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King Charles asks RNLI crew whether they 'get a lot?' while discussing small boat crossings
King Charles asks RNLI crew whether they 'get a lot?' while discussing small boat crossings

Sky News

time10-07-2025

  • General
  • Sky News

King Charles asks RNLI crew whether they 'get a lot?' while discussing small boat crossings

King Charles has asked RNLI volunteers if they "get a lot" of small boat crossings and rescues, during a royal visit on Thursday. The King visited an RNLI station in Walmer Beach, Kent, and while there he took part in a litter pick and greeted members of the public. Among the volunteers he spoke to were three crew members being honoured for a rescue operation from around two-and-a-half years ago. On 14 December 2022, four people died and 43 were rescued when a small boat began taking on water during an attempted crossing by migrants of the Channel. Volunteer Daniel Sinclair told the King the boat was "not very seaworthy". He described the rescue as "traumatic". In response, the King asked: "Do you get a lot of those call outs?" Mr Sinclair said: "Not so much here," before adding that the stations in Ramsgate and Dover were used more for channel crossings. This marks the second time the monarch has spoken about small boat crossings this week. On Tuesday evening, at a state banquet to mark the start of Emmanuel Macron's three-day visit to the UK, the King told guests that increased cooperation between the UK and France would protect against "profound challenges" like terrorism, organised crime and "irregular migration" across the English Channel. At the end of the visit, Sir Keir Starmer and Mr Macron announced a new migrant return pilot that would see some people sent back to France. 14 December 2022 Mr Sinclair recalled the events of the rescue from 2022. Ibrahima Bah was jailed for almost a decade in February last year, as he piloted the boat that sank after setting off from France. During the trial, jurors were told the homemade boat should have had no more than 20 people on board, but carried at least 43 that night. Mr Sinclair described the rescue as "very chaotic and stressful". "We saved five people's lives, stopped them from drowning and it was bitterly cold, but the adrenaline kept us going," he said. 'Those shingles are very hard work' During the visit on Thursday, after speaking to RNLI volunteers, the King went on to pick up rubbish, waving his litter picker to a crowd of residents.

King talks to Kent RNLI crew about small boat rescues
King talks to Kent RNLI crew about small boat rescues

BBC News

time10-07-2025

  • Politics
  • BBC News

King talks to Kent RNLI crew about small boat rescues

King Charles III spoke to an RNLI crew about small boat rescues in the English Channel during a visit to the Kent coast. At Walmer lifeboat station on Thursday the monarch spoke to three crew members honoured for a rescue operation 10 miles off the coastline. A total of four people died and dozens were rescued when the small boat they were on began taking on water in December 2022."Do you get a lot of those call outs?" the King asked. "Not so much here," replied volunteer crew member Daniel Sinclair, adding that stations in Ramsgate and Dover were more used to dealing with Channel Sinclair, who has been an RNLI volunteer for 17 years, told the King the small boats were "not very seaworthy" and described the operation as "traumatic".He told reporters later: "It was a very chaotic and stressful call out for us on board our Atlantic 85."We saved five people's lives, stopped them from drowning and it was bitterly cold but the adrenaline kept us going."The King spoke about the issue of small boats when he delivered a speech at a state banquet on Tuesday, marking the start of French President Emmanuel Macron's three-day state visit to the told Windsor Castle dinner guests about the deepening co-operation between the UK and France that will protect against "profound challenges" like terrorism, organised crime and "irregular migration" across the English Channel. King Charles remarks came on his first visit to Kent as toured Walmer Castle, an official residence and favourite place of his grandmother up until her picked up rubbish on Walmer beach, waving his litter picker at the crowd hoping to see told one resident as he shook their hand: "Those shingles are very hard work".Deal and Walmer residents gathered in their hundreds as Charles waved and shook hands with many of reporting by PA Media.

King asks if RNLI volunteers ‘get a lot' of small boats call outs during visit
King asks if RNLI volunteers ‘get a lot' of small boats call outs during visit

The Independent

time10-07-2025

  • Politics
  • The Independent

King asks if RNLI volunteers ‘get a lot' of small boats call outs during visit

The King spoke to a lifeboat crew about a small boat rescue and asked whether they 'get a lot' of those types of call outs, during a visit to an RNLI station in Kent. On Thursday, Charles visited Walmer Beach near Deal Castle and spoke to RNLI volunteers about their work, joined in with some litter picking and greeted members of the public. Among the volunteers were three crew members who were being honoured for a rescue operation 10 miles off the coast on December 14 2022. Reports from that day indicate that four people died and 43 were rescued when a small boat began taking on water. Volunteer Daniel Sinclair told the King the small boats were 'not very seaworthy' and described the operation as 'traumatic'. 'Do you get a lot of those call outs?' Charles asked. 'Not so much here,' replied Mr Sinclair, adding that stations in Ramsgate and Dover are used more often for channel crossings. The King spoke about the issue of small boats when he delivered a speech at a state banquet on Tuesday evening, marking the start of France's President Emmanuel Macron's three-day state visit to the UK. He told the Windsor Castle dinner guests about the deepening co-operation between the UK and France that will protect against 'profound challenges' like terrorism, organised crime and 'irregular migration' across the English Channel. Earlier, Sir Keir Starmer said the UK would tackle illegal migration with 'new tactics' and a 'new level of intent' ahead of crunch talks to hammer out a deal with Mr Macron. The French president said the UK and France 'share the same will' to address the issue at the start of a Franco-British summit at Downing Street. Mr Sinclair told the PA news agency: 'We went to a call out on December 14 2022, for a small boat taking on water with multiple people in the water, it was a very chaotic and stressful callout for us on board our Atlantic 85. 'We saved five people's lives, stopped them from drowning and it was bitterly cold but the adrenaline kept us going.' He has been an RNLI volunteer for 17 years after joining up when he turned 18. The King then went on to pick up rubbish on Walmer Beach, waving his litter picker at the crowd of residents hoping to see him. He told one resident as he shook their hand 'those shingles are very hard work'. Deal and Walmer residents gathered in their hundreds as Charles waved and shook hands with many of them. One man, wearing nothing on his top half, admitted 'I'm a bit underdressed, aren't I?' which the King chuckled at.

