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HF News
 
Europe sees VC investment rise to $17.9bn on the back of a $5.2bn deal in Sweden in Q1'24
Posted: Thu, 25 Apr 2024 00:00:00 +0000, Opalesque
 
Laxman Pai, Opalesque Asia: Europe was the only region to see VC investment increase this quarter-from $15.1 billion in Q4'23 to $17.9 billion in Q1'24, although the number of deals dropped from 2,419 to 1,798 over the same period, revealed a study. According to the Q1'24 edition of KPMG Private Ent...
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Cathay Innovation launches â?¬1 billion fund
Posted: Wed, 24 Apr 2024 23:58:20 +0000, Opalesque
 
Bailey McCann, Opalesque New York: Cathay Innovation has launched a new euro;1 billion venture fund. This marks the third venture fund for the firm. At close, Cathay Innovation Fund III will be one of the largest multi-stage venture capital funds globally. In addition to institutional investors th...
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Quant hedge funds enjoy bumper start to 2024
Posted: Wed, 24 Apr 2024 23:56:40 +0000, Opalesque
 
From FT: Computer-driven hedge funds that bet on trends in financial markets are enjoying strong returns as bets on soaring cocoa prices and a sinking Japanese yen have borne fruit. Quantitative funds have gained 12 per cent for the year to the end of March, according to an index compiled by Soci...
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Lemssouguer's hedge fund drops 6.6% in March as credit bets sour, Hermes Li's $7bn Asia hedge fund beats peers with 11% gain
Posted: Wed, 24 Apr 2024 23:55:00 +0000, Opalesque
 
Lemssouguer's hedge fund drops 6.6% in March as credit bets sour From Bloomberg: Former Credit Suisse trader Hamza Lemssouguer's hedge fund suffered its second biggest monthly loss in March as some of his credit bets soured. His Arini Credit Master Fund lost 6.6% in the month, according to an...
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Non-compete ban is 'game changer' for hedge funds
Posted: Wed, 24 Apr 2024 23:53:20 +0000, Opalesque
 
From Financial News: The Federal Trade Commission's ban on non-competes will be a "game changer" for hedge funds, recruiters say, as the sector prepares for greater competition. The move will allow portfolio managers and quantitative researchers to switch firms easier, but is a ...
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New Launches: Lombard Odier partners with Robeco on new PrivilEdge emerging markets fund, Seed-stage firm Eniac Ventures raises $220m across two funds, Kedaara Capital closes largest India PE fund at $1.74bn
Posted: Wed, 24 Apr 2024 23:51:40 +0000, Opalesque
 
Lombard Odier partners with Robeco on new PrivilEdge emerging markets fund From Investment International: Bank Lombard Odier, the Geneva-based wealth manager, has expanded the funds offered on its 'PrivilEdge' open architecture fund platform, with the addition of PrivilEdge - Robeco Emerging Mark...
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Institutional Investors: New Jersey commits $845m to alternatives, Arizona allots $400m to significant risk transfer strategy, Cassa Forense boosts total assets to $18.9bn
Posted: Wed, 24 Apr 2024 23:50:00 +0000, Opalesque
 
New Jersey commits $845m to alternatives From PIonline.com: New Jersey Division of Investment, which manages investments for the New Jersey Pension Fund, Trenton, has made five alternatives investments of up to $845 million. The commitments were announced April 24 at the quarterly meeting of ...
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Investing: David Einhorn sees 'compelling values' in 'broken market'
Posted: Wed, 24 Apr 2024 23:48:20 +0000, Opalesque
 
From Institutional Investor: David Einhorn continues to rail at the logic of the stock market. In his first-quarter client letter, signed by Greenlight Capital and obtained by Institutional Investor, the hedge fund manager asserts: "The stock market is fundamentally broken!" Thi...
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People: Blue Owl Capital hires managing director from Australia's Future Fund
Posted: Wed, 24 Apr 2024 23:46:40 +0000, Opalesque
 
Blue Owl Capital, an alternative asset manager, announced the hiring of Alicia Gregory as a Managing Director based in Sydney. Alicia brings over 25 years of investing experience with deep relationships and expertise across the Australian asset management industry. She most recently served as D...
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Market News
 
Amazon, With Little Fanfare, Emerges as Advertising Giant
Posted: Tue, 27 Nov 2018 07:53:44 EST, wsj, technology
 
Its push is happening online, on devices such as FireTV and on delivery boxes, challenging the big ad sellers, including Facebook, Google and TV networks. Marketers are conflicted between wanting the company’s data and fearing it as a competitor.
 
 
Silicon Valley's Stock Exchange Meets SEC Roadblock
Posted: Tue, 27 Nov 2018 07:56:12 EST, wsj, technology
 
The Long-Term Stock Exchange—a market for the nation’s hottest startups–was opposed by a member of the Securities and Exchange Commission.
 
 
Huawei to Complete Network Project Despite Opposition
Posted: Tue, 27 Nov 2018 07:25:35 EST, wsj, technology
 
Chinese telecom giant Huawei will complete construction of an internet network in Papua New Guinea despite opposition from Australia, Japan and the U.S., after the Pacific nation dismissed cyberspying worries.
 
 
A New Kind of Lender Secretly Tracks Your Car to Make Sure You Pay Up
Posted: Tue, 27 Nov 2018 05:30:57 EST, wsj, technology
 
In China, a new type of internet loan comes with a catch: lenders can track your car’s whereabouts and can seize it if you fail to make payments.
 
 
Hey, Mom, Why Do You Have Five TV Remotes?
Posted: Tue, 27 Nov 2018 07:56:23 EST, wsj, technology
 
Young, tech-savvy adults struggle to work the collection of remote control devices at their parents’ house; “you’ll get picture but not sound.”
 
 
Apple's App Store Under Fire in Supreme Court Case
Posted: Mon, 26 Nov 2018 17:39:56 EST, wsj, technology
 
The tech giant’s exclusive market for selling iPhone apps came under fire at the Supreme Court, as justices considered whether consumers can proceed with a lawsuit claiming the company has an illegal monopoly.
 
 
Chinese Scientist Claims World's First Genetically Modified Babies
Posted: Mon, 26 Nov 2018 14:07:27 EST, wsj, technology
 
A Chinese scientist claims to have produced the world’s first genetically modified babies, stirring alarm among doctors who warn such experiments using nascent DNA-editing technology pose too many health and ethical risks.
 
 
NASA's InSight Spacecraft Lands Safely on Mars
Posted: Mon, 26 Nov 2018 20:40:43 EST, wsj, technology
 
NASA engineers celebrated as the $828 million InSight lander signaled a safe landing on Mars, where it will take the pulse of the Red Planet by monitoring seismic waves from quakes and meteor strikes.
 
 
United Tech to Break Itself Into Three Companies
Posted: Mon, 26 Nov 2018 19:20:31 EST, wsj, technology
 
The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.