Trusted Insighthttp://thetrustedinsight.com/2017-05-19T15:01:06.235142-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Chinese Real Estate Firm Risesun To Invest $82M In Czech Entertainment Complex
2017-05-19T15:01:06.235142-04:00https://www.thetrustedinsight.com/investment-news/chinese-real-estate-firm-risesun-to-invest-82m-in-czech-entertainment-complex-20170519697/
Hebei province-based Risesun Real Estate Development Co. has signed an agreement with the government of the South Moravian region of ⌠Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Private Equity Firm GTCR Invests In Live Events Ticket Seller Vivid Seats LLC
2017-05-17T15:26:14.987873-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firm-gtcr-invests-in-live-events-ticket-seller-vivid-seats-llc-20170517611/
Private equity firm GTCR on Tuesday said it's made a strategic investment in Vivid Seats LLC, which sells tickets for live sports, concerts and theater events a la Ticketmaster, owned by Live Nation Entertainment and eBay Inc.-owned StubHub. The amount of the investment was not disclosed, but as part of the transaction, GTCR will work closely with Vivid Seats co-founders Jerry Bednyak and Eric Vassilatos as the company grows, focusing on developing the company's technology and service.
Fertitta Brothers Launch $500M Investment Fund
2017-05-02T17:27:41.290569-04:00https://www.thetrustedinsight.com/investment-news/fertitta-brothers-launch-500m-investment-fund-20170502101/
Fresh off their $4 billion sale of mixed martial arts promotion company UFC last year, the Fertitta brothers have launched a $500 million private investment firm that will focus on consumer-facing companies in the technology, media and entertainment sectors.
Fertitta Capital Launches With $500M
2017-05-02T17:17:45.357414-04:00https://www.thetrustedinsight.com/investment-news/fertitta-capital-launches-with-500m-20170502091/
Fertitta Capital, a new private investment firm focused on consumer-facing companies in the tech, media and entertainment sectors, has launched with a $500 million investment from Frank and Lorenzo Fertitta. Nakisa Bidarian will serve as CEO and co-founder of the firm.
New PE Firm Vision Venture Partners Debuts
2017-04-14T10:04:13.663572-04:00https://www.thetrustedinsight.com/investment-news/new-pe-firm-vision-venture-partners-debuts-20170414574/
Beverly Hills, California-based Vision Venture Partners, a new private equity firm, has launched. The firm has already made undisclosed investments in the hyper-growth esports, digital entertainment and lifestyle food and beverage sectors. VVP was founded by Amit Raizada, Rick Fox and Stratton Sclavos.
Blackstone Keen To Transform Retail Landscape
2017-03-23T10:51:05.689855-04:00https://www.thetrustedinsight.com/investment-news/blackstone-keen-to-transform-retail-landscape-20170323794/
Team Nexus will look at delivering world class shopping and entertainment destinations which will transform how the consumers shopped over the last decade or so.
Why Success In Gaming Is Like Success In VC: Kevin Chou, Former Canaan Partner | Podcast
2017-03-17T10:38:46.891164-04:00https://www.thetrustedinsight.com/investment-news/why-success-in-gaming-is-like-success-in-vc-kevin-chou-former-canaan-partner-podcast-20170317592/
Kevin Chou is co-founder and CEO of Kabam, a world leader in mobile free-to-play games. At Kabam, Kevin catapulted revenue to $400 million and a valuation of more than $1 billion in 2014. Under Kevin’s leadership, Kabam has raised more than $240 million from venture and strategic investors, including some of the world’s largest entertainment and internet companies such as Alibaba, Google, Intel and Warner Brothers. Before Kabam, Kevin worked at Canaan Partners, Kabam’s initial investor and where he invested in 14 consumer technology and online media companies.
Pritzker, Redwood Capital Form A Classic Family Office Club Deal
2017-03-09T11:15:16.915637-05:00https://www.thetrustedinsight.com/investment-news/pritzker-redwood-capital-form-a-classic-family-office-club-deal-20170309283/
The Pritzker Organization, the family investment group of Thomas Pritzker, has teamed up with fellow family group Redwood Capital Investments and private equity house Stephens Capital Partners, to buy broadband communications and entertainment business, Hargray Communications Group. No terms of the deal were disclosed.
Jay Z's Roc Nation Is Launching A Venture Fund To Invest In Early-stage Startups
2017-03-07T16:27:31.396956-05:00https://www.thetrustedinsight.com/investment-news/jay-zs-roc-nation-is-launching-a-venture-fund-to-invest-in-early-stage-startups-20170307215/
Jay Z's entertainment company is adding startup investing to its repertoire. Roc Nation, which Jay Z founded along with Jay Brown in 2008, is launching a "startup platform" called Arrive to invest in early-stage startups and help those companies build their brands.
Amazon Web Services Acquires Media Rendering Startup For Undisclosed Sum
2017-03-07T16:04:32.912946-05:00https://www.thetrustedinsight.com/investment-news/amazon-web-services-acquires-media-rendering-startup-for-undisclosed-sum-20170307210/
Amazon Web Services has acquired Thinkbox Software, which makes technology used by media and entertainment architects and engineers to manage render farms — large systems for processing computer-generated graphics and video.
The VC That Helped Build Dollar Shave Club Is Investing Big in Original Content
2017-03-06T10:32:50.336689-05:00https://www.thetrustedinsight.com/investment-news/the-company-that-helped-build-dollar-shave-club-is-investing-big-in-original-content-adweek-20170306117/
The venture builder that previously helped get companies like Dollar Shave Club, HelloSociety and FameBit off the ground, is launching a new media entertainment network.
The Top 7 VC Investors In Entertainment Software Companies
2017-02-15T09:30:59.597861-05:00https://www.thetrustedinsight.com/investment-news/the-top-7-vc-investors-in-entertainment-software-companies-20170215471/
Over the last five years, 1,003 investors have participated in at least one of the 360 deals in the US entertainment software space, according to the PitchBook Platform. Capital invested in the industry, which includes music streaming services like Spotify, rose dramatically between 2013 to 2014, jumping from $312.5 million to $993.9 million. In 2016, though, that figure dropped to $439.1 million.
