Categoría: Influencers

Essential Worker Honors Family Heritage and Generous American Spirit, Delivering Hope in a Mitsubishi Outlander

FRANKLIN, Tenn., March 9, 2021 /PRNewswire/ — Jack Chalensouk’s family, like millions before them, came to America for a better life. Growing up, his parents instilled a quiet confidence and a deep sense of civic responsibility in their children. When his sister, Kathryn, told him about an opportunity to give back to a Native American community hit especially hard by the COVID-19 pandemic, Jack waited until a break in his schedule as a mail carrier, loaded up his Mitsubishi Outlander with essential…

FRANKLIN, Tenn., March 9, 2021 /PRNewswire/ — Jack Chalensouk’s family, like millions before them, came to America for a better life. Growing up, his parents instilled a quiet confidence and a deep sense of civic responsibility in their children. When his sister, Kathryn, told him about an opportunity to give back to a Native American community hit especially hard by the COVID-19 pandemic, Jack waited until a break in his schedule as a mail carrier, loaded up his Mitsubishi Outlander with essential supplies, and hit the road.

In his words, «I didn’t have a lot growing up. My parents were war refugees; we lived on food stamps. Growing up in that type of environment, whenever you see another community in need, it makes you want to help out.» The pair drove all night – from Southern California where he lives, to Las Vegas where his sister lives, and arriving at the remote Hopi Indian reservation in Arizona around lunchtime the next day.

After learning about his story, and meeting the empathetic, generous and adventurous Jack through Instagram, Mitsubishi Motors North America, Inc. (MMNA) spoke with him to learn more about his family and what it meant to give back to the Hopi community. You can also see Jack’s story online here, in the latest installment of the Small Batch – Big Impact short-film series. 

MMNA: When you’re not commuting to work or giving back to the community, you’re exploring the trails and terrain of Southern California in your Outlander. What appealed to you most about the vehicle?
JACK: In 2016, I was in the market for a new car and stumbled upon the Outlander Sport. I began reading about Mitsubishi’s off-road performance and racing history, and it was inspiring. So inspiring, I got the car, and I began to venture out of my Southern California community a bit more. I took it on camping and hiking trips – to Pinnacles National Park and the Grand Canyon – and I put 70,000 miles on the car in two years. As I began going on more adventures, hauling more gear and more friends, I realized I needed a slightly bigger car. I loved the dependability and reliability of the brand; I loved the Super All-Wheel control; so, I stuck with Mitsubishi and bought a red 2018 Outlander (named Chili).

MMNA: Have you made any modifications to Chili to match this adventurous lifestyle?
Jack: I’ve added a set of 17-inch wheels with Toyo A/T III tires to help with traction on the trails. And I got a 1.5-inch  lift kit, which was installed for me by a mom-and-pop shop here in town. I really believe in supporting small, local businesses, especially now.

MMNA: It sounds like this is a value, among many others, instilled in you by your parents. You mention in the film that they were war refugees. Tell us a little bit about their story.
JACK: My parents are from Laos. When the Vietnam War broke out, they fled to a refugee camp in Thailand, and my older sister was born in that camp. My uncle was the first one to come to America, to fight in the Army, and he was able to sponsor my family to come to America. My parents first came to San Diego, which is where I was born, and they still live in California. It is important to them that we honor the sacrifices they made, and we give back whenever we can to the country that gave so much to us.

MMNA: Your sister Kathryn has really taken this to heart and volunteers her time regularly. What stuck out to her about this opportunity – enough to get you involved?
JACK: I feel that the Hopi people and their story are not well known, similar to the Laotian people and their story. In this way, us helping them is like invisible people helping other invisible people. When I first decided to do this, I reached out to friends, family and coworkers to ask for donations – clean water, paper towels, tooth brushes and toothpaste – the very basics. No one hesitated. I learned that the Hopi story resonates with more than just my family. When I got off work that day, I drove straight to Vegas to pick up my sister and more supplies. We slept for just a few hours and then drove the rest of the way to the Hopi Cultural Center in the center of the Reservation. COVID-19 has made many people feel powerless, but this opportunity to give back, and the support of our community, made us feel empowered to do something good.

MMNA: This is not a one-time-thing for you. You have dedicated your career to giving back to your community. Tell us about that.
JACK: I have been a mail carrier for six or seven years. My favorite thing about the job is talking to people. I am the only person some people see, let along talk to, on a daily basis – especially now, with the virus. They rely on me for human interaction. It is important for me to get to know the people on my route, and to learn their stories, because I know how important it was for my family to be heard and seen when we first came to America. 

MMNA: This is an exciting time for Mitsubishi, as we just unveiled the all-new 2022 Outlander. Did you watch the reveal?
JACK: I did watch the reveal and loved it. No disrespect to Chili, but the interior of the new Outlander is a huge upgrade, and I can’t wait to test the updated version of the Super All-Wheel Control system, with all of the different off-road driving modes. I love being out on the trails with friends, and even more than that, I love it when their cars get stuck and mine doesn’t. And the Outlander really stands out – I love that I don’t see other Mitsubishis at a stoplight. That said, I’ve made a number of friends in the Mitsubishi enthusiast community too – some who I have been out with on the trails, some who I have never met in person, but interact with on social media. We share the same love for adventure. All of us watched the reveal and are excited for the future of Mitsubishi.

Mitsubishi unveiled the all-new Outlander in February through a first-of-its kind collaboration with Amazon. The all-new flagship boasts a newly developed platform and powertrain, bold and distinctive exterior styling and a refined and serene interior with high-end finishes and thoughtful engineering touches throughout. The 2022 Outlander also features more standard driver connectivity and driver assistance features and a re-engineered, upgraded version of the brand’s signature Super All-Wheel Control system. 1. Learn more about the Outlander online here.

To learn more about the Mitsubishi Motors Community, including other owners and dealer partners, visit the Community section of MMNA’s media site.

