(9. Founded in 2009 by Stephen Owens, a former Carlyle Group Inc dealmaker and Hootan Yaghoobzadeh, a Cerberus Capital Management veteran, Staples Street invests in companies in a range of sectors. ’s second-quarter. Hedge Fund Portfolio Manager Performance 23Q3 AUM # of Holdings Performance Rank Allocation ; BlackRock: BlackRock Inc-2. B. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. ($867. Staple Street Capital owns 75. 5 million. Updated July 14, 2021 11:12 am ET. 0% and the Net Multiple is 1. 93%) Vanguard Group, Inc. The co-founder of Staple Street is ALSO a… Show more . Staple Street Capital is a private equity firm that invests in middle market businesses where we can partner with motivated and proven management teams to create value. The big winner from Fox’s $787. Location New York, New York, United States. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. “Biden’s sister. Percentage Non-Profit 0%. " , Statista Inc. . Top Investor Types Micro VC , Hedge Fund , Fund Of Funds , Venture Capital , Private Equity Firm. middle market transactions. Mr. Andrew Hetzel is a Business Development at Staple Street Capital based in New York City, New York. Steve Owens is Managing Director/Co-Founder at Staple Street Capital. The Gateway Pundit writes: “On Oct 8, 2020, Staple Street Capital filed SEC Form D offerings and sales amount of. The company's share of the settlement with Fox. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. ) as the New York Hospital’s House of Relief, or as we say today, emergency room. Staple Street Capital, a private equity firm, owns a 76% stake in Dominion Voting Systems. Business Wire. S. Connect Conrad Russell New York, NY. Staple Street Capital Staple Street Capital invests in attractive middle market companies where we can partner with management to create value. 44%) Berkshire Hathaway, Inc (8. BlackRock is a top-ten holding of State Street's Financial Sector ETF (XLF). The sector has recently outperformed the market at large. S. S. 2% Expenses: 3. ”But more than half of that is represented by the three largest fund issuers: Vanguard, BlackRock (NYSE: BLK), and State Street (NYSE: STT). Biography. Cap ital. Private equity firm Staple Street Capital valued Dominion at $80 million when it purchased a controlling stake in it in 2018. Prior to joining Monomoy, Ben held several operating and CFO roles with Cerberus, Blackrock and Staple Street Capital. Hyslop was a Vice President at Cerberus Capital Management where he focused on private equity. 09B), BlackRock Inc. Staple Street Capital invests in attractive middle. In 2007, Mr. S. The amount is equivalent to 20 times the $38. Prior to Thayer Street, he was part of the investment team at a. I couldn’t find if Blackrock owned any stock it that corp. 5 Thousand shares of CISO Global Inc. BlackRock BlackRock Kelso Capital Blackstone Bloomberg Beta Blue Atlantic Capital Blue Equity Blue Wolf Capital Partners Bluefish Ventures Bradford Equities Management. Long ago, Dominion earned $44 million in 2012. April 18 (Reuters) – Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. In effect Vanguard and Blackrock forgo taking large fees in exchange for having enormous ability to exert power over the economy through influence on corporate boards and leadership. 208 South Akard Street Dallas Texas 75202 United States. 2 percent of Dominion. 3 million in 2018. The firm has $900 million in assets under management and invests in attractive middle-market companies with. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. The forecasts range from a low of $27. EDUCATION. It’s also important to note here that HSBC Toronto managed to secure 18 different Dominion patents that represent the technical. and throughout the workforce, and effective human capital management. 5 million settlement is a private equity firm that stands to make a 1,500% return. ($936. The company’s scalable and customizable platform holds. Stephen Owens is a Managing Director at Staple Street Capital based in New York City, New York. NEW YORK NY Private Equity Investment Advisor. 613. com . THE FACTS: More than two months after a presidential election that experts deemed secure, election technology firm Dominion. These shareholders include Vanguard, State Street (NYSE:STT) and Geode Capital Management. Prior to joining Staple Street Capital, Mr. Andre Ohnona is Principal at Staple Street Capital. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. On Jan. Take-private transactions. 2% stake in. DUBAI, UAE, March 20, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, has established an office in Dubai, expanding. Senator Warren and Representative Pocan, along with a number of their Democratic colleagues, introduced the Stop Wall Street Looting Act, a comprehensive bill to reform the private equity industry. The first, fronting on Hudson with its back facing the east side of Staple, was constructed in 1893 (Josiah Cady, arch. Ambassador to the EU and former chair of the FCC; Jon L. Hootan Yaghoobzadeh, co-founder of Staple Street Capital, during a news. About Staple Street Capital. 