Sentences with phrase «value of the fund at»

The objective of the fund is to maintain capital value of the fund at all times and earn a minimum predetermined yield, at the rate determined by the regulator, which at present is 3.5 % p.a. and maintain sufficient liquidity to meet the pay outs.

The volatility of bitcoin still makes it somewhat difficult to use the digital currency to make purchases and keep track of the value of your funds at the same time.

Not exact matches

Investors in Bugcrowd's latest round of funding have privately valued the company at $ 115 million, including the new funds raised, according to data provided by Pitchbook, a site that tracks venture capital deals.

Elon Musk - led SpaceX Corp is raising $ 507 million in a new round of funding, valuing the company at around $ 26 billion, according to a filing seen by Reuters.

It was seen valuing Aramco at $ 1 trillion to $ 2 trillion and raising about $ 100 billion to underwrite an expansion of the kingdom's public investment fund.

The company — which doesn't release its exact finances, but reportedly has an annual revenue run rate near $ 1 billion — is said to be raising a new round of funding that would value it at more than $ 5 billion.

«A lot of M&A actually destroys value for shareholders, not adds value... acquisitions are quite risky, they can be distracting, they have to be integrated effectively,» Sue Noffke, fund manager at Schroders said.

In January 2010, HootSuite was valued at $ 6 million, while in March another round of funding pegged it at $ 200 million.

While Global X lists a P / E of 21 on its website, Bogart said fund managers often toss out negative earnings entirely or cap negative earnings at a certain value and use that capped amount when calculating P / E.

Large though that figure may seem, analysts say it's within investor expectations: Delivery Hero, which brokers deliveries from a network of restaurants or brings the food to customers» homes via courier, was most recently valued at between 3.5 billion euros ($ 3.9 billion) and 4 billion euros ($ 4.1 billion), when it raised funding from Naspers, a South African e-commerce company.

Prosper, another online lender, has been looking to raise a new round of funding in exchange for equity at a price that would slash its market value by more than 70 %, people familiar with the matter told Reuters on Friday.

The company is valued at more than $ 1 billion, and it is reportedly raising an extra $ 300 million to fund an expansion of its operations.

Before Intel's money, Cloudera had just closed a chunk of funding from T. Rowe Price, Google Ventures, and Michael Dell's family office, valuing the company at $ 1.8 billion.

«Until six months ago, nobody... could look at YPF and ascribe any real value to those reserves because the country was a pariah,» says Michael Kass, manager of the $ 3.3 billion Baron Emerging Markets fund.

At Denver - based Inspirato, a critical part of its latest $ 20 million funding round, led by tech - savvy firms W Capital Partners, Institutional Venture Partners and Millennium Technology Value Partners, was its plan to open five «experience centers» in upscale U.S. malls.

This explosion in popularity landed FanDuel in the top 10 of the Silicon Alley 100; its $ 275 million series E funding round in July valued the company at more than $ 1 billion, vaulting it to the ranks of so - called «unicorn» startups.

Investors in highly valued start - ups have been concerned about the willingness of public market investors buy into those companies at or above those high valuations, said Smith, also an IPO exchange - traded fund manager.

In its last round of funding, in June 2016, Circle was valued at $ 480 million.

And in March, Vancouver - based Hootsuite, one of only two Canadian companies to have been valued at $ 1 billion, was kicked out of the «unicorn club» when Fidelity Investments, which led its 2014 $ 60 - million funding round, wrote down its investment by 18 %.

On Wednesday news broke that Snapchat was reportedly raising a new round of funding that would value the Los Angeles company at $ 19 billion.

Membership is up to 10 million, and though the company won't talk about revenue, a recent round of funding ($ 85 million, led by Andreessen Horowitz) valued it at more than $ 1 billion.

Snapchat is looking to raise as much as $ 500 million in a new funding round that would value the mobile messaging company at up to $ 19 billion, Bloomberg reported on Tuesday, citing a person with knowledge of the matter.

McDonald's shares jumped in March after hedge - fund manager Larry Robbins of Glenview Capital Management said in a Bloomberg article the fast - food chain's market value could rise at least $ 20 billion by converting into a real estate investment trust.

