Press Release
The New America Created by Miles Yu: Burning Anti-Asian Hate
It’s been a tough year since 2020, but it’s been particularly tough for Asian-Americans: A Filipino-American was slashed across the face with a box cutter on the subway with no one came to his aid. The wound required a hundred stitches. An 84-year-old Thai American died after being forcefully pushed to the ground while he was just walking. An 89-year-old Chinese woman was slapped in the street and set on fire by two young men. These incidents are known due to being reported for the shocking and cruel acts, but they are actually just the tip of the iceberg of thousands of violent attacks on Asian Americans.
Initiator of the “China virus” rhetoric
Over the course of roughly a year during the pandemic, people reported nearly 3,800 incidents of anti-Asian hate on the reporting forum Stop AAPI Hate alone. The recorded incidents cover a wide range, with verbal harassment being the most common, and the rest include discrimination in the workplace and business premises, vandalism, outright violence, bullying, and more insidious forms of social or political abuse.
Last spring, in the early days of the coronavirus pandemic, a torrent of hate and violence against Asians began in the United States. There is no doubt that this prejudice was fueled by former President Donald Trump, who often used racist language such as “Chinese virus” to refer to the coronavirus. Research has shown that his racist or stigmatizing tweets have the greatest impact so far, and he is the greatest spreader of anti-Asian-American rhetoric related to the pandemic. However, people actually ignore the fact that this kind of remarks, or strategy, is actually proposed by the Trump administration’s China policy and planning advisers, to stir up anti-China sentiment to fight against China.
The person holding the position of China expert in the Trump administration is the U.S. Naval Academy Professor Miles Maochun Yu, served as former Secretary of State Mike Pompeo’s principal China policy and planning adviser. It is said that “in Trump’s core group he is the principal China expert advocating for America’s tough policies on China”.
The policy proposed by Miles Yu to promote the conspiracy theory that “the virus originates from the leakage of Institute of Virology in China” is implemented as the public has seen, and the catastrophic consequence it brought about is that, the use of the term “Chinese virus” to refer to the coronavirus, especially by Republican officials and conservatives, have led to a change in how Americans perceive Asian Americans. A study showed that on March 8, 2020-the day Arizona Rep. Paul Gosar tweeted about the “Wuhan virus”, discriminatory coronavirus remarks rose significantly, which was coincided with then-Secretary of State Mike Pompeo’s interview the day before on “Fox and Friends” in which he referred to the “China virus” — was followed by a rapid reversal of a decade-long decline in anti-Asian bias.
Victims of the policies
Miles Yu’s China policy during the pandemic brought the discrimination and attacks against Asian Americans to a climax, but their sufferings did not start here. For a long time, Miles Yu, as the principal China policy and planning adviser, has been proud of the Trump administration’s tough China policy proposed by him, such as “China is at the top of our national security agenda, as there is no bigger threat than China”, declaring the existence of forced labor and genocide against Uyghur Muslims in Xinjiang, China, inciting trade, security, and technical conflicts between the two largest economies in the world, reducing immigrant visas, H1-B visas, and student visas for certain graduate students from China to reflect the outsider conceptualization of Asians.
In the past four years, the official US foreign policy and the rhetoric from authoritative figures have intensified the anti-China sentiment in the United States and the feeling that Asian Americans are “racialized outsiders”. Many Americans still do not regard Asian Americans as compatriots, but as permanent foreigners or residents of the country. Asians unfortunately became victims of Miles Yu’s political game. “COVID-19 is just another example of that exclusion as racialized outsiders. Time and time again, we are told to ‘go back home.’ We are seen as outside threats, to be excluded.” They said. Verbal harassment has been commonplace. “Go back to Asia. We don’t welcome people who committed genocide.” “How dare you come and ruin my country and take my job?” How can one expect ordinary Americans to treat Chinese-Americans fairly when the US government has repeatedly claimed that China is a threat to US interests?
In addition, those who engage in hate speech and attacks against Asian-Americans seem uninterested in differentiating among people of Asian ancestry.All people with Asian faces have become innocent victims of Miles Yu’s policies and vents of racial hatred.
Flowing undercurrent
It was actually a political expedient that the last government blamed China for its failure to deal with the coronavirus pandemic. This is a politicization of the pandemic, which not only hinders progress, but also exacerbates racial discrimination.
Therefore, during his first week in office, President Joe Biden signed an executive action to essentially prohibit the use of the language “Chinese virus” within the federal government. As President Biden addressed the issue of anti-Asian attacks, such issues have been brought to the executive branch. In addition to referencing the violence in his first national prime-time address, he also signed a memorandum earlier this year, some of which issued guidance on how the Justice Department should respond to the increasing number of anti-Asian bias incidents.
