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NEW YORK and SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM) , a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has promoted Rotem David , Parul Dubey, Sharif Khaleel , and Chris Setaro to new roles on its Executive Leadership Team. Rotem David has been promoted to Chief Product and Technology Officer (CPTO) . At NPM, he is an active member of the company's Executive Leadership Team. In Mr. David's new role, he will lead NPM's product and technology divisions worldwide, responsible for setting and executing the product roadmap as well as effectively bridging the gap between product vision and technical feasibility. He will oversee tech infrastructure, engineering, QA, and product. Mr. David has spent more than 10 years building out NPM's portfolio of products which offers liquidity and data across various transaction and client types. Prior to NPM, he held lead engineering roles at SecondMarket and Nasdaq, Inc and is credited with helping to pioneer the first tender offer solution revolutionizing the way private companies provide secondary liquidity to their shareholders. Parul Dubey has been promoted to Managing Director and Head of the Private Client Group . In her new role, she now joins the Executive Leadership Team. Ms. Dubey will lead the development of NPM's retail business to service individuals, family offices, and mid-sized entities. Previously, she was General Manager of the Capital Markets division, where she helped build the business from inception. Ms. Dubey was instrumental in launching several capstone products, including buy-side auctions and SecondMarketTM. Prior to NPM, she worked at Wellington Management as an Investment Specialist responsible for global fund launches and distribution for private equity and healthcare hedge funds. Ms. Dubey also held investment roles at a buyout firm and served on the Board of Steven Feller P.E. (a portfolio company). She started her career at PIMCO, servicing managed separate accounts for sovereign wealth funds, central banks, and family offices in the Middle East and Africa. Sharif Khaleel has been promoted to Managing Director and Head of Institutional Trading . At NPM, he is an active member of the company's Executive Leadership Team. In his new role, Mr. Khaleel will lead the trading desk, overseeing relationships with institutional clients and broker-dealers. He has nearly 25 years of financial services experience. Prior to NPM, Mr. Khaleel was a Managing Director at Zanbato, where he specialized in executing institutionally sized blocks of private securities. Earlier in his career, he served as a Senior Portfolio Trader at BNY Mellon. Mr. Khaleel has also held various roles on the buy side, including Derivatives and Risk Analyst at Stillwater Investment Management, Senior Trader at Farallon Capital Management, and International Portfolio and Macro Trader at BlackRock, where he spent over four years. Chris Setaro has been promoted to Chief Compliance, Regulatory, and Risk Officer . At NPM, he is an active member of the company's Executive Leadership Team. Mr. Setaro will now oversee all compliance, regulatory affairs, and risk management functions for the company worldwide. Prior to NPM, he was a Senior Vice President and the Head of Global Risk at Forge Global Inc. Previously, Mr. Setaro was the Global Chief Compliance Officer of SharesPost, Inc. and Chief Compliance Officer for its broker-dealer subsidiary SharesPost Financial Corporation. Earlier in his career, he was a Vice President at Nasdaq, Inc. serving as the Chief Compliance Officer for several of its broker-dealers. "As our business continues to evolve, we are focused on adding talented people and valuable resources to strengthen our company and core products. I am confident that Rotem, Parul, Sharif, and Chris will each position us for continued success and accelerate our ambitions to be a key partner to participants across the private market ecosystem," said Tom Callahan, Chief Executive Officer, Nasdaq Private Market . "I am proud of their commitment to NPM thus far and look forward to their future contributions." NPM partners with some of the world's fastest-growing, venture-backed private companies to facilitate company-sponsored liquidity programs. Its electronic SecondMarket TM trading marketplace is gaining adoption by sellers and buyers who trade private company shares. The company's Transfer and Settlement product efficiently manages share transfer activity from match through settlement for some of the most sophisticated private companies and investors. Its private market premium data product Tape DTM helps investors and entities better evaluate global investment opportunities. As an industry-leading provider in the secondary market, NPM has executed $55+ billion in transactional value across 760+ company-sponsored liquidity programs for venture-backed private companies as well as 200,000+ individual eligible shareholders and investors. About Nasdaq Private Market Nasdaq Private Market provides liquidity solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. In 2013, the company was founded within Nasdaq, Inc. Today it is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at www.nasdaqprivatemarket.com . Visit LinkedIn and X for the latest company news. Media Contacts Nasdaq Private Market Amanda Gold Chief Marketing Officer Amanda.Gold@npm.com Disclosures and Disclaimers NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Spears' 31 lead UTSA past Houston Christian 78-71
