DOCSLIB.ORG

NOAH Newsletter

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
NOAH Newsletter Contents Title Page Title Page Cover 1 Manhattan Venture Partners 34 Agenda 2 NOAH Top List: European FinTech 35 Selected NOAH Advisors Deals 3 Selected Transaction Comps 36-40 The NOAH Conferences 4-9 Strategic Buyers by Segment 36-39 NOAH Connect: Coming Soon! 10 Financial Buyers by Segment 40 Porsche: The New Panamera 11 Pipedrive 41 Traffic Benchmarking 12 NOAH Disruptor List 42-49 Key Public B2C Internet Companies 13 Hays & CHRONEXT 50 Traffic Benchmarking 14 NOAH Top List: European SaaS 51-52 Desktop / Mobile Web Traffic Split 15 The NOAH Conferences 53 SimilarWeb 16 The NOAH Ecosystem 54 European Online Valuations 17 Real Winners on Stage 55-56 Universe of Public Internet Companies 18 Adyen 57 Sector Valuations 19 NOAH Berlin 2017 Review 58-61 Sector KPIs 20 NOAH Berlin 2017 Overview 58 Deutsche Börse Venture Network 21 NOAH Berlin 2017 Highlights 59 Historical Valuation by Region 22 Event Impressions 60-61 Growth Driven Valuation 23 Sponsors & Partners 62 Significant European Movers 24 Target Global 63 Credit Suisse 25 NOAH London 2016 Review 64-68 Trading Comparables 26-33 NOAH London 2016 Overview 64 Advertising, Classifieds 26 NOAH London 2016 Highlights 65 Classifieds (Cont’d), Content, Digi. 27 Entertainment, E-commerce Event Impressions 66-67 E-commerce (Cont’d) 28 Education, Fitness/Wearables, Sponsors & Partners 68 29 Gambling, Gaming NOAH Advisors 69 Hardware & Semiconductors 30 Healthcare & Science, IoT, Brokerage, NOAH Advisors Overview 70-71 31 Travel, Payments, Search Selected NOAH Advisors Deals 72 Social, Software 32 Software (Cont’d) 33 NOAH Resources 73 2 Selected NOAH Advisors Deals August 2017 December 2016 October 2016 September 2016 Acquisition of a Majority Stake in Investment in Investment in Acquisition of a Majority Stake in by by by by from 84% Ownership at a valuation of $200m at a valuation of €300m Exclusive Financial Advisor to Financial Advisor to EMK Capital Financial Advisor to Silver Lake KäuferPortal and its Financial Advisor to Oakley Shareholders Capital May 2016 November 2015 August 2015 September 2015 Investment in $5m fundraising and NOAH as $14m fundraising and NOAH as Sale of 70% stake in 10Bis the Lead Investor the Lead Investor by to Exclusive Financial Advisor to Exclusive Financial Advisor to Exclusive Financial Advisor to Exclusive Financial Advisor to 10Bis and its Shareholders Pipedrive Aloha Drushim and its Shareholders July 2015 December 2014 October 2014 September 2014 Primary funding for Sale of 100% of Sale of 100% of Sale of controlling stake in from for $800m to for €80m to to Exclusive Financial Advisor to Exclusive Financial Advisor to Exclusive Financial Advisor to Advisor to BIScience Fotolia and the Selling Trovit and its Shareholders Facile.it and its Shareholders Shareholders August 2014 May 2014 February 2013 May 2012 sold 100% of $150 million growth equity Growth equity investment from investment from sale to for $228m to JV between for a 30% stake alongside Softonic’s for a 50% stake alongside Fotolia’s Founders and TA Associates Founders and Angel Investors at Additional $150 million senior debt €275m valuation financing Advisor to the Selling Shareholders Exclusive Financial Advisor to Exclusive Financial Advisor to Exclusive Financial Advisor to Yad2 and its Shareholders Softonic and its shareholders Fotolia and its Shareholders April 2012 November 2011 July 2011 July 2011 Sale of 100% in Sale of a majority stake in Sale of a majority stake in have acquired a majority stake in to to to for $350m from Quants Financial Services AG at a valuation of €40m Exclusive Advisor to Financial Advisor to Toprural Exclusive Financial Advisor to Exclusive Advisor to