January 16, 2025
Fund

Philly Youth Sports Fund aims to raise $5 million to support nonprofits

Players on the Vaux Big Picture High School football team call Valencia Peterson “Coach V,” but unlike the other coaches on the team, she’s not drawing up X’s and O’s. Peterson trains the coaches in a specialized curriculum to teach their players how to recognize domestic abuse and prevent it in their homes and schools

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Tamarack Global Closes $72M Opportunities II Fund to Drive Deep Tech and Industrial Innovation

Insider Brief Tamarack Global has successfully closed its Opportunities II fund with $72 million, doubling the size of its initial flagship fund and bringing the venture capital firm’s total assets under management to over $211 million. This latest fund aims to support companies with transformative potential in sectors such as space, energy, robotics, and AI.

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EfTEN United Property Fund unaudited financial results for

EfTEN United Property Fund (hereinafter the Fund) earned 134 thousand euros in net profit in the third quarter of 2024 (2023 third quarter: 16 thousand euros in net loss). The fund’s revenues increased from 38 thousand euros to 176 thousand euros during the year. During the 9 months of 2024 the Fund earned 535 thousand

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Gardiner plans tax hike to fund EMS service

The Gardiner Town Board announced a proposed 13 percent tax increase for 2025, attributing the hike to the need for emergency medical services (EMS) funding, cybersecurity, and other costs. In a meeting held October 24, Supervisor Marybeth Majestic detailed the new budget items, with $100,000 allocated from the general fund specifically for EMS support. “So

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Brazil’s Largest Pension Fund Seeks to Outsource Part of Its Equity Management

Brazil’s largest pension fund, Previ (Banco do Brasil Employees’ Pension Fund), is in the process of outsourcing a small portion of its equity portfolio, according to sources from Funds Society. The foundation, which currently manages approximately 280 billion reais (around $4.9 trillion), confirmed the existence of a study for portfolio outsourcing but declined to reveal

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Baldwin, GOP-aligned Senate Leadership Fund launch new ads in closing days of U.S. Senate race

Tammy Baldwin and the GOP-aligned Senate Leadership Fund are up with new spots delivering their closing arguments in the U.S. Senate race as ad spending has topped what was spent on the 2022 campaign. According to AdImpact, reservations in the race between Jan. 1 and Election Day are nearing $227 million. That surpasses the $217.8

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North America Dominates the Global Fund Industry: The Region Accounts for 61% of Assets Under Management

According to the latest study by the Thinking Ahead Institute (TAI), associated with WTW, assets under management (AUM) by the world’s 500 largest asset managers reached $128 trillion at the end of 2023. Although levels from 2021 were not reached, the annual growth of 12.5% already marks a significant recovery following the previous year’s correction,

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$375M in public land sales to fund 36 recreation and restoration projects in Nevada and California • Nevada Current

Federal funding generated from the sale of public land in Nevada will be used to finance 36 projects aimed at enhancing recreation and restoration projects across Nevada and the California side of the Lake Tahoe Basin. The Department of the Interior announced Tuesday that $375 million, sourced from land sales under the Southern Nevada Public

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Microsoft and BlackRock Launch $100 Billion Fund for AI

The upcoming AI City proposes new solutions to address the growing demand for data centers. It also outlines plans to tackle energy consumption challenges, resource shortages, and how to create a sustainable AI infrastructure Photo courtesy of Teklium SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) — Microsoft and BlackRock have joined forces to launch

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Pinellas County referendum could increase teacher pay, fund arts and tech programs

School classroom by diane39 via iStock for WMNF News. Listen: In under a week, Pinellas County voters will decide whether or not to increase property taxes to help fund public schools. But if the referendum gets voted down, the tax will go away completely. Since 2004, a small portion of homeowner’s taxes have gone

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