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德阳投控重产股权投资基金合伙企业(有限合伙)成立
Zheng Quan Ri Bao Wang· 2025-10-23 12:43
本报讯(记者袁传玺)天眼查App显示,近日,德阳投控重产股权投资基金合伙企业(有限合伙)成立,执 行事务合伙人为德阳市世纪发展投资引导基金管理有限公司,出资额30亿元,经营范围为以私募基金从 事股权投资、投资管理、资产管理等活动,私募股权投资基金管理、创业投资基金管理服务,创业投 资,由德阳投控产业投资引导基金合伙企业(有限合伙)、德阳市世纪发展投资引导基金管理有限公司共 同出资。 ...
BOND: Reasonable Investment-Grade Bond ETF, But Too High An Expense Ratio For A Buy Rating
Seeking Alpha· 2025-10-23 02:31
Core Insights - The CEF/ETF Income Laboratory manages portfolios targeting approximately 8% yields through closed-end funds (CEFs) and exchange-traded funds (ETFs) [1] - The PIMCO Active Bond ETF is highlighted as a top investment choice in the investment-grade bond ETF space, particularly as credit spreads are near historical lows [1] Group 1: Investment Strategy - The service focuses on creating managed income portfolios that utilize high-yield opportunities in the CEF and ETF sectors, catering to both active and passive investors [1] - Most holdings in the CEF/ETF Income Laboratory are monthly payers, which facilitates faster compounding and provides steady income streams [1] Group 2: Analyst Background - Juan de la Hoz has extensive experience in fixed income trading, financial analysis, and economics, with a focus on dividend, bond, and income funds, particularly ETFs [2]
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in September
Businesswire· 2025-10-22 22:00
Core Points - Lazard Global Total Return and Income Fund, Inc. has confirmed a monthly distribution of $0.14646 per share on its outstanding common stock [1] - The distribution is scheduled to be payable on November 24, 2025, to shareholders of record on November 12, 2025 [1] - The ex-dividend date is also set for November 12, 2025 [1]
约印15亿医疗基金落地,政企携手赋能产业创新;联通网络安全股权投资基金成立,规模10亿元 | 10.13-10.19
创业邦· 2025-10-22 00:23
Core Insights - The article provides a comprehensive overview of significant fund events and initiatives in the private equity market, highlighting various government-guided and market-driven funds aimed at fostering innovation and industrial development across multiple sectors [5]. Government-Guided Funds - Changsha has established a 500 million yuan youth entrepreneurship fund focusing on investments in high-tech sectors such as new information technology and biomedicine [7]. - Jinhua's Pan'an County is publicly selecting fund management institutions for a 1 billion yuan industrial fund aimed at advanced manufacturing and digital economy [8]. - Sichuan's 5 billion yuan results transformation fund is seeking third batch fund management institutions, with a requirement that 70% of funds be directed to local tech enterprises [8]. - Hubei has launched a 10 billion yuan optoelectronic information industry mother fund, focusing on hard technology fields like integrated circuits and laser technology [9]. - The Yangtze River Delta has set up the first cross-provincial fiscal sharing fund, with an initial scale of 500 million yuan, emphasizing green and technological innovation [9]. Market-Driven Funds - Suzhou has established a new fund with a total investment of 17.15 billion yuan, focusing on equity and venture capital investments [14]. - Jiangxi's Jiangxi Tungsten Mining Fund has been set up with a scale of 5 billion yuan, targeting overseas resource acquisitions [14]. - Shenzhen has launched a 50 billion yuan semiconductor and integrated circuit industry fund, focusing on core areas such as chip manufacturing and advanced packaging [14]. - A 20 billion yuan low-altitude economy industry fund has been established by Zhongyu Aviation Group to enhance the development of low-altitude economic sectors [16]. - The Gobi-Redbird Innovation Fund has been formed to incubate early-stage tech projects, with a target return rate of 20% over 7-8 years [18]. Fund Expansion and Collaboration - Hebei Yangyuan Beverage has increased its private fund to 4 billion yuan, indicating a strategic move to utilize idle funds for returns [21]. - Shenzhen Energy has participated in a 10 billion yuan renewable energy fund, focusing on sectors like digital grids and hydrogen energy [21]. - The Shanghai-based PuXing Collaborative Fund has expanded to 602 million yuan, enhancing its capital structure [22]. - Cangge Mining has increased its investment in the Jiangsu Cangqing New Energy Fund, aiming to support lithium extraction projects [26].
