Trusted Insighthttp://thetrustedinsight.com/2024-03-27T20:01:05.470555-04:00Trusted 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.
Funding The Future: The Investment Potential Of Today’s Climate Tech
2024-03-27T20:01:05.470555-04:00https://www.thetrustedinsight.com/investment-news/funding-the-future-the-investment-potential-of-todays-climate-tech-20240327717/
Within the climate category, the carbon-tech subsegment is highlighted as offering the most attractive opportunities for early-stage investors, including carbon-captur...
Ai Risk Management Startup Validmind Raises $8.1M To Help Banks Comply With Regulations
2024-03-27T19:41:06.012052-04:00https://www.thetrustedinsight.com/investment-news/ai-risk-management-startup-validmind-raises-81m-to-help-banks-comply-with-regulations-20240327716/
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.
Exploring Different Credit Hedge Fund Strategies
2024-03-25T18:21:08.147277-04:00https://www.thetrustedinsight.com/investment-news/exploring-different-credit-hedge-fund-strategies-20240325615/
Credit hedge funds invest across a variety of debt instruments in pursuit of attractive absolute and risk-adjusted returns. Credit shares a similar trading approach to other specialized hedge fund strategies, such as long/short equity and event-driven, but is applied to various fixed-income instruments including bank loans, corporate, municipal and government bonds, distressed debt, and securitized credit. CREDIT HEDGE FUND STRATEGY OVERVIEW
There are three main types of credit hedge fund strategies: Long/Short, Securitized, and Distressed.
The Weekly Notable Startup Funding Report: 3/25/24 – Alleywatch
2024-03-24T23:31:06.204005-04:00https://www.thetrustedinsight.com/investment-news/the-weekly-notable-startup-funding-report-32524-alleywatch-20240324576/
The notable startup funding rounds for the week ending 3/23/24 featuring funding details for Loyal, Pandion, and seven other deals representing $417M in new funding that you need to know about.
Financial Consumers Back Hedge Funds For Better Risk-adjusted Returns, Downside Protection – The Mail & Guardian
2024-03-22T07:01:27.636830-04:00https://www.thetrustedinsight.com/investment-news/financial-consumers-back-hedge-funds-for-better-risk-adjusted-returns-downside-protection-the-mail-guardian-20240322520/
The SA hedge funds industry is gaining popularity among a broader range of consumers due to increased regulatory oversight. :
Hedge funds, once the preserve of high net worth (HNW) individuals and institutional investors, are gaining favour across a broader cross section of the consumer market thanks, in part, to greater regulatory oversight. Local consumers are pouring billions of rands into this asset class for its dual benefits of downside protection from financial market contagion and consistent long-term returns.
Ldc Invests In Tech And Procurement Firm The 55 Group As Maven Exits After Three Years
2024-03-15T12:01:09.991316-04:00https://www.thetrustedinsight.com/investment-news/ldc-invests-in-tech-and-procurement-firm-the-55-group-as-maven-exits-after-three-years-20240315274/
Owner of Pagabo vows to 'take the business to the next level':
Private equity giant LDC has made a “significant investment” in Yorkshire tech firm The 55 Group with Manchester investor Maven exiting after three years of growth. The 55 Group was founded following Maven’s investment in 2021 and includes three brands - procurement platform Pagabo, contract management software Sypro and social value measurement software Loop. Since 2022 it has more than doubled in size, employing almost 100 people, and has moved to a new headquarters in the centre of Hull.
New York Community Bancorp, Inc. Closes Over $1B Equity Investment Strengthening Balance Sheet And Liquidity Position -march 11, 2024 At 08:32 Pm Edt | Marketscreener
2024-03-11T22:31:06.193449-04:00https://www.thetrustedinsight.com/investment-news/new-york-community-bancorp-inc-closes-over-1b-equity-investment-strengthening-balance-sheet-and-liquidity-position-march-11-2024-at-0832-pm-edt-marketscreener-20240311133/
(marketscreener.com)
Former Treasury Secretary Steven Mnuchin, Incoming CEO Joseph Otting, Milton Berlinski, and Allen Puwalski Appointed to NYCB Board of Directors
HICKSVILLE, N.Y., March 11, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. announced today it completed the previously announced transactions resulting in individual investments aggregating to...https://www.marketscreener.com/quote/stock/NEW-YORK-COMMUNITY-BANCOR-13861/news/NEW-YORK-COMMUNITY-BANCORP-INC-CLOSES-OVER-1-BILLION-EQUITY-INVESTMENT-STRENGTHENING-BALANCE-SHEE-46145176/?utm_medium=RSS&utm_content=20240311.
Decoded Technology Law Insights, V 5, Issue 2, March 2024 | Spilman Thomas & Battle, Pllc
2024-03-08T17:01:20.847452-05:00https://www.thetrustedinsight.com/investment-news/decoded-technology-law-insights-v-5-issue-2-march-2024-spilman-thomas-battle-pllc-20240308037/
HHS Cybersecurity Performance Goals and the Healthcare Industry - The healthcare industry is a major target for cyberattacks because of all of the personal information collected from patients. Recognizing that the healthcare industry is such a ripe hunting ground for cybercriminals, the U.S. Department of Health and Human Services (HHS) has unveiled cybersecurity performance goals (CPGs) targeted to assist the healthcare industry avoid these attacks. HHS is recommending Essential CPGs best...By: Spilman Thomas & Battle, PLLC.
Former Ceo And Directors Of Company Linked To S$1.5b Nickel Investment Fraud Case Charged - Cna
2024-03-07T06:06:18.232062-05:00https://www.thetrustedinsight.com/investment-news/former-ceo-and-directors-of-company-linked-to-s15b-nickel-investment-fraud-case-charged-cna-20240307971/
SINGAPORE: The former CEO and directors of a company linked to an alleged billion-dollar nickel investment fraud case were charged on Thursday (Mar 7), said the Monetary Authority of Singapore (MAS). Shim Wai Han, Doo Chun Ki and Tan Kay Siong held several top positions in Envysion Wealth Management, currently known as Hui Xun Asset Management. Envysion was a holder of a capital markets services licence for fund management. The company was the manager of Envysion Global Investments VCC, which established the Envysion Commodity Strategy Fund.
Transcript: David Snyderman, Magnetar Capital - The Big Picture
2024-03-05T20:01:06.607853-05:00https://www.thetrustedinsight.com/investment-news/transcript-david-snyderman-magnetar-capital-the-big-picture-20240305913/
The transcript from this week’s, MiB: David Snyderman, Magnetar Capital, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with…
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The post Transcript: David Snyderman, Magnetar Capital appeared first on The Big Picture.
Inside The Courts – An Update From Skadden Securities Litigators - February 2024 | Skadden, Arps, Slate, Meagher & Flom Llp
2024-03-05T16:01:20.141426-05:00https://www.thetrustedinsight.com/investment-news/inside-the-courts-an-update-from-skadden-securities-litigators-february-2024-skadden-arps-slate-meagher-flom-llp-20240305910/
Securities Class Actions Show No Signs of Slowing in 2024 - Key Points - While the volume of securities class actions filings has remained consistently elevated over the past several years, the composition of the class actions has changed. In 2024, we expect: - The Supreme Court will continue to shape securities law jurisprudence. - - Courts will continue assessing short-seller reports underlying securities complaints... Originally published on Law360 - January 12, 2024....By: Skadden, Arps, Slate, Meagher & Flom LLP.
Capital Southwest: High Yield At Low Risk (nasdaq:cswc)
2024-03-04T19:01:18.248273-05:00https://www.thetrustedinsight.com/investment-news/capital-southwest-high-yield-at-low-risk-nasdaqcswc-20240304863/
Capital Southwest (NASDAQ:CSWC) is a mid-sized business development company, or BDC, with a NAV base of ~ $720 million and a market cap of roughly $1 billion, which indicates a notable premium above the underlying value. If we look at the investment strategy of CSWC and the corresponding investment criteria, we will notice the same standards that are in place for most BDCs, except the ones that focus on VC-type businesses.
