Trusts/Funds/Financial Vehicles
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Zopa gains unicorn status as SoftBank leads $300m funding round
British digital bank Zopa is now a billion-dollar company, gaining the coveted unicorn title after raising $300m from major Japanese technology…
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Bitcoin hit a record high and could go further still, analyst says
Bitcoin has risen above $66,000, recording a record high on 20 October, after ProShares Bitcoin Strategy ETF, the first bitcoin-linked…
Read More » - ECONOMY
Bitcoin Price Surges Past $66,000, Reaching New High
Bitcoin hit a new high Wednesday, powered by a wave of buying after the first U.S. exchange-traded fund linked to…
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BlackStone acquires majority stake in shapewear firm Spanx
Blackstone is buying a majority stake in Spanx, becoming the first outsider to put money into a company that revolutionised…
Read More » - ECONOMY
WSJ News Exclusive | Blackstone Buying Majority Stake in Spanx
Blackstone Inc. BX 1.38% is buying a majority stake in Spanx Inc., becoming the first outsider to put money into…
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Kirkland raiding Freshfields’ stars ushers in new era for private equity team
Kirkland & Ellis’s hire of two rising stars from Freshfields last week marks a changing of the guard in the…
Read More » - Stocks
China’s slowing growth and massive debt threaten stock and bond investors worldwide
The uproar surrounding China’s beleaguered Evergrande Group, the world’s most indebted property concern, are distracting from China’s broader debt problem…
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Short-seller Carson Block on GameStop, China and why a market crash could be ‘much larger, much faster’ than ever
Short-seller Carson Block, founder and chief investment officer of Muddy Waters Capital, spoke with Financial News in a Barron’s Live…
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ProShares bitcoin ETF debuts high at NYSE opening
The bitcoin-linked exchanged traded fund, ProShares Bitcoin Strategy ETF, was trading higher on the morning of 19 October but off…
Read More » - ECONOMY
Apollo Targets $1 Trillion in Assets, Aiming to Outpace Blackstone
Apollo Global Management Inc. APO 7.23% said it expects its assets under management to double to about $1 trillion by…
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