Private Equity Insights

AUGUST 18, 2023

Private lenders including Oak Hill Advisors, Blue Owl Capital, and HPS Investment Partners are providing a record-breaking $5.3bn loan package to Finastra Group Holdings Ltd, a fintech firm owned by Vista Equity Partners, according to a report by Bloomberg. The report cites data from KBRA DLD as revealing that the financing, which comprises a $4.8bn unitranche, a blend of senior and subordinated debt, and a $500m revolver facility, is the biggest private credit loan ever in the US.

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Private Equity Firms Private Equity Firms Buyout Debt 246

PE Hub

AUGUST 18, 2023

As part of the transaction, General Atlantic advisor Alan Ferber will join the Flint board. The post General Atlantic backs home services company Flint Group appeared first on PE Hub.

Companies 245

Companies 245

The Motley Fool

AUGUST 18, 2023

Image source: Getty Images Calling all Girl Scout cookies fans! You can now pick up Girl Scout Thin Mints at Costco. That's right -- you don't have to wait until the upcoming cookie season to satisfy your chocolatey-mint cravings. Some shoppers have reported seeing Girl Scout Thin Mint Bites at Costco. While these tasty treats aren't the original full-sized cookies you know and love, they have a similar taste and are a bite-sized version.

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Financial Services Financing Finance Returns 98

Entrepreneur - VC

AUGUST 18, 2023

American Airlines is suing Skiplagged.com, a website that helps customers find cheaper fares by encouraging them to find connecting flights that allow them to use the connecting city as their final destination.

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Private Equity Insights

AUGUST 16, 2023

Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1bn, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Rhône made more than three times the money it invested in the restaurant operator, the sources said, requesting anonymity as the matter is confidential.

Private Equity Firms 246

Private Equity Firms Private Equity Firms Capital Stock Exchanges 246

PE Hub

AUGUST 17, 2023

Dishon is a Vaughan, Ontario-based manufacturer of machined components and assemblies serving the aviation, space and satellite sectors. The post Thrust Capital Partners invests in precision machine shop Dishon appeared first on PE Hub.

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Capital Investing 245

Fintoo

AUGUST 17, 2023

Markets broke crucial support on Thursday with Dollex 30 Index i.e., Sensex in USD terms breaching the support line occurring on 1st Dec 2022 thus opening gates for a 20% decline in the near term on a long-term basis. Markets tend to remain strong as long they hold comfortably above the previous highs, while below […] The post Market Morning Notes For 18th Aug 2023 appeared first on Fintoo Blog.

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FinSMEs

AUGUST 18, 2023

The Contract Network, an Atlanta, GA-based provider of an AI-powered contract collaboration platform, raised $8M in Seed funding. The round was led by Tusk Venture Partners, with participation from Andrew Sieja (Founder of Relativity), The Legal Tech Fund, Mayo Clinic, Toba Capital, and GC&H Investments, an investment fund associated with Cooley LLP.

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Funds Legal Capital Investing 98

PE Hub

AUGUST 16, 2023

Becker joined Apollo in 1996. The post Apollo’s impact investing co-head Marc Becker dies at 51 appeared first on PE Hub.

Investing 246

Investing 246

The Motley Fool

AUGUST 18, 2023

David Tepper isn't as widely known as Warren Buffett. But like Buffett, he ranks as one of the top investors on the planet today. Tepper runs the global hedge fund Appaloosa Management. He also owns the Carolina Panthers NFL franchise and Major League Soccer's Charlotte Football Club. His net worth stands at $18.5 billion, according to Forbes. Many retail investors closely follow the stocks that Buffett buys.

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Stakes Hedge Funds Investors Portfolios 98

The Big Picture

AUGUST 18, 2023

I have a new column out in Businessweek , just in time for the Federal Reserve meeting in Jackson Hole. It is a congratulatory open letter to Federal Reserve Chairman Jerome Powell and the rest of the Fed on beating inflation: Dear Jay, Mazel tov! You beat inflation and avoided a recession. Revel in the sweet taste of victory as you fly-fish with other central bankers at the annual symposium in Jackson Hole, Wyoming.