EnGrande Summit Partners and TA and its Shareholders grupfoni and its Shareholders Associates 3 NOAH Conference London 2-3 November 2017 Old Billingsgate, London Connecting Capital and Entrepreneurs 400+ investment funds 100+ top speakers ~2,250 senior attendees Europe’s top entrepreneurs and C-level executives meet financial, corporate and private investors Attendees by Type Attendee Figures 1,850 1,709 1,752 Corporate Executives 1,614 4% 1% 1,354 9% 16% Internet Entrepreneurs 1,142 and Executives Investors 650 Service Providers 24% 600 Press Other 46% 2009 2010 2011 2012 2013 2014 2015 2016 SELECTED CONFIRMED SPEAKERS PROGRAM >> VIDEO LIBRARY >> REQUEST INVITE >> REGISTER >> NOAH Conference WATCH THE TRAILER OVERVIEW PRESENTATION 4 Main Stage Program – Day 1 5 Main Stage Program – Day 2 6 NOAH Partners - London 2017 Strategic Partners Premium Partners Event Partners 7 The NOAH Conference Berlin 6-7 June 2018 Tempodrom, Berlin Connecting European Champions and Challengers Fantastic speaker line-up Meet disruptors across key industry verticals Networking with 4,000+ attendees Traditional market leaders meet their digital start-up counterparts Attendees by Type Attendee Figures 3,296 Corporate Executives 5% 1% 3,017 21% 15% Internet Entrepreneurs 2,230 and Executives Investors Service Providers 18% Press 41% Other 2015 2016 2017 HIGHLIGHTS FROM NOAH17 BERLIN PROGRAM >> VIDEO LIBRARY >> REQUEST INVITE >> REGISTER >> NOAH Conference WATCH THE TRAILER OVERVIEW PRESENTATION THE NOAH STARTUP STAGE The NOAH Berlin 2017 Startup Stage Winners Following over 70 pitch presentations, we would like to congratulate online marketplace Lalafo which won the overall audience vote with runners up Bitbond and TravelPerk! They will now be joining our superb speaker line-up for NOAH London 2017 (2-3 November) as well as enjoy great prizes from our partners: Credit Suisse, Egon Zehnder, EIT Digital and Salesforce. MEET OUR WINNERS Want to meet relevant angels and VCs looking for early-stage opportunities and increase public awareness? Apply for the NOAH London Startup Stage 2017 now! APPLY FOR NOAH17 LONDON STARTUP STAGE NOAH Connect: Coming Soon! NOAH Connect: Bringing the NOAH Ecosystem Online in 2017 Supporting the European online ecosystem with 4 key objectives • Connect Europe’s digital leaders • Connect old and new economy • Narrow competitive disadvantage vs. better funded US firms • Increase exits to European strategic buyers (to preserve long-term competitiveness) 10 Traffic Benchmarking Traffic Measurement Key Public B2C Internet Companies Classifieds Lead Gen E-commerce Marketplaces Social Travel Europe United States 13 Traffic Benchmarking Direct Traffic (% of total visits) 61% 60% 45% 43% 45% 42% 39% 33% 31% 31% 20% 21% Social Classifieds Marketplaces E-commerce Travel Lead Generation Europe United States Average Page Impressions per Visit 21.3 13.3 10.9 10.7 10.3 9.0 9.7 7.1 6.9 5.3 6.0 3.7 Social E-commerce Classifieds Marketplaces Travel Lead Generation Europe United States Average Visit Duration (minutes) 15.6 14.3 9.0 8.7 7.5 7.1 6.1 5.8 6.4 5.0 4.0 3.5 Social E-commerce Classifieds Marketplaces Travel Lead Generation Europe United States Source: SimilarWeb Data from Q1 2017. Note: Direct share derived from Desktop traffic only. 14 Desktop / Mobile Web Traffic Split Europe US 32% 44% 56% 68% Desktop Mobile Mobile Share by Sector 49% Marketplaces 0 48% 49% Classifieds 0 45% 47% Travel 0 42% Lead 43% 0 Generation 46% 39% E-commerce 0 42% 27% Social 0 44% Europe United States Source: SimilarWeb Data from Q1 2017. Note: Direct share derived from Desktop traffic only. 15 16 European Online Valuations Universe of Public Internet Companies Advertising Classifieds E-commerce Lead Gen Marketplaces Online Gaming Search Social Travel Europe United States 18 Sector Valuations EV / EBITDA 2017E September 2017 40.2x Marketplaces 14.7x 38.3x E-commerce 24.7x 20.3x Social 19.1x 18.4x Search & Portals 13.0x 15.3x Classifieds 33.3x 14.7x Lead Generation 16.8x 11.3x Travel 15.9x 8.5x Advertising 11.2x 8.3x Gaming 26.6x Europe United States Note: Calculation based on sector aggregates. 