Katia Porzecanski

SoftBank hires industry veterans for $5b Latin America tech fund

SoftBank’s Latin America fund will focus on e-commerce, digital financial services, health care, mobility and insurance.

Hillhouse said to seek billions of dollars to invest in tumbling China stocks

Zhang Lei’s more than $50 billion investment firm may raise about $4 billion to be split between its flagship Gaoling Fund and the Hillhouse China Value fund.

Tiger Global buys over $1b worth stake in SoftBank

Tiger Global told investors in a letter that the Japanese conglomerate is trading at a steep discount to its net asset value, with its share price failing to reflect the appreciation of its assets

Almost half of fund allocators have no idea what to make of crypto

Eleven percent of those surveyed at an industry conference said they plan to allocate to crypto funds this year. Seventy-one percent said they won’t, and 18 percent were undecided.

Vanguard joins funds marking down Uber investments by as much as 15%

These valuations come as four major investors consider pumping $1-1.5 billion directly into Uber at a $69 billion valuation.

Blackstone buys minority stake in $13b distressed fund Marathon Asset

The transaction is the fourth of its type for Blackstone, which has raised more than $3 billion to buy stakes of 15 percent to 25 percent in hedge funds.