Kim Lew Discusses The Impact Of Technology, Innovation On Investment Portfolios
Kim Lew is the vice president and chief investment officer of Carnegie Corporation of New York, the oldest private foundation in the country established in 1911. Prior to Carnegie, she spent 13 years at the Ford Foundation and also worked at Prudential Capital and Chemical Bank. During this keynote, Kim discussed her 25 plus years managing portfolios for renowned Foundations; Carnegie's view on innovation and technology and how it's impacting institutional portfolios; and why she agrees with Warren Buffet's call for contrarian investing.
Holidu Raises EUR40M Series C For Its Holiday Rentals Search Engine - Techcrunch
Holidu, the Munich-headquartered holiday rentals search engine that is now active in 21 country markets, has raised EUR40 million in Series C funding. The round was led by Prime Ventures, with participation from coparion and MairDuMont Ventures. Existing investors, including EQT Ventures, Venture Stars, Senovo and business angel Chris Hitchen, also followed on. Founded in [...]
Ironclad Raises $50M Series C Round For Its Digital Contracting Platform - Techcrunch
Ironclad, a startup that makes it easier for legal teams to manage their contracts workflow, today announced that it has raised a $50 million Series C round led by Y Combinator Continuity, with participation from Emergence Captial, as well as existing investors including Accel and Sequoia Capital. This round brings Ironclad's total funding to $83 [...]
Blackstone To Buy Dream Global For $4.7B
The global investment giant will buy the Toronto-based REIT in an all-cash deal, adding 19.4 million square feet of Western European office and logistics assets to its portfolio.
World's Top Brewer Revives Listing Plans, Halves Ipo Size >> Albuquerque Journal
HONG KONG -- AB InBev, the world's largest brewer that produces Budweiser and Corona, on Tuesday revived plans to list its Asian business in Hong Kong but halved the size of its initial public offering to $4.8 billion. The move comes two months after it temporarily shelved plans to raise $9.8 billion in what would [...]
Ap Analysis: Saudi Oil Attack Part Of Dangerous New Pattern >> Albuquerque Journal
DUBAI, United Arab Emirates -- The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues as to who launched them. Beginning in May with the still-unclaimed explosions that damaged oil tankers [...]
Datadog's Expected Ipo Pricing Increased, Lifting Value Of Share Offering To Up To $624M
Datadog disclosed Tuesday that expected pricing of its initial public offering has increased to $24 to $26 a share from $19 to $22, which raises the value of its 24-million-share offering to up to $624 million from $528 million. If the underwriters exercise the options to buy up to an additional 3.6 million shares, the company could raise up to $717.6 million. The digital transformation and cloud migration software company's stock is expected to list on the Nasdaq under the ticker symbol "DDOG." The lead underwriters of the IPO are Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse.
Govt Allows Sail To Sell 25% Iron Ore Output In Open Market
The mines ministry has noted that there is a need to take adequate steps to ensure availability of iron ore in the market to meet the demand of domestic steel makers.
Qatar Swf-backed Sofi Inks Deal For Name Rights On Los Angeles Stadium For The Rams And Chargers
Social Finance (SoFi) is a mobile-centered personal finance company, which received US$ 500 million in equity financing primarily from Doha-based Qatar Investment Authority (QIA) in May 2019. QIA sees the value of SoFi at US$ 4.3 billion. SoFi put the money toward growth, and has a balance sheet of US$ 2.3 billion. Goldman Sachs alum, [...]
Bill Gates Net Worth At $106 Billion, Up By $16B In 2019
The Microsoft founder is still in wealth-creation mode. : "We're not, you know, in some defensive posture where we're mostly in cash, or anything like that," the Microsoft Corp. founder said in an interview with Bloomberg Television. "The strategy that's been used on the investments is to be over 60% in equities." That's helped Gates add $16 billion to his net worth this year, taking his wealth to $106 billion, behind only Jeff Bezos on the Bloomberg Billionaires Index, even as his charitable donations have topped $35 billion.
Kraft Heinz Shares Fall After Key Investor Dumps Holdings >> Albuquerque Journal
NEW YORK -- Kraft Heinz Co. shares are sliding after one of the company's top investors sold 25 million shares. 3G Capital -- a Brazilian private equity firm -- reduced its stake in the company by 9%. 3G remains the company's second-largest shareholder. 3G partnered with Berkshire Hathaway Inc. to combine Kraft and Heinz in [...]