Featured Stories
Vishay Intertechnology Commercial and Automotive Grade Low Profile Common Mode Chokes Offer High Shock and Vibration Resistance
MALVERN, Pennsylvania, Sept. 2 -- Vishay Intertechnology Inc. issued the following news release on Sept. 1, 2026:
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Vishay Intertechnology Commercial and Automotive Grade Low Profile Common Mode Chokes Offer High Shock and Vibration Resistance
Vishay Intertechnology, Inc. (NYSE: VSH) today introduced two new low profile common mode chokes for high current automotive, energy, and industrial applications. Available in both surface-mount and through-hole packages, the Vishay Dale commercial ICMS2321-10 and Automotive Grade ICMS2321-1A combine a heat rating current to 30 A with a 1500 VDC dielectric
... Show Full Article
MALVERN, Pennsylvania, Sept. 2 -- Vishay Intertechnology Inc. issued the following news release on Sept. 1, 2026:
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Vishay Intertechnology Commercial and Automotive Grade Low Profile Common Mode Chokes Offer High Shock and Vibration Resistance
Vishay Intertechnology, Inc. (NYSE: VSH) today introduced two new low profile common mode chokes for high current automotive, energy, and industrial applications. Available in both surface-mount and through-hole packages, the Vishay Dale commercial ICMS2321-10 and Automotive Grade ICMS2321-1A combine a heat rating current to 30 A with a 1500 VDC dielectricwithstand voltage between coils.
With their low profile, the devices released today offer a reduced size and volume, making them more resistant to shock and vibration, while their enhanced core design increases performance and saturation current at high temperatures up to +150 C. Offering a self-shielded, rugged construction, the common mode chokes are ideal for DC/DC converters, high voltage inverters, EMI filters, and high current filters for noise suppression in motor control and other circuitry. The AEC-Q200 qualified ICMS2321-1A is well suited for use in automotive on-board chargers.
In addition to their surface-mount and through-hole mounting options, the ICMS2321-10 and ICMS2321-1A offer customizable inductance, impedance, DCR, and current ratings. Devices with surface-mount terminations are available in tape and reel packaging and are compatible with automated pick and place assembly for increased flexibility in board layouts. The common mode chokes are RoHS-compliant, halogen-free, and Vishay Green.
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TABLE: Device Specification Table
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Samples and production quantities of the ICMS2321-10 and ICMS2321-1A are available now, with lead times of 12 weeks.
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Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.(R) Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.vishay.com.
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Original text here: https://www.vishay.com/en/company/press/releases/2026/ICMS-2321-10-et-al/
[Category: BizElectronic Products]
Mayer Brown Further Strengthens Its Market-leading Finance Team With Lateral Team Hire
CHICAGO, Illinois, Sept. 2 [Category: BizLaw/Legal] -- Mayer Brown, a law firm, issued the following news on Sept. 1, 2026:
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Mayer Brown further strengthens its market-leading Finance team with lateral team hire
London - Mayer Brown today announced that the leading leveraged finance and high yield team of Rob Mathews, David Becker, and Ben Bierwirth has joined the firm as partners in its London Banking & Finance practice, further strengthening its Leveraged Finance and Private Capital team.
The trio are an established and long-standing team with a strong track record of collaboration across
... Show Full Article
CHICAGO, Illinois, Sept. 2 [Category: BizLaw/Legal] -- Mayer Brown, a law firm, issued the following news on Sept. 1, 2026:
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Mayer Brown further strengthens its market-leading Finance team with lateral team hire
London - Mayer Brown today announced that the leading leveraged finance and high yield team of Rob Mathews, David Becker, and Ben Bierwirth has joined the firm as partners in its London Banking & Finance practice, further strengthening its Leveraged Finance and Private Capital team.
The trio are an established and long-standing team with a strong track record of collaboration acrosscomplex capital structures. Their appointment marks a significant further strengthening of Mayer Brown's Finance team, enhancing its high yield, term loan B and leveraged finance capabilities in London while complementing the firm's existing strengths in syndicated lending, direct lending, restructuring, structured finance and capital solutions. The team joins from Baker McKenzie.
Their arrival also strengthens Mayer Brown's position as a fully integrated platform for New York and English law debt and equity solutions, enabling clients to access coordinated advice across financing products, capital structures and jurisdictions through a single global platform.
Rob, David and Ben will offer transatlantic and global expertise to clients across EMEA, the US and APAC, while bringing additional breadth and depth to the firm's Capital Solutions platform.
