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NEW YORK and SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM) , a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has promoted Rotem David, Parul Dubey, Sharif Khaleel, and Chris Setaro to new roles on its Executive Leadership Team. Rotem David has been promoted to Chief Product and Technology Officer (CPTO). At NPM, he is an active member of the company’s Executive Leadership Team. In Mr. David’s new role, he will lead NPM’s product and technology divisions worldwide, responsible for setting and executing the product roadmap as well as effectively bridging the gap between product vision and technical feasibility. He will oversee tech infrastructure, engineering, QA, and product. Mr. David has spent more than 10 years building out NPM’s portfolio of products which offers liquidity and data across various transaction and client types. Prior to NPM, he held lead engineering roles at SecondMarket and Nasdaq, Inc and is credited with helping to pioneer the first tender offer solution revolutionizing the way private companies provide secondary liquidity to their shareholders. Parul Dubey has been promoted to Managing Director and Head of the Private Client Group. In her new role, she now joins the Executive Leadership Team. Ms. Dubey will lead the development of NPM’s retail business to service individuals, family offices, and mid-sized entities. Previously, she was General Manager of the Capital Markets division, where she helped build the business from inception. Ms. Dubey was instrumental in launching several capstone products, including buy-side auctions and SecondMarketTM. Prior to NPM, she worked at Wellington Management as an Investment Specialist responsible for global fund launches and distribution for private equity and healthcare hedge funds. Ms. Dubey also held investment roles at a buyout firm and served on the Board of Steven Feller P.E. (a portfolio company). She started her career at PIMCO, servicing managed separate accounts for sovereign wealth funds, central banks, and family offices in the Middle East and Africa. Sharif Khaleel has been promoted to Managing Director and Head of Institutional Trading. At NPM, he is an active member of the company’s Executive Leadership Team. In his new role, Mr. Khaleel will lead the trading desk, overseeing relationships with institutional clients and broker-dealers. He has nearly 25 years of financial services experience. Prior to NPM, Mr. Khaleel was a Managing Director at Zanbato, where he specialized in executing institutionally sized blocks of private securities. Earlier in his career, he served as a Senior Portfolio Trader at BNY Mellon. Mr. Khaleel has also held various roles on the buy side, including Derivatives and Risk Analyst at Stillwater Investment Management, Senior Trader at Farallon Capital Management, and International Portfolio and Macro Trader at BlackRock, where he spent over four years. Chris Setaro has been promoted to Chief Compliance, Regulatory, and Risk Officer. At NPM, he is an active member of the company’s Executive Leadership Team. Mr. Setaro will now oversee all compliance, regulatory affairs, and risk management functions for the company worldwide. Prior to NPM, he was a Senior Vice President and the Head of Global Risk at Forge Global Inc. Previously, Mr. Setaro was the Global Chief Compliance Officer of SharesPost, Inc. and Chief Compliance Officer for its broker-dealer subsidiary SharesPost Financial Corporation. Earlier in his career, he was a Vice President at Nasdaq, Inc. serving as the Chief Compliance Officer for several of its broker-dealers. “As our business continues to evolve, we are focused on adding talented people and valuable resources to strengthen our company and core products. I am confident that Rotem, Parul, Sharif, and Chris will each position us for continued success and accelerate our ambitions to be a key partner to participants across the private market ecosystem,” said Tom Callahan, Chief Executive Officer, Nasdaq Private Market. “I am proud of their commitment to NPM thus far and look forward to their future contributions.” NPM partners with some of the world’s fastest-growing, venture-backed private companies to facilitate company-sponsored liquidity programs. Its electronic SecondMarketTM trading marketplace is gaining adoption by sellers and buyers who trade private company shares. The company’s Transfer and Settlement product efficiently manages share transfer activity from match through settlement for some of the most sophisticated private companies and investors. Its private market premium data product Tape DTM helps investors and entities better evaluate global investment opportunities. As an industry-leading provider in the secondary market, NPM has executed $55+ billion in transactional value across 760+ company-sponsored liquidity programs for venture-backed private companies as well as 200,000+ individual eligible shareholders and investors. About Nasdaq Private Market Nasdaq Private Market provides liquidity solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. In 2013, the company was founded within Nasdaq, Inc. Today it is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at www.nasdaqprivatemarket.com . Visit LinkedIn and X for the latest company news. Media Contacts Nasdaq Private Market Amanda Gold Chief Marketing Officer Amanda.Gold@npm.com Disclosures and Disclaimers NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/Master Builders Association doing Australia no favours on immigration policy
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Riley County, Kan., Will Switch Meeting Software in MarchSir Keir Starmer will set out a series of ‘milestones’ for achieving his Government’s aims over the next five years in a major speech on Thursday. The Prime Minister is set to promise a named, contactable police officer for every neighbourhood in England and Wales as he lays out his “plan for change” on Thursday. In a speech billed as setting out the “next phase” of his Government, Sir Keir Starmer is expected to detail ambitious “milestones” for achieving the five missions laid out in Labour’s manifesto. He will say: “My Government was elected to deliver change, and today marks the next step. People are tired of being promised the world, but short-term sticking plaster politics letting them down.” But Conservative leader Kemi Badenoch has already branded the speech an “emergency reset” after a challenging five months in office. Downing Street said the milestones would focus on raising living standards, rebuilding Britain, ending hospital backlogs, putting more police on the beat, giving children the best start in life and securing home-grown energy. Among the promises expected to be announced on Thursday is a guarantee that every neighbourhood will have a named, contactable police officer responsible for dealing with local issues. The Prime Minister is expected to describe the move as “a relief to millions of people scared to walk their streets they call home”, and promise a range of policing reforms to improve performance alongside £100 million to support neighbourhood policing. Labour has already pledged to recruit 13,000 new police officers, PCSOs and special constables, which would bring the total police workforce to a level above its 2010 peak. Police numbers following the 2010 election, before rising again after 2019 as the previous government pledged to recruit 20,000 police officers. While the number of officers reached record levels, the number of PCSOs and special constables continued to decline. The promise of a named officer for each community is intended to improve relations between the police and the public. Home Secretary Yvette Cooper said: “Out neighbourhood policing guarantee is about more than just increasing numbers. It’s about rebuilding the vital connection between the public and the police. “This marks a return to the founding principles of British policing – where officers are part of the communities they serve.” But the Conservatives said only a third of the 13,000 new recruits would be full police officers, while the £100 million would not cover what was needed to pay for them, leading to cuts elsewhere. Chris Philp, the shadow home secretary, said: “The Conservatives recruited over 20,000 extra police officers and gave the police an extra £922 million for policing this year, ensuring the police could protect the public and prosecute more criminals. “Starmer has once again misled the public by claiming to recruit an extra 13,000 officers when the actual number is 3,000, and even that is not properly funded.” Sir Keir’s policing announcement is expected to be one of several focused on the “missions” Labour set out in its manifesto, which were securing the “highest sustained growth” in the G7, making Britain a “clean energy superpower”, halving serious violent crime, breaking down “barriers to opportunity” and building an NHS “fit for the future”. Along with the targets set to be announced on Thursday, the Prime Minister is expected to propose a significant programme of public sector reform as his Government continues to face questions on how it will achieve its aims without further raising taxes or borrowing. The Prime Minister will say: “Hard working Brits are going out grafting every day but are getting short shrift from a politics that should serve them. “They reasonably want a stable economy, their country to be safe, their borders secure, more cash in their pocket, safer streets in their town, opportunities for their children, secure British energy in their home, and an NHS that is there when they need it. “My mission-led Government will deliver.”None