news

Monday, August 31

World

Mel Stride sacked as shadow chancellorFT · 11m
Sixty years of Notting Hill CarnivalFT · 21m
German Inflation Rises But Few Signs of Energy-Shock SpilloverWSJ · 22m
Spain’s Sánchez accuses Russia and Israel of inflaming migrant crisisFT · 53m
The Morning Risk Report: U.S. Hits Bank With ‘Outcast’ ActionWSJ · 2h
ChatGPT faces tougher rules under EU online safety regimeFT · 2h
KKR to net giant windfall from $17bn sale of USI to AonFT · 2h
UK offers homegrown AI start-ups £100mn to improve public servicesFT · 2h
The missing piece in the US oil and gas boom: jobsFT · 3h
America’s Biggest Companies Ring Up Hefty Sales and Raise Their OutlooksWSJ · 3h
Nepal Focuses on Dangerous Tunnel Rescues as Flood Toll Tops 900WSJ · 3h
Honda and Nissan strike software deal despite failed mergerFT · 3h
Japan Targets Record Defense Spend as China Pressure GrowsWSJ · 3h
It’s not insider trading, it’s offshore gambling!FT · 5h
Japan’s bonds and yen under pressure after Warsh’s Jackson Hole speechFT · 5h
South Korea jails Unification Church leader over luxury bag bribery scandalFT · 6h
US and Iran exchange fire for the first time in more than a monthFT · 8h

U.S. forces hit Iranian rocket launchers on Larak Island in the Strait of Hormuz, marking the first American strike against Iran in more than a month. Tehran responded by firing missiles at Jordan, the first Iranian attack on the country in weeks. The exchange of fire prompted a rise in oil prices, as markets reacted to the heightened tension in the strategically vital waterway. Both sides have exchanged statements blaming the other for the escalation, but no further details on casualties or damage have been released.

China’s Biggest Airlines Post Over $1 Billion Loss in First Half as Fuel Shock BitesWSJ · 8h
Iceland tarnishes EU’s dreams of being a defence and security hegemonFT · 8h
FirstFT: Ukraine’s ex-defence minister pitches tech fundFT · 8h

Ukraine’s former defence minister has begun promoting a new technology fund aimed at supporting the country’s emerging tech sector. In related business news, artificial‑intelligence developments are reported to be boosting profits for major technology companies. Meanwhile, diplomatic tensions have escalated as the United States and Iran have exchanged hostile statements. The brief reflects a mix of economic initiatives and geopolitical friction highlighted in today’s newsletter.

Romania to lose €770mn in EU funds due to government crisisFT · 9h
Darializa Avila Chevalier: The face of America’s socialist insurgencyFT · 9h
Will financial innovation dethrone the dollar?FT · 9h
Labour shelves plan to restrict foreigners buying new flatsFT · 9h
Tim Cook’s Apple legacy by the numbersFT · 9h
The dawn of physical AIFT · 9h
Argentina battles flood of contraband goods as Milei opens economyFT · 9h

Argentina is confronting a surge of contraband imports after President Javier Milei’s economic opening and a stronger peso. The liberalization measures have lowered the cost of foreign goods, prompting a rise in illicit shipments that threaten domestic producers. Authorities say the influx of unauthorized products is squeezing local businesses, which face heightened competition from cheaper, unregulated imports. The government is reportedly working to address the trade imbalance while maintaining its market‑friendly agenda.

Trump’s threats against Canada are self-defeatingFT · 9h
German gunmaker with loaded history sets sights on British army’s next rifleFT · 9h
London’s Aim market faces existential crisisFT · 9h
Long-term investors turn to shipping as Middle East conflict boosts returnsFT · 9h

Asset managers say institutional investors are increasingly looking to shipping as a hard‑asset exposure. The interest is linked to higher returns that have followed the conflict in the Middle East, prompting long‑term investors to shift toward the sector.

