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Michael Fay (banker)
Sir Humphrey Michael Gerard Fay (born 10 April 1949) is a New Zealand merchant banker and partner in the merchant bank Fay Richwhite. He is one of the ten richest men in New Zealand. His personal wealth was largely acquired during the late 1980s and early 1990s, which included the period in which he had a significant role in the structural adjustment of the New Zealand economy undertaken by New Zealand's Fourth Labour Government. He is thought to be worth in excess of NZD 920 million, making him the 10th richest New Zealand citizen in 2017. Early life and family Fay was born in Auckland on 10 April 1949. He was educated at St Peter's College, Auckland and St Patrick's College, Silverstream, and studied law at Victoria University of Wellington, graduating LLB in 1971. In 1983, he married Sarah Ann Williams, and the couple went on to have three children. Fay Richwhite Michael Fay and David Richwhite are best known for gaining wealth in a series of loosely regulated privatisation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merchant Bank
A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope. In modern usage in the United States, the term additionally has taken on a more narrow meaning, and refers to a financial institution providing capital to companies in the form of share ownership instead of loans. A merchant bank also provides advice on corporate matters to the firms in which they invest. History Merchant banks were the first modern banks. They emerged in the Middle Ages from the Italian grain and cloth merchants community and started to develop in the 11th century during the large Eur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Diego
San Diego ( , ; ) is a city on the Pacific Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the List of United States cities by population, eighth most populous city in the United States and the county seat, seat of San Diego County, the List of the most populous counties in the United States, fifth most populous county in the United States, with 3,338,330 estimated residents as of 2019. The city is known for its mild year-round climate, natural deep-water harbor, extensive beaches and parks, long association with the United States Navy, and recent emergence as a healthcare and biotechnology development center. San Diego is the List of municipalities in California, second largest city in the U.S. state, state of California, after Los Angeles. Historically home to the Kumeyaay people, San Diego is frequently referred to as the "Birthplace of California", as it was the first site vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samoa National Rugby Union Team
The Samoa national rugby union team (also known as Manu Samoa) represents Samoa in men's international rugby union and it is governed by the Samoa Rugby Union. They are also known as Manu Samoa, which is thought to derive from the name of a Samoan warrior. They perform a traditional Samoan challenge called the siva tau before each game. Samoa Rugby Union were formerly members of the Pacific Islands Rugby Alliance (PIRA) along with Fiji and Tonga. They are ranked 11th in the world. Rugby was introduced to Samoa in the early 1920s and a governing body was soon formed. The first international was played as Western Samoa against Fiji in August 1924. Along with Tonga, these nations would meet regularly and eventually contest competitions such as the Pacific Tri-Nations – with Western Samoa winning the first of these. From 1924 to 1997 Samoa was known as Western Samoa. Samoa have been to every Rugby World Cup since the 1991 tournament. That tournament, along with the 1995 compe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
America's Cup Hall Of Fame
The America's Cup Hall of Fame, located at the Herreshoff Marine Museum of Bristol, Rhode Island, USA, honors individuals for outstanding achievement in the America's Cup sailing competition. Candidates eligible for consideration include skippers, afterguard, crew, designers, builders, organizers, syndicate managers, supporters, chroniclers, race managers, and other individuals of merit. A selection committee of twenty-two members consisting of former America's Cup participants, yachting historians, and yachting journalists annually selects a class of one to four inductees. Rolex, Louis Vuitton, and Prada have been sponsors of the Hall of Fame's induction ceremonies. The Hall of Fame's museum, a division of the Herreshoff Marine Museum, features plaques of the inductees and permanent and temporary exhibitions of artifacts related to the America's Cup. The museum's library contains one of the largest collections of manuscripts and books related to the America's Cup and yachting hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knight Bachelor
The title of Knight Bachelor is the basic rank granted to a man who has been knighted by the monarch but not inducted as a member of one of the organised orders of chivalry; it is a part of the British honours system. Knights Bachelor are the most ancient sort of British knight (the rank existed during the 13th-century reign of King Henry III), but Knights Bachelor rank below knights of chivalric orders. A man who is knighted is formally addressed as "Sir irst Name urname or "Sir irst Name and his wife as "Lady urname. Criteria Knighthood is usually conferred for public service; amongst its recipients are all male judges of His Majesty's High Court of Justice in England. It is possible to be a Knight Bachelor and a junior member of an order of chivalry without being a knight of that order; this situation has become rather common, especially among those recognized for achievements in entertainment. For instance, Sir Michael Gambon, Sir Derek Jacobi, Sir Anthony Hopkins, Sir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1990 Birthday Honours (New Zealand)
The 1990 Queen's Birthday Honours in New Zealand, celebrating the official birthday of Elizabeth II, were appointments made by the Queen in her right as Queen of New Zealand, on the advice of the New Zealand government, to various orders and honours to reward and highlight good works by New Zealanders. They were announced on 16 June 1990. The recipients of honours are displayed here as they were styled before their new honour. Knight Bachelor * (Humphrey) Michael Gerard Fay – of Auckland. For services to merchant banking and yachting. * Richard John Hadlee – of Christchurch. For services to cricket. * Howard Leslie Morrison – of Rotorua. For services to entertainment. Order of the Bath Companion (CB) ;Military division * Air Vice-Marshal Peter Raymond Adamson – Chief of Air Staff, Royal New Zealand Air Force. Order of Saint Michael and Saint George Companion (CMG) * Professor Emeritus Eric William Herd – of Dunedin. For services to linguistics and the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1988 America's Cup
