...Mumbai office, without sharing a time line for the latest round of fund raising. The climate-focused asset manager plans to tap new investors as well as the existing backers for its second fund.
is on the hunt to take stakes in other insurers and asset managers in the US and Asia after it agreed to its biggest-ever M&A deal ... “We need to pursue further growth overseas,” Managing Executive ...
Millennium said in a countersuit filed earlier this week that it has been trading in India for years, noting that it received regulatory approval in 2016 to hold Indian securities and other financial assets as a foreign entity.
The focus for 2024 is to execute a successful sale of the assets while maintaining a social license to operate at the fully permitted La IndiaProject...The Company's principal asset is La India ...
The book value of the assets being sold, at September 30, 2023, was R69.4m. Opportune Investments chief investment officer ChrisLogan said it was “great that they have managed to sell at a reasonable price”.
Meanwhile, the capital fund is a “closed-end investment vehicle.” Specifically, it specializes in fine wines and is overseen by WIVX Asset Management... The number of real-world assets (RWA) being onboarded is rising.
The recent cut marked a new low for China's holdings of such assets not seen since March 2009... "Appropriate holding reduction of US assets is useful for China to manage relevant risk exposure.
Management remains confident of sustaining consistent growth of 20% over the medium term ... With leverage now at 0.6x, the management aims to scale up its operations by launching more projects on its existing land parcels, it added.
Spot Bitcoin exchange-traded fund (ETF) inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data ... The hedge fund led by billionaire Izzy Englander has more than $64 billion in assets under management.
Logistics and supply chain management company Transport Corporation of India (TCI) plans to acquire two cargo ships worth $35-40 million in the current fiscal to bolster its seaways business. TCI ...