China’s Official Activity Gauges Hint at Impending TurnaroundWSJ · 9h

China’s official activity gauges pointed to a possible turnaround, with output and market demand showing recovery in August. The data suggest that the manufacturing slowdown may have bottomed out in July, after which the sector began to improve. Observers noted that the August rebound could indicate the easing of the earlier decline in production and demand.

The Geopolitical Mismatch Driving Russia to Threaten the WestWSJ · 11h

European governments are bearing the financial burden of Ukraine’s war while also providing a secure operational base for Kyiv’s forces. This support is seen as counterbalancing Russia’s greater conventional firepower, creating a strategic disparity that Moscow perceives as a threat to the West. Analysts note that the mismatch between Europe’s economic and logistical assistance and Russia’s military capabilities underpins the Kremlin’s increasingly hostile rhetoric toward Western nations. The situation highlights how the alignment of financial aid and safe haven for Ukraine shapes the broader geopolitical tension between Russia and Europe.

Fighting Flares in Middle East After U.S. Strike on Iranian Rocket LaunchersWSJ · 12h
The Summer That Scorched French Grapes, English Gardens—and Europe’s EconomyWSJ · 12h
Opinion | Trump Takes the Oil in VenezuelaWSJ · 17h
Opinion | Trump’s Great White Whale: CanadaWSJ · 17h
Opinion | America’s Systemic Munitions ShortfallWSJ · 18h
Canadian Small Businesses to Bear Brunt of New U.S. TariffsWSJ · 19h
Opinion | Trump’s New Iran Sanctions Put China on NoticeWSJ · 20h
Young Women Bear the Brunt of India’s Anti-Protester VitriolWSJ · 22h
Opinion | The High Cost of Cheaper StealWSJ · 22h
Opinion | Kyiv and George WashingtonWSJ · 22h
Icelanders Reject EU-Membership TalksWSJ · 22h

Icelandic voters have turned down proposals to begin talks on European Union membership, the national broadcaster reported. The decision came as the public weighed the country’s security outlook following former U.S. President Donald Trump’s remarks that he would like to acquire Greenland. Officials said the poll reflected concerns about how EU accession might affect Iceland’s strategic position in the North Atlantic, especially in light of the heightened attention to the region sparked by Trump’s comments. No further steps toward negotiations are planned at this time.

Business

High Debt and Rising Prices Catch Up to Trump, as Midterms NearNYT · 25m
Courting Consumers at the U.S. OpenWSJ · 34m
Happy birthday to the First Index Investment TrustFT · 58m
Global Oil Price Rises to $90 a Barrel After U.S. and Iran Trade AttacksNYT · 1h
GameStop Sees Higher Profit as eBay Investment Offsets Lower SalesWSJ · 1h
Activist pushes EPAM Systems for buybacks as AI hits its sharesFT · 1h
SLB to Buy Data Center Cooling Firm Kelvion for $4.1 BillionWSJ · 1h
The Morning Risk Report: U.S. Hits Bank With ‘Outcast’ ActionWSJ · 2h
ChatGPT faces tougher rules under EU online safety regimeFT · 2h
ONEOK to Buy Brazos Midstream’s Permian Assets for $4.43 BillionWSJ · 2h
Software companies pay steep price to buy time against AI threatFT · 2h
Companies Are Paying for Price Cuts With Their Tariff RefundsWSJ · 2h
El Niño Threatens to Disrupt Industries WorldwideWSJ · 2h
Aon Strikes Roughly $17 Billion Deal for Insurance Brokerage USIWSJ · 2h
KKR to net giant windfall from $17bn sale of USI to AonFT · 2h
UK offers homegrown AI start-ups £100mn to improve public servicesFT · 2h
Huawei Profit Slumps by a Third on R&D Expenses, Raw-Material CostsWSJ · 3h
Consultants head for a showdown — with their own clientsFT · 3h
U.S. Start-Up Partners With Saudi Arabia for Data CenterNYT · 3h
The missing piece in the US oil and gas boom: jobsFT · 3h
America’s Biggest Companies Ring Up Hefty Sales and Raise Their OutlooksWSJ · 3h
Companies Plow Tariff Refunds Into Price Cuts, Appealing to Stretched ConsumersWSJ · 3h
Nissan, Honda Team Up on Systems, SoftwareWSJ · 3h
Honda and Nissan strike software deal despite failed mergerFT · 3h
Don’t Count Shein Out Just YetWSJ · 3h
Can Apple’s New CEO Rev Up the Steve Jobs Innovation Engine?WSJ · 3h
G20 Finance Officials Gather in U.S. as Iran War Grips Global EconomyNYT · 4h
A $480,000-a-Year Pill Reflects a New Normal for Cancer DrugsNYT · 4h
A Half-Price Luxury E.V. Comes With a Big AsteriskNYT · 4h
Chinese Cars Could Be Huge in U.S., and That’s the Problem, Officials SayNYT · 4h
Pennsylvania’s A.I. Gold Rush Meets Second ThoughtsNYT · 4h
Andrew Bailey warns G20 of danger AI poses to financial systemFT · 7h
China’s Biggest Airlines Post Over $1 Billion Loss in First Half as Fuel Shock BitesWSJ · 8h
Jane Street’s AI bets go sourFT · 8h
FirstFT: Ukraine’s ex-defence minister pitches tech fundFT · 8h

