Buyout gurus make venture charity push

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Show Comments ▼ Express KCS whatsapp CVC Capital’s managing partner talks to Michael Bow about his plans for so-called venture philanthropyMENTION the words “business philanthropy” to most cynical people and their eyes will glaze over. The onslaught of charity gala dinners and community initiatives, however well intentioned, can arguably make philanthropic ventures indistinguishable from one another. CVC Capital’s managing partner Marc Boughton offers an antidote to all that. In just under two months Boughton and trade group BVCA will help stage the second annual Impetus-Private Equity Foundation triathlon, the culmination of a push by Boughton to develop a landmark fixture in the City’s charitable calendar.“It’s an industry event that connects private equity firms, their portfolio companies, charities they support and their employees along with banks, lawyers, accountants, consultants and other service providers to the private equity industry,” Boughton said“And it’s critical we encourage first-timers into the sport. This is an entry level event. It’s not just for the triathletes in the office, it’s for people who want to come and have a go.”Boughton is a 25-year veteran of an industry which has had its fair share of negative publicity over the years. Yet for all its faults, private equity has a real advantage in controlling companies central to many communities in the UK. The industry employs around 800,00 people across the UK, putting it on par with the NHS as a major UK employer.CVC, along with other private equity outfits, pushes its philanthropic ventures through its portfolio companies, as well as offering money and expertise to charities through the CVC Foundation, its charity arm. “The private equity community is one of the biggest employers in the UK. As responsible owners, we can influence the employability of disadvantaged young people with real and scaleable impact,” Boughton adds.It has funded job recruitment programmes at Merlin Entertainments, the owner of Alton Towers and Legoland, and also offers CV advice to help young people from poor backgrounds get into work at Merlin attractions. Boughton represents CVC on the board of Impetus-PE Foundation, the industry-wide private equity charity chaired by KKR’s Johannes Huth.This year’s triathlon, which takes place at the Olympic rowing venue in Dorney Lake, will try to top the £145,000 raised last year. The money will be used to help put young Brits from disadvantaged backgrounds on course to get good jobs.With charities being forced to move away from state-funding due to government cuts, private sector initiatives like the CVC Foundation and the Impetus-PE Foundation are taking on renewed importance helping disadvantaged people across the country – and sharpening corporate philanthropy in the process.The Impetus-PE Foundation triathlon takes place on 12 September Sunday 12 July 2015 10:09 pm Tags: NULL whatsapp Share Buyout gurus make venture charity push last_img read more

FDA chief aims to recruit 100 million Americans for precision medicine research

first_img Precision medicine helped him beat cancer. Now he’s leading Obama’s initiative SAN FRANCISCO — Uncle Sam wants you to turn over your health records. And Dr. Robert Califf, the cardiologist who now runs the Food and Drug Administration, is determined to make that happen.The Obama administration has set a goal of recruiting 1 million volunteers to hand over their genetic and health data, as part of the $215 million Precision Medicine Initiative.Califf thinks that’s far too modest an ambition. “Let’s think in terms of 10, 20, or 100 million,” he said in an interview with STAT here at a global biotech convention.advertisement Newsletters Sign up for Morning Rounds Your daily dose of news in health and medicine. Privacy Policy By Meghana Keshavan June 7, 2016 Reprints Please enter a valid email address. Biotech Correspondent Meghana covers biotech and contributes to The Readout newsletter. @megkesh The Precision Medicine Initiative will ultimately generate a massive amount of genetic data (particularly if Califf gets his 100 million volunteers on board) — and that will be difficult to decipher. Dr. Francis Collins, director of the National Institutes of Health, often says that only 1 percent of the vast volume of DNA sequenced each year is actually understood. What is precision medicine?Volume 90%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledPlay/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemSeek %0-9 facebook twitter Email Link EmbedCopiedLive00:0000:3900:39  Hyacinth Empanado / STAT The precisionFDA tool is aimed at encouraging diagnostics companies, in particular, to set aside their competitiveness and work together. Currently “hundreds” are working on the precisionFDA platform, Califf said.The tool also allows for reality checks like a recent “consistency challenge,” which asked several rival diagnostic companies to try their hand at deciphering a portion of one genome. The FDA’s goal: To see how consistent they were in their interpretations, and how their results matched up against what was previously known about that particular DNA segment.(The winners, announced last week: Sentieon of Mountain View, Calif., for “best performance and highest reproducibility,” and a scientist from Sanofi-Genzyme for “highest accuracy.”) Win McNamee/Getty Imagescenter_img About the Author Reprints Leave this field empty if you’re human: Califf’s call for more collaboration is echoed in the White House. Vice President Joe Biden on Monday urged the 30,000 oncologists at this week’s American Society of Clinical Oncology annual meeting to collaborate in the search for a cancer cure.“I’ve been involved for a long time in medical informatics, and the amount of information that needs to come together in various times and places to get sequenced is profound,” Califf said. PoliticsFDA chief aims to recruit 100 million Americans for precision medicine research Meghana Keshavan Tags FDApolicyprecision medicineRobert Califf [email protected] And that’s not his only goal: Califf is also calling on life sciences companies to share information about the genetic data they collect and analyze in the quest to develop new treatments.To accomplish that, Califf is touting a new tool: precisionFDA. It’s an online, cloud-based portal that was launched this past December, offering scientists from academia, industry, and the government a common space to work together. (It was first dreamed up about six years ago, before Califf joined the FDA, but he said he’d heard it had been greeted with derision: “At the time, people were like, ‘What is this guy doing, smoking pot?’”)advertisement Related:last_img read more

