2nd Suspect Charged With Murder of Man Found Dead in Manorville

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A second suspect was arrested for his alleged role in killing a 36-year-old man whose body was found on fire in a wooded area of Manorville last week, Suffolk County police said.Orlen Soliz-Galvez, 18, was charged Tuesday with second-degree murder.Homicide Squad detectives alleged that the teenager and 21-year-old Bryan RosalesMejia killed German Guzman, whose burning remains were found within the Otis Pike Preserve off Wading River-Manor Road on Thursday.All three men are from Amityville.Soliz-Galvez will be arraigned Wednesday at First District Court in Central Islip.RosalesMejia was ordered held without bail Saturday. He is due back in court Friday.Detectives are continuing the investigation.last_img read more

TIAA-CREF increases focus on real assets for European institutions

first_imgTIAA-CREF Asset Management, the investment arm of the US teachers insurance and retirement income fund, is to open a London office in a bid to build its real asset business with European investors.The manager, which has approximately $850bn (€671bn) in assets, has been investing on behalf of European clients for some 10 years and has now decided to bridge the distance in its operations.It currently has around $10bn in European institutional assets but has managed relationships from its US office.The company will run its European operations with a two-man team in London and one in the US. It hired Stephane Marguier as head of institutional distribution and Russell Elliott as a manager for investor relations, both US-based for two years before relocating to manage the new office.Wiebke Wanner-Borchardt, director for mid-market distribution, will support the London office from the US.John Panagakis, head of asset management business development, told IPE that while the company was looking to maintain relationships with existing clients, the London office would also be used to increase its client base.“Asset management is something we have always been doing outside the US, both investing our own portfolio and working with international asset owners,” he said.“We are approaching $10bn of assets under management that we manage on behalf of European investors, so this is just a natural extension as demand grows.”He said the asset manager’s focus would remain on its core strategies of real assets, comprising agriculture and timber, alongside its more traditional socially responsible mandates.Panagakis said the company began socially responsible investing two decades ago, and runs positive and negative screens in both fixed income and equities.It has seen increased demand for this, along with real assets, from European pension funds, insurers and sovereign wealth funds.“[The operation] will be broadly based rather than following a distinctive strategy, and we are thinking of new and different strategies to respond to the market,” Panagakis said.“The focus will continue in the real asset area and looking for potential expansion but beyond our traditional asset classes of agriculture and timber, and we will look at other real asset classes and opportunities in the credit space.”In April, TIAA-CREF announced a merger of its real estate investment business with London-based Henderson Global Investors.The company confirmed TIAA-Henderson Real Estate would remain a separate entity from its new London office, managing all real estate investments.last_img read more

Trio of Racing stakeholders warns Parliament of No Deal implications

first_img UK Racing pushes for drastic levy reforms as deep recession looms August 25, 2020 Submit EU research agency demands urgent action on loot box consumer safeguards July 29, 2020 StumbleUpon Related Articles Europol warns of ‘greater risk’ of match-fixing during pandemic August 7, 2020 Share Share The conversation surrounding Brexit has been inescapable for the last two and a half years, with MPs still unable to agree upon a deal that would be most beneficial for the UK. Later in the week, Chief Executive of Irish racing Brian Kavanagh will be travelling to Westminster to liaise with senior officials from both the British Horseracing Authority and French regulatory body, France-Galop. The trio will ultimately discuss the future of the tripartite agreement, which will face huge implications if the UK were to crash out of the EU without a deal.As part of the agreement, the freedom of movement for horses without long delays at borders is guaranteed. But a no-deal Brexit will no doubt complicate this as the agreement is reliant on the three countries remaining a part of the EU.Ireland currently does not have the infrastructure in place to deal with the long delays at customs checks and the potential tariffs that would be placed on thoroughbreds if the agreement was to cease to apply.Only two border inspection posts exist in Ireland at the minute, with proposals in place to establish another at Dublin Port in time for 29 March. Obviously, other border inspection points will have to be established in the longer term providing the UK continues towards a no deal.“In the event of Britain crashing out without a deal it would be recognised as a third country and the EU requires movement from third countries to go through border inspection posts,” Brian Kavanagh said on Monday.“Until that resolves itself we’re prisoners of the macro-politics. Hopefully a plan B can be found in the House of Commons and we can get a clearer picture by next week.“But even at that stage you’re almost 50 days from the exit so the time to devise alternative arrangements, and put them in place is limited.”A no-deal Brexit looks as though it will complicate horse racing over in Ireland. The Emerald Isle is one of the largest breeders of racehorses in Europe, and a no-deal scenario looks to have implications as to how horses can compete, and who can purchase horses at an early age.Henry Beeby – GoffsGoffs Chief Executive, Henry Beeby, has previously expressed concerns over the implications for Irish racing. “British and Irish racing is really one industry,” he said. “Britain doesn’t produce enough foals to be able to serve its own fixture list – it needs imports.“So it is absolutely imperative that there is no restriction of freedom of movement, for people or horses, and that there are no tariffs.”As is ingrained into EU law, Ireland and France will be prohibited from cosigning a bilateral agreement with non-EU countries, which will soon include the UK, without the EU’s permission. Thus if the tripartite agreement is thrown out of the window, the racing industry will undoubtedly suffer.Conor McGinn – LabourLabour MP for St Helens North Conor McGinn, who is also a co-chair for the All Party Parliamentary Group on Racing & Bloodstock, has joined the outcry regarding the issues that the industry faces.McGinn voiced concerns in The Racing Post, warning of ‘dire consequences’ if political divisions were not put aside. He claimed that “most of my parliamentary colleagues have little regard for racing and even less experience of it.“Worryingly, I get the sense that this widespread indifference could very easily metamorphose into hostility unless those of us who care about racing get our act together,” said McGinn.“Because at a time when racing is under intense scrutiny and faces many challenges, my fear is that if we don’t address politicians’ lack of interest and literacy, it could have dire consequences for our sport.”last_img read more

Aleksandar Petrović Is No Longer the Coach

first_imgAleksandar Petrović is no longer the coach of the B&H basketball team. The agreement with the B&H basketball federation lasted until September, which was the end of the European Championship in Slovenia, for which not even three wins were enough for our team to enter the second round.The board of directors of the B&H basketball federation at yesterday’s session decided to hold an open call for selectors. Also, Elmedin Konaković was selected as the new president of the board of directors at the session yesterday.(Source: Fena)last_img read more