Alternative Investments news
- Hedge funds are known to scoop up shares of companies set to be acquired.
- The strategy known as merger-arbitrage has paid off for years, according to one pro.
- However, many hedge funds are doing the opposite by shorting the acquired target.
Latest Alternative Investments news
Intel Corporation (NASDAQ: INTC) has announced its tranche of startup investments: £108M ($132M) injected in 11 businesses. The deals speak to the venture capitalist’s commitment towards nurturing tech-based businesses including chip design, artificial intelligence, and autonomous computing. While Intel Capital tries to operate independently from its parent company, it has not shied away from using Intel’s muscle to leverage relationships and exp...
Ares Australia Management (“AAM”), a joint venture between Fidante Partners and Ares Management Corporation (NYSE: ARES) has launched its first product in Australia, the Ares Global Credit Income Fund. AAM developed the Fund owing to a growing demand for an investment approach that offers high-income generation while preserving capital especially during these uncertain times when many businesses continue to register low returns. Teiki Benveniste,...
American international venture capital firm Runa Capital has announced a successful third round of funding. Fund III exceeded its target of £110 million by over £17 million to close at about £127 million ($157 million). The start-up financier was established by a team of serial entrepreneurs to invest in software businesses around the globe. Among the new investors in the company include current and previous founders of Brainly, Final, Nginx, Roc...
Award-winning financial planning platform Lifetise is crowdfunding to raise £250,001 in exchange for a 5.88% equity stake in the company. But as of this morning, the UK start-up had already surpassed its targeted amount by more than £3,000. The financial planning firm was valued at £3,999,888 before the fundraiser and at the time of publishing this brief, about 5.96% of its equity had been taken over by a new crop of investors. It remains unclear...
Environmental solutions company Land Betterment Corporation has embarked on raising funds using a crowdfunding platform known as Fundopolis. Land Betterment Corporation or simply ‘Land Betterment’ is an impact-driven company focused on upcycling old coal mining sites to foster community development and sustainability through job creation. Institutional and individual investors can take part in the firm’s noble cause by visiting Land Betterment...
Recent research suggests UK start-ups have managed to raise about £663 million since the Covid1- lockdown began, overlooking the current economic slump. The study was carried out by innovation and coworking space giant Plexal, in partnership with start-up data company, Beauhurst. The research sampled data from close to 30,000 companies between March 23 and April 27, and it revealed that British businesses raised 34% more cash than they did during...
David Clark, a former Uber (NYSE: UBER) executive is finalizing plans to set up the European headquarters for startup funding company, Expa in London. Expa, which is based in Silicon Valley, was established in 2014 by Garret Camp, co-founder of StumbleUpon and cab-hailing app Uber. According to the serial entrepreneur and investor, he started Expa to help entrepreneurs to actualize their dream businesses. The startup financier offers budding entr...
The European Innovation Council (EIC) is set to receive an additional £131M (€150M) following a surge in applications in the last couple of weeks. Over 1,000 small and mid-sized companies and startups tendered applications fronting possible ideas for dealing with Coronavirus. The usual number of applications for EIC calls also more than doubled. The EIC task force director Jean-David Malo in a statement said: “We are seeing a lot of appetite and...
The recently established Paycheck Protection program (PPP) has come as a relief to small-scale businesses in the US. But financiers, especially the large banks will be forced to wait a little longer to benefit from the electron loans after the country’s Treasury and the Small Business Administration resolved to give priority to pop and small mom businesses. The agencies have indicated that big banks will be temporarily locked out of the loan appl...
JP. Morgan (NYSE: JPM) plans to raise about £8 billion to boost its spend during this Covid-19 pandemic period. The firm’s alternative-investment division said the amount would enable them to sail through the current crashed economy. “The magnitude of these dislocations is so significant. To get some of these markets functioning, you need a lot of capital,” JPMorgan’s global head of alternatives Anton Pil said during a Monday interview. According...
Boris Johnson’s government yesterday announced plans to boost high-growth enterprises to make it through this tough period of the Coronavirus pandemic. The state scheme dubbed the Future Fund is made up of a £250,000,000.00 venture investing kitty set to be deployed through the British Business Bank. The fund aims at helping viable upcoming businesses that may struggle to persevere the current economic downturn or may have been hinder...
Valiant Capital Management is a San Francisco-based hedge fund and is among the few who not only accurately predicted the coronavirus’ impact on global markets, but did something about it, The Wall Street Journal reported. Sources close to the hedge fund told WSJ its boss Chris Hansen started to take short positions in stock indexes in late January. A few weeks later, the fund started shorting companies it identified as over-levered from a...
The first quarter of 2020 has come to an end and by nearly every imaginable metric, it was a terrible period for global investors. The U.S. market, in particular, was hard hit with the Dow posting its worst performance since 1987 while the S&P 500 index recorded its biggest quarterly decline since 2008. The debate if now is the right time to buy on the dip is as fierce as ever. Even billionaire investment pros can’t agree with each othe...
2019 was a monumental year for global money manager BlackRock but this seems to be a “distant reality,” Chairman and CEO Larry Fink wrote in his yearly letter to shareholders. ‘Overtaken our lives’ The coronavirus has, unfortunately, “overtaken our lives” and BlackRock’s offices across the world are void of human activity, Fink wrote. Instead, he is writing his annual letter to shareholders from his home...
Billionaire Kenneth Griffin led prominent hedge fund, Citadel, has succeeded in protecting itself against the Coronavirus driven market crash so far as evident in its Monday’s data that showed the American global financial institution’s flagship hedge fund, Wellington, to have made a slight profit in the year through Monday. The fund relies on a multi-strategy that includes bets on commodities, bonds, stocks, and a range of other secu...
Binance recently partnered with WazirX to set up a joint $50 million-large token fund. The goal is to invest in blockchain startups in India, thus helping them speed up development The fund is simply called ‘Blockchain for India,’ and it is backed by WazirX’s WRX token, and Binance’s native BNB and BUSD. According to WazirX’s CEO and founder, Nischal Shetty, the fact that this is a token fund means that it will not i...
The current environment is certainly a difficult one for the world but the one silver lining is we can expect to see a lot of new innovation, according to ARK Invest founder and CEO Cathie Wood. Buy ‘trounced’ names ARK focuses on finding investment opportunities among companies that show disruptive innovation. The current environment encourages companies to innovate and those who succeed will see market share growth in whatever area...