Hints and tips:
...“These guys have built their models on high-volume, high-velocity investors — now they are a prisoner to the capital cycle,” said a partner at a venture fund with more than $4bn under management....
...“Do we have escape velocity? Or will we be crushed like a bug?” Zennström recalls asking himself....
...Of course we allocate capital, but that capital allocation is mostly operational....
...The deal for Finback to buy a stake in Gideon fell apart in late 2020 when commercial terms could not be agreed, according to three people with knowledge of the discussions....
...The owners and managers of the True Confidence, who purchased the vessel just days ago from US private equity group Oaktree Capital, gave details of the deaths and injuries in a statement on Thursday....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...KKR last month told investors that lending to high-rated companies was part of a $40tn opportunity amid a “structural shift away from the traditional commercial banking model.”...
...Unhedged: What do you make of the anxiety surrounding commercial real estate and regional banks? Does it make sense as an investment opportunity?...
...In a further sign of support, the Chinese capital has started road-testing unmanned police patrol vehicles....
...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....
...“We have strict safeguards to prevent the theft of our confidential commercial information and trade secrets,” Google said in a statement....
...Moody’s has cut New York Community Bancorp’s credit rating to junk, citing “high governance risks” and the potential for commercial real estate losses to create “confidence sensitivity”....
...Blackstone took control of the trust in 2013 and two years later dramatically expanded it with the purchase of a $4.6bn portfolio of commercial mortgage loans from GE Capital....
...The latest efforts include cuts to several policy interest rates and rule changes letting commercial property developers borrow to pay off old debts....
...Ola Electric also aims to produce electric cars and has been designing batteries that it hopes to put into commercial production this year, after missing Aggarwal’s previous 2023 deadline....
...He joins from technology-focused private equity firm True Wind Capital. EQT has hired Maarten de Jong and Mark Braganza to its private capital healthcare team, based in London....
...Start-ups are fielding calls from venture capital providers, pension funds, nuclear engineering companies and, of course, oil and gas groups....
...Scientists estimate that commercial fusion will require reactions that generate between 30 and 100 times the energy in the lasers....
...Smart reads Debt demolition Commercial real estate lending has fallen to dangerously low levels, threatening a rise in defaults on expiring debt and a near freeze in new construction, The Wall Street Journal...
...It takes advantage of the capital that's out there....
...That is how Steve Jacobs, head of the Deep Tech investing team at Lakestar, the European venture capital fund, sees it....
...But Swiss Re Corporate Solutions America, part of the group’s commercial insurance arm, has agreed to provide cover for claims of up to $20mn to Buckskin Mining Company, valid from March 2023 until March...
...HSBC, which acquired SVB’s UK commercial banking unit, has separately hired 40 US-based SVB commercial bankers, a move that has prompted a lawsuit from First Citizens Bank, the North Carolina institution...
...Such reservations made it difficult for the CPUC to decide if Waymo and Cruise could operate commercial services, 24/7, with paying passengers....
...Loeb also pointed to the backing of Amazon, which has ordered 100,000 commercial delivery vehicles from Rivian....
International Edition