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05.01.26 - 07:36
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Dubai Private Equity Firm GII Aims to Triple Assets to $10 Billion (Bloomberg)
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Gulf Islamic Investments has emerged as one of the Middle East's most prolific homegrown private equity firms, deploying more than $1 billion over the past four years even as global buyout giants muscled in on its home turf. Now, the Dubai-based firm is pushing for scale and aims to triple assets under management to $10 billion by the end of the decade....
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05.01.26 - 01:36
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HKMA in talks with SFC, Insurance Authority to promote fintech over next 5 years (SCMP)
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The Hong Kong Monetary Authority (HKMA) expects to work with other financial regulators to promote artificial intelligence adoption in various sectors over the next five years and further advance fintech development, according to the head of the city's de facto central bank.
Under the five-year plan called Fintech 2030 that starts this year, the HKMA would expand the scope of the city's generative AI sandbox to include more industries as a step towards enhancing risk management, fraud detection......
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04.01.26 - 13:00
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Insurance mis-selling: Irdai flags sharp rise in unfair practice complaints (Times of India)
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Mis-selling remains a significant concern in India's insurance sector, with complaints related to unfair business practices rising sharply in FY25. The regulator is urging insurers to identify root causes and implement corrective measures, including product suitability assessments and distribution channel controls. Despite these efforts, insurance penetration remains low compared to global averages....
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04.01.26 - 00:30
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FT Exposes The Literal Definition Of Ponzi-Scheming In Private Equity (ZeroHedge)
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FT Exposes The Literal Definition Of Ponzi-Scheming In Private Equity
In what can only be described as the financial industry's most brazen act of self-dealing since the last crisis, private equity giants are now openly selling assets to themselves at record pace, propping up their crumbling empire with a tactic that reeks of pure Ponzi desperation.
According to the Financial Times, roughly one-fifth of all private equity exits this year involved firms raising fresh cash from new suckers investors to buy portfolio companies from their own aging funds.
That's a sharp jump from the 12-13% seen in prior years, with Raymond James' Sunaina Sinha Haldea predicting a staggering $107 billion in these incestuous transactions for 2025, blowing past last year's $70 billion.
These so-called "continuation vehicles" let PE barons hand money back to restless limited partners in older funds while keeping control of the assets - and, crucially, resetting the clock on lucrative management fees an...
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