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Skyborn advances Gennaker offshore wind project with turbine supply agreement

  • Master Supply Agreement for the delivery of 63 wind turbines with a capacity of up to 15 MW from Siemens Gamesa
  • Gennaker project continues to progress
  • Adding 945 MW to the clean energy transition in Germany

HAMBURG, GERMANY – EQS Newswire – 19 June 2024 – Skyborn Renewables (Skyborn) advances the Gennaker offshore wind project with an updated Master Supply Agreement signed today with Siemens Gamesa for the delivery of 63 SG 14-236 DD wind turbines with a power boost of up to 15MW and a rotor diameter of 236 meters. This agreement strengthens the long-term partnership between the two companies and upgrades the wind turbine technology to state-of-the-art wind turbines, replacing the 2022 Master Supply Agreement which provided for the delivery of 103 SG 8.0-167 DD Siemens Gamesa wind turbines (with a power boost of up to 9 MW). The Gennaker project continues to progress with the main soil investigation nearing completion, foundation design contract signed, and responses to tenders for other main wind farm components and installation vessels under review.

(Photo Credits: Siemens Gamesa)

“Securing this new Master Supply Agreement for the wind turbines is an important milestone for the Gennaker project, solidifying further planning – especially important in today’s tight supply chain environment. It is also testament to the strong commitment of all parties involved in realizing the project,” says Patrick Lammers, CEO of Skyborn. “Offshore wind power is critical for boosting renewables in the energy mix. The Gennaker project will directly contribute to Germany’s and Mecklenburg-Western Pomerania’s climate goals,” Lammers adds.

At 945 MW, Gennaker will become the most powerful offshore wind farm in the German Baltic Sea to date. Located approximately 15 kilometers north of the Fischland-Darß-Zingst peninsula, the project area sits within a designated priority zone for offshore wind energy in the Mecklenburg-Western Pomerania coastal sea. Skyborn secured the initial building permit for the Gennaker site in May 2019 and maintains site exclusivity for development. Offshore construction works are planned to commence in 2027.

(Photo Credits: Siemens Gamesa)
Hashtag: #skyborn

The issuer is solely responsible for the content of this announcement.

About Skyborn Renewables

Skyborn is an accomplished offshore wind developer and operator with more than 20 years’ experience, headquartered in Germany. Our capabilities cover the entire offshore wind value chain, including greenfield development, engineering and design, procurement, financing, commercialization / corporate power purchase agreements, construction management, as well as operations and asset management. Skyborn is a portfolio company of Global Infrastructure Partners (GIP), a world-leading independent global infrastructure investor with headquarters in New York, USA.

For more information, visit www.skybornrenewables.com

Malaysian Cultural and Food Festival Returns for Its 10th Anniversary at Galaxy Macau Immerse Yourself In The Authentic Flavors Of Malaysia Culinary Extravaganza

Running from July 18-31, the colorful event features a dazzling array of Malaysia local mart, street food classics with premium durian fruit platter at the buffet, while also celebrating the 50th anniversary of diplomatic relations between China and Malaysia


MACAU SAR – Media OutReach Newswire – 19 June 2024 – Galaxy Macau™ (“Galaxy Macau”) will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary. As well as celebrating Malaysia’s rich culinary traditions and the country’s vibrant arts and culture heritage at Galaxy Macau’s Oasis and East Square, this year’s festival also marks the 50th anniversary of the diplomatic friendship between China and Malaysia. The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet, and lovers of the country’s cultural goodies and snacks will be spoiled for choice by the diverse array of classic items on offer.

Galaxy Macau will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary.
Galaxy Macau will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary.

At Oasis, local and international visitors can sample the eclectic flavors of Malaysia with an all-you-can-eat buffet that crackles with the vivid sights, sounds, and scents for which the nation is famous. Numbers of renowned Malaysian chefs will be on hand to demonstrate their expert culinary skills, and there will also be 10 hawker-style live stations cooking up delicious street food and more than 40 traditional Malaysian delicacies. Visitors can also marvel at giant versions of four classic dishes, including Malaysian-style chicken wings, extra-long satays, an enormous oyster pancake, and a towering roti canai (Indian flatbread).

