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Simplify Introduces the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG)
Simplify Introduces the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG)

Business Wire

time28-05-2025

  • Business
  • Business Wire

Simplify Introduces the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG)

NEW YORK--(BUSINESS WIRE)--Simplify Asset Management ('Simplify'), a leading provider of Exchange Traded Funds ('ETFs'), today announced the launch of the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG). 'Energy and infrastructure stand to benefit from... favorable tailwinds, including the growing push for reshoring, increased public sector infrastructure spending, and the continued digitization of our economy..." David Berns, Simplify CIO & co-founder. KNRG is actively managed by the team at Kayne Anderson, which brings decades of experience in managing private and public market investments in energy and infrastructure. The Fund seeks to deliver attractive monthly income by investing in the credit instruments of energy and infrastructure companies, which can include bonds, as well as notes, loans and hybrid or preferred shares. 'We are excited to partner with Simplify to bring together our energy infrastructure expertise with an established ETF platform to offer investors what we believe is a unique and compelling income-focused credit product offering,' said Mike Schimmel, Portfolio Manager at Kayne Anderson. 'Energy and infrastructure stand to benefit from a number of favorable tailwinds, including the growing push for reshoring, increased public sector infrastructure spending, and the continued digitization of our economy, which is incredibly energy-intensive,' said David Berns, Chief Investment Officer and CO-Founder of Simplify. 'We have sought to build a product that provides a source of attractive monthly yield based on a portfolio overseen by a best-in-class manager.' 'In addition, energy and infrastructure credits like those making up the holdings of this new fund have had a meaningfully lower historical rate of defaults than non-energy or infrastructure instruments of similar credit quality,' added Berns. KNRG joins a Simplify ETF lineup that includes a number of first-of-their-kind equity and income exposures. For more information, please visit ABOUT SIMPLIFY ASSET MANAGEMENT INC Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes for which clients are looking. For more information, visit ABOUT KAYNE ANDERSON Kayne Anderson, founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure, and energy. With a team defined by an entrepreneurial and resilient culture, Kayne Anderson's investment philosophy is to pursue cash flow-oriented niche strategies where knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages $38 billion in assets (as of 3/31/2025) for institutional investors, family offices, high net worth and retail clients and employs 350 professionals. IMPORTANT INFORMATION Investors should carefully consider the investment objectives, risks, charges, and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus or Summary prospectus containing this and other important information, please call (855) 772-8488, or visit Please read the prospectus carefully before you invest. An investment in the fund involves risk, including possible loss of principal. The fund is actively-managed is subject to the risk that the strategy may not produce the intended results. The fund is new and has a limited operating history to evaluate. The Fund invests in ETFs (Exchange-Traded Funds) and entails higher expenses than if invested into the underlying ETF directly. The lower the credit quality, the more volatile performance will be. When junk bonds sell off, the lowest-rated bonds are typically hit hardest known as blow up risk. Likewise, the riskiest bonds typically rise fastest in a bull market however these investments that don't have a credit rating are typically the most volatile, hard to price and the least liquid. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate, or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund's gains or losses. The Fund's investment in fixed income securities is subject to credit risk (the debtor may default) and prepayment risk (an obligation paid early) which could cause its share price and total return to be reduced. Typically, as interest rates rise the value of bond prices will decline and the fund could lose value. While the option overlay is intended to improve the Fund's performance, there is no guarantee that it will do so. Utilizing an option overlay strategy involves the risk that as the buyer of a put or call option, the Fund risks losing the entire premium invested in the option if the Fund does not exercise the option. Also, securities and options traded in over-the-counter markets may trade less frequently and in limited volumes and thus exhibit more volatility and liquidity risk. Credit Risk. The Fund will lose money if the issuer or guarantor of a credit instrument goes bankrupt or is unable or unwilling to make interest payments and/or repay principal. The value of a security may decline if there are concerns about an issuer's ability or willingness to make interest and or principal payments. Interest Rate Risk. The value of the Fund's investment in credit securities will fall when interest rates rise. The effect of increased interest rates is more pronounced for any intermediate-term or longer-term obligations owned by the Fund. Industry Concentration Risk: The Fund focuses its investments in securities of a group of two industries. Economic, legislative or regulatory developments may occur that significantly affect the group of industries. Simplify ETFs are distributed by Foreside Financial Services, LLC. Foreside and Simplify are not related. © 2025 Simplify ETFs. All rights reserved.