Mike Jones & The Science Behind Startup Success
2017-01-13T17:48:05.707328-05:00https://www.thetrustedinsight.com/investment-news/mike-jones-the-science-behind-startup-success-20170113428/
The goals of Science are threefold: First, identify great entrepreneurs, get their products live, and find them supporting funding to build their dreams. The second is to drive growth for these businesses, and third is to realize the enterprise value of the businesses through private transactions or IPOs.
Taiwan’s Next Entertainment Bags $25M In Round Led By China Streaming App Inke
2016-12-27T17:05:49.310619-05:00https://www.thetrustedinsight.com/investment-news/taiwans-next-entertainment-bags-25m-in-round-led-by-china-streaming-app-inke-20161227897/
<p>Taiwan-based global live broadcasting platform Next Entertainment has bagged $25 million in Series A funding in a round led by China’s live streaming app Inke.</p>
<p>The funds will be used for the company’s newly launched live streaming service MeMe, a platform that enables anyone to stream, interact with their audience, build a following, and get paid to do it.</p>
How This VC Finds The Next Big Thing
2016-12-16T11:58:55.699621-05:00https://www.thetrustedinsight.com/investment-news/how-this-vc-finds-the-next-big-thing-20161216588/
As co-founder and managing partner of Cross Culture Ventures, Nichols focuses on high-impact startups that leverage emerging global trends and the untapped talents of entrepreneurs of color. His partners include Troy Carter, founder of entertainment company Atom Factory and longtime manager for Lady Gaga, and Trevor Thomas, a seasoned investor who founded former airport lounge startup The Third Space.
100 Most Exciting Startups In New York City
2016-12-08T10:38:24.503772-05:00https://www.thetrustedinsight.com/investment-news/100-most-exciting-startups-in-new-york-city-20161208215/
A panel of 40 judges, including Business Insider's Henry Blodget and Karl-Theodor zu Guttenberg, chairman of Spitzer Partners, chose the finalists.
Tech Investor Glade Brook To Shut Hedge Fund, Favors Narrower Bets
2016-12-02T11:57:45.750034-05:00https://www.thetrustedinsight.com/investment-news/tech-investor-glade-brook-to-shut-hedge-fund-favors-narrower-bets-20161202953/
Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday.
The change comes as the hedge fund has lost about 8 percent so far this year, after an average annual gain of about 8 percent since inception in 2011. The fund's assets peaked at about $900 million i...
Top Consumer PE Firm Likes New Asian Brands From Shoes And Swim Suits To K-pop
2016-11-25T10:55:32.450253-05:00https://www.thetrustedinsight.com/investment-news/top-consumer-pe-firm-likes-new-asian-brands-from-shoes-and-swim-suits-to-k-pop-20161125720/
L Catterton, the consumer-focused private equity fund, counts on Asia. Apart from being some of the most recognizable brands in Asia, footwear brand Charles & Keith, Australian swimwear brand Seafolly and K-pop talent manger YG entertainment are also among investment picks that L Catterton Asia has made.
Voit Real Estate Sells Miramar Assets For $24M
2016-11-25T10:10:09.845750-05:00https://www.thetrustedinsight.com/investment-news/voit-real-estate-sells-miramar-assets-for-24m-20161125717/
Voit Real Estate Services has completed the $23.6 million sale of a retail center and an adjacent office building in the Miramar submarket of San Diego. Miramar Landing is a 131,360-square-foot retail entertainment center at 8990 and 8998 Miramar Road, and the Clayton Building is a 39,170-square-foot, three-story atrium office building located at 8996 Miramar Road.
Weibo Invests $120M In Short Video App Maker Yixia
2016-11-23T08:49:14.412278-05:00https://www.thetrustedinsight.com/investment-news/weibo-invests-120m-in-short-video-app-maker-yixia-20161123644/
The deal follows a US$200 million series D funding round Yixia competed in November 2015 led by Weibo, with participation from Sequoia Capital, South Korean entertainment firm YG Entertainment and others.
China's Wanda Extends Hollywood Push With Dick Clark Deal
2016-11-07T13:29:19.829935-05:00https://www.thetrustedinsight.com/investment-news/chinas-wanda-extends-hollywood-push-with-dick-clark-deal-20161107883/
China’s Dalian Wanda has agreed to a $1 billion takeover of Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants, extending the Chinese property-to-entertainment conglomerate’s buying spree in Hollywood.
Team Behind 'Bleed For This' To Raise $100M Entertainment Fund
2016-11-07T12:43:48.057208-05:00https://www.thetrustedinsight.com/investment-news/team-behind-bleed-for-this-to-raise-100m-entertainment-fund-20161107863/
Today, he announced that Magna Entertainment—a fund vehicle that invests in independent content across music, film and television—is seeking to raise $100 million. As of now, the firm has invested between $10 and $15 to fund projects, including the upcoming and buzzy film Bleed For This starring Miles Teller.
Rubicon Technology Partners Invests In AudienceView
2016-11-04T13:15:51.711470-04:00https://www.thetrustedinsight.com/investment-news/rubicon-technology-partners-invests-in-audienceview-20161104803/
Rubicon Technology Partners has made a “significant” investment in Toronto-based AudienceView, a software provider for events and entertainment organizations.
Why Smaller Private Equity Deals Are Better
2016-11-03T10:52:14.222455-04:00https://www.thetrustedinsight.com/investment-news/why-smaller-private-equity-deals-are-better-20161103720/
Private equity firms until recently were famous for their outsized deals, the most famous including RJR Nabisco, worth nearly $60 billion in today's dollars, followed by other big names like TXU Corp., Caesars Entertainment Corp., Dell Inc. and Hilton Hotels Corp. But private equity firms are being forced to limit their ambitions these days and settle for smaller deals.
UPDATE 1-Caesars Unit Reaches Deal With Holdout Creditor Trilogy
2016-10-26T12:40:11.108387-04:00https://www.thetrustedinsight.com/investment-news/update-1-caesars-unit-reaches-deal-with-holdout-creditor-trilogy-20161026290/
CHICAGO, Oct 25 (Reuters) - Hedge fund Trilogy Capital Management, the last holdout bondholder of Caesars Entertainment Corp's bankrupt operating unit, has agreed to support the casino group's...