The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet.
The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet.


Chef specialties on offer include Malay black char siu; curry fish heads with ladyfinger and eggplant; curry chicken with baguette; prawn with butter and oat; fried soft-shell crab with chili crab sauce; ayam goreng nasi lemak, coconut rice, crispy anchovies, and onion sambal sauce; fried sambal kangkong; and fragrant rice.

At the lively hawker stalls, meanwhile, guests can enjoy an irresistible selection of freshly cooked Malaysian street food classics, including Penang’s famous char kway teow; oyster omelet with coriander and homemade chili sauce; fried mee udang; roti canai, roti tissue, mamak mee goreng with eggs and sambal sauce and Indian teh tarik; BBQ chicken wings with a honey glaze; chicken and beef satay with condiments; curry laksa; bak kut teh herbal pork ribs soup with condiments; and hot plate sambal fish and sotong.

Top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try.
Top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try.

Durian, Malaysia’s national fruit, takes pride of place at the festival once again this year, with 4 types of top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try. In addition, there is a selection of special durian drinks and desserts to sample, as well as other Malaysian favorites such as mangosteen and rambutan.

The Malaysian Dinner Buffet takes place from 6pm–9pm Monday to Thursday and 5.30pm-9.30pm Friday to Sunday from July 18-31, and tickets are priced MOP 688 (+10% service charge) for adults (including a premium durian platter) and MOP 344 (+10% service charge) for children aged 3-11 years old. Children under three years old can enjoy free entry. Settle your bill with the ICBC Galaxy Macau Credit Card to enjoy an instant rebate of MOP200 per adult. GALAXY ULTIMATE member can enjoy 10%off. For enquiries and reservations, call +853 8883 2221.

Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye.
Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye.

Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye. Transformed into a mini-Malaysia filled with Instagram-worthy photo opportunities for the duration of the festival, East Square features a Malaysia-themed pop-up market where visitors can shop traditional goodies and take a souvenir from the country home with them. There will also be a range of classic snacks, desserts, and drinks to enjoy—from calamansi juice with sour plum to nyonya kuih nine-layer pastry—while F&B outlets at East Square will be joining the celebration with a range of Malaysian food specials. In addition, visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.

Visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.
Visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.

A unique opportunity to travel to Malaysia without leaving Macau, the 10th Malaysian Cultural and Food Festival is an event that no food lover will want to miss!
Hashtag: #GalaxyMacau

The issuer is solely responsible for the content of this announcement.

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and

Malaysian Cultural and Food Festival Returns for Its 10th Anniversary at Galaxy Macau Immerse Yourself In The Authentic Flavors Of Malaysia Culinary Extravaganza

Running from July 18-31, the colorful event features a dazzling array of Malaysia local mart, street food classics with premium durian fruit platter at the buffet, while also celebrating the 50th anniversary of diplomatic relations between China and Malaysia


MACAU SAR – Media OutReach Newswire – 19 June 2024 – Galaxy Macau™ (“Galaxy Macau”) will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary. As well as celebrating Malaysia’s rich culinary traditions and the country’s vibrant arts and culture heritage at Galaxy Macau’s Oasis and East Square, this year’s festival also marks the 50th anniversary of the diplomatic friendship between China and Malaysia. The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet, and lovers of the country’s cultural goodies and snacks will be spoiled for choice by the diverse array of classic items on offer.

Galaxy Macau will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary.
Galaxy Macau will offer visitors an authentic taste of Malaysia’s vibrant cuisine and culture from July 18-31 as the much-loved Malaysian Cultural and Food Festival returns for its 10th anniversary.

