Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. 18minutes ago

Smart City-focused Venture Funds Worth $160M Launched In Singapore

The funds are Singapore-based GBCI Ventures' $100-million smart city fund and CleanGrid Partners' $60-million clean energy fund. The post Smart city-focused venture funds worth $160m launched in Singapore appeared first on DealStreetAsia.
Read by 30% of LPs 8 minutes ago

Morning Coffee: Fund Manager Who Partied With His Juniors Concedes This Was A Bad Idea. How To Fall In Love With A Hedge Fund Manager

It's probably best not to hang around with the analysts and associates after work. : "While I am not a person who attaches much importance to hierarchy, I now believe that it is perhaps better as a senior employee that I always maintain a professional distance with more junior employees and do not drink and socialize with them..." This is the most recent insight into the business of fund management from Frederic Michel-Verdier of IFM Investors.
Read by 41% of LPs 8 minutes ago

Clearcover Car Insurance Raises $43M In Series B Funding

CHICAGO, January 22, 2019-- Clearcover, the smarter car insurance choice, announced today a Series B financing round of $43M led by Cox Enterprises, the media, communications and automotive services company. Additional investors include American Family Ventures, IA Capital Group, Lightbank, and Hyde Park Angels, while Silicon Valley Bank provided debt financing. Clearcover's technology-driven approach, including its industry-first API platform, has enabled the company to provide high-quality, affordable car insurance to thousands of drivers since launching in early 2018.
Read by 59% of LPs 8 minutes ago

Jna Awards Reveals Two New Categories For 2019

New Outstanding Enterprise and Manufacturer of the Year categories added to encourage creativity and wider participation from global jewellery enterprises HONG KONG, Jan. 23, 2019 /PRNewswire/ -- The JNA Awards unveils its list of categories and judging criteria for its 2019 edition. Now...
Read by 57% of LPs 8 minutes ago

Major League Soccer Hails Burkle Sacramento Investment | The Sacramento Bee

Ron Burkle's investment in Sacramento Republic FC got a warm welcome in the place where it matters most: Major League Soccer's headquarters. MLS executives indicated Tuesday that Burkle's involvement in ... Click to Continue >>
Read by 38% of LPs 8 minutes ago

Dalio Agrees With Klarman's Warning Of Recession Risk

Billionaire hedge fund manager Seth Klarman is dominating headlines at the World Economic Forum after writing in a letter that the global economy can not continue "business as usual." Klarman oversees the $27-billion hedge fund Baupost Group and said in a letter seen by New York Times' Andrew Ross Sorkin that the growing political and social divide worldwide could usher in an economic disaster. The world simply cannot continue "business as usual" amid worldwide protests, riots, government shutdowns and other trends that are resulting in a "world increasingly adrift," the letter reportedly said.
Read by 75% of LPs 13 minutes ago

San Francisco Equity Partners Acquires Majority Stake In Leading Clean Beauty Brand Jane Iredale

SAN FRANCISCO, January 22, 2019-- San Francisco Equity Partners (SFEP), a private equity firm exclusively focused on expansion-stage companies in the consumer sector, announced today that it has acquired a majority stake in jane iredale, a globally recognized makeup and skincare company that embraces a holistic approach to beauty. SFEP will partner with founder Jane Iredale and her management team as the company embarks on its next phase of growth. Terms of the deal were not disclosed.
Read by 56% of LPs 13 minutes ago

Dosh Declares War On Wasted Advertising Spend With $40M Series B Financing

AUSTIN, Texas, January 22, 2019-- Dosh, the fastest growing fintech app, today announced it has closed a $40 million Series B financing round, including $20 million in equity and $20 million in venture debt. The financing was led by Goodwater Capital and Western Technology Investment (WTI), with participation from investors PayPal, BAM Capital and Anthem Venture Partners. In 2019, much of the $231 billion advertising spend will be wasted due to no attribution. Dosh brings a dramatic shift in how merchants spend advertising dollars by giving them a new way to reach and reward consumers.
Read by 48% of LPs 13 minutes ago

Singapore-based Gbci Ventures Opens Us$100m Smart City Fund, Banking News & Top Stories - The Straits Times

January 23, 2019 3:02 PMSINGAPORE - Singapore-based smart city investor GBCI Ventures has launched a US$100 million (S$136 million) development fund for technologies such as robotics, artificial intelligence and virtual reality.
Read by 35% of LPs 13 minutes ago

A Rising Tide: How The Higher Ed Fundraising Boom Lifts The Liberal Arts -- Inside Philanthropy

Historic levels of donor support for higher education has included a surge in big gifts for the liberal arts. We dig into an instructive campaign from a mid-tier public university turning to private dollars as state support lags.
Read by 48% of LPs 13 minutes ago

Hailo Expands Series A Round To $21M And Launches Hailo-8(tm) Fast Track Program For Select Customers

TEL AVIV, Israel, January 22, 2019-- Israeli startup Hailo, developers of a proprietary processing architecture for deep learning on edge devices, has expanded its Series A funding round to $21 million. Chinese venture capital firm, Glory Ventures, led the investment-round expansion and was joined by existing and other new investors. The investment will enable the company to expand its target markets into China and Hong Kong, complementing its existing markets in Europe, North America, Japan and Korea.
Read by 55% of LPs