India's Kotak Investment Advisors Launches Fund Of Funds
The FoF will invest in private equity and venture capital funds, coupled with direct investments into companies.
Andreessen Horowitz Seeks To Manage Fortunes Of Tech Founders
Andreessen Horowitz, the venture firm that was an early investor in Twitter, Meta's Facebook and Airbnb, is now looking to manage the fortunes of the startup founders it helps make rich. The firm, nicknamed a16z, hired Michel Del Buono as chief investment officer for the new business that will provide a range of wealth-management services to a16z partners and the executives of its portfolio companies, according to people with knowledge of the plans. Del Buono most recently was the CIO at Jordan Park Group, which oversaw $17.6 billion on behalf of high-net-worth clients as of December.
Diishan Imira And Beauty Platform Mayvenn Raise $40M Growth Capital, Will Expand Walmart Partnership
Mayvenn, a Black-owned beauty, and tech firm, has raised $40 million in a Series C funding round. The company, co-founded by CEO Diishan Imira in 2012, plans to use the funding to expand its partnership with Walmart. With the Mayvenn platform, stylists can earn money by selling beauty products. The platform also offers salon services [...] The post Diishan Imira And Beauty Platform Mayvenn Raise $40M Growth Capital, Will Expand Walmart Partnership appeared first on Moguldom.
Energy Investors Face Mexico Risks In The Electricity And Lithium Sectors | White & Case Llp
Investors in the Mexican energy sector are facing evolving challenges, as the Mexican government is making good on threats to increase state interference in the sector through the implementation of changes in electricity sector law and announcing the nationalization of the lithium mining industry....By: White & Case LLP.
Upslope Capital's Q2 2022 Investor Letter
Upslope's objective is to deliver attractive, equity-like returns with significantly reduced market risk and low correlation versus traditional equity strategies. Volatility from Q1 continued and intensified in Q2, making for another relatively favorable environment for Upslope's approach. Note: clients should always check individual statements for returns, which may vary due to timing and other factors. Bargains have begun to emerge, but investors need to be pickier than usual - despite a market -20% YTD. Not everything is on sale and the macro environment is packed with landmines.
Illuminate Financial Secures Strategic Investment From Citi
Illuminate Financial, the thesis-driven venture capital investor dedicated to early-stage FinTech and enterprise software companies, today announced a strategic relationship with Citi. Citi joins existing investors Jefferies, J.P. Morgan, Deutsche Borse Group and S&P Global as a limited partner in Illuminate Financial's venture capital strategy. Together, this investor group represents a unique combination of global financial institutions, which will further extend Illuminate Financial's deep domain expertise and industry network. To date, Citi has co-invested in eight of Illuminate's portfolio companies - Arteria AI, TransFicc, CloudMargin, Privitar, Genesis Global, Talos, Cosaic and Blockdaemon.
Associated Capital Stock: Lots Of Free Embedded Options (nyse:ac)
Associated Capital Group (NYSE:AC) is an opportunity to invest alongside Mario Gabelli, who owns ~85% of the company, at 92 cents on the dollar. The current price gives no value to the growing merger arbitrage hedge fund inside AC, the company's own investments that should compound over time, or the free optionality on all of AC's future ventures and products. The company understands that there is a gap between price and value and has been slowly buying back stock.
Black-owned Beauty And Tech Company Mayvenn Raises $40M In Series C Funding Round; Plans To Use Capital To Expand Partnership With Walmart
The funding round was led by Chicago-based venture fund Cleveland Avenue and participation from a 16z, Goldman Sachs Asset Management.
Blueprint Capital Advisors Embarks On Growth Plan And Expands Into Commercial Real Estate Lending
PARTNERS WITH REAL ESTATE INVESTMENT AND OPERATIONS FIRM T30 CAPITAL Strategic Partnership will Target Senior Bridge Lending Opportunities Along Northeast Corridor with "Open Door Sourcing" for MWBE Sponsors NEW YORK, June 21, 2022 /PRNewswire/ -- T30 Capital LLC ("T30") today announced that it has formed a strategic partnership with Blueprint Capital Advisors LLC ("Blueprint") to scale its commercial real estate lending activities and increase its social impact. Blueprint is a $1.4 billion registered investment advisor focused on fund and direct investments in alternative credit. T30 is a vertically integrated, multi-strategy institutional real estate investment and operations platform.
Blueprint Capital Advisors Embarks On Growth Plan And Expands Into Commercial Real Estate Lending
PARTNERS WITH REAL ESTATE INVESTMENT AND OPERATIONS FIRM T30 CAPITAL Strategic Partnership will Target Senior Bridge Lending Opportunities Along Northeast Corridor with "Open Door Sourcing" for MWBE Sponsors NEW YORK, June 21, 2022 /PRNewswire/ -- T30 Capital LLC ("T30") today announced...