5 million settlement is equivalent to 20 times the amount it paid to acquire its controlling stake in Dominion in 2018. AP’S ASSESSMENT: False. The Vanguard Group is a mutual company. Prior to joining Staple Street Capital, Mr. Weinstein begun his career in investment banking at Scotiabank Global Banking. Prior to founding Staple Street Capital, Mr. 3 million in 2018, stands to make an astounding 1,500 percent return on that deal. view more. Staple Street Capital. Company Details. We invest in companies that are seeking to pursue untapped market opportunities, enter or exit markets, make acquisitions, reposition certain business lines and. Number of Non-profit Companies 1. 65%. Gender Male. S. Ben is a Senior Operating Executive at Monomoy and works with our portfolio companies on revenue growth and profit improvement. Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. 1% ownership. Investing 101. An. Stephen D Owens Managing Director and Founder. which is not the same as Dominion Voting Systems, a company privately held mostly by Staple Street Capital. 2 percent of Dominion. will have to overcome domestic political hurdles to put up $100 billion of extra capital. Little noted that getting close to half of a damage demand is a large recovery in any lawsuit. Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational. BlackRock Inc. BlackRock’s Long-Term Capital Market Assumption Disclosures:. 3 million the New York-based private equity firm paid in 2018 to acquire a 76. Staple Street Capital is a private equity firm that invests in middle market businesses where we can partner with motivated and proven management teams to create value. This power that is subject to little public awareness or accountability. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. The No. ’s custody that amount to about 2% of the Boston-based firm’s fee revenue, a State Street executive said Wednesday, a. Staple Street Capital isn't solely focused on companies that make voting machines. Find out the direct holders, institutional holders and mutual fund holders for State Street Corporation (STT). 5 million windfall after Fox Corp (FOXA. Dominion Voting Systems is a leading provider of election tabulation hardware and software solutions in the U. table shows the entity held in the first column (click any entity to explore other funds holding positions), the share. State Street Corporation (4. Hyslop was a Vice President at Cerberus Capital Management. G. Dominion is the ONLY provider in the market with fully-flexible and scalable election technology that can be customized for any jurisdiction. April 24, 2023 — 01:20 pm EDT. Staple Street Capital, a private equity firm based in New York, will acquire substantially all of the assets of Kansas City-based Mid-States Supply Co. ”This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. In a statement,. Staple Street Capital Ii-a is a large advisory firm with 4 clients and discretionary assets under management (AUM) of $956,019,697 (Form ADV from 2023-03-30). This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. April 18 (Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. Fox said in a legal filing that Staple Street paid $38. BlackRock Inc. Reorganizations / recapitalizations. Staple Street Capital and Dominion's management team acquired Dominion in 2018, according to a news release. EFFECTIVE DATE; SEC:40 East 52nd Street New York, NY 10022 BLACKROCK 2019 EVERGREEN PRIVATE OPPORTUNITIES CAYMAN MASTER LTD. 3 million in 2018, stands to make an astounding 1,500 percent return on that deal. Dynamic industries. “@RubiconTheJeep @DetRockCity13 I’m not the one who tweeted that Blackrock owns Dominion because he mixed up an energy company with the voting one, then when confronted mixed up Staple Street Capital with State Street. Chung worked at Bregal. But in an April letter responding to a request by the House Committee on Administration, Poulos said Dominion is 75. More details will be introduced later. Staple Street Capital typically seeks to invest $25 million - $125+ million of equity per transaction. 14%) State Street Corporation (4. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 0 shares of Fox Corporation - Class B (US:FOX). A. The forecasts range from a low of $27. Take a look. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$9. filed an SC 13G/A. Previously, Stephen was a Managing Director at The Carlyle Group and also held positions at Dominion Voting Systems, RAC Acceptance. The first person listed on the executive board page for Staple Street Capital is William E. "Dominion Voting Systems is not owned by BlackRock," a spokesperson said. The combined assets of BlackRock, Vanguard and State Street account for about 82% of the S&P 500’s market capitalization, about 25% of shares that voted in director elections at S&P 500. Mr. Our investment approach is guided by the following principles: Claim: BlackRock, a massive, multi-national investment group, owns both Fox News and Dominion Voting Systems. Shaun Fitzgibbon is a Managing Director at Staple Street Capital based in New York City, New York. 45% institutional shareholders, 2. At the end of each quarter, the General Partners report on the value of invested capital. Mark Di Stefano and Aaron. 69%. 30. The firm, Staple Street Capital, bought a controlling stake in Dominion for about $38 million, according to Reuters, Fortune and other media reports. In 2018, it invested $38mn to acquire a majority stake. Consumer Staples ETF seeks to track the investment results of an index composed of U. 3100. The co-founder of Staple Street is ALSO a… Show more . Poulos: We executed the transaction in mid-2018. Hyslop assists in the underwriting and due diligence of investment opportunities and works with portfolio companies to help drive performance improvement. Rashid received a B. 40%. 1 BlackRock derives the majority of its revenue from investment advisory and administrative fees charged to its clients. Capital, he was responsible for all key aspects of the investment process including due diligence, transaction structuring, financing, and portfolio company value creation. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. 65B), State Street Corp ($1. Overview. During his tenure at Carlyle, He co-founded the firm's Global Consumer & Retail Group, was a senior member of the firm's Global Communications & Media Group, and executed and oversaw. See Benjamin Humphreys's compensation, career history, education, & memberships. A. 26 Apr 2023 02:38:05Biography. #1. 7 billion, according to Forbes. Staple Street Capital | 859 followers on LinkedIn. Founded in 2009 by Stephen Owens, a former Carlyle Group dealmaker, and Hootan Yaghoobzadeh, a Cerberus Capital Management veteran, Staples Street invests in companies in a range of sectors. is pulling some $2 trillion of assets out of State Street Corp. They… Show more. On any given day, Jane Street will be holding about $50bn of securities, much more than many of its fleeter-footed rivals. REGISTRATION STATUS . He served as the U. O) settled a defamation lawsuit brought by the voting machine operator. +0. ($2. Its directors were listed as Hootan Yaghoobzadeh of Staple Street Capital, Stephen Owens, also of Staple Street, and Benjamin Humphreys. Staple Street Capital, which bought a majority stake in the voting machine maker for just $38. 42 trillion in assets under management as of June 30, 2023. ”RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. The Carlyle group is owned by Vanguard and Blackrock, and is known for recruiting ex-politicians such as George Bush and James Baker. Staple Street Capital | 827 followers on LinkedIn. BlackRock, Vanguard and State Street, or simply the ‘Big Three’, together manage 80–90 per cent of all assets under management in US passive equity funds (Fichtner et al. Owens was a Managing Director at The Carlyle Group where he was a member of the firm’s U. 56. April 19, 2023. Staple Street Capital is a private equity firm founded in 2009 based in New York. Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. 11-50 [1] Website. The co-founder of Staple Street is ALSO a… Show more . filed an SC 13G/A. P. Poulos, Dominion’s chief executive, retains a roughly 12 percent stake. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. 5 million to settle a lawsuit with Dominion Voting Systems alleging the network defamed it in 2020 election broadcasts. The Carlyle group is owned by Vanguard and Blackrock, and is known for recruiting ex-politicians such as George. Industry consolidations. Update (3/13, 5:37 PM ET): In response to the collapse, the FDIC created a new entity, making depositors and borrowers customers of Silicon Valley Bank, N. 49%: $3468835552000: 5376 During the previous two years, 961 institutional investors and hedge funds held shares of State Street. As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 9. Company Type For Profit. Find the BlackRock contact and office location nearest you today. " That's what Blackrock owns a part of. The co-founders of Staple Street Capital, Stephen D. 1% of net sales. Osler, Hoskin & Harcourt LLP represented Dominion Voting Systems with a team consisting of Chad Bayne, Justin. Though she shares the same surname as. on October 8, 2020. The most heavily invested institutionals were Vanguard Group Inc. 96B), Dodge & Cox ($1. Hootan Yaghoobzadeh, co-founder of Staple Street Capital, the private equity firm that owns Dominion Voting Systems, joins CNBC's Eamon Javers on 'Squawk Box' to discuss Fox's $787. 