Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. January 15, 2021

Bill Gates Now America's Biggest Private Farmland Owner

Summary List PlacementMicrosoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US -- making him the largest private farmland owner nationwide, according to a national survey. Gates, whose net worth of nearly $121 billion makes him the world's fourth-richest person, and his wife Melinda Gates hold an extensive farmland portfolio stretching over 18 states, according to The Land Report. The Gates family's biggest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres).
Read by 62% of LPs January 15, 2021

Us-based Pe Firm Silver Lake Raises $20B For Sixth Buyout Fund

The fund allows Silver Lake to buyout tech and media firms at depressed valuations. The post US-based PE firm Silver Lake raises $20b for sixth buyout fund appeared first on DealStreetAsia.
Read by 44% of LPs January 14, 2021

Closing The Infrastructure Gap - By Patrick Saner, Head Macro Strategy, Swiss Re Institute & Fiona Gillespie, Economist Macro Strategy, Swiss Re Institute & Lori Kerr, Senior Infrastructure Finance Specialist, Global Infrastructure Facility & Carmel Ruth Lev, Consultant, Global Infrastructure Facility

The COVID-19 pandemic has exposed critical weaknesses in today's infrastructure systems that have cost thousands of lives and failed to shield millions more. The destructive force of climate change, visible in more frequent and severe natural disasters, highlights the urgency to better protect our communities against catastrophic losses while drastically reducing carbon emissions. The right kind of infrastructure is crucial to help mitigate shocks like climate change and pandemics, and is also an important source of economic growth and social progress.
Read by 44% of LPs January 14, 2021

Here's How The Economy Could Be Rebuilt, According To Chamber Of Commerce, 140 Trade Groups | The Daily Caller

'Spur economic growth now': A more than 140-member coalition led by the U.S. Chamber of Commerce and Bipartisan Policy Center called on the new Congress to urgently pass infrastructure legislation to guide the economic recovery. The coalition, named Build by the Fourth of July, said a bipartisan infrastructure package is a way for the new Congress and President-elect Joe Biden's incoming administration to kickstart a long-term economic recovery, according to a U.S. Chamber of Commerce press release Thursday. The coalition is comprised of local chambers of commerce, business groups, labor unions and environmental organizations across the ideological spectrum.
Read by 30% of LPs January 14, 2021

Tiger Global Is Raising A New $3.75B Venture Fund, One Year After Closing Its Last - Techcrunch

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global's 13th venture fund, despite its title -- the partners might be superstitious [...]
Read by 65% of LPs January 14, 2021

Psp Selling Stake In European Rail Lessor, Investing In Health-care Technology Company | Benefits Canada

The Public Sector Pension Investment Board is selling its stake in Alpha Trains, a Europe-based lessor of locomotives and passenger trains. The PSP, which has invested in Alpha Trains since 2008, will sell its interest to the PGGM Infrastructure Fund, a Netherlands-based cooperative pension fund service provider. "Alpha Trains is a unique business with a ...
Read by 75% of LPs January 14, 2021

These Plaid Investors Won't Get Paydays Now That Visa Deal Is Dead

Summary List PlacementThings have not gone according to plan for fintech startup Plaid. But its investors now say that may be for the best. In January, Visa agreed to purchase the fintech unicorn for $5.3 billion, giving Plaid's backers a sweet return on their investment -- roughly seven years after the company raised its first round of venture capital. But the deal fell apart on Tuesday, after regulators refused to approve it and instead sued to stop it, saying it was anti-competitive. In the face of that, both parties agreed to walk, they said in a statement.
Read by 78% of LPs January 14, 2021

The $30T ESG Sector Set To Explode In 2021

With trillions of dollars pouring into ESG funds last year, 2020 has been called the "tipping point" year for this mega-trend.
Read by 62% of LPs January 13, 2021

Bp Admits It Supplied Fuel To Mauritius Oil Spill Ship Mv Wakashio

BP issued a statement on Tuesday, admitting for the first time that it supplied the oil used in the Wakashio. However, it denied responsibility for the Mauritius oil spill. The type of fuel on board was an experimental ship fuel found to cause engine problems around the world.
Read by 55% of LPs January 13, 2021

Stacklet Secures $18M In Series A Funding

New investment to help fuel growth of open source Cloud Custodian community and accelerate R&D for its commercial cloud governance platform ARLINGTON, Va., January 13, 2021-- Stacklet, developer of the cloud governance platform based on Cloud Custodian, today announced it has closed $18 million in Series A funding. The investment was led by Addition with participation from Foundation Capital and new individual investor Liam Randall. The funds are earmarked for continuing the support and growth of the Cloud Custodian community, advancing the Stacklet platform, and hiring in engineering, marketing, sales and customer success. Stacklet exited stealth in August 2020.
Read by 69% of LPs