Times Change: The Era Of The Private Equity Denominator Effect | Cfa Institute Enterprising Investor
2024-03-04T14:31:06.427943-05:00https://www.thetrustedinsight.com/investment-news/times-change-the-era-of-the-private-equity-denominator-effect-cfa-institute-enterprising-investor-20240304851/
How can investors address the denominator effect in private equities? :
After private equity’s extraordinary performance in 2021, private market valuations decoupled from those of both public equities and bonds in 2022. This led many institutional investors to end up over-allocated to private markets. This is the so-called denominator effect, whereby private asset allocations exceed the percentage threshold established in an allocation policy and must be corrected. The simultaneous negative cash flow cycle has reduced anticipated liquidity that latent paper portfolio losses in traditional assets have already compressed. This makes portfolio adjustment decisions even more challenging.
The 11 Largest Nyc Tech Startup Funding Rounds Of February 2024 – Alleywatch
2024-03-01T10:01:15.691214-05:00https://www.thetrustedinsight.com/investment-news/the-11-largest-nyc-tech-startup-funding-rounds-of-february-2024-alleywatch-20240301784/
Everything you need to need to know about the largest NYC startup funding rounds of February 2024; broken down by industry, stage, investors, and more…
5 Key Investing Lessons From Tom Steyer That Underlines His Success At Farallon Capital
2024-02-27T06:01:33.392087-05:00https://www.thetrustedinsight.com/investment-news/5-key-investing-lessons-from-tom-steyer-that-underlines-his-success-at-farallon-capital-20240227626/
Tom Steyer's stint at Farallon Capital proved remarkable. Through his leadership and investment strategies, the firm garnered substantial returns, solidifying its prominence in the hedge fund industry.
Chinese Hedge Funds Struggle To Calm Investors Amid Losses, Regulatory Pressure - Cna
2024-02-22T06:01:06.150345-05:00https://www.thetrustedinsight.com/investment-news/chinese-hedge-funds-struggle-to-calm-investors-amid-losses-regulatory-pressure-cna-20240222478/
Chinese hedge fund managers are scrambling to soothe investors after a rout in small-value stocks, even as regulators step up scrutiny of major market players' activities as they try to revive the country's ailing stock markets. Firms such as High-Flyer Quant Investment and Baiont Quant, which are hedge funds that deploy quantitative strategies using mathematical and statistical techniques, wrote to investors this week explaining their recent glaring underperformance and promising to beef up risk management, according to letters seen and verified by Reuters.
Chinese Hedge Funds Struggle To Calm Investors Amid Losses, Regulatory Pressure
2024-02-21T19:21:07.333937-05:00https://www.thetrustedinsight.com/investment-news/chinese-hedge-funds-struggle-to-calm-investors-amid-losses-regulatory-pressure-20240221472/
Chinese hedge fund managers are scrambling to soothe investors after a rout in small-value stocks, even as regulators step up scrutiny of major market players' activities as they try to revive the country's ailing stock markets.
Private Equity Cyber Risk: 6 Vital Tips For Building An Effective Cyber Risk Program With Limited Resources | Ankura
2024-02-15T18:01:06.500293-05:00https://www.thetrustedinsight.com/investment-news/private-equity-cyber-risk-6-vital-tips-for-building-an-effective-cyber-risk-program-with-limited-resources-ankura-20240215281/
Portfolio Cyber Risk At The Private Equity (PE) Level - The cyber threat landscape is continuously evolving, and the severity of attacks is showing no signs of slowing down making managing cyber risk a difficult task for any organization, regardless of size or industry. However, for Private Equity (PE) firms and their Portfolio Companies (PortCos), understanding and managing cyber risk has proven to be even more complex. In fact, smaller businesses can even be at higher risk of more significant...By: Ankura.
Msm Reits: How Sebi's Game-changing Move Will Transform India's Real Estate Investment Landscape | Mint
2024-02-12T06:01:11.956073-05:00https://www.thetrustedinsight.com/investment-news/msm-reits-how-sebis-game-changing-move-will-transform-indias-real-estate-investment-landscape-mint-20240212110/
MSM REITs in India provide investors with a unique proposition to participate in the commercial real estate market. They adopt a niche-targeted approach and offer transparency and control beyond traditional blind pool investments.
Jackson Peak Capital Q4 2023 Update
2024-02-11T12:31:05.591337-05:00https://www.thetrustedinsight.com/investment-news/jackson-peak-capital-q4-2023-update-20240211104/
Jackson Peak Capital’s objective is to deliver attractive risk-adjusted, absolute returns. We are striving to achieve equity-like returns while taking significantly less directional market risk and having low correlation to overall equity markets. The firm launched in March 2023, so the completion of Q4 2023 marks ten months of investment activity. Q4 was a strong quarter for Jackson Peak, which returned +12.0% gross / +9.9% net.1 Broad equity markets declined in October, continuing the trend we saw in Q3, before staging a sharp reversal to recover in November and December.
Nycb Reignites Banking Industry, Commercial Real Estate Fears
2024-02-07T18:31:06.077790-05:00https://www.thetrustedinsight.com/investment-news/nycb-reignites-banking-industry-commercial-real-estate-fears-20240207992/
Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.
Aon Plc (aon) Q4 2023 Earnings Call Transcript
2024-02-02T22:01:06.803002-05:00https://www.thetrustedinsight.com/investment-news/aon-plc-aon-q4-2023-earnings-call-transcript-20240202853/
Image source: The Motley Fool. :
Please try using other words for your search or explore other sections of the website for relevant information. Good morning and thank you for holding. Welcome to Aon PLC's fourth quarter 2023 conference call. At this time, all parties will be in listen-only mode until the question-and-answer portion of today's call. I'd also like to remind all parties that this call is being recorded. If anyone has any objection, you may disconnect your line at this time.
Zccm Investments Holdings Plc : Proposed Entry Of Strategic Equity Partner In Mopani -february 02, 2024 At 05:30 Pm Est | Marketscreener
2024-02-02T18:31:17.436146-05:00https://www.thetrustedinsight.com/investment-news/zccm-investments-holdings-plc-proposed-entry-of-strategic-equity-partner-in-mopani-february-02-2024-at-0530-pm-est-marketscreener-20240202852/
(marketscreener.com) Durham Business School, Durham University, United Kingdom and a Bachelor's Degree Actuarial Sciences , City University, London, United Kingdom. He has been an independent consultant from 2015. He previously served as Director General - National Pension Scheme Authority , Managing Director - Integral Initiatives Company, Commissioner and CEO -...https://www.marketscreener.com/quote/stock/ZCCM-INVESTMENTS-HOLDINGS-5615/news/Zccm-Investments-Holdings-Plc-Proposed-Entry-of-Strategic-Equity-Partner-in-Mopani-45877627/?utm_medium=RSS&utm_content=20240202.
Top 5 Highest Paid Hedge Fund Managers
2024-01-24T06:31:09.375905-05:00https://www.thetrustedinsight.com/investment-news/top-5-highest-paid-hedge-fund-managers-20240124527/
A hedge fund manager oversees a hedge fund, an investment vehicle that aggregates capital from multiple investors. Lear the top 5 highest-paid hedge fund managers.
White Falcon Capital Q4 2023 Partner's Letter
2024-01-19T11:31:06.651643-05:00https://www.thetrustedinsight.com/investment-news/white-falcon-capital-q4-2023-partners-letter-20240119388/
While individual client returns may differ based on their inception dates, consolidated performance of all accounts for the period ending December 31, 2023 is as follows: We were able to achieve a reasonably good result in 2023 on both an absolute and relative basis. We were helped by the contribution of technology companies in the portfolio as well as the take-out of two portfolio companies - Diversey and Rover - during the year. We like our current portfolio holdings and are optimistic about their potential for further gains.
