Daniel Loeb Buys Peter Fine’s Miami Beach Spec Home
Spec home developer Peter Fine sold a Miami Beach mansion to billionaire hedge fund manager Dan Loeb for $20 million, The Real Deal has learned. Fine’s 6440 NBR LLC sold the six-bedroom, 13,386-square-foot home at 6440 North Bay Road to a Delaware entity named after the address. Sources confirmed the buyer is Loeb, founder and CEO of Third Point, a New York-based hedge fund. Loeb is worth about $3 billion, according to Forbes. He founded
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Bitcoin's Inefficiencies Are Creating Arbitrage Trades For Crypto Hedge Funds - Crypto Bollyinside
As much more hedge money pile into cryptocurrencies, current market inefficiencies and selling price dispersion are bringing clean arbitrage prospects for supervisors. Bitcoin's sustained rally above the previous yr saw the cryptocurrency roar to a file higher of more than USD41,000 in early 2021, with quite a few investors ever more applying it as a hedge in opposition to slipping genuine yields and inflation hazards stemming from central lender quantitative easing.
Champion Sells Suburban Nashville Community For $24M
The new owner received a 10-year, $14.3 million acquisition loan from Nationwide Life Insurance Co.: Champion Real Estate Co. has completed the $23.8 million disposition of Village Green Hills, an 83-unit community in Nashville, Tenn. A private investor acquired the property, according to Davidson County records. Nationwide Life Insurance Co. originated a $14.3 million acquisition financing package which matures in February 2031. The asset last changed hands in April 2016, when Champion acquired it from a private investor for $22.5 million, Yardi Matrix shows. CBRE provided a 10-year, $14.7 million Fannie Mae loan for that purchase.
K Health Raises $132M To Launch Ai-powered Telemedical Pediatric Service | Venturebeat
K Health, a telemedical service using AI to diagnose and treat illnesses, has raised $132 million in venture capital. : Learn how small businesses are improving customer experience, accelerating quote-to-cash, and increasing security. New York City-based K Health today closed a $132 million series E funding round led by GGV Capital and Valor Equity Partners, bringing the company's total raised to date to over $271 million. In conjunction with the round's closure, K Health launched K for Parents, a program offering parents access to a pediatrician to remotely diagnose and treat children ages 3 to 17.
Active-management Alpha Now Key To Hedge Funds' Success, As Economies Emerge From Covid Slump
K2 Advisors, the hedge fund investing unit of Franklin Templeton, says active-management alpha will be critical to hedge funds' success this year, as the global economy mounts a tentative recovery from the coronavirus pandemic. Brooks Ritchey and Robert Christian, co-heads of investment research and management at K2, said the Covid-driven economic slowdown appears to be nearing an end, as individuals and corporations have been able to weather the economic storm partly due to "enormous stimulus" from governments. But they warned that vaccination challenges, virus mutations, subsequent waves of new infections, and renewed lockdowns could derail the recovery.
Worldline Partners With Gold Global Sa To Launch The "davinci Gold" Token - The Physical Gold Purchasing Solution Is Based On Worldline's New Stablecoins Infrastructure
Worldline [Euronext: WLN], the European market leader in payment and transactional services, has announced a strategic co-operation with Gold Global Currency Corp. SA ("Gold Global"), to offer the DaVinci Gold token based on Worldline's stablecoins management infrastructure. This initiative further expands the capability of Worldline's Digital Asset Management (DAM) platform and will assist towards fulfilling the company's goals to be in the forefront of stablecoins and Blockchain technology.
The Road, Rail And Port Investments Needed To Boost Economy Of North Wales And Border Regions
Growth Track 360 partnership and MPs across the regions have submitted proposals to the Union Connectivity Review. : Growth Track 360 partnership and MPs across the regions have submitted proposals to the Union Connectivity Review THE road, rail and port investment wish-list needed to boost North Wales and the border counties has been submitted to the UK Government's Union Connectivity Review. The review led by Sir Peter Hendy is looking at how infrastructure investment can help 'level-up' the UK.
L&g Fund In New Ownership Deal For 120,000 Sq Ft Cardiff Office Scheme
Its Limited Price Inflation Fund will acquire the investment in the office element of the PS140m Interchange scheme. : Its Limited Price Inflation Fund will acquire the investment in the office element of the PS140m Interchange scheme A new ownership deal for 120,000 sq ft of under construction office space in the centre of Cardiff has been agreed.
Bitcoin's Inefficiencies Are Creating Arbitrage Trades For Crypto Hedge Funds
Bitcoin's inefficiencies are creating arbitrage trades for crypto hedge funds Submitted By Hugh Leask | 19/01/2021 - 9:15am As more hedge funds pile into cryptocurrencies, market inefficiencies and price dispersion are bringing fresh arbitrage opportunities for managers. Bitcoin's sustained rally over the past year saw the cryptocurrency roar to a record high of more than USD41,000 in early 2021, with many investors increasingly using it as a hedge against falling real yields and inflation risks stemming from central bank quantitative easing.
Hrtech Darwinbox Raises $15 Mn Funding From Salesforce Ventures
HRtech startup Darwinbox has raised $15 Mn funding led by Salesforce Ventures, the investment arm of global SaaS giant Salesforce,...
Middle Eastern Sovereign Wealth Funds Went Big For America In 2020
In most cases, global SWFs have always taking a liking to parking mounds of capital in the United States; however, Gulf sovereign wealth funds have varied their direct investments over time periods. Despite prolonged low oil prices and coronavirus lockdowns, Middle Eastern sovereign wealth funds have found tremendous opportunity in the United States time and [...]