19 Sector KPIs EBITDA CAGR 2017E-2019E 49% 45% 41% 35% 35% 28% 25% 21% 21% 23% 18% 14% 15% 11% 9% 8% 8% 5% Marketplaces E-commerce Search & Gaming Social Classifieds Lead Travel Advertising Portals Generation Europe United States EBITDA Margin 2017E 58% 49% 45% 37% 32% 31% 29% 29% 28% 22% 21% 18% 15% 18% 10% 12% 11% 7% Gaming Social Search & Lead Travel Marketplaces Classifieds Advertising E-commerce Portals Generation Europe United States Cash Conversion: FCF / EBITDA 2017E 69% 67% 65% 65% 61% 61% 59% n/m n/m 54% 50% 50% 46% 42% 33% n/m Lead Marketplaces Social Advertising Search & Travel Classifieds Gaming Generation Portals Europe United States Note: Calculation based on sector aggregates. 20 Historical Valuation by Region EV / 1 Year Forward EBITDA 25x Europe United States Rest of World 20x 15x 10x 5x - Selected Companies Europe United States Rest of World Note: NTM EBITDA derived by time-weighted estimates. Forward multiples are median values for region. 22 Growth Driven Valuation Europe EV / EBITDA 2017E 50x 40x 30x 20x 10x - - 10% 20% 30% 40% EBITDA CAGR 2017E-2019E United States EV / EBITDA 2017E 40x 30x 20x 10x - - 10% 20% 30% 40% EBITDA CAGR 2017E-2019E Note: Size of bubble represents Enterprise Value. 23 Significant European Movers Valuations: Sep-17 vs. Aug-17 Enterprise Value (€m) * Company Sep-17 Aug-17 % Change Gainers 127 104 +22% 4,390 3,669 +20% 387 328 +18% 745 647 +15% 4,880 4,294 +14% Losers 5,653 7,617 -26% 1,530 2,048 -25% 124 157 -21% 1,722 2,128 -19% 155 190 -18% EV/EBITDA 2017E Company Sep-17 Aug-17 % Change Gainers 15.3x 12.3x +24% 25.5x 21.3x +20% 12.2x 10.4x +18% 20.4x 17.7x +15% 18.8x 16.6x +13% Losers 6.4x 9.1x -30% 7.1x 9.6x -26% 9.6x 12.2x -21% 8.1x 9.9x -18% 8.0x 9.7x -17% Source: Factset (September 2017).
Load more

Recommended publications
  • COVID-19 Proxy Governance Update
    COVID-19 Proxy Governance Update 2020 AGM mid-season review FROM EQUINITI 01 Looking back and planning ahead It is incredible to note that it has been over 12 weeks since the official announcement on 23 March of the UK Government’s Stay at Home Measures, and nearly seven months since the severity of the pandemic became apparent in China. Over the said period, PLC boards, company secretaries and investor relations officers have kept their corporate calendars going thanks to rapid adoption of modified regulatory guidelines and inventive modes of engagement with investors. With annual general meetings being an obvious highlight in the corporate calendar, we take stock of the progress made so far over the 2020 AGM season, as well as using what we learned to plan ahead. Now that we are over the first ‘hump’ with the busy period of May AGMs out of the way, we are readying for the second ‘peak’ of June and July AGMs, and then an ‘easing’ until the second ‘mini’ season in the early autumn. As such, in this update, we look at: • 2020 AGM season statistics…so far • Proxy adviser engagement and ISS recommendations review • High-level assumptions for Q3 and Q4 • Relevant updates from the regulators, industry bodies and proxy advisers • Communications in the COVID-19 world – special commentary by leading financial PR firm,Camarco • How has COVID-19 impacted activism – special commentary by international law firm,White & Case 02 2020 AGM Season Statistics…so far Scope of data To assess progress and forecast what is to come, we look at the key statistics for the UK AGM season 2020 thus far.
