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Ducera Partners
Ducera Partners (Ducera) is an American boutique investment bank that has a focus on advising companies regarding restructuring matters. Through its affiliate partners, it is also involved with wealth management and growth capital. Headquartered in New York, it has additional offices in Los Angeles, San Francisco and Stamford. Background Origins at Perella Weinberg Partners Michael Kramer, Derron Slonecker, Joshua Scherer and Adam Verost were all bankers who worked in the restructuring group of Perella Weinberg Partners (PWP). They became acquainted when they worked together at Houlihan Lokey in the past. Kramer joined PWP in 2007 after his restructuring firm, Kramer Capital Partners was acquired by it to build its restructuring practice. He was named founding head of PWP's restructuring group and was given a seat on the management committee. By 2014, Kramer was dissatisfied with his treatment by PWP and felt he was not fairly given a leadership role despite the business h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidents' Day
Presidents' Day, also called Washington's Birthday at the federal governmental level, is a holiday in the United States celebrated on the third Monday of February to honor all persons who served as presidents of the United States and, since 1879, has been the federal holiday honoring George Washington, who led the Continental Army to victory in the American Revolutionary War, presided at the Constitutional Convention of 1787, and was the first U.S. president. The day is an official state holiday in most states, with names including Washington's Birthday, Presidents' Day, President's Day, Presidents Day, and Washington's and Lincoln's Birthday. The various states use 15 different names. Depending upon the specific law, the state holiday may officially celebrate Washington alone, Washington and Lincoln, or some other combination of U.S. presidents (such as Washington and Thomas Jefferson, who was born in April). Washington's Birthday was celebrated on February 22 from 1879 until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yellow Corporation
Yellow Corporation is an American transportation holding company headquartered in Overland Park, Kansas. Its subsidiaries include national less than truckload (LTL) carrier YRC Freight, regional LTL carriers New Penn, Holland and Reddaway and freight brokerage HNRY Logistics. From 2006 to February 2021, Yellow was known as YRC Worldwide. History Foundation and early history In 1906, Grover Cleveland “Cleve” Harrell (1884–1942) started what was to become the Yellow Cab Company with a horse-drawn hack and a team of horses in Oklahoma City. After a year, he bought a Model T Ford. People were willing to pay more to ride in an automobile. After World War I, he bought two more cars and hired a relief driver. In 1918, Harrell painted one of his cars yellow. Although ridiculed by other cab drivers, he was hauling more passengers than anyone else, so he painted all his cars yellow and business boomed. Harrell trademarked the name Yellow Cab in Oklahoma. Later, John Hert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rue21
New rue21, LLC (rue21) is an American specialty retailer of women's & men's casual apparel and accessories headquartered in the Pittsburgh suburb of Warrendale, Pennsylvania. Its clothes are designed to appeal to people who desire, wish, or feel to be 21. In 2013, Apax Partners, a global private-equity firm, acquired the company by funds advised for $42.00 per share in cash. rue21 filed for Chapter 11 bankruptcy protection on May 16, 2017, and emerged on September 22, 2017, after the company's reorganization plan was confirmed by the U.S. Bankruptcy Court for the Western District of Pennsylvania. New owners include hedge funds BlueMountain Capital Management, Southpaw Asset Management and Pentwater Capital Management. History In February 2002, Pennsylvania Fashions Inc., filed for Chapter 11 bankruptcy protection. It was then that SKM emerged as the majority stakeholder three years after Cary Klein sold a 50% stake to the Stamford, Connecticut-based investment firm. At the time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Currency Group
Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has five subsidiaries which are ''CoinDesk'', Foundry, Genesis, Grayscale Investments, and Luno. History Digital Currency Group was launched in 2015 by Barry Silbert, a graduate of Emory University who previously was CEO of SecondMarket, Inc. He began investing in blockchain technology companies in 2013. Shortly after SecondMarket’s sale, Silbert formed Digital Currency Group, with Genesis and Grayscale becoming the first of the company’s subsidiaries. In November 2021, the firm announced it would relocate its Manhattan headquarters to Stamford, Connecticut. The governor of Connecticut at the time, Ned Lamont, provided financial incentives for the company to relocate to Stamford, including a $5 million grant from the state government if Digital Currency Group created at least 300 full-time jobs in the state. As of November ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colt Defense