Alex Dell, Global Co-Head of Mayer Brown's Banking & Finance practice, said:
"Rob, David and Ben's appointments highlight Mayer Brown's continued momentum in the leveraged finance sphere and commitment to offering clients both exceptional depth and breadth of expertise across borders. We are delighted to welcome them to the firm."
Rob Mathews joins Mayer Brown as one of the most experienced lawyers in the London market, with decades of experience advising on multinational corporate and financing transactions. He acts for global investment banks, financial sponsors and corporates on high yield and other complex financing matters.
David Becker is a highly regarded lawyer with over 25 years of experience advising across capital markets, high yield and leveraged finance. He advises banks, private credit and alternative capital providers, borrowers and issuers across the full credit lifecycle, with particular experience in the pharmaceuticals, life sciences, technology, real estate and hospitality sectors.
Ben Bierwirth has extensive experience advising on complex leveraged finance transactions and cross-border high yield debt offerings. His practice spans syndicated credit facilities, US securities law, restructurings, debt exchanges, tender offers and liability management transactions; clients value his commercially-minded and meticulous approach.
The appointment of the team also adds further high yield and bank-facing capability and scale to Mayer Brown's Capital Solutions offering. With restructurings and liability management exercises increasingly combining loans, equity and high yield debt under complex intercreditor and shared-security arrangements, Rob, David and Ben's wide-ranging expertise amplifies the firm's existing strengths in real estate, structured finance, restructuring, private credit and private equity, further enhancing Mayer Brown's ability to advise clients across complex capital structures on a fully integrated basis.
Additionally, these hires deepen Mayer Brown's transatlantic strength, augmenting the firm's US capabilities on the ground in London; with substantial experience advising on New York law high yield transactions from London, Rob, David, and Ben will help connect Mayer Brown's European client base even more closely with its leading US Finance and Restructuring capabilities.
Dominic Griffiths, London Managing Partner, commented:
"Rob, David, and Ben are market leaders, client-focused, and commercially-minded, adding a wealth of transatlantic experience to the team; we are very pleased to welcome them to Mayer Brown."
These appointments continue Mayer Brown's London Finance & Banking expansion, following the arrivals this year and last of Emerging Markets partner James Clarke, Leveraged Finance partners David Miles, Philip Butler and Sarah Goodwin, Structured Finance partners Chris McGarry and Adam Farrell, and Corporate Trustee partner Kevin Ng.
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Original text here: https://www.mayerbrown.com/en/news/2026/09/mayer-brown-further-strengthens-its-market-leading-finance-team-with-lateral-team-hire
LEAP 2026: HPE Advances 'Saudi Made' Strategy With Expanded Portfolio and New Initiatives to Accelerate Saudi Innovation
SPRING, Texas, Sept. 2 -- Hewlett Packard Enterprise, an information technology company, issued the following news release on Sept. 1, 2026:
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LEAP 2026: HPE advances 'Saudi Made' strategy with expanded portfolio and new initiatives to accelerate Saudi innovation
New programs strengthen local technology production, solution development and innovation capabilities in support of Saudi Vision 2030
In this article
* HPE, Intel and the Ministry of Communications and Information Technology launch Saudi Made, Developed, Deployed initiative to accelerate locally built AI solutions
* HPE expands
... Show Full Article
SPRING, Texas, Sept. 2 -- Hewlett Packard Enterprise, an information technology company, issued the following news release on Sept. 1, 2026:
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LEAP 2026: HPE advances 'Saudi Made' strategy with expanded portfolio and new initiatives to accelerate Saudi innovation
New programs strengthen local technology production, solution development and innovation capabilities in support of Saudi Vision 2030
In this article
* HPE, Intel and the Ministry of Communications and Information Technology launch Saudi Made, Developed, Deployed initiative to accelerate locally built AI solutions
* HPE expandsits 'Saudi Made' production portfolio to include HPE storage and alfanar Factory Services to deliver locally integrated, application-ready infrastructure systems
* HPE and Intel announce plans to establish a Saudi Innovation Center to support collaboration, validation and development of Saudi-developed solutions
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Riyadh, Saudi Arabia - HPE (NYSE: HPE) today announced a series of new investments and initiatives at LEAP 2026 that further expand its contribution to Saudi Arabia's technology ecosystem. Key announcements include the launch of 'Saudi Made, Developed, Deployed' program, the expansion of HPE's locally produced technology portfolio, and plans to establish a Saudi Innovation Center at HPE's new offices in Riyadh. Together, these initiatives are strengthening local technology production, developing skills and creating new opportunities for Saudi technology companies, supporting Saudi Vision 2030.
