500 Global Taps UN SDG Architect, Dr. Alaa Murabit, to Launch Firm's New Offerings in Sustainable Growth
Dr. Alaa Murabit, TIME100 honoree, Gates Foundation Alum, and global security leader, will lead 500 Global's Sustainable Growth practice in emerging markets, advancing the firm's commitment to increase blended finance and public-private investment models that unlock innovation and inclusive economic development.
Article content
SAN FRANCISCO — 500 Global, one of the world's most active venture capital firms 1, today announced the appointment of Dr. Alaa Murabit as Managing Partner of Sustainable Growth. She will oversee the firm's Sustainable Growth practice created to accelerate economic resilience by mobilizing capital and capabilities across climate, health and human development in frontier and emerging markets.
Article content
'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes.'
500 Global's Sustainable Growth practice aims to create financing strategies, educational programs, advisory platforms, and catalytic initiatives that bring together public, private, and philanthropic capital to deliver sustainable economic results.
Article content
A globally recognized expert in health, climate, sustainable development, and inclusive security, Dr. Alaa Murabit has shaped policies and financing that have impacted 193+ countries, played a pivotal role in the creation of the United Nations Sustainable Development Goals and mobilized over $25 billion in financing for global health, sustainability, and security. Dr. Alaa Murabit led Phase Minus 1, was CEO of IMPACT2030, and, most recently, created two innovative financing platforms and directed a $300M/year global portfolio at the Gates Foundation, leading maternal and child health, climate and health security, and innovation.
Article content
'Economic development has always been an impact of the investments 500 Global has made, and we're delighted that Dr. Alaa Murabit has joined us to multiply that impact. Her appointment reinforces the growing global consensus that venture capital, when aligned with national priorities and de-risked through blended finance and public-private partnerships, can serve as a catalytic engine for inclusive growth and long-term development impact.' – Courtney Powell, COO & Managing Partner, 500 Global In an era marked by climate shocks, geopolitical volatility, and rising inequality, the need for resilient, inclusive economic systems has never been greater. Dr. Alaa Murabit's appointment signals a strategic shift in emerging markets: from fragmented, short-cycle investments to long-term value creation through blended finance, public-private alignment, and co-created national innovation infrastructure. Her leadership will expand 500 Global's ability to work with sovereign funds, governments, development finance institutions, and philanthropies to scale inclusive economic growth by de-risking investment and innovation. She will be based in Abu Dhabi, United Arab Emirates.
Article content
500 Global has been committed to ecosystem development since 2010. Working closely with national allocators like Georgia's Information and Technology Agency and Sanabil Investments (a wholly owned subsidiary of Saudi Arabia's Public Investment Fund), the firm has embedded and developed its investment thesis by co-creating localized venture capital infrastructure to address local challenges and scale solutions globally.
Article content
In 2023, they launched the Rise Report, which highlighted 30 rise economies – the 30 largest, fast growing economies outside of the US and China – inclusive of Mexico, Egypt, Saudi Arabia, India, South Korea and more where 500 has had an ongoing presence. This report examined potential venture funding gaps; inviting allocators and policymakers to join forces toward the goal of accelerating global venture ecosystems that drive national development, economic growth and resilience.
Article content
With Dr. Alaa Murabit's appointment, 500 Global is doubling down, replacing fragmented development efforts with scalable public-private finance strategies, and building the enabling environment for sustainable economic transformation.
Article content
'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes. 500 Global is showing what's possible when we reimagine how capital serves both people and planet. I'm excited to lead and advance that vision globally.' – Dr. Alaa Murabit, Managing Partner, Sustainable Growth, 500 Global About 500 Global 500 Global is a multi-stage venture capital firm with $2.1B in assets under management 2 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies) 3.
Article content
THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN BASED ON INTERNAL DATA AGGREGATED ACROSS ALL 500 GLOBAL FUNDS AS OF MARCH 31, 2025 AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME.
