tag:blogger.com,1999:blog-52242942203056141362023-11-15T10:33:20.520-08:00Global Private GroupGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comBlogger64125tag:blogger.com,1999:blog-5224294220305614136.post-100153790326233322017-06-29T21:23:00.001-07:002017-06-29T21:23:58.681-07:00World Bank to provide Senegal $29 million to bolster oil sectorThe World Bank will provide $29 million to help Senegal as it negotiates <a href="http://www.globalprivategroup.com">oil and gas contracts </a>with producers, it said on Wednesday.
Oil firms including BP and Total are developing previously untapped oil and gas fields off Senegal's Atlantic coast that could bring billions of dollars of profits to the impoverished country in the next decade.
But many citizens have expressed concern that a lack of transparency and the terms of recent contracts mean that the financial benefits may not filter down to the wider economy.
"Enhancing the governance of the extractive sector, strengthening the regulatory and fiscal framework and promoting greater accountability between government and citizens will be essential to ensure everyone benefits from natural resource endowments," said World Bank Country Director for Senegal Louise Cord.
It was not immediately clear where the money would go, but the World Bank said it would help the government oversee the oil and gas development and be more transparent in its negotiations.Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-66870298991880287132017-06-29T21:22:00.001-07:002017-06-29T21:22:12.282-07:00Over 200 Innovative Start-Ups in Jordan to Benefit from Early Stage Financing<a href="http://www.globalprivategroup.com">The World Bank</a> announced today a new project to promote entrepreneurship in Jordan by providing critical, <a href="http://www.globalprivategroup.com">early stage financing </a>to the small and medium enterprises (SMEs) that have proven to be the engines of job creation. The new US$50 million project aims to support over 200 innovative start-ups from across the country, with the establishment of a private sector managed funding facility.
The Innovative Startups Fund Project will help launch the “Innovative Startups and SMEs Fund” (ISSF). The US$50 million investment from the World Bank will be complemented by US$49 million in co-financing from the Central Bank of Jordan, bringing the total working capital of the ISSF to US$99 million. Along with providing early stage financing, the new Fund will encourage entrepreneurship across the country with outreach to entrepreneurs from lagging regions, underserved industries and underserved groups such as women entrepreneurs.
“Jordan’s business ecosystem is relatively well developed. There is no lack of innovative and creative ideas. However, startup creation is low due to some barriers in the business environment and access to finance”, said Kanthan Shankar, Acting Director of the World Bank Middle East Department. “This project puts in practice the very first recommendation of the Jordanian Economic Policy Council to set up a fund to facilitate financing to innovative startups and SMEs in an effort to increase the level of startups with high-growth potential.”
The Fund is expected to invest US$50 million in approximately 200 Jordanian companies and provide approximately US$3.5 million in investment support to partner investors. Investments in startups will be balanced between the three high risk enterprise stages roughly categorized as: seed; early stage; and venture capital. Investments in SMEs may be in the form of equity or quasi equity instruments. Investments will be opportunistic across all sectors, but primarily in technology, media, telecommunications, service sector with some in agribusiness, pharmaceutical, water, and green energy.
“One of the main reasons that discourages an investor from taking a stake in an early-stage company is the high transaction costs incurred to help make a young innovative company successful once it receives capital”, said Randa Akeel, Senior Financial Sector Economist and Task Team Leader. “Evidence from similar World Bank projects in the region and elsewhere has shown that private investors can be attracted to contribute capital to companies that are at an earlier stage if they can share the risk and expand their portfolio”. Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-14709828378735839952017-06-29T21:19:00.001-07:002017-06-29T21:19:55.396-07:00https://eprnews.com/artificial-intelligence-company-based-in-asia-has-raised-usd375-million-in-a-series-a-funding-arranged-by-by-global-private-group-gpg-145950/Press Release (ePRNews.com) - New York, NY - Jun 20, 2017 - Artificial intelligence Company based in Asia has raised USD375 Million in a Series A funding arranged by by <a href="http://www.globalprivategroup.com">Global Private Group </a>(GPG).
