Latest news with #RossKestin
Bloomberg
23-05-2025
- Business
- Bloomberg
Musk Backer to Join New Ownership at Reading Football Club
Aliya Capital Partners, a Miami-based investment firm, is joining the ownership group that bought out 154-year-old Reading Football Club from Chinese businessman Dai Yongge. Aliya will become a significant investor in Reading Football Club, subject to the league's approval, Ross Kestin, chief executive officer and founding partner of Aliya, said in an interview on Friday. Kestin will join the board of the club, which is competing in the UK's third-tier EFL League One.
Wall Street Journal
11-04-2025
- Business
- Wall Street Journal
Tariffs Could Create Opportunity for Chinese Tech, Investor Warns
The Trump tariffs have created an opportunity for Chinese tech companies, said Ross Kestin, founding partner of Aliya Capital Partners, an investment firm that has funded tech companies including OpenAI, SpaceX, xAI and Elon Musk's private takeover of X. The risk exists within some regions in Europe, where consumers might start turning more to Chinese tech if American products become too expensive as a result of trade wars, he said. The president of the European Commission has vowed to respond to Trump's tariff plan, which included a 20% tariff on EU goods.
