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HOUSTON , Dec. 19, 2024 /PRNewswire/ -- The Sterling Group, a Houston -based, operationally focused middle market private equity firm, is pleased to announce that John Griffin and Claudine Lussier have been promoted to Partner. "We are excited to recognize the extraordinary contributions of John and Claudine," said Brad Staller , Partner at The Sterling Group. "Each has played a critical part in Sterling's success to date. We are thrilled to celebrate their accomplishments and welcome them as Partners." John Griffin , Partner, joined Sterling in 2018 from McKinsey & Company's Houston office where he focused on strategic and operational initiatives for industrial and energy companies. John has been a leader on the PrimeFlight Aviation, West Star Aviation, Fencing Supply Group, Tangent Technologies, and Lynx FBO Network investment teams. John has also been a key member of the firm's Operations Committee, which drives continuous improvement in Sterling's own value creation capabilities. Claudine Lussier , Partner, Human Capital, joined Sterling in 2017 to lead Human Capital at Sterling and its portfolio companies. During Claudine's time at Sterling, she has contributed to a significant build-out of the team and has driven a dramatic improvement in Sterling's ability to drive value creation through the Human Capital lever. Claudine is a critical business partner to investment teams and management teams alike. To learn more about a career at The Sterling Group, please visit www.sterling-group.com/careers/ About The Sterling Group Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million . Sterling has sponsored the buyout of 73 platform companies and numerous add-on acquisitions for a total transaction value of over $24 billion . Sterling currently has $9.4 billion of assets under management. For further information, please visit www.sterling-group.com . Past performance is no guarantee of future results and all investments are subject to loss. View original content: https://www.prnewswire.com/news-releases/the-sterling-group-names-two-new-partners-302336718.html SOURCE The Sterling Group, L.P.
China’s state-run Global Times on Thursday mocked the United States as a “breeding ground for delusion” because of the furor over drone sightings in New Jersey. The Chinese Communist propaganda organ was particularly irked by House Foreign Affairs Committee chair Michael McCaul claiming the mysterious aircraft were “Chinese spy drones.” “Some American politicians seem to have a special preference for sensationalizing the ‘China threat.’ Much like the ‘spy balloon’ incident that unfolded in early 2023, the latest accusations against Chinese drones follow an old script, repackaged with new rhetoric aimed at smearing China,” the Global Times hooted. The Chinese spy balloon of 2023 was, of course, a real Chinese spy balloon, as numerous studies of its behavior have confirmed. Beijing has developed a penchant for floating suspicious balloons into the air space of adversaries – either to gather information or to test how adversaries respond to the penetration of their air defense zones. The Global Times nevertheless insisted that shooting down China’s spy balloon in 2023 turned the U.S. into a “laughingstock around the world,” and drone fever in New Jersey was another embarrassment. “From ‘spy balloons’ to ‘spy cranes’ to ‘spy drones’ ... these absurd and paranoid labels reflect the distorted and narrow-minded mentality of some U.S. politicians in their attempts to contain and suppress China,” the Global Times lectured. The “spy crane” controversy from the spring of 2023 involved U.S. military and national security officials warning that huge computer-operated cranes built and operated by China could be used for intelligence-gathering purposes. The cranes were built by a subsidiary of a leading Chinese government contractor that has been restricted from access to sensitive U.S. technology since 2020. In at least one documented instance, the FBI found “intelligence-gathering equipment” mixed with a shipment of these cranes. The regime in Beijing, and its mouthpieces like the Global Times, dismiss all concerns about Chinese espionage as groundless “paranoia” no matter how much evidence stacks up. Every U.S. official who warns about threats from China is dismissed as a mindless hatemonger seeking to gin up “anti-China sentiment” for political gain. The Global Times revealed the most pertinent reason it was assigned to mock the New Jersey drone story: The accusations against “Chinese spy drones” coincide with a recent move in the U.S. Senate, where a provision within the National Defense Authorization Act for Fiscal Year 2025 aims to create mechanisms for further oversight and prohibition of the use of Chinese drones. The bill seeks to add Chinese drone companies to the Federal Communications Commission’s “Covered List,” which would prevent their use in telecommunications industries. Proponents of the bill argued that the U.S. should ban Chinese drones, claiming that these drones pose a threat. Undoubtedly, some U.S. politicians, by fostering continuous fear of a specific “other,” are pushing political agendas that serve their private interests. The result is that the U.S. ultimately bears the costs. American industrial insiders have told the media that 90 percent of public safety agencies in the U.S. and globally are already using Chinese drones. If the bill goes fully through and prohibits the use of Chinese drones, it would be catastrophic. The drone ban is also opposed by U.S. farm groups, who consider Chinese drones to be better, cheaper, more capable, and more reliable than U.S.-made alternatives, arguing that it would cripple U.S. agriculture. The Senate voted 83-12 on Tuesday to hold a full vote on the National Defense Authorization Act (NDAA), a huge bill whose many provisions do indeed prohibit the use of Chinese drones, call for an investigation of two major Chinese drone manufacturers, and encourage both the U.S. and its allies to become less reliant on China for unmanned aerial vehicles (UAV). The NDAA’s language on Chinese drones was adapted from legislation introduced by two Republican senators, Elise Stefanik (R-NY) and Rick Scott (R-FL). Stefanik on Tuesday amusingly referred to drones from China’s titanic DJI corporation as “TikTok, but with wings” – a jab at China’s notoriously insecure and surveillance-prone TikTok social media platform. Many Americans do not realize how dominant Chinese companies have become in the drone market. VOA cited estimates that DJI alone controls almost 90 percent of the U.S. market, in part because it undercuts prices from American manufacturers by 50 percent or more. DJI representatives have denounced U.S. efforts to restrict or ban their products as “protectionism.” As echoed by the Global Times piece on drone hysteria, the company insists its cheap drones have become indispensable to entire American industries. It also claims its drones do not forward any data to the Chinese government or military. As for whatever is going on in the skies above the Garden State, there are still many theories but few hard facts. Rep. McCaul did say on Tuesday that at least some of the mystery craft could be “spy drones” from China. “We need to identify who is behind these drones. My judgment based on my experience is that those that are over our military sites are adversarial and most likely are coming from the People’s Republic of China,” McCaul told reporters. “I believe they’re spy drones and the PRC, and Communist China is very good at this stuff. We know they bought land around military bases. This would be very consistent with their policy over the past couple years,” he said. McCaul clarified that he believes there could be several different origins for the unidentified drones. The objects appearing over military installations, such as Picatinny Arsenal and Naval Weapons Station Earle, are the ones he most suspects of being Chinese spy drones. “We assess that the sightings to date include a combination of lawful commercial drones, hobbyist drones, and law enforcement drones, as well as manned fixed-wing aircraft, helicopters, and stars mistakenly reported as drones,” the FBI, Federal Aviation Administration (FAA), Pentagon, and Department of Homeland Security (DHS) said in a joint statement on Monday.
