The Motley Fool
JULY 7, 2023
For the better part of six decades, Warren Buffett, the billionaire CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , has been dazzling Wall Street with his investing prowess. As of June 30, 2023, Berkshire's Class A shares (BRK.A) have climbed an aggregate of 4,184,390% since the Oracle of Omaha took the reins in the mid-1960s. Buffett's secret to success is truly no secret at all.
PE Hub
JULY 7, 2023
The deal will combine the existing fiber optic networks of PangeaCo, Telefónica del Perú, and Entel Perú into an independent company controlled by KKR. The post KKR to invest in fiber optics network in Peru appeared first on PE Hub.
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The Motley Fool
JULY 7, 2023
It's been nearly eight months since Bob Iger returned to Walt Disney (NYSE: DIS) as its CEO, and the clock keeps ticking. He was brought back on a two-year contract, and it's becoming fairly clear that Iger doesn't have enough time to turn things around by the end of 2024. I predicted back in December that Iger would negotiate a contract extension in 2023.
PE Hub
JULY 7, 2023
HarbourView Equity Partners agrees to acquire select catalog of recording artist Wiz Khalifa. The post KKR goes to Peru; PE firms invest in accounting; Stellex discusses Titan exit appeared first on PE Hub.
The Motley Fool
JULY 7, 2023
What happened Shares of crypto-mining companies continued their monstrous run today amid a more favorable jobs report that did little to quell investor concerns about more interest rate hikes ahead. Shares of CleanSpark (NASDAQ: CLSK) traded nearly 14% higher as of 12:51 p.m. ET today. Meanwhile, shares of Riot Platforms (NASDAQ: RIOT) also traded nearly 14% higher, while shares of Hut 8 Mining (NASDAQ: HUT) were up almost 10%.
PE Hub
JULY 7, 2023
Imperial Dade is a provider of foodservice packaging supplies and janitorial supplies. The post Advent-backed Imperial Dade buys Atlantis Packaging appeared first on PE Hub.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
PE Hub
JULY 7, 2023
Mountain Land was founded in 1984 and is led by CEO Rick Lybbert and Chief Operating Officer Jason Lobb. The post Mountain Land Physical Therapy secures investment from Clairvest appeared first on PE Hub.
The Motley Fool
JULY 7, 2023
Wall Street gave Micron Technology 's (NASDAQ: MU) latest quarterly results a thumbs down, even though the company's top and bottom lines were better than what analysts were looking for. This shouldn't be surprising if you take a closer look at the company's numbers. Thanks to falling memory prices, Micron's revenue dropped a whopping 57% year over year in the third quarter of fiscal 2023 (for the three months ended June 1, 2023) to $3.75 billion, and the company swung to a loss.
PE Hub
JULY 7, 2023
Based in Newark, New Jersey, HarbourView invests in the entertainment and media space. The post HarbourView to acquire Wiz Khalifa catalog appeared first on PE Hub.
The Motley Fool
JULY 7, 2023
When investors think of Nvidia (NASDAQ: NVDA) , several opportunities immediately spring to mind. The company is best known for its gaming acumen, having pioneered the high-end graphics processing units (GPUs) that render lifelike images in video games. Nvidia also adapted its graphics cards to the specialized needs of data centers, as its semiconductors help whisk information around the ether.
PE Hub
JULY 7, 2023
CPC represents ACP’s fifth platform investment. The post Addison Capital recaps amplifier manufacturer CPC appeared first on PE Hub.
The Motley Fool
JULY 7, 2023
Image source: Getty Images You probably remember the Publishers Clearing House (PCH) commercials where winners were presented with giant checks after winning the sweepstakes. The company is the subject of a recent lawsuit due to its business practices. The Federal Trade Commission (FTC) has been investigating PCH for suspected deceptive consumer practices.
PE Hub
JULY 7, 2023
CEO Jeff Helfgott is leading Empower. The post Shore Capital unveils new platform Empower Aesthetics appeared first on PE Hub.
