Blackstone CEO wants U.S. to raise minimum wage, announces conversion plans by Andrea Zander | Apr 18, 2019 Blackstone CEO and chairman Steve Schwarzman joins other billionaires voicing concerns about the increasing income inequality in America, and he has created a plan.
Middle East and Africa fintech market to reach $2.5b by 2022 by Released | Apr 18, 2019 The Middle East and Africa are emerging markets for fintech opportunities, according to a white paper, “A Roadmap for Fintech Firms Entering Fast-Growing Emerging Markets,” by LendIt Fintech.
Madison Realty Capital holds $1.136b final close for debt fund by Jody Barhanovich | Apr 18, 2019 Madison Realty Capital has held a final closing.
Another cannabis ETF launches by Andrea Zander | Apr 18, 2019 AdvisorShares Pure Cannabis ETF has plans to launch a new exchange-traded fund focused on marijuana stocks with plans to undercut competitors.
Manhattan office lease sector tapers off by Andrea Zander | Apr 18, 2019 Following a record-setting 2018, office leasing in Manhattan has begun to taper off, recording a little more than 7 million square feet of leasing activity in first quarter 2019, down 3 percent compared to a year ago, according to Transwestern’s Downtown Manhattan Office Outlook (Q1, 2019) report.
Serena Williams announces VC firm by Andrea Zander | Apr 18, 2019 Tennis champ Serena Williams has launched her own venture capital firm Serena Ventures.
Renewables investor hires J.P. Morgan to review options by Andrea Zander | Apr 17, 2019 The founders of renewables energy investor Berkeley Energy have hired U.S. investment bank J.P. Morgan to evaluate options, including a sale, for the company’s investment funds.
Spark Infrastructure buys solar farm, shifting into renewable by Andrea Zander | Apr 17, 2019 Spark Infrastructure has fully acquired the 120-megawatt Bomen Solar Farm project in New South Wales.
Former heads of KKR in China raise new $2b PE fund by Andrea Zander | Apr 17, 2019 DCP Capital, co-founded by former KKR & Co. Greater China head David Liu, has raised $2.5 billion for its debut private equity fund and yuan funds.
Starbucks turns to solar energy to power its Texas stores by Andrea Zander | Apr 17, 2019 Starbucks has signed a partnership with U.S. solar developer Cypress Creek to power 360 Starbucks stores across Texas.