SAP Ventures Raises $650M Fund as IPOs Increase

Oct. 2 (Bloomberg) -- SAP Ventures, the startup-investing unit of German software maker SAP AG, raised more than $650 million for its latest fund, bringing the total amount it manages to $1.4 billion. Ari Levy reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Kyle Bass Warns of Huge Losses for Chinese Banks
33:46 - Albert Rabil, chief executive officer and managing partner at Kayne Anderson, discusses a warning by hedge fund manager Kyle Bass that China's banking system is at risk of losses that could top U.S. banks during the subprime crisis. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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