Formed in conjunction with Chase Toogood and Schuyler Havens IrisRewill offer reinsurance primarily in the form of industry-loss warranties andcover
Formed in conjunction with Chase Toogood and Schuyler Havens, “IrisRe”will offer reinsurance primarily in the form of industry-loss warranties andcover a wide spectrum of catastrophic perils globally. “The global financial crisis has created a true dislocation in the reinsurancemarkets,” said Peter Yu, Managing Partner of Cartesian and Director of IrisRe.”While the underlying risks remain largely unchanged, the financial crisis hasfueled both strong demand for reinsurance and a significant reduction in thereinsurance capacity of the capital markets. With a secure capital base anddrawing on Chase Toogood`s broad experience in the Bermuda market, IrisRe willwork creatively to meet the needs of the insurance and reinsurance industries.” About Cartesian Capital GroupCartesian Capital Group LLC () manages more than $1.1billion in private equity investments on a global and opportunistic basis.Cartesian was founded in 2006 by Peter Yu and members of the senior managementteam of AIG Capital Partners, Inc., which the team founded and built into aleading emerging markets private equity firm. Today, Cartesian has over 20professionals and offices in New York, Vienna, Warsaw, Bucharest, São Paolo, andShanghai.
Cartesian`s recent activity in the financial services industryincludes leading a R$400 million investment in Banco Daycoval, a mid-market bankin Brazil. For Cartesian Capital GroupJohn McInerney, orTravis Ferber, Both of Makovsky + Co Copyright Business Wire 2009. PLEASANTON, Calif.–(Business Wire)–Anheuser-Busch InBev (Euronext:ABI) has signed a contract with iTradeNetwork,Inc. (ITN), the leading global provider of on-demand supply chain management andintelligence solutions to the food & beverage industry. ITN will provide InBevwith an on-demand procurement solution for its UK retail and operator customers.”Using ITN`s procurement solution we will offer our customers the high standardof online service that they expect from one of the world’s top five consumerproducts companies and the world`s leading brewer,” said Alistair Kemp, TradeMarket & Technical Sales Director.
“Our customers are telling us they want totrade with us online, and we are looking forward to an ambitious rollout plan in2009.” InBev UK offers a full portfolio of beers, wines, spirits and soft drinks to thehospitality market in the UK, including leading brands Budweiser, Stella Artois,Brahma, Beck’s and Leffe. ITN will deliver the technology platform and a rangeof support services to provide a full online transactional service to pubs,restaurants, hotels and other leisure outlets. “iTradeNetwork is unquestionably the right partner,” continued Kemp. “Not onlydo they have expertise in the beer, wine and spirits sector, and a clear trackrecord in the UK, they also bring the scale and resources one can only get froma truly global technology partner.” “We are delighted that Anheuser-Busch InBev has chosen iTradeNetwork as their UKpartner,” commented Rob Bonavito, CEO of ITN. “They join a growing list ofglobal retail brands that are using iTradeNetwork.” About Anheuser-Busch InBev UKAnheuser-Busch InBev is a publicly traded company (Euronext:ABI) based inLeuven, Belgium. It is the leading global brewer and one of the world’s top fiveconsumer products companies.
A true consumer-centric, sales driven company,Anheuser-Busch InBev manages a portfolio of nearly 300 brands that includesglobal flagship brands Budweiser, Stella Artois and Beck`s, fast growingmulti-country Brands like Leffe and Hoegaarden, and strong “local jewels” suchas Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin, Cass, Klinskoye,Sibirskaya Korona, Chernigivske, and Jupiler, among others. In addition, thecompany owns a 50 percent share in Grupo Modelo, Mexico’s leading brewer andowner of the global Corona brand. Anheuser-Busch InBev`s dedication to heritageand quality is rooted in brewing traditions that originate from the Den Hoornbrewery in Leuven, Belgium, dating back to 1366 and the pioneering spirit of theAnheuser & Co brewery, established in 1860 in St Louis, USA. Geographicallydiversified with a balanced exposure to developed and developing markets,Anheuser-Busch InBev leverages the collective strengths of its 120,000 employeesbased in operations in over 30 countries across the world. The company strivesto be the Best Beer Company in a Better World. On a pro-forma basis for 2008,the combined company would have generated revenues of 26.5 billion euro.
Formore information, please visit: About iTradeNetwork, Inc.iTradeNetwork, Inc. is the leading global provider of on-demand supply chainmanagement and intelligence solutions to the food industry. Built upon deepindustry expertise, a rich data foundation and the industry’s most extensivetrading partner network, ITN’s collaborative solutions allow distributors,manufacturers, operators and retailers of all sizes to reduce cost, grow revenueand strengthen trading partner relationships. Today, ITN’s growing customer listincludes over 5,500 global companies such as Ben E. Keith, BidVest 3663, CKERestaurants, ConAgra Foods, Inc., General Mills, Kroger, Independent PurchasingCooperative (IPC) for SUBWAY, Intercontinental Hotels, PFG, Safeway, Sodexo,SYSCO and UniPro. ITN has offices in Pleasanton and San Mateo, California,Boise, Idaho and Burton and Stokenchurch, Great Britain.

