Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 15-year-old girl was found beaten to death in her hometown of Brentwood on Tuesday night and her friend has been reported missing, Suffolk County police said.A passerby called 911 to report a body on Stahley Street and upon arrival, Third Precinct police officers found Nisa Mickens in the road with lacerations and head trauma at 8:36 p.m., police said.The victim was pronounced dead at the scene. The Suffolk County Medical Examiner’s office is conducted an autopsy and determined her cause and manner of death to be homicide by assault. Authorities suspect there may have been gang involvement in the death.Police are also searching for her friend, 16-year-old Kayla Cuevas, who investigators believe was with Mickens at some point Tuesday night.Homicide Squad detectives ask anyone with information about this incident to call them at 631-852-6392 or anonymously to Crime Stoppers at 1-800-220-TIPS. There is a reward of up to $5,000 for an arrest in Mickens death or the safe return of Kayla Cuevas, police said.
French institutional investors, including the country’s mandatory pension fund for civil servants and the national pension reserve fund, have stumped up an additional €405m for the Novo funds.The new money was allocated as part of a second capital raising, which surpassed the initial target of €305m and takes the total size of the Novo funds to more than €1.4bn.“Practically all” of the 24 initial investors in the Novo funds participated in the increase, according to a statement from Caisse des Dépôts et Consignations (CDC), the state-backed financial institution, and the French insurance association.IPE understands that four of the initial investors did not participate in the fresh capital increase, although this was for reasons independent of the Novo funds themselves. The four are ACM, AG2R La Mondiale, Crédit Agricole Assurances and Humanis Prévoyance.A spokesperson for ERAFP, the €23.5bn mandatory additional pension scheme for civil servants, confirmed that it participated in the capital raising, noting that this was done under the pension fund’s multi-asset mandate managed by Amundi.Among the other investors in the Novo funds is Fonds de Réserve pour les Retraites (FRR), France’s €36.3bn pension reserve fund, and several insurers.The Novo funds were set up in 2013 at the initiative of CDC as part of the French government’s launch of “fonds de prêts à l’économie” (FPE) to kick-start a market for lending to small and medium-sized enterprises (SMEs).They were initially open to, and backed by, insurance companies but have since been made accessible to a wider range of institutional investors, including pension providers.There are two Novo funds, Novo 1 and Novo 2, which invest in SMEs and what in France are known as ETI, for “intermediate-sized enterprises”.Although the Novo funds can also invest in public bonds in practice, the type of companies they target prefer to borrow by way of issuing what are known as private placements – bonds that have some similarity with loans given that their terms are typically heavily tailored to the needs of the company and the usually small group of investors.Thierry Giami, adviser to CDC’s executive committee and a key figure behind the Novo funds, said Caisse des Dépôts was pleased with the funds’ performance and the impact they have had on the wider market for SME lending in France. “The Novo funds launched a market for private bonds that small companies didn’t have access to in France before 2013,” he told IPE. Several other private placement bond funds (FPEs) were created in the wake of the Novo funds’ launch, and Caisse des Dépôts and the investors are “happy to have been copied”, he added.FRR is looking to invest further in SMEs, having recently tendered a mandate to manage some €600m of investments in French private debt. Novo 1 is the larger of the two funds, now with €928m in assets, and is managed by BNP Paribas Investment Partners. Novo 2, with €492m, is managed by Tikehau Investment Management.The new capital raised is being split across the two funds in the same proportions as for the first closing, IPE understands, with two-thirds (€268m) being allocated to Novo 1 and the balance to Novo 2.
Robison didn’t say how fast Guerra was going before the crash.She said if convicted, Guerra faces nearly nine years in prison. Guerra’s arraignment is set for Sept. 20 at Whittier Court.Prosecutors are asking the judge to set bail at $150,000.Whittier police Sgt. Dan Lowe said Guerra, who was cited April 3 for vehicular manslaughter, is now out on her own recognizance.Guerra couldn’t be reached for comment Wednesday. No other car was involved in the collision. Investigators ruled out drugs and alcohol as factors in the crash.Lowe said the collision was caused by Guerra driving “in a reckless and gross negligent manner.”She was reportedly swerving in and out of traffic at one point.Lowe said the Scion, which was carrying five people, was originally traveling north on Colima Road when it made a U-turn and headed south.While southbound on Colima Road, the car went out of control just north of Mar Vista Avenue and slammed into a tree.The impact tore the vehicle in two. The parts came to rest within 25 to 30 feet of each other.Three of the passengers, Albert Joseph Valasquez, 19, of Whittier and Jennifer Unzueta, 18, of Whittier, and Joshua David Gutierrez, 19, of Pico Rivera, were pronounced dead at the scene.Gutierrez was pinned inside the wreckage by the back seat while Valasquez and Unzueta were found lying on the road, according to the Coroner’s reports.The Coroner’s Office said Valasquez, Unzueta and Gutierrez died of multiple traumatic injuries which included broken bones, skull fractures plus injuries and lacerations to the internal organs.Guerra was injured as well as Hector Saenz, 18, of Whittier who was sitting directly behind her. He was flown by helicopter to the Los Angeles County-USC Medical Center while Guerra was taken to UC Irvine Medical Center.“I know (Saenz) had a laceration to the head area that required staples,” Lowe [email protected](562) 698-0955, Ext. 3026160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WHITTIER – Prosecutors filed vehicular manslaughter charges Wednesday against the driver of a 2006 silver Toyota Scion that crashed on Colima Road, killing three of her passengers. The driver, Xenia Delilia Guerra, 18, and a fourth passenger were injured in the April 3 crash. Both live in Whittier.In addition to the three felony counts of vehicular manslaughter, the District Attorney’s Office also charged Guerra with one count of misdemeanor reckless driving causing bodily injury.“I can say there was no alcohol involved. She was driving at a high rate of speed,” said Jane Robison, spokeswoman for the District Attorney’s Office.