Private Equity Info

APRIL 3, 2024

Private Equity Info founder and managing partner Andy Jones recently joined Cornerstone International Alliance managing director Nick Olsen on his podcast, The M&A Mastermind. The conversation provides valuable insights for sell-side M&A professionals, with advice for nurturing relationships to increase referral activity, and avoiding the temptation to accept lower-quality deals when business is slow.

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Investment Banking Investment Banks Banks Investing 207

The Motley Fool

APRIL 5, 2024

Tesla (NASDAQ: TSLA) was the world's largest electric vehicle (EV) company as measured by sales up until the final quarter of 2023. That's when China-based BYD snatched the title away. And growing competition is just the latest challenge the company faces. Tesla stock trades down 33% in 2024 already, but it has been sliding since late 2021 and now sits 59% below its all-time high.

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Private Equity Professional

APRIL 2, 2024

Vance Street Capital has acquired Keltec Technolab, a provider of aftermarket filtration components. The buy of the company is Vance Street’s seventh platform investment out of its third fund, Vance Street Capital III LP. Keltec designs and manufactures more than 12,000 SKUs of filtration products including air/oil separators, air filters, oil filters, exhaust mufflers, coalescing… This content is for members only.

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A Wealth of Common Sense

APRIL 2, 2024

Millennials around my age group graduated into the teeth of the Great Financial Crisis. The labor market stunk and not just for a short while. The unemployment rate in America averaged nearly 7% from 2006 through the end of 2015: It was hard for young people to find work. And if you did find a job it probably wasn’t something you actually wanted to do.

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FinSMEs

APRIL 4, 2024

Völur, an Oslo, Norway-based global software company that develops AI technology to optimize the meat industry and make it more sustainable, raised $2.85M in funding. Backers included Serra Ventures, York IE, Saria, and existing investors Idékapital, Fusion Fund, and Fortress Fund. The company intends to use the funds to expand operations and its business reach.

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The Motley Fool

APRIL 5, 2024

There's no dimmer switch on Cathie Wood. The Ark Invest co-founder and CEO is either fully illuminated or left in the dark. The same widely followed growth investor who trounced the market in 2020 and 2023 faltered badly in 2021 and 2022. She's also off to a challenging start here in 2024. She's not standing still. Ark bought shares of Roblox (NYSE: RBLX) , Roku (NASDAQ: ROKU) , and SoFi Technologies (NASDAQ: SOFI) on Thursday, adding to her existing positions.

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A Wealth of Common Sense

MARCH 31, 2024

I’m really late on this one, but I finally got around to reading Andre Agassi’s autobiography.1 He writes about what it was like to finally win his first Grand Slam tournament at Wimbledon. Everyone’s perception of Agassi changed from choke artist to the real deal. Winning, however, didn’t change how he felt about himself: But I don’t feel that Wimbledon has changed me.

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FinSMEs

APRIL 2, 2024

Tonic App, a Porto, Portugal-based digital health startup, raised €10.85m in Series A funding. The round was co-led by BlueCrow Capital and Iberis Capital with participation from Vesalius Biocapital III, Armilar Venture Partners, Portugal Ventures, Shilling VC, and FSNB Health & Care. The company intends to use the funds to expand operations and its business […] The post Tonic App Raises €10.85 M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

APRIL 5, 2024

Amazon 's (NASDAQ: AMZN) stock has risen nearly 80% over the past 12 months. The e-commerce and cloud leader grappled with a post-pandemic slowdown and tough macro headwinds in 2022, but its core businesses have been stabilizing. Amazon still remains a few dollars below its record high of $186.12 set on July 8, 2021. But could it rally even more and set new all-time highs over the next 12 months?

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AltAssets

APRIL 5, 2024

Tiger Global Management has raked in $2.2bn at the final close of its latest venture capital fund, making it the firm’s smallest fundraise in a decade. The post Tiger Global falls short of $6bn target with latest VC fund first appeared on AltAssets Private Equity News.

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Private Equity Wire

APRIL 4, 2024

Alternative asset manager Blue Owl Capital is to acquire Kuvare Insurance Services (KAM), a boutique investment management firm focused on providing asset management services to the insurance industry, in addition to Kuvare UK Holdings (Kuvare) for $750m. Blue Owl will fund the KAM acquisition through a combination of $325m in cash and $425m in Blue Owl Class A common stock.

