Staple Street Capital invests in attractive middle. (NYSE: UBS) and lead investor BlackRock (NYSE: BLK), brings iCapital’s total funding to date to over. Curating white papers and investment insights from top asset managers and consultants. Interestingly, on November 6, Deadline reported that Kennard was named to the board of WarnerMedia parent company to AT&T, which owns CNN. 2% stake in Dominion. The co-founders Stephen D. " , Statista Inc. Staple Street Capital LLC operates as a private equity firm. BlackRock TCP Capital can also be reached via phone at (310) 566-1000 and via email at [email protected]. This false claim is based on two people sharing a common last name. Koichopolos was a Senior Vice President at H. 3 million the New York-based private equity firm paid in 2018 to acquire a 76. G. Federal Election Commission records show. Mr. 18%) Vanguard Group, Inc. 26 Apr 2023 02:38:05Biography. PennantPark Investment, a. 2019-04-10 - BlackRock Inc. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. degree from Harvard Business. In 2018, Dominion was acquired by its management and Staple Street Capital, a private equity firm and spinn off of BlackRock!! A Soros firm. Staple Street Capital, which bought a majority stake in the voting machine maker for just $38. After its recent purchase, BlackRock remains the third-largest institutional. Find out the direct holders, institutional holders and mutual fund holders for State Street Corporation (STT). The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. Update (3/13, 5:37 PM ET): In response to the collapse, the FDIC created a new entity, making depositors and borrowers customers of Silicon Valley Bank, N. In a statement emailed to Lead Stories on April 25, 2023, a spokesperson for Dominion denied that the company is owned by BlackRock: This is false - Dominion is not owned by BlackRock--Dominion is owned by Staple Street Capital and its employees. BlackRock's. 40%. ”This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. Global ETF assets could explode to US$25 trillion by 2025, according to estimates by Jim Ross, chairman of State Street’s global ETF business. . Prior to Stonepeak, Steve held senior finance and accounting roles with Staple Street Capital, Apollo and Deloitte. State Street (NYSE: STT) is owned by 87. Prior to founding Staple Street Capital, Mr. April 19, 2023. Business Wire. From the meme thread - As far as I know Dominion is owned by Staple Street Capitol, and Fox News is owned by the Murdock family. GEODE. The all-stocks-held-by-BlackRock Inc. Apr 25, 2023. Industry consolidations. The backdrop will sound familiar to investors tracking the interaction that came into view this week between Bluebell Capital Partners, a small London-based activist hedge fund with $250 million. In. Photo: Getty. to its investors. (representing Staple Street Capital, joining as Director in 2019 after its investment in Dominion in 2018) Stephen Owen is the co-founder of Staple Street Capital. BlackRock Inc. On any given day, Jane Street will be holding about $50bn of securities, much more than many of its fleeter-footed rivals. I’ve never seen Blackrock listed as owners. 28M), and Bank of America. Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. ”Phil Taub is Snr Associate:Investment at Staple Street Capital. G. See Hootan Yaghoobzadeh's compensation, career history, education, & memberships. Staple Street spent just under $39 million to acquire a roughly 76% stake in Dominion Voting Technology in 2018 — a good two years before the Denver-based voting tech company would become a. " , Statista Inc. BLACKROCK ALTERNATIVE FUNDS S. The company’s scalable and customizable platform holds. Staple Street’s involvement started years earlier, with a buyout deal so unremarkable it was not covered by the mainstream business press. Learn More. . But in an April letter responding to a request by the House Committee on Administration, Poulos said Dominion is 75. . Ben is a Senior Operating Executive at Monomoy and works with our portfolio companies on revenue growth and profit improvement. Links to the BlackRock and Vanguard voting policies for 2022 are below. The co-founder of Staple Street is ALSO a Carlyle alumni. NEW YORK, Oct. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. Managing Director at Staple Street Capital. Prior to founding Staple Street Capital, Mr. As of January 31, 2023, the average one-year price target for Fox Corporation is $37. Staple Street Capital is currently investing out of a $265 million private equity fund where it typically seeks to invest $20 million - $75 million of equity per transaction to support initial. Its directors were listed as Hootan Yaghoobzadeh of Staple Street Capital, Stephen Owens, also of Staple Street, and Benjamin Humphreys. 1 BlackRock derives the majority of its revenue from investment advisory and administrative fees charged to its clients. " Regulatory filings (archived here) show BlackRock does have a stake in Dominion Energy, a power company based in the US state of Virginia. Hootan Yaghoobzadeh, co-founder of Staple Street Capital, the private equity firm that owns Dominion Voting Systems, joins CNBC's Eamon Javers on 'Squawk Box' to discuss Fox's $787. 