According to TechPoint’s second-quarter Indiana Tech Venture Report, last quarter’s deal value rose to more than $216 million, towering over the $47 million posted in the second quarter of 2023.
Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.
Unlike other record-setting days, Tuesday’s came after a widespread rally where nearly nine out of every 10 stocks in the S&P 500 rose, instead of just the handful of influential Big Tech stocks.
Capstone Capital Management LLC is also facing multiple civil suits filed by investors who say they were deceived by Capstone and lost money as a result.
The Indiana State Treasurer’s Office is evaluating about 10 to 15 asset investment managers for possibly oversteppping a new anti-ESG law, which bars the state’s pension board from making investments with the purpose of “influencing any social or environmental policy” for nonfinancial purposes.
As technology and other factors transform the accounting industry, a growing number of firms are turning to private equity investments to help them keep up with the pace of change.
Indiana passed a law in 2023 directing the Indiana Public Retirement System board to refrain from making investments aimed at environmental, social, and governance issues.
Former insurance broker Brian Simms perpetrated the fraud through his company, Brendanwood Financial Brokerage LLC in Carmel.
A Mooresville investor is alleging that Carmel-based retirement planning firm ReJoyce Financial LLC and CEO Alexander Joyce misappropriated more than $200,000 that she had deposited with the firm to invest on her behalf.
Fund IV marks some shifts in Indianapolis-based High Alpha’s operating strategy—notably, it plans to launch fewer companies per year than it traditionally has in the past, and it has cut its staff nearly in half.
Stocks have continued to hold up despite the worst inflation in decades, the punishing effects of high interest rates and worries about a recession that seemed inevitable but hasn’t arrived.
More worries about inflation and interest rates staying high knocked U.S. stocks lower on Tuesday, as the market closed out its worst month since September.
Neurava Inc.’s owners are developing a device aimed at mitigating the risk of sudden unexpected death in epilepsy, a mysterious condition that takes an estimated 3,000 lives a year in the United States.
Instead of investing his victim’s money, the plea agreement says, Christopher Turean spent it on gambling and paying down a home equity loan.
Through the platform, Corteva plans to partner with entrepreneurs and innovators to “accelerate the development of early-stage, disruptive technologies that enable farmers to sustainably produce more food and feed.”
Before trading began, Trump Media had a market value of about $6.8 billion, a figure that will rise significantly if the early gains in the shares hold.
Ancora Holdings Group LLC said the animal health company has underperformed its peers and destroyed billions of dollars of shareholder value.
For a variety of reasons, including a slowdown in initial public offerings and increasing accessibility, alternative investments have been gaining traction with a wider range of individual investors over the last several years. And experts believe the trend will continue to grow.
According to the plea agreement, Christopher Turean spent his wealthy client’s money on gambling and paying down a home equity loan.
Indianapolis-based HG Ventures this week released a report in which it outlines how technology could solve long-standing issues such as traffic congestion, safety and sustainability.
