Pension fund seeks info for €950m EM govvie mandate via IPE Quest

first_imgA pension fund has launched a request for information on IPE Quest in relation to a potential mandate to invest €950m in sovereign local currency emerging market debt.According to search QN-2578, the investor is interested in receiving information from asset managers with experience managing such a mandate in an “enhanced manner,” aiming to replicate key criteria of the benchmark with lower turnover and lower transaction costs.It said it might change the benchmark of the mandate to include hard currency debt from emerging market sovereigns.Responses to the request for information will inform the pension fund’s longlist of managers, which it said would be cut down to two to three managers following a comprehensive analysis. It will carry out site visits to managers on the shortlist and perform reference checks on them. Managers must have a code of conduct to be able to be considered for the next round of the selection process, as well as an ISAE 3402 Type II or AAF 01/06 quality certification or equivalent.The deadline for responses to the request for information is 19 December. Applicants should state performance to 31 October 2019 gross of fees.The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email [email protected]last_img read more

Warriors-Thunder cheatsheet: Here comes a red-hot OKC team

first_imgAfter losing all three games during their Texas Three Step road trip (read about those here, here and here), can the Warriors (12-6) get back on track against the red-hot Thunder (10-6)?When/Where: Oracle Arena, 7:30 p.m.Projected Thunder starters: Russell Westbrook, Paul George, Steven Adams, Jerami Grant, Hamidou DialloHow the Thunder are doing: After losing their first four games of the season, the Thunder come into Wednesday’s game one of the hottest teams in the Western Conference, …last_img

Grief Brought to Numbers: Poetry Defies the Trend Toward E-Books

first_imgTags:#art#E-Books#NYT#web curt hopkins Related Posts 5 Outdoor Activities for Beating Office Burnout 12 Unique Gifts for the Hard-to-Shop-for People… 9 Books That Make Perfect Gifts for Industry Ex… Copper Canyon has received a $100,000 grant from the Paul G. Allen Family Foundation to develop e-book formats like EPUB to a point where they will organically accept the specific needs of poetry. Google Books has scanned the living daylights out of everything they can get their hands on. Not everyone has been thrilled by the prospect. Still, Google is a screaming metal juggernaut filled with brainiacs who are not afraid of weird ideas. Although nothing is cooking in the poetry e-book area so far as I know (how far down on someone’s 20% would that project be?), you never can tell. And now for something completely differentAs a published (though not nearly published enough) poet, I have a vested interest in seeing my poems, and that of others, out. The more poetry the better. Not only is it what I value, and what I personally dig, but it will benefit me as a poet. But poetry e-books are so far down the list of what poets and publishers should be spending their time on I can hardly express it. A group of poetic ne’er-do-wells I’ve belonged to for years, the Big Time Poetry Theatre, spent years giving readings, off-book, everywhere from street corners to bars to theaters. One time in particular I remember putting up a poster (ask your parents) for a big show we were putting on full of rock bands, lecturers, dancers and poets, when a guy came up and said, “I remember you guys. After I heard you do ‘Song of Myself’ I went out and bought a recording of James Earl Jones reading ‘Leaves of Grass.’”Why’d he buy an audio book? Because if a poem doesn’t leave you breathless, it’s a diary entry. The technology is already there, in spades, to publish poetry in audio files of different sorts. Poetry is, in the end, the deformation of air in patterns. It should be out loud. There’s nothing wrong with a book of poetry, but if it can’t live in the air it’s a hothouse flower. We’ve got enough of those. If you’re not familiar with recorded poetry, the Internet is rife with options. So by all means, keep working on adapting e-books for poetry. If you want. In the meantime, publishers, push the thousands of ways a customer can “read” a sound file. Vinyl, CDs, streaming audio, downloads to computers, tablets, laptops, phones. Given the extraordinary resurgence in vinyl, start pumping out Deborah Garrison, David Berman, Derek Walcott on LPs! Get musicians together to cut a record of their favorite poems. Salon’s got a rather generous poetry audio section, featuring everyone from Dylan Thomas to ee cummings to Wanda Phipps to Billy Childish to Langston Hughes. Poetry Foundation features a “poem of the day” and other audio programs that feature recited poetry spanning the range from Weldon Kees to Ben Johnson to Ho Xuan Huong. Audible‘s poetry section has Derek Jacobi reading English poetry, Richard Burton reading Donne, Coleridge and (blarf) Hardy and the poetry of Anne Sexton. Here’s the important thing. Until people realize you can rock your obscure object of desire back on his or her heels and straight into the sack by memorizing and reciting poems, no amount of technology will make a bit of difference.But once they do, oh my…Reading photo by Rhymes | Deux Magots photo by Chris Pomeroy | Asphodel screen from 4 Keys to a Kid-Safe App “Grief brought to numbers cannot be so fierce,For he tames it who fetters it in verse.” — John DonneIn advance of National Poetry Month, Publishers Weekly has published an essay by Craig Morgan Teicher on a significant obstacle in the move toward e-publishing. Well, maybe it’s not significant. It’s poetry. Poetry is the red-headed step-child of publishing, always last in the queue for its bowl of gruel. But finally, it’s gruel-time. The main poetry publishers, including Graywolf, Copper Canyon, BOA, Coffee House and Wesleyan “will make at least some of their books available as e-books by the fall.” But there’s a problem. As adaptable and dynamic as EPUB and other e-book publishing formats may be, they are, as the bard said, crap at preserving line breaks. For those of you whose education did not include poetry (i.e., for all of you) line breaks are indispensable to poetry. It’s not merely a stylistic convention, it’s a sonic one. (Think of a line break as a modulating comma, period or dash depending on the context.) Especially in an era when a poet is more likely to be able to write XML than metrical verse, line-breaks in contemporary poetry are one of the few elements that sustain any sort of architecture in a poem. (Turn a poem from a feeling into an artifact.)But whether it’s George Herbert, Wu Tsao or David Berman a poet is crippled without the ability to create the script of a poem in the way he or she hears it in the imagination. To crib a stunt from PW, take a look at these two versions of a part of Williams’s, “Asphodel, That Greeny Flower.”“My heart rouses thinking to bring you news of something that concerns you and concerns many men. Look at what passes for the new. You will not find it there but in despised poems. It is difficult to get the news from poems yet men die miserably every day for lack of what is found there.” Now this one.Because of the relative lack of popularity, and profitability, of poetry in the modern age, and the difficult hand-coding a format like EPUB needs (even then it seems to be more at the whim of a transcorporated entity than the most metaphysical verse), most poetry has yet to see the inside of an e-book and most won’t, at least no time soon. Publishers Weekly outlines a few possible solutions. I have a couple of my own, but we’ll get to that. SolutionsAmpersand, a free smartphone and iPad app from Bookmobile, creates beautiful text. In PDF, wrapped in DRM. So, is it really an e-book? Seems to me that it’s a document you can read on a smartphone or tablet. Some publishers are getting behind this tech. But I wonder if people who are excited about the benefits of the e-book format, as outlined by our own dear leader, Richard, will be that excited about something that is so static. At least it preserves the art of the book’s design. Kind of. It will be available at the Bookmobile store this coming summer. last_img read more

