Cove Capital acquires 83-unit build-to-rent community in San Antonio debt-free
Los Angeles, CA – Cove Capital Investments has completed the purchase of an 83-unit build-to-rent residential community in San Antonio, Texas, finalizing its Cove Texas Build-to-Rent 97 Delaware Statutory Trust (DST) offering.…
MARGS, THE AWARD-WINNING, READY-TO-DRINK, CANNED MARGARITA ANNOUNCES $3M INVESTMENT FROM LAB CAPITAL ADVISORS
NEW YORK, May 4, 2022 — MARGS, the ready-to-drink, bold and refreshing canned margarita, which launched last year, has just announced that Lab Capital Advisors is investing $3M in the award-winning beverage brand.…
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations Laurel Duggan on May 3, 2022 Manhattan Institute senior fellow Christopher Rufo laid out his game…
U.S. Marshals Offers Rewards up to $10,000 for Escapee Wanted for Capital Murder and Endangered Correctional Officer
Birmingham, AL – The U.S. Marshals Service is offering up to $10,000 for information leading to the capture of an escaped inmate from Lauderdale County Jail, and the location of a missing…
Sanctuary Wealth Continues to Expand NY Metro Footprint with Addition of Questar Capital
Veteran team with $850 million AUM joins from UBS INDIANAPOLIS, April 29, 2022 — Sanctuary Wealth, home to the next generation of elite advisors, continues to build its national presence in the…
China’s Xi vows stronger antimonopoly efforts, healthy capital market
BEIJING -Chinese President Xi Jinping said the nation should strengthen its antimonopoly efforts and prevent a disorderly expansion of capital, the official Xinhua news agency reported on Saturday. Xi called on Friday…
Yellen urges development banks to mobilize private capital for G7 infrastructure push
By Andrea Shalal WASHINGTON – U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of a concerted…
Analysis-Globalised yuan complicates Beijing’s bid to stem capital flight
By Samuel Shen and Alun John SHANGHAI/HONG KONG – This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan assets mean…
Four Charged In Connection With Multi-Billion Dollar Collapse Of Archegos Capital Management
Damian Williams, the United States Attorney for the Southern District of New York, Deputy United States Attorney General Lisa O. Monaco, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Field…
Explainer-Why Archegos Capital was in U.S. regulators’ blind spot
By Michelle Price (Reuters) – U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market manipulation over the meltdown of his New York family office which…
Capital One Reports First Quarter 2022 Net Income of $2.4 billion, or $5.62 per share
MCLEAN, Va., April 26, 2022 — Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2022 of $2.4 billion, or $5.62 per diluted common share, compared…
Credit Suisse has no plans to raise capital – source
ZURICH – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters on Wednesday, after the Swiss bank reported a dip in capitalisation. As the…
Panic Buying Grips China’s Capital As Residents Fear Another Shanghai-Esque Lockdown
Panic Buying Grips China’s Capital As Residents Fear Another Shanghai-Esque Lockdown Philip Lenczycki on April 26, 2022 Panic buying and hoarding has gripped China’s capital city as fears of a hard lockdown…
China needs open capital markets for yuan to be global currency, IMF’s Gopinath says
By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International Monetary Fund’s…
Six people killed in blast at restaurant in Somalia’s capital -ambulance official
MOGADISHU -Six people were killed on Friday by a blast at a seaside restaurant in Somalia’s capital Mogadishu, an ambulance service official told Reuters. “So far we have carried six dead civilians…
Melvin Capital to shrink after GameStop losses -source
(Reuters) – Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March, aiming to become more nimble to seek better returns,…
African startups drew record $5.2 billion in venture capital last year – industry group
JOHANNESBURG – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according to data…
Deutsche Bank investor Capital Group sells most of big stake – Filing
FRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official the name of the seller, which Reuters…
Golub Capital Acts as Left Lead Arranger and Administrative Agent on $1.3 Billion Unitranche to Support CVC Capital Partners’ Acquisition of Majority Stake in Radwell International from Greenbriar
NEW YORK, April 5, 2022 — Golub Capital acted as Left Lead Arranger and Administrative Agent on a $1.3 billion unitranche facility to finance CVC Capital Partners’ (“CVC”) acquisition of a controlling interest…
VC firm Sequoia Capital names Botha as global leader
(Reuters) – Venture capital giant Sequoia Capital said on Monday Roelof Botha will take on the firm’s global leadership position, stepping into the role of senior steward from July 5. Veteran investor…
Capital One Financial Corporation to Webcast Conference Call on First Quarter 2022 Earnings
MCLEAN, Va., April 1, 2022 — On Tuesday, April 26, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its first quarter 2022 earnings results. Additionally, the…
S&P Global ratings ups Saipem to ‘BB’ from ‘BB-‘ on planned capital hike
MILAN – S&P Global ratings said on Friday it had raised Italy’s Saipem to ‘BB’ from ‘BB-‘ on the energy services group’s 2 billion euros ($2.21 billion) capital hike planned for this…
Chinese capital sees energy consumption peak, weaned off coal by 2035
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes of standard…
Capital One Becomes Official Partner of Major League Baseball and Presenting Sponsor of the World Series
To celebrate the passion of baseball fans, Capital One will provide customers access to new and exclusive benefits straight from America’s pastime MCLEAN, Va., March 28, 2022 — Today, Capital One announced…
Philippines on alert as volcano near capital spews more plumes
MANILA – A small but restive volcano near the Philippine capital Manila ejected two more plumes on Sunday, indicating continued eruption and prompting authorities to urge residents to stay out of harm’s…
Exclusive-Sierra Space taps Boeing veteran as CFO after hefty capital raise -sources
By Eric M. Johnson SEATTLE – Months after receiving a major infusion of capital, Sierra Nevada Corp’s space unit, Sierra Space, has tapped a veteran Boeing Co executive to helm its finances…
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