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Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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Venture Capital: Call for UK Government to Support Startups During the Coronavirus Crisis

The Save Our Startups (SOS) campaign launched in the UK on Sunday. It aims to mobilize financial support for the 30,000 startups and high-growth businesses in the country, many of whom may not be covered by the government’s Coronavirus Business Interruption Loan Scheme (CBILS). (Sifted) The CBILS will provide financial support to small and medium-sized business firms (SMBs) during the pandemic. However, a large number of startups may not qualify as they have not yet reached the stage of profitability. A large number of prominent tech personalities vouched for the campaign.

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Fed Governor Michelle Bowman Talks Community Banking
October 7, 2019

Fed Governor Michelle Bowman spoke at the opening of the” Community Banking in the 21st Century” 2019 Community Banking Research and Policy Conference sponsored by the Federal Reserve System this…

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Private Equity Giant KKR Announces Special Situations Fund III
October 7, 2019

Private equity giant KKR & Co wants to raise $1.5 billion for its third special situations fund. Reuters reported the June registration of KKR Special Situations Fund III. The private equity…

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Hedge Fund Manager David Tepper Lays Out Family Office Plan
October 7, 2019

David Tepper, the billionaire hedge fund manager, will soon return capital to investors as he shifts toward a family office. However, Tepper will continue to manage money for 15 lucky…

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Federal Reserve’s Harker: The Fed Will Have a Digital Currency (One Day)
October 7, 2019

Digital currency may come to the Federal Reserve in the future. Philadelphia Federal Reserve President Patrick Harker expects that the U.S. central bank will begin issuing a digital currency.

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John McAfee Invents Something on Blockchain
October 7, 2019

McAfeeDex is poised to launch on Monday. Bitcoin advocate John McAfee announced the launch of his latest crypto project on Friday.

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Elizabeth Warren: Everything is Wrong with Private Equity, Everything
October 6, 2019

The “Elizabeth Warren War on Private Equity” hit a new stride after the Democratic candidate took aim at PE firms that own or back for-profit colleges. Recently, Senator Warren (D-Mass)…

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Peter Thiel’s VC Firm is Suing “Winnie Cooper’s” Sister
October 5, 2019

Crystal McKellar played Becky Slater on The Wonder Years. Her older sister is Danica McKellar, who played Winnie Cooper. And today, she faces a breach of contract lawsuit from Peter Thiel’s…

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Mall REITS Reeling after Forever 21 Bankruptcy
October 4, 2019

Forever 21 is just the latest retailer to file bankruptcy and announce a wave of store closings. The news will impact Real Estate Investment Trusts that own mall properties (Mall REITs).

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Waratah Capital Advisors’ New Liquid Alternative Mutual Fund
October 4, 2019

The Waratah Alternative Equity Income Fund gives investors access to one of the Group’s flagship strategies and star portfolio manager Jeannine LiChong. The Waratah Alternative Equity Fund is the firm’s…

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Mutual Fund Giant Vanguard to Test P2P FX Trading with Blockchain
October 4, 2019

Mutual fund giant Vanguard Group has started testing a peer-to-peer FX trading platform. The experiment is part of a partnership with Symbiont.

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