Latest news with #Greenwich-based


Time Out
2 days ago
- Entertainment
- Time Out
A gallery show of rare Keith Haring drawings is popping up in this NYC suburb
Move over, Manhattan. This month, one of New York City's most iconic street artists is taking over a dining room with views of it. From today, August 6 through Friday, August 29, Kanopi —the modern Portuguese-inspired fine-dining spot perched 42 floors above White Plains, will trade its sweeping Hudson-to-Manhattan panoramas (well, most of them) for something a little more underground: Rare 1980s Keith Haring subway drawings. The pop-up exhibition, HARINGS!, is a collaboration between Kanopi and Greenwich-based Trimper Gallery, transforming the restaurant into a gallery lounge and immersive listening room. Lining the walls will be Haring's bold, black-and-white chalk drawings, originally scrawled on blank advertising spaces in New York's subway stations, where millions could encounter them on their daily commute. Chef Anthony Gonçalves, a James Beard Award semifinalist who grew up steeped in New York City nightlife, is pairing the visual art with a soundtrack worthy of a downtown club in its prime. The curated playlist runs while guests take in Haring's kinetic, high-energy figures—proof that even in a white-tablecloth setting, his work retains every ounce of its street-level buzz. Of course, it wouldn't be Kanopi without food worth lingering over. The HARINGS! menu riffs on cosmopolitan indulgence: a towering seafood platter with oyster, lobster, tiger shrimp and hand-picked crab; a luxe Mishima Reserve wagyu katsu sando; sourdough flatbreads topped with anchovy, oregano-roasted yeast butter and lardo; and tempura in two directions—seasonal Hudson Valley vegetables or tiger shrimp in almond beer batter. Save room for desserts like playful Japanese milk ice cream sundaes with bourbon caramel and cookie crumble or fruit ice-pops in rotating flavors. HARINGS! marks the third creative pairing between Kanopi and Trimper Gallery, following showcases of work by photographer Tyler Shields and painter Lincoln Townley. This time, Gonçalves says, the collaboration felt like a natural evolution, melding the restaurant's refined intimacy with the raw pulse of 1980s New York. For art lovers, it's a chance to see original Haring works without trekking into the city (or fighting for elbow room in a packed museum). For diners, it's proof that fine dining can be just as adventurous as a late-night gallery crawl. And for anyone nostalgic for the days when you could stumble on great art between subway stops, it's a rare opportunity to sit with it, glass of vinho verde in hand.

Time Business News
19-06-2025
- Business
- Time Business News
Brad Palmer Greenwich Connecticut: Reviving Startups with Second-Chance Capital
In the serene enclave of Greenwich, Connecticut, a unique approach to venture capital is transforming the startup landscape. At the helm of Palm Ventures, Bradley Palmer has built a legacy of empowering impact-driven startups with the resources to overcome challenges and achieve sustainable growth. Through Palm Venture Studios, the firm offers not just capital but a lifeline for early-stage companies, helping them pivot, scale, and make a lasting difference. See more here Palm Ventures, established in 1992, operates differently from traditional venture capital firms. While many investors chase rapid returns, the Greenwich-based firm prioritizes patient capital and long-term success. Backed by a family office with over three decades of experience, it targets startups that have hit roadblocks—whether due to cash flow issues, market missteps, or difficulty raising follow-on funding. The firm's mission is clear: provide second-chance capital and hands-on support to help promising businesses thrive. This approach has yielded impressive results, with a portfolio of 35 platform companies, 30 add-on acquisitions, and 18 exits, achieving a 21x return on investment on a blended basis. Unlike conventional VC firms that impose rigid terms, Palm Ventures offers flexible deal structures, rapid closings, and even debt restructuring, ensuring founders retain equity and control. Palm Venture Studios excels at rescuing startups on the brink. Take Camio, an AI-driven video security company that had secured top-tier clients across 14 countries but faced a near-fatal cash crunch. With Palm's investment and strategic guidance in sales and marketing, Camio found better product-market fit and expanded its reach. 'After swimming across oceans, I'm grateful for the Palm team who gave us the chance to survive and thrive,' said CEO Carter Maslan. Another success story is Goode Health, a startup revolutionizing nutrition to address micronutrient deficits. Palm's operational support and capital helped Goode Health scale its innovative solutions, making wellness more accessible. 'Their partnership has been instrumental in driving positive change in healthcare,' noted CEO Mike Glick. Based in Greenwich, Connecticut, Palm Ventures is deeply rooted in a commitment to social good. The firm focuses on startups in health, energy efficiency, and workforce development—sectors that align with its impact-driven ethos. This philosophy extends to its investment process, which avoids lengthy due diligence in favor of swift, discreet capital deployment tailored to each startup's needs. The firm's studio platform sets it apart, offering shared services like business development and operational expertise. This hands-on approach ensures startups don't just survive but build sustainable business models. For founders, Palm Ventures is more than an investor—it's a partner dedicated to their long-term vision. Palm Ventures' Greenwich headquarters serves as a hub for innovation, attracting founders from North America, Africa, and Oceania. Its focus on second-chance capital fills a critical gap in the venture ecosystem, offering hope to startups that traditional investors might overlook. By blending financial discipline with a passion for impact, the firm is redefining what success looks like in venture capital. For entrepreneurs in Greenwich, Connecticut, and beyond, Palm Venture Studios is a reminder that setbacks are not the end. With the right support, startups can pivot, grow, and achieve greatness. TIME BUSINESS NEWS