Climate Risk And The Future Of U.s. Commercial Real Estate
2024-01-18T07:01:06.544020-05:00https://www.thetrustedinsight.com/investment-news/climate-risk-and-the-future-of-us-commercial-real-estate-20240118337/
The imperatives of climate change demand enhanced risk management in the commercial real estate (CRE) loan market: Investors and lenders must refine their strategies and conduct meticulous property-level risk assessments as part of their credit analysis. Community and regional banks are particularly susceptible to climate-related financial risk due to their CRE loan balance sheet exposure and must navigate unpriced climate risks to ensure balanced and resilient loan portfolios. To maintain portfolio health and overall stability, these institutions must exercise ongoing vigilance in their risk monitoring.
Tpg Announces $228M Strategic Growth Investment In Sayari, A Leading Counterparty & Supply Chain Risk Platform -january 16, 2024 At 09:13 Am Est | Marketscreener
2024-01-16T09:31:18.161490-05:00https://www.thetrustedinsight.com/investment-news/tpg-announces-228m-strategic-growth-investment-in-sayari-a-leading-counterparty-supply-chain-risk-platform-january-16-2024-at-0913-am-est-marketscreener-20240116252/
(marketscreener.com)
Sayari, a counterparty and supply chain risk intelligence provider trusted by government agencies, multinational corporations, and financial institutions, and TPG , a global alternative asset management firm, today announced that they have signed a definitive agreement for TPG Growth, the firm’s middle market and growth equity platform, to...https://www.marketscreener.com/quote/stock/TPG-INC-131624703/news/TPG-Announces-228-Million-Strategic-Growth-Investment-in-Sayari-a-Leading-Counterparty-Supply-Ch-45748838/?utm_medium=RSS&utm_content=20240116.
Firstrade, Cfi, Paypal And More: Executive Moves Of The Week
2024-01-13T22:31:18.132612-05:00https://www.thetrustedinsight.com/investment-news/firstrade-cfi-paypal-and-more-executive-moves-of-the-week-20240113175/
This week has been quite exciting, featuring a notable increase in executive appointments within the forex, crypto, and fintech sectors.
Trepp Unveils Treppcre, A Solution Bringing Extensive Commercial Property Data And Advanced Analytics To The Commercial Real Estate Market
2024-01-04T15:01:07.092279-05:00https://www.thetrustedinsight.com/investment-news/trepp-unveils-treppcre-a-solution-bringing-extensive-commercial-property-data-and-advanced-analytics-to-the-commercial-real-estate-market-20240104893/
Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets, announced today the launch of the TreppCRE platform. TreppCRE brings a comprehensive view of the commercial real estate markets, with data on more...
Licenses For Hedge Fund Managers
2023-12-26T13:51:07.888701-05:00https://www.thetrustedinsight.com/investment-news/licenses-for-hedge-fund-managers-20231226607/
Learn about the various types of licenses a hedge fund manager needs to legally operate a hedge fund. :
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. A hedge fund manager does not necessarily need a specific license to operate the hedge fund as opposed to any other type of investment fund.
The 11 Largest Nyc Tech Startup Funding Rounds Of November 2023 – Alleywatch
2023-12-12T10:31:06.550822-05:00https://www.thetrustedinsight.com/investment-news/the-11-largest-nyc-tech-startup-funding-rounds-of-november-2023-alleywatch-20231212098/
Everything you need to need to know about the largest NYC startup funding rounds of November 2023; broken down by industry, stage, investors, and more…
M&g Investments Leads $30M Series B Funding Round For Gfo-x
2023-12-11T07:41:06.904271-05:00https://www.thetrustedinsight.com/investment-news/mg-investments-leads-30m-series-b-funding-round-for-gfo-x-20231211035/
Investment will assist with the forthcoming launch of FCA-authorised digital asset derivatives venue, GFO-X, alongside supporting the growth of regulated digital assets. The post M&G Investments leads $30 million Series B funding round for GFO-X appeared first on The TRADE.
Digital Asset Brokerage Nonco Raises $10M Seed Funding Led By Brian Brook's Valor Capital And Hack Vc
2023-12-08T14:41:06.285544-05:00https://www.thetrustedinsight.com/investment-news/digital-asset-brokerage-nonco-raises-10m-seed-funding-led-by-brian-brooks-valor-capital-and-hack-vc-20231208982/
The firm says it has already seen $6 billion in volume in the Latin American region since its debut in April.
Fsco: Promising Start So Far
2023-12-08T11:21:07.315589-05:00https://www.thetrustedinsight.com/investment-news/fsco-promising-start-so-far-20231208967/
FS Credit Opportunities Corp. (NYSE:FSCO) is a CEF (close ended fund) that had a direct-listing last year. In its short existence, the fund had a decent performance and it looks promising and at least worth a look for income investors. Keep in mind that since the fund hasn't been around for long, this could also change at a short notice so it's important to pay attention to the fund's strategy, holdings and performance over time. So, what does this fund to? It mainly invests into high yielding corporate bonds on opportunistic basis when its management perceives value in those bonds.
Triplepoint Venture Growth: High Yield Is Sustainable For Now (nyse:tpvg)
2023-12-07T13:31:06.330704-05:00https://www.thetrustedinsight.com/investment-news/triplepoint-venture-growth-high-yield-is-sustainable-for-now-nysetpvg-20231207920/
TriplePoint Venture Growth (NYSE:TPVG) is a BDC (business development company) that focuses on supporting and investing in industries like e-commerce, entertainment, technology, and life sciences. They specialize in providing financial assistance to companies in the venture growth space, offering various types of financing such as growth capital loans, secured loans, equipment financing, revolving loans, and direct equity investments. TPVG tailors its debt financing products to different needs, investing amounts ranging from $1 million to $50 million, depending on the type of financing. Their investments may include lines of credit, warrants, and secured loans.
Recordings Show How The Mormon Church Protects Itself From Child Sex Abuse Claims
2023-12-05T12:01:21.133642-05:00https://www.thetrustedinsight.com/investment-news/recordings-show-how-the-mormon-church-protects-itself-from-child-sex-abuse-claims-20231205804/
When she was a child, her father, a former bishop in The Church of Jesus Christ of Latter-day Saints, had routinely slipped into bed with her while he was aroused, she said. It was March 2017 and Rytting offered his sympathies as 31-year-old Chelsea Goodrich spoke. A Utah attorney and head of the church’s Risk Management Division, Rytting had spent about 15 years protecting the organization, widely known as the Mormon church, from costly claims, including sexual abuse lawsuits.
Hong Kong Fintech Week 2023 Redefines Fintech As Digitalising Finance And Transforming Real Economy
2023-12-01T06:02:06.573088-05:00https://www.thetrustedinsight.com/investment-news/hong-kong-fintech-week-2023-redefines-fintech-as-digitalising-finance-and-transforming-real-economy-20231201644/
Hong Kong FinTech Week (HKFW) 2023 concluded on November 5, capping off a week-long feast of fintech that included the Greater Bay Area (GBA) Day on October 31 and the two-day main conference on November 2 and 3, where fintech leaders, regulators, and innovators around the world gathered to discuss the rapid fintech industry evolution in Hong Kong and across the region, as well as highlighting the resulting transformation impact on the real economy.
