Private Equity Info

JANUARY 23, 2024

Access untapped M&A deal flow by searching for aged private equity-backed portfolio companies that may be seeking an exit.

Deal Flow 247

Deal Flow Portfolios Companies 247

A Wealth of Common Sense

JANUARY 26, 2024

As millennials reach middle age (hand up), prepare yourself for a wave of 1990s nostalgia. Remember MTV? Remember life before smartphones and social media? Remember rap groups? Remember life before everyone was forced to care about politics? Remember Saved by the Bell? Remember going to Blockbuster on a Friday night to pick out a movie? Finance people also have an affinity for the 1990s economy.

Financing 140

Financing Finance 140

The Motley Fool

JANUARY 28, 2024

It's official: A new bull market is here. And part of the reason for that is the rise of artificial intelligence (AI). This roundtable panel of Motley Fool contributors agrees that AI stocks will lead this new bull market. But will the AI stocks that led the market out of the doldrums and toward the recent highs be the same stocks that will carry the bull market forward?

Shareholders 264

Shareholders Returns Companies Investors 264

PE Hub

JANUARY 30, 2024

Since its formation in 2020, CollisionRight’s network has expanded to more than 85 repair centers across nine states. The post Summit Partners buys auto body repair services provider CollisionRight from CenterOak appeared first on PE Hub.

246

246

Wealthfront

JANUARY 25, 2024

In planning your investment strategy for 2024 and beyond, there are wise principles to keep in mind: While no one can predict how market prices will move in any particular period, there are time-tested general rules that can put the odds of success squarely in your favor. In this letter we will offer some simple […] The post Burt Malkiel & Alex Michalka’s Insights for Investors in 2024 appeared first on Wealthfront Blog.

Investors 122

Investors Investing 122

FinSMEs

JANUARY 30, 2024

Wisedocs, a Toronto, Canada-based machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization, raised $9.5M in Series A funding. The round was led by Information Venture Partners, and by Thomson Reuters Ventures and ManchesterStory. The company intends to use the funds to expand operations and its business reach.

Funds 115

Funds Companies 115

A Wealth of Common Sense

JANUARY 12, 2024

Bernie Sanders was railing against wealth inequality again last week: The rich do control most of the financial assets in this country. The top 10% owns close to 90% of the stock market in the U.S. Most of the income gains in the past 40 years or so have gone to the wealthy. That’s not great. But the idea that two-thirds of all Americans cannot cover an emergency expense simply doesn’t hold up to the facts.

Assets 136

Assets Stock Market Stock Market Financing 136

The Motley Fool

JANUARY 7, 2024

Image source: Getty Images If you have a number of lofty goals set for 2024, you're probably in good company. Many people make personal finance resolutions at the start of a new year, and one of yours might be to replace your old clunker of a car with a newer model. It's easy to see why you'd want to upgrade your car, especially if you drive often. But here's why you may want to avoid buying a car this year.

Financing 278

Financing Finance Accounting Funds 278

Blackstone News

JANUARY 11, 2024

Ken Caplan & Lionel Assant Promoted to Co-Chief Investment Officers of Blackstone Nadeem Meghji Promoted to Global Co-Head of Blackstone Real Estate NEW YORK – January 11, 2024 – Blackstone (NYSE: BX) announced today that Ken Caplan, current Global Co-Head of Real Estate, and Lionel Assant, European Head of Private Equity, have been elevated to newly created roles as Global Co-Chief Investment Officers (CIOs) of Blackstone.

Investing 115

Investing Asset Management Assets Debt 115

The Big Picture

JANUARY 12, 2024

 This week, we speak with Cathy Marcus , co-chief executive officer and global chief operating officer of PGIM Real Estate , which manages over $200 billion in assets. As co-CEO, Marcus develops and leads the company’s global strategy; as global COO, she is responsible for overseeing business and investment operations globally. She is also co-chair of the board of directors of RealAssetX , PGIM Real Estate’s innovation lab aimed at accelerating advancement in the real assets industry.

Venture Capital 114

Venture Capital Startups Asset Management Prospects 114

FinSMEs

JANUARY 31, 2024

Dubai, UAE, January 31st, 2024, FinanceWire The Internet 2.0 Conference will be back in 2024, providing leaders with a legitimate platform in Dubai and Las Vegas to envision the future of technology. The highly anticipated Internet 2.0 Conference is returning with its 2024 Edition, promising to be a cornerstone event for tech enthusiasts and professionals […] The post Internet 2.0 Conference’s 2024 Edition Brings Game-Changing Discussions appeared first on FinSMEs.

