Tag: fund
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SK Group Chairman Chey sells stake to Dell family office fund for $406 million
SEOUL, Oct 14 : SK Group Chairman Chey Tae-won has agreed the sale of a 1.34 per cent stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on Wednesday.The deal is part of Chey’s plan to raise…
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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost
NEW YORK, Oct 12 : The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift from the artificial intelligence boom that has helped other economies absorb the energy shock from the Middle East war.
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Trump says taxpayers will no longer fund controversial TV ads after backlash
Trump faced criticism from across the political divide after at least $1.5 million in federal funds was spent on TV ads. He says his MAGA Inc. super PAC will pay for future ads.
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Turkey: Stock market scandal hits half a million investors
Asset managers are alleged to have artificially inflated the value of their funds. Turkish authorities have made multiple arrests, and a leading AKP lawmakers has resigned.
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Turkey’s stock market scandal sees arrests and resignation while half a million people are in limbo
Nearly half a million investors are affected, arrests have been made, and a female politician from the ruling party has resigned. What is behind the stock market manipulation scandal in Turkey?
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South Korean pension fund seeks India government bond investment licence, sources say
MUMBAI, Sept 22 : South Korea’s state-run pension fund, the world’s third-largest, is seeking a licence to invest in Indian government securities under a compliance-light route offered by the market regulator, two sources with direct knowledge of the matter said.India has been trying to draw more foreign capi
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Ares raises $4 billion for Japan logistics fund in unit’s largest fundraise
HONG KONG, Sept 1 : Ares Management, a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its fifth Japan logistics development fund, marking the unit’s largest closed-end institutional fundraise to date.The fund, Japan Logistics Development Partners V
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Trust Fund for Victims: helping those hit by war in Africa
The Trust Fund for Victims helps survivors of conflict rebuild their lives. It has helped thousands of people, including Gemima from the Central African Republic, a survivor of sexual violence who is working to support her family.
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Robinhood’s second fund for retail investors eyeing private markets starts trading
Aug 13 : Robinhood’s second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been out of reach for all but venture capital firms and wealthy investors.The fintech company’s Robinhood Ventures Fund II raised $225.5 million, which will be invested
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Robinhood’s second venture fund debuts, drawing retail money into private markets
Aug 13 : Robinhood’s second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been out of reach for all but venture capital firms and wealthy investors.The fintech company raised $225.5 million in the initial public offering of Robinhood Ventures
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