A selection of the week's best photos from across the continent:
All pictures subject to copyright.
A selection of the week's best photos from across the continent:
All pictures subject to copyright.
Tesla has the highest short interest of any company, according to S3 Partners.
A Diversified, Investor-Centric Private Markets Fund for Individual Accredited InvestorsCHARLOTTE, N.C., May 18, 2021 (GLOBE NEWSWIRE) -- Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, announced that its inaugural fund, Conversus StepStone Private Markets (“CPRIM”), reached $108 mm of assets and that its shares had appreciated 36% from October 1, 2020 to April 30, 2021, to an NAV of $33.99. Conversus acts as adviser to CPRIM and is a wholly owned business of StepStone Group LP (“StepStone”), which acts as sub-adviser. CPRIM offers accredited investors diversified, global exposure to the major private market asset classes – private equity, real assets, including infrastructure and real estate, and private debt – in a single investment. An open architecture solution, CPRIM’s portfolio seeks to be well-diversified across underlying managers and by sector, strategy, geography and vintage year. StepStone invests CPRIM’s capital alongside its institutional clients and has assembled a portfolio of over 300 companies to-date, emphasizing sectors Conversus believes to be more durable and resilient, such as Information Technology, Healthcare and Financial Services. CPRIM has initially focused on purchases of investments in funds on the secondary market and direct co-investments and will eventually add some primary fund investments. Designed specifically for individual investors and small institutions, CPRIM’s investor-centric structure emphasizes convenience, efficiency and transparency. An evergreen fund, CPRIM raises capital in monthly closings while providing liquidity through quarterly tender offers. There are no ongoing capital calls. Investors will receive regular distributions, and tax reporting is provided via a 1099. CPRIM is available to U.S. accredited investors with a minimum investment of $50,000 through a range of share classes created for various wealth management platforms, as well as to non-U.S. qualified investors at the same minimum investment level. “CPRIM’s 36% gain since October was driven by strong portfolio company performance, including numerous liquidity events. We also benefitted from pricing dislocations during the pandemic by purchasing funds we consider to be managed by top tier managers at meaningful discounts to current NAV,” said Bob Long, CEO of Conversus. “Financial advisors and their clients are actively seeking ways to diversify their portfolios with private assets, and CPRIM’s ability to meet this need in a simple, cost-effective format has resonated among investors, as demonstrated by exceeding the $100 million milestone in just seven months.” “Efficient liquidity management is essential to the success of a continuously offered evergreen fund, and StepStone leveraged its scale, relationships, and data and analytics capabilities to deploy CPRIM’s capital as promptly as it was raised, helping to drive the attractive early returns,” said Jason Ment, President and Co-Chief Operating Officer of StepStone. “We maintain a robust and growing pipeline of secondary and direct co-investment opportunities that we believe will continue to benefit CPRIM going forward.” Conversus markets CPRIM through its team of experienced distribution professionals covering the U.S. and Europe. Conversus is StepStone’s platform for delivering the firm’s institutional asset management capabilities and experience to the high net worth and mass affluent market and is led by its founders Tom Sittema, Executive Chairman, Neil Menard, President of Distribution and Tim Smith, Chief Operating Officer, in addition to Mr. Long. About Conversus Conversus is an investment firm designed to expand access to the private markets for high net worth and mass affluent investors and is wholly owned by StepStone. Conversus seeks to create innovative, investor-centric solutions by focusing on convenience, efficiency and transparency. Conversus is derived from the Latin verb for conversion, and the firm’s mission is to convert the private market advantages enjoyed by institutional investors into opportunities for individual investors. Conversus StepStone Private Markets (CPRIM) is its inaugural fund. Learn more at www.conversus.com. About StepStone StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2020, STEP oversaw $333 billion of private markets allocations, including $80 billion of assets under management. STEP’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. STEP partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes. Contacts Media: Brian Ruby / Chris Gillick, ICR203-682-8268StepStonePR@icrinc.com StepStone Group Inc. Shareholder Relations212email@example.com Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month end performance please call (704) 215-4300. Short-term performance may often reflect conditions that are likely not sustainable, and thus such performance may not be repeated in the future. Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained from Conversus StepStone Private Markets (“CPRIM” or the “Fund”) at 704.215.4300 or by visiting the SEC website at www.sec.gov. An investor should read the prospectus carefully before investing (link to prospectus). Investors should also review the material available on www.conversus.com with respect to Conversus StepStone Private Markets. A registration statement relating to these securities has been filed with the Securities and Exchange Commission and is effective under the Securities Act of 1933. This communication shall not constitute an offer to buy or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state. Foreside Fund Services, LLC, a FINRA-registered broker-dealer, acts as Distributor. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind. An investment in the Fund involves material risks. Investing in the shares may be considered speculative and involves a high degree of risk, including the risk of the loss of your investment. The Shares are illiquid and appropriate only as a long-term investment. The Fund’s performance depends upon the performance of the underlying investment managers and the selected private market assets.Underlying investments involve a high degree of business and financial risk that can result in substantial losses.The securities in which an investment manager may invest may be among the most junior in a portfolio company’s capital structure and, thus, subject to the greatest risk of loss.An investment manager’s investments, depending upon strategy, may be in companies or other assets whose capital structures are highly leveraged.The Fund will allocate a portion of its assets to multiple investment funds, and shareholders will bear two layers of fees and expenses: management fees and administrative expenses at the Fund level, and asset-based management fees, carried interests, incentive allocations or fees and expenses at the Investment Fund level.Shareholders will have no right to receive information about the investment funds or investment managers, and they will have no recourse against investment funds or their investment managers.The Fund intends to qualify as a regulated investment company under the Internal Revenue Code of 1986 but may be subject to substantial tax liabilities if it fails to so qualify.A significant portion of the Fund’s investments will likely be priced by investment funds in the absence of a readily available market and may be priced based on determinations of fair value, which may prove to be inaccurate.The shares are an illiquid investment. There is no market exchange available for shares of the Fund thereby making them difficult to liquidate.Possible utilization of leverage, as limited by the requirements of the 1940 Act, may increase the Fund’s volatility.