Ukraine’s former defence minister has begun promoting a new technology fund aimed at supporting the country’s emerging tech sector. In related business news, artificial‑intelligence developments are reported to be boosting profits for major technology companies. Meanwhile, diplomatic tensions have escalated as the United States and Iran have exchanged hostile statements. The brief reflects a mix of economic initiatives and geopolitical friction highlighted in today’s newsletter.

Scramble for gas assets pushes dealmaking to decade highFT · 9h

The scramble for gas assets is driving dealmaking to its highest level in a decade, as companies vie for a share of the market. Spending on projects in the United States has surged, reflecting the intensified competition. National oil companies and commodity traders are joining the rush, adding to the momentum behind acquisitions and investments in gas‑related assets. This heightened activity underscores the growing importance of gas in the energy landscape and the willingness of major players to commit substantial capital to secure future supplies.

UK investment trusts struggle to keep up the liquidity illusionFT · 9h
UK fintech Allica looks to Sweden to kick-start European expansionFT · 9h
Tim Cook’s Apple legacy by the numbersFT · 9h
The dawn of physical AIFT · 9h
After years of losses, Victoria Beckham marks her brand’s turnaroundFT · 9h
German gunmaker with loaded history sets sights on British army’s next rifleFT · 9h
London’s Aim market faces existential crisisFT · 9h
Long-term investors turn to shipping as Middle East conflict boosts returnsFT · 9h

Asset managers say institutional investors are increasingly looking to shipping as a hard‑asset exposure. The interest is linked to higher returns that have followed the conflict in the Middle East, prompting long‑term investors to shift toward the sector.

Banks and insurers brace for biggest German pension upheaval in 20 yearsFT · 9h

German banks and insurers are preparing for what they describe as the most significant pension‑system overhaul in two decades. The reforms are expected to redirect billions of euros from traditional pension funds into capital‑market investments. A commentator reflected on the change, saying “one of the sacred cows has been slaughtered,” underscoring the magnitude of the shift for the financial sector. Industry participants are bracing for the impact as the new framework reshapes funding streams and investment strategies across the market.

