Cresset Diversified QOZ Fund Announces Loan Closing and Construction Start for Investment in Denver

Christel Deskins

CHICAGO–(BUSINESS WIRE)–Cresset Partners and Diversified Real Estate Capital announced today the loan closing and construction start for the Cresset Diversified QOZ Fund (“Fund I”) investment in the Residences at RiNo multifamily development in Denver, Colorado. This investment marks the fourth joint venture between Cresset Diversified and Hines, representing over $750 […]

Prepare for a Fight Over This Fund Management Asset

Christel Deskins

(Bloomberg Opinion) — Just as the fund management industry’s much-anticipated consolidated wave seemed indefinitely stalled, there’s a European sale in the offing that could spark a bidding war. It offers a one-shot opportunity to amass customers and cash in an industry where size really does matter.   Load Error First mooted more […]

How Nonprofit Foundations Can Sustainably Fund Disease Research

Christel Deskins

Fanatic Studio/Getty Images The science driving precision medicine — specific therapies developed for narrowly defined groups of patients, often using genetic or molecular profiling — is advancing rapidly. But science is not enough. Exploiting these opportunities requires significant capital. That’s because research to develop a new treatment and bring a new […]

Sixgill Announces Investment by CrowdStrike Falcon Fund

Christel Deskins

Sixgill and CrowdStrike will also collaborate to enhance how enterprises stay ahead of emerging threats TEL AVIV, Israel and SUNNYVALE, Calif., Sept. 30, 2020 /PRNewswire/ — Sixgill, a leader in threat intelligence enablement and enrichment, announced today that CrowdStrike, a leader in cloud-delivered endpoint protection, has made a strategic investment […]

AI Drug R&D Startup XtalPi Announces Over 300 Million Series C Investment Led by SoftBank Vision Fund, PICC Capital, and Morningside

Christel Deskins

CAMBRIDGE, Mass. and SHENZHEN, China, Sept. 28, 2020 /PRNewswire/ — XtalPi, an Artificial Intelligence (AI) drug discovery and development technology company, today announces an oversubscribed Series C funding of $318.8 million co-led by SoftBank Vision Fund 2i, PICC Capital, and Morningside. The new round of financing is joined by over a […]

Delaware Innovation Space Makes $265,000 in First Fund Investments

Christel Deskins

Awardees include Gaskiya Diagnostics, Layer Metrics and Revolve Biotechnologies Delaware Innovation Space, a multi-dimensional, non-profit incubator and accelerator for science-based start-up companies, announced today that it has invested a total of $265,000 in three companies, including Gaskiya Diagnostics, Layer Metrics and Revolve Biotechnologies. All three companies will join the Delaware […]