Youths ride PMDs in middle of the road at Marsiling Lane
Youths ride PMDs in middle of the road at Marsiling Lane

Straits Times

time22-05-2025

  • Straits Times

Youths ride PMDs in middle of the road at Marsiling Lane

Youths ride PMDs in middle of the road at Marsiling Lane A group of youths was spotted riding personal mobility devices (PMDs) in the middle of the road at Marsiling Lane. The incident occurred on May 16 at about 6.30pm. Stomper Kayne, who witnessed the incident from the top deck of a public bus, submitted a video to Stomp showing two youths on PMDs running a red light at a traffic junction. Neither of them were wearing helmets. "It's unsafe for all," said Kayne. Under the Active Mobility Act, PMDs are not allowed on the road and should only be used on cycling and shared paths. PHOTO: LTA Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on:

Jenni Kayne Farmhouse Review
Jenni Kayne Farmhouse Review

Forbes

time30-04-2025

  • Lifestyle
  • Forbes

Jenni Kayne Farmhouse Review

Those with an appreciation for California-based fashion designer Jenni Kayne's eponymous clothing, design and lifestyle brand can now get a deeper glimpse into its laid-back vibe. After a year of invite-only stays, the brand's Farmhouse is now available for public booking on Airbnb starting in May. Nestled on a cozy plot of land in Tivoli, New York, the Farmhouse is a beautiful four-bedroom, three-bathroom gem featuring a chef's kitchen, a pool and an on-site spa, the Oak Wellness Club. The aesthetic embodies Jenni's signature style, featuring items from the designer's own line of furniture, mixed with more than 70 vintage and antique pieces—some dating back to the 17th and 18th centuries. 'There's something so lovely about spring and early summer in the Hudson Valley,' Kayne says. 'It's not too hot yet, the landscape is bright and ever-changing, and everyone seems to be coming alive after winter. I also love the fall upstate. You get to see all of the changing leaves, which isn't something we get here in L.A.' Here's everything you need to know before checking in. divider An aerial view of the Jenni Kayne Farmhouse. Michael Clifford Photography divider Start your day with a farmhouse-inspired breakfast, then grab a spot by the pool, where you can lounge all day while listening to the sounds of nature. Wellness abounds at this property, from the on-site sauna, to the cold plunge and hot tub, to the Oak Wellness Club, a beautiful greenhouse that offers massages and facials featuring Kayne's Oak Essentials line of natural, nontoxic skincare, body care, bath products and spa-inspired fragrances. The barrel sauna and cold plunge at the Jenni Kayne Farmhouse. Courtesy of Airbnb divider The Farmhouse features four serene bedrooms decked out in rich hues, plus three spa-like bathrooms stocked with Oak Essentials products, making it a perfect escape for a girls' trip or a romantic weekend getaway with a significant other. 'I've always had a natural instinct and interest in creating whole environments that reflect a certain feeling: grounded, beautiful, effortless,' Kayne says. 'And I've always loved sharing these environments with friends and family. So extending into interiors as the next lifestyle touchpoint was just a natural extension of both my creative inspiration and the brand as a whole.' divider Tivoli is worth a visit any time of the year—I've visited in both the middle of summer and late fall. But one of the most lively and memorable times to visit is in summer, when the weather is ideal and guests can enjoy all the outdoor amenities the property has to offer. Those looking for adventure in the area can also book hiking or wine tasting trips. For a more leisurely experience nearby, the boutiques in downtown Hudson are definitely worth a visit. 'Stissing House is my absolute favorite,' Kaye says. 'Every meal there is incredible and the ambience is just perfect.' divider Jenni Kayne's Farmhouse is located 100 miles from New York City, about a two-hour drive. It's also accessible by train, a ride of about two hours and 40 minutes (Amtrak to Hudson, followed by a 20-minute Uber ride). The closest airport is Albany International Airport, about a one-hour drive.

Inside Look: Jenni Kayne's Farmhouse In Upstate New York
Inside Look: Jenni Kayne's Farmhouse In Upstate New York

