Search results
Thomas Tull, the billionaire who started the production studio behind “The Dark Knight” and “Dune,” is raising money for a private investment fund that will count a unit of Guggenheim Partners among its biggest backers. The US Innovative Technology Fund is seeking $3 billion to $5 billion to invest in companies catering to the defense ...
- sbasak7@bloomberg.net
- Bloomberg News
Feb 20, 2023 · Tull, who runs his own investment holding company known as Tulco, will be chairman of the new fund that will focus on growth- and early-stage companies in industries including quantum computing, artificial intelligence, cyber, satellites, biotechnology, and space.
Jul 1, 2024 · We combed the tech funds universe to find portfolios with reasonable expense ratios and top-notch performance. Most are open to individual investors while a few can be purchased through a...
Sep 15, 2022 · Former Hollywood producer Thomas Tull, who started the studio behind The Dark Knight and Dune, is raising money for a fund to invest in companies catering to the defence and hi-tech sectors.
Apr 12, 2024 · As Tull’s ambition has risen alongside the broader growing interest in defense tech, he’s raised $1.8 billion from investors like Guggenheim Partners for his U.S. Innovative Technology fund, which also contains some of his own personal wealth.
The ‘Magnificent Seven’ US tech stocks – Amazon, Apple, Alphabet (Google’s parent), Meta, Microsoft, NVIDIA and Tesla – led the charge that contributed to the tech-biased Nasdaq index rising 43%...
People also ask
What happened to tech funds in 2022?
Are tech stock funds reviving in 2023?
Who is Thomas Tull?
Should you invest in a tech-based investment fund?
How many technology mutual funds are there?
Should you invest in technology funds?
Jun 5, 2023 · Prior to 2022, technology funds significantly outperformed the overall stock market. However, that bull market led to many tech stocks trading an extremely high valuations by late 2021.