AI’s threat to consultingFT · 9h
The $5.5 Billion Perk SoftBank’s Data-Center Venture Offered to Land OpenAIWSJ · 9h
Cinven private equity co-heads on mis-steps: ‘Let’s move on’FT · 10h
Taliban makes overtures to Trump administration over mineral dealsFT · 11h
Corporate America’s Profits Are Booming—and Signal More Good Times AheadWSJ · 12h
Corporate America’s Profits Are Booming—and Signal More Good Times AheadWSJ · 12h
Treasury Bars Some Reporters From G20 Finance MeetingNYT · 14h
Opinion | Trump Takes the Oil in VenezuelaWSJ · 17h
Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s OilNYT · 22h

President Donald Trump announced that the United States has reached an agreement with Venezuela that gives the two countries control over more than 65 billion barrels of Venezuelan oil reserves. He said the deal covers the extensive reserves and will be implemented through a partnership that includes a private company, according to a U.S. official who briefed the press. The official did not disclose the name of the private firm or provide further details about the terms of the arrangement. No additional information about the timeline or operational aspects of the partnership was released.

These Tanks Can Hold 90 Million Barrels of Oil. They Have Just 22 Million.NYT · 22h
U.A.E. To Review Banque Misr, Targeted by Iran SanctionsNYT · 22h
Car Sunroofs Keep ‘Spontaneously’ Exploding—and the Problem Is Getting WorseWSJ · 23h
Car Sunroofs Keep ‘Spontaneously’ Exploding—and the Problem Is Getting WorseWSJ · 23h

Markets & Economy

PG&E, Edison International Stocks Plunge on California Wildfire BillBBG · 13m
No Urgency for Fed to Hike: GoncalvesBBG · 15m
Anthropic’s Mega-IPO Plan Looms Over Packed US Listing CalendarBBG · 19m
U.S. Natural Gas Futures Start Week LowerWSJ · 27m
Nigeria Economy Grows at Fastest Pace in Five Years on Oil BoomBBG · 27m
India’s Uneven Monsoon Rains Deepen Crop and Inflation RisksBBG · 32m
Long-Dated Treasury Yields Edge Up as 10-Year German Bund Yield Hits 15-Year HighWSJ · 38m
Adani Shares Lose $15 Billion as Closing Auction Fuels SwingsBBG · 55m
Oil Gains After First U.S. Strikes in Weeks on Iranian TargetsWSJ · 1h
Saylor’s Strategy Restarts Bitcoin Buying, Spending $370 MillionBBG · 1h
GameStop Sees Higher Profit as eBay Investment Offsets Lower SalesWSJ · 1h
Czechs Plan Second-Highest Budget Gap Ever to Boost InvestmentBBG · 1h
German Inflation Edges Higher, Adding to Case for ECB HikeBBG · 1h
Technicians Cautious Ahead of S&P 500’s Worst Month HistoricallyBBG · 1h
Chile: reforma económica aumenta apetito por bonos de mayor riesgoBBG · 1h
Chile Bond Investors Test Riskier Debt on Growth Revival BetsBBG · 1h
Bloomberg News NowBBG · 1h
U.S. Stock Futures Little Changed as Markets Weigh Warsh’s Hawkish RemarksWSJ · 1h
LNG Exports Though Hormuz Remain Stalled Even as Oil Flows ReboundBBG · 1h
‘First Real Test’: Australia Fiasco Has Private Credit on EdgeBBG · 1h
Tencent-Backed China Chipmaker Enflame Seeks $911 Million in IPOBBG · 1h
Brazil Banks Poach Hedge-Fund Stars as Industry Boom Goes BustBBG · 1h
Warsh Takes a Page From Aerospace Pioneers to Find the Right StuffBBG · 2h
US, Iran Exchange Strikes for First Time in About a MonthBBG · 2h
ONEOK to Buy Brazos Midstream’s Permian Assets for $4.43 BillionWSJ · 2h
Software companies pay steep price to buy time against AI threatFT · 2h
Bessent and G20 finance ministersBBG · 2h
Basic Materials Roundup: Market TalkWSJ · 2h
Aon Strikes Roughly $17 Billion Deal for Insurance Brokerage USIWSJ · 2h
Aon Strikes Roughly $17 Billion Deal for Insurance Brokerage USIWSJ · 2h
Kenyan Inflation Rate Rises Faster Than Expectations in AugustBBG · 2h
Tech, Media & Telecom Roundup: Market TalkWSJ · 2h
Oil Rises As US and Iran Exchange Attacks | The Opening Trade 8/31/2026BBG · 2h
US, Iran Exchange Attacks, Apple's Changing of the Guard | The Pulse 8/31/2026BBG · 2h
Gold Falls as Hawkish Fed Outlook Keeps Yields ElevatedWSJ · 2h
U.S. Dollar RetreatsWSJ · 2h
India Growth Beats Forecasts, Raises Rate Hike ExpectationsBBG · 2h
Trump Plans to Seize Direct Control of Venezuela’s Oil ReservesBBG · 2h
KKR to net giant windfall from $17bn sale of USI to AonFT · 2h
The Index-Fund Strategy Quietly Beating Big Tech This YearWSJ · 3h
The missing piece in the US oil and gas boom: jobsFT · 3h
Don’t Count Shein Out Just YetWSJ · 3h
Bessent Takes US Growth Agenda Message to G20 Summit in AshevilleBBG · 3h
Japan Seeks Record Defense Budget as Takaichi Plans BuildupBBG · 4h
It’s not insider trading, it’s offshore gambling!FT · 5h
Japan’s bonds and yen under pressure after Warsh’s Jackson Hole speechFT · 5h
Stock Market Today: Oil Climbs on Fresh Mideast Flare-UpWSJ · 6h
Turkey Growth Quickens in Second Quarter Despite War StressBBG · 6h
Japan’s Industry Ministry Seeks Unprecedented $49 Billion BudgetBBG · 6h
G20 Warned Of Growing Threat to Financial Stability Posed By New AI ModelsWSJ · 7h
Andrew Bailey warns G20 of danger AI poses to financial systemFT · 7h
Jane Street’s AI bets go sourFT · 8h
Productores del Mercosur temen competencia de EuropaBBG · 8h
South American Producers Fret Over New Rivals From EU Trade DealBBG · 8h
Japan’s Firms Hire Foreigners Even as Takaichi Tightens RulesBBG · 8h
Bessent Says He’ll Ask G20 to Rethink Trade Terms With ChinaBBG · 8h
Scramble for gas assets pushes dealmaking to decade highFT · 9h

