Author: Charlotte

Mercer, a business of Marsh, announced the successful close of Mercer Private Investment Partners VIII, securing more than $3.8 billion in capital commitments from institutional investors. PIP VIII represents the eighth vintage in Mercer’s Private Investment Partners series, which provides investors with diversified access to global private markets, including private equity, private debt, infrastructure, and real estate. The fund is structured with both U.S. and Luxembourg vehicles to accommodate domestic and international investors. The strategy offers exposure across primaries, co-investments, secondaries, and specialized opportunities within a single fund structure, aiming to simplify access to private markets while reducing operational complexity…

Key PointsAmazon and Alphabet shares have been under pressure this year on fears of AI infrastructure overspending.However, both companies have good reasons to aggressively pursue this opportunity.Analyst Nick Jones of BNP Paribas was recently out with a bullish note on Alphabet(NASDAQ: GOOGL)(NASDAQ: GOOG) and Amazon(NASDAQ: AMZN), saying that fears over artificial intelligence (AI) infrastructure spending are “overdone.” Data center spending has become a hot-button issue to start the year, as some investors have questioned the economics of this spending.This includes famed investor Michael Burry, who was portrayed by actor Christian Bale in the movie The Big Short. Burry argued last…

Got story updates? Submit your updates here. ›The global economy faces a perfect storm of geopolitical tensions, energy shocks, and rising inflation in the wake of the US-Israeli conflict with Iran.Washington TodayThe world is facing an unprecedented economic crisis, a perfect storm of geopolitical tensions, rising inflation, and energy shocks following the US-Israeli war on Iran. This conflict has disrupted global energy supplies, causing oil and gas prices to surge and triggering broader economic turmoil that is reshaping global economic dynamics. Why it matters Unlike policies that can be reversed, the consequences of bombing campaigns are far more permanent, with…

Anglo-Italian hard rock stalwarts Silver Horses have officially joined the Elevate Records roster. The signing comes with the announcement that the band’s fourth studio album, Weird Tales, is slated for release in June 2026. Founded in 2011 by guitarist Gianluca Galli, the band has previously featured the legendary Tony Martin (ex-Black Sabbath). The current “authoritative” … Continue reading Silver Horses sign with Elevate Records for new album ‘Weird Tales’ Source link

Got story updates? Submit your updates here. ›A new California bill aims to curb ticket scalping and keep Coachella accessible to a wider range of music fans.Coachella TodayCoachella, one of the world’s most popular music festivals, has seen a surge in ticket scalping and resale prices ahead of this year’s sold-out event featuring the highly anticipated return of pop star Justin Bieber. In response, the California state legislature is considering a new bill that would limit the markup on resold Coachella tickets to prevent price gouging. Why it matters Ticket scalping and exorbitant resale prices have long been an issue…

Willis Towers Watson (WTW) Launches Digital Infrastructure Protector Solution Insider Monkey Source link

Everyday Economics: The macro backdrop is more difficult, and that matters for housing The Center Square Source link

Hong Kong is seeking to promote its credentials as a stand-out centre for digital assets. As part of this, the HKMA has built a stablecoin licencing framework, which took effect in August 2025. Hong Kong’s central bank and regulator has granted stablecoin issuer licences to HSBC and a consortium, Anchorpoint Financial. The licences took effect from 10 April.The licensees plan to complete the preparation work and launch business in the next few months, the Hong Kong Monetary Authority said in a statement last Friday.Anchorpoint Financial, formed last year, is backed by Standard Chartered, Animoca Brands, and Hong Kong Telecom.Hong…

Bill Ackman has been making a lot of moves recently. Last month, his hedge fund filed IPO paperwork for a dual offering, establishing a new closed-end Pershing Square fund while bringing his hedge fund management company to the public market. This month, he offered a takeover bid for Universal Music Group with plans to re-list it on a U.S. exchange. (Pershing Square already owns a sizable stake in Universal.) But investors don’t have to invest directly with Ackman to take advantage of his best ideas. The value investor manages a portfolio with just 13 stock positions, and he generally holds…

Address Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL Grupo Cibest SA formerly BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company’s operations are in Colombia, Panama, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala. The Bank has the following segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking and All other segments. The majority of revenue is…