A Wealth of Common Sense
MARCH 26, 2024
In March 2020, at the height of uncertainty at the outset of the pandemic, I wrote about what it took to get to the roaring 1920s. This chart sums it up nicely: Here’s what I wrote at the time: How many people at the time would have predicted during the war/pandemic/recession/depression years that the 1920s would be one of the most innovative, prosperous periods our country had ever seen?
The Motley Fool
MARCH 29, 2024
Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence (AI) to electric vehicles to cryptocurrency. Ark is extremely bullish on the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC). The firm's official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a potential upside o
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Private Equity Professional
MARCH 28, 2024
Arsenal Capital Partners and BayPine have partnered on the acquisition of Poly-Wood, a portfolio company of Mayfair Capital Partners, a division of Oxford Financial. Poly-Wood is a vertically integrated build-to-order manufacturer of recycled – from post-consumer and post-industrial sources – high-density polyethylene (HDPE) outdoor furniture and related products with more than 25,000 unique product options… This content is for members only.
The Big Picture
MARCH 28, 2024
“Our comforting conviction that the world makes sense rests on a secure foundation: Our almost unlimited ability to ignore our ignorance.” – Daniel Kahneman The loss of Danny Kahneman is a reminder that we should review some of his work and apply them to the current market. I am fascinated by the idea of Narrative Fallacy (the term was actually coined by Nassim Taleb in “ The Black Swan “) and how it applies to pretty much ewverything.
A Wealth of Common Sense
MARCH 29, 2024
I got a new credit card this week. What can I say? I’m a sucker for a good sign-up bonus and the free bags on American flights will basically pay for the annual fee. A new card always comes with a lot of paperwork. They have all sorts of numbers to run by you, along with plenty of fine print. As a personal finance junkie, I always like to thumb through this stuff.
The Motley Fool
MARCH 29, 2024
For a majority of retirees, Social Security provides an indispensable source of income. A recent update from the Center on Budget and Policy Priorities found that the guaranteed monthly payouts provided by America's top retirement program pull 22.7 million people above the federal poverty line each year, 16.5 million of which are aged 65 and over. Furthermore, 22 years of annual surveys by national pollster Gallup have shown that 80% to 90% of retirees consistently rely on their monthly Social S
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Private Equity Wire
MARCH 28, 2024
Alternative asset manager Apollo Global Management has acquired $8bn of Credit Suisse (CS) loans from UBS as the Swiss bank continues to sell off non-core assets from its takeover of CS last year, according to a report by Alternative Credit Investor. UBS entered into an agreement with former rival CS to acquire its securitised products unit in 2022, with Apollo contracted to manage that division.
A Wealth of Common Sense
MARCH 24, 2024
Last week I wrote about how the collective net worth of Americans is at a new all-time high. A reader asked a fair follow-up question: I’d be interested in seeing the concentration of that net worth though…I’m guessing it’s an inverted direction. Just because many households are richer than ever doesn’t mean all of them are.
The Motley Fool
MARCH 28, 2024
Recent data from the Census Bureau shows that Social Security kept about 29 million Americans out of poverty in 2022. That means it had a greater impact than every other anti-poverty program combined. But Social Security also plays an important role in helping Americans finance their retirement. In fact, the vast majority of retired workers depend on benefits to some degree, according to Gallup.
FinSMEs
MARCH 28, 2024
SydeLabs, a San Francisco, CA-based security and risk management startup, raised $2.5M in Seed funding. The round was led by RTP Global with participation from Picus Capital and angel investors. The company intends to use the funds to expand operations and its development efforts. Founded by Ruchir Patwa and Ankita Kumari, SydeLabs offers solutions to […] The post SydeLabs Raises $2.5M in Seed Funding appeared first on FinSMEs.
AltAssets
MARCH 28, 2024
New York-based Clarion Capital Partners is back in the market raising its fourth fund - and has already topped its predecessor vehicle's total. The post Clarion Capital Partners surpass $430m for fourth flagship fund first appeared on AltAssets Private Equity News.
A Wealth of Common Sense
MARCH 28, 2024
A reader asks: Ben always shares the long-run returns for stocks, bonds and cash. It’s essentially 10%, 5% and 3%. I know past is not predictive, blah, blah, blah but am well aware that cash has the lowest prospective returns of the main asset classes. Knowing this full well, I still want to keep 10% of my portfolio in cash in retirement so I can sleep at night.
