Hints and tips:
Fund group received $45mn from Sam Bankman-Fried’s crypto venture in September
...Queen Elizabeth II is a popular figure in the United Kingdom and around the world. She is known for her sense of duty and her commitment to public service....
...Bridgewater offers different flavours of its strategy and we don’t know how much of its estimated $150bn of assets under management are in Pure Alpha, the more leveraged Pure Alpha II, its risk parity funds...
...Carvana was built out of DriveTime, an Arizona used-car business owned by Ernie Garcia II, and pitched itself as the digital disrupter of anachronistic used-vehicle dealerships....
...(Bloomberg) — Euro crisis II (Philosophy of Money) — Is this actually a good market for stockpickers? (Indexology) — Why wasn’t the steam engine invented earlier?...
Deal continues billionaire Sam Bankman-Fried’s recent efforts to support cryptocurrency market
Anthony Scaramucci says FTX backing means ‘people don’t think you’re going out of business’
...So far, the mainstream financial services industry has been spared any knock-on effects of the carnage in crypto markets....
...II. Her gaze had first met Black’s in 2008 at a Manhattan house party. Guzel Ganieva, who described the event in court filings, was invited by someone she knew from modelling....
...Race Capital II, LP . . . Lifelike Capital [ridiculously minimalist website award winner] . . . ....
Anthony Scaramucci’s fund of hedge funds was down about 7.5% last year
...In December 2014, Mr Smith donated all the income he had accumulated offshore, some $200m, to a charitable foundation he runs, the Fund II Foundation....
...The Grade II*-listed 1820s home sold for about £95m, according to people familiar with the purchase....
...“We think this model is perfect for the Mifid II environment.”...
...The changes are a victory for corporate lobby groups, who have argued Institutional Shareholder Services and Glass Lewis wield too much power in battles over corporate governance....
...Glass Lewis has launched a pilot service offering companies a right to reply....
...Europe’s Mifid II rules are inexorably reshaping its fragmented market for exchange-traded products — and humans are being phased out....
...Lyft, the ride-sharing service, on Friday unveiled its float, which is expected this month. Uber, the company’s rival, is planning to list later this year....
...All of this puts serious doubts on Vision Fund II....
...Costs have been on the rise too, including £5m of annual expenses for complying with Europe’s new Mifid II rules....
...Bob Diamond will step up the pace of niche financial services acquisitions as he builds an eclectic portfolio of investments for his Atlas Merchant Capital fund....
SkyBridge partner and ex-Trump aide seeks hardship fund for retailer’s former workers
...The effects of Mifid II are not confined to Europe according to the Greenwich survey....
...As Lex writes: "Big financial services companies are tired of this non-bank behaving a lot like a bank."...
...Meanwhile, the requirements of Mifid II, which demands greater transparency in the actual costs of trading, are concentrating fund managers’ minds like never before....
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