Chief Executive Officer Change

Intermediate Capital Group plc („ICG” or the „Company”)

23 March 2017

 

Intermediate Capital Group, the specialist asset manager, announces that after 23 years with the Company Christophe Evain, Chief Executive Officer and Chief Investment Officer, has decided to step down from his responsibilities at the Company’s Annual General Meeting on 25 July 2017. The Board has appointed Benoit Durteste to replace Christophe Evain as Chief Executive Officer and Chief Investment Officer, with effect from that date and subject to his re-election as a Director at the AGM.

 

Benoit Durteste joined ICG’s European team in 2002, becoming an Executive Director and member of the Executive Committee in 2012. Benoit is currently Head of European Investments directly overseeing a number of the group’s largest strategies, and is a member of all ICG’s key Investment Committees worldwide. Benoit is a leading fund manager and, since joining the Executive Committee, has been closely involved in setting and delivering the Group’s strategy, including leading the Group’s global expansion into the secondaries asset class.

 

The Nominations Committee of the Board has kept executive succession under regular review and recently engaged an external search firm to complement its work.  After benchmarking a number of external candidates, the Committee concluded that Benoit Durteste’s extensive investment and fundraising experience, deep knowledge of the Company and its operations, and commitment to increasing shareholder value through the delivery of the Group’s strategic objectives made him the outstanding candidate to be appointed Chief Executive Officer and Chief Investment Officer.

 

Kevin Parry, Chairman of ICG, said:

 

„On behalf of the Board and management team of ICG, I would like to thank Christophe for his outstanding contribution to the Company over the last 23 years, the last seven of which have been as Chief Executive Officer.  During his tenure as Chief Executive, the Company has successfully transitioned from an investment company to a fund management company supported by ICG’s balance sheet.

 

„Whilst it is always disappointing when a successful Chief Executive Officer wishes to step down from his executive responsibilities, I am delighted that Benoit Durteste will succeed Christophe from July. This ensures a continuity of management at a time when market conditions are favouring alternative asset managers. Together with my Board colleagues, I look forward to continuing to work with Benoit to deliver further strategic developments and shareholder value.”

 

Christophe Evain said:

 

„I am proud of what we have achieved to date at ICG, delivering strong profitable growth and transitioning our business model from being primarily an investment company to a leading specialist asset manager. In so doing we have generated substantial shareholder value. After 23 years at ICG, my decision to retire has not been an easy one to make; however, I leave the Company in capable hands with Benoit and the rest of the management team.  I wish Benoit, the rest of the Board and the whole ICG team every success for the future.” 

 

Benoit Durteste said:

 

„It is an honour to have been asked to succeed Christophe as Chief Executive Officer and Chief Investment Officer of the Company. Since joining ICG, I have found Christophe’s experience and advice, coupled with his commitment to the success of the business, invaluable. The Company is well positioned to take advantage of the opportunities that the current market conditions present and I look forward to working with the Board and the wider management team to deliver our strategy. Finally, on behalf of everyone at ICG, I wish Christophe all the best for the future.”

 

 

This statement contains information which, prior to this announcement was insider information.

 

Analyst / Investor enquiries:

 

Kevin Parry, Chairman, ICG

+44(0) 20 3201 7979

Ian Stanlake, Investor Relations, ICG

+44 (0) 20 3201 7880

 

 

Media enquiries:

 

Neil Bennett, Tom Eckersley, Maitland

+44 (0) 20 7379 5151

 

ICG is a specialist asset manager with over 28 years’ history in private debt, credit and equity.  Our objective is to generate income and consistently high returns whilst protecting against investment downside.  We seek to achieve this through our expertise in investing across the capital structure. We combine flexible capital solutions, local access and insight with an entrepreneurial approach to give us a competitive edge in our markets.   We are committed to innovation and pioneering new strategies where we can deliver value to our investors. ICG has €22.6bn of assets under management globally (as at 31 December 2016); we are listed on the London Stock Exchange (ticker symbol: ICP), and regulated in the UK by the Financial Conduct Authority (FCA). Intermediate Capital Group, Inc. is a wholly-owned subsidiary of ICG and is registered as an investment adviser under the U.S. Investment Advisers Act of 1940. Further information is available at: www.icgam.com.