Disclaimers

  1. Available feature. Super All-Wheel Control (S-AWC) adds Active Yaw Control (AYC) to realize the AWC concept at a very high level. While this Integrated Vehicle Dynamics Control System manages the driving forces and braking forces of the four wheels to help realize vehicle behavior that is faithful to the operation by the driver under a variety of driving conditions, it is not a substitute for careful driving. S-AWC cannot prevent collisions or loss of traction in all conditions. Exercise caution so your full attention is given to vehicle operation in all road conditions.

About Mitsubishi Motors North America, Inc.
Through a network of approximately 330 dealer partners across the United States, Mitsubishi Motors North America, Inc. (MMNA) is responsible for the sales, marketing, and customer service of Mitsubishi Motors vehicles in the U.S. MMNA was the top-ranked Japanese brand in the J.D. Power 2020 Initial Quality study, ranking sixth overall and experiencing the greatest year-over-year improvement of any brand.

With headquarters in Franklin, Tennessee, and corporate operations in California, Georgia, Michigan, New Jersey, Texas, Florida, and Virginia, MMNA, directly and indirectly, employs more than 8,000 people across the United States.

For more information on Mitsubishi vehicles, please contact the Mitsubishi Motors News Bureau at 615-257-2698 or visit media.mitsubishicars.com.

Contacts
Jeremy Barnes
Senior Director, Communications and Events
jeremy.barnes@na.mitsubishi-motors.com
Mobile: 714-296-1402

Lauren Ryan
Manager, Communications and Events
lauren.ryan@na.mitsubishi-motors.com
Mobile: 404-862-8286

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SOURCE Mitsubishi Motors North America, Inc.

New Initiative Will Drive Investments To Black, Indigenous, And Communities Of Color In The Greater Seattle Region

SEATTLE, March 9, 2021 /PRNewswire/ — A coalition of funders is announcing a new, pooled fund that will drive investments to Black, Indigenous, and People of Color (BIPOC)-led and -rooted organizations, coalitions, and movements as a pathway for inclusive recovery from the COVID-19 pandemic. The Fund for Inclusive Recovery aims to raise $50 million over the next five years.

…

SEATTLE, March 9, 2021 /PRNewswire/ — A coalition of funders is announcing a new, pooled fund that will drive investments to Black, Indigenous, and People of Color (BIPOC)-led and -rooted organizations, coalitions, and movements as a pathway for inclusive recovery from the COVID-19 pandemic. The Fund for Inclusive Recovery aims to raise $50 million over the next five years.

Coinciding with the one-year anniversary of the launch of the COVID-19 Response Fund, which deployed more than $30 million to communities and organizations disproportionately affected by the pandemic, the creation of the Fund for Inclusive Recovery aims to bring the region together to address the widening inequities placed on BIPOC community members. The COVID-19 Response Fund galvanized thousands of donors and supported 375 grantees working across critical issues such as emergency financial assistance, childcare, mental health, food assistance, and more. The widening inequities in Greater Seattle threaten the region’s overall growth. By investing in the most vulnerable communities, the Fund will foster shared prosperity and inclusive recovery that benefits everyone. 

«It’s clear that COVID-19 and the economic slowdown have disproportionately impacted Black, Latinx, Indigenous, and immigrant people across King County and the Puget Sound, and the experience of the past year only exacerbated the inequities that have faced these communities for decades,» said Tableau President and CEO Adam Selipsky. «Seattle has been Tableau’s home for the past 17 years. We’re proud to be a part of the Fund for Inclusive Recovery and help chart a more inclusive course for the region’s post-pandemic future.» Tableau, through Tableau Foundation, has made a five-year commitment totaling more than $1 million to the Fund.

«This is a defining moment for our region, and for philanthropy, which has both a responsibility and an opportunity to do things differently. The inequity in our community has been laid bare for all of us to see and we must rebuild with equity as our guiding principle,» said Tricia Raikes, co-founder of the Raikes Foundation, an early supporter of the Fund. «For too long, those who have been the least well served by our systems of care – from schools to housing, healthcare, justice, and beyond – have been denied the power to change them. We must ensure the voices of those most impacted by COVID and by racial injustice are guiding the work that we do to ensure we are the inclusive, resilient, and broadly prosperous community we can be.»

The Fund is being led by a Community Advisory Group, consisting of a diverse cross-section group of leaders from communities most impacted, reflecting a range of perspectives and strategic expertise from across the region. This group will provide strategic guidance into program priorities and processes, as well as the Fund’s approach to impact assessment and accountability measures, ensuring that the Fund invests critical philanthropic dollars in the best way possible to reach our goal of a more equitable region.

The Fund for Inclusive Recovery is also rooted in research conducted in partnership with The Bridgespan Group, who worked closely with the COVID-19 Response Fund Community Advisory Group to prioritize areas for short-term investment and long-term, systemic change. The striking and intensifying racial disparities in health, well-being, and economic security are all underscored in the report and in data collected by outside entities.

The US Census Bureau reported that, by late October of 2020, Black and Hispanic households in Washington State had much less confidence than white households that they could afford rent. King County’s own data revealed that COVID-19-related deaths, hospitalizations, and cases have been significantly higher in many BIPOC communities than among white people. To learn more about the impact of COVID-19 on BIPOC communities in King County, we invite you to read the research we recently released in partnership with The Bridgespan Group linked here. 

Housed at Seattle Foundation, the Fund for Inclusive Recovery brings together cross-sector partners to collectively tackle challenges and create meaningful impact in the Greater Seattle region. Early contributors include the following (alphabetical order): Norm and Lisa Bontje, The Butler Community Foundation, Deloitte LLP, Delta Dental of Washington, DOWL, Orion and Jackie Hindawi, The Raikes Foundation, The Seattle Mariners, Tableau Foundation, and Umpqua Bank, with $7.7 million and counting raised so far.

