TPG just raised $1.6 billion for a tech-focused fund after bets on Uber, Spotify, and other private companies paid off big — and shows some of the problems with current funding models

TPG created this fund to buy in to some of the private-company opportunities that didn't fit into its traditional private-equity funds.

May 08, 2019   |   View Online »

TPG just raised $1.6 billion for a tech-focused fund after bets on Uber, Spotify, and other private companies paid off big — and shows some of the problems with current funding models Meghan Morris | TPG created this fund to buy in to some of the private-company opportunities that didn't fit into its traditional private-equity funds. Read More »

A rising hedge fund star is shorting the Australian wine company that owns popular brands Beringer and 19 Crimes Bradley Saacks | Angela Aldrich, founder of Bayberry Capital, pitched attendees at Sohn's Investment on shorting the world's third biggest wine producer, Treasury Wine Estates. Read More »

Multi-billion-dollar hedge fund manager Daniel Sundheim is pumping up Netflix, but dismisses the Canadian pot industry Bradley Saacks | In a talk at the Sohn Investment Conference, D1 Capital founder Daniel Sundheim said "growing marijuana is just inherently not a good business." Read More »

Citigroup is switching up its innovation strategy in an effort to supercharge its markets tech Dan DeFrancesco | The bank is in search of a global head of its innovation labs whose responsibilities will include integrating the labs so they work together. Read More »

Another senior JPMorgan equities trader has bolted for Citigroup to run a business in prime finance Dakin Campbell | A senior equities trader has left JPMorgan for Citigroup, at least the second such exec to do so in the last nine months. Read More »

A top-rated wealth manager for pro athletes reveals the mistakes newly minted millionaires often make — and explains how he helps them avoid those pitfalls Marley Jay | A wealth manager named Evan Rothstein, who handles money for more than 20 professional athletes, explains the errors and troubles his clients face. Read More »

BlackRock says investors are piling into emerging-market ETFs — and it's a sign the US economy is slowing Callum Burroughs | Investors are fueling massive inflows into emerging-market exchange-traded funds to ensure they don't miss out on rallies outside developed economies. Read More »

Many traditional VCs are hesitant to buy into cannabis startups, but these investors are taking the plunge Megan Hernbroth | Snoop Dogg's venture firm Casa Verde Capital has been freer than most firms to invest in a range of cannabis companies. Read More »

The investment chief at America's 2nd-biggest pension fund warns markets are foolishly overlooking climate change — and paints a stark picture for the future Joe Ciolli | Chris Ailman, the chief investment officer of the $228 billion CalSTRS, says market participants are overlooking climate change at their own peril. Read More »

Moody's is sounding the alarm on risky car loans Jim Edwards | The credit-ratings agency previously changed its outlook on the global auto manufacturing industry from "stable" to "negative." Read More »

Share This Email    Read Business Insider On The Go

Email sent to: ipat39@gmail.com Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Ave, New York, NY 10011