    [Show full text]
  • How Transportation Network Companies Could Replace Public Transportation in the United States Matthew L
    University of South Florida Scholar Commons Graduate Theses and Dissertations Graduate School November 2017 How Transportation Network Companies Could Replace Public Transportation in the United States Matthew L. Kessler University of South Florida, [email protected] Follow this and additional works at: http://scholarcommons.usf.edu/etd Part of the Civil Engineering Commons, Public Policy Commons, and the Urban Studies and Planning Commons Scholar Commons Citation Kessler, Matthew L., "How Transportation Network Companies Could Replace Public Transportation in the United States" (2017). Graduate Theses and Dissertations. http://scholarcommons.usf.edu/etd/7045 This Thesis is brought to you for free and open access by the Graduate School at Scholar Commons. It has been accepted for inclusion in Graduate Theses and Dissertations by an authorized administrator of Scholar Commons. For more information, please contact [email protected]. How Transportation Network Companies Could Replace Public Transportation in the United States by Matthew L. Kessler A thesis submitted in partial fulfillment of the requirements for the degree of Master of Science in Engineering Science Department of Civil and Environmental Engineering College of Engineering University of South Florida Co-Major Professor: Steven E. Polzin, Ph.D. Co-Major Professor: Abdul. R. Pinjari, Ph.D. Xuehao Chu, Ph.D. Martin D. Hanlon, Ph.D. Date of Approval: October 23, 2017 Keywords: TNC, Supplantment, Transit Agency, Ride-sourcing, Smartphone app Copyright © 2017, Matthew L. Kessler DEDICATION This page is dedicated in memory of my beloved uncle, Joel “Jerry” Kessler, my grandparents: Miriam Sylvia and William Berkowitz, Gertrude and Sam Kessler. Lifelong friend MariaLita Viafora, and a special friend, Michael R.
    [Show full text]
  • Xtrackers Etfs
    Xtrackers*/** Société d’investissement à capital variable R.C.S. Luxembourg N° B-119.899 Unaudited Semi-Annual Report For the period from 1 January 2018 to 30 June 2018 No subscription can be accepted on the basis of the financial reports. Subscriptions are only valid if they are made on the basis of the latest published prospectus of Xtrackers accompanied by the latest annual report and the most recent semi-annual report, if published thereafter. * Effective 16 February 2018, db x-trackers changed name to Xtrackers. **This includes synthetic ETFs. Xtrackers** Table of contents Page Organisation 4 Information for Hong Kong Residents 6 Statistics 7 Statement of Net Assets as at 30 June 2018 28 Statement of Investments as at 30 June 2018 50 Xtrackers MSCI WORLD SWAP UCITS ETF* 50 Xtrackers MSCI EUROPE UCITS ETF 56 Xtrackers MSCI JAPAN UCITS ETF 68 Xtrackers MSCI USA SWAP UCITS ETF* 75 Xtrackers EURO STOXX 50 UCITS ETF 80 Xtrackers DAX UCITS ETF 82 Xtrackers FTSE MIB UCITS ETF 83 Xtrackers SWITZERLAND UCITS ETF 85 Xtrackers FTSE 100 INCOME UCITS ETF 86 Xtrackers FTSE 250 UCITS ETF 89 Xtrackers FTSE ALL-SHARE UCITS ETF 96 Xtrackers MSCI EMERGING MARKETS SWAP UCITS ETF* 111 Xtrackers MSCI EM ASIA SWAP UCITS ETF* 115 Xtrackers MSCI EM LATIN AMERICA SWAP UCITS ETF* 117 Xtrackers MSCI EM EUROPE, MIDDLE EAST & AFRICA SWAP UCITS ETF* 118 Xtrackers MSCI TAIWAN UCITS ETF 120 Xtrackers MSCI BRAZIL UCITS ETF 123 Xtrackers NIFTY 50 SWAP UCITS ETF* 125 Xtrackers MSCI KOREA UCITS ETF 127 Xtrackers FTSE CHINA 50 UCITS ETF 130 Xtrackers EURO STOXX QUALITY
    [Show full text]
  • Xiaohongshu RED Guide
    Your Guide To XiaoHongShu Published by Elaine Wong, Lauren Hallanan, and Miro Li 3 December 2018 Why We Created This Report Despite Xiaohongshu generating a lot of buzz in 2018, most of the English language content (and even much of the Chinese language content) continues to give a macro, high-level view of the platform with very few specifics. Why that is, we’re not sure, but there is clearly a need for a more in-depth explanation because, to be frank, most people still don’t truly understand the platform. So we took it upon ourselves to create this guide. Throughout this year we’ve observed that many brands feel lost and unsure when it comes to marketing on Xiaohongshu. That’s understandable based on the fact