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Eurozone not viable, says fund boss

2015-03-09 00:45:11| BBC News | Business | UK Edition

The eurozone is not viable in its current form, one of the UK's most successful fund managers has warned.

Tags: fund boss viable eurozone

 

Illumina accelerator grads get boost with new fund investment

2015-02-27 20:05:14| Biotech - Topix.net

Graduates of Illumina Inc.'s life sciences technology accelerator in Mission Bay could pocket $1 million to $5 million in matching capital, thanks in part to a $40 million injection into a fund by a deep-pocketed investment firm. Viking Global Investors pumped the cash into Illumina Accelerator Boost Capital, a new fund set up by Illumina to make the investments in genomic startups that graduate from the less-than-year-old accelerator.

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Icahn's investment fund posts first loss since 2008 on oil plunge

2015-02-27 19:25:26| Real Estate - Topix.net

Billionaire activist investor Carl Icahn's publicly traded investment fund posted its first annual loss since 2008 last year, undone by plummeting oil prices, the company said in a regulatory filing on Friday. Icahn Enterprises LP lost $373 million, or $3.08 per depositary unit, in 2014, with much of it due to a loss of $478 million in the fourth quarter.

Tags: posts loss investment oil

 

New Fund Helps Cities Build a Climate-smart Future

2015-02-27 02:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: The World Bank Group, with financial support from The Rockefeller Foundation, is expanding its program to help cities unlock capital to build the infrastructure that supports a climate-smart urban future. The Rockefeller Foundation has provided a grant of US$1 million as seed funding for a new multi-donor trust fund to improve financial management and enhance creditworthiness of cities in developing countries through the World Bank`s City Creditworthiness Initiative. Vulnerable to sea level...

Tags: future build cities helps

 

EBRD to fund Dalaman Airport's new domestic terminal with 175m loan

2015-02-26 01:00:00| Airport Technology

Turkey's Dalaman Airport will receive a 175m loan from the European Bank for Reconstruction and Development (EBRD) for the construction and operation of a new domestic terminal.

Tags: fund domestic loan terminal

 

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