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dealstreetasia.com 11hours ago

Hong Kong-based Gaw Capital Mops Up $3B For Latest Real Estate Fund

The firm said it has raised $2.2 billion for its Gateway Real Estate Fund VI, and secured another $800 million in commitments for a sidecar vehicle. The post Hong Kong-based Gaw Capital mops up $3b for latest real estate fund appeared first on DealStreetAsia.
Read by 49% of LPs

skift.com 21 minutes ago

Duffel Raises $21.5M For Distribution Tech: Travel Startup Funding This Week - Skift

This week travel startups GuestReady Group, Duffel, MagicStay, and Fairjungle announced more than $32 million in funding. -Sean O'Neill.
Read by 44% of LPs

sott.net 1 hour, 1 minute ago

Preparing For Dollar Doomsday? Russia Adds 6 More Tons Of Gold To Its Coffers In May -- Puppet Masters -

The Central Bank of Russia (CBR) has purchased 200,000 troy ounces (6 tons) of gold in May, boosting bullion reserves to 2,190 tons. Russia increased its gold reserves by 0.3 percent in one month from May 1 to June 1, the central bank reported on Thursday. In May, the regulator held some 2,183 tons of the precious metal. Moscow has been actively beefing up bullion reserves in order to reduce reliance on the US dollar and to diversify its foreign exchange reserves.
Read by 54% of LPs

insidephilanthropy.com 1 hour, 1 minute ago

The U.s. Faces A Severe Nursing Shortage. Who's Giving To Close The Gap? -- Inside Philanthropy

The U.S. will need 1.5 million new nurses by 2026 to provide care for retiring baby boomers. Despite this looming public health crisis, philanthropy has been largely tuned out. Can a recent big gift out of D.C. help change the narrative?
Read by 40% of LPs

crainsnewyork.com 1 hour, 31 minutes ago

Slack Hits $21B Valuation In Debut After Shunning Ipo

A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday, and saw its shares soar... To view the full story, click the title link.
Read by 56% of LPs

businessinsider.com 1 hour, 31 minutes ago

Warburg Pincus Citymd-summit Medical Group Deal

Private-equity firm Warburg Pincus is buying Summit Medical Group, a doctor-owned multi-specialty practice based in New Jersey. It plans to merge the practice with New York-based urgent-care company CityMD, in which it already owns a majority stake. Healthcare companies such as UnitedHealth Group and CVS Health are using deals to create new ways of delivering healthcare. Click here for more BI Prime stories.
Read by 52% of LPs

forbes.com 2 hours, 1 minute ago

The Young Turks Says It Will Turn Down Advertisers That Don't Fit Its Values

The Young Turks will only take ads from brands that align with its values, perhaps a unique stand among online media companies scrambling for revenue. It comes as a group of sites from across the political spectrum announce a new ad-sales alliance.
Read by 31% of LPs

nreionline.com 2 hours, 31 minutes ago

10 Must Reads For Cre Investors On June 20, 2019 | National Real Estate Investor

Investor purchases of U.S. homes reach an all-time high, pushing out millennials and other first-time buyers, reports the Wall Street Journal. The competitive grocery market causes Kroger to under perform, according to Bloomberg. These are among today's must reads from around the commercial real estate industry.
Read by 67% of LPs

uk.reuters.com 2 hours, 31 minutes ago

Factbox: Airbus And Boeing Aircraft Deals At Paris Airshow

Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow. : (Reuters) - Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow. * Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, agrees to buy 32 A321XLRs worth an estimated $4.5 billion, and convert 18 more A320 family orders to the new aircraft. * Accipiter Holdings purchases 20 A320neos worth $2.2 billion at list prices.
Read by 78% of LPs

reuters.com 2 hours, 31 minutes ago

Faced With Rising Far Right, Soros Foundations Look West

* Nationalist election victories imperil civil society funding. : BERLIN (Reuters) - George Soros's Open Society Foundations, best known for funding civil rights activists across Eastern Europe and the developing world, are increasingly turning their attention to affluent western Europe in response to the rise of the far right there. Officials at the hedge fund magnate and philanthropist's charity, which disburses around a billion dollars a year, said the nationalist right's recent electoral successes were triggering the same contraction in the space for independent activism that had earlier been seen in Eastern Europe.
Read by 74% of LPs

fortune.com 2 hours, 31 minutes ago

Why Startups Like Brex Are Stockpiling Cash

Brex CEO says at Fortune's Brainstorm Finance Conference. : But the company, which issues corporate credit cards for tech companies, is still making contingency plans for one, CEO and co-founder Henrique Dubugras said Thursday at the Fortune Brainstorm Finance conference in Montauk, N.Y. "You can do a few things to prepare. First thing is raising a lot of funding. We're trying to do that part now, and set that aside for a rainy day so in the worst case scenario, you have enough money to pay back everyone," Dubugras said, noting that Brex has raised about $315 million.
Read by 55% of LPs