 

Gaming and Real Estate Attorney Kerry Patterson Joins Procopio as Partner

Accomplished tribal attorney Kerry Patterson has joined Procopio as a partner, working in the firm’s Native American Law practice group  and on its Real Estate team.

“We are excited to welcome Kerry as our newest partner,” said Tom Turner, Procopio’s Managing Partner. “The combination of Kerry’s expertise in gaming and real estate transactions and her strong relationships with tribal leaders will be instrumental in assisting our clients in Arizona, California and throughout the Western Region.”

Kerry is a tribal attorney focusing on gaming, commercial transactions, finance and economic development in Indian country. She has successfully developed challenging gaming projects in both Arizona and California and has negotiated several tribal-state gaming compacts resulting in significant savings and benefits for her tribal clients. As an expert in fee to trust acquisitions and federal leasing, Kerry enjoys working with clients pursuing economic development opportunities in Indian country. 

“Kerry is a true leader in her field, and we are so fortunate to have her join the firm,” said Ted Griswold, Native American Law practice group leader. “We look forward to expanding our services to tribal communities in California, Arizona and beyond with Kerry as a key partner on our team.” 

Procopio’s Native American Law practice comprises attorneys experienced in representing and counseling tribal governments, tribal businesses, intertribal organizations, tribal-affiliated entities and private entities that enhance tribal economic and cultural opportunities. Its attorneys offer services and support to many programs in tribal communities by sponsoring, supporting and participating in a wide range of activities, including partnerships with tribal health and wellness events. Procopio’s Native American Law Internship is another example of the firm’s long-standing tradition of giving back to the community, and continues the firm’s investment in the future legal leaders of Indian Country.

 “I’m very excited to join a law firm with such a strong commitment to Indian Country and extensive experience in helping Native American tribes achieve their long-term goals,” Patterson said. “I look forward to working with Ted to continue the firm’s tradition of providing excellent client service and legal solutions on a wide range of issues facing tribes.”

Procopio has several resources available to those who would like to know more about Native American lands and culture. You can visit the Native American Law blog, Blogging Circle, which offers insights on legal news and ideas affecting Native American communities. The Procopio Native American Law app, Indigenous San Diego, is a free app that connects San Diego visitors to the area’s tribal lands, museums, businesses, exhibits and cultural landmarks. Indigenous San Diego is available on iTunes and Google Play.

About Procopio

Procopio is a full-service business and litigation law firm committed to thoughtful problem solving and improving your bottom line.  With more than 150 attorneys based in San Diego, Silicon Valley, Phoenix, Austin and Los Angeles–we’re passionate about knowing your business and helping you grow and protect it for the long term.  Procopio has the flexible infrastructure to support both small to mid-sized companies and large multinationals at every stage of the business life cycle.  Our global reach across Asia and Latin America further expands our international partnerships and cross-border capabilities.  At Procopio, we are focused on what is important to you–providing smart, innovative and practical solutions in a cost-effective manner to help your business thrive.  Learn more at Procopio.com.

Source: Procopio LLP

Remove Personal Information From the Internet With EraseMugshots.com New Privacy Solutions

EraseMugshots.com has announced that they have created a new privacy solution that enables people to remove personal information from the internet. They are there to help people restore their privacy by removing personal information, including criminal records, from 30+ services where people can complete background checks.

The Erase Mugshots Service

Erase Mugshots prides itself in delivering a fast and reliable service. In fact, they guarantee that people can have a clean record in as little as 45 days. The service is available to anybody, regardless of personal status or background. Uniquely, EraseMugshots.com offers a 100% satisfaction guarantee, as well as a 60-day money back guarantee. What this means is that people can use the service with no risk at all because they can always have their money refunded if they are not satisfied.

