Stanford is an important study on the negative impact of the new federal endowment tax on private universities. This leading school will see its fiscal transfer to Washington increase from around $175 million over the next five years to near $1 billion, depriving it of critical funding. In response, Stanford […]
Continue readingCategory: Private Placement
Investors, whether individuals or institutions, are fickle. Their qualities can change unpredictably based on fast-moving market conditions. The only foundational trait is that most understand that they need to put their capital to work with urgency. Some prefer the exotic and extraordinary; others are more conservative, with an eye focused on the stable and secure. Decision processes often distill to overcoming objections or at least understanding those objections in context.
Hong Kong Becomes an IPO Crossroads
In the business of initial public offerings, the global market may be faltering, but primary listing activity in Hong Kong is buoyant. We can point to market-specific factors for this divergence, but we wonder if there is a single overarching theme in play. Could corporate issuers be rewarding Beijing for […]
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New Aga Khan Inherits Estate Worth $13 Billion
Aswan, Egypt was busier than usual in February, when the Aga Khan IV, spiritual leader of Ismaili Muslims, was buried there in the family mausoleum. Prince Karim Al-Hussaini Aga Khan died at the age of 88 on February 4. His final resting place, a distinctive pink-granite structure overlooking the Nile, […]
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Netflix Goes Shopping
With almost $10 billion in cash on hand and a voracious appetite for content, Netflix is positioned to inject fresh life into proven genres and rescue flailing productions. The streamer may not have as much gargantuan spending power as Amazon or Apple, but its business interests are singularly focused on […]
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