Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

In January 2025, shortly after being inaugurated, U.S. President Donald Trump signed an order calling for the creation of a U.S.-owned sovereign wealth fund. An SWF, Trump said, would “promote the ...

If you think BlackRock’s ESG is bad, why invent a mightier tool for political interference in markets?

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

The order states: It is the policy of the United States to maximize the stewardship of our national wealth for the sole ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the US Commerce ...

President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in the Middle East, Europe and Asia. The funds, which typically use ...

Other investors in the company include US venture capital firms Modi Ventures, March Capital, ARK Venture Fund and General Catalyst. The funding is expected to support the development of Lila Sciences ...

Michael Grimes has reportedly been recruited to lead the sovereign wealth fund being pushed by U.S. President Donald Trump – he is known as a key dealmaker in the investment realm and also for his ...

The Oyo State Executive Council has approved the establishment of a sovereign wealth fund for the State in order to drive ...