Psp Invests In Telecommunications, Cppib In Biopharmaceuticals
The Public Sector Pension Investment Board is entering a definitive agreement with Loral Space & Communications Inc. and Telesat Canada to combine the two telecommunications businesses into a new Canadian public company. The PSP will own a 36.7 per cent interest in New Telesat as a result of the merger, expected to close in the ...
Surefire Capital Multi-strategy Hedge Fund Secures Top Preqin Ranking
SureFire Capital Multi-Strategy Hedge Fund secures top Preqin ranking Submitted 04/12/2020 - 9:12am SureFire Capital's SureFire Multi-Strat has secured a top ranking from global data provider Preqin. The multi-strategy fund was ranked No1 by Preqin as of 30 September, 2020 in four different Hedge Fund of Funds categories: Year-to-date 2020 net return, Cumulative 12-month and three-year annualised returns, and Sharpe Ratio. SureFire Capital's Investment Club, formed in 2016 with five members, now exceeds 1,100 family office and high net worth investors from multiple countries.
Cramer Says This Ev Startup Has The 'best Claim To Be The Son Of Tesla,' Gives Blessing To Buy Spac Stock
Jim Cramer has given his "blessing" for investors to buy shares of CIIG Merger Corp (NASDAQ: CIIC), the blank-check company merging with British electric vehicle company Arrival.
Apple, Tesla, Docusign And 12 Others In Morgan Stanley's 'secular Growth Stocks' Lineup For 2021
Morgan Stanley has released its "Secular Growth Stocks" list for 2021, as reported by CNBC on Wednesday. Analysts at the investment bank said it based the selection of stocks on criteria like sustainable competitive advantages, product cycles, market share gains, and pricing power that would drive strong growth. The stocks included in the list -- which features Apple Inc. (NASDAQ: AAPL) and Tesla Inc. (NASDAQ: TSLA) -- all have "reasonable valuations" and only stocks rated Overweight or Equal Weight by Morgan Stanley analysts are included, the report says, as per CNBC.
Crude Oil Price Today: Oil Prices Rise As Producers Agree On Supply Compromise - The Economic Times
OPEC and Russia on Thursday agreed to ease deep oil output cuts from January by 500,000 barrels per day, failing to come to a compromise on a broader policy for the rest of next year.
Actis, Brookfield Among Front Runners For Fortum Oyj's 500mw Indian Solar Projects
The stake sale deal by the third-largest Nordic utility is potentially being valued at about Euro 500 million. The post Actis, Brookfield among front runners for Fortum Oyj's 500MW Indian solar projects appeared first on DealStreetAsia.
Top 20 Commercial Development Firms Of 2020
The 2020 CPE Top Commercial Development Firms ranking utilized self-reported data for all firms. : Key: Regions (E=East; M=Midwest; S=South; W=West; I=International). Property Sectors (O=Office; I=Industrial; R=Retail; H=Hospitality; He=Health care; X=Other) Though we make every effort to include all major commercial developers, several notable firms (among them Alexandria Real Estate, Kilroy Realty and Prologis) did not participate this year. Of all commercial real estate sectors, industrial has emerged as one of the clear winners as consumer spending has dramatically shifted toward e-commerce, increasing the need for warehouse space, and, more specifically, cold storage as the popularity of grocery delivery increases.
York Capital Makes Strategic Investment In F1 Payments
Chad Anselmo Named Chief Executive Officer; Fintech Industry Veteran Sunil Kappagoda Appointed Chairman of Board of Directors AUSTIN, Texas & NEW YORK, December 3, 2020-- F1 Payments (the "Company"), a fintech company focused on increasing business velocity for all constituents in the payments ecosystem, today announced it has received a strategic recapitalization and growth investment from an affiliate of York Capital Management. Financial terms of the transaction were not disclosed. In conjunction with the transaction, Chad Anselmo, President, has been named Chief Executive Officer. F1 Payments Founder, Shane Hibbeler, has retired from the Company.
Virta Health Raises $65M Series D Round
SAN FRANCISCO, CA, Virta Health, the first company dedicated to reversing type 2 diabetes without medications or surgery, has raised $65 million in Series D funding.
People Digest: Australia's Future Fund, Vietnam's Momo Make Key Hires; Ntt Global Ceo Retires
Sue Brake will be the new CIO of the Australian SWF. The post People Digest: Australia's Future Fund, Vietnam's MoMo make key hires; NTT global CEO retires appeared first on DealStreetAsia.
Chinese Ev Brand Nezha Raises $306M In First Tranche Of Series C Led By Hd Capital
Nezha plans to launch an IPO on the STAR Market in 2021. The post Chinese EV brand Nezha raises $306m in first tranche of Series C led by HD Capital appeared first on DealStreetAsia.