NewsEach 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.
Emission-Free Friday: Here are the Latest Funds to Push for Carbon Neutral
Carbon emissions dominated the headlines this week. The European Commission has announced an ambitious plan to shift toward a green economy and make the EU carbon-neutral in the year ahead. The plan will cost at least one trillion euros over the next decade, require 25% of the EU budget, and involve a mix of private and public funds. EU chief Ursula von der Leyen called the project unprecedented.
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Colony Industrial, the massive warehouse division of Colony Capital, now has a new owner. According to reports, Blackstone Group has purchased the warehouse group for $5.9 billion.
The Chicago Municipal Employees’ Annuity & Benefit Fund has appointed Dennis White as the new executive director of the $3.8 billion fund. White will replace Jim Mohler, who recently left the fund…
AC Milan, the Italian football giant, is back on the sales block. According to multiple reports, hedge fund Elliott Management may sell the club to French billionaire Bernard Arnault by…
Ant Financial and Bayer Crop have signed an LOI to develop a blockchain-powered platform to monitor agricultural production jointly. The new system will boost efficiencies in agricultural production. It will…
Sovereign investors are ramping up their environmental, social and governance (ESG) investments. A new study by Invesco shows that two-thirds of sovereign funds are considering these socially conscious investments.
A new YouGov survey suggests that more Americans than ever are learning about cryptocurrencies. The survey shows that 81% of Americans have heard of at least one cryptocurrency.
On November 29, 2018, the Secretary-General constituted a 17-member task force on Digital Financing of Sustainable Development Goals.