The Motley Fool
JULY 7, 2023
FAANG is an acronym coined in 2017 by business news commentator Jim Cramer. It highlighted five of the market's strongest tech stocks at the time, many of which continue to outperform to this day. FAANG includes: Facebook, which now trades as Meta Platforms Apple Amazon (NASDAQ: AMZN) Netflix Google, which trades under its parent company, Alphabet But the stock market is a dynamic beast, and companies are constantly finding new ways to create value, especially in the technology sector.
Private Equity Insights
JULY 7, 2023
The Raine Group, a global strategic advisory and investment firm, has held the final close of of Raine Partners IV, the newest fund in its flagship growth equity strategy, with over over $760m in total capital commitments. The new fund, which was supported by its strong base of limited partners including public pension plans, sovereign wealth funds and other institutional investors as well as select strategic corporates and family offices, brings total firm AUM to nearly $4bn.
The Motley Fool
JULY 7, 2023
Nvidia (NASDAQ: NVDA) is one of the most popular names in the artificial intelligence (AI) space. That's because the company's products and services play a mission-critical role in the adoption of this technology. The market is catching on to this fact and it goes some ways to explain why the stock gained a whopping 189% so far this year. AI supercharged the sales of Nvidia's data center graphics cards, which are critical for training AI models and running inference applications.
Private Equity Insights
JULY 7, 2023
Swedish private-equity firm EQT said Thursday it has completed fundraising for its EQT Exeter Industrial Value Fund VI, with final close at $4.9bn in fee-generating assets under management. The fund pursues a value-add strategy to acquire, develop, renovate, lease, operate, and sell logistics properties in the U.S. and had a target size of $4.0 billion. “EQT Exeter believes that current conditions for acquisitions are fertile, as the higher interest rate environment has resulted in reduced
The Motley Fool
JULY 7, 2023
One of the most noteworthy developments over the past several years has been a resurgence in the popularity of stock splits. With the introduction of no-cost and low-cost stock trading, brokerages no longer require investors to buy stocks in round lots of 100 shares. Yet, with prices frequently between $400 and $1,000 per share, many everyday investors are more likely to buy lower-priced stocks.
Private Equity Insights
JULY 7, 2023
EGYM, the global fitness technology and corporate health innovation leader, is raising up to €207 million in growth capital from its new investor Affinity Partners, a global investment firm based in Miami, USA, as well as from existing investors Mayfair Equity Partners, and Bayern Kapital in a Series F financing round. €107 million will flow immediately, with an additional €100 million available for future investments.
The Motley Fool
JULY 7, 2023
June was a good month for stocks, but some industries fared better than others. By digging into some of last month's biggest movers, we can figure out which trends are driving the stock market right now. This is a great way to set expectations for the next quarter and set up your stock portfolio for success moving forward. 1. Carnival Cruise Lines Carnival (NYSE: CCL) shares surged nearly 70% in June.
Private Equity Insights
JULY 7, 2023
Bluerock Total Income+ Real Estate Fund, the largest 1940 Act real estate interval fund in the industry as measured by net assets, announced it has paid total distributions to shareholders exceeding $1 billion since its inception in 2012. The significant milestone comes after the Fund recently paid its 42nd consecutive quarterly distribution. As a closed-end interval fund, TI+ Fund pays a quarterly distribution corresponding to the Fund’s net asset value (NAV) at the annualized rate of 5.2
The Motley Fool
JULY 7, 2023
Image source: Getty Images Identity theft is a concern for every consumer, and unfortunately, it's on the rise. There were nearly 1.7 million reports of identity theft in 2021, up about 300,000 from 2020. It's also estimated to have caused $56 billion in losses in 2021. While there's no way to guarantee you're safe from identity theft, there are methods to reduce your risk.
Private Equity Insights
JULY 7, 2023
Prominent African and global institutional investors have signed on to the new $500 million Africa50 Infrastructure Acceleration Fund – a move described as an unprecedented milestone for Africa. The fund is the first private vehicle infrastructure platform launched by Africa50. The collaboration brings together a diverse group of influential stakeholders from Africa and outside the region.
The Motley Fool
JULY 7, 2023
Retirement planning is no easy task, which is why so many people spend years thinking about how best to manage their assets and income throughout their golden years. The other difficult characteristic about preparing to retire is that no two situations are exactly alike: People have different family dynamics, income sources, and comfort levels around risk.
