26th Edition Global Family Office Investment Summit Held in Cannes Under the Patronage of Cannes Mayor H.E. David Lisnard
Summit Host Hadi Al Alawi, Chairman of Al Hayat Group, Kingdom of Bahrain, opened the event with a gracious welcome and powerful opening remarks that set a tone of unity, vision and purpose. He then introduced Cannes Deputy Mayor Thomas de Pariente, whose inspiring Welcome Address energized the room. The momentum continued with an Opening Keynote by Alan Smithson, Founder of Unlimited Awesome, who challenged family offices to lead the charge in shaping the future of AI, education, and clean energy.
"Several entrepreneurs have already received investor funding commitments and strategic support, which underscores the Summit Series' reputation as a powerful platform for capital deployment and collaboration," said Hadi Al Alawi.
"Our Summits are always popular with forward-thinking leaders who are dedicated to uncovering groundbreaking investment opportunities. Together, we are dedicated to setting the stage for growth and success for generations ahead," said Anthony Ritossa, Founder of the Global Family Office Investment Summit Series.
"What an amazing experience. The setting, fellow family offices and the content were fantastic!" said Wendy Craft, CEO, Elle Family Office.
Gordon Einstein, founder of CryptoLaw partners, served as the Summit's Master of Ceremonies. Gordon attended the event with his wife Iryna and infant son Joseph. "These Summits always provide huge value for the speakers and participants. I love that they seamlessly join solid investment insight, current family office trends, a view on future technology, and audience interaction. I also applaud Anthony and Hadi on their selecting Cannes as the venue. This was a breath of fresh air."
Attendees engaged in lively fireside chats and panel discussions covering a wide range of timely topics such as:
Artificial Intelligence & Web3 Innovation
Sustainable Infrastructure & Renewable Energy
Healthcare, Biotechnology & Longevity
Philanthropy, Family Legacy & Governance
Real Estate, Private Equity & Global Markets
Cross-border co-investment opportunities
The evolving digital asset and crypto landscape
Breakthroughs in healthcare, biotech, and longevity
Purpose-driven philanthropy and impact investing
A rare look inside the operations of iconic family offices
The Summit also highlighted the growing role of women and next-generation leaders in shaping global investment priorities. Influential speakers such as Katie Hilborn, Sofia Romanoff, Rosemary Sagar, Wendy Craft and Aria Oh led conversations on empowering women, advancing inclusion, and redefining the future of purpose-driven capitalism.
In a special ceremony, Lifetime Achievement Awards were presented to distinguished leaders:
H.E. David Lisnard, Mayor of Cannes (Special thanks to Deputy Mayor Thomas de Pariente for accepting the award on the Mayor's behalf)
Hadi Al Alawi, Chairman of Al Hayat Group, Kingdom of Bahrain
Wendy Craft, CEO, Elle Family Office
Rosemary Sagar, Principal & CIO, Sagar Family Office
Ziad Atrissi, JW Marriott Executive
Anthony Ritossa, Global Family Office Investment Summit Series Founder
Following the success in Cannes, the Global Family Office Investment Summit Series will continue with upcoming events in Miami, Dubai and also back to Cannes - further reinforcing its commitment to global collaboration, sustainability, and investor leadership.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
2 hours ago
- Globe and Mail
Buy, Sell or Hold Astera Labs Stock? Key Tips Ahead of Q2 Earnings
Astera Labs ALAB is set to report its second-quarter 2025 results on Aug. 5. For the to-be-reported quarter, ALAB expects revenues between $170 million and $175 million, suggesting an increase between 7% and 10% year over year. Earnings are expected between 32 cents and 33 cents per share. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $172.7 million, indicating an increase of 124.7% from the figure reported in the year-ago quarter. The consensus mark for earnings is currently pegged at 33 cents per share, unchanged over the past 30 days and suggests massive 153.85% growth over the figure reported in the year-ago quarter. ALAB's earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 28.41%. Let's see how things are shaping up prior to this announcement. Factors to Note for ALAB's Q2 Earnings Astera Labs expects accelerated shipments of Scorpio P-Series switches and Aries 6 retimers on a customized rack-scale AI platform based on market-leading GPUs to boost top-line growth. Scorpio revenues are expected to grow sequentially in the second quarter. Astera Labs is benefiting from strong demand for Aries and Taurus product