
 
Partner of Global Private Group says: “As automobile penetration grows in Central America, we identified corporate fleet management as the more scalable business model within the car rental sector. The fleet management company, with its demonstrated record of growth and excellent customer service is the ideal company for our investment into this burgeoning sector. The company boasts a lean business model and is prudently leveraged, ensuring that our capital injection is used for growth instead of paying down debt.” Founded in 2008, the fleet management company currently operates a fleet of around 3,400 vehicles and focuses on the high growth, high margin, corporate fleet management market. The company expects to increase EBITDA by 80% in 2017 in comparison to 2016. 
 



Global Private Group, a private equity and project finance firm, has refinanced the debt of a Luxembourg based commercial asset management firm to the tune of EUR 251 million.

The commercial asset management firm has currently a strong mix of corporate tenants including leading accounting firm, major law firms and airline headquarters. One of the buildings is currently going through an active leasing process with over 10,000 sq m available to let; new tenants are expected to be secured, returning the asset to full occupancy, by the end of the year. Comprising a total area of over 48,000 sq m, the office building is located just South of Luxembourg City, offering easy access to international motor routes connecting to France, Belgium and Germany. Both the city centre and the airport are less than 10 minutes from the property by car. Constructed in 2006, the building achieved a ‘Very Good’ certification for asset and building management in 2014. Chief executive officer of the Company says: “We are delighted to have successfully refinanced this prime office building with Global Private Group. This transaction provides our firm with funding diversification as well as the potential for future financing with Global Private Group. Our Firm has been active in the Benelux region, which remains a target market for the group, for over 14 years.” “Global Private Group is extremely pleased to be working with the commercial asset management firm on refinancing this high-quality office building in Luxembourg. We see strong value in the asset and fully support the management team in their strategy to lease the available space in the property.”

Global Private Group has invested in Biopharmaceutical Company dedicated to the development of enzyme replacement therapies (ERT) to treat lysosomal storage diseases, a class of more than forty rare inherited diseases

(1888PressRelease) May 22, 2017 - Series D financing round for the company raised USD 49.5M, Global Private Group was the sole arranger. The current fund will enable Biopharmaceutical Company to advance its lead ERT treatment for Pompe disease from preclinical stages through to the end of phase I/II, as well as further preclinical development of other ERTs. Pompe disease (also called Glycogen storage disease type II or acid maltase deficiency) is a rare, serious disease in which acid alpha-glucosidase enzyme deficiency leads to glycogen accumulation and muscle and nerve cells damage. If untreated, the infantile form is fatal - often before one year of age - due to cardiorespiratory failure. The Biopharmaceutical Company has developed a proprietary platform for the production of therapeutic proteins with homogenous, human sugar structures using the yeast Yarrowia lipolytica. Based on this platform, The Biopharmaceutical Company can produce human lysosomal enzymes with 3-15 times the amount of mannose 6-phosphate, the essential targeting sugar structure which facilitates effective enzyme uptake and localization, obtained in current commercial processes. The substantial enhanced levels of the natural targeting mechanism can deliver more than a 20-fold improvement in cellular uptake without altering the naturally occurring protein enzyme. Based on experience at 1,000 litre scale with its simple batch production process, The Biopharmaceutical Company believes that it can scale production up to 100,000 litres if necessary - dramatically altering the production economics of these products. Due to its proven versatility the Y. lipolytica platform not only enables robust and consistent production of lysosomal enzymes but also of a range of other human glycoproteins, including antibodies. CEO of The Biopharmaceutical Company says: "We are pleased to have Global Private Group join existing investor New Science Ventures. Global Private Group's reputation as respected, experienced investors will provide us with the support necessary to advance our exciting pipeline towards the clinic. The Biopharmaceutical Company is now well positioned to progress our research into clinical trials in Pompe disease in order to explore the potential benefits of our technology in people with this debilitating and potentially fatal disorder." Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals' industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. http://www.globalprivategroup.com

