August, 2024

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Catastrophizing Debt

The Big Picture

I’m deep in my book writing work discussing federal debt when I see a tweet that simply epitomizes the entire genre. Full disclosure: My priors on federal debt are that I don’t know where the line of too much should be drawn, but I do know that none of the terrible things we were warned about over the past 50 years due to excess debt have come to pass.

Debt 138
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Is Solana the Next PayPal?

The Motley Fool

Since being launched in March 2020, Solana (CRYPTO: SOL) has generated a monster return for investors, rising more than 16,000%. That performance is certainly impressive, even though the cryptocurrency is trading 44% below its all-time high today. However, the gains can draw attention away from the fact that this blockchain network is working on an innovative new feature that looks promising.

Assets 246
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Trending Sources

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Millennials Are Becoming Boomers

A Wealth of Common Sense

After the Great Financial Crisis, everyone was trying to figure out how it would impact the coming wave of millennials entering adulthood. Millennials were getting blamed for killing everything — napkins, diamond rings, chain restaurants, motorcycles, bar soap and more. Sure, whatever. The one that never made sense to me was all the pundits predicting millennials would never buy a home or move out of big cities.

Finance 141
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stabble Raises $2.5M in Funding

FinSMEs

stabble, a Dubai, UAE-based provider of a Solana-based protocol established to minimize financial loss by reducing operational costs, raised $2.5M in a combined pre-seed, seed, and private funding round. The round was led by Masterblox with participation from Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, and ZEMU VC. The company intends to use the funds for product development, marketing, security […] The post stabble Raises $2.5M in Funding appeared first on FinS

Funds 141
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Private Credit: From Mid-Market to Real Economy Financier

Blackstone

A powerful shift is underway in credit markets as private lenders partner with banks to finance real economy assets. This long-term secular trend has helped private credit markets expand rapidly, but we believe that we’re still in its early innings. In our view, there’s a $25 trillion-plus opportunity ahead that can continue to drive tremendous growth and opportunity for our clients.

Finance 121
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NEA raises almost half a billion dollars in return to secondaries market

AltAssets

Venture capital major New Enterprise Associates (NEA) has raised more than $468m for its first secondaries-focused fund since spinning out its specialist arm eight years ago. The post NEA raises almost half a billion dollars in return to secondaries market appeared first on AltAssets Private Equity News.

Returns 110

More Trending

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1 of Ford's Biggest Problems Is About to Get Tougher. Is It Time to Worry?

The Motley Fool

Over a decade ago, one intriguing catalyst for Ford Motor Company (NYSE: F) investors was its potential growth in China. It was deemed a rapidly growing market that was intended to become a second pillar of financial results, standing next to North America. My, how things change. Fast-forward to today, and Ford, as well as crosstown rival General Motors (NYSE: GM) , have a big problem in China.

Banks 246
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This is Normal

A Wealth of Common Sense

Boy that escalated quickly. Markets sold off in a hurry this week. The S&P 500 is down almost 6% from the recent highs. The Nasdaq 100 is in an 11% drawdown. After an extremely calm year, the past week or so has finally seen some volatility in the stock market. Here’s the thing — it’s what happened before this that was not normal: This really cool chart came out a couple of weeks ago (via Sherwood).

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Slingshot AI Raises Approx. $30M in Seed Funding

FinSMEs

Slingshot AI, a New York- and London, UK-based AI mental health startup, reportedly raised approximately $30m in seed funding. The round was led by Andreessen Horowitz (a16z). Other backers in the company included Felicis Ventures, BoxGroup, Gokul Rajaram, Jerry Murdock, Bryan Baum, Sumeet Gajri, Arjun Sethi, Mike Stoppelman, Liu Jiang, Cory Levy, and David Cahn. […] The post Slingshot AI Raises Approx. $30M in Seed Funding appeared first on FinSMEs.

Startups 120
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New credit manager CCS Partners secures $4bn for investments

Private Equity Wire

CCS Partners, a newly established credit management firm specialising in structured and private asset-based transactions, has raised $4bn in commitments since its launch earlier this month, according to a report by Bloomberg. The report cites an unnamed source familiar with the matter as revealing that the firm, co-founded by industry veterans Randy Takian (President), and Rob Kinderman (Chief Investment Officer, officially launched on 1 Augustand is set to invest in a range of securities and lo

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Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close

AltAssets

Tech-focused investment house Insight Partners has reportedly raised more than $10bn towards its latest flagship fund, putting it well on the way to its $12.5bn target. The post Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close first appeared on AltAssets Private Equity News. The post Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close appeared first on AltAssets Private Equity News.