Remove Personal Information- Why People Choose Erase Mugshots

EraseMugshots.com helps people clean up for background checks. This has proven to be particularly popular among students, as it has been found that 66.4% of all colleges and universities will run a background check on any applicant, and that the information they find will influence their ultimate decision. Similarly, 96.3% of all prospective employers now perform a background check. Research has also shown that 1 in 3 people are turned down for a job due to these results. Furthermore, employers often re-run a background check at random intervals, particularly when they are considering someone for a promotion. Lastly, online dating is also increasingly popular and 25% of those who use these services will check on a person before they agree to go on a date. 

How Erase Mugshots Works

When people sign up with EraseMugshots.com, the latter will do all they can to have personal information and arrest records removed from the 30 biggest background check companies in the world. In so doing, they greatly reduce the risk of people having negative information revealed about them. For Erase Mugshots, the goal is to make sure that people are able to enjoy internet privacy, and they will do all they can to help their clients restore it. The service they offer, therefore, can benefit anybody, particularly those who have had some issues in the past and simply don’t want these to show up, for whatever reason. This can be because they have already paid their debt to society, they were found to be not guilty, or for any other reason.

EraseMugshots.com warns people that the background check services are actually for profit companies who like the world to think they are helping people stay safe, when in actual fact, they hope the people who are listed on their site will pay them to have the information removed. These companies can affect people’s livelihood, where they can work and live, with whom they have relationships with, and more. Erase Mugshots believes everybody should have a fair chance and will do all they can to offer a solution.

Remove Personal Information – The process they use is quite simple:

  1. They analyze the person’s web presence, so that there is a clear list of all the sites on which personal information is listed.
     
  2. They then move to eliminate all the arrest records from the sites on which they are listed, with a 72 hour turnover time. The solution they offer is total removal.
     
  3. They then clean up all the information from Google, Yahoo!, and Bing. They will request these sites to remove all records and de-index any remaining links. That way, the records will no longer be found at all.

The company always offers 100% satisfaction guarantee and they won’t stop until they have achieved that. They also offer easy payment plans with monthly payments, so that people don’t have to end up in financial difficulty just to be able to get their lives back. The solution is quick, private, and highly effective.

About Erase Mugshots

The company was established in an effort to give people the chance to get their lives back on track. While arrest records are a matter of public knowledge, they should not be available on just any website that wants to publish them. In fact, various lawsuits are currently running to stop this from happening at all. In the meantime, EraseMugshots.com is there to help people get their privacy back quickly and effectively. The company offers fully transparent terms and conditions, which is why they have quickly become so popular. In fact, to date:

  • They have removed over 18,158 individual files.
  • They have serviced over 3,700 satisfied customers.
  • They have over 230 years of combined experience in internet privacy, removal processes, and Search Engine Programming.

Media Manager:
​Adam Parks
​Call:866.601.6803
​Sales@EraseMugshots.com

Source: Erase Mugshots

Chat Meets Rotten Tomatoes in New App

Throw rotten tomatoes, water-filled balloons and many other items to make friends and have fun.

Explore Fun Inc introduces ChatYES! – a new iPhone app where Chat meets Rotten Tomatoes and Water Balloons.

ChatYES! includes all the usual chat elements in a Worldwide group chat and adds the ability to break off to chat privately when users like each and want to swap more private details and photos.

„ChatYES! is just a piece of fun, but a great way to meet new people from all over the World.” says Explore Fun Inc CEO Andrew Bennett. „Throwing rotten tomatoes, water balloons and sticking heart stickers are just our digital equivalent of pulling a girl’s pigtails in the playground.”

