FOF

Hilton Global Associates Adds Several New Directors in Response to Rapid Company Growth

Retrieved on: 
Tuesday, August 22, 2023

“We have been growing and performing at a level that astounds me every single day – and it just keeps getting better.

Key Points: 
  • “We have been growing and performing at a level that astounds me every single day – and it just keeps getting better.
  • I couldn’t be happier to add more of the best and brightest minds to the Hilton Global family.
  • “I am beyond delighted to be joining Hilton Global and to be embarking on this exciting new opportunity,” said Ballout.
  • “Together, we are innovating to ensure that Hilton Global stays on the cutting edge of the investigative due diligence space.”
    Jonathan Collins brings decades of investigative journalism, research, and editorial expertise to Hilton Global.

Shenzhen Angel FoF Expands Market and Achieves New 10 Billion Yuan Milestone as China's Largest Angel Investment Government Guidance Fund

Retrieved on: 
Wednesday, June 7, 2023

Shenzhen Angel FoF, China's first angel investment government guidance fund, announced today that they have expanded their market and achieved a new funding scale milestone.

Key Points: 
  • Shenzhen, China--(Newsfile Corp. - June 7, 2023) - Shenzhen Angel FoF, China's first angel guidance fund and government-guided investment fund, announced today that they have expanded their market and achieved a new funding milestone.
  • With this new milestone of reaching the funding scale of 10 billion yuan , Shenzhen Angel FoF has become a comprehensive angel investment service provider and China's largest angel investment government guidance fund.
  • The Shenzhen Angel FoF has made significant progress because of the contribution of the Shenzhen Guiding Fund Management and ecological system, which will gradually develop into the three major business sectors of "sub-fund investment + direct investment + ecosystem operation."
  • Regarding fundraising, the Shenzhen angel FoF will consider establishing a commercial mother fund, organically combining policy funds with commercial funds.

Global investors and traders growing appetite for Chinese futures - Gaining access via QFI

Retrieved on: 
Friday, February 3, 2023

CHICAGO, Feb. 3, 2023 /PRNewswire-PRWeb/ -- OP Investment Management ("OPIM"), one of Asia's leading hedge fund platforms, RCM China Consulting ("RCMCC"), and GROW Investment Group ("GROW"), a leading China-focused institutional advisor, have jointly announced that they have entered a tri-party strategic joint venture. The purpose of the joint venture is to provide a one-stop China alternative investment solution. Recently, GROW's localized product design offering has been added to OPIM's and RCMCC's joint platform to bring established PRC onshore strategies directly to institutional investors via managed accounts and direct market access.

Key Points: 
  • The demand has increased significantly due to investor optimism for a rebound in the Chinese markets and appetite for actively managed strategies.
  • The three firms have established investment and compliance infrastructure to deliver cross-border opportunities for offshore investors, to meet the demand for actively managed strategies for the Chinese mainland markets.
  • The demand has increased significantly due to investor optimism for a rebound in the Chinese markets and appetite for actively managed strategies.
  • The team has consulted with investors and traders about China access via WFOE, QFI and TRS programs.

Indian Investors Are Taking Advantage of Increasing Silver Investment Options

Retrieved on: 
Monday, January 23, 2023

Today, with new investment products available to Indian investors, India's role in silver investment has the potential to grow even further.

Key Points: 
  • Today, with new investment products available to Indian investors, India's role in silver investment has the potential to grow even further.
  • A new Silver Institute Market Trend Report, "Trends in Indian Investment Demand," explores the main components across this market, including physical silver investment, exchange-traded products, digital silver, the futures market in India, and silver's prospects for being listed on the India International Bullion Exchange.
  • Since 2010, India's physical silver investment (bars and coins) has accounted for one-third of overall Indian silver demand.
  • During this time, Indian retail investors bought around 730 million ounces (Moz) of silver, representing 90 percent of 2022's global silver mine production.

Blofin to Unveil its Exchange Platform with Core Futures Trading Function

Retrieved on: 
Wednesday, January 4, 2023

The original version of Blofin platform supports USDT-Margined Perpetual contract trading for 45 trading pairs.

Key Points: 
  • The original version of Blofin platform supports USDT-Margined Perpetual contract trading for 45 trading pairs.
  • The trading system also functions with all the needed tools for futures trading, including market visuals, limit orders, functions of reduce only, TP/SL, IOC, FOK, and more.
  • Blofin will launch its futures trading exchange on Jan. 12th, 2023.
  • The core trading functions will be at full capacity by then, and associated promotional functions will be released  in succession.