Fastly edge cloud platform files for IPO

first_imgLast week, Fastly Inc., a provider of an edge cloud platform announced that it has filed its proposed initial public offering (ipo) with the US Securities and Exchange Commission. Last year in July, in its last round of financing before a public offering,  the company raised $40 million investment. The book-running managers for the proposed offering are BofA Merrill Lynch, Citigroup, and Credit Suisse. William Blair, Raymond James, Baird, Oppenheimer & Co., Stifel, Craig-Hallum Capital Group and D.A. Davidson & Co. are co-managers for the proposed offering. Founded by Artur Bergman in 2011, Fastly is an American cloud computing services provider. Its edge cloud platform provides a content delivery network, Internet security services, load balancing, and video & streaming services. The edge cloud platform is designed from the ground up to be programmable and to support agile software development. This programmable edge cloud platform gives developers real-time visibility and control by stream logging data. So, developers are able to instantly see the impact of new code in production, troubleshoot issues as they occur, and rapidly identify suspicious traffic. Fastly boasts of catering to customers like The New York Times, Reddit, GitHub, Stripe, Ticketmaster and Pinterest. The company, in the unfinished prospectus shared how it has grown over the years, the risks of investing in the company, what are its plans for the future, and more. The company shows a steady growth in its revenue, while in December 2017 it was $104.9 million, it increased to $144.6 million, by the end of 2018. Its loss has also shown some decline from $32.5 million in December 2017 to $30.9 million in December 2018. Predicting its future market value, the prospectus says, “When incorporating these additional offerings, we estimate a total market opportunity of approximately $18.0 billion in 2019, based on expected growth from 2017, to $35.8 billion in 2022, growing with an expected CAGR of 25.6%.“ Fastly has not yet determined the number of shares to offered and the price range for the proposed offering. Currently, the company’s public filing has a placeholder amount of $100 million. However, looking at the amount of funding the company has received, TechCrunch predicts that it is more likely to get closer to $1 billion when it finally prices its shares. Fastly has two classes of authorized common stock: Class A and Class B. The rights of both the common stockholders are identical, except with respect to voting and conversion. Each Class A share is entitled to one vote per share and each Class B share is entitled to 10 votes per share. Class B shares are convertible into one shares of Class A common stock. The Class A common stock will be listed on The New York Stock Exchange under the symbol “FSLY.” To read more in detail, check out the ipo filing by Fastly. Read Next Fastly open sources Lucet, a native WebAssembly compiler and runtime Cloudflare raises $150M with Franklin Templeton leading the latest round of funding Dark Web Phishing Kits: Cheap, plentiful and ready to trick youlast_img read more