At Oasis, local and international visitors can sample the eclectic flavors of Malaysia with an all-you-can-eat buffet that crackles with the vivid sights, sounds, and scents for which the nation is famous. Numbers of renowned Malaysian chefs will be on hand to demonstrate their expert culinary skills, and there will also be 10 hawker-style live stations cooking up delicious street food and more than 40 traditional Malaysian delicacies. Visitors can also marvel at giant versions of four classic dishes, including Malaysian-style chicken wings, extra-long satays, an enormous oyster pancake, and a towering roti canai (Indian flatbread).

The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet.
The festival showcases the best of Malaysian authentic street food with giant cuisines at the dinner buffet.


Chef specialties on offer include Malay black char siu; curry fish heads with ladyfinger and eggplant; curry chicken with baguette; prawn with butter and oat; fried soft-shell crab with chili crab sauce; ayam goreng nasi lemak, coconut rice, crispy anchovies, and onion sambal sauce; fried sambal kangkong; and fragrant rice.

At the lively hawker stalls, meanwhile, guests can enjoy an irresistible selection of freshly cooked Malaysian street food classics, including Penang’s famous char kway teow; oyster omelet with coriander and homemade chili sauce; fried mee udang; roti canai, roti tissue, mamak mee goreng with eggs and sambal sauce and Indian teh tarik; BBQ chicken wings with a honey glaze; chicken and beef satay with condiments; curry laksa; bak kut teh herbal pork ribs soup with condiments; and hot plate sambal fish and sotong.

Top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try.
Top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try.

Durian, Malaysia’s national fruit, takes pride of place at the festival once again this year, with 4 types of top-quality durian, hand-picked by a durian master and flown in fresh from Malaysia, available for visitors to try. In addition, there is a selection of special durian drinks and desserts to sample, as well as other Malaysian favorites such as mangosteen and rambutan.

The Malaysian Dinner Buffet takes place from 6pm–9pm Monday to Thursday and 5.30pm-9.30pm Friday to Sunday from July 18-31, and tickets are priced MOP 688 (+10% service charge) for adults (including a premium durian platter) and MOP 344 (+10% service charge) for children aged 3-11 years old. Children under three years old can enjoy free entry. Settle your bill with the ICBC Galaxy Macau Credit Card to enjoy an instant rebate of MOP200 per adult. GALAXY ULTIMATE member can enjoy 10%off. For enquiries and reservations, call +853 8883 2221.

Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye.
Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye.

Over at East Square, guests can enjoy a wide selection of exciting cultural activities that will transport them to buzzing Malaysia in the blink of an eye. Transformed into a mini-Malaysia filled with Instagram-worthy photo opportunities for the duration of the festival, East Square features a Malaysia-themed pop-up market where visitors can shop traditional goodies and take a souvenir from the country home with them. There will also be a range of classic snacks, desserts, and drinks to enjoy—from calamansi juice with sour plum to nyonya kuih nine-layer pastry—while F&B outlets at East Square will be joining the celebration with a range of Malaysian food specials. In addition, visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.

Visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.
Visitors can immerse themselves in Malaysian culture through a variety of handicraft workshops, lively games, and traditional Malaysian music and dance performances.

A unique opportunity to travel to Malaysia without leaving Macau, the 10th Malaysian Cultural and Food Festival is an event that no food lover will want to miss!
Hashtag: #GalaxyMacau

The issuer is solely responsible for the content of this announcement.

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and

More Than a Quarter of Private Markets Professionals See Deal-Making Improving in 12 Months or Less

Major new global study by CSC finds uplift in market optimism

  • 76% of global respondents believe market conditions will improve within five years, with the use of SPVs also set to grow
  • Private debt professionals are the most optimistic regarding market conditions
  • Greater deal complexity and a growing burden of regulation are impacting use of SPVs
  • Outsourcing to SPV administrators set to grow, aided by more sophisticated technologies and platforms

HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – New research among 400 C-suite level executives and senior professionals working in private markets commissioned by CSC has found more than a quarter (29%) view conditions for deal making improving in less than one year—or that it’s already happening. In addition, almost half (46%) believe market conditions will improve in the next two to five years, with deal growth resulting in the growth of special purpose vehicles (SPVs).