5 million. Dominion Voting was acquired by private equity company Staple Street,. On Saturday, Chris Krebs, the director of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency, urged Americans to stop spreading baseless claims that minor vote counting issues indicated fraud. Since 2011, though, Soros' investing activities have. 624. The payer of the $400 million was UBS Securities LLC, which is a subsidiary of Swiss investment bank UBS. 38M), Invesco Ltd. 5%, while State Street's. The co-founder of Staple Street is ALSO a… Show more . Fitzgibbon was responsible for all key aspects of the private equity investment process, including: origination, due diligence, transaction structuring, financing, and execution of post-closing growth and operational. The protesting may come too late, because BlackRock, Vanguard and State Street have. “I agree all these rats stink, but this meme is misleading as fuck. CB Rank (Hub) Cranfield School of Management Alumni Founded Companies . Securities and Exchange Commission (SEC) shows that UBS Securities LLC arranged a private placement of $400 million with Staple Street Capital III, L. Dominion voting is owned by its own management and Staple Street Capital. Benjamin Humphreys is Former Operating Partner at Staple Street Capital. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. The co-founder of Staple Street is ALSO a… 26 Apr 2023 13:23:49Svea Herbst-Bayliss. This false claim is based on two people sharing a common last name. STAPLE STREET CAPITAL ( CRD # 173785/SEC#:801-80588 ) STAPLE STREET CAPITAL, STAPLE STREET CAPITAL MANAGEMENT, L. Dominion Voting Systems is a separate company with different ownership, IE Staple Street Capital (76%) and John Poulos (12%). Staple Street Capital is a private equity firm that invests in middle-market businesses where we can partner with motivated and proven management teams to create value. THE VANGUARD GROUP, INC. 9/30/2023. let me clear this up. If The Vanguard Group does make a profit, this money is returned to investors as dividends. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. Staple Street Capital Star America Infrastructure Partners Star Mountain Capital Starling Ventures Starr Investment Holdings StarVest Partners2SV Capital LLC 2x Consumer Products Growth Partners 3 Rivers Capital, LLC 340 Partners, LLC 354 Partners LLC 4C Capital, LLC A&M Capital Advisors, LLC Acacia Partners, LLC Access Holdings Management Company LLC Acon Investments, L. Among BlackRock's major competitors are The Vanguard Group, State Street. The iShares U. . Ben is a Senior Operating Executive at Monomoy and works with our portfolio companies on revenue growth and profit improvement. Steve Owens is the Managing Director of Staple Street Capital. Prior to founding Staple Street Capital, he spent over a decade at The Carlyle Group, where he was a Managing Director in the firm's U. Dominions: Dominion Voting Systems is owned by Staple Street Capital. Syracuse, NY. Founded in 2009, Staple Street Capital is a private equity firm based in New York, New York. Please stick to cutting backdoor deals with the MCBOS. Shaun Fitzgibbon Principal. “@KaysEssie Dominion is owned by Staple Street Capital. Staple Street Capital is a private equity firm that invests in middle-market businesses where we can partner with motivated and proven management teams to create value. 7 million shares in Fox Corp. , filing October 5, 2020, Staple notified U. Dominion voting is owned by Staple street capital. Staple Street Capital is a private equity firm founded in 2009 based in New York. The private equity firm, which currently manages some $900 million, bought a majority stake in the company for just $38. let me clear this up. is pulling some $2 trillion of assets out of State Street Corp. ’s. By this structure, BlackRock’s income and shareholders are on the line via UBS’s securities with Staple Street Capital and Staple Street Capital’s 76% stake in Dominion Voting Systems. Staple Street Capital is currently investing out of a $265 million private equity fund where it typically seeks to invest $20 million - $75 million of equity per transaction to support initial. Managing Director/Co-Founder, Staple Street Capital. One of Wall Street’s most prominent names may be cashing out of his own company. Photo: Amir Hamja for The Wall Street Journal. BlackRock Investment Stewardship insights hub. If BlackRock were a country, it would be the third largest economy on the planet, after the United States and China. Previously, Rashid was a Director at Black Diamon d Capital Management and also held positions at Jefferies, Peachtree Christian Church. 