Fri.Apr 12, 2024

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I'm in My 50s. Do I Need Long-Term Care Insurance?

The Motley Fool

Image source: Getty Images Long-term care insurance is designed to prevent the financial strain that comes with unexpected nursing home stays and other types of long-term care you might need later in life. With nursing home stays exceeding six-figure sums in many cases, this can be valuable protection for retirees. While you're unlikely to need long-term care anytime soon if you're a healthy 50-something who hasn't retired yet, you can certainly purchase a long-term care policy if you choose to

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Model N signs $1.25bn go-private deal with Vista Equity

Private Equity Insights

Healthcare IT firm Model N said on Monday it has entered into an agreement to be taken private by investment firm Vista Equity Partners for about $1.25 billion, sending its shares up 9.3% at $29.60 in premarket trading. Vista will acquire all the outstanding shares of Model N for $30 per share, according to the terms of the agreement, representing a premium of 10.7% to the company’s last close.

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Don't Fall for This Myth About Childfree Finances

The Motley Fool

Image source: Getty Images I decided more than three decades ago that I wasn't going to become a parent, and in the ensuing years, I've heard all the myths, stereotypes, and outright lies about people like me. One of the biggest is that people without kids are rich -- this one is frequently repeated, even in comic strip form. Let me clear that up for you right now.

Financing 246
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Adams Street raises $1bn for first middle market CLO

Private Equity Insights

The private credit team of Adams Street Partners, a private markets investment firm with more than $58bn in AUM, has held the final closing of ASP Summa, a $1bn middle market collateralised loan obligation (CLO). The CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company (American Equity Life), an issuer of fixed index annuities.

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3 Signs You Should Switch to Costco if You're a Sam's Club Member

The Motley Fool

Image source: Getty Images Both Costco and Sam's Club are warehouse clubs that you pay a membership fee to join. Many people opt to pay the cost of membership because these warehouse clubs offer bulk bargains. For most people, it doesn't really make sense to join both Costco and Sam's Club. There's a lot of overlap between what the stores offer, and your budget might not bear the cost of both.

Returns 246
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Nalka Invest and Kirk Kapital acquire Norstat from Triton Partners

Private Equity Insights

Triton Partners’s Triton Smaller Mid-Cap Fund I has agreed to sell European consumer data collection platform Nemas Holdco (Norstat) to Swedish private equity firm Nalka Invest, with Danish investment firm Kirk Kapital acting as a large minority shareholder. Terms and conditions of the transaction have not been disclosed, and closing is subject to customary regulatory approvals.

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Compass Group closes second oversubscribed fund with a $408m cap

Private Equity Insights

US private equity firm Compass Group Equity Partners has closed Compass Group Fund III and hit its hard cap of $408m, the firm’s second oversubscribed fundraising in two years. According to a press release, the fund attracted “strong carryover” from investors in the firm’s previous fund, which closed in April 2022, having secured support from insurance companies, endowments, registered investment advisors, and foundations.

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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold For a Decade

The Motley Fool

Artificial intelligence (AI) has burst onto the scene in a big way over the past year or so. The forerunners of modern AI have been around since the 1950s, but recent algorithms have taken the technology to the next level. What sets generative AI apart from its predecessors is not only the ability to create completely new and unique content but also to streamline and automate processes, resulting in substantial productivity increases.

Investing 246
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STG to Acquire Gresham Technologies for £146.7m

Private Equity Insights

Alliance Bidco, a limited company indirectly owned by Symphony Technology Group (STG Partners), a $10bn US private equity firm focused on data, software and analytics, has agreed to an all-cash £146.7m take-private of Gresham Technologies, a UK fintech specialising in solutions for data integrity and control, banking integration, payments and cash management.

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Here Are All 27 of Warren Buffett's Billion-Dollar Bets in Berkshire Hathaway's $370 Billion Portfolio

The Motley Fool

For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been delivering outsized returns for his investors. Whereas the benchmark S&P 500 has gained a little over 34,000%, including dividends paid, since the "Oracle of Omaha" took over as Berkshire's CEO in the mid-1960s, Buffett has overseen an aggregate return in his Class A shares (BRK.A) that surpassed 5,100,000%, as of the closing bell on April 5.

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Blackstone to take Apartment Income REIT private in $10bn deal

Private Equity Insights

Asset manager Blackstone known as AIR Communities, for $10 billion in cash, including debt, in what analysts see as a bet on easing pressure within the commercial real estate market. Under the deal, Blackstone will pay $39.12 for each share of the real estate investment trust, representing a premium of about 25% to its closing price on Friday. Shares of the REIT jumped about 23%.

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Is Alphabet's New Artificial Intelligence (AI) Chip Bad News for AMD and Intel Stock Investors?