The study by CSC1, the world’s leading provider of global business administration and compliance solutions, was commissioned among investment professionals in private equity, private debt, real estate, and infrastructure in Europe, the U.S. and Asia Pacific. The findings are detailed in a new report focused on the fundamental role that SPVs play in optimizing private market investments.

Respondents based in Asia Pacific are the most cautious, with only 16% believing that market conditions will improve in less than one year, or that it is already happening. This differs from North America and Europe, where 37% and 33% respectively already see improvements or expect improvements in less than one year.

Among key other key findings, the growth of private debt—and the role that SPVs are playing in supporting the growth of this asset class—was particularly notable. Around two thirds (67%) of debt professionals believe market conditions will improve over the next two to five years.

“Our study has found far more optimistic sentiment among senior private markets professionals, following a few years of significant market volatility, which bodes well for the wider investment sector and global economy,” notes Thijs van Ingen, global market leader, CSC Corporate and Legal Solutions. “Private debt professionals were much more optimistic than their peers working in different sectors. This supports the trend we are seeing more generally in the market, which sways towards private debt.”

The study from CSC comes at a time when private markets have started to recover following significant volatility and headwinds in recent years. Use of SPVs—critical structures at the center of the global investment system—have also grown, but now with managers facing greater complexity through greater multi-jurisdiction regulation, stricter reporting requirements and a need for richer levels of data granularity.

“SPVs have become increasingly complex, and far more work needs to be done to manage them—particularly when you factor in new regulations and requirements,” comments Delphine Jones, managing director of CSC Client Solutions. “However, the SPV ecosystem has also become relatively inefficient, with a wealth of unnecessary complexity. It is in this environment that outsourcing to specialist SPV administrators is also growing.”

CSC research revealed that most private markets firms that do outsource currently use two outsourcing partners, with a view to increasing this to either three or four partners in the next few years. The top criterion for respondents when looking for the ideal SPV administrator are reputation (66%), technology and reporting data (65%), and having a sophisticated technology platform (64%). Respondents across both real assets and private equity and debt stated that they would most like technology to deliver a centralized portal for a single view of all SPVs (57% and 59% respectively).

“Many cited technology as an important factor when selecting their SPV administrator, marking the importance of technology when it comes to SPV management,” says Thijs van Ingen. “This includes optimizing deal sourcing, investment, aiding portfolio performance, and many other areas.”

“Regardless of strategy, fund managers are aiming to have a tech-enabled approach and are looking to achieve as close to an all-in-one administrative solution as possible,” adds van Ingen. “While it may seem advantageous to use multiple outsourcing partners, having a large number of partners can actually make processes even more complex. Consolidating your SPV administration to one outsourcing partner globally helps to streamline your processes.”

1CSC, in partnership with Pure Profile, surveyed 400 (between Dec 2023-Jan 2024) C-suite level executives and similarly senior professionals working in private equity, private debt, real estate, and infrastructure. Respondents were equally split between North America, APAC, and U.K. and Europe.
Hashtag: #CSC

The issuer is solely responsible for the content of this announcement.

About CSC

CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world’s leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at cscglobal.com.

More Than a Quarter of Private Markets Professionals See Deal-Making Improving in 12 Months or Less

Major new global study by CSC finds uplift in market optimism

  • 76% of global respondents believe market conditions will improve within five years, with the use of SPVs also set to grow
  • Private debt professionals are the most optimistic regarding market conditions
  • Greater deal complexity and a growing burden of regulation are impacting use of SPVs
  • Outsourcing to SPV administrators set to grow, aided by more sophisticated technologies and platforms

HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – New research among 400 C-suite level executives and senior professionals working in private markets commissioned by CSC has found more than a quarter (29%) view conditions for deal making improving in less than one year—or that it’s already happening. In addition, almost half (46%) believe market conditions will improve in the next two to five years, with deal growth resulting in the growth of special purpose vehicles (SPVs).

