A Wealth of Common Sense
MAY 19, 2024
Four charts about the economy you might find surprising: 1. Wages are cumulative too. The Congressional Budget Office released new research comparing inflation on a basket of goods and services households at different income levels consume between now and 2019 along with changes in wages. Here’s the chart: And the explanation: For households in every quintile (or fifth) of the income distribution, the share of inc.
The Motley Fool
MAY 24, 2024
Lucid (NASDAQ: LCID) has received much attention with its luxury electric vehicles (EVs), which boast a driving range well above its competitors. The EV maker made its public stock debut three years ago and sought to challenge Tesla with its upscale offerings. It has taken Lucid time to ramp up production of its EVs, and the company had to raise capital to ensure it has enough funding to keep things going.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
FinSMEs
MAY 22, 2024
Coactive Systems, a San Jose, CA-based AI powered platform to make image and video data useful, raised $30m in Series B funding at a $200m valuation. The round was co-led by Emerson Collective andCherryrock Capital, with participation from Bessemer Venture Partners, Greycroft, and previous investor Andreessen Horowitz. The company intends to use the funds to expand operations, development efforts, and its […] The post Coactive Systems Raises $30M in Series B Funding appeared first on Fin
Investment Writing
MAY 21, 2024
Many investment and financial advisors have older clients who struggle with decluttering as they prepare to downsize. I picked up some useful ideas from a session presented by Matt Paxton, the host of the PBS program Legacy List and the author of a book that had the same title as his presentation, Keep the Memories, Lose the Stuff: Declutter, Downsize, and Move Forward with Your Life.
A Wealth of Common Sense
MAY 23, 2024
A reader asks: Do you guys really think foreign investsments and private equity really aren’t driving up housing prices? It really seems like it is. I understand the sentiment here. The housing market is broken right now for a lot of people. The blame is simply misplaced here. It’s not Blackrock or Blackstone or any other institutional investor who is causing the lack of supply in the housing market.
The Motley Fool
MAY 24, 2024
Image source: Getty Images International travel is a must-have life experience for millions of Americans. Whether you're visiting another country for the first time or you're a veteran globetrotter, it feels good to get your passport stamped in a new place. But which airline should you choose for your next international trip? Let's look at a few popular U.S. airlines to see which ones fly to the most countries.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Pension Pulse
MAY 24, 2024
Andrew Coyne laments in his latest opinion piece that eighteen years and $46-billion later, the CPP admits it could have earned more just by buying index funds: The Canada Pension Plan Fund had a bad year last year. You’d never know it to read the latest annual report from the fund’s managers, the CPP Investment Board, which spends much of its nearly 80,000 words boasting how, thanks to the herculean efforts of its employees and the sophisticated investment stratagems of its managers, it eked ou
A Wealth of Common Sense
MAY 21, 2024
Here’s a take from Dave Portnoy: A lot of people share these views. It’s the kind of thing that gets people riled up. The market is rigged! It’s one giant casino where the house always wins! That narrative tends to accompany stories like this: Investors who jumped into the latest online frenzy over shares of the struggling video game retailer lost $13.1 billion in just three days from the mania’s.
The Motley Fool
MAY 24, 2024
Shares of vaccine stocks Moderna (NASDAQ: MRNA) , Novavax (NASDAQ: NVAX) , and BioNTech SE (NASDAQ: BNTX) rallied this week, appreciating 23.4%, 16.4%, and 9.3%, respectively, through Thursday trading, according to data from S&P Global Market Intelligence. While these three stocks gained notoriety back in 2020 during the COVID-19 pandemic, it appears this week's detection of avian bird flu in a second U.S. citizen and the first-ever detection of avian flu in a human in Australia are spurring
FinSMEs
MAY 23, 2024
Userfront, a San Jose, CA-based auth and identity platform for SaaS companies, raised $5.3M in Seed funding. The round was led by Heavybit. The company intends to use the funds to expand operations and its business reach. Led by CEO Tyler Warnock, Userfront provides an auth and identity platform that offers digital businesses a pathway […] The post Userfront Raises $5.3M in Seed Funding appeared first on FinSMEs.
Private Equity Wire
MAY 23, 2024
Nikhil Rathi, chief executive of the Financial Conduct Authority, has urged private equity firms to provide more information or face stricter regulatory measures, according to a report by City AM. At the Association of Corporate Treasurers, Rathi said that the valuations of private firms have been “under pressure” over the past year, emphasising the need for buyout houses to cooperate with the regulator to avoid stricter action.
