Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. 12hours ago

Mitsubishi Invests In Laos Wind Farm Project, Biggest In Se Asia

Japanese trading house Mitsubishi Corp has invested in a massive wind power plant project in Laos to deliver electricity to Vietnam, in what would be the biggest onshore wind farm in Southeast Asia.
Read by 40% of LPs 58 minutes ago

Pakistani Digital Banking Fintech Tag Acquires $12M Via Round Led By Liberty City Ventures

Pakistani Digital Banking Fintech Tag Acquires $12M via Round led by Liberty City Ventures Crowdfund Insider. : Pakistan-based virtual banking platform Tag has acquired more than $12 million in capital as part one of the largest seed rounds in Southeast Asia. With the capital injection, Tag's valuation now stands at $100 million, with the firm managing to finalize the fundraising deal within a two week timeframe. Tag's investment round included participation from Canaan Partners, Addition, Banana Capital, and Mantis. As mentioned in the announcement, the round was led by Liberty City Ventures.
Read by 65% of LPs 2 hours, 38 minutes ago

Maharashtra Sees 3,206 Covid-19 Cases, 36 Deaths, 3,292 Recoveries

With 1,65,990 new tests, the number of samples examined for coronavirus so far in Maharashtra rose to 5,81,58,000.: Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas Maharashtra on Sunday reported 3,206 new coronavirus positive cases and 36 fatalities while 3,292 patients recovered, the health department said. The new additions pushed the tally of infections in Maharashtra to 65,44,325 and the death toll to 1,38,870.
Read by 62% of LPs 4 hours, 28 minutes ago

A Jolt For Online Gaming Startups In India

The Freshworks IPO is on all our minds after its Nasdaq debut last week, and Karnataka has proposed a ban on online gaming platforms in the state that is expected to impact a slew of Indian startups.
Read by 66% of LPs 4 hours, 28 minutes ago

Financial Documents Analysis Provider Ocrolus Secures $80M Via Series C Led By Fin Vc

Financial Documents Analysis Provider Ocrolus Secures $80M via Series C led by Fin VC Crowdfund Insider. : Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for innovative financial services companies such as Brex, Enova, LendingClub, PayPal, Plaid, and SoFi. Ocrolus intends to use the proceeds to develop more products for the mortgage lending and banking sectors and to expand its US operations.
Read by 32% of LPs September 25, 2021

Book Bits: 25 September 2021 | The Capital Spectator

* The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance Eswar S. Prasad Q&A with author via Bloomberg Q: Why is there such urgency for central banks to develop digital currencies? A: The reality is that the end of physical cash is not too far away. We are seeing digital payments [...]
Read by 55% of LPs September 24, 2021

Merger Mania Is Only Part Of The Solution For Asset Managers

Getting bigger is a way for managers to cope with fee pressure, but mergers can be tough and product also matters a lot.
Read by 38% of LPs September 23, 2021

The Illinois Freedom To Work Act - New Rules Impacting Restrictive Covenants | Levenfeld Pearlstein, Llc

Non-competes and non-solicits, so-called restrictive covenants, have been at the center of a nationwide discussion for many years. On the one hand, employee-leaning constituencies have advocated for substantial restrictions and/or outlawing restrictive covenants. Employer groups, on the other hand, have argued that restrictive covenants are necessary to protect important business interests, such as mitigating the risk of unfair competition......By: Levenfeld Pearlstein, LLC.
Read by 79% of LPs September 23, 2021

Hudson Square Office Building Sold For $46M

Days after Google shattered a pandemic purchase record in Manhattan's Hudson Square, another deal has added to the neighborhood's pricey office scene. Vanquish LLC, a group of investors from the Middle East, bought a boutique office building from Penn South Capital at 39 Clarkson Street for $45.9 million. The all-cash deal for the six-story, 30,000-square-foot building closed two weeks ago, according to the Commercial Observer. The office building has one tenant, mental health startup Talkiatry, The post Hudson Square office building sold for $46M appeared first on The Real Deal New York.
Read by 43% of LPs September 23, 2021

Ackman's Pershing Square Fund Surges As Universal Soars In Stock Debut

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike Blake/File Photo BOSTON, Sept 22 (Reuters) - Hedge fund manager William Ackman's 10% bet on Universal Music Group helped nearly double returns at his own portfolio to 15.3% this week after shares in the world's biggest music label surged in their first hours as a publicly traded company. Ackman, who runs hedge fund firm Pershing Square Capital Management, told investors that his Pershing Square Holdings portfolio returned 15.3% after fees since January.
Read by 36% of LPs August 12, 2021

Chris Sacca's Lowercarbon Capital Has Raised $800M To 'keep Unf*cking The Planet' - Techcrunch

Lowercarbon Capital, a climate-tech focused fund founded by longtime investor Chris Sacca and his wife Crystal Sacca, has closed on $800 million in capital, Sacca announced today in a post on the firm's site. According to Sacca, the commitments came exceedingly fast -- in "just a few days." Writes Sacca: "It turns out that raising [...]
Read by 31% of LPs