Psp Invests In Telecommunications, Cppib In Biopharmaceuticals
The Public Sector Pension Investment Board is entering a definitive agreement with Loral Space & Communications Inc. and Telesat Canada to combine the two telecommunications businesses into a new Canadian public company. The PSP will own a 36.7 per cent interest in New Telesat as a result of the merger, expected to close in the ...
The Skills Announces $5M Seed Round Led By Will Ventures And New Courses From Gold Medalist Michael Phelps And Fifa Player Of The Year Megan Rapinoe
LOS ANGELES--(BUSINESS WIRE)--The Skills, the only online education platform to focus exclusively on education taught by icons of professional sport, today announced a $5 million seed round and two new courses from World Champion and 23-time gold medalist Michael Phelps and two-time World Cup Champion and gold medalist Megan Rapinoe. Will Ventures led the investment round with participation from other investors including Global Founders Capital, 8VC, Maveron, Hack VC, and Correlation VC. The Sk.
Logistics Tech Leads A Booming Funding Week
As the year winds down to a close, the B2B FinTech startup community is heating up once again with one of the busiest weeks in funding the market has seen in some time. Investors targeted an array of B2B solution providers, including cross-border B2B trade management, supply chain optimization and enterprise digitization firms. But it [...]
Luminar Founder Austin Russell, 25, Is Billionaire After Ipo
The founder of a startup that helps cars drive themselves just became a billionaire -- and he's barely old enough to rent a car on his own. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company's stock market debut on Thursday. The Florida-based firm makes so-called lidar scanners that use lasers...
Gid Buys Tampa Bay Warehouse For $14M
The seller, a global manufacturer of syrups and sauces, will continue to occupy the 101,075-square-foot building. : Monin has closed the $14 million disposition of its 101,075-square-foot distribution center at Starkey Lakes Industrial Center in the Tampa Bay area, according to public records. GID acquired the property and will lease the building back to the syrup and sauce manufacturer. Located at 8585 126th Ave. N. in Largo, Fla., the property opened its doors in 2017, CommercialEdge data shows. The structure, along with two industrial developments from Harrod Properties, replaced an approximately 215,000-square-foot dated office building, which was demolished in 2016.
Rexford Industrial Acquires 18-building Industrial Portfolio For $154.6M
LOS ANGELES, Dec. 4, 2020 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today...
Stockbridge, Nps Close Blockbuster Deal
The joint venture's acquisition of a 14.3 million-square-foot portfolio of logistics facilities marks the largest transaction by value of industrial properties since the pandemic began.
Mobikwik Raises Rs 52 Cr From Ht Group, Kris Gopalakrishnan's Family Office | Business Standard News
Fintech firm MobiKwik on Friday said it has raised Rs 52 crore in funding, led by Hindustan Media Ventures. : Fintech firm MobiKwik on Friday said it has raised Rs 52 crore in funding, led by Hindustan Media Ventures, the investment arm of HT group. The funding round also saw participation from Infosys co-Founder Kris Gopalakrishnan's family office, Pratithi, a statement said. The fresh capital will be used for growth in all key business segments of the firm - digital credit and cards, consumer payments, and payment gateway, it added.
Surefire Capital Multi-strategy Hedge Fund Secures Top Preqin Ranking
SureFire Capital Multi-Strategy Hedge Fund secures top Preqin ranking Submitted 04/12/2020 - 9:12am SureFire Capital's SureFire Multi-Strat has secured a top ranking from global data provider Preqin. The multi-strategy fund was ranked No1 by Preqin as of 30 September, 2020 in four different Hedge Fund of Funds categories: Year-to-date 2020 net return, Cumulative 12-month and three-year annualised returns, and Sharpe Ratio. SureFire Capital's Investment Club, formed in 2016 with five members, now exceeds 1,100 family office and high net worth investors from multiple countries.
Cramer Says This Ev Startup Has The 'best Claim To Be The Son Of Tesla,' Gives Blessing To Buy Spac Stock
Jim Cramer has given his "blessing" for investors to buy shares of CIIG Merger Corp (NASDAQ: CIIC), the blank-check company merging with British electric vehicle company Arrival.
Apple, Tesla, Docusign And 12 Others In Morgan Stanley's 'secular Growth Stocks' Lineup For 2021
Morgan Stanley has released its "Secular Growth Stocks" list for 2021, as reported by CNBC on Wednesday. Analysts at the investment bank said it based the selection of stocks on criteria like sustainable competitive advantages, product cycles, market share gains, and pricing power that would drive strong growth. The stocks included in the list -- which features Apple Inc. (NASDAQ: AAPL) and Tesla Inc. (NASDAQ: TSLA) -- all have "reasonable valuations" and only stocks rated Overweight or Equal Weight by Morgan Stanley analysts are included, the report says, as per CNBC.