text:
Corsa's Wilson Creek Coal Plant and 2011 Sales Both Expected to be on Plan and Budget
January 19, 2011 Toronto, Ontario – Corsa Capital Ltd. (TSXV: CSO) ("Corsa") is pleased to announce that it's Wilson Creek Coal Plant is expected to start as planned and on budget at the end the first quarter. As well the Company expects coal sales to be on plan and the Company is pleased to provide an update on its coal preparation plant and coal projects.
Wilson Creek Coal Preparation Plant
The Company's Wilson Creek coal preparation plant is nearing completion and is expected to be commissioned and operational on schedule by the end of this calendar quarter. This capital project continues to be on budget with the expected cost to remain at $21 million.
The Plant is designed to produce metallurgical coal for domestic and export use at a capacity of approximately two million clean tons per year. Located near Somerset, Pennsylvania and on the CSX railway line, the Plant will initially have coal production shipped by truck pending completion of the rail load out which is expected to be completed by the end of May 2011.
Initial production feed will be from the Company's three currently operating surface mines and additional coal purchase contracts from other regional operations.
The Company currently has three producing surface mines, Quarry, Acosta and Cramer and is currently stockpiling coal for Plant through put from these three operations. In addition, the Company has the Plant, Hemminger, Spory, Bando, Ankeny and Hastings surface projects and the Garrett, Acosta Deep and Winner underground projects as well as the large West Penn Kovalchik underground project. Management expects in calendar 2011 to have sales of approximately 562,000 tons of clean metallurgical coal, including both produced and purchased coal, and 238,000 tons of thermal coal. Management estimates the average cash cost per clean ton of metallurgical coal produced will be between $65 and $70.
Management's initial estimate is that sales can grow to approximately 916,000 tons of clean metallurgical coal and 99,000 tons of thermal coal in calendar 2012.
The estimated coal production and cash costs per ton of coal disclosed in this press release are considered to be forward looking information. These production estimates are based on management's estimate of when the required mining permits for the Plant, Hastings, Acosta Deep, Garrett and Winner projects are received as well as the results from the current drilling program on Winner. Readers are cautioned that actual results may vary from this forward looking information. Actual production and cash costs are subject to variation based on a number of risks and other factors referred to under the heading "Forward-Looking Statements" below, including the actual date the relevant facilities and projects are permitted, actual coal production, actual costs and actual preparation plant recovery rates.
Quarry, Cramer, Acosta, Hemminger, Plant and Hastings Mines
The Quarry, Cramer and Acosta surface mines are operating; the Hemminger mine is permitted and expected to commence in the first quarter; the Plant mine in the second quarter; and, the Hastings mine in the third quarter. These six mines have combined proven and probable recoverable reserves of metallurgical coal of 1,150,000 tons and 494,218 of thermal coal. These mines are expected to produce approximately 564,240 tons of raw coal in calendar 2011. These estimates are subject to the receipt of mining permits on the Hastings and Plant mines.
Acosta Deep
The Acosta Deep underground project is a 940 acre property with proven recoverable reserves of low volatile metallurgical coal of 5.7 million tons in the Middle and Lower Kittanning seams located 18 miles from the Wilson Creek Coal Preparation Plant.
The Company previously announced that it has entered into an agreement that provides its subsidiary with an option, for 120 days, to acquire the rights to mine all coal seams under a further 5,643 acres in Jenner, Quemahoning, Lincoln, and Somerset Townships in Somerset County, Pennsylvania, referred to as the Alumbaugh property, which is immediately adjacent to the Acosta Deep property.
The Alumbaugh property has been the subject of previous drilling and Company management has reviewed 27 drill holes which show an average minable seam thickness of 40 to 42 inches (true seam thickness is not known) in the Middle Kittanning coal seam. Analysis of the coal from these 27 drill holes shows coal averaging approximately 11.6% ash and 1.24% sulfur with a volatility of 17.7% and an estimated wash plant recovery of 60%. The Company is conducting further drilling to more fully explore the property.
Management estimates that it will file its permitting application in the first quarter and expects to have the permits in place by the second quarter of 2012 with production commencing in the third quarter. Management's initial estimate is that the project, assuming a third quarter start up, can produce approximately 50,000 clean tons of low volatile metallurgical coal in 2012 and can ramp up to a production rate of approximately 302,000 clean tons by 2013 and approximately 486,000 by 2014. Production for 2012 is dependent on the receipt of mining permits.
With the addition of the Alumbaugh property, the Company is exploring the possibility of a second access point which could allow the project to have higher than currently estimated production rates.
The Garrett project is an underground Upper Freeport Seam project with approximately 1300 acres in Somerset County, Pennsylvania. This project is located approximately 9 miles from the site of the Wilson Creek Coal Preparation Plant.
The Company has drilled 16 holes on the leased area with drill intercepts averaging 42 inches in thickness (true seam thickness is not known). Clean coal quality analysis conducted on 7 drill hole cores indicated an ash content of approximately 10.6% and sulfur content of 0.99% with a volatility of 19.5% and an estimated wash plant recovery of 66%.
The Company expects to file its mining permit application this quarter and to receive these permits in the second quarter of 2012 with production commencing in the third quarter 2012. Management's initial estimate is that this project can produce approximately 38,000 tons of clean metallurgical coal in 2012 ramping up to an annual production rate of approximately 324,000 tons in full production. The Company continues to expand the leased area of this project. Production for 2012 is dependent on the receipt of mining permits.
The Winner underground project is a 450 acre Middle Kittanning property with an inferred resource of 2.4 million tons located near Swanton in Garrett County, Maryland. The Company has an option to lease approximately 3,000 acres directly adjacent to this underground project which the Company believes has the potential to be a significant expansion of the project. The Company is commencing a drilling program this month to fully explore the additional acreage and provide coal quality data.
The Company expects to file its mining permit applications in the second quarter and to have this project permitted in the second quarter of 2012. Management's initial estimate is that this project can produce approximately 77,000 tons of metallurgical coal in 2012 if permitting is received by the second quarter and can produce approximately 162,000 tons per annum at full production. Production for 2012 is dependent on the receipt of mining permits. This is also dependent on the results of the current drilling and coal quality testing program.
