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Cern Pension Fund Reappoints Buck As Actuary

The CERN Pension Fund, which is based in Geneva, reappointed New York-based Buck (also known as Buck Consultants) as the pension’s actuary for an additional 4-year period. CERN Pension Fund provides pension and social security benefits for staff based at the European Organization for Nuclear Research (CERN). Buck will continue to provide its services to […]
Read by 48% of LPs 25 minutes ago

Funding Xchange Closes PS8M Funding

Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable partners...: Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable partners like MoneySuperMarket, Monzo and Experian to offer their customers instant access to personalised transparent quotes for business funding, today announced the closing of an PS8 million funding round, led by Downing Ventures and Gresham House Ventures. Sponsored: [Webinar] Real-Time Payments in the US: Global State of Play, Lessons Learnt, and How to Make Money.
Read by 39% of LPs 35 minutes ago

Hedge Fund Activism Can Have Positive Longer-term Effects On Companies, Says New Research | Hedgeweek

Activist hedge fund investors can deliver positive results for companies, according to new research from Columbia Business School's Professor Wei Jiang, Arthur F Burns Professor of Free and Competitive Enterprise.
Read by 43% of LPs 45 minutes ago

Heetch Adds $4M To Its Series B Round - Techcrunch

Ride-hailing service Heetch has added a new investor to its $38 million Series B round. AfricInvest is investing another $4 million in the startup -- in total, Heetch has raised a $42 million Series B round. Previous investors in the Series B round include Cathay Innovation, Idinvest and Total Ventures. Heetch first started as a [...]
Read by 75% of LPs 50 minutes ago

Peter Thiel's Palantir Launches Japanese Joint Venture With Insurer Sompo

* SoftBank's recent investing "too aggressive" - Thiel (Adds executive comments in paragraphs 4-9): SAN FRANCISCO/TOKYO (Reuters) - Silicon Valley data analytics company Palantir Technologies Inc has established a joint venture with Japanese insurance holding company Sompo Holdings Inc (8630.T) that will initially focus on health and cybersecurity clients, Palantir said. The joint venture, owned 50-50 by Palantir and Sompo, will service Japanese government as well as commercial clients, according to the privately held company, which was co-founded by well known tech investor Peter Thiel.
Read by 78% of LPs 50 minutes ago

Mmc Ventures Outs New PS100M 'scale Up' Fund To Double-down On Its Portfolio At The Later-stage - Techcrunch

MMC Ventures, the London-based VC that typically invested at Seed and Series A via the various funds it manages, has launched a new PS100 million "Scale Up" fund to provide expansion capital to its later-stage portfolio companies. This is a move we are seeing a number of early-stage European VCs make, such as LocalGlobe with [...]
Read by 54% of LPs 50 minutes ago

Opera's Africa Fintech Startup Opay Gains $120M From Chinese Investors - Techcrunch

Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments product to Kenya, Ghana and South Africa -- Opera's CFO Frode Jacobsen confirmed to TechCrunch. [...]
Read by 62% of LPs 50 minutes ago

Traveltriangle Bags $8.6 Mn In Series D From Kb Global

Haryana-based curated travel platform TravelTriangle has raised $8.6 Mn (INR 62 Cr) in Series D from South Korea-based KB Global...
Read by 70% of LPs 50 minutes ago

Hk-based Newquest Gathers $1B For Fourth Secondaries Fund

The final close exceeded the fund's original target of $850 million. The post HK-based NewQuest gathers $1b for fourth secondaries fund appeared first on DealStreetAsia.
Read by 80% of LPs 55 minutes ago

Jeffrey Vinik Failed To Resurrect A Hedge Fund. Who Needs One?

That appears to be the conclusion Jeffrey Vinik reached when he decided recently to close Vinik Asset Management. He resurrected the hedge fund earlier this year after closing it in 2013. The move to reopen the fund was a bold act of defiance when investors are dumping stock pickers, including equity hedge funds, in favor of low-cost index funds. "I think this is an incredible opportunity for old-fashioned stock picking," Vinik told CNBC in January. "We've had decades, maybe 10 or 20 years, of active managers underperforming passive managers." So what happened?
Read by 48% of LPs 55 minutes ago

Indonesian Edtech Startup Harukaedu Raises Series C Led By Sig

The round also saw the participation of AppWorks, GDP Venture, Gunung Sewu Kencana and Samator Education. The post Indonesian edtech startup HarukaEDU raises Series C led by SIG appeared first on DealStreetAsia.
Read by 58% of LPs