had reported owning 62,250,574 shares, indicating a. Prior to joining Staple Street, Mr. Inside the private equity firm taking on the Murdochs. Hootan Yaghoobzadeh is a Co-Founder and serves as Managing Director at Staple Street Capital. Mr. See Hootan Yaghoobzadeh's compensation, career history, education, & memberships. He also spent time as Chief of Staff at Truework, a Sequoia Capital-backed startup. Dominion Voting was acquired by private equity company Staple Street,. 75%) Renaissance Technologies, LLC (2. Buyout team. April 18 (Reuters) – Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. “Dominion Voting Systems is not owned by BlackRock,” he said. 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. Prior to joining Staple Street, Mr. Why? Because he is the most powerful person on Wall Street. Take a look. 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. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. Sep 15, 2022. Complex and special situations. . 3 million in 2018 to acquire 76. Dominion voting is owned by its own management and Staple Street Capital. is pulling some $2 trillion of assets out of State Street Corp. The Gateway Pundit writes: “On Oct 8, 2020, Staple Street Capital filed SEC Form D offerings and sales amount of. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. 8 million, unaware that Denver-based Dominion would become a household name within just a. During his tenure at Carlyle, He co-founded the firm's Global Consumer & Retail Group, was a senior member of the firm's Global Communications & Media Group, and executed and oversaw. The co-founder of Staple Street is ALSO a… Show more . He also served as Board Member at Aaroma Holdings. NEW YORK NY Private Equity Investment Advisor. 3 million the New York-based private equity firm paid in 2018 to acquire a 76. "It is owned by Staple Street Capital and its employees. The firm was founded in 2009 by Stephen D. The firm has $900 million in assets under management and invests in attractive middle-market companies with. Boyd was an Associate at Stella Point Capital, where he focused on making middle market private equity investments across. iShares S&P/TSX Capped Consumer Staples Index ETF (CAD) The above results are hypothetical and are intended for illustrative purposes only. Dominion is privately held and does not disclose its financials. Staple Street. 6, three days after the presidential election. , Ltd. The most heavily invested institutionals were Vanguard Group Inc. It appears that, instead, UBS Securities LLC was buying a partnership interest in Staple Street Capital. Staple Street Capital | 859 followers on LinkedIn. Since 2011, though, Soros' investing activities have. as reveled 12:15 today, Dec. Reorganizations / recapitalizations. During his tenure at Carlyle, he co-founded the firm’s Global Consumer & Retail Group, was a senior member of the firm's Global Communications & Media Group and executed and oversaw. Learn More. Mid-States Supply Company (recapitalization, exited) Mid-States is a leading distributor of pipes, valves and fittings serving the oil and gas, general manufacturing, food and mechanical construction industries. " That's what Blackrock owns a part of. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 0 shares of Fox Corporation - Class B (US:FOX). Combined, BlackRock, State Street and Vanguard are the largest owner in 88% of the S&P 500 companies, according to a paper published Tuesday by the American Economic Liberties Project, a group. through their private equity venture Staple Street Capital. Speaker Nancy Pelosi's husband is making massive stock trades as Congress mulls whether to ban lawmakers and their spouses from trading. 9/30/2023. Percentage Non-Profit 0%. They are not affiliated with BlackRock our Vanguard. April 18 (Reuters) – Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. 3 million the New York-based private equity firm paid in 2018 to acquire a 76. 26 Apr 2023 11:49:59RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. BlackRock has 45. The Fox settlement was nearly 10 times that amount and far. With 26 years of experience and access to professional resources such as analysts and lawyers, our advisors are prepared to make informed financial decisions about your. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. 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. Blackstone Inc. 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. Prior to joining Staple Street Capital, Mr. Team. Capital, he was responsible for all key aspects of the investment process including due diligence, transaction structuring, financing, and portfolio company value creation. 