Emerging markets hedge funds have posted industry-leading mid-year results amidst ongoing market volatility. Total emerging market hedge fund capital reached the record level of $239.3 billion (EUR216 billion) by the end of the second quarter, according to a report by Chicago-based Hedge Fund Research (HFR). Strong advances were made across all emerging markets regions despite rising trade tariff tensions, the falling Chinese renminbi, growing unrest in Hong Kong, interest rate cuts by the Fed and other central banks, as well as geopolitical friction in areas such as the Middle East.
Windfall Raises $9M To Build The World's Most Complete And Accurate Source Of Consumer Financial Data
SAN FRANCISCO, Aug. 22, 2019 /PRNewswire/ -- Windfall Data Inc ("Windfall"), a company that determines the net worth of global households, announced that it raised $9 million in venture funding. The round was led by Bullpen Capital with Bonfire Ventures, Industry Ventures, TenOneTen...
Tibit Completes $25M Series B Funding Led By Intel Capital With Participation From New Investors Swisscom And Aju Ib Investment
PETALUMA, Calif., Aug 22, 2019 /PRNewswire/ -- Tibit Communications, Inc., a Petaluma, CA based start-up developing next-generation access devices for Passive Optical Networking (PON), announces the completion of the Series B funding led by Intel Capital and including two new investors -...
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management, today announced the closing of a consumer credit asset-backed security (ABS) at $115 million. Led by structuring agent Cantor Fitzgerald, the ABS will be actively managed by Pagaya's AI. This transaction is Pagaya's largest to-date and the third in just six months, bringing Pagaya's total assets under management to over $750 million. Pagaya.
NEW YORK, Aug. 22, 2019 /PRNewswire/ -- Industrious, the largest premium flexible workspace provider in the U.S., today announced that it has closed an $80 million Series D funding round focused on strategic landlord partners. The round accelerates Industrious's industry-first evolution...
(Kitco News) - One of the best-performing hedge funds just made gold its top holding as it increased its investment in SPDR Gold Trust by 180%, totaling $38 million by the end of Q2, according to the latest regulatory filings. Sandler Capital Management is known as one of the top performers this year after nearly doubling the year-to-date gains for the S&P 500, reported CNBC, citing Symmetric.io -- a hedge-fund tracking firm. This could be a sign that the hedge fund sees more market volatility ahead as recession fears take the center stage again.
Venafi Survey: Government-mandated Encryption Backdoors Will Weaken Election Infrastructure | Business Wire
SALT LAKE CITY--(BUSINESS WIRE)--#Backdoors--Venafi survey evaluated the opinions of 384 IT security professionals attending Black Hat USA 2019.: 74% of security professionals believe countries with government-mandated encryption backdoors are more susceptible to nation-state attacks SALT LAKE CITY--(BUSINESS WIRE)--Venafi(r), the leading provider and inventor of machine identity protection, today announced the results of a survey on government-mandated encryption backdoors. The survey evaluated the opinions of 384 IT security professionals attending Black Hat USA 2019. According to the survey results, 80 percent of the respondents say countries with government-mandated encryption backdoors are more vulnerable to cyberattacks targeting election infrastructure.
China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May.
Groundfloor Launches "split Loans," Allowing Non-accredited Investors To Access Structured Real Estate Investments For The First Time Ever | Benzinga
ATLANTA, Aug. 22, 2019 /PRNewswire/ -- GROUNDFLOOR, an investing and lending platform that allows anyone to participate directly in real estate investments on a fractionalized basis, today announced another industry first. Through its new "Split Loans" offering, the wealthtech company is allowing non-accredited and accredited investors alike to control their exposure to risk and reward in a way that was formerly only available to accredited investors and institutions. As the name suggests, GROUNDFLOOR will now be able to split larger real estate loans to create multiple positions in the same project for investors to consider.