Article content
UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE.
Article content
UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND.
Article content
Article content
Article content
Article content
Media Contacts
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
33 minutes ago
- Globe and Mail
Cactus (WHD) Q2 EPS Falls 18.5%
Key Points Earnings per share (non-GAAP) missed estimates at $0.66, down from $0.81 (non-GAAP) in Q2 2024. Below analyst expectations, with non-GAAP EPS of $0.66 (vs. estimate $0.72) and GAAP revenue of $273.6 million (vs. estimate $278.8 million). The quarterly dividend increased 8% to $0.14 per share, even as profits and margins fell. These 10 stocks could mint the next wave of millionaires › Cactus (NYSE:WHD), a key manufacturer of pressure control equipment and spoolable pipe for the oil and gas industry, released its second quarter results on July 30, 2025. The report showed the company missed analyst projections on both non-GAAP earnings and GAAP revenue, reflecting softness in North American oilfield activity and new pressures from tariffs. Earnings per share (non-GAAP) were $0.66 versus the $0.72 that analysts expected, while revenue (GAAP) was $273.6 million, falling short of the $278.8 million consensus. Both top- and bottom-line results declined compared to last year. Segment weakness in Pressure Control and adverse margin effects outpaced strength in Spoolable Technologies and continued strong cash flow. The overall assessment for the quarter: Cactus remains financially stable and is executing on strategic initiatives, but faces operational and margin headwinds in its core markets. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (Non-GAAP) $0.66 $0.72 $0.81 (18.5 %) Revenue (GAAP) $273.6 million $278.8 million $290.4 million (5.8 %) Adjusted EBITDA $86.7 million $103.6 million (16.4 %) Adjusted EBITDA Margin 31.7 % 35.7 % (4.0 pp) Net Income $49.0 million $63.1 million (22.3 %) Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Snapshot and Focus Areas Cactus designs, manufactures, and services wellhead equipment and spoolable composite pipe products that are essential for drilling and pipeline operations. Its Pressure Control segment supplies wellhead and pressure-related equipment. The Spoolable Technologies segment, expanded by the FlexSteel acquisition, provides flexible composite pipes used for transporting oil, gas, and water. The company's success is closely tied to oilfield activity, which fluctuates with energy prices and capital spending by oil producers. Recent management efforts have focused on integrating FlexSteel, strengthening supply chains, and increasing international exposure to reduce reliance on the U.S. market. Key success factors include operational efficiency, manufacturing flexibility, customer relationships, and the ability to manage regulatory and tariff risks. Quarter Review: Revenue, Margins, and Segment Performance Cactus's results were shaped by industry cyclicality and new cost pressures. Total revenue (GAAP) fell 5.8% compared to Q2 2024. This total missed Wall Street's estimate by nearly $5.2 million (GAAP revenue). The main source of underperformance was the Pressure Control segment, where revenue dropped 5.5% sequentially and 4.0% from a year earlier (GAAP). Management cited 'lower frac equipment rental' and 'unexpected doubling of the Section 232 tariff' as key reasons for this segment's revenue and margin declines. These tariffs increased costs for imported steel, and management expects the full impact to roll through the profit statement over coming quarters as pre-tariff inventory is depleted. Pressure Control margins experienced sharp compression. Operating margin for the segment declined to 23.5%, down from 28.6% last quarter and 29.7% in the same period last year. Segment-adjusted EBITDA margin fell by over 5 percentage points year over year. In addition to tariff expenses, legal reserves tied to ongoing litigation added to the cost base. Looking ahead, the company is working to neutralize the tariff impact by moving production to Vietnam, but expects only partial relief until API (American Petroleum Institute) certification for Vietnam manufacturing is completed. In