Investments
Types of investments
Top Story
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while the ROCm 6 open software stack introduces new features supporting Large Language Models (LLMs). Additionally, the Ryzen 8040 Series processors come equipped with Ryzen AI capabilities.
Get Daily Updates
Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.
More Stories on Investments
Alts Fund Highland Capital Management Entity Files for Chapter 11
Highland Capital Management announced that one of its investment adviser entities has filed for Chapter 11.
The news comes after a long-winded battle with investors, according to court filings.
Bank of Canada Mulling a Digital Currency That Would Be Police-, and Tax-Friendly
According to The Logic, the Bank of Canada may be toying with the idea of issuing its own digital currency. One key, but a rather ominous advantage of a national digital currency listed in the presentation, is the sharing of personal information with the law enforcement or tax authorities.
Latin American Payments Processor EBANX Achieves Unicorn Status
Brazil-based fintech and payment processor EBANX is a newly-minted unicorn.
EBANX, which enables transactions between global companies and Latin American commerce, received a “significant” investment from FTV Capital.
AI In Toyota’s New LQ Concept Will Deliver a Personalized Mobility Experience
Toyota’s automated driving technology in its new “LQ” concept vehicle will build an emotional bond between car and driver. The LQ concept car from Toyota will have automated driving capabilities as well as Artificial Intelligence Agent “Yui.” Yui is a powerful AI-powered interactive agent. It trains itself through interactions with the driver and his facial…
Big Reveal by Dallas Fed President: Fed “Actively Looking at and Debating” a Digital Currency
In a significant disclosure, Federal Reserve Bank of Dallas President Rob Kaplan said the Fed is “actively looking at and debating” issuance of a US digital currency. The Fed could be mulling a US digital currency on fears that an upstart cryptocurrency could gain global adoption. The new currency may dislodge the US dollar from…
US VC Funding and Fintech Deals Dip In Q3
US venture capital and fintech funding both declined in Q3 of 2019 compared to the previous quarter.
According to a CB Insights MoneyTree report US VC capital funding declined 15% while Fintech funding declined by 27%.
Abu Dhabi Launches First-of-Its-Kind University of Artificial Intelligence
The Mohamed bin Zayed University of Artificial Intelligence, the world’s first dedicated AI University, was launched Wednesday in Masdar City.
The Mohamed bin Zayed University of Artificial Intelligence is an all-new graduate-level AI research institution in Abu Dhabi.
The University is currently accepting applications for its first Masters and Ph.D. programs, and classes will commence on September 2020. It offers a Masters of Science degree, which takes two years to complete, and a Ph.D. program of four years duration.
Ex-CFTC Heads Warn of Digital Challengers; Propose A Blockchain Dollar
Could a new-fangled digital currency move the US dollar’s cheese? “Complacency in the face of this threat risks lasting damage to the U.S. economy,” warn the former CFTC officials.
In an op-ed for the Wall Street Journal, J. Christopher Giancarlo and Daniel Gorfine recommend a digital blockchain dollar. They say that recent developments in digital currencies threaten the dollar’s pre-eminent status as a global reserve currency.
New KKR Leadership in Americas, Europe, and Asia Pacific
KKR leadership changes occurred this week. The private equity giant promoted six people (in three pairs) to lead the firm’s private equity businesses in the Americas, Europe, and Asia-Pacific.
London Stock Exchange Group Hires Tadashi Tago – (And Other People on the Move)
London Stock Exchange Group picks Bloomberg Leader for New Role in Japan The London Stock Exchange Group (LSEG) hired Tadashi Tago to the role of information services in Japan. Tago comes over from Bloomberg, where he ran the company’s index and analytics business. A report from The Trade indicates that Tago joined October 7. He will…
Commercial Observer Releases List of Top Multifamily Markets
Commercial Observer is out with a new report from Arbor Realty Partners titled Top US Markets for Multifamily 2019. The report examines how multifamily markets have fared over the past year. It also explores high-demand markets moving forward.
Saudi Arabian Venture Shop Aims for a Second $500 Million Fund
A Saudi Arabian venture capital firm is looking to raise money for a second $500 million fund. STV, which backed Careem Networks, is exploring options for its second fund.