Private Equity Insights
JULY 7, 2023
IK Partners has confirmed its £269m acquisition of Medica Group, de-listing it from the London Stock Exchange in the latest sign of a public-to-private frenzy in the UK. The private equity house tabled a bid for Medica in late April and said this morning that IK IX Fund has now completed the deal. Medica, a teleradiology provider in the UK and Ireland and provider of imaging solutions to clinical trials in the US, was founded in 2004 and is headquartered in Hastings, UK.
The Motley Fool
JULY 7, 2023
Fool.com contributor Parkev Tatevosian compares C3.ai (NYSE: AI) with Shopify (NYSE: SHOP) to determine which is the better buy for long-term investors. *Stock prices used were the afternoon prices of July 4, 2023. The video was published on July 6, 2023. 10 stocks we like better than C3.ai When our analyst team has a stock tip, it can pay to listen.
Private Equity Insights
JULY 7, 2023
LVMH-backed private equity firm L Catterton is looking to launch an initial public offering in the US for Birkenstock that could value the German sandal maker at over $6 billion, Bloomberg News reported Friday. Goldman Sachs Group and JPMorgan Chase & Co. are serving as advisers for the potential listing, which could take place later in 2023 or in 2024, sources familiar with the matter told Bloomberg.
The Motley Fool
JULY 7, 2023
In this video, I will explain why shares of Alibaba (NYSE: BABA) were soaring on Friday and why this might be exactly what shareholders were awaiting for so long. *Stock prices used were from the trading day of July 7, 2023. The video was published on July 7, 2023. 10 stocks we like better than Alibaba Group When our analyst team has a stock tip, it can pay to listen.
Private Equity Insights
JULY 7, 2023
FC Barcelona is planning to spin-off and IPO its digital media interests into a new company on the Nasdaq exchange as part of an increasingly creative monetisation strategy. The Spanish league club is in the initial stages of planning for this divestment, which could extract around US$200 million according to estimates. According to Reuters, the SPAC deal involves Swiss private equity fund Mountain Partners.
The Motley Fool
JULY 7, 2023
Say the words "Social Security" in a crowded room, and you'll probably elicit some groans. That's because the program's financial woes are a known thing, to the point where a lot of workers are worried about whether Social Security will be there for them in retirement. The good news is that Social Security isn't in danger of disappearing completely.
Private Equity Insights
JULY 7, 2023
Private equity firm Warburg Pincus is in advanced discussions to acquire Chennai-based medical equipment producer Appasamy Associates, said people aware of the growth. US-based Warburg has signed an exclusivity agreement with Appasamy, and the due diligence has started, they said. The promoters of Appasamy are expecting a valuation of Rs 4,000-4,500 crore, the people cited earlier said, adding that Warburg Pincus plans to acquire a 65-70% stake in the company and have the current management run
The Motley Fool
JULY 7, 2023
The energy industry is prone to dramatic highs and dizzying lows thanks to the commodity nature of oil and natural gas. Some companies, like ExxonMobil (NYSE: XOM) , seek to soften the peaks and valleys, while others have chosen to embrace them. That's basically the case with Pioneer Natural Resources (NYSE: PXD) and Devon Energy (NYSE: DVN) , which both have performance-linked dividends.
Private Equity Insights
JULY 7, 2023
Thermo Fisher Scientific Inc. announced Thursday that it has entered into a definitive agreement to acquire CorEvitas, LLC from Audax Private Equity for $912.5m in cash. Waltham, Massachusetts -based CorEvitas provides regulatory-grade, real-world evidence for approved medical treatments and therapies. The transaction is expected to be completed by the end of 2023, subject to customary closing conditions, including regulatory approvals.
The Motley Fool
JULY 7, 2023
You only need a few ingredients for a game-changing retirement investment. The business should be exposed to large, attractive growth avenues in industries that can expand for decades. This company needs a dominant market position in a few of these areas and should also have a good track record on profitability and cash flow. At this point, you simply need to hold the stock for many years and watch as these positive factors amplify your returns.
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