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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 …

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 …

April 28, 2022 Anderson kills To print this article, all you need to do is be registered or log in to Mondaq.com. Key points: Liberty Insurance insurers must pay funds to settlement trust formed by USA Gymnastics bankruptcy settlement with Nassar sex abuse victims Court rules Nassar’s guilty plea to …

During the meeting of April 28, 2022 IIFL Finance’s Board of Directors, at its meeting on April 28, 2022, approved the annual enabling resolution for the raising of funds through the issuance of non-convertible debentures, on a private placement basis, until to a limit of Rs. 10,000 crore, subject to member approval at …

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 …

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 …

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 SALTCOATS group which raised money to help revamp Winton Circus play park has now reached its goal of over £150,000. Saltcoats Active Lifestyle Team (SALT) have been working alongside North Ayrshire Council to raise funds for the full refurbishment, and now it looks like the job is not far from complete. However, due to …

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 …

Margaret Hollinger, 79, of Cochranville, a singer, actress, model, writer and prolific fundraiser for the Episcopal Academy and other local organizations, died on Friday April 15 of complications from Parkinson’s disease at home. Known around Villanova, Drexel Hill and Philadelphia in the 1940s and 1950s as the “little girl with the big voice”, Ms. Hollinger …

During the meeting of April 20, 2022 Inox Wind’s Board of Directors, at its meeting on April 20, 2022, approved the raising of funds up to Rs 402.50 crore through preferential issuance of shares and convertible warrants to Inox Lending and Finance (promoter group), Samena Green (non-promoter foreign company) and Lend Leasing (India) …

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 …

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 …

MEP Infrastructure Developers rose 3.73% to Rs 20.85 after the company said its board would consider a fundraising on April 21, 2022. The Board of Directors will evaluate proposals for raising funds through the issuance of shares/any other security; equity warrants, including by preferential issue/preferential allotment in the context of a private placement; …

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 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 …

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 …

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 …

Written by Jo Peacegood and Stephen Rouxel Guernsey Investment and Fund Association What awaits the investment fund industry in the next year? Jo Peacegood and Stephen Rouxel, President and Vice President of the Guernsey Investment & Funds Association respectively, share some predictions and what it will mean for Guernsey. Jo Peacegood There is a significant …

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, …

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 …

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 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 …

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 …

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 …

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, …