Sat.Apr 06, 2024 - Fri.Apr 12, 2024

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How to Lie With Charts

A Wealth of Common Sense

A reader sent me the following chart asking for my thoughts: I honestly don’t know who the creator of this chart is. I don’t know the intention of it either but the fact that the title contains the word collapse makes it sound scary. Knowing that housing prices in the U.S. are at all-time highs makes this chart seem suspect, but the data checks out.

Financing 126
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I'm in My 50s. Do I Need Long-Term Care Insurance?

The Motley Fool

Image source: Getty Images Long-term care insurance is designed to prevent the financial strain that comes with unexpected nursing home stays and other types of long-term care you might need later in life. With nursing home stays exceeding six-figure sums in many cases, this can be valuable protection for retirees. While you're unlikely to need long-term care anytime soon if you're a healthy 50-something who hasn't retired yet, you can certainly purchase a long-term care policy if you choose to

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A Short History of Stocks

The Big Picture

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

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Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC Exchanges

FinSMEs

Cryptocurrency markets have surged in popularity, attracting investors globally. In the United States, especially in New York, financial regulation is very important. Understanding the regulations is crucial. Also, for people who value privacy, finding trustworthy exchanges is crucial. They must be no-KYC (know your customer). This article covers the regulatory environment in the USA and […] The post Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC E

Investors 120
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Who is Buying a House in this Market?

A Wealth of Common Sense

According to Redfin, we just hit another new all-time high in the median monthly payment (based on current home prices and mortgage rates): The median payment for a new purchase has doubled since 2021. Mortgage rates were back up to 7.4% this week. Nationwide housing prices are still are all-time highs and up around 50% since the end of 2019. There has been this feeling of something has to give for a while now but nothi.

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Don't Fall for This Myth About Childfree Finances

The Motley Fool

Image source: Getty Images I decided more than three decades ago that I wasn't going to become a parent, and in the ensuing years, I've heard all the myths, stereotypes, and outright lies about people like me. One of the biggest is that people without kids are rich -- this one is frequently repeated, even in comic strip form. Let me clear that up for you right now.

Financing 246

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Abre Raises $24M in Series A Funding

FinSMEs

Abre, a Cincinnati, OH-based K-12’s data solution company, raised $24M in Series A funding. The round was led by PeakSpan Capital, with participation from JumpStart Ventures, JobsOhio Growth Capital Fund, and Golden Angels Investors. Sanket Merchant, a Partner at PeakSpan Capital and Head of the firm’s EdTech practice, led the investment and will be joining the Abre Board […] The post Abre Raises $24M in Series A Funding appeared first on FinSMEs.

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Knowledge Alone Doesn’t Change Behavior

A Wealth of Common Sense

A reader asks: Instead of diversifying is it ever worth advising clients to build mental toughness? This would be similar to how we teach youth athletes to grow through losses and failures. Learning to take short term investing losses knowing over long term they will get larger gains in stocks. This is an excellent question because money is more about behavior than numbers.

Investing 107
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3 Signs You Should Switch to Costco if You're a Sam's Club Member

The Motley Fool

Image source: Getty Images Both Costco and Sam's Club are warehouse clubs that you pay a membership fee to join. Many people opt to pay the cost of membership because these warehouse clubs offer bulk bargains. For most people, it doesn't really make sense to join both Costco and Sam's Club. There's a lot of overlap between what the stores offer, and your budget might not bear the cost of both.

Returns 246
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Neuberger Berman grows private equity fund offering for financial intermediaries

Private Equity Wire

Private, employee-owned investment firm Neuberger Berman has launched the NB Direct Private Equity Fund 2024 and the NB Global Private Equity Access Fund, both of which aim to make global private equity offerings more accessible to retail investors. Fundraising for the NB Direct Private Equity Fund 2024 was launched in March 2023 and subscriptions are open until December 2024.

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Monad Labs Closes $225M Series A Funding

FinSMEs

Monad Labs, the NYC-based core developers behind layer 1 blockchain Monad, closed a $225M Series A funding. The round was led by Paradigm with additional funding by investors including Electric Capital and Greenoaks. Founded in 2022 by Jump Trading alums Keone Hon and James Hunsaker, along with Eunice Giarta (a former researcher at the MIT Media […] The post Monad Labs Closes $225M Series A Funding appeared first on FinSMEs.

