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cnbc.com June 24, 2019

Bill Gates Says He'd Start An AI Company Today

If Bill Gates were to drop out of Harvard University and start a new company today, it would be one that focuses on artificial intelligence, he said. The Microsoft co-founder hasn’t lost interest in the technology industry where his company has operated for the past 44 years.
Read by 49% of LPs

benzinga.com 1 hour, 1 minute ago

Inovalis Real Estate Investment Trust Announces Change Of Chief Financial Officer And Appointment Of New Trustee

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 26, 2019 /CNW/ - Inovalis Real Estate Investment Trust ("Inovalis REIT" or the "REIT") (TSX:INO) today announced that Mr. Khalil Hankach has been appointed the new interim Chief Financial Officer of the REIT effective immediately. Mr. Hankach remains as the Chief Investment Officer of the REIT and previously served as the REIT's initial Chief Financial Officer. Mr. Hankach replaces Mr. Tom Wenner who is leaving to pursue other opportunities. Full story available on Benzinga.com.
Read by 63% of LPs

s25955.pcdn.co 1 hour, 11 minutes ago

Broker-dealers Prep For Institutional Crypto - Markets Media

Many on Wall Street plan to forgo first mover advantage so that they can prepare for the long game when it comes to cryptocurrencies and digital assets. Nomura International has seen early demand for cryptocurrency exposure coming from high net worth retail investors and hedge funds that cater to that space, according to Christopher DeWinter, managing director, market structure & strategic investments at Nomura International, who participated in a panel discussion at this week's Crypto Evolved conference in Midtown Manhattan.
Read by 51% of LPs

reuters.com 1 hour, 41 minutes ago

Lawyer For Platinum Partners Founder Assails Prosecutors' 'lies'

A lawyer for Mark Nordlicht, founder of defunct hedge fund firm Platinum Partners, assailed U.S. prosecutors at Nordlicht's criminal trial on Wednesday, suggesting they deliberately misled jurors to boost their careers.
Read by 63% of LPs

zdnet.com 2 hours, 2 minutes ago

Enterprisedb Goes Private

EnterpriseDB is hoping to ride the upsurge of interest in PostgreSQL by going the private equity route. : EnterpriseDB is hoping to ride the upsurge of interest in PostgreSQL by going the private equity route.
Read by 54% of LPs

vcnewsdaily.com 2 hours, 21 minutes ago

Tissuetech Raises $82M In Series C

MIAMI, FL, Pioneer in regenerative medicine led by EW Healthcare Partners.
Read by 55% of LPs

prnewswire.com 2 hours, 31 minutes ago

Warburg Pincus Closes $4.25B China-southeast Asia Ii Fund

BEIJING, HONG KONG, SHANGHAI, SINGAPORE and NEW YORK, June 26, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the successful close of Warburg Pincus China-Southeast Asia II, L.P. ("Warburg Pincus China-SEA II")....
Read by 52% of LPs

pehub.com 2 hours, 32 minutes ago

Infrastructure Bank To Invest $55M To Explore High Frequency Rail

Canada Infrastructure Bank has agreed to provide $55 million of funding to further explore VIA Rail Canada's proposal for high frequency rail in the Quebec City-Toronto corridor. The funding is part of a $ [...]
Read by 38% of LPs

pehub.com 2 hours, 32 minutes ago

Tuatara Capital Appoints Sherman As Md

Tuatara Capital LP, a private equity firm focused on the legal cannabis industry, has named Sergey Sherman as a managing director on the investment team. Previously, Sherman was managing director at Societe [...]
Read by 39% of LPs

techcrunch.com 2 hours, 52 minutes ago

Jewelry Startup Aurate Raises $13M - Techcrunch

AUrate, a startup selling gold jewelry directly to consumers, announced today that it has raised $13 million in Series A funding. The company's co-founders Bouchra Ezzahraoui and Sophie Kahn said that AUrate's prices range from $50 to $3,000, but they're really aiming for what Ezzahraoui called "this new market sweet spot" of $300 to $500. [...]
Read by 53% of LPs

techcrunch.com 3 hours, 1 minute ago

Vcs Double Down On Data-driven Investment Models - Techcrunch

New efforts could automate the role of an analyst. : Social Capital co-founder Chamath Palihapitiya is spinning out a company from his venture capital fund-turned-family-office, TechCrunch has learned. The new entity, temporarily dubbed CaaS (short for capital-as-a-service) Technologies, will focus on providing data-driven insights to VC firms. Data informs investment decisions at VC funds more than ever, as new technologies make way for increasingly quantitative approaches to deal-making. But when it comes to third-party data analysis tools, there are few options tailored to VCs.
Read by 79% of LPs