Tag: Asset management
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GPHA Board Undertakes Familiarisation Tour of Key Facilities
Overview: GPHA Board’s Familiarisation Tour The Governing Board of the Ghana Ports and Harbours Authority (GPHA), led by Chairman Johnson Asiedu Nketiah, recently completed a comprehensive familiarisation tour of GPHA-owned facilities. The exercise was designed to deepen the board’s understanding of daily operations, asset management, and the strategic needs of the ports and related health…
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David Gross Becomes Sole Managing Partner at Bain Capital
Leadership realignment at a private equity titan Bain Capital, the U.S. private equity pioneer with roughly $215 billion in assets under management, has announced a significant leadership shift: David Gross has been named the firm’s sole managing partner as part of a comprehensive succession plan for its leadership team. The move marks a milestone for…
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Bain Capital names David Gross sole leader of private capital giant
Bain Capital announces leadership succession Bain Capital, the U.S. private equity pioneer with approximately $215 billion in assets under management, has announced a sweeping leadership transition. The firm has named David Gross as its sole managing partner as part of a broader succession plan designed to place the firm’s long-term strategy in a single, unified…
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GWL and GNFS Expand Access to Functional Fire Hydrants Across Accra West
Overview: A United Front for Faster Fire Response In a decisive move to strengthen emergency response capabilities, Ghana Water Limited (GWL) in the Accra West Region and the Ghana National Fire Service (GNFS) have committed to a closer, more strategic collaboration. The aim is to ensure that functioning fire hydrants are readily accessible and effectively…
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Calgary 2024 feeder main break reveals systemic gaps in water management
Overview of the Findings An independent review into Calgary’s 2024 feeder main rupture has delivered a damning assessment of how the city has governed and managed its water utility assets over the last two decades. While the immediate concern was a single catastrophic failure, the review frames the event as the symptom of broader, persistent…
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Calgary’s 2024 Feeder Main Break: Independent Review Finds Systemic Gaps in Water Utility Governance
Overview of the Findings An independent review into Calgary’s 2024 feeder main rupture concludes that the city’s approach to governing and maintaining its critical water utility assets has been hampered by persistent inefficiencies, fragmented oversight, and aging infrastructure. The report characterizes the issues as systemic rather than isolated incidents, suggesting that gaps in governance, risk…
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Calgary Feeder Main Break 2024 Exposes Systemic Gaps in Water Governance
Overview: A watershed moment for Calgary’s water system Calgary’s 2024 feeder main rupture has prompted an urgent examination of how the city manages its water utility assets. An independent review commissioned in the aftermath describes a pattern of governance weaknesses and maintenance gaps that transcends a single incident, highlighting a broader risk profile for critical…
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ICICI Prudential AMC IPO: Shares Jump 20% on Debut
ICICI Prudential AMC Makes a Striking Market Debut India’s asset management landscape got a bullish nudge as ICICI Prudential Asset Management Company (AMC) opened for trading with a 20% gain following its blockbuster initial public offering. The IPO, valued at 106 billion rupees ($1.17 billion), positioned ICICI Prudential AMC as a heavyweight in the country’s…
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ICICI Prudential AMC IPO: Shares Jump 20% on Market Debut
ICICI Prudential AMC IPO: A Strong Market Welcome ICICI Prudential Asset Management Company (AMC) made a confident entry into the stock market, with shares rising about 20% on their trading debut. The initial public offering (IPO) raised 106 billion rupees, underscoring robust investor demand for India’s asset management sector as it navigates continued growth and…
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ICICI Prudential AMC’s Shares Jump 20% on Market Debut After Stellar IPO
Stellar IPO fuels a strong market debut for ICICI Prudential AMC Shares of ICICI Prudential Asset Management Company (AMC) surged about 20% in their trading debut, marking a confident start for one of India’s largest asset managers. The rally comes on the back of a blockbuster initial public offering (IPO) that raised 106 billion rupees…