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Why this artist paints rocking chairs for children across North Georgia
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Rossignol Appoints Lead Sales For Dynastar And Lange Brands
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Richmond investment management firm TSW to be acquired for $320M
Michael Schwartz photo)
A longtime Richmond investment management firm has found its latest suitor by way of Australia.
Thompson, Siegel & Walmsley, also known as TSW, is set to be acquired by Pendal Group for $320 million, the companies announced this week.
Headquartered in the West End, TSW has $23.6 billion in assets under management, adding to $21.1 billion which Pendal manages in the U.S. under its J O Hambro Capital Management subsidiary.
The deal, expected to close later this year, will give Pendal ownership of 100 percent of TSW, including the 25 percent owned by TSW management and the other 75 percent owned by investment management firm BrightSphere.
Washington’s tech industry hasn’t been immune to the pandemic. Companies such as the IT giant DXC and the event-organizing platform Cvent cut jobs amid the slowdown. But some, including the hot cloud-computing company Appian, committed to hundreds of new hires.
Indeed, plenty of other good business news came from Washingtonian’s Tech Titans during the past year. Our 2021 winners who were selected through both reporting and an informal process of nominations from their peers managed to start up new and innovative companies, close on huge funding rounds, ink massive contracts, and announce initial public offerings.
Some of this year’s Tech Titans expanded their companies not only in spite of the pandemic but because of it. Michael Chasen, founder of the “edtech” firm Blackboard, leveraged the demand for at-home education to launch Class, a company that creates virtual classrooms using Zoom. Class has already raised more than $40 million. Blake Hall, founder of ID.me, wh
Melrose, Wis. (WKBT) – La Crosse law enforcement launched an investigation into a call that forced several emergency crews to respond to a home near Melrose-Mindoro High School Sunday night. A calm final February night turned into chaos for La Crosse County emergency responders.
La Crosse County Sheriff Dispatch received a call about a potentially dangerous situation close to Melrose Mindoro High School. Several La Crosse County Sheriff’s deputies, Gundersen Air, Town of Farmington Fire and First Responders, Tri-State Ambulance, and State Patrol arrived at the property. Investigators revealed the truth behind the call.
“They provided law enforcement with details involving weapons and crimes that did not occur,” Sgt. Joe Kernin said Sunday night, from the La Crosse County Sheriff’s Office.
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