Private equity firm Stone-Goff Partners hired within its portfolio operations vertical in a bid to support the team’s focus on portfolio company value creation. David DeFelice joined as vice president of portfolio operations, a newly created role at the firm that invests in technology-driven business-to-business service companies. DeFelice joins from Dorilton Capital, where he partnered with portfolio companies to accelerate development and improve key performance metrics. He began his career as a strategy and operations consultant at Deloitte.

Stone-Goff adds to portfolio operations

BlackRock's BUIDL fund enhances wUSDM's security and yield, facilitating its use in DeFi platforms. The integration of wUSDM into Manta Network promotes enhanced capital efficiency and rewards for users.

BlackRock's BUIDL fund backs Mountain Protocol's wUSDM stablecoin

June saw all Bitcoin ETFs noting significant outflows, led by Grayscale Bitcoin Trust with $559 million. BlackRock’s Global Allocation Fund disclosed ownership of 43,000 IBIT shares. We are nearing the final approval of the spot Ethereum [ETH] ETFs scheduled for 4 July. And yet, according to a recent CNF...

BlackRock makes a surprising move as Bitcoin reacts – All the details

Artificial intelligence is the investing theme of the year, and the so-called "smart money" is snapping up shares. Following where the smart money goes is useful, but don't get too hung up. Fund managers can make bad bets. Each company has something unique to capture value from the AI revolution.

Billionaires Just Poured About $67 Billion Into These 5 Artificial Intelligence (AI) Stocks

CoinDesk

Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.

Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Here’s a quick snapshot of the top 10 most read (and shared) stories published on Alternatives Watch in June. Our ranking is in ascending order, with the most popular story at the end of this post. A deal involving two industry giants was No. 1, and as usual our readers were keenly interested in mandate activity, with hedge fund intrigue and and feature stories also making the list.

AW Top 10 reads for June

California State

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The HD Post

CALIFORNIA – Governor Gavin Newsom announced, June 28, that 1,700 first-generation homebuyers have been conditionally approved for the Dream For All (DFA) Shared Appreciation Loan program.

CalHFA issues all 1,700 vouchers for down payment assistance program

In 2024, the landscape of global wealth continues to be dominated by a select group of individuals whose fortunes have reached unprecedented levels. From technology magnates and luxury goods tycoons to investment gurus, these individuals have not only amassed vast wealth but have also significantly influenced various industries and sectors.

Top 10 Wealthiest People in the World

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

NEWARK, N.J. – U.S. Attorney Philip R. Sellinger announced today that 13 individuals have been charged in New Jersey for their involvement in schemes to defraud Medicare, Medicaid, TRICARE, and private health insurers. These charges are part of the Department of Justice's 2024 National Health Care Fraud Enforcement Action, which resulted in 193 defendants being charged nationwide for submitting over $2.75 billion in false claims.

NJ Health Care Fraud Bust: 13 New Jerseyans Charged in $2.75B Scheme

Chicago, IL

Your article was successfully shared with the contacts you provided. A former jet-setting Chicago billionaire was sentenced to seven and a half years in prison for a $1 billion fraud at an advertising startup that included investors such as Goldman Sachs Group Inc., Google parent Alphabet Inc. and Illinois Governor JB Pritzker’s venture capital firm.

Ex-Billionaire Gets 7 1/2-Year Sentence for Defrauding Investors Goldman, Google

Georgia State

Douglas City, CA

Daily Coffee Press

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

The Motley Fool

With a little digging, it's easy to see why Ethereum is a top choice.

The Ultimate Cryptocurrency to Buy With $1,000 in June

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

DeanLand

Georgia's population grew beyond the 11 million mark in 2023, reaching 11,029,227 residents according to new data from the U.S. Census Bureau. With a robust population increase of 2.9% from 2020 to 2023, 315,456 new residents arrived in the state. Georgia was the 10th fastest-growing state in the US by percentage during the reporting period.

Georgia's Population Surges Past 11 Million, Fueled by Migration

Essex County, NJ

Omar Khater, 33, orchestrated a scheme to steal identities and file false tax returns. Fairfield, NJ – Omar Khater, a tax preparer from Essex County, was sentenced to 57 months in prison for his role in a conspiracy to defraud the IRS of over $4.4 million. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Essex County Tax Preparer Sentenced: $4.4M IRS Fraud

Even at its current market cap of $1.3 trillion, Bitcoin may be significantly undervalued.

1 Top Cryptocurrency to Buy Before It Soars Another $1 Trillion in Market Cap, According to Value Investor Bill Miller IV

NewsBreak

BlackRock acquiring alts data provider Preqin for $3.2bn

BlackRock announced on Sunday that it plans to acquire all assets of private markets data provider Preqin for £2.55 billion ($3.2 billion) in cash. The deal...

BlackRock acquiring alts data provider Preqin for $3.2bn

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