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Crypto hedge fund Re7 Capital eyes $100m for new fund

Crypto

Hedge Funds Correspondent

Bitcoin and Ether have both made strong gains this year Photographer: Michael Nagle/Bloomberg via Getty Images

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Crypto hedge fund Re7 Capital is targeting $100m for a new multi-strategy fund.

The firm’s founder Evgeny Gokhberg will be the fund’s chief investment officer

Bilal Jafar

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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Corporate profits are on track for a double-digit climb, led by the tech sector.

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Tricks of the trade gain new importance as 401(k) accounts open up to alternative investments.

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The bank’s economists had predicted tariffs could cause inflation and slow economic growth.

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Tech execs are paying tens of thousands to find brilliant dates or select high-IQ embryos. “They want to raise high-performing children.”

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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A pair of executive orders President Trump signed Thursday show how he is beginning to reshape the world of banking and finance.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The bank’s quarterly net result declined but revenue rose 13% compared with a year ago, and it reaffirmed its capital returns plans.

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The president recounted his experiences when asked about an executive order the White House is preparing.

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Gold prices are climbing as the threat of a U.S. economic slowdown becomes increasingly real.

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The president is expected to sign an executive order as soon as this week that targets what is called debanking of businesses including crypto companies.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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Gold futures rose as the speculation around an interest rate cut in September intensifies. Gold settled 0.8% higher, up for a second consecutive session.

Demand is up for private aviation, the luxury that separates the 1% from the 0.1%.

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The hedge-fund founder’s move ends a tumultuous transition at the firm. Also, Brunei’s sovereign-wealth fund now owns almost 20% of the hedge fund.

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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The New York investment firm posted a profit of $472.4 million, compared with $667.9 million a year earlier.

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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jvGZKXldThqeqNKzLcOZUu6Q6/VbrRzIPeyn9T8UOaytquygd46e4w/0nGYZgCQG2yCkPECs6x9n3RxcP7yx395b+MhOt6nm/ypBjGZSzc+ehqQvycgLK36vy4OqZNOq+hgquHhmoGhoISao07OkSZeQGVb8AiVq71NXFQVPS7P98DjOEycv71y4nsQ0fxWq50pT4PX4Vba7a//qKRLTFuOCBYe29/w2at0EBs7nmFAPFUBRvKoc6dx0yqIbqRerQ+BFVdgQVoMApULSvjQQekYsW4KZ/ETAY3v1kg64MXpDKswE96YMoxbQ6w==

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