The study by CSC1, the world’s leading provider of global business administration and compliance solutions, was commissioned among investment professionals in private equity, private debt, real estate, and infrastructure in Europe, the U.S. and Asia Pacific. The findings are detailed in a new report focused on the fundamental role that SPVs play in optimizing private market investments.

Respondents based in Asia Pacific are the most cautious, with only 16% believing that market conditions will improve in less than one year, or that it is already happening. This differs from North America and Europe, where 37% and 33% respectively already see improvements or expect improvements in less than one year.

Among key other key findings, the growth of private debt—and the role that SPVs are playing in supporting the growth of this asset class—was particularly notable. Around two thirds (67%) of debt professionals believe market conditions will improve over the next two to five years.

“Our study has found far more optimistic sentiment among senior private markets professionals, following a few years of significant market volatility, which bodes well for the wider investment sector and global economy,” notes Thijs van Ingen, global market leader, CSC Corporate and Legal Solutions. “Private debt professionals were much more optimistic than their peers working in different sectors. This supports the trend we are seeing more generally in the market, which sways towards private debt.”

The study from CSC comes at a time when private markets have started to recover following significant volatility and headwinds in recent years. Use of SPVs—critical structures at the center of the global investment system—have also grown, but now with managers facing greater complexity through greater multi-jurisdiction regulation, stricter reporting requirements and a need for richer levels of data granularity.

“SPVs have become increasingly complex, and far more work needs to be done to manage them—particularly when you factor in new regulations and requirements,” comments Delphine Jones, managing director of CSC Client Solutions. “However, the SPV ecosystem has also become relatively inefficient, with a wealth of unnecessary complexity. It is in this environment that outsourcing to specialist SPV administrators is also growing.”

CSC research revealed that most private markets firms that do outsource currently use two outsourcing partners, with a view to increasing this to either three or four partners in the next few years. The top criterion for respondents when looking for the ideal SPV administrator are reputation (66%), technology and reporting data (65%), and having a sophisticated technology platform (64%). Respondents across both real assets and private equity and debt stated that they would most like technology to deliver a centralized portal for a single view of all SPVs (57% and 59% respectively).

“Many cited technology as an important factor when selecting their SPV administrator, marking the importance of technology when it comes to SPV management,” says Thijs van Ingen. “This includes optimizing deal sourcing, investment, aiding portfolio performance, and many other areas.”

“Regardless of strategy, fund managers are aiming to have a tech-enabled approach and are looking to achieve as close to an all-in-one administrative solution as possible,” adds van Ingen. “While it may seem advantageous to use multiple outsourcing partners, having a large number of partners can actually make processes even more complex. Consolidating your SPV administration to one outsourcing partner globally helps to streamline your processes.”

1CSC, in partnership with Pure Profile, surveyed 400 (between Dec 2023-Jan 2024) C-suite level executives and similarly senior professionals working in private equity, private debt, real estate, and infrastructure. Respondents were equally split between North America, APAC, and U.K. and Europe.
Hashtag: #CSC

The issuer is solely responsible for the content of this announcement.

About CSC

CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world’s leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at cscglobal.com.

TraderBoBo Revolutionizes Gold Trading with Advanced Real-Time Analysis and Comprehensive Educational Tools


BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2024 – TraderBoBo, the cutting-edge online platform that simplifies investment strategies, has announced the launch of its new real-time gold trading updates. This enhancement builds on its robust educational content, now encompassing detailed insights into gold trading—from beginners’ basics to advanced strategies.

Caption

Navigating the Gold Market with Precision

Gold trading, specifically Forex gold trading under the symbol XAUUSD, is recognized globally for its high liquidity and potential profitability. XAUUSD represents the exchange rate between one ounce of gold and the US dollar. For instance, an XAUUSD rate of 1,800 points indicates that $1,800 is required to purchase one ounce of gold. Gold trading through Contracts for Difference (CFD) offers opportunities for profit in both rising and falling markets and remains active 24 hours a day from Monday to Friday, based on Thailand time (GMT+7).

