LONDON-Friday 27 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The developers of Euler, the first lending protocol that allows users to create their own lending markets in a permissionless fashion, announced today that they have completed an $8 million Series A round led by Paradigm. The new funding will help to grow the Euler developer team in anticipation of the protocol’s launch later this year and provide support to help integrate the protocol into the wider DeFi ecosystem.

“The long tail of DeFi assets is enormous and underserved by existing lending protocols,” said Charlie Noyes, investment partner at Paradigm. “The Euler team is creating something that meets the need in a novel, scalable way, and we're excited to support the development.”

Lead seed round investor Lemniscap joined the round, which also included other leading angel investors such as Anthony Sassano from The Daily Gwei, Ryan Sean Adams from Bankless, Kain ... Read more »

LONDON-Friday 27 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s ESG Solutions today launched SDG Alignment Screening, a data solution that helps investors integrate the United Nations (UN) Sustainable Development Goals (SDGs) into SDG-aligned investment strategies, funds, indices, and reporting. Adopted in 2015 as part of the UN’s 2030 Agenda for Sustainable Development, the 17 SDGs are a call to action to spur economic growth, promote social inclusiveness, and improve environmental sustainability.

“With less than a decade left to achieve the 2030 Agenda for Sustainable Development, investors have a key role to play in providing the necessary finance to help meet the SDGs, which requires them to be presented as simple metrics,” said Sabine Lochmann, Global Head of Moody’s ESG Measures. “Our SDG Alignment Screening provides high-quality data, helping investors leverage the SDGs both as part of risk management and reporting fr ... Read more »

SAN FRANCISCO-Thursday 26 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- White Oak Global Advisors ("White Oak") is pleased to welcome Jon Patty as a Managing Director and a partner based in the San Francisco office. Mr. Patty joins White Oak’s Head of ESG & Impact, Terésa Cutter, and is responsible for leading new ESG and Impact-oriented investment opportunities and strategies, as well as working closely with White Oak’s clients and borrowers.

Mr. Patty is an accomplished impact investor with a successful background investing in private equity, private credit, structured debt, and sustainable infrastructure. Over the course of his twenty year investment career, Mr. Patty has partnered with senior executives across sectors and served on numerous boards of directors to help drive both compelling impact outcomes and strong financial results.

Mr. Patty most recently served as Managing Director and Head of Private Equity at New Island Cap ... Read more »

Enables flexibility, specialization, and innovation in a SaaS model

RICHARDSON, Texas-Thursday 26 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Mavenir, the global leader in mobile messaging and business messaging monetization solutions for service providers, announced today that it has acquired Telestax Inc., a leading global Communications Platform as a Service (CPaaS) enablement and application provider to the communications industry. This acquisition enhances Mavenir Engage, Mavenir’s omni-channel messaging monetization and customer engagement offerings by:

    enabling service providers with new agile, nimble SaaS service models to better compete in the new digital economy

    delivering specialization, flexibility, and simplicity to meet the needs of businesses of all sizes across a broad spectrum of industry verticals

    providing service innovation and feature velocity with eas ... Read more »