Blackstone has warned of the risk of delaying the launch of a new private equity fund aimed at high net worth individuals, as it faces heavy withdrawals from investors in two other property and credit funds aimed at a similar clientele. The New York-based investment manager is preparing to open a fund called the Blackstone …
Blackstone may slow launch of private equity fund after investors pull out Read More »
Vanguard, the world’s second-largest mutual fund and exchange-traded fund manager, is pulling out of a major financial industry alliance designed to fight climate change, the company announced on Wednesday. Vanguard, in a statement, said it would monitor its progress independently of the alliance, in an effort to provide “clarity” to its investors. Some environmental groups …
“Anti-awakening” reaction? Fund giant Vanguard quits net zero climate alliance Read More »
Indian venture capital firm Blume has raised more than $250 million for a new fund, its fourth and largest, as it seeks to become more aggressive in wooing early-stage startups and deepen its support for companies in its portfolio at a time when deal flow activity in the South Asian market has been hit by …
Hello. It’s Tuesday. Technology is booming in Brooklyn. We’ll be looking at two big cash injections for entrepreneurs and technology there. We will also meet a prosecutor who has previously faced Donald Trump and is joining the Manhattan District Attorney’s Office. Brooklyn, which has outpaced the rest of the city in creating tech jobs and …
Hello. It’s Tuesday. Technology is booming in Brooklyn. We’ll be looking at two big cash injections for entrepreneurs and technology there. We will also meet a prosecutor who has previously faced Donald Trump and is joining the Manhattan District Attorney’s Office. Brooklyn, which has outpaced the rest of the city in creating tech jobs and …
WASHINGTON — The bipartisan industrial policy legislation that President Biden signed into law this summer called for a $10 billion effort to revive economically booming regions across the country: a series of “innovation hubs” in 20 zones. metropolitan. Supporters of targeted federal efforts to revitalize troubled areas are eagerly waiting for the Commerce Department to …
“Innovation hubs” aim to address areas in difficulty. Congress just has to fund them. Read More »
Image source: Getty Images The quick answer? It depends. Key points You need money in savings to cover unexpected expenses. Rather than guess how much you need, use a specific formula to calculate it. It’s a sad truth that many Americans are unprepared for unexpected expenses. A 2021 Federal Reserve study found that 32% of …
Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios in New York City. jenny anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it can be difficult to find the money to cover expenses. In a pinch, it can be tempting to withdraw money …
Bitcoin briefly hit a new two-year low on Monday and fell below $15,500 in the afternoon as worsening liquidity issues raised cryptocurrency concerns following the FTX crash. by Sam Bankman-Fried. Unconfirmed social media chatter Over the weekend, crypto industry sources, including a unit of the Digital Currency Group, questioned whether the venture capital giant could …
Bitcoin Falls as Another Leader Wavers; This superior fund buys Read More »
Two years ago, South Korea unveiled a plan to achieve carbon neutrality by 2050. Getting there will be another story. AAlthough Korean manufacturers say they are trying to change their ways, the country’s GDP is tied to some particularly polluting industries, including petrochemical producers, automakers and shipbuilders. Although some businesses are never truly sustainable, a …
Korean VC Sopoong closes $8 million fund for startups focused on environmental impact Read More »
