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Nar Invests In Blockchain Real Estate Startup Propy

The National Association of Realtors is betting on the blockchain. NAR’s venture capital arm Second Century Ventures said it was investing in Propy, a San Francisco-based real estate transaction platform startup, according to Inman. The announcement is a substantial, considering NAR is the nation’s most powerful real estate trade organization, with 1.3 million members. Propy tracks deeds, documents and other details of real estate transactions through metadata on a blockchain, an immutable public ledger. Any ... [more]
Read by 67% of LPs 15 minutes ago

Number Of People Working In Renewable Energy Increased To 11 Million In 2018

Eleven million people were employed in renewable energy worldwide in 2018, according to the latest analysis by the International Renewable Energy Agency (IRENA).
Read by 51% of LPs 15 minutes ago

India's Coal Import Rises 15% To 24 Mt In May | Business Standard News

India's coal import increased by 14.5 per cent to 24.01 million tonnes (MT) in May this year. The country's coal import was at 20.96 MT in May 2019, according to a mjunction services report, which is based on monitoring of vessels' positions and data received from shipping companies. The report comes at a time when the government is looking at relaxing the timeline for the one billion tonne coal production target it had set earlier for Coal India (CIL), which accounts for over 80 per cent of the domestic coal output.
Read by 72% of LPs 9 hours, 45 minutes ago

Editor's Take: The Week That Was - June 10-14

Our editor highlights DealStreetAsia's curated list of exclusives, interviews, fundraising and exit updates. The post Editor's take: The week that was - June 10-14 appeared first on DealStreetAsia.
Read by 76% of LPs 9 hours, 45 minutes ago

Optrust Gives Amerivet Veterinary Partners A Financial Lift

San Antonio-based AmeriVet Veterinary Partners was formed in 2016 as part of Imperial Capital Acquisition Fund VI, a fund managed by Toronto-based Imperial Capital Limited. AmeriVet Veterinary Partners has majority ownership in 33 veterinary practices in 15 U.S. states. OPTrust, like its peers, invests in a wide range of healthcare practices in the United States. [...]
Read by 38% of LPs 10 hours, 25 minutes ago

Hedge Funds Have Never Been This Bullish On Welbilt, Inc. (wbt)

Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, as evidenced by the fact that less than 49% of the stocks in the S&P 500 did so during the second quarter.
Read by 50% of LPs 15 hours, 15 minutes ago

Hopes For Climate Progress Falter With Coal Still King Across Asia | Business

A depressing picture of global power generation has coal still firmly on top. And in a vicious cycle, the very heatwaves and winter freezes high carbon emissions cause seem to be increasing themThe world's largest sovereign wealth fund is preparing to leave fossil fuels behind. Last week, Norway's parliament confirmed by unanimous vote that its $1tn sovereign wealth fund would dump $13bn of fossil fuel investments - and start investing billions in renewables.The move is designed to protect Norway's state-owned investment fund from the decline in fossil fuels that will be vital if full-blown climate catastrophe is to be averted.
Read by 40% of LPs 17 hours, 15 minutes ago

How To Avoid Funding The Next Theranos: Guidelines For Healthcare Vcs

Healthcare investing often has greater scientific complexity than standard tech venture capital. Theranos is a well-known example of a risky healthcare bet gone wrong, but some experts say other problematic startups are on the horizon. So we asked some of the field's top venture capitalists, executives, and researchers to tell us what could be done to avoid another healthcare investment gone awry. Their advice ranges from basic tips like vetting the science behind a startup's concept to more creative ideas like encouraging founders to problem-solve during an activity like a hike. Click here for more BI Prime stories.
Read by 71% of LPs 20 hours, 45 minutes ago

Starwood Capital | Sydney | Zenith Centre

Barry Sternlicht's Starwood Capital has purchased an office complex in northern Sydney for $303 million, in partnership with Australian firm Arrow Capital Partners. The complex was purchased from global asset manager BlackRock and Australia's Centuria Property Funds, IPE Real Assets reported. The companies acquired the complex in 2016 for A$279 million. They decided to sell earlier than planned because of buyer interest. "These are A-plus buildings on a land-rich site," Kurt Wilkinson, partner at Arrow [...]
Read by 54% of LPs 21 hours, 25 minutes ago

Hargreaves Lansdown Ceo To Forgo Bonus After Promoting Woodford

Hargreaves Lansdown Plc Chief Executive Officer Chris Hill has volunteered to give up a bonus of as much as 2.1 million pounds ($2.6 million) as the fallout from fund manager Neil Woodford's troubles continues, the Daily Mail reported, citing people at the company it didn't identify. The decision to forgo the bonus was taken because Hargreaves Lansdown's customers have been affected by the freezing of Woodford's LF Woodford Equity Income fund, the newspaper said. Hargreaves Lansdown was a major backer of the embattled fund manager until he halted withdrawals from the fund at the end of May.
Read by 65% of LPs