You got to hand it to a lad Gil being good enough to be able to raise a $3 billion solo fund. I mean you two guys have solo funds and you know to be good enough in terms of your returns to be able to raise that size of fund as a solo GP and I would say also to have going back to the word that we clearly love in 2025 a perception of taste and style such that you become a preferred investor. You got to hand it to the. ...

Investment & Adoption - Texas becomes the first U S state to add Bitcoin exposure to a state-managed investment fund [1] - Texas purchased approximately $5 million of BlackRock's IBIT ETF under its new SB 21 Bitcoin Reserve [1]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Uzbekistan is likely to push ahead with the initial public offering of its national investment fund as the country’s first-ever listing in London, paving the way for other state-backed companies, according to people familiar with the matter https://t.co/aDe3XLjIcj ...

A Saudi state-backed developer building one of the world’s largest city parks started a $1 billion investment fund to drive development and attract private investors https://t.co/0bDN4YNXqZ ...

International Relations & Funding - The UK will not invest in a Brazilian fund [1] - The Brazilian fund aims to raise at least $10 billion by next year [1] Environmental Impact & Goals - The UK's decision casts doubt on Brazil's goal of raising $10 billion for rainforest protection [1]

Trade - The U.S. and South Korea agreed to reduce tariffs on U.S. imports of Korean auto and auto parts from 25% to 15%, aligning them with Japanese competitors [2] - South Korean manufacturers of wood products and pharmaceuticals will benefit from the lowest tariffs, while aircraft parts and generic drugs will face zero tariffs [2] - South Korean chipmakers will maintain competitive parity with Taiwanese competitors, and additional market openings for agricultural products like rice and beef were successfully defended [3] Investment - A $350 billion investment fund will be split into $200 billion in cash, paid in phased installments capped at $20 billion per year, to stabilize the dollar-won onshore market [4] - The remaining $150 billion will focus on shipbuilding cooperation, including guarantees and investments by South Korean companies, aimed at reducing burdens on the foreign exchange market [5] - LS Group, a South Korean cable manufacturer, committed to investing $3 billion by 2030 for U.S. power-grid infrastructure [6] - HD Hyundai, a South Korean shipbuilder, will collaborate with Cerberus Capital Management on a $5 billion investment project to enhance American shipyards and supply chains [7]

Trade - The U.S. and South Korea agreed to reduce tariffs on U.S. imports of Korean auto and auto parts from 25% to 15%, aligning them with Japanese competitors [2] - South Korean manufacturers of wood products and pharmaceuticals will benefit from the lowest tariffs, while aircraft parts and generic drugs will face zero tariffs [2] - South Korean chipmakers will maintain competitive parity with Taiwanese competitors, and additional market openings for agricultural products like rice and beef were successfully defended [3] Investment - A $350 billion investment fund will be split into $200 billion in cash, paid in phased installments capped at $20 billion per year, to stabilize the dollar-won onshore market [4] - The remaining $150 billion will focus on shipbuilding cooperation, including guarantees and investments by South Korean companies, which will alleviate pressure on the foreign exchange market [5] - The deal structure mirrors the recent Japan-U.S. agreement but includes more safeguards for South Korea's foreign currency market, such as the $20 billion annual limit [6] Raising Funds - Profits from the investments will be split 50/50 before recouping initial investments, with a focus on commercially viable projects [7] - South Korea plans to utilize operating income from foreign assets, including interest and dividends, and will likely raise funds from offshore markets instead of local government-backed bonds [7] - An investment committee led by U.S. Commerce Secretary Howard Lutnick will evaluate potential projects [8]

Fund Overview - A central enterprise strategic emerging industries development special fund, initiated by the State-owned Assets Supervision and Administration Commission (SASAC) and managed by China Reform Holdings Corporation Ltd (China Reform), has been launched [1] - The fund's first phase amounts to 51 billion yuan [1] - China Reform plans to invest approximately 15 billion yuan, representing about 29.4% of the initial fund size [1] - The fund has an investment period of 5 years and a management/exit period of 8 years, with a possible extension of the investment period by up to 2 years, totaling 15 years [1] Investment Focus - The fund will support central enterprises in strengthening weak links in the industrial chain and deploying cutting-edge innovations [1] - Key areas of support include strategic emerging industries like artificial intelligence, aerospace, high-end equipment, and quantum technology [1] - The fund will also target future industries such as future energy, future information, and future manufacturing [1]

Investment & Funding - The US government has invested in a new fund for critical minerals [1] - Orion and Abu Dhabi's ADQ are also investing alongside the US government [1]