Banks 98

Banks 98

FinSMEs

AUGUST 18, 2023

Coachbetter, a Zürich, Switzerland-based SportTech startup, raised $2.9M in Seed-Plus funding. The round was led by Brighteye Ventures and ZEN11Holding, with participation from a pool of investors around DAZN Group Executive Vice Chairman John Gleasurem, as well as 2018 FIFA World Cup winner and former Premier League star Steven Nzonzi. The company intends to use […] The post Coachbetter Raises $2.9M in Seed-Plus Funding appeared first on FinSMEs.

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Funds Investors Startups Companies 98

Fintoo

AUGUST 16, 2023

Markets opened lower on Wednesday on the back of weak global cues but recouped losses to close above 19,450 on the back of a recovery in Auto and IT stocks while Bank Nifty ended with losses. The crucial trigger for markets may come from the movement of USDINR which has been sustaining above major breakout […] The post Market Morning Notes For 17th Aug 2023 appeared first on Fintoo Blog.

Banks 98

Banks 98

The Motley Fool

AUGUST 18, 2023

Image source: Getty Images Summer is commonly a popular time to travel , and you might have plans to hit the road this Labor Day weekend. But given the cost of gas right now and the potential for further hikes over the next couple of weeks, your holiday weekend road trip might prove to be a budget-buster. On a national level, the average price for a gallon of regular gasoline reached $3.85 a gallon on Aug. 14, according to AAA.

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Debt 98

Entrepreneur - VC

AUGUST 14, 2023

Video shows two separate "flash mob" robberies that hit malls in California in the past week. Thieves stole an estimated $400,000 combined worth of luxury designer goods.

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FinSMEs

AUGUST 18, 2023

LighthouseAI, a Los Angeles, CA-based provider of compliance solutions for the pharmaceutical supply chain, raised $2.25M in funding. The round was led by Healthy Ventures with participation from Bertelsmann Next. The company intends to use the funds to accelerate the growth and development of its flagship product suite, to enhance features and functionalities, scale operations, […] The post LighthouseAI Raises $2.25M in Funding appeared first on FinSMEs.

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Funds Companies 98

Top 1000 Funds

AUGUST 16, 2023

The discourse around ESG investing may be “messy” but Mercer’s global chief investment strategist, Rich Nuzum, says media and political scrutiny can help sharpen the focus of pensions and sovereigns on their objectives and duties.

Investing 98

Investing 98

The Motley Fool

AUGUST 18, 2023

As Bitcoin (CRYPTO: BTC) keeps bumping frustratingly into the $30,000 mark and down again, some cryptocurrency fans might lose patience and bail. That's a shame, as the HODL (Hold On for Dear Life) strategy has richly rewarded many of Bitcoin's long-term investors. Meanwhile, some investors would prefer to stay in the world of stocks and exchange-traded funds (ETFs) rather than dabble in direct cryptocurrency trading.

Investing 98

Investing Exchange-Traded Funds Investors Shareholders 98

Entrepreneur - VC

AUGUST 16, 2023

Amid the frenzy of Taylor Swift's record-breaking Eras tour, the author embarks on a quest to secure highly coveted tickets for her daughter. Through the emotion-charged experience, she distills key insights into the world of personal branding, drawing lessons from Swift's authenticity, adaptability, engagement, and social advocacy that are invaluable for shaping a strong leadership brand.

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FinSMEs

AUGUST 17, 2023

Highlight, a NYC-based in-home product testing platform provider, raised $18m in Series A funding. The round, which brought the total funding raised to date to over $30m, was led by Acre Venture Partners and HearstLab with participation from Ingeborg Investments and GS Futures, as well as a Jag Bath and Ryan Nece. The company intends […] The post Highlight Raises $18M in Series A Funding appeared first on FinSMEs.

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Funds Investing Companies 98

Fintoo

AUGUST 15, 2023

Markets managed to recoup losses on Monday to end unchanged despite breaching an intermediate low of 19,296 in early trading hours. The breakout in India VIX above 11.5 along with USDINR sustenance above 83 in international exchanges poses a major threat to the Indian markets. The rise in USDINR would provide early indications about unwinding […] The post Market Morning Notes For 16th Aug 2023 appeared first on Fintoo Blog.

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The Motley Fool

AUGUST 18, 2023

In order to curb soaring inflation, the Federal Reserve embarked on an aggressive path of raising interest rates that started in early 2022. The pace of rate hikes has been the fastest in history, and some market participants are still worried that a recession could be on the horizon, despite the resilient U.S. economy. Unemployment is still low, inflation is cooling down, and the labor market is strong.