The 1988 America's Cup was the 27th America's Cup regatta, and was contested between the defender, San Diego Yacht Club represented by ''Stars & Stripes H3'', and the challenger, the Mercury Bay Boating Club represented by New Zealand Challenge's ''KZ-1''. Run under strict Deed of Gift rules, the regatta was won by the San Diego Yacht club, in a two-race sweep. Challenge and response The 1988 America's Cup was the first hostile Deed of Gift challenge. Dennis Conner had won the America's Cup for the San Diego Yacht Club on 4 February 1987 at the 1987 America's Cup. In July, New Zealand banker Michael Fay went to the San Diego Yacht Club and issued a Notice of Challenge from the Mercury Bay Boating Club of New Zealand, which was based on a strict reading of the Deed of Gift. The Fay challenge stipulated that the boats to be sailed would be defined only by the details of the Deed, namely single masted yachts no more than at the waterline and that the race would be held the follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stars & Stripes (yacht)
''Stars & Stripes'' (''Team Dennis Conner'') is the name of an America's Cup syndicate operated by Dennis Conner and its racing yachts. The name "Stars & Stripes" refers to the nickname often used for the flag of the United States. TDC was registered under the flag of the San Diego Yacht Club (SDYC). 12-metre class yachts The well funded Sail America Foundation commissioned four 12-metre yachts to support a campaign led by Dennis Conner, representing the San Diego Yacht Club, to win back the America's Cup in the 1987 competition in Fremantle, Australia. * ''Stars & Stripes 83'' (US 53) built in 1985 by Geraghty Marine, designed by Chance/Nelson/Pedrick. * ''Stars & Stripes 85'' (US 54) built in 1985 by Robert E. Derektor Inc., designed by Chance/Nelson/Pedrick. Proved to be faster than ''Stars & Stripes'' 83. * ''Stars & Stripes 86'' (US 56) built in 1986 by Robert E. Derektor Inc., designed by Chance/Nelson/Pedrick. Designed with a different keel and more sail area. * '' S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dennis Conner
Dennis Walter Conner (born September 16, 1942) is an American yachtsman. He is noted for winning a bronze medal at the 1976 Olympics, two Star World Championships, and three wins in the America's Cup. Sailing career Conner was born September 16, 1942, in San Diego. He competed in the 1976 Olympics together with Conn Findlay and took the bronze medal in the Tempest class. Conner also took part in the 1979 Admiral's Cup, as helmsman on the Peterson 45 named ''Williwaw''. America's Cup Conner has won the America's Cup three times, successfully defending the Cup in 1980, and 1988 and winning as the challenger in 1987. His 4-3 loss in 1983 to Australian Alan Bond's controversial wing-keeled challenger '' Australia II'' was the first Cup defender to be defeated in the 132-year history of the race, simultaneously ending a run by the New York Yacht Club that began with the first contest. Following the loss Conner formed his own syndicate, the Sail America Foundation, through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
12-metre Class
The 12 Metre class is a rating class for racing sailboats that are designed to the International rule. It enables fair competition between boats that rate in the class whilst retaining the freedom to experiment with the details of their designs. The designation "12 Metre" does not refer to any single measurement on the boat, and is not referencing the vessels overall length, rather, measures the sum of the components directed by the formula which governs design and construction parameters. Typically 12 Metre class boats range from 65 to 75 feet (about 20 to 23 m) in length overall; they are most often sloop-rigged, with masts roughly 85 feet (26 m) tall. The first 12 Metres were built in 1907. The 12 Metre class was used in the Olympic Games of 1908, 1912 and 1920 but few boats participated in these events. The 12 Metre class boats are best known as the boat design used in the America's Cup from 1958 to 1987. Competitiveness between boats in the class is maintained by requiring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yacht
A yacht is a sailing or power vessel used for pleasure, cruising, or racing. There is no standard definition, though the term generally applies to vessels with a cabin intended for overnight use. To be termed a , as opposed to a , such a pleasure vessel is likely to be at least in length and may have been judged to have good aesthetic qualities. The Commercial Yacht Code classifies yachts and over as . Such yachts typically require a hired crew and have higher construction standards. Further classifications for large yachts are: —carrying no more than 12 passengers, —solely for the pleasure of the owner and guests, or by flag, the country under which it is registered. A superyacht (sometimes ) generally refers to any yacht (sail or power) longer than . Racing yachts are designed to emphasize performance over comfort. Charter yachts are run as a business for profit. As of 2020 there were more than 15,000 yachts of sufficient size to require a professional crew. Etymology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KZ1 (yacht)
''KZ 1'', formally called ''New Zealand'', is a one-off sailing yacht built to challenge for the 1988 America's Cup. She was designed by Bruce Farr and is constructed from a carbon fibre and Kevlar/Nomex sandwich, skippered by David Barnes and crewed by a team of 40 from the Mercury Bay Boating Club in Whitianga, New Zealand. The unexpected challenge of Michael Fay and ''KZ 1'' almost immediately after the 1987 American victory to the San Diego Yacht Club prompted syndicate head Dennis Conner to respond with an unconventional defence. Lacking time and looking to protect the planned international event in 1992, the defenders defended with one of two catamarans built for the challenge ''Stars & Stripes'' (US 1), a wing masted catamaran that Conner sailed to easily win the challenge, though most of the battle was later fought in court. ''KZ 1'' is now on display near the New Zealand Maritime Museum in downtown Auckland Auckland (pronounced ) ( mi, Tāmaki Makaurau) is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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