A Wealth of Common Sense
MAY 24, 2024
Here are some facts and figures about the S&P 500: According to Global Financial Data, the S&P only contained 90 stocks when it was created in 1928. It became the S&P 500 in 1957. At the time, the index was comprised of 425 industrial stocks, 60 utilities and 15 railroads. Financials and transportation stocks weren’t added until 1976.
The Motley Fool
MAY 24, 2024
Image source: Getty Images Savings accounts are paying some of the highest interest rates in years, with some banks paying more than 5%. After sitting on the sidelines for far too long, I'm in the process of opening a high-yield savings account to take advantage of generous annual percentage yields (APYs). I'll put about $5,000 into the new account, which should earn me about $255 over the next year.
FinSMEs
MAY 23, 2024
Fiberwood, a Järvenpää, Finland-based materials technology startup, raised €7.7M in Growth funding. Backers included Metsä Spring and Stephen Industries, together with public financiers. The company intends to use the funds to expand operations and its development efforts to prepare to enter a commercial phase with the aim of international growth. With the additional funding now […] The post Fiberwood Raises €7.7M in Growth Funding appeared first on FinSMEs.
Top 1000 Funds
MAY 23, 2024
The A$175 billion Aware Super’s CIO Damian Graham said its venture capital investment in tech unicorn Canva has been good value for money but "pretty unusual" in the scheme of things. He reflects on the asset class and the broader pension investing purpose.
Private Equity Wire
MAY 24, 2024
New York-based banking giant JPMorgan Chase & Co is actively seeking to acquire a private credit firm to strengthen its private capital operations within its $3.6tn asset management division, according to a report by Bloomberg. Earlier this year, JPMorgan engaged in talks to purchase Chicago-based Monroe Capital, but the negotiations did not result in a deal, according to Bloomberg’s sources.
The Motley Fool
MAY 24, 2024
It should come as no surprise that Jensen Huang is the largest individual shareholder of Nvidia (NASDAQ: NVDA). He co-founded the company with friends back in 1993 and currently serves as its president and CEO. Huang's total stake in Nvidia currently stands at 86,827,600 shares, worth a cool $82.8 billion as of this writing. But who owns the second most shares?
FinSMEs
MAY 21, 2024
LabGenius, a London, UK-based drug discovery company, raised £35M in Series B funding. The round was led by M Ventures (the strategic, corporate venture capital arm of science and technology company Merck), with participation from additional new investors Octopus Ventures and LG Corp, together with existing investors including Atomico, Kindred Capital, Lux Capital and Obvious […] The post LabGenius Raises £35M in Series B Funding appeared first on FinSMEs.
Financial Times M&A
MAY 20, 2024
More clarity is needed from government on which companies should be protected
Private Equity Wire
MAY 24, 2024
London-based private equity giant Hg has agreed to acquire AuditBoard, a cloud-based platform for audit, risk, compliance and ESG management, in a transaction valued at over $3bn including debt. The acquisition is being led by Hg’s San Francisco-based office, which opened in 2022. AuditBoard was founded in 2014 and serves more than 2,000 enterprises, including nearly 50% of the Fortune 500, according to a press statement.
The Motley Fool
MAY 24, 2024
There's no denying that investing in Nvidia (NASDAQ: NVDA) stock has been a boon to long-term shareholders. The stock has gained nearly 23,000% since 2014, and its growth has recently accelerated. Shares are up 112% so far this year (as of this writing), nearly 10 times the gains of the S&P 500 , adding to its relentless run. Several catalysts have conspired to send the stock higher over the past decade.
FinSMEs
MAY 21, 2024
H, a Paris, France-based global foundation model and agentic AI company, raised $220M in Seed funding. Backers included Accel, UiPath Inc., Bpifrance, through its Large Venture fund, Eric Schmidt, Xavier Niel, Amazon, FirstMark, Elaia Partners, Eurazeo, Yuri Milner, Bernard Arnault’s Aglaé Ventures, Creandum, Motier Ventures, Samsung, and Visionaries Club among others.
Financial Times: Moral Money
MAY 23, 2024
Why is the consumer goods group backpedalling on responsible-business targets?
