logo
Symposium Capital Announces Yule Georgieva as COO and General Partner

Symposium Capital Announces Yule Georgieva as COO and General Partner

Globe and Mail16-05-2025

New York, New York--(Newsfile Corp. - May 16, 2025) - Symposium Capital, a notable new fund based in New York City, has announced Yule Georgieva as Chief Operating Officer (COO) and General Partner. Symposium Capital distinguishes itself in the alternative investment space by focusing exclusively on tangible assets that combine cultural significance with financial appreciation. The firm's three key asset classes-fine wine, fine art, and rare comic books-have historically shown resilience against market volatility, offering investors a diversified approach to wealth preservation and growth.
Yule Georgieva, COO of Symposium Capital.
Yule Georgieva is an experienced business executive whose career has spanned across multiple industries including government, aviation, technology, and wine. Georgieva dove deeper into her passion for wine while honing her financial acumen with a finance-focused MBA from the University of Toronto, where she developed a model to track the financialization trajectory of different wines while pursuing her Wine & Spirit Education Trust Diploma in Wine.
From there, Georgieva spent the next four years building a wine cellar management startup as COO, developing the company's business model, establishing internal processes, and managing a wide portfolio, including marketing, partnerships, and finance.
Georgieva also currently serves as COO of Académie du Vin, a renowned wine education and events company founded by acclaimed wine expert and merchant Steven Spurrier. With an expert team and a growing network of collectors, partners, and investors, Symposium Capital is well-positioned to redefine how tangible assets are integrated into modern investment portfolios.
Symposium Capital specializes in Wine, Fine Arts, and Comic Books.
The announcement of Georgieva as COO ensures Symposium Capital has the financial and operational bench-strength to execute its unique acquisition strategy. Her deep understanding of the fine wine market, coupled with her broad experience and strong relationships will be instrumental in expanding Symposium Capital's presence in the high-end collectibles sector.
More information about Symposium Capital can be found on their website https://www.symposium.capital/.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MPI pulls plug on costly IT overhaul Project Nova, cites 'missteps' and 'failures'
MPI pulls plug on costly IT overhaul Project Nova, cites 'missteps' and 'failures'

CBC

timean hour ago

  • CBC

MPI pulls plug on costly IT overhaul Project Nova, cites 'missteps' and 'failures'

Manitoba Public Insurance is cutting its losses and killing Project Nova, the IT overhaul project that has bled money since it was first launched in 2019, and the province has requested an audit of "the decisions and management" around it. "It is clear that Nova has experienced significant missteps, and I would be even so bold to say failures," MPI president and CEO Satvir Jatana said at a Thursday news conference. "It has not delivered the value for money that was originally planned and promised, and we did not make this decision lightly. However, staying on this path would not be responsible nor in the best interest of Manitobans." Project Nova was supposed to replace MPI's outdated technology with a new modern platform to provide insurance and driver licensing services and more online options for customers. The initial budget was $86 million, but within a few years it soared to $290 million. The MPI board and CEO who were decision makers on Project Nova are no longer in place. Jatana was hired in February 2024 and shortly after put a pause on Nova to get a better understanding of it. In January 2025, she noted $162 million had already been spent, but only two of Nova's four phases had been completed. At Nova's peak, close to 200 staff and close to 300 consultants worked on it. Now it's closer to 50 and 50, Jatana said. Consultant contracts ended while staff were shifted to other projects — there were no layoffs, she said. "There was ineffective governance — critical business requirements were overlooked, significant changes in MPI leadership, a global pandemic and a historic strike. These factors have led to delays and cost overruns with many starts and stops," she said Thursday, recapping what the review had found. "It is evident that our aspiration did not meet our capacity, nor our capabilities. Simply put, the project timelines were unrealistic." Finance minister wants audit The MPI announcement comes a day after Minister of Finance Adrien Sala sent a letter to Auditor General Tyson Shtykalo, requesting an audit of the decisions and management of Project Nova. If the project were to be completed, the updated cost projection was $452 million, according to Sala's letter, a copy of which was obtained by CBC. The two completed phases only constitute about 30 per cent of the project's scope, and only $46.5 million of value has been derived from it, according to the letter. An organizational review of MPI by the Treasury Board Secretariat, conducted in 2023 with a final report released in January 2025, identified issues including concerns around the selection of the Nova software, terms of the vendor contract and irregularities in contract practices, according to Sala's letter, which says MPI will be paying for software licences for years, despite the software not being used. According to Jatana, MPI is locked into contracts for about $88 million over the next seven years. Of that, $68 million is considered "no value." However, MPI is in discussions with vendors and "hopeful and optimistic" the contracts can be renegotiated to mitigate those costs, she said. Given the losses, there is value in a review that will inform future technology acquisitions, accountability and governance, even though the board and management behind Project Nova have been replaced, Sala's letter said. Jatana said the corporation will co-operate fully with any audit process and looks forward to the results. Aging technology still needs to be replaced: CEO While reviewing the past mistakes will help identify things to avoid in the future, the need to replace MPI's aging technology still exists, Jatana said. She also said the previous board and management failed to create a path forward for the corporation's other IT needs, which are equally outdated. The new board and management have studied what the next phases of Nova were expected to provide, and have done a thorough review of all other IT needs "to create a rolling five-year IT road map," she said. "This has provided a true picture of all the technological needs and allows the corporation to prioritize work into bite-sized pieces" to be done at a responsible pace, Jatana said. That approach also aligns with industry best practices, she said, and will include regular reporting intervals for accountability. MPI will break down the replacement needs for its systems into stand-alone projects with "reasonable timelines" of 12 to 24 months, said Jatana. A close-out report for Project Nova is coming, and will identify how much money was spent on work that has no value and will need to be written off, she said. Jatana insisted the wastage would have no impact on future insurance rates. "We have taken a hard look at what went wrong and we have implemented strategic changes to get us back on track," she said. The five-year roadmap is well thought out by a leadership team that is listening to experts, said MPI board chair Carmen Nedohin. One of the most important pieces is the governance behind it, which comes with clear decision-making accountability, she said.

