Fidelity, T Rowe Price trim holdings in fast-rising Tesla

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Both funds remain among the ten largest fund investors in Tesla.

Founders Fund partner Geoff Lewis said to leave for own vehicle

Lewis is the second partner to depart in recent months from the fund, launched by PayPal co-founder Peter Thiel.


Bain and Cinven get German generics group Stada at second try

The deal marks the largest takeover of a listed German company by buyout firms.


Asia Digest: ADB, GCF climate financing pact; ATEC seals Series A for WTE projects

ADB, GCF tie up for climate financing; ATEC seals Series A for waste-to-energy investments


Australia’s Macquarie secures $300m from AIMCo for second Asia infra fund

MIRA manages approximately 50 funds with approximately $118 billion of assets under management. 


Uber wins ruling in bid to keep price-fix suit out of court

The appeals court in Manhattan on Thursday reversed a 2016 decision by U.S. District Judge Jed Rakoff.


Chinese bike-sharing startup Ofo enters North American market

 Ofo has launched its services in Seattle as part of efforts to expand internationally.


After Alibaba bonanza, manager said to plan new Asia hedge fund

Initial capital has been pledged by institutions including HS Group, a HK-based strategic investor.


Ex-Baidu, Google developer Andrew Ng raising $150m AI fund

He remains an adjunct professor of computer science at Stanford University.


ItzCash parent Ebix to buy money transfer operations of Wall Street Finance

Ebix is spending $7.4 million for the two acquisitions