Colt Defense LLC, together with its subsidiaries, is an American designer, developer and manufacturer of small arms weapons systems for individual soldiers and law enforcement personnel. It is headquartered in West Hartford, Connecticut. The company traces its portfolio of products and services back to Colt Firearms, Colt's Manufacturing Company and prior to that to Colt's Patent Firearms Manufacturing Company. The company and its predecessors have supplied small arms weapons systems to the United States Government and other governments throughout the world since the Mexican–American War of 1847. In its 2002 reorganization, Colt's Manufacturing Company, Inc. split off Colt Defense to supply military, law enforcement and security markets. Sales to the U.S. Government (including U.S. Government sales to foreign governments) accounted for 57% of net sales in 2010 and 33% of net sales through the first three quarters of 2011, the change being a result of both reduced purchases of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Point Capital
Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mulé and Robert J. O’Shea. Together, they created and led Goldman's distressed debt and special situation lending businesses before leaving to create Silver Point. Mulé headed or co-headed Goldman's Special Situations Investing Business from 1999 to 2001. In 2014, Silver Point ranked No. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The fund received the highest scores of all hedge funds in Alpha Generation, Alignment of Interests, and Transparency. In 2021, the company reported to manage approximately $15 billion in assets. Investment strategy Debt investments *Krispy Kreme Notable investments *Duff & Phelps *Toys R Us *Men's Wearhouse *MoneyGram *Herbst Gaming *Dana Holding Corporation *Hostess Brands * Torch Energy Royalty Trust * Cooper-Standard Auto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caesars Entertainment
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020. History The company traces its history back to the development of the Eldorado Hotel in Reno, which was opened on May 24, 1973, by a group of investors that included Don Carano and other members of the Carano family. On July 28, 1995, the Eldorado opened the adjacent Silver Legacy Resort Casino in partnership with Circus Circus Enterprises. The Eldorado companies were reorganized in 1996 as Eldorado Resorts LLC in connection with a $100-million bond offering. In 2005, the company took over the bankrupt Hollywood Casino Shreveport in Louisiana, buying a 76 percent stake in the property for $154 million. It was then rebranded as the Eldorado Casino Shreveport. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bayer
Bayer AG (, commonly pronounced ; ) is a German multinational corporation, multinational pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. Bayer was founded in 1863 in Barmen as a partnership between dye salesman Friedrich Bayer and dyer Friedrich Weskott. As was common in this era, the company was established as a dyestuffs producer. The versatility of aniline chemistry led Bayer to expand their business into other areas, and in 1899 Bayer launched the compound acetylsalicylic acid under the trademarked name Aspirin. In 1904 Bayer received a trademark for the "Bayer Cross" logo, which was subsequently stamped onto each aspirin tablet, creating an iconic product that is still sold by Bayer. Ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monsanto
The Monsanto Company () was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best known product is Roundup, a glyphosate-based herbicide, developed in the 1970s. Later the company became a major producer of genetically engineered crops. In 2018, the company ranked 199th on the Fortune 500 of the largest United States corporations by revenue. Monsanto was one of four groups to introduce genes into plants in 1983, and was among the first to conduct field trials of genetically modified crops in 1987. It was one of the top 10 US chemical companies until it divested most of its chemical businesses between 1997 and 2002, through a process of mergers and spin-offs that focused the company on biotechnology. Monsanto was one of the first companies to apply the biotechnology industry business model to agriculture, using techniques developed by biotech drug companies. In this business model, compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Reyn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Government Development Bank
The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puerto Rico. The bank, along with its subsidiaries and affiliates, serves as the principal entity through which Puerto Rico channels its issuance of bonds. As an overview, the different executive agencies of the government of Puerto Rico and its government-owned corporations either issue bonds with the bank as a proxy, or owe debt to the bank itself (as the bank is a government-owned corporation as well). History The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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