News

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.

Top Story

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.

Read more

Get Daily Updates

Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.

  • This field is for validation purposes and should be left unchanged.

Jana Partners May Push for Bloomin’ Brands to Sell
August 30, 2019

Activist fund discloses new stake in Outback Steakhouse Owners Jana Partners disclosed a 9% stake in Bloomin Brands (NASDAQ: BLMN) on Friday. Barry Rosenstein’s shop is one of the most…

Leading global macro fund to launch $1 billion crypto fund for institutions
August 30, 2019

Elwood Asset Management, backed by billionaire Alan Howard, will launch an institutional crypto hedge fund that could raise as much as $1 billion Elwood manages the personal crypto assets of…

Ray Dalio: An Economic Downturn Could Lead to Depression-Like Conditions
August 30, 2019

Ray Dalio, the founder of Bridgewater Associates, the largest hedge fund in the world, has painted a grim picture of current economic conditions Writing on LinkedIn, Dalio said a trifecta…

Baton Systems Raises $12 Million in Series A Round
August 30, 2019

Trinity Ventures leads round with participation from Alsop Louie and Commerce Ventures Baton Systems has raised more than $12 million. The provider of high-speed, blockchain-inspired, bank-to-bank payments infrastructure, aims to…

Google parent Alphabet forays into ‘tech-enabled infrastructure’ with Ontario Teachers
August 30, 2019

Alphabet, its subsidiary Sidewalk Labs LLC, and Ontario Teachers’ Pension Plan join in setting up an infrastructure holding company The new firm, Sidewalk Infrastructure Partners (SIP), will invest in projects…

SEC Fraud Charges: Cambridge Capital Group Advisors, Broad Reach Capital, San Diego-based ANI Development
August 30, 2019

NFL Fraud, Covering that Amex Tab, and a Scam Involving Booze in California SEC fraud charges are more common than you think. On Thursday, the SEC has charged multiple parties…

SEC Charges Michael Hild for Fraud
August 30, 2019

Charges spawn from a complex bond pricing scheme Michael Hild, founder and CEO of Live Well Financial, faces charges for running a $140 million bond scheme. The U.S. Attorney’s Office…

ThoughtSpot, an AI-powered, Data Analytics Startup, Raises $248 Million
August 29, 2019

The latest funding round takes Thoughtspot’s valuation to $1.95 billion and total funding to $554 million Thoughtspot, which was founded in 2012 by Indian-origin tech entrepreneurs, is a US-based data…

Alto Receives Seed Funding from Family Office
August 29, 2019

Alto wrapped up a $5.4 million seed fund round led by led by Jefferson River Capital, the family office of Tony James, Executive Vice Chairman of Blackstone Also participating in…

Shanghai: 2019 World Artificial Intelligence Conference
August 29, 2019

The Shanghai expo on artificial intelligence commenced Thursday with plenty on the cards: A debate between Jack Ma and Elon Musk, deal-making and networking The highlights of the conference so…