Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets

Key Investment Sectors

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

KUALA LUMPUR, Malaysia, Jan. 09, 2024 (GLOBE NEWSWIRE) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide.

Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. In an environment with limited profitable opportunities, preserving dry powder appears to be a prudent choice. An alternative, however, has emerged—a haven for investors with substantial resources.

Private Equity and other investment sectors are operatingin challenging and unpredictable environments today

Private Equity and other investment sectors are operating
in challenging and unpredictable environments today

Introducing GDP Capital’s PE-BOND Fund LP, one of Private Equity’s latest offerings poised to make waves on the international stage. In today’s dismal or negative return environment, this fund has the potential to significantly enhance your return on investment while offering a sense of security.

GDP Capital’s investment structure is nothing short of unique, possibly the first of its kind. Here’s why it stands out:

  • A Private Equity structure fortified with the security of a bond.
  • Investments are channelled into government-approved projects.
  • Capital invested is backed by government guarantees and repaid within a 10-year horizon.
  • GDP Capital secures equity in the involved companies and their respective projects, each contributing dividend.

The Fund mandates a minimum commitment above US$25 million, making it ideally suited for Sovereign Wealth Funds, Retirement Funds, Institutional Investors, Endowments, Insurance Companies, Banks, Family Offices, and major investment firms.

A Balance of High Returns and Capital Safety:

“While structuring the fund, we overcame numerous hurdles to satisfy governmental, legal, regulatory, and investor requirements. After two years of meticulous development, potential investors are displaying keen interest,” commented Gurmit S. Sidhu, the founder and Managing Director of GDP Capital Limited, on the fund and its offerings.

With an adept team comprising tax and legal advisors, investment bankers, and political analysts, GDP Capital Limited stands ready to support top-tier investors in surpassing their investment objectives.

This unique investment Fund, set to launch in January 2024, is spearheaded by GDP Capital Limited, a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC).

GDP PE-BOND Fund LP represents an extraordinary opportunity for investors seeking capital safety and accelerated returns.

Explore the Merits Further:

Astute investors who recognize the benefits offered by GDP Capital may wish to delve deeper into its merits. For additional details, please visit: www.gdpcapitalltd.com

About GDP Capital Limited:

GDP Capital Limited is a Private Equity Fund Manager incorporated in the British Virgin Islands (BVI) and regulated by the BVI Financial Services Commission (BVI FSC). The firm collaborates with stable and investor-friendly governments seeking funding for priority projects to expedite economic development and achieve real GDP growth.

Funding is extended for viable and strategically significant government projects contributing to sustainable economic growth. While initially focusing on Asia, the company has expansion plans for other global regions. Given the substantial funding requirements of governments, GDP Capital provides institutional investors with the assurance of government guarantees, facilitating investments ranging from US$100 million to US$1 billion.

Media Contact:
Investor Relations
pr@gdpcapitalltd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a9a601f-7cd5-459c-b4f7-f42d96113ccd

GlobeNewswire Distribution ID 9014950

Recursion Adds New Chemical Entity Targeting Fibrotic Diseases to Late Discovery Pipeline

Potential First-in-Class Novel Molecule with Novel Target In-Licensed from Collaboration with Bayer

SALT LAKE CITY, Jan. 04, 2024 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed an agreement with Bayer AG to in-license a new chemical entity that emerged from the companies’ fibrosis research collaboration. The compound represents a novel approach to treating fibrotic diseases with compelling early data suggesting the potential to reverse disease-related fibrotic processes, including immuno-mesenchymal dysfunction.

“Since initiating our research collaboration with Bayer in 2020, we have worked diligently to apply the power of the Recursion OS to identify and advance potential candidates in challenging areas of disease biology,” said Chris Gibson, Ph.D., Co-founder and CEO of Recursion. “We are excited to bring this asset into our internal pipeline and accelerate the compelling science behind this program while our research collaboration with Bayer focuses on precision oncology.”

Recursion applied phenotypic screening of human cells to identify small molecules that reverse the phenotypic features of disease-state fibrocyte cells into those of healthy-state cells. Leveraging the power of Recursion’s Maps of Biology and Chemistry revealed a relationship between small molecule hits and a novel target that could impact fibrotic diseases. The most promising small molecule hits were confirmed as potent inhibitors of this novel target in validation experiments, and lead optimization studies are currently ongoing.

Fibrotic diseases are a significant cause of morbidity and mortality worldwide with high unmet need for patients. One of the biggest challenges in the treatment of fibrotic diseases is the underlying complex biology and the associated difficulty in discovering disease-modifying drug targets. Recursion’s technology is uniquely suited to accelerate discoveries in these and other complex areas of disease biology.

About Recursion
Recursion (NASDAQ: RXRX) is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology, and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montréal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.

Media Contact
Media@Recursion.com

Investor Contact
Investor@Recursion.com

Forward-Looking Statements
This document contains information that includes or is based upon “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding early and late stage discovery, preclinical, and clinical programs; licenses and collaborations; prospective products and their potential future indications and market opportunities; Recursion OS and other technologies; business and financial plans and performance; and all other statements that are not historical facts. Forward-looking statements may or may not include identifying words such as “plan,” “will,” “expect,” “anticipate,” “intend,” “believe,” “potential,” “continue,” and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; our ability to obtain, maintain, and enforce intellectual property protections; cyberattacks or other disruptions to our technology systems; our ability to attract, motivate, and retain key employees and manage our growth; inflation and other macroeconomic issues; and other risks and uncertainties such as those described under the heading “Risk Factors” in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. All forward-looking statements are based on management’s current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

GlobeNewswire Distribution ID 9012419

New research harnesses AI and satellite imagery to reveal the expanding footprint of human activity at sea

Study reveals 75 percent of the world’s industrial fishing vessels are hidden from public view

WASHINGTON, D.C., Jan. 03, 2024 (GLOBE NEWSWIRE) — A new study published today in the journal Nature offers an unprecedented view of previously unmapped industrial use of the ocean and how it is changing.