China's Richest Man Has Global Ambitions
2016-10-25T10:39:27.228510-04:00https://www.thetrustedinsight.com/investment-news/chinas-richest-man-has-global-ambitions-20161025153/
China's richest man Wang Jianlin made his fortune in property. But now he's looking to conquer the sports and entertainment industries.
New Yorkers Challenge State & City Officials To Divest Pension Funds
2016-10-20T12:06:33.393809-04:00https://www.thetrustedinsight.com/investment-news/new-yorkers-challenge-state-city-officials-to-divest-pension-funds-20161020935/
New Yorkers have issued a challenge to their state and city officials to divest New York’s combined $350 billion in pension funds from fossil fuels....
Vertical Mass $5M Series A Supports Company's Expanding Lead As The Data Management And Marketplace Partner For The World's Top Music, Entertainment And Sports Franchises And Brands
2016-10-19T14:06:46.760049-04:00https://www.thetrustedinsight.com/investment-news/vertical-mass-5m-series-a-supports-companys-expanding-lead-as-the-data-management-and-marketplace-partner-for-the-worlds-top-music-entertainment-and-sports-franchises-and-brands-1-20161019884/
The round was supported by investors Greycroft, Formation 8, Sierra Wasatch, Canyon Creek Capital, Magnetar Capital and the San Francisco 49ers.
Vertical Mass $5M Series A Supports Company's Expanding Lead As The Data Management And Marketplace Partner For The World's Top Music, Entertainment And Sports Franchises And Brands
2016-10-18T12:38:56.051789-04:00https://www.thetrustedinsight.com/investment-news/vertical-mass-5m-series-a-supports-companys-expanding-lead-as-the-data-management-and-marketplace-partner-for-the-worlds-top-music-entertainment-and-sports-franchises-and-brands-20161018773/
The round was supported by investors Greycroft, Formation 8, Sierra Wasatch, Canyon Creek Capital, Magnetar Capital and the San Francisco 49ers.
VenueNext Secures $15M Series B Financing Led By Causeway Media Partners And Announces First NHL Customer, Sharks Sports & Entertainment
2016-10-12T12:31:04.626429-04:00https://www.thetrustedinsight.com/investment-news/venuenext-secures-15m-series-b-financing-led-by-causeway-media-partners-and-announces-first-nhl-customer-sharks-sports-entertainment-20161012495/
VenueNext, the connected venue technology platform company, has secured $15 million in Series B financing in a round led by Causeway Media Partners.
NYC Startup Knotch Raised $10M To Combine Research And Analytics
2016-10-11T10:25:03.007405-04:00https://www.thetrustedinsight.com/investment-news/nyc-startup-knotch-raised-10m-to-combine-research-and-analytics-20161011372/
The $10M Series A included participation from the majority of our previous investors, especially our lead investors Michael & Xochi Birch as well as new, strategic capital from some the most successful entrepreneurs in the media, brand, entertainment and technology spaces including Beth Comstock, vice chair at GE and veteran media executive Jon Miller.
$30M Global Media Fund Stimulates Southeast Asia's Entertainment Industry
2016-09-29T12:05:51.519329-04:00https://www.thetrustedinsight.com/investment-news/30m-global-media-fund-stimulates-southeast-asias-entertainment-industry-20160929930/
A $30 million global media investment fund recently launched out of Singapore is bringing Hollywood to Southeast Asia. Aurora Media Holdings, the first of its kind in the region, is changing the game and shaking up how content creators bypass traditional modes of commissioning and licensing by enabling private equity access to finance their productions.
Apollo-, TPG-Backed Caesars Offers Another $1.6B To Creditors Of Bankrupt Unit
2016-09-22T11:45:26.700725-04:00https://www.thetrustedinsight.com/investment-news/apollo-tpg-backed-caesars-offers-another-16b-to-creditors-of-bankrupt-unit-20160922567/
Caesars Entertainment Corp said on Wednesday it proposed along with its private equity backers a settlement offer with an added $1.6 billion for creditors of its casino operating unit, raising hopes of an end to the subsidiary’s costly bankruptcy.
NJ Commercial Real Estate Worth Barely More Than In 1981
2016-09-15T10:25:06.291448-04:00https://www.thetrustedinsight.com/investment-news/nj-commercial-real-estate-worth-barely-more-than-in-1981-20160915179/
The building sold for $63 million, barely above its 1981 selling price.
Tencent-Backed STX Entertainment To Buy VR Content Producer Surreal
2016-08-25T11:19:30.679232-04:00https://www.thetrustedinsight.com/investment-news/tencent-backed-stx-entertainment-to-buy-vr-content-producer-surreal-20160825227/
<span style="line-height: 20.8px;">STX Entertainment, a Hollywood film studio and distributor with backings from private equity investors and Tencent Holdings Ltd., is expanding into virtual reality (VR) with the acquisition of U.S. VR content producer, Surreal.</span>
If These Companies See Their Buyout Offers Rejected, Who Might They Look To Buy Next?
2016-08-23T17:12:31.197456-04:00https://www.thetrustedinsight.com/investment-news/if-these-companies-see-their-buyout-offers-rejected-who-might-they-look-to-buy-next-20160823140/
AMC Entertainment Holdings Inc (NYSE: AMC) expects that its $1.2 billion deal to acquire Carmike Cinemas, Inc. (NASDAQ: CKEC) will close by the end of 2016. At this point, all that’s needed is the approval of shareholders and regulators.
China's Real Estate Baron Set To Seal Two Billion-dollar US Film Deals
2016-08-23T12:47:08.306122-04:00https://www.thetrustedinsight.com/investment-news/chinas-real-estate-baron-set-to-seal-two-billion-dollar-us-film-deals-20160823083/
Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood.