To learn more about the Fund for Inclusive Recovery, visit www.seattlefoundation.org/inclusiverecovery.

ADDITIONAL QUOTES ABOUT THE FUND FOR INCLUSIVE RECOVERY:

Several individual philanthropists have also made significant early gifts to the Fund. These include Tanium CEO Orion Hindawi and his wife, Jackie, who recently relocated to Seattle from the Bay Area. «As we settle into our new home, our family is extremely grateful for the opportunity to coordinate with Seattle Foundation to make a quick investment during this critical time,» stated Hindawi. «We are hopeful that the Fund’s focus on impact-ready investments to those most affected by the pandemic will drive both short-term and systemic change in the Seattle community.»

«Resources can be transformational for our communities, if we can ensure that we’re leading it, and we’re guiding how it’s done,» said Sili Savusa, Executive Director of the White Center Community Development Association and Community Advisory Group member. «We need funding that’s bold, guided by the wisdom of leadership of BIPOC communities that we know is already in place. The Fund for Inclusive Recovery is our chance to show what impact can look like if we do this work together.»

«The COVID-19 pandemic made our region’s disparities impossible to ignore. This is a critical moment for our community, and it’s important we continue coming together to support those closest to the solutions. Inclusive recovery will require us all to reimagine a different future for Seattle, one that centers on those most impacted by the effects of COVID-19,» said Tony Mestres, President & CEO of Seattle Foundation.

ABOUT SEATTLE FOUNDATION

Seattle Foundation ignites powerful, rewarding philanthropy to make Greater Seattle a stronger, more vibrant community for all. As a community foundation, it works to advance equity, shared prosperity, and belonging throughout the region while strengthening the impact of the philanthropists it serves. Founded in 1946 and with more than $1.1 billion in assets, the Foundation pursues its mission with a combination of deep community insight, civic leadership, philanthropic advising, and judicious financial stewardship. Read more at www.seattlefoundation.org.

FOR MEDIA INQUIRIES

For media inquiries, please reach out to Malia Mackey at malia@minervastrategies.com or 206.734.0053 (mobile).

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SOURCE Seattle Foundation

ePropelled Unveils The Most Comprehensive Product Line For UAVs On The Market Today

LOWELL, Mass., March 9, 2021 /PRNewswire/ — ePropelled, the Massachusetts-based technology company offering leading-edge electromagnetic systems, unveils today the next-generation family of power generation and propulsion products for UAV and other aviation applications. The ePropelled UAV product line consists of starter generators, intelligent power systems, DC supplies and electronic engine starters that operate with  internal combustion engines, and electric…

LOWELL, Mass., March 9, 2021 /PRNewswire/ — ePropelled, the Massachusetts-based technology company offering leading-edge electromagnetic systems, unveils today the next-generation family of power generation and propulsion products for UAV and other aviation applications. The ePropelled UAV product line consists of starter generators, intelligent power systems, DC supplies and electronic engine starters that operate with  internal combustion engines, and electric propulsion motors and air motor controllers for eVTOLs, full  electric and hybrid aircrafts.

The entire family of products is the smartest and most comprehensive product line for UAVs and drones on the market due to its software control and advanced data and analytics capabilities. The power systems are modular and offer UAV designers the unique option to add hybrid technology for power assist or range extension.

«Our systems are fully integrated and allow aircraft designers the time to focus on other aspects of their job. All of our products come in various sizes to meet hundreds of possible applications and pairing products together gives aircraft designers added flexibility and capabilities,» said Nabeel Shirazee, CTO of ePropelled. «Our innovative solutions are upwards of 50% lighter, have high energy efficiency, and our patented technology enables continuous operating  temperatures approaching 205°C/400°F enabling aircraft to fly smarter and farther.»

Power and propulsion systems are critical to the success of ever-changing and complicated UAV mission profiles. Considering both during the design can contribute to lighter and more efficient aircraft. Built in software enables the operator to receive real time data monitoring, device information, connection status, event-based alerts, engine starter functionality, and acknowledgement of transmitted messages. This critical information can alert the pilot to fuel and other device emergencies allowing them to land the aircraft safely.

Nick Grewal, CEO of ePropelled, explains, «ePropelled recognizes the importance of high-performance electric propulsion and power systems in the commercial and defense UAV markets. These markets are poised to revolutionize how people and goods move, how companies collect data and how security is ensured. ePropelled is the only company that has both UAV power and propulsion systems. These products were designed with the customer in mind using quality materials, state-of-the-art engineering and testing, and real-world applications.»

About ePropelled:
ePropelled is a leader in magnetic engineering innovations that define the future of electric propulsion. Our patented intelligent motors, generators, and motor controllers are software controlled and create new levels of energy and system-level efficiencies in aerospace, electric vehicles, and industrial applications. 

For more information, please visit www.ePropelled.com.

Contact Us:
Andrea DiTonno, Corporate Marcom Manager
978.703.1350
Andrea@ePropelled.com

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SOURCE ePropelled

Hyundai Spring Upgrade Sales Event Arrives at Greg May Hyundai in March 2021

WACO, Texas, March 9, 2021 /PRNewswire-PRWeb/ — Spring has sprung in Texas and many drivers are in search of a brand-new car or crossover that is perfect for family adventures. Greg May Hyundai – located in Waco – may prove to be the perfect place to shop this spring. The Hyundai Spring Upgrade Sales Event features affordable <a target="_blank"…

WACO, Texas, March 9, 2021 /PRNewswire-PRWeb/ — Spring has sprung in Texas and many drivers are in search of a brand-new car or crossover that is perfect for family adventures. Greg May Hyundai – located in Waco – may prove to be the perfect place to shop this spring. The Hyundai Spring Upgrade Sales Event features affordable lease and finance incentives that include low interest rates and no payments for the first 90 days of ownership.

