Latest news with #Rosamond
Yahoo
20-05-2025
- Business
- Yahoo
VERO Announces Growth Equity Round Co-Led By Fifth Wall And Sunriver Capital Partners
—With meaningful participation from Rebuild Capital, the investment and newly appointed leadership positions VERO to accelerate product innovation, scale operations, and deepen market traction— NEW YORK, May 20, 2025 /PRNewswire/ -- VERO—the modern screening and leasing platform for owners and renters—today announced a significant growth equity round co-led by Fifth Wall and Sunriver Capital Partners, with meaningful participation from Rebuild Capital. This strategic partnership brings together leading firms to distinctly bolster VERO's position in the market. The capital will enable the company to accelerate product development, enhance go-to-market initiatives, and solidify its role as the foundational layer within the modern property tech stack — optimizing the owner and renter experience. This round follows VERO's $9M Series B, led by Fifth Wall, which closed in April 2023. "VERO sits at one of the most critical junctures in the renter journey — right at the point where real, verifiable information enters the system. That moment isn't just about screening; it sets the stage for everything that follows, from insurance and deposit alternatives to the move-in experience," shared Magnus Vik, Co-President & Chief Operating Officer, Fifth Wall. "VERO isn't a point solution, it's the gateway to an entire ecosystem. We're thrilled to double down on our investment in VERO and look forward to supporting them as they continue redefining how the industry serves owners and renters." As VERO enters its next chapter, Travis Gibson has joined the company as Chief Technology Officer. An early engineer at Marqeta—the global leader in modern card issuing—Gibson played a pivotal role in scaling the company's Digital Banking product suite through hypergrowth and IPO. He later founded Proper, a Y Combinator-backed FinTech startup, which was acquired by Intuit in March 2024. More recently, Gibson has been focused on helping public companies modernize their legacy tech stacks and elevate overall product performance. Gibson joins a seasoned leadership team that includes Jamey Rosamond, Co-Founder and Managing Partner at Sunriver, who now serves as Chief Executive Officer of VERO. Rosamond brings more than two decades of experience operating and investing in high-growth companies across the real estate tech, insuretech, and construction tech sectors. Prior to founding Sunriver, Rosamond served as Chief Operating Officer of leading the company through its acquisition by MRI Software, and before that as Chief Operating Officer of RadPad, which was acquired by Priority Technology Holdings. Rounding out the team is Jeff Cate, VERO's Chief Financial Officer, who brings deep expertise in finance and operations, having held senior roles at Appspace, Hayman Capital Management, and Atlas Capital. "With a proven track record of building and scaling category-defining financial products, leading high-performance engineering teams, and driving innovation across both startups and enterprise environments, Travis brings the vision and technical depth to accelerate VERO's next wave of product growth," stated Copley Broer, Co-Founder & Managing Partner at Sunriver. "This significant capital infusion—combined with a best-in-class leadership team and a robust pipeline—positions VERO to capitalize on its momentum and solidify its status as the category leader of choice for owner-operators." Lou Baugier—VERO's founding Chief Executive Officer—will continue to support the company as a Senior Advisor, helping to guide its mission and long-term vision. Under Baugier's leadership, VERO evolved from an early-stage startup into a trusted partner to several of the top 10 property management companies in the U.S. His transition marks a natural evolution as the company enters its next phase of growth. Supporting this next chapter, VERO has strengthened its Board of Directors with the addition of Vik, Broer, and Jeremy Kaner, Founder and Managing Partner of Rebuild Capital. VERO's platform has become increasingly valuable to many of Fifth Wall's Limited Partners operating across the single-family and multifamily sectors. Kristy Simonette, Senior Vice President of Strategic Services and Chief Information Officer at Camden Property Trust, said, "As the industry moves past favorable cap rate dynamics, success now relies on execution and partnering with platforms that deliver measurable results. We constantly evaluate every partner based on ROI, and VERO stands out. It streamlines our leasing process, catches fraud early, and ensures we place the right residents in our apartment homes. It's essential in today's operating environment." VERO is a purpose-built platform designed to streamline residential leasing by mitigating risk, accelerating leasing velocity, and consolidating fragmented vendor relationships. In a market where owners and operators often rely on incomplete risk proxies, and applicants face outdated, invasive processes, VERO offers the modern, centralized solution that works for both sides of the lease. As the first and only platform to fully automate the verification of prior residency and applicant qualifications, VERO eliminates manual workflows while improving accuracy, compliance, and operational efficiency. By unifying every step of the leasing process—from screening to signing—into one fraud-proof system, VERO helps increase net asset value, reduce risk, and deliver a faster, more transparent experience for both property teams and renters. Today, VERO is live across a rapidly growing footprint of properties, has flagged tens of thousands of fraudulent applications, and has screened hundreds of thousands of applications — a