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Sagard, a global alternative assetmanager, launched its first private equity fund designed for Canadian accreditedinvestors. This new offering allows individuals to access private equity opportunities that were previously limited to large institutional investors.
Healthcare Realty will receive $300 million and own a 20% stake in the joint venture. They aim to make hybrid public-private market investment solutions available to investors across several asset classes, geographies, and channels. The REIT will contribute 12 existing properties worth $383 million. times its forward P/E).
Canada’s Sagard Holdings is launching a private equity fund aimed at retail investors, marking a significant move as alternative assetmanagers expand their focus beyond institutional clients and ultra-high-net-worth individuals, according to a report by Wealth Management. A subsidiary of Power Corp.
XRP can't be mined anymore, and Ripple's blockchain can't be used to develop decentralized applications in the same way as proof-of-stake blockchains like Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL). It periodically releases some of those tokens to stabilize its liquidity and supply.
Grayscale, one of the biggest crypto assetmanagers, also shut down its XRP fund, the XRP Trust. It also can't be staked for rewards like proof of stake ( PoS ) tokens like those of Ethereum. That lawsuit caused the major trading platforms to delist XRP, and Ripple lost many of its partners. presidential election.
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