Edmond De Rothschild News

UK-based offshore vessel operator North Star has secured a £140 million (currently around $171 million) financing package.The company, building a fleet of service operation vessels for offshore wind operations, said Tuesday it would use the funds to support the next phase of its ambitious offshore wind growth plan.The investment includes a £50 million commitment from the Scottish National Investment Bank (The Bank), as well as IFM Investors, Edmond de Rothschild’s BRIDGE, and RBC Capital Markets."The Bank’s investment aligns with its mission to support Scotland’s transition to net zero…

The seventy foot MOD70 trimaran 'Edmond de Rothschild', sailed by French duo Sebastien Josse and Charles Caudrelier broke the finish line of the 5450 miles Transat Jacques Vabre race this afternoon at 15hrs 03mins 57s local time (17h 03m 57h UTC GMT) to take overall line honours and win the MOD70 class. After starting from Le Havre on Thursday 7th November at 13hrs local time, Edmond de Rothschild took just 11 days, 5hours, 3 minutes and 54 second to cover the course. They sailed at a real average speed of 22.12kts for their actual distance that they sailed of 5952miles.

On-Net Surveillance Systems, Inc. (OnSSI) announced that Yoav Millet has joined the organization as COO/CFO. Millet will employ his talents and experience in growth and change management to enhance OnSSI’s financial, operational and business strategies as it continues to assert itself as the industry leader in surveillance technology. Prior to joining OnSSI, Millet held positions serving as COO at IncentOne; Managing Partner at M-CAM; Senior Managing Director of alseT-IP Structured Finance LLC; and Managing Director for Juno Investments, LLC. Millet also previously co-led the investment banking activities of Clali & Associates Financial Management (LCF Edmond de Rothschild Group) as well as management positions within various institutional investment companies.