Hints and tips:
...The alleged deal involved Baupost providing 95 per cent of the capital for the joint venture with DPK responsible for the remainder....
...The other partner in the joint venture is US fund manager RedBird Capital....
...IMI, the Abu Dhabi vehicle behind RedBird’s joint venture, is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the UAE....
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...The Hexagon Cup, a new padel tournament backed by the venture arm of the Daily Mail publisher, has clinched a broadcast deal in the UK with ITV. The event gets under way later this month in Madrid....
...Now he runs a venture capital firm with his partner, Ben Horowitz....
...Smart reads Throwing bones Hedge funds have helped bolster bank profits this year by enlisting their prime brokerage services in an otherwise tumultuous year for markets, fintech adviser Rupak Ghose writes...
...“It’s a very tough business,” said Harry Jho, founder of law firm Harry Jho LLC, which specialises in prime brokerage, adding that “if you’re providing full financing, you have to be able to assess the credit...
...“Companies were raising way ahead of where they should have been, and then valuations fell off the cliff,” said Sanjay Swamy, managing partner at Bengaluru-based venture capital firm Prime Venture Partners...
...services across cash equities and research, combined with Société Générale’s integrated equity capital markets, equity derivatives, and prime services....
...That will limit the positive effect that a good solid IPO by Mobileye will bring,” cautioned Kyle Stanford, a venture capital analyst at PitchBook....
...General Atlantic is borrowing €300m from Goldman Sachs at a double-digit interest rate in order to repay a controversial loan and distance itself from collapsed group Greensill Capital, according to two...
...V. About two dozen people attended the final hearing in Ganieva’s civil action against Black, in a harshly lit room inside an Italianate office building in Tribeca. It was May 2023....
..., Chainstry, Hash, KOSMOS Capital, Kyros Ventures, LD Capital, Minted Labs, P2P Capital, Phoenix VC, Staking Facilities, YBB Capital, Moonwhale Ventures, and Decentralab....
...Normally we’re all for anyone who rattles Sand Hill Road but judging by the performance of venture capital funds in the first quarter, something has gone very seriously wrong of late....
...kadhim@ft.com / sid.v@ft.com...
...“It’s the latest missing piece of the ecosystem,” says Julien Cordoniou, a London-based partner at venture capital firm Felix Capital....
...But crypto exchanges have resisted calls, including from Ukraine’s vice-prime minister, to support the western effort to freeze Russia out of the financial system by blocking the country....
...Let us know at Imani.Moise@ft.com or Sid.V@ft.com. Is crypto a risk to sanction enforcement?...
...The 2008 financial crisis had left the balance sheets of western financial groups poisoned by sub-prime assets, forcing them to ring fence these toxic assets in “bad banks”....
...The consumer healthcare business, which owns brands such as Centrum vitamins and Sensodyne toothpaste, is a joint venture with Pfizer....
...Blake Byers has stepped down as a general partner at GV, a venture capital arm of Google, to start his own firm....
...Today, Sistema is co-investing with state banks and attracting further funding for its venture capital arm as it looks at future IPOs — made possible in part by a recent surge in Russian retail investors...
...Hungary became the first EU country to administer Sputnik V and Sinopharm after Viktor Orban, its prime minister, said he had studied Belgrade’s programme....
...Less than three years later, Greensill Capital is insolvent....
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