The Motley Fool

In today's video, I discuss recent updates affecting Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 10, 2024. The video was published on April 11, 2024. Should you invest $1,000 in Alphabet right now?

Investors 246
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Verdane acquires majority stake in Corlytics

Private Equity Insights

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. The investment will support the Corlytics’s continued growth. Verdane invested in Corlytics via its newly raised €1.1bn Edda III Fund. The firm currently has €6.9bn in committed capital for scaling tech-enabled growth businesses, according to a press release.

Stakes 130
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Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks?

The Motley Fool

The demand for artificial intelligence (AI) stocks may lead investors to ponder how to invest in this sector with minimal risk. This is a critical concern as AI stocks like Nvidia and Tesla have experienced massive sell-offs when those stocks fell out of favor. Moreover, the AI industry is comprised of smaller stocks such as DigitalOcean and C3.ai. Although investors may see considerable potential for gains, unexpected occurrences often derail such growth stories.

Investors 246
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GIP Australia Fund II holds AUD4bn final closing

Private Equity Insights

Infrastructure private investment firm Global Infrastructure Partners (GIP), has held the final closing of the GIP Australia Fund II (GIPA II) with aggregate committed capital of AUD4bn (£2.1bn), at the upper end of its AUD3bn to AUD4bn target range. GIPA II has commitments from institutional investors across Australia, Asia, Europe and North America.

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Here's How Much Financial Experts Say the Average Worker Should Have Saved for Retirement by 50

The Motley Fool

One of the most challenging parts of planning for retirement is never knowing exactly how much you need to save. It's impossible to predict what emergency costs could arise, and your plans for the future could also shift as you age. This is why many people fall back on certain retirement "rules" about how much they should save. Here's what one of the most popular retirement savings rules says about how much the average worker should have saved by the age of 50.

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Orion sells further minority stake in Sweetwater Royalties at $1.9bn valuation

Private Equity Insights

Orion Resource Partners, a global investment firm specialising in metals and materials, has sold an 8% minority interest in Sweetwater Royalties, a private industrial minerals royalty company, to a Canadian pension fund for $100m. The transaction implies an approximately $1.9bn enterprise value for 100% of Sweetwater Royalties, with Orion retaining a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers’ Pension Plan in March 2023 for approximately $220m.

Stakes 130
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Missed Out on Nvidia? 1 Artificial Intelligence (AI) Growth Stock to Buy Before It Jumps 48%, at Least.

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in 2024, with shares of the chipmaker registering stunning gains of 70% so far this year as its artificial intelligence (AI)-fueled growth shows no signs of stopping. Nvidia's revenue and earnings are topping Wall Street expectations. Even better, Nvidia is expected to sustain its impressive growth going forward thanks to its 90%-plus share of the AI chip market and an aggressive product roadmap.

Bidding 246
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Triton Partners acquires V&N Group from VolkerWessels

Private Equity Insights

Funds advised by European mid-market private equity firm Triton Partners have agreed to acquire VolkerWessels Verbindingen en Netwerken (V&N Group), a provider of energy & utility, connectivity and building installation services in the Netherlands and Germany. V&N Group is indirectly owned by Koninklijke VolkerWessels, the major European construction services business, and controls its energy, telecom and technical installation companies cluster.

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Forget Nvidia: This Stock Is a No-Brainer Artificial Intelligence (AI) Buy Right Now

The Motley Fool

There's no denying that Nvidia sells the most powerful artificial intelligence (AI) chips today and dominates the market, holding an 80% share. And the stock represents a solid long-term investment opportunity even though it's soared in the triple digits over the past year. But that doesn't mean it's the best AI buy right now. In fact, one of Nvidia's rivals -- a player that fell behind in the AI race -- actually represents a more pressing buying opportunity today as it may be ripe for a big tur

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Thoma Bravo eyeing $20bn for new buyout fund

Private Equity Insights

Thoma Bravo, a private equity investment firm focused on the software sector with a particular focus on enterprise solutions, is planning to raise about $2bn in capital commitments for a new flagship buyout fund. The report cites people familiar with the matter as revealing that the technology-focused firm is discussing commitments to Thoma Bravo Fund XVI LP, which does not have a hard cap, with potential investors.

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5 Amazing Dividend Stocks Yielding Over 5%

The Motley Fool

Owning dividend stocks can be a great way to beat the market long term, and the market is giving investors some great opportunities today. In this video, Travis Hoium highlights five great dividend stocks with yields over 5%. *Stock prices used were end-of-day prices of April 10, 2024. The video was published on April 11, 2024. Should you invest $1,000 in Verizon Communications right now?

Returns 245
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EQT to acquire Spain’s Universidad Europea for over €2bn

Private Equity Insights

EQT has agreed to acquire a majority stake in Spain’s Universidad Europea from private equity firm Permira, in a deal that sources said valued the higher education group at more than 2 billion euros ($2.2 billion) including debt. The buyout groups announced the deal on Monday. It will see Permira retain a minority holding in the business. The deal represents EQT’s first-ever investment in education made through its infrastructure arm.

