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Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street

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Convex Group Limited (Convex or the Company) has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convexs recent $1 billion capital raise from a consortium led by Onex and GIC, in which Sixth Street also participated. Sixth Streets investment brings Convexs total committed capital to over $3.2 billion.

Convex is a specialty insurer and reinsurer focused on complex risks, that launched with $1.7 billion of committed capital in April of 2019. Convex underwrites insurance and reinsurance across a diverse range of business lines including aerospace, casualty, energy, marine, property and other lines of business. The company is led by Stephen Catlin, Paul Brand and a team of well-respected insurance industry experts.

Sixth Street is a global investment firm with over $50 billion in assets under management. Sixth Street is an active global investor in insurance and reinsurance businesses through its $24 billion Sixth Street TAO platform.

Stephen Catlin, CEO of Convex, said: We are pleased to be partnering with the Sixth Street team to strengthen our position even further in todays cyclically advantageous market environment. This significant additional capital provides us with greater flexibility as we continue our recent momentum in growing our business.

A. Michael Muscolino, Co-Founder and Partner of Sixth Street, said: “With an exceptional track record and disciplined team of underwriters, Convex is uniquely positioned to pursue opportunities made available by a hardening market. Our cross-border financials investing franchise is pleased to be supporting Convex management alongside their impressive existing institutional investor base, and we look forward to our long-term partnership.”

JP Morgan and Evercore acted as financial advisors and Slaughter and May and Appleby acted as legal advisors to Convex. Goldman Sachs acted as financial advisor and Willkie Farr & Gallagher LLP and Conyers acted as legal advisors to Sixth Street.

About Convex Convex Group is an international specialty insurer and reinsurer focused on complex specialty risks across a diverse range of business lines. The company brings together best in class talent, a diversity of thought and the freedom and independence of a strong balance sheet to create a fresh approach to business. The Groups ambition is to offer something different to its clients and to engage with them in a true partnership based on fairness, dignity and respect. Convex was founded by Stephen Catlin and Paul Brand and operates out of London and Bermuda. The company has an A- (Excellent) A.M. Best rating and an A- with stable outlook S&P rating.

About Sixth Street Sixth Street is a global investment firm with over $50 billion in assets under management and committed capital. We operate nine diversified, collaborative investment platforms: TAO, Growth, Specialty Lending, Fundamental Strategies, Infrastructure, Opportunities, Insurance, Agriculture, and Credit Market Strategies. Our long-term oriented, highly flexible capital base and “One Team” cultural philosophy allow us to invest thematically across sectors, geographies, and asset classes. Founded in 2009, Sixth Street has more than 320 team members including over 145 investment professionals in nine locations around the world. For more information about Sixth Street, visit www.sixthstreet.com.

For Convex:

Haggie Partners

+44 (0) 20 7562 4444

Email: [email protected]

For Sixth Street:

Patrick Clifford

+1 646 906 4339

[email protected]

Gavin Davis

+44 7910 104660

[email protected]

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Abundant Wealth Management Is Now A Retirement Income Store®

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FORT LAUDERDALE, Fla., Jan. 24, 2021 /PRNewswire-PRWeb/ — Sound Income Strategies, LLC, a full-service Registered Investment Advisory (RIA) firm dedicated to helping clients meet their long-term financial objectives, is proud to announce that Abundant Wealth Management in Dallas, Texas, is now officially A Retirement Income Store.

The Retirement Income Store®, powered by Sound Income Strategies, is a virtual store where individuals can find financial advisors, known as Income Specialists, who specialize in helping clients reduce their exposure to stock market risk so they can use their savings to generate reliable income for retirement.

Although Abundant Wealth Management (AWM) works with a wide range of clients, it specializes in helping those who are nearing retirement, or are already retired. Services provided include financial planning, investment management, asset preservation, and healthcare planning including Medicare Advantage and Medicare Supplements.

Since its inception, AWM has been on a mission to help protect their clients' assets from risk and uncertainty. Unlike other firms that might focus on more aggressive, stock market-based financial strategies, AWM specializes in taking a more sensible approach to planning and saving for retirement—an approach focused on generating steady income in the form of interest and dividend payments that their clients can count on well into retirement.

Founder Eric Lardner says: “Managing your money wisely means being knowledgeable about your options. That's why we place a heavy emphasis on financial education. It's this focus on education, along with our more conservative approach to financial planning, that has led Abundant Wealth Management to join the national network of like-minded financial advisors nationwide who believe there's a better way for Americans to plan and save for retirement—Investing for Income.”

About Sound Income Strategies: Sound Income Strategies (SIS) is an RIA firm with more than $1 billion in assets under management. Specializing in the active management of individual, income-generating securities, the firm focuses on maximizing the value of their clients' portfolios and building retirement plans that deliver consistent income, growth potential, and – most importantly – defense against damaging losses. As a Registered Investment Advisory firm, SIS diligently honors their fiduciary responsibility, as spelled out in the US Investment Advisors Act of 1940, to always act and serve in the best interest of their clients.

About the Retirement Income Store—Launched in January of 2019, The Retirement Income Store is a subsidiary of Sound Income Strategies. The Retirement Income Store is comprised of a national network of Income Specialists who actively manage their clients' portfolios with the goal of maximizing income first and opportunities for growth second.

About Abundant Wealth Management: Abundant Wealth Management, located in Dallas, Texas, was founded by Eric M. Lardner. Mr. Lardner has more than 30 years of experience in the financial services industry and specializes in providing retirement planning services designed to educate clients about the best options available to help them meet their long-term financial objectives. Dedicated to the core principles of trust and integrity, AWM always places the needs and interests of their clients first and foremost.

