In The News
With Fund XI, JMI appears to be tapping into key themes of last year’s vigorous fundraising market. One of them is a faster pace of fundraising.
Small-cap growth stocks have dropped far from their highs, leading some to wonder if they’re now bargains. The answer is no, says TheStreet.com columnist Mark Hulbert.
Star Mountain Capital has hired Dennis Duerst, former president of 3M Investment Management Corporation, as a senior advisor.
Fidelity International is expanding the investment universe of its Emerging Europe, Middle East and Africa fund to include global emerging markets as it becomes part of the asset manager’s sustainable fund range.
Just days before two legislative committees are set to hear a bill that would require the Maryland pension system to consider climate change as a financial factor when making investment decisions, environmental groups have released a study showing that the state has sacrificed millions of dollars in potential returns by investing in fossil fuel companies responsible for the climate crisis.
People want green pensions but are reluctant to switch out of ‘default’ work funds, placing the onus on providers to switch them into sustainable investments.
Upbeat start to 2022 comes during a strong run for multi-strategy hedge funds.
Move to regulate leaks of potent greenhouse gas would exempt small wells from oversight.
With central banks set to tighten monetary policy in an effort to rein in inflation, new and untested asset classes are likely to be punished harder than more reliable ones.
For venture capitalists, the Great Resignation presents an opportunity to flee jobs and raise new funds.