Forbes

time30-04-2025

  • Lifestyle
  • Forbes

Inside Look: Jenni Kayne's Farmhouse In Upstate New York

Those with an appreciation for California-based fashion designer Jenni Kayne's eponymous clothing, design and lifestyle brand can now get a deeper glimpse into its laid-back vibe. After a year of invite-only stays, the brand's Farmhouse is now available for public booking on Airbnb starting in May. Nestled on a cozy plot of land in Tivoli, New York, the Farmhouse is a beautiful four-bedroom, three-bathroom gem featuring a chef's kitchen, a pool and an on-site spa, the Oak Wellness Club. The aesthetic embodies Jenni's signature style, featuring items from the designer's own line of furniture, mixed with more than 70 vintage and antique pieces—some dating back to the 17th and 18th centuries. 'There's something so lovely about spring and early summer in the Hudson Valley,' Kayne says. 'It's not too hot yet, the landscape is bright and ever-changing, and everyone seems to be coming alive after winter. I also love the fall upstate. You get to see all of the changing leaves, which isn't something we get here in L.A.' Here's everything you need to know before checking in. An aerial view of the Jenni Kayne Farmhouse. Start your day with a farmhouse-inspired breakfast, then grab a spot by the pool, where you can lounge all day while listening to the sounds of nature. Wellness abounds at this property, from the on-site sauna, to the cold plunge and hot tub, to the Oak Wellness Club, a beautiful greenhouse that offers massages and facials featuring Kayne's Oak Essentials line of natural, nontoxic skincare, body care, bath products and spa-inspired fragrances. The barrel sauna and cold plunge at the Jenni Kayne Farmhouse. The Farmhouse features four serene bedrooms decked out in rich hues, plus three spa-like bathrooms stocked with Oak Essentials products, making it a perfect escape for a girls' trip or a romantic weekend getaway with a significant other. 'I've always had a natural instinct and interest in creating whole environments that reflect a certain feeling: grounded, beautiful, effortless,' Kayne says. 'And I've always loved sharing these environments with friends and family. So extending into interiors as the next lifestyle touchpoint was just a natural extension of both my creative inspiration and the brand as a whole.' Tivoli is worth a visit any time of the year—I've visited in both the middle of summer and late fall. But one of the most lively and memorable times to visit is in summer, when the weather is ideal and guests can enjoy all the outdoor amenities the property has to offer. Those looking for adventure in the area can also book hiking or wine tasting trips. For a more leisurely experience nearby, the boutiques in downtown Hudson are definitely worth a visit. 'Stissing House is my absolute favorite,' Kaye says. 'Every meal there is incredible and the ambience is just perfect.' Jenni Kayne's Farmhouse is located 100 miles from New York City, about a two-hour drive. It's also accessible by train, a ride of about two hours and 40 minutes (Amtrak to Hudson, followed by a 20-minute Uber ride). The closest airport is Albany International Airport, about a one-hour drive.

Who is Kanye West's cousin in jail for murder as rapper releases shocking new track
Who is Kanye West's cousin in jail for murder as rapper releases shocking new track

Daily Mirror

time22-04-2025

  • Entertainment
  • Daily Mirror

Who is Kanye West's cousin in jail for murder as rapper releases shocking new track

Controversial rapper Kanye West has shocked once again with the release of his latest song, Cousins, that details his alleged incestuous relationship with a male cousin Kayne West has made a series of shocking revelations once again and this time about his troubled childhood. The controversial rapper, who has shocked with his headline-grabbing stunts, has now released a brand new track with some very jaw-dropping lyrics. Kanye, also known as Ye, made a claim about having incestuous relationship with a male cousin when he was a child in his song Cousins. While he has not named the cousin, he claims the relative is now locked behind bars for murder. ‌ In a post on X, the musician claimed the pair would "act out" what they saw in pornographic magazines. The song has sparked an intense response online after it was released on Monday as the explicit track claims to detail a harrowing experience from Kayne's past. He wrote: "This song is called COUSINS about my cousin that's locked in jail for life for killing a pregnant lady a few years after I told him we wouldn't 'look at dirty magazines together' anymore. "Perhaps in my self centered mess I felt it was my fault that I showed him those dirty magazines when he was 6 and then we acted out what we saw. "My dad had playboy magazines but the magazines I found in the top of my moms closet were different" While Kanye has not disclosed the identity of his cousin in the track, he has previously spoke about an incarcerated relative. During an interview in 2018 with Jimmy Kimmel, he said: "My cousin is locked up for murder and I love him. So he did a bad thing, but I still love him." ‌ His ex-wife Kim Kardashian has also spoke of an incarcerated family member. The only thing known about the cousin was the fact he was convicted of murder at the age of 17. Speaking to Marc Howard, president of the Frederick Douglass Project for Justice and director of Georgetown University's Prisons and Justice Initiative, Kim explained: "[Kanye's] cousin has a double life sentence for a murder that he committed when he was 17." Kim said that Kayne's aunt had accepted her son's fate. She added: "She's like, 'I'm not even that distraught anymore. Like, that's just what happens to the kids in our neighbourhood.' There's just no other choice." ‌ The song that has shocked fans kicks off: "I saw you outside again, just hanging out with your friends. Hanging with my cousin, reading dirty magazines." He continues: "Then we start re-enacting everything that we had seen. That's when I gave my cousin head, gave my cousin head. Gave my cousin head, I gave my cousin head. I gave my cousin head. "Told my cousin not to tell nobody (Please, no, don't tell nobody). People tell me take it to my grave. 'Truth will set you free someday'. I don't think they understand That I'm not attracted to a man (They thought I was gay)." If you are 18 or under and have been affected by this story, you can contact Childline, confidentially on 0800 1111. You can also contact the NSPCC Helpline by phoning 0808 800 500 or emailing help@ If a child is in immediate danger, call 999.

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