Pittsburgh-Kovalchik
The Pittsburgh-Kovalchik is an underground project located in Washington County, Pennsylvania, which the Company has the right to acquire. It has indicated resources of 71 million tons of which 57 million is steam coal quality and 14 million is high volatile coking coal quality. The full purchase price is US$20 million. The option is now to be exercised by December 31, 2011 (the previous exercise date of December 31, 2010 has been extended). Wilson Creek will make quarterly installments of US $150,000, US $200,000, US $250,000 and US $300,000 in 2011 to maintain this option. These payments will be credited toward the US$7 million exercise price. If exercised, the balance of the purchase price will be paid over four equal annual payments commencing September 2012.
The mineral reserve and resource estimates have been prepared under the supervision of, and the technical information in this press release was verified and approved by, Dennis Noll of Earthtech Inc., a qualified person, as such term is defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dennis Noll is independent of Wilson Creek. A technical report prepared in accordance with National Instrument 43-101 entitled "Amended and Restated Technical Report on Coal Reserves and Resources; Wilson Creek Energy, LLC; Somerset, Cambria and Washington Counties, Pennsylvania and Garrett County, Maryland, USA, dated November 16, 2010" in respect of Wilson Creek's material properties has been filed on www.sedar.com. The technical report describes the exploration history, geology and resources of all of the properties in this press release except Garrett and Ankeny. Disclosure in this press release of mineral resources is based on the technical report. Details of the quality or grade of each category of mineral resources and key assumptions, parameters and methods used to estimate the mineral resources are included in the technical report. The technical report also includes production projections for the reserves as well as a description of environmental and permitting matters. Sales projections expressed in tons in this press release that differ from the Technical Report are due to revisions by Management since the date of the report as a result of operational modifications and outside coal purchases.
There are currently 232,656,771 common shares of Corsa now issued and outstanding
The Company's main operating subsidiary is Wilson Creek Energy LLC based in Somerset County, Pennsylvania. Its primary business is the mining, processing and selling of metallurgical coal, as well as actively exploring, acquiring and developing resource properties consistent with its coal business.
Corsa Capital Ltd.:
Don Charter, President and Chief Executive Officer
Corsa Capital Ltd.
communication@corsacapital.com
www.corsacapital.com
Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include management's assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "estimates", "expects", "anticipates", "believes", "projects", "plans", and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Corsa's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: liabilities inherent in coal mine development and production; geological, mining and processing technical problems; Wilson Creek's inability to obtain required mine licenses, mine permits and regulatory approvals required in connection with the mining and processing of coal; unexpected changes in coal quality and specifications; variations in the coal preparation plant recovery rates; dependence on third party coal transportation systems; competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; incorrect assessments of the value of acquisitions; changes in commodity prices and exchange rates; changes in the regulations in respect to the use of coal; the effects of competition and pricing pressures in the coal market; the oversupply of, or lack of demand for, coal; currency and interest rate fluctuations; various events which could disrupt operations and/or the transportation of coal products, including labor stoppages and severe weather conditions; the demand for and availability of rail, port and other transportation services; and management's ability to anticipate and manage the foregoing factors and risks. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward- looking statements.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


text:
Vijender Singh Wiki, Height, Weight, Caste, Age, Wife, Family, Biography & More – StarBio
April 26, 2019 starbio Sports 0
Vijender Singh is an Indian Boxer who turned professional in 2015. He is the first Indian boxer to win a medal in the Olympic Games. In 2019, he joined the Indian National Congress to contest the 2019 General Election from South Delhi Lok Sabha constituency.
Wiki/Biography, Caste
Vijender Singh was born in a Jat family on 29 October 1985 (Age: 33 years, as in 2018) in Kaluwas, Bhiwani, Haryana, India. His father, Mahipal Singh Beniwal, was a bus driver in Haryana Roadways. He received his primary education from his village, Kaluwas and secondary education from Bhiwani. He enrolled at Vaish College of Education in Bhiwani and received his bachelor degree from there. Having been inspired by boxer Raj Kumar Sangwan, Vijender decided to be a boxer. His elder brother, Manoj was also a boxer. When his brother, Manoj got selected to the Indian Army by his boxing credentials, Vijender was supported by his brother financially to be a good boxer. He was trained at Bhiwani Boxing Club where a former national-level boxer and his coach, Jagdish Singh noticed his talent and groomed him in this sport. Vijender Singh was first recognized when he won a bout in state-level competition. He won a silver medal at his first sub-junior nationals in 1997 and later at the 2000 Nationals, he won his first gold medal. In 2003, he became the all India Youth Boxing champion.
Vijender Singh was born to Mahipal Singh Beniwal and Krishna.
Parents of Vijender Singh
Vijender Singh has one brother, Manoj, who is also a boxer and serves in the Indian Army.
Vijender Singh with his brother
Vijender Singh married Archana Singh on 17 May 2011.
Vijender Singh with his wife
The couple is blessed with a son, Arbir Singh.
Vijender Singh with his wife and son
He competed at the 2004 Athens Olympic Games in the welterweight division but could not secure a medal and lost to Mustafa Karagollu of Turkey by a score of 20–25. At the 2006 Commonwealth Games, he edged out Neil Perkins of England in the semifinal and managed to win a silver medal before losing to South Africa's Bongani Mwelase. Later, he decided to participate in the middleweight division. He won a bronze medal at the 2006 Asian Games held in Doha. He rose to fame when he won a bronze medal at the 2008 Beijing Olympic Games after defeating Carlos Góngora of Ecuador in the quarter-final. In 2009, he was bestowed upon the Rajiv Gandhi Khel Ratna award, the highest sporting honour of the country.
