Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ Investment Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
Molten Ventures: European VC success ‘lagging’ the US Venture capital The chief financial officer of venture capital business Molten Ventures has warned of a "bifurcation" in the success of venture capital between the US and Europe.
Jupiter outflows surge after star fund managers leave for new ventures Asset management Jupiter Fund Management saw significant outflows in the first quarter, thanks to the loss of Chrysalis investment trust and the unpopularity of the firm's value strategies.
London venture capital funding halves as deals sink to eight-year lows April 22, 2024 London venture capital funding fell to its lowest level since 2018 during the first quarter of this year, with only $1.7bn in funding raised.
Seraphim Space investment trust manager sells assets to itself to unlock value April 22, 2024 Seraphim Space investment trust has sold its stake in all nine of its early stage companies to a new venture capital fund managed by Seraphim.
Six Nations owner CVC targets £13bn valuation in Amsterdam IPO April 22, 2024 Six Nations owner CVC is targeting a value of up to £13bn (€15bn) when it launches a much delayed float in Amsterdam this week, the firm announced today.
Meet the fund managers: Lessons from 40 years in the investment industry April 22, 2024 In City A.M.'s weekly series, Elliot Gulliver-Needham sits down with David Coombs, head of multi-asset investments at Rathbones.
Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals April 22, 2024 The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.
AIM delistings jump 62 per cent as London’s small cap market suffers April 22, 2024 The number of companies delisting from London's Alternative Investment Market (AIM) has soared past pandemic-era highs.
Hipgnosis would back Blackstone bid if it makes firm offer as bidding war heats up April 21, 2024 The board of Hipgnosis has said it would recommend a bid from private equity giant Blackstone to its shareholders if the company makes a firm offer.