Kkr Wholly Owns Global Atlantic Financial Group After Us$ 2.7 Billion Deal
2023-11-29T17:01:06.423183-05:00https://www.thetrustedinsight.com/investment-news/kkr-wholly-owns-global-atlantic-financial-group-after-us-27-billion-deal-20231129574/
Global Atlantic Financial Group is an insurance company meeting the retirement and life insurance needs of individuals and institutions. It is a majority-owned subsidiary of KKR. KKR is an investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR sponsors investment funds that invest in private equity, credit and…
Kenya Plans To Offer Oil And Pipeline Companies For Sale
2023-11-29T06:11:14.114178-05:00https://www.thetrustedinsight.com/investment-news/kenya-plans-to-offer-oil-and-pipeline-companies-for-sale-20231129544/
NOCK and KPC are among state-owned companies being proposed for privatization by Kenya's treasury. :
The National Oil Corp. of Kenya (NOCK) and Kenya Pipeline Co. (KPC) are among 11 state-owned companies being proposed for privatization by the country’s treasury. In the proposal published this week the National Treasury said the divestment of state shareholding in the firms “is geared towards Government’s efforts for fiscal consolidation and spurring economic development”.
A Fintech Titan In Community Banker’s Clothing
2023-11-14T07:01:06.430435-05:00https://www.thetrustedinsight.com/investment-news/a-fintech-titan-in-community-bankers-clothing-20231114977/
Already a force to be reckoned with in Silicon Valley, once-and-future billionaire Jackie Reses is out to disrupt financial services with a 95-year-old Missouri bank—without disturbing federal regulators.
The Innovation Advantage: Private Market Investing | Cfa Institute Enterprising Investor
2023-11-13T13:31:06.130718-05:00https://www.thetrustedinsight.com/investment-news/the-innovation-advantage-private-market-investing-cfa-institute-enterprising-investor-20231113948/
The potential advantages of private market investments, specifically venture equity and venture debt investing, extend to five dimensions of performance.
Private Equity Ciso Fireside Chat – Cybersecurity Leadership In The Age Of Generative Ai | Skadden, Arps, Slate, Meagher & Flom Llp
2023-11-06T19:31:06.118514-05:00https://www.thetrustedinsight.com/investment-news/private-equity-ciso-fireside-chat-cybersecurity-leadership-in-the-age-of-generative-ai-skadden-arps-slate-meagher-flom-llp-20231106710/
Partner and co-head of Skadden’s Cybersecurity and Data Privacy practice David Simon recently sat down with two chief information security officers (CISOs) from the private equity sector as part of the firm’s National Cyber Awareness Month series. Bethany De Lude is a managing director and CISO at the Carlyle Group, and David Stern serves as CISO at KKR. The discussion, “Cybersecurity Leadership in the Age of Generative AI,” focused on the emerging challenges surrounding generative AI, as well...By: Skadden, Arps, Slate, Meagher & Flom LLP.
Sam Bankman-fried Convicted Of $10B Fraud, Capping Crypto King's Epic Fall
2023-11-02T23:01:06.744582-04:00https://www.thetrustedinsight.com/investment-news/sam-bankman-fried-convicted-of-10b-fraud-capping-crypto-kings-epic-fall-20231102538/
The 31-year-old disgraced tech mogul was found guilty of all seven fraud and conspiracy charges stemming from a scheme to swipe money from users of his FTX exchange to pay off debts at his failing hedge fund and purchase lavish real estate.
Silicon Valley Shrugs Off Sam Bankman-fried’s Trial - The New York Times
2023-11-02T21:31:18.707401-04:00https://www.thetrustedinsight.com/investment-news/silicon-valley-shrugs-off-sam-bankman-frieds-trial-the-new-york-times-20231102532/
Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on.
Law Firms Warn Universities About Antisemitism On Campus - The New York Times
2023-11-02T10:31:06.349826-04:00https://www.thetrustedinsight.com/investment-news/law-firms-warn-universities-about-antisemitism-on-campus-the-new-york-times-20231102508/
Two dozen major Wall Street firms sent a letter to top law schools to crack down on discrimination and harassment amid an escalation in incidents targeting Jewish students.
Agricultural Bank Of China Limited (acgby) Q3 2023 Earnings Call Transcript
2023-10-29T15:01:06.441041-04:00https://www.thetrustedinsight.com/investment-news/agricultural-bank-of-china-limited-acgby-q3-2023-earnings-call-transcript-20231029313/
Agricultural Bank of China Limited (OTCPK:ACGBY) Q3 2023 Earnings Conference Call October 27, 2023 5:00 AM ET Ladies and gentlemen, good afternoon. Welcome all the investors, analysts as well as friends from media to participate in the 2023 the Q3 Announcement of the Result for ABC. And thank you for your long-term support for Agricultural Bank of China. So today’s announcement, we will have a telephone conference. So now I would like to give you introduction about the team and leaders who are in this meeting with their presence.
Morgan Stanley's Ted Pick Will Succeed James Gorman As Ceo
2023-10-26T11:01:21.668757-04:00https://www.thetrustedinsight.com/investment-news/morgan-stanleys-ted-pick-will-succeed-james-gorman-as-ceo-spQMjpzcpdFepeH77GuLUP-20231026222/
Morgan Stanley selected Ted Pick to become its new chief executive officer, succeeding James Gorman after a 14-year run that reshaped the Wall Street bank. Pick, a co-president and three-decade veteran of the firm, will be elevated to the top role in January and join the board, the bank said in a statement Wednesday. Gorman, 65, will stay on as executive chairman.
Morgan Stanley’s Ted Pick Will Succeed James Gorman As Ceo
2023-10-26T10:01:19.952043-04:00https://www.thetrustedinsight.com/investment-news/morgan-stanleys-ted-pick-will-succeed-james-gorman-as-ceo-20231026216/
Pick beat out two other CEO contenders: Co-President Andy Saperstein and Dan Simkowitz, who has led investment management. :
(Bloomberg) -- Morgan Stanley selected Ted Pick to become its new chief executive officer, succeeding James Gorman after a 14-year run that reshaped the Wall Street bank. Pick, a co-president and three-decade veteran of the firm, will be elevated to the top role in January and join the board, the bank said in a statement Wednesday. Gorman, 65, will stay on as executive chairman.
Morgan Stanley Chooses Company Veteran For New Ceo
2023-10-25T22:31:07.034239-04:00https://www.thetrustedinsight.com/investment-news/morgan-stanley-chooses-company-veteran-for-new-ceo-20231025197/
Morgan Stanley Co-president Edward (Ted) Pick will become the company's next Chief Executive Officer, effective January 1, 2024, the company's board announced Wednesday.
'techno-optimism' Is Silicon Valley's Controversial New Philosophy
2023-10-25T13:02:07.060282-04:00https://www.thetrustedinsight.com/investment-news/techno-optimism-is-silicon-valleys-controversial-new-philosophy-20231025178/
Marc Andreessen is casting anyone against "techno-optimism" as an enemy.Justin Sullivan/Getty ImagesBillionaire VC Marc Andreessen wrote a manifesto plugging "techno-optimism. :
Andreessen, the eponymous cofounder of Silicon Valley investment firm Andreessen Horowitz, is known for firing off lengthy memos in defense of technology, the sector that has enriched him. His latest is a 5,000-word manifesto about past, present, and future civilization being built on innovation. "We believe in the romance of technology, of industry," he writes, via digressions on the artist Andy Warhol, economist Milton Friedman, and the myth of Prometheus.
How Marc Andreessen Is Like Robert Moses: ‘it’s Time To Build’ Ai | The Ai Beat
2023-10-23T15:31:07.007765-04:00https://www.thetrustedinsight.com/investment-news/how-marc-andreessen-is-like-robert-moses-its-time-to-build-ai-the-ai-beat-20231023073/
Marc Andreessen and Robert Moses both said 'It's time to build.' But are the Techno-Optimists destined for a Moses-style reckoning?