Here’s where the Laois Walks Festival is heading this week

first_img Here’s where the Laois Walks Festival is heading this week WhatsApp Community Previous articleThe Big Five: Finals take centre stage as the GAA club leagues draw to a closeNext articleProposal to use old phone boxes as community defibrillator points LaoisToday Reporter Community Home Sponsored Here’s where the Laois Walks Festival is heading this week Sponsored Facebook The Grand Canal The Laois Walks Festival is approaching its midpoint and already hundreds of you have taken to routes all over the county.The Rock of Dunamase, Oakvale Woods, Grantstown in Ballacolla and Rossmore in Killeshin were just some of the locations that the Festival visited last week.And we have a selection of pictures from the walks below.The Laois Walks Festival adheres to the ‘Countryside Code’ of leaving no trace, walking in single file and respecting private property and the rural environment.No dogs are allowed. The cost per walk is €2 or you can buy a festival ticket for €25 which covers every walk over the course of the month.For further information contact Susan Lawlor, who is the festival co-ordinator, on 087 2574477 or Peter Maher, who is the Rural Recreation Officer in Laois County Council, on 057 8661900 or by emailing [email protected] or visiting the Walks Festival section of the Laois Partnership website.Walkers are advised to register 30 minutes prior to the start of each walk and to wear comfortable walking boots/shoes.They are also encouraged to bring raingear, sufficient food and water for the duration of the walk.Grade A – Strenuous; Grade B – Difficult; Grade C – ModerateSATURDAY, JULY 14Capponellan Woods, DurrowWoodland walk through part of the Castle Durrow estate once owned by Lord Ashbrooke.Meet: Capponellan Woods carparkTime: 2.30pmDistance: 10kmDifficulty: Grade BLength:  2.5 hoursSUNDAY, JULY 15GattabawnStroll along the Gattabawn loop which used old farm lanes, open countryside and forest paths.Meet: Mackey’s Pub, GattabawnTime: 2.30pmDistance: 10kmDifficulty: Grade ALength:  3 hoursMONDAY, JULY 16Dunmore Wood, Durrow Family WalkAlong woodland paths returning by the banks of the river Nore.Meet: Dunmore Wood carparkTime: 7.30pmDistance: 6 kmDifficulty: Grade CLength:  1.5 hoursTUESDAY, JULY 17Grand Canal, FisherstownWalk along the Grand Canal down the Barrow valley passing moored boats and grain stores to the village of Vicarstown.Meet: Fisherstown InnTime: 7.30pmDistance: 12 kmDifficulty: Grade ALength:  2.5 hoursWEDNESDAY, JULY 18ErrillA lovely walk through country lanes taking in Moonamondra Bog with panoramic views of the Devil’s Bit.Meet: The Green, Errill.Time: 7.30pmDistance: 9 kmDifficulty: Grade BLength:  2.5 hoursTHURSDAY, JULY 19Fossey Mountain, TimahoeThis demanding walk goes up Fossey Mountain and back into the historic village of Timahoe.Meet: The Goose Green, TimahoeTime: 7.30pmDistance: 14 kmDifficulty: Grade ALength:  3.5 hoursSATURDAY, JULY 21Ridge of Cappard, RosenallisEnjoy a walk through Ireland’s state-owned nature reserve as you watch for the Hen Harrier, a rare bird of prey.Meet: Ridge of Cappard carparkTime: 2.30pmDistance: 12 kmDifficulty: Grade ALength:  3-4 hoursHere are a selection of pictures from around the walks that took place last week:Rock of DunamaseBallacolla walkMountmellickOakvaleSEE ALSO – The full list of what’s on in July in the Laois Walks Festival RELATED ARTICLESMORE FROM AUTHOR Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ WhatsApp Ten Laois based players named on Leinster rugby U-18 girls squad Pinterest By LaoisToday Reporter – 13th July 2018 Twitter Pinterest Facebook Rugby Twitter TAGSLaois Walks Festival Five Laois monuments to receive almost €200,000 in government funding last_img read more