Judge Suggests Apollo, TPG Kick In Cash For Caesars Restructuring
2016-08-18T12:32:02.829260-04:00https://www.thetrustedinsight.com/investment-news/judge-suggests-apollo-tpg-kick-in-cash-for-caesars-restructuring-20160818886/
A US judge on Wednesday suggested the casino operating unit of Caesars Entertainment ask its parent’s private-equity backers for money to fund a plan to exit its contentious $18 billion bankruptcy.
KKR Weighs Bid For 'Peppa Pig' Owner Entertainment One
2016-08-15T14:31:06.312917-04:00https://www.thetrustedinsight.com/investment-news/kkr-weighs-bid-for-peppa-pig-owner-entertainment-one-20160815644/
<span style="line-height: 20.8px;">Private-equity firm KKR</span><span style="line-height: 20.8px;"> may bid for television distributor Entertainment One Ltd.</span><span style="line-height: 20.8px;"> after the owner of the preschool cartoon character "Peppa Pig" rejected an offer from UK broadcaster ITV Plc.</span>
China's Xiaomi Eyes Indian Mobile Technology Start-Ups Investments
2016-08-12T12:04:32.758989-04:00https://www.thetrustedinsight.com/investment-news/chinas-xiaomi-eyes-indian-mobile-technology-start-ups-investments-20160812571/
Xiaomi’s investment in digital media firm Hungama Digital Media Entertainment in April was a step towards building its services ecosystem in India, Jain said. The company led a $25 million round in Hungama in its first investment in the country.
Entertainment One Rejects ITV's $1.3B Takeover Bid
2016-08-11T12:30:13.217969-04:00https://www.thetrustedinsight.com/investment-news/entertainment-one-rejects-itvs-13b-takeover-bid-20160811452/
Canada’s Entertainment One (ETO.L), the owner of children’s TV character Peppa Pig, has rejected a 1 billion-pound (US$1.3 billion) takeover offer from British broadcaster ITV (ITV.L), saying it undervalued the production and distribution company.
Sands Capital Joins Greycroft, Elephant In $55M Series B For Scopely
2016-07-27T15:41:37.751054-04:00https://www.thetrustedinsight.com/investment-news/sands-capital-joins-greycroft-elephant-in-55m-series-b-for-scopely-20160727659/
Mobile entertainment network Scopely has closed a $55 million financing round led by Greycroft Growth Fund with participation from Elephant Partners, the new fund of Warby Parker co-founder Andy Hunt and former Highland Capital colleague and partner Jeremiah Daly; Evolution Media Partners, a partnership of CAA-backed Evolution Media Capital, TPG Growth and Participant Media; Highland Capital; Sands Capital Ventures; and Take-Two Interactive.
Circus On Ice: How The Billionaire Feld Family Is Reinventing Ringling Brothers
2016-07-18T11:11:52.300804-04:00https://www.thetrustedinsight.com/investment-news/circus-on-ice-how-the-billionaire-feld-family-is-reinventing-ringling-brothers-20160718079/
<span style="line-height: 20.8px;">Irving Feld bought the circus for $8 million in 1964, and her father Kenneth Feld expanded the circus into live entertainment empire Feld Entertainment, </span>which has made him a billionaire<span style="line-height: 20.8px;">. Now, after running Ringling Bros. for more than 50 years, the Feld family is “reinventing” the circus to recapture the interest of today’s entertainment-saturated kids.</span>
China's Wanda Shows Interest In Viacom's Paramount
2016-07-14T13:14:47.120445-04:00https://www.thetrustedinsight.com/investment-news/chinas-wanda-shows-interest-in-viacoms-paramount-20160714969/
Chinese real estate and entertainment conglomerate Dalian Wanda Group has held talks with Viacom Inc about acquiring a minority stake in its Paramount Pictures unit.
China: Joy Capital Raises $200M For Debut Venture Fund
2016-07-07T16:53:21.720246-04:00https://www.thetrustedinsight.com/investment-news/china-joy-capital-raises-200m-for-debut-venture-fund-20160707675/
Joy Capital will seek to invest in series A and B rounds, focusing on TMT, e-commerce, innovative consumer, automobile, entertainment and traditional industries integrated with the internet.
Australia: Hoyts Acquires Active Media From Oaktree Capital
2016-07-07T10:27:07.679466-04:00https://www.thetrustedinsight.com/investment-news/australia-hoyts-acquires-active-media-from-oaktree-capital-20160707603/
Entertainment firm Hoyts Group has, through its digital outdoor media network unit Val Morgan Outdoor (VMO), acquired Active Media Group (AMG) from private equity company Oaktree Capital Management.
Caesars Entertainment Bankruptcy: Company Seeks Timeout As Creditors Clash With Private Equity Firms
2016-06-07T11:54:57.648995-04:00https://www.thetrustedinsight.com/investment-news/caesars-entertainment-bankruptcy-company-seeks-timeout-as-creditors-clash-with-private-equity-firms-20160607005/
The Caesars Entertainment operating unit that filed for protection under Chapter 11 of the U.S. Bankruptcy Code early last year asked a judge Monday to block a group of creditors seeking to sue the parent of the debt-crippled casino operator.
China's Richest Billionaire Vowed To Destroy Disney Over The Next 20 Years
2016-05-31T09:56:59.271090-04:00https://www.thetrustedinsight.com/investment-news/chinas-richest-billionaire-vowed-to-destroy-disney-over-the-next-20-years-20160531472/
Wang Jianlin, 61, is China’s richest man with a net worth of $34 billion founded in real estate. Jianlin, the founder of Dalian Wanda Group, criticized Disney’s $5.5 billion investment in Shanghai’s new Disneyland park opening in mid-June.
Activist Livermore Wants Board Changes At Entertainment One
2016-05-19T14:41:48.190402-04:00https://www.thetrustedinsight.com/investment-news/activist-livermore-wants-board-changes-at-entertainment-one-1-20160519897/
The fund could also push for a share buyback if the company does not act on its demands, made in January, to slow down the pace of acquisitions and improve cash flow, Livermore Managing Director Davi...
DreamWorks Animation Veterans Create Spaces VR Startup With $3M In Funding
2016-05-18T16:55:34.135551-04:00https://www.thetrustedinsight.com/investment-news/dreamworks-animation-veterans-create-spaces-vr-startup-with-3m-in-funding-20160518810/
Entertainment veterans from DreamWorks Animation have started their own virtual reality startup with $3 million in funding.
