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Page 32 - சிஇஆர்பிஇஆர்யுவ்எஸ் மூலதனம் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Elbit Systems U S Subsidiary Completes the Acquisition of Sparton Corporation

Elbit Systems U S Subsidiary Completes the Acquisition of Sparton Corporation
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KORE Hosts Investor Webcast in Connection with its Previously Announced Combination with Cerberus Telecom Acquisition Corp – Consumer Electronics Net

(NYSE: CTAC.U, CTAC, CTAC WS), a special purpose acquisition company affiliated with Cerberus Capital Management, L.P. “I am delighted that Cerberus’s CTAC selected KORE out of the more than 100 companies they reviewed as a part of the process to launch their first SPAC,” said Romil Bahl, President and CEO of KORE. “I look forward to the breadth of Cerberus’ reach and their high-quality advisors being helpful to KORE’s future growth, and I am grateful for their insightful comments on our webcast.” The investor webcast can be accessed here and is also available on the respective KORE and Cerberus Telecom Acquisition Corp.’s websites at www.korewireless.com/investors and www.cerberusacquisition.com.

Opalesque Roundup: Inflows and performance lift hedge fund AUM to over $3 4 trillion: hedge fund news week 13

  In the week ending April 2nd 2021, eVestment Hedge Fund Asset Flows Report said that global hedge funds continued their strong start to 2021 with elevated asset flows in February. Positive flows for the industry in February have been the norm since 2009, but the $16.44 billion investors added to hedge funds last month, coupled with January s inflows, made this the best two-month start for the business since 2014. Strong performance in January and February was also a plus, bringing the hedge fund industry s overall AUM to $3.407 trillion. Meanwhile, the HFM Long/Short Equity Composite is up 6.0% YTD through February 2021, overtaking the S&P 500 on a 12-month basis after another strong month. The HFM Managed Futures Composite Index was up 3.0% in February, after posting -0.2% in January, as the average CTA returned to positive territory YTD (2.8%).

HDFC, Cerberus tie up for funding real estate projects

HDFC Capital and Cerberus have partnered to form a special situations platform for the Indian residential real estate sector. In a BSE filing made after market hours on Thursday (1 April 2021), the housing financier said that HDFC Capital Advisors (HDFC Capital) and an affiliate of Cerberus Capital Management (Cerberus) have partnered to target the creation of a special situations platform focused on high-yield opportunities in the Indian residential real estate sector. The platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities. The development of the platform is in response to a series of shocks to the Indian residential real estate market that have created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion while traditional financing channels have come under severe pressure.

Stocks to watch: Tata Motors, RIL, Adani Enterprises, Britannia, SAIL

Stocks to watch: Tata Motors, RIL, Adani Enterprises, Britannia, SAIL
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