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FinSMEs

APRIL 1, 2024

Selux Diagnostics, Inc., a Boston, MA-based biotech startup whose mission is to combat superbug infections and fight antimicrobial resistance (AMR), raised an additional $48 in funding. The round was led by RA Capital Management with participation from Northpond Ventures, Sands Capital, and Schooner Capital. The company intends to use the funds to launch the next […] The post Selux Diagnostics Raises Additional $48M in Funding appeared first on FinSMEs.

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The Motley Fool

APRIL 5, 2024

An effort by Caterpillar (NYSE: CAT) to help the railroad industry stem its emissions got a boost Friday, and its stock price is going along for the ride. Shares of the heavy equipment manufacturer were up by 3% as of 2 p.m. ET after Canadian National Railway (NYSE: CNI) announced the purchase of its first hybrid mainline locomotive. Charging into a new market Caterpillar is best known for its massive construction and mining machines, but for nearly a decade, it has also owned Progress Rail Serv

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AltAssets

APRIL 4, 2024

Glouston Capital Partners over halfway to $450m secondaries fund target The post Glouston Capital Partners nears $450m secondaries fund target first appeared on AltAssets Private Equity News.

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Private Equity Wire

APRIL 5, 2024

New York-based PE firm SK Capital Partners, which invests across the specialty materials, ingredients and life sciences industries, has closed SK Capital Partners VI (Fund VI), the latest vintage of its flagship private investment strategy, with $2.95bn in total capital commitments. In a press statement, Barry Siadat, Co-Founder and Managing Director at SK Capital Partners, said: “SK Capital has one of the largest and longest-standing teams dedicated to the sectors in which we invest. “To

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FinSMEs

APRIL 4, 2024

Aerospike, a Mountain View, CA-based provider of real-time vector and graph databases, raised $109M in growth funding. Backers included Sumeru Equity Partners with additional investment from existing investor Alsop Louie Partners. George Kadifa, Sumeru Co-Founder and Managing Director, will also join Aerospike’s board as part of the transaction.

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The Motley Fool

APRIL 5, 2024

One of the most disappointing international stocks over the past five years undoubtedly has been Chinese e-commerce, logistics, and technology infrastructure company Alibaba (NYSE: BABA). While the S&P 500 has risen over 80% over that time, Alibaba stock is down nearly 60%. Over that period, Alibaba has been able to grow both revenue and earnings.

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AltAssets

APRIL 3, 2024

Blackrock and KKR have sold a 40% stake in ADNOC Oil Pipelines to Abu Dhabi government-backed investor Lunate. The sale of the onshore and offshore midstream crude oil pipeline infrastructure asset was made through Lunate’s Long Term Capital Fund, which aims to provide investors with attractive cash yields and long-term capital appreciation. The acquisition was […] The post Deal Roundup: Blackrock, KKR sell oil pipeline, Arjun makes UK co-investment first appeared on AltAssets Private Equi

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Top 1000 Funds

MARCH 31, 2024

Politicisation at US public pension funds has taken a turn for the worse after a new law threatens to put politicians in charge of the Public Employees’ Retirement System of Mississippi.

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FinSMEs

APRIL 4, 2024

Ellipsis Labs, a NYC-based company that develops the on-chain Phoenix exchange, raised $20m in Series A funding. The round was led by Paradigm with participation from Electric Capital. The company intends to use the funds to accelerate its efforts to build its DeFi products. Co-founded by Eugene Chen and Jarry Xiao, Ellipsis Labs aims to create […] The post Ellipsis Labs Raises $20M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

APRIL 5, 2024

The cryptocurrency market is soaring. It's now valued at close to $2.6 trillion. This is a huge gain from the start of 2023. The bullish sentiment has lifted Bitcoin to near all-time highs. Not all cryptocurrencies are benefiting as much. Ripple (CRYPTO: XRP) currently sits 85% below its peak price, which was set in January 2018. But at a market cap of $32 billion, this remains on the radar of digital asset investors hoping for things to turn around.

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AltAssets

APRIL 5, 2024

Hildred Capital rakes in $750m continuation fund with unique rollover structure The post Hildred Capital rakes in $750m continuation fund through unique rollover structure first appeared on AltAssets Private Equity News.

