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CHCI Visits Silicon Valley, Pushes for Latino Diversity in Tech Sector

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CHCI Visits Silicon Valley, Pushes
for Latino Diversity in Tech Sector

WASHINGTON,
June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The Congressional Hispanic
Caucus Institute (CHCI) led a delegation of its board of directors and advisory
council, including Hispanic members of Congress, for a Tech Community Summit in
Silicon Valley, hosted by Google, on Friday, June 5, 2015.  In addition to
the Summit, the CHCI delegation held high level meeting with tech
companies.   Last year, after mounting pressure from diversity
advocates, leading technology companies made public their gender and race
employment statistics, revealing a startling diversity gap, with Latinos being
one of the most underrepresented minorities.  The numbers revealed on
average that top technology companies had less than 4 percent of Latinos in
their workforce.

"We
need each other and need to work together to address these very low
numbers," said Rep. Linda T. Snchez, CHCI Chair. "I applaud the
companies who have shared their employment figures what gets measured gets
results.  We know that the tech sector is fueling job growth.  The
Bureau of Labor Statistics estimates there will be approximately one million
newly created STEM jobs in the next 10 years.  That corresponds with an
increase of 16 million Latinos in the same period.  Latino talent can fuel
these employment ranks."

The
Tech Community Summit included Latino representatives of Silicon Valley
technology companies, start-ups, non-profits and associations, joining CHCI’s
board and advisory council for roundtable discussions to address how best to
develop a pipeline of Latino talent in the tech sector.

The
conversation continued with high level discussions at several of Silicon
Valley’s top companies to advance Latino diversity and address how technology
companies can work towards better outcomes by:

  • Replicating
    successful STEM and Tech programs in K-12 programs
  • Investing
    in higher education and Hispanic Serving Institutions
  • Strengthening
    recruitment and retention strategies, including investing in paid
    scholarships and internships
  • Supporting
    Latino start ups and looking to Latino firms
    through procurement process
  • And
    increasing Latino representation on their boards

Watch Esther Aguilera discuss efforts to increase Latino
diversity in Silicon Valley on MSNBC here.

"We
advocated for a comprehensive approach and critical investments so talented
young Latinos can gain access to this critical job sector," said Esther
Aguilera, CHCI President & CEO.  "Silicon Valley does not need to
look very far to recruit more Latinos and CHCI hopes to partner with them to
ensure they are providing jobs not only for coders and engineers, but in
marketing, law, human resources, and the many other areas of work they
employ."

CHCI
has invited the technology companies to continue the conversation at its Public
Policy Conference in Washington, D.C., this October 6-7.

About CHCI
CHCI is the premier Hispanic nonprofit
and nonpartisan 501(c)(3) leadership development
organization in the country that educates, empowers, and connects Latino youth
by providing leadership development programs and educational services. CHCI
directly impacts the lives of more than 1,700 students and young
professionals each year through its fellowships
congressional
internships
scholarshipsReady to Lead (R2L)
college readiness program, and R2L
NextGen
 program. CHCI
NextOpp
is its latest resource allowing young Latinos to save, search and
share life-changing opportunities for Latinos across the United States. The CHCI
Board of Directors
is comprised of Hispanic members of Congress, nonprofit,
union and corporate leaders. Visit www.chci.org, or join us on Facebook,
TwitterLinkedInYouTube,
and Instagram.

New Reltio Study Reveals More Than Half of All Life Sciences Companies Now ‘Data-Driven’

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New Reltio
Study Reveals More Than Half of All Life Sciences Companies Now ‘Data-Driven’

 

Product
development, customer satisfaction cited as top priorities in first-of-its-kind
research initiative spanning biotech, pharma and medical device

REDWOOD
SHORES, Calif., June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Reltio,
the enterprise data-driven applications and modern data management
company
, today released the findings of a new study that dramatically
illustrates the life sciences industry’s move toward optimizing the use of
data. Of the companies surveyed, 55% describe themselves as ‘very data-driven,’
with new product development and customer satisfaction cited as the top
business priorities. However, the study the only research effort dedicated to
the priorities and use of data across biotech, pharma and med device in life
sciences also underscores the need and potential for significant growth. While
almost 70% of biotech and pharma companies say they’re now using data very
effectively, only 30% of medical device companies consider themselves in this
category.