ASC appoints new general counsel

first_img OSC vice-chair’s position extended to 2022 Downtown Calgary with River skyline` jewhyte/123RF The Alberta Securities Commission (ASC) has tapped its acting general counsel, Samir Sabharwal, to take over the role on a permanent basis effective immediately.Sabharwal has been acting head of the regulator’s Office of the General Counsel (OGC) since its previous leader, Kari Horn, was appointed vice chairman of the ASC in May. Share this article and your comments with peers on social media Related news SEC names new top cop Sabharwal joined the ASC in 2005 and has served as associate general counsel, legal counsel within the OGC and as litigation counsel in the regulator’s enforcement division. Prior to that, he was legal counsel at the Financial Services Commission of Ontario (FSCO).“Samir is highly qualified for this role, having served as the ASC’s associate general counsel for the past nine years,” said Stan Magidson, chairman and CEO of the ASC, in a statement. “In that role, he developed critical legislative amendments in conjunction with staff of the government of Alberta on multiple occasions and was significantly involved in preparing the Canadian Securities Administrators’ response to the International Monetary Fund during its most recent positive assessment of Canada’s capital markets.” James Langton Keywords AppointmentsCompanies Alberta Securities Commission OSC adds vice chair, commissioner Facebook LinkedIn Twitterlast_img read more

Wells Fargo sanctioned for risky ETF sales

first_img Related news James Langton PwC alleges deleted emails, unusual transactions in Bridging Finance case High angle view of mallet eyeglasses legal book in courtroom andreypopov/123RF Facebook LinkedIn Twitter The SEC found that the firms’ policies were not adequate to detect and prevent unsuitable recommendations of these risky products, that the firms failed to adequately supervise their reps’ recommendations and that some of their brokers and advisors didn’t understand the risk of losses in these complex products when they’re held long term.As a result, certain reps “made unsuitable recommendations to certain clients to buy and hold single-inverse ETFs for months or years,” the SEC said.The SEC said that some of these clients were senior citizens with limited incomes and conservative risk tolerances.Wells Fargo agreed to pay the US$35 million penalty, which will be distributed to harmed investors, without admitting or denying the SEC’s findings. BFI investors plead for firm’s sale A couple of Wells Fargo firms are paying US$35 million to settle allegations that they failed to supervise reps who sold risky, unsuitable products to their clients.The U.S. Securities and Exchange Commission (SEC) settled charges with the firms — Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network — for deficiencies in their oversight of reps who recommended single-inverse ETFs to retail investors. Mouth mechanic turned market manipulator Share this article and your comments with peers on social media Keywords EnforcementCompanies Securities and Exchange Commission last_img read more

The Rosé Competition 2019 Open for Entries

first_img TAGSThe Rosé Competition Email Home Industry News Releases The Rosé Competition 2019 Open for EntriesIndustry News ReleasesWine BusinessThe Rosé Competition 2019 Open for EntriesBy Press Release – January 29, 2019 340 0 Share Facebook AdvertisementBob Ecker, Napa Valley based wine writer, wine judge and Founder of The Rosé Competition in 2013 and Shari Gherman, President of the prestigious American Fine Wine Competition are excited to announce the 2nd annual THE Rosé Competition.We are both pleased and honored to invite you to submit your rosé wines.  We welcome wines from many of our nation’s finest wineries, as well as celebrated International rosés.  The judging takes place on April 6th, 2019 at FIU’s Chaplin School of Hospitality & Tourism Management, North Miami.  It will be followed on April 7th by “SIP”, a very special after party that promotes participating wines to the wine-enthusiastic public.Our judges from across the country include a balance of sommeliers, chefs, wine writers, retailers and educators.  We require four bottles of each wine entered, three for the judging and one signed bottle for promotion at the auctions for the fund-raising events AFWC hosts throughout the year (including “SIP” which follows the Judging).$65.00 per wine entered. Entry deadline extended until April 3rd, 2019. Please register at the link below and ship the wines ASAP so they have time to settle before the judging. competing against other wines, you’ll feel good about proceeds going to a good cause. In the past eleven years, AFWC has donated more than $1,000,000 for charity.Advertisement Linkedin Pinterest Previous articleThe Carneros Wine Alliance Elects a New Board of DirectorsNext articleAfternoon Brief, January 29 Press Release Twitter ReddItlast_img read more