World Bank predicts 2.7% global economic growth in 2017

Growth acceleration For emerging market and developing economies, the rise in interest rates in the US and the strengthening dollar also led to a "notable tightening of financing conditions" - which means credit that is either more expensive or harder to get. But the Bank still expects growth to accelerate in these countries, partly due to higher commodity prices, such as oil and metals, which many of them export. The Bank's economists also expect the slowdown in two large emerging economies, Brazil and Russia, to come to an end. For the developed economies the Bank forecasts continued weak growth of around 1.8%. That would be slightly better than 2016, but still slow compared to the period before the crisis. Uncertainty about future policies has increased following the British referendum on the European Union and, potentially especially significant for the global economy, Donald Trump's victory in the US Presidential election. The report includes an analysis of why the US matters so much to the rest of the world in terms of extensive trade and financial links. It notes that there is a great deal of uncertainty about just what policies Mr Trump's administration will pursue in office.

In Rural Bangladesh, Solar Power Dents Poverty

KAKHIN BIMILE, Bangladesh — Kismat Ali is a 33-year-old mason living in Kakhin Bimile, a village a few hours drive from Dhaka, Bangladesh’s crowded capital. He lives in a large brick home on a dirt road with his wife, son, parents and five brothers. This semirural area is off the main electrical grid, so residents rely on kerosene lamps and electricity from wires strung across the village to a noisy privately owned diesel generator. It runs about five hours each night. But Mr. Ali has a new source of electricity he can turn to: solar panels on his corrugated metal roof. In his home, he flicks a light switch and a bare bulb glows from the ceiling. Mr. Ali proudly switches on a fan that stirs the stultifying summer air. He says he wants to have a television one day, but is waiting for an LED TV that would consume less energy than models available now.

http://www.military-technologies.net/2017/04/13/global-private-group-successfully-agented-and-syndicated-over-usd2-billion-in-30-deals/

Global Private Group successfully agented and syndicated over USD2 billion in 30 deals. Global Private Group stands among a limited number of upper market lenders who have the ability to loan up to USD25 Billion and underwrite and syndicate transactions up to USD50 Billion, providing a unique competitive advantage.

http://rezul.com/news/10330498

Global Private Group has advised Biopharmaceutical Company on the raising of EUR 270 million through a placing of new shares Global Private Group acted as reporting accountant on the fund raising, and sole arranger. NEW YORK - May 2, 2017 - Rezul -- Global Private Group has advised Biopharmaceutical Company on the raising of EUR 270 million through a placing of new shares. Global Private Group acted as reporting accountant on the fund raising, and sole arranger. The Biopharmaceutical Company is a life sciences company providing services and technologies enabling the development and manufacture of biopharmaceutical products. Since its admission the business has grown significantly organically and via acquisition in both the Europe and US. The Biopharmaceutical Company intends to use the proceeds from the placing to acquire a Chemistry Research Solutions Company, a specialist contract chemistry and bio-conjugation company with operations in Europe and US, and to back further research and development work.

Global Private Group has closed a USD300 million senior secured revolving credit facility

http://eprnews.com/global-private-group-has-closed-a-usd300-million-senior-secured-revolving-credit-facility-115469/ Press Release (ePRNews.com) - NEW YORK - Apr 26, 2017 - Global Private Group has closed a USD300 million senior secured revolving credit for Industrial Services Firm, a longtime client of Global Private Group. Global Private Group led the syndication as sole lead arranger, and Global Private Group is serving as administrative agent. The Industrial Services Firm provides a suite of special industrial services including scaffolding, coatings and linings, refractory, fireproofing and insulation to critical infrastructure. The Company serves the petrochemical, agricultural chemical, refinery, power generation, offshore energy and general industrial markets. The Industrial Services Firm will use the funds, in part, for acquisitions, to refinance existing credit facilities, and to provide for ongoing working capital needs, including capital expenditures. The deal also includes additional capital markets and treasury management products. Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals’ industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. Visit http://www.globalprivategroup.com for details.

