Tag Archive : CFO

/ CFO

Laurence Tosi

Photographer: Peter Foley/Bloomberg

Laurence Tosi, a former chief financial officer of both Airbnb Inc. and Blackstone Group Inc., is in the final stages of raising a $750 million fund to make wagers on marketplace-focused technology companies, according to people with knowledge of the matter.

Tosi’s investment firm, WestCap Investment Partners LLC, has received about $1.2 billion of investor interest and is slated to close the vehicle in mid-November, according to one of the people, who asked not to be identified because the talks are private. Investors in the new WestCap vehicle include sovereign wealth funds such as Caisse de depot et placement du Quebec, pension funds and ultra-high-net-worth individuals or entrepreneurs and their family offices, some of the people said.

A WestCap representative and Caisse spokesman Conrad Harrington declined to comment.

The firm traces its roots to Weston Capital, which Tosi formed in 1997 and which made

Read More

Meng Wanzhou leaves the Supreme Court in Vancouver, British Columbia, Canada, on Sept. 28.

Photographer: Darryl Dyck/Bloomberg

Huawei Technologies Co. Chief Financial Officer Meng Wanzhou failed to convince a Canadian judge to grant her access to confidential documents pertaining to her extradition fight.

Meng has pressed for additional disclosure about the circumstances of her arrest at Vancouver’s airport on a U.S. handover request in December 2018. She argues her arrest was unlawful and that her extradition case should be dismissed.

In August, she sought an order from the Supreme Court of British Columbia to force the Canadian government to authorize full access to documents she said had been redacted or withheld arbitrarily. Canada argued that divulging them would violate confidentiality agreements with clients and third parties.

Associate Chief Justice Heather Holmes “upheld a majority of Canada’s privilege claims,” Canada’s Department of Justice said in a statement late

Read More

(Bloomberg) — Huawei Technologies Co. Chief Financial Officer Meng Wanzhou returned to a Canadian court to resume her long fight against extradition to the U.S., saying fraud claims linked to potential violations of American sanctions against Iran are so deeply flawed that they should be dismissed.

The U.S. accuses Meng of misleading HSBC Holding Plc and tricking the bank into processing transactions that put it at risk of violating the sanctions. At the request of U.S. officials, she was arrested by Canadian authorities in December 2018 while traveling in Vancouver.



a man sitting in a car talking on a cell phone: Huawei CFO To Seek Evidence Withheld By Canada About Her Arrest


© Bloomberg
Huawei CFO To Seek Evidence Withheld By Canada About Her Arrest

Meng Wanzhou arrives at the Supreme Court in Vancouver, Canada, on Sept 28.

Loading...

Load Error

Photographer: Darryl Dyck/Bloomberg

Since then, Meng has waged a legal battle that could take years. In May, a Vancouver judge allowed the extradition case to proceed because the alleged crime in the

Read More