Economy
AMB :- Major investor group urges EU to raise 2030 emissions target

AMB :- Major investor group urges EU to raise 2030 emissions target

Laxman Pai, Opalesque Asia: An investor group with a combined €33 trillion ($39.1 trillion) in assets has called on the European Union to set 2030 carbon-emission reduction goals at 55%, to support low-carbon economy i...Article

Software and Hi-Tech
AMB :- Apollo jumps into impact investing with a new team

AMB :- Apollo jumps into impact investing with a new team

Laxman Pai, Opalesque Asia: Apollo Global Management is venturing into the world of impact investing, following some of its biggest peers in targeting funds dedicated to sustainability. The New York-based global alternat...Article Link

Digital Transformation
AMB :- Opalesque Exclusives: A new fund of funds eyes regulated digital currencies

AMB :- Opalesque Exclusives: A new fund of funds eyes regulated digital currencies

For New Managers: The pandemic may be creating fertile ground for digital currencies. In a recent speech, Christine Lagarde, president of the European Central Bank, suggested that Europe&`s central bankers are close ...Article Link

Digital Transformation
Opalesque Exclusives: A new fund of funds eyes regulated digital currencies

Opalesque Exclusives: A new fund of funds eyes regulated digital currencies

For New Managers: The pandemic may be creating fertile ground for digital currencies. In a recent speech, Christine Lagarde, president of the European Central Bank, suggested that Europe's central bankers are close to a decision

Europe
Will Tracey, co-founder of Monex Europe, joins Ballinger & Co.

Will Tracey, co-founder of Monex Europe, joins Ballinger & Co.

Opalesque Industry Update - FX Broker Ballinger Co. today announced the appointment of Will Tracey, one of FX's leading lights, as its Executive Chairman and largest shareholder. Ballinger Co. is a specialist FX broker providing

Software and Hi-Tech
Altegris reemerges as an independent alternatives boutique

Altegris reemerges as an independent alternatives boutique

Opalesque Industry Update - Altegris Holdings and Artivest Holdings today announced they have entered into a definitive agreement under which Matt Osborne, Altegris Co-Founder and Artivest Chief Investment Officer, in partnership with Continuum Capital Managers,

Software and Hi-Tech
Fifth straight month of hedge fund gains fuels investor confidence

Fifth straight month of hedge fund gains fuels investor confidence

Opalesque Industry Update - As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42% in August, according to the Barclay Hedge Fund Index,

All Transactions
Tekscan Acquired By Artemis

Tekscan Acquired By Artemis

Tekscan, a manufacturer of flexible, ultra-thin sensors and systems, has been acquired by Artemis Capital Partners. Tekscan manufactures thin-film tactile force sensors and pressure measurement systems. The company’s products are used as both stand-alone and

All Transactions
WinCup Switches Sponsors

WinCup Switches Sponsors

Atar Capital has acquired WinCup, a manufacturer of disposable foodservice supplies, from BlackRock. WinCup’s products include dine-in and to-go cups, bowls, containers, lids, straws, and stirrers. The company sells its products across all foodservice channels

All Transactions
Wind Point Stays Cool with RTIC Buy

Wind Point Stays Cool with RTIC Buy

RTIC Outdoors, an online seller of coolers, has been acquired by Wind Point Partners. RTIC uses an eCommerce-based direct-to-consumer model to sell its coolers, tumblers, bottles, travel bags, and other products to outdoor enthusiasts. The

All News
Compass Hires Katie Melzer

Compass Hires Katie Melzer

Compass Diversified has hired Katie Melzer as a managing director and head of business development. Prior to joining Compass Diversified (CODI), Ms. Melzer spent more than 15 years at Robert W. Baird, most recently serving

Distressed
Citigroup pushes on with staff cuts after pandemic pause

Citigroup pushes on with staff cuts after pandemic pause

The bank is facing pressures to cut costs as profits are squeezed by the Covid-19 pandemic, which will force the bank to book billions in bad loans as the crisis drags on

Manufacturing and Industrial
Apollo names heads of new impact investing platform

Apollo names heads of new impact investing platform

The initiative, named Apollo Impact, will focus on economic opportunity; education, health, safety and wellness; industrial modernisation and resource sustainability

Europe
Blank check IPOs in Europe show signs of life

Blank check IPOs in Europe show signs of life

The London Stock Exchange is reviewing ways to ignite its market for such offerings, according to a person familiar with the matter

Limited Partners
Calpers board weighs curbs on investment chief’s personal holdings

Calpers board weighs curbs on investment chief’s personal holdings

Move comes after former chief resigned last month amid an internal investigation into his shares in private equity manager

Politics
One Peak leads $30m series-A round for KeepIt

One Peak leads $30m series-A round for KeepIt

Danish backup software provider KeepIt has raised $30m in a series-A round led by UK-based growth investor One Peak.

Oil and Energy
Up from zero: Hedge fund industry firmly positive YTD with August performance

Up from zero: Hedge fund industry firmly positive YTD with August performance

Opalesque Industry Update - The global hedge fund industry continues to climb out of the turmoil created by the Covid-19 pandemic. The industry gained an average of +2.5% in August, bringing the year to date

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