Returns 113

Returns 113

Private Equity Wire

JANUARY 18, 2024

Goldman Sachs has surpassed its fundraising target for alternative investments by over $25bn and, with a year to spare, raising over $251bn since year-end 2019 versus a target of $225bn, according to the company’s latest earnings release. Goldman Sachs now has over $450bn in alternatives assets, with scaled offerings across private credit, private equity, infrastructure, real estate, sustainable investing, secondaries, GP stakes and third-party manager selection.

Stakes 121

Stakes Assets Funds Portfolios 121

A Wealth of Common Sense

JANUARY 2, 2024

2023 was a good year for the stock market. Bad years in the stock market are typically followed by good years (but not always): The obvious follow-up here is: What happens after good years? Or how often do we see good years followed by good years? There are, of course, bad years that follow good years, just like there are good years that follow bad years.

Stock Market 131

Stock Market Stock Market 131

The Motley Fool

JANUARY 30, 2024

Image source: Getty Images When you own a car, auto insurance is an inevitable expense that comes with it. Ascent research finds that U.S. drivers pay $3,017 per year, on average, to maintain auto insurance. But the premium you pay will hinge on a variety of factors, including: Your driving history The make, model, and condition of your car at the time you buy it Your location Another factor that might influence your car insurance costs is the extent to which you use your car.

Companies 264

Companies 264

Axial

JANUARY 30, 2024

Axial is excited to release our 2023 Lower Middle Market Investment Banking League Tables. To assemble this list, we reviewed the 2023 deal-making activities of 807 investment banks and advisory firms that met the qualifications to be considered for league tables. In 2023, the sell-side membership brought 9,957 deals to market via the Axial platform.

Investment Banking 105

Investment Banking Investment Banks Mergers and Acquisitions Banks 105

AltAssets

JANUARY 11, 2024

Oslo-based venture capital firm Sandwater has hit double its fundraising target to reach a NOK1.4bn ($135m) final close for its inaugural fund. The post Norwegian VC firm Sandwater just raised double its target for its inaugural impact fund first appeared on AltAssets Private Equity News.

Venture Capital 108

Venture Capital Funds Capital 108

FinSMEs

JANUARY 30, 2024

Roofer.com, a Dallas, TX-based technology company in the roofing industry, raised $7.5M in Seed funding. The round was led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several angels such as the Founder and CEO of Mercury and the Founder and […] The post Roofer.com Raises $7.5M in Seed Funding appeared first on FinSMEs.

Funds 113

Funds Capital Companies 113

Private Equity Wire

JANUARY 3, 2024

KKR & Co has closed its previously-announced acquisition of the remaining 37% of Global Atlantic, increasing its ownership of the insurance company, which caters for both individual and institutional clients, to 100% in the process. KKR has acted as Global Atlantic’s asset manager since acquiring a majority stake in the business in 2021. Global Atlantic will continue to be led by its management team and operate under the Global Atlantic brand.

Asset Management 113

Asset Management Stakes Assets Companies 113

A Wealth of Common Sense

JANUARY 18, 2024

A reader asks: Ben, I love reading your work. Stocks, bonds, and cash are the categories to compare but it hit me as a “boomer” retired, what about home ownership as a comparison? Stay warm! This question was in response to my recent piece on the historical returns for stocks, bonds and cash: There are typically a fair number of requests for other asset classes whenever I post this kind of data.

Returns 127

Returns Assets 127

The Motley Fool

JANUARY 29, 2024

It's been more than eight months since Walt Disney (NYSE: DIS) last traded in the triple digits, but momentum is finally on its side. The stock that has lost to the S&P 500 (SNPINDEX: ^GSPC) for three consecutive years has more than doubled the market's return in January with a 6% return heading into this week. This could be the time for the entertainment giant to end its run of trading exclusively in the double digits since early May of last year.

Shareholders 264

Shareholders Returns Investors Portfolios 264

Axial

JANUARY 25, 2024

Last quarter, we surveyed the Axial Investment Bank membership on the topic of exit preparation. We previously covered valuation expectations and the contributing factors that lead to buyer and seller misalignment. Today, we are diving deeper and sharing insights on the valuation outlook for 2024. We are grateful to all the Investment Bankers who contributed to the survey and provided useful color for this series on exit preparation.

