Latest news with #investmentFund
CNA
01-07-2025
- Business
- CNA
Brazil state development bank mulls AI, data center-focused investment fund
RIO DE JANEIRO :Brazil's state development bank BNDES is considering creating an investment fund focused on AI and data centers, planning executive Nelson Barbosa said on Tuesday. The fund, which would be part of a broader BNDES initiative to resume investments in equities, could receive an allocation ranging from 500 million reais to 1 billion reais ($91.93-183.86 million), he added.
Yahoo
01-07-2025
- Business
- Yahoo
Brazil state development bank mulls AI, data center-focused investment fund
RIO DE JANEIRO (Reuters) -Brazil's state development bank BNDES is considering creating an investment fund focused on AI and data centers, planning executive Nelson Barbosa said on Tuesday. The fund, which would be part of a broader BNDES initiative to resume investments in equities, could receive an allocation ranging from 500 million reais to 1 billion reais ($91.93-183.86 million), he added. ($1 = 5.4390 reais) Sign in to access your portfolio
Bloomberg
30-06-2025
- Business
- Bloomberg
UK Pension Fund Bets on Double-Digit Returns From Nature
A UK pension fund has agreed to commit capital to a new kind of investment fund whose creators claim it can generate market-beating returns through nature restoration programs. West Yorkshire Pension Fund, which manages about $27 billion of assets, will allocate £25 million ($34 million) to the fund, whose backers say it has the potential to generate double-digit returns, according to a statement on Monday.