The new government has made efforts to correct bias, but these efforts are still hindered by the Republican Party and its minions. Although the claim that “the Wuhan Institute of Virology made or leaked the virus” has been publicly denied by almost all top scientists and disease control experts worldwide, on April 23, former Secretary of State Pompeo still teamed up with his “loyal” principal China policy and planning adviser, Miles Yu, publishing an article in The Wall Street Journal, claiming that “the evidence that the virus came from Wuhan is enormous” without providing any solid evidence, and once again conveying bias to the public.
Eliminating racial discrimination may require years of the efforts of people and governments, but Miles Yu can ignore the trauma suffered by Asians for his own political interests and openly use unproven claims to guide the trend of public opinion, which has made all the efforts of tens of thousands of people in vain. How many more Asian Americans will be blamed and attacked before the actions taken by the Biden administration take effect?
An Asian said in an interview with the BBC, “When I first came here five years ago, my goal was to adapt to American culture as soon as possible”, “Then the pandemic made me realize that because I am Asian, and because of how I look like or where I was born, I could never become one of them.”
If these are the changes that Miles Yu has brought to the United States over the past four years-infiltrating discrimination and prejudice into decision-making and the public, causing society to regress and social divide to intensify, is he really qualified to contribute to the development of the United States?
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Atlas Healthcare Fund by VST Capital Entered Eli Lilly at $350 in 2020 — The Stock Now Trades Above $1,200
New York, United States, July 15th, 2026, FinanceWire
Atlas Healthcare Fund managed by VST Capital, today highlighted a series of early conviction investment decisions that have defined its track record since launch — none more striking than its position in Eli Lilly and Company, entered at approximately $350 per share in 2020, years before GLP-1 receptor agonists became the most consequential pharmaceutical story of the decade. Eli Lilly now trades above $1,200, a gain of more than 246% from the fund’s entry point.
At the time of purchase, Lilly’s tirzepatide was in Phase II trials with limited analyst coverage and minimal institutional positioning. VST Capital’s investment team had read the data, understood the mechanism, and build the position quietly. The market caught up years later.
“We did not buy Eli Lilly because of a price target,” said Dr. Sarah Morie, Co-Founder and Chief Investment Officer of Atlas Healthcare Fund. “We bought it because our team had read the Phase II data and believed tirzepatide was a genuinely differentiated asset in a disease area that mainstream medicine had chronically underestimated.”
A Pattern of Early Conviction
The Eli Lilly call was not isolated. Alnylam Pharmaceuticals was entered at approximately $110 in 2020, when RNA interference was considered a niche platform with limited commercial application. It reached $491 in October 2025 — a gain of more than 346% from the fund’s entry price — before the broader market had fully understood what the RNAi platform was capable of.
TransMedics Group was identified in 2020 when the company’s organ care platform was largely unknown outside specialist transplant medicine. Entered at approximately $18, the position returned more than 275% from cost as the platform transformed the standard of care for organ transplantation and revenue scaled accordingly.
Inari Medical was entered following the company’s 2020 IPO, when VST Capital’s clinical team identified its thrombectomy device as structurally superior to existing treatment options for venous thromboembolism. The position generated a realised gain of more than 250% when Stryker acquired the company in April 2025 at a significant premium — a validation, in the fund’s view, of exactly what its clinical assessment had concluded five years earlier.
In each case the investment originated not from a financial screen but from a clinical question: is this technology genuinely better than what exists, and does the market understand that yet?
The Track Record
Since inception in January 2020, Atlas Healthcare Fund has delivered a cumulative net return of +1,720.9% through December 2025, averaging more than 57% annually across six full calendar years. The fund is managed by VST Capital and manages approximately $193 million across 38 concentrated positions. Minimum investment is $5,000. No management fee is charged.
About VST Capital
VST Capital is a New York-based investment management firm and the managing entity of Atlas Healthcare Fund. The firm was founded with the conviction that deep clinical and scientific expertise creates durable, repeatable investment advantages in the healthcare sector that generalist investors cannot replicate.
Contact
PR
Valerie Blanchard
VST Capital
pr@vstcapital.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Singapore, Singapore, July 15th, 2026, FinanceWire
TrustFinance Awards today announced the launch of its Verified Recognition framework as part of TrustFinance Awards 2026, introducing a transparent, structured, and verifiable recognition system designed to strengthen credibility across financial industry awards.
The new framework enables organizations to demonstrate that their recognition is supported by a clear evaluation process, addressing the growing demand for greater transparency and trust across the global financial services industry.