Private Equity Wire
MAY 24, 2024
Australian alternative asset manager HMC Capital has entered the private credit sector with an AUD127.5m acquisition of Melbourne-based real estate fund manager Payton Capital, according to a report by the Australian Financial Review. The deal, a combination of cash and stock, will be financed through a AUD100m institutional investor raise and a AUD30m share purchase plan, offering shares at $6.50 each.
The Motley Fool
MAY 24, 2024
Image source: Upsplash/The Motley Fool Many travelers use digital tools to save money on airfare. Google Flights is a popular tool for comparing airfare prices across multiple carriers. Until recently, Southwest flight data was excluded in pricing search results. But Southwest flight prices will now be displayed on Google Flights. This update could help you save money when booking flights for your next trip.
FinSMEs
MAY 19, 2024
Johnson & Johnson (NYSE: JNJ) entered into a definitive agreement to acquire Proteologix, Inc., a Redwood City, California-based biotechnology company focused on bispecific antibodies for immune-mediated diseases, for $850M in cash, with potential for an additional milestone payment. The transaction is expected to close mid-year 2024, subject to antitrust clearance and other customary closing conditions. […] The post Johnson & Johnson to Acquire Proteologix appeared first on FinSM
The Big Picture
MAY 19, 2024
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • How the ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives : IM Academy promises a Wall Street education. But instead of riches, many of its members have lost everything. ( Businessweek ) • New Florida Law Roils Its Condo Market Three Years After Surfside Collapse : More units are being dumped on the market because of six-figure special assessments tied to repairs for older buildings. ( Wall St
Private Equity Wire
MAY 23, 2024
Paris-based private equity firm Jeito Capital will sell its portfolio company HI-Bio, a clinical-stage biotech company focused on immune-mediated diseases, to Biogen for $1.15bn. The deal includes up to $650m in potential payments contingent on milestones being reached, Jeito said. According to a press statement, HI-Bio currently has several late-stage clinical development programmes for felzartamab, which aim to treat four IMDs: antibody-mediated rejection, IgA nephropathy, lupus nephritis a
The Motley Fool
MAY 24, 2024
The median retirement savings for American households has increased over the years, reaching $87,000 in 2022. However, that's still nowhere near the $1.46 million that Americans believe they need to retire comfortably, according to a Northwestern Mutual survey. If you want to beef up your retirement savings, there's one move you can make now that your future self will thank you for.
FinSMEs
MAY 20, 2024
Overland AI, a Seattle, WA-based company which specializes in off-road ground vehicle autonomy for the defense sector, raised $10M in Seed funding. The round was led by Point72 Ventures with participation from Shasta Ventures, Ascend VC, Pioneer Square Labs, Voyager Capital, and Cubit Capital. The company intends to use the funds to expand operations and development […] The post Overland AI Raises $10M in Seed Funding appeared first on FinSMEs.
The Big Picture
MAY 23, 2024
Nothing truly occurs in a vacuum. All events have preceding factors, with many prior elements bubbling below the surface, most of which you didn’t even know existed. Unintended consequences of this action here will result in over there. If the flapping of a Butterfly’s wings can be felt halfway around the world, imagine the impact of the largest central bank intervention and emergency government fiscal program in the modern era.
Private Equity Wire
MAY 23, 2024
The Australian Retirement Trust, a pension fund valued at AUD260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. In an interview with Bloomberg, Andrew Fisher, Head of Investment Strategy at ART, Australia’s second-largest pension fund, said that it aimed to raise its position from just under 1.5% to 2.5% within the next six to twelve months, though he did not specify the target value of the exposure.
The Motley Fool
MAY 24, 2024
A few months ago, cybersecurity giant Palo Alto Networks (NASDAQ: PANW) said it was observing a tenfold increase in email-based phishing attacks compared to last year. The reason? Generative artificial intelligence (AI) has accelerated the rate at which malicious actors can craft realistic content to trick employees into handing over sensitive information.
FinSMEs
MAY 21, 2024
Haz, a London, UK-based startup providing an AI social commerce app, raised $1.4M in Pre-Seed funding. The round was led by Speedinvest with participation from the scout programmes of A16Z, Atomico and Concept Ventures, along with angels from Lapse, Lendable, Lottie & Ecoigo. The company intends to use the funds to further develop and train […] The post Haz Raises $1.4M in Pre-Seed Funding appeared first on FinSMEs.
Expert insights. Personalized for you.
127 
Let's personalize your content