Once dominant, hedge funds have struggled since the crisis, although there are notable exceptions. : Hedge funds are alternative investments. Just like mutual funds, they use pooled capital to make investments in liquid assets. Hedge fund managers typically identify market opportunities to generate returns for their investors using highly aggressive investment strategies. This makes these funds far riskier than mutual funds and other traditional investment vehicles. Their significant minimum investment levels and outrageous fees weed out all but the wealthiest clientele. This means they're only open to accredited investors, including institutional investors and those with a high net worth.
A woman hugs a girl as they cry during a vigil for the victims of the mass shooting at Robb Elementary School in Uvalde, Texas, on May 25. | Chandan Khanna/AFP via Getty Images US public policy is a disaster on guns -- and so much more. In ways big and small -- in schools, in homes, in every facet of life -- the United States fails to protect and support its children.
Carisma Therapeutics To Present Latest Data From Phase 1 Clinical Trial Of Engineered Macrophage Therapy At 2022 Asco Annual Meeting
PHILADELPHIA, May 26, 2022 /PRNewswire/ -- Carisma Therapeutics Inc., a clinical stage biopharmaceutical company focused on discovering and developing innovative immunotherapies, announced two presentations including findings of its lead candidate, CT-0508, accepted for presentation at...
Boom Times Are Over: Venture Capital Firms Advise Portfolio Companies On Navigating The Downturn - Geekwire
Extend your cash runway. Do more with less. And get ready for the boom times to be over. Those are common threads embedded inside warning memos that venture capital firms are sending to their portfolio companies amid an uncertain macroeconomic environment and public market decline. With ongoing inflation, geopolitical conflict, and other headwinds affecting businesses across industries and borders, tech companies are already starting to lay off workers and slow hiring. Investors are also hitting the brakes after plowing a record amount of capital into startups.
On May 20, 2022, Blackstone Credit purchased EIG's 49% ownership interest in Elba Liquefaction Company, L.L.C. (ELC), a joint venture entity of the Elba Island LNG facility. Kinder Morgan, Inc. (NYSE: KMI) will remain as the operator and retain its 51% ownership of ELC. ELC is an liquified natural gas (LNG) liquefaction facility located near...
New Study Maps Financial Ownership Of Over $1T Of The Fossil Fuel Industry's Projected 'stranded Asset' Loss
Driven by technological, societal and political change, renewable energy technologies are progressively replacing fossil fuels. : Driven by technological, societal and political change, renewable energy technologies are progressively replacing fossil fuels. Under an expectation that governments will fulfill their net-zero emissions pledges, these changes will accelerate, with the consequence that current oil and gas assets may be overvalued by more than $1 trillion, a figure that exceeds the subprime housing mispricing that triggered the 2007-2008 financial crisis.
A 19th-century former cigar factory in Astoria and an office and retail building steps from Union Square were among seven investment properties that traded hands in New York City for between $10 million and $40 million last week. Five of the deals hitting city records last week were in Manhattan, while one each were in Queens and the Bronx. An entity tied to real estate investor Bruce Brickman's firm sold the 100,000-square-foot former DeNobili cigar The post Astoria cigar factory converted to offices highlighted NYC i-sales last week appeared first on The Real Deal New York.
Cranson Capital Securities Announces The Launch Of A $50M Offering For The Cranson Capital Real Estate Development Fund
TORONTO, May 26, 2022 /CNW/ - Cranson Capital Securities Inc. is pleased to announce the launch of its latest investment offering of $50 million for the Cranson Capital Real Estate Development Fund (the "Fund"). The capital raised will be invested in a diverse portfolio of real estate development projects including high-rise, mid-rise and low-rise residential buildings, as well as land entitlement and rezoning opportunities across Ontario. Ontario is projected to grow by over 2 million residents over the next ten years, causing an increase in the demand for new homes across the province.
NEW YORK, May 26, 2022 /PRNewswire/ -- Lument announced that it closed a $13.5 million proprietary bridge loan to facilitate the refinance of two multifamily communities consisting of 118 total units in Detroit, Michigan. James Kelly, director with Lument in Atlanta, led the transaction. The sponsor is Greatwater Opportunity Capital, a real estate private equity investment manager and development firm focused on Detroit and other emerging urban markets. Greatwater has deployed over $150 million of equity into Detroit neighborhoods, many of which are designated opportunity zones. ...Full story available on Benzinga.com.
In most real estate rooms, Tishman Speyer is the 800-pound-gorilla. But Rob Speyer wants it to be the most nimble gorilla, one that can constantly reposition its 90 million-square-foot portfolio in response to the trends driving the world today. Speyer insists that the company isn't in the business of catering to tenants, so much so that he's banned use of the T word at the firm, believing it connotes a "feudal" approach to real estate. The post Rob Speyer on the long arc of megadevelopment, New York's renaissance and proptech bets appeared first on The Real Deal New York.