Author: Charlotte

Pinegrove Venture Partners has closed Strategic Investors Fund XII at $1.5 billion across its Early and Scale strategies. The fund was significantly oversubscribed, with investor demand exceeding Pinegrove’s original fundraising target. The Strategic Investors Fund program gives institutional investors concentrated exposure to a select group of established and emerging venture managers and the private technology companies those managers back. SIF XII is divided into two complementary strategies. SIF XII-Early invests with early-stage venture managers, while SIF XII-Scale invests with expansion-stage managers and makes selective co-investments alongside leading general partners. Pinegrove said its long-standing manager relationships also give it access to…

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 13 real estate projects that involves an estimated investment of Rs 2,380.04 crores in six different districts with Lucknow having the most units, and Barabanki having the most investment.According to the released statement by RERA, it is clearly stated that the projects apporved in these cities – Baranbanki Lucknow, Varanasi, Agra, Ghaziabad, and Gautam Budh Nagar are expected to result in the development of 4,724 residential and commercial units.With two residential projects worth Rs 751.42 crore, Barabanki, which is connected with Lucknow, topped the districts in the projected investment.…

In the last decade, the cost of youth sports has skyrocketed. Cheaper, more local rec leagues have lost out premium travel leagues funded by private equity. The Covid-19 pandemic made things worse. As a result, some families are now paying thousands of dollars to keep their kid in a sport that they love.Caitlin Moscatello wrote about the phenomenon last month for New York magazine. She says the shift started during the pandemic when park and rec budgets were slashed and the premium leagues became the only game in town. Private money saw the opportunity and seized it. Now, participating in…

For years, algorithmic trading in India was associated with large institutions, proprietary trading desks and traders with deep pockets, sophisticated technology and teams of programmers. For the average retail trader, the idea of building and deploying an algorithm often appeared too expensive and technically complex.Cut to 2026, that equation is changing.The combination of broker APIs, cloud infrastructure, affordable market data, no-code and low-code platforms, AI-assisted coding and a clearer regulatory framework is bringing systematic trading closer to the retail investor. What once required an institutional technology stack can increasingly be accessed through a laptop, a broker account and a few…

Gold.com reported fiscal 2026 revenue of $25.513 billion, an increase of 132% from $10.979 billion in the prior year, following a year of organic growth, acquisitions, and expansion across its precious metals and alternative assets platform. Gross profit increased 115% to $453.1 million from $210.9 million. Net income attributable to Gold.com increased to $82.3 million from $17.3 million. Diluted earnings per share increased to $3.02 from $0.71. Adjusted net income before income taxes increased 164% to $139.9 million, while EBITDA increased 179% to $179.8 million from $64.4 million. Fourth-quarter revenue was approximately $5.005 billion compared with $2.512 billion in the…

2026-09-12T07:02:56+00:00 font Enable Reading Mode A- A A+ Shafaq News- BasraIraq’s Basrah Medium crude rose $3.67 per barrel in August to average $82.04, up 4.68% from $78.37 in July, according to OPEC’s latest monthly report.The Iraqi grade outperformed Saudi Arab Light, which fell $1.36 to $86.52 per barrel, and Kuwait Export, which gained $0.76 to $82.78.Other regional grades posted larger gains. UAE Murban climbed $11.81 to $90.96 per barrel, while Algeria’s Sahara Blend rose $10.53 to $94.32.OPEC’s Reference Basket averaged $86.44 per barrel in August, up $3.45, or 4.1%, from $82.99 in July. Source link

The brain of a venture capitalist can be succinctly summarized as: The Venture Capitalist Eisenhower Matrix In venture, no one talks about the mistakes of commission: investing in companies that didn’t return as promised. There’s no scoreboard for how many of your checks get buried behind the back of the shed – it’s part of the job. In fact, our losses on investments equate to just 15 cents for every dollar invested across the funds we manage. But a single winner can have an outsized impact. Our stake in Databricks alone represents 20% of our total AUM.1 There are other…

MFs: Investors Have Constructive Outlook Towards Equities The small-cap segment remains one where differentiation is important, given the wide dispersion in valuations and underlying fundamentals Harish Krishnan, CIO – Equity, Aditya Birla Sun Life AMC FinTech BizNews ServiceMumbai, September 12, 2026: Association of Mutual Funds in India (AMFI) has released MF industry’s Monthly Data for August 2026. Highlights AMFI Mutual Fund Industry Monthly Data of Aug 2026 MF Folios Up 0.9% In AugMutual Fund Industry’s Net AUM stands at 87,07,887.74 crores for the month of August 2026. Net AUM for the month of July 2026 was Rs 85,75,656.52The AAUM for the month…

Understanding Monero’s Recent Surge: Macro Forces and Technical Breakout The 4.15 percentage point move in Monero (XMR) over the last 6 hours is most likely driven by a broad, CPI-related crypto rally and a technical breakout on XMR’s chart, with no clear Monero-specific news catalyst. Macro CPI Rally Lifting Altcoins Several news sources describe a strong, market-wide move after the latest US CPI release, with Ethereum and Bitcoin leading and altcoins following. One report notes that BTC and ETH “exploded” after CPI, with ETH up about 8% in 24 hours and over 5% in a single hour, and roughly $250…

Tobi Amusan won a silver medal and $75,000 in prize money in the women’s 100m hurdles at the inaugural World Athletics Ultimate Championships in Budapest, Hungary. Tobi Amusan won a silver medal and $75,000 in prize money in the women’s 100m hurdles at the inaugural World Athletics Ultimate Championships in Budapest, Hungary. Amusan clocked 12.34 seconds to finish second behind American Olympic champion Masai Russell, who capped her unbeaten season with a 12.22-second win. Dutch hurdler Nadine Visser completed the podium in 12.39 seconds, as Amusan delivered Nigeria’s first major result of the championships. Read Also: World Athletics Ultimate Championships:…