Leaders of $100 million family businesses say they and Britain are conditionally better off in the European Union in the week of the controversial referendum. An overwhelming 75% of principal owners, chief executives and trusted advisers said the United Kingdom should stay in the EU, in our exclusive survey of the global Campden Wealth community. "A strong united EU is needed for world peace," a Remain-voting, Europe based principal of a $500 million to $1 bilion family business said.
Startups snagged SG$13.4 billion in funds between January and September this year, with early-stage funds almost doubling to SG$886.1 million and deep-tech firms in three sectors accounting for under 4% of total capital.
Are private equity owners compatible with a registered investment advisory firm's fiduciary duty? Dynasty's Shirl Penney urges caution, and incites some strong reactions.
Members of Forbes Finance Council offer sound advice on what a consumer should be sure to look at before signing up for a credit or a debit card.
Insignia Ventures Closes Second Fund At $274.1m, Companies & Markets News & Top Stories - The Straits Times
October 17, 2019 9:07 AMSINGAPORE - Singapore-based Insignia Ventures Partners has hit an oversubscribed final close for its second fund at US$200 million ($274.1 million). Limited partners include premier institutional investors such as sovereign wealth funds, university endowments, foundations and renowned family offices from Asia, Europe and North America, said Insignia.
*Fund III closes oversubscribed at US$2.0 billion hard cap *US$3.2 billion invested and committed in 39 closed or pending transactions since inception *Team grows to 38 individuals TORONTO, October 16, 2019-- Whitehorse Liquidity Partners ("Whitehorse"), a specialized investment manager focused on providing structured liquidity solutions to the alternative asset class, today announced a successful final close for Whitehorse Liquidity Partners Fund III ("Fund III") at its US$2.0 billion hard cap. This is in excess of its US$1.5 billion target and double Whitehorse's US$1.0 billion Fund II, which closed in August 2018.
As Adam and Rebekah Neumann built WeWork into a $47 billion coworking giant, the couple relied on the teachings of the Kabbalah Centre, a spiritual organization whose high-pressure donation tactics have drained multiple former members' bank accounts, sources told Business Insider. Kabbalah Centre Rabbi Eitan Yardeni was a regular sight at WeWork offices, where former employees said he helped put together at least one deal, met with company executives, and, in at least one instance, spoke with the entire company as a "spiritual counselor."
WeWork's Adam and Rebekah Neumann mixed business and spirituality from Kabbalah Centre, a religious organization known for high-pressure tactics. : With his angular features, fashionable stubble, close-cropped salt-and-pepper hair, and chunky glasses, Eitan Yardeni didn't look out of place at WeWork's New York City headquarters, where he was a familiar presence to staffers. But the 55-year-old Yardeni is no tech guru: He's a spiritual one. Yardeni is a long-time confidant of WeWork co-founder Adam Neumann and his wife Rebekah.
Hedge fund billionaire Leon Cooperman told CNBC on Wednesday that the stock market could tumble as much as 25% if either Elizabeth Warren or Bernie Sanders wins the 2020 presidential election. The founder of Omega Advisors cited proposals from both candidates designed to tax wealthy individuals and billionaires. "You don't make poor people rich by making rich people poor," Cooperman said. Visit the Business Insider's homepage for more stories. Billionaire hedge fund manager Leon Cooperman is worried a presidential-election victory for either Elizabeth Warren or rival Bernie Sanders could send the stock market tumbling into a full-fledged bear market.