The Motley Fool
MARCH 29, 2024
Image source: Getty Images Finding a good deal at the pump is more important than ever to many Americans as they grapple with stubborn inflation. And in California, even Costco members may feel pain at the pump. The average price of Costco gas from three California locations (Los Angeles, San Francisco, and San Diego) is about $4.45 per gallon, compared to $3.46 nationally.
FinSMEs
MARCH 26, 2024
OneNotary, a San Francisco, CA-based online, on-demand notarization provider, closed a $5M Series A funding round. The round was led by Jackson Square Ventures, with participation from DocuSign Founder Tom Gonser, as well as existing investors DocuSign Ventures, GoodPaper Ventures, Digital Future, and The LegalTech Fund. The company intends to use the funds to accelerate […] The post OneNotary Raises $5M in Series A Funding appeared first on FinSMEs.
AltAssets
MARCH 27, 2024
Belfast-based Whiterock has launched a $75m fund to address what it says is a need for equity funding in the local market. The post Whiterock launches largest locally managed equity fund for Northern Ireland first appeared on AltAssets Private Equity News.
Private Equity Wire
MARCH 26, 2024
Mayfair Capital Partners (Mayfair), the private investment division of Oxford Financial Group (Oxford) has sold outdoor furniture specialist POLYWOOD to an investor group led by Arsenal Capital Partners (Arsenal), in partnership with BayPine. Financial terms of the transaction have not been disclosed. Headquartered in Syracuse, Indiana, POLYWOOD produces high-density polyethylene (HDPE) outdoor living products including rocking and occasional chairs, benches, swings, dining sets, and deep seatin
The Motley Fool
MARCH 29, 2024
Walmart (NYSE: WMT) initially built its success on revolutionizing small-town retailing and its IT-driven supply chain. However, as its initial strategy ran its course, it became better known for paying low wages and squeezing suppliers than for offering a compelling retail experience. In recent years, a pivot into e-commerce and offerings such as digital advertising and subscription services seemed to improve Walmart's prospects and arguably made it a proxy for the S&P 500.
FinSMEs
MARCH 28, 2024
Sprocket Security, a Madison, WI-based provider of an expert-driven offensive security platform, raised $8M in Series A funding. The round was led by Blueprint Equity, with participation from Capital Midwest Fund. Blueprint Equity’s Vice President John Bonhard, will join Sprocket’s Board of Directors. The company intends to use the funds to accelerate its platform development, […] The post Sprocket Security Raises $8M in Series A Financing appeared first on FinSMEs.
AltAssets
MARCH 27, 2024
California-based Corridor Capital has eyes on a fourth flagship fund, just under four years after it closed its predecessor. The post Corridor Capital back in the market for fourth fund first appeared on AltAssets Private Equity News.
Private Equity Wire
MARCH 26, 2024
Nearly two-thirds of PE and VC firms are planning to raise funds in 2024, with the sector anticipating future interest rate cuts from central banks, according to a new survey by Acuity Knowledge Partners (Acuity) canvassing the opinions of 128 private markets firms. The figure is a big increase on the 22% of respondents who planned to raise funds in the last survey.
The Motley Fool
MARCH 29, 2024
Image source: Getty Images The wealthiest 1% of Americans have gotten a lot wealthier in the past few decades, while many other Americans struggle with higher prices for groceries and car insurance. Money is power, and the richest Americans have often manipulated the public conversation about wealth in ways that serve their best interests. Let's look at a few big myths about wealth that the top 1% want you to keep believing. 1.
FinSMEs
MARCH 29, 2024
Float Health, a San Francisco, CA-based marketplace moving care that doesn’t need a hospital to the home, raised $10m in Series A funding. The round was led by Canvas Ventures, whose General Partner Mike Ghaffary has joined Float’s board, with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital, as well as Max Mullen, Co-founder of Instacart, Andrew Bartynski, […] The post Float Raises $10M in Series A Funding appeared first on FinSMEs.