Vijender Singh receiving Rajiv Gandhi Khel Ratna
In January 2010, he was awarded Padma Sri for the contribution to the Indian Sports. At the 2010 Commonwealth Games, he lost to England's Anthony Ogogo in the semi-final and consoled himself with a bronze medal. The same year, he won a gold medal at the Asian Games after defeating Abbos Atoev of Uzbekistan with a score of 7-0 in the final. At the 2012 London Olympics, he lost to Abbos Atoev of Uzbekistan in the quarter-final with a score of 13–17. At the 2014 Commonwealth Games, he won a silver medal after being defeated by Antony Fowler of England in the final. In 2015, he Vijender turned professional and signed a multi-year contract with Frank Warren's Queensberry Promotions through IOS Sports and Entertainment.
Vijender Singh with his manager, Frank Warren
On 10 October 2015, he fought his first professional bout and defeated Sonny Whiting by TKO.
At the 2010 Commonwealth Games, Vijender was given a 2 point penalty for coming in 20 seconds late before the end of the bout.
In 2013, the Punjab Police alleged that he bought heroin from an NRI many times. But he denied the allegation and was given a clean-chit from the National Anti-Doping Agency (NADA).
Food(s): Grilled Lamb, Kadhai Chicken
Boxer(s): Raj Kumar Sangwan, Mike Tyson, Muhammad Ali
Cricketer(s): Sachin Tendulkar, Virender Sehwag
Salary/Net Worth
As in 2016, he has a net worth of Rs. 3.2 crore.
He had a desire to be a soldier in the Indian Army but later, he chose the field of boxing.
In 2011, he was signed for a Bollywood film, but due to his marriage, the producer dropped him considering that he won't be as popular among females.
Vijender cites American actor, Sylvester Stallone's character, Rocky Balboa in his Rocky film series, as his early influences. His boxing style; hooks and uppercut are often compared with that of Rocky Balboa (Fictional Character).
Vijender appeared in Salman Khan's "Dus Ka Dum" game show with actress Mallika Sherawat.
Once, his job was to be a bodyguard of actress Priyanka Chopra to protect her from the crowd, during a rally in Pune.
His hometown, Bhiwani in Haryana is known as "Little Cuba" for giving many world class boxers.
Apart from Mary Kom, he is the only boxer to receive the Rajiv Gandhi Khel Ratna Award.
In 2009, for the brief time, he was ranked No.1 in the world in the middleweight (75 kg) division by the International Boxing Association.
Vijender Singh and actor Akshay Kumar are good friends.
Vijender Singh and Akshay Kumar
He has also served as a DSP in Haryana Police under sports quota.
In 2013, he entered Bigg Boss 7 house only to meet wrestler Sangram Singh.
In 2014, Vijender made his Bollywood debut with film "Fugly."
Vijender Singh starred in Fugly
His hobbies are Listening to music, Workout, etc.
In 2019, he became a member of the Indian National Congress (INC) and he was given the ticket to contest the 2019 Lok Sabha from the South Delhi constituency.
If you like this article and get more interesting information from us so please like us on Facebook Follow us Twitter and get instant notification
K. M. Nanavati Wiki, Age, Wife, Family, Biography & More – StarBio
Jolene Purdy Net Worth, Earnings, Movies, Dating, Facts, Wiki-Bio

redpajama_set_name: RedPajamaCommonCrawl


Best Blundstone service and care.
Australian Boot Company makes the buying experience as comfortable as the wearing experience. We stock the largest range of Blundstone and R.M. Williams boots and Glerups wool and leather slippers in Canada. That means more styles to choose from, more colours, more leathers, more everything. Including more knowledgeable boot fitters, more care for your boots, more friendly smiles. Come browse our website or shop in person for the most comfortable shopping experience you and your feet have ever shared.


This morning, I got to work.
The bus stop outside my flat was out of use, because it's at the bottom of a steep hill, and the buses don't go down it when there's a risk of, you know, death and destruction, so I had to walk for five minutes to a different one.
Then, one of the three buses (each every ten minutes) that I can take to work arrived – the 55 in this case – and I got on. I read my book until we got to Great Eastern Street, then I got off and walked though gritted streets to the office. I got a chai latte on the way.
I say this not because it's strange, abnormal, unusual, or anything, but when it snows and the transport network shuts down, there's no end of complaining and whinging. But today, there was snow and compacted ice, and I got to work more or less as usual. TFL, or at least the East London Buses bit of TFL, did entirely ordinarily today, and could be relied on.
Just thought that was worth saying.


text:
Paine Field-Snohomish County Airport's new terminal culminates early plan
$40 million redevelopment brands hub as true boutique airport.
Airports |
Jonathan Barnes, Contributing Editor
All Photos Courtesy: Paine Field Propeller Airports
Begun in 1936 as a Works Projects Administration effort, Paine Field-Snohomish County Airport originally was just a 2-runway airfield meant to spur development in the surrounding area. The plan was that someday, it would grow into a major travel destination.
But World War II brought greater needs, and from 1936 to 1946 the airfield, located about 20 miles north of Seattle, was an Army Air Corps installation. By 1948 the property was returned to local control, only to be taken over by the military again, from 1951 to 1962, when the US Air Force Aerospace Defense had an active unit there.
In 1966 the Air Force had mostly left, opening the spot to development. At that time The Boeing Company built an assembly plant on-site, realizing some of the hopes for development of local officials and business owners. That corporate move was followed over the years by many others; today, the airport is home to more than 50 businesses.
And now, with the Everett, WA, airport's recent opening of a new $40 million passenger terminal, the transportation hub has truly arrived at the destination its planners once envisioned. The improvements showcase how far the airport has transformed itself since its humble beginnings. A longstanding destination for people from Seattle and northwestern Washington, Paine Field-Snohomish County Airport is a boutique airport, with all the services of such a spot.
See Also: The Ilan and Asaf Ramon International Airport opens in Israel's Negev Desert
The opening in March of the airport's new passenger terminal also means that now, daily commercial flights with more than one carrier are offered. Alaska Airlines and United Airlines are offering a total of 24 daily flights to nine US locations including Los Angeles, Denver and Las Vegas.
The 2-gate, 30,000 SF terminal is the creation of Fentress Architects, which designed the base building, with architectural and interior designs done by Clive Lonstein, Inc. The terminal was completed through a public-private partnership between Snohomish County and Propeller Airports.
