Monday, September 26, 2011

About Brightbridge

http://www.brightbridgewm.com/about.php


Brightbridge is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.
Brightbridge is manager of -- or principal advisor to -- private equity funds covering Asia, Latin America, Europe, Africa, and the Islamic countries that span the globe from North Africa through the Middle East and into Asia. These funds represent aggregate capital commitments of nearly $6.0 billion and several are the largest of their kind in their particular region.
Brightbridge's initial focus and one of its continuing core strengths has been investments in "infrastructure" in emerging market economies. Over time, however, Brightbridge has expanded this focus, allowing us to accumulate investment experience in a wide range of sectors from heavy industry, mining, oil and gas to basic materials and even restaurants.
Brightbridge's broad global experience and the large size of its funds has allowed it to become a prime choice as an investment partner for regional companies and local entrepreneurs. Brightbridge is also a pioneer in structuring innovative partnerships with international corporate strategic investors. Brightbridge has partnered with leading international corporations, including Vivendi, Marubeni, and AES in the power sector, AT&T, Orange, and Bell Canada in the telecommunications sector, and Pilkington in the glass industry.

Brightbridge Wealth Management

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Wednesday, September 14, 2011

Brightbridge Wealth Management Headlines: Celtic set for Madrid after Sion suffer a double blow

http://brightbridgewealthmanagement-mag.com/


Celtic coach Neil Lennon seems to have the green light to prepare for European football this season
DOUBTS over Celtic’s participation in the Europa League group stages next week were all but dispelled last night when the president of Swiss side Sion admitted that his club is unlikely to be reinstated ahead of the opening match of the group stages.
The Swiss club’s place in the group stage of the competition was handed by Uefa to play-off opponents Celtic after ineligible players featured in their tie last month, which Sion won 3-1 on aggregate. Sion vowed to have the decision overturned, but they were dealt a double legal blow yesterday when they failed in a bid to initiate two court proceedings in Switzerland.
However, the club’s irrepressible president, Christian Constantin says they will continue the fight to be reinstated in the Europa League, and even raised the prospect of the Europa League being suspended. The group stage starts next Thursday, with Celtic scheduled to play Atletico Madrid in Spain.
The Parkhead club, who have already started selling tickets for their Europa League fixtures, also face Group I clashes with Udinese and Rennes. However Constantin is determined to cause as much trouble as possible for Uefa. Sion had until 11pm last night to appeal the decision to expel the club. But the club could also take their case to the Court of Arbitration in Sport and Constantin would not rule out further legal challenges.
“It’s not finished,” said Constantin. “We might not make it to Madrid but perhaps, after that, the justice system might ask the competition to stop and allow our re-integration. You can start the competition and then a judge might say stop.”
Sion will need to find a different court to those which heard cases brought by the club and individual players yesterday. Sion brought proceedings against Uefa in their district court in Valais. However, the court deemed their application “inadmissible” as it does not have the jurisdiction to rule against European football’s governing body, with the organisation’s Nyon headquarters residing in the canton of Vaud.

Brightbridge Wealth Management Headlines: Barcelona, Madrid set to resume league domination

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Barcelona and Real Madrid are set to resume their domination in the Spanish league this weekend, as their rivals band together to level the financial playing field against the two giants.
Spain’s traditional powerhouses recorded lopsided victories in the opening league round and could very well do so again Saturday as Barcelona is at Real Sociedad and Madrid welcomes Getafe in a Spanish capital derby.
With the duo’s grip on Spanish football ever strengthening, at least a dozen of the remaining 18 topflight clubs are meeting Thursday to discuss measures aimed at improving TV revenue sharing. About half of that money currently goes to Barcelona and Madrid, with the pair pulling in at least $250-million.
For Barcelona, centre back Carles Puyol trained normally Thursday and the Spain defender could play for the first time since May after recovering from knee surgery. Gerard Pique remains sidelined for the match at the Anoeta stadium with a calf injury.
Coach Pep Guardiola survived without the pair in the season’s opening win, using a Johan Cruyff-, total football-inspired 3-4-3 formation that displayed the virtues of Barcelona’s star-studded midfield and allowed newcomers Cesc Fabregas and Alexis Sanchez to get on the scoresheet.
“Evidently this Barca is better than last year’s,” defender Daniel Alves said. “We’ve incorporated great players, world stars, so it’s inevitable we’ll be better.”
The three-time defending Spanish champions will use the contest to prepare for Tuesday’s game against AC Milan as the European champions begin their Champions League defence.
Madrid is at Dinamo Zagreb on Wednesday but first has its opening match of the season at the Santiago Bernabeu Stadium with midfield signings Nuri Sahin and Hamit Altintop still sidelined by injury.
Defenders Ricardo Carvalho and Pepe appeared side-by-side in good spirits despite problems with Portugal last week, when Carvalho walked out on his national side citing Pepe’s insertion into the starting lineup without having trained as unacceptable.
“At Real Madrid the collective rather than the players matter,” coach Jose Mourinho was quoted as saying on the club’s website.
Meanwhile, Villarreal must quickly forget about the 5-0 loss to Barcelona with Sevilla visiting on Saturday, and Zaragoza looks to bounce back from its 6-0 defeat to Madrid at newly promoted Rayo Vallecano on Sunday.
“We need to play our best football if we want to achieve good results,” Villarreal midfielder Cani said. “We need to forget about the game against Barcelona because that was only three points and it’s all done.”
Valencia welcomes Atletico Madrid and Radamel Falcao could make his debut after the Colombia striker joined Atletico from FC Porto in a C40 million deal.
Malaga is looking for a first victory at El Rosaleda against newly promoted Granada on Monday, after the high-spending club opened the season with defeat to Sevilla.
On Sunday, it’s: Racing Santander vs. Levante; Osasuna vs. Sporting Gijon; Real Betis vs. Mallorca; and Espanyol vs. Athletic Bilbao.

