Private Equity Wire

JANUARY 31, 2025

Blackstone has reported stronger-than-expected earnings for the fourth quarter of last year, fuelled by a resurgence in dealmaking and early signs of stabilisation in the troubled commercial real estate (CRE) sector, according to a report by Reuters. The reports cites LSEG data as revealing that the worlds largest alternative asset manager posted a 56% surge in distributable earnings, reaching $2.2bn, or $1.69 per share, surpassing analyst expectations of $1.46.

Initial Public Offering 87

Initial Public Offering Private Equity Firms Private Equity Firms Asset Management 87

The Motley Fool

JANUARY 28, 2025

Shares of Medtronic (NYSE: MDT) are off to a fantastic start in 2025, already rising by 13% year to date. The medical devices giant had some weakness in recent years amid disappointing trends from its diabetes segment, but it appears to have finally turned the corner with its increasingly diversified operating profile. Medtronic is capturing demand for its cutting-edge solutions, as recent product launches emerge to drive new growth.

Leveraging 246

Leveraging Portfolios Returns Capital 246

Private Equity Professional

JANUARY 29, 2025

Salt Creek Capital has exited its investment in King Tester Corporation (KTC) through the sale of the company to its current CEO, James Knight. Salt Creek originally acquired KTC in July 2015 in partnership with Mr. Knight. KTC is a manufacturer and supplier of metallurgical testing equipment. Its product lineup includes portable Brinell hardness testers, microscopes, digital and analog tension measuring instruments, and WDXRF (wavelength dispersive X-ray fluorescence) measurement products.

Capital 130

Capital Portfolios Companies Investing 130

Private Equity Insights

JANUARY 31, 2025

Private equity returns outperformed private credit in Q3 2024, marking a potential shift in market dynamics, according to State Street Corp. Private equity funds returned 3.09%, slightly edging out private credits 3.06%, driven by increased buyout activity, lower interest rates, and narrowing private debt spreads. State Streets Nan Zhang believes private equity could continue to gain momentum if inflation remains stable and buyout performance strengthens.

Returns 130

Returns Buyout Stakes Assets 130

Private Equity Wire

JANUARY 28, 2025

LDC, the private equity investor which is part of Lloyds Banking Group, has strengthened its support for management teams across the UK with three senior hires in its Value Creation Partners (VCP) team. Mustafa Khanbhai joins as VCP Director, Commercial; Lizzie Meadowcroft as VCP Director, Operations, Carve Out & Integration; and Prashant Selvaratnam as VCP Director, Data Strategy & AI.

Consultants 98

Consultants Consulting Banks Portfolios 98

The Motley Fool

JANUARY 27, 2025

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Exchange-Traded Funds 230

Exchange-Traded Funds Debt Accounting Banks 230

Private Equity Professional

JANUARY 29, 2025

Incline Equity Partners has announced the above-target final closing of Incline Ascent Fund II LP (Ascent II), with $500 million in committed capital. The closing of Ascent II follows the firms October 2023 closing of Incline Equity Partners VI LP , which secured $1.9 billion of capital. Earlier, in January 2022, Incline closed two funds: Incline Elevate Fund II LP , a $630 million fund focused exclusively on the lower middle market, and Incline Ascent Fund LP , which raised $310 million. “

Enterprise Values 100

Enterprise Values Funds Capital Investors 100

AltAssets

JANUARY 28, 2025

Private equity majors including Warburg Pincus, CVC Capital Partners and TPG are reportedly among bidders battling for a stake in Philippines private hospital business Metro Pacific, which could value it at about $3bn. The post Deal Roundup: PE heavyweights line up for $3bn Philippine hospital bidding, Gemspring exits OPEXUS to Thoma Bravo appeared first on AltAssets Private Equity News.

