LOS ANGELES – (BUSINESS WIRE) – Dec. October 2021–

Prometheus Alternative Investments is excited to attend the SohnX San Francisco Investment Conference 2021 on October 27th from 12:00 PM to 3:00 PM PDT. The virtual event concludes with a fireside chat with Prometheus correspondent Amelia Martyn-Hemphill and keynote speaker Lee S. Ainslie III, founder and manager partner of Maverick Capital.

“Our media team is excited to share insights and stories from investment professionals with everyone on Prometheus. Thanks to the Sohn Conference Foundation for the opportunity to have an in-depth conversation with hedge fund legend Lee Ainslie, ”said Martyn-Hemphill, a journalist and filmmaker whose résumé includes BBC News, Bloomberg TV and Jim Cramers TheStreet.com.

Prometheus Founder and CEO Michael Wang added, “Prometheus is all about access, access to expert ideas, access to industry insider conversations, access to financial literacy and direct access to alternative fund investments through a streamlined platform. We are honored to work with the Excellence in Investing Foundation and the Son San Francisco Investment Conference to improve access and support the critical community and educational work of Community Education Partners, Bridge the Gap College Prep and 826 Valencia. “

ABOUT THE EXCELLENCE IN INVESTING FOUNDATION

The 12th annual Son San Francisco Investment Conference is hosted by the Excellence in Investing Foundation. The conference is the Bay Area’s premier investor event bringing together highly successful portfolio managers, private investors and asset allocators of all levels to learn from the insights and expertise of highly successful portfolio managers and has raised more than $ 2 million. Conference proceeds will support organizations in the Bay Area that are focused on improving educational opportunities and life outcomes for underserved youth. For more details and conference updates, please visit excellencesf.org.

ABOUT THE SON CONFERENCE FOUNDATION

Since 1995, the Sohn Conference has brought together the industry’s brightest finance professionals, where investors donate their time and present their “best investment ideas”. The Sohn Conference Foundation honors the memory of Ira Sohn, a talented Wall Street professional whose life came to an end when he died of cancer at the age of 29. Ira’s friends and family founded the Sohn Conference Foundation in New York City. Since then, investment managers from around the world have been inspired to create partner-son conferences and unite the financial community to support multiple charitable causes. The Sohn San Francisco Investment Conference is hosted by the Excellence in Investing in Children’s Causes Foundation (EICC), an independent 501C3 based in San Francisco.

About Prometheus Alts

Prometheus was founded by hedge fund experts looking to modernize their archaic industry and share their insights from years of analyzing and managing alternative funds. Understanding that this type of long-term investment relies on relationship building, CEO Michael Wang combined the idea of ​​a social network with a marketplace for alternative funds. Although old laws limit the ability to invest in these funds to accredited investors, the social network is opening the knowledge base to everyone … until the time comes when we modernize the laws and have free access to some of the best assets in the world can create for everyone.

Disclosure: https://prometheusalts.com/disclosures.html

View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005933/en/

CONTACT: Michael Wang

CEO Prometheus Alternative Investments

michael@prometheusalts.com

(917) 446-5313 Adam Straus

SonX San Francisco

adam@strausevents.com

(415) 377-2327

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES PHILANTHROPY COMMUNICATION SOCIAL MEDIA FINANCE FOUNDATION

SOURCE: Prometheus Alternative Investments

Copyright Business Wire 2021.

PUB: 10/21/2021 1:37 PM / DISC: 10/21/2021 1:37 PM

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Copyright Business Wire 2021.

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SAN FRANCISCO, June 22, 2021 / PRNewswire / – Veritas Investments, based in San Francisco, one of the largest managers of apartment buildings in San Francisco, announced today that it has been voluntarily extended to December 31, 2021 a moratorium on evictions to help residents in financial distress due to the COVID-19 pandemic. State and local moratoriums are currently expiring June 30, 2021.

“Veritas is committed to keeping residents safe and secure during this unprecedented crisis,” said Jeff Jerden, COO of Veritas. “No resident of a Veritas-managed property will be evicted because they owe an additional rent due to COVID-19 if they meet the state’s SB 91 definition of financial hardship. We have heard from our residents and the upcoming The end of the eviction moratorium of the state in connection with the slow release of rent reductions is a big concern for them. Through personal discussions and thorough and repeated contact with our Veritas residents, we have urged everyone to agree apply. ”

Veritas had announced it March 2020 that it is the nation’s first eviction moratorium before legislation is passed by the City of San Francisco which later brought all landlords and property managers under similar management.

With the local and state moratoria that have been introduced since then, which will expire June 30th, Veritas has urged residents to be proactive in applying for rental facilities to which they are entitled, even if local and state officials have recognized that there is no financial facility for the beneficiaries.