Andrew Bennett, CEO

To get each other’s attention, people can pick from a collection of ‘Throwables’ : Rotten Tomatoes, Cream Pies or Wet Toilet Paper. Cartoon animations add fun and enjoyment to the ‘Hi there’ nature of throwing things at someone’s photo. There are also Heart Stickers for those of a more romantic nature.

“ChatYES! is just a piece of fun, but a great way to meet new people from all over the World.” says Explore Fun Inc CEO Andrew Bennett. “Throwing rotten tomatoes, water balloons and sticking heart stickers are just our digital equivalent of pulling a girl’s pigtails in the playground.”

  •       Chat with people all over the World
  •       Chat privately including photos
  •       Throw rotten tomatoes, cream pies and wet toilet paper at anyone you like (!)
  •       Stick heart stickers on the most awesome people
  •       Play the Matching Game
  •       Have Fun  🙂

ChatYES! is a free app with in-app purchases for some features and extra ‘Throwables’ (tomatoes, water balloons, cream pies, wet toilet rolls and heart stickers).​

Explore Fun Inc

Explore Fun Inc is a company located in Silicon Valley, California, dedicated to making great and fun mobile apps.

Contact:
Andrew Bennett
CEO
Explore Fun Inc
press@explorefun.com
http://www.chatyesapp.com

Source: Explore Fun Inc

Celebrity Wedding and Event Designer Sharon Sacks Partners With New Home Decor Shopping Site, Alchemy Fine Home

​​​​Celebrity wedding and event designer Sharon Sacks, president and founder of the Los Angeles-based event production company, Sacks Productions,  has partnered with newly launched distinctive home decor site, Alchemy Fine Home, to provide couples with an interior design focused wedding registry.

Couples will be able to shop and register for home decor curated by Sharon Sacks, and bring her level of sophistication and style into their own homes.  Alchemy Fine Home offers finely curated home entertaining and décor collections that invoke the spirit of celebration, beauty and art.  

„As a wedding planner myself for 10 years I knew that I wanted to find the best in the industry to partner with to launch our Wedding Registry, and that is Sharon Sacks. Her wedding style is the epitome of class and glamour and I knew her interior design tastes would be just as flawless.”

Vanessa Van Wieren, Founder, Alchemy Fine Home

Sharon dedicates herself to making each and every event “it’s own piece of art.” It is with a keen eye and a sharp sensibility that Sacks designs, orchestrates, and choreographs extraordinary events for some of the world’s most elite clients. Sharon’s partnership with Alchemy Fine Home gives her the platform to share her exquisite taste with couples everywhere.

This partnership finally opens doors and gives accessibility for luxury design and style to any level of Sacks’ clientele. “I’m thrilled to be partnering with Alchemy Fine Home for the site’s debut, as I’ve actively looked for a creative outlet that allows me to share my design expertise with everyone. I hope my style selections give couples artistic guidance and ideas for both their wedding and homes,” said Sharon Sacks.  “I’m so happy to have helped my clients create the biggest events of their lives, now with my Alchemy Fine Home collection, I hope to help them design their beautiful living spaces for intimate celebrations at home.

“As a wedding planner myself for 10 years I knew that I wanted to find the best in the industry to partner with to launch our Wedding Registry, and that is Sharon Sacks. Her wedding style is the epitome of class and glamour and I knew her interior design tastes would be just as flawless,” said Alchemy Fine Home’s Founder Vanessa Van Wieren.

Visit The Sharon Sacks Collection on Alchemy Fine Home  to shop Sharon’s registry picks.

– – – 

About Sacks Productions: Sacks Productions, an internationally sought after event production company, understands the importance of life’s precious moments. Sharon Sacks, President and Founder of the Los Angeles-based event planning company, and her team dedicate themselves to making each and every event “its own piece of art” and have applied this unique perspective to create memories for hundreds of clients worldwide.