Global Private Group has served as lead placement agent for Direct Client Credit Provider

http://eprnews.com/global-private-group-has-served-as-lead-placement-agent-for-direct-client-credit-provider-117018/ Press Release (ePRNews.com) - NEW YORK - Apr 28, 2017 - Global Private Group has served as lead placement agent for Direct Client Credit Provider, which held a final close of approximately USD740 million. The Direct Client Credit Provider, part of the Global Private Group Portfolio Advisors direct investing platform, is run by the credit investment team, and will primarily invest in direct junior debt instruments, with equity participation. It will provide capital to financial sponsors that are conducting leveraged buyouts, growth financing or recapitalization transactions for Global middle market companies. “The successful closing demonstrates the strong demand from traditional institutional investors as well as high net worth individuals for capable, experienced, and historically successful managers of middle market credit.” “The strategy is geared for success, particularly due to tailwinds coming from the rising interest rate environment.” Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals’ industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. Visit http://www.globalprivategroup.com for details. Business Info : Global Private Group

Global Private Group has advised Biopharmaceutical Company on the raising of EUR 270 million through a placing of new shares

http://eprnews.com/global-private-group-has-advised-biopharmaceutical-company-on-the-raising-of-eur-270-million-through-a-placing-of-new-shares-118417/ Press Release (ePRNews.com) - NEW YORK - May 02, 2017 - Global Private Group has advised Biopharmaceutical Companyon the raising of EUR 270 million through a placing of new shares. Global Private Group acted as reporting accountant on the fund raising, and sole arranger. The Biopharmaceutical Company is a life sciences company providing services and technologies enabling the development and manufacture of biopharmaceutical products. Since its admission the business has grown significantly organically and via acquisition in both the Europe and US. The Biopharmaceutical Company intends to use the proceeds from the placing to acquire a Chemistry Research Solutions Company, a specialist contract chemistry and bio-conjugation company with operations in Europe and US, and to back further research and development work. The Biopharmaceutical Company says: “We were very pleased with the way the Global Private Group’s Corporate Finance team pragmatically managed this piece of work, complementing their audit team who were assisting with our half year results announced on the same day. Its tax team also provided advice on the process, the acquisition and ongoing actions.” The Head of Corporate Finance at Global Private Group adds: “We are delighted to have advised The Biopharmaceutical Company on its recent placing and wish them every success with the acquisition and its growing business presence.” Visit http://www.globalprivategroup.com for details.

Global Private Group has provided a GBP 254 Million debt facility to a leading management firm

http://eprnews.com/global-private-group-has-provided-a-gbp-254-million-debt-facility-to-a-leading-management-firm-122533/ Press Release (ePRNews.com) - NEW YORK - May 09, 2017 - Global Private Group has provided a GBP 254 Million debt facility to a leading management firm in industrial businesses and properties. The four year loan facility will enable the management firm to co-invest in the Global Private Group Capital Fund IIII. A second close is planned for later in the year. This will allow the management firm to pursue the strong pipeline of deal opportunities it continues to build. Headquartered in Paris and with offices in China, the management firm was founded in 1985 and now incorporates 71 companies operating in a total of 32 countries, employing approximately 6,000 staff. Global Private Group says: “The management firm has a fantastic track-record of growing companies and exiting investments, or parts of them, at the optimal stage in their life cycle. Our loan facility will enable the management firm to personally invest more in their core business which not only leads to a stronger alignment with their investors but also helps them to benefit from their performance. This transaction highlights our flexible funding solutions and the innovative approach we offer to the investment community”. CEO of the management firm says: “Global Private Group team has a real understanding of the requirements of our business and the structures that we are subject to. We have been impressed by Global Private Group‘s commitment to backing our expansion plans and developing innovative financing solutions.” Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals’ industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. Visit http://www.globalprivategroup.com for details. Business Info : Global Private Group

