96% retail investors. (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. Private Equity Senior Associate at Staple Street Capital New York City Metropolitan Area. In 2018, Dominion was acquired by its management and Staple Street Capital, a private equity firm and spinn off of BlackRock!! A Soros firm. Staple Street was founded in 2010 by Hootan Yaghoobzadeh and Stephen Owens. 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. Managing Director at Staple Street Capital. Company Details. Staple Street owns Dominion and is a relatively small private equity company, who has not raised capital or had substantial new investors since 2014/2015 of about $200 million. The firm last filed a Form D notice of exempt offering of securities on 2014-12-19. "Total Assets under Management (Aum) of State Street Corporation from 4th Quarter 2010 to 4th Quarter 2022 (in Trillion U. The iShares U. Staple Street Capital, a private equity firm, owns a 76% stake in Dominion Voting Systems. 6% and 10% of Fox Class A shares in 2021 and 2020 respectively according to filings from Fintel. Shaun Fitzgibbon Principal. Fees as stated in the prospectus Expense Ratio: 0. Hub Name . The Vanguard Group is a mutual company. Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding Ukraine, Kyiv announced Wednesday following a meeting between the two men. John Poulos, the CEO of. Managing Director of BlackRock Group Ltd and Managing Director/Partner . ($1. BlackRock's. The receiver of the payment was Staple Street Capital, which previously bought Dominion Voting Systems in 2018. Owens and Hootan Yaghoobzadeh, are veterans of The Carlyle Group and Cerberus Capital Management,. 16%) AbbVie: Health Care: 191. 31, BlackRock Inc. BlackRock, Inc. Prior to joining Staple Street Capital, Mr. 4 trillion U. Dec 9, 2021. Regions Greater New York Area, East Coast, Northeastern US. Mr. is pulling some $2 trillion of assets out of State Street Corp. Fund expenses, including. 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. 69%. Source: Bloomberg. S. 65B), State Street Corp ($1. 3100. Apr 25, 2023. BlackRock has 45. “@KaysEssie Dominion is owned by Staple Street Capital. A. In 2011, Miami-based private equity firm HIG Capital,. 1 Day NAV Change as of Nov 17, 2023 -0. BlackRock. Paul Pelosi and House Speaker Nancy Pelosi in 2021. 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, was appointed Chairman of AT&T’s Board of Directors on Nov. 8 million in 2018, just two years before the company was caught in the middle of the 2020 Presidential election, in. CB Rank (Hub) Cranfield School of Management Alumni Founded Companies . The hospital had been established in 1771. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. Before she joined BlackRock in 2014, Valentine Andrews was the co-head and operating chief for Morgan Stanley's infrastructure platform. 96B), Dodge & Cox ($1. The co-founder of Staple Street is ALSO a… Show more . BlackRock’s Long-Term Capital Market Assumption Disclosures:. S. 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. SEC / JURISDICTION. Staple Street Capital is a New-York based private equity firm that invests in middle-market businesses. This false claim is based on two people sharing a common last name. The co-founder of Staple Street is ALSO a… Show more . 20%). 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. 26 Apr 2023 11:04:26RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. , Citation 2017). Staple Street Capital typically seeks to invest $25 million - $125+ million of equity per transaction. A Staple Street Capital portfolio company, Dominion was the victim of a disinformation campaign in which Fox News and other parties spread damaging lies about the Company. , Ltd. Number of For-Profit Companies 265. 5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. 82 billion. You are conflating Dominion Energy with Dominion Voting. S. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. Staple Street Capital is a private equity firm founded in 2009 based in New York. Why? Because he is the most powerful person on Wall Street. Prior to founding Staple Street Capital, Mr. Staple Street Capital | 802 followers on LinkedIn. “@RealMickFields @FannKfann BlackRock owns STATE STREET not Staple Street. Gender Male. Staple Street Capital invests in attractive middle market companies where we can partner with management to create value. At Staple Street Capital we help companies navigate change and capitalize on new opportunities to build stronger, more valuable businesses. 