that it is a highly localized and comparatively new platform and most lack the experience using it. As a result, they fail to grasp what sets it apart, what makes it tick. In this report we attempt to explain what makes Xiaohongshu distinct, why the platform has become popular, and how to create the right style of content for the platform. If you have any questions, please feel free to reach out, our contact information is located at the end of the report! What is Xiaohongshu? Xiaohongshu () also known as “Little Red Book” or “RED” is one of the largest and fastest growing social e- commerce apps in China. Xiaohongshu describes itself as “a sharing platform for young people's lifestyles through deep-rooted UGC shopping sharing community The platform is designed to help users discover and purchase products, share recommendations, and provide helpful tips.
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • Pdf (Arguing That the Sharing Economy Is a Consequence of Moore’S Law and the Internet)
    Notre Dame Law Review Volume 94 | Issue 1 Article 7 11-2018 The hS aring Economy as an Equalizing Economy John O. McGinnis Northwestern University Pritzker School of Law Follow this and additional works at: https://scholarship.law.nd.edu/ndlr Part of the Law and Economics Commons, Law and Politics Commons, and the Law and Society Commons Recommended Citation 94 Notre Dame L. Rev. 329 (2018). This Article is brought to you for free and open access by the Notre Dame Law Review at NDLScholarship. It has been accepted for inclusion in Notre Dame Law Review by an authorized editor of NDLScholarship. For more information, please contact [email protected]. \\jciprod01\productn\N\NDL\94-1\NDL107.txt unknown Seq: 1 19-NOV-18 13:05 THE SHARING ECONOMY AS AN EQUALIZING ECONOMY John O. McGinnis* Economic equality is often said to be the key problem of our time. But information technol- ogy dematerializes the world in ways that are helpful to the ninety-nine percent, because informa- tion can be shared. This Article looks at how one fruit of the information revolution—the sharing economy—has important equalizing features on both its supply and demand sides. First, on the supply side, the intermediaries in the sharing economy, like Airbnb and Uber, allow owners of housing and cars to monetize their most important capital assets. The gig aspect of this economy creates spot markets in jobs that have flexible hours and monetizes people’s passions, such as cooking meals in their home. Such benefits make these jobs even more valuable than the earnings that show up imperfectly in income statistics.
    [Show full text]
  • Associate Enablement Perspectives
    CONFIDENTIAL 1H2020 Associate Enablement Perspectives DISCLAIMER: ComCap LLC make no representation or warranty, express or implied, in relation to the fairness, accuracy, correctness, completeness, or reliability of the information, opinions, or conclusions contained herein. ComCap LLC accepts no liability for any use of these materials. The materials are not intended to be relied upon as advice outside of a paid, approved use and they should not be considered a guarantee of any specific result. Each recipient should consult his or her own accounting, tax, financial, and other professional advisors when considering the scenarios and information provided. An introduction to ComCap ▪ ComCap is a premier boutique investment bank focused on the intersection of commerce and capital, with key focus on B2B SaaS, B2C e-commerce, payments, mobile commerce, marketplaces and B2B services for retail technologies (IT and marketing services, in-store, fulfillment, logistics, call center, analytics, personalization, location intelligence) ▪ Headquartered in San Francisco with European coverage from London & Moscow, and LATAM coverage from Sao Paulo. Our firm works with mid-cap public companies on buyside initiatives and public and private growth companies on financing and strategic M&A ▪ In addition to being the only boutique focused on disruptive commerce models, we differentiate by: ‒ Bringing bulge bracket techniques to emerging models; ‒ A strong and uncommon buyside/strategy practice; ‒ Deep understanding of industry drivers and synergy analyses;
    [Show full text]
  • So What Does Bain Say to Its Clients?