Bidding 96

Bidding Stakes Capital Buyout 96

The Motley Fool

JANUARY 31, 2025

Many successful investors regularly invest new money. It's an under-appreciated, winning approach to the stock market. Here's why this approach is helpful: Individual stocks are prone to ups and downs. Furthermore, long periods of flat returns can unexpectedly be followed by sudden bursts higher. Additionally, new companies go public and new industries emerge, giving investors fresh opportunities.

Accounting 233

Accounting Portfolios Debt Investors 233

Private Equity Wire

JANUARY 31, 2025

Cogenuity Partners (Cogenuity), a lower middle market private equity firm investing in businesses operating within the advanced industrial economy, has closed its inaugural fund, Cogenuity Fund I, with $425m in total capital commitments. Cogenuity formally commenced its fundraising process in August and received commitments from a diverse limited partner base that included a number of blue-chip investors, including endowments and foundations, insurance companies, funds-of-funds and strategic inv

Private Equity Firms 98

Private Equity Firms Private Equity Firms Funds Legal 98

Private Equity Insights

JANUARY 31, 2025

NGP Energy Capital Management is considering selling Camino Natural Resources, a major private natural gas producer, in a deal that could be worth around $2bn, including debt. RBC Capital Markets has been hired to oversee the auction, which started earlier this month. A final sale is not certain, and NGP may decide to retain ownership. Neither NGP nor Camino have commented, while RBC has declined to address the matter.

Deal Flow 130

Deal Flow Stakes Debt Capital 130

AltAssets

JANUARY 28, 2025

Early-stage life science investor Red Tree Venture Capital has picked up at least $133m towards its sophomore fund, targeting innovations coming out of West Coast academic and research institutions. The post Ex-TPG partner, Stanford bioengineering professor eye up to $350m for second Red Tree Venture fund appeared first on AltAssets Private Equity News.

Venture Capital 94

Venture Capital Funds Capital Investors 94

The Motley Fool

JANUARY 31, 2025

Image source: The Motley Fool. AbbVie (NYSE: ABBV) Q4 2024 Earnings Call Jan 31, 2025 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and thank you for standing by. Welcome to the AbbVie fourth-quarter 2024 Earnings Conference Call. [Operator instructions] Today's call is also being recorded.

Assets 231

Assets Portfolios Investors Taxes 231

Private Equity Wire

JANUARY 31, 2025

NGP Energy Capital Management is considering selling Camino Natural Resources, one of the largest privately held natural gas producers in Oklahomas Anadarko Basin, in a deal that could value the company at around $2bn, including debt, according to a report by Reuters. The reports cites unnamed sources familiar with the matter as revealing that NGP has enlisted RBC Capital Markets to oversee the auction process, which formally began earlier this month.

Mergers and Acquisitions 92

Mergers and Acquisitions Debt Capital Companies 92

Private Equity Insights

JANUARY 30, 2025

After investing in Uber, Airbnb, OpenAI, and SpaceX, Leste Group has made Billor its latest bet. It committed a $330m credit facility and acquired a minority stake. The investment will help Billor enhance its technology platform and expand operations as it works toward its vision of empowering truck drivers to achieve financial independence. Leste will acquire truck leases from Billor until 2027.

Investing 130

Investing Banks Leveraging Stakes 130

AltAssets

JANUARY 28, 2025

Manulife Investment Management has hit a third and final close for its Forest Climate Fund on more than $480m. The post LPs drawn to climate change mitigation help Manulife raise over $480m for Forest Climate Fund appeared first on AltAssets Private Equity News.

Funds 89

Funds Investing Buyout 89

The Motley Fool

JANUARY 27, 2025

Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's recent passage , that might be too optimistic. The program is staying afloat by draining money from its trust funds, but it can't do that forever. Even in the worst-case scenario, benefits won't disappear completely. But cuts remain a possibility if the government doesn't find a way to increase the program's funding.

Taxes 246

Taxes Funds Accounting Investing 246

Private Equity Wire

JANUARY 31, 2025

Global private equity dealmaking saw a 7% increase in buyout capital in 2024, reaching $511.6bn compared to $478.3bn in 2023, although the fundraising environment remained difficult, according to the Private Equity Q4 2024: Preqin Quarterly Update report. Europe stood out as the only region to record a quarter-on-quarter rise in deal value, with $31.8bn invested in Q4, a 7% increase from the previous quarter, accounting for 28% of the global total.

