If successful, the funding would underline the rapid growth of the sector this year. In April, Lufax raised 0m at a bn valuation.}
SETTING: Stonington is on Little Narragansett Bay in southeastern Connecticut, about an hour by car from Hartford and Providence, R.I., and three hours from New York City. Once a busy harbor with a long maritime history, the town remains home to a commercial fishing fleet, several historic districts of Colonial and Federal houses and a healthy sailing community. There’s a small public beach at the tip of town and another, much larger one in Watch Hill, R.I., about a 20-minute drive away. This Greek Revival house, with the requisite Ionic columns and a fan window in its pediment, is in the center of town.