The scramble for gas assets is driving dealmaking to its highest level in a decade, as companies vie for a share of the market. Spending on projects in the United States has surged, reflecting the intensified competition. National oil companies and commodity traders are joining the rush, adding to the momentum behind acquisitions and investments in gas‑related assets. This heightened activity underscores the growing importance of gas in the energy landscape and the willingness of major players to commit substantial capital to secure future supplies.

UK investment trusts struggle to keep up the liquidity illusionFT · 9h
Will financial innovation dethrone the dollar?FT · 9h
UK fintech Allica looks to Sweden to kick-start European expansionFT · 9h
Crypto groups spend record $640mn buying back their own tokensFT · 9h
London’s Aim market faces existential crisisFT · 9h
Long-term investors turn to shipping as Middle East conflict boosts returnsFT · 9h

Asset managers say institutional investors are increasingly looking to shipping as a hard‑asset exposure. The interest is linked to higher returns that have followed the conflict in the Middle East, prompting long‑term investors to shift toward the sector.

Cinven private equity co-heads on mis-steps: ‘Let’s move on’FT · 10h
South Korea’s Lee Picks New Finance Chief in Surprise ReshuffleBBG · 11h
China’s Factory Rebound Masks Growth Risks for Domestic EconomyBBG · 11h
The Sudden Unraveling of Wall Street’s Momentum TradeWSJ · 12h
High-End Credit Cardholders Find It’s Harder to Get Their Money’s WorthWSJ · 12h
India Auction Absorbs Record MSCI Flows Despite Price SwingsBBG · 12h
Alejandro Betancourt: the man who would be Trump’s ‘viceroy’ in VenezuelaFT · 12h

The United States has enlisted Alejandro Betancourt, described as a wily and divisive insider, to assist in developing Venezuela’s oil reserves. Media reports refer to him as the figure who could serve as President Trump’s “viceroy” in the country. The move reflects Washington’s effort to influence Venezuela’s energy sector.