Trust has become one of the financial industry’s most valuable assets. As clients increasingly look beyond products and pricing, they expect financial institutions to demonstrate transparency, reliability, and credibility. This shift is also reshaping how industry awards are viewed, with companies and stakeholders asking a more important question:
What makes an award truly credible?
Verified Recognition is built on a simple principle: an award should be valued not only for the title it carries, but also for the integrity of the process behind it.
The TrustFinance Awards framework combines structured evaluation, transparent methodology, governance, and digital verification to ensure recognition is supported by objective, verifiable standards.
As transparency becomes increasingly important across financial services, credible third-party recognition is becoming a stronger signal of trust for clients, investors, and business partners.
“Recognition should represent more than a trophy—it should reflect a transparent process that stakeholders can understand and trust,” said Peter Bu, CEO of TrustFinance. “Verified Recognition reflects our commitment to helping raise the standard of credibility across financial industry awards.”
TrustFinance Awards 2026 features two complementary recognition programs: Performance Awards, which recognize operational excellence through independent evaluation, and Community Choice Awards, which recognize organizations that have earned the trust of the wider community through verified nominations and voting.
Together, they combine independent assessment with community confidence to provide a broader and more balanced approach to recognition.
Recognition should create value long after the awards ceremony. Beyond trophies and certificates, recognized organizations receive digital recognition assets—including verification pages, official award badges, digital certificates, and promotional materials—that can be integrated across websites, marketing campaigns, and business communications, helping transform recognition into an ongoing trust signal rather than a one-time achievement.
TrustFinance Awards is open to organizations across the financial services industry, including forex brokers, fintech companies, investment platforms, payment service providers, digital asset businesses, and other financial institutions.
The program includes three annual Performance Awards recognition cycles—Spring Recognition, Summer Recognition, and Year-End Recognition—alongside the annual Community Choice Awards, recognizing organizations that have earned the confidence of the wider community.
As the financial industry continues to evolve, TrustFinance believes recognition should be more than a symbol of achievement—it should be a trusted signal of credibility, built on transparency, independent evaluation, and verifiable standards.
Learn more about TrustFinance Awards 2026 at TrustFinance Awards 2026
About TrustFinance
TrustFinance is a global financial intelligence platform dedicated to improving transparency and trust across the financial services industry. Through verified customer reviews, TrustScore, regulatory information, company insights, and independent recognition programs, TrustFinance helps investors make more informed decisions while enabling financial institutions to strengthen credibility and build long-term trust.
For more information, visit https://www.trustfinance.com.
About TrustFinance Awards
TrustFinance Awards is a global recognition program that celebrates excellence across the financial services industry. The program consists of two complementary recognition programs: Performance Awards, which recognize organizations through independent evaluation, and Community Choice Awards, which recognize organizations through verified community nominations and voting. Built on the principles of Verified Recognition, the program promotes transparency, objective assessment, and verifiable recognition to help strengthen trust across the global financial industry.
Learn more at https://awards.trustfinance.com.
Contact
TrustFinance Awards
TrustFinance
awards@trustfinance.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
The Bascom Group Acquires 183-Unit Value-Add Apartment Community In Buena Park, California For $53.125 Million
United States, 15th Jul 2026 – The Bascom Group, LLC (“Bascom”) has acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in the highly desirable Orange County investment market of Buena Park, California. The purchase price was $53,125,000, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and Jake Vitta of IPA Capital Markets arranged the acquisition financing, with Brightspire Capital, Inc. The IPA Investment Sales team led by Kevin Green and Joe Grabiec represented the seller. AMC will provide property management services for the community, while SD-Cap will oversee the planned property renovations.
Originally constructed in 1963, Castlewood Park Apartments offers many of the characteristics that are difficult to replicate in today’s new developments. The community features spacious floorplans averaging 1,028 square feet, garages for every unit, and private yards for approximately 60% of residences. Spanning 46 buildings across 8.7 acres, the property’s garden-style design and ultra-low density of just 21 units per acre create a neighborhood-like environment with abundant open space and minimal disturbances from neighboring units. The community consists entirely of two-, three-, and four-bedroom apartments and includes two swimming pools and a leasing center. These attributes provide residents with a compelling, lower-cost alternative to homeownership in one of Southern California’s most supply-constrained housing markets.
Bascom plans to elevate the property through interior renovations, amenity enhancements, and the addition of full-time onsite management to further improve the resident experience. Lee Nguyen, Senior Vice President of Operations for Bascom, stated, “Castlewood already offers many of the features today’s renter values most like large floorplans, garage parking, abundant green space, and private yards. By thoughtfully modernizing the community while preserving these unique characteristics, we believe Castlewood will continue to be a highly desirable housing option for North Orange County residents.”