Mergers and Acquisitions 105

Mergers and Acquisitions Investing Investment Banking Investment Banks 105

Financial Times M&A

JANUARY 16, 2024

Buyers return after secondary market for private shares was hit by higher interest rates

Stakes 143

Stakes Investors Returns 143

FinSMEs

JANUARY 29, 2024

Wondercraft, a London, UK-based AI audio content company, raised $3M in Seed funding. The round was led by Will Ventures and backed by Y Combinator, ElevenLabs, Steven Bartlett and other Angels. The company intends to use the funds to further build out the capabilities of the platform and expand the features available to its users. Founded by Dimitris Nikolaou and Youssef […] The post Wondercraft Raises $3M in Seed Funding appeared first on FinSMEs.

Funds 113

Funds Companies 113

Financial Times: Moral Money

JANUARY 9, 2024

Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings

Asset Management 138

Asset Management Assets Investing 138

A Wealth of Common Sense

JANUARY 14, 2024

Bonds have had a rough go at it these past few years. 2021 was a down year. 2022 was the worst year in history for bonds. 2023 was better although rates were so volatile that the ride certainty wasn’t much fun to be on. In the 10 years ending 2023, 10 year Treasury bonds had an annual return of just 1.5%. The annual inflation rate over that same time frame was 2.8%, meaning you lost money on a real basis in the benc.

Returns 125

Returns 125

The Motley Fool

JANUARY 28, 2024

There's been a technological shift in the major market indexes over the past two decades. For example, in 2004, General Electric and ExxonMobil reined supreme in terms of market capitalization, clocking in at $319 billion and $283 billion, respectively. Now, just 20 years later, a review of the chart toppers helps illustrate the changing of the guard.

Stakes 264

Stakes Returns Stock Market Stock Market 264

The Big Picture

JANUARY 4, 2024

Source: Visual Capitalist The post 60 Years of Stock Market Cycles appeared first on The Big Picture.

Stock Market 114

Stock Market Stock Market 114

SEI

JANUARY 9, 2024

SEI and the Philadelphia Phillies invite local mural artists to create a work of art that celebrates Philadelphia.

Banks 105

Banks 105

FinSMEs

JANUARY 23, 2024

Norm Ai, a NYC-based company working for regulatory compliance with AI agents, raised $11.1M in Seed funding. The round was led by Coatue, with participation from Haystack Ventures, M13 Ventures, Basis Set Ventures, Expa Ventures, and Atypical Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO […] The post Norm Ai Raises $11.1M in Seed Funding appeared first on FinSMEs.

Funds 113

Funds Companies 113

Financial Times: Moral Money

JANUARY 25, 2024

Tools provided by a government-funded project will allow the group to put pressure on brand partners and supply chain to reduce carbon emissions

Funds 113

Funds 113

A Wealth of Common Sense

JANUARY 30, 2024

Some money stuff I’ve been thinking about lately: 1. Freedom is overrated as a financial goal. There are plenty of billionaires who can do whatever they want, whenever they want and spend as much money as they want. Many of these people still seem miserable or don’t take advantage of their perceived freedom. Financial contentment is a better goal than financial freedom. 2. ‘Money can’t buy happines.

Financing 121

Financing Finance 121

The Motley Fool

JANUARY 28, 2024

Not every stock rose last year. Consider these four -- Nike (NYSE: NKE) , MarketAxess (NASDAQ: MKTX) , Paycom Software (NYSE: PAYC) , and The Hershey Company (NYSE: HSY) -- which fell between 10% and 42% in 2023. That stands in stark contrast to the S&P 500 index's 23% rise. Despite these worrying drops, nothing changed dramatically for the worse regarding any of the four dividend growers' operations.

Initial Public Offering 264

Initial Public Offering Returns Capital Shareholders 264

Financial Times M&A

JANUARY 13, 2024

Asset management chief Marc Nachmann warns firms can no longer rely on leverage and cheap money to fuel returns

Returns 109

Returns Asset Management Leveraging Assets 109

Financial Times - Banking

JANUARY 16, 2024

Quarterly earnings climbed 51% with better than expected performance from asset and wealth management unit

Assets 111

Assets 111