"The investments we are announcing at LEAP represent the next phase of HPE's long-term commitment to Saudi Arabia," said Mohammad Alrehaili, Vice President and Managing Director, Middle East, HPE. "By expanding our local infrastructure production and connecting it with Saudi-developed technology, skills and integration and support service capabilities, we are helping customers accelerate innovation while strengthening the Kingdom's end-to-end technology ecosystem."
'Saudi Made, Developed, Deployed' connects infrastructure, innovation and local delivery
Announced on the main stage at LEAP 2026, 'Saudi Made, Developed, Deployed' is a new initiative from HPE, Intel and the Ministry of Communications and Information Technology designed to accelerate the development, validation and commercialization of AI and digital transformation solutions in Saudi Arabia. The initiative will connect 'Saudi Made' infrastructure with Saudi-developed applications and intellectual property, as well as implementation and support delivered by Saudi-based organizations, to create market-ready solutions and blueprints for priority industries.
"A competitive digital economy depends on local capability, skilled talent and an ecosystem that can turn ideas into solutions with measurable impact," said Nasser Al Nasser, Technology Deputy Minster, Ministry of Communications and Information Technology. "The 'Saudi Made, Developed, Deployed' program will bring together technology leaders, Saudi innovators and local delivery expertise to strengthen the Kingdom's AI ecosystem and support its continued economic diversification."
Through the initiative, Saudi companies will receive access to Saudi-made infrastructure platforms, hybrid cloud capabilities and engineering expertise provided by HPE, as well as the compute and AI technologies, architecture guidance, model optimization and developer enablement contributed by Intel. The Ministry of Communications and Information Technology will support engagements across the Saudi technology ecosystem and alignment with the Kingdom's digital transformation and AI ambitions. Founding software partners will include ShaheenAI, MOZN and OmniOps, contributing locally developed AI platforms and capabilities. Alnahil Computers will serve as the lead systems integration and deployment partner, supporting the packaging of certified solutions, project delivery, customer onboarding and ongoing operational support.
Expanding the 'Saudi Made' portfolio from production to services
HPE is expanding its locally produced 'Saudi Made' technology portfolio to include HPE Alletra Storage MP B10000 and HPE Alletra Storage MP X10000, giving customers in the region a broader foundation for modernizing mission-critical applications, managing growing volumes of data and accelerating AI initiatives. Together, the platforms provide resilient block, file and object storage, the flexibility to scale performance and capacity independently as requirements evolve, and a unified cloud-based management experience through GreenLake. They will help organizations simplify storage operations, support data-intensive workloads and make enterprise data more readily available for AI and analytics, while benefiting from locally produced technology infrastructure.
Furthermore, HPE and alfanar have introduced enhancements to the in-country server production and enablement offering, helping customers deploy customized infrastructure solutions across the Middle East. The expanded relationship formalizes alfanar's role as HPE's manufacturing and assembly partner in Saudi Arabia, supporting the production, testing and fulfilment of the broader HPE 'Saudi Made' solutions portfolio. Through the new factory services, customers now have the option to have their locally built HPE infrastructure systems pre-integrated, pre-configured and pre-tested. The offering includes component integration, system configuration, testing, certification, quality assurance, logistics coordination, local fulfilment and lifecycle service readiness, helping customers reduce deployment complexity and move more quickly from infrastructure procurement to operational use.
"The expansion of the 'Saudi Made' portfolio marks an important step in the development of Saudi Arabia's advanced technology production capabilities," said Abdullah Al Sulami, General Manager Power Solutions, alfanar. "Through our partnership with HPE, we are moving beyond local assembly to provide integrated, tested and application-ready systems that can help customers deploy technology more efficiently, while strengthening local expertise and supply chain resilience."
New Saudi Innovation Center will support collaboration and technical validation
HPE and Intel also announced plans to establish a Saudi Innovation Center at HPE's new offices in Riyadh. The Center will provide a dedicated environment in which customers, solution providers, startup innovators and ecosystem partners can collaborate, test solutions, conduct technical validation and demonstrate Saudi-developed technologies. It will connect Saudi-made infrastructure with locally developed platforms, software and implementation expertise, while supporting AI talent through technical training and developer enablement. The 'Saudi Made, Developed, Deployed' solutions will be among the outputs supported by the Center, with the broader objective of helping organizations validate practical business outcomes and move new ideas towards deployment and commercialization.