It is with a keen eye and a sharp sensibility that Sacks Productions directs, orchestrates, conducts, coordinates and choreographs extraordinary events for some of the world’s most elite clients. Sharon Sacks’ hand-picked team of top notch event professionals facilitate all events with the Sacks Touch. From intimate gatherings to spectacular celebrations and with canvases ranging from the velvet-roped glamour of Beverly Hills to the fanatical fervor of World Cup Soccer in Paris, Japan and Germany, no stage is ever too far or too grand for Sacks and her talented team. They have traveled the globe, gracefully coordinating large-scale events from The Entertainment Industry Foundation’s Revlon Run/Walk for Women in L.A.’s Memorial Coliseum that plays host to 60,000 participants each year, to smaller celebrations including celebrity weddings and private parties.

Princes and presidents, athletes and actors, entertainers and innovators, and countless Hollywood elite rank among Sacks’ impressive clientele. Rockers and royalty alike have entrusted and engaged Sacks with their most precious memories. Sharon has worked on behalf of President Clinton, President Bush, Al Gore, Prince Andrew, Norman Lear, Alan Horn, the Kardashian family, the Olsen twins, Madonna, Ben Affleck, Pierce Brosnan, Denzel Washington, Rob Thomas, Rebecca Romijn, Michael Douglas, Catherine Zeta-Jones and Jennifer Lopez, in addition to many other luminaries. ​

– – – 

About Alchemy Fine Home: Alchemy Fine Home combines artfully curated, distinctive home décor shopping with an online Design Concierge Service.  When it comes to planning the perfect tablescape, accessorizing your home or designing your wedding registry, Alchemy Fine Home’s online design experts will assist you in making the quintessential selections. Users can shop a plethora of exquisite designer home décor, lighting, accent furniture and tabletop collections with unparalleled panache and ease.  *For press inquiries, please contact jen@alchenyfinehome.com​.

Source: Sacks Productions

QuickLogic Corporation Announces Pricing of $15.0 Million Public Offering of Common Stock

/EINPresswire.com/ — SUNNYVALE, CA–(Marketwired – Mar 23, 2017) – QuickLogic Corporation (NASDAQ: QUIK) („QUIK” or the „Company”), a developer of ultra-low power programmable sensor processing, embedded FPGA IP, display bridge and programmable logic solutions, today announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $1.50 per share. As part of the offering the Company granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock on the same terms and conditions to cover over-allotments, if any. All shares of common stock to be sold in the offering were offered by the Company.

The Company expects to close the offering on or about March 28, 2017, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for working capital, to accelerate the development of next generation products and for general corporate purposes. The Company may also use a portion of the net proceeds to acquire and/or license technologies and acquire and/or invest in businesses when the opportunity arises; however, the Company currently has no commitments or agreements and is not involved in any negotiations with respect to any such transactions.

Craig-Hallum Capital Group is acting as the sole book-running manager for the proposed offering. The Benchmark Company is acting as a co-manager for the proposed offering.

A shelf registration statement on Form S-3 (File No. 333-215030) relating to the shares of common stock being offered has been declared effective by the Securities and Exchange Commission („SEC”). This offering may only be made by means of a prospectus supplement and the accompanying prospectus. The preliminary prospectus supplement related to the offering was filed with the SEC on March 20, 2017. The final prospectus supplement and accompanying prospectus will be filed with the SEC and, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov; from Craig-Hallum Capital Group LLC, 222 South Ninth Street, Suite 350, Minneapolis, MN 55402, by telephone at 612-334-6300, or by email at prospectus@chlm.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in this offering. There shall not be any sale of these securities in any state or jurisdiction in which such offering, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) enables OEMs to maximize battery life for highly differentiated, immersive user experiences with Smartphone, Wearable and IoT devices. QuickLogic delivers these benefits through industry leading ultra-low power customer programmable SoC semiconductor solutions, embedded software, and algorithms for always-on voice and sensor processing. The Company’s embedded FPGA initiative also enables SoC designers to easily implement post production changes, and increase revenue by providing hardware programmability to their end customers. For more information about QuickLogic, visit www.quicklogic.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains statements that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements regarding, but not limited to, the anticipated closing of the offering and the expected uses of the proceeds from the offering. Forward-looking statements can be identified by the use of words such as „may,” „will,” „plan,” „should,” „expect,” „anticipate,” „estimate,” „continue” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, including market conditions and future decisions regarding the Company’s use of cash resources, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading „Disclosure Regarding Forward-Looking Statements” and „Risk Factors” in the Company’s Annual Reports on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

