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Race Ahead: New River Trail Challenge

first_imgThe New River Trail Challenge Triathlon,  September 20, 2014First run in 2000, the New River Trail Challenge has quickly become Virginia’s premiere adventure triathlon, attracting 200 athletes in 2013.The race consists of a 40 mile bike ride, 12.1 mile kayak leg, and a half marathon run in New River Trail State Park. Athletes can compete either solo or in teams of two or three, and all skill and age levels are welcome. Categories are age and gender based, trophies and medals are awarded to the top three teams in each category. After the race join in the fun for a beverage and refreshments in the “Libation Station.”sponsored-eventThe race is preceded by a fundraiser Friday night, featuring a band and local brewery to benefit the Pulaski Food Bank.Date: September 20, 2014Location: New River Trail State ParkStart Time: 8:30 a.m.Race Size: Capped at 300Race Contact: Virginia State Parks, Steve [email protected]; (804) 837-8354raceahead-new river trail challenge4last_img read more

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​Swedish roundup: AP6, AMF Pension, Kåpan Pensioner

first_imgThe Sixth Swedish National Pension Fund (AP6) has followed its investment in technology fund Northzone VII with a €25m commitment to its successor fund.Northzone VIII closed after reaching its target of €300m in an oversubscribed round of fundraising.Other participants include AP3, SEB Pension and Denmark’s Industriens Pension, all existing Northzone investors. As with its predecessors, Northzone VIII will focus on early-stage investments in Europe. Northzone now has around €1bn under management in its eight venture capital funds and was an early backer of Spotify, Trustpilot and iZettle.During the past year, it exited from Tobii, the Swedish developer of eye-tracking technology, via a successful initial public offering.It also sold its stake in Russian online classifieds company Avito to Naspers, the South African media group, in one of the largest venture-backed technology merger and acquisition deals in Europe.Investment in venture capital is part of AP6’s strategy of building a well-diversified portfolio over time.Karl Falk, head of fund investment at AP6, said: “By committing capital to Northzone VIII, AP6 maintains its exposure to the Nordic venture market by investing in funds.“AP6 has made a thorough assessment of Northzone, standard procedure ahead of every decision before committing capital to a fund. The findings have convinced us the team behind Northzone VIII has the ability to deliver value creation and a return that will meet the demands of AP6.”AP6’s portfolio was worth SEK26.4bn (€2.75bn) at end-2015, with buyouts making up around 87% and venture capital around 13%.Over 2015, AP6 made a 15.3% return on the venture capital segment – 18.5% from funds and 10.8% from direct investments.The overall return for the year was 12.2%.Meanwhile, Swedish pensions provider AMF Pension has reported a total return of 1.1% for the first half of 2016, reversing a 0.7% loss for the first quarter.This compares with a 4.1% return for January to June 2015 but demonstrates the value of AMF’s strategic risk diversification, according to Peder Hasslev, vice-president and CIO of the pension provider.“The past six months have been characterised by political and economic uncertainty, turmoil on the stock market and the continued fall in interest rates,” said Hasslev.“Our investments in infrastructure and real estate have delivered good returns, and interest rates and foreign equities also contributed positively to the result.”During the six-month period, AMF’s real estate and infrastructure investments grew to SEK68bn, or 12.8% of its SEK533bn portfolio, laying the foundation for stable returns in the current low-interest-rate environment, said the pension provider.The first-half results take AMF’s average annual returns for five and 10 years to 30 June 2016 to 7.4% and 6.7%, respectively.Its solvency level fell to 178%, from 199% on 31 March.AMF said this was largely caused by the strengthening of its guarantees last May.Lastly, Kåpan Pensioner, the Swedish pension fund for government employees, made an investment return of 2.1% for the first half of 2016, compared with 3.2% for the same period the previous year.Fixed income – 51% of the SEK74.8bn portfolio at the end of June – made a 3.4% return.However, real estate delivered the best return – 4.8% – while alternatives as a whole produced 3.1%.The asset class, including real estate, made up 15% of the portfolio at the end of June.By contrast with other asset classes, equities (34% of the portfolio) returned -1.1%.Kåpan Pensioner’s solvency during the first six months weakened slightly, with its solvency ratio falling to 146%.last_img read more