Photo
http://photos.prnewswire.com/prnh/20150610/222067-INFO

"What
this research clearly indicates is that while the discipline is evolving, it’s
still far from mature," said Ramon Chen, vice president of Marketing, Reltio. "Data is the lifeblood of life sciences and
forward-thinking organizations fundamentally understand that every internal
team, not just marketing, needs a comprehensive view across all information
sources to help understand markets, drive revenue opportunities and reduce risk
exposure through actionable, real-time predictive insights."

As
the survey demonstrates, more than 70% of data now comes from external sources,
including third party providers, as well as public and social media feeds. When
combined with internal data, the sheer volume necessitates technology that can
guarantee data reliability, in order to uncover relevant insights across
datasets. Specifically, almost three-quarters of the respondents, 74%, are
worried that their data is incomplete or missing, while 50% say that insights
are not actionable. A surprising number, 28%, report that they still have siloed data despite having an existing master data
management (MDM) solution. Interestingly only 4% have put any mission-critical
data into a Big Data Lake or Hadoop, highlighting the complexity and skilled
resources needed to create such environments, despite its growing popularity.

An
Industry in Transition

"These
numbers offer a sharp picture of where the life sciences industry is now with
regard to the use of data, but it’s equally clear that this is a dynamic
discipline a year from now, there will be far more companies describing
themselves as very data-driven," said Eric Newmark,
program director, IDC Health Insights. "Those that don’t are missing out
on critical opportunities, and they do so at their own peril."

Drilling
down into the numbers, it’s clear that patient data is becoming increasingly
critical. In fact, a significant majority, 71%, of those who rated new product
development and product launch as a top business
priority also cited the need for quality patient data. Meanwhile, those who
rated customer satisfaction as a top business priority rated customer
affiliation and interaction data as the most-needed datasets.

The
survey highlights the different priorities of diverse industry segments.
Specifically, the prioritized data needs of biotech and pharma include patient;
market research; R&D and sales. Whereas for medical device, the focus is
on: customer interactions; sales; and market research.

Opportunities
for Growth

One
optimistic sign in the study is that companies are thinking beyond data
quality. While reliable data is now expected as a foundation for data
management and analytics, respondents also want to get a better idea of how
business is affected by market and customer dynamics. Correspondingly, they
want to identify and interact with key influencers, and gain a shared single
view of an increasingly complex customer, which can consist of healthcare
organizations (HCO) and healthcare professionals (HCP) as part of Integrated
Delivery Networks (IDN).

The
Reltio survey concludes with the top areas of
investment in the next 18 months. For biotech it’s MDM; Big Data &
Analytics; CRM; and spend reporting. For pharmaceuticals, it’s Big Data & Analytics;
Key Account Management (KAM); CRM; and MDM. Finally, for medical device, the
ranking is CRM; Big Data & Analytics; KAM; and MDM. While the priority
order varies by industry segment, the same core needs are reflected in the
responses.

Finally,
the Reltio study offers a view into the purchasing
processes followed by the different organizations. As the use of data has
gained in importance throughout the enterprise, there has also been a
corresponding shift in responsibilities related to technology acquisitions.
When asked who makes the final software purchasing decision in the
organization, 50% of the respondents say that IT and business make it jointly,
32% cite business, and 18% single out IT.

Reltio’s survey, named the "Data-driven Pulse of
Life Sciences," will be an annual study contrasting the industry’s
data-driven evolution and progress. "We believe new data-driven
applications will allow information to become more accessible across the
enterprise. This will lead groups to be more agile, collaborate in real-time,
ultimately sharing insights that lead to better outcomes," said Chen.
"This is just the beginning, and the best is yet to come."