    So what does Bain say to its clients? Leads | By Remapping Debate | Economy, Politics Jan 18, 2012 — Does it really make sense to take at face value the statements made by and on be- half of Mitt Romney as he and his campaign try to place a positive spin on his tenure at Bain Capital? Wouldn’t it be better to look at how the firm articulates its mission for current and prospective business clients? So far, that has not been happening. Gov. Romney and his lieu- The suggestions that Bain tenants have engaged in a two-track operation. One element was or is somehow in the — which may very well work — is to try to frighten the press into business of job creation or submission with the 2012 version of the Red Scare (“you’re giv- ing aid and comfort to the enemies of capitalism”). sought to create jobs are fundamentally deceitful. The other element is to turn his vulnerability on profiting from American job losses to the kind of “he said, she said” story that many like to serve up as evidence of evenhandedness. As has been reported, “Mr. Romney as of late has defended his record at the firm. He has touted the success of some businesses, including Staples, and said job losses at others were unfortunate.” If there are two sides to the story, they certainly do not seem balanced: companies did shed jobs on the advice or at the direction of Bain, and job gains at some companies in which B ain invested did not necessarily mean a net gain for the economy (company A gaining jobs and market share at the expense of company B does not increase overall job numbers).
    [Show full text]
  • JH Inv Funds Series I OEIC AR 05 2021.Indd
    ANNUAL REPORT & ACCOUNTS For the year ended 31 May 2021 Janus Henderson Investment Funds Series I Janus Henderson Investment Funds Series I A Who are Janus Henderson Investors? Global Strength 14% 13% £309.6B 55% 45% 31% 42% Assets under Over 340 More than 2,000 25 Over 4,300 management Investment professionals employees Offi ces worldwide companies met by investment teams in 2020 North America EMEA & LatAm Asia Pacifi c Source: Janus Henderson Investors, Staff and assets under management (AUM) data as at 30 June 2021. AUM data excludes Exchange-Traded Note (ETN) assets. Who we are Janus Henderson Investors (‘Janus Henderson’) is a global asset manager off ering a full suite of actively managed investment products across asset classes. As a company, we believe the notion of ‘connecting’ is powerful – it has shaped our evolution and our world today. At Janus Henderson, we seek to benefi t clients through the connections we make. Connections enable strong relationships based on trust and insight aswell as the fl ow of ideas among our investment teams and our engagement with companies. These connections are central to our values, to what active management stands for and to the long-term outperformance we seek to deliver. Our commitment to active management off ers clients the opportunity to outperform passive strategies over the course of market cycles. Through times of both market calm and growing uncertainty, our managers apply their experience weighing risk versus reward potential – seeking to ensure clients are on the right side of change. Why Janus Henderson Investors At Janus Henderson, we believe in linking our world-class investment teams and experienced global distribution professionals with our clients around the world.