"Saudi Arabia's ambition to build a globally competitive, innovation-led digital economy is creating important opportunities to develop AI solutions closer to the customers and industries they serve," said Taha M. Khalifa, General Manager for Middle East and Africa, Intel Corporation. "Through our collaboration with HPE, the Ministry of Communications and Information Technology and Saudi ecosystem partners, Intel will contribute AI and compute technologies, technical expertise and developer enablement to help turn locally developed ideas into validated, deployable solutions. The Saudi Innovation Center and the 'Saudi Made, Developed, Deployed' initiative can help connect local talent, software innovation and infrastructure to accelerate practical AI adoption in support of Vision 2030."
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About HPE
HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.
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Original text here: https://www.hpe.com/us/en/newsroom/press-release/2026/09/leap-2026-hpe-advances-saudi-made-strategy-with-expanded-portfolio-and-new-initiatives-to-accelerate-saudi-innovation.html
[Category: BizComputer Technology]
Hughes Hubbard & Reed: Jeremy Paner Discusses U.S. Treasury's First Action Targeting a Bank Under "Operation Economic Outcast"
NEW YORK, Sept. 2 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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Jeremy Paner Discusses U.S. Treasury's First Action Targeting a Bank Under "Operation Economic Outcast"
Treasury's proposed action would sever Banque Misr UAE's access to the U.S. financial system.
Highlights
* U.S. Treasury proposed cutting off Banque Misr UAE from the U.S. financial system over allegations that it handled nearly $2 billion in transactions linked to Iran.
* Action likely in close coordination with UAE authorities.
* The proposed special measure against the UAE bank will cause challenges
... Show Full Article
NEW YORK, Sept. 2 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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Jeremy Paner Discusses U.S. Treasury's First Action Targeting a Bank Under "Operation Economic Outcast"
Treasury's proposed action would sever Banque Misr UAE's access to the U.S. financial system.
Highlights
* U.S. Treasury proposed cutting off Banque Misr UAE from the U.S. financial system over allegations that it handled nearly $2 billion in transactions linked to Iran.
* Action likely in close coordination with UAE authorities.
* The proposed special measure against the UAE bank will cause challengesfor its Egyptian parent.
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Jeremy Paner spoke with Arabian Gulf Business Insight about the U.S. Treasury Department's proposal to cut off Banque Misr UAE from the U.S. financial system over allegations that it handled nearly $2 billion in transactions linked to Iran since 2024.
Paner said the action "is particularly striking because of the long-standing special relationship between the U.S. Treasury and the UAE government."
"The Emiratis generally cooperate with the U.S. Treasury to address sanctions and money laundering concerns," he said. "I am confident that was the case here and there is likely more to be announced soon."
The article notes that, if finalized, the designation would bar U.S. banks from providing Banque Misr UAE with correspondent banking services. While the Egyptian parent company is not directly impacted, Paner said the action could have broader consequences.
"...it's going to cause real problems for the Egyptian bank because every bank around the world is going to be looking at the non-UAE branches more carefully," he said.
Paner also noted that, unlike sanctions imposed by the Treasury Department's Office of Foreign Assets Control, the Treasury's Financial Crimes Enforcement Network's designation would not technically freeze Banque Misr UAE's U.S. assets but would make accessing them exceedingly difficult.
Read the article (https://www.agbi.com/banking-finance/2026/08/us-alleges-iranian-laundering-through-banque-misr/).
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Featured Lawyers
Jeremy P. Paner
Partner
Locations
Washington, D.C.
