Nasdaq

Canoe Intelligence Secures Additional $25M Funding for Alternative Investment Data Management and Intelligence Platform

Canoe Intelligence, a leading provider of alternative investment data management and intelligence platform, has recently secured an additional $25 million in funding. The company has been successful in attracting investors who recognize the importance of alternative investments and the need for better data management and analysis in this space.Alternative investments, such as private equity, hedge funds, and real estate, have become increasingly popular among investors seeking higher returns and diversification. However, managing and analyzing data from these investments can be challenging due to their complexity and lack of standardization. This

Canoe Intelligence Secures Additional $25M Funding for its Alternative Investment Data Management and Intelligence Platform

Canoe Intelligence, a leading provider of alternative investment data management and intelligence platform, has secured an additional $25 million in funding. The funding round was led by Nasdaq Ventures, with participation from existing investors Hamilton Lane and Portage Partners.Canoe Intelligence's platform is designed to help institutional investors streamline their alternative investment operations by automating data collection, normalization, and reporting. The platform integrates with various data sources, including custodians, fund administrators, and accounting systems, to provide investors with a complete view of their alternative investment portfolios.The platform also uses artificial intelligence

Asian Stock Markets Plunge as S&P500 Drops, Bank of Japan Governor Kuroda Remains Dovish

The Asian stock markets have been in a state of turmoil recently as the S&P500 dropped significantly, and the Bank of Japan Governor Haruhiko Kuroda remained dovish. This has caused a ripple effect across the region, with investors becoming increasingly concerned about the future of their investments. The S&P500, which is a stock market index that tracks the performance of 500 large companies listed on the New York Stock Exchange and NASDAQ, dropped by more than 5% in the past week. This was due to a combination of factors, including

Understanding the Secondary Market: A Comprehensive Overview

The secondary market is a term that refers to the financial market where previously issued securities, such as stocks, bonds, and other financial instruments, are traded among investors. This market is also known as the aftermarket, and it is an essential part of the financial system that helps to provide liquidity to investors.In this article, we will provide a comprehensive overview of the secondary market, including its functions, types of securities traded, and the role it plays in the economy.Functions of the Secondary MarketThe primary function of the secondary market

Bain Capital Responds to Triton’s €1.09bn Offer for Caverion

Bain Capital, a global private investment firm, recently responded to Triton's €1.09bn offer for Caverion, a leading provider of technical services for buildings and industries in Europe. The offer was made on behalf of a consortium of investors, including Bain Capital, and was accepted by the board of directors of Caverion.Bain Capital's response to the offer was positive, with the firm's managing director, David Humphrey, saying that the offer "provides an attractive opportunity for Caverion's shareholders to realize value for their investment." He added that the consortium of investors is