Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
Tags: Investments
Higher yields is the reason why pension funds choose alternative investments
With a return of just 6.4% per year in traditional investment vehicles, a shortfall of 1.6%, many pension funds opt to invest in alternative options which promise higher returns.
Riverstone Energy to increase IPO volume
According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.
Canadian firms get boost as government removes hindrances to foreign investments
Canadian Prime Minister Stephen Harper had removed many hurdles for US and European investors in Canadian enterprises.
New investments keep Alitalia flights on time
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
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The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.
Seth Klarman's Baupost Group, for only the second time, would return money to its clients. One of the largest hedge funds in the world, Seth Klarman's Baupost Group has nearly USD28 billion in its portfolio, had laid out plans to return money to its clients by the end of 2013.
An oversubscribed fourth fund from Bison Capital Asset Management was recently announced to be closed.
Renowned Middle Eastern scientist Hayat Sindi called for more investments in the field of science and technology to foster inventive spirit and innovation.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
New and old investors provide USD65 million in equity investments to Kaiima Bio-Agritech. Israeli technology company Kaiima Bio-Agritech Ltd is focused on seed and breeding technology.
Tracy McGrady hangs up his sneakers after 16 years in the NBA. In a message made at ESPN's First Take, Tracy McGrady announced, "It's been 16 years playing the game I love.
Royal DSM announced plans of slowly transferring back-office work to India in the next couple of years.