A welcome addition to the Hyundai lineup that is perfect for family road trips, the three-row 2021 Hyundai Palisade is a fan favorite at Greg May Hyundai. Potential customers who qualify via Hyundai Motor Finance can finance the Palisade SEL for 60 months with a 1.9% Annual Percentage Rate (APR). Select 2020 Hyundai Palisade models are available with 0% APR for 48 months. Hyundai Palisade lease options include a 36-month lease with $3,499 due at signing and $359 per month.

The Hyundai lineup provides families with a pair of compact crossovers to choose from – the 2021 Hyundai Santa Fe and the 2021 Hyundai Tucson – each providing a different automotive experience. The 2021 Hyundai Santa Fe Limited is available with 0% APR for 60 months with no payments for the first 90 days. Individuals who prefer to lease the Hyundai Santa Fe may be eligible for a 36-month lease with $3,599 down and $279 per month. Hyundai Tucson Value models can be financed for 60 months with 0% APR and no payments for the first 90 days. Hyundai Tucson lease offers include a 36-month contract with $0 due at signing and $269 per month.

Waco-area families interested in saving during the Hyundai Spring Upgrade Sales Event can learn more about available incentives online at http://www.gregmayhyundai.com. Those who prefer a more personal interaction can contact the Greg May Hyundai sales team directly by calling 903-918-4699.

Media Contact

Nick Askew, Greg May Hyundai, 903-918-4699, nick@luminary2.com

 

SOURCE Greg May Hyundai

Vanter.co Launches Widespread Beta Testing in New York City, Unlocking Travel for Overlooked Communities

NEW YORK, Mar. 9, 2021 /PRNewswire-PRWeb/ — Vanter, a digital travel assistant making travel safer, representative, and more accessible for diverse communities, has announced its launch today in New York City. Founded by Tracey Hobbs and Lindsey Lerner, the app allows people from all walks of life to experience the world in an accessible way.

Tracey Hobbs, a tourism…

NEW YORK, Mar. 9, 2021 /PRNewswire-PRWeb/ — Vanter, a digital travel assistant making travel safer, representative, and more accessible for diverse communities, has announced its launch today in New York City. Founded by Tracey Hobbs and Lindsey Lerner, the app allows people from all walks of life to experience the world in an accessible way.

Tracey Hobbs, a tourism and hospitality professional and Diversity, Equity and Inclusion consultant, started the earliest iteration of Vanter as an Instagram page in 2018. Her goal, as a Black business owner and expert in DEI, is to bring inclusion and ease of travel to as many people as possible. «There is so much noise right now that it becomes a little challenging to determine who really supports the Black community and who is just doing it because it’s the cool thing to do and say for the moment.»

Hobbs was soon joined by Lindsey Lerner, an entrepreneur who had spent the better part of 2019 and 2020 managing music tours, and was involved in the «Van Life» community, where people from all over the country travel in their converted vans and RVs. «While people are still not traveling as much as they would like, because of the pandemic, we are working behind the scenes with business owners to ensure that they are ready for all an influx of customers to be coming into their establishments.»

The private beta version of Vanter launched in January 2021. Hobbs and Lerner anticipate a full launch to market this summer. The startup is looking to grow its user base, and move toward fundraising before the end of the year. The proprietary software will provide restaurant and route recommendations, places to stay, artists to connect with, and knowledge that travelers have a community around them, wherever they are. The app is welcoming more beta users to test it through the link on vanter.co at this time.

The founders also highlight the importance of ease of travel, citing that many young travelers spend upwards of 40 hours planning longer trips, to ensure affordability and safety. Vanter would cut that planning time significantly, allowing travelers to have more time to enjoy their journey, by giving community members a space to rate and review destinations and establishments based on diversity, equity, and inclusion, and their ability to create a welcoming environment for all.

Hobbs adds, «Vanter is not here as a trend, we are built on diversity, equity, and inclusion. This is something that’s integral to giving Black and other communities of color, women, those with disabilities, and the LGBTQ+ community the same kind of travel opportunities so many others enjoy.»

About Vanter.co
Vanter is a digital travel assistant based in New York City. Vanter is a female-founded mobile app with the goal of making travel safe, accessible, and easy for diverse and overlooked communities. By providing a digital space to connect with fellow travelers and find inclusive spaces, Vanter will change the way we travel.

Media Contact
Jess DelVirginia
jess@insitestrategy.com

Media Contact

Jessica DelVirginia, Insite Strategy, +1 (646) 397-2640, jess@insitestrategy.com

Twitter

 

SOURCE Vanter.co

CAPTRUST Unveils Third Annual Endowment & Foundation Survey

RALEIGH, N.C., March 9, 2021 /PRNewswire/ — CAPTRUST Financial Advisors (CAPTRUST) today released the findings from its annual Endowment & Foundation Survey, highlighting the unique needs of nonprofits with long-term investment assets between $10 million and <span…

RALEIGH, N.C., March 9, 2021 /PRNewswire/ — CAPTRUST Financial Advisors (CAPTRUST) today released the findings from its annual Endowment & Foundation Survey, highlighting the unique needs of nonprofits with long-term investment assets between $10 million and $250 million. The firm surveyed 171 organizations, including private foundations focused on religious, educational, and other charitable missions.

The survey was conducted in August and September 2020 and included questions around the impact of COVID-19, return objectives, fundraising, and portfolio risk, among others. When considering the impact of the global pandemic, the same proportion of nonprofits (31 percent) reported a suspension or termination of programs and services as those that identified an increase in programs and services, highlighting the critical services that many of these organizations provide (e.g., soup kitchens and churches).

«Many nonprofits had to balance the challenges of the current environment, but these organizations are rising to the occasion by continuing to serve their constituencies,» said Grant Verhaeghe, senior director, endowment and foundation practice leader at CAPTRUST. «The reality is that the pressures on each type of organization are unique, but despite that, there are some commonalities as they work together to meet the needs of the communities they serve.»