testament to the accelerating demand for modern leasing infrastructure. About VEROVERO is the modern screening and leasing platform purpose-built for owners and renters. Acting as the foundational layer of the residential leasing stack, VERO helps operators reduce risk, increase velocity, and streamline workflows by consolidating fragmented tools into one centralized system. As the only platform to fully automate applicant and residency verification, VERO eliminates manual processes while improving compliance, accuracy, and fraud detection. By unifying the leasing journey—from screening to signing—VERO delivers a faster, safer, and more transparent experience for property teams and renters alike. Learn more at About Fifth WallFounded in 2016, Fifth Wall, is the largest asset manager investing at the intersection of real estate and technology. With approximately $3B in commitments and capital under management, Fifth Wall is backed by a global mix of more than 110 strategic limited partners from 20-plus countries, including BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, Hilton, Hines, Host Hotels and Resorts, Kimco Realty Corporation, Lennar, Marriott International, MetLife Investment Management, MGM Resorts, Related Companies, Starwood Capital, and Toll Brothers, amongst others. This consortium represents one of the largest groups of potential partners in the global built world ecosystem, resulting in transformational investments and collaboration with portfolio companies to improve efficiency and maximize returns. Founded in Los Angeles and headquartered in New York City, Fifth Wall's other offices include San Francisco, London and Singapore. For more about Fifth Wall, its Limited Partners and portfolio, please visit About Sunriver Capital PartnersSunriver Capital Partners bridges the gap between traditional venture capital and private equity. We provide growth capital to mid-stage technology companies with proven business models that may not fit conventional funding frameworks. Sunriver is deeply focused on the technologies that are changing traditional industries such as real estate, construction, and insurance, and our experienced internal operations team ensures that we bring more than just capital to our portfolio companies. Sunriver is based in Dallas. For more information, please visit About Rebuild CapitalRebuild Capital is a special situations investment firm focused on Built World technology companies and takes a hybrid VC/PE approach to strategic investing across the real estate and construction technology landscapes. Rebuild Capital partners with our strategic LPs and deep bench of operating partners to provide portfolio companies with an ecosystem where they gain access to the guidance, relationships, customers and capital needed to succeed. Rebuild invests across the entire company lifecycle, from early-stage incubation to late-stage turnarounds, providing tailored capital solutions that match each portfolio company's unique growth trajectory and operational needs. For more information, please visit View original content to download multimedia: SOURCE VERO
Wales Online
08-05-2025
- Automotive
- Wales Online
Drivers urged to check for this symbol as vehicle's insurance could be invalidated
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Motorists have been urged to perform a quick check of their vehicle as they could be unwittingly driving with 'defective' tyres. An investigation by Auto Express revealed that some tyres categorised as 'part-worn' are being sold without the legally required markings to indicate they are second-hand. The study also discovered that in some instances, the used tyres were being sold without undergoing proper inspection and showing signs of significant internal damage. The motoring group cautioned that defective tyres can result in handling problems or blow-outs, which could put yourself or other road users at risk, and could render your insurance void. UK law mandates that a part-worn tyre must display a 'PART WORN' mark in uppercase letters at least 4mm high. This mark must be permanently and clearly applied to the tyre, excluding hot branding or any other form of cutting into it. Another requirement is that the part worn mark must be immediately adjacent to every approval mark (E-/e-mark) on the tyre. The legal obligation is outlined in the Motor Vehicle Tyres (Safety) Regulations 1994, under the Consumer Protection Act. Chris Rosamund, consumer editor at Auto Express, stated: "If anyone sells you a used tyre for use on the road, it is classed as a "part-worn" under the regulations, and therefore must be inspected and stamped." He issued a warning that your insurance could be invalidated as a consequence: "Your insurance could be invalidated if it could be proved that a tyre was defective and caused an accident. "Whether it was part-worn when sold to you would be purely incidental at that point. You could equally be driving on defective tyres that you damaged yourself." A recent TyreSafe investigation into dubious tyre sellers revealed that a shocking 94% of part-worn tyres were being sold illegally. Alarmingly, over six in 10 of these tyres were found to be dangerous, with Mr Rosamond highlighting the near absence of law enforcement in this area. He emphasised the critical nature of the issue, stating: "While you might not buy potentially dodgy used tyres, your life could be negatively impacted by someone else who has. It's time for the Government to step in." Auto Express has reached out to the Government, advocating for an officially endorsed accreditation system for tyre retailers to boost safety standards. The campaign also includes calls for enhanced enforcement and supervision, suggesting a role for the DVSA to support the already stretched local Trading Standards offices.