The feel of the new terminal is meant to be akin to an upscale hotel, its planners said. Comfortable seating areas, high quality furniture, and building materials including walnut ticket counters with onyx countertops, black walnut paneling and a Bose sound system.
The airport's offerings also have changed, with some local businesses locating in the pre-security and post-security areas. Before passing through the Security checkpoint, travelers can stop for a moment at the Café Vita coffee shop; and post-security, Beecher's Handmade Cheese Café, a Seattle company, and the Upper Case Bar offer other refreshments.
November 20, 2020 | Airports | Populous
Populous survey shows travelers are ready to return to the airport, with proper protection
Survey data points to achievable solutions for airports around the globe.
First-Place Winner: BANIYA, The Green Gateway, designed by Nikhil Bang and Kaushal Tatiya from the Southern California Institute of Architecture.
October 06, 2020 | Airports | Fentress Architects
Airport of the Future global student design competition 2020 winners announced
Winning projects reimagine airport mobility in the year 2100 for one of the 20 busiest airports in the wo...
Gensler's solution for infection control in airports relies on a combination of actions that begin with prescreening passengers as they enter the building. Technology will help keep passengers moving, and, when stationary, distanced from fellow travelers. Illustration: Gensler
September 18, 2020 | Airports | John Caulfield, Senior Editor
Infection control measures for airport terminals
More automation and scanning, of people and baggage, will help unclog airports.
This rendering illustrates CallisonRTKL's biophilic design for the Guadalajara Airport in Mexico. Passenger well-being is a key driver of that design, which also facilitates touchless processing from curb to gate. Rendering: CallisonRTKL
Wings clipped, airports veer to tech to regain passenger trust
Alternative project delivery methods are also being considered.
September 10, 2020 | Airports | BD+C STAFF
The Weekly show: Curtis Fentress, FAIA, on airport design, and how P3s are keeping university projects alive
The September 10 episode of BD+C's "The Weekly" is available for viewing on demand.
All renderings courtesy CallisonRTKL
July 28, 2020 | Airports | David Malone, Associate Editor
CallisonRTKL to design one of the world's first net-zero airports
Guadalajara Airport Terminal 2 will be designed from the ground up.
All photos courtesy of LaGuardia Gateway Partners
June 24, 2020 | Airports | David Malone, Associate Editor
LaGuardia Airport's Terminal B officially opens
HOK and WSP USA designed the project.
The span connects Sea-Tac's new International Arrivals Facility with the airport's South Satellite. Images: Courtesy of Clark Construction
February 07, 2020 | Airports | John Caulfield, Senior Editor
A 780-ft-long pedestrian walkway is positioned over an active taxi lane at Sea-Tac International
It took eight years to plan, design, and construct this bridge.
Photos: LEO A DALY/Atkins
November 12, 2019 | Airports | David Malone, Associate Editor
$1B terminal opens at New Orleans International Airport
LEO A DALY designed the project.
All renderings courtesy COX/ZHA
October 30, 2019 | Airports | David Malone, Associate Editor
COX Architecture and Zaha Hadid Architects will design the Western Sydney Airport
The COX/ZHA team was selected from a field of over forty applicants.


Zakat, or zakat al-mal, means "obligatory alms" or "alms upon wealth." It stands as the third pillar of Islam, coming immediately after salat, the daily ritual prayer. Every Muslim possessing the designated minimal amount of wealth, nisab, for the full cycle of a lunar year must, as a matter of worship, satisfy the duty of paying zakat.
All possessions can be classified into either zakatable or non-zakatable wealth. The Quran specifies how zakat is to be collected and distributed as well as who should receive zakat.
In order to accurately calculate your zakat, it is important to know what types of wealth zakat is due on and what types of wealth are non-zakatable.
Many questions that American Muslims have about zakat are related to wealth that is acquired through business and investment, debt and liquid assets.
Zakat falls due when certain conditions are met: Zakat is due only on zakatable wealth that reaches an established minimum threshold for that particular kind of wealth. A lunar year's full cycle must elapse on nisab for zakat to come due.
One of the Quran's major themes is social justice for those whom society disadvantages and compassion for the vulnerable. Islam builds its community out of our human obligation toward each other, making each Muslim accountable for the well-being of every other Muslim.
In addition to zakat, Muslims are strongly encouraged to give sadaqa, or optional charity, throughout the year.
There are specifics about how Udhiya/Qurbani is performed that are important to clarify.
Learn about Zakat essentials, your individual obligations, conditions, assessments, recipients, payment, administration, calculation, and more from this book. Click below to see the table of contents.
Unfortunately, the calculation of zakat has become unclear to many Muslims because of the many different kinds of wealth they may have.
The mission of ZF is to help Muslims carry out their zakat duties easily and correctly. The resources assembled here cover a diverse array of financial topics and questions to assist with calculating and paying zakat in an accurate, timely and convenient way.
Who Answers the Zakat Questions?
ZF has presented here the positions of scholars recognized as mujtahidîn (qualified, independent legal practitioners) on current zakat topics. ZF has published The Zakat Handbook: A Practical Guide for Muslims in the West in consultation with renowned contemporary scholars in order to increase the awareness and practice of the pillar of zakat.


text:
Thank you for your message. Someone from RWC will contact with you shortly.
Registered users are able to access information regarding our non-UCITS funds and more research produced by our investment teams.
If you would like to view this information, please take a moment to register now. Please read and agree to our Terms and Conditions before proceeding.
Keep me informed about news and updates
Forgotten password? Need help signing in?
You need to be a financial professional to register.
Are you using your RWC user ID & password? You will need to register for a new ID & password for this site.
Governance & Downloads
Convertible Bonds
Diversified Return
Emerging and frontier market equity
Global Horizon Equity
Japan Active Engagement
European & UK Equity
RWC Privacy Policy
RWC Funds Privacy Policy
Q SEARCH
INVESTOR TYPE SELECTOR
What kind of investor are you?
