Founder of collapsed $1.7 billion mutual fund charged with fraud

The founder and manager of a $1.7 billion mutual fund that collapsed very last year has been charged by federal prosecutors with securities fraud and obstruction of justice for allegedly inflating fund…

Cathie Wood’s Ark plans to launch new fund that invests in private innovation companies

Cathie Wooden is doubling down on her conviction in disruptive innovation — but this time, with a different solution. The star fund manager who runs the well-liked Ark Spend loved…

Distressed Hotel Deals Almost Within Reach for Banyan’s BLEV Fund

Investors are at last bidding on some of the first resort attributes available for sale soon after currently being damage in the crisis brought about by the coronavirus pandemic. Because…

Sequoia’s stealthy wealth management fund shakes up its portfolio

Sequoia Cash, a single of Silicon Valley’s premier enterprise companies, has quietly built a $14bn fund to invest the prosperity of its associates and start-up founders. Now the fund’s supervisors…

Tricor Group Completes Acquisition of NZGT Holding Company Limited, A Leading Corporate Trustee and Fund Supervisor in New Zealand with NZ$250 Billion in Funds under Supervision

HONG KONG & SINGAPORE & AUCKLAND, New Zealand, November 29, 2021–(BUSINESS WIRE)–Tricor Group (Tricor), Asia’s leading business expansion specialist, has received regulatory approval and completed its acquisition of NZGT Holding…

Pender Growth Fund Provides Financial Highlights and Company Updates

VANCOUVER, British Columbia, Nov. 26, 2021 (GLOBE NEWSWIRE) — Pender Growth Fund Inc. (the “Company” or “Pender”) today announced its financial and operational results for the three months and nine…