jeremy.paner@hugheshubbard.com
+1 (202) 721-4614
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Original text here: https://www.hugheshubbard.com/news-insights/insights/jeremy-paner-discusses-us-treasury-s-first-action-targeting-a-bank-under-operation-economic-outcast
[Category: BizLaw/Legal]
Gartner Survey Finds Only 22% of Organizations Have Successfully Scaled AI Across Multiple Business Units
STAMFORD, Connecticut, Sept. 2 (TNSCrep) -- Gartner, an information technology research and advisory company, issued the following news release:
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Gartner Survey Finds Only 22% of Organizations Have Successfully Scaled AI Across Multiple Business Units
Despite Lack of Success, Investment in AI Continues to Accelerate
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Only 22% of organizations have successfully scaled AI across multiple business units or adopted an AI-first approach according to a survey by Gartner, Inc., a business and technology insights company. Roughly 11% of organizations are entirely unaware of what their function
... Show Full Article
STAMFORD, Connecticut, Sept. 2 (TNSCrep) -- Gartner, an information technology research and advisory company, issued the following news release:
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Gartner Survey Finds Only 22% of Organizations Have Successfully Scaled AI Across Multiple Business Units
Despite Lack of Success, Investment in AI Continues to Accelerate
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Only 22% of organizations have successfully scaled AI across multiple business units or adopted an AI-first approach according to a survey by Gartner, Inc., a business and technology insights company. Roughly 11% of organizations are entirely unaware of what their functionspent on AI in 2025.
A Gartner survey from January-April 2026 of 1,303 respondents from organizations with enterprisewide annual revenue of at least $50 million in fiscal year 2025 found that, despite this lack of success, investment in AI continues to accelerate. Eighty-five percent of functional leaders plan to increase spending in 2026 after dedicating an average of 12% of their functional budgets to AI in 2025.
"This lack of financial visibility heightens risk as spending accelerates," said Tina Nunno, Distinguished Vice President & Gartner Fellow. "Without disciplined measurement tied directly to business outcomes, organizations risk wasted resources and unmet expectations."
High performers - companies that constantly track ROI of AI initiatives, treat AI as a portfolio of value and regularly assess project performance and reallocate or discontinue underperforming initiatives - reported positive returns in 81% of their AI initiatives, while low performers reported they did not know the rate of return for 29% of AI initiatives.
Furthermore, most functions are prioritizing productivity gains over bold transformation or new revenue streams. Productivity was a key target outcome for 75% of functional leaders (see Figure 1), and it commands approximately 30% of functional AI spend on average, nearly twice the percentage of the next highest objective.
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Figure 1: Productivity Is the Top Outcome Functions Target with AI (Percentage of Leaders, Multiple Responses)
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"Functional leaders who track every dollar spent by outcome category, such as productivity, revenue growth, risk mitigation, or innovation, are best positioned to defend investments and reallocate quickly if their projects underperform," said Nunno. "Without disciplined measurement tied directly to business objectives, organizations open themselves up to misallocation and missed opportunities as scrutiny intensifies."
Popular AI Use Cases Rarely Deliver the Highest Returns
The most widely pursued AI use cases are rarely the ones delivering the highest positive returns. Functional leaders are frequently falling into the trap of prioritizing "popular" or heavily hyped AI applications over those that generate tangible value.
When contrasting the top three use cases pursued with AI versus the top three use cases with the largest proportion of leaders reporting positive returns, a clear disconnect emerges for IT. Cybersecurity threat detection and response (54%), IT service desk automation (54%) and automated code generation and refactoring (44%) were all identified as the most frequently pursued AI use cases by C-suite leaders. However, intelligent IT asset and cost optimization (40%), synthetic data generation (28%) and automated code generation and refactoring (23%) were identified as the top three AI use cases with positive returns.
"Organizations are seeing the greatest quantifiable value from less common, strategically selected use cases that are closely aligned to their unique business needs," said Nunno. "CEOs and CIOs must pinpoint which AI use cases truly drive positive financial returns, so they can set clear, effective targets for every function and leader."
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Additional Insights Available
Gartner clients can read more in C-Suite AI Survey: How High AI Performers Differ From the Rest (https://www.gartner.com/document-reader/document/8127329?ref=TypeAheadSearch) and C-Suite AI Survey Reveals Misdirected Bets and Overlooked Wins (https://www.gartner.com/document-reader/document/8114597?ref=solrAll&refval=573197442&).
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Gartner is the World Authority on AI
Gartner is the indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 4,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.
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Gartner IT Symposium/Xpo
Additional analysis on AI return on investment will be presented during Gartner IT Symposium/Xpo, the world's most important conference for CIOs and other IT executives. Gartner analysts and attendees will explore how to become agents of change in their organizations and harness AI for successful digital transformation. Follow news and updates from the conferences on X and LinkedIn using #GartnerSYM, and on the Gartner Newsroom.
