Alternative Investment and Lending Specialists, ITERAM Capital and Menara Capital, Enter Into a Strategic Partnership
GENEVA, Dec. 20, 2021 (GLOBE NEWSWIRE) -- ITERAM Capital SA, an independent alternative asset manager, and Menara Capital Ltd, an innovative financial services company, today announced that they are entering into a strategic partnership to accelerate the growth and momentum of their lending and financing activities.
“This strategic partnership will leverage both companies’ complementary skills in asset management and transactional finance to drive our growth in private markets through strong synergies in sourcing, structuring, underwriting and investing”, commented Manuel Garzelli, CEO of ITERAM Capital. Since 2015, ITERAM and Menara have been helping businesses to obtain innovative lending and financing solutions to support their growth and working capital needs as traditional banks have limited lending activities due to tightening regulatory capital rules.
By combining established relationships with the extensive expertise built over prestigious institutional and banking firms, the partnership will expand the existing financing capabilities by providing tailored solutions specific to each business needs and further strengthen the team’s footprint as a leading alternative lender. Youssef Sabri, CEO of Menara Capital added: “Through this partnership, businesses will be able to benefit from an additional source of funding from an alternative lending specialist. Companies increasingly need tailored financing solutions in areas ranging from working capital to transactional financing and equipment leasing.”
The collaborative approach between ITERAM and Menara will also benefit investors with the development of a diversified and comprehensive private debt offering ranging from thematic and multi-sector fund structures, to co-investments and direct investment opportunities. It will provide high quality alternative investment solutions as both companies have a strong track-record and a history of attractive risk-adjusted returns. This partnership will make private markets more accessible to investors through an institutionalised platform with hubs in Geneva, Paris and London.
ABOUT ITERAM CAPITAL
ITERAM Capital SA, based in Geneva (Switzerland), was established in 2015 and is regulated and authorised by FINMA as a licensed asset manager of collective investment schemes and as a Representative agent of foreign collective investment schemes to qualified investors in Switzerland. The company acts as investment manager for several Luxembourg based funds and offers alternative investment advisory, financing and research services. More information is available at www.iteramcapital.com.
ABOUT MENARA CAPITAL
Menara Capital, based in Paris (France) and London (UK), was established in 2015 and is a FCA regulated financial advisory firm active in the private debt market. Menara was set up to respond to the growing funding gap left by large banks and other traditional lenders following the financial crisis and new regulatory changes. More information is available at www.menaracapital.com.
Contact:
Debora Lettieri
+41 22 552 23 44
dl@iteramcapital.com
Mourad Amellal
+33 6 43 83 53 52
mamellal@menaracapital.com
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Aspocomp’s Interim Report January 1 – March 31, 2024: Net sales and operating result decreased from the comparison period18.4.2024 07:00:00 CEST | Press release
Aspocomp Group Plc, Interim Report, April 18, 2024, at 8:00 a.m. (Finnish time) FIRST QUARTER 2024 HIGHLIGHTS Net sales EUR 6.2 (8.9) million, decrease of 30%Operating result EUR -1.6 (0.3) million, -25.9% (3.8%) of net salesEarnings per share EUR -0.24 (0.04)Operative cash flow EUR -2.0 (1.6) millionOrders received EUR 7.5 (13.7) million, decrease of 45%Order book at the end of the review period EUR 11.8 (19.1) million, decrease of 38%Equity ratio 64.5% (72.9%) OUTLOOK FOR 2024 Inflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year. The company estimates that the demand in the Semiconductor segment will gradually recover starting from the first half of 2024, while at the same time unloading high inventory levels in various parts of the value chain. In order for investme
Nokia Corporation Interim Report for Q1 202418.4.2024 07:00:00 CEST | Press release
Nokia Corporation Interim report 18 April 2024 at 08:00 EEST Nokia Corporation Interim Report for Q12024 Strong cash flow and improving orders despite market weakness As expected, a slow start to 2024 with net sales declining 19% y-o-y in constant currency (-20% reported) in Q1.Environment still challenging but order trends continue to improve year-on-year, particularly in Network Infrastructure.Comparable gross margin in Q1 increased by 1 090bps y-o-y to 48.6% (reported increased 1 040bps to 47.9%). Strong contribution from Nokia Technologies which benefited from significant catch-up net sales, in addition to significant improvements in Mobile Networks due in part to regional and product mix. Q1 comparable operating margin increased 460bps y-o-y to 12.8% (reported up 130bps to 8.6%), as licensing catch-up net sales more than made up for low net sales coverage of operating expenses impacting other business groups.Q1 comparable diluted EPS of EUR 0.09; reported diluted EPS of EUR 0.08.Q
Mowi ASA (OSE:MOWI): Q1 2024 Trading update18.4.2024 06:30:00 CEST | Press release
Harvest volumes Q1 2024 (1) Farming Norway55.0 thousand tonnesFarming Scotland14.5 thousand tonnesFarming Chile12.5 thousand tonnesFarming Canada8.5 thousand tonnesFarming Ireland1.0 thousand tonnesFarming Faroes2.5 thousand tonnesFarming Iceland (Arctic Fish)2.5 thousand tonnesTotal96.5 thousand tonnes Note: (1) The harvest volumes are provided in gutted weight equivalents (GWE). Additional information Operational EBIT for the Group was approximately EUR 201 million in Q1 2024. Blended farming cost was EUR 6.05 per kg in the quarter. Issues with winter sores and string jellyfish have resulted in low superior share and average size on fish harvested in Norway. This has impacted price and cost performance accordingly. Total Q1 Operational EBIT per kg through the value chain was approximately as follows: NorwayEUR2.50ScotlandEUR2.20ChileEUR0.95CanadaEUR(0.25) IrelandEUR3.90FaroesEUR3.50IcelandEUR3.80 Operational EBIT in Consumer Products was EUR 24 million. Operational EBITDA in Feed was
Unveiling the 8th Future Investment Initiative’s theme: "Infinite Horizons: Investing Today, Shaping Tomorrow"17.4.2024 23:07:59 CEST | Press release
RIYADH, Saudi Arabia, April 18, 2024 (GLOBE NEWSWIRE) -- The Future Investment Initiative (FII) Institute is excited to announce the theme for its upcoming 8th edition of the FII conference, scheduled for October 29-31, 2024, at the prestigious King Abdulaziz International Conference Centre (KAICC) in Riyadh, Saudi Arabia. Under the captivating theme ‘Infinite Horizons: investing today, shaping tomorrow’, FII8 will ignite discussions on how investment can serve as a catalyst for a prosperous and sustainable future, pushing the boundaries of what is possible for humanity. FII8 promises to be a melting pot of innovative ideas, bringing together global leaders, entrepreneurs, political leaders, media and decision-makers in finance, AI, sustainability, energy, geoeconomics, space and beyond. By focusing on the theme of ‘Infinite Horizons’, this year’s conference will challenge attendees to think beyond conventional limits and explore investment opportunities that can bridge current challen
HMS Networks completes a placement of 3,500,000 shares, raising proceeds of SEK 1,400 million17.4.2024 22:45:00 CEST | Press release
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. THIS ANNOUNCEMENT IS NOT A PROSPECTUS AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO PURCHASE THE SECURITIES DESCRIBED HEREIN, NOR SHALL THERE BE ANY SALE OF THE SECURITIES REFERRED TO HEREIN, IN OR INTO ANY JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. HMS Networks AB (publ) (“HMS” or the "Company") has, based on authorisation from the extraordinary general meeting on January 26, 2024, resolved to carry out a placement of 3,500,000 newly issued