The Big Picture: Current opportunities in China and LatAm (part I)... [more]B. G., Opalesque Geneva: The MSCI Emerging Markets Index was down almost 12% YTD at the end of May. And hedge funds are not doing much better as the

Life science, healthcare-focused Telegraph Hill raises $525m fifth fund... [more]Matthias Knab, Opalesque: Life science and healthcare-focused private equity firm Telegraph Hill Partners has closed its fifth fund on $525m. The San Francisco, CA-based venture capital and growth equity firm said in a press release that the fund - THP V - will make investments in innovative

Bill Ackman steps up call for rapid Fed rate hikes to quell inflation... [more]Given the inflationary environment, the real GDP faces the risk of falling into negative terrain. Economic variables, however, does not point to a setup for a true recession. The sooner the Fed quells inflation, the better for longer-term bonds and long-term financial assets. More:

Mark Zuckerberg, Facebook say goodbye to their crypto... [more]in this context that Zuckerberg and Meta, parent company of Facebook, Instagram and WhatsApp are abandoning Novi, its service which was supposed to allow people to send money to each other using a cryptocurrency. The announcement was made on the website dedicated to Novi. "The Novi pilot is ending s

Raoul Pal launches Web3 company to tokenize pop culture after $10m funding... [more]Raoul Pal announced the launch of a new Web3 tech company to tokenize popular culture. Tokenization "is potentially the biggest change in business models in a very long time," Pal says. Despite the bear market, venture capital firms invested $3.7 billion in Web3 projects in June. More:

Crypto Update: Singapore evaluates more crypto safeguards after blowups, The crypto firms hit by the sell-off, Scaramucci says FTX CEO Sam Bankman-Fried may have signalled bottom in crypto markets, Fund manager 21Shares slashes fees in face of market collapse, Fund manager 21Shares slashes fees in face of market collapse, India crypto trading volumes plunge 70% as new tax laws kick into effect... [more]Singapore evaluates more crypto safeguards after blowups Steps may include leverage rules, retail participation limits. Assessment follows liquidation of Three Arrows Capital fund. From Bloomberg: Singapore is considering new rules to protect consumers after plunging digital-asset price

… And finally: Great tech!... [more]From Newsoftheweird: On the evening of June 28, at the intersection of Gough and Fulton streets in San Francisco, more than a half-dozen Cruise robotaxis stopped operating as they should and stalled, blocking the intersection for several hours, Tech Crunch reported. The Cruise vehicles were laun