Wednesday, August 10, 2011

Brightbridge Wealth Management Headlines: Swiss Exporters Mull Euro Wages to Ease ‘Brutal’ Franc Gain

http://brightbridgewealth-management.com/category/sports/


Swiss companies are taking matters into their own hands as the central bank shows little willingness to weaken the franc after it surged to a record.
Lonza Group AG (LONN), a Swiss chemicals maker, is extending work hours without additional pay, while the country’s Labor Union Federation representing about 380,000 workers said it’s in talks with companies about taking steps such as paying wages in euros and pegging salaries to exchange-rate moves. ABB Ltd. (ABBN), the world’s largest maker of power-transmission gear, is weighing whether to buy more parts from the euro region to lower costs.
“The franc has a brutal impact on exporters,” said Hans Hess, president of Swissmem, the largest lobby group for manufacturers, in a telephone interview from Zurich. “It’s as if Formula One driver Sebastian Vettel had to start behind his opponents. To win under these conditions is very difficult.”
The Swiss National Bank signaled it’s up to exporters to deal with the appreciation after attempts to weaken the franc through currency purchases in the 15 months through mid-June 2010 sparked a record loss for the central bank. That has prompted lawmakers to call for SNB President Philipp Hildebrand to resign for failing to protect the economy.
The currency, considered a haven in times of turmoil, has appreciated 8.3 percent against the euro this year, reaching a record 1.1495 today, as investors were concerned that the region’s debt crisis may undermine Europe’s stability. It traded at 1.1546 at 7:34 a.m. in Zurich. The franc has gained 15 percent versus the dollar in 2011.

Brightbridge Wealth Management

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Brightbridge Wealth Management Headlines: Dollar May Increase Without Agreement on U.S. Debt Ceiling, Citigroup Says

http://brightbridgewealth-management.com/category/stock-market/


By Joe Ragazzo - Jul 25, 2011 9:34 AM PT
A failure by President Barack Obama and U.S. lawmakers to reach an accord raising the debt ceiling and cutting the budget deficit may fuel a short-term rise in the dollar as investors seek safety, according to Citigroup Inc.
“When risk aversion picks up and uncertainty dominates market psychology, people look for the most liquid and deepest markets they can find, and that’s historically been U.S. Treasuries and U.S. dollars,” Andrew Cox, a currency strategist at Citigroup in New York, said in a telephone interview.
The stalemate between the White House and congressional Republicans over increasing the $14.3 trillion debt ceiling and reducing the deficit has pushed stocks down and is likely to contribute to a move away from higher-risk assets, Citigroup said in a note to clients today.
Standard & Poor’s reiterated July 21 it may cut the U.S. debt rating to AA+ from AAA if a deal is reached that doesn’t address the U.S.’s long-term debt burden. The New York-based ratings company said the chance of a downgrade during the next three months is 50 percent. It placed the rating on “CreditWatch” for a downgrade on July 14.

Tuesday, July 5, 2011

Brightbridge Wealth Management Headlines: Lulzsec Hackers at it Again

http://brightbridgewealthmanagement-advice.com/2011/06/brightbridge-wealth-management-headlines-lulzsec-hackers-at-it-again/

A man crosses the Central Intelligence Agency logo in the lobby of CIA Headquarters in Langley, Virginia, Aug. 14, 2008
In today’s TechBytes: another high profile website has been hacked.
The group that claims it attacked the websites of Nintendo, Sony and the U.S. Senate claims it took the CIA’s public website offline. No sensitive data were tapped or stolen.
The agency said the site contains no classified data, and there was no impact on operations.

Washable Earphones
If your earbuds get sweaty during workouts, you may wish you could just throw them in the washing machine.
Pioneer is out with the first washable earphones. You can also use them in the shower.
They’re available in a variety of colors for $60.

GPS Gone Wrong
Finally, a story of technology gone bad. Three out of town visitors to Bellevue, Wash., said they were following directions from their GPS as they tried to get back to their hotel late and night, and instead, drove their rented SUV down a boat ramp and into a swamp.
They’re fine, but we’re not sure about the GPS.

Brightbridge Wealth Management Headlines: Bitcoin ‘will recover’ from crash

http://brightbridgewealth-management.com/2011/06/brightbridge-wealth-management-headlines-bitcoin-will-recover-from-crash/

The virtual currency Bitcoin will “bounce back” after a hack attack caused its value to collapse, according to one of its senior developers.
Gavin Andresen said he hoped the crisis would lead to better security on sites where Bitcoins are bought and sold.
Prices on the main exchange, Mt.Gox, fell from $17.50 (£10.80) to almost zero when a large number of stolen Bitcoins were dumped on the market.
Trading was suspended and eventually rolled back to pre-crash rates.
Mt.Gox revealed details of the security breach on June 20 with an announcement on its website.
“It appears that someone who performs audits on our system and had read-only access to our database had their computer compromised. This allowed for someone to pull our database,” the statement read.
Around the same time, an unidentified person accessed one of the compromised accounts and sold all of its Bitcoins.
They then attempted to buy the coins again and withdraw them in US dollars.
The fraudster was partially foiled when they hit Mt.Gox’s $1000 daily limit.
The decision to reset the Bitcoin rate to a point just before the malicious trades were placed was criticised by some users who had taken the opportunity to buy low.
“Why should everyone who profited from the crash suffer your inability to secure the site?” wrote a user called Elments.
Questionable future
Although the problem was caused by security failings at Mt.Gox, it has raised wider questions about the viability of Bitcoin as a virtual currency.
Continue reading the main story