Latest news with #PhilipHarris
Yahoo
21-05-2025
- Yahoo
Kansas cops must meet quotas for Click It or Ticket grant funds
TOPEKA (KSNT) – Law enforcement in Kansas 'must conduct enforcements' to be eligible for Kansas Department of Transportation (KDOT) grant funds during statewide Click It or Ticket campaigns. Starting on May 18, the TPD kicked off its Memorial Day Click It or Ticket traffic enforcement campaign. The campaign will last until June 1. City Communications Director Dan Garrett said the Click It or Ticket is funded through a Kansas Department of Transportation (KDOT) Special Traffic Enforcement Program (STEP) grant. STEP launches four campaigns annually to increase seat belt use and enforce impaired and distracted driving laws, according to KDOT. The campaigns typically happen around Thanksgiving, New Year's Eve, Memorial Day and Labor Day holidays. 27 News reached out to KDOT to see what the requirements are for contracted law enforcement to receive those STEP grant funds. How much rain did NE Kansas get on Monday? KDOT Chief Public Information Officer Philip Harris said officers must conduct 'enforcements' while on overtime and are expected to make at least two contacts per hour of overtime submitted. He said that contacts aren't necessarily writing tickets, but rather the number of drivers officers make contact with. 'Those contacts may result in a range of outcomes from education all the way up to citations and arrests,' Harris wrote. FBI Director Kash Patel says he will pledge more agents to Kansas, Topeka For law enforcement agencies to receive STEP grant funds they must: Conduct enforcements on overtime during the specified enforcement periods, which are defined by the National Highway Traffic Safety Administration (NHTSA). Have a minimum expectation of two contacts per hour of overtime submitted. Provide activity reports and hours worked that are eligible for overtime reimbursement. Earlier this week, Riley County Police Department Director Brian Peete joined the 27 News morning show to talk about how his police department is participating in the Click It or Ticket campaign. You can watch the interview here. For more local news, click here. Keep up with the latest breaking news in northeast Kansas by downloading our mobile app and by signing up for our news email alerts. Sign up for our Storm Track Weather app by clicking here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-05-2025
- Business
- Yahoo
Arbra launches tech-focused private market fund
Arbra Partners has launched a private markets investment vehicle that provides exposure to some of the most promising high-growth tech companies, including the space exploration company SpaceX. The multinational asset management and wealth advising firm introduced its High Conviction Private Markets Basket I, a curated portfolio of private technology companies operating in North America and Europe. Other companies in the basket include Varda, an innovative manufacturing firm, and Ramp, a finance platform. The Basket, which is designed to leverage on rising global digital trends, is part of Arbra's larger strategy of identifying investment opportunities outside of established markets. Furthermore, the portfolio includes both direct equity shares and co-investments through top-tier general partners, typically at the Series B and beyond. The fund will operate as a Delaware-based Special Purpose Vehicle (SPV), with an investment minimum of $500,000. Arbra's approach is based on what it calls a "high conviction" thesis, which is a rigorous technique that combines venture capital knowledge with hedge fund strategy. Analysts at the firm focus on areas and technology that they believe will drive tomorrow's economy, such as: Democratisation of technology Global surge in talent AI as an innovation catalyst Government as consumers of technology The fund intends to make opportunistic exits within four to five years, which means it will not have to wait for IPOs or M&A transactions to deliver capital to investors. This initial Basket is at the crossroads of what Arbra sees as the next wave of technological and economic development. Sectors of particular relevance are: Industrialisation 4.0, covering space and defence tech, robotics, and advanced manufacturing Climate tech, including nuclear energy, next-generation power grids, and carbon capture technologies Enterprise technology, from fintech to cybersecurity, big data and cloud computing Arbra additionally focuses its global outlook and focus on alternative assets. In addition to wealth management and traditional asset services, the business uses its global network, particularly in the BRICS markets, to provide tailored M&A and investment opportunities. Philip Harris, Chief Executive of Arbra, stated: 'Our High Conviction Basket aims to fill a gap in the way our investors gain exposure to private market opportunities. All our targets are part of a highly curated long list of unique tech disruptors, and we are delighted to bring this to market.' Lucas Bitencourt, founder of Arbra, added: 'We're backing the breakthrough technologies and proven sectors we believe will reshape the future - and our High Conviction Basket offers investors a bold, distinctive opportunity to stay ahead of the curve.' Future Baskets will be offered on a rolling basis as new opportunities arise, with Arbra refining its selection methodology to catch the most transformative and scalable enterprises in private tech. "Arbra launches tech-focused private market fund" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