When it comes to investments, about a third of respondents (31 percent) are currently utilizing environmental, social, and governance (ESG); impact; or mission-aligned strategies. Nearly half of organizations not allocating to such investments (47 percent) indicate those strategies have not even been considered. Other reasons cited for not moving forward with one of these strategies is lack of a defined solution (23 percent) and complexity (16 percent), while expense (3 percent) and lack of manager track record (2 percent) were less of an issue.

«In past years of the survey, we had typically seen a greater adoption of ESG, impact, and mission-aligned investing among organizations with fewer assets. Now, larger organizations with more complex sets of stakeholders are catching up with their smaller peers,» said James Stenstrom, endowment and foundation director at CAPTRUST.

For nonprofits that use ESG, impact, or mission-aligned investing, more than three-quarters (78 percent) rely on negative screening, meaning they omit companies with business practices that do not align with their ethics rather than looking for organizations that exhibit desirable characteristics. Additionally, while ready-made ESG products continue to proliferate, 83 percent of organizations utilize custom strategies—at least in part—to fit their priorities.

For organizations’ overall asset allocations, two-thirds leverage tactical asset allocation. Those doing it internally—with the help of an investment committee, board of directors, and staff—consistently underperformed those leveraging an external party, such as an investment advisor or an outsourced chief investment officer.

«Seventy-one percent of organizations surveyed rely on internal investment committees or a board of directors to determine their tactical asset allocations,» said Stenstrom. «Especially in times of market volatility, there can be an advantage to working with dedicated, outside resources for investment advice, and we continue to see a greater number of nonprofits moving toward those services.»  

The 2020 Endowment & Foundation Survey dives into a number of additional topics, including asset allocation, spending policy, and performance trends. The full findings can be found here.

About CAPTRUST
Founded in 1997 in Raleigh, North Carolina, CAPTRUST is an independent registered investment advisor with a mission to enrich the lives of its clients, colleagues, and communities through sound financial advice, integrity, and a commitment to service beyond expectation. The firm provides investment management, financial planning, and income and estate tax compliance and consulting services for individuals and families. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, provider analysis/fee benchmarking, and participant advice. With more than 800 employees across more than 50 locations nationwide, CAPTRUST oversees more than $60 billion in assets under management and $600 billion in assets under advisement (as of February 15, 2021). For more information, visit www.captrust.com.

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SOURCE CAPTRUST Financial Advisors

The Princeton Review’s 2021 College Hopes & Worries Survey Reports on 14,000 Respondents’ «Dream» Schools, Admission Concerns & Application Challenges During COVID

NEW YORK, March 9, 2021 /PRNewswire/ — March through April is nail-biting season for nearly three million high school seniors and their parents awaiting news about their more than 10 million outstanding applications to colleges.

NEW YORK, March 9, 2021 /PRNewswire/ — March through April is nail-biting season for nearly three million high school seniors and their parents awaiting news about their more than 10 million outstanding applications to colleges.

Princeton Review Survey Reports «Dream» Colleges, Financial Aid Hopes and COVID Concerns of 14,000 Applicants & Parents

Offers of admission and financial aid have already landed in some students’ e-mail inboxes. The majority of applicants, however, are still anxiously watching their inboxes eager to see the «A-word»—Accepted.

According to The Princeton Review®‘s  2021 College Hopes & Worries Survey released today, stress levels are higher than ever this year among applicants and parents alike. So are worries about paying for college should their dream college reply «Accepted!» but not offer much by way of the other «A-word»—Aid. 

The survey, which the education services company has conducted annually since 2003, polled 14,093 people (11,113 college applicants and 2,960 parents of applicants) online in February about their application experiences, perspectives, and concerns.

Survey findings reveal that in a fantasy scenario—if the cost of college were inconsequential and admission automatic—the «Dream» college this year’s applicants wish they could attend is Harvard. Parents of applicants this year wish their children could head to Stanford. Last year, Stanford was the top «Dream» college among applicants as well as among parents surveyed by The Princeton Review.

The 20-question survey, which presents multiple-choice answers, annually asks respondents to weigh in on several application issues and topics, from the number of colleges to which they are applying to what factor will be most important to them in May when it comes to deciding which college to attend.

This year’s survey also asked participants if—and how—the coronavirus pandemic was affecting their application experiences. A complete report showing all survey questions, answer choices, and findings is accessible here. Notes on key findings follow.

Top 10 «Dream» Colleges for 2021

One annual survey question, «What ‘Dream’ college do you wish you or your child could attend if acceptance and cost weren’t issues?» invites a fill-in-the-blank answer. Respondents enter in the names of more than 375 different colleges and universities. Some schools are named by hundreds of participants as their «Dream» college—others by only one.

The schools named «Dream» colleges by the highest number of surveyed students were:

  1. Harvard College (MA)
  2. Stanford University (CA)
  3. New York University
  4. Columbia University (NY)
  5. University of California—Los Angeles
  6. Princeton University (NJ)
  7. Massachusetts Institute of Technology
  8. University of Texas—Austin
  9. University of Pennsylvania
  10. Yale University (CT)

The schools named «Dream» colleges by the highest number of surveyed parents were:

  1. Stanford University (CA)
  2. Harvard College (MA)
  3. Princeton University (NJ)
  4. Massachusetts Institute of Technology
  5. Yale University (CT)
  6. University of Pennsylvania
  7. University of California—Los Angeles
  8. New York University
  9. Columbia University (NY)
  10. Duke University (NC)

Findings based on responses of students and parents to questions with multiple-choice answers indicate:

  • College applications are highly stressful.

74% of respondents (2% more than last year) reported «High» or «Very High» stress about their applications.   In 2003, the survey’s initial year, only 56% reported «High» or «Very High» stress.

  • Financial aid is the biggest hope.

