Day: May 9, 2022

NEW YORK, May 9, 2022 /PRNewswire/ — RA Holding Corp.(“RA Holding” or the “Company”) announced today that it has approved a partial redemption of its Class A Preferred Shares issued pursuant to the Second Amended Joint Plan of Reorganization of Arcapita Bank B.S.C.(c) in the amount of $15 million or 3.1% of the total Class A Preferred Shares outstanding. To receive their funds, Preferred Shareholders need to respond to the email communication, dated May 9, 2022, from ArcapitaClaims@fticonsulting.com, seeking required tax forms and verifying wire instructions. The redemption record date is April 29, 2022 and the Company expects to initiate distributions as soon as reasonably practicable to Preferred Shareholders who have provided the required tax forms and wire instructions. Upon completion of the redemption of 185,042 shares, the Company will have 5,709,171 Class A Preferred Shares outstanding.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF AN OFFER TO SELL ANY SECURITIES

About RA Holding Corp.

RA Holding Corp. is the top-level holding company in the group created pursuant to the plan of reorganization of Arcapita Bank B.S.C.(c) and certain affiliates under chapter 11 of the United States Bankruptcy Code.

Press Contact: Eric Calvo, Infinite Global

Tel: (646) 693-0006 E-Mail: EricC@infiniteglobal.com

PHOENIX and LONDON and DUBAI, United Arab Emirates, May 9, 2022 /PRNewswire/ — Lakemore Partners Ltd. and its group entities (“Lakemore”), a leading private credit investment firm primarily investing in control CLO equity, today announced it has named Sheila Finnerty, CFA, to its Board of Directors as an Independent Board Member. With more than 30 years of Wall Street experience, Ms. Finnerty is a financial markets thought leader and recognized expert in fixed income, structured credit and financial instruments.

An established global business manager, Ms. Finnerty brings deep credit, investment, product and distribution expertise in the insurance and asset management industries to Lakemore. She most recently served as a founding member of both the Leadership Team and Investment Committee at Liberty Mutual Investments (LMI), where she helped transform its asset management business into an integrated investment platform that nearly doubled in size to $80 billion. In her roles at LMI, including as Head of Credit Strategies and Strategic Initiatives, Ms. Finnerty underwrote and approved public and private market investments while also contributing to LMI’s compensation design and talent strategy. Her many accomplishments include guiding LMI’s ESG team to establish Liberty Mutual as the first U.S. property and casualty insurer to sign to the United Nations Principles for Responsible Investing in 2020.

“We are very pleased to welcome Sheila – a highly qualified business leader and widely respected investor with a proven record of creating and executing effective strategies to achieve consistently strong results that outperform benchmarks and peer groups,” said Ahmed Farid, Chairman and President of Lakemore. “Expanding our Board with Sheila, which closely follows our recent appointment of Howard Tiffen, collectively brings to our Lakemore team two loan and CLO industry veterans, each with more than three decades of leveraged finance investment and asset management experience.”

Ms. Finnerty currently holds various board and professional association positions, including as an Independent Director and Audit Committee Member at TCW Direct Lending VIII LLC; Investment Committee Chair, Finance Committee, Governance and Nominating Committee at Manhattanville College Board of Trustees; Philanthropy Committee Member at May Institute; and as a Founding Member of Women in Alternative Debt.

“I’m excited for the opportunity to join Lakemore’s Board of Directors and am confident my expertise in capital markets, financial instruments, private credit and private equity will bring value to both the firm and its global investors,” said Sheila Finnerty. “I look forward to leveraging decades of experience as a steward of both capital and people, while identifying new ways to diversify exposures and grow asset value.”

Previously, Ms. Finnerty held multiple positions at Morgan Stanley Investment Management, including Managing Director and Division Head, High Yield Bonds and Leveraged Loans, where she led the turnaround of the High Yield business into a top performer. She served on the leadership team, providing strategic planning for the asset management business, and regularly interacted with the Morgan Stanley Fund Board of Directors to review strategy and performance, as well as being responsible for the fund governance process. She began her career at Presidential Life Insurance Company and Shearson Lehman Global Asset Management. Ms. Finnerty holds an MBA from New York University Stern School of Business and a BA in Management from Manhattanville College. She is also a CFA® Institute Charter Holder.

