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Aleph Zero Launches NEON Program, Enlists Major Global Partners Including Pairpoint, Backed by Vodafone and Sumitomo

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    Zug, Switzerland, September 10th, 2024, Chainwire

    The Next-Gen Enterprise and Opportunity Navigator (NEON) program will support global enterprises on their journey into web3, fostering innovation and widespread adoption of blockchain technology.

    The Aleph Zero Foundation, a pioneer in privacy-enhancing blockchain infrastructure, announces the launch of its NEON Program, a comprehensive initiative designed to support enterprises from various sectors in harnessing the power of blockchain technology. The program will deliver dedicated resources, expert guidance, and ease of access to innovative technology to facilitate deeper integration of privacy-enhancing blockchain technology across various business use-cases.

    The NEON Program goes beyond traditional enterprise support by offering a comprehensive suite of resources tailored to each member’s unique needs and ambitions in the web3 space. At its core, the program provides a team of dedicated business and technical experts who work closely with members to navigate the complexities of web3 integration. 

    The program caters to a wide range of companies, from those taking their first steps into web3 to seasoned players. This hands-on approach is complemented by a wealth of educational resources, in-depth workshops, and tailored support designed to keep members at the forefront of market and tech developments. By fostering connections with industry experts and exploring potential new revenue streams through ecosystem participation, the NEON Program empowers enterprises to not just adapt to the evolving digital landscape, but to actively shape it.

    “Blockchain technology is rapidly expanding into diverse industries, powering an ever-growing array of use cases,” said Antoni Zolciak, Co-founder of Aleph Zero. “As this landscape evolves, businesses need expert guidance to navigate and harness this technology effectively. We’re incredibly proud to launch the NEON Program, offering tailored support that empowers enterprises at all stages of blockchain adoption. Our goal is to foster innovation, drive adoption, and help businesses unlock the full potential of web3 in their operations.”

    Strategic Partnerships Across Industries

    Aleph Zero has already secured partnerships with global leaders in the telecommunications sector, including Deutsche Telekom and stc Bahrain, demonstrating the blockchain’s capability to meet the rigorous demands of large-scale operations. The program is expanding to include companies and organizations from various industries:

    • Pairpoint (A Vodafone and Sumitomo Company): Born from two leading multinationals, Vodafone and Sumitomo, Pairpoint enables devices to act as autonomous ‘economic agents’, allowing them to transact directly between them to create better user experiences. For example, electric cars can pay for their energy, delivery trucks can sell spare capacity, or smart meters can sell their solar production to their neighbors.
    • CAMARA Foundation (Linux Foundation): Launched in 2021 under the Linux Foundation and GSMA, the CAMARA Project aims to standardize APIs for telecommunications networks. Aleph Zero joined as the first blockchain General Member to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration is the Blockchain Public Address API, which could revolutionize how users interact with blockchain technologies on mobile devices.

    “At Pairpoint, we’re exploring privacy-focused technologies in the evolving ‘Economy of Things,’ where devices are becoming smarter and more autonomous,” said Siva Balasuriyar, CFO and Web3 Lead at Pairpoint. “Joining the NEON program provides Pairpoint with the resources and partnerships we need to strengthen our own knowledge, whilst collaborating with Aleph Zero and others in navigating this groundbreaking landscape. Supported by this partnership, Pairpoint will deploy and operate validator nodes to enhance the resilience and security of the blockchain infrastructure.”

    Introducing the Next-Gen Enterprise & Opportunity Navigator Program

    The launch of the Next-Gen Enterprise & Opportunity Navigator (NEON) Program marks a new phase in Aleph Zero’s engagement with enterprises. NEON is designed to help members effectively navigate the ecosystem, providing crucial support and fostering collaboration. With Aleph Zero’s unique technology stack that features advanced zero-knowledge privacy capabilities, the program is particularly appealing for applications requiring stringent data privacy.

    Membership Benefits of the NEON Program:

    • Dedicated Account Manager: Each member is assigned a Single Point of Contact (SPOC) for personalized business and technical support.
    • Regular Insights: Members gain access to the latest ecosystem insights through regular updates from the NEON Program.
    • Exclusive Networking Opportunities: Members can participate in exclusive networking opportunities at key web3 conferences, events, hackathons, and ecosystem dinners.
    • Exploratory Workshops: Members have the opportunity to engage in workshops designed to explore opportunities within Web3 and the Aleph Zero platform.
    • Custom AZERO Addresses: Each member receives a unique “yourcompany.azero” enterprise blockchain address.
    • Access to Focus Groups: Members can join specialized focus groups on “Data & Tooling,” “Loyalty, Art & Collectibles,” and “Web3 Education,” each tailored to provide in-depth exploration of specific areas of interest.

    For more information on how to join the Aleph Zero NEON Program and benefit from its offerings, please visit the official website.