Cole-frieman & Mallon 2023 Q3 Update | Hedge Fund Law Blog
2023-10-20T20:31:06.787913-04:00https://www.thetrustedinsight.com/investment-news/cole-frieman-mallon-2023-q3-update-hedge-fund-law-blog-20231020001/
October 20, 2023 Clients, Friends, and Associates: As we end the third quarter and enter the fall season, we would like to highlight some of the recent industry updates and occurrences we found to be both interesting and impactful. The summaries below are intentionally brief. Please feel free to explore the links included and reach […]
Peering Into A.i.’s Black Box, Who’s The Real Techno-optimist? And Reading Ancient Scrolls With A.i. - The New York Times
2023-10-20T17:01:07.073584-04:00https://www.thetrustedinsight.com/investment-news/peering-into-ais-black-box-whos-the-real-techno-optimist-and-reading-ancient-scrolls-with-ai-the-new-york-times-20231020994/
New ways we’re understanding A.I. models, the musings of a billionaire venture capitalist, and the first word from an ancient scroll.
New York Attorney General James Sues Cryptocurrency Companies Gemini, Genesis, And Dcg For Defrauding Investors - Sweeping Lawsuit Details How Genesis And Dcg Concealed $1.1 Billion In Losses And Alleges Gemini Repeatedly Lied To Investors - Ag James Seeks Restitution For Hundreds Of Thousands Of Investors Who Lost More Than $1B
2023-10-19T18:01:06.633425-04:00https://www.thetrustedinsight.com/investment-news/new-york-attorney-general-james-sues-cryptocurrency-companies-gemini-genesis-and-dcg-for-defrauding-investors-sweeping-lawsuit-details-how-genesis-and-dcg-concealed-11-billion-in-losses-and-alleges-gemini-repeatedly-lied-to-investors-ag-james-seeks-rest-20231019942/
New York Attorney General Letitia James today filed a sweeping lawsuit against cryptocurrency companies Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genesis), and Digital Currency Group, Inc. (DCG) for defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. An investigation by the Office of the Attorney General (OAG) found that Gemini lied to investors about an investment program it ran with Genesis called Gemini Earn. Gemini repeatedly assured investors that investing with Genesis through their Gemini Earn program was a low-risk investment.
Prime Meridian Wins (another) Hedgeweek Award For Best Multi-strat Credit Hedge Fund
2023-10-19T09:51:07.708748-04:00https://www.thetrustedinsight.com/investment-news/prime-meridian-wins-another-hedgeweek-award-for-best-multi-strat-credit-hedge-fund-20231019919/
Prime Meridian Capital Management - a tech empowered Private Credit Fund Manager based in the San Francisco Bay Area - is honored to announce that the Prime Meridian Income Fund won the Hedgeweek & Private Equity Wire award for Best Multi-Strategy Credit Hedge Fund. SAN FRANCISCO, Oct....
Culture Wars: Is Esg's Future Grim In A New Anti-woke Society?
2023-10-18T21:01:07.923042-04:00https://www.thetrustedinsight.com/investment-news/culture-wars-is-esgs-future-grim-in-a-new-anti-woke-society-20231018898/
In recent months, massive asset managers including BlackRock and State Street have cut dozens of ESG funds. This week, it was called a “zombie idea” by Marc Andreessen. What’s next? In March, conservative critics enthusiastically blamed Silicon Valley Bank’s collapse on the nefarious forces of ESG. By then, “environmental, social, and corporate governance” factors were at their peak as the hottest new trend, everywhere from the Bay Area to Wall Street. But since, they’ve drawn a backlash of epic proportions where each week seems to bring more crumbling support.Read Full Story.
Slowing Down On Ai Will Cause Preventable Deaths, Says Marc Andreessen
2023-10-17T07:06:20.270791-04:00https://www.thetrustedinsight.com/investment-news/slowing-down-on-ai-will-cause-preventable-deaths-says-marc-andreessen-20231017795/
"We believe any deceleration of AI will cost lives. Deaths that were preventable by the AI that was prevented from existing is a form of murder," wrote Marc Andreessen.
Netflix And Nvidia Have Been Crossed Off This Firm's List For Quality Stocks.
2023-10-16T08:31:10.684757-04:00https://www.thetrustedinsight.com/investment-news/netflix-and-nvidia-have-been-crossed-off-this-firms-list-for-quality-stocks-20231016742/
A storied investment firm says investors shouldn't pay too much attention to earnings news. :
Earnings season steps up a notch this week with results from companies including Bank of America, Goldman Sachs, Netflix and Tesla, before third-quarter results are dumped en masse next week. Jensen Investment Management is an employee-owned investment management firm that only runs three strategies: quality growth, quality value and global quality growth. Given a “high” parent rating at Morningstar, the firm just offered its advice on three mistakes to avoid as a long-term investor.
Global Etf Market Facts: 3 Things To Know From Q3 2023
2023-10-12T17:31:07.161949-04:00https://www.thetrustedinsight.com/investment-news/global-etf-market-facts-3-things-to-know-from-q3-2023-20231012658/
ETFs represent 12.7% of equity assets in the U.S., 8.5% in Europe, and 4.4% in Asia-Pacific. Market share is smaller in fixed income, where ETFs account for 2.6% of fixed income assets in the U.S., 1.8% in Europe, and 0.4% in Asia-Pacific (Figures 1, 2, and 3). Chart description: Column charts showing the size of equity and fixed incomes ETF assets under management in comparison to the total equity market capitalization and total debt outstanding in the U.S., Europe, and Asia-Pacific.
Ftx Was A Boys’ Club. When Caroline Ellison Asked Sam Bankman-fried For Equity In The Hedge Fund She Ran, He Said ‘it Was Too Complicated’ | Fortune Crypto
2023-10-10T20:21:08.163690-04:00https://www.thetrustedinsight.com/investment-news/ftx-was-a-boys-club-when-caroline-ellison-asked-sam-bankman-fried-for-equity-in-the-hedge-fund-she-ran-he-said-it-was-too-complicated-fortune-crypto-20231010544/
The former CEO of Alameda Research had only a half-a-percentage-point stake in FTX and no equity in the crypto hedge fund she once led, she testified on Tuesday afternoon.
Vltava Fund Q3 2023 Letter To Shareholders
2023-10-08T09:01:06.701175-04:00https://www.thetrustedinsight.com/investment-news/vltava-fund-q3-2023-letter-to-shareholders-20231008420/
When 2023 ends in a few months’ time, it will be 15 years since we switched to our current investment strategy for the Fund. While in reality that is almost 5,500 days of waking up and falling asleep thinking about our investments, looking back it seems like a blink of an eye. The oft-repeated saying about how fast time flies is unfortunately one of those inexorable truths. Vltava Fund’s overall return across this period is 420%, which is approximately 11.8% per annum.
Lafarge Canada Inc. And Atco Announce 12.5-year Solar Virtual Power Purchase Agreement -october 05, 2023 At 08:26 Am Edt | Marketscreener
2023-10-05T09:01:19.748060-04:00https://www.thetrustedinsight.com/investment-news/lafarge-canada-inc-and-atco-announce-125-year-solar-virtual-power-purchase-agreement-october-05-2023-at-0826-am-edt-marketscreener-20231005313/
(marketscreener.com)
Annual supply of 79.9 gigawatt-hours of renewable energy for Lafarge's Exshaw cement plant
Located near the Alberta-Saskatchewan border, ATCO’s 38.5 MW Empress Solar project scheduled to begin commercial operations in October 2023
https://www.marketscreener.com/quote/stock/CANADIAN-UTILITIES-LIMITE-1409626/news/Lafarge-Canada-Inc-and-ATCO-Announce-12-5-Year-Solar-Virtual-Power-Purchase-Agreement-44992259/?utm_medium=RSS&utm_content=20231005.
Chapel Hill Denham To List N200bn Infrastructure Fund On Ngx
2023-10-04T16:01:21.666681-04:00https://www.thetrustedinsight.com/investment-news/chapel-hill-denham-to-list-n200bn-infrastructure-fund-on-ngx-20231004280/
In a significant development, Nigerian Exchange Limited (NGX) is set to admit the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund by Chapel Hill Denham, onto the Exchange. The Exchange, in commemorating the listing, will host a Facts Behind the Listing and Closing Gong Ceremony on Thursday, October 5, 2023. NIDF is the first and only infrastructure debt fund dedicated to and domiciled in Nigeria. It aims to provide investors regular and stable income by making primarily debt investments in infrastructure projects located in Nigeria.