As reported by the Associated Press, “California was slow to distribute funds “after he $ 490 million for rent subsidy applications 31. May, only with $ 32 million paid out. Just over 2% of people in California those who applied for a rental discount during the pandemic received it while the state was accumulating $ 5.2 billion federal aid packages to aid those whose economic difficulties related to COVID-19 prevented them from paying rent. “It should be enough to get the job done” Jason Elliott, Senior Advisor to Gov. Gavin Newsomsaid AP. “The move would fulfill a promise to landlords to help them achieve profitability while also providing relief to tenants,” said AP.

Veritas has already provided tens of millions of dollars in rental benefits to residents, worked with and contacted directly those seeking help.

“We will continue to support San Francisco Residents through a variety of programs that Veritas is currently participating in or initiating, including the Open Doors program, which provides free furnished apartments to victims of domestic violence, forest fire survivors, and cancer patients; the Home Bridge program, which helps families find help in a time of crisis, emergency, or unforeseen circumstances through partnerships with Ronald McDonald House Charities and UCSF; and through our partnerships with Project Open Hand, HealthRight 360, Self-Help for the Elderly, and other programs, “added Jerden.

About Veritas Investments

San FranciscoVeritas, based in 2007, founded in 2007, is one of the largest managers of apartment buildings, urban retail and mixed-use properties in California. Veritas oversees assets of more than $ 3.5 billion including more than 7,000 apartments and commercial space. The vertically integrated company offers real estate management, leasing, project management, redevelopment, accounting, asset management, financing and investment management. More information is available at www.veritasinvestments.com.

Links / resources:

https://www.yahoo.com/news/california-pay-off-unpaid-rent-173214035.html

https://www.veritasinvestments.com/news/veritas-investments-announces-voluntary-extension-of-its-programs-to-keep-residents-in-their-homes/

SOURCE Veritas Investments Inc

similar links

www.veritasinvestments.com

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Reports published in Market Research Inc. The Home Services Management Software market is split into multiple pages providing the latest industry data as well as future market trends so that products and end users can drive sales growth and profitability. Industry reports list and examine key competitors and provide strategic industry analysis of the key factors influencing market dynamics. This report starts with an overview of the Home Services Management Software market and is available throughout its development. It provides a comprehensive analysis of all regional and major player segments, providing insights into current market conditions and future market opportunities as well as drivers, trend segments, consumer behavior, price factors and market performance, as well as estimates over the forecast period.

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Chapter 1: Industry Overview
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Today’s investment management company announced to its clients that its CFO is leaving and announced changes to the board of directors that would support a new division announced last month to invest in minority companies and create others.

The San Francisco office, due to open later this year, facing the Golden Gate Bridge from the famous Presidio, will be Ariel’s third. Rogers said the company, which manages $ 17 billion, already has about half a dozen employees in California.

In its announcement to customers, Ariel said that after 16 years with the company, 42-year-old CFO Maureen Longoria will be leaving in late June to “explore new opportunities.” It added, “The happy work at her Wisconsin home during the pandemic made her rethink her return to Chicago full time.”

She could not be reached immediately for comment.

Also in the middle of the year, David Maley, whom the note describes as “a clever and thoughtful investor who had the courage of his convictions in one of the most difficult periods”, leaves. Its micro and small cap “deep value” portfolios were said to have recovered “after a brutal period for the smallest and most undervalued companies”.

He could not be reached immediately for comment.

At the board level, Ariel announced that veteran Chicago banker David Vitale will be leaving after more than 30 years to coordinate joint services between the company and startup Ariel Alternatives and its Project Black initiative.

Vitale, former First Chicago executive and vice chairman of Bank One, will remain an advisor to Ariel’s Operations Committee.

Another director, Leslie Brun, will step down from the board to become chairman and CEO of Ariel Alternatives. He has private equity expertise and experience as a director of a public company, said Ariel.

According to Rogers, Ariel Alternatives, backed by JP Morgan Chase, is hoping to raise more than $ 2 billion to invest in businesses owned by Black and Latinx companies and other companies that are candidates for such status. The aim is to connect the companies with larger companies in order to diversify their supplier base. So far, Chase has tied up $ 200 million.

Hobson and Lucas have three homes in California, including one in Bel-Air, which Ross Perot bought for $ 33.9 million in 2017. Ariel’s California-based employees include Jennifer DiGrazia, who leads institutional client and investor relations and who rejoined the company in 2019 after working at DreamWorks Animation and MGM Studios.

The Lucas Museum of Narrative Art is slated to open in downtown Los Angeles next year after a plan for construction in Chicago was abandoned in 2016 because of objections to a proposed lakefront location.

Ariel’s other office outside of Chicago in New York will host Project Black and increase the workforce by 10 to about 30, Rogers said.

The retiring Ariel directors will be replaced by Fazal Merchant, a former CFO of DreamWorks, and Anthony Romero, executive director of the American Civil Liberties Union.

Also retiring from the board is Vice Chairman Charles Bobrinskoy, a move that Ariel said was aimed at reducing the number of company insiders on a nine-member board and making Rogers and Hobson the company’s only executives.

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