Funds 117
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Toyota Ventures speeds to finish on $300m pair of funds

AltAssets

Toyota Ventures, the venture capital arm of the automotive manufacturer has closed a pair of funds on a combined $300m. The post Toyota Ventures speeds to finish on $300m pair of funds first appeared on AltAssets Private Equity News.

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New Survey Shows Why Women Feel Behind on Financial Goals

The Motley Fool

Image source: Getty Images Women often face a few extra obstacles on the road to financial wellness. The gender pay gap and other inequalities in the workplace and in the world of investing can unfortunately cause women to feel behind on their financial goals. A new survey from Laurel Road found that more women feel like they're falling behind on their personal finances compared to 2023.

Debt 246
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KPS Capital Partners acquires majority stake in Sport Group from Equistone

Private Equity Wire

Funds advised by mid-market private equity firm Equistone Partners Europe will sell their majority stake in Sport Group, a German manufacturer of artificial turf and synthetic outdoor sports and leisure surfaces, to New York-based private equity firm KPS Capital Partners. The transaction is subject to regulatory approvals and financial details have not been disclosed.

Stakes 96
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Udio Raises $10M in Seed Funding

FinSMEs

Udio, a NYC-based company that leverages AI to easily create extraordinary and original music, reportedly raised $10M in Seed funding. The round was led by a16z, with participation from angel investors will.i.am, Common, Kevin Wall, Tay Keith, Steve Stoute’sUnitedMasters, Mike Krieger (Cofounder & CTO of Instagram) and Oriol Vinyals. The company intends to use the funds to expand operations […] The post Udio Raises $10M in Seed Funding appeared first on FinSMEs.

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African VC closes inaugural fund to tackle “growing funding gap”

AltAssets

African VC closes inaugural fund to tackle “growing funding gap” The post African VC closes inaugural fund to tackle “growing funding gap” first appeared on AltAssets Private Equity News.

Funds 92
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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold For a Decade

The Motley Fool

Artificial intelligence (AI) has burst onto the scene in a big way over the past year or so. The forerunners of modern AI have been around since the 1950s, but recent algorithms have taken the technology to the next level. What sets generative AI apart from its predecessors is not only the ability to create completely new and unique content but also to streamline and automate processes, resulting in substantial productivity increases.

Investing 246
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Behrman Capital acquires dental manufacturer Vista Apex from Inverness Graham

Private Equity Wire

New York-based private equity firm Behrman Capital has acquired Vista Apex, a US manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, from Philadelphia-based private equity firm Inverness Graham. Vista Apex’s management team, led by CEO Scott Lamerand, will continue to lead the company under Behrman’s ownership.

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Sortium Raises $4M+ Funding Round

FinSMEs

Sortium, a Miami, FL-based company combining generative AI with gaming, raised $4M+ in funding. The round was led by Signum Growth, with participation form Cathie Wood’s ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG. The company intends to use the funds to expand operations and development efforts. Sortium is […] The post Sortium Raises $4M+ Funding Round appeared first on FinSMEs.

Funds 113
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Sun Capital co-founders support trio of senior execs leaving to launch new fund

AltAssets

A trio of senior Sun Capital execs have left the firm to launch their own private equity house - with the "full support" of Sun co-founders and co-CEOs Marc Leder and Rodger Krouse. The post Sun Capital co-founders support trio of senior execs leaving to launch new fund first appeared on AltAssets Private Equity News.

Capital 92
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Here Are All 27 of Warren Buffett's Billion-Dollar Bets in Berkshire Hathaway's $370 Billion Portfolio

The Motley Fool

For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been delivering outsized returns for his investors. Whereas the benchmark S&P 500 has gained a little over 34,000%, including dividends paid, since the "Oracle of Omaha" took over as Berkshire's CEO in the mid-1960s, Buffett has overseen an aggregate return in his Class A shares (BRK.A) that surpassed 5,100,000%, as of the closing bell on April 5.

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Compass Group closes second oversubscribed fund in two years

Private Equity Wire

US private equity firm Compass Group Equity Partners has closed Compass Group Fund III and hit its hard cap of $408m, the firm’s second oversubscribed fundraising in two years. According to a press release, the fund attracted “strong carryover” from investors in the firm’s previous fund, which closed in April 2022, having secured support from insurance companies, endowments, registered investment advisors, and foundations.

