Other Voices: Trends in European venture capital fundraising... [more]By: Edward Lee, James May | Proskauer Rose LLP
Over the last decade, there has been a remarkable growth in European venture capital fundraising, underlining investors' increasing appetite for innovation and entrepreneurial investments in Europe. While we are witnessing a slight slowdown in the p
Hong Kong-listed Wealthink AI-Innovation invests in Tide Capital's hedge fund... [more]Laxman Pai, Opalesque Asia: Hong Kong-listed company Wealthink AI-Innovation Capital Limited issued a statement on the Hong Kong Stock Exchange, declaring its strategic investment in Tide Capital's hedge fund.
Wealthink AI-Innovation Capital Limited stated in the announcement that the inve
TrueBridge Capital Partners raises $1.6bn across five funds... [more]Bailey McCann, Opalesque New York: TrueBridge Capital Partners, a venture capital investment firm, has raised $1.6 billion in commitments across five investment vehicles focusing on venture funds and technology companies: TrueBridge Capital Partners Fund VIII, TrueBridge Seed & Micro-VC II, TrueB
SEC Administrative Proceeding against Hudson Valley Wealth Management and Christopher Conover... [more]Matthias Knab, Opalesque: An administrative proceeding has been conducted by the Securities and Exchange Commission (SEC) against Hudson Valley Wealth Management, Inc. (Hudson) and Christopher Conover. The proceeding was instituted pursuant to Sections 203(e), 203(f), and 203(k) of the Investment
Most life sciences hedge funds suffer losses last month... [more]From Institutional Investor: Life sciences hedge funds snapped their winning streak last month. Most lost money, including several that fell by high-single-digit or low-double-digit rates after posting sharp gains for five straight months. This compares with a roughly 7.5 percent loss for the iShare
How one of the world's oldest hedge funds went bankrupt... [more]From Bloomberg: The order came down from George Weiss, hedge fund pioneer: Sell. Sell it all. The fund was closing, he said, near tears, to a group of portfolio managers over Zoom. Employees were floored.
After 46 years, his eponymous investment firm - founded in 1978, when the Dow was bumping a
Crypto investment firm BlockTower Capital suffers losses in hack... [more]From Bloomberg: Crypto retail investors have often been the victims of hacks and scams within the industry. Now a major investment firm is on the receiving end.
BlockTower Capital's main hedge fund has been compromised and partially drained by fraudsters, according to people familiar with the ma
Away from Citadel Securities and Jane Street, another prop trading firm... [more]From eFinancial Careers: Citadel Securities and Jane Street may be booming, but they are not the only players in the electronic trading world.
London-based Maven Securities is hiring and has recently expanded with a new larger London office and grown in both Chicago and Monaco. It employs 350
Hedge fund headhunters are making a fortune... [more]From eFinancial Careers: If you're a headhunter placing the sorts of portfolio managers that major hedge funds are competing to hire, you can make good money. Very good money. If you actually get paid.
As we reported not so long ago, Eisler Capital, the self-styled "intellectually honest" hedg
'Worst fear': Archegos witness recalls moment that doom appeared... [more]From Bloomberg: The sun had already set on March 25, 2021, and Bill Hwang's banks were still awaiting explanations.
Some had issued margin calls to his private investment firm, Archegos Capital Management, as its multibillion-dollar bets started souring. But despite assurances from Archegos staf
SPACs: New study shows unique findings on SPAC-IPO filings... [more]SPAC-IPO filings are more successful in financing when they openly communicate the uncertainty associated with their future acquisitions.
SPACs that disclose the risks and uncertainties of their business strategies are likely to gain more trust from investors. More:
Commodity: Asian central banks to continue gold purchasing... [more]From Finance Asia: Annual demand of gold in 2023 fell by 5%, compared to that in 2022, to 4,448 tonnes, excluding over the counter OTC transactions.
Within these changes, central banks contributed to 1,037 tonnes of the gold demand last year, the second highest on record, according to statistic
Currency: Hedge funds rush to cover euro short bets ahead of US inflation... [more]From Bloomberg: Currency traders are positioning for a stronger euro, betting softer US inflation will bring the outlook for monetary policy on both sides of the Atlantic closer in sync.
Demand for options that pay out if the common currency strengthens against the dollar over the next week rose
Tech: AI will 'help solve regulatory problems' for advice industry... [more]From Professional Adviser: Artificial intelligence (AI) is a powerful tool that can help save time and solve "regulatory problems" for the advice industry, according to Schroders.
Speaking at Schroders' Manchester Investment Conference today (14 May), head of UK public policy Rich Fox told deleg
MENA: Point72, State Street, Blue Owl join race to Dubai... [more]From Financial News: Point72, State Street and Blue Owl Capital have joined a host of leading finance names setting up shop in the Middle East, as an influx of talent to the region continued in the first quarter.
There are now 370 wealth and asset management firms registered in the Dubai Intern
Study: Insurers' bet on private lending is growing... [more]From PIonline.com: Insurance companies have spent more than a decade trying to find returns in private markets, during a historically low interest rate environment.
But even as interest rates have rebounded, insurers are still more willing to take on illiquid risk as they embrace newly evolved
Family Offices: Internal threats pose underappreciated risks to family offices... [more]From Institutional Investor: Not enough family offices are focused on internal risks that could upend their operations, according to a report by the law firm Dentons.
While family offices are zeroed in on mitigating investment risks and improving cybersecurity, risks stemming from their own tea
Activists: Activist Jana Partners built position in QuidelOrtho in first quarter... [more]From Reuters: Activist investor Jana Partners built a new stake in U.S. diagnostics company QuidelOrtho (QDEL.O), opens new tab during the first quarter, sources familiar with the hedge fund's position told Reuters.
It is unclear whether the hedge fund will seek changes at the company, which mak
And, finally: Now That's Commitment... [more]On May 7, at least one voting precinct in India had 100% turnout, AFP reported. Banej, in the protected Gir forest, is the home of Mahant Haridas Udaseen, a 42-year-old Hindu monk who is its only inhabitant. India is trying to reach every voter, so a team of 10 people were required to travel for two
Criminals continue to fleece high net-worth individuals and family offices through sophisticated scams that involve elaborate presentations, fake companies and websites, and fraudulent documents that appear credible.
We've documented three cases that describe the highly sophisticated, complex structures and cunningly designed processes which ultimately lead to straightforward investment fraud. This has
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.