A
high-resolution version of the 2015 Data-driven Pulse of Life Sciences
infographic is available for download at http://www.reltio.com/solutions/life-sciences/

Social
Networks – follow us on:

About
Reltio
 
Reltio delivers reliable data, relevant insights and
recommended actions so companies can be right faster. Reltio
Cloud combines data-driven applications with modern data management for better
planning, customer engagement and risk management. Reltio
enables IT to streamline data management for a complete view across all sources
and formats at scale, while sales, marketing and compliance teams use
data-driven applications to predict, collaborate and respond to opportunities
in real-time. Companies of all sizes, including leading Fortune 500 companies
in healthcare and life sciences, distribution and retail rely on Reltio. For more information, visit www.reltio.com.

Reltio, Reltio Cloud, Reltio Data-Driven Applications, Be Right Faster are all
trademarks or registered trademarks of Reltio Inc.
All other names and trademarks are property of their respective firms.

Florida State Hispanic Chamber of Commerce Files Brief Opposing the Proposed Solar Language to Amend Florida’s Constitution

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Florida State Hispanic Chamber of
Commerce Files Brief Opposing the Proposed Solar Language to Amend Florida’s
Constitution

LAKE
WORTH, Fla., June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The Florida State
Hispanic Chamber of Commerce today filed its initial brief opposing the
language of the Solar Ballot initiative to amend the Florida Constitution
proposed by Floridians for Solar Choice.  Florida’s Attorney General Pam
Bondi requested in May that the Florida Supreme Court issue an advisory opinion
concerning the validity of the proposed language.

The
Florida State Hispanic Chamber of Commerce, which represents 80,000 Hispanic
owned businesses in Florida, is greatly concerned that the current ballot
language does not inform the voter of the price increases to their electrical
bill that would occur if the Solar Amendment is approved.  As the brief
filed today states, "A citizen may want to vote "yes" to
increase solar choice, but the vote may be "no" if the ballot fully
informed the voters of the potential adverse consequence on overall electric
rates or the other issues that may arise from granting exempt status to 
the Solar Providers."  "Voters have a right
to know exactly what they are voting on.  Excluding critical information
can alter the outcome of the vote," stated Julio Fuentes, President and
CEO of the Florida State Hispanic Chamber of Commerce.

The
Chamber is also concerned with potential public safety and operational issues
because the proposed ballot language seeks to exempt solar providers from all
current regulatory provisions, resulting in a lack of oversight and protection
to the consumer.  For example, in the event of a hurricane, should the
proposed ballot measure win, the solar provider is exempt from the current
requirements concerning safety measures or restoration of service.
 "Again, voters should clearly know from the ballot language the
consequences resulting from deregulating the solar industry; it’s a matter of
common sense and consumer protection," reiterated Fuentes.

In
the brief the Chamber highlights its support for alternative energy
initiatives, and concludes that, although it may be well-intentioned, the
proposed ballot language misleads the voter concerning current Florida law and
the adverse consequences for the consumer should the Solar Ballot Amendment
prevail.  "It is my hope that Florida’s Supreme Court thoroughly
reviews the concerns raised in our initial brief and issues an opinion that
protects the voter and all Florida consumers," concluded Mr. Fuentes.

CONTACT:
Luana Gonzcalves
954-415-8982    
[email protected]  

Herradura’s ULTRA Tequila Makes Debut In The U.S.

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Herradura’s ULTRA Tequila Makes Debut In The U.S.

“Beyond Smoothness” Crystal-Clear Añejo and Extra Añejo Blend Now Available in Sunbelt States


LOUISVILLE, Ky., June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Casa Herradura announces the launch of its latest product extension and innovation, Herradura ULTRA. Casa Herradura’s Añejo tequila provides the base for Herradura ULTRA. The Añejo is blended with premium Extra Añejo that has been aged for up to 49 months in American White Oak barrels.  A subtle hint of agave nectar is added before the liquid is filtered, creating a rich, crystal-clear tequila with a full-bodied flavor and ultra-smooth taste.

“ULTRA offers a ‘Beyond Smoothness’ taste to consumers in-the-know who are looking to celebrate with friends in a high-energy setting,” said Liz Edwards, senior brand manager for Tequila Herradura. “Our portfolio already includes premium tequilas that consumers view as a symbol of their sophistication; however we were missing a tequila that celebrated with our consumers during their nightlife experiences. After a successful launch in Mexico, we are confident that ULTRA will deliver on U.S. consumers’ expectations.”