Sam Bankman-fried Was 'math Nerd' Who Did Not Steal, Defence Says At Trial - Cna
2023-10-04T14:21:07.809964-04:00https://www.thetrustedinsight.com/investment-news/sam-bankman-fried-was-math-nerd-who-did-not-steal-defence-says-at-trial-cna-20231004274/
NEW YORK: Sam Bankman-Fried's lawyer laid out his defence case at his fraud trial on Wednesday (Oct 4), portraying the 31-former billionaire as a "math nerd" who overlooked risk management in building his FTX exchange, but did not steal customer money. Bankman-Fried has pleaded not guilty to charges he used FTX customer money from the exchange's 2019 launch until its November 2022 bankruptcy in order to prop up his hedge fund, Alameda Research, buy luxury real estate, and donate to US political campaigns and candidates.
The 14 Largest Nyc Tech Startup Funding Rounds Of September 2023 – Alleywatch
2023-10-03T10:31:06.786840-04:00https://www.thetrustedinsight.com/investment-news/the-14-largest-nyc-tech-startup-funding-rounds-of-september-2023-alleywatch-20231003206/
Everything you need to need to know about the largest NYC startup funding rounds of September 2023; broken down by industry, stage, investors, and more…
Chatham Lodging Trust: Well-managed Reit, But Expensive With A Low Yield (nyse:cldt) | Seeking Alpha
2023-10-03T07:06:52.484124-04:00https://www.thetrustedinsight.com/investment-news/chatham-lodging-trust-well-managed-reit-but-expensive-with-a-low-yield-nysecldt-seeking-alpha-20231003193/
Chatham Lodging Trust (NYSE:CLDT) has carved a niche in the upscale, extended-stay hotel sector with a diverse portfolio of 39 hotels. The company's financial performance and strategic choices underscore its resilience against industry headwinds and adaptability to market shifts. While CLDT has leveraged debt to fuel its growth and acquisitions, I believe its financial management has been prudent. Based on my valuation model, the company might be slightly overvalued. This perception, combined with its moderate debt-adjusted growth and modest dividend yield, leads me to think there needs to be more potential for significant price movement in either direction.
Agency Inspector General Offers Critique Of Fed Supervision Of Silicon Valley Bank | Kilpatrick Townsend & Stockton Llp
2023-10-02T16:01:07.078222-04:00https://www.thetrustedinsight.com/investment-news/agency-inspector-general-offers-critique-of-fed-supervision-of-silicon-valley-bank-kilpatrick-townsend-stockton-llp-20231002172/
The Federal Reserve Board (“FRB”) Inspector General (the “OIG”) has issued a highly critical report regarding FRB supervision of Silicon Valley Bank (“SVB”) in the years preceding the bank’s failure in March 2023. The oft-told tale of the demise of Silicon Valley Bank is included in the OIG report and will not be repeated here. Suffice it to say that that SVB’s failure was the result of unchecked growth in an operating environment that lacked adequate risk management and governance...By: Kilpatrick Townsend & Stockton LLP.
Statement Of Cftc Commissioner Kristin N. Johnson On Mitigating The Systemic Risks Of Swap Data Reporting Compliance Failures And Enhancing The Effectiveness Of Enforcement Actions
2023-09-30T07:02:38.772029-04:00https://www.thetrustedinsight.com/investment-news/statement-of-cftc-commissioner-kristin-n-johnson-on-mitigating-the-systemic-risks-of-swap-data-reporting-compliance-failures-and-enhancing-the-effectiveness-of-enforcement-actions-20230930105/
This week, the Commodity Futures Trading Commission (CFTC) issued three orders imposing civil monetary penalties of over $50 million combined in actions involving several of the largest financial institutions in our nation and several of the most significant institutions in global swaps markets—JP Morgan Chase Bank, N.A. and affiliated entities (JP Morgan); Bank of America, N.A. and Merrill Lynch International (BAML); and Goldman Sachs & Co. LLC (Goldman) (collectively, Respondents). JP Morgan, BAML, and Goldman will pay civil monetary penalties of $15 million, $8 million, and $30 million[1] respectively.
I Talked To 80+ Crypto Hedge Funds And Found 3 Proven Strategies To Raise Capital In 2023
2023-09-27T12:51:08.281167-04:00https://www.thetrustedinsight.com/investment-news/i-talked-to-80-crypto-hedge-funds-and-found-3-proven-strategies-to-raise-capital-in-2023-20230927963/
The rapidly changing world of crypto investments has reshaped how investors think and how fundraisers navigate this market. In this article, I will share three proven strategies for raising capital from crypto hedge funds.I am Isaac Joshua, a fundraiser at Silver Castle, a publicly traded digital assets investment group. I have five years of experience in sales in the crypto industry, and in the past five months (March-August), I have engaged in valuable conversations with over 80 crypto hedge funds. These talks were a crucial part of my journey to raise capital for our hedge funds.
[podcast] Private Market Talks: Driving Value Through Esg With Warburg Pincus’ Leela Ramnath | Proskauer - Private Market Talks Podcast
2023-09-22T20:01:06.497753-04:00https://www.thetrustedinsight.com/investment-news/podcast-private-market-talks-driving-value-through-esg-with-warburg-pincus-leela-ramnath-proskauer-private-market-talks-podcast-20230922775/
This week on Private Market Talks, Warburg Pincus’ Global Head of ESG, Leela Ramnath invites us to look at how ESG drives growth. Leela is one of the leaders of a private equity task force that developed a methodology to analyze key ESG factors specific to the unique needs of each company and which are vital for achieving long term growth and resiliency, along with and never without, sustainability....By: Proskauer - Private Market Talks Podcast.
Financial Literacy | Meaning, Components, Benefits, & Strategies
2023-09-21T22:31:06.711384-04:00https://www.thetrustedinsight.com/investment-news/financial-literacy-meaning-components-benefits-strategies-20230921724/
Learn about financial literacy, including its importance, scope, and benefits. Here's a high-level overview on becoming financially literate. :
“The best investment you can make, is an investment in yourself... The more you learn, the more you’ll earn.” —Warren Buffet Financial literacy refers to the ability to understand and effectively use various financial skills, including budgeting, saving, investing, debt management, and understanding financial concepts. It is a crucial element for individuals to achieve financial well-being. It empowers people to take control of their financial lives and navigate the challenges and opportunities that arise.
Rbc Announces Greg Carmichael As Executive Chair, City National Bank Board Of Directors
2023-09-14T09:01:19.633348-04:00https://www.thetrustedinsight.com/investment-news/rbc-announces-greg-carmichael-as-executive-chair-city-national-bank-board-of-directors-20230914362/
RBC today announced the appointment of Greg Carmichael as executive chair of the board of directors of City National Bank, effective October 2, 2023. Mr. Carmichael will provide dedicated strategic oversight and board governance to City National as it strengthens its platform for the future as a leading U.S. private and commercial bank.
Mas Slaps 9-year Bans On Founders Of Failed Crypto Hedge Fund Three Arrows Capital | The Straits Times
2023-09-14T07:01:29.359552-04:00https://www.thetrustedinsight.com/investment-news/mas-slaps-9-year-bans-on-founders-of-failed-crypto-hedge-fund-three-arrows-capital-the-straits-times-20230914349/
September 14, 2023 11:16 AMZhu Su and Kyle Davies were directors of the firm, which went bankrupt in 2022.:
SINGAPORE - The co-founders of failed cryptocurrency hedge fund Three Arrows Capital have been banned by the Singapore regulator from taking part in the management, acting as a director or becoming a substantial shareholder of any regulated capital market services firm here. Mr Zhu Su and Mr Kyle Livingston Davies, both Singapore citizens, have been issued prohibition orders lasting nine years.