00 EDT Last modified on Sat 12 Oct 2019 14. Fees as stated in the prospectus Expense Ratio: 0. In 2018, Dominion was acquired by its management and Staple Street Capital, a private equity firm and spinn off of BlackRock!! A Soros firm. The official website of Staple Street Capital has deleted the team introduction. Since 2018, it has had the same majority owner: Staple Street Capital. Claim: China Bought Dominion Voting Systems for $400 million in October 2020. Managing Director/Co-Founder, Staple Street Capital. The co-founder of Staple Street is ALSO a Carlyle alumni. Weinstein begun his career in investment banking at Scotiabank Global Banking. Updated July 14, 2021 11:12 am ET. 5 million. ”Phil Taub is Snr Associate:Investment at Staple Street Capital. I don't know what involvement Blackrock has in either, but I don't think they own both company's. Staple Street Capital LLC. The firm seeks to invest in automotive, business services, chemicals, communications, media, technology, consumer & retail, distribution & logistics, energy, healthcare, industrial & manufacturing, and financial services sectors. Investing 101. In March 2010, the Department of Justice filed a civil antitrust lawsuit against ES&S, requiring it to divest voting equipment systems assets it acquired from Premier Election Solutions in order to restore competition. Better-than. Staple Street Capital invests in attractive middle. and Advisory Company. 9%). Mid-States also provides value-added modification services, customizing values and other products to meet specific customer requirements. The co-founder of Staple Street is ALSO a Carlyle alumni. Fox News detractors wanted Dominion's lawsuit against Fox News to move forward for democracy. Prior to joining Monomoy, Ben held several operating and CFO roles with Cerberus, Blackrock and Staple Street Capital. Learn More. S. Business Wire. -based Mid-States Supply recently had substantially all its assets acquired by Staple Street Capital, a leading middle-market private equity firm. The partners at Staple Street Capital added, “We are proud of the Mid States team and all that they have accomplished during our ownership. 3 million in 2018. 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. The firm has no operations in voting technology. BlackRock, Inc. 8 million. Consumer Staples ETF seeks to track the investment results of an index composed of U. 1% ownership. 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). BlackRock owned 11. 7 million shares in Fox Corp. 2% stake in Dominion. 42 trillion in assets under management as of June 30, 2023. #1. 30. 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. 40%) NAV Total Return as of 13/Nov/2023 YTD: -2. BlackRock Inc, es. THE VANGUARD GROUP, INC. 04 Oct, 2022, 11:57 ET. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. Fox News settled Dominion's defamation lawsuit on Tuesday for $787. Claim: BlackRock, a massive, multi-national investment group, owns both Fox News and Dominion Voting Systems. Fund expenses, including management. 2% stake in. Mid-States Supply Company (recapitalization, exited) Mid-States is a leading distributor of pipes, valves and fittings serving the oil and gas, general manufacturing, food and mechanical construction industries. Staple Street Capital invests in attractive middle market companies where we welcome complex solutions and can partner with management to create value. Find out the direct holders, institutional holders and mutual fund holders for State Street Corporation (STT). Primary Organization. As of March 31, 2023, the since inception Net IRR is 11. A n executive board member of Staple Street Capital, William Earl Kennard, is a former ambassador to the EU who was appointed to that position by former President Barack Obama. Staple Street Capital is a private equity firm founded in 2009 based in New York. Founded in 2009, Staple Street Capital is a private equity firm based in New York, New York. Take a look. Percentage of Public Organizations 33%. The March banking crisis did little to temper profits at Wall Street giants last quarter. Location New York, New York, United States. Industry consolidations. A Facebook video claims that "Hugo Chavez’s family still owns" Dominion Voting Systems. " Regulatory filings (archived here) show BlackRock does have a stake in Dominion Energy, a power company based in the US state of Virginia. Hootan Yaghoobzadeh is a Co-Founder & Managing Director at Staple Street Capital based in New York City, New York. 28 (-0. 3 million the New York-based private. State Street: 1,604,569 shares, or 2. Blackrock’s revenue grew 32% to $4. - investment management (16. See Benjamin Humphreys's compensation, career history, education, & memberships. Hyslop was a Vice President at Cerberus Capital Management. Hootan Yaghoobzadeh is Managing Director/Co-Founder at Staple Street Capital. 