Columbia Property Trust has been named a 2021 Green Lease Leader by the Department of Energy and Institute of Market Transformation.
The man was “acting erratically and aggressively toward crew members and other customers,” the airline said.
She performed Maps in front of a live audience in Rotterdam on Tuesday.
Dale Talde and wife Agnes Chung Talde are already parents to 2-year-old son Everest
This golden retriever is ready to catch some waves and ride them back to shore.
Yellowstone Acquisition Company (the "Company") (NASDAQ: YSACU, YSAC and YSACW), a special purpose acquisition company, announced that the Company will restate its 2020 financial statements as filed in its Annual Report on Form 10-K to account for recent changes in accounting for warrants issued by special purpose acquisition companies ("SPACs").
"We all have our imperfections. We are more the same than we are different," the country singer-songwriter tells POEPLE. "And when it comes right down to it, we are all trying to find ourselves. Most of us spend a lifetime trying to find ourselves"
SAN FRANCISCO, CA / ACCESSWIRE / May 18, 2021 / Hagens Berman urges Skillz Inc. (NYSE:SKLZ) investors with significant losses to submit your losses now.
Boston Omaha Corporation (NASDAQ: BOMN) ("Boston Omaha" or the "Company") today announced it will restate its financial statements contained in its Annual Report on Form 10-K for the year ended December 31, 2020 (the "Annual Report"). The Company recently reassessed its prior accounting of Yellowstone Acquisition Company ("Yellowstone"), a special purpose acquisition company ("SPAC") sponsored by the Company. The Company and its Audit Committee in discussion with its auditor, KPMG, have reevaluated such accounting and decided to restate its Annual Report to consolidate the financial statements of Yellowstone and to account for the Yellowstone public and private warrants in accordance with the recent statements (the "Statement") by the Securities and Exchange Commission (the "SEC"). Additional time is needed to allow the Company to include the financial statements of Yellowstone in the Company’s financial statements for the year ended December 31, 2020.
SAN FRANCISCO, CA / ACCESSWIRE / May 18, 2021 / Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) f/k/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now.
The movie adaptation of the Broadway show lands in theaters on September 24th.
TORONTO, May 18, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of May 2021. The ex-distribution date for all ETFs is May 26, 2021, with the exception of Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of May 28, 2021. The ex-distribution date for all closed-end funds is May 28, 2021. Open-End FundsTickerSymbolDistribution per share/unitRecordDatePayableDateDistributionFrequencyPurpose Core Dividend Fund - ETF SeriesPDF$0.0850105/27/202106/07/2021MonthlyPurpose Enhanced Dividend Fund – ETF SeriesPDIV$0.0522105/27/202106/07/2021MonthlyPurpose Total Return Bond Fund - ETF SeriesPBD$0.0520105/27/202106/07/2021MonthlyPurpose Real Estate Income Fund – ETF SeriesPHR$0.0720105/27/202106/07/2021MonthlyPurpose Monthly Income Fund - ETF SeriesPIN$0.0830105/27/202106/07/2021MonthlyPurpose Premium Yield Fund – ETF SeriesPYF$0.0830105/27/202106/07/2021MonthlyPurpose Premium Yield Fund Non-Currency Hedged USD – ETF SeriesPYF.UUS $ 0.0885105/27/202106/07/2021MonthlyPurpose Premium Yield Fund Non-Currency Hedged – ETF SeriesPYF.B$0.0885105/27/202106/07/2021MonthlyPurpose Canadian Financial Income Fund – ETF SeriesBNC$0.0850105/27/202106/07/2021MonthlyPurpose Conservative Income Fund – ETF SeriesPRP$0.0540105/27/202106/07/2021MonthlyPurpose Enhanced Premium Yield Fund – ETF SeriesPAYF$0.1181105/27/202106/07/2021MonthlyPurpose International Dividend Fund – ETF UnitsPID$0.078005/27/202106/07/2021MonthlyPurpose US Dividend Fund – ETF UnitsPUD$0.065005/27/202106/07/2021MonthlyPurpose US Dividend Fund Non-Currency Hedged – ETF UnitsPUD.B$0.076005/27/202106/07/2021MonthlyPurpose Global Bond Fund – ETF