Fund Executive Scott

Gary Wang, a Top FTX Executive, Is Given No Prison Time

Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.

Tech - The New York Times - 3 days ago

Long-term asset funds: a new route to private markets?

UK catches up with the US retail market, but investors need to be aware of liquidity constraints

World - Financial Times - October 25

Millennium considers launching first new fund in more than three decades

Fund would invest in less liquid assets including private credit

Business - Financial Times - October 25

Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.

Business - The Wall Street Journal - October 25

'My £250 Child Trust Fund is now worth only £12'

Max Prince was shocked to discover that surprise fees had left him with just £12.39 in his trust fund.

This Hedge Fund CEO Extols the Virtues of Challenging Conversations in the Workplace

Robyn Grew, the first woman and openly gay CEO of Man Group, says its diversity is an advantage.

Business - Inc. - October 28

Voters in Liechtenstein withdraw state funding from the country's public radio broadcaster

Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubt

World - ABC News - October 28

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - Financial Times - October 29

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

Republicans unveil emergency bill to fund tapped-out disaster loan program

Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...

Politics - The Hill - October 29

In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas

Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.

Top stories - The New York Times - October 30

Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB

Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warming

World - Financial Times - October 31

New York semiconductor site picked for $825 million in funding

U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centers

Tech - ABC News - October 31

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up