New York Times (July 22)
“The shock waves from President Biden ending his re-election bid, after weeks of pressure to step aside, are still reverberating around the world…. Biden’s withdrawal opened a flood of Democratic donations, with more than $50 million pouring in on Sunday, in what one strategist said might be ‘the greatest fund-raising moment in Democratic Party history.’”
Tags: 50 million, Biden, Donations, Fund raising, Pressure, Re-election, Reverberating, Shock waves, Strategist, Sunday, Withdrawal
Institutional Investor (March 22)
“In 2017, private equity and private debt funds raised $560 billion, 10 percent above what was raised the year before. Real estate investors, however, got the message that valuations may be stretched. Fund raising for property declined to a level last seen in 2013.”
Tags: Debt, Fund raising, Funds, Investors, Private equity, Property, Real estate, Stretched, Valuations
Euromoney (April 4)
“After a record year for fund raising, large fintech companies are now emerging in marketplace lending and payments, with many more newcomers deploying venture capital money raised in $25 million to $50 million chunks to transform capital markets and traditional banking mainstays such as mortgage lending.” Fintech could prove highly disruptive. “Fintech start-ups are building revolutionary applications for blockchain, attacking every specialist niche in the financial world and keeping the image of fintech clean with business ventures aimed at inclusion.”
Tags: Applications, Banking mainstays, Blockchain, Fintech, Fund raising, Mortgage lending, Niche, Payments, Revolutionary, Venture-capital
