Morgan – Page 249 – I wish I had more to offer

US fund gaint Vanguard to close Shanghai office, exit JV with Ant

US fund giant Vanguard Group is shutting its main Shanghai office and exiting from a joint venture with Ant Group, five sources with knowledge of the matter said, moves that will end its six-year presence in the world’s second-largest economy. A complete exit from China’s 27 trillion yuan ($3.92 trillion) funds market would come about… Continue reading US fund gaint Vanguard to close Shanghai office, exit JV with Ant

UK’s Illuminate Financial on track to close $220m Fund 3, opens SG office

London-headquartered B2B fintech venture capital firm Illuminate Financial is nearing the final close of its third $220-million fund, which will see it increase its deployments into Asia, said a senior executive at the firm. The investor has secured capital commitments of around $200 million from limited partners (LPs) including Jefferies, JP Morgan, Citi, S&P Global,… Continue reading UK’s Illuminate Financial on track to close $220m Fund 3, opens SG office

11 Most Promising Car Stocks According to Analysts

In this article, we will take a look at the 11 most promising car stocks according to analysts. To see more such companies, go directly to 5 Most Promising Car Stocks According to Analysts. The market volatility that started in 2022 also took its toll on the automobile industry. The industry, which was in the… Continue reading 11 Most Promising Car Stocks According to Analysts

Overair Names Thomas “Tom” Whayne as Chief Financial Officer

Whayne brings over 25 years of financial leadership in investment banking and tech start-ups SANTA ANA, Calif., March 20, 2023 /PRNewswire/ — Overair, an emerging global leader in advanced air mobility and developer of all-electric vertical takeoff and landing aircraft (eVTOL), today announced the appointment of Tom Whayne as chief financial officer (CFO), effective immediately.… Continue reading Overair Names Thomas “Tom” Whayne as Chief Financial Officer

J.F. Lehman & Company Acquires Atlas Air Worldwide In Partnership With Apollo and Hill City Capital

PURCHASE, N.Y., March 17, 2023 /PRNewswire/ — Atlas Air Worldwide (“Atlas,” “AAWW” or the “Company”), a leading global provider of outsourced aircraft and aviation operating services, today announced that the investor group led by funds managed by affiliates of Apollo (NYSE: APO), together with investment affiliates of J.F. Lehman & Company (“J.F. Lehman”) and Hill… Continue reading J.F. Lehman & Company Acquires Atlas Air Worldwide In Partnership With Apollo and Hill City Capital