Piemonte Capital will be the first asset manager focused on developing the data center sector in Brazil and Latin America . Its investment process will prioritize the digitalization of the green economy RIO DE JANEIRO , Nov. 25, 2024 /PRNewswire/ -- Piemonte Holding has announced the creation of Piemonte Capital, its new asset manager dedicated to private equity. With an initial fundraising of R$ 1 billion for its first fund, Piemonte Capital is the first Brazilian asset manager focused exclusively on data centers. The Private Equity fund was designed to address the growing demand for this sector in Brazil and Latin America , which are undergoing an accelerated transition toward a digital economy and Artificial Intelligence deployments. The company will position Brazil's leadership in sustainable data centers operations, the only ones on a global scale that can be powered by renewable energy matrix - which is a critical feature for Big Techs. According to Alessandro Lombardi , founder and CEO of Piemonte Holding, Piemonte Capital will operate with a strong local presence and knowledge, with a strategy tailored to the region's specific needs. "Piemonte Capital offers Brazilian investors an entry point into the data center sector, which has so far been dominated by large international asset managers. We will meet the growing demand for capital allocation in one of the most promising sectors of the economy, developing the right digital infrastructure that Brazil needs." With a differentiated ESG approach, Piemonte Capital will be guided by environmental, social, and governance practices deeply integrated into the investment strategies of its holding company and group businesses. The company's goal is to build a robust investment platform to support innovative and sustainable digital growth, highlighting its unique role on the global stage. One example of this approach is Elea Data Centers, part of the Piemonte Holding group, a pioneer company that promotes sustainable initiatives in the sector, such as issuing green bonds and using 100% renewable energy on its sites. "Brazilian infrastructure is green, which sets us apart from markets that still rely on fossil fuels. We want to create a sustainable data center network that will provide the necessary backbone for the digital revolution in Brazil ," says Alessandro Lombardi . With Brazil now established as one of the largest global hubs for data center industry, Piemonte Capital enters the market to accelerate the sector's growth, meeting the increasing demand for capital. Since 2021, Piemonte Holding has been partner of Goldman Sachs in the Elea Data Center investment project and this new initiative expands the group's investment potential to support its continuous growth. Alessandro Lombardi is recognized as one of the leading voices in digital infrastructure in Latin America and globally and has led investments focused on green financial instruments to enable Artificial Intelligence (AI) in Brazil . Co-founder of Piemonte Capital is Victor Almeida , Investment and Transactions Director, the only Brazilian professional listed this year among the top global talents in digital infrastructure finance under the age of 35. View original content: https://www.prnewswire.com/news-releases/piemonte-holding-launches-an-asset-management-company-with-an-initial-capital-raise-of-r1-billion-302315643.html SOURCE Piemonte Holding Participações S.AGonzaga lands Virginia transfer G Jalen Warley
As Himalaya gears up for its initial public offering (IPO), the timing couldn't be better. The current market environment is highly favorable for audio-focused companies, as investors are increasingly recognizing the potential of the audio industry to drive revenue and growth. The success of recent IPOs of audio-centric platforms like Spotify and Audible further underscores the immense commercial opportunities in the sector.Algert Global LLC grew its position in shares of StoneX Group Inc. ( NASDAQ:SNEX – Free Report ) by 25.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,389 shares of the company’s stock after acquiring an additional 1,910 shares during the period. Algert Global LLC’s holdings in StoneX Group were worth $769,000 as of its most recent SEC filing. Other large investors have also made changes to their positions in the company. Quest Partners LLC raised its position in StoneX Group by 9,133.3% during the second quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after acquiring an additional 548 shares in the last quarter. Huntington National Bank increased its stake in shares of StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after purchasing an additional 553 shares during the last quarter. nVerses Capital LLC bought a new position in shares of StoneX Group during the 2nd quarter valued at $68,000. Evergreen Capital Management LLC acquired a new stake in shares of StoneX Group in the 2nd quarter valued at $201,000. Finally, Sawgrass Asset Management LLC bought a new stake in StoneX Group in the second quarter worth $211,000. Institutional investors own 75.93% of the company’s stock. StoneX Group Price Performance NASDAQ SNEX opened at $103.76 on Friday. StoneX Group Inc. has a fifty-two week low of $60.38 and a fifty-two week high of $106.77. The stock’s 50-day moving average is $91.00 and its two-hundred day moving average is $82.02. The firm has a market cap of $3.30 billion, a P/E ratio of 13.04 and a beta of 0.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.80 and a quick ratio of 1.30. Insider Activity StoneX Group Company Profile ( Free Report ) StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services. Featured Articles Want to see what other hedge funds are holding SNEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for StoneX Group Inc. ( NASDAQ:SNEX – Free Report ). Receive News & Ratings for StoneX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StoneX Group and related companies with MarketBeat.com's FREE daily email newsletter .
In today's digital age, where social media amplifies every word and action of public figures, it is important to approach sensitive issues with empathy and understanding. While it is natural to have strong opinions on ethical matters, it is also crucial to listen to different perspectives and engage in constructive dialogue rather than resorting to divisive rhetoric.Furthermore, Trump's threats to withdraw from NATO have raised questions about the implications for US-European relations and the broader geopolitical landscape. A US exit from NATO would not only undermine the credibility of the alliance but could also signal a significant shift in the United States' strategic posture towards Europe. As one of the United States' oldest and most important allies, Europe plays a vital role in American security and foreign policy, and any rift in the transatlantic partnership could have serious repercussions on a range of issues, from counterterrorism to trade to climate change.
As we eagerly await the release of "Bleach: Soul Awakening," the anticipation only continues to build as we brace ourselves for the inevitable clash between protagonist and antagonist, hero and villain. And at the center of it all stands Sosuke Aizen, a character whose legacy and impact on the world of "Bleach" will never be forgotten.