Non-Professional
By clicking Submit you agree that you have read and accepted the terms and conditions detailed in the DISCLAIMER
European Active Ownership
We invest in a small number of European listed, high quality companies, that have a significant opportunity to create additional value by addressing a number of company-specific issues, and where we can act as a catalyst for change by constructively working together with the company and other shareholders.
Multi-disciplinary team. The team, comprising fund management, fundamental equity analysis, strategy consulting and governance competencies, has accumulated experience through over 50 investments spanning a broad variety of industries and most European countries. The team can leverage an ever increasing network of executives, non-executives, industry experts and other investors, and has a reputation for value-adding and constructive dialogue with companies.
Active ownership. Meaningful ownership stakes and constructive engagement with management, corporate boards and other shareholders allow the team to act as a catalyst for a sequence of value-creating events. This makes the strategy less dependent on market inefficiencies or single events.
Deep understanding of portfolio companies. Concentrated portfolios and a long-term approach with an average holding period of 3-5 years allows the team to make in-depth assessments of company fundamentals and change opportunities.
Value-driven investment and engagement process. Systematic use of a value lever framework for investment analysis and engagement with companies.
Long-term capital.Underpinned by lock-ups, allowing for effective implementation of the strategy.
Maarten Wildschut, Co-Head of European Active Ownership Strategy (Investments)
Maarten joined RWC Partners as part of Hermes Focus Asset Management in September 2012. Maarten has been responsible for the strategy since February 2009 and oversees all aspects of the strategy's investment management. He has over 20 years of experience of investing in European-based companies and actively working with management and shareholders to help drive change. Prior to Hermes, Maarten worked at Robeco, where he managed their European Small Cap funds and was responsible for institutional mandates, as well as ABN AMRO.
Maarten holds an M.Sc. in Business Economics from the Erasmus University in Rotterdam and is a CFA charterholder. Maarten is a Dutch citizen and native speaker, fluent in English and speaks French and German.
Petteri Soininen, Co-Head of European Active Ownership Strategy (Engagements)
Petteri joined RWC Partners as part of Hermes Focus Asset Management in September 2012. Petteri has been responsible for the strategy since February 2009 and oversees and manages all engagement activities with companies in the European portfolio.
Petteri has over 20 years of experience working with top management and prior to Hermes, was a strategy consultant with The Boston Consulting Group (BCG) in both Europe and the US. Petteri holds a M.Sc. (with distinction) in Industrial Engineering from the Helsinki University of Technology. Petteri is a Finnish citizen and native speaker and fluent in English, German and Swedish.
Antonio Salerno
Antonio joined the team in June 2005 and is responsible for managing select portfolio investments, designing and following through engagement programmes and identifying new investment opportunities. Furthermore, Antonio is the team's lead on corporate governance. Antonio has some 17 years of experience in activist investing and corporate governance. Antonio joined RWC Partners as part of Hermes Focus Asset Management in September 2012.
Prior to Hermes he worked at Deminor and was a founding member of their Italian office. Antonio holds a Laurea degree (cum laude) in Economics and Banking from the University of Siena and a Master's degree in International Finance (MIF) from the University of Amsterdam. Antonio is an Italian citizen and native speaker and he is fluent in English.
Jimmy Tillotson, CFA
Jimmy joined the team in January 2009, having previously worked for the Hermes UK Focus Large Cap Fund. He is responsible for managing select portfolio investments, designing and following through engagement programmes and identifying new investment opportunities. Furthermore, Jimmy is responsible for continuous improvement of the fund's analytical processes. Jimmy joined RWC Partners as part of Hermes Focus Asset Management in September 2012.
Jimmy has 15 years of experience in investment management and brings extensive knowledge of UK companies. Prior to Hermes he worked as an investment manager at JM Finn & Co. Jimmy holds an MA in Economics from Edinburgh University and the CISI Diploma. He is a CFA charterholder and a Member of the Chartered Institute for Securities and Investment.
David Stewart, CFA
David joined the team in September 2009. He is responsible for managing select portfolio investments, designing and following through engagement programmes and identifying new investment opportunities. David joined RWC Partners as part of Hermes Focus Asset Management in September 2012. David has 13 years of experience in investment management, and, prior to Hermes, worked on a number of finance related projects at Lloyds Bank, Barclays and Bank of New York.
He holds a MChem in Chemistry from the University of York and is a CFA charterholder and a Member of the Chartered Institute for Securities and Investment. David is a British citizen, native English speaker and speaks French.
Cathy Boorer, Office Manager - European Active Ownership Strategy
Cathy Boorer joined the team in November 2010. She is primarily responsible for managing operational office matters for the team Furthermore, Cathy supports the team's investment and engagement activities. Cathy joined RWC Partners as part of Hermes Focus Asset Management in September 2012.
Cathy has over 20 years of experience in office management. Prior to Hermes, she worked for Barclays, Baring Asset Management, and Rabobank. Cathy holds a HND in Business and Finance from University of Western England. Cathy is a British citizen and native English speaker.
The RWC European Focus Fund responds to offer by Searchlight Capital
02/12/2019, 2 months ago
Maarten Wildschut talks to ActivistInsight: The Dutch aversion to activism
01/12/2017, 2 years ago
Activist Investing – A nicer sort of barbarian at the gate this time?
We are here to help. For general enquiries about RWC Partners please complete the form and submit. We will respond to your enquiry as soon as possible.
Please do not provide any confidential information such as account number on this form.
General enquiryInvestor relationsComplaintsCall me back
Verde 4th Floor, 10 Bressenden Place, London, SW1E 5DH | t. +44 20 7227 6000
Working at RWC
© RWC. RWC Partners Limited is authorised and regulated by the Financial Conduct Authority (FCA). Registered in England (No. 3517613). Registered Office: Verde 4th Floor, 10 Bressenden Place, London, SW1E 5DH. All rights reserved.
This website uses cookies. A cookie is a small data file placed on your computer which captures information about your choices which allows us to improve your experience of the website, for example, by remembering your country of residence. By continuing to access this website, you agree to be bound by our Cookie Policy. You can accept and/or block at any time by changing your browser settings.
