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ING Real Estate announced today the launch of the ING European Infrastructure Fund. Open to institutions with a minimum of EUR10m to invest, the EUR 1 billion fund is targeting a balanced portfolio of European assets, with an IRR of at least 10%.
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Child-friendly spaces set up in camps sheltering people affected by Cyclone Nargis.
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JPMorgan Asset Management
today noted that its JPMorgan Tax Aware Real Return Fund (TXRAX) reached $1 billion in assets under management.
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otary International's coordinator for water and sanitation projects, F. Ronald Denham, estimates Rotary clubs are involved in at least 6,000 projects in scores of countries.
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UNICEF supplied two million anti-yellow fever vaccinations in response to an emergency declared by the Government of Paraguay following an outbreak of yellow fever cases. Approximately 750,000 people have been immunized so far.
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Funds to Accelerate Development of On-Demand Business Intelligence Service and Increase Headcount.
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Citi Markets & Banking has announced the addition of Offshore Money Market Mutual funds from nine fund managers to its award winning Citibank Online Investments portal in Europe.
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IFC, a member of the World Bank Group, and the State Bank of Pakistan, formally launched a housing finance training program in Pakistan last week. The meeting was attended by senior executives from over 30 financial institutions in the country.
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Mozilla today announced a new initiative to stimulate innovation in Internet mail and communications.
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GENIVAR Income Fund today announced that it has agreed to issue 1,902,439 trust units from treasury of the Fund on a bought deal basis to a syndicate of underwriters.
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The Goldman Sachs Group, Inc. (NYSE: GS) today made the following statement: Many funds employing quantitative strategies are currently under pressure as recent conditions have resulted in significant market dislocation. Across most sectors, there has been an increase in overlapping trades, a surge in volatility and an increase in correlations.
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Citi today announced that it
will begin piloting a new mobile peer to peer payment service with leading
mobile payments provider Obopay.
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adap.tv, a unique online video advertising platform that allows publishers and advertisers to
match relevant advertising with online video content, today announced that it has closed a Series A funding round of $10 million.
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CircleUp, Inc. today announced that it has raised a $3 million Series A financing led by Sid R. Bass Associates, a $300 million venture capital fund focused on early and late stage technology investing.
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A low-energy run originally scheduled for this year has been dropped as the result of a number of minor delays accumulated over the final months of LHC installation and commissioning, coupled with the failure in March of a pressure test in one of the machine's components.
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IFC, the private sector arm of the World Bank Group, will provide a seven-year loan to Romania's Credit Europe Bank to support the bank's expansion into small and medium enterprises and strengthen its balance sheet by providing local currency funding with a longer tenor than currently available in the local market.
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Intelenet Global Services Pvt Ltd (Intelenet) has agreed to be acquired by an affiliate of The Blackstone Group and the management team, subject to regulatory approval.
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Luminescent Technologies, Inc., a provider of lithography-enhancement products to the global semiconductor industry, today announced that it has raised $9 Million in a new financing round.
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The funds from this round of financing will be used to support further development of the Open Source project, promote community awareness and developer contributions and accelerate end-user adoption.
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Mig33, the global mobile Internet community, today announced that parent company, Project Goth, has
closed a Series A funding round of $10 million co-led by Accel Partners and
Redpoint Ventures, with substantial contribution from Technology Venture
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