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February 11, 2021

Ludwig Institute For Cancer Research Celebrates Its 50th Anniversary | Xing Chen, President & Chief Investment Officer | Q&A

Xing Chen is the president and chief investment officer of LICR Fund, Inc., the endowment of Ludwig Institute for Cancer Research. LICR is an international research organization with a singular focus: preventing and controlling cancer. In this interview, he discussed how LICR developed their own institutional competitive edge; how they built one of the best performing hedge fund programs in their industry; and how the investment team is engaged in relentless pursuit of excellence in endowment investing.
Read by 79% of LPs 18 minutes ago

Nnpc Says It Loses 200,000 Barrels Of Oil Daily To Thieves, Seeks Military's Help - Businessday Ng

The Nigerian National Petroleum Corporation, (NNPC) has said it loses 200,000 barrels of crude oil daily to theft and vandalism and is calling for the military to protect oil and gas assets. Mele Kyari, group managing director of the NNPC said that though petroleum products theft on the System 2B Pipeline has reduced considerably due [...]
Read by 80% of LPs 48 minutes ago

How Candice Beaumont Became A Venture Industry Power Broker

Summary List PlacementIn 2014, Candice Beaumont got an opportunity to join one of most exclusive and private social networks in the world. She was nominated by the World Economic Forum to become a Young Global Leader, a rare accolade given to recognize the world's most distinguished and powerful people under age 40. The World Economic Forum (WEF) is the nonprofit best known for its four-day conference in Davos, Switzerland, where the world's most powerful people gather to discuss global issues.
Read by 64% of LPs 48 minutes ago

Hot New Photo-sharing App Dispo Raises $20M

Summary List PlacementThe hot app Dispo now has the valuation to back up the buzz. The photo-sharing app has reportedly raised $20 million at a $200 million valuation in a Series A funding round led by Spark Capital, as first reported by Axios's Kia Kokalitcheva. Dispo declined to comment. The funding confirms a report last week by Insider that the company was being "inundated" with term sheets for its Series A round and was seeking a valuation over $100 million.
Read by 38% of LPs 1 hour, 18 minutes ago

Outstanding Corp Bonds Could Rise To Rs 65-70l Cr By March 2025: Crisil - The Financial Express

Take-out financing facilitated by pooling of assets can help banks and other infrastructure financiers to free up a portion of the over Rs 20-lakh-crore credit outstanding in the sector for fresh lending to new projects, she added.
Read by 65% of LPs 1 hour, 18 minutes ago

Oak Hc/ft Closes On $1.4B To Invest In Fintech And Healthcare Startups - Techcrunch

Oak HC/FT general partners Annie Lamont, Andrew Adams and Tricia Kemp invested in healthcare and fintech before the two sectors were mainstream, and today, as a result of that early intuition and a handful of key exits, the trio has over a billion dollars in new fund money to show for it. The firm announced [...]
Read by 37% of LPs 1 hour, 18 minutes ago

Hyster-yale Materials Handling Announces Fourth Quarter And Full Year 2020 Results

CLEVELAND, Feb. 24, 2021 /PRNewswire/ -- Quarter Highlights: Q4 2020 consolidated revenues decreased 13.8% from Q4 2019 due to lower shipments resulting from the continuing effects of very low bookings during the peak period of the global pandemic shutdowns, as well as the pace of the...
Read by 49% of LPs 1 hour, 48 minutes ago

Lifespan, Care New England And Brown University Agree To Form An Academic Health System

Attempts to merge these health systems date back years, but up until now, the deal never went through. : After years of back and forth negotiations, the Providence Rhode Island-based health systems Lifespan and Care New England have signed a definitive agreement to merge and create an integrated academic health system with Brown University. The soon-to-be-formed health system will combine Lifespan's Rhode Island, Miriam, Hasbro, Newport and Bradley hospitals and Care New England's Women & Infants, Kent and Butler hospitals with Brown's Warren Alpert Medical School.
Read by 35% of LPs 2 hours, 18 minutes ago

Federal Judge Indefinitely Blocks Biden Administration's 100-day Deportation Moratorium

A federal judge on Tuesday indefinitely banned the Biden administration from enforcing a 100-day pause on deportations of most illegal immigrants in response to a lawsuit from Texas, which argued that the moratorium violated federal law and could saddle the state with additional costs. U.S. district judge Drew Tipton issued a preliminary injunction Tuesday, dealing a blow to President Biden's efforts to follow through on his campaign promise to pause most deportations. The pause would not have applied to those who have engaged in terrorism or espionage or who pose a danger to national security.
Read by 70% of LPs 2 hours, 38 minutes ago

Workiz Raises $13M In Series B Funding

SAN DIEGO, CA, Workiz has closed a $13 million Series B fundraising round led by New Era Capital Partners.
Read by 32% of LPs 2 hours, 38 minutes ago

Malta Raises $50M In Series B

CAMBRIDGE, MA, Malta, a pioneer in long-duration energy storage, has raised $50M in a Series B round of funding led by Proman.
Read by 47% of LPs