Ares Management Launches First ELTIF to Expand Access to European Direct Lending Strategy
Ares Management Launches First ELTIF to Expand Access to European Direct Lending Strategy

Business Wire

time19-06-2025

  • Business
  • Business Wire

Ares Management Launches First ELTIF to Expand Access to European Direct Lending Strategy

LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ('Ares'), a leading global alternative investment manager, announced today the launch of its first European Long-Term Investment Fund ('ELTIF') vehicle, the Ares European Strategic Income ELTIF Fund ('AESIF ELTIF'), a semi-liquid perpetual direct lending fund that will provide individual investors in the European Economic Area with expanded access to Ares' leading European Direct Lending strategy. AESIF ELTIF is the latest offering through the wealth channel and its first under the updated ELTIF regime. Designed to deliver a diversified portfolio largely comprising directly originated, senior secured floating rate loans to businesses in Western Europe, AESIF ELTIF seeks to provide a durable income solution with downside protection and yield stability. AESIF ELTIF is intended to widen individual investor participation in Ares' European Direct Lending strategy through lower investment minimums relative to traditional alternative investment products. Ares launched its European Direct Lending strategy in 2007, gaining a first mover advantage, and has established itself as a market leader. The strategy comprises approximately 95 investment professionals operating across seven offices in Europe and managed over $77 billion in assets, as of March 31, 2025. Since its inception, the European Direct Lending business has completed over 390 investments totaling more than €73 billion. 'Ares strongly believes in our ability to provide individual investors with attractive investment solutions as they seek to diversify their portfolios in response to volatility and uncertainty in the public markets,' said Andrea Fernandez, Head of Product Management and Investor Relations for European Credit, and Daniel Sinclair, Partner in European Direct Lending. 'As part of this commitment, AESIF ELTIF enables us to offer qualifying individuals the same high-quality, localized origination and strong portfolio management capabilities we offer our institutional investors.' 'We are pleased to further expand access to our leading European direct lending capabilities for individual investors in Europe, underscoring the strong demand for income-producing asset classes such as private credit,' said Mark Serocold, Partner and EMEA Head of Wealth Management Solutions. 'The updated ELTIF regime is aligned to our mission of democratizing private markets investments, and we believe we will continue seeing a shift in allocations to the private markets as a wider pool of qualifying individual investors become eligible to participate.' Since the launch of the wealth channel in 2021, Ares has remained focused on scaling its wealth platform to deliver private markets access and education to financial advisors and their clients. With a growing team of approximately 150 professionals located in offices throughout the U.S., Europe and Asia, Ares' wealth channel represents one of the most resourced wealth distribution and client service platforms in the alternatives industry today. About Ares Management Corporation Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2025, Ares Management Corporation's global platform had approximately $546 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit Disclaimers Interests in AESIF ELTIF have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), or the applicable securities laws of any United States state or any non-United States jurisdiction. The interest in AESIF ELTIF may not be offered, sold or delivered directly or indirectly in the United States or to or for the account or benefit of any 'U.S. Person' except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any applicable state laws. As such, any 'U.S. Person' may not receive and should not act or rely on this Press Release or any other materials related to AESIF ELTIF. The information contained in this Press Release is being made available solely for information purposes. Any potential investors are urged to carefully read the applicable Prospectus and other materials in their entirety before making an investment decision. Any potential investors should conduct their own investigations and analysis of Ares, AESIF ELTIF and the information set forth in the applicable Prospectus and other materials. Nothing in this Press Release or the other applicable materials should be construed as a recommendation to invest in any securities or as legal, accounting or tax advice. Before making any decision to invest in AESIF ELTIF, potential investors should carefully review information relating to Ares and AESIF ELTIF and consult with their own legal, accounting, tax and other advisors when considering the merits of any investment. There can be no assurance that AESIF ELTIF will meet its investment objectives or otherwise be able to successfully carry out its investment program. There can be no assurance that an investor will receive a return on its capital, and therefore, an investor should only invest in AESIF if such investor is able to withstand a total loss of its investment. All data as of March 31, 2025. Diversification does not assure profit or protect against market loss. References to downside protection are not guarantees against loss of investment capital or value.

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