The Motley Fool

AUGUST 22, 2024

Recently filed Forms 13F show that two high-profile hedge fund managers sold shares of Nvidia during the second quarter while reallocating capital to the iShares Bitcoin Trust (NASDAQ: IBIT) , an exchange-traded fund (ETF) that tracks Bitcoin (CRYPTO: BTC). David Shaw at D.E. Shaw sold 12.1 million shares of Nvidia, trimming his position by 52%. Meanwhile, he bought 2.4 million shares of the iShares Bitcoin Trust, increasing his position by 1,658%.

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Securities and Exchange Commission (SEC) Hedge Funds Funds Exchange-Traded Funds 246

A Wealth of Common Sense

AUGUST 18, 2024

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.

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Finance Financing 141

FinSMEs

AUGUST 22, 2024

Trace Machina, a San Francisco, CA-based company building simulation infrastructure for safety-critical technologies in physical-world AI, raised $4.7M in Seed funding. The round was led by Wellington Management with participation from Samsung Next, Sequoia Capital Scout Fund, Green Bay Ventures, and Verissimo Ventures. Angel investors included Clem Delangue, CEO of Hugging Face; Mitch Wainer, Co-Founder […] The post Trace Machina Closes $4.7M Seed Funding appeared first on FinSMEs.

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AltAssets

AUGUST 21, 2024

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.

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Funds Investing Buyout 115

The Motley Fool

AUGUST 23, 2024

On Wall Street, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is truly in a class of his own. Without using fancy software or trading algorithms, the Oracle of Omaha has, over nearly six decades, nearly doubled up the annualized total return, including dividends paid, of the benchmark S&P 500. On an aggregate return basis, we're talking about Berkshire's Class A shares (BRK.A) increasing in value by roughly 5,387,100% under Buffett's watch.

Portfolios 246

Portfolios Investing Banks Stakes 246

A Wealth of Common Sense

AUGUST 20, 2024

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.

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Investors Investing Finance Financing 132

Private Equity Wire

AUGUST 19, 2024

InfraRed Capital Partners is to sell a minority 25% stake in Twin Peaks onshore wind farm from one of its private European core infrastructure strategies to Infranode, a Nordic infrastructure investment manager. Twin Peaks is a renewable energy asset located in central Sweden, approximately 100km from Östersund. The project comprises two operational wind farms with 39 x 6.2MW Siemens turbines, giving a combined capacity of 242MW.

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Stakes Asset Management Assets Capital 100

The Motley Fool

AUGUST 23, 2024

The average 401(k) balance for American workers 65 and older hovered around $233,000 in 2022. Not too shabby. For some, that might be a solid nest egg when combined with other sources of retirement income. But if you're like me, you're probably aiming for a bit more to play it safe. Becoming a retirement millionaire may have crossed your mind. More people are reaching that goal with their 401(k)s, and you could be one step closer to joining the 401(k) millionaire club.

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Debt Finance Financing Funds 246

A Wealth of Common Sense

AUGUST 23, 2024

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.

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Funds Investors 116

FinSMEs

AUGUST 19, 2024

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.

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Funds Capital Investors Companies 116

Private Equity Wire

AUGUST 20, 2024

Goldman Sachs Asset Management is leading a group of private credit lenders in discussions to provide approximately £750m ($971m) in private credit financing to SLR Consulting, an environmental advisory firm owned by private equity firm Ares Management Corp, according to a report by Bloomberg. The report cites unnamed sources familiar with the situation as revealing that the loan, denominated in sterling, is intended to refinance existing private credit for the UK-based company.

Consultants 98

Consultants Consulting Private Equity Firms Private Equity Firms 98

The Motley Fool

AUGUST 23, 2024

After a spectacular performance in 2023 and a roaring start to 2024, the capital markets have started to cool down as of late. Naturally, the recent selling activity can be attributed to a variety of factors including mixed job data, the Federal Reserve's monetary policy outlook, and of course the upcoming presidential election. During times like these investors may opt to exit more growth-oriented opportunities and seek safer, steadier positions.

Exchange-Traded Funds 246

Exchange-Traded Funds Banks Capital Business Development Companies 246

A Wealth of Common Sense

AUGUST 22, 2024

Callie Cox, our new Chief Market Strategist at Ritholtz Wealth, joined me on the show this week to discuss questions about the potential for a recession, what the Fed should do now, going all in on the Nasdaq 100 in your retirement accounts and how markets move in off hours. Further Reading: What’s the Worst Long-Term Return For U.S. Stocks? 1Taxes and fees are excluded as well, of course.

Portfolios 112

Portfolios Accounting Returns Assets 112

FinSMEs

AUGUST 22, 2024

Qualified Digital, a Berkeley, CA-based digital business and experience agency, received an investment from Stella Point Capital. The amount of the deal was not disclosed. The company intends to use the funds to accelerate and elevate its practice of a strategy-first approach to customer experience, data, content and technology. Led by CEO and Founder Jaqi […] The post Qualified Digital Receives Investment from Stella Point Capital appeared first on FinSMEs.

