The latter is a new team, headed by Fabrice Susini. It consists of an alternative pan-European SME lending platform. BNP Paribas AM, which rebranded from BNP Paribas Investment Partners just over a week ago, said the platform would enable it to offer clients access to scale in direct lending “by providing a powerful origination engine to ramp up SME loan funds”. The global loans team is headed by Vanessa Ritter, while the real assets, SME lending and structured finance team is headed by Laurent Guenier.BNP Paribas has hired heads for all of these areas bar structured finance in the past three months. It hired Philippe Deloffre and Karen Azoulay as heads of real estate debt and infrastructure debt in March and April, respectively, while Christophe Carrasco joined as head of SME lending in May. The structured finance team is led by Stéphane Blanchoz. David Bouchoucha, who is leading the new private debt and real assets group, said: “Private debt and real assets are increasingly becoming an essential part of investors’ asset allocation, because they bring steady income and diversification of credit exposure.“Within this area we aim to provide value to our clients through a unique ability to source assets by combining the BNP Paribas Group’s origination with innovative external origination channels; a robust process based on strong credit analysis, quantitative techniques, and ESG.” BNP Paribas Asset Management has created a private debt and real assets investment group.It brings the asset manager’s teams for real estate debt and infrastructure lending together with its SME lending and structured finance teams.BNP Paribas has combined investment teams for syndicated loans, direct loans, and private bonds that finance corporates or real assets.The three teams involved are: real assets, SME lending and structured finance; global loans; and “SME Advanced Solutions”.
The Gold Coast has recorded the strongest growth in house prices in Queensland over the past 12 months.GOLD Coast house prices are leading the way in Queensland, up six per cent in the past 12 months to an average $620,000.The latest figures by the Real Estate Institute of Queensland show homes on the Glitter Strip are $35,000 more on the same time last year.Unit prices are up 1.9 per cent to $428,000. REIQ data reveals houses on the Glitter Strip are worth $35,000 on the same time last year.REIQ’s Queensland Market Monitor for March said the strong population growth came on the back of infrastructure projects such as the $550 million Gold Coast Health and Knowledge Precinct and M1 upgrades.“The property market has been one of the big winners from the sporting event as the $1.5 billion infrastructure investment has boosted confidence and demand for housing in the region,” the report stated. WHY VENDOR CHOSE TO GO TO AUCTION TV FAMOUS HAMPTONS HOME CHANGES HANDS “We expect house prices will show an upward path in 2018. However, this growth will most likely be more moderate.”A quiet real estate period leading up to, and during, the Commonwealth Games likely contributed to a slight drop (-0.3 per cent) in the March quarterly median sales price, the report reveals. The Gold Coast property market is expected to remain strong.“We have some of the best health facilities in the country and our universities are world recognised.“Those two things alone complement the tourism industry and the lifestyle aspects that the Coast offers.”The report found the fastest-selling suburbs on the Coast included Worongary, Merrimac, Highland Park, Mudgeeraba and Carrara.It also revealed the rental vacancy held tight throughout the first quarter of the year at 1.1 per cent. More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoAndrew Henderson says a growing population and employment opportunities were contributing to a strong property market. Picture: Jerad WilliamsREIQ Gold Coast zone chairman Andrew Henderson said he expected interstate migration to continue to benefit the city.“I expect the market to remain strong,” he said. “There is a heavy amount of interstate buyers moving here.“I was at an auction recently where the winning bidder was from Sydney and the underbidder was from Melbourne.”Mr Henderson said growing employment opportunities were also attracting homebuyers to the city. Andrew Bell says the Coast had evolved from a tourist town into a vibrant city with an expanding economy. Picture Mike BatterhamRay White Surfers Paradise Group CEO Andrew Bell said the Games heralded the next chapter for the Coast, as it evolved from a tourist town into a vibrant city with an expanding economy.“The city’s property market is riding the irreversible momentum that has now come to the Gold Coast in terms of economic diversity and with more employment options we will need more housing options for people,” Mr Bell said.“We are no longer going to be subject to tourism upsides and downsides as we were in the past because our economy has well and truly diversified beyond just tourism.”
