Venture Capital & Private Equity

SHERIDAN, WYOMING - December 4, 2025 - Cresta Fund Management is expanding its senior leadership team to support the next phase of growth, appointing industry veteran David Altshuler as Partner and Head of Capital Formation and promoting two long-standing team members into expanded roles. The Dallas-based private equity firm, which focuses on energy infrastructure across industrial, logistics and agricultural sectors, is sharpening its institutional capital-raising capabilities as limited partners seek specialist managers with operational depth and clear energy-transition strategies.

Bringing a Capital Formation Heavyweight Into the Partnership

SHERIDAN, WYOMING – August 8, 2025 – A wave of high-value licensing deals between multinational pharmaceutical companies and Chinese biotechs is reshaping the global drug development landscape. While the headlines highlight billion-dollar transactions, the reality on the ground is a complex mix of opportunity and survival for China’s crowded biotech sector.

Licensing as a Strategic Lifeline
Out-licensing overseas rights has become a critical strategy for Chinese biotechs facing tightened capital flows and rising operational pressures. For many, partnering with multinational corporations is not simply a growth choice — it’s a means to stay in business. Executives across China’s leading hubs, from Shanghai Zhangjiang Pharma Valley to Suzhou’s BioBAY, report that companies have been cutting staff, selling assets, or closing entirely since 2022.

SHERIDAN, WYOMING – July 25, 2025 – Philips Foundation has announced the results of its 2024 activities in a newly published Annual Report, celebrating a milestone year that brought quality healthcare access to 46.5 million people globally—up from 28 million in 2023. The results mark a significant stride toward the Foundation’s 2030 goal of reaching 100 million underserved individuals each year.

Strategic Projects and Investments Drive Expansion

Throughout 2024, the Foundation initiated 22 new healthcare projects and five early-stage impact investments, with a strategic focus on primary care in underserved regions, particularly in India and Latin America. These initiatives leveraged Philips' health technology expertise to address rising non-communicable disease burdens and maternal health challenges.