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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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Accenture: Global Fintech Investments Plunge in H1 of 2019
August 20, 2019

The US-China trade war took a toll on global fintech investments, which slumped 29% in the first half of the year. According to a report from consulting firm Accenture, fintech…

EU Member States Harder on Crypto Assets
August 17, 2019

Do cryptocurrencies present a more significant risk to individual EU states than to Brussels? It would seem so, because many European countries have implemented crypto regulations that are stricter than…

Negative Interest Rates: Danish Bank Unit Pays Interest to a Borrower
August 17, 2019

For the first time in its history, Realkredit Danmark, a lending unit of the Danske Bank Group, has had to pay out interest on a loan taken by a customer…

Listed Lending Platform Funding Circle Hits $10 Billion in Funds Issued
August 17, 2019

Listed lending P2P platform Funding Circle, headquartered in London, has surpassed the magic figure of $10 billion in funds loaned Launched in 2010, Funding Circle is the first P2P platform…

30-Year Treasury Bond Slumps Under 2% for First Time
August 16, 2019

Markets fear a global recession. The old reliable 30-year bond just hit an all-time low. The 30-year treasury bond just hit an all-time low. While the Dow slumped 800 points…

That iconic Mustang from Bullitt may set a new muscle car record at 2020 auction
August 15, 2019

Mecum’s 2020 Kissimmee auction in January will notably feature the 1968 Ford Mustang driven by Steve McQueen in the movie Bullitt. This would be the first time the renowned car…

Harry Markopolos: GE Operating $38B Accounting Scam
August 15, 2019

Markopolos working with an unnamed hedge fund that is shorting GE Harry Markopolos is an accounting expert reputed for exposing Bernie Madoff’s Ponzi scheme. On Thursday, Markopolos released a 170-page…

Cambridge Taps Tilly Franklin as New Endowment CIO
August 15, 2019

Franklin replaces Nick Cavalla, who left in 2018 for Talisman Global Asset Management. Tilly Franklin is the new CIO of the University of Cambridge’s £3.2 billion endowment fund. The role…

Softbank-Backed Brazilian Fintech Looks to Boost Resources and Innovation
August 15, 2019

São Paulo-based secured lending platform Creditas announced a $231 million funding round on July 10 that values the fintech at $750 million. The funding round is led by SoftBank Group….

Lapis Advisers Pressures University on Technical Default
August 15, 2019

Bethune-Cookman University, in technical default on bonds worth $17 million, is under fire from hedge fund Lapis Advisers, the largest holder of those bonds Lapis Advisers and bond trustee U.S….