Annaly Capital's Sector Comparative Analysis - Part 1 (nyse:nly) | Seeking Alpha
2023-09-07T07:11:26.703051-04:00https://www.thetrustedinsight.com/investment-news/annaly-capitals-sector-comparative-analysis-part-1-nysenly-seeking-alpha-20230907115/
The focus of PART 1 of this article is to analyze Annaly Capital Management, Inc.’s (NYSE:NLY) recent results and compare several of the company’s metrics to 19 mortgage real estate investment trust (mREIT) peers. This analysis will show past and current data with supporting documentation within four tables. Table 1a will compare NLY’s mortgage-backed securities (“MBS”)/investment composition, recent leverage, hedging coverage ratio, and change in investment portfolio size to the 19 mREIT peers. Table 1b will compare NLY’s BV, economic return (loss), and premium (discount) to estimated CURRENT BV using stock prices as of 9/1/2023 to the 19 mREIT peers.
The Weekly Notable Startup Funding Report: 9/4/23 – Alleywatch
2023-09-05T13:01:06.781523-04:00https://www.thetrustedinsight.com/investment-news/the-weekly-notable-startup-funding-report-9423-alleywatch-20230905029/
The notable startup funding rounds for the week ending 9/2/23 featuring funding details for PatchRx, Allseated, Otto, and sixteen other deals representing $2.1B in new funding that you need to know about.
Blackrock Spot Bitcoin Etf Application: A Rocky Way Towards Approval
2023-09-01T07:01:09.844379-04:00https://www.thetrustedinsight.com/investment-news/blackrock-spot-bitcoin-etf-application-a-rocky-way-towards-approval-20230901921/
BlackRock, the world largest asset manager, last June has applied at the SEC for a spot Bitcoin ETF ...:
BlackRock, the world largest asset manager, last June has applied at the SEC for a spot Bitcoin ETF for its American clients. According to Blackrock there is still large interest of their clients to have Bitcoin in their portfolio. In the past years BlackRock has continuously pushed the boundaries of ETF offerings, reaffirming its position as a leading force in the financial industry.
Gtcr Completes Once For All Acquisition
2023-08-30T07:06:20.218558-04:00https://www.thetrustedinsight.com/investment-news/gtcr-completes-once-for-all-acquisition-20230830852/
Leaders Strategy™ investment accelerating growth behind leading compliance and supply chain management software provider CHICAGO, Aug. 30, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has closed the acquisition of Once For All (the "Company"), a...
Nexgen Energy Ltd. (nxe) Q2 2023 Earnings Call Transcript
2023-08-10T16:32:07.051138-04:00https://www.thetrustedinsight.com/investment-news/nexgen-energy-ltd-nxe-q2-2023-earnings-call-transcript-20230810067/
Good morning. And welcome to the NexGen Q2 Quarterly Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you, and good morning, everyone. Ladies and gentlemen, my name is Leigh Curyer, Chief Executive Officer of NexGen Energy. Thank you for joining our second quarter 2023 company update and financial results call. I will speak for about 10 minutes and then we will move on to the Q&A.
Xponentia Capital Nears Fund Ii Closure At Over $125 Mn
2023-08-05T07:01:26.792797-04:00https://www.thetrustedinsight.com/investment-news/xponentia-capital-nears-fund-ii-closure-at-over-125-mn-20230805827/
Mumbai-headquartered private equity firm Xponentia Capital Partners is inching towards the final close of its second fund (Xponentia Opportunities Fund…
Bill Ackman Shorting 30-year Treasury Bills | Fortune
2023-08-03T12:51:08.023334-04:00https://www.thetrustedinsight.com/investment-news/bill-ackman-shorting-30-year-treasury-bills-fortune-20230803764/
The Pershing Square Capital Management CEO said he was preparing for a world where U.S. inflation lingered at around 3%.
Bill Ackman Reveals His Next Big Short: 30-year Treasurys
2023-08-03T07:11:19.666556-04:00https://www.thetrustedinsight.com/investment-news/bill-ackman-reveals-his-next-big-short-30-year-treasurys-20230803747/
Billionaire investor Bill Ackman.Brian Snyder/Reuters
Billionaire investor Bill Ackman revealed he's betting against 30-year US Treasurys. The Pershing Square chief said he's short due to to the impact of higher interest rates on stocks. "The best hedges are the ones you would invest in anyway even if you didn't need the hedge," he said. Bill Ackman revealed he's betting against US Treasurys as a hedge against stubbornly high inflation.
Niricson Raises Over $10M Cad In Series A To Lead The Digital Revolution In Infrastructure Condition Assessment And Risk Management
2023-08-02T12:41:07.026952-04:00https://www.thetrustedinsight.com/investment-news/niricson-raises-over-10m-cad-in-series-a-to-lead-the-digital-revolution-in-infrastructure-condition-assessment-and-risk-management-20230802706/
The Future is Now: Transforming Infrastructure Condition Assessment with Predictive Analytics VANCOUVER, BC, Aug. 2, 2023 /PRNewswire/ - Revolutionary Canadian tech company Niricson announced the successful completion of $10M+ CAD Series A funding round led by MUUS Climate partners,...
Balyasny’s New Fund Prefers Hiring From Other Hedge Funds
2023-08-02T09:51:08.174967-04:00https://www.thetrustedinsight.com/investment-news/balyasnys-new-fund-prefers-hiring-from-other-hedge-funds-20230802697/
Hedge funds are hiring. And even though they like to hire from banks, some are still overwhelmingly interested in people who’ve worked at other hedge funds. Take Corbets Capital. The fund was launched in 2022 as an extension of Balyasny Asset Management. Bloomberg reported that Corbets intended to have 20 teams, each led by a Portfolio Manager (PM), at some point in 2023. So far, it seems that Corbets has eight PMs: Justin Rowley, Jamie Michaelson, Bryan Bartlett, Matthew Ostendorf, Jason Dailey, Robert Ax, David Scenna, and Todd Dashefsky.
Natwest, Moneta Markets, Barclays And More: Executive Moves Of The Week
2023-07-29T22:31:06.254800-04:00https://www.thetrustedinsight.com/investment-news/natwest-moneta-markets-barclays-and-more-executive-moves-of-the-week-20230729549/
With only a few days left in July, we notice a slight surge in the number of new executives being recruited in the forex, crypto and fintech industries.
Bill Hwang Seeks To Subpoena 10 Banks, Shift Blame For Archegos Collapse - Cna
2023-07-27T19:31:18.218578-04:00https://www.thetrustedinsight.com/investment-news/bill-hwang-seeks-to-subpoena-10-banks-shift-blame-for-archegos-collapse-cna-20230727470/
FILE PHOTO: Sung Kook (Bill) Hwang, the founder and head of a private investment firm known as Archegos exits the Manhattan federal courthouse in New York City, U.S., April 27, 2022. REUTERS/Shannon/File Photo NEW YORK: Bill Hwang, the founder of Archegos Capital Management, on Thursday (Jul 27) asked a judge to let him subpoena documents from 10 banks, in an effort to shift blame as he defends against criminal fraud charges that the firm's collapse was his fault.
Blackrock Throgmorton Trust Plc - Half-year Report
2023-07-27T09:31:06.914785-04:00https://www.thetrustedinsight.com/investment-news/blackrock-throgmorton-trust-plc-half-year-report-20230727435/
(marketscreener.com) basic and diluted
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Total earnings/ per share - basic and...https://www.marketscreener.com/quote/stock/BLACKROCK-THROGMORTON-TRU-4002385/news/BlackRock-Throgmorton-Trust-Plc-Half-year-Report-44439319/?utm_medium=RSS&utm_content=20230727. :
1 The change in net assets reflects portfolio movements, the purchase of the Company’s own shares and dividends paid during the period. 2 The Company’s Benchmark Index is the Numis Smaller Companies plus AIM (excluding Investment Companies) Index. With effect from 22 March 2018, the Numis Smaller Companies plus AIM (excluding Investment Companies) Index replaced the Numis Smaller Companies excluding AIM (excluding Investment Companies) Index as the Company’s Benchmark Index.