AltAssets
MARCH 27, 2024
A pair of former Golden Gate Capital veterans have soared to a $1.55bn final close for their second Percheron Capital fund - double the size of the firm's 2021 debut vehicle. The post Ex-Golden Gate pair double up by surging to $1.55bn Percheron Capital Fund II close first appeared on AltAssets Private Equity News.
Private Equity Wire
MARCH 26, 2024
Private credit involvement in deals involving fossil fuel businesses has increased significantly is recent years as managers move into a space vacated by banks concerned over the climate risks involved, according to a report by Bloomberg. The report cites data from alternative investment industry analytics company Peqin as revealing that the value of private credit deals in the oil and gas industry topped $9bn in the 24 months up to the end of 2023, up from $450m arranged in the preceding two ye
The Motley Fool
MARCH 29, 2024
The AI bull market is here. Stocks are back at all-time highs, thanks largely to a new boom in artificial intelligence (AI). The launch of ChatGPT has set off a race to be a leader in what top CEOs and major investors think will be the next transformative technology, generative AI. Nvidia , which sells the graphics processing unit (GPU) components that are the backbone of the advanced computing systems required for AI, has been the biggest winner so far.
FinSMEs
MARCH 27, 2024
Bedrock Security, a Menlo Park, CA-based data security company, raised $10M in Seed funding. The round was led by Greylock. The company intends to use the funds to expand operations and development efforts. Co-founded by Pranava Adduri and Ganesha Shanmuganathan, Bedrock Security provides a data security platform empowered by AI reasoning engine (AIR) to deliver […] The post Bedrock Security Raises $10M in Seed Funding appeared first on FinSMEs.
AltAssets
MARCH 27, 2024
Impact investor Ara Partners is targeting $500m to decarbonise the infrastructure industry with its first fund in the sector. The post Ara Partners breaks into infrastructure with $500m debut fund first appeared on AltAssets Private Equity News.
Private Equity Wire
MARCH 25, 2024
An uptick in demand for flexible working space has prompted Blackstone Inc to explore a sale of The Office Group, with the private investment firm having held informal talks with advisers over a potential £1.5bn sale of the business, according to a report by The Telegraph. The report cites unnamed city sources as revealing that Blackstone has set its sights on a Q1 2025 deal with either a stock market listing or sale seen as possible options for the business.
The Motley Fool
MARCH 29, 2024
Social Security is not on the verge of going bankrupt. You may have heard rumors to the contrary, but it's important not to buy into them. That said, Social Security isn't in the best place financially, either. In the coming years, the program expects to owe more in benefits than it collects in revenue. Social Security can tap its trust funds to keep up with its financial obligations for a period of time.
FinSMEs
MARCH 27, 2024
Hume AI, a NYC-based startup and research lab building artificial intelligence optimized for human well-being, raised $50M in Series B funding. The round was led by EQT Ventures, with participation from Union Square Ventures, Nat Friedman & Daniel Gross, Metaplanet, Northwell Holdings, Comcast Ventures, and LG Technology Ventures. The company intends to use the funds […] The post Hume AI Raises $50M in Series B Funding appeared first on FinSMEs.
AltAssets
MARCH 28, 2024
Texas-based Alternative Wealth Partners is eyeing $150m for its sophomore fund, seeking double-digit returns. The post Alternative Wealth Partners looks to triple debut fund total for sophomore raise first appeared on AltAssets Private Equity News.
Financial Times M&A
MARCH 24, 2024
Early movers profited from unloved assets, but higher interest rates and more competition mean windfalls will become harder to achieve
The Motley Fool
MARCH 29, 2024
For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas the benchmark S&P 500 has gained more than 34,000%, including dividends paid, since the Oracle of Omaha became CEO, Berkshire Hathaway's Class A shares have appreciated by more than 5,000,000%.
FinSMEs
MARCH 28, 2024
Midas, a Berlin, Germany-based provider of a asset tokenization protocol, raised $8M in funding. The round was led by Framework Ventures, BlockTower and HV Capital, with participation from Cathay Ledger, 6th Man Ventures, Hack VC, GSR, Lattice Capital, Phaedrus, Theia Blockchain, Pareto, Axelar Foundation, Peer VC, FJ Labs, and Coinbase Ventures. The company intends to use the funds […] The post Midas Raises $8.75M in Funding appeared first on FinSMEs.
Expert insights. Personalized for you.
131 
Let's personalize your content