UnitsBND$0.058505/27/202106/07/2021MonthlyPurpose High Interest Savings ETFPSA$0.024305/28/202106/07/2021MonthlyPurpose US Cash Fund – ETF UnitsPSU.UUS$ 0.020705/28/202106/07/2021MonthlyPurpose Strategic Yield Fund – ETF UnitsSYLD$0.097005/27/202106/07/2021MonthlyPurpose Multi-Asset Income Fund – ETF UnitsPINC$0.084005/27/202106/07/2021MonthlyPurpose Global Bond Class – ETF UnitsIGB$0.0602105/27/202106/07/2021MonthlyPurpose Canadian Preferred Share Fund – ETF UnitsRPS$0.095005/27/202106/07/2021MonthlyPurpose Core Equity Income Fund – ETF SeriesRDE$0.0650105/27/202106/07/2021MonthlyPurpose US Preferred Share Fund – ETF UnitsRPU$0.094005/27/202106/07/2021MonthlyPurpose US Preferred Share Fund Non-Currency Hedged – ETF Units2RPU.B / RPU.U$0.094005/27/202106/07/2021MonthlyPurpose Emerging Markets Dividend Fund – ETF UnitsREM$0.058005/27/202106/07/2021MonthlyPurpose Floating Rate Income Fund – ETF UnitsFLOT$0.029705/27/202106/07/2021MonthlyPurpose Floating Rate Income Fund - Non-Currency Hedged USD – ETF UnitsFLOT.UUS$ 0.037505/27/202106/07/2021MonthlyPurpose Floating Rate Income Fund - Non-Currency Hedged – ETF UnitsFLOT.B$0.036505/27/202106/07/2021MonthlyBlack Diamond Global Equity Fund – ETF UnitsBDEQ$0.011205/27/202106/07/2021MonthlyBlack Diamond Distressed Opportunities Fund – ETF UnitsBDOP$0.007505/27/202106/07/2021MonthlyPurpose Global Climate Opportunities Fund – ETF UnitsCLMT$0.010005/27/202106/07/2021Monthly Closed-End FundsTickerSymbolDistribution per share/unitRecordDatePayableDateDistributionFrequencyInvestment Grade Managed Duration Income Fund – Class TPFU.UN$0.041705/31/202106/14/2021MonthlyU.S. Banks Income & Growth Fund – Class TPUB.UN$0.041705/31/202106/14/2021MonthlyCanadian Investment Grade Preferred Share Fund – Class TRIGP.UN$0.114605/31/202106/14/2021MonthlyBig Banc Split Corp – Class ABNK$0.066205/31/202106/14/2021MonthlyBig Banc Split Corp – Preferred SharesBNK.PR.A$0.050005/31/202106/14/2021Monthly (1)Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.(2)Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $11 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company. For further information please contact:Keera HartKeera.Hart@kaiserpartners.com905-580-1257 Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
"After a quick Google [search] I found out it was also known as the suicide disease."
Firefighters remained at the scene of a large forest fire in Hants County, N.S., on Tuesday afternoon. The provincial Department of Lands and Forestry said they received word about the fire in the Falmouth area late Monday afternoon. The fire is estimated to be about two hectares, department spokesperson Deborah Bayer said in an email. Lands and Forestry firefighters and a department helicopter, along with 25 volunteer firefighters from municipal fire departments including Windsor, Hantsport, and Brooklyn were on scene Tuesday. Bayer said the fire is not expected to spread, and no buildings or people were at risk. The cause of the fire is under investigation, she said. Lightning was reported in the area shortly before the time the fire was called in, but Bayer did not say whether this was connected to the fire. Bayer added that Lands and Forestry was aware of the fire at the Kaiser Meadow solid waste management facility in Chester, but wasn't involved in the response. MORE TOP STORIES
AT&T CEO John Stankey and CFO Pascal Desroches held a 45-minute WebX town hall for WarnerMedia employees this morning, offering additional information about the entertainment unit’s upcoming merger with Discovery. The $43 billion deal surprised the industry, and while it’s expected to take at least a year to close, it has prompted a flurry of […]
Bill has already passed Senate and will now be sent to president for his signature
Bias against disadvantaged pupils and those with special educational needs ‘common findings’, literature review says
Nikhil Kamath, Co-Founder and CIO True Beacon Global, joined Yahoo Finance Live to discuss investment opportunities in India and how he has been helping the country as COVID-19 cases rise.