Private Wealth Funding Nex Gen Waste Management Startups
May 21 - 25. 2018
Startups that address the growing, global need for solid waste management solutions are attracting the attention of private wealth. In 2012 the world’s cities generated 1.3 billion tons of solid waste annually and with rapid population growth and urbanization, this is expected to rise to 2.2 billion tons by 2025, according to World Bank researchers. The global solid waste management market will reach $1.296 trillion in 2022, according to a report by Research and Markets.
Co-investment Challenges for Family Offices: Q&A With Rupert Phelps of Smith & Williamson
May 14 – 18. 2018
As family offices turn to co-investing for more control over capital, transparency and lower transaction costs they face unique challenges in vetting potential deals. In the coming weeks, MarketCurrents will run a Q&A series in which family office execs and experts shed light on the issues that need to be addressed and how to navigate them.
Smyth Family Set to Acquire European Ops of Toys “R” Us
Smyths Toys superstore,Newport Image Credit - Wikimedia The Smyth family, which founded and operates Smyths Toys, has made a €79 million (approximately $93.6 million) offer for the European operations of U.S.- based...READ MORE
Family offices join institutions in a €3.5 billion renewable energy fund from Copenhagen Infrastructure Partners
May 07 – 11. 2018
It’s evident when a fund closes at half a billion more than its target then it’s a big yes to renewable energy from major investors. Forty-two investors comprising of family offices, pension companies, insurance companies and asset/fund managers closed out Copenhagen Infrastructure Partners’ (CIP) new fund – Copenhagen Infrastructure III (CI III) – in March this year at €3.5 billion, exceeding the €3.0 billion target fund size. The fund held its first close over 12 months ago.
Family offices see potential in Asian fashion
April 30 - May 04. 2018
Fashion defines the street in Asia. You cannot escape the stalls as you wander through Asian markets, top quality wear at prices that people can expect only in post-Christmas sales. Two people have caught the Asian fashion bug in a big way. Ankita Bose and Dhruv Kapoor decided that Asian fashion needs an online platform to reach the global consumer. Enter, Zilingo, which was born in Singapore and has since made in-roads in Malaysia, Thailand and Indonesia.
South Korean warehousing investments riding e-commerce surge
Deutsche Bank’s asset management division DWS completed a $US 57 million deal to purchase a fully completed warehouse from LaSalle in Icheon City, south of Seoul. “Boosted by the growth of e-commerce in the region, a healthy leasing market, location...READ MORE
Family offices joining push for online education in India
April 23 - 27. 2018
The Reliance family office is picking up a 72.69% stake, worth about US$180 million, in Embibe, an AI-based education platform that uses personalization and customization tools to tailor learning and testing for students wanting to appear for entrance exams in engineering and medical fields. The investment will strengthen course content and expand into multiple languages and geographies.
Chad Brownstein of RMR to speak at family office event on why real assets are the real deal
April 09 – 13. 2018
In the glam-slam of tech upswings and new age asset unicorns, good old-fashioned real asset investments have been quietly turning up for investors and delivering as scheduled. And Chad Brownstein, CEO of Rocky Mountain Resources (RMR) would like to highlight how the supply of infrastructure materials and services keeps delivering the numbers. He is stated to speak at the MarketCurrents and PrimeAlpha family office dinner in New York on May 10th.
Steve Jurvetson set to make comeback with new fund
Steve Jurvetson Image Credit - Wikipedia Steve Jurvetson was ousted from Draper Fisher Jurvetson (DFJ) under a cloud of allegations of sexual misconduct in November last year. These are allegations that Jurvetson has denied since and has pushed ...READ MORE
Cryptocurrency marketplaces. To self-regulate or not?
By Achuthan Kannan, MarketCurrents Wealth Management The very idea of the BitCoin was to set a value to effort. For the first time in modern history an idea was proposed whereby the direct result of work was sought to be made the st...READ MORE