Bessent Expects BOJ to ‘Do the Right Thing’ on PolicyBBG · 12h
Nikkei Falls 2.2%, Dragged by Chip StocksWSJ · 13h
Stock Futures Slip in Thin Trading as Oil Rises: Markets WrapBBG · 15h
Latest Oil Market News and Analysis for Aug. 31BBG · 15h
Opinion | The Dollar’s Global Dominance Keeps America FirstWSJ · 17h
Big Tech profits get $160bn boost from gains on stakes in other AI companiesFT · 18h
Opinion | Trump’s New Iran Sanctions Put China on NoticeWSJ · 20h

Tech

The AI Boom May Resemble Social Media More than TelecomWSJ · 24m
Activist pushes EPAM Systems for buybacks as AI hits its sharesFT · 1h
Eli Lilly to Buy Merida Biosciences for Up to $2.875 BillionWSJ · 1h
ChatGPT faces tougher rules under EU online safety regimeFT · 2h
Software companies pay steep price to buy time against AI threatFT · 2h
Tech, Media & Telecom Roundup: Market TalkWSJ · 2h
UK offers homegrown AI start-ups £100mn to improve public servicesFT · 2h
Consultants head for a showdown — with their own clientsFT · 3h
What CEOs Can Learn From the AI BacklashWSJ · 3h
Can Apple’s New CEO Rev Up the Steve Jobs Innovation Engine?WSJ · 3h
Can Apple’s New CEO Rev Up the Steve Jobs Innovation Engine?WSJ · 3h
G20 Warned Of Growing Threat to Financial Stability Posed By New AI ModelsWSJ · 7h
Andrew Bailey warns G20 of danger AI poses to financial systemFT · 7h
Tim Cook’s Apple legacy by the numbersFT · 9h
The dawn of physical AIFT · 9h
The $5.5 Billion Perk SoftBank’s Data-Center Venture Offered to Land OpenAIWSJ · 9h
Opinion | A New Look at the UniverseWSJ · 17h
Big Tech profits get $160bn boost from gains on stakes in other AI companiesFT · 18h
Americans feel they have lost their agencyFT · 22h
Meta’s Day of ReckoningWSJ · 22h

Deal Flow

M&A / Strategic

US will take 55% control of a new Venezuela oil JV that comprises 20% of the country's entire oil reserves, including a 35% passive stake in Venezuelan businessman Alejandro Betancourt's North American Blue Energy Partners2h
Aon is close to acquiring insurance brokerage USI Insurance Services from KKR for $17B, including debt2h
Italian insurance giant Generali is willing to consider a $10.2B takeover offer for wealth manager Banca Generali from lender BMPS2h
Pipeline operator Oneok and minority investor Apollo will acquire Brazos Midstream Holdings' natural gas operations in West Texas for $9B, including $5B of debt to be paid off2h
EQT and German insurance giant Allianz are exploring a $6.8B takeover of UK roadside recovery business The AA2h
Astorg Partners and Montagu Private Equity are exploring a $3.5B sale of GLP-1 pen maker Nemera2h
Authentic Brands Group acquired a 51% majority stake in the IP of Drake's lifestyle brand OVO at a ~$235M valuation2h
Airbus is considering a sale of its US small-satellite manufacturing business2h
Valterra Platinum made an informal approach to rival South African miner Northam Platinum2h
Polish energy group Unimot ended talks to acquire Shell's stake in Germany's Russia-linked Schwedt refinery2h