The launch of ULTRA is being supported with a full marketing campaign. In addition to product rollout in key markets in June, the brand plan includes on-premise sampling, bartender trainings, ATL campaign, public relations, as well as digital and social media efforts.

The suggested way to enjoy ULTRA is stirred with ice and once chilled, served neat in a shot glass. The ultra-smooth tequila will be priced at parity with other luxury tequila brands and available for purchase at on-premise accounts in select markets including: California, Florida, Georgia, Nevada and Texas.

Tasting Notes for Herradura ULTRA
Color: Platinum
Taste: Subtle notes of cooked agave with hints of caramel, vanilla, wood, honey, dried fruits, and toasted almonds
Finish: Easy, pleasant, beyond smoothness

About Tequila Herradura   

Tequila Herradura is an ultra premium 100% agave tequila crafted by Casa Herradura using traditional production methods such as the most mature blue agave, clay ovens, and fermenting naturally with wild yeast. Only naturally occurring airborne yeast produced by the agave plantations and fruit trees surrounding the distillery influence the fermentation process. Casa Herradura is one of Mexico’s most historic and renowned tequila producers. Casa Herradura has been hand harvesting, producing and estate bottling fine tequilas from the small town of Amatitán, Jalisco since 1870. For more information, visit www.Herradura.com.

HERRADURA'S ULTRA TEQUILA MAKES DEBUT IN THE U.S.

Photo – http://photos.prnewswire.com/prnh/20150608/221640

 


Andres Conesa, CEO of Aeromexico, New IATA Chairman

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Andres Conesa, CEO of Aeromexico, New IATA Chairman


– Dublin Venue for IATA’s Next AGM-


MIAMI, June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The International Air Transport Association (IATA) announced that Andres Conesa, CEO of Aeromexico, has assumed his duties as Chairman of the IATA Board of Governors for a one-year term, effective immediately. Conesa is the first Mexican to hold this position.

Logo – http://photos.prnewswire.com/prnh/20130315/MX77534LOGO

Conesa succeeds Calin Rovinescu, CEO of Air Canada, whose one-year term expired at the conclusion of the Association’s 71st Annual General Meeting (AGM) and World Air Transport Summit in Miami, Florida. Rovinescu will continue to serve on the Board of Governors and the Chair Committee.

Conesa has led Aeromexico, Mexico’s largest airline, since 2005 after a career spanning several key finance-related posts in the Mexican public administration. Conesa has served as a member of the IATA Board of Governors since 2008.

“I look forward to taking up the challenges of leading the IATA Board of Governors in the 70th year of this invaluable association. It will be a challenging task in the run-up to the important decisions on climate change which will be taken by governments at the Assembly of the International Civil Aviation Organization (ICAO) in 2016. IATA plays a vital role in the aviation industry managing global settlement systems, spearheading global advocacy efforts and constantly evolving the global standards on which aviation relies. I am eager to work closely with Director General and CEO Tony Tyler and the entire IATA team to promote the better understanding of aviation among our key stakeholders and to help drive forward important initiatives that will make it ever safer, more efficient and sustainably profitable,” said Conesa.

“I want to extend a hearty thanks to Calin for his strong support and leadership. It was a year of many challenges. In particular he provided insightful guidance as we grappled with diverse challenges including aircraft tracking, overflight of conflict zones, Ebola and the continuing issue of blocked funds in Venezuela. And, on his watch, we received approval from the US Department of Transportation for the New Distribution Capability which will enable a major modernization of the shopping experience for air travel products,” said Tony Tyler, IATA’s Director General and CEO.

 “I have every confidence that Andres will continue the IATA tradition of strong leadership in the important position of Chairman of the Board of Governors. We will have a busy year ahead as NDC transitions from pilots to the deployment phase, while we continue to work with ICAO on information sharing on conflict zones and the aircraft tracking implementation initiative. His international perspective will be key as we put detail to the industry position on market-based-measures for the environment. And, as ever, we can be sure that there will be some surprises as well,” said Tyler.