Funds 115
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How Focused Marketing and Top-Tier Advice Doubled Erin Scannell’s AUM to $4B in Just 4 Years

Steve Sanduski

Guest: Erin Scannell , Chief Executive Officer of Heritage Wealth Advisors. In a Nutshell: When I talked to Erin Scannell in 2020, he was directing 50 team members, 18 advisors, and about $2 billion in AUM. Four years later, Heritage has doubled to $4 billion in AUM, and Erin is in charge of over 80 team members, including 20 advisors and a robust support team.

Prospects 105
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You Have 4 Months to Prepare for These 3 Social Security Changes

The Motley Fool

Social Security has been around for decades. But that doesn't mean everything about it stays the same from year to year. Beginning January 1, Social Security is expected to undergo some big changes -- ones you should start preparing for sooner rather than later. Here's what to expect in about four months -- and how to gear up. Image source: Getty Images.

Taxes 246
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15 Ways to Lose Money in the Markets

A Wealth of Common Sense

There’s plenty of investment advice out there based on what one must do to be successful. You don’t see many people who take the opposite approach and talk about what you shouldn’t do. There are many ways to succeed as an investor but only a few avenues to failure. Here are some surefire ways to make poor investment decisions: 1. Pretend you’re smarter than the market.

Investors 132
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Supio Raises $25M in Series A Funding

FinSMEs

Supio, a Seattle, WA-based provider of a purpose-built AI platform for personal injury and mass tort plaintiff law firms, raised $25M in Series A funding. The round, which brought the total amount to $33M, was led by Sapphire Ventures, with participation from existing investors Bonfire Ventures and Foothill Ventures. The company intends to use the […] The post Supio Raises $25M in Series A Funding appeared first on FinSMEs.

Law Firms 113
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Ask Wealthfront: Should I Invest My Down Payment?

Wealthfront

Welcome to our Ask Wealthfront series, where we tackle your questions about personal finance and investing. Want to see your question answered here? Reach out to us on social media and we’ll try to address it in a future column. I’m saving for a house. Should I invest my down payment or keep it in […] The post Ask Wealthfront: Should I Invest My Down Payment?

Investing 105
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Coller Capital leads Abry Partners’ $1.6bn GP-led credit transaction

Private Equity Wire

Coller Capital, one of the world’s largest investors dedicated to private market secondaries, and private equity and credit firm Abry Partners, have closed a $1.6bn GP-led transaction to create a continuation vehicle for Abry Advanced Securities Fund III (ASF III). The continuation vehicle, which is designed to provide full liquidity to Abry’s existing investors and will provide new and continuing investors the opportunity to seed Abry Partners’ new private credit strategy, is the largest

Capital 97
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Veritas said to seek $13bn for new flagship fund, two years after closing $10bn predecessor

AltAssets

Tech and government investment specialist Veritas Capital is continuing to upsize its flagship fundraises at a rapid pace by reportedly eyeing up to $13bn for its newest raise. The post Veritas said to seek $13bn for new flagship fund, two years after closing $10bn predecessor appeared first on AltAssets Private Equity News.

Funds 97
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2 No-Brainer Fintech Stocks to Buy With $200 Right Now

The Motley Fool

Want to instantly add huge upside potential to your portfolio? Check out fintech stocks. These companies are like banks but with the rapid growth rates of tech start-ups. Right now, two fintech stocks, in particular, look very attractive. Follow Buffett into this quality company trading at a discount It pays to look at Warren Buffett's portfolio. For more than a decade, he's held onto one of the most successful fintech stocks in recent memory: Visa (NYSE: V).

Banks 246
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Financial Voices I Ignore

A Wealth of Common Sense

The firehose of information we’re afforded these days is a double-edged sword. There is an abundance of news, analysis, charts and opinions but it can all be overwhelming if you don’t have an effective filter in place. When it comes to finance I have some filters to help understand which types of sources and people to safely ignore. These are the types of financial voices and data I immediately ignore: Pricing.

Finance 116
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Home Run Dugout Raises $22.5M in Series A Funding

FinSMEs

Home Run Dugout, Austin, TX-based entertainment provider featuring indoor soft-toss baseball, raised $22.5M in Series A funding. The round was led by Lagniappe Capital Partners with participation from BCS Capital and from existing investors. The company intends to use the funds to expand its footprint to include new locations in San Antonio and in Scottsdale.

Funds 113
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Rentvine Raises $74M of Growth Capital from Mainsail Partners

Mainsail

Growth capital to support continued innovation of Rentvine’s property management software platform Estero, FL – August 26, 2024 – Rentvine , a property management software platform serving the long-term residential property rental market, announced it has raised $74 million in growth capital from Mainsail Partners. The investment will help enable the company to further enhance the property manager experience through ongoing product innovation and excellent customer service.