2940(Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. 2 percent of Dominion. He attended Harvard Business School. Sat 12 Oct 2019 07. The private equity firm, which currently manages some $900 million, bought a majority stake in the company for just $38. Prior to founding BlackRock in 1988, Mr. C. com. Blackrock owns part of an energy company. 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. 7 billion, according to Forbes. I want to learn more about BlackRock. Staple Street Capital. 26 Apr 2023 05:07:01Read on to learn how State Street Corp and BlackRock Inc compare based on key financial metrics to determine which better meets your investment needs. Jack Eichner, a spokesperson for Dominion Voting Systems, also said the claim is baseless. 2 percent of Dominion Voting Systems, Dominion CEO John Poulos said in a letter responding to a request from the House Committee on Administration, according to The Associated Press. Lead Stories reached out to BlackRock, and spokesman Christopher Berger responded by email on April. Staple Street Capital Ii-a is based out of New York. 09B), BlackRock Inc. Previously, Hootan was a Senior Vice President at Cerberus Capital Management. 5 million to settle a lawsuit with Dominion Voting Systems alleging the network defamed it in 2020 election broadcasts. The co-founder of Staple Street is ALSO a… Show more . Samantha Lee/Insider. In a statement,. to be as follows, presented in the table below with each row detailing each BlackRock Inc. Andrew received a High School Diploma degree from Seton Hall Preparatory School and a Bachelor of Arts from. A. 8 million. 82 billion. Hootan Yaghoobzadeh Managing Director and Co-Founder. ”NEW YORK, June 26, 2023--Staple Street Capital ("Staple Street Capital" or "SSC"), a leading middle-market private equity firm with approximately $900 million of capital under management, is. The private equity firm, which currently manages some $900 million, bought a majority stake in the company for just $38. 1% of Soros' total portfolio, the top 10 holdings for Berkshire Hathaway, including stocks owned by its subsidiary New England Capital Management, comprise a whopping 87. Steve Kavulich, Director at BlackRock, added, "Jim and his senior team have done an excellent job of building South Street over nearly two decades and we're excited to partner with him as he. 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. 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. Staple Street looks to invest up to $75 million per transaction and will consider opportunities in the business services, chemicals, communications, media, software, consumer, retail, distribution, energy, financial. 2%. Links to the BlackRock and Vanguard voting policies for 2022 are below. 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). Prior to Thayer Street, he was part of the investment team at a. He is responsible for evaluating investment opportunities, performing due diligence and working with our management teams to create value. About Staple Street Capital. companies choose to make on environmental and social. Please note iShares MSCI World Consumer Staples Sector UCITS ETF has an upcoming EGM pertaining to a benchmark change - please click on this link for. Photo: Amir Hamja for The Wall Street Journal. The co-founder of Staple Street is ALSO a… Show more . He is responsible for evaluating investment opportunities, performing due diligence and working with our management teams to create value. 28 (-0. Staple Street Capital is a private equity firm that invests in market-leading businesses, where it can provide the strategic oversight, financial resources and access. U. let me clear this up. I. +. Prior to founding Staple Street Capital, Mr. Four different pre-election valuations of Dominion in. Percentage Acquired 17%. 2% stake in Dominion Voting Systems in 2018 for $38. Staple Street Capital and Dominion's management team acquired Dominion in 2018, according to a news release. Inside the private equity firm taking on the Murdochs. Ambassador to the EU and former chair of the FCC; Jon L. 1 shareholder of Coca-Cola is Berkshire Hathaway Inc. He is the chairman and CEO of BlackRock, the largest money-management firm in the world, with more than $9 trillion in assets under management. S. The firm was founded in 2009 by Stephen D. Learn More on Rajneesh Vig's contact information. " Regulatory filings (archived here ) show BlackRock does have a stake in Dominion Energy, a power company based in the US state of Virginia. The Vanguard Group is a mutual company. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. LinkedIn View on LinkedIn. +0. The co-founder of Staple Street is ALSO a Carlyle alumni. The table below reflects the performance of all active PE partnership investments as of March 31, 2023. S. The biggest winner from Fox News' $787. He is responsible for identifying and evaluating investment opportunities, performing due diligence and working with our management teams to create value. Becker was a Principal at Thayer Street Partners where he focused on making private equity, growth equity, and structured debt investments in financial services and business services companies that are primarily technology-enabled. Kevin Siedenburg is a Head of Business Development, Managing Director at Staple Street Capital based in New York City, New York. It appears that, instead, UBS Securities LLC was buying a partnership interest in Staple Street Capital. com. The payer of the $400 million was UBS Securities LLC, which is a subsidiary of Swiss investment bank UBS. 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. The big winner from Fox’s $787. 38M), Invesco Ltd. 5 million settlement. Log in. . (doing business as BLK) is an American multinational investment company based in New York City. In. Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. Vanguard Group Inc's State Street shares are currently valued at $2. The United States accounts for 55. April 18 (Reuters) - Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787. 6% and 10% of Fox Class A shares in 2021 and 2020 respectively according to filings from Fintel. O) settled a defamation lawsuit brought by the voting machine operator. ’s. The settlement came just as opening. Boyd was an Associate at Stella Point Capital, where he focused on making middle market private equity investments across. Staple Street closed its most recent pool, Fund III, in 2020 on $520 million, Buyouts reported at the time. Staple Street Capital | 859 followers on LinkedIn. 5 million settlement is a private equity firm that stands to make a 1,500% return. Staple Street Capital, majority owner of Dominion Voting Systems, backed a high-stakes defamation lawsuit against Fox that produced a $787. "It is owned by Staple Street Capital and its employees. , representing 15. The Carlyle group is owned by Vanguard and Blackrock, and is known for recruiting ex-politicians such as George Bush and James. Connect Brandon Amtzis Associate at Staple Street Capital. O) settled a defamation lawsuit brought by the voting machine operator. (doing business as BLK) is an American multinational investment company based in New York City. Learn More. EDUCATION. Capital, he was responsible for all key aspects of the investment process including due diligence, transaction structuring, financing, and portfolio company value creation. Location. They are not affiliated with BlackRock our Vanguard. The co-founder of Staple Street is ALSO a… Show more . Steve Owens is the Managing Director of Staple Street Capital. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. Its directors were listed as Hootan Yaghoobzadeh of Staple Street Capital, Stephen Owens, also of Staple Street, and Benjamin Humphreys. Staple Street Capital III, L. The biggest winner from Fox News' $787. Number of Non-profit Companies 1. RT @TheNickyMo: Okay now I found a REAL connection between Blackrock/Vanguard and Dominion. BlackRock Inc. S. 98% ownership. RT @PrezLives2022: The Right is spreading a rumour that both Fox and Dominion are owned by the same company and Dominion basically sued itself. Larry Fink is known for his decades of experience leading BlackRock (NYSE:BLK). 27 to a high of $48. . Securities and Exchange Commission (SEC) shows that UBS Securities LLC arranged a private placement of $400 million with Staple Street Capital III, L. Hootan Yaghoobzadeh, co-founder of Staple Street Capital. S. The amount is equivalent to 20 times the $38. 38M), Invesco Ltd. Staple Street Capital, created by former executives of Carlyle Group and Cerberus Capital in 2010, held a one-and-done final close on its third fund on $520. Combined, BlackRock, State Street and Vanguard are the largest owner in 88% of the S&P 500 companies, according to a paper published Tuesday by the American Economic Liberties Project, a group. It might have been the best private equity deal ever. Owens was a Managing Director at The Carlyle Group where he was a member of the firm’s U. The forecasts range from a low of $27. 49%. The firm last filed a Form D notice of exempt offering of securities on 2014-12-19. 