Private Equity Moris Beracha Wuani

By  Vildana Hajric| Bloomberg Greg Tusar, the former global head of electronic trading at Goldman Sachs Group Inc., is excited about digital assets despite the horrific year for cryptocurrencies. “It feels like being at the early days of trading equities electronically,” said Tusar, who serves as chief technology officer and is a co-founder of Tagomi Holdings. “It’s early stage, there’s a lot of opportunity to build great businesses and have impact.” Tagomi, which bills itself as the first live electronic brokerage offering prime services, has begun executing client trades. Tusar is working alongside co-founders Jennifer Campbell, who is serving as chief executive officer, and Marc Bhargava, the company’s president. The platform combines liquidity across different exchanges and offers more trade reporting and transparency to customers such as hedge funds and high net-worth individuals, the trio said in an interview. Crypto invest...

Political uncertainty has made investors pause By Joice Alves Fundraising for European buyouts has hit its worst quarter since 2010 as the divorce between the UK and European Union has fuelled a sharp decline in investors’ appetite for UK-dedicated funds. Fund managers have struggled to keep pace with the record volumes of cash raised for the asset class last year, writes FN ’s sister publication  Private Equity News.  Both capital-raising and the number of fund closings fell in the third quarter, according to LP Source, a data provider owned by FN and  PEN ’s publisher Dow Jones. Buyout fundraising dropped 68% to $7.9bn across 33 funds in the third quarter, down from $24.6bn raised by 46 funds during the same period last year. Fundraising also declined one-fifth during the first half of this year to $46.6bn, down from $67.8bn in the corresponding part of 2017. The figures represents the worst third quarter for European buyout fundraising sinc...