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Socalbio To Honor 2022 Innovation Award Winners On December 1st Gala

Los Angeles-Area Bioscience Trendsetters Will be Celebrated at Event Hosted by L.A.'s "Voice for Business News" Frank Mottek; Lifetime Achievement Award Will Go to Legendary Researcher/Nobel-Prize Winner David Baltimore, PhD LOS ANGELES, Dec. 1, 2022 /PRNewswire/ -- The Southern...
Read by 56% of LPs 32minutes ago

Billionaire Hedge Fund Manager Chris Hohn Paid Himself $1.9M A Day This Year

His fund holds stakes in some of the world’s biggest companies. : The U.K. is in the throes of a cost-of-living crisis, with real wages declining at a record rate this year—but amid the economic turmoil, one of the country’s wealthiest people cashed in on a record payday as his hedge fund’s profits skyrocketed. Billionaire Chris Hohn, who founded TCI Fund Management in 2003 and serves as its director, paid himself a dividend of almost $690 million this year, documents filed with the British government this week showed—the equivalent of almost $1.9 million a day.
Read by 64% of LPs 2hours ago

Warburg Pincus To Acquire K2 Insurance Services From Lee Equity Partners

Partnership with Management to Support Company's Next Phase of Growth SAN DIEGO, Dec. 1, 2022 /PRNewswire/ -- K2 Insurance Services ("K2"), a leading independent specialty insurance program manager, today announced that Warburg Pincus, a leading global growth investor, has agreed to...
Read by 76% of LPs 23hours ago

A New Lawsuit Accusing Apollo Co-founder Leon Black Of Rape Underscores His Connection To Jeffrey Epstein | Fortune

In late 2020, the co-founder of one of the largest and most powerful private equity firms in the world, Apollo Global Management, sent a letter to the firm’s limited partners, addressing revelations that he had paid tens of millions to the now-deceased convicted sex offender Jeffrey Epstein. The Apollo co-founder, Leon Black, stated that he was “appalled by” and “completely unaware of” the conduct of Epstein, and he denied that he himself was connected to any of it. “There has never been an allegation by anyone…that I engaged in any wrongdoing or inappropriate conduct,” he said.
Read by 37% of LPs November 30, 2022

The Retiree's Portfolio: 2 Must-own Dividend Stocks | Seeking Alpha

Investors are constantly bombarded with articles that tout must-own investments. Retirees even more so. So why is another article pushing some investments as must-owns for retirees? Retirees, like all investors, have goals and circumstances that make generally suitable investments more or less important for them. So how does a retiree sort through all of the good investments to find those that are best suited to their goals, circumstances, and risk tolerance? The first thing to know about The Income Method is that it doesn't depend on regular sales of shares to produce cash.
Read by 68% of LPs November 30, 2022

Gates Foundation Commits $75M To Support Post-secondary Education In Washington State – Geekwire

The Bill & Melinda Gates Foundation will provide $75 million over the next four years to increase enrollment in post-secondary education programs in Washington state. The endeavor is the new focus of the foundation’s Washington State Initiative, which supports state-specific education programs. Previous efforts include building education partnerships south of Seattle and supporting school COVID-19 responses. Only 61% of students graduating from high school in Washington immediately enroll in a post-secondary program, below the national average of 69%, according to the foundation.
Read by 56% of LPs November 29, 2022

Partnership For Education Advancement Announces Board Of Trustees

Non-Profit Supporting HBCUs Welcomes Leaders in Education, Student Success, Government and Finance NEW YORK, Nov. 29, 2022 /PRNewswire/ -- The Partnership for Education Advancement (Ed Advancement), a non-profit focused on advancing socioeconomic mobility for students of color,...
Read by 33% of LPs November 28, 2022

Motilal Oswal Invests Rs 450 Cr In Shapoorji Pallonji Real Estate | Business Standard News

Takes exposure to two projects--one commercial, the other a residential township. : Motilal Oswal Alternates (MOA), the alternative investment arm of the Motilal Oswal Group, has made its first investment of Rs 450 crore in Shapoorji Pallonji Real Estate, against two of developer group's projects. One project is a partially completed, leased and operational commercial project in Manesar. The other is a residential township launched in 2021. The investment, which has been made through structured debt instruments, will be used for working capital, repayment of debt and achievement of financial closure, said the company.
Read by 63% of LPs November 27, 2022

British American Tobacco Should Be Considered By Impact Investors (nyse:bti)

Tobacco, cigarettes, and nicotine giant, British American Tobacco (NYSE:BTI) has had a terrible five years on the stock market. This has occurred despite improving underlying economics, and a strengthening competitive advantage over its rivals. The industry has been marred by health concerns, but there is a case that investment can help drive change, and in the case of British American Tobacco, will reward a company that is doing the right things. In the last five years, British American Tobacco has delivered uninspiring returns for its shareholders.
Read by 71% of LPs November 25, 2022

Mavs Foundation Allocating More Than $1M In Grants To Nonprofit Organizations

“We are excited to be able to continue our investment of $1 million back into the community,” President of the Mavs Foundation Katie Edwards said.
Read by 55% of LPs