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COLUMBUS, Ohio (AP) — Dominic Zvada kicked a 21-yard field goal with 45 seconds left and Michigan stunned No. 2 Ohio State 13-10 on Saturday, likely ending the Buckeyes ’ hopes of returning to the Big Ten title game. Late in the game, Kalel Mullings broke away for a 27-yard run, setting up the Wolverines (7-5, 5-4) at Ohio State’s 17-yard line with two minutes remaining. The drive stalled at the 3, and Zvada came on for the chip shot. Ohio State (10-2, 7-2, No. 2 CFP) got the ball back but couldn’t move it, with Will Howard throwing incomplete on fourth down to seal the Wolverines’ fourth straight win over their bitter rival. This loss might have been the toughest of those four for Ohio State because the Wolverines were unranked and were wrapping up a disappointing season. The Buckeyes were supposed to win, but records rarely mean much when these two teams meet. Ohio State needs No. 4 Penn State and No. 10 Indiana to lose later Saturday in order to make it into the Big Ten title game next week. NASH.VILLE, Tenn. (AP) — Nico Iamaleava threw for 257 yards and four touchdowns rallying No. 7 Tennessee from a 14-point deficit within the first five minutes to rout in-state rival Vanderbilt. The Volunteers (10-2, 6-2 Southeastern Conference; No. 8 CFP) needed a big victory to impress the College Football Playoff committee enough to earn a home playoff game in December. They beat Vanderbilt (6-6, 3-5) for a sixth straight season. Better yet, they rebounded from a nightmare start giving up the first 14 points by scoring 29 straight points. They led 24-17 at halftime on Iamaleava’s first three TD passes. Junior Sherrill returned the opening kickoff 100 yards for a touchdown for Vanderbilt to stun a mostly orange crowd. Dylan Sampson fumbled on the Vols’ second play from scrimmage, and Sedrick Alexanader’s 4-yard TD run on a 26-yard drive put Vandy up 14-0 quickly. CLEMSON, S.C. (AP) — LaNorris Sellers’ 20-yard touchdown run with 1:08 to play gave No. 16 South Carolina its sixth straight win, a victory over 12th-ranked Clemson. Sellers, a freshman in his first season as starter, finished with 166 yards rushing and two scores as the Gamecocks (9-3, 4-1 SEC, No. 15 CFP) continued a run that has seen them defeat four ranked opponents this month. Clemson (9-3, 5-2 ACC, No. 12) drove to the South Carolina 18 with 16 seconds left — well within reach of a tying field goal — when Cade Klubnik was intercepted by Demetrius Knight Jr. The Gamecocks, who were 3-3 after losing at Alabama in mid-October, have given the College Football Playoff selection committee plenty to consider with their second-half charge. Much of the credit goes to the maturing Sellers, who has played with poise under most circumstances. He shook off an early fumble and a late interception in this one as South Carolina won its second straight at rival Clemson. CHICAGO (AP) — Aidan Laughery rushed for three touchdowns and No. 22 Illinois topped Northwestern to reach nine victories for the first time since its 2007 Rose Bowl season. Pat Bryant dashed in to score off Luke Altmyer’s 43-yard pass early in the third quarter as Illinois (9-3, 6-3 Big Ten) struck for touchdowns just over 4 minutes apart early in the third quarter to open a 28-10 lead in what had been a tight game. Altmyer, who threw for 170 yards, had a TD himself on a keeper from the 1-yard line early in the second quarter. David Olano added a field goal in the fourth to cap Illinois’ scoring. Laughery, a sophomore running back, rushed for a career-best 172 yards and topped 100 for the first time. He entered with only one TD this season and two for his career. He had a career-long 64-yard run for a score early in the second half. Northwestern’s Devin Turner intercepted Altmyer twice, including for a 13-yard touchdown return late in the first quarter. Thomas Gordon caught Jack Lausch’s 15-yard TD pass with a minute left, then the Wildcats added a two-point conversion to complete the scoring. WEST POINT, N.Y. (AP) — Bryson Daily tied the American Athletic Conference record for single-season touchdowns and threw for a season-high 190 yards and a score to lift No. 25 Army to a 29-24 win over UTSA. Army (10-1) finished the regular season 8-0 in the AAC and earned the right to host the championship game on Friday. Daily rushed for 147 yards, his academy-record ninth straight 100-yard game, and two touchdowns. Casey Larkin sealed Army’s 10th victory of the season, picking off Owen McCown at the Black Knights’ 10 with 1:14 left. Daily scored his conference-tying 25th rushing touchdown, a 42-yard run on the second play following Matteson’s pick with 10:26 remaining in the game Army finished its regular-season home schedule with a perfect 6-0 record. UTSA fell to 0-6 away from the Alamodome.