Yahoo
15-03-2025
- Sport
- Yahoo
Sage Hill's comeback falls short in state Division I title loss to Carondelet
The free-throw shooting during Friday's Division I girls' basketball state final at Golden 1 Center told the story of Sage Hill's 51-48 loss to Carondelet. The Lightning made just four of 14 free throws. "It's abnormal for us," coach Kerwin Walters said. For the lead. Sage Hill — eric sondheimer (@latsondheimer) March 15, 2025 Despite the calamity at the line, Sage Hill (23-12), a young team that started two freshmen, rallied behind the play of junior guard Amalia Holguin. Her two threes in the final 2 minutes 9 seconds, one past the NBA line, pulled Sage Hill within a point. Then her assist to Kamdyn Klamberg gave Sage Hill a 47-46 lead with 1:03 left. But Carondelet converted four free throws, then survived a Sage Hill three-point attempt to win. Holguin, a junior, finished with 21 points. She used to play on a club team created by Kobe Bryant. "He always wanted us to look into the mirror," she said after the loss. And she insisted the future is bright for Sage Hill. 4 of 14 from free-throw line for Sage Hill. Tough to overcome. — eric sondheimer (@latsondheimer) March 15, 2025 Carondelet (30-6), which has one of the best coaches in the state in Kelly Sopak, had eight players score with a balanced attack led by Celeste Alvarez, who had 11 points and 14 rebounds. "It was a tough game," Walters said. "I thought we had great effort. A lot of credit to Carondelet. They hit some timely shots." — eric sondheimer (@latsondheimer) March 14, 2025 Woodland Christian 47, Rosamond 41: Taking advantage of a 50-28 edge in rebounds, Woodland Christian held on for the first of 12 championships to be won this weekend. Teagan Hayes scored 18 points, Siena Sorbello had 17 rebounds and Bailee Broward has 12 rebounds. Ariel Cain led Rosamond with 14 points. Sign up for the L.A. Times SoCal high school sports newsletter to get scores, stories and a behind-the-scenes look at what makes prep sports so popular. This story originally appeared in Los Angeles Times.
Associated Press
04-03-2025
- Business
- Associated Press
Blue Owl Capital Hires Rosamond Price to Lead EMEA Private Wealth
Rosamond brings over twenty years of experience developing distribution networks and building partnerships across the wealth channel in Europe and the Middle East. NEW YORK, March 4, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ('Blue Owl') (NYSE: OWL), a leading alternative asset manager, announced today the hiring of Rosamond Price as a Managing Director and Head of Private Wealth EMEA. Rosamond will be based in Blue Owl's London office and report to Sean Connor, President & CEO of Global Private Wealth. Rosamond previously served as EMEA Region Head for Brookfield Oaktree Wealth Solutions. In this role, Rosamond oversaw all distribution partnerships, investment due diligence, commercial negotiations, investor relations and change management initiatives across EMEA partners. Prior to her role as EMEA Region Head, Rosamond was a Senior Vice President, Wealth & Family Office at Brookfield. She was responsible for developing Brookfield's partnerships with financial intermediaries and single-family offices across the U.K. and continental Europe. Prior to Brookfield, Rosamond spent 14 years at PIMCO most notably serving as Executive Vice President, Consultant Relations Group and Senior Vice President, Global Wealth Management. Sean Connor, President & CEO of Global Private Wealth at Blue Owl said: 'We are delighted to welcome Rosamond to Blue Owl. Her two decades of experience in building and scaling coverage of EMEA wealth advisors & managers, financial intermediaries and distribution platforms is integral to Blue Owl's global growth strategy for our private wealth business. Her appointment complements additional senior hires we've made across North America, Australia, Hong Kong, LatAm and Japan. Together, Blue Owl remains well positioned to expand and deepen our partnerships within the global private wealth channel. We look forward to continuing to serve as the partner of choice for the largest global wealth management platforms.' Rosamond Price, Head of Private Wealth EMEA at Blue Owl said: 'Blue Owl's wealth business is underpinned by a strong track-record of tailored product innovation, scaled global distribution platforms and exceptional client education. All of this has helped create an industry-leading wealth platform at one of the largest and fastest growing alternative asset managers. With the support of Sean and the global private wealth leadership team, I look forward to continuing to build and scale our partnerships across the region and to bring the breadth of Blue Owl's private markets expertise to the EMEA wealth channel.' Blue Owl is a global leader in bringing premiere private markets solutions to the private wealth channel. The firm employs an industry-leading team of over 140 dedicated professionals serving over 125,000 clients globally. About Blue Owl Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit Forward Looking Statements Certain statements made in this release are 'forward looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'estimates,' 'projected,' 'expects,' 'anticipates,' 'forecasts,' 'plans,' 'intends,' 'believes,' 'seeks,' 'may,' 'will,' 'would,' 'should,' 'future,' 'propose,' 'target,' 'goal,' 'objective,' 'outlook' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors. 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