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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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Artificial Intelligence: Marty the Robot Hunts for Spills in Supermarket Aisles

Marty the supermarket robot is rather smart. Armed with three high-resolution cameras, computer vision, navigation systems, numerous sensors, and smart AI software, Marty is able to sidestep shoppers and pinpoint spills. Marty is a social robot and the first of its kind to be deployed in a live customer environment in supermarkets.

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Hedge Fund Starboard Value Gets Papa John’s a New CEO
August 27, 2019

Rob Lynch, the Arby’s executive behind the “We have the meats” campaign is the new CEO of Papa John’s International. Hedge fund Starboard Value invested $250 million earlier this year…

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M&A Deal News – August 27, 2019
August 27, 2019

GTCR boosts its AUM, Apollo Considers an Energy Deal, and WeWork buys a rival before its IPO M&A Deal News – August 27, 2019: M&A deal news from around the…

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Preqin Survey: Alternatives investors wary of ‘toppy’ markets
August 27, 2019

According to the Preqin Investor Update on Alternative Assets H2 2019, a rising number of investors believe that equity markets are at a top and likely to correct Preqin, the…

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Peter Thiel’s Founders Fund Exits Stake in Facebook.
August 27, 2019

The Founders Fund, which backed Facebook from its earliest days, has exited its stake in the social media company. The decision was part of a broader plan from the venture…

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World’s Largest Asset Manager: CEOs Should Not Serve on Other Boards
August 27, 2019

BlackRock voted against 94 CEOs who wanted to serve on more than one board outside their company The world’s largest asset manager is taking aim at chief executives who sit…

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The 30-Year Bond Yield Falls Below the S&P 500 Dividend Yield
August 27, 2019

The last time that happened was at the depths of the financial crisis in 2008-2009 Treasury bond yields are plunging because investors are bidding up bond prices in a rush…

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PNC Investments Creates List of Recommended Liquid Alts Funds
August 25, 2019

PNC collaborates with Morningstar on new liquid alts project PNC Investments has launched a recommended list of liquid alternative mutual funds. The broker-dealer arm of PNC Financial is creating the…

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Sumitomo Mitsui Trust Asset Management to Open NYC Office
August 24, 2019

The new office will start with 10 employees and follow the blueprint of its London operations Sumitomo Mitsui Trust Asset Management (SMTAM) will open an office in Manhattan as soon…

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Eisler Capital Plucks Henry Howell from Goldman Sachs
August 22, 2019

A Goldman alum heads to a hedge fund… run by a Goldman alum Eisler Capital, a macro hedge fund based in London, has hired Henry Howell for a new role…

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Industrious – a WeWork rival – Raises $80 in Latest Round
August 22, 2019

The coworking rival just raised money… but the bigger threat to WeWork is profitability in 2020 Industrious, a U.S. coworking firm, announced it has raised another $80 million in a…

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