Accept and close X


text:
Shorthanded Milwaukee Bucks blow out Detroit Pistons, 117-89, at LCA
Omari Sankofa II
It's been the same story all season for the Detroit Pistons — they can't hit shots.
That story continued Tuesday, as a shorthanded Milwaukee Bucks team came to Little Caesars Arena and handed the Pistons their worst loss of the year yet.
Jrue Holiday, Khris Middleton and Brook Lopez were in street clothes, but the Pistons couldn't capitalize on Milwaukee's injury woes and lost, 117-89, on their home floor. The Pistons, who have struggled to hit 3-pointers, shot a season-worst 17% (8-for-47) from 3.
Jerami Grant had his most efficient night of the season, finishing with 21 points on 61.4% shooting. Trey Lyles (13 points) was the only other Piston to crack double digits. Giannis Antetokounmpo led all scorers with 28 points and added nine assists and eight rebounds.
FROM CUNNINGHAM'S DEBUT:Cade playing catch-up to NBA game, but breathes life into team
Jerami Grant has season-best performance
On a(nother) night where the Pistons couldn't get a bucket to fall, Grant was the lone bright spot. He had his best scoring night of the season, cracking the 20-point threshold for only the second time this season.
He got it going early, knocking down consecutive 3-pointers within the first two minutes of the game to get Detroit on the board. Grant provided half of Detroit's points in the first quarter, scoring 10 on 4-for-5 overall shooting and 2-for-3 shooting from 3. By the end of the third quarter, he had 21 points on 8-for-13 overall shooting and was 4-of-5 from 3. The rest of the team combined to shoot 3-for-28 from 3.
Entering Tuesday, Grant was averaging 16 points per game but was shooting just 35.5% from the field and 25% from 3. Part of his shooting woes could be chalked up to a nagging elbow injury that caused him to sit out of last Monday's game against the Atlanta Hawks and appeared to be bothering him last Wednesday in Philadelphia. But the Pistons, as a whole, haven't shot the ball much better. Through the first six games, Detroit was shooting just 28.9% from 3 — the worst mark in the NBA.
Despite the final tally, the loss against the Bucks would've been much uglier if Grant hadn't refound his shooting touch.
[ Read more on the Detroit Pistons and sign up for our Pistons newsletter. ]
Cade Cunningham returns, but still rusty
The Pistons anticipated that Cunningham would play his second NBA game Tuesday after sitting out of Sunday's road game in Brooklyn on the second half of a weekend back-to-back. His minutes restriction appears to be gone, as well. After playing 19 minutes last Saturday, he logged 29 minutes against Milwaukee.
He appears to still be working through some rust after missing nearly a month of five-on-five action with an ankle sprain. After knocking down just one of his eight shot attempts against the Orlando Magic, Cunningham went 2-for-14 overall Tuesday and missed all nine of his 3-point attempts.
There were good moments. He found Grant with a behind-the-back pass for an early 3-pointer and dished two other assists. His first bucket was a long 2-pointer in the first quarter, and he scored Detroit's first post-halftime bucket with a transition floater.
Contact Omari Sankofa II at osankofa@freepress.com. Follow him on Twitter @omarisankofa. The Free Press has started a new digital subscription model. Here's how you can gain access to our most exclusive Pistons content.


Sodalite is called The Harmonizer by EnergyMuse.com for a good reason. Meditating with sodalite helps to open your third eye chakra and bring back your intuition and sixth sense the deep blues mixed with swatches of white remind us of the night sky. Combine with a moonstone and pull in some awesome lunar energy as well!!


HONOR THY MOTHER, A Soldier's Story, is a work of fiction inspired by true events. It is the story of the Kelly family who enjoyed a life of wealth and privilege earned from their great success in the food and restaurant businesses they owned in Jamaica, West Indies. However, by the late 1970s, after much agonizing, they are forced to migrate to America. Donald Kelly, the central character of the story, offends his parents by choosing to marry a beautiful girl from the wrong side of the tracks. Jennifer Kelly almost immediately disapproves of Anna Johnson, not because she places a wad of gum on her mother's fine china, but because she sees through the beautiful facade of a troubled woman. Don is subsequently disowned and disinherited by his parents when he adamantly refused to end his relationship with the woman with whom he has become besotted. With nowhere to turn, he makes a fateful decision to join the military where he studies to become a clinical psychologist. He completed basic training in Lackland, Texas, and meets Becky who becomes his best friend. After completing his final training in Bethesda, Maryland, he is deployed to the Spangdahlem Air Force base in Germany to complete his residency and start his practice specializing in the treatment of post traumatic stress disorder. The lives of Donald and Anna become even more complicated once they arrive in Germany. However, Donald doesn't understand the ramifications to his family life because of the complex personality of the woman he chose to marry and his obsession with the career he was destined to pursue. Honor Thy Mother, A Soldier's Story, explores the psychological, emotional and physical components of their relationship. It is Don Kelly's journey with its unexpected twists and turns, where nothing is what it seems and the suspense continually builds to a final, thrilling conclusion.
