A new public fund to boost India’s deep-tech ambitions in the private sector has approved, in its first round, Rs 2,192 crore in soft loans to 22 private companies at the cutting edge of space science, energy tech and pharma, among others. These companies were chosen from 124 applicants by a 12-member panel, including 11
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A hedge fund is a set of pooled investments, collected from a number of underlying investors – either wealthy individuals or institutional investors such as pension funds, insurance companies or sovereign wealth funds. In this sense, they’re like many other investment funds. They invest in a range of different assets, from stocks and bonds to
A compromise between Todd Blanche and two Republican senators that potentially cleared the way for Blanche’s confirmation as attorney general is weak, Democrats and several experts said, as it makes promises Donald Trump can easily reverse. Blanche, the acting attorney general, posted two documents on Sunday evening showing he was withdrawing an 18 May order
Leopold Aschenbrenner’s Situational Awareness hedge fund lost approximately 67% in July after a sharp decline in AI infrastructure stocks triggered margin calls and forced the firm to sell most of its public portfolio to Citadel. The fund’s assets reportedly fell from around $45 billion at the beginning of July to roughly $10 billion after the
What Is Fund Tokenisation, And Why Does It Matter? Tokenisation means recording ownership of a traditional financial asset, such as fund shares or Treasury bills, directly on a public blockchain rather than solely in a conventional database. Supporters argue this can make settlement faster and record keeping more transparent, though the underlying assets themselves, cash
Dave Ramsey is one of the most well-known voices in personal finance, offering straightforward advice that helps people manage their money. One of his core principles is the importance of an emergency fund, a financial safety net that protects against unexpected expenses and prevents debt. His approach to building and maintaining an emergency fund is simple
Situational Awareness, a hedge fund formed by former OpenAI researcher Leopold Aschenbrenner, has sold the majority of its public stock portfolio to Ken Griffin’s Citadel following steep losses over the past month, the Wall Street Journal reported earlier on Thursday. It’s a big comedown for the rising star who has been described as both “scarily
Leopold Aschenbrenner’s Situational Awareness Capital did not collapse because investors suddenly lost faith in artificial intelligence. The hedge fund, which had reported a 439 per cent net return through June and was managing tens of billions of dollars, was forced to unwind after losses on a highly leveraged portfolio triggered mounting margin pressures on both
One of the most talked-about hedge funds in AI investing just hit the eject button on every single public stock it owned. Situational Awareness LP, the fund run by former OpenAI researcher Leopold Aschenbrenner, sold its entire public equities portfolio before Thursday’s trading session, reportedly offloading everything to a single buyer. The reason? Margin pressure.