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Amazon CEO Andy Jassy Says Generative Artificial Intelligence (AI) May Be the Largest Technology Transformation Since the Internet. 1 Stock to Buy If He's Right.

The Motley Fool

In Amazon 's (NASDAQ: AMZN) annual shareholder letter released on Thursday, CEO Andy Jassy said, " Generative AI may be the largest technology transformation since the cloud. and perhaps since the Internet." If his excitement about artificial intelligence (AI) was apparent from that statement, he went on to say, "The amount of societal and business benefit. will astound us all.

Stakes 243
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Ares leads $1.2bn CentralSquare debt refinancing

Private Equity Insights

Ares Management is leading a group of private credit firms including Oak Hill Advisors, providing a debt package of over $1.2bn to CentralSquare Technologies as the software developer looks to refinance its debt. The report cites unnamed people familiar with the mater as revealing that the financing includes a $1.1m direct term loan that priced at 6 percentage points above the Secured Overnight Financing Rate, and a roughly $125m revolving facility.

Debt 130
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My Disney Stock Price Prediction for 2029

The Motley Fool

Fool.com contributor Parkev Tatevosian forecasts where Disney 's (NYSE: DIS) stock price could be in five years. *Stock prices used were the afternoon prices of April 9, 2024. The video was published on April 11, 2024. Should you invest $1,000 in Walt Disney right now? Before you buy stock in Walt Disney, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walt Disney wasn’t one of them.

Returns 243
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Blackstone closing in on L’Occitane deal

Private Equity Insights

Blackstone is closing in on a deal with L’Occitane International owner Reinold Geiger to take the global skincare company private, with the world’s largest alternative asset manager potentially providing debt financing for the buyout. The report cites people familiar with the matter as suggesting that an announcement on a deal, which would end the company’s 14-year listing on the Hong Kong stock exchange, may be made in the next few days.

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Better AI Stock: Nvidia vs. AMD

The Motley Fool

The chip market has exploded over the last year as a boom in artificial intelligence (AI) led to a spike in demand for more powerful hardware. Increased interest in AI services has meant an increased need for graphics processing units (GPUs), the chips necessary to train and run AI models. As a result, the companies at the forefront of this technology, Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) , have enjoyed stock gains of 222% and 84%, respectively, since last April.

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Brookfield eyes majority stake in $22bn airline lender Castlelake

Private Equity Insights

Alternative investment giant Brookfield Asset Management is in advanced talks with Castlelake over the acquisition of a majority stake in the $22bn private credit manager, a specialist in aircraft leasing, according to a report by the Financial Times. The report cites three unnamed people briefed on the matter as revealing that the proposed deal would see Brookfield invest more than $1.5bn to buy a majority interest in Castlelake and also make a large investment in its funds.

Stakes 130
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1 Top Growth Stock That Could 10x Over the Next 10 Years

The Motley Fool

Growth stocks are soaring in the bull market, but new data about inflation put the brakes on the market's rise last week. Will inflation keep moving up? Will the Federal Reserve cut interest rates? Is a recession still a possibility? These kinds of questions keep economists on their toes, but smart investors zoom out and focus on the long term. Ten years from now, whether or not there was a recession in 2024 will be largely irrelevant.

Returns 242
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Behrman Capital acquires dental manufacturer Vista Apex from Inverness Graham

Private Equity Insights

New York-based private equity firm Behrman Capital has acquired Vista Apex, a US manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, from Philadelphia-based private equity firm Inverness Graham. Vista Apex’s management team, led by CEO Scott Lamerand, will continue to lead the company under Behrman’s ownership.

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Will Intel's New Artificial Intelligence (AI) Chip Send It Soaring Past Nvidia?

The Motley Fool

Nvidia (NASDAQ: NVDA) is known as the world's top seller of artificial intelligence (AI) chips because its product has been unbeatable so far. The company makes the most powerful chip out there today, helping companies power the tasks of training and inferencing for their AI models. This has helped Nvidia's earnings soar in the triple digits last year -- and its share price followed, with an increase of more than 200% over the past year.

Prospects 241
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Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC Exchanges

FinSMEs

Cryptocurrency markets have surged in popularity, attracting investors globally. In the United States, especially in New York, financial regulation is very important. Understanding the regulations is crucial. Also, for people who value privacy, finding trustworthy exchanges is crucial. They must be no-KYC (know your customer). This article covers the regulatory environment in the USA and […] The post Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC E

Investors 120
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Is Intel Stock Finally a Buy?

The Motley Fool

In today's video, I discuss recent updates affecting Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 11, 2024. The video was published on April 12, 2024. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy

Returns 239