Russia and Japan agree to set up $1 billion investment fund. The countries of Japan and Russia will create a $1 billion fund to invest in joint energy and infrastructure projects over the next five years, the leaders of the two countries said in Tokyo Friday at the end of meetings that looked cozy but fell well short of Japanese expectations.
Funding
Analysis: The Biggest Hedge Fund Paydays Of 2016, From Charter Communications To Natural Gas
The Biggest Hedge Fund Paydays Of 2016, From Charter Communications To Natural Gas Hedge fund investors have a lot to celebrate as 2016 draws to a close and they sharpen their pencils on new investment ideas and macroeconomic themes for the coming year.
Government Seeks Further Industry, Research Collaboration With AU$76 Million Fund
The Australian government boosted its funding to AU$76 million to encourage partnerships between university researchers and the industry. The fund forms part of the AU$1.1 billion National Innovation and Science Agenda.
European Union Funds Military Research
The European Union has started funding military research that will boost the military capabilities of the continent. This move is in response to the growing threat of terrorism and political crises.
Hedge Fund Managers Charge With $1B Embezzlement By FEDS
Feds charge hedge-fund managers with $1B embezzlement According to a federal indictment, Platinum Partners founder Mark Nordlicht and four others faked the hedge fund's books for years to allow them to siphon off one billion dollars to their personal accounts, swindling 600 investors.
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Bill Gates, Others Launch Clean Energy Fund. Bill Gates, Microsoft Corp. co-founder said Monday that he and other business leaders are launching a $1 billion clean-technology fund that will start investing next year in companies developing low-cost, low-carbon technologies.
Women's Fund of Western Massachusetts offers $240K in grants. The Women's Fund of Western Massachusetts, which works to empower women and girls through partnerships with area programs, has announced the availability of $240,000 in multi-year grant money for organizations that collaborately serve that population in Berkshire, Franklin, Hampden and Hampshire counties.
India promised to contribute $500,000 to UN Central Emergency Response Fund. In a pledging conference, outgoing Secretary General Ban Ki-moon made a plea for funding to support its missions of providing immediate humanitarian assistance to people who require urgent help.
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.
Donald Trump celebrates softbank for proposing a $50 billion investment on robotics doctors and lawyers.
Reports say that they need to advocate a greater funding for transportation infrastructure which is now covered by the Highway Trust Fund.
Bill Maris, the ex-CEO and founder of Google willl open and start up a Fund. Former member and Google Ventures founder Bill Maris, who stepped down as CEO earlier in 2016, is launching a new venture fund and has raised slightly over $230 million.
It is private cash which makes some projects possible. The Economy and Development Ministry (EDM) is paving the way for the creation of an Infrastructures Fund, which willbe included in the European Commission's so-called Juncker Plan for financing projects of public interest with private participation.
