Word: investive
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Charles River is a "high-risk" mutual fund with 27 undergraduate members who pool their money to invest primarily in foreign and domestic low-cap equities--smaller, startup companies, as opposed to established blue chip giants like General Electric...
Charles River Fund manages about $5,000 and limits both the number of partners and the amount each can invest. Prospective members apply to join the fund by submitting their resumes and writing an essay on why they should be included. They are evaluated based on past investment experience...
...both funds, members meet weekly to make investment decisions. Members of the Charles River Fund invest and vote equally, while in the Cambridge World Fund, voting power is proportional to a member's share in the fund...
Elliott was not your garden-variety Citibanker, setting up checking accounts or making business loans. She worked for the vaunted Private Bank, a highly confidential bank within the bank that provides white-glove service to clients with at least $1 million to invest. While this might seem to be an obscure part of Citibank--and indeed it was until just a few years ago--it is now the crown jewel in the financial giant's strategy for growth. That strategy calls for Citibank and its parent, Citigroup, to reduce their reliance on cyclical corporate and real estate lending, which tends...
...billion settlement, environmentalists had a great idea: Why not have the U.S. and Alaska governments use the funds to buy development rights to some of the 44 million acres of land held by native Alaskans? Then tracts could be set aside as protected forest. Native Alaskans could invest the proceeds, and forests would be saved for hunting, fishing and tourism. But the natives would have to forgo income from logging. Advocates of the plan needed a native Alaskan to help sell it, so Rick Steiner, a University of Alaska biologist, and David Grimes, a fisherman from the village of Cordova...