Amherst College, Mount Holyoke Eye Moving Endowment Managers To Big Cities
Amherst College is moving the staff that manages its $2.9 billion endowment to Boston at the request of its newly hired chief investment officer, according to a report. Mount Holyoke College nearby in South Hadley is hiring its first chief investment officer and considering establishing its investment management operation in either New York City or Boston.
Tesla Short-seller David Einhorn Calls On Elon Musk To Resign
A prominent hedge fund manager is calling on Tesla Chief Executive Elon Musk to resign following reports that the electric automaker's solar panels have been catching fire. Greenlight Capital's David Einhorn, a short-seller who has publicly sparred with Musk in the past, tweeted his comments Friday morning in the wake of Walmart suing Tesla, claiming...
Shale Markets, Llc / Stabilis Energy Enters Deals To Expand Lng, Cng Presence In Mexico
By LNG World News Stabilis Energy has made two strategic transactions to expand its presence in the LNG and CNG markets in Mexico. Read Full Article Here For more great articles: LNG World News.
Avenue Capital Group Acquires Stake In Castlehaven Finance
LONDON, Aug. 23, 2019 /PRNewswire/ -- Avenue Capital Group, a global investment firm, has agreed to acquire the entirety of Pollen Street Capital's interest in the Irish development and bridging finance lending platform, Castlehaven Finance, for an amount in excess of EUR250 million. The...
Never Mind Brexit. Peppa Pig And British Pubs Are Attracting Buyers. - The New York Times
As the British economy contracts, overseas businesses and investors are still looking to make deals. : Britain's negotiations to leave the European Union appear stuck. Businesses have loudly complained about post-Brexit uncertainty. The British economy is shrinking. And yet, businesses and investors from around the world are still lining up to spend billions on major London-listed assets. In the last week, Greene King, a large British brewer that owns 2,700 pubs, was picked up for more than $5.5 billion, and the company behind Peppa Pig, the children's TV character who enjoys her muddy puddles, attracted $4 billion.
Who Is Markopolos's Mystery Ge Short Seller? No One Is Talking
When Harry Markopolos dropped his bombshell report skewering General Electric Co., he revealed that he was working with a short seller to profit from the stock's decline. More than a week later, that firm's identity remains a mystery. Markopolos has offered few details about his partner, saying only that it's a midsize hedge fund based on the East Coast -- and one not normally known for shorting. "I promised confidentiality," the accounting examiner said on CNBC. Off-the-record conversations with a number of players in the short-seller community haven't turned up much intel either.
Molecula Raises $6M Seed Round
AUSTIN, TX, Molecula today announced that they have closed an oversubscribed $6 million seed round.
Cloudflare Ipo: 5 Things To Know About The Cloud-network Platform
Cloudflare Inc. is looking to be the next big tech company to go public, and investors who climbed on board a decade ago stand to reap huge rewards.
David Koch's Nephew In Line To Take His Spot, Shift Away From Politics
Chase Koch, nephew of David, is next in line for the Koch network and family fortune. He isn't as focused on conservative politics as his family is.
Hawaiian Electric Seeks Bids For 900mw Of 'dispatchable Renewables,' Storage And Grid Services
On Thursday, Hawaiian Electric issued a long-awaited request for proposals for about 900 megawatts of renewable energy and energy storage projects. It's the utility's second major round of contracts in the past year seeking to marry variable solar and wind power with the capacity and flexibility of batteries. But the Variable Renewable Dispatchable Generation and Energy Storage RFPs that opened on Thursday are a bit more complicated than their headline figures -- seeking "technologies equal to 594 megawatts of solar for Oahu, 135 megawatts for Maui and up to 203 megawatts for Hawaii Island" -- might indicate.
Avenue Capital Group Acquires Stake In Castlehaven Finance
LONDON, Aug. 23, 2019 /PRNewswire/ -- Avenue Capital Group, a global investment firm, has agreed to acquire the entirety of Pollen Street Capital's interest in the Irish development and bridging finance lending platform, Castlehaven Finance, for an amount in excess of EUR250 million. The transaction will result in Pollen Street Capital, the independent alternative asset investment management company, exiting its investment in Castlehaven Finance, which it has held through its credit lending arms, P2P Global Investments PLC and Honeycomb Investment Trust PLC.