Two takeovers in two days are putting a spotlight on Southern California’s role as a hotbed for technology startups.
California and New York, home to Silicon Valley and Wall Street, are preparing to write rules of the road for entrepreneurs driving a surge of interest in Bitcoin and other virtual currencies.
Northill Capital LLP is providing financial backing to Goldbridge Capital Partners, a new European credit fund and distressed debt investor.
Four thousand years ago, humans may have pursued mammoths to extinction. Now the hunt is on again, and climate change is making it easier.
Orix USA Asset Management is providing $150 million in seed capital to two Fortress Investment Group LLC alumni for a private-equity fund focusing on health-care and life sciences companies.
Nigeria provided $550 million to its Sovereign Wealth Fund to help guarantee power trading and spur investments to build the country’s electricity market, Finance Minister Ngozi Okonjo-Iweala said.
Anyone who wants to know how six years of concerted policy making by the Canadian government fell into disarray this week should ask Naguib Sawiris.
Zambia plans to establish a sovereign wealth fund to spur investment outside the mining industry of Africa’s biggest copper producer, President Michael Sata said.
Peter Stamos, the former McKinsey & Co. consultant who joined New York Mets co-owners Fred Wilpon and Saul Katz to start a hedge-fund firm in 2002, reacquired their stakes through a management buyout.