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Canadian investor Polar Asset Management has secured more than $215m for the first close of its second dedicated significant risk transfer (SRT) fund, expanding a strategy that has emerged as a key way banks are managing regulatory capital while opening a fast-growing niche for private credit investors.
The post Polar Asset Management launches second SRT fund, strikes $215m first close appeared first on AltAssets Private Equity News.
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Nvidia, Blackstone, Goldman Sachs and other major firms are nearing a deal to fund AI infrastructure. Nvidia's stock dropped anyway.
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OpenAI and Anthropic are turning coding into big businesses of their own. That leaves startups built on their models racing to prove they have something the AI giants can't copy.
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Unitree raises $900mn ahead of Shanghai listing expected later this month
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Wall Street struggled for direction on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns against data that suggested the U.S. economy might not bounce back with quick, V-shaped recovery.
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