The elderly woman, whose name has not been disclosed, had set out from her home early in the morning for a routine walk in her neighborhood. However, due to a momentary lapse in concentration, she took a wrong turn and soon found herself disoriented and lost in an unfamiliar part of town. Undeterred by her age and the scorching heat, she continued walking in the hope of finding her way back home.
As the release date for the reprint draws near, speculation and excitement continue to build within the gaming community. Fans have taken to social media and online forums to share their theories, memories, and hopes for the upcoming release, with debates raging over the best strategies, favorite characters, and lingering mysteries of Tarlos's Tower. Whether you're a seasoned player looking to revisit a beloved classic or a newcomer eager to embark on your first magical journey through the Tower of Tarlos, the reprint of Tarlos's Law promises to be an event that no gaming enthusiast should miss.
9. Sergej Milinkovic-Savic (Lazio) - The Serbian midfielder has been a standout performer for Lazio in Serie A. Talks of a contract renewal have been ongoing, but uncertainty remains over whether Milinkovic-Savic will stay at the club.
Green Courte Partners Acquires Active-Adult Community Located in Atlanta, Georgia, MSA
Li Xiang, a well-known television host and actress, took to her social media platform to document her daughter's experience of preparing for her driver's license. Photos and videos of her daughter practicing driving and taking driving lessons quickly gained attention online, with many netizens praising Li Xiang's hands-on approach to parenting. However, some critics pointed out the extravagance of using high-end cars for driving lessons, questioning whether it was necessary or appropriate.
Pep Guardiola admits the buck stops with him as Manchester City bid to arrest their dramatic slump in form. The champions crashed to a fifth straight defeat in all competitions – something not experienced by the club in more than 18 years – as they were thrashed 4-0 by Tottenham at the Etihad Stadium on Saturday. The loss, which was also a third in succession in the Premier League and shattered a 52-game unbeaten home run, damaged the club’s hopes of winning an unprecedented fifth title in a row. It is the worst run of Guardiola’s glittering managerial career and the City boss, who extended his contract until 2027 last week, is determined to turn the situation around. The Catalan said: “When we start to lose I say to the people I have to find a way, I have to. It’s my duty, my responsibility, to find a way to be more consistent, that our game will be better and win games. “This is what we have to do.” City have been hampered by injuries to key players in recent weeks, particularly by the absence of Ballon d’Or-winning midfielder Rodri, who has been sidelined for the remainder of the season. Problems have emerged at both ends of the field with a lack of clean sheets – just five in 19 outings this term – and a shortage of goals being scored on occasions, like Saturday, when the prolific Erling Haaland has an off-day. Guardiola said: “We don’t expect to lose important players but it’s happened and you have to find a way. We have to find other abilities. “I don’t think we didn’t create enough chances. We created a lot of chances, clear ones at 0-0, 0-1, 0-2. “Of course we want a lot of players to score but it’s happened now. “I know at the Etihad when we are there and we score goals our momentum is there, but now we are not solid enough. That is the truth. “In both sides normally we are solid but we concede the goals. Now in both sides we are not good enough. “In these situations, what do you have do to? Keep going my friends, keep going. “We have done it in the past – not in terms of results being as bad as now – but we have done it and we face the situation and move forward.”
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Furthermore, the recent strength in the Chinese yuan and improvements in market liquidity have provided additional support to the A-share market, creating a favorable environment for investors to increase their exposure to domestic equities.Walmart apologizes after shopper was ‘kicked out of line’ for items – and it’s all because of new policyDespite the long hours and occasional challenges that came with creating the new hairstyle, Xiang Zuo and Xiaohua's unwavering enthusiasm and positivity never wavered. Their dedication to the task at hand, as well as their genuine enjoyment of each other's company, shone through and resonated with viewers who watched in awe.
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