--Former Chairman and CEO of global trading
firm, HC Technologies further strengthens Laconic's
leadership--
CHICAGO, July 18,
2024 /PRNewswire/ -- Laconic Infrastructure
Partners Inc. (Laconic), today announced that Joseph Niciforo has joined Laconic's Board of
Directors, effective immediately. As a veteran in the financial
trading and hedge fund markets, Mr. Niciforo's reputation and
global experience leading large funds and assets will aid in
Laconic's journey working with global financial institutions
looking to create value in the carbon market.
Currently, Mr. Niciforo is a founding member of HC Private
Investments and serves on the firm's investment committee. From
2007 to 2024, he was Chairman and CEO of HC Technologies, a
principal trading firm focused on FX and global futures.
"Financial institutions see the potential value in investing and
trading of carbon credits. What the carbon market lacked until now
is the right accounting, fraud risk mitigation, and
the ability to track performance and ownership throughout the
carbon credit's lifecycle to meet the stringent requirements of
regulated capital markets activity. Laconic's
SADAR™ technology and the Natural Capital
Monetization platform changes all that. Importantly, Laconic's
leadership team understands the financial market requirements well
and I'm excited to participate in its leadership," said
Joseph Niciforo.
Andrew Gilmour, Laconic's CEO and
Co-Founder commented: "Joseph
Niciforo's expertise in global financial markets will play a
significant role in how we engage with financial institutions
looking for immutable carbon credit data to support investment and
trading decisions. Our team of carbon market experts,
technologists, and natural capital professionals with financial
expertise all share in our mission to help reduce CO2 emissions and
meet NetZero targets."
Prior to HC Technologies, Mr. Niciforo worked for Tudor
Investment Corporation from 1987-2004. He became a partner in 1989
and served as the Managing Director-U.S. Fixed Income. Mr. Niciforo
also served as a director on both the Chicago Board of Trade and the CME Group
Boards for 15 years. Mr. Niciforo graduated from Georgetown University and Fordham University School of Law.
Laconic continues to attract top executives and talent. Mr.
Niciforo joins Laconic's leadership following other significant
appointments including former AppDynamics, CA, EMC and McAfee Exec,
Joe Sexton, and Chairman and CEO of
Computer Trading Corporation (CTC), Peter
Borish, as members of Laconic's Board of Directors, and
Alistair Mullen, senior advisor to
UN climate affairs negotiators, who joined Laconic as Senior Vice
President, Carbon Markets.
About Laconic
Laconic delivers accurate environmental intelligence, data
management tools, and geospatially-fused insights that enable
governments, corporations, and financial institutions to engage
fairly in data interchange activities that facilitate open and
compliant capital markets activity in carbon-linked instruments.
Founded in 2019, the company is a Public Benefit Corporation (PBC)
headquartered in Chicago, with
offices in Toronto, London, Singapore, and Bali. For more information, please visit
www.laconicglobal.com.
Laconic and SADAR (Sentient All-Domain Augmented Response),
LUEI, and LUCID are trademarks or registered trademarks of Laconic
Infrastructure Partners Inc. in the U.S. and other countries. All
other names are trademarks or registered trademarks of their
respective companies.
Media contacts:
Laconic
Elke Heiss
elke.heiss@laconicglobal.com
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SOURCE Laconic Infrastructure Partners, Inc.