Upcoming dates and locations for Gartner IT Symposium/Xpo include:
September 14-16, 2026 | Gold Coast, Australia
October 19-22, 2026 | Orlando, FL
November 4-6, 2026 | Yokohama, Japan
November 9-12, 2026 | Barcelona, Spain
November 16-18, 2026 | Kochi, India
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About Gartner for AI Leaders
Gartner for AI Leaders provides insights, guidance and tools to help heads of AI accelerate the implementation of enterprisewide AI initiatives and deliver measurable business value. Additional information is available at https://www.gartner.com/en/information-technology/products/gartner-for-ai-leaders.
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Original text here: https://www.gartner.com/en/newsroom/press-releases/gartner-survey-finds-only-22-percent-of-organizations-have-successfully-scaled-ai-across-multiple-business-units
[Category: BizConsulting]
Federated Hermes Enters Strategic Alliance With Conduit Digital Holdings on Tokenized Money Market Fund in Asia Pacific
PITTSBURGH, Pennsylvania, Sept. 2 -- Federated Hermes, an asset manager, issued the following news release on Sept. 1, 2026:
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Federated Hermes enters strategic alliance with Conduit Digital Holdings on tokenized money market fund in Asia Pacific
* Builds on over 50-years of money markets innovation
* Further evidence of commitment to evolving Digital Assets Product and Strategy
* Continues growth of APAC product offering following recent announcement of Hong Kong expansion plans
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Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced a strategic alliance
... Show Full Article
PITTSBURGH, Pennsylvania, Sept. 2 -- Federated Hermes, an asset manager, issued the following news release on Sept. 1, 2026:
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Federated Hermes enters strategic alliance with Conduit Digital Holdings on tokenized money market fund in Asia Pacific
* Builds on over 50-years of money markets innovation
* Further evidence of commitment to evolving Digital Assets Product and Strategy
* Continues growth of APAC product offering following recent announcement of Hong Kong expansion plans
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Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced a strategic alliancewith Singapore-based Conduit Digital Holdings Pte Ltd, part of the Conduit Group, to support the launch of a regulated tokenized distribution structure in APAC. Under this arrangement, the Conduit-managed investment fund will invest in the Federated Hermes Short-Term U.S. Prime Fund. Shares of the Conduit fund, which provide exposure to the underlying Federated Hermes fund, will then be tokenized and offered to institutional and wholesale investors, in APAC.
For over 50 years, Federated Hermes has been a leader in money market innovation with US$676.9 billion/1 in money market assets under management. The Federated Hermes Short-Term U.S. Prime Fund is an actively managed, UCITS-authorized money market fund that aims to provide current income while maintaining daily liquidity and a stable principal value. It invests primarily in high-quality, U.S. dollar-denominated short-term debt instruments like commercial paper and certificates of deposit.
Federated Hermes' strategic alliance with Conduit builds on a series of recent money market initiatives including: an alliance with UK-based Archax, an FCA-regulated digital securities exchange, to provide tokenized access to three UCITS money market funds; participation in an industry-wide, regulated initiative using mirrored tokenization to enhance transferability, collateral utility and real-time tracking of fund shares; and the launch of Federated Hermes' first GENIUS Act-aligned money market fund in the US, designed to support stablecoin reserve use cases, with potential for future tokenization/tokenized share classes.
Federated Hermes' approach to regulated digital assets, tokenization and next-generation investment infrastructure is led by Kevin Barr, who was appointed as Director, Digital Assets Product and Platform Strategy in May 2026.
This announcement represents Federated Hermes' first digital assets initiative in APAC, demonstrating a continued commitment to the growing digital asset ecosystem in the market by enhancing visibility and supporting customer needs through its role as the underlying asset manager to this tokenized offering. Earlier this year, Federated Hermes announced plans to expand its Asia-Pacific footprint - which includes existing offices in Singapore, Tokyo and Sydney - with the opening of a Hong Kong office as part of a long-term growth strategy to deepen relationships with private banks, family offices, wealth intermediaries and institutional investors across the region.
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1/ As of 30 June 2026
Kevin Barr, Director, Digital Assets Product and Platform Strategy at Federated Hermes comments: "We are excited to support innovative cash management solutions that better serve client needs, building on our legacy of innovation in the money market fund space. Vaults represent a compelling evolution in investment management, and we see a significant opportunity to bring our legacy of trust and fiduciary responsibility to this emerging space. We continue to explore on-chain distribution opportunities to enhance flexibility and accessibility, while preserving access to the stability and yield characteristics typically associated with money market funds. Today's announcement reflects our continued commitment to building a larger digital asset presence, leveraging one of our core strengths in liquidity management.