Buyout 86

Buyout Capital Assets Funds 86

Private Equity Insights

JANUARY 31, 2025

The Big Ten Conference is exploring private equity investment opportunities, signaling a shift in its approach to college sports financing. Investment bank Evercore, retained by the conference, has received initial offers from private equity firms, though details remain undisclosed. A conference spokesperson confirmed Evercores inquiries, stating that the Big Ten is assessing strategic partnerships to expand its business ventures, including events and sponsorships.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Investing Investment Banks 130

AltAssets

JANUARY 28, 2025

Consumer-focused private equity house Meaningful Partners has picked up more than $150m for the above-hard-cap final close of its sophomore fund. LA-based Meaningful said the close of Dedicated Capital Vehicle II had pushed its assets under management to about $500m, targeting lower-mid-market and growth companies poised for rapid scaling. Never miss a story!

Funds 95

Funds Assets Capital Companies 95

The Motley Fool

JANUARY 31, 2025

A lot has changed at General Electric, or what remains of the company, which is now known as GE Aerospace (NYSE: GE). In fact, 2024 was its first year after a dramatic company overhaul. There are very positive things going on here, and they haven't gone unnoticed. Which sets up the tough question of whether or not GE Aerospace is a millionaire-maker stock.

Conglomerates 217

Conglomerates Finance Financing Companies 217

FinSMEs

JANUARY 28, 2025

Token Security, a Tel Aviv, Israel-based non-human identity security company, raised $20M in Series A funding. The round was led by Notable Capital, with participation from existing investor TLV Partners, Palo Alto Networks, CrowdStrike, Check Point, and Venafi, bringing total funding to$27M. The company intends to use the funds to expand operations and its development […] The post Token Security Raises $20M in Series A Funding appeared first on FinSMEs.

Funds 63

Funds Capital Investors Companies 63

Private Equity Insights

JANUARY 31, 2025

Cogenuity Partners closed its first fund, Cogenuity Fund I, securing $425m in total commitments. The San Francisco-based private equity firm, founded in 2024, focuses on businesses within the advanced industrial economy, investing in companies that provide essential products, services, and equipment across high-value manufacturing, infrastructure solutions, critical industrial services, and industrial technology.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Funds Investing 130

AltAssets

JANUARY 31, 2025

The $70bn-managing New Jersey Division of Investment has revealed a slate of almost $2bn new alternative investment fund commitments. The post New Jersey pension manager commits nearly $2bn across PE, credit, real estate funds appeared first on AltAssets Private Equity News.

Funds 88

Funds Investing Debt Buyout 88

The Motley Fool

JANUARY 31, 2025

Results from JetBlue Airways (NASDAQ: JBLU) provided little reason for optimism, though there was an argument to be made that the post-earnings stock reaction was too great. On Friday, investors warmed to the stock, sending JetBlue shares up 10% as of 10:45 Eastern. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

Investors 225

Investors Returns Investing Companies 225

FinSMEs

JANUARY 28, 2025

Lutris Pharma, a Tel Aviv, Israel-based clinical stage biopharmaceutical company, raised $30M in funding. The round was led by Columbus Venture Partners andPontifax Venture Capital, with participation from an existing investor, with Peregrine Ventures and aMoon Fund. The company intends to use the funds to advance the development of LUT014, an innovative topically applied gel […] The post Lutris Pharma Raises $30M in Funding appeared first on FinSMEs.