QUIK-E

Critical CRO Oversight Metrics: How to Establish the Right Metrics and Monitor them in Real-time, New Webinar Hosted by Xtalks

/EINPresswire.com/ — TORONTO, ON–(Marketwired – March 23, 2017) – Julie Peacock from Client Services at Comprehend and Linda Sullivan, Co-Founder & President of Metrics Champion Consortium (MCC) will provide an in-depth look at CRO oversight and risk management best practice. Their presentation delves into the gaps in oversight processes, the causes of these gaps and how to successfully address them. The live broadcast takes place on Wednesday, April 12, 2017 at 1pm EDT.

Per a recent CRO Oversight Benchmark Survey, 90% of ClinOps leaders plan to increase their use of CROs in the coming year, yet only 22% felt confident that their CROs would achieve milestones on time.

With impending changes, necessary to address ICH E6 (R2), oversight is top of mind and requires sponsors to proactively answer questions such as:

  • „Is my vendor doing what I hired them to do?”
  • „Is the CRO adhering to my quality plan?”
  • „Is the CRO’s performance meeting our expectations?”
  • „What issues should we be escalating?”

Attendees will learn from MCC’s pivotal work on how to establish effective metrics for managing oversight, determine the most important metrics, and then report results at the appropriate oversight level.

Additionally, attendees will see a live demonstration of how leading sponsors collaborate with their CROs for early detection and threshold control using automated dashboards and best practice KPIs.

With real-time, accurate dashboards and metrics, sponsors can increase their speed to a quality result.

To learn more about this event visit, Critical CRO Oversight Metrics: How to Establish the Right Metrics and Monitor them in Real-Time

Xtalks, powered by Honeycomb Worldwide Inc., is a leading provider of educational webinars to the global Life Sciences community. Every year thousands of industry practitioners (from pharmaceutical & biotech companies, private & academic research institutions, healthcare centers, etc.) turn to Xtalks for access to quality content. Xtalks helps Life Science professionals stay current with industry developments, trends and regulations. Xtalks webinars also provide perspectives on key issues from top industry thought leaders and service providers.

To learn more about Xtalks visit http://xtalks.com
For information about hosting a webinar visit http://xtalks.com/sponsorship.ashx

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Coldwell Banker Previews International Re-Introduces to the Market at the Record-Setting Price of $80 Million – the Highest in Malibu History – The New Malibu Castle

MALIBU, Calif., March 23, 2017 /PRNewswire/ -- A new record is being set today in the elite Malibu property market by Coldwell Banker Previews International which is re-introducing an architectural masterpiece on the site of the iconic Malibu Castle at $80 Million, the highest price ever for an estate in the coveted beach community that is home to Hollywood's A-list, from celebrities to entertainment moguls.  This industry-leading estate, which is currently completing construction and slated to debut in April 2017, represents the highest standard of luxury, created by owner, developer, designer and architect Scott Gillen and his company Unvarnished which has a proven track record of developing and building 22 properties and over $130 Million in sales. https://www.coldwellbankerhomes.com/ca/malibu/23800-malibu-crest-dr/pid_17066426/

The New Castle will grace the 3.5 acre site of the beloved landmark known as the Malibu Castle owned by heiress, philanthropist and "princess" Lilly Lawrence, renowned for hosting lavish galas at the residence modeled after a Scottish style castle until it was destroyed by a fire in 2007.  Scott Gillen purchased the land in 2015 for $9.7 Million in the third highest recorded land sale in Malibu history (per the Multiple Listing Service).  Mr. Gillen was represented by Sandro Dazzan of Coldwell Banker, who now holds the exclusive listing on The New Castle at $80 Million.

