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Gift City New Incentives to Set Up AIF's in India's First International Financial TEC City


Tuesday, April 13, 2021
Introduction
Over the past few months there has been a flurry of developments involving the Gujarat Internal Finance Tech-City (“GIFT City”). New guidelines are being issued and MOUs executed with financial institutions on a weekly basis, all with the aim of incentivizing overseas financial institutions and overseas branches /subsidiaries of Indian financial institutions to bring to Indian shores those financial services transactions that are currently carried on outside India. The underlying key to this incentivization is the International Finances Services Centre (“IFSC”) which is set up in the special economic zone (“SEZ”) within GIFT City. While the IFSC is technically located on Indian soil, it is considered an offshore jurisdiction for foreign exchange purposes, allowing investors to invest in businesses located within the IFSC without having to comply with India’s foreign exchange regime. Special tax incentives have al ....

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Mirova Appoints Lindsey Apple as Proxy Voting and Engagement Lead


Press release content from Business Wire. The AP news staff was not involved in its creation.
Mirova Appoints Lindsey Apple as Proxy Voting and Engagement Lead
April 13, 2021 GMT
BOSTON (BUSINESS WIRE) Apr 13, 2021
Mirova, a global investment affiliate of Natixis Investment Managers with $24 billion in assets under management1 specializing in sustainable finance, today announced the addition of Lindsey Apple as Proxy Voting and Engagement Lead at Mirova US. In her new role at Mirova, based in Boston, Apple will collaborate with portfolio managers and management on voting and engagement decisions in the US and in Europe. She will lead the firm’s voting policy as regulations, market practices and Mirova’s philosophy evolve. Apple will also carry out Mirova’s voting process during voting season while developing a dialogue with regulators, investors, and clients. Her role is crucial to Mirova’s commitment to Sustainable Investment and its objective to combine ....

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Loomis Sayles Welcomes Susan Sieker as Chief Financial Officer


Press release content from Business Wire. The AP news staff was not involved in its creation.
Loomis Sayles Welcomes Susan Sieker as Chief Financial Officer
April 12, 2021 GMT
BOSTON (BUSINESS WIRE) Apr 12, 2021
Loomis, Sayles & Company, an affiliate of Natixis Investment Managers, announced today that Susan Sieker has joined Loomis Sayles as executive vice president and chief financial officer (CFO). She also joins the Loomis Sayles Board of Directors. Susan reports to Kevin Charleston, chairman and chief executive officer of Loomis Sayles, and will oversee the finance organization.
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Susan joins Loomis Sayles from Cambridge Associates, where she was the chief financial officer and oversaw financial planning and analysis, treasury, accounting operations, financial reporting, payroll and taxes. Prior to joining Cambridge Associates in 2012, Susan served in a variety of finance and risk leadership roles at Brinker International, including vice p ....

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