IATA also announced that the Board of Governors Willie Walsh to serve as its Chairman from June 2015 following Conesa’s term.

The AGM concluded with an announcement that Aer Lingus will host the 72nd IATA Annual General Meeting and World Air Transport Summit in Dublin 1-3 June 2016.

“We are pleased to be bringing aviation leaders from around the world to Dublin. Air transportation plays a vital role in Irish social and economic life and the Irish have a proud history of contribution to the development of our global industry. We look forward to welcoming you to our capital city and providing you with the opportunity to enjoy the hospitality for which Dublin is renowned. Delegates will find a warm welcome, a vibrant city and a great venue for their AGM,” said Stephen Kavanagh, CEO of Aer Lingus.

– IATA –

Notes for Editors:

  • IATA (International Air Transport Association) represents some 260 airlines comprising 83% of global air traffic.
  • You can follow us at http://twitter.com/iata2press for news specially catered for the media. You can follow news on the AGM at #IATAAGM
  • More media resources from the AGM, including b-rolls, are available at www.iata.org/agm-news


Peter Coyote In Person to Introduce the San Francisco Premiere of Girl On the Edge

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Peter Coyote In Person to Introduce the San Francisco Premiere of Girl On the Edge

2nd Annual REEL Recovery Film Festival & Symposium – San Francisco Bay Area Kicks-Off Thursday 6/11/15 @ New People Cinema 


SAN FRANCISCO, June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — San Rafael-based Alcohol Justice and Studio City-based Writers In Treatment announced today that actor Peter Coyote would introduce his new film Girl On the Edge to kick-off the 2nd Annual REEL Recovery Film Festival & Symposium – San Francisco Bay Area Edition. The four-day event will screen 18 select feature-length and short, fictional and factual alcohol and drug addiction-themed films in 14 sessions at two locations with a goal of engaging audiences with honest stories about the disease as well as the hope and opportunity for recovery. There will be expert panel discussions following most of the sessions.

Logo – http://photos.prnewswire.com/prnh/20110727/DC41105LOGO

Girl on the Edge, follows the journey of a young girl struggling with the aftermath of a horrific trauma, the toll that it takes on her family and the last chance she has to overcome it in the most unlikely of places. A post-screening Q&A will take place with Producer/Director Jay Silverman, and actor Mackenzie Phillips. Immediately following there will be a VIP Reception at the Hotel Kabuki with live music by singer/songwriter Elizabeth Edwards.

The festival ends on Sunday June 14, 2015 with a Robin Williams Tribute, featuring a screening of his 1998 movie Patch Adams. The film will be followed by Comedians Into Recovery, live standup performances by three of Williams’ fellow comedians, Johnny Steele, Mark Ludholm, and Barry Diamond, with Jan Wahl as MC.

Tickets to these events and everything in-between are available exclusively through BrownPaperTickets.com. For more information about the festival, and to view a PSA featuring Michael Pritchard, go to: FilmFestSFBay.org “The ticket price for most of the sessions is just $10,” stated Michael Scippa, director of the event. “But if there are seats available we’ll allow anyone admittance regardless of their ability to pay.”

Alcohol Justice and Writers In Treatment are producing the festival with generous support from the San Francisco Sheriff’s Department, Duffy’s Napa Valley Rehab, Center Point, Inc., West America Bank, Kaiser Permanente Community Benefits Programs – Marin/Sonoma Area, Marin County Mental Health Substance Use Services, Ghilotti Construction Company, KRON-TV, the Michael Basso Foundation, Muir Wood Adolescent and Family Services, KPOO-FM, North Bay Recovery Center, Hotel Kabuki, Book Passage Book Store, and many Bay Area individuals and families.

