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HoldCo Nominates Five Candidates for Boston Private Financial Holdings Board


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HoldCo Asset Management, LP and its managed funds (collectively, “HoldCo”), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (“Boston Private,” “BPFH,” or the “Company”), representing approximately 4.9% of the Company’s outstanding shares, today announced that it has submitted a notice of its intention to nominate up to five highly-qualified candidates for election to the Boston Private Board of Directors (the “Board”).
Vik Ghei and Michael Zaitzeff, Co-Founders of HoldCo, said, “We agree with the Board of Boston Private that the best way to maximize value for shareholders is to pursue a sales process. It is critical, however, that any such process be carried out with integrity and appropriate oversight. Based on what we know at this stage, we do not believe that this was true of the process that led to Boston Private ....

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Rare, never-before-seen Chanel jewelry expected to fetch over $163,000 at auction


Rare Chanel jewelry given to New York socialite Susan Gutfreund by designer Karl Lagerfeld himself is expected to fetch over $163,000 as part of $7.4M auction of her belongings, five years after her financier husband s death
Christie s 106-piece haul of designer haul of Chanel jewelry will be up for auction from January 14 to 29
The items are being put up for auction by Manhattan socialite Susan, who was friends with Lagerfeld and amassed many pieces of now-vintage jewelry
They were created during some of [Lagerfeld s] most prolific years at Chanel, and some are one-of-a-kind
The auction is also set to include decor from the 12,000-square-foot Fifth Avenue apartment that Susan sold for $53 million after her husband s death  ....

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