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Also today, the Palestinian finance minister, Salam Fayad, said he had formed a fund to oversee all money handled by the Palestinian Authority, in response to pressure on the leadership to clean up its finances.
Writer-director Gregory Mackenzie and Brett Walsh, a former Morgan Stanley analyst, have formed a fund to back early-stage movie projects in Britain, according to The Financial Times.
It's also formed a fund from partners within the firm and LPs to focus on investments in digital media, entertainment, and advertising.
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This week, a group backing him as a possible contender for the Republican presidential nomination formed a fund-raising committee.
The presumed Democratic nominee is Kathleen Sebelius, the state insurance commissioner, who has formed a fund-raising committee.
The Treasury Department has blessed a plan by Citigroup, Bank of America and JPMorgan Chase to form a fund to buy some mortgage-related assets.
The boutique investment bank said Tuesday that it plans to form a fund placement advisory group, which will help private equity raise capital from investors around the world.
They often pool their capital together forming a fund and delegate a financial institution to run it.
Re/Code's Carmel DeAmicis first reported the two would form a fund.
That experience, and venture capital insiders encouraging him, were what drove Prager to form a fund, he said.
As it happens, Trae Vassallo, who'd left her investing role with Kleiner Perkins in 2014, was already forming a fund around the same idea.
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