The Riverside Company has raised $29.4 million toward a $50 million second opportunity fund, according to a filing with the SEC. The fund attracted capital from 38 LPs. The filing is available here.
Fake meat is disrupting the global meat industry and getting cultural endorsements from some of the biggest celebrity names on the planet. Impossible Foods develops plant-based substitutes for meat and dairy products and just got money and endorsements from Serena Williams, Jaden Smith, Trevor Noah and Jay-Z, Forbes reported. The California company raised $300 million [...] The post Serena Williams, Jaden Smith, Trevor Noah And Jay-Z Help Push Impossible Foods To $2B Valuation appeared first on Moguldom.
Bringing a new strategy to the venerable game show. : James Holzhauer, a previously obscure sports gambler, is making national news and captivating millions by running the board on the long-running quiz show "Jeopardy." His fast-moving style of play has flabbergasted competitors and upended the normally reserved format of the game. Holzhauer just roared back after a two-week break in the show, extending his run to 26 games and nearly $2 million. All-time champ Ken Jennings took home $2.5 million over 74 games before being dethroned in 2004.
Grasim Industries Plans To Invest Additional Rs 6,400 Crore To Add Capacity | Business Standard News
The additional capacity will be commissioned at Vilayat plant in Gujarat in two years. : Aditya Birla Group's Grasim Industries plans to invest an additional Rs 6,400 crore in expanding its capacity as its existing plants are unable to meet growing demand from the local customers. Dilip Gaur, managing director of Grasim, said the investment would be made in the speciality fiber business, which would increase its capacity by about 40 per cent in the next two years as the company.
The panel has also proposed that sovereign wealth funds should be exempted from investment caps. : A Securities and Exchange Board of India (Sebi)-constituted committee has proposed wide-ranging changes to the foreign portfolio investment (FPI) regime, aimed at boosting capital flows into the country by improving ease to doing business, especially for large and well-regulated global institutions.
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised LiveAuctioneers LLC (LiveAuctioneers), a portfolio company of Bessemer Venture Partners (Bessemer) and Jason Finger, on its controlling investment by Cove Hill Partners (Cove Hill). LiveAuctioneers is an online live-auction source for fine and decorative art, antiques, jewelry and vintage collectibles. The transaction was led by Mike Wilkins, Erik Szyndl.
Western Pakistan is a fascinating place. It's remote, arid, tribal, and these days, a Taliban stronghold -- not the friendliest of spots for westerners planning...
The troubled Swiss asset manager GAM has found support from a George Soros hedge fund unit. SFM UK Management LLP, a unit of the George Soros hedge fund empire, accumulated a 3% stake in GAM Holding, according to a filing on the SIX Swiss Exchange website. GAM's largest shareholder remains Silchester International Investors with a [...]