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Bitcoin's dirty little secret: It's not easy being green

Bitcoin’s dirty little secret: It’s not easy being green We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Depending on who you ask bitcoin, the digital currency at the heart of the crypto craze is either a currency or a commodity, a speculative bubble or a safe tool for storing and building wealth. One thing everyone agrees on is that it has become a staggering consumer of energy and producer of climate wrecki...
United States New South Wales United Kingdom Sam Mooy Jack Dorsey Sean Foley

Survitec Completes £270 Million Refinancing In Private Debt Market | Hellenic Shipping News Worldwide

Survitec Completes £270 Million Refinancing In Private Debt Market Global safety solutions leader Survitec announced today that it has completed a £270 million refinancing with funds managed or advised by the Credit Group of Ares Management Corporation (“Ares”), a leading global alternative investment manager. Ray Leclercq, Survitec’s Chief Financial Officer said, “Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business. Th...
Ray Leclercq Daniel Sinclair Ralf Ackermann Credit Group Of Ares Management Corporation Mg Plc Ares Credit Group

Trans creators say TikTok has a transphobia problem

Most of the comments appeared to come from young, straight, cisgender men who misgendered her, she said. For these types of comments, Brickham said, she often visited the commenters profile to educate them. "I just kind of deal with it with a factual, straightforward approach," she said, adding that she often tells transphobic commentators they dont have the "credentials" to make claims about her gender. In one more egregious comment that Brickham reported, a TikTok user said it was a "shame" t...
New York United States Madelyn Whitley Fletcher Furst Aiden Mann Eric Han

IFA company receives backing to fund M&A spree

Deal will ‘increase the capital available for acquisitions to over £100m’ Ascot Lloyd has obtained financing from funds managed by the credit group of global alternative investment manager Ares Management Corporation. The financial terms of the funding were not disclosed. The financing will be used to support Ascot Lloyd’s growth strategy and will “further increase the capital available for acquisitions to over £100m” ($140m, €116m). In 2020, Ascot Lloyd completed 12 acquisitions,...
United Kingdom Federico Alvarez Demalde Daniel Sinclair Nigel Stockton Ares Management Corporation Ascot Lloyd

Ascot Lloyd grows war chest to £100m after deal with US investment group

Ascot Lloyd grows war chest to £100m after deal with US investment group Made 12 acquisitions in 2020 The financing comes from the credit group of Ares Management, a US-based global alternative investment manager. National IFA Ascot Lloyd now boasts a war chest for acquisitions of more than £100m after striking a financing deal with a US-based investment manager. The financing deal follows a 2020 full of acquisitions for IFA after it bought 12 firms, adding more than £6.5m in EBITDA to the g...
United Kingdom Daniel Sinclair Nigel Stockton Ares Management Ascot Lloyd Your Profession

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