17B), Ameriprise Financial Inc. Dominion is a tiny young company not even 1% the size of Fox, and it was sold to private equity investors Staple Street Capital for just about $ 40 million in 2018. In a shocking new revelation from Infowars and The Gateway Pundit, the company that owns Dominion Voting Systems — Staple Street Capital — reportedly received $400 million in October 2020 from the Chinese. Joining the board are William E. In a statement emailed to Lead Stories on April 25, 2023, a spokesperson for Dominion denied that the company is owned by BlackRock: This is false - Dominion is not owned by BlackRock--Dominion is owned by Staple Street Capital and its employees. They are not affiliated with BlackRock our Vanguard. 40 EDT. The firm last filed a Form D notice of exempt offering of securities on 2014-12-19. BlackRock-Backed Navigator Scraps US Corn Belt CO2 Pipe. , Ltd. Daniel Franklin Principal. 20%). Buyout team. Fox News settled Dominion's defamation lawsuit on Tuesday for $787. BlackRock TCP Capital can also be reached via phone at (310) 566-1000 and via email at [email protected]. Prior to joining Staple Street, Mr. 02 May 2023 03:39:18The Canada-founded and Denver-based company was acquired in mid-2018 by Staple Street Capital, a mid-market buyout firm co-founded by Carlyle Group and Cerberus vets. Management reinvigorated the culture, people, processes, and systems of the Company, transforming the business to have a leading position in a differentiated segment of the market, best-in. That would be a hedge fund investment. Sat 12 Oct 2019 07. In 2018, Dominion publicly announced it had been acquired by its management team and Staple Street Capital. The CEO of Staple Street Capital, (which owns Dominion Voting) Hootan Yaghoobzadeh is a veteran of the Carlyle group, the second largest private-equity firm. Dominion voting is owned by its own management and Staple Street Capital. , Citation 2017). BlackRock owned 11. ($867. Related Hubs. The co-founders Stephen D. Shaun received a Bachelor of Science degree , magna cum laude degree from Babson College and a M. We invest in companies that are seeking to pursue untapped market opportunities, enter or exit markets, make acquisitions,. Fund Flow Leaderboard. As of March 31, 2023, the since inception Net IRR is 11. 02. The private equity firm, which currently manages some $900 million, bought a majority stake in the company for just $38. , Olaya District, Riyadh 12213 – 8022, KSA, Tel: +966 11. 42 trillion in assets under management as of June 30, 2023. Better-than. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. Hootan Yaghoobzadeh is Managing Director/Co-Founder at Staple Street Capital. Buyout team. (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F. 8 million in 2018, just two years before the company was caught in the middle of the 2020 Presidential election, in. Just a heads up. "Total Assets under Management (Aum) of State Street Corporation from 4th Quarter 2010 to 4th Quarter 2022 (in Trillion U. Blackrock own 59m shares of "Dominion Energy". Description. . Acquisition Type Leveraged Buyout. Mr. “@catturd2 Dominion is owned by a private equity company called Staple Street Capital. 23M shares representing 12. ’s. Investment Stage Private Equity. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$9. +1. In 2018, it invested $38mn to acquire a majority stake. The official website of Staple Street Capital has deleted the team introduction. Poulos also said that he owns 12 percent of the company and that no other investor owns more than a 5 percent. . 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of Energy relative to other sectors. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. 8 million. Jobs. Bought 726. C. Mr. Capital International Investors now owns 4,584,843 shares of the company’s stock valued at $900,212,000 after acquiring an additional 2,453,830 shares in the last quarter. Kennard, who also sits on the Board of Directors for Ford Motor Company, MetLife, Duke Energy, and Staple Street Capital, the private equity firm that is the sole owner of Dominion Voting Systems,. “Dominion Voting Systems is not owned by BlackRock,” he said. ’s second-quarter profit rose 14% on new money. Dominion Voting Systems and Dominion Resources are two completely unrelated companies. The firm, Staple Street Capital, bought a controlling stake in Dominion for about $38 million, according to Reuters, Fortune and other media reports. In. G. Learn More on Rajneesh Vig's contact information. 09. State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income. “They obviously have a lot of smart technologists, but in their DNA. . 212. Austin Security and Investigation Solutions reportedly investigated the SEC filings of Staple Street Capital, which acquired Dominion Voting Systems in 2018, the Gateway Pundit noted on Tuesday. Fox said in a legal filing that Staple Street paid $38. Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. The big winner from Fox’s $787. The settlement was a huge windfall for New York-based Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems.