Schulte Group Launches New Maritime Fund Manager

first_imgGerman shipping company Schulte Group has launched a new maritime fund manager, Hanseatic Capital Management (HCM).The fund manager has an investment focus on maritime real assets, specifically merchant vessels.HCM will concentrate on a commercially balanced employment strategy, which will include both shorter and period charters, depending on the vessel segments.The first fund to be launched, Hanseatic Fund VCIC Plc, aims to initially raise USD 120 million.Applying a strong focus on investor protection at all times, its investment goal is on Handysize and Supramax bulk carriers and feeder-sized container vessels aged between four and 15 years. Other types of tonnage or different sizes will be considered as well.Hanseatic Fund VCIC Plc will be regulated as an Alternative Investment Fund (AIF) by the Cyprus Securities and Exchange Commission (CySEC) in line with the relevant EU directives.The units of the Hanseatic Fund VCIC Plc also qualify as an eligible investment for the ‘Scheme for Naturalization of Investors in Cyprus by exception’, issued by the Republic of Cyprus. It therefore offers an investment opportunity in an asset class with great scope for diversification, which previously was not available under this scheme.last_img read more

Kawhi Leonard gets his ring and victory over Raptors in return to Toronto

first_imgPreviousFormer Toronto Raptors and now Los Angeles Clippers forward Kawhi Leonard, right, receives his 2019 NBA championship ring from Raptors’ Kyle Lowry prior to an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Kawhi Leonard (2) protects the ball from Toronto Raptors center Marc Gasol (33) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Kawhi Leonard (2) and Toronto Raptors guard Norman Powell (24) battle for the ball during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP) SoundThe gallery will resume insecondsToronto Raptors guard Kyle Lowry (7) is defended by Los Angeles Clippers guard Derrick Walton Jr. (10) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Kawhi Leonard (2) protects the ball from Toronto Raptors center Marc Gasol (33) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Toronto Raptors forward Pascal Siakam, center, drives between Los Angeles Clippers forward Kawhi Leonard, left, and Clippers forward Paul George during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Paul George (13) dives for a loose ball against the Toronto Raptors during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Paul George, center, dives for a loose ball between Toronto Raptors guard Kyle Lowry, left, and Raptors forward OG Anunoby during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Kawhi Leonard (2) tries to protect the ball from Toronto Raptors forward OG Anunoby (3) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Former Toronto Raptors and now Los Angeles Clippers forward Kawhi Leonard salutes the crowd as he receives his 2019 NBA championship ring prior to an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Former Toronto Raptors and now Los Angeles Clippers forward Kawhi Leonard, right, receives his 2019 NBA championship ring from Raptors’ Kyle Lowry prior to an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Former Toronto Raptors and now Los Angeles Clippers forward Kawhi Leonard, right, receives his 2019 NBA championship ring from Raptors’ Kyle Lowry prior to an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Former Toronto Raptors and now Los Angeles Clippers forward Kawhi Leonard, right, receives his 2019 NBA championship ring from Raptors’ Kyle Lowry prior to an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)Los Angeles Clippers forward Kawhi Leonard (2) protects the ball from Toronto Raptors center Marc Gasol (33) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)NextShow Caption1 of 12Los Angeles Clippers forward Kawhi Leonard (2) protects the ball from Toronto Raptors center Marc Gasol (33) during the first half of an NBA basketball game, Wednesday, Dec. 11, 2019, in Toronto. (Nathan Denette/The Canadian Press via AP)ExpandTORONTO —  Kawhi Leonard got his ring, and the Clippers got another win.Leonard scored 23 points in his return to Toronto, Lou Williams had 18 and the Clippers won their third straight game Wednesday, beating the slumping Raptors 112-92.Maurice Harkless scored 14 points and Paul George had 13 as the Clippers evened their road record at 6-6.Before the game, Leonard received his championship ring from the 2018-19 season, when he helped Toronto beat Golden State in six games for the franchise’s first NBA title. Following a pregame video tribute, Leonard’s former teammates, along with coaches and team executives, gathered in a circle at center court. As the standing-room-only crowd roared with approval, Leonard embraced each player in turn before guard Kyle Lowry presented him with his ring. After slipping it on, Leonard raised his arms and waved.“It was great, it was a great moment,” Leonard said. “They did a great job putting it together, having all the players out there that won with me, standing there and presenting the ring.“It was a special season for us, for me, for the whole city and country,” Leonard added. “I’m glad we were able to win. It was a blessing.”Before Wednesday, Leonard had only seen pictures of Toronto’s championship rings, which are the biggest in league history. Each one contains more than 650 diamonds. Leonard didn’t put it on all the way before the game, but he spent some more time with it afterward.“I sat in the locker room with it for a little bit,” he said, “just admiring it and just remembering all the memories and all the hard work that went into it.” Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Lowry, who was planning to have dinner with Leonard after the game, said he was happy to hand over the diamond-studded hardware.“He helped this franchise do amazing things and he got his ring,” Lowry said.Clippers coach Doc Rivers said Leonard was touched by the warm welcome he got from Toronto’s fans.“It meant a lot,” Rivers said. “Some players just don’t let you in but I can tell you that ovation, to him, was very heartfelt. There’s no doubt about that.“It’s always great to see guys get a ring, especially when they’re on your team now,” Rivers said before the ceremony. “This is a different one, though. It’s a really cool one because he was the leader of the group, coming back to get it in front of a crowd. I’ve never experienced it like this. This is special. It’s cool.”Clippers guard Patrick Beverley scored 11 points in 19 minutes before leaving in the third quarter because of a concussion. Beverley collided with Marc Gasol’s shoulder as the Raptors center was setting a screen.Pascal Siakam scored 24 points, Norman Powell had 22 and OG Anunoby 13 as the Raptors lost for the fourth time in five games and dropped their third straight at home. Toronto set a franchise record with nine consecutive home victories to begin the season.The Raptors last lost three straight at home between Nov. 29 and Dec. 5, 2015.The Raptors shot 8 for 36 from 3-point range, their worst mark of the season. Toronto matched a season-low with 31 field goals. They also had 31 in a Nov. 29 win at Orlando.“We’re in a period where we’re not playing very well here for about a week,” Coach Nick Nurse said.Leonard was held to 12 points, a season-low at the time, when the Raptors visited the Clippers on Nov. 11 at Staples Center. The three-time All-Star and two-time NBA Finals MVP shot 1 for 11 in that game, but the Clippers still won 98-88.Leonard shot 8 for 14 Wednesday, going 2 for 4 from 3-point range and 5 for 5 from the free-throw line.“I thought Kawhi was great,” Rivers said. “What I loved about him was he was patient. He just waited. He kept accepting the traps, he kept making the right play.”Leonard returned after sitting out Monday’s win at Indiana because of a sore left knee. He has missed seven of the Clippers’ 26 games this season.Back in Toronto for the first time since his free agency meeting with the Raptors in July, Leonard said he experienced “flashbacks” of that championship run as the Clippers drove to the arena for morning shootaround.“The ride was fun,” Leonard said of his season in Toronto. “I had a great time last year with the coaching staff, the front office, and the players. It was a great experience.“Obviously it was different playing here for a whole country, they’re all going for this one team.”Leonard averaged 30.5 points and 9.1 rebounds in 24 playoff games with Toronto. He hit a series-winning 3-pointer in Game 7 of their second-round series against Philadelphia, a shot that bounced off the rim four times before dropping.Rather than re-sign with the Raptors, Leonard chose to team up with friend Paul George and head home to Los Angeles, signing a three-year deal with the Clippers.“I’m happy to be there, having a great time,” Leonard said. “These guys are a great team right here. We’re striving for a goal and I’m having a great time.”Toronto acquired Leonard and guard Danny Green from San Antonio in July 2018, sending franchise icon DeMar DeRozan as part of the package to the Spurs. Leonard said the decision to leave the Raptors wasn’t easy.“I took my time, I didn’t hurry up and make a quick decision,” he said. “I talked to the front office in deep detail. It was a hard choice to make.”TIP-INSClippers: The Clippers improved to 14-0 this season when they outrebound their opponents. … Rivers said guard Rodney McGruder, who has missed the past seven games because of a strained right hamstring, might return Friday at Minnesota. … Williams led the Clippers with eight assists.Raptors: Lowry scored six points in the first quarter but didn’t score again, missing his final six field-goal attempts and shooting 0 for 7 from 3-point range. … Guard Fred VanVleet (right knee) sat for the second straight game. … Forward Patrick McCaw returned after missing 17 games because of left knee surgery. … Gasol led Toronto with 11 rebounds.UP NEXTThe Clippers visit the Minnesota Timberwolves on Friday at 5 p.m. PT.last_img read more