The Artificial intelligence Company will use the funding to accelerate its capabilities and invest in large‐scale projects internationally, solidifying its position as one of the largest global Artificial Intelligence companies and creating hundreds of news jobs in the high tech sector by January 2018.
Global Private Group is a significant investor in the company, part of a broader strategy of Global Private Group to grow its expertise in artificial intelligence in order to serve the needs of its diversified businesses – a strategy that took shape with the establishment of AI Global Investment Labs in 2016. AI Global Investment Labs’ main areas of focus are content, social, online games and cloud services.
AI Global Investment Labs plans to open in Japan, Korea and Singapore to expand further in the Asian market, with its first Asia office in Japan during the third quarter to target the local market. The second office will be opened later in the year in Singapore, which will also serve as a regional hub for Southeast Asia.
“Artificial Intelligence is a ‘must have’ capability for global companies,” says AI Global Investment Labs’ CEO. “Without it, they are competitively impaired if not at grave risk of being obsoleted in place. AI Global Investment Labs’ understood this, and supported us to democratize the AI firepower reserved today for only the largest of tech corporations. This historic round will help AI Global Investment Labs’ deliver profoundly powerful AI platforms for all, not just the few.”
“The most serious problems facing <a href="http://www.globalprivategroup.com">global industry</a> and government today involve too much complex and rapidly changing data for the cognitive capacity of even large numbers of human experts working together,” These groups – and the customers and citizens they serve – need intelligent systems that can work in concert with them to field that scale and complexity.
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
Source : Global Private GroupGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-51408821966375181822017-06-29T21:18:00.001-07:002017-06-29T21:18:35.424-07:00https://www.prlog.org/12647405-medium-size-solar-manufacturer-has-secured-eur139-million-in-financing-from-global-private-group.html PRLog -- Medium size Solar Manufacturer has secured EUR139 Million in financing from Global Private Group (GPG) to invest in several solar plants in the Southern Europe. This expansion brings Global Private Group's fully operational solar portfolio to over 130 MW, with a total investment to date of approximately EUR620 Million.
The <a href="http://www.globalprivategroup.com">Solar Manufacturer</a> has built and project financed several of their solar plants with Global Private Group (GPG) as the sole Lender. This latest investment underlines a successful 20 months for the Solar Manufacturer, a period in which it has constructed approximately 20 MW of solar plants, following the expansion of the team in 2012.
Southern Europe remains at least in the short term an attractive place for <a href="http://www.globalprivategroup.com">solar investment</a>, particularly in selected sectors like rooftop mounted PV plants of less than 1 MW and small size residential and commercial plants sectors in which the Solar Manufacturer is already well positioned and moving aggressively.
The CEO of the Solar Manufacturer says: "We are excited to announce the continued expansion of our business, which strengthens our regional diversification and brings our total solar developments across Europe to over 130 MW. Despite the challenging economic backdrop, we remain confident in the continued growth of our Company and look forward to reporting further substantial progress."
The CEO further says: "This latest successful financing achieved in one of the most challenging economic environments is a testament to the strength and strategy of our company. While funding across the Eurozone is becoming scarcer, we have succeeded in securing support from Global Private Group (GPG) and strong partnerships with <a href="http://www.globalprivategroup.com">Global Private Group</a> (GPG), allowing the continued growth of our solar business."
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.
Media Contact
Global Private Group
(888)-249-0213
info@globalprivategroup.comGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-61117671080934954432017-06-29T21:16:00.001-07:002017-06-29T21:16:41.391-07:00https://www.prurgent.com/2017-06-20/pressrelease428223.htm<a href="http://www.globalprivategroup.com">Global Private Group</a> has signed a deal worth Two Billion Seven Hundred Million Euros (EUR 2.7 Billion) to invest in major Iranian projects, it confirmed today.