Capital 98
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NFL opens doors to private equity ownership

Private Equity Wire

The NFL has officially lifted some of its strictest ownership rules, allowing certain private equity firms, including Arctos Partners, Ares Management and Sixth Street Partners to purchase stakes in franchises, according to a report by Bloomberg. The move is widely expected to inject billions of dollars into the league and drive up team valuations even further.

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Diversified LP base helps Temasek subsidiary SeaTown seal $1.3bn for second private credit fund

AltAssets

Temasek-owned alternative investor SeaTown has raised $1.3bn for the final close of its second private credit fund, just outstripping the total raised for its predecessor fund. The firm previously collected $1.2bn for SeaTown Private Credit Fund I, which has been focused on securing performing credit opportunities in the Asia Pacific region. Never miss a story!

Funds 98
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A $14 Trillion Passive Income Investment Opportunity Is Hiding in Plain Sight (and It's Easier to Access Than You Think)

The Motley Fool

Commercial real estate is vital to everyday life. Most of us spend some time each week going to the grocery store, dining in a restaurant, or filling our cars with gas. Those routine activities require physical buildings to provide us with those goods and services. And these buildings are a potential goldmine of passive income hiding in plain sight.

Investing 246
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Chasing Star Fund Manager Performance

A Wealth of Common Sense

In December 2020 I wrote a short history of chasing the best performing funds. At the time, Cathie Wood’s ARK Innovation fund was on fire, absolutely destroying the market: Wood quickly became one of the most famous fund managers alive. She was in the headlines every day. Her stock picks and pronouncements about the future were reported by every financial media publication in the country.

Funds 116
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Viggle AI Raises $19M in Series A Funding

FinSMEs

Viggle AI, a Toronto, Canada-based startup empowering character animations through generative artificial intelligence, raised $19M in Series A funding. The round was led by Andreessen Horowitz (a16z), with participation from additional investor Two Small Fish. The company intends to use the funds to continue to scale, accelerate product development, expand its team, and solidify its position […] The post Viggle AI Raises $19M in Series A Funding appeared first on FinSMEs.

Startups 113
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Reflections on a media mentor

Top 1000 Funds

Veteran Australian journalist, publisher and entrepreneur Greg Bright died today aged 70. Among his huge contributions, he was a founder of Conexus Financial, publisher of Top1000funds.com. Amanda White reflects on two decades of collaboration with the respected journalist who gave so much to the industry.

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LS Power closes oversubscribed Fund V at $2.7bn

Private Equity Wire

LS Power Group (LS Power), an investment manager focused on the North American power and energy infrastructure sector, has closed its latest fund, LS Power Equity Partners V, with total commitments of approximately $2.7bn, exceeding its $2.5 billion target. Fund V will invest in power and energy infrastructure assets, platforms, and companies. Since its inception, LS Power has raised $60bn in debt and equity capital and developed and acquired more than 47 GW and 160 power generation projects to

Funds 96
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Amazon and Bezos fund’s influence over carbon credit market raises alarm

Financial Times: Moral Money

Experts warn of ties between Big Tech and philanthropic bodies with groups that set corporate climate standards

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Retirees Must Come to Terms With This Harsh Reality About Their 2025 COLA

The Motley Fool

Each year, many retirees are excited to find out how big a Social Security raise they're getting. This "raise" comes in the form of a cost-of-living adjustment (COLA) that usually increases benefits. Because of the COLA, seniors get a slightly bigger check starting in January of most years, compared with the amount they received before. While it may seem like it makes good sense for seniors to get excited about receiving more money, it's actually really important that retirees come to terms with

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Flash Crashes Are Getting Faster

A Wealth of Common Sense

I’m a neat freak, so occasionally, I clean out my office and re-organize. While doing so earlier this week I came across an old Life magazine a reader sent me a number of years ago. It’s from June 1962 and the stock market was the cover story: The pictures are fantastic. So was the lede of the story: The signs, like rumblings of an Alpine ice pack at the time of thaw, had been heard.

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Power to Hydrogen Raises Over $18M in Series A Funding

FinSMEs

Power to Hydrogen Inc., a Columbus, OH-based company which specializes in advanced electrolysis technologies, raised over $18M in Series A funding. The round was led by Rev1 Ventures and Worthington Enterprises, with participation from global investors, including Finindus, JERA, Asahi Kasei, American Electric Power, EDP Ventures, E.ON, ESB, FH Capital, INP Capital, and others.

Funds 116
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SoftBank discussed AI chips tie-up with Intel to rival Nvidia

Financial Times M&A

Son hopes to put Japanese group at centre of artificial intelligence boom but talks with US chipmaker failed to progress

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