Activist Livermore Wants Board Changes At Entertainment One
2016-05-18T11:20:09.154189-04:00https://www.thetrustedinsight.com/investment-news/activist-livermore-wants-board-changes-at-entertainment-one-20160518774/
TORONTO (Reuters) - U.S. hedge fund Livermore Partners wants Entertainment One Ltd to add directors with more industry and financial expertise, the fund's top executive said on Tuesday, in its latest...
Apple Invests $1 Billion In Chinese Ride-Hailing App
2016-05-16T11:43:46.364826-04:00https://www.thetrustedinsight.com/investment-news/apple-invests-1-billion-in-chinese-ride-hailing-app-20160516592/
It's a striking foray into the Chinese market — where Apple has recently faced strategic challenges — and a possible hint as to Apple's continued interest in the world of transportation. The company has widely been rumored to be working on self-driving cars.
Inside The Rocky Relationship Of Billionaires Trump And Icahn
2016-05-02T16:22:59.942099-04:00https://www.thetrustedinsight.com/investment-news/inside-the-rocky-relationship-of-billionaires-trump-and-icahn-20160502618/
The shifting dynamic shows how these two merciless capitalists have, over decades of socializing and jousting, formed a more tortuous and even rocky relationship than comes across in their election-year alliance.
Comcast To Buy DreamWorks Animation For $3.8B
2016-04-29T17:51:24.391094-04:00https://www.thetrustedinsight.com/investment-news/comcast-to-buy-dreamworks-animation-for-38b-20160429469/
US entertainment and cable giant Comcast has announced a $3.8bn (£2.6bn) deal to buy DreamWorks Animation, the studio known for its Shrek and Kung Fu Panda films.
Chinese Online Gaming Firm Led $694M Series C+ Venture Round In Tencent's Weiying
2016-04-27T14:28:45.259957-04:00https://www.thetrustedinsight.com/investment-news/chinese-online-gaming-firm-led-694m-series-c-venture-round-in-tencents-weiying-20160427341/
Shenzhen-listed Chinese online gaming firm Dalian Zeus Entertainment Co., Ltd. has led a RMB4.5 billion (US$694 million) series C+ round in Weiying Technology Co. Ltd., the operator of movie ticket booking mobile app Wepiao, according to Chinese media reports.
A Top Hedge Fund Manager That's Too Hot For Some To Handle
2016-04-14T15:36:48.240585-04:00https://www.thetrustedinsight.com/investment-news/a-top-hedge-fund-manager-thats-too-hot-for-some-to-handle-20160414919/
Starting around 2010, hedge fund manager Platinum Partners lent the reseller of electricity and natural gas tens of millions of dollars, and then took at least a 20 percent equity stake in the fast-g...
Apollo's Marc Rowan Resigns From Caesars Board
2016-04-07T09:52:36.159960-04:00https://www.thetrustedinsight.com/investment-news/apollos-marc-rowan-resigns-from-caesars-board-20160407697/
The co-founder of private-equity firm Apollo Global Management abruptly quit his seat on Caesars Entertainment Operating Co.’s board of directors after an investigation took a hard look at the role that he and his firm played in a series of deals that preceded the company’s bankruptcy.
TPG Likes The Sound Of $500M Investment In Spotify
2016-03-12T11:30:16.178196-05:00https://www.thetrustedinsight.com/investment-news/tpg-likes-the-sound-of-500m-investment-in-spotify-20160312418/
Apple Music rival Spotify could get a $550 million injection from TPG Capital, a major U.S.-based private equity firm, according to a British media report.
Pixar-esque Penrose Studios Raises $8.5M, VR’s Biggest Seed Round
2016-03-10T14:35:59.006862-05:00https://www.thetrustedinsight.com/investment-news/pixar-esque-penrose-studios-raises-85m-vrs-biggest-seed-round-20160310331/
When a new medium arises, so too do new brands hoping to stake a claim on the frontier.Penrose Studios wants to be the Pixar of VR, telling heartfelt stories in immersive worlds.
Multiples PE, CDC & Canada Pension Plan Investment Board Hike Stake In PVR For $12M
2016-03-08T15:00:25.326755-05:00https://www.thetrustedinsight.com/investment-news/multiples-pe-cdc-canada-pension-plan-investment-board-hike-stake-in-pvr-for-12m-20160308183/
Multiples Alternate Asset Management (Multiples PE), CPPIB and UK's CDC have hiked stake in PVR.
Corus Entertainment Overpaying For Shaw Media, Says Private Equity Firm
2016-03-08T13:30:27.567011-05:00https://www.thetrustedinsight.com/investment-news/corus-entertainment-overpaying-for-shaw-media-says-private-equity-firm-20160308167/
Catalyst Capital Group Inc. is calling on Corus Entertainment Inc. (TSX:CJR.B) to renegotiate its $2.65-billion deal for Shaw Media Inc., arguing that it is overpaying for the assets. The private equity firm, a minority shareholder in Corus, wants a March 9 vote on the deal to be postponed to allow more time for a review.
Mobile Companies Are Just Getting Started
2016-03-06T14:00:11.799124-05:00https://www.thetrustedinsight.com/investment-news/mobile-companies-are-just-getting-started-20160306039/
It takes a much heartier stomach to jump into the startup game now than it did a year ago. Zenefits recently became the latest unicorn to face devaluation after compliance issues forced the CEO to resign.
The Geography Of Venture Capital In The U.S.
2016-03-04T11:30:11.015777-05:00https://www.thetrustedinsight.com/investment-news/the-geography-of-venture-capital-in-the-us-20160304933/
San Francisco tops Silicon Valley as the nation’s leading center for venture capital backed startups, with New York close behind.