For media availability of filmmakers please contact Michael Scippa at 415 257-2490 or [email protected]

Contact: Michael Scippa 415 257-2490
Jorge Castillo 213 840-3336

 


Fidelis Insurance Raises Approximately $1.5 Billion In Initial Capital From Leading Investors; Innovative Hybrid Model Designed To Maximize Return On Equity

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Fidelis Insurance Raises Approximately $1.5 Billion In Initial Capital From Leading Investors; Innovative Hybrid Model Designed To Maximize Return On Equity

– Industry Veterans Richard Brindle and Neil McConachie to Lead Company

– Crestview Partners, CVC Capital Partners and Pine Brook are Founding Investors


HAMILTON, Bermuda, June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Fidelis Insurance Holdings Limited (“Fidelis” or “the Company”), a newly-formed specialty insurance and reinsurance provider employing an innovative model to optimize both the underwriting and asset sides of the balance sheet, today announced that it has secured approximately $1.5 billion in equity capital. This marks one of the largest industry capital raises ever, and immediately makes Bermuda-based Fidelis an important new underwriter in the global market. The Company has received an A.M. Best rating of A- (Excellent).

Fidelis was founded and will be led by two renowned industry veterans: Richard Brindle, who will serve as Group Chief Executive Officer and Chief Underwriting Officer, and Neil McConachie, who will be Group Chief Financial Officer. Previously, both Brindle and McConachie successfully built Lancashire Holdings from a startup to a London Stock Exchange-listed $2.4 billion market cap company that consistently outperformed its peers.

The founding investors are funds of Crestview Partners, CVC Capital Partners, and Pine Brook, private equity firms with deep financial services expertise who have invested a combined $650 million. Principals from all three firms backed members of the Fidelis team at their previous companies. The remainder of the capital investment comes from individual investors, family offices and institutional investors. The total capital raised was comprised of both preferred and common equity.

“We are very excited to introduce a new, stronger model to the insurance industry with Fidelis,” said Brindle. “By focusing on either assets or liabilities, legacy insurance models have failed to optimize shareholder returns, and the low returns generated by fixed income investments have been challenging. Fidelis will pursue a total return strategy by tactically shifting capital and risk between insurance and investments to maximize our return on equity across market cycles. We hope that others follow this model, as we strongly believe it will be very good for the industry, resulting in more responsible and less volatile underwriting.”

“But we are first and foremost an underwriting company,” Brindle continued. “We have a vastly experienced management team that is strongly supportive of the traditional broker distribution network and has, over decades, developed many strong broker and client relationships. These relationships will sit at the heart of everything we do at Fidelis.”

In contrast to reinsurers who give exclusive investment manager mandates to their hedge fund owners, Fidelis will allocate capital to top-tier managers running more diverse strategies that are well-suited to different parts of its book, and will have the ability to change managers and allocations. Fidelis Chief Investment Officer Edward Russell will manage the investment portfolio under the direction of the Investment Committee, working closely with advisor Goldman Sachs’ Alternative Investments & Manager Selection (AIMS) Group.

“In addition to seeking returns that outperform peers, we believe the diversification in assets will protect Fidelis against financial market volatility better than a single-manager strategy would,” said McConachie. “Optimizing across hard and soft underwriting markets, as well as through different investment cycles makes Fidelis not only a strong new player, but also very attractive for investors looking to reduce downside risk.”

Fidelis will underwrite a book of insurance and reinsurance business principally in the property, energy, marine and aviation risk classes. The Company expects to begin underwriting immediately.

Fidelis was advised by Clifford Chance US LLP and PricewaterhouseCoopers LLP. In addition, Goldman, Sachs & Co. acted as a financial advisor to Fidelis and as the placement agent for the capital raise. Crestview Partners and Pine Brook were advised by Skadden, Arps, Slate, Meagher & Flom LLP, and CVC Capital was advised by Cadwalader, Wickersham & Taft LLP, AON Securities Inc. and KPMG LLP.

About Fidelis Insurance
Fidelis Insurance Holdings Limited is a privately owned Bermuda-based holding company, which, through its wholly-owned subsidiaries, is a global provider of specialty insurance and reinsurance products for property, energy, marine and aviation risk classes. Fidelis employs a total return strategy by tactically shifting capital and risk between insurance and investments to maximize the return on equity across market cycles. Fidelis is rated A- (Excellent) by A.M. Best Company, Inc. Additional information regarding Fidelis may be found at www.fidelisinsurance.com.