98% of respondents reported needing some financial assistance (grants, scholarships, or loans) to pay for college. 82% said aid would be «Extremely» or «Very» necessary and 16% deemed it «Somewhat» necessary.

  • Debt is the biggest worry.

41% (the plurality) said their greatest worry was the «Level of debt to pay for the degree.» For 28%, the top concern was «Will get into first-choice college, but won’t be able to afford to attend,» while 24% selected the answer, «Won’t get into first-choice college.»  The latter was the major worry among survey respondents fifteen years ago, when a plurality of 34% of respondents selected that answer in 2006.

  • The coronavirus pandemic has affected perspectives about college applications as well as decisions about colleges.

48% (the plurality) said the pandemic-related issue that has been most concerning with respect to their applications was «Attending school remotely: the potential impact on grades and extracurriculars.» 

59% of respondents reported that the pandemic had affected their decisions about the colleges to which they were applying. Of that group, 54% said they were applying to «Colleges with lower sticker prices.» 32% said «Colleges closer to home,» 7% said «Schools with smaller student bodies (or in less densely populated areas),» and 7% said «Colleges with on-campus medical centers or located near hospitals.»

  • Tests are the toughest part of applications.  More students have taken or plan to take the SAT® than the ACT®.

Asked which aspect of the application process was toughest, 38% (the plurality) chose the answer, «Taking the SAT®, ACT®, or AP® exams.» Asked which admission test(s) they (their child) had taken or planned to take, 39% said only the SAT, and 14% said only the ACT while 33% said «Both tests,» and 14% said «Neither test.»

  • The biggest benefit of a college degree is the prospect of a better job. 

43% (the plurality) considered the major benefit of earning a college degree to be a «Potentially better job and income,» while 32% chose «Exposure to new ideas,» and 25% chose «Education.»

  • «Overall fit» and programs supporting career interests matter more than academic reputation and affordability in decisions about colleges.

Asked to characterize the college they were most likely to choose, 41% selected the answer, «College that will be the best overall fit.» Nearly as many, 39%, selected «College with the best program for my (my child’s) career interests.» Only 11% said they would choose the «College with the best academic reputation,» and 9% said they would choose the «Most affordable college.»

  • College is strongly considered «worth it.»

Asked if they believe college will be «worth it,» 99% of respondents said «Yes.»

  • Parents and students differ on the distance from home of «ideal» college.

Asked how far from home their (their child’s) «ideal» college would be, 49% of parent respondents chose the answer, «Fewer than 250 miles.» However, 68% of student respondents selected answers in ranges exceeding 250 miles: 16% of them said «More than 1,000 miles.» On this subject, parents’ and students’ opinions have not changed since 2007 when The Princeton Review added the question to the survey.

Respondents to the survey hailed from all 50 states and DC as well as from more than 42 countries abroad. All were students or parents using The Princeton Review’s website or other of the company’s education resources. The Princeton Review has been helping students research and gain admission to their dream colleges since 1981.

The survey included an optional final question inviting respondents to share their advice for next year’s college applicants and parents. Said one wise student from New Jersey, «Underneath all of the stress, the college application process is very exciting, so KEEP GOING and KEEP SMILING.»  The Princeton Review posted a sampler of respondents’ student and parent advice here.

About The Princeton Review

The Princeton Review® is a leading tutoring, test prep, and college admission services company. Every year, it helps millions of college- and graduate school–bound students achieve their education and career goals through online and in-person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and its more than 150 print and digital books published by Penguin Random House. The company’s Tutor.com brand is one of the largest online tutoring services in the U.S. It comprises a community of thousands of tutors who have delivered more than 20 million one-to-one tutoring sessions. The Princeton Review is headquartered in New York, NY. The Princeton Review is not affiliated with Princeton University. For more information, visit PrincetonReview.com and the company’s Media Center. Follow the company on Twitter (@ThePrincetonRev) and Instagram (@theprincetonreview).

SAT® and AP® are trademarks registered and owned by the College Board, which is not affiliated with and does not endorse this survey.

ACT® is a registered trademark of ACT, Inc.

SOURCE: The Princeton Review
WEBSITE: www.princetonreview.com

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SOURCE The Princeton Review, Inc.

Exiger Announces Integration and Partnership with SecurityScorecard to Strengthen Supply Chains for Defense and Critical Infrastructure

NEW YORK, March 9, 2021 /PRNewswire/ — Exiger, the global market leader in Supply Chain and Third-Party Risk Management solutions, has announced its partnership with

NEW YORK, March 9, 2021 /PRNewswire/ — Exiger, the global market leader in Supply Chain and Third-Party Risk Management solutions, has announced its partnership with SecurityScorecard, the global leader in cybersecurity ratings. The partnership was formed to support Exiger’s efforts to secure supply chains across the Defense Industrial Base, the Healthcare sector and other critical infrastructure sectors. Together, Exiger’s award-winning DDIQ automated platform and SecurityScorecard combine to create a common operating picture across cyber, financial, operational and reputational risks to combat the ever-evolving threat landscape that corporations and government agencies are forced to navigate.

After delivering game-changing Supply Chain Risk Management capabilities to the Department of Defense (DoD) in support of their COVID-19 response efforts, Exiger and SecurityScorecard formalized this innovative partnership to tackle emerging vendor and supply chain ecosystem challenges. Crystalized by the pervasive shock of the SolarWinds breach, the U.S. Federal Government and its industry partners are addressing far-reaching transparency and resiliency challenges in our existing supply chains. These proactive and important steps, as detailed in the new Executive Order on America’s Supply Chains, will have a global and sweeping impact on every industry; the partnership between Exiger and SecurityScorecard is designed to help companies and the U.S. Federal Government manage this rapid change.