Image courtesy of ChevronChevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, has decided to back out of the Anadarko takeover deal. Chevron said that, under the terms of its previously announced merger agreement with Anadarko Petroleum, it will not make a counterproposal and will allow the four-day match period to expire.Accordingly, Chevron anticipates that Anadarko will terminate the merger agreement.“Winning in any environment doesn’t mean winning at any cost. Cost and capital discipline always matter, and we will not dilute our returns or erode value for our shareholders for the sake of doing a deal,” said Chevron’s chairman and CEO Michael Wirth.Upon termination of the merger agreement, Anadarko will be required to pay Chevron a termination fee of $1 billion.
Bender UK has appointed Robbie Mewton as technical sales manager.He joined the business in 2016 as an applications engineer, working with customers to support the end-use application of Bender industrial products.Since January 2020, Mewton who is a certified offshore engineer, has progressed into a dedicated Oil and Gas Technical Sales role. He is responsible for the development of oil, gas and subsea markets that utilise Bender technologies for continuous monitoring, analysis and reporting of unearthed electrical distribution systems and provide advanced warning of developing electrical failure and earth faults.“My new role will allow me to be part of the whole process, from discussing a new problem with a customer to the design, install and commissioning process of a project,” Mewton said.In his new role, Mewton will continue to conduct offshore surveys on the health of electrical systems, ensuring Bender devices are set-up correctly and to locate, classify and identify earth faults.
Pacia wasdetained in the custodial facility of the Hinigaran police station. BACOLOD City –Charged with murder, a man was nabbed in Barangay Gargato, Hinigaran, NegrosOccidental. Officers of themunicipal police station served the warrant issued by Judge Walter Zorilla ofthe Regional Trial Court Branch 55 in Himamaylan City dated March 30, 2019. Policeidentified him as 23-year-old resident Cornelio Pacia Jr. Pacia wascaught on the strength of an arrest warrant around 2:30 p.m. on Feb. 6, apolice report showed. The courtrecommended a P200,000 bail bond for his temporary liberty./PN
Press Association Sport understands the final touches have been put to the deal that will extend Ferdinand’s time at Old Trafford into a 12th season. “I am delighted to have signed for another year and I am looking forward to working with the new manager,” said Ferdinand. Rio Ferdinand has signed a one-year contract extension with Manchester United. Press Association It has been obvious Ferdinand wanted to remain at United for a while now. The 34-year-old last week called time on his international career in order to concentrate on club matters and has spoken openly about David Moyes’ impending arrival as Sir Alex Ferguson’s replacement. Nevertheless, the commitment of someone who has just won his sixth Premier League title is a further seal of approval for Moyes, who is facing a tough baptism at United given he has never won any major silverware despite his impressive reputation. It also represents good news for Ed Woodward, who will replace David Gill as chief executive in the summer. Woodward has been responsible for negotiating with Ferdinand’s team as he also gets used to the demands of his new role. Ferdinand has been on a friend’s stag celebrations in Marbella this week. However, he will be present for the start of pre-season training ahead of this summer’s tour to Australia and the Far East.
Press Association Keane held an informal meeting with Lambert last month with a view to replacing Ian Culverhouse, who was dismissed by the club following an internal investigation. It is understood Lambert would be happy for Keane to continue in his role as number two to Ireland boss Martin O’Neill if he were to take the Villa role. Roy Keane has held talks over becoming Paul Lambert’s assistant at Aston Villa, Press Association Sport understands. Keane is due to link back up with the Ireland squad in Dublin late on Tuesday before flying out on Wednesday for their two-game tour of the United States. Earlier this week, Keane indicated he did not wish to be considered as a potential replacement for Neil Lennon at Celtic. A source close to the club told Press Association Sport Keane had “asked not to be considered for the position”. Lambert is keen to get a permanent assistant on board as he rebuilds following Villa’s disappointing 15th-placed finish last season. The Villa job would offer Keane a route back into domestic management for the first time since he left Ipswich in January 2011.
Chelsea made the biggest net profit of any club in the world in the last two transfer windows, according to newly-released data.The London club, who served a transfer ban last summer after breaching FIFA rules on the recruitment of young players, spent just over £38million on Mateo Kovacic but made £173.7m in sales.The CIES Football Observatory found that at the other end of the scale Real Madrid – who paid Chelsea an initial reported £85m plus add-ons for Belgian playmaker Eden Hazard last summer – were £153m in negative balance when it came to transfers. Astonishingly, Premier League new boys Aston Villa were second to Real, spending £146m and earning just £2.5m, for a balance of £143.5mPremier League clubs had the biggest net deficit of Europe’s big five leagues, spending £715m more than they earned. Only Ligue 1 showed an overall profit, of £90m.Chelsea were the only Premier League team in the top 10 in terms of net earners, something which should help them post improved financial figures for 2019-20 after recording a loss of £96m for the year ending June 30, 2019.Benfica, who sold Joao Felix to Atletico Madrid last summer for a reported £113m, were in second place with a net profit of £141m, while Ajax were £116m up in third after selling star youngsters Matthijs de Ligt and Frenkie de Jong to Juventus and Barcelona respectively.Villa were joined in the top 10 in terms of negative balance by Manchester United and Tottenham in fourth and fifth respectively, who spent £128m and £119m more than they earned.Arsenal were in 11th place, spending £72m more than they earnedShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
The Undergraduate Student Government has passed a lower number of resolutions and amendments in Senate meetings than in past years at this point in the semester.Student government resolutions are meant to represent the student body’s opinion on a particular issue, and amendments to the constitution are meant to help the Senate run more efficiently. By Oct. 25, 2011, USG had passed two resolutions and two amendments to its constitution. This year, by comparison, the USG Senate has passed one amendment and one resolution.But USG President Mikey Geragos, a senior majoring in public policy, management and planning, said he believes that the lower number of legislation passed is not an indication of a lack of resolve in this year’s senate.“We’re not trying to push quantity this year,” Geragos said. “We’re trying to push quality, and I think we’ve done that very successfully.”Some priorities for USG this year include bringing a greater amount of sustainability on campus and gauging students’ interests in new hospitality services, such as Trojan Grounds and the renovated dining halls.USG Vice President Vinnie Prasad, a senior majoring in psychology and economics, said the lower number of resolutions reinforces this administration’s redirected efforts to have its senators complete thorough research before they present resolutions because it would impact and benefit the student body more.“We really encourage the senators to come up with some really interesting data that tells a coherent story and has a logical argument that would eventually lead to some exciting resolutions for the student body to benefit from,” Prasad said. “We never want to waste energy on something that students do not want.”In previous years, the Senate has also used forums to solicit student opinions. Last October, USG hosted forums about a possible smoking ban on campus and one about implementing the “We Are Considerate” campaign, which aims to help regulate bikes on campus and which resulted in the new bike lanes at the beginning of this semester. This year no such meetings have been held, although forums on the university’s new health center and information technology services are scheduled for November.Geragos attributes the later dates of the student forums to the additional research senators have done to adequately prepare.“Resolutions are keeping pace and are exceeding what they have in the past years in regard to research,” Geragos said. “We are really trying to maintain integrity in our resolutions, so that may require looking into what other schools are doing, reaching out to more students — and all of that takes time.”USG Speaker Pro Tempore Matthew Arkfeld, a junior majoring in East Asian area studies, said he believes the delayed legislation represents the increased efforts of the student government’s senators. Currently, he’s working with other Greek senators to raise awareness of sustainability on campus, such as by encouraging the recycling of Solo cups at tailgates and on The Row.“We’re doing a good job with getting the ball rolling,” Arkfeld said. “A senator’s role is basically to go see what is working, internally and externally. We have to stay well informed and take all of that information and transmit it so everyone is on the same page. Right now there are a lot of balls rolling and soon more resolutions will come from the many steps we’re taking.”Arkfeld said the Senate will pass more resolutions toward the end of this semester and in the spring semester.“It’s hard because there’s a lot that’s built up,” Arkfeld said. “We have a lot on our plate right now and writing a resolution and starting events takes a while.”This year’s administration has also placed a greater emphasis on internal efficiency among the senators, according to Geragos.“The relationships and cooperation that are happening are light-years beyond what have happened in the past [administrations],” Geragos said. “That is just a sign of the amazing people we have in the office.”Though he admits to some slow movement during the first few weeks of school, Geragos insists he is confident in the Senate’s ability to provide the best resources to the student body.“The senators have done a lot more work than anyone expected or anyone foresaw them doing compared to last year,” Geragos said.
