Bernard Arnault | La Spec Mansions | Louis Vuitton
Buying nearly a half-billion-dollars worth of Rodeo Drive retail properties apparently isn’t Bernard Arnault’s only real estate ambition in Beverly Hills. Arnault, the fourth-richest person in the world, has added to his sizeable portfolio of prime Los Angeles real estate with a $30 million purchase in the Trousdale Estates neighborhood. The chairman of luxury goods conglomerate LVMH picked up a 6,400-square-foot home there last month, according to Yolanda’s Little Black Book. It’s not the home […]
Billionaires Vs. Poverty: Behind A Push To Use Data To Boost Economic Opportunity In Cities -- Inside Philanthropy
Some of the nation's wealthiest philanthropists have lately swung behind new work to make city economies more equitable and inclusive. We look at the latest initiative attracting big grant money.
Mcdonnell Investment Management To Integrate Into Loomis Sayles | Swfi - Sovereign Wealth Fund Institute
McDonnell Investment Management, LLC is being integrated into Loomis Sayles & Company, L.P. by the early part of 2019. Both asset managers are affiliates of Natixis Investment Managers. The cost saving measure will enable McDonnell clients opportunities to Loomis Sayles' resources and operational capabilities. McDonnell Investment Management manages US$ 11.7 billion in assets at September [...]
Investment Chief Resigning From $12B Hawaii Endowment
If you have not previously registered with a Euromoney group website please tick below so that we can keep you updated about Institutional Investor and other Euromoney group company products and services by: You can also visit our preference centre and make more specific selections based on your interests. Of course, you can unsubscribe at any time. If you have previously registered with a Euromoney group website and wish to update your marketing preferences, then please visit our preference centre to do so. The Kamehameha Schools system is searching for a new investment leader as Elizabeth Hokada prepares to retire.
Are Jared And Ivanka Good For The Jews? - The New York Times
Jared Kushner and Ivanka Trump in the Hall of Remembrance at Yad Vashem in Jerusalem in 2017.: Jewish communities stand more divided than ever on whether to embrace or denounce Jared Kushner and Ivanka Trump. On election night in Beverly Hills, Jason Blum, the hot shot horror-movie producer, was accepting an award at the Israel Film Festival. The polls in a string of midterm contests were closing, and Mr. Blum, a vocal critic of President Trump, was talking about how much was at stake.
London Real Estate | Brexit | London Penthouses
If you're looking to buy a penthouse in London, now is a good time. Factors such as Brexit and a strong supply of luxury apartments have turned London into a strong market for buyers, according to the Wall Street Journal. The uncertainties surrounding Brexit have deterred many people from wanting to buy property, and the city is still dealing with a glut of luxury homes from its real estate recovery, which started around 2010. As [...]
Emerge Raises $20M Seed Round
SCOTTSDALE, AZ, Emerge announced that they have raised $20 million dollars in a seed round.
Will There Ever Be Another Warren Buffett? | The Motley Fool Uk
Will anyone else generate returns that are comparable with those of the Sage of Omaha? : Warren Buffett's investment returns have been astounding. He has consistently beaten the S&P 500 over a long time period, and has been able to break his investing philosophy into simple terms in order to inspire a generation of value investors. While his achievements may seem to be something of a one-off, the reality is that another individual could replicate and even surpass his achievements.
Crescat's Hedge Funds Soar In October On Bets Of Chinese Collapse
Crescat Capital commentary for the month of October 2018, discussing the performance of Crescat's hedge funds. October was a frightening month for investors around the world. From Hong Kong to New York, stock markets were slammed by a wave of fears about slowing growth, trade wars, and higher interest rates. The Nasdaq took the brunt of the damage. Stocks like Amazon and Netflix both lost around one-fifth of their value as the Nasdaq Composite tumbled 9.2% in October. That's the biggest monthly drop for the Nasdaq since November 2008.
Defy Leads $9M Series A In Tax Advisory Visor
San Francisco-based Visor, provider of an online tech-enabled tax advisory service, announced it raised $9 million in Series A funding. Defy led the round, which included Unusual Ventures, SVB Capital and existing [...]