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Onum Raises $28M in Series A Funding

FinSMEs

Onum, a Madrid, Spain-based control data, cost, and performance company, raised $28M in Series A funding. The round was led by Dawn Capital, with participation from Kibo Ventures and Insight Partners. The company intends to use the funds to accelerate its hiring plans, product development and commercial expansion globally. Led by Founder and CEO Pedro […] The post Onum Raises $28M in Series A Funding appeared first on FinSMEs.

Funds 112
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Private equity wins big in $460m Michigan alts commitments

AltAssets

The more than $100bn-managing Michigan Retirement System has promised $460m to alternative investments funds in its latest tranche of commitments. The post Private equity wins big in $460m Michigan alts commitments first appeared on AltAssets Private Equity News.

Funds 91
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Is Alphabet's New Artificial Intelligence (AI) Chip Bad News for AMD and Intel Stock Investors?

The Motley Fool

In today's video, I discuss recent updates affecting Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 10, 2024. The video was published on April 11, 2024. Should you invest $1,000 in Alphabet right now?

Investors 246
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Blue Torch Capital closes $2.3bn Credit Opportunities Fund III

Private Equity Wire

New York-based private credit investment firm Blue Torch Capital has held the final closing of Blue Torch Credit Opportunities Fund III and its affiliated entities with total investor commitments of $2.3bn, exceeding its $2bn target. Consistent with prior vintages, Fund III will focus on providing bespoke credit solutions to middle market companies across a broad array of industries who require capital support for growth, acquisitions, operational challenges, and financial hurdles.

Capital 93
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Procurement Sciences AI Raises $10M in Series A Funding

FinSMEs

Procurement Sciences AI, a Washington, DC-based provider of a bidding-intelligence platform for government contractors, raised $10M in Series A funding. The round was led by Battery Ventures, with participation from Tower Research Capital and K Street Capital and Blu Ventures. Brandon Gleklen from Battery Ventures and Jared Young from Tower Research will join the Procurement […] The post Procurement Sciences AI Raises $10M in Series A Funding appeared first on FinSMEs.

Bidding 113
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Firm founded by Russian oligarchs to buy London building for £100mn

Financial Times M&A

Deal by LetterOne comes after court victory for co-founders Mikhail Fridman and Petr Aven as they challenge EU sanctions

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Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks?

The Motley Fool

The demand for artificial intelligence (AI) stocks may lead investors to ponder how to invest in this sector with minimal risk. This is a critical concern as AI stocks like Nvidia and Tesla have experienced massive sell-offs when those stocks fell out of favor. Moreover, the AI industry is comprised of smaller stocks such as DigitalOcean and C3.ai. Although investors may see considerable potential for gains, unexpected occurrences often derail such growth stories.

Investors 246
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General Atlantic makes minority growth investment in HighLevel

Private Equity Wire

Global growth equity firm General Atlantic has made a minority growth investment in HighLevel, a sales and marketing automation software provider for marketing agencies, entrepreneurs and small businesses. As part of the transaction, Asher Hecht and Preston McKenzie will join HighLevel’s board of directors. Existing investor PeakEquity Partners will remain an active shareholder in the company and retain its board seat.

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Libretto Raises $3.7M in Seed Funding

FinSMEs

Libretto, a NYC-based provider of new tools for LLM developers, reportedly raised $3.7m in seed funding. The round was co-led by XYZ VC and The General Partnership. The company intends to use the funds to expand operations and development efforts. Led by Sasha Aickin, CEO, Libretto is a startup in stealth mode that is advancing tools for developers […] The post Libretto Raises $3.7M in Seed Funding appeared first on FinSMEs.

Funds 112
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Traumasoft Partners with Serent Capital to Expand its Integrated EMS Solution

Serent Capital

The post Traumasoft Partners with Serent Capital to Expand its Integrated EMS Solution appeared first on Serent Capital.

Capital 98
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Here's How Much Financial Experts Say the Average Worker Should Have Saved for Retirement by 50

The Motley Fool

One of the most challenging parts of planning for retirement is never knowing exactly how much you need to save. It's impossible to predict what emergency costs could arise, and your plans for the future could also shift as you age. This is why many people fall back on certain retirement "rules" about how much they should save. Here's what one of the most popular retirement savings rules says about how much the average worker should have saved by the age of 50.

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Verdane acquires majority stake in Corlytics 

Private Equity Wire

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. The investment will support the Corlytics’s continued growth. Verdane invested in Corlytics via its newly raised €1.1bn Edda III Fund. The firm currently has €6.9bn in committed capital for scaling tech-enabled growth businesses, according to a press release.

Stakes 94