Aviva guaranteed 90 fund

Share to Twitter Share to Linkedin The Black founder turned investor will write seed and pre-seed checks, backed by investors including Bank of America and billionaire Melinda French Gates. In March 2021, Monique Woodard closed part of the first fund for her new venture capital firm, Cake Ventures, and got to work. Many firms point to technological changes as the north star for their portfolios; a smaller but growing number focus on underrepresented founders who can get overlooked by some of Silicon Valley’s traditional check writers. Woodard, a veteran of startups and VC for two decades, was more interested in new businesses driving demographic change in a handful of very specific areas three complementary “layers” of a cake: our aging and longevity-minded population; the increased earning power of women in society; and the shift to “majority-minority,” as Woodard put it, a “new majority” of early tech adopters coming from Asian, Black and Latino … [Read more...] about Monique Woodard Unveils Cake Ventures, New $17 Million Fund Focused On ‘Demographic Change’

Australia’s conservative coalition is set to cut more than 90 percent of the funding related to global warming from their budget, from $5.75 billion this year to $500 million, over the next four years. Environmentalists and leftist politicians in the country protested the move by conservative Liberal Party Prime Minister Tony Abbott’s governing coalition to slash funding for climate programs, arguing such funding for green energy and reducing carbon dioxide emissions were necessary to stop global warming. But Abbott’s government shot back, saying that the country needed to reduce the size of government and improve the economy. “The coalition government acknowledges the role of renewable energy in Australia’s energy mix,” said Industry Minister Ian Macfarlane. “There is over $1 billion in funding for existing renewable projects to be completed over the coming years.” “Given the tight fiscal environment as a result of [liberal] Labor’s legacy of debt and deficit, the … [Read more...] about Aussies To Slash 90% Of Global Warming Funding From Budget

Representative image The coal ministry has decided that the first revision in Performance Bank Guarantee (PBG) would be done upon grant of mine opening permission for respective coal mines, a move that is expected to reduce financial burden on the bidders. A bank guarantee is a kind of guarantee from a lending organisation. As per the provisions of the tender document, PBG to be submitted for each successfully auctioned coal mine is to be revised annually based on the National Coal Index (NCI) for the month of April in the beginning of the year, the coal ministry said in a statement. Since NCI has become double since the launch of first commercial coal mine auctions in 2020, several representations were received from the industry for relaxation in PBG revision provisions. It was requested that unprecedented increase in NCI has led to significant financial burden on successful bidders, whose mines are in the pre-operationalisation stage, impacting fund availability for mine … [Read more...] about First revision in performance bank guarantee upon grant of coal mine opening permission: Govt

The mutual fund industry has been mushrooming in recent times. Over the past 5 years, the AUM has doubled to cross Rs 39.88 lakh crore¹, as on December 31, 2022, and the number of accounts stood at 14.11 crore .  This certainly suggests that more people are investing in mutual funds than ever before. But did you know that, there are 44² AMFI-registered fund houses which together offer thousands of mutual fund schemes. In 2022 alone, a total of 155 new mutual fund schemes were launched until November 2022³. On the face of it, that can make choosing the right scheme difficult. However, if you are willing to do a little homework before you decide what scheme and from which mutual fund house is best for you, the choice becomes easier. Here are some questions that you should consider, in the context of your unique financial situation and requirements. • Will this scheme enable me to meet my financial goals? Every investment we make must be mapped to a goal which we hope to achieve … [Read more...] about Checklist for investing in Mutual Funds

Share to Twitter Share to Linkedin The following summary derives from the Memorandum and Opinion of the U.S. District Court for the Southern District of Texas at Houston in matter captioned Sullivan v. Feldman , Case No. H-20-2236 (Dec. 20, 2022), and which you can ― and should ― read for yourself here . Although I will try in good faith to summarize this as accurately as possible, readers are cautioned that to the extent my summary in any way deviates from the Memorandum and Opinion then of course the latter should control. Two Louisiana plastic surgeons ("Doctors") were looking for a tax shelter for themselves and various of their medical-related businesses ("Doctor Entities"). The Doctors learned that a captive insurance company arrangement could provide them with the desired tax shelter, as well as also potentially reduce their exposure to various liabilities and losses, which was also a nice plus. The Doctors eventually stumbled upon Houston … [Read more...] about Attorney Stewart Feldman And Captive Manager Capstone Hit With Almost $90 Million Judgment By Their Clients