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Private Equity Wire

APRIL 5, 2024

US institutional investors are offloading their private equity holdings at slashed prices, reflecting a broader trend of reducing exposure to the illiquid asset class, with pension funds and endowments leading the charge, according to a report by the Financial Times. Last year, 99% of these holdings were sold either at or below their net asset value on the secondary market, marking the highest percentage since investment bank Jefferies began tracking this data in 2017.

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FinSMEs

APRIL 4, 2024

Manifold, a Newton, MA-based provider of an AI-powered clinical research platform, raised $15M in Series A funding. The round was led by TQ Ventures, with participation from new investors Calibrate Ventures and SK Ventures, Dr. Sachin H. Jain, and existing investors including TTCER Partners. Additional investors and advisors included Dr. Gaurav Singal, former Chief Data Officer, Foundation […] The post Manifold Raises $15M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

APRIL 5, 2024

As Bernstein analyst Toni Sacconaghi wrote in a note to investors on Tuesday, Tesla 's (NASDAQ: TSLA) first-quarter deliveries were "brutal." Deliveries fell about 9% year over year and 20% sequentially. These poor results likely have many investors reevaluating their investment theses on the stock. While some may excuse this lull in Tesla's sales in anticipation of a potential reacceleration in the electric-car company 's vehicle-delivery trends in future quarters, others may conclude it's a re

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Banks Financing Finance Returns 246

AltAssets

APRIL 2, 2024

CF Private Equity, an affiliate of US investment firm Commonfund, has surpassed a $750m target to collect $1.1bn for its fourth secondaries fund. The post CF Private Equity blows past target to clinch over $1bn for secondaries first appeared on AltAssets Private Equity News.

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Private Equity Wire

APRIL 4, 2024

Brera Partners, a private equity firm specialising in investments in the asset light financial services sector, has acquired 70% of the shares in Italian insurance broker GBSAPRI Group. Financial details of the transaction have not been disclosed. Headquartered in Rome with nine offices across Italy, GBSAPRI Group was established in 1951 to service SMEs, corporates and the public sector.

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FinSMEs

APRIL 3, 2024

CareerArc, a Burbank, CA-based provider of social recruiting software and services, acquired Lumina, a Portland, OR-based provider of a SaaS platform for generating visual job postings at scale. The amount of the deal was not disclosed. The acquisition enables CareerArc to take a major step towards providing automated video creation capabilities to its clients.

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The Motley Fool

APRIL 5, 2024

A Roth IRA's biggest appeal is the tax-free withdrawals it promises in retirement. It could save you a fortune compared to deferring taxes if you expect your income to remain roughly the same or rise after leaving the workforce. But some don't realize that tax-free withdrawals aren't a guarantee. In some situations, you could owe taxes on your Roth IRA funds if you're not careful.

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AltAssets

APRIL 2, 2024

New York-based Grafine Partners has exceeded a $500m target to secure $600m for its maiden fund targeting PE managers. The post Grafine Partners raises $600m fund to “shake up traditional PE model” first appeared on AltAssets Private Equity News.

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XY Planning Network

APRIL 1, 2024

We're excited to share another member story from our "How I Did It" series. Deciding to take the leap to start your own financial planning firm can be very scary. And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I manage compliance?

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FinSMEs

APRIL 4, 2024

Biolinq, a San Diego, CA-based healthcare technology company, raised $58M in funding. The round was led by Alpha Wave Ventures, with participation from Niterra’s corporate venture capital fund jointly operated with Pegasus Tech Ventures and existing investors RiverVest Venture Partners, AXA IM Alts, Global Health Investment Corporation, Aphelion Capital, Senvest Management, Features Capital and Taisho […] The post Biolinq Raises $58M in Funding appeared first on FinSMEs.

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The Motley Fool

APRIL 5, 2024

It's easy to hate on Icahn Enterprises (NASDAQ: IEP) stock these days. Over the past 12 months, shares have lost more than two-thirds of their value. Some investors believe a turnaround is just around the corner. Others believe the stock should be left for dead. Is Icahn Enterprises a buy, sell, or hold right now? Don't expect many dividends The first thing many investors notice about Icahn Enterprises stock is its 30% dividend yield.

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Stakes Assets Portfolios Returns 246

AltAssets

APRIL 4, 2024

Clarion Capital Partners has wrapped up its fourth flagship fund at $667m alongside the promotion of David Ragins to private equity head. The post Clarion Capital names new PE head as it closes on nearly $670m first appeared on AltAssets Private Equity News.

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