January 21, 2022

ACT−Accelerator partnership

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ACT−Accelerator partnership welcomes leadership and commitments at US COVID Summit to ending COVID−19 pandemic through equitable access to tests, treatments, and vaccines President Biden and global leaders agreed ambitious targets, aligned with the ACT-Accelerator, to end the COVID-19 pandemic Collective accountability for world leaders, industry and partners emphasized, as global response now turns to implementation […]

Afya Foundation, JetBlue and OECS collaborate to bring aid to Saint Vincent and the Grenadines

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Over USD $200,000 in relief items will be delivered to the volcano-damaged island Monday, April 26, 2021 — The Afya Foundation, JetBlue and the Commission of the Organisation of Eastern Caribbean States (OECS) are working together to deliver much-needed relief supplies to the people of Saint Vincent and the Grenadines. The first in a series of […]

Clarien Bank receives $12.6m cash injection

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By Jonathan Kent, Business Editor From Royal Gazette Clarien Bank is to receive a cash injection of $12.6 million from its sole shareholder Edmund Gibbons Ltd and a Canadian private-equity firm. The investment will enable Clarien to exceed the tougher capital regulatory requirements of the Basel III standard being adopted by Bermuda and will help […]

Portland equity firm raises $1.5b locally for Fund II

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By Steven Jackson From Jamaica Gleaner Portland Private Equity (PPE) recently raised $1.5 billion from two dozen pension funds and financial institutions for its Caribbean Fund II, according to partner Mariame McIntosh Robinson, who led the complex transaction. The deal has regional investment implications. PPE, chaired by business mogul Michael Lee-Chin, raised the funds in […]