Hints and tips:
...Hedge fund investor John Paulson is one of the traditional GOP donors Trump can rely on — he will host a Palm Beach, Florida fundraiser for the former president on April 6 that is expected to bring in $33mn...
...She has put up her Miami Beach apartment to secure a $2mn bond imposed by the court in exchange for her release from custody....
...“Microscopic interest rates, like grains of sand at the beach, had gotten into everything,” he wrote....
...“We have the talent, the business angels, the seed funds, venture funds and now the late-stage investors....
...This week Griffin sold a $1.15bn stake in Citadel Securities to venture capital firms Sequoia Capital and Paradigm, electrifying the finance industry....
...The US venture is part of the brand’s first effort at manufacturing and selling full-sized electric vehicles....
...Venture capitalists Sequoia and Paradigm bought 5 per cent of the company for $1.15bn, valuing it at $22bn....
...In February, Shleifer purchased a $132m home in Palm Beach, Florida, on land once owned by former US president Donald Trump, the priciest residential real estate transaction in the town’s history....
...TPG is raising $5bn for a climate and clean technology fund, with former Treasury secretary Hank Paulson to serve as chair....
...But the start-up is unusually discreet for a new player in a fast-growing industry favoured by venture capitalists....
...The original deal was struck between Henry Paulson, then chairman and chief executive of the bank, and Fang Fenglei, pictured below, one of China’s top private equity investors....
...Unbeknown to his former boss, Mr Siddiqui had already been working on his own insurance venture....
...NewRiver said its 50:50 venture with Pimco’s BRAVO Strategies III LLC — an opportunistic private fund run by the $1.8tn-in-assets Newport Beach-based fund manager — would start by buying a portfolio of four...
...Siddiqui testified that his wife counselled him against his entrepreneurial activities, arguing “he should have just sat on the beach for a while” instead. He doesn’t seem to have been tempted....
...At 77, he hints at starting his own venture, but declines to provide details: “I can’t picture myself on a beach, and my golf game sucks. Maybe if I’m out there I can consolidate.”...
...News round-up French insurer Axa takes full control of Chinese venture (FT) SoftBank relaxed about price of India investments (FT) Learning the lessons of GE’s steepening decline (FT View) WPP to merge...
...Those ventures are typically small satellite ventures in the hundreds of millions of dollars, not multiple billions....
...Mr Thain said he is unsure what to do next, but said he planned to start by going to a beach in Los Angeles to play with his two-year-old granddaughter....
...Grants have accounted for only about half the LLC’s $890m of spending since inception, says Matt Bannick, managing partner at the Omidyar Network....
...One, Nikki Beach, will be the second hotel venture by the brash Miami-based beach-club brand....
...Sequoia Capital, one of Silicon Valley’s largest venture capital firms, now has eight offices, of which only one is in the US....
...We have a beach as good as Phuket’s,” he said, referring to the Thai coastal resort....
...“He wanted to pursue some other financial ventures.”...
...JPMorgan Chase has been appointed to advise on the sale process, which will include Taylor Morrison’s high-end Mirasol development in Palm Beach Gardens, Florida....
...In April, TPG formed a joint venture with Caruso Capital to invest $750m in retail properties across the western US....
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