    About Aleph Zero

    Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.

    For more information, readers can visit https://alephzero.org/ 

    About Pairpoint

    Pairpoint is creating the world’s largest Economy of Things (EoT) Ecosystem by providing a secure digital platform that allows vehicles, devices, and machines to autonomously and seamlessly interact and trade with each other.

    Headquartered in the UK with offices in London and Lisbon, Pairpoint is backed by a €60M investment from Vodafone Group and Sumitomo Group. For more information on Pairpoint, readers can visit https://www.pairpoint.io. 

    For any enquiries about this release, readers can please contact josh@serotonin.co 

    Contact

    PR Manager
    Josh Adams
    Aleph Zero
    josh@serotonin.co

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    S64 and Invesco launch new European real estate fund for Private Wealth channel

    2024-09-17T08:00:00Z

    LONDON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- S64, the global alternative investments fintech and solutions partner to the wealth management industry, and Invesco Asset Management Limited (Invesco), the US$1.7 trillion global investment management firm, have announced a partnership to broaden access to Invesco Real Estate’s European III Fund to the wealth management industry in Europe and Asia.

    The new European Real Estate III Feeder Fund (Europe III Feeder) invests in Invesco’s dedicated value-add and opportunistic strategy – Invesco Real Estate Europe III (Europe III). The Europe III Feeder follows Invesco’s focus on enabling High Net Worth investors to invest in institutional quality real estate targeting high returns through an innovative digital distribution platform built by S64.

    The Europe III Fund seeks to capitalise on an attractive entry point to fundamental, long-term value creation. The fund held its first close with EUR 400m, and is targeting up to EUR 1 billion of investor commitments, as it builds on Invesco Real Estate’s European value-add track record and the success of two previous funds. Overall, the value-add strategies have completed 39 investments across six sectors in 10 countries, with 21 realised investments delivering a 35% gross IRR and 1.7x gross EM.1 Consistent with Invesco’s ESG principles, more than 80% of the invested capital from the last two capital raises has been allocated to investments achieving high ESG certifications.”

    Simon Redman, Managing Director – Head of Wealth and DC at Invesco Real Estate commented: “We are delighted to be partnering with S64 to bring the Europe III Feeder to private wealth investors. In Europe, there is a disconnect between two cycles — the traditional real estate cycle linked to fundamentals, which remains on a sound footing, and the capital markets cycle which is driven by sharply higher interest rates and a lack of liquidity. We believe the resulting pricing correction has created a buying opportunity for investors able to see through the short-term noise.”

    Tarun Nagpal, Founder and CEO of S64, commented: “We are proud to be partnering with a global investment leader such as Invesco to support the delivery of the Invesco Real Estate Europe III to the wealth management industry in Europe and Asia. This partnership signals the latest step in the evolution of private markets as S64’s market-leading product manufacturing capabilities and cutting-edge technology platform is fused with Invesco’s asset management capabilities to optimize access for private wealth clients looking to invest in alternatives.”

    Notes to Editors

    About Invesco Ltd.

    Invesco Ltd. (Ticker NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. With offices in more than 20 countries, our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. Invesco managed USD 1.7 trillion in assets on behalf of clients worldwide as of 30 June 2024. For more information, visit www.invesco.com/corporate.

    About Invesco Real Estate

    Invesco Real Estate is a global leader in the real estate investment management business with EUR 82.5 billion in real estate assets under management, 613 employees and 21 regional offices across the U.S., Europe and Asia. Invesco Real Estate has a 40-year investment history and has been actively investing across the risk-return spectrum, from core to opportunistic, in equity and debt real estate strategies, and in direct and listed real estate for its c.500 institutional client relationships during this time. In Europe, Invesco Real Estate has eight offices in London, Munich, Milan, Madrid, Paris, Prague, Luxembourg and Warsaw, and 188 employees. It manages 208 assets across 14 European countries and with assets under management of EUR 15.4 billion. The team has a strong track record across all the commercial sectors, hotels and residential sectors. Source: Invesco Real Estate as at 31 December 2023.

    About S64

    S64 is a leading global alternatives and technology solutions business bridging the opportunity in private markets. It works with the world’s first-class asset managers and private banks across private equity, credit, real estate, infrastructure and impact to develop innovative solutions for private banks and wealth managers.

    S64 is the trusted partner to the world's leading GPs, asset managers, and private banks in EMEA and APAC who rely on S64's cutting-edge technology and unrivalled product manufacturing capabilities to unlock access to private markets. As the pioneering manufacturer of retail access solutions such as ELTIFs, LTAFs and evergreen semi-liquid funds, feeders and securitised solutions, S64 sits at the forefront of innovation in private markets for private wealth. 