«Our clients have realized that their operational risks don’t stop at their doorstep. Just like their people, their technology and their processes, their vendors are integral to their ability to deliver uncompromised products and services. And, in response, our clients are taking the necessary steps to build redundancy and risk management into their vendor ecosystem,» said Brandon Daniels, President of Global Markets at Exiger. «The combination of SecurityScorecard and DDIQ allows the CTO, CISO, CCO, CFO, GC, and COO to do that quickly, comprehensively, and cost-effectively.»

SecurityScorecard’s best-in-class cyber ratings will be integrated into Exiger’s DDIQ platform, which takes SecurityScorecard’s ratings, threat, and geographic data and combines it with other financial, operational, and compliance risk feeds to create a comprehensive risk assessment on every third-party and each tier of a supply chain. Exiger’s AI-powered platform is designed to drive transformational change in how entities are vetted at an unprecedented scale. The platform is purpose-built to enable the Federal Government and industry to safeguard the global supply chain at the speed of relevance.  Exiger’s platform has scaled to conduct due diligence on tens of millions of entities across the world’s largest financial institutions, corporates, and government agencies; including over 90 companies in the Fortune 250.

SecurityScorecard will deliver cybersecurity vulnerability monitoring, ratings and remediation guidance to help DoD suppliers understand potential cyber threats from their third-party vendors while prioritizing threat indicators. Having scored more than 1.6 million companies globally, SecurityScorecard focuses on providing a single view of cyber risk that includes self-assessment and comprehensive vendor ecosystem risk management. SecurityScorecard takes an outside-in view of a company’s security posture by seeing what a hacker sees. The company’s technology uses non-intrusive proprietary data collection methods, as well as trusted commercial and open-source threat feeds to continuously monitor 10 risk factor groups and instantly deliver an easy-to-understand A-F rating.

«The partnership between SecurityScorecard and Exiger serves an increasingly important need in the cybersecurity market for the industry’s expanding demand,» said Bill Hogan, Chief Revenue Officer for SecurityScorecard. «This combined capability gives the cyber market the ability to have a holistic analysis to immediately identify and prioritize high-risk third parties for assessment and remediation. This leads to an overall more secure risk environment.»

Exiger and SecurityScorecard will be conducting a joint webinar on April 8th titled «Combating Cyber Risk in Your Supply Chain: Responding to the Federal Government’s Push to Create a Resilient Industrial Base.» More information and registration is available online .

About SecurityScorecard
Funded by world-class investors including Moody’s, Sequoia Capital, GV, Riverwood Capital and others, SecurityScorecard is the global leader in cybersecurity ratings and the only service with over 1.6M+ companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented rating technology is used by over 1000 enterprise organizations. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every company has the universal right to their trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.

About Exiger
Exiger is the global authority on financial crime and risk compliance introducing technology-enabled solutions to the market’s biggest compliance challenges. Exiger is changing the way banks, corporations and governmental agencies fight financial crime by combining industry expertise and artificial intelligence to root out bribery, corruption, sanctions violations, money laundering and terrorist financing. In recognition of the growing volume and complexity of data and regulations, Exiger is committed to working with clients to create a more sustainable compliance environment through its holistic and innovative approach to problem solving. Powering its Advisory, Diligence and Federal Solutions, Exiger has developed purpose-built technology — DDIQ and Insight 3PM — trained and deployed by its subject matter experts to accelerate the auditability, efficiency, quality and cost effectiveness of clients’ compliance operations. Exiger operates in six countries and eleven cities around the world, including New York City, the Washington, D.C. metro area (Silver Spring and Tysons Corner), San Antonio, London, Toronto, Vancouver, Bucharest, Hong Kong, Singapore and Sydney. For more information, visit exiger.com and follow us on LinkedIn.

Contact:
Fehmida Bholat
SecurityScorecard
310-880-0750
fbholat@securityscorecard.io 

Kody Gurfein
Exiger
914-393-0398
kgurfein@exiger.com 

 

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SOURCE Exiger

Final Launches FinalWipe–A Reusable, Sustainable and Affordable Alternative to Single-Use Paper Products

SEATTLE, Mar. 9, 2021 /PRNewswire-PRWeb/ — Final, the company behind FinalStraw and FinalCutlery—collapsible reusable straws and utensils that are easy to take on-the-go—is thrilled to announce the expansion of their Foreverables collection. FinalWipe Home and FinalWipe Travel are their latest approach to wiping out waste; they provide a…

SEATTLE, Mar. 9, 2021 /PRNewswire-PRWeb/ — Final, the company behind FinalStraw and FinalCutlery—collapsible reusable straws and utensils that are easy to take on-the-go—is thrilled to announce the expansion of their Foreverables collection. FinalWipe Home and FinalWipe Travel are their latest approach to wiping out waste; they provide a modern and clever resolution to single-use paper products.

«Our mission has always been to make living sustainably easy—waste is just a design flaw,» said Emma Rose Cohen, CEO and Founder of Final. «With the pandemic, we’ve seen a significant uptick in single-use waste, particularly when it comes to wipes as people have increased their cleaning protocols. With the launch of FinalWipe, we hope to provide homes and businesses an easy and affordable solution that they can use anywhere while simultaneously helping our planet.»

More than 254 million tons of paper towels and cleaning wipes are discarded globally every year. FinalWipe and its accompanying CleanTab tablets provide a sustainable alternative to cleaning solutions that are traditionally sold in plastic bottles. In addition to encouraging individuals to practice sustainability while cleaning, FinalWipe helps avoid the release of tiny microplastics, found in paper products, from entering the environment.

How does FinalWipe work? FinalWipe’s reusable cotton wipes can be used wet or dry. The FinalWipe Home containers are airtight: drop a CleanTab into the container, add water, combine the wipes and they’ll be ready to wipe down any surface. FinalWipe Home is made from post-consumer recycled plastic and bamboo and has a hidden drawer to store CleanTabs. FinalWipe Travel is the perfect on-the-go option to cleaning everything outside the home: a car interior, a shopping cart, your phone, plane seat, you name it! Simply spray the cleaning solution onto a surface and wipe it down.