HONOR THY MOTHER, A Soldier's Story, is a work of fiction inspired by true events. It is the story of the Kelly family who enjoyed a life of wealth and privilege earned from their great success in the food and restaurant businesses they owned in Jamaica, West Indies. However, by the late 1970s, after much agonizing, they are forced to migrate to America. Donald Kelly, the central character of the story, offends his parents by choosing to marry a beautiful girl from the wrong side of the tracks. Jennifer Kelly almost immediately disapproves of Anna Johnson, not because she places a wad of gum on her mother's fine china, but because she sees through the beautiful facade of a troubled woman. Don is subsequently disowned and disinherited by his parents when he adamantly refused to end his relationship with the woman with whom he has become besotted. With nowhere to turn, he makes a fateful decision to join the military where he studies to become a clinical psychologist. He completes basic training in Lackland, Texas, and meets Becky who becomes his best friend. After completing his final training in Bethesda, Maryland, he is deployed to the Spangdahlem Air Force base in Germany to complete his residency and start his practice specializing in the treatment of post traumatic stress disorder. The lives of Donald and Anna become even more complicated once they arrive in Germany. However, Donald doesn't understand the ramifications to his family life because of the complex personality of the woman he chose to marry and his obsession with the career he was destined to pursue. Honor Thy Mother, A Soldier's Story, explores the psychological, emotional and physical components of their relationship. It is Don Kelly's journey with its unexpected twists and turns, where nothing is what it seems and the suspense continually builds to a final, thrilling conclusion. Love! Marriage! Deception! Suspense! Redemption! These are only a few of the themes explored in this fast-paced, page-turning tale that spans more than forty years and two continents. Don Kelly: Jamaican born, now American air force soldier, is a handsome psychologist totally dedicated to God, family and his chosen profession -- treating soldiers with PTSD. Anna Johnson: Jamaican beauty who lost both her parents at age ten and migrated to Queens, New York, to live with her maternal grandparents. She meets Don Kelly in a local park and he succumbs to her wily charms. Jennifer Kelly: Don's mother, is a successful entrepreneur, restaurateur-extraordinaire, who with her husband, Rex, sells their multi-million-dollar business and migrates with their son, to Jamaica Estates in Queens, New York. Rebecca Esposito: English-born beauty, with a Spanish father, Juan, and an English mother, LuAnn, becomes Don's best friend when they're thrown together for basic training at Lachland air force base, in San Antonio, Texas. Robert Jones: Debonair Italian-American mogul, bad-boy, confirmed bachelor, has no shortage of sophisticated prima donnas who grace the covers of the most exclusive magazines, who would die to be with him. HONOR THY MOTHER, A Soldier's Story, does not disappoint!
The youngest of three children, Sharon Falloon (nee Brown) was born in Westmoreland, Jamaica, West Indies, but most of her growing years were spent between the towns of Linstead and Kingston. The child of a Baptist minister and a very popular school teacher, Sharon attended a number of prestigious schools including St. Hugh's and Excelsior, in Kingston. Sharon also attended the University of the West Indies at Mona, where she earned a bachelor's degree in social sciences. In July, 1979, Sharon and her husband migrated to Queens, New York, where they reunited with their extended family. They had a daughter, their only child. In 1980, she ventured out to corporate America where she worked for more than 25 years in the areas of law and human resources. The journey was challenging but rewarding as she moved up the corporate ladder from the position of law clerk to becoming the head of the employment office for a major transportation company. During that time she completed her Master's degree in human resources and industrial relations at New York Institute of Technology at Westbury. In early 2010, Sharon finally acted on her passion for writing and composed her first novel, Honor Thy Mother, A Soldier's story, the first book in the Honor Thy Mother series. The book gave her a feeling of completeness that she had not experienced before. She dedicated it to her late brother, Basil "Bagga" Brown, a Jamaican icon of radio and television fame whose devotion to his mother was exemplary. Sharon is also the author of her first collection of poems, Life Crispies...come taste and see reality poetry, which is currently available in eBook format and, Three Kindred Souls, the second book in the Honor Thy Mother series, which is scheduled for release in the fall of 2013. All of Sharon's work is inspired by her deep Christian faith, which is reflected in her stories and poetry, but which does not put limitations on her depiction of reality as we function in a troubled world. Sharon resides on Long Island with her family.


text:
Kingpin Exclusive: FRANK Skateboards "Tromo" with Eniz Fazliov, Sebi Dorfer, Oscar Candon and Dallas Rockvam
by Arthur Derrien
Dallas Rockvam interview by Jan Kliewer.
Dallas Rockvam sure isn't your average Joe. Hailing from the land of the free, paradoxically, he chose to retreat to Europe in order to follow his love and passion: friendship and raw skateboarding. And with a few years under his belt now in the Old World, Dallas is taking measures into his own hands and spreading the gospel; the not-so-average Joe has met someone new, a good guy called Frank…
Dallas, starting things off with your move over the pond, you are one of the few American skaters who have moved to Europe and maintained a skate career. What drew you to move here?
I maintained a career?!? The first time I came over around 2004 with Element it really left an impression on me; my first ever visit to Barcelona, back when it still was more mellow there. That place is like a skatepark. It already was really popular, but not yet how it is today with harsh police. Then on my next visit I went to Finland and met Pirkka (Pollari) and a couple of other guys from the Perus crew that went on to become really good friends of mine; also there was Marcel (Veldman) on that trip that I had met before in the US. Basically I really enjoyed the friendly, open and welcoming vibe. No getting arrested or ticketed for skating, and you didn't have to sit in a car! Not like where I was living at the time in Arizona, California or Atlanta.
What are some of the most stereotypical views Americans have on Europeans that proved true?
You mean apart from a lot of Americans being completely oblivious to where a lot of the countries outside of the US are on a map…? Well, just let me tell you about two of my friends from over there who came to visit me when I got married last year: they just couldn't believe it! They were amazed: 'Wow, it really is freer; it's true!' You're more able to do what you want here.
Which are completely made up out of thin air?
Well, stereotypes are always fun. I'm in France right now, always good to make fun of the people here… ha. Germans, too, of course, and Finnish, English… the Swedish; they drink 3% beer, no idea why…
And the other way around? Where do you think Europeans are especially wrong or right with their views on Americans?
Well, I guess most Europeans take the impressions they get from the few ignorant money-loaded American travellers that really stick out bad, rich girls from Southern California maybe that think America is the centre of the world. And people generalise. However, there is a lot of truth in it. Like the typical American tourist asking: "Do you have a menu in like… American?"
For the most part though, the people and the countryside over there are amazing.
How often do you go back to the States?
On average every two years, getting less, though.
Do you have to adjust?
To be honest, last time I went in summer, it was the first time I ever experienced something like a culture shock. I've noticed differences before, but not like that time; everything was super big and wasteful! People just consuming super bad television shows, just caring about the latest celebrity gossip rather than what's really going on in this world… Here and there you can see people starting to wake up to the facts, though. Farmers' markets are popping up, people planting their own food, going more local and stuff. Levi Brown for example grows food on his roof terrace. I've heard people like Kenny Anderson convert their diesel car to run on waste vegetable oil… So, there are both extremes. In general people I think need to wake up more to the power they have making purchase decisions. Their dollar, their euro commands where the industry is going. Marc Johnson was talking about that in an interview I saw regarding the demise of local coffee shops. Ironically, he was holding a Starbucks mug in his hand, ha!
