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businessinsider.com May 20, 2019

Bill Gates' Book Recommendations For This Summer

Microsoft co-founder and philanthropist Bill Gates talks with a colleague before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S. May 6, 2017.
Read by 34% of LPs

therealdeal.com 12 minutes ago

Blue Buffalo | North Palm Beach Real Estate | Lost Tree Club

It looks like William Bishop found himself a nice treat after he sold his Blue Buffalo pet food company to General Mills for $8 billion last year. The trust of the founder and former CEO of the Connecticut-based company paid $6.4 million for a home in North Palm Beach, property records show. Phyllis Palmer sold the 4,345-square-foot home at 11656 Lake House Court to Bishop for $1,472 per square foot. Records show Palmer initially purchased ... [more]
Read by 40% of LPs

prnewswire.com 42 minutes ago

Cbd Market Growth Larger Than Expected Multi-billion Dollar Industry

PALM BEACH, Florida, May 21, 2019 /PRNewswire/ -- A recent industry report on the future of the CBD market, had higher than expected revenue figures than expected. An article focusing on northeastern U.S said: "Other owners of tens of thousands of acres of preserved agricultural land are...
Read by 64% of LPs

straitstimes.com 1 hour, 12 minutes ago

Singapore Commercial Property Investment Jumps 72%, Property News & Top Stories - The Straits Times

May 22, 2019 5:00 AMSingapore's commercial property sector escaped the downturn that caught out every other major market in the region in the first quarter.
Read by 40% of LPs

pymnts.com 1 hour, 42 minutes ago

Ai

An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of the biggest-name investors around, according to a report by TechCrunch. The funding round was led by ICONIQ Capital, a VC that includes the office of Mark and Priscilla Zuckerberg, as well as Andreessen [...]
Read by 39% of LPs

law.com 1 hour, 42 minutes ago

Aba's Tougher Bar Pass Rule For Law Schools Applauded, Derided | Daily Business Review

The American Bar Association's new standard could increase pressure on jurisdictions like California with high cut scores to lower that threshold. It could also add momentum to the burgeoning movement to overhaul the bar exam itself.
Read by 31% of LPs

bloomberg.com 1 hour, 52 minutes ago

Hedge Funds Are Behaving Like We Just Had A Financial Crisis

Hedge funds haven't been chasing the January rebound in U.S. equities on the heels of their worst year since 2011. According to Macro Risk Advisors, these big-money managers are acting much more like it's the aftermath of the 2008 financial crisis than the relatively low-volatility environment that's dominated for most of the past five years. The combination of hedge fund's implied equity exposure to the S&P 500 Index and associated trends in the options on that benchmark gauge reveals the extent of their risk aversion.
Read by 42% of LPs

bloomberg.com 1 hour, 52 minutes ago

The New Hedge Fund Manager Flies Economy And Stays In Hostels

Brant Rubin started a hedge fund last year only to find it wasn't the easy path to riches it used to be. He'd quit his job buying into European internet companies for London's Luxor Capital in 2017 to set up his own shop and raised almost $50 million from family, friends and a couple of former clients. Then, reality struck. The fundraising didn't cover his overhead and his corner of the market was falling out of favor with the forces he had to answer to: potential customers and European financial watchdogs imposing onerous new rules.
Read by 37% of LPs

bloomberg.com 1 hour, 52 minutes ago

Hedge Funds Turn To Private Capital Playbook In Search Of Assets

Hedge funds are trying on new stripes as the industry's traditional investing style loses its luster. Dan Sundheim likes private equity. Tom Wagner seeks a drawdown fund. Steve Cohen eyes venture capital. "Hedge funds are increasing their breadth of offerings, such as adding venture funds, private credit and illiquid strategies with longer lockups," said Joseph Gasparro, who helps hedge funds build capital as head of Americas capital services content at Credit Suisse Group AG.
Read by 71% of LPs

nypost.com 1 hour, 52 minutes ago

Hedge Funds Up 7 Percent In 2019 But Struggling Overall

Hedge funds are gaining steadily this year but still lagging well behind the broader market. The $3.2 trillion industry gained 7 percent through April, when the S&P 500 popped 17.5 percent, according to data released Tuesday by Preqin. While hedgies like to blast comparisons between hedge fund performance and the S&P 500, Preqin's data shows...
Read by 69% of LPs

prnewswire.com 2 hours, 12 minutes ago

Naturally Slim Partners With Global Private Equity Firm, The Riverside Company, To Impact Even More Lives

DALLAS, May 21, 2019 /PRNewswire/ -- Naturally Slim(r) today announced a major capital investment from The Riverside Company designed to help the Company measurably improve the health and quality of life of millions of Americans. For the past 15 years, Naturally Slim--the nation's leading...
Read by 58% of LPs