Exponential Exchange Closes $7.4M Seed Round To Fund Further Development Of Risk Mitigation Tools For The Automotive Ecosystem
2023-07-26T09:41:05.713132-04:00https://www.thetrustedinsight.com/investment-news/exponential-exchange-closes-74m-seed-round-to-fund-further-development-of-risk-mitigation-tools-for-the-automotive-ecosystem-20230726378/
MaC Venture Capital, Autotech Ventures, and Avanta Ventures invest in startup pioneering new solutions addressing market volatility-related financial exposure in auto WASHINGTON, July 26, 2023 /PRNewswire/ -- Financial innovation platform Exponential Exchange today announced the...
Jpmorgan, Citigroup Top Amazon Fossil Fuel Investors
2023-07-25T10:01:18.272119-04:00https://www.thetrustedinsight.com/investment-news/jpmorgan-citigroup-top-amazon-fossil-fuel-investors-20230725332/
JPMorgan and Citigroup were behind $3.8 billion in loans and bonds for oil and gas production and infrastructure in the Amazon basin.
Dalfen Industrial Promotes Max Gagliardi To Chief Investment Officer
2023-07-24T08:02:07.339100-04:00https://www.thetrustedinsight.com/investment-news/dalfen-industrial-promotes-max-gagliardi-to-chief-investment-officer-20230724272/
DALLAS, July 24, 2023 /PRNewswire/ -- Dalfen Industrial, a leader in last mile industrial real estate, is pleased to announce the promotion of Max Gagliardi as their new Chief Investment Officer. Max has been with Dalfen since 2012, having most recently served as Senior Managing Director of Capital Markets. In conjunction with CEO Sean Dalfen, Max will be responsible for the ...Full story available on Benzinga.com.
Blackrock Forges A New Bond With Big Oil - The New York Times
2023-07-18T09:01:16.833543-04:00https://www.thetrustedinsight.com/investment-news/blackrock-forges-a-new-bond-with-big-oil-the-new-york-times-20230718055/
The financial giant, which has embraced including climate concerns in investment decisions, named the chief executive of Saudi Aramco to its board.
The 7 Largest Nyc Tech Startup Funding Rounds Of June 2023 – Alleywatch
2023-07-06T12:01:06.365239-04:00https://www.thetrustedinsight.com/investment-news/the-7-largest-nyc-tech-startup-funding-rounds-of-june-2023-alleywatch-20230706703/
Everything you need to need to know about the largest NYC startup funding rounds of June 2023; broken down by industry, stage, investors, and more…
U.k. Regulators Confirms Investigation Into Odey Hedge Fund
2023-07-05T07:21:07.989324-04:00https://www.thetrustedinsight.com/investment-news/uk-regulators-confirms-investigation-into-odey-hedge-fund-20230705648/
The U.K.'s financial regulator has confirmed it is investigating Crispin Odey and his eponymous hedge fund group to decide whether he is a “fit and proper person” to work in financial services.
Federal Regulators Adopt A New Policy Statement On Prudent Commercial Real Estate Loan Accommodations And Workouts | Dechert Llp
2023-07-03T19:01:07.065743-04:00https://www.thetrustedinsight.com/investment-news/federal-regulators-adopt-a-new-policy-statement-on-prudent-commercial-real-estate-loan-accommodations-and-workouts-dechert-llp-20230703596/
The OCC, FDIC, NCUA and Fed have adopted a new Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. The new policy statement updates, expands on and supersedes existing guidance from 2009, and reaffirms the message that prudent commercial real estate loan accommodations and workouts are often in the best interest of both financial institutions and borrowers......By: Dechert LLP.
Truist Financial And Us Bancorp: Cause For Concern After The Stress Test? (nyse:tfc)
2023-06-30T19:01:07.494761-04:00https://www.thetrustedinsight.com/investment-news/truist-financial-and-us-bancorp-cause-for-concern-after-the-stress-test-nysetfc-20230630551/
On June 29, the Federal Reserve released the results of the Dodd-Frank Act Stress Tests 2023, and the good news is that all 23 banks (8 Category I banks, 1 Category II bank, 10 Category III banks, and 4 Category IV banks) have adequate loss-absorbing capacity and remain able to lend under severe stress conditions. However, upon closer examination, the results were rather mixed for some.
Wmre's Common Area: Themes Within Real Estate With Mike Acton
2023-06-20T11:01:10.765022-04:00https://www.thetrustedinsight.com/investment-news/wmres-common-area-themes-within-real-estate-with-mike-acton-20230620077/
AEW Capital Management's Michael Acton describes what he sees happening within the current real estate market and how investors could benefit.
Fidelity National Information Services: Why Does Seth Klarman Own 4.3% Of Fis?
2023-06-19T10:51:07.946586-04:00https://www.thetrustedinsight.com/investment-news/fidelity-national-information-services-why-does-seth-klarman-own-43-of-fis-20230619040/
Seth Klarman should not need any introduction. He is a well-known deep-value investor, founder and CEO of the hedge fund Baupost Group, managing $30 billion in assets and as of 2018 was the 17th highest-earning hedge fund manager. He was even compared to Warren Buffett as the Oracle of Boston. Therefore, when Seth Klarman starts a new position in Fidelity National Information Services (NYSE:FIS), and a large one at that at 4.3% of his portfolio, I pay attention.
Ai Risk Management Tool Secures $20M Fund Raise
2023-06-16T08:31:26.722735-04:00https://www.thetrustedinsight.com/investment-news/ai-risk-management-tool-secures-20m-fund-raise-20230616984/
Blackbird AI, which develops AI-driven narratives for risk management, has raised $20m in a series B funding round. :
Blackbird AI, which develops AI-driven narratives for risk management, has raised $20m in a series B funding round. The funding was led by cyber security investor Ten Eleven Ventures, alongside a number of other venture capital firms. Accoridng to a 2019 estimate, disinformaiton in the capital markets is costing companies and participants around $78bn annually.
Want To Work At A Hedge Fund? These Are The Top Entry-level Jobs
2023-06-13T07:01:06.806851-04:00https://www.thetrustedinsight.com/investment-news/want-to-work-at-a-hedge-fund-these-are-the-top-entry-level-jobs-20230613825/
Lucrative salary, high perks, and best quantitative brains at work—here are the common entry level positions for those aspiring for a career in the hedge fund industry.
Jpmorgan Seeks To Settle Lawsuit By Jeffrey Epstein Victims - The New York Times
2023-06-12T10:31:17.901495-04:00https://www.thetrustedinsight.com/investment-news/jpmorgan-seeks-to-settle-lawsuit-by-jeffrey-epstein-victims-the-new-york-times-20230612786/
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender's victims. :
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender's victims. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni JPMorgan Chase on Monday reached a tentative settlement with the victims of Jeffrey Epstein, weeks after enduring embarrassing disclosures about its longstanding ties to the convicted sex offender.
Suncor Energy: It Is Not The Right Time To Buy (nyse:su)
2023-06-09T18:31:07.075074-04:00https://www.thetrustedinsight.com/investment-news/suncor-energy-it-is-not-the-right-time-to-buy-nysesu-20230609722/
Suncor Energy (NYSE:SU) is a prominent energy company operating in Canada and the United States. Their operations include oil sands development, production and upgrading, offshore oil and gas, and petroleum refining. In line with its commitment to developing sustainable energy resources, the company is investing in power, renewable fuels, and hydrogen to transition towards a low-emissions future.