Turkey was the key sponsor of the rebel forces that finally ousted Assad and it has established close ties with the country’s new leadership. The use of the room for the event was sponsored by former West Ham MP Lyn Brown, now Baroness Brown of Silvertown.
Plan sponsors are companies or employers who create a benefit plan for their employees. The plan sponsor can work with various entities to provide a comprehensive benefits plan. Plan sponsor benefits can include a wide range of offerings for employees including retirement savings plans, pension plans, financial wellness plans, and more.
Sponsoring Pooled Investments
Investors often look for wide sponsorship of a stock before investing, believing that the endorsement of institutional investors adds a measure of safety to their investment decisions. Thanks to their deep pockets, financial resources, and knowledge of different industries, sponsors play a vital role in business and finance. Investment from these corporate entities, which may range from venture capital firms to investment banks can help companies grow and go public. For companies that are looking to go public, sponsors play an important role in guiding them through this process. Lead IPO sponsors are often investment banks which make a stake in the company and build confidence for new investors.
- Sponsors may also lend their name and reputation to influence the adoption of a movement, platform, or brand for benefits.
- A sponsor can provide a wide range of services and support within the financial industry.
- For companies that are looking to go public, sponsors play an important role in guiding them through this process.
- Turkey was the key sponsor of the rebel forces that finally ousted Assad and it has established close ties with the country’s new leadership.
- Examples of a plan that can be sponsored include a pension or 401(k) retirement plan.
Qualified Plan and Benefits Sponsors
A sponsor can provide a wide range of services and support within the financial industry. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. An excellent source on how to be and how to use a sponsor is The Doors You Can Open, a new book by Dr. Rosalind Chow. She teaches organizational behavior at Carnegie Mellon University where she directs executive education programs that advance the careers of Black and Latino professionals.
- For example, startup companies are commonly sponsored through investors known as angel investors.
- The use of the room for the event was sponsored by former West Ham MP Lyn Brown, now Baroness Brown of Silvertown.
- An underwriter must sponsor a mutual fund issue and complete the proper regulatory registrations for investors to have access to it.
Mentorship, Chow says, involves the provision of time while sponsorship involves the provision of social capital. As an example, she recalls the time Bill Gates publicly praised Sal Khan, founder of the non-profit educational organization. The plan sponsor does the research, selects the appropriate service providers, deals with legal and administrative elements, and is sometimes a legal fiduciary. Those benefit programs are then offered to employees, who can join as participants. For example, startup companies are commonly sponsored through investors known as angel investors. In the context of exchange-traded funds, the fund manager or other entity who files the needed regulatory materials with the SEC to create the ETF is considered the sponsor.
Words Near Sponsor in the Dictionary
Morgan Stanley, Barclays Plc, Goldman Sachs Group Inc., and JP Morgan Chase & Co, are examples of lead IPO sponsors. Sponsors are also required for mutual fund and exchange-traded fund offerings in order to make them available to the public for investment. An underwriter must sponsor a mutual fund issue and complete the proper regulatory registrations for investors to have access to it. The sponsor definition of sponsor of an ETF is essentially the managerial body of the ETF that brings together the needed parties and regulatory framework to establish the ETF.
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Venture capital firm Andreesen Horowitz is an example of a widely-known sponsor that invests in private companies. The top underwriting sponsors (also referred to as co-managers) on the deal included Morgan Stanley, Goldman Sachs Group Inc. and JP Morgan Chase & Co. Maguire says that it is “likely” other commercial deals are “incentivised” adding further “modest” losses, as well as missed bonuses from sponsors that are not disclosed.
Examples of a plan that can be sponsored include a pension or 401(k) retirement plan. A sponsor can refer to a range of individuals or entities that support the goals and objectives of some other individual or organization. Sponsors may also lend their name and reputation to influence the adoption of a movement, platform, or brand for benefits. Sponsors invest in private companies, raise funds, underwrite mutual funds or exchange-traded funds, and guide companies through initial public offerings (IPO). Venture capital firms are examples of sponsors that invest in private companies through Series A,B, or C funding rounds. Investment banks are examples of sponsors that make a significant stake in a company during the IPO process where they help take the company public.
When a company chooses to go public it also engages the support of a sponsor or sponsors. Sponsors help guide the company through the initial public offering (IPO) process and also provide credibility for new investors considering the IPO investment. Leading IPO sponsors are typically investment banks that take a stake in the company as well.