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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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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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Deutsche Bank Joins JPMorgan Blockchain Project
September 18, 2019

The project now serves 320 banks around the globe on cross-border payments The JPMorgan Blockchain Project just got another big player in the blockchain game. Deutsche Bank has joined JP…

Adam Farkas to Join AFM in Europe (and More People on the Move) – September 18, 2019
September 18, 2019

Adam Farkas is the next CEO of the Association for Financial Markets in Europe. The Association for Financial Markets in Europe has announced its replacement for Simon Lewis. Adam Farkas,…

SEC Charges Jay Daniel Seinfeld and Social Worker on Fraud Scheme
September 17, 2019

SEC Issues Investor Warning after Seinfeld Defrauds Terminally Ill Jay Daniel Seinfeld used a fake charity to defraud terminally ill patients out of their money. Let that one sink in…

Sony Rejects Loeb’s Proposal to Spin Off the Semiconductor Business
September 17, 2019

Sony rejects Loeb’s proposal to spin off the semiconductor business. President and CEO Kenichiro Yoshida wrote to shareholders today saying the company intended to retain the business Backed by the…

Department of Justice Slaps Three Traders with RICO Charges
September 17, 2019

JPMorgan – AKA Bank A – Traders Charged with Market Manipulation The Department of Justice just made JPMorgan’s public relations team buy a lot of headache medication. Two JPMorgan precious…

A Blackstone Bellagio Deal Is Looking More Likely
September 17, 2019

Blackstone (BX is on a buying binge in recent weeks. A Blackstone Bellagio deal? Why not? Just a day after announcing the $4 billion buyout of Dream Global Real Estate…

The Goldman Sachs Shakeup Continues (And More People on the Move)
September 17, 2019

Goldman Chief Risk Officer Robin Vance is the latest executive to depart the firm Goldman Sachs Group has announced the departure of another high-profile executive. According to Reuters, Robin Vance…

Blackstone to Purchase Dream Global REIT for $4.7 Billion
September 16, 2019

Deal Makes Blackstone a Big Player in Europe’s Recovering Real Estate Markets Dream Global REIT said Blackstone-managed funds will buy the Canadian firm for C$6.2 billion ($4.69 billion). Blackstone will…

SEC Hits Stifel and BMO Capital with Big Fines
September 16, 2019

Firms provided incomplete or inaccurate data to the agency Stifel Nicolaus will pay $2.7 million, while BMO Capital Markets will pay $1.95 million to settle charges with the SEC. The…

Thomas Piketty Calls for “Inheritance for All”
September 15, 2019

Progressive Economist Seeks Policies to “Overcome Capitalism” French economist Thomas Piketty has released a new book called “Capital and Ideology.” So, look out hedge fund managers and would-be billionaires. Piketty…