LGT Capital Partners Soars Past Crown Asia-Pacific Private Equity V Target to Strike $1.65bn Hard Cap (Opalesque)
Swiss alternative investment specialist LGT Capital Partners has held the final close of its fifth Asia Pacific fund-of-funds at a hard cap of $1.65 billion, which exceeded the $1 billion target. The largest family-owned private banking and asset management group in the world said in a press release that the fund, Crown Asia-Pacific Private Equity V (CAPE V), attracted commitments from more than 50 institutions, including pension funds, insurance companies, university endowments, and foundations in Europe, the US, Canada, Australia, and the Middle East.
Vive Funds Exits Atlanta Multifamily Investment Property, Yields Strong Return for Investors in a Record 19 Months (GlobeNewswire)
DALLAS, June 24, 2022 (GLOBE NEWSWIRE) — Dallas-based Vive Funds is pleased to announce its latest exit of a multifamily property located in Marietta, Georgia. The project successfully generated strong returns for its investors, with the equity multiplier reaching ~1.8 in just 19 months. The real estate investment fund was able to exit the property in a mere 19 months despite an initial business plan of five years.
Few Hedge Funds Prove to Be Profiting From Market Downturn (BeinCrypto)
Although many investors have suffered huge losses at the sudden descent of digital assets like Bitcoin and TerraUSD, a few computer-based funds have capitalized on them using algorithms. Appia fund: One such investor is former Lehman Brothers and Morgan Stanley trader Jay Janer, whose Appia fund wagers on rising and falling crypto futures prices. When it bets the market is going down, it places short positions to take advantage of the rapid decline.
Friday 6/24 Insider Buying Report: EVA, RSVR (Nasdaq.com)
On Thursday, Enviva’s CEO, John K. Keppler, made a $994,650 buy of EVA, purchasing 16,422 shares at a cost of $60.57 each. So far Keppler is in the green, up about 2.3% on their purchase based on today’s trading high of $61.97. Enviva is trading up about 5.5% on the day Friday. And also on Thursday, Director Ezra S. Field purchased $149,960 worth of Reservoir Media, purchasing 23,000 shares at a cost of $6.52 a piece. Reservoir Media is trading up about 4.8% on the day Friday. Field was up about 3.8% on the purchase at the high point of today’s trading session, with RSVR trading as high as $6.77 in trading on Friday.
Executives Sell More Than $67M Of 5 Stocks: NetApp, Eli Lilly And More (Benzinga)
Centene: The Trade: Centene Corporation (CNC) Director Richard Gephardt sold a total of 13,520 shares at an average price of $83.05. The insider received around $1.12 million from selling those shares. NetApp: The Trade: NetApp, Inc. (NTAP) CEO George Kurian sold a total of 2,125 shares at an average price of $65.04. The insider received around $138.21 thousand as a result of the transaction.