SuitePad GmbH Secures EUR 3M In Growth Financing
2016-03-03T17:30:17.989414-05:00https://www.thetrustedinsight.com/investment-news/suitepad-gmbh-secures-eur-3m-in-growth-financing-20160303916/
P+P Pöllath + Partners advised SuitePad GmbH Leading investor of the new financing round is venture capital investor Target Partners, together with existing investors HW Capital, Kizoo and VC Fonds Technologie Berlin, which is managed by IBB Beteiligungsgesellschaft.
Investcorp Acquires $180M Office Building In Washington, D.C.
2016-03-01T15:04:24.853420-05:00https://www.thetrustedinsight.com/investment-news/investcorp-acquires-180m-office-building-in-washington-dc-20160301768/
Investcorp today announced that its U.S.-based real estate arm has acquired a Class A, quality office building in Washington, D.C. for approximately $180 million. This acquisition is consistent with Investcorp’s recent track record of acquiring top-quality, cash flowing properties in the U.S. and also represents the first acquisition under a new initiative focused on core-quality, long-term hold assets in key gateway markets.
New York State Pension Funds Lost $5.3 Billion From Fossil Fuel Holdings Over 3 Years
2016-03-01T13:59:35.226700-05:00https://www.thetrustedinsight.com/investment-news/new-york-state-pension-funds-lost-53-billion-from-fossil-fuel-holdings-over-3-years-20160301755/
The New York State Common Retirement Fund lost at least $5.3 billion over the last three years by remaining invested in fossil fuel holdings....
Topgolf Announces Major Investment From Providence Equity
2016-03-01T12:00:19.091555-05:00https://www.thetrustedinsight.com/investment-news/topgolf-announces-major-investment-from-providence-equity-20160301742/
Topgolf Entertainment Group (TEG), the parent company of Topgolf®, Topgolf Media and Topgolf International, today announced a sizable minority investment by Providence Equity Partners.
TPG Nears $10B Private Equity Fundraising Close
2016-02-27T18:00:19.755155-05:00https://www.thetrustedinsight.com/investment-news/tpg-nears-10b-private-equity-fundraising-close-2-20160227630/
The move is representative of a comeback in leveraged buyouts for one of the world’s largest private equity firms. Founded in 1992, TPG enjoyed early successes followed by some high-profile missteps in the runup to the 2008 financial crisis.
Elon Musk's SpaceX Lured Majority Of $1.8B Space Investment Last Year
2016-02-26T11:49:02.477268-05:00https://www.thetrustedinsight.com/investment-news/elon-musks-spacex-lured-majority-of-18b-space-investment-last-year-20160226547/
Venture capital groups invested $1.8 billion in commercial space startups in 2015, more than in the last 15 years combined, a report by aerospace consultants the Tauri Group shows. The lion’s share of the 2015 space investments was a $1 billion round of financing for Space Exploration Technologies, or SpaceX, founded and overseen by technology entrepreneur Elon Musk, who also runs Tesla Motors Inc.
Uber Alles No More? The First Cab App Off The Rank Runs Into Traffic
2016-02-25T11:30:11.666704-05:00https://www.thetrustedinsight.com/investment-news/uber-alles-no-more-the-first-cab-app-off-the-rank-runs-into-traffic-20160225482/
The taxi-hailing tech firm has a higher valuation than General Motors. But there's trouble in China and competitors are beginning to get organised too. Is the shine coming off the world's most valuable start-up?
TPG Nears $10B Private Equity Fundraising Close
2016-02-24T14:30:20.942117-05:00https://www.thetrustedinsight.com/investment-news/tpg-nears-10b-private-equity-fundraising-close-1-20160224443/
(Reuters) - TPG Capital LP is close to finishing a two-year effort to raise its latest global private equity fund, amassing $10 billion, according to people familiar with the matter, a key step in the firm's plans for an eventual initial public offering.
Kenneth Griffin Joins Elite Rank Of Hedge Fund Art Patrons With $500M Deal
2016-02-23T13:30:19.275572-05:00https://www.thetrustedinsight.com/investment-news/kenneth-griffin-joins-elite-rank-of-hedge-fund-art-patrons-with-500m-deal-20160223371/
Mr. Griffin, the founder of the $26 billion investment firm Citadel, bought two important paintings by Pollock and de Kooning from David Geffen and lent them to the Art Institute of Chicago.
Next Games Raises USD 10M In Financing
2016-02-20T10:30:17.050973-05:00https://www.thetrustedinsight.com/investment-news/next-games-raises-usd-10m-in-financing-20160220275/
Avance advises Next Games, a Finnish mobile game company, in raising USD 10 million of financing from its existing investors. Led by IDG and Jari Ovaskainen, and backed by AMC Networks, Lionsgate, Lowercase and a number of private investors, the new funding will be used to fuel the growth of the company’s existing mobile titles, as well as an unannounced third project currently in development.
Palm Landscape Architecture To Establish VR Venture Fund
2016-02-20T09:30:17.407011-05:00https://www.thetrustedinsight.com/investment-news/palm-landscape-architecture-to-establish-vr-venture-fund-20160220271/
Shenzhen-listed Palm Landscape Architecture Co., Ltd. has teamed up with a private investment firm to establish a venture capital fund to invest in virtual reality (VR) start-ups, according to a disclosure document (in Chinese).
TPG Nears $10B Private Equity Fundraising Close
2016-02-19T10:07:33.181778-05:00https://www.thetrustedinsight.com/investment-news/tpg-nears-10b-private-equity-fundraising-close-20160219221/
<p style="line-height: 18.9091px;"><a href="http://www.business-standard.com/search?type=news&q=Tpg" target="_blank">TPG </a><a href="http://www.business-standard.com/search?type=news&q=Capital" target="_blank">Capital </a>LP is close to finishing a two-year effort to raise its latest global private equity fund, amassing $10 billion, according to people familiar with the matter, a key step in the firm's plans for an eventual initial public offering. The move is representative of a comeback in leveraged buyouts for one of the world's largest private equity firms. Founded in 1992, TPG enjoyed early successes followed by some high-profile missteps in the runup to the 2008 financial crisis.</p>
Legendary Sports Agent Leigh Steinberg Partnered Alpha Strategies In Venture Capital
2016-02-18T11:30:16.323138-05:00https://www.thetrustedinsight.com/investment-news/legendary-sports-agent-leigh-steinberg-partnered-alpha-strategies-in-venture-capital-20160218175/
Leigh Steinberg, the legend in sport agent, teamed up with Alpha Strategies for investment in tech startups. Steinberg has raised $50 million for investment fund.