Global Private Group plans to invest 2.7 Billion Euros in several Projects, including oil production, refinery project, and infrastructure and potentially airline in Iran, it said in a statement.
The agreement marks one of the biggest investments since a nuclear accord with world powers lifted global sanctions on Iran.
Global Private Group has been setting up proper structure during the past nine months to secure proper avenues, everything is now ready says CEO of Global Private Group.
Securing the financing through Global Private Group was "the most important and most difficult step," said the Head of Global Private Group’s Iran Investment Fund which is overseeing the investment process.
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.
<a href="http://www.globalprivategroup.com">Stable financing</a>, 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.
Contact Info
Global Private Group
Global Private Group
730 Fifth Avenue
New York, NY 10019
USA
Phone: (888)-249-0213
Website: http://www.globalprivategroup.comGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-38594053371868204962017-06-29T21:15:00.001-07:002017-06-29T21:15:06.418-07:00https://eprnews.com/global-private-group-has-completed-the-second-and-final-close-of-global-private-fund-vii-146710/Press Release (ePRNews.com) - New York, NY - Jun 21, 2017 - <a href="http://www.globalprivategroup.com">Global Private Group</a> has completed the second and final close of Global Private Fund VII. The Fund was materially oversubscribed and closed at its fund size limit with USD800 Million of total equity commitments. With debt leverage, the Fund has the capacity to acquire over USD2.7 Billion in apartment investments.
Global Private Fund VII is a fully discretionary, value-add fund that invests in high-quality, well-located multifamily properties across the Europe and UK, and leverages Global Private Group’s extensive operating platform to enhance cash flow through value-add activities. The Fund’s investor base is comprised of institutional investors from across the globe and accredited high-net-worth individuals.
The CEO of Global Private Group Real Estate Division, says: “We are grateful to our investors for their commitment to our most recent value-add fund and are very pleased with the reception that Fund VII received from our international investors. The extremely positive investor response demonstrates a high level of confidence in Global Private Group’s strategy, management team, and vertically integrated operating platform, as well as the recognition of our strong track record. We are confident that this investment opportunity will generate attractive current income and provide strong total returns for our investors.”
With the recent opening of Global Private Group’s sixth European Investment Office, Global Private Group continues the expansion of its investing capabilities and is well positioned to acquire apartment investments within its International footprint. Fund VII seeks to invest in multifamily properties in targeted major metropolitan areas across the Europe and UK with healthy fundamentals. Through renovation, enhanced operations and investing in transitioning locations, Fund VII seeks to add value and produce superior risk adjusted returns. In addition to Global Private Group’s series of value-add apartment funds, Global Private Group also invests in stabilized, core apartments through a USD1.5 Billion separate account with our German Real Estate Special Investment Fund.
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
Source : Global Private GroupGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-66514965804555937212017-06-20T22:29:00.000-07:002017-06-20T22:29:51.452-07:00Medium size Solar Manufacturer has secured EUR139 Million in financing from <a href="http://www.globalprivategroup.com">Global Private Group</a> (GPG) to invest in several solar plants in the Southern Europe. This expansion brings Global Private Group’s fully operational <a href="http://www.globalprivategroup.com">solar portfolio</a> to over 130 MW, with a total investment to date of approximately EUR620 Million.
The Solar Manufacturer has built and project financed several of their solar plants with Global Private Group (GPG) as the sole Lender. This latest investment underlines a successful 20 months for the Solar Manufacturer, a period in which it has constructed approximately 20 MW of solar plants, following the expansion of the team in 2012.
Southern Europe remains at least in the short term an attractive place for solar investment, particularly in selected sectors like rooftop mounted PV plants of less than 1 MW and small size residential and commercial plants sectors in which the Solar Manufacturer is already well positioned and moving aggressively.
The CEO of the Solar Manufacturer says: "We are excited to announce the continued expansion of our business, which strengthens our regional diversification and brings our total solar developments across Europe to over 130 MW. Despite the challenging economic backdrop, we remain confident in the continued growth of our Company and look forward to reporting further substantial progress."