Capital 112

Capital Investing Funds Companies 112

AltAssets

AUGUST 22, 2024

Warburg Pincus is selling a more than 2% stake in India’s Kalyan Jewellers for about INR13bn ($155m). The private equity firm bought into Kalyan ten years ago, and held an almost 25% stake following the company’s IPO in 2021. Kalyan sells diamond and gold necklaces and other jewellery online and through a series of more […] The post Deal Roundup: Warburg Pincus sells Indian jeweller stake, Inflexion buys Cutwel from NorthEdge first appeared on AltAssets Private Equity News.

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Stakes Private Equity Firms Private Equity Firms Companies 96

The Motley Fool

AUGUST 23, 2024

As we entered the last weeks of summer, the crypto market began to heat up as if it was mid-July. Numerous news developments and trends that have powered rallies in digital coins and tokens in the past started to boost the market again. As a result, many were rising at comfortable, double-digit rates over the course of this week. There was plenty of variety in that surge, too, data compiled by S&P Global Market Intelligence reveal.

Assets 246

Assets Returns Investors Portfolios 246

Private Equity Wire

AUGUST 20, 2024

BlackRock has held the first close of its new high-yield infrastructure debt fund, Global Infrastructure Debt II, with $1.3bn in capital commitments, which represents more than half of the funds’ $2.5bn target, according to a report by Infrastructure Investor. Fundraising for the new fund launched earlier this year with the new vehicle following the success of BlackRock’s first venture into the high-yield infrastructure debt market, whjich closed in 2021 with $1.7bn – far in excess o

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Debt Funds Assets Capital 97

FinSMEs

AUGUST 21, 2024

DL Software, a NYC-based company providing software products, raised $2M in Pre-Seed funding. The round was led by dao5, Naval, and Evolve Ventures. Other participants included Kevin Zhou, Meltem Demirors, Balaji, and co-founders from Anduril, Rippling, Flexport, Intercom, Lambda, Replit, Ankr, and Akash. The company intends to use the funds to expand operations and its development efforts. […] The post DL Software Closes $2M Pre-Seed Funding Round appeared first on FinSMEs.

Funds 113

Funds Companies 113

AltAssets

AUGUST 21, 2024

Boston-based buyout house HighVista Strategies is back in the market with its third opportunistic credit fund, with eyes on up to $500m. The post HighVista back with third private credit fundraise, could collect up to $500m first appeared on AltAssets Private Equity News. The post HighVista back with third private credit fundraise, could collect up to $500m appeared first on AltAssets Private Equity News.

Buyout 96

Buyout Funds Debt Investing 96

The Motley Fool

AUGUST 23, 2024

The stock market hasn't rewarded Micron Technology (NASDAQ: MU) enough for the outstanding growth that it has been delivering in 2024, which is evident from the 26% jump in the shares of the memory specialist so far this year. It is also worth noting that Micron stock has retreated nearly 30% since hitting a 52-week high two months ago. However, this is good news for savvy investors looking to add a company that's well on its way to capitalizing on the fast-growing adoption of artificial intelli

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Prospects Stock Market Stock Market Returns 246

Private Equity Wire

AUGUST 23, 2024

A consortium of private credit lenders, led by Blue Owl Capital and Ares Management, has taken control of Pluralsight, wiping out $4bn that Vista Equity Partners and its co-investors have invested in the company since acquiring it three years ago, according to a report by Bloomberg. The deal for the troubled software company comes after months of intense negotiations.

Investors 94

Investors Asset Management Debt Stakes 94

FinSMEs

AUGUST 20, 2024

Trunk Tools, a NYC-based provider of an AI Platform for the construction industry, raised $20M in Series A funding. The round was led by Redpoint Ventures with participation from Innovation Endeavors. The company intends to use the funds to expand operations and its development efforts. Led by Sarah Buchner, Founder and CEO, Trunk Tools leverages […] The post Trunk Tools Raises $20M in Series A Funding appeared first on FinSMEs.

Funds 113

Funds Leveraging Companies 113

AltAssets

AUGUST 20, 2024

German deeptech investor UVC Partners has hit the €250m hard cap for the final close of its fourth flagship fund. The post Germany B2B tech investor UVC scores fastest fundraise yet with €250m hard cap Fund IV close first appeared on AltAssets Private Equity News. The post Germany B2B tech investor UVC scores fastest fundraise yet with €250m hard cap Fund IV close appeared first on AltAssets Private Equity News.

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Funds Investors Buyout Investing 96

The Motley Fool

AUGUST 23, 2024

Two artificial intelligence (AI) stocks have led the S&P 500 (SNPINDEX: ^GSPC) higher this year. Semiconductor company Nvidia (NASDAQ: NVDA) and server manufacturer Super Micro Computer (NASDAQ: SMCI) have see their share prices surge 159% and 119%, respectively. Both companies recently announced 10-for-1 stock splits to make shares more affordable.

