Coatue raises $331M for third early-stage fund, falling short of target

Coatue Management has raised $331 million for its third early-stage fund. The target was $500 million – the amount raised [Read More]
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Tiger Global makes $3.5B profit on its $1.2B Flipkart investment…WalMart pays $1.4B for Tiger Global’s remaining Flipkart stake

 WalMart bought out Tiger Global’s remaining stake in Flipkart for $1.4 billion. Tiger Global, which cashed out most of its [Read More]
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Bill Hwang wants to subpoena 10 bank counterparties as they “played a pivotal role” in Archegos collapse

Archegos Capital founder Bill Hwang is seeking to subpoena 10 banks in order to shift blame that the family office [Read More]
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More details available on Canada Pension Plan Investment Board’s seeding program

As reported on Monday, Canada Pension Plan Investment Board is planning to seed more hedge fund startups. They aim to [Read More]
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SEC unveils proposal regarding broker-dealer conflict of interest and artificial intelligence…SEC adopts new rule that publicly traded companies must disclose significant cybersecurity breaches within four days          

The Securities and Exchange Commission has unveiled a proposal that would require broker-dealers to determine if their use of AI [Read More]
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