Cross Ocean Partners Closes its First US Special Situations Fund at $605 Million; Total Capital Commitments Across the Strategy Grow to $885 Million

GREENWICH, Conn., Oct. 09, 2018 (GLOBE NEWSWIRE) — Cross Ocean Partners, a global asset management firm, announced the successful final closing of Cross Ocean USSS Fund I (A), its US Special Situations (“USSS”) credit fund, on June 29, 2018.  The fund closed with total aggregate committed capital of c. $605 million, which brings aggregate capital […]

Cross Ocean Partners Closes its First Aviation Fund at $438 Million

GREENWICH, Conn., Oct. 09, 2018 (GLOBE NEWSWIRE) — Cross Ocean Partners, a global asset management firm, announced the successful final closing of Cross Ocean Aviation Fund I on August 20, 2018, with total aggregate committed capital of c. $438 million. The Aviation Fund attracted a diverse investor base which includes private pension plans, insurance companies, […]

Mattson Achieves Key Milestone With Products Installed Across All Top Ten IC Manufacturers

FREMONT, Calif., Oct. 09, 2018 (GLOBE NEWSWIRE) — Mattson Technology, a supplier of wafer fabrication equipment, has achieved a significant milestone in its growth.  Shipments of Mattson’s Dry Strip, Plasma Etch and Rapid Thermal Processing equipment have now become part of volume production fabs for all top ten manufacturers of integrated circuits. The top ten […]

Seaborn’s Seabras-1 Celebrates First Anniversary of RFS

Redefining Quality of Service in the Submarine Cable Industry BOSTON, Oct. 09, 2018 (GLOBE NEWSWIRE) — Seaborn Networks (“Seaborn”), a leading developer-owner-operator of submarine fiber optic cable systems, is pleased to celebrate the first year anniversary of its US-Brazil Seabras-1 ready-for-service date. Since September 2017, the company has successfully redefined the definition of Quality of […]

Rapyd’s Holistic Global FinTech Capabilities Surge

Worldwide Growth Boosts Clients’ and Partners’ Access to New Markets LONDON, Oct. 09, 2018 (GLOBE NEWSWIRE) — Rapyd, a leading fintech platform bringing ubiquity and integration to global digital commerce, today announces new partnerships and client relationships that extend the reach and impact of its worldwide network. By building a global “network of networks” that […]

Sundance Energy Provides October 2018 Operational Update

DENVER, Oct. 08, 2018 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today provided an update regarding the Company’s recent development activities. Production Sundance’s sales volume for the month of […]

Business Booming in Vietnam

HO CHI MINH CITY Foreign companies have been flocking to Vietnam.Earlier this year, one of the world’s biggest private equity firms Warburg Pincus added banking and logistics to its Vietnam portfolio, pushing its total investment into the country ove…