Ventures Platform, an African seed stage venture capital firm, has announced the final close of its second institutional fund, Ventures Platform Pan African Fund II, at $84 million, exceeding its initial $75 million target. The fund closed three years after the firm raised its first institutional fund and amid a more cautious global venture capital
HBK, a Canfield, Ohio-based tax and wealth management firm, has sold a stake to H.I.G. Capital, a Miami-based alternative investment firm with $75 billion of capital under management. The investment includes backing for HBKS Wealth Advisors, a registered investment advisor with $7.7 billion in assets under management, according to its latest Form ADV. H.I.G. said
The maximum amount most councils in England can normally raise bills without a referendum is 5% – but six councils have been granted powers to introduce bigger hikes Thousands of households look set to be hit with bumper council tax rises(Image: Drazen Zigic via Getty Images) Hundreds of thousands of households face bumper council tax
Highlights Northern Trust issued a fresh update tied to expanded wealth-management team in New York. The development puts wealth services, client coverage, and asset gathering at the center of the company narrative. Execution, customer response, and disciplined follow-through will determine the longer-term relevance. What Changed in the Latest Update Northern Trust (NASDAQ:NTRS) Financial Services Northern
TLDR Robinhood Chain recorded a new daily RWA trading volume high of $85.1 million on August 25. Tokenized stocks led activity with $66.6 million, representing about 78% of total daily volume. Memecoin-versus-stock pairs contributed $10.4 million, down sharply from their dominant share in late July. ETFs and treasuries generated $4.8 million, while commodities added another
Millions of households in Great Britain will face the highest energy charges in three years this winter after months of soaring market prices caused the government’s price cap to rise for a second time in three months. Gas and electricity prices will rise by 4% from October under the new cap, months after climbing 13%
The IPPR has released its proposal as John Healey, the Chancellor, seeks to raise funds for his Budget on Oct 28. The report is likely to carry influence in Westminster owing to the close ties between the think tank and Mr Burnham’s political allies. Its alumni include James Purnell, Mr Burnham’s chief of staff, Miatta
Burnham recognises rising energy bills are ‘difficult for people’ Andy Burnham has said rising energy bills are “difficult” for people after Ofgem raised its price cap by 4% to a three-year high and analysts forecast a further 9% hike from January. Speaking to reporters from a supermarket in London, the prime minister said: double quotation
Key events Alex Chapman, head of economic and environmental policy, at the New Economics Foundation, another think tank, said continued reliance on fossil fuels is the cause behind the energy price rollercoaster – and the answer is moving to reliable renewable energy like wind and solar power. double quotation markToday’s price cap announcement will be
Vet bills are pushing pet owners into debt, with more than a third turning to credit cards to cover the cost of treatment. Investec’s research found some owners are taking years to clear their debts and, because of interest, could end up paying far more than what was originally borrowed. Pet insurance can help to