Kingsoft Cloud Group Secures $60M Series C From IDG Capital, Others
2016-02-16T18:16:36.870304-05:00https://www.thetrustedinsight.com/investment-news/kingsoft-cloud-group-secures-60m-series-c-from-idg-capital-others-20160216097/
Kingsoft Cloud has secured a $60 million Series C investment to fund further business development, in a round led by Hong Kong-listed Kingsoft and IDG Capital Partners.
One Clear Winner Has Emerged In The Hedge Fund Space In 2016
2016-02-16T17:55:27.968499-05:00https://www.thetrustedinsight.com/investment-news/one-clear-winner-has-emerged-in-the-hedge-fund-space-in-2016-20160216095/
Gamers play the "StarCraft II" developed by video game producer Blizzard Entertainment during the Gamescom 2015 fair in Cologne, Germany August 5, 2015. The Gamescom convention, Europe's largest video games trade fair, runs from August 5 to August 9. RE It has been absolutely brutal for hedge funds in general. Many are already suffering double-digit losses as global equities got slammed and oil prices plunged in January. According to hedge fund data firm eVestment, only 32% of the funds they track were positive in January. The hedge fund industry is made up of multiple strategies-long/short equity, activist, event-driven, distressed, global...
8tracks, Internet Radio Startup, Grabs $25M In Investor Interest
2016-02-13T15:00:19.812178-05:00https://www.thetrustedinsight.com/investment-news/8tracks-internet-radio-startup-grabs-25m-in-investor-interest-20160213004/
Internet radio startup 8tracks has quickly generated over $25 million in indicated interest from investors under Regulation A+ on SeedInvest.
Indian Local Discovery Platform SHOUUT Raises $500k Seed Funding
2016-02-10T16:00:19.193627-05:00https://www.thetrustedinsight.com/investment-news/indian-local-discovery-platform-shouut-raises-500k-seed-funding-20160210859/
Delhi-based Giant Tech Labs Pvt Ltd, which operates places, events and offers discovery platform discovery app Shouut, has raised $500,000 in its seed funding round from a high-networth individual angel investor, founder and CEO Praveer Kochhar.
Raine Group Backs Imagine Entertainment
2016-02-10T14:33:17.706281-05:00https://www.thetrustedinsight.com/investment-news/raine-group-backs-imagine-entertainment-20160210850/
<p style="line-height: 18.9091px;">Raine Group, a New York merchant bank that also manages private equity and venture funds, invested in Imagine Entertainment, the film and television production company founded by Ron Howard and Brian Grazer.</p>
Messaging App Wiper Raises $2M To Launch Movie Subscription Service
2016-02-10T11:30:20.724924-05:00https://www.thetrustedinsight.com/investment-news/messaging-app-wiper-raises-2m-to-launch-movie-subscription-service-20160210828/
The latest infusion of capital comes from the company’s existing investor Michael Choupak, a serial Internet entrepreneur who founded cloud-based business email provider Intermedia.
The Morning Leverage: Raine Group Banks On Ron Howard’s Imagine Entertainment
2016-02-09T16:18:42.701398-05:00https://www.thetrustedinsight.com/investment-news/the-morning-leverage-raine-group-banks-on-ron-howards-imagine-entertainment-20160209781/
<span style="line-height: 18.9091px;">The production company, whose recent films include “In the Heart of the Sea” and “Love the Coopers,” plans to use the capital from Raine to expand beyond film and television production into areas like branded content and digital entertainment.</span>
Microsoft Plumbs Ocean’s Depths To Test Underwater Data Center
2016-02-08T15:48:51.990795-05:00https://www.thetrustedinsight.com/investment-news/microsoft-plumbs-oceans-depths-to-test-underwater-data-center-20160208716/
Today’s data centers, which power everything from streaming video to social networking and email, contain thousands of computer servers generating lots of heat. When there is too much heat, the servers crash.
China Rainmakers Pour Into Private Equity
2016-02-08T12:03:49.746349-05:00https://www.thetrustedinsight.com/investment-news/china-rainmakers-pour-into-private-equity-20160208694/
<span style="line-height: 18.9091px;">An entire generation of rainmakers that once epitomised the megadeal world of Chinese investment banking has found a new lease of life in the slower-paced but often more lucrative world of private equity. </span>
Wall Street Donors Account For 40 Percent Of Super PAC Funds In US Election
2016-02-08T11:00:12.968918-05:00https://www.thetrustedinsight.com/investment-news/wall-street-donors-account-for-40-percent-of-super-pac-funds-in-us-election-20160208678/
The 2016 US election campaign has exposed deep-seated popular alienation from the entire political establishment and growing anger over the domination of US society and politics by Wall Street. Democratic contender Bernie Sanders, who calls himself a democratic socialist, has capitalized on this sentiment by basing his campaign on denunciations of the “billionaire class” and […]
Arizona Company Takes Control Of The Gateway
2016-02-06T16:30:11.807029-05:00https://www.thetrustedinsight.com/investment-news/arizona-company-takes-control-of-the-gateway-20160206620/
A major downtown retail center is under new ownership. Arizona-based real estate firm Vestar announced Tuesday it has...
Christian Claussen: Breaking New Ground With Modern Corporate Venture Capital Strategies
2016-02-05T13:07:44.180443-05:00https://www.thetrustedinsight.com/investment-news/christian-claussen-breaking-new-ground-with-modern-corporate-venture-capital-strategies-20160205562/
Back in 1992 Siemens’ top management received a delegation from US-VC Kleiner Perkins seeking to unload a 30% stake in recently publicly listed Cisco Systems then trading at a market cap of well under $400m.