For more information contact:
Sarah Samuels or Erika Wilson
[email protected] or [email protected]
(954) 487-1846 or (954) 870-6720

Investment Advisory Services offered through Sound Income Strategies, LLC, an SEC Registered Investment Advisory Firm. Abundant Wealth Management and Sound Income Strategies, LLC are not associated entities. Abundant Wealth Management is a franchise of The Retirement Income Store, LLC. The Retirement Income Store, LLC and Sound Income Strategies, LLC are associated entities.

Media Contact

Erika Wilson, Lineweaver Financial Group, +1 9548706720, [email protected]

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SOURCE The Retirement Income Store

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Lifshitz Law Firm, P.C. Announces Investigation of CATM, FFG, HLIX, MDCA, RP, SMTX, and TCP

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NEW YORK, Jan. 24, 2021 /PRNewswire/ —

Cardtronics PLC (NASDAQ: CATM)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CATM for $35.00 per share.

If you are a CATM investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

FBL Financial Group, Inc. (NYSE:FFG)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the proposed sale of FFG to Farm Bureau Property & Casualty Insurance Company for $56.00 per share in cash.

If you are a FFG investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Helix Technologies, Inc. (OTC:HLIX)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of HLIX and Medical Outcomes Research Analytics, LLC. Under the merger, HLIX shareholders will receive 0.05 shares of a newly formed company, Forian Inc., for each share of HLIX common stock.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

MDC Partners Inc. (NASDAQ: MDCA)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of MDCA with Stagwell Media LP. Stagwell and its affiliates are expected to hold approximately 79% of the common equity of the combined company after closing.

If you are a MDCA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

RealPage, Inc. (Nasdaq: RP)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of RP to Thoma Bravo for $88.75 per share.

If you are a RP investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

SMTC Corporation (NASDAQ: SMTX)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of SMTX to an affiliate of H.I.G. Capital for $6.044 per share in cash.

If you are a SMTX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

TC PipeLines, LP (NYSE: TCP)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of TCP to TRP for 0.70 TRP common shares per unit.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2021 Lifshitz Law Firm, P.C.  The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm, P.C.
Phone:  516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

Cision View original content:http://www.prnewswire.com/news-releases/lifshitz-law-firm-pc-announces-investigation-of-catm-ffg-hlix-mdca-rp-smtx-and-tcp-301213603.html

SOURCE Lifshitz Law Firm

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Marine Stewardship Council: Assortment of top chefs combine for sustainable seafood cookbook

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The collaboration aims to encourage shoppers to make the best environmental choice when buying the seafood they love

 

SINGAPORE – Media OutReach – 14 January 2021 – The Marine Stewardship Council (MSC) — an environmental not-for-profit — is launching its first sustainable seafood cookbook in collaboration with top sensational chefs from across the globe. It is part of an initiative to encourage and inspire shoppers to commit to making the best environmental choice when buying the seafood they love this year, and beyond.

 

The Blue Cookbook is a digital collection of delicious recipes featuring a variety of species and styles which appeal to a range of preferences and tastes. Options include seared king prawns, haddock and broccoli bake, hake with cantonese glaze and steamed halibut with rice wine. Also contained within its pages is the environmental story behind the fish we eat, showing consumers how their actions can have a big ripple effect on ocean health.

 

Some of the contributors to the project are culinary director Lucas Glanville from Grand Hyatt Singapore and Executive chef Otto Goh from the Shangri-La Hotel Group in China.  All those involved are strong advocates for sustainable fishing and responsible sourcing.

 

Anne Gabriel, Programme Director for Oceania and Singapore at the Marine Stewardship Council said: “A new year has arrived, and with it a chance to make better choices for ourselves, our planet and our oceans. We’ve teamed up with incredible chefs to launch a unique sustainable seafood cookbook which features delicious, healthy and future-friendly recipes from across the globe. By choosing to buy from sustainable sources, everyone can help make sure the seafood we love can be enjoyed for years to come.”

 

Chef Lucas Glanville, who has contributed a Seared King Prawns said: Singapore diners and consumers are ready to embrace sustainable seafood as a way of life. The people are savvy, and the market is articulate about what is good for the environment. Our hotel has seen amazing growth in business due to our sustainable philosophy. This is all thanks to the support of our diners. We are all accountable for the future, we should do our part to protect the oceans for our future generation.”

 

The ocean is a vital part of human life on our planet. It provides a major source of protein to more than 3 billion people1, and millions rely on fisheries for their livelihood2. However, the oceans are under threat – 34% of global fisheries have been fished beyond sustainable limits, with this trend continuing to worsen slightly3.

 

For more than 20 years, the MSC has been tackling the problem of overfishing by incentivizing people to change their behaviour when buying seafood, through its certification and labelling program. Its international collaborative of partners including scientists, NGOs, fisheries, seafood companies, retailers, and restaurants work hand in hand to ensure seafood is wild, delicious, and above all else, sustainable.

 

NOTES TO EDITORS

Assets:

References:

1 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 67

2 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 95

3 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 7

About the Marine Stewardship Council:

The MSC ecolabel on a seafood product means it is fully traceable to a wild-catch fishery which has been independently certified to the MSC’s science-based standard for sustainable fishing. Fisheries representing more than 17% of the world’s wild marine catch are engaged in its certification programme and more than 18,000 different MSC labelled products are available on shelves across the globe*. (*figures correct as of 31 March 2020). For more information visit msc.org or visit our social media pages:

Twitter: [View Image]https://twitter.com/MSCecolabel?lang=en

Instagram: https://www.instagram.com/mscecolabel_sg/

Facebook: [View Image]https://www.facebook.com/MSCinSingapore

LinkedIn: https://www.linkedin.com/company/361644/admin/

YouTube: [View Image]https://www.youtube.com/channel/UCOyikbSTLVihdPaJ1CxeqRQ?view_as=subscriber

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