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. Dominion Voting Systems (“Dominion Voting”) announces that it has been acquired by its management team and Staple Street Capital, a leading New York-based, middle-market private equity firm. Mr. Stephen Owens has no relationship to the Biden family, a spokesperson for Staple Street Capital confirmed. had reported owning 62,250,574 shares, indicating a. Staple Street Capital bought Dominion Voting Systems in 2018, with a $38 million equity check and an $80 million enterprise value. The firm, Staple Street Capital, bought a controlling stake in Dominion for about $38 million, according to Reuters, Fortune and other media reports. Mr. iShares S&P/TSX Capped Consumer Staples Index ETF (CAD) The above results are hypothetical and are intended for illustrative purposes only. 27%) State Street Corporation (5. 45% institutional shareholders, 2. For years, he ran one of the most successful hedge funds in the world. This week’s settlement is. With approximately $900 million of assets under management, Staple Street Capital invests in attractive middle market companies where we can partner with management to create value. 59% State Street insiders, and 9. He also served as Board Member at Aaroma Holdings. Driving the news: Dominion yesterday agreed to drop its defamation lawsuit against Fox News, in exchange for $787. Updated July 14, 2021 11:12 am ET. This power that is subject to little public awareness or accountability. 2% return year to date and is +29. Jeffrey D Hyslop Managing Director. 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. They… Show more. The settlement was a huge windfall for New York-based Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems. Reorganizations / recapitalizations. BlackRock, on the other hand, is a publicly traded entity, so it prioritizes making money for its shareholders. 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. Staple Street Capital Managing Director and Co-Founder Oct 2009. Staple Street Capital. 3 million in 2018, stands to make an astounding 1,500 percent return on that deal. 5 million windfall after Fox Corp settled a. +1. Managing Director/Co-Founder, Staple Street Capital. The most heavily invested institutionals were Vanguard Group Inc. 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. on October 8, 2020. In a statement emailed to Snopes, a representative for Dominion Voting Systems told us that the voting company is owned by the investment group Staple Street Capital, as well as its. Acquisition Status Complete. Staple Street Capital, a private equity firm in New York, is the majority owner of Dominion. To request an engagement please submit a request through CorpAxe. Staple Street Capital LLC acquired a roughly 76% stake in the voting technology company in 2018 for $38. Sign upStaple Street Capital serves clients in the United States. Two different companies… DVS is a private company owned by a hedge fund Staple Street Capital. 5 million windfall after Fox Corp (FOXA. 792: Vanguard Group, Inc. BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. middle market transactions. As a result, BlackRock requires its suppliers to undergo thorough financial, operational, risk and contract diligence process on a consistent basis. I. 2% stake in Dominion Voting Systems in 2018 for $38. Because its investors essentially own the firm, it can provide most of its services at cost. P. THE FACTS: More than two months after a presidential election that experts deemed secure, election technology firm Dominion. A. NEW YORK, September 06, 2023--Staple Street Capital ("SSC"), a middle-market private equity firm, announced a partnership transaction with members of the Wilkins family to acquire Delaware Valley. S. sold $400 million in securities to UBS Securities Co. ”This year, Staple Street Capital, a New York-based middle-market private equity firm, and Dominion’s management team bought it out. ambassador to the European Union 2009-2013, nominated by Barack Obama. Osler, Hoskin & Harcourt LLP represented Dominion Voting Systems with a team consisting of Chad Bayne, Justin Dharamdial, Brian Gray, Horatiu Porime, Jeremy Lin and Miju Damodar (Corporate), Dov Begun and Paul Seraganian (Tax), Richard Borins. (9. Private equity firm Staple Street Capital valued Dominion at $80 million when it purchased a controlling stake in it in 2018. Its directors were listed as Hootan Yaghoobzadeh of Staple Street Capital, Stephen Owens, also of Staple Street, and Benjamin Humphreys. B. " That's what Blackrock owns a part of. ’s second-quarter. B. When the House of Relief was built, NYH was uptown, at 5th Avenue and 15th Street. The most heavily invested institutionals were Vanguard Group Inc. 212. Mr. Staple Street Capital, a private equity firm, owns a 76% stake in Dominion Voting Systems.