This weekend the men’s volleyball team have a pair of matches on the road, first on Friday at No. 11 UC Irvine and then on Saturday at UC San Diego.It’s fair to say that neither the Trojans’ nor the Anteaters’ seasons have begun as expected. Before MPSF play, USC (1-7, 1-5 MPSF) was ranked 12th in the nation, and UC Irvine (2-6, 1-5) fourth. Yet on Friday, the two teams are facing off to avoid the bottom of the league and perhaps keep playoff hopes alive.Friday night’s matchup at the Bren Center means a great deal for the Trojan’s playoff push.The season is still young. In fact, USC is still trying to figure out its starting lineup.“Every game, we always get some adjustments here or there,” sophomore opposite Jon Rivera said. “I don’t think we’ve played a game where we’ve stuck with the same lineup.”Many of the inconsistencies in the Trojans’ lineup can be chalked up to injuries.At the setter position, junior Michael Mullahey remains sidelined with a knee injury, while Lewis University-transfer sophomore Gert Lisha has played only one match since recovering from a hand injury. For now, Lisha and fellow sophomore Jack Yoder are competing for the job.“I expect [Lisha] to compete for the role,” head coach Jeff Nygaard said. “Just like anyone else, I don’t believe in just giving it to a person because that doesn’t teach them anything about being a good volleyball player.”Lisha brings much experience to the court. Last year, he appeared in 26 matches for a Lewis team that lost in the NCAA finals. In 2013, he played internationally with his native Albania.At outside hitter, the Trojans are bouncing between juniors Christopher Orenic and Lucas Yoder.The 2016 position seems to remain up for grabs, as they both have sputtered out of the gates. Orenic is hitting .143, and Lucas Yoder is not much better at .191.At opposite, at least, it seems that the Trojans have found a rising star. Jon Rivera has started every game this year and last week had a career-high 23 kills versus Pepperdine, which he followed up with a strong 13-kill, five-dig performance against Stanford.The Men of Troy have been one of the worst blocking teams in the MPSF this year totaling 55.0 blocks while allowing 101.0 to opponents.Whereas the Trojans’ poor start can be traced to injury and youth, the Anteaters returned five starters from last year’s MPSF Tournament-winning team — Tamir Hershko, Kyle Russell, Jason Agopian, Andrew Benz and Michael Saeta.Two of those veterans, senior middle blocker Jason Agopian and junior opposite Tamir Hershko, made the 2015 First-Team All-MPSF.This year, the two continue to put up staggering numbers, which makes UC Irvine’s slow start all the more perplexing. Hershko leads the team with 4.07 kills/set and hits .302, and Agopian tags on an additional 1.81 kills/set with a .436 hitting percentage.On Saturday, the Trojans take on a UC San Diego (3-7, 0-4) team that has not won in MPSF play since 2014 when it went 2-22. Junior outside hitter Ian Colbert recorded back-to-back double-doubles for the Tritons last week and then in a third match versus No. 5 Hawaii matched a career-high 19 kills.Aside from Colbert’s individual performance last week, the Tritons have attacked poorly. As a team, they are hitting .198 for the season. Sophomore opposite Tanner Syftestad, who is second on the team with 65 kills, has also committed 45 errors and is hitting .112.