Archives
Launch of a new digital platform to facilitate fundraising for microfinance institutions – Key features of Impetus
In order to facilitate fundraising, a new digital platform called IMPETUS, has been deployed by MFIN (Micro Finance Institution Network). The platform was launched in partnership with Mindstone Maven LLP. “The decision has been taken to create a complete ecosystem for Microfinance Institutions in India. The online platform, IMPETUS exclusively for MFIN NBFC-MFI members, has …
Kerala government caps treasury payments following shortage of funds
Due to lack of funds, Keralait is Finance The department has capped Treasury payments in the first month of the new fiscal year. In its directive to treasures Director, the Department has requested the reduction of the Ways and Means limit from Rs 1 crore to Rs 25 lakhs with immediate effect. If there was …
Fundraising for start-ups becomes easier with AnteDAO, small investors get a decentralized investment platform
April 26, 2022 – The start-up ecosystem continues to grow, despite the pandemic. Breathing new life into them is the new business financing platform, AnteDAO, where start-ups can secure valuable funding through the incubation, acceleration and implementation stages. Here, investors can be anyone, as the barrier to entry is low. The token name for the …
Have Your Avocado Toast and Eat It Too – Fund Management/ REIT
To print this article, all you need to do is be registered or log in to Mondaq.com. Written by Frankie Barnett Does the term “Financial Responsibility” make you lose your eyes? The sad reality is that for many of us, when we finally land our dream job or get that big promotion, the excitement we …
PitchBook flags potential bottleneck in fundraising in 2022 – Fund Management/ REITs
April 26, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. Fundraising may be tougher in the second half than the first, says PitchBook’s full report Distribution of PE in the United States of the American market published on April 11. …
A pioneering real estate and fund management company based in East Africa
Interview with Daniel Kamau, CEO of Fusion Group Can you explain the nature of Fusion Group and what you do? Fusion Group is essentially a fund manager, real estate developer and investment manager. We develop and we will normally have skin in the game. We invest our money in this development and we are involved …
Public Funds Due Diligence in Funds-of-One – Fund Management/REIT
Finance Fund Friday has previously reported on the continued increase of public pension money into private equity. Typically, these investments are made in mixed funds with a diverse group of investors, but we also commonly see these public pension and retirement funds (each, a “public fund”) invest in a single fund vehicle where all or …
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Mehmet Oz and David McCormick spend millions
It’s good to be a pioneer. Or just incredibly rich. New financial reports filed on Friday detail how Mehmet Oz and David McCormick, the leading Republican candidates in the U.S. Senate race from Pennsylvania, spent a combined $18 million of their own personal fortunes to fuel their campaigns and make it the country’s most expensive …
Corporate Bonds: Fundraising via debt placement hits 6-year low at Rs 5.88 lakh cr in FY22
New Delhi, fundraising by listed companies through private placements of corporate bonds plunged to a six-year low in 2021-22 at Rs 5.88 lakh crore due to strong equity performance and aggressive disbursement of funds by banks at a lower interest rate. This was 24% below the record Rs 7.72 lakh crore mobilized in 2020-21, according …
Fundraising through debt placement hits 6-year low at Rs 5.88 billion in FY22
Fundraising by listed companies through private placements of corporate bonds fell to a six-year low in 2021-22 at 5.88 trillion rupees due to strong equity performance and disbursement aggressive funds from the banks at a lower interest rate. This was 24% below the record 7.72 trillion rupees mobilized in 2020-21, according to data from …
Private company fundraising via corporate bonds hits 6-year low in 2021-22
Fundraising by listed companies through corporate bonds fell to its lowest level in six years in 2021-22 New Delhi: Fundraising by listed companies through private placements of corporate bonds fell to a six-year low in 2021-22 at Rs 5.88 lakh crore due to strong equity performance and disbursement aggressive funds from the banks at a …
Section 13O/U Tight Fund Management Tax Incentive Criteria in Singapore – Finance and Banking
The MAS has announced significantly enhanced criteria for Section 13O/U fund management tax incentive schemes for fund vehicles managed by family offices. The changes come into effect for new requests made on or after April 18, 2022. This update urgently alerts our customers and contacts to the new stricter criteria announced by the Monetary Authority …
ICICI Bank’s Board of Directors is preparing a fundraiser
The council of private sector lenders will consider a fundraising on April 23, 2022. The bank plans to raise funds through the issuance of debt securities, including non-convertible offshore debentures/bonds/notes/certificates of deposit, in single/multiple tranches in any currency through public/private placement. The board will also review the fourth quarter results on April 23, …
Stricter Section 13O/U Fund Management Tax Incentive Criteria in Singapore
MAS has announced significantly enhanced criteria for Section 13O/U fund management tax incentive schemes for fund vehicles managed by family offices. The changes come into effect for new requests made on or after April 18, 2022. This update urgently alerts our customers and contacts to the new stricter criteria announced by the Monetary Authority of …
Fundraising dinner raises over £2,500 for Ukraine appeal
A special fundraiser organized by three Warrington councilors at the town’s Cinnamon Lounge restaurant raised more than £2,500 for the Ukraine Appeal. The event was organized by Warrington advisers Mo Hussain, Anthony Higgins and Sagheer Zaman. The collaboration has raised £2,550 for the DEC (Disaster Emergency Committee) charities who have been on the front line …
GoImpact’s Series A fundraising closed at a valuation of US$22 million
GoImpact fills the void in the market by offering the must-have training designed by world-class experts in sustainable finance and ESG. GoImpact is growing exponentially; its learning courses have extended their reach across APAC and Middle East. Founded by visionary industry veterans, GoImpact is on a mission to bridge the great gap between talk and …
Advocacy Center organizes awareness and fundraising events | Lifestyles
In recognition of April as National Child Abuse Prevention Month, the Children’s Advocacy Center of Lawrence County Inc. will host events to raise awareness and provide education about child abuse and prevention. The annual Steppin’ Up for Kids event focused on child abuse prevention, education and family fun takes place from 4-7 p.m. on April …
Adani Enterprises eyes fundraising on April 8
The Board of Directors will evaluate the proposal to raise funds by issuing shares or any other eligible security. The Adani Enterprises Board of Directors is scheduled to meet on April 8, 2022 to consider the proposal to raise funds by rights issue, preferential allotment, including placement in qualified institutions or by any …
Freeport Financial closes fifth direct lending fund, raising $1.5 billion in investable capital.
CHICAGO–(BUSINESS WIRE)–Freeport Financial Partners, LLC (“Freeport”), a U.S. lower-middle market direct loan manager, today announced the successful final closing of its fifth direct loan fund, Freeport First Lien Loan Fund V (“ Fund V”), raising $1.5 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed, …