About Crestview Partners
Founded in 2004, Crestview Partners is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with over $7 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview’s senior investment professionals primarily focus on sourcing and managing investments in each of the specialty areas of the firm: energy, financial services, healthcare, industrials and media. For more information, please visit www.crestview.com.

About CVC Capital Partners
CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC today has a network of 22 offices and over 300 employees throughout Europe, Asia and the US. CVC has a dedicated global financial services team with deep property and casualty insurance expertise, having led investments in a number of successful insurance and reinsurance companies in Bermuda, the United States and the United Kingdom. To date, CVC has secured commitments of over $79 billion in funds from a diverse and loyal investor base, completing over 300 investments in a wide range of industries and countries across the globe, with an aggregate transaction value of over $120 billion. For further information about CVC please visit: www.cvc.com.

About Pine Brook
Pine Brook is an investment firm that manages more than $6.0 billion of limited partner commitments that makes “business building” and other equity investments, primarily in energy and financial services businesses. Pine Brook’s team of investment professionals collectively has over 300 years of experience financing the growth of businesses with equity, working alongside talented entrepreneurs and experienced management teams to build businesses of scale without relying on acquisition leverage. For more information about Pine Brook, please visit the company’s web site at www.pinebrookpartners.com.

Note Regarding Forward-Looking Statements
Certain information contained in this release constitutes “forwardlooking statements,” which can be identified by the use of forwardlooking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the Company may differ materially from those reflected or contemplated in such forwardlooking statements. The company undertakes no obligation to update any such forward-looking statements resulting from any change in facts or circumstances or new developments.

All references to “$” are to U.S. Dollars.


Ticketmaster Boosts Festival And DIY Ticketing Services Through Acquisitions Of Front Gate Tickets And Universe

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Ticketmaster Boosts Festival And DIY Ticketing Services Through Acquisitions Of Front Gate Tickets And Universe


LOS ANGELES, June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Ticketmaster is continuing to expand its ticketing offerings in the festival and DIY verticals through two separate transactions to acquire festival ticketer Front Gate Tickets and DIY ticketing platform Universe. These strategic acquisitions will allow Live Nation to greatly expand its services in the rapidly growing festival and DIY event markets, while accelerating its strategy to provide its clients across all verticals with the largest and most flexible distribution network through which to engage fans and sell tickets.

“Ticketmaster provides the world’s largest ticketing marketplace, connecting over 450 million fans with their favorite artists and other live events each year. Front Gate and Universe have built innovative platforms for their respective verticals, and combined with Ticketmaster’s marketing and distribution capabilities we will be able to deliver the best experience for even more fans and artists. The companies continue to build on our commitment to provide the best solution for each segment of the ticketing landscape, combining the specific needs for each occasion with the power of our global marketplace,” said Live Nation Entertainment President and CEO, Michael Rapino. 

“We are dedicated to maintaining Front Gate’s fan-focused philosophy and targeted festival-specific functionality. Universe’s advanced DIY ticketing and event marketing platform will not only provide event organizers with amazing tools to manage their events, but their plug-and-play distributed commerce and analytics products will also benefit clients across the entire Ticketmaster portfolio, including festivals,” said Jared Smith, President of Ticketmaster North America.

Front Gate Tickets was founded in 2003 as an alternative ticketing service for venues in Austin, Texas, and has quickly become one of North America’s leading festival ticketing platforms. Its clients include such top-tier music events as Coachella, Austin City Limits, Electric Forest, The Governors Ball Music Festival, Lollapalooza, RBC Royal Bank Bluesfest and X Games, to name a few. The company also leverages its technologies to help brands connect with highly engaged festival-goers, a service that will perfectly complement Live Nation’s integrated live-music sponsorships network.

Additionally, Front Gate Tickets offers features specifically tailored to the festival market, including RFID-powered access control, experiential marketing and cashless POS systems that streamline festival entry, sponsorship activations, and concession sales, benefiting organizers, partners and fans alike. In 2014, Front Gate processed over $300 million in sales, sold over 3 million tickets, shipped over 1 million wristbands and scanned over 2.5 million RFID chips.