Business Wire
11-06-2025
- Business
- Business Wire
Great Point Partners Acquires Majority Stake in Eutecma – Sustainable Temperature Controlled Pharmaceutical Packaging
GREENWICH, Conn.--(BUSINESS WIRE)-- Great Point Partners ('GPP' or 'the Firm'), a Greenwich-based private investment firm focused exclusively on the health care industry, announced today the acquisition of a majority stake in Eutecma (or 'the Company'), a German-based developer of sustainable, modular, and reusable temperature controlled packaging solutions for pharmaceutical cold chain shipments. 'Nearly 17 years later we have the chance to make even greater strides, and we're thrilled to have GPP's support in this next phase of growth.' - Eutecma Co-Founder, Markus Baumgärtner Share Since its founding in 2008, Eutecma has been committed to producing passive cooling systems that make transport and logistics more sustainable and efficient. Eutecma is a leader in the pharmaceutical industry with its patented ICECATCH ® cooling systems being a top choice among pharmaceutical, medical, and laboratory diagnostics businesses. Eutecma's ' retecma ' has created a circular system for its packaging materials with an extensive network of Refreshment Centers. The process ensures materials remain in circulation for as long as possible while shrinking carbon dioxide (CO 2) emissions, and provides real-time CO 2 reduction data to clients. 'We have successfully created innovative and sustainable cold chain solutions that have proven themselves with well-known pharmaceutical customers,' said Eutecma Co-Founder, Florian Zeilfelder. 'Our work with GPP will advance that mission so we can strategically expand our reach, especially in the US and other geographies around the world.' 'Florian and I took a leap of faith when founding Eutecma because we knew we had an innovative idea for our industry,' said Eutecma Co-Founder, Markus Baumgärtner. 'Nearly 17 years later we have the chance to make even greater strides, and we're thrilled to have GPP's support in this next phase of growth.' With this partnership, Eutecma has also acquired Resolvision, Eutecma's proprietary re-use machine technology utilized at its Refreshment Centers. 'Eutecma impressed us with their innovative technology and approach to sustainability that is making a significant impact for pharmaceutical clients,' said Eddie Hjerpe, Senior Vice President at GPP. 'Their temperature performance, CO 2 reduction data, and differentiated engineering is exactly what the evolving cold-chain industry is looking for today.' 'Eutecma has the opportunity to further expand its global capabilities at a time when there's growing demand for reusability, cost-savings, and new cooling technologies within cold chain,' said Harrison Johnson, Vice President at GPP. 'This investment underscores our dedication to supporting exceptional high growth health care companies that assist in bringing lifesaving medicines to patients across the globe.' About Great Point Partners Great Point Partners ( founded in 2003 and based in Greenwich, CT, is a leading health care investment firm with 32 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new minority and majority private equity investments from GPP IV. Great Point manages approximately $1.5 Billion of capital in its private funds and public biotechnology equity strategy (BioMedical Value Fund). Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with a particular emphasis on biopharmaceutical services and supplies, alternate site care, contract manufacturing and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. About Eutecma Founded in 2008 by co-founders Florian Zeilfelder and Markus Baumgärtner, Eutecma ( is a leading designer and manufacturer of sustainable, modular, and reusable temperature controlled packaging solutions for pharmaceutical clients. The Company is headquartered in Mannheim, Germany with Refreshment Centers in the EU and U.S. Eutecma's product portfolio is designed to be reused for multiple shipments, which enables clients to meet their sustainability initiatives while simultaneously yielding lower upfront and total cost of shipment compared to other TCP solutions. To pair with its reusable TCP solutions, Eutecma's 'retecma' program enables the evaluation of used packaging at their Refreshment Centers for evaluation and refurbishment before reusing or recycling the solutions for future shipments. This refurbishment process creates a circular economy whereby Eutecma products are reused until their end of life, at which point they are recycled creating a fully circular, sustainable economy.
Yahoo
14-05-2025
- Business
- Yahoo
Beach home brings $48.5M in Palm Beach. It last sold for $16M before the pandemic boom.
