Private children’s home providers’ prices and profits too high, says UK regulator

The UK competition regulator has said private children’s home providers are generating “significant profits” from local authorities for inadequate supply, in a stinging rebuke to the largely private equity-owned sector. In a report published on Friday, the Competition and Markets Authority raised concerns about high prices, a lack of places at children’s social care homes … Read more

Lessons from founders raising their first round in a bull market

Mahendra Ramsinghani Contributor Mahendra Ramsinghani is the founder of Secure Octane Investments, investing in cloud infrastructure and security startups. When he is not investing, he is busy writing blogs and books. His third book “The Resilient Founder” will be released in 2022. More posts by this contributor Pandemic reset leads investors to focus on resilience, … Read more

Blackstone braces for higher inflation as earnings hit record

The world’s largest alternative asset manager Blackstone is advising its private equity portfolio of about 100 companies around the world to prepare for higher inflation and continued supply chain disruptions. “We are talking to our companies now about having their supply chains closer to home, and keeping more inventory on-site,” Blackstone’s president Jonathan Gray told … Read more

Portuguese VC Faber to launch Faber Blue, a €30M fund for ocean sustainability

Portuguese VC Faber is launching a new fund, Faber Blue Pioneers I, to invest in early-stage startups – primarily from Portugal and Southern Europe – developing innovative “deep tech solutions” around ocean sustainability and climate action, The fund will have an initial target of €30 million, including funding from Portugal Blue as well as impact-driven … Read more

FTfm: Responsible Investing

As fund managers race to meet surging demand for sustainable investment, regulators are getting tough on greenwashing. Plus: activist shareholders make their mark; sin stocks; ESG with Chinese characteristics; climate-friendly pensions; is crypto a no-no? Source

Founders Factory and Nesta to launch startups tackling UK’s social and environmental problems

UK startup studio Founders Factory and UK innovation agency Nesta are joining forces to create startups to tackle social and environmental problems in the country. The partnership, dubbed ‘Mission Studio’, will tackle such problems a halving obesity rates, loneliness, and aim to slash household carbon emissions by 28%. The venture builder will support Nesta’s broader … Read more