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Pacific Life
Pacific Life Insurance Company is an American insurance company. History Pacific Mutual Life was founded in 1868 by former California Governor, Leland Stanford in Sacramento, California. Stanford also was the first policy holder of the company. After Stanford died and his university (Stanford University) was strapped for money, his wife used the money from the policy to pay for professors. Starting in 1885, Pacific Mutual Life began issuing accident insurance, which was an innovative move for a life insurance company at the time. In 1906, Pacific Mutual Life merged with Conservative Life, a Los Angeles–based life insurance company. Following the 1906 San Francisco earthquake, Pacific Mutual Life's board of directors moved the company to Los Angeles. Since 2005, the company is domiciled in the state of Nebraska. During the Great Depression, the company was hit with hard times and in 1936 in an effort to save both the policy holders and the company the insurance commissioner, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1868 Establishments In California
Events January * January 2 – British Expedition to Abyssinia: Robert Napier leads an expedition to free captive British officials and missionaries. * January 3 – The 15-year-old Mutsuhito, Emperor Meiji of Japan, declares the ''Meiji Restoration'', his own restoration to full power, under the influence of supporters from the Chōshū and Satsuma Domains, and against the supporters of the Tokugawa shogunate, triggering the Boshin War. * January 5 – Paraguayan War: Brazilian Army commander Luís Alves de Lima e Silva, Duke of Caxias, enters Asunción, Paraguay's capital. Some days later he declares the war is over. Nevertheless, Francisco Solano López, Paraguay's president, prepares guerrillas to fight in the countryside. * January 7 – The Arkansas constitutional convention meets in Little Rock. * January 9 – Penal transportation from Britain to Australia ends, with arrival of the convict ship ''Hougoumont'' in Western Australia, after an 8 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1868
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of The United States
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impact Investment
Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an alignment of an investor's beliefs and values with the allocation of capital to address social and/or environmental issues. Impact investors actively seek to place capital in businesses, nonprofits, and funds in industries such as renewable energy and education. microfinance, Institutional investors, notably North American and European development finance institutions, pension funds and endowments have played a leading role in the development of impact investing. Under Pope Francis, the Catholic Church saw an increased interest in impact investing. Impact investing occurs across asset classes; for example, private equity/venture capital, debt, and fixed income. Impact investments can be made in either emerging or developed markets, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-level Political Forum On Sustainable Development
The United Nations High-level Political Forum on Sustainable Development (HLPF), a subdivision of both the United Nations General Assembly and the United Nations Economic and Social Council, is responsible for the entire organization's policy on sustainable development. It adopts negotiated declarations, reviews commitment and the progress of the 2030 Agenda for Sustainable Development (the 17 Sustainable Development Goals, SDGs or Global Goals). The Forum replaced the Commission on Sustainable Development on the 24 September 2013. Meetings of the Forum are open to all Member States of the United Nations. Mandate and tasks As the Forum is held under the authority of both the Economic and Social Council and the General Assembly, the body hosts two different types of meetings: * While under the auspices of the General Assembly: Once every four years at the level of Heads of State and Government for a period of two days. * While under the auspices of the Economic and Social Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impact Investing
Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an alignment of an investor's beliefs and values with the allocation of capital to address social and/or environmental issues. Impact investors actively seek to place capital in businesses, nonprofits, and funds in industries such as renewable energy and education. microfinance, Institutional investors, notably North American and European development finance institutions, pension funds and endowments have played a leading role in the development of impact investing. Under Pope Francis, the Catholic Church saw an increased interest in impact investing. Impact investing occurs across asset classes; for example, private equity/venture capital, debt, and fixed income. Impact investments can be made in either emerging or developed markets, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aristotle Capital Management
Aristotle Capital Management is an American investment management firm headquartered in Los Angeles, California. The firm has both equity and fixed income strategies. Background The origins of Aristotle can be traced back to its predecessor, Metropolitan West Capital Management (MWCM), a large-cap equity value investing business under Metropolitan West Financial. It was founded by Howard Gleicher, Gary Lisenbee and Steve Borowski in 1997. The three of them were previously principals at Palley-Needelman Asset Management. In June 2006, MWCM sold a majority controlling interest to Evergreen Investments, whose parent was Wachovia, but its founders continued to work at the firm in senior management. In January 2009, Wachovia was acquired by Wells Fargo, resulting in Evergreen Investments becoming part of Wells Fargo Asset Management. The concerns over the acquisitions led to Gleicher and Borowski leaving in 2010 to found Aristotle. Both said that the non-compete agreements the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Humpback Whale
The humpback whale (''Megaptera novaeangliae'') is a species of baleen whale. It is a rorqual (a member of the family Balaenopteridae) and is the monotypic taxon, only species in the genus ''Megaptera''. Adults range in length from and weigh up to . The humpback has a distinctive body shape, with long pectoral fins and tubercles on its head. It is known for Cetacean surfacing behaviour, breaching and other distinctive surface behaviors, making it popular with whale watching, whale watchers. Males produce a complex Whale sound, song that typically lasts from 4 to 33 minutes. Found in oceans and list of seas, seas around the world, humpback whales typically animal migration, migrate between feeding areas towards the poles and breeding areas near the equator. They feed in Polar region, polar waters and migrate to tropics, tropical or subtropical waters to breed and give birth. Their diet consists mostly of krill and small fish, and they usually Bubble-net feeding, use bubbles to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Investment Management Company
Pacific Investment Management Company LLC (PIMCO) is an American investment management firm. While it has a specific focus on active fixed income management worldwide, it manages investments in many asset classes, including fixed income, equities and other financial assets across public and private markets. PIMCO is one of the largest investment managers, actively managing more than $2 trillion in assets for central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, as well as individual investors around the world. According to the Sovereign Wealth Fund Institute, PIMCO is the 6th-largest asset manager in the world by managed AUM. PIMCO's headquarters are in Newport Beach, California, near the Pacific Ocean. The firm has over 3,100 employees working in 22 offices throughout the Americas, Europe, and Asia. PIMCO and Allianz Global Investors manage around €2.5 trillion of third-party assets. PIMCO is also the world's largest active ETF manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
