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Toshiba: Japan State-backed Funds Consider Offer For Toshiba: Report, Telecom News, Et Telecom

Private equity fund CVC Capital Partners, which has already made a preliminary offer for Toshiba, may join the bid to take the conglomerate private, but the Japanese funds would lead the offer, the newspaper said.
Read by 49% of LPs 19 minutes ago

Investor Ron Conway Calls Coinbase The Google Of The "crypto Economy"

Summary List PlacementAccording to legendary investor Ron Conway, known as the "Godfather of Silicon Valley," crypto startups are on the cusp of a breakthrough that will be just as transformative as the dot-com boom of the late '90s. In his view, that's largely thanks to Coinbase, which went public on Wednesday and ended its debut market session valued at $86 billion. Conway, who was an early investor in Coinbase, called the cryptocurrency exchange the "Google for the crypto economy" in an interview with CNBC on Wednesday.
Read by 39% of LPs 19 minutes ago

Bsr Reit Announces April 2021 Cash Distribution

LITTLE ROCK, Ark. and TORONTO, April 15, 2021 /CNW/ - BSR Real Estate Investment Trust (the "REIT") (TSX:HOM) (TSX:HOM) today announced a cash distribution of US$0.0417 per REIT unit for the month of April 2021, representing US$0.50 per REIT unit on an annualized basis. Payment will be made on May 17, 2021 to unitholders of record as at April 30, 2021. About BSR Real Estate Investment TrustBSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
Read by 73% of LPs 19 minutes ago

Hilco Real Estate Announces The Bid Deadline For A 9,000+- Sf Flex Office/warehouse Condo Unit Near Cleveland, Oh

NORTHBROOK, Ill., April 15, 2021 /PRNewswire/ -- Hilco Real Estate LLC announces the bid deadline of Thursday, May 27 for four condominium units that have been combined into a well-maintained office/warehouse flex space totaling 9,030+- square feet. Built within the Bentley Park Condominiums office complex in 1997, the versatile property sits just off the intersection of U.S. Route 422 and Ohio Route 91, offering easy access to the greater Cleveland area. Located at 29500 Aurora Road in Solon, Ohio, the property is situated on a 5.31+- acre lot with access from both Aurora Road and Cochran Road.
Read by 66% of LPs 19 minutes ago

Brevan Howard's Main Hedge Fund To Start Buying Cryptocurrencies

Brevan Howard Asset Management is preparing to start investing in digital assets, becoming the latest money manager looking to exploit the boom in cryptocurrencies. The firm led by Aron Landy will begin by investing up to 1.5% of its $5.6 billion main hedge fund in digital assets, according to a person with knowledge of the matter. The initial allocation will be overseen by Johnny Steindorff and Tucker Waterman, co-founders of crypto investment firm Distributed Global, the person said, asking not to be identified because the information is private. A spokesman for Jersey-based Brevan Howard declined to comment.
Read by 77% of LPs 24 minutes ago

Bernard Madoff, Mastermind Of Giant Ponzi Scheme, Dies At 82

Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than $19 billion in history's largest Ponzi scheme, has died. He was 82. His death, "believed to be from natural causes," was reported by the Associated Press. Madoff's home since July 2009 was the Butner Federal Correctional Complex in Butner, North Carolina, where he was serving a 150-year term. He requested compassionate early release, citing end-stage kidney disease, in February 2020.
Read by 46% of LPs 24 minutes ago

True North Commercial Reit Announces April 2021 Distribution

/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 15, 2021 /CNW/ - True North Commercial Real Estate Investment Trust (TSX:TNT) (the "REIT") today announced its April 2021 monthly cash distribution in the amount of $0.0495 per trust unit ("Unit"), payable on May 17, 2021 to holders of Units of record at April 30, 2021. Eligible investors registered in the DRIP will have their monthly cash distributions used ...Full story available on
Read by 42% of LPs 24 minutes ago

Journalism's Gates Keepers - Columbia Journalism Review

Last August, NPR profiled a Harvard-led experiment to help low-income families find housing in wealthier neighborhoods, giving their children access to better schools and an opportunity to "break the cycle of poverty." According to researchers cited in the article, these children could see $183,000 greater earnings over their lifetimes--a striking forecast for a housing program still in its experimental stage. If you squint as you read the story, you'll notice that every quoted expert is connected to the Bill & Melinda Gates Foundation, which helps fund the project.
Read by 48% of LPs 24 minutes ago

Chinese Hedge Fund Jumps 258% After Dumping Ray Dalio's Strategy

Shanghai hedge fund manager Li Bei says she learned quickly that the low-volatility approach to investing behind the rise of Bridgewater Associates was doomed in China for a startup like hers. Steady returns did little to draw investors used to short-term rewards, so she put in her own money, cranked up leverage and produced an industry-leading 258% gain last year. Li is a pioneer in macro hedge fund management in China, where homegrown firms are taking on foreign giants that are struggling to adapt in an industry where even low-fee mutual funds generate sizable returns.
Read by 80% of LPs 24 minutes ago

Footwork, New Vc Firm From Investor Nikhil Basu Trivedi And Former Stitch Fix Executive Mike Smith, Launches With $175M

Investor Nikhil Basu Trivedi and former Stitch Fix president Mike Smith have a new venture capital firm focused on early-stage consumer and "consumerized" enterprise software startups, with an eye toward under-represented founders.
Read by 68% of LPs 54 minutes ago

'largest Ever' Infrastructure Investment Inaugurated In Marsa

Prime Minister Robert Abela on Thursday inaugurated the Marisa flyover project, describing it as the largest ever infrastructure investment in Malta. Abela said the EUR70 million, seven-lane flyover was the result of an ambitious plan the government has for the country. He vowed that Malta would be ready to start competing again in the global market once the COVID-19 pandemic was over. Abela said infrastructure projects such as this were vital for Malta's competitive edge. The Prime Minister emphasised how the government had forged ahead with such projects despite the pandemic.
Read by 74% of LPs