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(Reuters) - Jeffrey Ubben, a hedge fund veteran in talks to join Exxon Mobil Corp’s board, is seeking to raise as much as $8 billion for his new socially and environmentally conscious fund, according to people familiar with the matter.
Jeffrey Ubben, Founder & CEO at ValueAct Capital, poses for a portrait before speaking on the Reuters Newsmaker event The Future of Shareholder Activism panel in Manhattan, New York, U.S., February 22, 2017. REUTERS/Andrew Kelly
This would be the first fund Ubben has amassed since he launched his new firm, Inclusive Capital Partners, last summer. He left ValueAct Capital, the activist hedge fund he co-founded in 2000, while retaining stewardship of the ValueAct Spring Fund, a $1.2 billion capital pool focused on environmental, social and corporate governance (ESG) investing.
New York City Health Commissioner Dr. Dave Chokshi announced on Wednesday, Feb. 3, that he has tested positive for the Wuhan coronavirus (COVID-19). Chokshi, 39, said that he was experiencing [.]
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Illustration: Elena Scotti (Photos: Shutterstock)
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Over 42 million Americans have so far received a dose of a covid-19 vaccine, as of late January. Importantly, though, most of these people have only received the first of two doses required for the similar Pfizer/BioNTech and Moderna vaccines, currently the only vaccines authorised for use in the U.S.
Capitol Police report gave low odds that any of the groups descending on the city might break laws or incite violence, labeling the chances as “improbable,” “highly improbable” or “remote.”