Keith Mann and Dynamics Search Partners Coordinate Uncommon Schools Fundraiser

New York, March 3, 2015 – An Uncommon Schools fundraising event took place at the Standard Hotel Beer Garden. This campaign was coordinated by Keith and Dynamics Search Partners.

The goal of the Uncommon Schools event was to raise $22,000 or more for the 2014-2015 school year. This effort was started by a charter school. The purpose of it was to “close the achievement gap and prepare millions of low-income students to graduate from college” as explained by Keith Mann.

The new high school based on the Uncommon Schools philosophy was to be built in Brooklyn, New York. This effort was to include student PSAT and AP testing. Part of this funding was provided prior to the Hotel Beer Garden charitable event. For instance, Dynamics Search had contributed $10,000 to be allocated for student testing. Additional money raised at the fundraiser was to be used for all equipment, supplies and teaching needed to prepare students for college, internships and careers.

A total of 44 Uncommon Schools are positioned within Massachusetts, New Jersey and New York as of 2016. This network of college prep schools strives to help every young person receive a bachelor’s degree. This education is provided at urban charter schools placed in neighborhoods where children are reported to most be in need of it.

One of the objectives of Uncommon Schools is to provide as many opportunities as possible in low-income neighborhoods.

Additional Links:

https://angel.co/keithmann

http://www.businesswire.com/news/home/20160125006525/en/Keith-Mann-Announces-2016-Scholarship-Professional-Achievement

Highland Capital to snap up “significant amounts” of the new Argentina issuance

Argentina is about to issues new bonds to international bond markets within the next month with the aim of raising approximately $ 12 billion. Highland Capital Management is expected to be a key buyer. Highland Capital oversees $ 19 billion, which include emerging market credit fund and credit hedge fund. According to James Dondero, the co-founder and the president of Highland Capital, the firm expects to invest a significant amount on Argentina securities.

Highland Capital plans to invest comes as a good indication for Argentina as it is trying to sell a huge amount of debt and pay for the settlement. It also implies that distressed debt investors in Argentina are likely to remain as the buyers of the country debt.

James Dondero is the co-founder of Highland Capital Management and currently serves as the president of the firm. He has a rich experience that spans over 30 years in equity, credit market, and high-yield and distresses investment. He has been a pioneer of Collateralized Loan Obligation markets and credit-oriented solutions for institutions and retail investors all over the world

It worth noting that, before paring its holding in the last six months, Highland Capital was the largest holder of Argentina $4 billion of notes due to mature in 2033. According to Dondero, the Highland capital has earned annualized return of close to 20% since June 2014.

James Dondero said that Highland Capital plans to hold what it had in the original bonds as they are looking forward to buying new issuance. He added that the team is optimistic about how Argentina has priced the debt and more importantly, where it is liable to trade, particularly in relation to other Latin Americans Sovereigns. According to Argentina finance ministry officials, Argentina plans to issue $11.68 billion bonds, and it will issue bonds with a maturity of 30, 10, and 5 years.

As described by Dondero, they viewed Argentina as a resource-rich country that was shrinking production and running down its foreign reserve. The view of Highland Capital interpretation ended up being correct, as the result, there was a need for an intermediate-term to settle debt default thus the bond trade was high.

Additional Links:

https://www.nexbank.com/james-dondero.htm

http://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394

http://dallasinspections.net/james-dondero-his-company-and-achievements/

What’s Next for FreedomPop?

Wondering what is in store next for FreedomPop? Recently an article featured on Venture Beat reviewed their most news: Launching their service in Spain with the introduction of zero-rated access to WhatsApp.

They created an uproar in the cellular market by offering free minute, data, and text messaging packages. Initially the service was only available in the United States, however in September they began offering packages in the United Kingdom, and now their expansion into Spain represents their third market.

WhatsApp is a messaging service which does not rely a user having SMS. Instead it is a free app that uses your data plan and internet browser to connect you with other users. It is available for Android, iPhone, and other platforms, and it allows customers to message each other regardless of what type of phone they are using.

In the United States, WhatsApp has been acquired by Facebook. However, what makes the launch in Spain different is the fact that FreedomPop is not partnering with WhatsApp or Facebook for the launch. Instead they have created a unique platform that works for them.  Co-founder Stephen Stokols states, “Our aim is to disrupt local markets in a way that will also help us gain traction with their residents. WhatsApp is the most popular texting app in Spain, so launching our service via their app will help us gain traction.”

The launch of FreedomPop’s services in Spain via a zero-rated application may represent successful way for them to expand to future countries.

The full article is available at http://venturebeat.com/2016/04/20/mvno-freedompop-has-a-grand-plan-to-sign-you-up-zero-rated-whatsapp-access/

Read more at this review of FreedomPop: http://www.androidcentral.com/freedompop-offers-unlimited-access-its-wifi-network-5-month