Bison Dies of Anthrax on Turner Ranch

first_imgHELENA – The state Department of Livestock says a yearling bison heifer on Ted Turner’s Flying D ranch has died after being exposed to naturally occurring anthrax.State veterinarian Marty Zaluski says the bison was found dead Monday near a pasture where the disease killed 287 bison two years ago. The pasture has been quarantined and the ranch is monitoring the herd.Zaluski says it’s not likely the ranch will see a repeat of the 2008 outbreak, which lasted three weeks. He says most of the bison in the 2,500-head herd have been vaccinated against anthrax at least once since 2008. The dead bison had not been vaccinated due to its young age.Anthrax is caused by a the bacteria Bacillus anthracis. Spores of the bacteria can lie dormant in the soil for decades and can become active when heavy rains follow drought. Email Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox.last_img read more

The Kings of Montana’s Soccer Capital

first_imgWhen O’Brien Byrd pulled up to soccer practice on a recent weekday afternoon, the Whitefish Bulldogs were already enmeshed in their regimen. Cleats were on. Soccer balls were soaring. Without anyone’s urging, players were directing passes to one another like drills. The arrival of the head coach seemed happenstance. This is the culture of dedication, hard work and passion that Byrd has worked to establish in 10 years. No doubt, the Columbia Falls native has succeeded.The city of Whitefish has become the capital of boys soccer in Montana, and the Bulldogs are its kings. This year’s undefeated team is tearing through the season with a ravenous intensity that will only be calmed by defending its Class A state championship. Led by the best goal scorer in Montana and one of the best goalkeepers, Whitefish has outscored its seven opponents 40-2. Sam Donaldson, a senior who set the state record last season with 26 goals, is on record-setting pace again, already with 12 goals. Senior goalie Thomas Clark has been equally masterful, allowing only two goals in the net, including an own-goal accidently kicked in by his brother. Several other talented veterans are also back, like seniors Sean Janni and Curran Edland and juniors Jon Dittman and Nathan Boone.This versatile mix of players has allowed Byrd to evolve the team’s strategy like never before. Digging into international playbooks and styles of play, Byrd found a formation that’s not being used by any other team in Montana, he said. It’s far more aggressive than the traditional American schemes that feature four defenders, four midfielders and two forwards. Risk exists, but so does reward, as seen this season.“I knew they had the potential to succeed but I didn’t know to what level. The level they’ve showed is really impressive,” he said. “I didn’t think they would learn it at the rate they’re learning it now.”Byrd took the risk because he wanted to keep the team motivated and levelheaded, “and give them new challenges rather than resting on their laurels.”“That goes for coaches, too,” he said. “I found I needed to push myself from a coaching aspect and bring in some new ideas and not just get stuck with, ‘Well this works and if it’s not broke, don’t fix it.’”There was certainly nothing broke last season. This year’s success has continued from last fall when Whitefish beat Polson 3-0 to win the program’s fourth state title, the most of any Class A school. The victory snapped a streak of three straight seasons falling in the playoffs. It also added to the Bulldogs’ storied legacy as one of the most successful programs in any classification since Montana added soccer 22 years ago.Since the fall of 2006, the Bulldogs have won three state titles and compiled a 77-12-6 record, including a 43-game undefeated streak between 2006-08. In 2007 the team became the first to win back-to-back state titles and go undefeated in back-to-back seasons. This year’s squad is dominating in similar fashion and has won 19 straight dating back to last season. “Their technical skills are far superior to other teams they play,” said Libby head coach Charlie Webster. “They obviously spend a lot of time with the soccer ball.”Webster knows what it’s like to compete against Whitefish as well as anyone. He’s coached in the fierce Northern A conference for five years. There never seems to be an easy conference game, and in many ways that’s sharpened all the programs.Since the fall of 2001, when Montana designated its own division for Class A, a team from this corner of the state has won nine of the 11 boys state championships. The Loggers have won two state championships — 2008 and 2010. Columbia Falls has won three — 2001, ’03 and ’05. Whitefish stood out in the talented pack all those years. Even in those “down years,” the Bulldogs have finished one or two games, or just one or two goals, away from another trophy. The girls program has been remarkably successful as well, winning two state championships — 2001 and 2006 — and playing in several other title games over the years.“This is what I see: there’s a culture there that understands the hard work and dedication it takes to build that type of program,” Webster said. “They know if they want to play soccer in Whitefish that’s what they’ll have to do. “And I think they have extremely dedicated coaches, too. O’Brien is always living, breathing and thinking soccer … It’s a great thing for the program.”Byrd certainly spends a fair amount of time around the soccer pitch. When he’s not coaching the Bulldogs he’s playing with the Flathead Rapids men’s premier team. The Rapids, a group of 35 players ages 18 and older, travel the country year-round for tournaments and games as well as a women’s team that was founded last year. The Rapids organization recently took over Glacier United, a valley-wide youth organization. All told, Byrd said there are now over 500 players involved in Rapids programs, academies and leagues throughout the year.This system of high-quality youth and adult programs is a foundation of Whitefish’s success, according to Byrd. Another advantage is having a top-notch complex like Smith Fields, which could be host to all of Whitefish’s playoff games this year if the Bulldogs win the conference. Byrd said the program’s success also lies in the people he’s been fortunate enough to surround himself with, people who live and breathe soccer.But winning helps, too.“The younger kids want to be part of a successful program and they look up to their high school idols who win state championships or win the big games,” Byrd said.And the winning starts with dedication, hard work and passion. That’s the culture Byrd has helped establish and it has put Whitefish on the map.“It’s been an interesting road,” he said. “Without a doubt, Whitefish is definitely the epicenter for quality soccer in the state.” Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Curran Edland, center left, celebrates with teammate Tommy Murphy after Edland scored the Bulldogs’ first goal with the assist from Murphy during Whitefish’s 5-0 win over Bigfork. Lido Vizzutti | Flathead Beacon Emaillast_img read more