Venture Capital 63

Venture Capital Funds Capital Investors 63

Private Equity Insights

JANUARY 30, 2025

Blue Sage Capital closed its fourth private equity fund, Blue Sage Capital IV, at $618m, exceeding its $400m target and $550m hard cap. The Texas-based firm, known for investing in lower middle-market companies, raised more than twice the amount of its $300m predecessor fund. Investor demand for the fund was exceptionally strong, with Blue Sage securing backing from a diverse group of Limited Partners, including university endowments, charitable foundations, pension funds, large family offices,

High Net Worth Individuals 130

High Net Worth Individuals Capital Funds Private Equity Firms 130

AltAssets

JANUARY 31, 2025

Preferred equity and NAV investor 17Capital has brought in former Russell Investments exec Steve Kosoris as its North America investor relations director. The post 17Capital brings in Kosoris as North America investor relations director, makes five IR promotions appeared first on AltAssets Private Equity News.

Investors 81

Investors Debt Investing Buyout 81

The Motley Fool

JANUARY 27, 2025

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Taxes 147

Taxes Accounting Prospects Companies 147

FinSMEs

JANUARY 28, 2025

Commit Biologics, an Aarhus, Denmark-based company which specializes in the activation of the complement system to treat cancer and autoimmune disease, raised 5.5M in Seed extension funding. The round included the contribution from new investor Korys, which brought the total amount to 21.5M. The company intends to use the funds to further advance the BiCE […] The post Commit Biologics Raises 5.5M in Seed Financing Extension appeared first on FinSMEs.

Finance 63

Finance Financing Funds Investors 63

Private Equity Insights

JANUARY 31, 2025

AnaCap has taken a majority stake in Edge Group, an Italian insurance broking platform, marking one of the first investments for its latest flagship fund. The deal follows AnaCaps acquisition of Yard Reaas in April 2024, further expanding its footprint in Italys financial services sector. Founded in 2014 and based in Milan, Edge provides a range of commercial insurance solutions, including liability, multi-risk policies, accident, and health coverage.

Stakes 130

Stakes Liabilities Financial Services Capital 130

AltAssets

JANUARY 31, 2025

US private equity major New Mountain Capital has launched a wealth solutions team led by new hire Raleigh Peters, a veteran in the space. The post New Mountain brings in ex-Blackstone managing director Raleigh Peters to run newly-launched wealth solutions unit appeared first on AltAssets Private Equity News.

Capital 78

Capital Buyout Funds Investing 78

The Motley Fool

JANUARY 28, 2025

RTX Corp. (NYSE:RTX) , a prominent player in the aerospace and defense industry, reported fourth-quarter and full-year 2024 earnings on Tuesday, Jan. 28, that topped analysts' consensus estimates. Adjusted earnings per share of $1.54 beat the anticipated $1.38 and rose a substantial 19.4% over Q4 2023. Revenue of $21.6 billion surpassed the forecasted $20.54 billion and jumped 8.6% year over year.

Shareholders 130

Shareholders Capital Investments Capital Returns 130

FinSMEs

JANUARY 28, 2025

Adsorbi, a Gothenburg, Sweden-based startup developing bio-based materials for air pollutants and odour removal, raised 1M in funding. The round was led by Mets Spring, Chalmers Ventures, Jovitech Invest, and a grant from Sweden’s Innovation Agency. The company intends to use the funds to construct and operate a pilot plant in Gothenburg, develop new products, and grow its customer […] The post AdsorbiRaises1M in Funding appeared first on FinSMEs.

Funds 63

Funds Startups Companies Investing 63

Axial

JANUARY 28, 2025

Welcome to the latest issue of The Winning LOI, the Axial newsletter that anonymously reveals small business M&A valuation data and certain key deal terms associated with winning LOIs. To subscribe to The Winning LOI, please enter your email below. In todays issue, we break down the LOI for a Technology company that specializes in providing high-performance managed Wi-Fi solutions.

Funds 52

Funds Investors Companies Investing 52

Financial Times - Banking

JANUARY 28, 2025

Lender to wind down in businesses where it has struggled to compete with rivals

Investment Banks 111

Investment Banks Investment Banking Banks Investing 111

The Motley Fool

JANUARY 27, 2025

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Accounting 130

Accounting Banks Returns 130