14-day Premium Trial Subscription Try For FreeTry Free

Locofast raises $15 mn co-led by Stellaris Venture Partners, Chiratae Ventures

04:05pm, Tuesday, 01'st Mar 2022 Economic Times India
Infosys co-founder Kris (S) Gopalakrishnan’s fund, Axilor Ventures, also participated in the funding round, as well as angel investors including Suhail Sameer (CEO, BharatPe), Amit Lakhotia (founder and CEO, Park+), Nitin Gupta (founder and CEO, Uni).
The launch of NEI Clean Infrastructure Fund, a climate-focused equity strategy investing in global companies that own low-carbon power generation assets and renewable infrastructure A solution geared for investors who want to be part of the unprecedented global transition to cleaner energy, and the investment in next-generation clean energy infrastructure needed for that shift Investors can access the investment benefits of the energy transition while making a positive climate impact, alongside the lower volatility characteristics and diversification benefits of exposure to infrastructure companies in an investment portfolio TORONTO , March 1, 2022 /CNW/ - NEI Investments ("NEI") today announced the launch of NEI Clean Infrastructure Fund (the "Fund"), a responsible investment strategy centred on the global transition toward clean energy and net-zero emissions. The Fund is an impact mandate that invests in the equity securities of publicly listed global companies that own low-carbon power generation assets and/or renewable infrastructure.
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …
TOKYO - Toshiba''s Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation. Tsunakawa will…

Fintech focused investor QED will deploy $500 million in Indian startups

12:30am, Tuesday, 01'st Mar 2022 Economic Times India
Some of the fund’s biggest bets are Nubank, Remitly, SoFi and Klarna

Biden''s high court choice defies expectations on labor cases

08:55pm, Monday, 28'th Feb 2022 New Haven Register
DETROIT (AP) — Labor unions and worker advocates have applauded President Joe Biden’s nomination of Judge Ketanji Brown Jackson for the Supreme Court. Yet a look back at Jackson''s decisions in cases involving business and labor suggest that she won’t always rule as they want or expect her to. Though Jackson is widely seen as a liberal on social and economic issues and as a defender of workers’ rights, her decisions, as a federal district court judge and then as a federal appellate judge since last year, defy easy categorization. “She’s as likely to rule for a corporation in a race discrimination claim as she is for the plaintiff,” said Ted Ruger, dean of the University of Pennsylvania Law School, who served with Jackson on the Harvard Law Review during law school. “Like any judge who follows the law and listens to the evidence in the case, she may disappoint some who always want a predictably liberal outcome.” Out of 40 employment and business-related rulings reviewed by The Associated Press, Jackson ruled for the defendants 30 times since 2013 while serving as a judge on the U.S.
European EM Funds ''Gated'' As Russian Default Risk Soars To Record High The cracks are starting to show as the effects of sanctions on Russia begin to filter through the rest of the global financial markets. While US equities are rebounding, European banks are struggling to stage any comeback and under the surface the pipes are creaking. As Bloomberg reports, JPMorgan Chase and Danske Bank were among asset managers to freeze funds with exposure to Russian assets amid a plunge in markets. As JPMorgan write in a letter to investors this morning , the Emerging Europe Equity fund and wouldn’t accept any orders to buy or sell shares in the fund . “Due to the escalating conflict between Russia and the Ukraine, local market trading conditions are not currently operating as they normally would do,” JPMorgan said in the letter. “ We understand that being unable to deal in the fund is frustrating and we will take the decision to lift this suspension as soon as we consider it is in the best interests of existing shareholders to do so.” "Frustrating" is right!
NEW YORK , Feb. 28, 2022 /PRNewswire/ -- Behrman Capital, a private equity investment firm based in New York , today announced the closing of Behrman Capital Micross CF L.P., a new single asset continuation fund of approximately $500 million in connection with the sale of its portfolio company Micross Components ("Micross" or the "Company"), the leading global supplier of turnkey high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications, by Behrman Capital VI L.P. ("Fund VI") and other investors. The continuation fund, managed by Behrman Capital, will be supported by new and returning limited partners, anchored by funds managed by Apollo Global Management, Inc. and its affiliates (collectively "Apollo") and funds managed by BlackRock''s private equity secondaries team. Behrman Capital and existing Fund VI limited partners rolled significant proceeds into the continuation fund as part of the transaction, and Micross management also rolled the majority of its equity proceeds.