About Lakemore Partners

Lakemore is a leading private credit investment firm primarily investing in control CLO equity. Serving as a partner of choice for global top-tier collateral managers in the CLO market who are aligned to the firm’s portfolio management style and risk appetite, Lakemore aims to deliver attractive returns by leveraging the extensive expertise of its dedicated team and by investing within its well-defined framework of cycle-aligned risk allocation. Founded in 2016, Lakemore has offices in Phoenix, London and Dubai. Lakemore’s mission focuses on providing sustainable and reliable income, with the firm currently managing US$1.2 billion in credit assets under management, the majority of which is from institutional clients. For more information, please visit www.lakemore.com.

Lakemore Partners Ltd. is the group parent and is domiciled in the Cayman Islands. Lakemore Partners Management US LLC and Lakemore Partners (UK) Ltd. are registered with the U.S. Securities & Exchange Commission as investment advisers (RIA). Lakemore Partners (UK) Ltd. (FRN: 837603) is also an appointed representative of Kroll Securities Ltd. (FRN: 466588), which is authorized and regulated by the Financial Conduct Authority. Lakemore Partners (DIFC) Ltd. is regulated by the Dubai Financial Services Authority. Lakemore Partners Management US LLC, Lakemore Partners (UK) Ltd., and Lakemore Partners (DIFC) Ltd. are wholly owned subsidiaries of Lakemore Partners Ltd.

Media contacts:
Doug Allen/Josh Gerth
Dukas Linden Public Relations
lakemore@dlpr.com
+1 (646) 722-6530

Photo – https://mma.prnewswire.com/media/1809551/Sheila_Finnerty.jpg

Logo – https://mma.prnewswire.com/media/1587091/Lakemore_LOGO.jpg

LOS ANGELES, May 8, 2022 /PRNewswire/ — Charlie Mitchell, the 16-year old singer from the Gold Coast, has seen his debut single skyrocket to #1 on the Adult Contemporary charts. ESW Management can officially confirm that Narada Michael Walden’s production of the original Brian Evans song “Even After,” a song Evans wrote about his mother has topped the Adult Contemporary charts. Jesse Stenger and Evans, who executive produced the song with Charlie Mitchell creating the melody, were stunned at the news.

Surpassing Mick Jagger and Billy Joel on the PlayMPE charts, the leader in music distribution directly to radio programmers, Charlie Mitchell will appear for the first time nationally in Australia on the morning show Studio 10 on Wednesday, May 11^th, 2022.

“We are being swarmed with requests at this point. This morning we awoke to an email inbox that was so full that people were calling us to tell us their emails were bouncing back,” said Stenger.

“This is no surprise to me,” said Evans. “I knew the moment I saw him.”

The song, “Even After,” was written by Evans in a unique way. The first verse conveys the words of a loved one who may have lost someone in some way, while the second verse and bridge is the one you lost speaking to you.

“When I was writing it, and it took me years to be able to after my mothers tragic and untimely passing, I knew that even as a singer myself, I couldn’t bring myself to sing it. I was just too attached to it. When I discovered Charlie on social media, I knew he had the vulnerability that would give the kid a shot. People will interpret it in their own way. Some think it’s about a break-up, some think it’s about when someone passes,” says Evans. “What I didn’t expect was how talented Charlie was, and his unique “old soul” ability to interpret a song so young. It’s really extraordinary.”

Narada Michael Walden’s words were a lot simpler: “Charlie Mitchell is a superstar in the making. I’m glad Brian brought him to me and we have a lot more work to do together.”

The song, “Even After,” can be downloaded on Apple iTunes, Spotify, and anywhere else music can be downloaded. His official website is charliemitchellmusic.com, and his Facebook is Facebook.com/CharlieMitchellMusic where he had over 35,000 followers prior to Walden even producing him.

The chart can be seen at https://daily.plaympe.com/adult-contemporary-weekly-top-20-downloads/

Photo – https://mma.prnewswire.com/media/1813055/Charlie_Mitchell_Even_After_2.jpg

QINGDAO, China, May 8, 2022 /PRNewswire/ — Mothers are the heart of every family, giving support to their families and enabling every family member to have a joyful life. On Mother’s Day, Hisense honors mothers and females worldwide for their contributions to families and communities, allowing every mother and consumer an even more enjoyable living environment and lifestyle through Hisense initiatives and excellent technologies.

#RememberTheName, Express Thankfulness to Mothers

As an enterprise with global social responsibility, Hisense has been paying great attention to women’s development. Since sponsoring UEFA Women’s EURO 2022^TM, Hisense has been committed to encouraging female athletes and women sports development, inspiring all females to pursue their dreams. Over and above that, Hisense strives to create better viewing and living experiences for all females and their families, enabling females a chance to have a better lifestyle, moreover, enjoy sports anytime and anywhere.