VC

HubX, an AI-focused company building next-gen apps, raised $75M at a $1.2B pre-money valuation from Point72 Private Investments2h
Viral AI assistant startup Instinct raised a $250M Series B at a $2.5B valuation co-led by Index Ventures and Benchmark2h
Owner, an AI platform for local businesses, raised a $240M Series D at a $2.3B valuation led by Goldman Sachs Alternatives2h
Linear, a product development and issue-tracking platform, sold $99M of secondary shares at a $2.5B valuation with participation from Accel, 01A, Salesforce Ventures, and S322h
Retro, a friend-focused photo-sharing app, raised a $21M Series A2h

IPOs / Listings / Issuances / Block Trades

Samsung Biologics is seeking to raise $2.2B in a rights offering to fund its acquisition of Swiss contract drugmaker PolyPeptide Group2h
Blackstone is offering to sell a 25% stake worth $1.25B in Indian office REIT Knowledge Realty Trust at a 5% discount and 13% discount to NAV2h
Indian conglomerate Tata Group is in talks with biggest minority shareholder Shapoorji Pallonji Group to unlock liquidity via a potential swap of shares of listed entities, a buyout of Shapoorji Pallonji's stake by Tata Sons, or a sale to an external investor2h
Hyperinflammation-focused Electra Therapeutics filed for an IPO2h

SPAC / SPV

Satellite-to-device broadcast network firm Astrum Space will merge with Black Spade Acquisition at a $1B valuation2h

Debt

Broadcom could raise over $100B in debt for an AI chip financing deal for Anthropic and others in a record-shattering deal2h
Indian billionaire owner PV Krishna Reddy is seeking to raise $700M in private credit from Davidson Kempner, Elham, and Varde Partners to buy out his uncle's 43% stake in Megha Engineering & Infrastructures to take full ownership2h

Bankruptcy / Restructuring / Distressed

Major Aussie developer Bathla Group fell into insolvency with $2.4B owed to mostly private credit firms2h
UK asset manager Aberdeen will take a $272M hit to one of its infrastructure funds following the collapse of UK broadband provider Airband2h
AI-driven biopharma firm BioXcel Therapeutics filed for Chapter 11 bankruptcy2h

Funds / Secondaries

Developer Crow Holdings raised $625M for a targeted $3.25B fund2h
Copenhagen Infrastructure Partners raised $3B for its second Growth Markets Fund2h
a16z raised $1.1B for Machine Age, its first dedicated AI hardware infrastructure fund2h
European royal family office LGT Capital Partners raised $1B for its seventh European small buyout fund2h
Industrials MM PE firm GenNx360 Capital Partners raised $865M for its fourth fund2h
Investment firm Crestline Management raised $625M for its second European Capital Solutions fund2h
Distressed real estate investor Canyon Partners raised $570M for its latest opportunistic fund2h
Private markets investment firm Siguler Guff raised $500M for its second India MM growth fund2h
OpenAI launched a second $400M VC fund to invest its own capital2h
Opportunistic real estate investor Machine Investment Group raised $350M for its second fund2h
Reach Capital raises $265M for its fifth fund to expand on its "human potential" theme2h
Gaming specialist Makers Fund raised $250M for its fourth flagship fund2h
Opportunistic PE real estate firm Alpaca Real Estate raised $223M for its debut fund2h
Canada's Polar Asset Management raised $215M for its second SRT fund2h
MassMutual Ventures, the VC arm of insurer MassMutual, launched a $150M second climate fund which will incorporate AI and real assets2h
VC Floating Point raised $125M for its third fund to tackle "real world" businesses2h
Palinuro Capital, the macro hedge fund of ex-ING trader Alfonso Peccatiello, raised $75M in fresh capital to take AUM past $100M2h
Ukraine's ex-defense minister Mykhailo Fedorov is seeking to raise a defense tech fund from US investors to back startups that will help defeat Russia2h

Reforma

Van por empresarios del caso SegalmexNacional · 2h
Se aleja México de lograr top 10 de competitividadPortada · 2h
Reaparece Peña Nieto junto a empresario ligado a PegasusPortada · 14h