families, both expected to grow on a sequential basis in the second quarter of 2025. Diversification across both GPU and custom ASIC-based systems for a variety of applications, including scale-up and scale-out connectivity, is a key catalyst for ALAB's Aries product family. Continued deployment of AI and general-purpose systems at leading hyperscaler customers is benefiting the Taurus system. However, uncertainty over tariff-related issues and stiff competition from the likes of Credo Technology CRDO and Broadcom AVGO are major headwinds. The company continues to invest in product development to stay ahead of the competition. In first-quarter 2025, research and development (R&D) expenses jumped 20% year over year to $64.6 million. Operating expense is expected to be between $73 million and $75 million in the second quarter of 2025, driven by higher R&D expenses. ALAB Shares Underperform Sector Astera Labs shares have dropped 1% year to date, underperforming the broader Zacks Computer and Technology sector's return of 9.1% and the Zacks Internet Software industry's return of 17.5%. ALAB Stock's Performance Astera Labs stock is not so cheap, as the Value Score of F suggests a stretched valuation at this moment. In terms of the forward 12-month Price/Sales, ALAB is trading at 26.26X, higher than the industry's 5.65X. Price/Sales (F12M) Astera Labs is currently trading above the 50-day and 200-day moving averages, indicating a bullish trend. ALAB Trades Above 50-Day and 200-Day SMAs Strong Portfolio Aids Astera Labs Amid Growing Competition Astera Labs has emerged as a key player in next-gen data center connectivity with a full-stack portfolio spanning PCIe 6.0, Ultra Accelerator (UA) Link, and CXL 3.0. Apart from shipping PCIe Gen 6 Scorpio P-Series Smart Fabric Switches, Aries 6 PCIe/CXL Smart Retimers, and Aries 6 PCIe Smart Cable Modules, the company added Aries 6 PCIe Smart Gearboxes. The addition of PCIe 6 over Optics Technology is noteworthy. Astera Labs plans to provide a broad portfolio of connectivity solutions for the entire AI rack through purpose-built silicon hardware and software to support computing platforms based on both custom ASICs and merchant GPUs is a key catalyst. UA Link, which combines the memory semantics of PCIe and the fast speed of Ethernet, but is devoid of the software complexity and performance limitations of Ethernet, is a game-changer. ALAB expects to deliver UA Link solutions in 2026 to solve scale-up connectivity challenges for next-generation AI infrastructure. The growing proliferation of UA Link is expected to be a multibillion-dollar additional market opportunity for Astera Labs by 2029. A rich partner base that includes NVIDIA NVDA, Alchip and Wistron is noteworthy. Astera Labs has showcased the first end-to-end PCIe 6 interoperability with NVIDIA's Blackwell GPU and Micron's NVMe SSD, with both Aries 6 PCIe Smart Retimer and Scorpio-P PCIe SmartFabric Switch. ALAB is advancing next-gen data center infrastructure with the introduction of a PCIe 6-ready reference design based on NVIDIA Blackwell-based MGX platform that leverages Scorpio Smart Fabric Switches for AI and cloud infrastructure. ALAB has announced a collaboration with NVIDIA to provide scale-up connectivity solutions for the new NVIDIA NVLink Fusion ecosystem. However, Astera Labs is facing stiff competition from both Broadcom and Credo Technology. Broadcom's launch of PCIe Gen 6 portfolio, featuring high-port switches and retimers tested for interoperability with partners like Micron and Teledyne LeCroy, is a noteworthy development. Credo Technology continues to gain share in the optical segment, with a major DSP win for an 800G transceiver and the launch of ultra-low-power optical DSPs based on 5nm technology. It also reported a healthy pipeline of PCIe Gen6 AECs and retimers, with further customer wins expected to support fiscal 2026 growth. Conclusion Astera Labs benefits from a strong portfolio and partner base amid rising competition and tariff uncertainties. A stretched valuation somewhat dims the stock's appeal ahead of second-quarter 2025 results. ALAB currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a more favorable entry point to accumulate the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. NVIDIA Corporation (NVDA): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Astera Labs, Inc. (ALAB): Free Stock Analysis Report
Cision Canada
3 hours ago
- Cision Canada
LOGISTEC Appoints New Chief Financial Officer Texas Howard to Advance Growth and International Expansion
