The Michigan startup scene is growing and venture capitalists see several key areas of opportunities. What follows is a survey of some of the top VCs in the state and how they see COVID-19 affecting the growth of Detroit, Ann Arbor and all of Michigan's startup ecosystem. According to the Michigan Venture Capital Association (MVCA), [...]
The Chief Investment Officer of the California Public Employees' Retirement System (CalPERS), Ben Meng, resigned after about a year and a half in the position. Ben Meng was appointed CIO in January 2019 and before CalPERS was Deputy CIO at China's State Administration of Foreign Exchange (SAFE). Meng helped oversee China's massive pool of foreign [...]
A look back on markets in July when the US dollar declined and tech stocks posted strong quarterly earnings. : A look back on markets in July when the US dollar declined and tech stocks posted strong quarterly earnings. Please note any past performance mentioned is not a guide to future performance and may not be repeated. The sectors, securities, regions and countries shown are for illustrative purposes only and are not to be considered a recommendation to buy or sell. US equities gained in July despite some unnerving economic data releases.
David Jane, multi-asset fund manager at Premier Miton Investors, considers three 'worries' troubling investors in the current environment.
As much of the world shelters in place, nearly every client conversation we have with our venture capital fund clients comes around to some version of the questions "what are you seeing" and "will all of this impact our fund raising plans". We acknowledge the lack of clarity, at present, regarding the eventual duration and depth of the global health pandemic, and the associated impact on financial markets. Nonetheless, as we are now several months into these events, we thought it timely to...By: Cooley LLP.
BIll Ford talks one-on-one about trying to find work-life balance during a pandemic, the outgoing CEO and why Jim Farley is the new chosen leader.
The buyer partnered with Ash Real Estate, Saxum Real Estate and Anchor Real Estate Capital for this acquisition. : XFD Real Estate Partners has acquired Cottage Row, a 1,087-bed student housing community in Statesboro, Ga. According to public records, Rialto Capital sold the property for $45.2 million. The buyer received a five-year, $32.7 million acquisition loan from Ameris Bank. According to XFD, the Cottage Row deal represents the largest student housing sale in the market since 2016. The buyer partnered with Ash Real Estate, Saxum Real Estate and Anchor Real Estate Capital for this acquisition.
JLL Capital Markets represented the seller in its disposition of the 224-unit Lincoln. : Six years after beginning construction on The Lincoln, a 224-unit luxury housing community in Raleigh, N.C., Banner Real Estate Group has sold the mid-rise apartment property to an undisclosed high-net worth private investor. The price paid for the 2-acre asset in the historic Moore Square District was not disclosed. JLL Capital Markets represented Banner Real Estate Group, a Northbrook, Ill.-based group of real estate companies that develops, acquires and manages multifamily, senior housing and self-storage properties across the nation.
IRVINE, CA, Syntiant announced it has completed a $35 million Series C funding round led by M12 and Applied Ventures.