    S64’s innovative technology platform offers the full lifecycle management of alternative assets — from structuring and distribution to financing, as well as secondary market capabilities meeting complex regulatory and cross border jurisdictional requirements across Europe and Asia.

    Its team draws on an award-winning legacy in fund and product solutions, digital innovation and international distribution, having pioneered alternative investment platforms for more than a decade.

    As the leading manufacturer of evergreen semi-liquid funds, ELTIFs and feeders, S64 is trusted to deliver products, solutions and market leading technology to the world’s leading GPs, asset managers, and private banks.

    Press contact:
    Invesco Real Estate
    Hugh Fasken
    Senior Director, Citigate Dewe Rogerson
    Tel.: +44 (0)20 7025 6435
    Email: hugh.fasken@citigatedewerogerson.com

    Press Contact:
    S64
    Michael Mpofu
    Director, Citigate Dewe Rogerson
    Tele: +44 (0)79 326 81947
    Email: Michael.mpofu@citigatedewerogerson.com

    Risk warnings
    For complete information on risks, refer to the legal documents. The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.

    Real estate investments can be illiquid and difficult to sell, and the fund may not be able to sell its assets when desired and at the intended price.
    The value of the investments is generally determined by an independent valuer’s opinion and may not be realizeable. The value of real estate loans may be significantly influenced by the value of the underlying real estate. Real estate investments are generally not listed on any market and need to be valued via the application of appropriate models (potentially applied by independent experts): this may lead to valuations which may not be reflected in transaction prices.
    Changes in market rents, net operating incomes, interest rates, FX rates, market trends and general economic conditions may result in fluctuations of the value of the assets, of the relevant portfolio and of the level of cash-flows generated by the fund's portfolio; fixed-rate loans with long maturities are more exposed to value fluctuations in reaction to interest rates' movements.
    The fund may use derivatives and borrowings, which may result in the fund being significantly leveraged and may result in large fluctuations in the value of the invested capital.
    Real estate investments and portfolios are exposed to counterparty risk, which is the risk that a counterparty is unable to deal with its obligations.
    Real estate loans are exposed to credit risk which is the risk of inability of the borrower to repay the interest and capital on the scheduled dates and at maturity. Loans or loans’ tranches with lower seniority (mezzanine, junior) bear a higher credit risk as those loans sit behind more senior ones in the repayment queue; the risk may be exacerbated in times of stress and in case of underperforming loans. Loans with high loan to value ratios (LTVs) or those secured on development assets are generally viewed as more risky than those with low LTVs or those secured on income-generating assets. Commercial mortgage lending is generally viewed as greater risk than residential mortgage lending since the repayment typically depends upon the successful operation of the underlying properties.
    Real estate investments can be exposed to sustainability-related regulatory requirements and trends that may negatively affect the value of investments which are not compliant. This may lead to a requirement for significant capital expenditure in order to meet mandated standards or characteristics.
    In addition, real estate investments can be also significantly exposed to negative economic effects stemming from climate change, natural disasters and the general investors' preference for assets with better sustainability features.
    Real estate investments are labour-intensive and require a significant amount of human/manual input and activities, and may therefore be exposed to several types of operational risk that may affect activities such as administration, operations, reporting obligations and many others.
    On top of typical real estate related risks, investments in real estate operating companies and in real estate platforms may embed governance and business risks that, if materialized, may negatively affect the value of the investments and the cash-flows generated.

    Important information about Invesco Real Estate Europe III
    This marketing communication is for trade press only. By accepting this document, you consent to communicate with us in English, unless you inform us otherwise.
    Data as of 1st July 2024 unless otherwise stated.

    This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. Views and opinions are based on current market conditions and are subject to change.

    For more information on our funds and the relevant risks, please refer to the Offering Memorandum, the Annual or Interim Reports, and constituent documents (all available in English). These documents are available from your local Invesco office. The management company may terminate marketing arrangements.

    Any investment decision should take into account all the characteristics of the fund as described in the legal documents. For sustainability related aspects, please refer to www.invesco.com/emea/en/invesco-real-estate-management.html

    Marketing of the fund in the EEA is permitted to Professional Clients only. The fund is a dedicated Luxembourg closed-ended unregulated fund. It qualifies as an alternative investment fund (AIF) managed by Invesco Real Estate Management S.à r.l. as external alternative investment fund manager (AIFM).

    This document is issued in Austria, Denmark, Finland, Germany, Italy, The Netherlands, Spain, United Kingdom, Sweden by: Invesco Real Estate Management S.a.r.l., President Building, 37A Avenue JF Kennedy, L - 1855 Luxembourg, regulated by the Commission de Surveillance du Secteur Financier, Luxembourg.

    EMEA 3802870/2024

    1 27% net IRR (Internal Rate of Return) and 1.5x net EM (Equity Multiple). Source: Invesco Real Estate as of 31 March 2024. Past Performance does not predict future returns.


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