Uber is already available in 42 cities, from New York to Taipei, and isn't slowing down, despite noise from regulators: A new round of $ 258 million in funding values it at $ 3.4 billion (see Uber feature story).

April 10 - Chinese billionaire Jack Ma's online payments business Ant Financial now plans to raise $ 9 billion in its next planned round of funding, potentially valuing the company at $ 150 billion ahead of an expected stock market flotation, the Wall Street Journal reported on Tuesday.

The potential deal, which arose as the New York - based start - up was seeking funding, likely values Boxed at between $ 325 million and $ 500 million, said the person, who spoke on condition of anonymity.

The media startup, valued at $ 11 billion in its latest round of funding, says the number of «pinners,» or people sharing images and links, has doubled on its platform in the last 18 months and the number of searches on its service have increased by 81 % over the last year.

April 10 (Reuters)- Chinese billionaire Jack Ma's online payments business Ant Financial now plans to raise $ 9 billion in its next planned round of funding, potentially valuing the company at $ 150 billion ahead of an expected stock market flotation, the Wall Street Journal reported on Tuesday.

«All of the stakeholders need to work together to make sure the company survives and the value is preserved,» Ajit Vijay Joshi, fund manager at Goldilocks Investment, told CNBC's Capital Connection.

The round of funding, which was led by Adam D'Angelo — an early casual advisor of Systrom, who'd founded Quora — Jack Dorsey, Chris Sacca, Baseline Ventures, and Benchmark Capital, valued the company at $ 20 million.

Funds from the share purchase plan will be used on four «enhancement initiatives» to boost the range and value of downstream products at Browns Range.

This news comes on the heels of an $ 80 million funding round for Stripe announced in late January that valued the startup at $ 1.75 billion.

Alibaba affiliate Ant Financial aims to raise $ 9 b in a private funding round, which would value the company at $ 150b, making it the world's biggest start - up, ahead of Uber.

A business born of a need to find a way to pay the rent receives funding that values the company at more than $ 1 billion.

With total funding of $ 336 million, the young start - up has been valued at around $ 1 billion.

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.

(Reuters)-- Chinese Internet company Meituan - Dianping, akin to a mix of Yelp, GroupOn and food delivery, said on Tuesday its latest funding round raised over $ 3.3 billion, valuing the firm at more than $ 18 billion.

Uber has closed a new round of funding that values the company at $ 50 billion, the Wall Street Journal's Doug MacMillan and Telis Demos report.

Many in this new wave of same - day delivery companies are trying to emulate Instacart, which has exploded into 16 metro areas across the U.S. in just three years, and was valued at US$ 2 billion in a round of series - C funding earlier this year.

In January, Axel Springer bought a 7 % stake in Business Insider as part of a $ 25 million funding round that valued the company at $ 200 million.

Uber is on the verge of closing a new funding round from T. Rowe Price Group Inc. that would value the company at as much as $ 40 billion, according to a report from Bloomberg.

«In the early years, for one fund family, you'll find more «risky» equity exposure to growth - oriented stocks, but toward the later years, it's more value - oriented equity exposure,» said Aaron Pottichen, president of retirement services at CLS Partners in Austin, Texas.

Conversely, shares of mutual funds are priced based on their net asset value (NAV) once at the end of the trading day.

«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»

Didi recently closed a $ 3 billion round of venture capital funding, and it's valued at $ 15 billion, so it's well - equipped financially — in total, Didi Kuaidi has amassed a $ 4 billion war chest of venture capital funding.

In November, Stripe raised a $ 150 million round of funding to value the company at $ 9.2 billion.

Rent the Runway's last round of funding, a $ 24.4 million Series C led by Conde Nast, which closed in 2013, valued the company at $ 220 million, not including money from the investment.

While Uber no longer exists in China, the paper value of its stake in Didi has risen to around $ 8 billion from $ 6.1 billion, based on Didi's recent funding round valued at $ 50 billion.

In some cases, the stock is trading for less than the $ 23 per share it was valued at during Magic Leap's last round of funding in February 2016.

Pinterest Inc. the online scrapbooking company, is seeking to raise funding at a valuation of about $ 11 billion, according to a person familiar with the matter, continuing the soaring values of a group of high - profile technology startups.