Paris, France, Sept. 14 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announced that it has co-led a $110 million Series A financing in Neogene Therapeutics, Inc. (“Neogene”), a pre-clinical stage biotechnology company pioneering a new class of fully personalized neo-antigen T cell therapies to treat cancer. [...]
New York, New York, Sept. 3 (Korea Bizwire) – CreditSights, a leading provider of independent fixed income research today announced that it has taken a minority stake in Alphastream, a fintech company based in Singapore. As part of the investment, Bala Subramanian, Chief Product and Technology Officer of CreditSights, will join Alphastream’s board. Alphastream develops next generation data [...]
Boston, Aug. 31 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Laura’s winds and storm surge will range from USD 4 billion to USD 8 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “Although comparisons between Laura and Hurricane Rita (2005) have been [...]
ABIDJAN, Côte d’Ivoire, Aug. 27 (Korea Bizwire) — Dr. Akinwumi A. Adesina has been re-elected to serve a second five- year term as President of the African Development Bank Group on Thursday, August 27, 2020 by the Board of Governors of the Bank. A globally renowned development economist and a World Food Prize Laureate and [...]
HONG KONG, CHINA, Aug. 27 (Korea Bizwire) - It’s been called the holy grail of finance. Is it possible to harness the promise of artificial intelligence to make money trading stocks? Many have tried with varying degrees of success. For example, BlackRock, the world’s largest money manager, has said its Artificial Intelligence (AI) algorithms have consistently beaten [...]
SINGAPORE, July 30 (Korea Bizwire) – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been [...]
HONG KONG, July 30 (Korea Bizwire) - Crowdfunding, which has seen its popularity skyrocket with the rise of high profile platforms the likes of Kickstarter, GoFundMe and IndieGoGo, has often been hailed as a “democratising force” in finance, allowing enterprising individuals to launch new and innovative ventures while bypassing traditional sources of funding they would otherwise [...]
New York, NY, July 14 (Korea Bizwire) — Global Infrastructure Partners (“GIP”), a leading global, independent infrastructure investor, announced today that its credit fund, GIP Spectrum Fund, L.P., along with its affiliates (together “GIP Spectrum”, “Spectrum” or the “Fund”), previously closed on a $67.5 million participation in an aggregate $75.0 million Second Lien Term Loan [...]
NEW YORK, NY, July 7 (Korea Bizwire) — Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, announced today that its credit funds, Global Infrastructure Partners Capital Solutions Funds I and II (“GIP CAPS”) closed on a $110 million secured holding company term loan investment in Puerto Antioquia Holdings S.A.S. Puerto Antioquia is a [...]
LOS ANGELES, July 2 (Korea Bizwire) – Imperial Capital Group, LLC (“Imperial Capital”), announced today that Simon Mullaly has returned to the markets to launch a European Private Credit Group in which he will serve as Head Trader. The European Private Credit Group will source private European credit investment opportunities for Imperial Capital’s institutional investors in both [...]