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Philadelphia Contractor Sentenced for $327K Tax Evasion—Here’s What HappenedContinuity Recipe for national success is simple yet powerful: good leaders and long tenures No zero-sum political theatrics, please. No idle shipping containers blocking roads, disrupting lives, and choking the economy, please. Absolutely no disruptive dharnas that paralyse cities. What Pakistanis desperately need are three things: stability, predictability and, above all, continuity of policies. Continuity of policies will provide Pakistan with three critical benefits: attracting investment, fostering sustainable growth, and securing a brighter future for its citizens. Zero-sum political agendas should never be allowed at the expense of national progress. Good leaders – whether uniformed or not – unite people. Bad leaders divide them. Good leaders harness shared values and meaningful connections to foster unity. Bad leaders exploit societal divisions. Bad leaders sow discord. Good leaders – whether uniformed or not – uplift society by healing its wounds; bad leaders exacerbate them. Park Chung-hee, a South Korean politician and former general, served as the country’s third president for 17 years. While his authoritarian rule remains controversial, it was marked by a remarkable continuity of policies that spurred rapid industrialisation and economic growth. Under his leadership, South Korea’s GDP per capita soared from $87 in 1962 to $1,481 in 1980 – an extraordinary 18-fold increase. Lee Teng-hui served as Taiwan’s president for a transformative 12-year period. Lee Teng-hui provided Taiwan with continuity of leadership and continuity of policies. He steered the island's economy away from labour-intensive industries and towards a technologically advanced, high-value manufacturing model. Under his leadership, Taiwan experienced remarkable economic growth, with GDP per capita surging from a modest $6,300 in 1988 to a substantial $15,000 by 2000. Deng Xiaoping's 11-year tenure as China's paramount leader was marked by the 'Reform and Opening Up' policy. Deng, a former military leader, introduced market-oriented economic reforms and opened China to foreign investment. Deng prioritised political stability and social harmony, recognising their importance for economic development. As a result of these reforms, China's GDP per capita soared from $156 in 1978 to $1,400 in just 11 years. Sukarno, a former military officer, led Indonesia for 22 years. While his economic policies were often inconsistent and hindered by political instability, he played a crucial role in laying the foundation for Indonesia's industrialisation and modernisation. Sukarno's ambitious development plans, such as the construction of large-scale infrastructure projects, aimed to modernise the country and improve the lives of its people. Lee Kuan Yew served as Singapore's prime minister for 31 years. Lee had a strong grasp of discipline and strategy. Lee transformed Singapore from a small, impoverished British colony into a global financial hub with one of the highest standards of living in the world. Conclusion: The recipe for national success is simple yet powerful: good leaders and long tenures. Good leaders unite, inspire, and implement forward-looking policies, while long tenures ensure the continuity needed to see those policies bear fruit. Together, they provide the stability and vision essential for lasting progress. In an era of rapid global change, the ability to maintain political stability and economic growth is more crucial than ever. Pakistan, with its immense potential, can realise its destiny if it embraces this simple yet powerful principle: good leaders and long tenures. The writer is a columnist based in Islamabad. He tweets/posts @saleemfarrukh and can be reached at: farrukh15@hotmail.comLamiju Akala’s Bill To Create New Oyo State Clears Second Reading
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Quebec’s health minister has tabled a bill that would force new doctors trained in the province to spend the first five years of their careers working in Quebec’s public health network. Doctors who enter the private sector or move outside the province within that period would face fines up to $200,000 per day. Health Minister Christian Dubé says his bill addresses the rising number doctors who are leaving the public system for the private one. He says training a new doctor costs the government a total of between $435,000 and $790,000, including for residency, adding that doctors have a duty to care for the people who paid for their studies. The province has said the number of doctors working exclusively in the private sector has increased by 70 per cent since 2020, and that the trend is especially notable among new doctors. Members of the opposition parties in the legislature expressed support for the bill, which won’t be studied before the next session begins in January. A spokesperson for Dubé said last month that 400 of the 2,536 doctors who completed their studies between 2015 and 2017 have left Quebec for other jurisdictions. There are currently 2,355 doctors trained in Quebec practicing in Ontario, including 1,675 who attended McGill University.Two Venezuelan gang members arrested in NYC for viral 'takeover' of Colorado apartment
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