A “Shocking” End to Neil Woodford’s Flagship Fund
Neil Woodford is out as manager of the fund he founded. And now, the fund will shut down. Fund administrators closed the fund and said it was not in the best interest of investors to keep it open. Due to financial regulations, investors will not receive their capital back until mid-January 2020.
Liquid Alternatives: The Waypoint All Weather Liquid Alternative Mutual Fund
Toronto-based Waypoint Investment Partners launch their first liquid alternative mutual fund.
The Waypoint All Weather Alternative Fund is a defensively-oriented mutual fund. It combines a portfolio of capital distributors and capital compounders with a put option overlay to shield from market drawdowns.
Blackstone Group May Employ Hostile Takeover with Unizo Holdings
A hostile takeover of Unizo Holdings may happen. And the buyer could be alternative asset manager Blackstone Group. The private equity giant seems very determined to close a deal to buy Japanese based hotel and real estate development firm.
Bitcoin ETFs and SEC: ‘Last Man Standing’ Wilshire Phoenix Amends Bitcoin Filing
The Wilshire Phoenix Bitcoin ETF has amended its Bitcoin ETF Filing with the SEC.
The SEC has invited public comments on the bitcoin exchange-traded fund proposal filed by Wilshire Phoenix Bitcoin ETF. This action follows a revised filing by the fund and NYSE Arca on October 4.
Private Equity Giant Thoma Bravo Eyes $15 Billion Fund in 2020
Thoma Bravo, the Chicago-based, software-focused private equity shop, is considering a megafund. Bloomberg reports the PE firm wants to establish a $15 billion megafund in early 2020.
LGT Capital Partners Announces Close of $1 Billion Asian Fund
LGT Capital Partners announced the successful raise of $1 billion. The Swiss alternatives manager will allocate the capital to its fourth private equity fund in the Asia-Pacific region.
Peter Thiel and Others Pony Up $50M for Wind and Solar Powered Crypto Mining in Texas
Layer1 is building a chips-to-substation crypto mining facility in Texas that will run on renewable energy.
Never mind that crypto mining is best undertaken in cool climes – Iceland, for instance. But Layer1 has an ace up its sleeve – a proprietary new technology for cooling the chips that mine cryptocurrencies. So the Layer1 crypto mining facility lies 150 miles west of Midland, Texas.
Is a WeWork Bailout on Tap?
A WeWork bailout could be coming from JPMorgan or Softbank. Two weeks after the office-sharing giant pulled its IPO, its cash position has deteriorated. CNBC reports that the two banks are examining a plan to offer debt and equity to WeWork.
Revolut Swings for the Fences; Plots $1.5B Fundraise
Revolut, the European challenger bank, prized fintech, and uber-hot unicorn, wants $1.5 billion.
Revolut’s fundraise, if successful, would achieve two momentous feats: A company valuation of $5 – $10 billion, and entry into the select club of startups that managed to raise $1 billion or more in a single funding round.
Auriga Launches WWS AI For Advanced Banking Insights
Bankers can now get an Artificial Intelligence-led insight into their banking operations with the help of Auriga’s new WWS AI module. Auriga’s WWS AI module is a component of its WinWebServer omnichannel banking software suite.
Baker McKenzie: Prepare for a Downturn in M&A
The Chicago-based law firm issues its key projections for 2020 Baker McKenzie released its latest report, Global Transactions Forecast 2020: Powering Through the Downturn. The report addresses topics around M&A trends, IPO growth, and global GDP in 2020. This report examines M&A markets around the world and lays out the firm’s projections for 2020. Baker…
John Lidington Will Co-Manage Man Numeric’s Liquid Private Equity Strategy
Man Numeric have appointed John Lidington as co-portfolio manager of its liquid private equity strategy alongside existing portfolio manager Charles Liu.
Liquid private equity may sound like a contradiction in terms. However, Man Numeric invests in small, listed companies that mimic the profile of a typical private equity portfolio.
Therefore, the strategy seeks to generate returns (and carry risk) similar to that of a buyout fund. However, the investor gains from vastly better liquidity and much lower costs.