A direct-beachfront estate on the far North End of Palm Beach has sold for $48.5 million — or about $32.55 million more than it sold for six years ago, before the coronavirus pandemic arrived and helped launch a real estate boom that sent property values through the ozone layer. The estate at 1519 N. Ocean Way is ripe for renovation or replacement, according to the Corcoran Group's sales listing. The new owner is Kelly J. Roberts of Laguna Beach, California, the deed recorded May 14 shows. Married to Duane Roberts, she bought the estate as trustee of a community property trust in both their names. When two limited liability companies bought the property in May 2019, the entities were linked in public records to financier Edward A. Mule and Marian Mule of Greenwich, Connecticut. Their two companies paid a recorded $15.95 million for the bulk of the property and $936,571 for a side yard, property records show. Edward Mulé co-founded and is CEO and chief executive officer, co-founder of Silver Point Capital LP, a Greenwich-based hedge fund. The company has additional offices in Chicago; London; Stamford, Connecticut; and Charlotte, North Carolina. The sale was first reported by the Wall Street Journal on May 14, the day the transaction closed. Real estate attorney Maura Ziska signed the deed to sell both of the estate's parcels. She acted as the 'authorized signatory' of the two selling entities — 1519 N. Ocean Way #1 LLC and 1519 N. Ocean Way #2 LLC, both registered in Delaware. The buyers are 'food service and real-estate entrepreneurs' who plan to 'reconfigure and renovate' the house, the Journal reported. The Journal identified the Robertses as billionaires, but they are not listed in the 2025 Forbes list of the the world's billionaires. Duane Roberts is 'widely credited with inventing the frozen burrito in the 1950s,' the Journal article said. His wife 'heads the company he founded, Entrepreneural Corporate Group,' according to the Journal. Facing about 90 feet of beachfront, the Palm Beach estate includes a federally protected dune parcel that brings the total land measurement to about 1.8 acres when measuring from the street to the high-water line, according to the Corcoran Group's sales listing. The estate is the eighth seaside property south of the inlet at the northern tip of the island. Completed in 1936, the 10-bedroom Mediterranean-style residence has 12,928 square feet of living space, inside and on its wrap-around covered lanais and roofed balconies, according to the sales listing. The floorplan is roughly T-shaped to make the most of the narrow lot. Corcoran agents Dana Koch and Paulette Koch held the listing, which entered the market in mid-February with an asking price of $54.9 million. The price never wavered. Agent Tom Shaw of Sotheby's International Realty represented the buyer, the MLS shows. The sales listing described the two-story house as a 'captivating' European style villa. But the listing also said the buyer could 'renovate or build new on this rare waterfront property,' which was described as facing 'the widest and most private beach on the island.' Interior photos show detailed crown moldings; wood and stone floors; and a master suite with a tray ceiling and wide views of the sea. Other features include a winding staircase, a poolside dining room and an expansive living room with glass doors leading to the colonnaded lanai. The original architect is unknown, and the style of its architecture has been substantially changed since it was built, according to town records. Records in the MLS show that the house has been marketed for lease since it last changed hands in 2019. Although Palm Beach property values are no longer escalating at the rapid pace that accompanied the pandemic-sparked real estate boom, prices are still far higher than they were before the health crisis arrived in the spring of 2020. * This is a developing story. Check back for any updates. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly 'Beyond the Hedges' column. He welcomes tips about real estate news on the island. Email dhofheinz@ This article originally appeared on Palm Beach Daily News: Palm Beach ocean estate fetches $48.5M after selling for $16M in 2019

Yahoo
01-05-2025
- Business
- Yahoo
CT man accused of defrauding investors out of nearly $3.5 million through hedge fund scheme
A Stamford man has pleaded guilty to federal charges after authorities accused him of defrauding multiple people out of nearly $3.5 million through a hedge fund scheme. Justin C. Murphy, 50, appeared Tuesday in federal court in New Haven where he pleaded guilty to one count each of wire fraud and money laundering, according to the U.S. Attorney's Office for the District of Connecticut. The charges combined expose him to 30 years in prison, officials said. According to federal authorities, Murphy owned and operated Greenwich-based Mara Investment Group, LLC, which was also known as Mara Investment Management LP and Mara Investments Global Management LLC. He purported the group to be a hedge fund that solicited investments and used a 'quantitative strategy that balanced long and short positions in securities.' According to officials, between around 2016 and September 2022, Murphy defrauded investors by pursuing a 'much riskier investment strategy' than he disclosed and diverted 'substantial investor funds' for his own personal use. Authorities alleged that he also informed victims that their investments were performing more favorably than they were. Murphy allegedly went as far as to provide investors with account statements that falsely represented their account balances and federal tax forms that falsely reported business income that required them to pay taxes on money they believed they had made, officials said. Murphy has been accused of stealing about $3,465,812 through the scheme, reportedly using the money for personal expenses and to purchase a personal stake in his relative's startup company, according to authorities. Murphy was arrested in Brazil on Dec. 6, 2023, and was detained for nearly 11 months while awaiting extradition to the U.S. He has been released on $250,000 bond since November 2024. His sentencing has not yet been scheduled.