Concerns raised over unfinished footpath in Gweedore

first_imgAudioHomepage BannerNews Facebook Important message for people attending LUH’s INR clinic WhatsApp Google+ Previous articleMain Evening News, Sport, Nuacht and Obituaries Friday January 3rdNext articleSix projects in Donegal approved for Leader Funding News Highland FT Report: Derry City 2 St Pats 2 Concerns raised over unfinished footpath in Gweedore Derry draw with Pats: Higgins & Thomson Reaction DL Debate – 24/05/21 Twitter Google+center_img WhatsApp Arranmore progress and potential flagged as population grows Serious health and safety concerns have been raised over an unfinished footpath in Gweedore.It’s believed work on the 1 mile stretch between Carrick and Lunaigh first began in 2018 after funding was allocated but has yet to be finished.Local Councillor Michael Cholm MacGiolla Easbuig is calling on Donegal County Council to urgently complete works on the path:Audio Player Up/Down Arrow keys to increase or decrease volume. By News Highland – January 4, 2020 RELATED ARTICLESMORE FROM AUTHOR Pinterest Pinterest News, Sport and Obituaries on Monday May 24th Facebook Twitterlast_img read more

Emergency services at scene of crash in Burnfoot

first_imgHomepage BannerNews Google+ Pinterest Community Enhancement Programme open for applications Twitter Twitter RELATED ARTICLESMORE FROM AUTHOR WhatsApp Previous article4 Garda stations in Donegal included in interim report into re-opening of Garda stationsNext articleDerry City move closer to third with win over Drogheda News Highland Facebook By News Highland – September 30, 2017 Loganair’s new Derry – Liverpool air service takes off from CODA center_img Emergency services are currently attending the scene of a crash in Burnfoot.It is understood the road traffic collision ocurred at the Slab road, Buncrana Road junction this morning.Gardai have confirmed that no diversions are in place and the road remains open to traffic. WhatsApp Google+ Emergency services at scene of crash in Burnfoot Pinterest Important message for people attending LUH’s INR clinic Arranmore progress and potential flagged as population grows Nine til Noon Show – Listen back to Monday’s Programme Facebook News, Sport and Obituaries on Monday May 24th last_img read more