MiamiWeb3: A Bridge for Gathering All-hands to Build the Future of Web3

Retrieved on: 
Monday, December 12, 2022

MiamiWeb3 aims to be a bridge for gathering the community to talk about potential opportunities and build the future of Web3.

Key Points: 
  • MiamiWeb3 aims to be a bridge for gathering the community to talk about potential opportunities and build the future of Web3.
  • A strong sentiment echoed throughout the discussions that Web3 and blockchain technology will re-innovate traditional financial markets and is here to stay.
  • He is confident about the Web3 industry regardless of the current crypto winter: "With ten years of development, Web3 is still a young industry.
  • From investors' perspectives, well-known Web3 ecosystem funds & rising industry investors discussed investing in the Web3 future, from networks and platforms to applications and communities.

Foresight Ventures Earmarks $10 Million to Support & Incubate Innovative Web3 Startups

Retrieved on: 
Wednesday, November 23, 2022

SINGAPORE, Nov. 22, 2022 /PRNewswire-PRWeb/ -- Foresight Ventures, a crypto fund whose AUM grew from $80M to over $400M this year, announces the launch of Foresight X, an incubator program with $10M allocated to fund the next wave of disruptive blockchain projects. In partnership with industry-leading developer hub Gitcoin, which closed public goods funding with OKX, Protocol Labs and Foresight Ventures earlier this month, Foresight and Gitcoin will share incentives and help foster collaborations across the Western and Eastern development communities and markets.

Key Points: 
  • We are excited to launch Foresight X and put $10M in initiatives behind the innovative projects emerging from the current economic downturn."
  • Azeem Khan, Head of Partnerships & Fundraising at Gitcoin, shared, "We're extremely excited to be working alongside an amazing partner in Foresight Ventures.
  • Foresight Ventures manages multiple funds: a VC fund, an actively-managed secondary fund, a multi-strategy FOF, and a private market secondary fund.
  • As a one-stop shop for crypto projects, Foresight Ventures provides incubation, investment, and advisory throughout the project life cycle.

Alwin Capital's New Dual-Currency Fund Closed and Exceeded Fundraising Target

Retrieved on: 
Tuesday, October 25, 2022

BEIJING, Oct. 25, 2022 /PRNewswire/ --Alwin Capital recently closed a new dual-currency fund, raising over US$300 million, which exceeds their fundraising target.

Key Points: 
  • BEIJING, Oct. 25, 2022 /PRNewswire/ --Alwin Capital recently closed a new dual-currency fund, raising over US$300 million, which exceeds their fundraising target.
  • Based on the high recognition of Alwin Capital, the reinvestment rate of its RMB investors exceeds 50%.
  • The USD investors of the fund include well-recognized market oriented FoFs, large asset management companies, industrial investors, and family offices across the world.
  • And Alwin Capital is increasingly becoming a professional and focused investment force in the field of life sciences in China.

MEXC Launches $20m Ecosystem Fund in Strategic Partnership to Support Rollups on Bitcoin Through Syscoin’s Rollux OPv1

Retrieved on: 
Friday, September 30, 2022

Rollux OPv1 is Syscoins first in a series of planned rollup implementations secured by Bitcoins own PoW network.

Key Points: 
  • Rollux OPv1 is Syscoins first in a series of planned rollup implementations secured by Bitcoins own PoW network.
  • MEXC has allocated a $20m fund for kickstarting projects to utilize the new Syscoin layer-two which was recently released on a public testnet.
  • - Bradley Stephenson, Syscoin Foundation Board Member
    After Rollux OPv1 reaches Syscoins mainnet, OPv2 and ZK rollups advancements will follow.
  • MEXC Ventures upholds the concept of "discovering opportunities and growing together" by fully sharing fund resources and providing solid support for projects.

True Global Ventures Invests a Total of US$38m in Web3 Leader Animoca Brands

Retrieved on: 
Thursday, September 22, 2022

True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market.

Key Points: 
  • True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market.
  • View the full release here: https://www.businesswire.com/news/home/20220922005582/en/
    True Global Ventures invests a total of US$38m in Web3 leader Animoca Brands (Graphic: Business Wire)
    Animoca Brands recently raised a US$110m convertible led by Temasek, Bayou Capital and GGV, where TGV also participated.
  • TGV General Partner Kelly Choo comments, We are happy to invest at scale in Web3, in a leading company like Animoca.
  • Existing portfolio companies include Animoca Brands, The Sandbox, Forge Global, Chromaway, Coinhouse, GCEX, Chronicled, Enjinstarter, Iomob and Dedoco.