17B), Ameriprise Financial Inc. EFFECTIVE DATE; SEC:40 East 52nd Street New York, NY 10022 BLACKROCK 2019 EVERGREEN PRIVATE OPPORTUNITIES CAYMAN MASTER LTD. Investment Stage Private Equity. Lead Stories reached out to BlackRock, and spokesman Christopher Berger responded by email on April. Hootan Yaghoobzadeh Managing Director and Co-Founder. Number of Founders 564. ” IVV, which is BlackRock's largest exchange traded fund, has provided investors with a +25. A. Staple Street Capital, which bought a majority stake in the voting machine maker for just $38. 69%. 6% and 10% of Fox Class A shares in 2021 and 2020 respectively according to filings from Fintel. A. Our team has completed over 100 transactions involving complicated corporate carve outs, operational. Vig and other BlackRock TCP Capital executives is 2951 28th Street Suite 1000, Santa Monica CA, 90405. , representing 15. The co-founder of Staple Street is ALSO a Carlyle alumni. 5tn government pension fund, the. G. At H. About Staple Street Capital. 11-50 [1] Website. Staple Street Capital owns 75. BlackRock Inc. A 2020 filing lists Dominion's registered agent as Florida-based Cogency Global. 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. The No. , representing 15. Prior to founding Staple Street Capital, he spent over a decade at The Carlyle Group, where he was a Managing Director in the firm's U. In 2018, it invested $38mn to acquire a majority stake. The Company focuses on business services, chemicals, communications, media, software, consumer, retail. In their previous filing dated 2019-02-06 , BlackRock Inc. LinkedIn View on LinkedIn. Although there is a Chinese bank and investment firm named ‘UBS. C. THE FACTS: More than two months after a presidential election that experts deemed secure, election technology firm Dominion. Previously, Hootan was a Senior Vice President at Cerberus Capital Management. State Street Corporation (4. Market value: $202. Staple Street Capital III, L. Source: Bloomberg. ’s second-quarter profit rose 14% on new money. The co-founder of Staple Street is ALSO a… 26 Apr 2023 13:23:49Svea Herbst-Bayliss. Staple Street Capital, a leading private equity firm with approximately $800 million of capital under management, invests in market‐leading businesses where there are identifiable strategic or. April 19, 2023. Kevin Siedenburg Head. 473: Blackrock Inc. April 19, 2023. 19%) Blackrock Inc. Claim: Blackrock owns Dominion Voting Systems sharesBlackRock Inc. “On Oct 8, 2020, Staple Street Capital filed SEC Form D offerings and sales amount of $400,000,000 with the Sales Compensation Recipient. 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. Prior to founding BlackRock in 1988, Mr. The amount is equivalent to 20 times the $38. 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. S. The Chairman was general counsel. He attended Harvard Business School. " , Statista Inc. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. BlackRock is focused on growing long-term relationships that are sustainable and create joint value. P. About Staple Street Capital. Four different pre-election valuations of Dominion in. Capital focusing on U. 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. 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. 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. 38. Better-than. April 24, 2023 — 01:20 pm EDT. Dynamic industries. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. Claim: China Bought Dominion Voting Systems for $400 million in October 2020. They… Show more. He is responsible for evaluating investment opportunities, performing due diligence and working with our management teams to create value. Buyout team. “I agree all these rats stink, but this meme is misleading as fuck. Email;. The most heavily invested institutionals were Vanguard Group Inc. (10. The settlement was a huge windfall for New York-based Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems. Stephen received a M. S. 49%* 2022 was a tough year for real estate investment trusts (REITs). Kennard was appointed FCC chairman by Bill Clinton. Osler, Hoskin & Harcourt LLP represented Dominion Voting Systems with a team consisting of Chad Bayne, Justin. That sum alone would mean trillions of dollars more for BlackRock and. On July 16, 2018 Dominion Voting Systems (“Dominion Voting”) announced that was acquired Staple Street Capital, a private equity firm. S. "Staple Street Capital III, L. Ambassador to the EU and former chair of the FCC; Jon L. The Fox settlement was nearly 10 times that amount and far. Weinstein was an investor at TorQuest Partners, where he evaluated middle market private equity transactions across a broad range of industries. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. He also served as Board Member at Aaroma Holdings. I want to learn more about BlackRock. 9/30/2023. 2% stake in Dominion Voting Systems in 2018 for $38. BlackRock Inc. Among BlackRock's major competitors are The Vanguard Group, State Street. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. He served as the U. Blackrock own 59m shares of "Dominion Energy". Roy Rochlin/Getty Images. Buyout team. Mid-States Supply voluntarily entered into. He was also chairman of the FCC 1997-2001. See Benjamin Humphreys's compensation, career history, education, & memberships. , 31 Mar 2023,. Staple Street Capital is currently investing out of a $265 million private equity fund and typically seeks to invest $20 million - $75 million of equity per transaction. 26 Apr 2023 14:40:23BlackRock, Vanguard and State Street manage a stunning $15 trillion in combined assets, equivalent to more than three-quarters the size of the US economy. Fox said in a legal filing that Staple Street paid $38. 3 million in 2018, stands to make an astounding 1,500 percent return on that deal. A n executive board member of Staple Street Capital, William Earl Kennard, is a former ambassador to the EU who was appointed to that position by former President Barack Obama. In. According to a Morningstar report, those top three. through their private equity venture Staple Street Capital. 49%. 5 million settlement with Dominion Voting Systems is Staple Street Capital, a New York private. Fund expenses, including. If BlackRock were a country, it would be the third largest economy on the planet, after the United States and China. Private equity firm Staple Street Capital valued Dominion at $80 million when it purchased a controlling stake in it in 2018. Images below: Why did Staple Street Capital also scrub this URL and page from their live website? Image below: Link: Staple Street may be the biggest winner. The protesting may come too late, because BlackRock, Vanguard and State Street have. 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. Fox News detractors wanted Dominion's lawsuit against Fox News to move forward for democracy. BlackRock and Vanguard, two of the world’s “Big Three” asset managers,. Staple Street Capital Managing Director and Co-Founder Oct 2009. Staple Street Capital bought Dominion Voting Systems in 2018, with a $38 million equity check and an $80 million enterprise value. Me and my leadership staff kept our same stake in the company, but we. On Monday morning, they had customer. Shares of BlackRock ( NYSE:BLK) are currently hovering about 30% lower from their November 2021 highs, with the tough capital markets environment severely. Fox News settled Dominion's defamation lawsuit on Tuesday for $787. L. Hootan Yaghoobzadeh is a Co-Founder and serves as Managing Director at Staple Street Capital. “@KaysEssie Dominion is owned by Staple Street Capital. Andre Ohnona is Principal at Staple Street Capital. The iShares Global Consumer Staples ETF seeks to track the investment results of an index composed of global equities in the consumer staples sector. Managing Director at Staple Street Capital. REGISTRATION STATUS . 989: Blackrock Inc. 5 million windfall after Fox Corp (FOXA. State Street: 1,604,569 shares, or 2. NEW YORK, July 16, 2018 /PRNewswire/ -- Dominion Voting Systems ("Dominion Voting") announces that it has been acquired by its management team and Staple Street. Hootan Yaghoobzadeh is Managing Director/Co-Founder at Staple Street Capital. Mr. Shaun Fitzgibbon is a Managing Director at Staple Street Capital based in New York City, New York. The sector has recently outperformed the market at large. -based Mid-States Supply recently had substantially all its assets acquired by Staple Street Capital, a leading middle-market private equity firm. 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. He is the chairman and CEO of BlackRock, the largest money-management firm in the world, with more than $9 trillion in assets under management. STAPLE STREET CAPITAL ( CRD # 173785/SEC#:801-80588 ) STAPLE STREET CAPITAL, STAPLE STREET CAPITAL MANAGEMENT, L. The firm last filed a Form D notice of exempt offering of securities on 2014-12-19. Koichopolos was a Senior Vice President at H. will have to overcome domestic political hurdles to put up $100 billion of extra capital. 1 Million shares of CISO Global Inc. 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. Prior to founding Staple Street Capital, Mr. Staple Street Capital LLC acquired a roughly 76% stake in the voting technology company in 2018 for $38. Hootan Yaghoobzadeh, co-founder of Staple Street Capital. 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. 