Manfred Stapff's Breakthrough Book Hits #1 on Amazon, Tackles Misinformation with Real-World Evidence
Manfred Stapff's Breakthrough Book Hits #1 on Amazon, Tackles Misinformation with Real-World Evidence

Globe and Mail

timean hour ago

  • Globe and Mail

Manfred Stapff's Breakthrough Book Hits #1 on Amazon, Tackles Misinformation with Real-World Evidence

Summary: Dr. Manfred Stapff's newly released book, Real-World Evidence Unveiled: Navigating the Maze of Modern Misinformation, has soared to #1 on Amazon in multiple categories. New York, New York--(Newsfile Corp. - June 5, 2025) - Candid-Advisory founder and renowned physician-scientist Dr. Manfred Stapff has made a notable impact in the publishing world with the release of his new book, Real-World Evidence Unveiled: Navigating the Maze of Modern Misinformation. Since its debut on April 23, 2025, the book has become an Amazon bestseller, currently ranked #1 in multiple categories, including Anthropology, Civil Rights and Liberties, Social Theory, Sociology Research and Measurement, Communication Reference, and Social Sciences Research. Image Credit: Real-World Evidence Unveiled by Dr. Manfred Stapff To view an enhanced version of this graphic, please visit: Dr. Stapff's much-needed book has arrived at a time when society is flooded with misleading headlines, viral misinformation, and biased reporting. Through Real-World Evidence Unveiled, he introduces readers to the concept of Real-World Evidence (RWE). This is a powerful approach based on real-life data rather than experimental trials or curated information. Though the term is rooted in healthcare, Stapff broadens its scope to help readers evaluate news, social media narratives, and policy debates through an evidence-based lens. With this book, Stapff refines and filters years of work in regulatory science, quality management, and global medical operations by turning it into an accessible guide for students, professionals, and informed citizens alike. He uses compelling case studies and practical strategies, using the book to show readers the way to distinguish reliable data from noise, break down media narratives, and apply critical thinking in everyday life. Real-World Evidence Unveiled is already earning praise across academic, corporate, and consumer audiences as it continues to climb bestseller charts. The book has become a must-read for anyone interested in truth, transparency, and data-driven thinking. Misinformation prevails in public health, democracy, and social cohesion; Real-World Evidence Unveiled is a warning and a solution. It reminds readers that rigorous thinking and sound data are not just tools for scientists but the foundation of a functional society. About the Author Dr. Manfred Stapff, MD, PhD, is the founder of Candid-Advisory and a leader in clinical research, regulatory science, and real-world data analytics. His career spans over three decades, including senior roles in top pharmaceutical firms across Germany and the United States. He helps individuals and organizations make informed, evidence-based decisions. About Candid-Advisory Candid-Advisory is a life sciences consultancy that offers expert solutions in clinical trials, regulatory affairs, quality management, and real-world data utilization. Headquartered in New York and Boston, the firm partners with healthcare innovators to deliver strategic, unbiased counsel across therapeutic areas and business functions.

Mark Carney and Donald Trump in 'deep discussions' on trade: Doug Ford
Mark Carney and Donald Trump in 'deep discussions' on trade: Doug Ford

National Post

timean hour ago

  • National Post

Mark Carney and Donald Trump in 'deep discussions' on trade: Doug Ford

Ontario Premier Doug Ford says Prime Minister Mark Carney is in 'deep, deep discussions' on trade with U.S. President Donald Trump. Article content Ford says he spoke with Carney on Wednesday and told him the best outcome would be a swift deal with the U.S. to drop Trump's tariffs on Canadian products. Article content Ford also says that if that deal does not come through in the next few days, Canada should 'come out guns a-blazing' and match Trump's new steel and aluminum tariffs with retaliatory levies of its own. Article content Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store