09B), BlackRock Inc. 19 - 6. Dominion was acquired by private equity group Staple Street Capital at a roughly $80 million valuation in 2018, according to a Fox filing. “It is owned by Staple Street Capital. Yaghoobzadeh spearheaded and oversaw a series of defamation lawsuits against the. "Total Assets under Management (Aum) of State Street Corporation from 4th Quarter 2010 to 4th Quarter 2022 (in Trillion U. The Gateway Pundit writes: “On Oct 8, 2020, Staple Street Capital filed SEC Form D offerings and sales amount of. 5 million windfall after Fox Corp (FOXA. “@catturd2 Dominion is owned by a private equity company called Staple Street Capital. 45% institutional shareholders, 2. The world's leading content platform for institutional investors. Cerberus Capital Management Images below:Staple Street may be the biggest winner. Prior to joining Staple Street, Mr. Though she shares the same surname as. B. Photo: Amir Hamja for The Wall Street Journal. Staple Street Capital, a private equity firm based in New York, will acquire substantially all of the assets of Kansas City-based Mid-States Supply Co. Disposition of Acquired Organization Separate Entity. Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. 50,810:Staple Street Capital is a New-York based private equity firm that invests in middle-market businesses. 2 percent of Dominion Voting Systems, Dominion CEO John Poulos said in a letter responding to a request from the House Committee on Administration, according to The Associated Press. Since 2011, though, Soros' investing activities have. ("South Street") is pleased to announce the completion of the sale of $90 million secured. S. 02 May 2023 03:39:18The Canada-founded and Denver-based company was acquired in mid-2018 by Staple Street Capital, a mid-market buyout firm co-founded by Carlyle Group and Cerberus vets. The hospital had been established in 1771. Yuna Chung has been working at Staple Street Capital for 3 years. 31, BlackRock Inc. Syracuse, NY. 3 million the New York-based private. Poulos, Dominion’s chief executive, retains a roughly 12 percent stake. Although there is a Chinese bank and investment firm named ‘UBS. Dominion Voting Systems and Dominion Resources are two completely unrelated companies. Prior to founding BlackRock in 1988, Mr. 8 million, unaware that Denver-based Dominion would become a household name within just a. . The counterclaim also notes that Dominion CEO John Poulos told Staple Street partner and co-founder Hootan Yaghoobzadeh in December 2020, amid media coverage of Trump’s allegations about the. By Pamela Geller GellerReport. Becker was a Principal at Thayer Street Partners where he focused on making private equity, growth equity, and structured debt investments in financial services and business services companies that are primarily technology-enabled. S. (8. He was also chairman of the FCC 1997-2001. Staple Street’s involvement started years earlier, with a buyout deal so unremarkable it was not covered by the mainstream business press. Managing Director/Co-Founder, Staple Street Capital. Email;. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. 56. DUBAI, UAE, March 20, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, has established an office in Dubai, expanding. This false claim is based on two people sharing a common last name. 8 million, unaware that Denver-based Dominion would become a household name within just a. ’s second-quarter. Prior to founding Staple Street Capital, Mr. That would be a hedge fund investment. S. Staple Street closed its most recent pool, Fund III, in 2020 on $520 million, Buyouts reported at the time. and Canada. Kevin Siedenburg is a Head of Business Development, Managing Director at Staple Street Capital based in New York City, New York. 82 billion. In their previous filing dated 2019-02-06 , BlackRock Inc. Owens was a Managing Director at The Carlyle Group where he was a member of the firm’s U. 50. ($936. When the House of Relief was built, NYH was uptown, at 5th Avenue and 15th Street. 65B), State Street Corp ($1. Learn More. Staple Street Capital, created by former executives of Carlyle Group and Cerberus Capital in 2010, held a one-and-done final close on its third fund on $520. Change location. Hootan Yaghoobzadeh Managing Director and Co-Founder. filed an SC 13G/A. Our investment approach is guided by the following principles:Our success. He also served as Board Member at Aaroma Holdings. This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. +. 5 million settlement is a private equity firm that stands to make a 1,500% return. As of March 31, 2023, the since inception Net IRR is 11. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. According to Dominion, 75. Steve Owens is Managing Director/Co-Founder at Staple Street Capital. “I agree all these rats stink, but this meme is misleading as fuck. “No @FannKfann Blackrock does not own Dominion. Staple Street Capital Staple Street Capital invests in attractive middle market companies where we can partner with management to create value. S. The asset class tends to be misunderstood, due to its complicated structure, or wholly ignored, because of. 1 BlackRock derives the majority of its revenue from investment advisory and administrative fees charged to its clients. The protesting may come too late, because BlackRock, Vanguard and State Street have. The co-founders of Staple Street Capital, Stephen Owens and Hootan Yaghoobzadeh, are veterans of The Carlyle Group and Cerberus Capital, respectively, and first worked together starting in 1998. 2:36 PM · Apr 25, 2023 Last year, for example, BlackRock, Vanguard and State Street supported a successful effort to shake up the board of Exxon Mobil by installing new members who promised to take climate change more. Prior to joining Staple Street Capital, Mr. Photo: Getty. About. Dominion voting is owned by its own management and Staple Street Capital. 9%). A. staple street capital wiki › Verified 6 days agoKansas City, Mo. Crowell founded Vance Street Capital, a private equity partnership, to acquire and grow California based, middle market companies in partnership with operating management. The amount is equivalent to 20 times the $38. I want to learn more about BlackRock. ” IVV, which is BlackRock's largest exchange traded fund, has provided investors with a +25. Kama joined BlackRock’s Institutional Client Business as a Graduate Analyst in 2016, in which she provided support in relationships with sovereign wealth funds, insurers, pensions and endowments. Primary Organization. 25 Apr 2023 23:21:28Long-term Capital Market Expectations: Brighter Times Ahead (Franklin Templeton Investments) Franklin Templeton | 13 Dec 2022. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. 3 million in 2018 to acquire 76. filed an SC 13G/A. S. A Staple Street Capital portfolio company, Dominion was the victim of a disinformation campaign in which Fox News and other parties spread damaging lies about the Company. 29 Apr 2023 00:13:54RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. Rashid received a B. The amount is equivalent to 20 times the $38. Also Known As Steve. The settlement came just as opening. This power that is subject to little public awareness or accountability. This compares to 8. GE Capital Solutions. Staple Street Capital owns 75. One outlet recently described him. O) settled a defamation lawsuit brought by the voting machine operator. Fitzgibbon was a Principal at H. 5 million to settle a lawsuit with Dominion Voting Systems alleging the network defamed it in 2020 election broadcasts. Staple Street Capital, created by former executives of Carlyle Group and Cerberus Capital in 2010, held a one-and-done final close on its third fund on $520 million. The combined assets of BlackRock, Vanguard and State Street account for about 82% of the S&P 500’s market capitalization, about 25% of shares that voted in director elections at S&P 500. The settlement was a huge windfall for New York-based Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems. You are conflating Dominion Energy with Dominion Voting. from Tuck School of Business at. The MF can’t read. 42 trillion in assets under management as of June 30, 2023. Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding Ukraine, Kyiv announced Wednesday following a meeting between the two men. 8 million, unaware that Denver-based Dominion would become a household name within just a. 5 million. Staple Street Capital is currently investing out of a $265 million private equity fund where it typically seeks to invest $20 million - $75 million of equity per transaction to support initial. Ben started his career with GE as a financial analyst in the aircraft engine division, and he. Dominion Voting Systems is a separate company with. The settlement came just as. Stephen D Owens Managing Director and Founder. Dominion’s CEO and co-founder John Poulos owns about 12% of the company. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. Staple Street has $900 million in assets. sold $400 million in securities to UBS Securities Co. to be as follows, presented in the table below with each row detailing each BlackRock Inc. In 2018, Dominion publicly announced it had been acquired by its management team and Staple Street Capital. Source: Bloomberg. com. “Dominion Voting Systems is not owned by BlackRock,” he said. RT @PrezLives2022: The Right is spreading a rumour that both Fox and Dominion are owned by the same company and Dominion basically sued itself. is pulling some $2 trillion of assets out of State Street Corp. P. The receiver of the payment was Staple Street Capital, which previously bought Dominion Voting Systems in 2018. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. Behind-the-curtain of the biggest media trial in a generation, stand a PE-owned voting company and its PR machine. 15%) NAV Total Return as of Nov 17, 2023 YTD: -5. Top Investor Types Micro VC , Hedge Fund , Fund Of Funds , Venture Capital , Private Equity Firm. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. Better-than. 82 billion. Geode Capital Management : 752,985 shares, or 0. Speaker Nancy Pelosi's husband is making massive stock trades as Congress mulls whether to ban lawmakers and their spouses from trading. 96B), Dodge & Cox ($1. Staple Street Capital isn't solely focused on companies that make voting machines. 05%) Capital International Investors (3. Shaun Fitzgibbon is a Managing Director at Staple Street Capital based in New York City, New York. “They obviously have a lot of smart technologists, but in their DNA. Prior to joining Monomoy, Ben held several operating and CFO roles with Cerberus, Blackrock and Staple Street Capital. BlackRock has partial ownership in both Dominion Resources and Fox News Corporation. Complex and special situations. Staple Street Capital acquired Dominion Voting Systems in 2018, alongside the management team. Percentage Non-Profit 0%. 28M), and Bank of America Corp DE. BlackRock. 40%) NAV Total Return as of 13/Nov/2023 YTD: -2. C. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. BlackRock has 16,000 colleagues work from 89 offices in 38 countries around the world. +1. The official website of Staple Street Capital has deleted the team introduction. See Benjamin Humphreys's compensation, career history, education, & memberships. The co-founder of Staple Street is ALSO a… Show more . Shaun received a Bachelor of Science degree , magna cum laude degree from Babson College and a M. About Staple Street Capital. He is responsible for identifying and evaluating investment opportunities, performing due diligence and working with our management teams to create value. Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational. Staple Street Capital bought Dominion Voting Systems in 2018, with a $38 million equity check and an $80 million enterprise value. 624. S. 40%. S. At the time, the private equity firm valued the technology vendor at $80 million, or. With over 20,000 white papers, Savvy Investor is the world's leading research network for investment professionals. ’s. This represents 0. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$9. According to a Morningstar report, those top three. BlackRock-Backed Navigator Scraps US Corn Belt CO2 Pipe. April 18 (Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. U. Kennard was also on John Kerry's foreign policy. Prior to joining Monomoy, Ben held several operating and CFO roles with Cerberus, Blackrock and Staple Street Capital. Long ago, Dominion earned $44 million in 2012. Previously, Mr. Before she joined BlackRock in 2014, Valentine Andrews was the co-head and operating chief for Morgan Stanley's infrastructure platform. ’s. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. RT @PrezLives2022: The Right is spreading a rumour that both Fox and Dominion are owned by the same company and Dominion basically sued itself. It might have been the best private equity deal ever. dollars. The table below reflects the performance of all active PE partnership investments as of March 31, 2023. Claim: Blackrock owns Dominion Voting Systems sharesBlackRock has 45. 96% retail investors. Founded in 2009, Staple Street Capital is a private equity firm based in New York, New York. Staple Street looks to invest up to $75 million per transaction and will consider opportunities in the business services, chemicals, communications, media, software, consumer, retail, distribution, energy, financial. They are not affiliated with BlackRock our Vanguard. Certares Management LLC 350 Madison Avenue, 8th Floor New York, NY 10017 +1. I. 2 percent of Dominion. Staple Street Capital is a private equity firm that invests in middle-market businesses where we can partner with motivated and proven management teams to create value. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. which is not the same as Dominion Voting Systems, a company privately held mostly by Staple Street Capital. . 04 Oct, 2022, 11:57 ET. 49%: $3468835552000: 5376 During the previous two years, 961 institutional investors and hedge funds held shares of State Street. Hence, just three companies wield an enormous potential power over corporate America. Claim: China Bought Dominion Voting Systems for $400 million in October 2020. Hyslop was a Vice President at Cerberus Capital Management. The iShares U. The Chairman was general counsel. Dawn Lim. On Jan. Dollars). On July 16, 2018 Dominion Voting Systems (“Dominion Voting”) announced that was acquired Staple Street Capital, a private equity firm. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. It might have been the best private equity deal ever. ’s safekeeping, a move that will reduce the investing firm’s reliance on a small number of. One of Wall Street’s most prominent names may be cashing out of his own company. Prior to joining Staple Street, Mr. +0. Jeffrey Hyslop serves as Managing Director at Staple Street Capital. Nuveen Real Estate Income Fund. Poulos also said that he owns 12 percent of the company and that no other investor owns more than a 5 percent. "Vanguard and State Street Global Advisors, the largest fund managers after BlackRock, are users, as are half the top 10 insurers by assets, as well as Japan's $1. Its directors were listed as Hootan Yaghoobzadeh of Staple Street Capital, Stephen Owens, also of Staple Street, and Benjamin Humphreys. Learn More. Dec 9, 2021. Sign upStaple Street Capital serves clients in the United States. About Staple Street Capital. Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational. 27 Apr 2023 03:38:14“@MaryLCamacho @lisastewart59 Hey, so it was brought to my attention that Dominion energy is what Blackrock owns not voting machines. L. Managing Director at Staple Street Capital. Yaghoobzadeh and Owens have past ties to the Soros-backed Carlyle Group. The firm was founded in 2009 by Stephen D. " That's what Blackrock owns a part of. The big winner from Fox’s $787. Staple Street Capital LLC acquired a roughly 76% stake in the voting technology company in 2018 for $38. ($867. STAPLE STREET CAPITAL ( CRD # 173785/SEC#:801-80588 ) STAPLE STREET CAPITAL, STAPLE STREET CAPITAL MANAGEMENT, L. O) settled a. . Dominion Voting was acquired by private equity company Staple Street,. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. Cerberus Capital Management Images below: For some odd reason, Staple Street Capital scrubbed their website all the way down to the executive team. " That's what Blackrock owns a part of. The co-founder of Staple Street is ALSO a Carlyle alumni. Percentage Acquired 17%. Ben is a Senior Operating Executive at Monomoy and works with our portfolio companies on revenue growth and profit improvement. Boyd was an Associate at Stella Point Capital, where he focused on making middle market private equity investments across. Osler, Hoskin & Harcourt LLP represented Dominion Voting Systems with a team consisting of Chad Bayne, Justin. ”It is not clear how much Staple Street stands to receive after legal taxes and fees, but the $787. 26 Apr 2023 05:07:01Read on to learn how State Street Corp and BlackRock Inc compare based on key financial metrics to determine which better meets your investment needs. 28 (-0. 5 million settlement is a private equity firm that stands to make a 1,500% return. Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital. , representing 15. “No @FannKfann Blackrock does not own Dominion. 7 million shares in Fox Corp. Fund Flow Leaderboard. Acquisition Type Leveraged Buyout. Photo: Amir Hamja for The Wall Street Journal. The partners at Staple Street Capital added, “We are proud of the Mid States team and all that they have accomplished during our ownership. Poulos: We executed the transaction in mid-2018. This is markedly different from the fragmented actively managed mutual funds industry characterized by centrifugal market forces – there is no. John Poulos, the CEO of. degree from Emory University's. filed an application on August 25, 2021, and an amendment to the application on March 17, 2022, requesting an order under. REGISTRATION STATUS. These four — Vanguard, Blackrock, State Street and Berkshire Hathaway — are the four largest investment firms on the planet. Founded in 2009, Staple Street Capital is a private equity firm based in New York, New York. 212. LONDON — BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company’s alleged “hypocrisy” on its environmental, social and governance. 1% ownership. Fitzgibbon was responsible for all key aspects of the private equity investment process, including: origination, due diligence, transaction structuring, financing, and execution of post-closing growth and operational. BlackRock owned 11. A. The forecasts range from a low of $27. John Poulos, the CEO of. Staple Street Capital, majority owner of Dominion Voting Systems, backed a high-stakes defamation lawsuit against Fox that produced a $787. Phone Number 212. 26 Apr 2023 04:44:40Thomas is a Vice President at Staple Street Capital. Samantha Lee/Insider. “@goddeketal In reference to the reader provided context, correct, Dominion is founded by Canadians who named it after the 1917 conscription law in Canada, but Staple Street is recently listed as a stakeholder, like Blackrock, in FOX. Staple Street Capital Managing Director and Co-Founder Oct 2009. The iShares Global Consumer Staples ETF seeks to track the investment results of an index composed of global equities in the consumer staples sector. Benjamin Humphreys is Former Operating Partner at Staple Street Capital. You’re better at that. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. Management reinvigorated the culture, people, processes, and systems of the Company, transforming the business to have a leading position in a differentiated segment of the market, best-in. In 2018, Dominion was acquired by its management and Staple Street Capital, a private equity firm and spinn off of BlackRock!! A Soros firm. 39% of the company. The Carlyle group is owned by Vanguard and Blackrock, and is known for recruiting ex-politicians such as George Bush and James. "Vanguard and State Street Global Advisors, the largest fund managers after BlackRock, are users, as are half the top 10 insurers by assets, as well as Japan's $1. . Roy Rochlin/Getty Images. Investing 101. Kennard, former U.