Jim Roland, Head of Business Development, Asia Pacific and Australia at Federated Hermes further added: "Tokenized products represent a new and evolving way to engage with our clients, combining our investment expertise with Conduit's MAS-regulated end-to-end tokenization capabilities and regional distribution network. Our customers in the APAC market are leading worldwide adoption of tokenization, making this strategically important region a highly receptive market the natural choice for the launch our latest digital assets initiative."
Richard Schroder, Co-Founder and CEO of Conduit Digital Holdings commented: "We are delighted to work with Federated Hermes to have their U.S. Prime Fund as the anchor product of the CDH tokenized multicurrency money market offering. We are committed to unlocking the full utility of these tokens - moving beyond simple settlement to enable use as collateral, multicurrency management, and integration into AI agentic treasury management systems. This is where the real efficiency gains for our customers lie, and we are building the infrastructure to make that a reality."
Chris O'Meara, CEO of Conduit Asset Management and Chairman of the Conduit Group, added: "This collaboration with Federated Hermes marks a defining moment for the Conduit Group. Conduit Digital Holdings sits at the heart of our vision for the future of asset management in Asia-Pacific - bringing institutional-grade products onchain through regulated, MAS-licensed infrastructure. As investment manager to the fund, Conduit Asset Management is proud to combine our fiduciary oversight with the strength of an active manager with over 50 years of money market leadership. The Group is fully committed to Conduit Digital Holding's growth, and this launch is only the first step in building the institutional access layer for tokenized real-world assets across the region."
This is a corporate communication and is not to be construed as a solicitation or an offer to buy or sell any securities in the US. Shares of the fund have not been and will not be registered under the US Securities Act of 1933, as amended (the "1933 Act") or the securities laws of any of the states of the US. The Shares may not be offered or sold directly or indirectly in the US or to or for the account or benefit of any US Person.
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About Federated Hermes
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $911.6 billion in assets under management, as of June 30, 2026. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.
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About Conduit Digital Holdings
Conduit Digital Holdings (CDH) is a specialized digital assets firm dedicated to the tokenization of Real-World Assets. By leveraging distributed ledger technology (DLT), we work with investment managers to provide investors with fractional access to high-value assets with enhanced liquidity, automated compliance, and real-time settlement. CDH was created by Conduit Group in Singapore, a leading independent investment and financial services firm.
Website: https://www.conduit.group/
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URL: Conduit Digital Holdings
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Original text here: https://www.federatedhermes.com/newsroom/federated-hermes-enters-strategic-alliance-with-conduit-digital-holdings-on-tokenized-money-market-fund-in-asia-pacific
[Category: BizFinancial Services]
Ameresco, Neogenyx Fuels and Adams Land & Cattle Celebrate Groundbreaking of Renewable Natural Gas Facility in Nebraska
FRAMINGHAM, Massachusetts, Sept. 2 [Category: BizEnergy] -- Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, posted the following news release on Aug. 31, 2026:
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Ameresco, Neogenyx Fuels and Adams Land & Cattle Celebrate Groundbreaking of Renewable Natural Gas Facility in Nebraska
First agricultural RNG project for Neogenyx Fuels will convert livestock manure into pipeline-quality renewable natural gas while supporting economic development
FRAMINGHAM, MA and Broken Bow, NE - Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure company, today
... Show Full Article
FRAMINGHAM, Massachusetts, Sept. 2 [Category: BizEnergy] -- Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, posted the following news release on Aug. 31, 2026:
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Ameresco, Neogenyx Fuels and Adams Land & Cattle Celebrate Groundbreaking of Renewable Natural Gas Facility in Nebraska
First agricultural RNG project for Neogenyx Fuels will convert livestock manure into pipeline-quality renewable natural gas while supporting economic development
FRAMINGHAM, MA and Broken Bow, NE - Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure company, todayannounced the groundbreaking of a renewable natural gas facility being developed by Ameresco through its subsidiary Neogenyx Fuels at the Adams Land & Cattle feedlot in Broken Bow, Nebraska.
The August 26, 2026 ceremony brought together agricultural, energy, government, and community leaders to recognize the start of construction on Neogenyx Fuels' first agricultural RNG facility and highlights the growing role renewable fuels can play in supporting agriculture, domestic energy production, and economic development.
The groundbreaking drew strong attendance and featured remarks from Nebraska Governor Jim Pillen, U.S. Senator Pete Ricketts, Neogenyx Fuels CEO Michael Bakas, Adams Land & Cattle CEO Abram Babcock, and American Biogas Council Vice President of Policy Heather Dziedzic. The event concluded with an official groundbreaking ceremony and tour of the future facility site.