Atom Tickets Secures Series B Round Of Financing
2016-02-03T16:00:19.931467-05:00https://www.thetrustedinsight.com/investment-news/atom-tickets-secures-series-b-round-of-financing-20160203452/
Atom Tickets, the first-of-its-kind theatrical mobile ticketing platform and app, today announced that it has completed a Series B round of financing from investors that include The Walt Disney Company (NYSE:DIS), 20th Century Fox (NASDAQ:FOXA) and Lionsgate (NYSE:LGF).
5 Things Besides VC Funding That Matter When Startups Choose Cities
2016-02-03T14:30:18.890367-05:00https://www.thetrustedinsight.com/investment-news/5-things-besides-vc-funding-that-matter-when-startups-choose-cities-20160203444/
As 2015 venture capital totals come into focus, startups in U.S. cities face faces questions about how much VC funding will be available in 2016. <br />
New York City Teacher's Retirement Fund Lost $135 Million In Fossil Fuel Investments
2016-02-02T13:59:12.693080-05:00https://www.thetrustedinsight.com/investment-news/new-york-city-teachers-retirement-fund-lost-135-million-in-fossil-fuel-investments-20160202362/
The Teacher’s Retirement System of the City of New York lost approximately $135 million due to investments in oil and gas companies in 2015....
One Big U.S. Venture Capital Firm Is Still Betting On China
2016-02-02T11:05:41.634203-05:00https://www.thetrustedinsight.com/investment-news/one-big-us-venture-capital-firm-is-still-betting-on-china-20160202346/
A Silicon Valley-based venture capital firm that was an early entrant in China says it will continue to bet on Internet- and mobile technology-driven businesses in the country, despite concerns that market turmoil will affect private fundraising this year.
U.S. Venture Capital Firm Is Still Betting On China
2016-01-30T09:00:13.067547-05:00https://www.thetrustedinsight.com/investment-news/us-venture-capital-firm-is-still-betting-on-china-20160130223/
A Silicon Valley-based venture capital firm that was an early entrant in China says it will continue to bet on Internet- and mobile technology-driven businesses in the country, despite concerns that market turmoil will affect private fundraising this year.
Rakuten Ventures Launches $84M Fund Just For Japanese Startups
2016-01-28T16:00:11.388191-05:00https://www.thetrustedinsight.com/investment-news/rakuten-ventures-launches-84m-fund-just-for-japanese-startups-20160128154/
Rakuten Ventures, the investment arm of one of Japan’s largest Internet companies, has launched a 10 billion yen ($84 million) fund dedicated to the country’s startups. The Japan Fund will focus on promising early-stage and growth tech companies that can potentially work with businesses in Rakuten‘s ecosystem, which include its e-commerce platform, an online bank, and messaging app Viber.
Challenges And Opportunities For Family Office CIOs In 2016
2016-01-26T12:10:12.614823-05:00https://www.thetrustedinsight.com/investment-news/challenges-and-opportunities-for-family-office-cios-in-2016-20160126989/
Investment activities are the single most significant cost for single family offices, according to last year’s Global Family Office Report , released by Campden Wealth and UBS. The average costs for ...
VC Mobile Unveils Creature Quest Mobile Game From Might & Magic Creator
2016-01-22T15:00:30.224104-05:00https://www.thetrustedinsight.com/investment-news/vc-mobile-unveils-creature-quest-mobile-game-from-might-magic-creator-20160122932/
The title comes from a Los Angeles startup that has a fighting chance to get noticed in the $30 billion mobile game industry, where getting noticed is increasingly hard. Creature Quest is a blend of a fantasy role-playing game and a strategy title. It is available for iOS devices and it has done a “soft launch” on the Apple iTunes App store in New Zealand, Hong Kong, Ireland, and the Netherlands. It will debut on more platforms and regions later this year. “From the very beginning of my career, I wanted to make games that I loved to play,” Van...
Wanda Seeks 'Substantial' Buys Amid Weak Chinese RE Market
2016-01-21T17:00:19.453075-05:00https://www.thetrustedinsight.com/investment-news/wanda-seeks-substantial-buys-amid-weak-chinese-re-market-20160121887/
Dalian Wanda Group, China’s largest developer, is accelerating its expansion into lines of business outside of real estate as the country’s property market continues its slump.
Xinyuan Moves Into Manhattan With $57.5M Midtown Condo Deal
2016-01-21T15:00:20.902407-05:00https://www.thetrustedinsight.com/investment-news/xinyuan-moves-into-manhattan-with-575m-midtown-condo-deal-20160121873/
Chinese developer Xinyuan Real Estate is taking on its first project in Manhattan after closing on a $57.5 million residential site earlier this month.
Private Equity Helps Korea Restructure In Boost For Loan Bankers
2016-01-21T10:12:49.245849-05:00https://www.thetrustedinsight.com/investment-news/private-equity-helps-korea-restructure-in-boost-for-loan-bankers-20160121858/
<p style="line-height: 18.9091px;">South Korean bankers say an acquisition finance boom will extend into 2016 as global private equity firms build up their biggest cash pile in seven years. The leading M&A loan underwriters say restructuring among Korea’s largest companies will drive deals after volumes more than doubled in 2015 to $8.2 billion. The pipeline is already healthy, with lenders eyeing potential business from at least 3 trillion won ($2.5 billion) of acquisitions planned by firms including Standard Chartered Private Equity Ltd.</p>
Private Equity's Golden Age Wasn't So Golden After All
2016-01-21T10:06:16.193520-05:00https://www.thetrustedinsight.com/investment-news/private-equitys-golden-age-wasnt-so-golden-after-all-20160121853/
<span style="line-height: 18.9091px;">Henry Kravis called it private equity’s golden age. From 2005 to 2007, buyout firms paid fat prices to buy about 20 supersized companies, from Hilton Worldwide Holdings Inc. to Hertz Global Holdings Inc. Now, a decade later, the </span><a data-tracker-action="click" data-tracker-category="recirc" data-tracker-label="inline_link.01" href="http://www.bloomberg.com/graphics/2016-private-equity-buyout-boom/" itemprop="StoryLink" itemscope="itemscope" style="line-height: 18.9091px;" title="Link to Graphic">results</a><span style="line-height: 18.9091px;"> of that debt-fueled spree can be tabulated -- and it’s hardly golden.</span>