Global hedge funds started to add back American equities to portfolios last week following a massive selloff in Wall Street's major indexes, an early indication of optimism about the country.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: SCOTT BEALE
Hedge funds regain appetite for
US stocks, feel full of Europe, Asia
Global hedge funds started to add back American equities to portfolios last week following a massive selloff in Wall Street's major indexes, an early indication of optimism about the economic direction of the United States. Read here
Blackstone raises $8B
for real estate debt fund
The New York-headquartered private equity giant has closed its Blackstone Real Estate Debt Strategies V to invest in commercial property financing liabilities, marking one of the largest such fundraises in history. Read here
PHOTO: BLACKSTONE
PepsiCo close to over $1.5B deal for Poppie
The New York-based multinational food, snack, and beverage corporation is in advanced talks to acquire the Texas-headquartered healthy soda alternative brand in a deal worth more than $1.5 billion. Read here
PHOTO: MICHAEL THOMAS
NEWS WORTH NOTING
NEWS WORTH NOTING
Nvidia ramps up AI startup investments
The California-based artificial intelligence specialist has participated in 49 funding rounds in 2024, up from 34 in 2023, surpassing its total AI investments over the previous four years combined.Read here
The Chinese data center operator is securing financing for its operations in Malaysia in its biggest-ever credit that would also be among the largest for the sector in Asia. Read here
Stafford Capital hits record $1.1B for 10th timber fund
The British investment firm has closed one of the world's biggest timber funds, beating its original target as institutional investors seek climate-friendly ways to diversify. Read here
AstraZeneca to acquire EsoBiotec for up to $1B
The British-Swedish drugmaker has agreed to buy the biotechnology company as it seeks to accelerate the development of its cell therapy capabilities. Read here
European firms call for sovereign infra fund
Airbus, Dassault Systemes, and more than 90 smaller technology companies have urged the European Commission to create a fund to ramp up public investments. Read here