Banks 246

Banks Returns Investors Accounting 246

Private Equity Wire

AUGUST 19, 2024

Private equity heavyweights CVC Capital Partners and KKR are reportedly showing interest in acquiring a stake in the UK arm of Grant Thornton, the sixth-largest accounting firm in Britain, according to a report by the Financial Times. The report cites unnamed sources close to the matter as revealing that Grant Thornton, advised by Rothschild & Co, has been proactively approaching potential buyers, with a formal bidding process expected to get underway in the coming month.

Stakes 98

Stakes Private Equity Firms Private Equity Firms Bidding 98

FinSMEs

AUGUST 22, 2024

VividQ, a Cambridge, UK-based deep technology innovator in computational holography, closed an additional $7.5m Series A funding, bringing the company’s total funding to over $30m. The round was led by Foresight Group and included new investors such as GameTech Ventures, and Florida-based Ruttenberg Gordon Investments (RGI), as well as existing investors.

Funds 109

Funds Investors Companies Investing 109

AltAssets

AUGUST 22, 2024

Diversified alternatives investment major Adams Street Partners is eyeing up to $2bn for its latest private equity co-invest fundraise. The post Adams Street Partners could collect up to $2bn for new co-invest fund first appeared on AltAssets Private Equity News. The post Adams Street Partners could collect up to $2bn for new co-invest fund appeared first on AltAssets Private Equity News.

Funds 93

Funds Investing Buyout 93

The Motley Fool

AUGUST 23, 2024

Are you looking for some new stock picks that will start paying off sooner than later? Finding good choices can be particularly tough in the current environment. Not only are stocks' near-term performances difficult to predict, but we're starting to see a few economic red flags like rising unemployment and a recently uninverted yield curve. There is a small handful of stocks, however, that could be notably higher by the end of this year.

Consulting 246

Consulting Consultants Returns Investors 246

Private Equity Wire

AUGUST 20, 2024

The Pennsylvania Public School Employees’ Retirement System board has approved new investment commitments totalling approximately $720m, including allocations to a private credit fund and tow private equity funds. According to a press statement, the $76.5bn pension fund has allocated $175m to ACORE Opportunistic Credit II, a private credit fund managed by ACORE Capital, as well as $100m to Summit Partners Growth Equity Fund XII-A and $125m to LLR Equity Partners VII, both private equity funds ma

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Pension Funds Funds Capital Investing 96

FinSMEs

AUGUST 23, 2024

Openwater, a Newark, CA-based provider of a healthcare platform, raised $100M in total funding. Backers included Plum Alley Ventures, Khosla Ventures, BOLD Capital Partners, Esther Dyson, Peter Gabriel, among others. The company intends to use the funds to expand operations and its business reach. Founded by CEO Mary Lou Jepsen, Openwater develops medical technology integrating […] The post Openwater Raises $100M in Total Funding appeared first on FinSMEs.

Funds 108

Funds Capital Companies 108

AltAssets

AUGUST 23, 2024

Genomics and precision health investment specialist Illumina Ventures is back in the fundraising market eyeing up to $300m for its latest vehicle. The post Illumina Ventures returns to fundraising with eyes on $300m appeared first on AltAssets Private Equity News.

Returns 92

Returns Investing Buyout Funds 92

The Motley Fool

AUGUST 23, 2024

There is so much to love about dividends, the cash payments investors receive when a company shares its profits with them. Dividends help shareholders realize an investment return without having to sell the stock. You can reinvest the cash or do whatever else you want. A large enough dividend portfolio can grow into a wealth machine, pumping out thousands of dollars in annual passive income.

Exchange-Traded Funds 246

Exchange-Traded Funds Portfolios Returns Shareholders 246

Private Equity Wire

AUGUST 21, 2024

Thomas H Lee Partners, one of the oldest private equity firms in the industry, has set a fundraising target of $6.25bn for its latest buyout fund, Thomas H Lee Equity Partners X, according to a report by Private Equity International. If successful, the fund will be 12% larger that the firm’s predecessor vehicle, Fund IX, which closed in 2021 with $5.6bn, but ill still fall short of THL’s largest ever fund, 2007’s $8.1bn Fund VI.

Buyout 95

Buyout Private Equity Firms Private Equity Firms Funds 95

FinSMEs

AUGUST 21, 2024

Great Many, a NYC-based company creating a dedicated place for hair growth, raised $3.6M in Pre-Seed funding. The round was led by BrandProject, with participation from Midnight Venture Partners and Tonic Ventures, with Angel investments from Lukas Keindl, Andy Grover, Elizabeth Cutler, and Meghan Maupin, and current CEO of OurX. The company intends to use the funds to expand operations and its […] The post Great Many Raises $3.6M in Pre-Seed Funding appeared first on FinSMEs.

Funds 109

Funds Companies Investing 109