Universe is a DIY ticketing company that provides event organizers with powerful and easy-to-use marketing and management tools. Its unique ticket-sales platform allows event organizers to embed a customizable Buy Now button to sell tickets on any website with no redirect to Universe. The company, which serves thousands of event organizers globally, saw a seven-fold increase in sales last year.

About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, Live Nation Media & Sponsorship and Artist Nation Management. For additional information, visit www.livenationentertainment.com.

About Front Gate Tickets
Started in 2003 as an alternative ticketing service for venues in Austin, Texas, Front Gate Tickets has grown into an exciting company that helps venues, artists, promoters and festivals grow their business and effectively promote events to fans.

About Universe
Universe helps event organizers sell tickets online and bring people together for meaningful experiences in the real world. The company works with thousands of event organizers worldwide and provides them with advanced tools to sell tickets, and promote and manage events online. For additional information on using Universe to sell tickets online, visit http://www.universe.com/features.

* Subject to the receipt of all regulatory approvals and customary closing conditions.

 


Discovery en Espanol Investigates Nepal’s Devastating Earthquakes in a New Documentary Film

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Image from Discovery en Espanol’s documentary “Terremoto en Nepal”. Premiere Sunday, June 21 at 10PM E/P.





Discovery en Espanol Investigates Nepal’s Devastating Earthquakes in a New Documentary Film

“Terremoto en Nepal” explores the science behind the natural disaster and tells first hand stories of survival


MIAMI, June 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Discovery en Español’s documentary TERREMOTO EN NEPAL (Aftershock: Disaster in Nepal), analyzes the destructive force and terrible consequences of the 7.8 and 7.3 earthquakes that shook the country this past spring. TERREMOTO EN NEPAL premieres June 21 at 10PM E/P as part of the Discovery a Fondo programming block (#Afondo).

Photo – http://photos.prnewswire.com/prnh/20150609/221830
Logo – http://photos.prnewswire.com/prnh/20150323/183866LOGO

The massive earthquake that struck Nepal on April 25th caused vast destruction, amassing a devastating death toll of more than 8,000 people, including 18 climbers who were at Mount Everest’s Base Camp during the time of the quake. Historic buildings in Nepal’s capital, Kathmandu, were reduced to rubble and generations-old family homes collapsed in clouds of dust.

The one-hour special goes beyond the headlines and gives viewers a close-up look at the rescue operations while sharing compelling first-hand accounts from those who survived the natural disaster, from a mother whose baby was buried for 22 hours and a student who was crushed under a multi-story building in the city’s Durbar Square, to a newlywed couple caught up in the avalanche at Everest’s Base Camp.

TERREMOTO EN NEPAL includes expert interviews and computer simulations to explain the science behind earthquakes. The documentary also takes an exclusive look at the new technology being developed to predict these natural phenomena.

For more about the network’s programming, please visit discoveryenespanol.com or follow us on facebook.com/discoveryenespanol and Twitter @DiscoveryenESP.

About Discovery en Español
Discovery en Español connects Spanish-speaking viewers in the U.S. to the world and all its wonder and possibilities. It provides quality programming focusing on bold storytelling across core genres including adventure, ingenuity, natural history, investigation and current affairs. Created by Discovery Communications, Discovery en Español is widely distributed on Hispanic tier packages throughout the country. For more information, please visit discoveryenespanol.com, or follow us on Facebook at facebook.com/discoveryenespanol and Twitter @DiscoveryenESP.

About Discovery a Fondo:
Discovery en Español takes a deep and impartial look at the most significant current affair issues of today in its Emmy Award high-quality Discovery a fondo documentary series.  Discovery a fondo, goes beyond the headlines and unearths all sides of the real-life stories it covers with its exclusive Discovery access and focus on the interests of its U.S. Hispanic audience. Ranging in topics from social issues, natural disasters, human interest stories and updates on momentous events from the past, these specials leverage Discovery en Español’s distinctive emphasis on spellbinding investigative storytelling.

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