What do you miss about not living in the US?
Real Mexican food! Hands down. Of course I miss my friends and family, too, that's obvious. Small, small things too maybe, like being able to get anything at any time right away. Wal-Mart basically doesn't close! Maybe on Christmas day for 24 hours… I mean, I don't really shop there, but when I was young – not old enough to get into bars, but still drinking and smoking – this was the fun thing to do: go hang out at Wal-Mart at night, play hide and seek, kick a football around or take shopping carts and smash into each other. No one would mess with you unless you really break or steal something. It was a bar for kids that can't go to a bar.
What would you change about Europe?
The Americanisation that's taking place here more and more is horrible. Even in the short time that I've been here, I've seen it happen at a really fast rate. Maybe it's also a globalisation issue. But one place where I've seen it happen even more drastically is Finland. More and more kids are starting to look like these kids from Southern California, really focused on material things: who's going to get the new car or the new phone…
Have you picked up any new languages living in Europe?
Ein bisschen Deutsch, ich habe zwei Deutschklassen gemacht (A bit of German, I've taken two classes). But other than that skateboarding is such a universal thing and also really English dominated. I'm usually in a van with dudes from several different countries and the common ground is English.
You've been living in Berlin for a while now, but have recently given up your apartment, right? Where to next?
Yeah, we did. But we just found a new one, still in Berlin. We're not moving out of town. It's a sub-let, got a record player, stereo, even a piano in there! Before we were living with Steve (Forstner) but when he moved out we wanted to try to save some rent and find a cheaper place. Rent's been going up here! Even in the two years I've been in the city, it must have been at least 15-20%. Berlin seems to be the capital these days. Everyone wants to move here; everyone talks about it.
What's most different about the skating or scenes?
Compared to the US? Well, I'd say each country in Europe has it's own vibe or scene. For example kids in Austria will be more focused on the Austrian riders, they're not really going: "Oh, what's happening in France right now?" I guess the Internet is changing that a little bit of course. But I've noticed, every country here has a bunch of skaters that are really famous within its borders, and if you go to the next country and ask, no one will know these guys. In general I think most people look towards the US way too much, a lot of skate shops pretty much carry only US brands, maybe one from their country. I sometimes ask those shop guys: "Why are you doing this?! Those companies don't give a shit about your scene. They probably don't even know the name of your shop or the town you're from. Still you're paying their bills!" For sure a lot of those brands won't come to their towns doing demos or whatever. They could do much more for their scenes by supporting local brands. And there are a lot of good ones. Not saying the US brands are all shit, I'd just like to see it a bit more balanced out towards brands that actually do stuff around you and show support. I find myself more and more interested in European skating checking more and more videos from every country. Most of them definitely are more raw.
What's the best scene or city for you in Europe?
Finland, for sure. The guys that I know over there have become such good friends; just down-to-earth, no bullshit, no drama people. They just like to have some beers, skate, go to a sauna, and go to a lake… And Berlin – you know technically I've been living there for two years, but I've been gone at least half of that time. So this summer I'm planning to stay as much as I can, just a quick visit to Helsinki for the Hookup. But I definitely want to really learn German.
Ha, thought you were going to say Finnish there for a second!
Ha, no, fuck! Crazy alien language, Star Wars shit…
But now you've hooked up with the Antiz guys in France. Any French skills coming up? How did you get to know those guys?
Haha, no. Well, I met Paul (Labadie) first, in Paris at David Tura's place. Then when I went to Barcelona after, where he was living at the time, I hit him up to go skate and film because he was out every day. He knew my deal with Powell wasn't really going too well, and so he asked about Antiz. Then they invited me on a trip to meet everyone. We went to Belgium, a horrible trip! It rained ten out of eleven days. And the one day it was sunny, I was so hungover I couldn't even skate, just puked about three times instead. Still somehow they thought that was ok and invited me to be on the team.
So right now you guys are starting up a new brand, the board company called "Frank". Everyone's new best friend? Wanna tell us a little more about it? What's up with the name first of all?
Well, you know, I met Frank at a bar. He's just a good guy… It was just natural. Kinda came out of nowhere… But really, it's everything we wanted the company to be: frank. Just skateboarding, no fucking bullshit.
What's your vision with the company? What do you want to express, what do you want to "achieve" with it?
Frank's just a good guy. I hope we'll go on a long and good journey together, try to do what we like. If people like it, it's ok, if not, it's ok. The team is going to be Sebi Dorfer, Oscar Candon, Eniz Fazliov and myself. Frank likes to keep it simple. It's Frank's vision; it was always there. And I mean, I'm still new to this. Everything feels exciting and a bit scary. I'm just learning a lot. But in the long run I really just want to support guys that I felt have not had the support they should have had. Eniz is the best example. Why hasn't he been on any proper team? He's one of the greatest guys as far as a person and obviously his skating speaks for itself. Come on, two times skater of the year without even being on a proper board company! Well, I guess, the second time it must have been because people knew he was getting on Frank!
Well, Steve (Forstner) said, it was due to Eniz being on Ashes grip.
Oh, this might be true… maybe it was a mix. But anyway, Frank really wanted to support these guys on a bigger scale, give them more exposure on a European level. I really back these guys and their skating. I truly want to show respect and support to them because I think they deserve it. Just raw skateboarding; no more, no less. Not taking things so serious. We're not trying to re-invent the wheel, we just want people to know: We are frank!
Frank you very much!
Isle In Athens - Les Flâneurs
Converse: Cons Lisbon Story with Kevin Rodrigues, Jerome Campbell and more.
Kingpin Exclusive: Emerica Europe in Barcelona
Dallas Rockvam
Eniz Fazliov
Oscar Candon
The Daniel Lebrón Interview