SAN FRANCISCO -Thursday, October 12th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Visa (NYSE: V) announced today the results of an independent study conducted by Roubini ThoughtLab and commissioned by Visa examining the economic impact of increasing the use of digital payments in major cities around the world. The study estimates that relying more on electronic payments, such as cards and mobile payments, could yield a net benefit of up to U.S. $470 billion per year across the 100 cities studied – roughly the equivalent to 3% of the average GDP for these cities.

“Cashless Cities: Realizing the Benefits of Digital Payments”, is a unique study that quantifies the potential net benefits experienced by cities which move to an “achievable level of cashlessness”—defined as the entire population of a city moving to digital payment usage equal to the top 10% of users in that city today. The study does not look at eliminating cash. ... Read more »

 New Plug-in Allows Artists to Integrate 3D Content Directly in Illustrator CC

FRIEDRICHSDORF, Germany-Thursday, October 12th 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- MAXON, the leading developer of the professional 3D modeling, animation, painting and rendering solution Cinema 4D, today announced the release of Cineware for Illustrator. This new plugin allows artists and designers to add and edit 3D objects directly within Adobe Illustrator CC, the industry-standard vector graphics application included in the Adobe Creative Cloud.

Cineware for Illustrator uses the same powerful 3D engine as Cinema 4D, MAXON’s industry-leading, intuitive, professional 3D application. Users can import any C4D file, and tweak the view, lighting and textures to integrate 3D elements with 2D designs or use 3D elements as templates when creating vector artwork in Illustrator CC. This enables designers to visualize product labels, incorporate rich 3D content ... Read more »

NEW YORK -Thursday, October 12th 2017 [ AETOS Wire ]

- While allocations continue to increase, the average investment performance of real estate portfolios is decelerating -

- Asia Pacific-based institutions achieved highest average annual return in 2016 at 9.3%, followed by the Americas at 8.7% -

(BUSINESS WIRE)-- The real estate asset class continues to experience growth in institutional capital allocations. In fact, 2017 represents an important milestone in this regard according to Hodes Weill & Associates and Cornell University’s fifth annual Institutional Real Estate Allocations Monitor. This year’s survey revealed that for the first time, global institutional investors’ average target allocation to real estate surpassed the 10% threshold.

To download the full report which was published today, please visit: www.hodesweill.com/research.

The Allocations Monitor shows that the average target real estate a ... Read more »

Combined company retains Rimini Street, Inc. name, raises $50 million investment and begins trading today on Nasdaq under the ticker symbol “RMNI”

LAS VEGAS -Thursday, October 12th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced the closing of its merger with GP Investments Acquisition Corp. (“GPIAC”). The combined company will retain the Rimini Street, Inc. name, and its common stock will be listed on the Nasdaq exchange and begin trading today as “RMNI.”

The transaction consideration consisted of approximately 65.6 million shares of GPIAC common stock valued at $10.00 per share to Rimini Street’s equity holders. Raised investment funds of $50 million include cash proceeds from the issuance of 3.6 million shares of GPIAC common sto ... Read more »

Combined company retains Rimini Street, Inc. name, raises $50 million investment and begins trading today on Nasdaq under the ticker symbol “RMNI”

LAS VEGAS -Thursday, October 12th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced the closing of its merger with GP Investments Acquisition Corp. (“GPIAC”). The combined company will retain the Rimini Street, Inc. name, and its common stock will be listed on the Nasdaq exchange and begin trading today as “RMNI.”

The transaction consideration consisted of approximately 65.6 million shares of GPIAC common stock valued at $10.00 per share to Rimini Street’s equity holders. Raised investment funds of $50 million include cash proceeds from the issuance of 3.6 million shares of GPIAC common sto ... Read more »