Strategic Insights and Enhanced Learning

TraderBoBo’s platform highlights crucial factors that influence gold trading, including gold demand and supply dynamics, oil price fluctuations, political risks, the strength of the US dollar, monetary policies, and interest rates. Real-time updates on US unemployment claims and news from Forex Factory also play a significant role.

Additionally, TraderBoBo offers guidance on selecting brokers to optimize trading costs and profits. The platform’s comprehensive strategy education includes the use of indicators, fundamental analysis from economic data, and technical analysis through chart observations—all designed to be accessible on the TraderBoBo website.

Educational Highlights for Empowered Trading

TraderBoBo provides a range of insightful articles to educate traders further:

    1. How to Read Forex Factory (News Calendar): What is Forex Factory and How to Use It
    2. The Latest Gold Analysis: Gold Analysis
    3. Understanding Forex Gold Trading: What is Forex Gold Trading?
    4. Top 5 Gold Trading Brokers for 2024: Review of Top 5 Gold Trading Brokers
    5. Impact of Unemployment Claims on Gold: What are Unemployment Claims and How Do They Affect Gold?

Resources and Community Engagement

For those new to the market, TraderBoBo recommends following detailed gold analysis available at traderbobo.com/analysis or adding TraderBoBo as a LINE friend through https://lin.ee/bGpJUuT for the latest in trading news, delivered in Pee Bo’s unique style. These resources are crafted to help traders stay informed and maintain a competitive edge in the dynamic gold market.

Hashtag: #TraderBoBo

The issuer is solely responsible for the content of this announcement.

About TraderBoBo

TraderBoBo is a premier online media platform that offers essential investment knowledge across various domains, including stocks, Forex, cryptocurrency, and now, gold trading. With a mission to make complex investment topics accessible to all, TraderBoBo is dedicated to empowering investors with the tools they need for success.

Facebook: Traderbobo – Investment Insights ()

YouTube: Traderbobo ()

X: @traderbobo ()

Blockdit: traderbobo ()

TikTok: @traderbobo.official ()

TraderBoBo Revolutionizes Gold Trading with Advanced Real-Time Analysis and Comprehensive Educational Tools


BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2024 – TraderBoBo, the cutting-edge online platform that simplifies investment strategies, has announced the launch of its new real-time gold trading updates. This enhancement builds on its robust educational content, now encompassing detailed insights into gold trading—from beginners’ basics to advanced strategies.

Caption

Navigating the Gold Market with Precision

Gold trading, specifically Forex gold trading under the symbol XAUUSD, is recognized globally for its high liquidity and potential profitability. XAUUSD represents the exchange rate between one ounce of gold and the US dollar. For instance, an XAUUSD rate of 1,800 points indicates that $1,800 is required to purchase one ounce of gold. Gold trading through Contracts for Difference (CFD) offers opportunities for profit in both rising and falling markets and remains active 24 hours a day from Monday to Friday, based on Thailand time (GMT+7).

Strategic Insights and Enhanced Learning

TraderBoBo’s platform highlights crucial factors that influence gold trading, including gold demand and supply dynamics, oil price fluctuations, political risks, the strength of the US dollar, monetary policies, and interest rates. Real-time updates on US unemployment claims and news from Forex Factory also play a significant role.

Additionally, TraderBoBo offers guidance on selecting brokers to optimize trading costs and profits. The platform’s comprehensive strategy education includes the use of indicators, fundamental analysis from economic data, and technical analysis through chart observations—all designed to be accessible on the TraderBoBo website.

Educational Highlights for Empowered Trading

TraderBoBo provides a range of insightful articles to educate traders further:

    1. How to Read Forex Factory (News Calendar): What is Forex Factory and How to Use It
    2. The Latest Gold Analysis: Gold Analysis
    3. Understanding Forex Gold Trading: What is Forex Gold Trading?
    4. Top 5 Gold Trading Brokers for 2024: Review of Top 5 Gold Trading Brokers
    5. Impact of Unemployment Claims on Gold: What are Unemployment Claims and How Do They Affect Gold?

