By Valerie Volcovici WASHINGTON (Reuters) – Azerbaijan, host of the U.N. COP29 climate summit, announced Friday it will launch a new climate fund that will aim to mobilize $1 billion to support developing countries’ new national climate targets. The climate summit host hopes the new fund, which will be housed in capital city Baku and
In a Nutshell Czech ZAKA VC has announced the establishment of its first fund, sized at €15M. Fund I is launching with a €10.5M first closing in June, this year. The minimum LP ticket is €130K. The fund is aimed at supporting early-stage startups across the US and EU markets. Get the Details
The Davis Cos. has raised $877.1 million into Davis Investment Ventures Fund V—the largest fund in company history—organized it says to capitalize on widespread real estate asset repricing and market dislocation across asset classes. The Davis Cos. and Invesco Real Estate have recently delivered 101 Smith Place, a Class A life science and laboratory building
Stockholm skyline by Great_bru/Envato Elements Stockholm-based alternative investment firm EQT reported total assets under management of €246 billion ($268 billion) in its first-half 2024 earnings announcement, up from €224 billion ($244 billion) in H1 2023. Fund raising activity Fee-earning AUM rose to €133 billion ($145 billion) from to €126 billion ($137 billion) a year ago.
Anthropic and Menlo Ventures have joined forces to set up the Anthology Fund for aspiring developers to make their mark on the evolution of artificial intelligence. The $100 million fund aims to support the advance of new AI technology for the particular benefit of humanity. The fund will concentrate on five key areas of focus.
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Nordea has rebranded its Flexible Credit fund as the European High Yield Opportunities fund, which is designed to broaden its focus while centring investments on European debt. In a shareholder update regarding the fund’s prospectus, the Nordic group said it intends to rename the Luxembourg-domiciled vehicle from mid-August, which would include changing its benchmark and
Enschede-based Golden Egg Check (GEC), a Dutch analyst startup that tracks startups, scale-ups, and VC deals, announced on Thursday that it has raised €5M from investors. With this fund, GEC Capital I, Golden Egg Check aims to make about 35 investments in tech companies over three years. Launched in 2022, the fund now has a
MEDINA, Ohio – Earlier this month the city learned of a grant opportunity that could help fund a much-needed improvement project at Spring Grove Cemetery. Mayor Dennis Hanwell said the funding would come from the Ohio Division of Real Estate Professional Licensing and the Ohio Cemetery Dispute Resolution Commission. “We weren’t aware this grant money
The City of Gaithersburg announced that it received $50,000 in funding from the African American Cultural Heritage Action Fund– a program from the National Trust for Historic Preservation. This funding will support the research, development, and fabrication of historical marker signage for the historic Black community of Metropolitan Grove as part of the Gaithersburg History