Latest news with #Whitespace
Yahoo
25-03-2025
- Business
- Yahoo
Preservation Capital to invest in CPRI broker Berry Palmer & Lyle
Private equity firm Preservation Capital Partners (PCP) has agreed to acquire a minority stake in UK-based insurer Berry Palmer & Lyle (BPL). The value and precise size of this stake remain undisclosed. BPL specialises in credit and political risk insurance (CPRI). In a statement, the company said the investment will support its presence as an independent, employee-owned company at the 'forefront' of the CPRI space. PCP managing partner Jatender Aujla will become part of the BPL board, while the existing leadership team will remain in place. Aujla said: 'We have been following BPL's market-leading performance over a number of years and have been impressed by its outstanding growth and unparalleled reputation. 'BPL has consistently demonstrated market leadership and an unwavering commitment to delivering value to its clients. Our investment underscores PCP's strategy of partnering with best-in-class businesses led by exceptional management teams, and we look forward to supporting BPL's next phase of growth.' The deal is due to be completed in the fourth quarter of 2025 (Q4 2025), contingent on regulatory approvals and other standard closing conditions. With the support of the PCP network, and experience as specialist investors in financial services, BPL aims for continued growth, the company added. BPL founder Charles Berry said: 'BPL only became fully employee-owned around a decade after it was founded, when the PRI market was still embryonic. Now the CPRI market has matured, with a clear direction and growth trajectory, it is time to revert to our origins by partnering with external minority shareholders, while retaining majority employee-ownership and our specialisation. 'But PCP doesn't just offer us financial firepower – it also lends us the skillsets of an exceptionally dynamic group of banking and strategic operational experts. I have no doubt that we have found the best fit for BPL – a continuation of the business we built, while enabling it to aim higher and unlock the type of opportunities that our team deserves.' In June 2024, BPL partnered with Allianz Trade to introduce an application programming interface (API)-powered enquiry system. This system, developed for use on the Whitespace digital trading platform, aims to enhance the efficiency of data sharing between underwriters and brokers. "Preservation Capital to invest in CPRI broker Berry Palmer & Lyle " was originally created and published by Life Insurance 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. Sign in to access your portfolio
Yahoo
22-03-2025
- Entertainment
- Yahoo
Nina Dobrev Is ‘Really Proud' of Fiancé Shaun White Following His Brand Whitespace's Fashion Week Debut (Exclusive)
Nina Dobrev is supporting her fiancé Shaun White as he makes his first foray into the world of high fashion! Speaking exclusively with PEOPLE, the actress, 36, opened up about the moment her Olympian fiancé, 38, debuted his brand Whitespace's first high-fashion collaboration with Moncler Grenoble at its fall/winter 2024 show in Switzerland on Feb. 3, 2024, for Fashion Week. "It was really exciting. I'm really proud of him," the Vampire Diaries alum says, speaking with PEOPLE for her partnership with SC Johnson for the Join Zuzu campaign to spread awareness about the dangers of plastic waste and importance of recycling. "I mean, to have such a gorgeous collection and collaboration with such an established company like Moncler and have Whitespace work with them and see it on the runway with all these top models carrying the boards was very surreal for all of us and really exciting," Dobrev adds. Related: Nina Dobrev Returned to a Favorite Indonesian Beach for a Birthday Trip. What She Saw Left Her 'Truly Stunned' (Exclusive) View this post on Instagram A post shared by Shaun White (@shaunwhite) White — who popped the question to Dobrev in New York City in late October — founded his snowboarding gear brand in 2022, and the company's collab with Moncler marked one of its first ventures into the world of high fashion. "Moncler is a very unique brand, and they always do some type of experience, so they didn't disappoint," the Olympic gold medalist told Esquire in February 2024 of the Switzerland fashion show just days prior. "Obviously the clothes were amazing, and it was especially amazing to see somebody take on this technical space and add the fashionable component to it. It's about time." "I had been in talks with Moncler since the pandemic, and we finally found ourselves in a position where I was making really great snowboards, and they wanted to get into more technical outerwear with the Grenoble line. It's a perfect symmetry because Whitespace definitely aligns with Moncler's fashion-meets-function ideals," he added to the outlet. "I feel like we could give them some credibility in the performance space, and they could give us some cool cred in the fashion world." White has continued to work with Moncler, and he and Dobrev attended the brand's latest show in Switzerland on March 15. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Elsewhere in her conversation with PEOPLE, Dobrev spoke about advocating for ocean cleanup through SC Johnson's latest campaign — and detailed a vacation she took with White, her longtime BFF Julianne Hough and her The Out-Laws costar Adam Devine — for her 34th birthday two years ago that left her aghast. "We went on a trip for my birthday to Indonesia, and I had already been to this specific place and I loved it so much that I wanted to bring my friends back there. And when I went back, I was truly stunned in a horrible way at how much the same beach that I'd visited previously — there was no beach left," she recalls. "As soon as I heard about this initiative that SC Johnson is doing, it made me really happy and inspired and I wanted to get involved right away," she says of their advocacy campaign, which uses a video of Zuzu the hermit crab to spur action. "I feel like that's why so many people can't get on board is because it's sort of out of sight, out of mind. You don't really see it, but you see it in this film and it really holds you accountable to do something, I think," she adds. Related: Shaun White Shares Behind-the-Scenes Glimpse of Emotional Proposal to Nina Dobrev: 'Still Floating After This Night' Dobrev and White began dating in 2019 and made their romance official in April 2020 with a hilarious Instagram video. The Olympic snowboarder first revealed their engagement in an interview with Vogue, and the couple shared the happy news on Instagram soon after, with White posting a series of photos and the caption: "She said YES." Dobrev shared the same photos, captioning her post, "RIP boyfriend, hello fiancé." Read the original article on People
