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Sandro Rosell
FC Barcelona President
Thursday, June 29, 2017


Mark Gordon, managing partner of Tribeca Associates, is out to raise roughly $500 million in debt and equity for a new venture. The fund, named Intrinsic Hotel Capital, will be focused on hotels. As reported by the Real Deal, Gordon is partnering with Joe Vassallo of Brooklyn, the former Managing director at Deutsche Bank and Natixis. The newly launched investment fund aims to purchase approximately 10 hotels in the country over the next two years. They will be open to consider both select-service and full-service hotels. He sees prospect in existing hotels which may stand to earn more with few minor improvements. “It’s really an asset-specific hotel strategy,” Gordon said. “I’ve found that there are good opportunities in bad markets and

Casamigos, the tequila company, is being sold to Diageo for as much as $1 billion. The company was formed and is currently owned in partnership by George Clooney, the actor and film maker; Rande Gerber, the Jewish owner of nightlife companies and Gerber Group Restaurants and bars; and Michael Meldman, the Jewish real estate tycoon who owns 18 private resorts. On Wednesday June 21, the company disclosed that “Diageo will initially pay $700 million, with the potential for another $300 million

As of Tuesday June 13, Verizon Communications Inc. has officially purchased Yahoo! Inc.  The much anticipated $4.5 billion acquisition gives Verizon dominion over 1 billion users, with an unrivaled roster of the world’s most recognized brands. Verizon expects to take a $500 million charge in the second quarter to cover integration expenses and severance linked with the purchase, as reported by Bloomberg News. While the agreement was announced last July, the deal was close to collapse after

Israeli startup uses artificial intelligence to help millennials find a career. The company’s beta test clients include Amazon, Yahoo and Oracle

Israeli startup Workey is opening an office in New York, following a new fundraising round of $8 million, led by Jerusalem’s PICO Partners and Magma VC.

Workey uses artificial intelligence to help millennials find a career. The company’s software compares users’ skills and employment history with “millions of career paths” on the web, including

With Speech Disabilities To Speak Using Their Own Voice

Voiceitt (Technologies of Voice Interface, Ltd), a developer of innovative speech translation technology for people with speech disabilities, recently closed $2 million in funding, advised, structured, and primarily placed by investment banking firm Cahn Capital Corp. in NY, with leading investors including AMIT Technion, the venture arm of the Technion, Cahn Capital Corp., Quake Capital Partners, Dreamit Ventures, Buffalo Angels, and