Rob Rice Homes Announces New Home Community of Chestnut Village

first_imgFacebook3Tweet0Pin0Submitted by Rob Rice HomesRob Rice Homes, located in South Puget Sound, Washington began developing Chestnut Village in February of 2013.  Rob is unique in that he does both land development and home building. “I’ve been developing residential real estate in the South Puget Sound since the early 1980s.  Having built over 3,000 homes in 18 communities, I have the expertise and knowledge to develop a community designed for living.  Chestnut Village has expansive open space tracts and landscaping coupled with an ideal location so I’m certain it will be a popular choice for many new home buyers.” stated Rob.This new home community located in Olympia Washington at the corner of Yelm Highway and Rich Road will consist of 107 new homes and is ideally located a short distance to all Olympia Schools and just minutes to downtown Olympia and area shopping.Main floor master and a variety of two story home plans ranging in size from 1,950 square feet to 2,895 square feet will be offered.  Homes will be loaded with upgrades including slab granite counters, Whirlpool stainless steel appliances, hardwood floors, white millwork and fully landscaped & fenced backyards.  Home construction is currently under way in Chestnut Village.Rob is selling new homes in seven other new home communities in the South Puget Sound area. Rob has lived in the South Puget Sound area since 1985 and resides in Olympia with his wife Helena, their two children Alex Michael and Carson.  Rob is a graduate of Washington State University with a degree in architecture and construction management.  In his spare time he enjoys coaching his son’s baseball, football and basketball teams through local Thurston County leagues.For more information on Chestnut Village contact Jeanne Tranum at Coldwell Banker Evergreen [email protected](360) 481-2255For more information about Rob Rice Homes communities, please visit our website or find us on Facebook.last_img read more