    [Show full text]
  • Commercedept-Foialog-2011-092012.Pdf
    This document is made available through the declassification efforts and research of John Greenewald, Jr., creator of: The Black Vault The Black Vault is the largest online Freedom of Information Act (FOIA) document clearinghouse in the world. The research efforts here are responsible for the declassification of hundreds of thousands of pages released by the U.S. Government & Military. Discover the Truth at: http://www.theblackvault.com \m<ldi llica,tions or alterations in for the following positions within the NOAA duri ng the period ""uvL··Lu•u. Director, Office of Ocean and Exploration; Director, Office of Education and \SuiStainable Development; Contract Analyst, Office of Ocean and Exploration; Deputy ic Affairs; Deputy Assistant Secretary of Commerce for Oceans and · Office of Education and SUIStainable and Public Affairs requests accompanying processed from January I, present by the Office of the Secretary and the entire Department of Commer<:e in Barbour; Barbour, Griffith & Rogers; BGR Group; BGR Government Affairs; Relations; BGR Capital & Trade; BGR Gabara; National Policy Forum; GOP IM:arketnlac•e: Mobile Telecommunications Technology Corp. (Mtel); National Environmental National Environmental Strageties Company Inc.; Environmental Straegies; Video Te•chn:olc•gie:s Inc.; Milestone Merchant Partners LLC; Blount International; and Terra Corp. are the subject of the FOIA requests, or part of the subject of the 3122/2011 from Jan I, 2005 to present of correspondence between the OS, NTIA, ITA, 312212011 Mitt Romney, Willard M. Romney, W. Mitt Romney, Mitt Romney, Bain Retrun Capital (ARC), Bain Capital Private Equity, Bain Capital (Europe) Bain & Co., Bain Capital Ventures, Brookside Capital, Sankaty Advisors, Marriott llnternatic>nal.
    [Show full text]
  • Britain's Hottalent
    Britain’s Hot Talent 2014/15 A handbook of UK venture capital innovation Editors Chris Etheridge Rory McDougall Managing Editor Tom Allchorne For additional information Tom Allchorne Email [email protected] 22 BVCA e: [email protected] w: bvca.co.uk Contents Introduction Foreword 4 Five facts about venture capital in the UK 5 Definitions of industry sectors 6 Company Profiles Chapter 1 Cleantech 7 Chapter 2 Digital & Consumer 17 Chapter 3 Finance & Business Support 47 Chapter 4 Information Technology 69 Chapter 5 Life Sciences 91 Chapter 6 Materials 105 Chapter 7 Media 113 Chapter 8 Medical 123 Chapter 9 Telecoms 145 Index Index by company name 158 Index by investor 163 Index by parliamentary constituency 180 e: [email protected] w: bvca.co.uk BVCA 3 Foreword Welcome to Britain’s Hot Talent 2014/15, the third edition of the BVCA handbook, showcasing a selection of this country’s most dynamic and cutting-edge young companies. Britain has a long and proud history of entrepreneurship and the businesses featured here present a snapshot of some of the exciting and creative work being carried out right now. This edition has profiles of over 100 venture-capital-backed companies from ten distinct sectors of the British economy, all fantastic examples of what can be achieved with ingenuity, hard work and the right support. Venture capital has long been a backer of innovative businesses, and such skills and investment are needed now more than ever before. As the UK recovers from the worst economic recession in over 50 years, it is vital that entrepreneurship is encouraged in all its forms and across all industries, from life sciences to finance, from digital media to online security.
    [Show full text]
  • The Meet Group Teams with Digital Identity Company Yoti to Help Create Safer Communities Online
    The Meet Group teams with digital identity company Yoti to help create safer communities online NEW HOPE, Pa., July 24, 2019 - The Meet Group,Inc. (NASDAQ: MEET), a leading provider of ​ ​ ​ interactive live streaming solutions, and Yoti, a digital identity company, today announced that The ​ ​ Meet Group plans to trial Yoti’s innovative age verification and age estimation technologies designed to create safer communities online. The Meet Group, with more than 15 million monthly active users, helps people to find connection and community through its social networking and dating apps. As a company committed to the protection of its users, The Meet Group devotes approximately half of its workforce to safety and moderation, ​ and continuously reviews its safety procedures with the goal of meeting the highest standards of ​ online safety and security. The relationship allows Yoti to enhance The Meet Group’s strong existing safety measures, letting ​ ​ users verify their age with Yoti’s age estimation technology Yoti Age Scan, or the free Yoti app where ​ ​ a date of birth is verified to a government issued photo ID. Yoti’s technology can help moderators at The Meet Group ensure that minors do not create accounts. Geoff Cook CEO at The Meet Group commented, “A key part of helping people to create ​ ​ meaningful connections is to keep them safe online. We have already committed ourselves to one-tap report abuse capability, clear and frequent safety education, and proactive and transparent moderation, and now with Yoti’s age verification and estimation technologies, we look forward to being one of the few app operators in social or dating who can respond to reports of underage users quickly and accurately.
    [Show full text]