The China Fund, Inc. Announces Results of Special Meeting of Stockholders: Proposal to Liquidate and Dissolve the Fund is Approved
Prnewswire· 2025-10-21 21:45
Core Points - The China Fund, Inc. has announced the approval of its liquidation and dissolution plan by stockholders during a special meeting held on October 21, 2025 [1] - The Fund will liquidate its portfolio and distribute cash to stockholders, ceasing normal business activities except for winding up its affairs [2] - The transfer agent will close the books on shares on October 29, 2025, with the last day of trading expected to be the same date [3] Distribution and Tax Implications - The Fund plans to make a primary distribution of liquidation proceeds to stockholders on October 31, 2025, after determining stockholder interests based on holdings as of the Determination Date [3][4] - Liquidation proceeds will equal the Fund's net asset value after settling all charges, taxes, expenses, and liabilities [4] - Liquidation will generally be a taxable event for stockholders, who may realize capital gains or losses based on the difference between distributions received and their adjusted basis in the Fund shares [5][6] Trading and Market Impact - Stockholders can sell their shares in the secondary market until the market close on the Determination Date, but trading will cease thereafter [6] - The Fund's shares will no longer be actively traded post-Determination Date, and there is no assurance of a market for buying or selling shares afterward [6][7]
Herzfeld Credit Income Fund, Inc. Announces Final Tender Offer Results
Globenewswire· 2025-10-21 12:00
Core Viewpoint - Thomas J. Herzfeld Advisors, Inc. and Herzfeld Credit Income Fund, Inc. announced the final results of a cash tender offer to purchase up to 5% of its outstanding common shares at 97.5% of the Fund's net asset value as of October 15, 2025 [1][3]. Summary by Relevant Sections Tender Offer Details - The Fund offered to purchase up to 5% or 845,433 shares of its outstanding common shares [2]. - A total of 11,603,885 shares were properly tendered, with 845,433 shares to be purchased [2]. - The pro-ration factor for the tender offer was calculated at 7.2858%, meaning that only a portion of the shares tendered would be accepted [2][4]. - The purchase price for the shares accepted was set at $2.5935, which is equal to 97.5% of the Fund's NAV per share [2][3]. Company Background - Thomas J. Herzfeld Advisors, Inc. is an SEC-registered investment advisor established in 1984, specializing in investment analysis and account management in closed-end funds [6].
70亿,全国首支AIC产业母基金,花落深圳福田
母基金研究中心· 2025-10-21 11:11
1 0月2 1日,在2 0 2 5香蜜湖财富管理周暨"深圳创投日"活动中,深圳市建源政兴股权投资基金 (简称"建源政兴基金")正式揭牌,深圳市委金融办常务副主任时卫干和福田区委副书记、区 人民政府党组书记、区长周江涛出席并见证建源政兴基金的发布。 该基金由建信金融资产投资有限公司、深圳市海洋投资公司、深圳市引导基金、福田区引导基 金共同发起设立, AIC母基金规模7 0亿元,后续拟设立的子基金放大规模为2 0 0亿元 。这将 成为继建信领航战略新兴产业发展基金后,福田区与中国建设银行联合设立的第二支股权投资 基金,进一步夯实双方在股权投资领域的深度协同基础。基金旨在通过"耐心资本"之间的携 手,共同服务于产业投资、并购整合、强链补链和投贷联动等多重目标。 该基金的落地,标志 着 AIC首次通过母基金的方式参与深圳市" 2 0+8 "产业投资,为招引银行资金参与战略性新兴 产业投资打造了"深圳金融样板" 。 01 AIC创新架构与深圳市"20+8"产业基金体系深度融合的典范 该基金创新采用母子基金架构,聚焦投资深圳的基金群总规模有望达到 2 0 0亿元,有效打通银 行资金放大落地"最后一公里"。通过撬动广泛社会 ...
The Taiwan Fund, Inc. Announces a New Conditional Tender Offer Policy
Prnewswire· 2025-10-20 13:07
Accessibility StatementSkip Navigation BOSTON, Oct. 20, 2025 /PRNewswire/ -- The Board of Directors of the Taiwan Fund, Inc. (NYSE: TWN) (the "Fund") announces today that its Board has adopted a new conditional tender offer policy (the "Policy"). The current conditional offer policy expires on December 31, 2025. Under the Policy, the Fund would conduct a tender offer to purchase up to 25% of its outstanding shares at 98% of net asset value ("NAV") if the Fund's NAV performance for the five year period endin ...
IFN: Still A Buy, But With Caveats (NYSE:IFN)
Seeking Alpha· 2025-10-20 12:37
Group 1 - The India Fund Inc (NYSE: IFN) is an active closed-end fund that tracks the Indian markets and provides decent income from capital appreciation [1] - The fund has a slightly high expense ratio of 1.49% compared to the INDA ETF's fee of 0.62% [1] Group 2 - The analyst has over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation and market trends [1] - The analyst previously held a Vice President position at Barclays, leading teams in model validation and stress testing [1] - The research approach combines rigorous risk management with a long-term perspective on value creation, emphasizing macroeconomic trends and corporate earnings [1]
IFN: Still A Buy, But With Caveats
Seeking Alpha· 2025-10-20 12:37
Group 1 - The India Fund (NYSE: IFN) is an active close-ended fund that tracks the Indian markets and provides decent income from capital appreciation [1] - The fund has a higher expense ratio of 1.49% compared to the INDA ETF's fee of 0.62% [1] Group 2 - The analyst has over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation and market trends [1] - The analyst previously held a Vice President position at Barclays, leading teams in model validation and stress testing [1] - The research approach combines rigorous risk management with a long-term perspective on value creation, emphasizing macroeconomic trends and corporate earnings [1]