Exclusive: ‘Tiger Cub’ Lee Ainslie’s Maverick Ventures raises $240 million in fresh funding for early stage investments

[ad_1] In 1993, Lee Ainslie was among the first “Tiger Cubs” to leave the legendary investor Julian Robertson’s Tiger Management and set out on his own. As a hedge fund, Ainslie’s firm, Maverick Capital, focused on public securities, but its analysts used the firm’s capital to occasionally invest in private companies—a so-called “crossover” approach that…

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Prozeal Green Energy, Gujarat Kidney and Super Speciality file for IPOs with SEBI

[ad_1] Prozeal Green Energy and Gujarat Kidney and Super Speciality Ltd have filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI) to raise capital through initial public offerings (IPOs). Prozeal Green Energy IPO Prozeal Green Energy, India’s fourth-largest solar engineering, procurement, and construction (EPC) firm by revenue in…

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More than 224k jewelry-making kits recalled for hazardous substance violation

[ad_1] America First, Trump Administration, Department of Education LaRose Industries issued a recall for 224,100 Cra-Z-Art Gemex/Gel2Gem jewelry-making kits after learning that resin in the kits contained a hazardous amount of acrylate. The recall alert said the resin in liquid form can cause skin, eye and respirator irritation or sensitization when inhaled, touched or ingested…

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Marine Le Pen banned from standing for office

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French far-right leader Marine Le Pen has been banned from standing for office with immediate effect after being convicted of embezzling EU funds. Monday’s court ruling may block the opposition leader from running in…

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