The Neogenyx Fuels-owned facility is designed to capture manure from the feedlot and convert it into renewable natural gas through eight anaerobic digesters capable of generating more than 4,400 SCFM of biogas. Once upgraded to pipeline-quality RNG, the facility is expected to produce approximately 1.2 million MMBtu annually for transportation and other energy applications. Process byproducts will be beneficially reused onsite as livestock bedding and agricultural fertilizer. The project is also expected to reduce greenhouse gas emissions by approximately 63,700 metric tons annually, equivalent to the carbon sequestered by roughly 63,800 acres of U.S. forest each year.
"Last week's groundbreaking demonstrated what's possible when agriculture, innovation, and energy infrastructure come together," said Leila Dillon, Senior Vice President and Chief Marketing Officer at Ameresco. "The Adams Land & Cattle project is not only transformational for the operation and the broader agricultural sector, but it also provides a blueprint for how American agriculture can play a larger role in the global energy economy."
"The Adams Land & Cattle RNG facility demonstrates how American agriculture can play an important role in the future of renewable fuels," said Michael Bakas, CEO of Neogenyx Fuels. "By converting livestock waste into renewable natural gas with the potential to support bio-LNG production for global maritime markets, this project connects Nebraska to the growing demand for lower-carbon energy solutions across the world while driving private investment, job creation and local economic growth."
"Innovation has always been part of who we are at Adams Land & Cattle. This project reflects our commitment to finding better ways to operate, support our local farmers and strengthen the community we call home," said Abram Babcock, CEO of Adams Land & Cattle, LLC. "Through our partnership with Neogenyx Fuels, we are converting a resource we have always managed into pipeline-quality renewable natural gas, while creating a more consistent fertilizer product for local agriculture. It is an important step in advancing our sustainability goals and supporting our vision of building a business for generations to come."
To learn more about Neogenyx Fuels, visit www.neogenyxfuels.com.
To learn more about Ameresco, visit www.ameresco.com.
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About Ameresco, Inc.
Ameresco, Inc. (NYSE: AMRC) is a leading energy infrastructure company delivering integrated solutions to create reliable power and modernize infrastructure. The company's Power Infrastructure business integrates energy resources across behind-the-meter and utility-scale systems. Its Buildings & Public Infrastructure business modernizes the built environment with smart, connected solutions that optimize performance and enhance resilience. Ameresco is a trusted full lifecycle partner, delivering over $15 billion in solutions and contracting over 5 GW of energy resources since its founding in 2000. Headquartered in Massachusetts, Ameresco serves public and private sector customers across North America and Europe. Learn more at www.ameresco.com.
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About Neogenyx Fuels
Neogenyx Fuels is a premier developer, owner, and operator of advanced fuel solutions accelerating the global energy transition. Built on decades of leadership in beneficial use of biogas as a baseload energy resource, Neogenyx Fuels is advancing a new era of technical innovation and capital investment in the next generation of biofuels. Our combination of technical independence, engineering expertise, and operational rigor enables us to deliver resilient energy solutions at scale to communities, utilities, and industries globally. Neogenyx Fuels is forged by two acclaimed industry leaders: Ameresco (NYSE:AMRC) - a leading energy infrastructure solutions provider - and HASI (NYSE:HASI) - a leading investor in sustainable infrastructure assets. Neogenyx Fuels is owned 70% by Ameresco and 30% by HASI. Neogenyx Fuels's portfolio spans every phase of project development, construction, and operation with unwavering dedication to safety, reliability, and performance. Drawing on more than 25 years of leadership in electric generation, thermal supply and renewable natural gas, Neogenyx Fuels provides the expertise and innovation our customers need to advance the energy transition. Explore more at www.neogenyxfuels.com.
The announcement of the entry into a renewable energy asset arrangement is not necessarily indicative of the timing or amount of revenue from such arrangement, of Ameresco's overall revenue for any particular period or of trends in Ameresco's overall total assets in development or operation. Ameresco's share of this asset was included in Ameresco's previously reported assets in development as of June 30, 2026.
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URL: Neogenyx Fuels
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Original text here: https://www.ameresco.com/ameresco-neogenyx-fuels-and-adams-land-cattle-celebrate-groundbreaking-of-renewable-natural-gas-facility-in-nebraska/pr