contrast, Spoolable Technologies delivered sequential revenue growth of 3.9%, with operating income up 17.5% sequentially and segment-adjusted EBITDA margin (non-GAAP) improving by 320 basis points. Management noted that international demand, particularly for sour service pipe products to the Middle East, drove the better-than-expected results in this segment. The company also highlighted strong demand from Canadian customers and the first commercial shipment of sour service pipe to the Middle East. Net income margin (GAAP) fell to 17.9%, a drop of 3.8 percentage points from Q2 2024. Adjusted EBITDA margin declined to 31.7% (non-GAAP). The company attributed these declines to lower sales volumes and increased costs, including tariffs and legal expenses. Despite these margin pressures, cash flow remained strong, with cash and equivalents rising to $405.2 million and no outstanding bank debt. Capital expenditures were held in check and full-year 2025 net capital expenditures guidance was trimmed to $40–$45 million, reflecting a more conservative outlook in response to weaker activity. The quarterly dividend was raised 8% to $0.14 per share, payable in September 2025. This marks continued commitment to shareholder returns, even as near-term profitability comes under pressure. Payments and distributions totaled $10.4 million. International Strategy, Tariff Response, and Operational Initiatives Regulatory and supply chain issues were a defining theme this quarter. Tariffs on imported steel, especially from China, increased unexpectedly, directly impacting input costs for Pressure Control products. The company's response involves transitioning manufacturing from China to Vietnam. Management stated, 'expect to neutralize the increased tariff expenses by mid next year. And although our margins may face modest compression between now and then, our inventory on hand and mitigating efforts will allow us to largely preserve our profitability on an absolute basis.' However, with its current inventory accounting methods and supply patterns, the full negative effects will unfold over several future quarters. At the same time, the company's strategy puts emphasis on capturing international growth. Notably, Spoolable Technologies booked its first commercial sale of 'sour service' flexible pipe—a composite pipeline product designed for environments with high hydrogen sulfide (H2S) levels—in the Middle East. These international shipments, together with better factory efficiencies, helped offset domestic market softness. Capital spending remained targeted and measured. Cactus continued investing in supply chain diversification, with planned expenditure at its Baytown manufacturing facility. The company aims to keep spending focused on efficiency and adapting to shifting tariff structures, rather than on major expansions. Cash generation from operations reached $82.8 million, supporting both investments and continued dividends without taking on debt. The acquisition agreement for 65 % of Baker Hughes's Surface Pressure Control business is underway. This transaction is intended to broaden Cactus's international reach and add new products. Transaction-related expenses reached $3.5 million. Management described integration and planning as 'progressing smoothly,' and noted positive initial feedback from key customers. Outlook: Guidance and What to Watch Management guided that revenue will fall modestly in both main segments, reflecting ongoing weakness in North American oilfield activity. No firm revenue or earnings figures for the next quarter or full year were provided. The leadership team noted actions taken to 'right-size our organization to align with expectations for the second half of the year.' Progress in integrating the Baker Hughes Surface Pressure Control business is a key watch-point. The company's strong liquidity and recent dividend increase provide some financial cushion during this period of adjustment. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,049%* — a market-crushing outperformance compared to 182% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 29, 2025 JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool recommends Cactus. The Motley Fool has a disclosure policy.