During this Mother’s Day, a time of gratitude to females and mothers, and to support females in their daily life and careers in all fields, Hisense has launched an interactive campaign —— #RememberTheName, on social media to encourage consumers to post touching stories and express gratitude to mothers. Meanwhile, as a heartfelt gift for Mother’s Day, consumers who joined the campaign, could have a chance to win tickets and enjoy the exciting UEFA Women’s EURO 2022^TM tournament together joyfully with their beloved mother in July. Since the campaign launched, Hisense has received tremendous participation and touching stories, thoroughly enjoyed and celebrated this grateful season with consumers worldwide.

Excellent Technology, Enables a Better and Joyful Family Life

To enable mothers and females to enjoy life after a busy day, Hisense has been creating qualified products, making consumers’ lives easier and better through technology over the years.

For example, when watching football in hot summer, every family needs to prepare iced drinks; to help reduce the tedious work of making ice, Hisense PureFlat Refrigerator’s Ice & Water Dispenser function allows consumers to obtain a large amount of ice quickly and save effort, enabling them to enjoy a better football game.

In recent years, many consumers have increasing demands for eye protection when watching TV, particularly when watching football matches for a long time may cause deepening eye fatigue; therefore, to help protect consumers’ eyes while watching TV, Hisense Laser TV is designed as eyes friendly, helping every mother to protect their children’s or family member’s eyes, making mothers worry-free while watching TV.

Mother’s Day is a special time to celebrate mothers’ and females’ contributions worldwide. Hisense acknowledges and is thankful to every fantastic female and mother in society. Moving forward, Hisense will consistently inspire all females, using technology and qualified products, to create more joyful moments for all females and consumers worldwide.

BEIJING, May 8, 2022 /PRNewswire/ — On International Mother’s Day, which falls on the second Sunday of May every year, people across the world share stories about their mothers and express their love and gratitude to the person who brought them to this world.

Parents serve as role models for children, and it’s no exception for Chinese President Xi Jinping.

He recalled stories about how his mother Qi Xin has influenced him through his life.

Born in 1926, Qi joined the Communist Party of China (CPC) in 1943 at the age of 17 and became a staunch supporter of the Party’s values and beliefs.

“Parents and seniors should pass on good morals to their children when they are young, helping them build moral integrity and a sense of goodwill, so that they can grow into people who can contribute to the country and the general public,” Qi once said.

‘Serve the country with the utmost loyalty’

When Xi was around five or six years old, his mother bought him picture books and told him the story about Yue Fei, a legendary general who fought battles to defend his nation with utmost loyalty during the Southern Song Dynasty (1127-1279).

The mother told the boy how Yue Fei’s mother tattooed four Chinese characters, which literally translate as “serve the country with the utmost loyalty,” on the back of her son.

“I said it must have been a great pain to have those words tattooed on the back,” Xi recalled. “But my mother said that although it was painful, he remembered it by heart.”

Xi has since used those words as a goal to pursue in life.

The greatest filial piety

As a filial son, Xi chats with his mother and takes a walk with her whenever he has time. A photo of him walking hand in hand with his mother is placed on his bookshelves.

During the Spring Festival of 2001, Xi, then governor of southeast China’s Fujian Province, could not get together with his parents because of work.

Qi called her son, saying that as long as he did his best on the job, he would be showing the greatest filial piety to her and his father.

Her words of support have greatly inspired Xi to serve the public with the goal of achieving a good life for Chinese families.

Xi has repeatedly said that he “loves the people just like loving his parents.”

Passing down family tradition

Qi led a simple life, which became a tradition for the family. Her lifestyle and the family atmosphere guided Xi’s values.

“A person who failed to be incorruptible and self-disciplined will become a person with no guts. Keep in mind that honesty is a blessing and greed is a curse, while establishing a correct view of power, status and interests,” Qi once wrote in a letter to Xi, reminding him of self-discipline.

Xi has incorporated these beliefs into his ideology and governance practices.

In 2000, Qi spent 40 days visiting the CPC’s old revolutionary base area of Shaanxi, Gansu and Ningxia. In Zhaojin, the center of the area, she saw shabby classrooms of a local primary school and mobilized her family to donate 150,000 yuan to rebuild the school.

In May 2018, the students of the school wrote a letter to Xi, reporting their study and the development of the school. One week later, the president wrote back, encouraging them to inherit and pass on the spirit of the CPC with concrete actions.

Mother’s Day: Stories of Xi Jinping and his mother Parents serve as important role models for children, and it’s no exception for Chinese President Xi Jinping.