Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. February 09, 2024

Y Combinator-backed Ai Startup Crux Raises $2.6M In Funding, Et Telecom

Founded in 2022 by Himank Jain, Atharva Padhye and Prabhat Singh, the startup helps B2B SaaS teams build embedded AI copilots faster. It creates AI models that answer questions about business data in plain language along the lines of OpenAI’s ChatGPT.
Read by 65% of LPs 1 hour, 9 minutes ago

San Gabriel Mountains And Berryessa Snow Mountain National Monuments To Become Larger

San Gabriel Mountains and Berryessa Snow Mountain national monuments to become larger. : President Joe Biden plans to expand the size of two national monuments in California later this month -- one in the San Gabriel Mountains east of Los Angeles and the other in remote landscapes north of Napa Wine Country. The Washington Post, CNN and the New York Times quoted unnamed White House officials late Thursday and Friday morning saying that Biden will sign a declaration expanding the 346,177-acre San Gabriel Mountains National Monument in Southern California by 110,000 acres within the next few weeks.
Read by 60% of LPs 2 hours, 9 minutes ago

Stocks Get Hit As War Jitters Fuel Rush To Bonds

The S&P 500 was on pace for its worst day since January, Treasuries climbed, and the VIX spiked to levels last seen in October.
Read by 60% of LPs 2 hours, 9 minutes ago

Citigroup Q1 Earnings: A Good Bank For Sale At 0.7x Tbv (nyse:c)

Citigroup Inc. (NYSE:C) reported its 2024 Q1 earnings on Friday morning, April 12. The results are quite strong, in my view, beating market expectations on both lines. To wit, its GAAP EPS dialed in at $1.58, beating market expectations by $0.41. Its revenue came in at $21.1B, beating market expectations by $700M. Digging into the report's future, I think a few more items are of more interest besides the top and bottom line numbers. And it's the goal of this article to dissect these items in more detail. These items are summarized in the chart below.
Read by 30% of LPs 3 hours, 9 minutes ago

Woodside Annual Meeting On April 24 To Decide Climate Future Of Australia's Largest Energy Company

Woodside shareholders are about to decide if the company is doing enough to diversify revenue away from fossil fuels as warnings intensify about emissions heating the planet.
Read by 50% of LPs 4 hours, 9 minutes ago

Icapital(r) And Bain Capital Credit Partner To Expand Wealth Managers' Access To Alternative Investments

NEW YORK, NY -- (BUSINESS WIRE) -- iCapital1, the global fintech platform driving the world's alternative investment marketplace for the wealth management industry, today announced a partnership with Bain Capital Credit, L.P., a leading global credit specialist, to provide financial advisors and high-net-worth investors with access to a suite of Bain Capital Credit's private credit strategies via iCapital's technology platform. Through this partnership, advisors gain increased operational efficiency by accessing select Bain Capital Credit products via the customized Bain Capital-branded platform powered by iCapital and on iCapital Marketplace.
Read by 37% of LPs 5 hours, 9 minutes ago

Alphyn Capital Management Q1 2024 Letter To Investors

As reported by our fund administrator, the Master Account, in which I am personally invested alongside SMA clients, returned 7.1% net in Q1 2024 vs 10.6% for the S&P500. As of March 31, 2024, the top ten positions comprised approximately 66% of the portfolio, and the portfolio held approximately 8.2% in cash. It has been five years since the inception of Alphyn Capital Management, which I embarked on in January 2019 with my capital before officially registering as an investment advisor in April of that same year. As a registered investment advisor, I focus on two strategies for clients.
Read by 45% of LPs 5 hours, 19 minutes ago

Another Billionaire Hedge Fund Manager Ditches New York And Moves To Florida -- Says Nyc Is 'driving High Earners Away'

Larry Robbins, the billionaire CEO of Glenview Capital Management, is charting a distinctive path by moving to Florida while maintaining his professional base in New York. In a deviation from the typical trend of financial leaders relocating, Robbins aims to balance his family's needs with his commitment to New York's financial ecosystem. "I know of no business that has generated long-term success by driving away its highest-paying customers," Robbins said during a Bloomberg interview, underscoring his concerns for New York's future. Don't Miss: Investing in real estate just got a whole lot simpler.
Read by 71% of LPs 5 hours, 39 minutes ago

Crime-ridden San Francisco Seeks To Allow Lawsuits Against Grocery Stores Fleeing The City As Mass Corporate Exodus Continues

San Francisco has long been feared to be falling into a doom loop, a situation where taxpayers leaving the crime-ridden city results in lower tax revenues leading to cuts in services and rising taxes, making it even less desirable to live in. It can be especially devastating when a community's essential businesses, such as grocery stores, decide to leave. San Francisco experienced this last year when Inc. (NASDAQ:AMZN)-owned Whole Foods Market Inc. shut down its flagship store in the city after being open for just over a year, citing employee safety concerns.
Read by 34% of LPs 5 hours, 49 minutes ago

Proskauer Hedge Fund Trading Guide 2024 - Chapter 2: Insider Trading: Focus On Subtle And Complex Issues | Proskauer - Regulatory & Compliance

Proskauer's Hedge Fund Trading Guide offers a concise, easy-to-read overview of the trading issues and questions we commonly encounter when advising hedge funds and their managers. It is written not only for lawyers, but also for investment professionals, support staff and others interested in gaining a quick understanding of the recurring trading issues we tackle for clients, along with the solutions and analyses we have developed over our decades-long representation of hedge funds and their...By: Proskauer - Regulatory & Compliance.
Read by 35% of LPs 6 hours, 39 minutes ago

David Ellison, Son Of The World's 9th-richest Man, Is Poised To Become A Hollywood Power Player As He Closes In On Buying Paramount

The production company behind Top Gun: Maverick might fly to the top of Paramount's mountain of content. Skydance Media, the production studio owned by Larry Ellison's son David, is in advanced negotiations to take a significant stake in Paramount Global. The exact nature of the deal has not yet been defined, including whether or not Skydance and its private equity backers RedBird Capital Partners and KKR will take a majority stake. But talks between the two sides are moving quickly, following Skydance and Paramount entering an agreement to engage in exclusive talks last week.
Read by 66% of LPs