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Howard Hughes Medical Institute
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Hedge Fund Tide Point Shutting Down After Six Years
Join the Nasdaq Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! BOSTON, Sept 5 (Reuters) - Hedge fund Tide Point Capital Management is shutting down due to the majority owner's personal wishes, the latest casualty in the $3 trillion industry which has faced increasing challenges in raising money and delivering top returns, two sources with knowledge of the move said on Wednesday. Full investment news article
Relevent to this post: Goldman Sachs
Morgan Stanley,
Anchorfree, Maker Of Top Online Privacy App, Raises $295M
Despite the recent attention on digital privacy, venture capital investors have mostly stayed away from companies that offer virtual private networks, which allow users to hide their online tracks. Now there is one big exception. AnchorFree, the maker of Hotspot Shield, one of the oldest VPN apps, said Wednesday that it had raised $295 million. The round brings AnchorFree’s total funding to $358 million, far outpacing any of its competitors. The Redwood City company is the latest tech startup to ... Full investment news article
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Louisiana Economic Development,