Investors 98

Investors Debt Portfolios Capital 98

Entrepreneur - VC

AUGUST 16, 2023

The owner of San Francisco luxury department store Gumps took out a full-page ad in "The San Francisco Chronicle" to express concern over the city's current state and call on city officials to clean up the streets.

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FinSMEs

AUGUST 17, 2023

Caden, a New York-based data intelligence company, raised $15M in Series A funding. The round was led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others. The company intends to use the funds to accelerate product development, enhance market activation, and […] The post Caden Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 98

Funds Capital Companies 98

Top 1000 Funds

AUGUST 14, 2023

Norway’s giant sovereign wealth fund took out the top spot in this year’s Global Pension Transparency Benchmark. Amanda White talks to CEO of Norges Bank Investment Management, Nicolai Tangen, about why transparency is important and why under his leadership Norges aims to be the best fund in the world.

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Funds Banks Investing Pension Funds 98

The Motley Fool

AUGUST 18, 2023

Image source: Getty Images Many families struggle to afford food. Michigan is just one state impacted by food insecurity, leaving many families to go without. According to Feeding America, a nonprofit that provides food to more than 40 million people annually, one in nine people in Michigan faces hunger. The stats are even worse for children. One in eight children in the state faces food insecurity.

Banks 98

Banks Education Financing Finance 98

Entrepreneur - VC

AUGUST 15, 2023

Self-driving vehicles have hit the streets of San Francisco, and some locals are less than thrilled, especially after an unexpectedly traffic jam was triggered over the weekend.

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FinSMEs

AUGUST 17, 2023

ProjectDiscovery, a San Francisco, CA-based open source security company, raised $25M in Series A funding. The round was led by CRV, with participation from Point72, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima and Talha Tariq, among others. The company intends to use the funds to expand operations and its business reach.

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Financing Finance Capital Funds 98

The Big Picture

AUGUST 14, 2023

Previously : Nobody Knows Nuthin’ (May 5, 2016) Can Anyone Catch Nokia? (October 26, 2022) Why the Apple Store Will Fail (May 20, 2021) “No matter how you cut it, you’ve got to own Cisco” -2000 (May 15, 2023) Nobody Knows Anything, 2023 First Half Edition (June 30, 2023) Nobody Knows Anything (Collection) The post Nobody Knows Anything, Calvin & Hobbes edition appeared first on The Big Picture.

Financing 98

Financing Finance 98

The Motley Fool

AUGUST 18, 2023

Cable television companies are still losing customers. in droves. That's the big takeaway from last quarter's fiscal results for the industry, anyway. All told, another 1.7 million people in the U.S. cut the cord during the second quarter. The contraction hasn't altered its pace since before, during, and now after the COVID-19 pandemic. And nothing credibly suggests these cancellations will slow down anytime soon.

Investors 98

Investors Shareholders Companies Returns 98

Entrepreneur - VC

AUGUST 15, 2023

In this episode of the Jeff Fenster show, guest Drew Brees shares his experience of overcoming adversity and achieving success. Brees recounts his experience of suffering a serious knee injury in high school, which cost him his football, basketball, and baseball seasons.

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FinSMEs

AUGUST 17, 2023

SportsVisio, a Miami, FL-based AI-powered software company bringing image-based and deep learning to the sports analytics space, raised $3M in Seed funding. The round was led by Sapphire Sport. The company intends to use the funds to expand operations and its business reach. Founded in 2021 by CEO Jason Syversen, SportVisio provides artificial intelligence (AI) technology […] The post SportsVisio Raises $3M in Seed Funding appeared first on FinSMEs.

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Funds Companies 98

Fintoo

AUGUST 13, 2023

Markets extended losses for the third straight week with FIIs opening aggressive short positions in future segment and forcing Nifty to breach 19500 on Friday’s trading session. The outlook for market remains bearish with spread of Nifty 50- Nifty 500 breaching key support. A breach of support would indicate more addition of short positions in […] The post Market Morning Notes For 14th Aug 2023 appeared first on Fintoo Blog.

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The Motley Fool

AUGUST 18, 2023

Image source: Getty Images Self-employment can really be a mixed bag. On the one hand, it's nice to set your own hours and, in some cases, work from anywhere. On the other hand, being self-employed means grappling with an income that might vary substantially from one month to the next. That could make it difficult to keep up with recurring expenses like car and mortgage payments.

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