The groundbreaking study, led by Global Fishing Watch, uses machine learning and satellite imagery to create the first global map of large vessel traffic and offshore infrastructure, finding a remarkable amount of activity that was previously “dark” to public monitoring systems.

The analysis reveals that about 75 percent of the world’s industrial fishing vessels are not publicly tracked, with much of that fishing taking place around Africa and south Asia. More than 25 percent of transport and energy vessel activity are also missing from public tracking systems.

A new industrial revolution has been emerging in our seas undetected—until now,” said David Kroodsma, director of research and innovation at Global Fishing Watch and co-lead author of the study. “On land, we have detailed maps of almost every road and building on the planet. In contrast, growth in our ocean has been largely hidden from public view. This study helps eliminate the blind spots and shed light on the breadth and intensity of human activity at sea.”

Researchers from Global Fishing Watch, the University of Wisconsin-Madison, Duke University, UC Santa Barbara and SkyTruth analyzed 2 million gigabytes of satellite imagery spanning 2017-2021 to detect vessels and offshore infrastructure in coastal waters across six continents where more than three-quarters of industrial activity is concentrated.

By synthesizing GPS data with five years of radar and optical imagery, the researchers were able to identify vessels that failed to broadcast their positions. Using machine learning, they then concluded which of those vessels were likely engaged in fishing activity.

“Historically, vessel activity has been poorly documented, limiting our understanding of how the world’s largest public resource—the ocean—is being used,” said co-lead author Fernando Paolo, senior machine learning engineer at Global Fishing Watch. “By combining space technology with state-of-the-art machine learning, we mapped undisclosed industrial activity at sea on a scale never done before.”

While not all boats are legally required to broadcast their position, vessels absent from public monitoring systems, often termed “dark fleets,” pose major challenges for protecting and managing natural resources. Researchers found numerous dark fishing vessels inside many marine protected areas, and a high concentration of vessels in many countries’ waters that previously showed little-to-no vessel activity by public monitoring systems.

“Publicly available data wrongly suggests that Asia and Europe have similar amounts of fishing within their borders, but our mapping reveals that Asia dominates—for every 10 fishing vessels we found on the water, seven were in Asia while only one was in Europe,” said co-author Jennifer Raynor, assistant professor of natural resource economics at the University of Wisconsin-Madison. “By revealing dark vessels, we have created the most comprehensive public picture of global industrial fishing available.”

The study also shows how human activity in the ocean is changing. Coinciding with the COVID-19 pandemic, fishing activity dropped globally by about 12 percent, with an 8 percent decline in China and a 14 percent drop elsewhere. In contrast, transport and energy vessel activity remained stable.

Offshore energy development surged during the study period. Oil structures increased by 16 percent, while wind turbines more than doubled. By 2021, turbines outnumbered oil platforms. China’s offshore wind energy had the most striking growth, increasing ninefold from 2017 to 2021.

“The footprint of the Anthropocene is no longer limited to terra firma,” said co-author Patrick Halpin, professor of marine geospatial ecology at Duke University. “Having a more complete view of ocean industrialization allows us to see new growth in offshore wind, aquaculture and mining that is rapidly being added to established industrial fishing, shipping and oil and gas activities. Our work reveals that the global ocean is a busy, crowded and complex industrial workspace of the growing blue economy.”

The study highlights the potential of this new technology to tackle climate change. Mapping all vessel traffic will improve estimates of greenhouse gas emissions at sea, while maps of infrastructure can inform wind development or aid in tracking marine degradation caused by oil exploration.

“Identifying offshore infrastructure is critical for understanding offshore energy development impacts and trends, and is crucial data for our work to detect marine pollution events and hold responsible parties to account,” said co-author Christian Thomas, a geospatial engineer at SkyTruth.  

The open data and technology used in the study can help governments, researchers and civil society to identify hotspots of potentially illegal activity, determine where industrial fishing vessels may be encroaching on artisanal fishing grounds, or simply better understand vessel traffic in their waters.

“Previously, this type of satellite monitoring was only available to those who could pay for it. Now it is freely available to all nations,” concluded Kroodsma. “This study marks the beginning of a new era in ocean management and transparency.”

The study was made possible thanks to the generous support of Bloomberg Philanthropies, National Geographic Pristine Seas and Oceankind, and our technology partner, Google. As an awardee of The Audacious Project, a collaborative funding initiative that is catalyzing social impact on a grand scale, Global Fishing Watch is able to further the application of this innovative work.

Notes to the editor:

  • Download supporting data visualizations and figures from the paper here: Media kit
  • Download the data at: https://globalfishingwatch.org/datasets-and-code
  • Data providers: The co-authors of the study wish to acknowledge the contribution from the following technology and data providers; AIS: Spire, ORBCOMM; Radar and optical imagery: European Space Agency (ESA); and Computing resources: Google / Earth Engine.

Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea. By creating and publicly sharing map visualizations, data and analysis tools, we aim to enable scientific research and transform the way our ocean is managed. We believe human activity at sea should be public knowledge in order to safeguard the global ocean for the common good of all.

Attachments

Sarah Bladen
Global Fishing Watch
+44 79 20333832
sarah.bladen@globalfishingwatch.org

Lisa Tossey
Global Fishing Watch
+1 302 4486638
lisa.tossey@globalfishingwatch.org

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