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Praesidian Capital and Universal Holding Group Announce Joint Venture to Provide Equity Capital to Minority-Owned Small Businesses

Share this article Share this article NEW YORK, April 1, 2021 /PRNewswire/  Praesidian Capital, a leading middle market private equity firm and Michael Fernandez, long standing successful entrepreneur, today announced a joint venture, Universal Holding Group ( Universal ), which will seek equity investments in minority-owned small businesses.   Since 2002, Praesidian has invested more than $850 million in 85 small businesses located across the country in a variety of sectors including niche manufacturers, distributors and service providers.  Nearly 40% of the investments were made in companies that were women, minority, or veteran owned and on average, annual revenues increased by 30% since the initial Praesidian investment.  Praesidian has also been very active over the years in the Small Business Administration s SBIC Program with two of its five funds receiving leverage from the SBA.

AHI President Holds Power Chat with Greece s Defense Minister at Ideagen Summit | archive , community , associations

Εθνικός Κήρυξ American Hellenic Institute (AHI) President Nick Larigakis held a Power Chat with Greek Minister of National Defense Nikos Panagiotopoulos at the Ideagen Global Leadership Summit. Photo: American Hellenic Institute 4/1/2021 The National Herald      WASHINGTON, DC – American Hellenic Institute (AHI) President Nick Larigakis held a Power Chat with Greek Minister of National Defense Nikos Panagiotopoulos at the Ideagen Global Leadership Summit. The Power Chat aired March 23 on Ideagen TV, drawing nearly 1,600 views. The Power Chat focused on developments in the Eastern Mediterranean and Aegean and the state of U.S.-Greece security and defense cooperation. President Larigakis set the table by demonstrating how Greece is viewed as a pillar of stability in the Eastern Mediterranean amid an unstable region.

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