ACE NEWS ROUNDUP

The top highlights come from across the stages of investment: early, growth and mature.  From our early stage investments we bring you two interesting stories: Transferwise, announced their bright green debit card which is giving banks a real run for their money.  In robot news, Hanson Robotics' Sophia made the cover of a fashion magazine!  Moving on to an investment in the growth stage, Myanmar Opportunities Fund was featured in Bloomberg with a story about how Melvyn Pun took over the family business, Yoma Strategic Holdings, and how he plans to increase investments in Myanmar.  And finally an investment from our mature stage, Optic Security, has announced expansion into Europe.

This Ex-Goldman Banker Quit to Take Over an Empire in Myanmar

Did you know that ACE has an investment vehicle focused on direct investments in Myanmar? Learn more about our partner on the ground – Yoma Strategic Holdings, and about how Melvyn Pun took over the family business and aims to triple Yoma’s market value within five years to at least $2.3 billion by expanding each of the consumer, automotive and real estate. This is the next generation of private equity.

TransferWise begins private launch of its consumer borderless account and bright green debit card

Transferwise is becoming more like a global bank everyday. Check out this story for more about their bright green debit card and how much it REALLY costs to send money abroad.

KKR-backed cyber firm Optiv expands into Europe with deals in mind

Optiv Security, a market-leading provider of end-to-end cyber security solutions, names Simon Church as General Manager and Executive Vice President, Europe; Check out the story here.

Robot Model On Fashion Magazine Cover Leaves Some Readers ‘Freaked Out’

Could models be replaced by ROBOTS? Sophia the humanoid dazzles on her first British fashion magazine cover! Check out the story here