MONTREAL, Aug. 4, 2025 /CNW/ - LOGISTEC, a leading marine and logistics services provider, is pleased to announce the appointment of Texas E. Howard IV (Tex) as Chief Financial Officer, as part of its commitment to accelerate international growth and further strengthen its position in the global logistics and supply chain industry. "Tex's deep expertise in financial leadership and logistics will be a great asset for LOGISTEC," said Sean Pierce, CEO of LOGISTEC. "Tex has a strong track record of optimizing complex operations and driving financial performance. As we focus on expanding our portfolio, Tex's experience in strategic planning and execution will support our growth initiatives and strengthen our market position." "LOGISTEC is entering an exciting period of international expansion," said Tex Howard. "It's a tremendous opportunity to be a part of a highly experienced team and a dynamic business with a solid reputation. I am truly looking forward to building upon LOGISTEC's legacy of operational excellence and continued success." With twenty years in the industry, spanning manufacturing, rail equipment leasing and repair, and transportation, Tex brings unparalleled insight into leading high-performing teams across multi-national operations. He has successfully lead integrations and growth strategies in North American markets, which will be instrumental in delivering results to create value for all stakeholders. About LOGISTEC LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, as well as logistics solutions, to marine and industrial companies across its North American network of 62 ports and 85 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for shipowners and operators.
Cision Canada
5 hours ago
- Cision Canada
SatSure and KALRO Partner to Leverage Satellite Data for Agricultural Transformation in Kenya
BANGALORE, India, Aug. 4, 2025 /CNW/ -- SatSure Analytics India Pvt. Ltd., one of the leading Earth Observation (EO) data refinery platforms, has partnered with Kenya Agricultural and Livestock Research Organisation (KALRO) to revolutionize agricultural productivity and resilience in Kenya through the use of advanced satellite data and analytics. This strategic collaboration aims to integrate SatSure's expertise in Earth observation and artificial intelligence with KALRO's extensive research capabilities to drive data-driven decision-making in the agriculture sector. The partnership will focus on leveraging satellite imagery, remote sensing, and advanced analytics to provide actionable insights for crop monitoring, yield forecasting, soil health assessment, and climate resilience strategies. Speaking on the partnership, Dhruva Rajan, Chief Revenue Officer at SatSure, stated, "We're thrilled to collaborate with KALRO in bringing cutting-edge geospatial intelligence to Kenya's agricultural landscape. This strategic partnership marks a significant step toward enabling data-driven policymaking, strengthening food security, and empowering smallholder farmers with near real-time insights into crop health, weather variability, and sustainable practices." KALRO, a premier institution in agricultural research, is committed to improving agricultural productivity and sustainability in Kenya. Salim Kinyimu, ICT Director at KALRO, commented, "Our partnership with SatSure aligns with our vision of integrating technology into agricultural research and extension services. By harnessing satellite-based analytics, we can better understand climate impacts, optimize resource utilization, and empower farmers with precise, timely information." Paving the Way for Innovation The MoU between SatSure and KALRO will pave the way for pilot projects, joint research initiatives, and the development of digital tools that support agricultural stakeholders, including government agencies, agribusinesses, and farmers. By combining SatSure's geospatial intelligence capabilities with KALRO's on-ground expertise, the collaboration is set to enhance Kenya's agricultural resilience and contribute to the country's food security goals. About SatSure SatSure is one of the world's leading Earth Intelligence companies, delivering analytics-ready data products that enable contextual, industry-specific Earth Observation (EO) solutions at a global scale. It is an end-to-end EO data refinery platform—transforming EO data into decision intelligence—designed to address global challenges across sectors such as Agriculture, Banking, Aviation, Utilities and Critical Infrastructure, and Natural Resources, including Water and Forestry. About KALRO The Kenya Agricultural and Livestock Research Organization (KALRO) is a premier research institution dedicated to enhancing agricultural productivity and rural development in Kenya. KALRO conducts cutting-edge research in crop sciences, livestock management, and sustainable farming practices to support the country's agricultural sector.
