VENTURE CAPITAL POST

The public pension fund for policemen and firefighters is suffering a run as mass withdrawals further decrease the plan's funds. The city mayor has already applied for a restraining order so as to prevent the financial crisis from worsening.

The Pittsburgh pension fund investments are projected to fall short in 2016. This is due to the underperforming financial markets.

President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.

Bill Maris, the ex-CEO and founder of Google willl open and start up a Fund.

The Green Climate Fund, a financial mechanism to support projects related to climate change, has been severely underfunded despite large donations from various wealthy nations. The problem has hindered the organization from successfully implementing its projects.

France spearheads the efforts to prevent the destruction of cultural heritage sites by establishing a fund committed for the cause. France has allocated $30 million for the protection of historical sites endangered by militant attacks and wars. Supporters of the initiative plan to establish $100 million.

Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.

Climate change wakes up world retailers.

The European Union revealed its plan to invest EUR 5 billion for a common defense fund. The funding will strengthen the continent’s military capabilities and let the governments invest on military research.

China has once again believed in the power of bitcoing industry as China's Huiyin Group they launched and introduced $20 Million Bitcoin Fund.

Canadian rock band Rush donates $40,000 to the Gord Downie Fund for Brain Research at Sunnybrook Hospital. The fund will be used by Sunnybrook to investigate on potential treatment for brain cancer.

The movement of funds from Saudi Arabia to the PIF from SAMA, as the central bank is known, indicates that the role of the central bank could be gradually shifting, Mohamad Al Hajj, Dubai-based equity strategist for the Middle East and North Africa at EFG-Hermes U.A.E. Ltd.

The University of California, Davis, received with $760 million fund to support its research programs. The federal government has been accounted mostly for the fund which was awarded to researches that address public health concerns.

Jill Stein has already raised $6.3 million for her call for an election recount, close to the target of $7 million. The fund will be used to cover for the expenses in the recount for votes in Wisconsin, Michigan and Pennsylvania.

The pension funds of biggest accounts are on a lax with Donald Trump as the president.