Private Equity Moris Beracha Wuani

By Moris Beracha . - In the world, millions of people are participating in sports betting, either as a hobby or as a way to get easy money. Given the rise of cryptocurrencies and electronic money, some bookmakers have decided to take the technology path and open transactions that allow holders to use tokens from their personal wallets to try their luck. Within sports betting, many businesses appear and disappear almost instantly; also, some providers do not care much about delivering a good experience to their customers and many sportsbooks make deposits easy for customers but no withdrawals. In this regard, it should be noted that there are a large number of platforms for sports betting and it is not an easy task to decide which one to participate in. Being able to invest a Bitcoin or any cryptocurrency requires to take into account different factors, such as the opinions of existing users, the levels of quotas and promotions, withdrawal limits ...

By Andrew McAuley After a period of good returns from equities and bonds and with the official cash rate at 1.0 per cent, many investors are looking for ways to reduce risk and diversify their portfolios. Adding alternative investments such as private equity is one way to do this. Alternative investments are any asset other than stocks, bonds, and cash, and which can act as building blocks to diversify portfolios. Hedge funds, commodities and real estate are all considered part of the alternative investments universe, as is private equity. Investors should aim to build a self-financing private equity portfolio that has sufficient distributions to cover future capital calls. Private equity funds take equity stakes in companies or assets that are not publicly traded and work closely with the management teams to increase their value to be able to sell again at a higher price. Thus, by their nature they are less correlated with equity and bond markets as...

By Inside Bitcoins Ali Raza | This period is clearly one of the most exciting for the crypto world. Even electronic payment behemoth PayPal is also getting in on some crypto action. It was PayPal’s chief financial officer John Rainey who made the startling revelations in an interview with Yahoo! Finance. Even though the payment giant is also devoting some resources to the development of cryptocurrency, Rainey stated that digital currency is not going to be their major priority for now. He thinks there is still more to be done regarding universal acceptance for digital assets before they can fully roll out buy crypto with PayPal . Bitcoin is Under Consideration Even though other big brands like Fidelity were putting in a lot of resources into crypto investments, PayPal had kept many in suspense by almost ignoring the booming sector. This is despite the fact that Rainey said that PayPal actually included Bitcoin as one of their payment alternatives for merchants...

Ian Allison Online payments giant PayPal has made its first-ever investment in a blockchain technology company.  Announced today, PayPal has  joined the extension of a Series A funding round in Cambridge Blockchain, a startup that helps financial institutions and other companies manage sensitive data using shared ledgers. Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months. That follows the $7 million close of its Series A in May of 2018, and brings the total capital raised to $10.5 million. That first $7 million consisted of $4 million of new capital plus $3 million of converted notes , and came from several investors, including HCM Capital, the VC arm of Foxconn, which manufactures the iPhone for Apple, as well as Digital Currency Group. The subsequent $3....

Staff of the nation’s largest pension is trying to sell a new investment model to its sometimes skeptical board By Chris Cumming The board of the nation’s largest pension still has plenty of questions about a proposed shake-up in its private-equity strategy, roughly two years after the pension’s staff began developing the plan. Ben Meng, chief investment officer of the California Public Employees’ Retirement System, on Tuesday detailed the proposed new strategy for private-equity investing, arguing that without it the underfunded pension system could have trouble hitting return targets and making its required payouts to retirees. Mr. Meng, who joined the $337 billion fund last month, argued that the new strategy was necessary to get more exposure to the best-performing private-equity managers. “We need private equity, we need more of it, and we need it now,” he said. Calpers’ private-equity reform has attracted some controversy si...

  T heblockcrypto.com Pantera Capital , a blockchain and crypto-related venture firm, has raised $125 million in its on-going third round of funding, CoinDesk reports . The $175 million funding round is expected to close in March. Pantera partner Paul Veradittikit is hopeful the company will secure the remaining funds, although he admitted the crypto winter had made it more challenging to gather funds. So far, high net-worth individuals, family offices, and those with the ability to move money fast have contributed to the fund, he said and he would continue meeting with institutional investors. According to Pantera’s pitch deck, the new fund is aiming to “invest in later stage rounds to support the more mature companies” at between $3 million to $8 million per investment. Half of the capital is allocated for follow-on funding, which will go towards investing in around 30 to 50 firms – depending on much funding is secured in the current ...