American Express Ventures is doubling down on Web3

04:13pm, Monday, 28'th Feb 2022 Fortune
“I see a lot of hunting ground there,” says the $1.3 billion fund’s new captain. Read More
WeFlex, an electric vehicle (“EV”) finance business, has appointed EY to drive its £60m fund raising efforts. The company says funds, a mixture of debt and equity, will be utilised to support its goal to get ride-hailing drivers to switch to EV’s, supercharging efforts to transition the ride hailing industry’s greener future. WeFlex is an approved Uber Clean Air Plan partner, providing EVs to private hire ride-hailing drivers (market size of approximately 230,000 individuals, including but not e
Avista Corporation found using ticker (AVA) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 49 and 35 and has a mean target at 41.5. Now with the previous closing price of 43.4 this now indicates there is a potential downside of -4.4%. The 50 day MA is 43 and the 200 day moving average is 42.18. The company has a market capitalisation of $3,179m. You can visit the company''s website by visiting: https://investor.avistacorp.com [stock_market_widget type="chart" template="basic" color="green" assets=AVA" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,039m based on the market concensus. Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana.
Are There Some Secret Gems Hidden Inside The ARKK ETF At These Prices? Submitted by QTR''s Fringe Finance A funny thing has happened over the last couple of days: I’ve started to look at several technology companies (whose names I will disclose later in this article) that I think are becoming attractively priced as the market continues its plunge. For example, on yesterday’s massive market plunge during the morning, I told my subscribers that my game plan was to sell of some of my exposure to oil, gold and index shorts, in order to nibble at a potential M&A target I like, a retail name that I think is too cheap to ignore and two “falling knives” I continue to catch as they move lower. I also still think it’s a great time to look at one sector I think is primed for M&A, several ETFs that I think can reduce risk and a little noticed sector I think could catch a bid as part of the “wartime” trade. But yesterday morning, chatting with friends about my gameplan for the day, I started discussing the state of tech stocks and, even though I think the NASDAQ still has lower to fall as an index, there are some names that have started to interest me.

Blackstone Inc. – Consensus Indicates Potential 24.1% Upside

11:14am, Monday, 28'th Feb 2022 DirectorsTalk
Blackstone Inc. found using ticker (BX) now have 12 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 190 and 110 with the average target price sitting at 150.5. With the stocks previous close at 121.28 this is indicating there is a potential upside of 24.1%. The 50 day moving average now sits at 123.87 and the 200 day moving average is 119.05. The company has a market cap of $91,551m. Find out more information at: https://www.blackstone.com [stock_market_widget type="chart" template="basic" color="green" assets=BX" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $113,608m based on the market concensus. Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies.

Australian Unity office fund wins suitors

06:49am, Monday, 28'th Feb 2022 The Australian Financial Review
The about-face in the listed fund’s growth path came after an ambitious plan to merge the office fund with an unlisted commercial property was scuppered.
Highlights Russian president Putin has instructed his defence minister to place the nuclear deterrent forces on a "special regime of combat duty." Germany is planning to devote EUR 100 billion to a special fund to help Ukraine. A total of 1,684 people has been injured in Ukraine, while Russia is yet to provide exact figure. Russian president Vladimir Putin on Sunday (February 27) raised the alert level on his nuclear weapons in an unprecedented escalation of tensions with the West. While Putin''s troops and tanks pushed farther into Ukraine, closing in on Kyiv, Ukraine''s embattled leader consented to hold peace talks with Moscow. On Sunday, Putin upped the ante by issuing an instruction to strengthen the readiness of Russia''s nuclear weapons, citing "aggressive remarks" by NATO and strong financial penalties, raising fears that the invasion of Ukraine could lead to nuclear war, whether on purpose or by accident. Putin''s order came as Russian forces faced stiff opposition from Ukraine''s defences.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE