Author: Charlotte

Lake Forest home of late CEO of Kraft and Quaker sells for $6.25 million Crain’s Chicago Business Source link

Refined strategy and disciplined execution position Company to unlock value from its portfolio, which includes Celea Therapeutics’ Phase 3-ready deupirfenidone for idiopathic pulmonary fibrosis, Gallop Oncology’s clinically-validated LYT-200 for myeloid malignancies, and Seaport Therapeutics’ advancing clinical-stage pipeline for neuropsychiatric disorders PureTech level cash, cash equivalents and short-term investments of $277.1 million1 and Consolidated cash, cash equivalents and short-term investments of $277.3 million1 as of December 31, 2025; Operational runway at least through the end of 2028, inclusive of the Company’s expected participation in Founded Entity fundraisings As of March 31, 2026, PureTech level cash and cash equivalents were $248.1 million2…

As concerns about the DeFi ecosystem grow following the KelpDAO-related rsETH crisis, Standard Chartered has also assessed the hack and its consequences. Banking giant Standard Chartered said the DeFi ecosystem remains strong despite the KelpDAO attack. According to The Block, Standard Chartered argues that despite the significant impact of the KelpDAO rsETH attack on the market, the DeFi ecosystem remains strong. A report authored by Standard Chartered analyst Geoffrey Kendrick acknowledged that the $292 million rsETH attack on April 19th exposed structural risks in DeFi and led to withdrawals of approximately $17 billion from Aave within three days. “However, despite…

The Department of Community Development and Applied Economics (CDAE) is delighted to welcome Anne Nelson Stoner as a new instructor beginning Spring 2026. Stoner will teach CDAE 3730: Project Development & Planning, a course that explores how effective project management supports equitable and sustainable development across public, private, and nonprofit settings.Stoner brings extensive experience in urban planning, equity, and community engagement. She currently serves as the Equity, Outreach & Engagement Manager at the Chittenden County Regional Planning Commission (CCRPC), where she leads projects that integrate equity into planning policy, community engagement, and organizational decision-making. Her work bridges municipal planning, regional…

“Uncertain” has been the operative word to describe everything from global geopolitics, Guam’s tourism economy, and now modern private investment markets, according to panelists at Tuesday’s meeting of the Rotary Club of Tumon.Jason Miyashita, past president of Rotary Club of Tumon and managing director of Asia Pacific Group of Raymond James, said investment portfolios have changed from the typical 60% stocks and 40% bonds spread.“It’s more of a 50% stocks, 20% to 30% bonds, and 20% to 30% alternative investments. So, this is changing the dynamic of investment portfolios,” he said.Alternative investments are financial assets that fall outside of the…

Real-world assets are moving on-chain. Here’s what advisors need to know. Tokenization is the process of representing real-world assets — government bonds, money market funds, real estate, private credit — as digital tokens on a blockchain. The concept is not new: stock certificates have always represented ownership claims. What is new is the infrastructure. Blockchain-based tokens settle in minutes rather than days, trade 24/7, and can be fractionalized to any denomination. The market is scaling rapidly. The real-world asset tokenization market reached $33.91 billion in 2025, representing 70% year-over-year growth. Forecasts range from McKinsey’s conservative $4 trillion to Standard Chartered’s…

What happenedAccording to its SEC filing dated April 28, 2026, Halter Ferguson Financial Inc. increased its stake in Upstart (UPST 8.06%) by 1,052,039 shares. The estimated transaction value, based on the average unadjusted closing price during the first quarter of 2026, was $37.01 million. The quarter-end value of the position increased by $19.48 million, a figure that incorporates both share purchases and stock price movement.What else to knowThe fund executed a substantial buy, raising its Upstart stake to 8.26% of 13F reportable assets.Top holdings after the filing:NASDAQ:TSLA: $215.75 million (47.7% of AUM)NASDAQ:QQQ: $42.01 million (9.3% of AUM)NASDAQ:UPST: $37.64 million (8.3%…

Almost one-third of Harvard’s varsity upperclassmen athletes study Economics. That’s because it’s too easy.Recent coverage suggests what many have long suspected: When looking for the easiest concentration, the plurality of athletes (and students overall) settle on Economics. As the College attempts to recenter academics through grading reforms, many students have responded that it should examine potential imbalances between departments. Economics is the place to start.The problem is twofold. First, the Economics Department offers many of its required courses at two levels of difficulty, letting students elect into an easy pathway. Second, the requirements fail to provide students with a diversity…

UBS Q1 2026 earnings: profit rises 80% on record trading qz.com Source link

Partners Group is positioning itself to benefit from market disruptions stemming from Middle East conflicts, liquidity pressures at rival private credit funds and growing doubts over AI software valuations. The extended mid-market specialist is slated to launch a special opportunities fund in coming months. The strategy, sitting between private equity and private credit in the risk-return spectrum, will provide tailored capital solutions to companies seeking an alternate to traditional financing. “In a market environment where you have a lot of transformation and disruption in industries, you have a huge refinancing need in the credit market that cannot be met by traditional capital…