Resources and Community Engagement

For those new to the market, TraderBoBo recommends following detailed gold analysis available at traderbobo.com/analysis or adding TraderBoBo as a LINE friend through https://lin.ee/bGpJUuT for the latest in trading news, delivered in Pee Bo’s unique style. These resources are crafted to help traders stay informed and maintain a competitive edge in the dynamic gold market.

Hashtag: #TraderBoBo

The issuer is solely responsible for the content of this announcement.

About TraderBoBo

TraderBoBo is a premier online media platform that offers essential investment knowledge across various domains, including stocks, Forex, cryptocurrency, and now, gold trading. With a mission to make complex investment topics accessible to all, TraderBoBo is dedicated to empowering investors with the tools they need for success.

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VinFast VF 8, a design and engineering collaboration optimised for Europe

  • VinFast’s VF 8 awarded 2024 ‘Best Child Protection, Best Safety Assistance, Best Motorcyclist Safety, Best Car and Best SUV‘ by ASEAN NCAP
  • The VF 8 combines Pininfarina design, highlighted by the use of quality sustainable materials, a vast range of advanced driving assistance systems (ADAS) and highly tailorable connectivity and immersive systems for entertainment and utility application
  • A comprehensive warranty package – 10 years or 200,000 kilometers for the powertrain and 10 years with unlimited mileage for the battery cements commitment to European customer satisfaction

HANOI, VIETNAM – Media OutReach Newswire – 19 June 2024 The VinFast VF 8 is born from Vietnam’s diligence and entrepreneurial spirit, Vingroup’s manufacturing expertise, ingenuity and capacity, and VinFast’s relentless pursuit of excellence. As its first model designed for a global market, the VF 8 aims to inspire European customers with aspirational design, performance and technology, and protect them with a market-leading 10-year, 200,000km warranty.

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As an emerging manufacturing hub for multiple industries, Vietnam has long-since harboured a bold strategy for its domestic automotive industry. Six years ago, backed by Vingroup’s significant investment, this ambition took a giant step forward. Close to the picturesque shores of Cat Hai, a 335-hectare factory rose as a symbol of Vietnam’s burgeoning automotive sector and established VinFast as a bold, dynamic new brand.

This facility is the launchpad for VinFast’s global ambitions. It means that, throughout the development, validation and manufacturing stages, VF 8 has benefitted from an extraordinary combination of in-house expertise and capacity, and global partnerships with established, premium suppliers.

Global collaborations underpin a modern electric SUV

Following Vietnam’s rise as a globally integrated economy, its auto industry is poised to make its mark. As the nation’s first electric car company, VinFast is entering the international market with a strategic embrace of global expertise. At the forefront of this strategy is the VF 8, an electric SUV designed in collaboration with Pininfarina, the legendary Italian design house behind iconic vehicles for Ferrari, Peugeot, Fiat, and General Motors.

VinFast worked closely with Pininfarina to avoid quickly-dated trends and strike a balance between modern elegance and timeless appeal, providing a marriage of artistic expression and practicality.

In the search for a perfect marriage of function and form, VinFast refers to ‘Dynamic Balance’, a philosophy that shapes the VF 8 to provide a futuristic aesthetic that goes beyond the surface. The exterior features fluid, soft curves punctuated by sharp cuts, creating a visually striking and well-balanced silhouette.

However, ‘Dynamic Balance’ also considers the impact of physical design on performance and efficiency in a number of ways. It is a design approach that prioritizes stability, ensuring that all aspects work together as a cohesive unit, promoting a lower centre of gravity for improved handling at high speeds. A more balanced, aerodynamically advanced design that has been optimized for efficiency also enables enhanced NVH performance. In turn, this can help to reduce energy consumption and the rate of vehicle component wear, including the battery.