Global Private Group has announced the final closing of Energy Fund IV (EF) with over USD2.4 Billion of capital commitments

http://eprnews.com/global-private-group-has-announced-the-final-closing-of-energy-fund-iv-ef-with-over-usd2-4-billion-of-capital-commitments-123783/ Press Release (ePRNews.com) - New York - May 10, 2017 - Global Private Group has announced the final closing of Energy Fund IV (EF) with over USD2.4 Billion of capital commitments. The Fund received tremendous support from a broad group of leading institutional investors across the Canada, Europe, and Asia. “Global Private Group’s leading position as a source of private equity capital in the power sector, its 34 year proven track record, and focused investment strategy on electricity generation and transmission were important differentiating factors. Investors in the Fund appreciated the profile of cash flows that power assets under Global Private Group’s ownership can consistently produce.” “Leveraging Global Private Group’s deep market knowledge, efficient execution capability, and bespoke project management support allowed us to effectively articulate our message to a broad platform. We expanded our strong base of investors, while maintaining our focus on managing our portfolio of assets and making new investments in the Fund.” Global Private Group is one of the first private equity fund manager dedicated exclusively to the independent power and electric utility industry. Global Private Group’s funds have made over 100 diversified investments that have a combined underlying asset value greater than USD13 billion. Global Private Group has over 3,675 megawatts (MW) of capacity in operation and under construction, as well as an additional 2,875 MW under development. Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals’ industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. Media Contact: GLOBAL PRIVATE GROUP info@globalprivategroup.com (888)-249-0213 http://globalprivategroup.com

Global Private Group is one of the largest and most experienced project finance groups in the world

http://eprnews.com/business/global-private-group/

Opening Remarks by World Bank Group President

Welcome to the 2017 World Bank Group/IMF Spring Meetings. I’ll say a few words on what I’ll be discussing with our shareholders this week, and then we’ll take your questions. As always, the global economy is high on the agenda. We are encouraged to see stronger economic prospects after years of disappointing global growth. There are still many downside risks, however, and countries that have the fiscal space need to continue with structural reforms. This is vital to accelerating the sustainable and inclusive economic growth needed to end extreme poverty by 2030. We’re meeting at a time when we face several overlapping crises, both natural and man-made, all of which add urgency to our mission. You and your colleagues have been reporting on them every day: •Conflict; •Climate shocks; •The worst refugee crisis since World War II; and •Famine in parts of East Africa and Yemen, which the UN has called the worst in 70 years. With the famine in particular, the world was caught unprepared. Too often, we forget about crises as soon as they abate – leading to a cycle of panic and neglect. We’re already working with the affected countries and partners to respond to the famine – and we will use every tool we have, financial and advisory, to prevent famine in the future. On Saturday, I will convene a meeting co-chaired with the United Nations-Secretary General to ensure a coordinated, effective, and well-resourced response. In addition to fragility, accelerations in technology are changing the landscape. We estimate that two-thirds of all jobs that currently exist in developing countries will be wiped out by automation.

Competitiveness of South Asia’s Container Ports

South Asia has had outstanding economic growth in the last two decades and could grab a bigger share of international trade, but inefficiencies in its ports threaten to hinder progress and stop it from matching other regions like East Asia, a new World Bank report shows. While some South Asian countries took great strides to improve performance at container ports amid a worldwide boom in sea-borne trade, the region as a whole has lagged and its ports are seen as expensive and slow, the report said. The comprehensive World Bank study of the status, structure and deficiencies of the region’s container ports found that if ports in Bangladesh, India and Pakistan had been as efficient as those of Sri Lanka it could have cut shipping costs by up to nearly 9 percent, boosting the value of the region’s exports by up to 7 percent. As China is shifting out of labor-intensive sectors such as apparel, South Asia has the potential to capture a growing share of the global market. This may in turn attract more foreign direct investment, increase trade and create new jobs for South Asia’s growing labor force. "But tapping into these opportunities will require removing bottlenecks in transport logistics, last mile connectivity, and ports in particular, to reduce the high logistics costs in the region” said Jose Luis Irigoyen, Senior Director, Transport and ICT Global Practice at the World Bank.