96B), Dodge & Cox ($1. S. The forecasts range from a low of $27. Founded in 2009, Staple Street Capital is a private equity firm based in New York, New York. It listed its addresses. April 18 (Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. The partners at Staple Street Capital added, “We are proud of the Mid States team and all that they have accomplished during our ownership. Staple Street closed its most recent pool, Fund III, in 2020 on $520 million, Buyouts reported at the time. 27 to a high of $48. The settlement came just as. Staple Street Capital LLC - Company Profile and News - Bloomberg Markets Bloomberg TV+ Bloomberg Markets The Close Romaine Bostick breaks down the day's top stories. Sat 12 Oct 2019 07. Gender Male. BlackRock is a top-ten holding of State Street's Financial Sector ETF (XLF). “Blackrock does not own any shares of Dominion Voting Systems,” Isabela Velasco, a spokesperson for Dominion Voting Systems, told Reuters via email, adding that Staple Street Capital has a. It’s also important to note here that HSBC Toronto managed to secure 18 different Dominion patents that represent the technical. Yuna Chung has been working at Staple Street Capital for 3 years. ’s second-quarter. En la presente reseña abordaremos cada uno de los aspectos que definen a este fondo, desde su historia, su éxito comercial y sus inversiones. filed an SC 13G/A. (8. Kevin Siedenburg C: 646-477-2901. Ian is a Vice President at Staple Street Capital. 28M), and Bank of America. ($936. BlackRock. The world's leading content platform for institutional investors. " ). People are conflating Dominion Energy with Dominion Voting Systems… DVS is owned by a hedge fund called Staple Street Capital. And the same goes for the other packaged food companies. The payer of the $400 million was UBS Securities LLC, which is a subsidiary of Swiss investment bank UBS. 2 percent of Dominion. 39% of the company. See Hootan Yaghoobzadeh's compensation, career history, education, & memberships. Staple Street Capital is a private equity firm that invests in market-leading businesses, where it can provide the strategic oversight, financial resources and access. The co-founders Stephen D. S. 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. April 18 (Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. These four — Vanguard, Blackrock, State Street and Berkshire Hathaway — are the four largest investment firms on the planet. Hootan Y. SEC 10/08/20 they’re expecting $800 million. You are conflating Dominion Energy with Dominion Voting. 2% owned by the New York-based private equity firm Staple Street Capital and. ambassador to the European Union 2009-2013, nominated by Barack Obama. Business Wire. BlackRock's. ”Phil Taub is Snr Associate:Investment at Staple Street Capital. Staple Street Capital LLC. 5 million settlement. 792: Vanguard Group, Inc. Claim: BlackRock, a massive, multi-national investment group, owns both Fox News and Dominion Voting Systems. Shaun received a Bachelor of Science degree , magna cum laude degree from Babson College and a M. In 2011, Miami-based private equity firm HIG Capital,. ”It is not clear how much Staple Street stands to receive after legal taxes and fees, but the $787. This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. The co-founder of Staple Street is ALSO a… Show more . Staple Street Capital LLC acquired a roughly 76% stake in the voting technology company in 2018 for $38. let me clear this up. The two companies, however, are different and not connected. About. Stephen D Owens Managing Director and Founder. 212. In a statement,. BlackRock owned 11. C. 68B. Driving the news: Dominion yesterday agreed to drop its defamation lawsuit against Fox News, in exchange for $787. Staple Street Capital is a New-York based private equity firm that invests in middle-market businesses. Links to these documents are also below. Staple Street Capital, majority owner of Dominion Voting Systems, backed a high-stakes defamation lawsuit against Fox that produced a $787. 17B), Ameriprise Financial Inc. Owens and Hootan Yaghoobzadeh, who are also involved ay Cerberus Capital Management, and board. (6. More information:. is the Managing Director and Co-Founder of Staple Street Capital. Yaghoobzadeh and Owens have past ties to the Soros-backed Carlyle Group. Prior to founding BlackRock in 1988, Mr. I. The co-founder of Staple Street is ALSO a… Show more . Disposition of Acquired Organization Separate Entity. BlackRock's leases on East 52nd Street expire in April. 30. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. Kevin Siedenburg is a Head of Business Development, Managing Director at Staple Street Capital based in New York City, New York. S. Company Type For Profit. Staple Street Capital Star America Infrastructure Partners Star Mountain Capital Starling Ventures Starr Investment Holdings StarVest Partners2SV Capital LLC 2x Consumer Products Growth Partners 3 Rivers Capital, LLC 340 Partners, LLC 354 Partners LLC 4C Capital, LLC A&M Capital Advisors, LLC Acacia Partners, LLC Access Holdings Management Company LLC Acon Investments, L. Mark Di Stefano and Aaron. For a sense of the scale of the problem, the “Big Three” asset management firms—BlackRock, Vanguard and State Street—manage over $15 trillion in combined global assets under management, an amount equivalent to more than three-quarters of U. Driving the news: Dominion yesterday agreed to drop its defamation lawsuit against Fox News, in exchange for $787. This year alone, the firm launched a private-debt fund aimed at financing climate-transition strategies and announced plans to merge two publicly traded BDCs, BlackRock TCP Capital Corp. S. . Behind-the-curtain of the biggest media trial in a generation, stand a PE-owned voting company and its PR machine. BlackRock has 16,000 colleagues work from 89 offices in 38 countries around the world. A. ”NEW YORK, June 26, 2023--Staple Street Capital ("Staple Street Capital" or "SSC"), a leading middle-market private equity firm with approximately $900 million of capital under management, is. “It is owned by Staple Street Capital. Andrew Hetzel is a Business Development at Staple Street Capital based in New York City, New York. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. 49%: $3468835552000: 5376During the previous two years, 961 institutional investors and hedge funds held shares of State Street. Consumer Staples ETF seeks to track the investment results of an index composed of U. Combined, BlackRock, State Street and Vanguard are the largest owner in 88% of the S&P 500 companies, according to a paper published Tuesday by the American Economic Liberties Project, a group. Nor is it certain that the $400 million was meant to acquire Dominion Voting Systems. See Steve Owens's compensation, career history, education, & memberships. 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. BlackRock Inc. Jeffrey D Hyslop Managing Director. BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. 05%) Capital International Investors (3. Links to the BlackRock and Vanguard voting policies for 2022 are below. degree from Emory University's. 6% and 10% of Fox Class A shares in 2021 and 2020 respectively according to filings from Fintel. 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. Inflation is nowhere near on track to settle back at the Fed 2%. Prior to founding Staple Street Capital, Mr. Staple Street Capital LLC acquired a 76. Please note iShares MSCI World Consumer Staples Sector UCITS ETF has an upcoming EGM pertaining to a benchmark change - please click on this link for. That would be a hedge fund investment. News and research on the investment process. Managing Director of BlackRock Group Ltd and Managing Director/Partner . Over the last month, XLF has risen 5. The firm was founded in 2009 by Stephen D. Acquisition Status Complete. To request an engagement please submit a request through CorpAxe. B. BlackRock has 45. 1% ownership. 27%)Staple Street Capital and Dominion's management team acquired Dominion in 2018, according to a news release. When the House of Relief was built, NYH was uptown, at 5th Avenue and 15th Street. Ben is a Senior Operating Executive at Monomoy and works with our portfolio companies on revenue growth and profit improvement. Hedge Fund Portfolio Manager Performance 23Q3 AUM # of Holdings Performance Rank Allocation ; BlackRock: BlackRock Inc-2. Consumer Staples ETF seeks to track the investment results of an index composed of U. Staple Street Capital is part of the Finance industry, and located in New York, United States. 3 million in 2018 to acquire 76. LinkedIn View on LinkedIn. 16%) AbbVie: Health Care: 191. " 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. Sign upStaple Street Capital serves clients in the United States. Owens was a Managing Director at The Carlyle Group where he was a member of the firm’s U. Staple Street owns Dominion and is a relatively small private equity company, who has not raised capital or had substantial new investors since 2014/2015 of about $200 million. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. 2940(Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. Kennard, who also sits on the Board of Directors for Ford Motor Company, MetLife, Duke Energy, and Staple Street Capital, the private equity firm that is the sole owner of Dominion Voting Systems,. In 2018, it invested $38mn to acquire a majority stake.