The interior of VF 8 is designed to create a feeling of elegance and sophistication. It offers a blend of high-end aesthetics, meticulous craftsmanship and modern features. The result is a relaxing ambiance that is enhanced by technology. Heated and cooled seats ensure absolute comfort in all weather conditions, while a highly intuitive 15.6-inch, high-resolution centre screen further enhances the driving experience and entertainment options on every journey.

The highest quality sustainable materials have been used wherever possible to provide a premium, European-feel interior, with soft yet hard-wearing vegan leather and a high level of attention to detail throughout the cabin.

The spaciousness of the interior is another highlight, offering ample legroom and headroom for passengers in both the front and rear seats. Even those exceeding 1.9 meters in height can comfortably travel in the back seat.

In the front, VinFast has opted for a Head-up Display (HUD) projected onto the windshield instead of the traditional instrument cluster behind the steering wheel. This allows drivers to easily monitor key information and maintain focus on the road.

The VF 8 comes in two variants, the Eco and the Plus, catering to different driving preferences. The Eco offers a powerful electric motor with a maximum output of 260 kW and 500 Nm of torque. The Plus takes performance a step further with a 300 kW motor and an impressive 620 Nm of torque, accelerating from 0 to 100 km/h in a mere 5.5 seconds.

Own with confidence – safety features and long-term warranty

VinFast aims to protect customers on every journey and throughout their entire ownership with excellent safety and 10-year warranty. The VF 8 is equipped with an advanced driving assistance systems (ADAS) featuring functionalities such as highway driving assistance, automatic lane changing, and smart parking assistance. This system will receive continuous over-the-air updates and enhancements to provide customers with the safest and most highly optimized driving experience.

Highly tailorable connectivity and immersive systems for entertainment and utility applications have been developed to differentiate the VF 8. A user-friendly platform allows voice control of the car, remote management through the VinFast app, online shopping, and even in-car video games that sync with occupants’ phones.

The VF 8 utilises latest technologies to provide more than impressive performance and smart apps, prioritizing safety with features like the regenerative braking system, reducing wear on brakes and enhancing control, especially during sharp turns and downhill driving.

VinFast’s commitment to safety was acknowledged at the ASEAN NCAP Grand Prix Awards on the evening of May 28, 2024 in Bangkok, Thailand, when it was consecutively honored with five important awards for ‘Best Child Protection’, ‘Best Safety Assistance’, ‘Best Motorcyclist Safety’, ‘Best Car’ and ‘Best SUV’.

Organized biannually by the Southeast Asia New Car Assessment Program (ASEAN NCAP), these awards recognize excellence in the auto industry. This year, the VF 8’s outstanding safety equipment impressed the experts.

The success of the VF 8 in the ASEAN NCAP awards reflects VinFast’s commitment to outstanding safety as a core focus throughout its range. Associate Professor Dr. Dam Hoang Phuc, Director of the Automotive Technical Training Program at Hanoi University of Science and Technology, offers a scientific perspective of VinFast’s dominance at the awards.

Commending the responsiveness and effectiveness of the VF 8’s safety technologies, he said: “Electric cars inherently have a safety advantage over gasoline cars due to lower latency, which translates to quicker and more adaptable responses from the safety features. This is a significant advantage for the VF 8 in particular, and VinFast electric vehicles in general.”

Adding to the peace of mind ownership experience, VinFast offers a comprehensive warranty package – 10 years or 200,000 kilometers for the powertrain and 10 years with unlimited mileage for the battery. This commitment to customer satisfaction extends throughout Europe, and is complemented by further strategic cooperations.

Through partnerships with Bosch and Mobivia, VinFast ensures convenient charging access with Bosch’s 700,000 charging ports across 30 European countries, and reliable after-sales service through Mobivia’s 1,200 service workshops in France and Germany.

Hashtag: #VinFast #VF8

The issuer is solely responsible for the content of this announcement.