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Tag: sovereign wealth fund

Should private equity own Simon & Schuster?

KKR’s early travails were chronicled in a best-selling book, Barbarians at the Gate, which details the company’s $30bn takeover of RJR Nabisco and the...

Indian electric scooter startup OLA Electric in talks with investors about its $1 billion planned IPO

Ola Electric, a Bengaluru, India-based electric scooter startup, is reportedly gearing up for its highly anticipated stock market listing, according to Reuters, which first...

$496,000,000,000 Sovereign Wealth Fund Says Crypto Investment Had Negative Impact on Its Reputation – The Daily Hodl

Singapore state-owned investment fund Temasek Holdings says that its multi-million-dollar investment in FTX tarnished the company’s reputation. In a new statement from Temasek, the company’s...

More Big Money For AI: Insider Raises $105M

If AI does not lead venture out of its current slowdown, perhaps nothing will. A day after investors flooded $700 million into two...

The Secret Crypto Investments of Kingdom of Bhutan’s $2.9B Sovereign Wealth Fund

According to Forbes, the Kingdom of Bhutan, the tiny Himalayan kingdom known for its focus on Gross National Happiness, has quietly invested millions of...

US Dollar Death? Shark Tank’s Kevin O’Leary Says People Should Get Over De-Dollarization Fears – Here’s Why

Venture capitalist Kevin O’Leary is addressing fears that another currency could rise and usurp the US dollar as the undisputed king in international trade...

Singapore’s GIC Increases Stake in Fintech Pagaya to 9%

Singapore’s sovereign wealth fund GIC has increased its stake in United States-Israeli fintech Pagaya Technologies from roughly 7% to 9%. The details of the...

Philippine Tycoon Gokongwei Eyes Post-Pandemic Recovery With $1.3 Billion Bet On Airline, Hotels And Banks

Billionaire Lance Gokongwei is spending 73.6 billion pesos ($1.3 billion) this year to ready his sprawling conglomerate to reap the fruits of a post-pandemic...

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

According to the papers filed with the court, Alameda Research, the investment division of FTX, has reached an agreement to sell the company’s remaining...

Alameda Research to sell interest in Sequoia Capital to Abu Dhabi for $45M

The latest update in the FTX bankruptcy case comes as a new deal was struck between the defunct cryptocurrency exchange and a company owned...

Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort

press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced...

Singapore Should Stop Beating Itself Up on Crypto Regulations

“Code is law.” Whereas the catchphrase has caught on with the crypto crowd, it has little cache with the crew that truly formulate regulation...

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