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Zidane has the ambition to become France coach

first_img Promoted Content9 Facts You Should Know Before Getting A Tattoo7 Universities In The World With The Highest Market ValueWho Is The Most Powerful Woman On Earth?5 Reasons Why The Black Widow Solo Movie Will Be Awesome5 Of The World’s Most Unique Theme ParksWorld’s Most Delicious FoodsPlaying Games For Hours Can Do This To Your BodyYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThe 18 Most Visited Cities In The WorldBest & Worst Celebrity Endorsed Games Ever Made2020 Tattoo Trends: Here’s What You’ll See This Year7 Universities Where Getting An Education Costs A Hefty Penny read also:Zidane relaxes on luxury yacht after La Liga triumph “We all have a story and I, the story with the France team, it was great until my last match. With ups and downs, but my story has been beautiful. If one day it has to continue, it will happen naturally. But this is not the news. What will happen will happen.” FacebookTwitterWhatsAppEmail分享 Loading… center_img Real Madrid manager, Zinedine Zidane, is desiring to succeed Didier Deschamps as France coach. According to Zidane, coaching the national team is something he’d welcome. He told AFP: “I said so here, a dozen years ago: if I am a coach, why not one day coach the France team? This is nothing new. Even Didier Deschamps knows it because he was the one who announced it.Advertisementlast_img read more

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Norman Sue Bakery 15-over finals

first_imgSunshine upstage Dant, Wakenaam whip GTA BBy Frederick HalleyTORONTO, Canada — Sunshine made hay while the sun shone in all its brilliance last Saturday, inflicting a resounding nine-wicket victory over defending champions Dant when the Norman Sue Bakery (NSB)-sponsored 15-over softball tournament, organised by the Ontario Softball Cricket League (OSCL), climaxed at the Ashtonbee ground, Scarborough here.While Sunshine were basking in glory on pitch number one in Conference A, Wakenaam were making light work of opponents GTA Storm B in a disappointing Conference B final, triumphing by seven wickets in a lopsided victory on pitch number two.The Conference A consolation final saw EC Bannas thrash Rebels by 21 runs while Ramblers carted off their second consolation title of the season, whipping Good Success by 36 runs.Chasing a modest 108 for victory, after limiting Dant to 107 for seven in their allotted 15 overs, Sunshine raced to 113 for one in a mere 11 overs, winning with four overs to spare.The victory was engineered by a fine unbeaten second-wicket stand of 71 between Azam Haniff (36 not out) and Anil Ramoutar (23 not out). The two came together with the score on 42, following the dismissal of Avinash Sookdeo (18).Haniff’s knock included three fours and a six while Ramoutar struck two fours and a six, following the Sookdeo’s brisk innings which saw him lash two sixes.Earlier, Dant’s Hemnarine Chattergoon continued his brilliant season with a top score of 37 (one four and a six) before becoming the first of four run-out victims while Damodar Daesrath supported with 31 which included three fours and a six. There was one wicket each for Mahendranauth ‘Bobby’ Parasnauth, Sookdeo and Devanand Ramsawak.Haniff and Chattergoon were the respective Most Valuable Players (MVP) for Sunshine and Dant.The victorious Conference B champions Wakenaam pose with members of the sponsors. At centre (sitting) is Lynette Sue, wife of the late Norman Sue.Over at number two, it took Wakenaam just nine overs to achieve a paltry 61 set by GTA Storm B, losing three wickets in the process, with MVP Sharaz Hamid slamming an unbeaten 35. GTA Storm MVP Khemraj Dhanpaul took all three wickets that fell for 25 runs.Dhanpaul (22) was also the only player to reach double figures as GTA Storm stuttered to 60 all out in their 15 overs, Hamid getting fine support from his captain Ravin Babulall (two for four) and Ryan Beepat (two for 10),In the A Conference consolation match-up, EC Bannas took first strike and reached 109 all out in 13.4 overs with Eon Katchay leading the way with 32 (four sixes) while extras contributed a healthy 28 (16 wides). MVP Troy Gobin captured three for 12, Imtiaz Moursalien (three for 28) and Lalchan Shivraj (two for 20).Rebels could muster only 88 all out in 14.3 overs with Zaheer Haniff hitting two sixes and a four in 24. Skipper Trevon Garraway three for 19, MVP Andy Persaud and Amit Pooran (two for nine) were among the wickets.Led by a swashbuckling undefeated 49 from veteran Hardat Chablall which included seven sixes, Rebels reached 105 for three in their allotted 15 overs. Chablall and Ron Etwaroo (17 not out) shared an enterprising undefeated 66-run fourth-wicket partnership in seven overs.Good Success were shut out for 69 in 14 overs with MVP Moin Khan (17) being the main scorer. Skipper Avi Deokarran (four for 18, Etwaroo (three for 18) and Patrick Shivrattan (two for 11) were the main destroyers.At the presentation ceremony, OSCL president Albert Ramcharran expressed sincere thanks to the Sue family for their continued sponsorship of the tournament while sisters Natasha and Kim gave the assurance that the sponsorship will continue.A minute’s silence was observed in memory of the late Norman Sue who passed away almost four years ago. Apart from the winning and runner-up trophies, all the participating players and officials were recipients of medals.last_img read more

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