One River Digital raises $41M from Goldman Sachs and Coinbase (Coin Telegraph)
One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year. One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs and Coinbase Ventures.
Top Aussie Hedge Fund Manager Banned for Market Manipulation (Hedge Week)
The Australian Securities and Investments Commission (ASIC) has banned Dylan Christopher Rands, of Sydney, NSW, from providing financial services for five years after finding he engaged in market manipulation. Rands was a former dealer and portfolio manager at AUD2 billion hedge fund group Regal Funds Management Pty Ltd (Regal). As part of his portfolio-manager role, Rands managed trading in Clearview Wealth Limited shares, which were held in several Regal funds.
Invesco is Partnering with Mike Novogratz’s Galaxy Digital to Launch Crypto ETFs (Business Insider)
Invesco confirmed in a regulatory filing on Tuesday it is partnering with Galaxy Digital Holdings to launch cryptocurrency exchange-traded funds, joining a long list of over two dozen companies pining to be the first in the country to launch a fund backed by digital assets. Invesco, one of the biggest operators of ETFs in the US, and Mike Novogratz‘s Galaxy Digital is aiming for their ETF to track the performance of cryptocurrencies while trading like a stock.
Tuesday 9/21 Insider Buying Report: MIDD, NMFC (Nasdaq.com)
On Thursday, Middleby’s Director, Robert A. Nerbonne, made a $201,650 purchase of MIDD, buying 1,165 shares at a cost of $173.09 a piece. Middleby is trading off about 0.7% on the day Tuesday. This purchase marks the first one filed by Nerbonne in the past twelve months. And also on Thursday, Director Rome G. Arnold III bought $197,194 worth of New Mountain Finance, buying 15,000 shares at a cost of $13.15 each. New Mountain Finance is trading up about 2.4% on the day Tuesday.
The Non-Executive of Canadian National Railway (NYSE: CNI) is Buying Shares(Analyst Ratings)
Today, the Non-Executive of Canadian National Railway (CNI), Margaret Anne Mckenzie, bought shares of CNI for $441.9K. This recent transaction increases Margaret Anne Mckenzie’s holding in the company by 179% to a total of $539.1K. Following Margaret Anne Mckenzie’s last CNI Buy transaction on February 04, 2021, the stock climbed by 12.2%.
CS Disco Insider Sold Over $69.67 Million In Company Stock (Benzinga)
Krishna Srinivasan, Director at Cs Disco (NYSE:LAW), made a large insider sell on September 17, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Srinivasan sold 1,358,699 shares of Cs Disco at a price of $51.28. The total transaction amounted to $69,670,688.