The CleanTab tablets dissolve when added to water which creates an eco-friendly, multipurpose and toxic-free cleaning solution. It’s ideal for all general clean-up purposes. The ammonia-free and bleach-free solution can be used on a variety of surfaces to remove dirt and grime safely.

Available exclusively at Final.co beginning today, FinalWipe Home is $39.95 and FinalWipe Travel is $24.95.

ABOUT FINAL
The Final Co. LLC, DBA Final, launched FinalStraw, the world’s first reusable, collapsible straw, on Kickstarter in 2018. Final is on a mission to create reusable, responsibly made products that reduce the need for single-use products, empower individuals to change their buying habits, and raise awareness about the impacts of our everyday decisions.

©2021 The Final Co. LLC. All rights reserved. Final’s products and all Final logos, trademarks, and images are the property of The Final Co. LLC.

Media Contact

Lividini & Co., Final., +1 6128029787, final@lividini.com

 

SOURCE Final.

Credit Suisse Releases 2021 Hedge Fund Investor Survey

NEW YORK, March 9, 2021 /PRNewswire/ — Credit Suisse today released its 2021 Hedge Fund Investor Survey, entitled «A New Dawn,» which polled over 200 institutional investors globally representing $800 billion in hedge fund investments. Participants were surveyed on a number of topics, including key industry trends and forecasts, as well as strategy preferences and allocation plans for 2021.

Key highlights from the 2021 Credit Suisse Hedge Fund Investor…

NEW YORK, March 9, 2021 /PRNewswire/ — Credit Suisse today released its 2021 Hedge Fund Investor Survey, entitled «A New Dawn,» which polled over 200 institutional investors globally representing $800 billion in hedge fund investments. Participants were surveyed on a number of topics, including key industry trends and forecasts, as well as strategy preferences and allocation plans for 2021.

Key highlights from the 2021 Credit Suisse Hedge Fund Investor Survey:

  • Hedge funds are favored asset class to enhance traditional 60 / 40 model – 70% of investors plan to make changes to their portfolio in 2021 due to the current environment of lower bond yields. As investors look to plug their current return gap, they indicated that hedge funds were their favored asset class to enhance the current 60 / 40 model, followed by high-yield credit, equities, and private credit.
  • Proliferation of investors employing hedge funds to access private markets – 53% of allocators invest in private markets equity through hedge funds, with family offices and endowments & foundations the most active. There are multiple drivers behind the rise in private markets, including an ample supply of pre-IPO companies and PIPE transactions, access, knowledge, and return potential.
  • Capital continues to flow to non-traditional offerings – 61% of allocations over the past 12-18 months were directed to non-traditional structures, principally custom offerings (co-investments and managed accounts), driven by investors’ desire to tailor fit specific investment objectives. This shift shows no signs of abating, with investors indicating the portion will increase this year to 64%.
  • Strong appetite for equities and APAC – 7 out of the top 10 overall strategies were equity-oriented, with investors favoring healthcare, fundamental, emerging markets, and TMT. From a regional perspective, APAC was the most in-demand region and China the most preferred country.

John Dabbs, Global Co-Head of Prime Services and Co-Head of Americas Equities, said:

«The current rate environment is creating a sense of urgency for investors to identify new sources of returns for their fixed income portfolio. Our survey highlighted that investors are looking to hedge funds in addition to other asset classes in meeting their long-term obligations.»

Jaynita Sodhi, Head of Credit Suisse Capital Services Americas, commented:

«Investors indicated continued strong interest in equity-oriented strategies, particularly around sector and regional specialists. We also noticed a large sentiment upswing for discretionary macro and multi-strategy managers. Hedge fund dispersion for firms employing these strategies widened considerably in 2020, highlighting the importance of manager selection in driving portfolio returns.»                                                             

Joseph Gasparro, Head of Content for Credit Suisse Capital Services Americas, said:

«We’ve seen an uptick in demand from LPs to access private markets through hedge funds, given a manager’s ability to apply the breadth of their public markets investing acumen to private opportunities. Privates also allow managers to engage with next-generation companies that could be disruptive to publicly-traded peers.»

About the Respondents The survey, conducted from December 2020 to mid-February 2021, covered institutional investors on a global basis, including pensions, endowments, foundations, consultants, private banks, family offices, and funds of hedge funds. 55% of responses came from the Americas, while 29% were from EMEA-based investors and 16% were from APAC.

Press Contacts
AMERICAS
Anna Christensen, telephone: +1 212 538 4748, anna.christensen@credit-suisse.com  

EMEA
Sofia Rehman, telephone: +44 20 7883 7373, sofia.rehman@credit-suisse.com

APAC
Yukmin Hui, telephone: +852 2101 6041, yukmin.hui@credit-suisse.com

Credit Suisse
Credit Suisse is one of the world’s leading financial services providers. Our strategy builds on Credit Suisse’s core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 48,770 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Credit Suisse Prime Services
Credit Suisse Prime Services delivers high-quality core financing and operating services that hedge fund and institutional clients demand, including start-up services, product access, high-touch client service, financing, access to sources of capital, risk management, and managed lending. Prime Services delivers the strengths of Credit Suisse’s investment banking, private banking and asset management businesses to a focused number of clients. As a partner, Prime Services is committed to bridging the gap between idea and execution and functioning as a provider of choice for both the alternative and traditional investment communities. Credit Suisse Capital Services is part of Credit Suisse Prime Services and is responsible for introducing hedge fund managers to a broad range of institutional investors (including Funds of Hedge Funds, Family Offices, Private Banks, Endowments and Foundations, and Public and Corporate Pensions) who are seeking to allocate capital to Hedge Funds.

This is not investment research and is intended for institutional, professional or accredited investors only.

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SOURCE Credit Suisse