The CEO further says: "This latest successful financing achieved in one of the most challenging economic environments is a testament to the strength and strategy of our company. While funding across the Eurozone is becoming scarcer, we have succeeded in securing support from Global Private Group (GPG) and strong partnerships with Global Private Group (GPG), allowing the continued growth of our solar business."
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 <a href="http://www.globalprivategroup.com">financing</a>, 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.
GLOBAL PRIVATE GROUP
info@globalprivategroup.com
(888)-249-0213
http://globalprivategroup.com
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-34503762077911636912017-05-23T00:02:00.001-07:002017-05-23T00:02:23.675-07:00Global 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 Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-53400005256967244542017-05-22T23:59:00.001-07:002017-05-22T23:59:51.586-07:00Global 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.”
“<a href="http://www.globalprivategroup.com">Global Private Group</a> 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 Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-30262305255671283222017-05-22T23:57:00.000-07:002017-05-22T23:57:04.415-07:00Global 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, <a href="http://www.globalprivategroup.com">Global Private Group </a>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.
<a href="http://www.globalprivategroup.com"> The Biopharmaceutical Company</a> 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."
<a href="http://www.globalprivategroup.com">Global Private Group</a> 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
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-79653365824351954822017-05-21T15:14:00.001-07:002017-05-21T15:14:46.686-07:00World Bank predicts 2.7% global economic growth in 2017Growth acceleration
For <a href="http://www.globalprivategroup.com">emerging market and developing economies</a>, 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 <a href="http://www.globalprivategroup.com">Bank </a>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.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-87931062163740640402017-05-21T15:11:00.001-07:002017-05-21T15:11:55.217-07:00In Rural Bangladesh, Solar Power Dents PovertyKAKHIN 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 <a href="http://www.globalprivategroup.com">electrical grid</a>, 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.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-81202174974093900452017-05-20T15:45:00.001-07:002017-05-20T15:45:42.710-07:00http://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.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-68071719339909713362017-05-20T15:44:00.002-07:002017-05-20T15:44:57.043-07:00http://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 Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-42243712584237304792017-05-20T15:43:00.002-07:002017-05-20T15:43:39.003-07:00Global Private Group has closed a USD300 million senior secured revolving credit facilityhttp://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 Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-12320225168434237512017-05-20T15:42:00.002-07:002017-05-20T15:42:43.356-07:00Global Private Group has served as lead placement agent for Direct Client Credit Providerhttp://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 GroupGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-58279834549243255092017-05-20T15:41:00.002-07:002017-05-20T15:41:25.533-07:00Global Private Group has advised Biopharmaceutical Company on the raising of EUR 270 million through a placing of new shareshttp://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 Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-42498506578564167162017-05-20T15:39:00.002-07:002017-05-20T15:39:37.517-07:00Global Private Group has provided a GBP 254 Million debt facility to a leading management firmhttp://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 GroupGlobal Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-38289879175177988402017-05-20T15:38:00.000-07:002017-05-20T15:38:11.612-07:00Global Private Group has announced the final closing of Energy Fund IV (EF) with over USD2.4 Billion of capital commitmentshttp://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
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Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-83061318228560228282017-05-20T15:36:00.003-07:002017-05-20T15:36:27.683-07:00Global Private Group is one of the largest and most experienced project finance groups in the world http://eprnews.com/business/global-private-group/
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-31846050050536838142017-05-06T13:02:00.001-07:002017-05-06T13:02:11.945-07:00Opening 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 <a href="http://www.globalprivategroup.com">global economy</a> is high on the agenda.
