International financial assets of Indian residents increased by $73.9 billion due to the rise in reserve assets and overseas direct investment by $64.9 billion and $13.0 billion, respectively, though other investments declined marginally during the year, the RBI said in a release.
In a Q&A, Rory Mackey, says India's long-drawn litigious process could impact one of its key infra assets and doesn't set a good precedent for the country as the preferred FDI.
The Twenty Minute Vc: Venture Capital | Startup Funding | The Pitch: 20vc: How Fundraising For Funds Has Changed In The World Of Covid, The Benefits Of Managers Selling Part Of Their Gp & How To Think Through Your "minimum Viable Fund Size" With Lo Toney, Founding Managing Partner @ Plexo Capital
Lo Toney is the Founding Managing Partner @ Plexo Capital, a very unique firm making both direct investments and fund investments. They have invested in Precursor, Boldstart, Female Founders Fund and WorkBench on the fund side and then PlayVS, Replicated and StyleSeat on the direct side. Prior to Plexo, Lo was a Partner @ GV (Google Ventures) and before that was a Partner with Comcast Ventures where he led the Catalyst Fund. Before venture Lo was an operator enjoying exec roles at Zynga, Nike and eBay. In Today's Episode You Will Learn: 1.)
"Like-kind" exchanges may permit clients to defer capital gains taxes. : The forecast for real estate is highly uncertain in the COVID-19 era, with many experts expecting dramatic change in commercial, residential and industrial markets. However, this much is clear: the portfolios of many older Americans contain a respectable amount of investment real estate, and it's something advisors need to consider as they help clients pivot their holdings toward an appropriate asset mix for retirement.
The Trump administration sets up a private equity trap for unwary 401k investors. : Ever on the lookout for new money-making opportunities for the average American, the Trump administration earlier this month cleared the way for 401(k) plans and similar individual accounts to invest in private equity funds.
- Advancing medicines to transform the lives of patients with life-limiting diseases of the nervous system SAN DIEGO, June 18, 2020-- Engrail Therapeutics(tm) (Engrail) (the Company) today announced the close of a $32 million Series A financing round. Nan Fung Life Sciences (NFLS), the global investment platform of the Nan Fung Group, led the round. The Company plans to use the proceeds from the financing to support the clinical development of its first pipeline asset, ENX-101, a sub-type selective GABA A modulator. "Neuroscience is making massive strides.
Foreign Direct Investment (FDI) into Nigeria, Africa's most populous nation, declined by 48.2 percent to $3.3 billion in 2019 from $6.4 billion in 2018, according to the United Nations Conference on Trade and Development (UNCTAD). According to the report, FDI flows to Nigeria declined due to a slowdown in investment in the oil and gas [...]
BOSTON, June 3, 2020-- MassMutual Ventures (MMV) announced today that it has launched a third $100 million venture capital fund to continue its successful strategy of investing in early- and growth-stage companies in the financial technology, cybersecurity, enterprise software, and digital health sectors. With this new fund, the Boston-based team will manage a total of $300 million on behalf of the fund's parent company, Massachusetts Mutual Life Insurance Company (MassMutual) and have the ability to back an additional 15 to 20 companies in North America, Europe and Israel.
Manulife has promoted Liam Coppinger to senior MD of private equity at Manulife Investment Management. The post People Digest: CIMB appoints Group CEO; Manulife promotes Asia PE head appeared first on DealStreetAsia.
Foreign investment into Nigeria's oil and gas is still in its lowest ebb as inflow hit a low of $10.09 million in first-quarter 2020 which is still a sharp decline compared to $327.30 million recorded in Q4 2016. Despite running an economy mostly dependent on crude oil earnings, figures obtained from public data agency National [...]