Situated on one of Malibu's most exclusive sites adjacent to Serra Retreat, The New Castle is perched atop a 360 degree promontory offering stellar views overlooking the Santa Monica Bay, Catalina Island, Malibu Colony and Surfrider Beach.  A 400+ foot long private double gated driveway leads to a completely private entrance at the end of a cul-de-sac with its own motor court and valet stand.

The New Castle embraces its majestic surroundings via floor-to-ceiling sliding glass walls that open to the utopian Malibu climate.  The estate is offered complete with custom furnishings by Minotti, Bottega Veneta, and handmade rugs from New Zealand.  Rare art by Ellesworth Kelly and Jonathan Burofsky slated to be featured at the property is available as well. As the ultimate luxury amenity, one year concierge service is included with the purchase, offering virtually every convenience imaginable from restaurant reservations to ensuring that the residence is fully stocked with the owner's preferred culinary items.

The main residence spans approximately 10,500 square feet with 5 bedrooms and 6 bathrooms, while the detached guest house offers its own great room, kitchen, gym, spa, 2 bedrooms and 4 bathrooms in approximately 4,000 square feet. Framed by prime ocean front views, the expansive 120-foot-long great room in the main residence is ready to entertain on a grand scale yet is equally adept at hosting intimate gatherings. 

The property invites guests to experience every sunrise and sunset with direct ocean views from multiple spacious sundecks.  A custom 12 foot hand-hewn teak dining table parallels the 75 foot infinity pool, and connects the chef's Bulthaup kitchen and living space in the main residence, completed by a wine tasting room, game room and a media room which opens to the pool where a waterfall cascades down a full story to the lower level of the home.  The New Castle features custom teak doors and cabinetry throughout as well as 80 year old dry aged oak floors.

Previews and Coldwell Banker Previews International are registered marks licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated by a subsidiary of NRT LLC.

CONTACT:
Holly Taylor
310-854-8115
hetaylor@rogersandcowan.com

 

 

SOURCE Coldwell Banker Previews International

Arthur J. Gallagher & Co. Acquires Farallone Pacific Insurance Services, LLC

ROLLING MEADOWS, Ill., March 23, 2017 /PRNewswire/ — Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Novato, California-based Farallone Pacific Insurance Services, LLC. Terms of the transaction were not disclosed.

Founded in 2004, Farallone Pacific is a retail property/casualty broker specializing in providing insurance and risk management solutions for nonprofits, schools, affordable housing and private clients. Dan Costello and his associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher’s Southwest retail property/casualty brokerage operations.

„Farallone Pacific’s significant strengths in the nonprofit, affordable housing and charter school space are highly complementary with Gallagher’s own practices and represent a continuation of our expansion efforts in those areas,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. „We are pleased to welcome Dan and his associates to our growing Gallagher family of professionals.”

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

 

SOURCE Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. Acquires Farallone Pacific Insurance Services, LLC

ROLLING MEADOWS, Ill., March 23, 2017 /PRNewswire/ — Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Novato, California-based Farallone Pacific Insurance Services, LLC. Terms of the transaction were not disclosed.

Founded in 2004, Farallone Pacific is a retail property/casualty broker specializing in providing insurance and risk management solutions for nonprofits, schools, affordable housing and private clients. Dan Costello and his associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher’s Southwest retail property/casualty brokerage operations.

„Farallone Pacific’s significant strengths in the nonprofit, affordable housing and charter school space are highly complementary with Gallagher’s own practices and represent a continuation of our expansion efforts in those areas,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. „We are pleased to welcome Dan and his associates to our growing Gallagher family of professionals.”

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

 

SOURCE Arthur J. Gallagher & Co.