PAG is setting up a China fund to lure domestic capital and is considering establishing another that will cater to demand from investors outside of North America, according to people familiar with the matter. Asia’s biggest alternative asset manager raised about 3 billion yuan ($413 million) for its first yuan-denominated fund with money from local
The City of Glenwood Springs announced it will be hosting four “Make it Make Cents” informational meetings in July to teach residents about the city’s infrastructure fund, including how and where funds are spent. The Glenwood Springs Infrastructure Fund is used for street and alley repairs, maintenance and reconstruction. Approved by voters in 2006, the
CITYWIDE — This week, City Parks Foundation awarded $500,000 in grant funding to 10 recipients through the 2024 NYC Green Fund Pathways Grants program, which supports systemic changes that will lead to a more equitable and resilient park and open space system, more and alternative funding sources, and improved operations between the city and its
A bed in the former Sitka Community Hospital (KCAW/Kwong) Nearly two decades ago (2005) Sitka voters approved a tax on cigarettes and tobacco products to fund Sitka Community Hospital. The Southeast Alaska Regional Health Consortium purchased the city-owned hospital in 2019, but the hospital fund still exists today. At the Sitka Assembly meeting on July
NEW YORK, NY / ACCESSWIRE / July 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 22, 2024 Record Date:
BlackRock launched its first tokenized fund in March this year and it has gathered more than $500m in record time, indicating demand for yield from investors with on-chain capital. The traditional fund manager launched its BlackRock USD Institutional Digital Liquidity Fund (BUIDL), on the ethereum blockchain on 20 March this year, in partnership with Securitize,
As required by the President of Mexico, Andrés Manuel López Obrador (AMLO), on Monday, July 1, his government began delivering the first pension supplements to retired workers. The date was significant for the president and his administration because it marked the sixth anniversary of what he considers his historic electoral victory in 2018, and the
VinaCapital Vietnam Opportunity Fund Limited AccumUSD (GB:VOF) has released an update. VinaCapital Vietnam Opportunity Fund Limited announced the buyback and cancellation of 100,000 of its USD Shares on July 11, 2024, at a price of GBP 4.92 per share. Post transaction, the total number of shares held in treasury stands at 6,182,716 with the total
News Brazilian development bank BNDES plans to provide financing of 32.1bn reais (US$5.94bn) through its fund for initiatives to mitigate climate change. The financing, expected to be available until the end of 2026, will focus on clean energy and transportation projects. The bank’s climate fund provides financing for companies and government decarbonization projects at an
Teacher Retirement System of Texas has disclosed making two new investments totalling $150m (€138.6m), split between a GreenPoint Partners real estate fund and a Riverbend Energy fund. The pension fund revealed in its June commitments list that it placed $75m into GreenPoint REPE Fund I and issued a $74.4m commitment to the Riverbend XI. Texas Teachers said the value-add