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Trump Heads to Mount Rushmore, Where He Wants to See His Face WSJTrump to speak at Mount Rushmore, one monument he can't remake NBC NewsDonald Trump to kick off independence celebrations as heatwave grips US Financial TimesPreparations for Trump and Mount Rushmore fireworks include First Amendment area for protesters KOTA Territory News
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Magnify Ventures has raised $46.6m for its second venture fund, deepening its focus on early-stage companies building AI infrastructure for the care economy.
The post Magnify Ventures closes $46.6m Fund II to back AI infrastructure for care economy appeared first on AltAssets Private Equity News.
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Mekong Capital has launched a climate-focused private equity fund targeting regenerative agriculture in Southeast Asia, anchored by a $50m commitment from the Green Climate Fund.
The post Mekong Capital launches climate-focused PE fund with $50m Green Climate Fund cornerstone appeared first on AltAssets Private Equity News.
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Taylor Swift's Besties Roll in to NYC Wedding Celebration TMZEd Sheeran arrives at Taylor Swift's wedding in bright suit: Photos USA TodayEd Sheeran and Wife Cherry Seaborn Attend Taylor Swift's Wedding 11 Years After Their First Date at Her July 4th Party People.comEd Sheeran goes bold in turquoise paisley suit and Tiffany sneakers for Taylor Swift and Travis Kelce's wedding Page Six
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The hedge fund firm's tactical trading fund, which combines discretionary equity investing with quantitative strategies, climbed 14.3% through the end of June.
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Starwood Capital Group has raised more than $10.2bn at the final close of its latest opportunistic real estate vehicle.
The post Starwood Capital closes $10.2bn opportunistic real estate fund appeared first on AltAssets Private Equity News.
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After decades as a privately held franchise, Jersey Mike's is opening itself up to public investors for the first time.
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Antin Infrastructure Partners has appointed former IFM Investors executive Duncan Welsh as a principal in its investor relations team, as the infrastructure investor expands its institutional fundraising presence across Asia-Pacific.
The post Antin Infrastructure hires IFM's Welsh to lead investor relations expansion in Australia appeared first on AltAssets Private Equity News.
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Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy.
SEE MORE 10 Electrifying EV Stocks Worth Watching
After Thursday's close, delivery giant FedEx (FDX, -21.4%) - whose financial results are often seen as a read on broader economic conditions - issued preliminary fiscal first-quarter earnings and revenue figures that were well below estimates. The company cited a recent acceleration in "global volume softness," and specifically pointed to "macroeconomic weakness in Asia and service challenges in Europe." FDX also withdrew its outlook for the full fiscal year, and said it is initiating several cost-cutting measures to offset the effects of lowered demand, including deferring staff hiring, closing 90 FedEx office locations and ending Sunday operations for several FedEx Ground locations. The company is slated on the earnings calendar to report its full quarterly results after next Thursday's close.
Wall Street's nerves were already frayed ahead of FedEx's financial warning, as this week's red-hot inflation reading all but assured another large rate hike from the Federal Reserve at next week's meeting. But an additional contributing factor to this week's massive volatility is likely today's quadruple-witching options expiration, which is when index futures, index options, stock options and individual-stock futures all expire at once. This happens four times a year - on the third Friday in March, June, September and December - and sometimes leads to heavy volume and erratic moves in
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