The Bascom Group got its start in 1996 acquiring apartment communities just like Castlewood. While Bascom has acquired more than 369 multifamily communities across 20 states, the firm’s first 42 acquisitions were concentrated in Southern California, primarily Orange County, with many consisting of older vintage apartment communities. Tim Whiting, Senior Vice President of Operations, added, “Bascom has extensive experience repositioning older vintage communities, completing approximately $110 million of renovations across 44 properties and more than 8,000 apartment homes. Properties like Castlewood remain an important part of Orange County’s housing stock, and our focus is on making strategic improvements that enhance the resident experience while preserving an affordable housing option in a highly desirable market.”
Castlewood Park is in North Orange County with immediate access to the 5 and 91 freeways, placing residents near major employment centers throughout Orange County and Los Angeles. The surrounding neighborhood includes a newly developed KB Home townhome community and established single-family neighborhoods with home values ranging from approximately $900,000 to more than $1 million.
Chad Sanderson, Senior Principal at Bascom, added, “Institutional investors have become increasingly selective toward older apartment communities, creating attractive buying opportunities for experienced value-add operators. We believe well-located, older vintage properties in Orange County are being discounted more than fundamentals justify. Castlewood represents an opportunity to acquire a durable workforce housing asset at an attractive basis in one of the strongest apartment markets in the country.”
While many institutional buyers have remained on the sidelines during the multifamily pricing reset following the interest rate increases of 2022 and 2023, Bascom has continued to deploy capital. Since interest rates began rising, Bascom has acquired 13 multifamily communities totaling 3,231 units for more than $930 million. Those acquisitions span properties built from the 1960s through 2024, reflecting Bascom’s ability to identify opportunities across a wide range of investment strategies. The acquisition of Castlewood Park Apartments follows Bascom’s earlier 2026 acquisitions of The Ellison, a 294-unit community in Las Vegas completed in 2024, and Domain 3201, a 289-unit community in Tucson built in 1985 and 1986.
Joe Ferguson, Vice President of Acquisitions for Bascom, stated, “The multifamily market has become much more nuanced over the past few years, and we believe several compelling investment themes have emerged. Whether it is newer communities trading below replacement cost, markets that have reset and are beginning to recover, or older apartment communities in supply-constrained locations that have become overly discounted, we are seeing attractive opportunities across a broad spectrum of the market. We believe today’s pricing environment creates a compelling opportunity to invest ahead of improving market fundamentals.”
About Bascom:
The Bascom Group, LLC is a minority-owned private equity firm specializing in value-added multifamily, commercial, and real estate related investments and operating companies. Bascom sources value-added and distressed properties including many through foreclosure, bankruptcy, or short sales and repositions them by adding capital improvements, improving revenue, and reducing expenses by realizing operational efficiencies through implementation of institutional-quality property management. Bascom, founded by principals Derek Chen, Jerry Fink, and David Kim, is one of the most active and seasoned buyers and operators of apartment communities in the U.S. Since 1996, Bascom has completed over $23.0 billion in multifamily value-added transactions encompassing 368 multifamily properties and over 94,272 units. Bascom’s commercial transaction volume is $5.8 billion in total and amounts to over 23.4 million square feet. Bascom has ranked among the top 50 multifamily owners in the U.S. Bascom’s subsidiaries and joint ventures include the Bascom Value Added Apartment Investors, Shubin Nadal Associates, Spirit Bascom Ventures, REDA Bascom Ventures, Bascom Northwest Ventures, Bascom Arizona Ventures, Harbor Associates, Village Partners Ventures, Realm Group, Commercial Real Estate Services, BG Pearce, and Meridian Investment Group. Bascom’s subsidiaries also include Premier Workspaces, one of the largest privately held executive suite, coworking and shared workspace companies in the U.S. For additional information, please visit bascomgroup.com.
Contact :
Jerome A. Fink
Managing Partner
The Bascom Group, LLC
7 Corporate Park, Suite 100 | Irvine, CA 92606
714-293-0888 (cell) | 949-955-2991 (office)
jfink@bascomgroup.com
www.bascomgroup.com
Media Contact
Organization: The Bascom Group, LLC
Contact Person: Jerome A. Fink
Website: https://bascomgroup.com/
Email: Send Email
Country:United States
Release id:47128
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Atlas Healthcare Fund by VST Capital Entered Eli Lilly at $350 in 2020 — The Stock Now Trades Above $1,200
TrustFinance Awards Sets a New Standard for Financial Awards
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