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Former D.E. Shaw Chief Risk Officer Peter Bernard to Join Impact Investing Pioneer Root Capital as Chief Operating Officer
Root Capital is pleased to announce Peter Bernard as the organization’s first chief operating officer (COO). Peter will join Root Capital on March 1, 2016 after decades of experience on Wall Street, most recently as the chief risk officer of D.E. Shaw & Company, a global investment and technology development firm with more than $39 billion in investment capital. As COO at Root Capital, Peter will oversee the organization’s lending, risk, advisory services, and talent functions.
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- Investing
- Tags
- impact investing
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There’s Now a Rapid Zika Test in the U.S.
Two Texas hospitals have created a rapid, hospital-based test for Zika – but it's not available everywhere yet.
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- Health Care
- Region
- North America
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Bengaluru Is Achieving What Many Regions Could Not: Stanford Business School Dean
Stanford university’s Stanford Graduate School of Business (GSB) counts numerous Silicon Valley entrepreneurs among its alumni, including Sun Microsystems co-founder Vinod Khosla. In 2013, Stanford GSB launched its Ignite programme for entrepreneurs and innovators, with Infosys’s Bengaluru campus acting as the host facility. Its Dean Garth Saloner was in India recently to explore the possibility of finding a facility host for The Stanford Institute for Innovation in Developing Economies (Stanford Seed). Saloner spoke to Forbes India about the importance of the entrepreneurial process and why Bengaluru has managed to create an enviable startup ecosystem.
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- Uncategorized
- Region
- South Asia
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Viewpoint: Regulators Should Leave China’s P2P Sector Alone
I got into a shouting match with my 83-year-old father-in-law the other day in Shanghai. He had invested 300,000 yuan ($45,940) in Zhongda, an obscure peer-to-peer lending company based in Zhejiang Province. So far he has not suffered a loss from his adventure but he has refused to pull his money out despite my insistence that he do so.
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- Investing
- Region
- South Asia
- Tags
- lending
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A $2 Test Might Have Helped This Man With HIV Avoid Daily Spinal Taps
His body wasted from AIDS, Fred Muzaya sat up in his bed on a January morning at Mulago Hospital in Kampala, Uganda, and faintly smiled at a doctor he couldn't see.
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- Health Care
- Region
- Sub-Saharan Africa
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Framework Unveiled to Raise Financial Literacy
A national financial education framework has been launched to address money literacy and consumer protection challenges.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Stepping in for Social Enterprises
With nearly a decade and a half of working in the social enterprises space, Paul Basil firmly believes that there is a huge gap in funding for-profit ventures that cater to the bottom of the pyramid. There are funds available at the angel space and then at the Series A stage, when the ventures get their first round of funding from VC firms. But, between the angel and the Series A stage, there is a huge gap.
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- Investing
- Region
- South Asia
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GSMA Releases 2015 State of the Industry Report on Mobile Money
Mobile money has done more to extend the reach of financial services in the last decade than traditional “bricks and mortar” banking has in the last century.
- Categories
- Technology
- Tags
- fintech