We are encouraged to see stronger economic prospects after years of disappointing <a href="http://www.globalprivategroup.com">global growth</a>. 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.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-71720587023857140222017-05-06T13:00:00.000-07:002017-05-06T13:00:11.018-07:00Competitiveness of South Asia’s Container PortsSouth Asia has had outstanding <a href="http://www.globalprivategroup.com">economic growth</a> in the last two decades and could grab a bigger share of <a href="http://www.globalprivategroup.com">international trade</a>, 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.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-76692185205203202132017-04-28T00:49:00.002-07:002017-04-28T00:49:46.566-07:00The World Bank and International Monetary Fund Spring MeetingsThe World Bank and International <a href="http://www.globalprivategroup.com">Monetary Fund</a> Spring Meetings wrapped up this weekend after days of high-level panels, crowded elevators, closed-door meetings and corridor dealmaking.
The events marked an inflection point for the world’s largest development bank, which has moved forward from a tumultuous internal reorganization but now faces the uncertainty of an international political arena in flux. The values and priorities guiding multilateral cooperation are open for negotiation in a way not seen for the past 70 years.
From the vantage point of the World Bank’s atrium, the spring meetings can feel like an open house, with finance ministers, celebrities, politicians and reporters shuttling from building to building and session to session. But over the course of the week, common themes tend to stand out from the crowd, and this year one of them was the role of the World Bank and its peer institutions in managing the various forms of risk that characterize — and challenge — global development today.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-34117094149340837622017-04-26T14:11:00.000-07:002017-04-26T14:11:08.232-07:00World Bank forecast sees minerals jump 16% in 2017The World Bank is forecasting higher prices for <a href="http://www.globalprivategroup.com">industrial commodities</a>, principally energy and metals, in 2017 and next year.
The World Bank in its April Commodity Markets Outlook is holding steady its crude oil price forecast for this year at US$55 per barrel, increasing to an average of US$60 per barrel in 2018.
Rising oil prices, supported by production cutbacks by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC states, will allow markets to gradually rebalance. These oil price forecasts are subject to downside risks should the rebound in the U.S. shale oil industry be greater than expected.
Prices for energy commodities, which also include natural gas and coal, are projected to jump 26% this year and 8% in 2018. In line with oil price forecasts, natural gas is anticipated to gain 15% this year, led by a jump in U.S. prices. Coal is seen climbing 6% in 2017, due to earlier supply restrictions in China, which consumes half the world’s coal output.
Prices for <a href="http://www.globalprivategroup.com">non-energy commodities</a>, which include agriculture, fertilizers, and metals and minerals, are forecast to increase in 2017, the first rise in five years. Metals prices are projected to jump 16% this year due to strong demand, especially from China, and supply constraints, including mine disruptions in Chile, Indonesia and Peru.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.comtag:blogger.com,1999:blog-5224294220305614136.post-49466804872824885622017-04-26T14:09:00.000-07:002017-04-26T14:09:33.012-07:00World Bank reaffirms commitment to Nigeria’s power sector recovery planThe World Bank Group has reaffirmed its commitment to support the implementation of the Government’s <a href="http://www.globalprivategroup.com">power sector </a>Recovery Plan to re-establish financial sustainability in Nigeria power sector.
Rachid Benmessaoud, World Bank Country Director for Nigeria disclosed this in a consultation meeting with the Federal government of Nigeria, stating that the World bank is committed to provide support for the implementation of the Government’s power Sector Recovery Program which was approved by the Federal Executive Council of Nigeria on March.
“The World Bank Group is committed to supporting the implementation of the Government’s Power Sector Recovery Program to re-establish financial sustainability in the power sector” a press statement released in Abuja by the senior communications officer, from the Wolrd Bank Nigeria office, Olufunke Olofun, quoted Benmessaoud as saying.
The power sector recovery plan which was approved in March this year, comprises of pet policy actions, operational and <a href="http://www.globalprivategroup.com">financial</a> interventions that needs to be carried out by the government to improve transparency service delivery, performance of DISCOS, transmission company and the entire value chain in order to create a more viable power sector that is private sector driven.
Global Private Grouphttp://www.blogger.com/profile/12583368340693520784noreply@blogger.com