Nancy Davis’ hedge against rising prices, celebrated when it launched in 2019, has yet to hit the jackpot due to freakish circumstances in the debt market. Written by Brandon Kochkodin , Forbes Staff FALLING BEHIND Since inception, IVOL's total return is 8% lower than Schwab's TIPS ETF T ravel back through the mists of time to the faraway land of 2019. Inflation, at least for anyone younger than Jay Powell, was the stuff of legend — about as plausible as unicorns, fire-breathing dragons or a killer virus that would shut down the world economy. Not so for Nancy Davis, the CIO of Quadratic Capital Management. While others were asking whether inflation was dead , Davis was pitching her firm’s Interest Rate Volatility & Inflation Hedge ETF (IVOL). IVOL is a chimera, a lion with a goat’s head sticking out of its back. Most of its assets are held in a bond ETF that any mom or pop can buy. The rest of the money goes to options bets that are off … [Read more...] about This Investment Fund, Once $3.5 Billion, Was Designed To Combat Inflation. How Could It Be Losing The Battle?

Under the new system proposed by Sebi, the client money stays in the custody of the client till settlement (Representative image) The Securities and Exchange Board of India ( Sebi ) is proposing a game-changing reform in the secondary market. It has put out a consultation paper on allowing investor money to flow directly from his/her bank account to the secondary market, instead of from an account maintained by their stock brokers. A similar system is already in place for the IPO market, where a person can subscribe to an issue through the Application Supported by Blocked Account (ASBA) route. Here, the money is forwarded to complete the order only if the person is allotted shares; otherwise, the money is freed up. Also read: SAT sets aside Sebi's disgorgement order against NSE Why is this proposal momentous? While it protects investors’ money from being misused by intermediaries, including stockbrokers, it could mean higher brokerage fee and the end of many small … [Read more...] about Explained: Why is Sebi’s ‘blocking funds’ proposal causing sleepless nights?

Share to Twitter Share to Linkedin Bhaskar Ahuja is the founder of Originscale Corp , a serial entrepreneur and product manager who specializes in startup product management. Raising funds for your startup is no easy task. There's a lot you need to consider, from creating a compelling pitch deck to building the perfect team and having all of the proper documents. But beyond that, there are specific characteristics necessary for any startup founder looking to make their fundraising efforts successful. Let’s explore those characteristics and how they can help you. Believing In Your Vision As a founder, it's your job to believe in the vision you have for your company. It's essential to have faith in yourself and your product or service and to articulate why you are passionate about it and how it can make a real difference. When people cannot see what founders are seeing—a revolutionary change—having an immense conviction in what you preach is … [Read more...] about Unlocking Funding For Your Startup

ZURICH — President Ferdinand “Bongbong” Marcos Jr. kept the doors open for new suggestions on how to customize the proposed sovereign wealth fund to the country’s needs. “The more we study it, the more it’s clear that although the sovereign wealth funds around the world have the same name, they’re all very different. They’re different in purpose, they’re different in methodology and of course, they operate in a different context of law,” Marcos said in a press briefing on Friday at the end of his week-long participation at the World Economic Forum (WEF) meetings. “So we have to design it very specifically to the Philippine condition, and that’s what the legislators are trying to do now: to make sure that it is customized for us and it will be a good thing for us. So that’s the process that we’re undergoing now,” Mr. Marcos said. In a chance interview with the media, House Speaker Martin Romualdez, who was part of the Philippine delegation, said the Maharlika fund became a … [Read more...] about Marcos wants to ‘design, customize’ Maharlika fund to PH’s needs

Share to Twitter Share to Linkedin Dr. April Willis, Principal Business Consultant & Coach at April Willis Consulting, LLC . One of the greatest challenges for nonprofit organizations relates to funding. Oftentimes, nonprofit organizations provide free or low-cost services to communities in need and they struggle to fund those services. However, just as with most businesses, there are opportunities in the nonprofit world to diversify revenue streams. If nonprofits can secure multiple sources of funding, they not only look more appealing to potential donors, but they also operate a more sustainable model that is not solely dependent on one source of funding. Let’s explore ten go-to sources of funding for nonprofit organizations: 1. Private Grants Private grants are one of the most common sources of funding for nonprofit organizations. These are generally found through grant research on databases or through local charitable resource hubs. … [Read more...] about Where To Find Funding For Nonprofit Organizations