Globe and Mail
40 minutes ago
- Globe and Mail
From Premium to Plunge: The Unraveling of History's Most Profitable Copper Play
President Trump's surprise 50% tariff on copper semi-finished products—paired with an exemption for refined metal—sent shockwaves through global markets, obliterating the lucrative CME-LME spread and triggering Comex copper's largest intraday plunge on record. The White House's last-minute proclamation annihilated months of fat profits for traders who had front-loaded U.S. warehouses ahead of levy day. Comex front-month futures in New York collapsed over 22%, flipping from a 30% premium to a deep discount against London Metal Exchange benchmarks as LME prices dipped only modestly. 'In a single session, the spread evaporated,' noted Daniel Ghali of TD Securities, capturing the scale of the unwind. With millions of tons of copper now stranded in U.S. depots, the once-profitable trade has become a cautionary tale of policy risk. Market Overview: Trump's tariff twist upends copper arbitrage between Comex and LME Commodity flows reverse as massive U.S. premiums vanish Volatility spikes underline vulnerability to abrupt policy shifts Key Points: 50% duties hit semi-finished copper; refined metals remain untaxed Comex futures tumbled >22%, while LME lost under 1% Goldman Sachs sees fundamentals intact but arbitrage pressures easing Looking Ahead: Speculation mounts over U.S. re-exports as warehouse stocks swell Comex-LME spreads likely to normalize once policy clarity returns Supply-security exemptions hint at ongoing administration focus Bull Case: President Trump's exemption for refined copper—while hitting semi-finished products—could ultimately secure domestic supply and support U.S. manufacturing, incentivizing longer-term investment in refinement capacity as companies adapt to the new trade regime. With the premium on Comex futures wiped out, U.S. copper prices may normalize relative to global benchmarks, helping downstream buyers access material at more competitive rates and reducing distortions in industrial procurement. Goldman Sachs and other analysts note that copper's fundamental supply-demand balance remains intact. Short-term volatility may give way to a more stable environment once the market digests the policy change and arbitrage pressures subside. For sophisticated traders and institutions, the recent dislocation presents new tactical opportunities: those with nimble positioning and robust risk management can profit by arbitraging price moves as spreads re-anchor between Comex and LME. From a broader strategic standpoint, the tariff shock is a wake-up call reinforcing the importance of supply-chain flexibility and geodiversification, prompting firms to reassess storage, sourcing, and trade execution in light of policy risks. If and when policy clarity and exemptions are fully detailed, investor confidence in U.S. copper logistics could rebound, paving the way for renewed investment as the volatility premium dissipates. Bear Case: The sudden imposition of a 50% tariff on semi-finished copper products and the carve-out for refined metal destroyed months of planned arbitrage trades, triggering over 22% declines in Comex prices and stranding millions of tons in U.S. warehouses—an acute market dislocation that could lead to lasting losses and reputational risk for affected stakeholders. Abrupt policy pivots expose the entire copper and broader commodities complex to heightened volatility and policy risk, deterring long-term investment in U.S. base-metal processing, logistics, and infrastructure. Arbitrage profits that once attracted liquidity, inventory, and efficient commodity flows have vanished; market participants may remain gun-shy about building positions due to uncertainty about future regulatory changes or unpredictable tariff timing. The patchwork, phased approach—with delayed refined copper tariffs—unsettles trade partners and global suppliers, who may opt to redirect flows elsewhere or negotiate with alternative buyers, weakening the position of the U.S. as a key copper market. Speculation about re-exports, mounting warehouse stocks, and mismatched price benchmarks could trigger further market inefficiency, raising the risk of forced liquidation sales or additional price shocks if inventory levels become unmanageable. Even if fundamentals broadly stay unchanged, the policy-driven risk premium may linger, discouraging both physical investment and speculative participation—especially from overseas players wary of recurring, unpredictable U.S. interventions in key commodity markets. The administration's patchwork approach—delaying refined copper levies until 2027 at 15%, rising to 30% in 2028—reflects a bid to secure domestic supply amid limited U.S. smelting capacity. Industry veterans caution that abrupt policy pivots could deter long-term investment in critical base-metal infrastructure. Despite the upheaval, analysts at Goldman Sachs argue that the tariff carve-outs leave copper's demand-and-supply dynamics largely intact, forecasting Comex prices to track LME levels over the coming months. For now, traders and producers alike will be bracing for a period of tactical repositioning as the dust settles on one of the commodity world's most spectacular policy-driven reversals.


CTV News
40 minutes ago
- CTV News
CTV National News: Breaking down Trump's tariffs policies
Watch Experts weigh in on U.S President Trump's trade deal approach and the potential legal challenges he could face. Joy Malbon reports.