A Wealth of Common Sense

NOVEMBER 19, 2023

The S&P 500 last hit a new all-time high on January 3, 2022. The market has been slowly but surely working its way back to new highs but we’ve been underwater for nearly two years now: The market is within spitting distance of new highs but stocks have gone nowhere for almost two years. We’re a little less than four years into the 2020s and half of those years have seen no new highs but there have already.

Stock Market 113

Stock Market Stock Market 113

The Motley Fool

NOVEMBER 18, 2023

Image source: Getty Images If you've had your eye on buying a house lately, you've likely felt the sting of opening the Zillow app and finding suboptimal homes for sale at suborbital prices. You can thank both the pandemic-fueled home-buying frenzy and soaring mortgage interest rates for the sticker shock. The average selling price for a home has jumped 27.7% over the past three years.

Debt 278

Debt Banks Financing Finance 278

Private Equity Insights

NOVEMBER 20, 2023

Blackstone Inc. is the frontrunner to win a roughly $17bn portfolio of commercial-property loans from the Federal Deposit Insurance Corp.’s sale of Signature Bank debt, according to people familiar with the matter. Regulators seized the failed bank in March and have been marketing loans backed by retail, industrial, office and apartment buildings. FDIC officials are now in final discussions to declare Blackstone’s bid as bringing the lowest costs to the agency, some of the people said.

Banks 246

Banks Portfolios Bidding Asset Management 246

PE Hub

NOVEMBER 21, 2023

The business provides liquid meters, integrated load management metering systems and related digital services. The post OEP to carve-out TechnipFMC’s Measurement Solutions biz appeared first on PE Hub.

211

211

Private Equity Info

NOVEMBER 20, 2023

The best indicator of a private equity firm’s interest in a specific industry is that they've already made a similar investment.

Investors 196

Investors Investing 196

The Motley Fool

NOVEMBER 22, 2023

Image source: Getty Images Many people are in the habit of using payment platforms like Venmo for personal or small business use. These platforms make it easy for independent contractors and individuals to get paid. The IRS wants to crack down on third-party payment reporting and was initially planning to require these platforms to issue a 1099 form to anyone who received more than $600 in payments in 2023.

Taxes 273

Taxes Returns 273

PE Hub

NOVEMBER 20, 2023

Fairfax currently owns around 61.4 percent of Farmers Edge’s common shares. The post Fairfax Financial submits proposal to take Farmers Edge private appeared first on PE Hub.

208

208

A Wealth of Common Sense

NOVEMBER 24, 2023

Personal finance was my first love in the money world. I was a saver before I ever knew what investing even was. Yet my relationship with personal finance has evolved as I’ve aged and changed my habits. Many of the personal finance rules written in stone will always apply. Live below your means. Pay yourself first. Stay out of credit card debt.

Financing 133

Financing Finance Debt Investing 133

The Motley Fool

NOVEMBER 22, 2023

Shares of Amazon (NASDAQ: AMZN) gave up 1.5% of their value on Tuesday, but are getting all those losses back -- and more -- on Wednesday morning, rising 2.1% through 10:45 a.m. ET. The e-commerce giant initially stumbled on reports that company founder Jeff Bezos had gifted some 1.6 million Amazon shares (worth nearly $240 million) to charity, and might be preparing to sell between 8 million and 10 million more shares in the near future -- more than $1 billion in stock sales.

Bidding 264

Bidding Financing Finance Investors 264

FinSMEs

NOVEMBER 21, 2023

Vendelux, a NYC-based provider of an AI-powered event intelligence platform, raised $14M in Series A funding. The round was led by FirstMark Capital with participation from Cervin Ventures, the founders of HLTH, ShopTalk, Money20/20 (Jonathan Weiner), Manifest, Blueprint (Jay Weintraub), and SaaStock (Alex Theuma). The company intends to use the funds to expand its geographic footprint, […] The post Vendelux Raises $14M in Series A Funding appeared first on FinSMEs.

Funds 117

Funds Capital Companies 117

PE Hub

NOVEMBER 23, 2023

BMI is a performing rights organization based in New York. The post New Mountain Capital to buy majority stake in Broadcast Music appeared first on PE Hub.

Stakes 222

Stakes Capital 222

Blackstone News

NOVEMBER 22, 2023

LONDON, UK – November 22, 2023 – Blackstone (NYSE: BX), the world’s largest alternative asset manager, announced today that private equity funds managed by affiliates of Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Civica, a global leader in public sector software solutions, from Partners Group, a leading global private markets firm, acting on behalf of its clients.

Education 111

Education Asset Management Assets Debt 111

The Motley Fool

NOVEMBER 24, 2023

Once a rising star among Alibaba's (NYSE: BABA) diversified businesses, Alibaba Cloud has fallen from grace lately, with revenue growth coming to a halt. And just when investors hoped that a complete spin-off of Alibaba Cloud from the group would rekindle growth and unlock shareholder value, the parent company's recent decision to cancel the spin-off further confused investors.

Prospects 260

Prospects Leveraging Shareholders Investors 260

FinSMEs

NOVEMBER 23, 2023

Entropica Labs, a Singapore-based quantum software company, raised US$ 4.7M in Series A funding. The round was led by Liftt and existing investor Wavemaker Partners. Additional investors included SEEDS Capital, CerraCap Ventures, SUTD Venture Holdings, and previous seed investors, Elev8 VC. The company intends to use the funds to expand the team, continue leveraging existing […] The post Entropica Labs Raises US$ 4.7M in Series A Funding appeared first on FinSMEs.

Funds 113

Funds Leveraging Capital Investors 113

PE Hub

NOVEMBER 20, 2023

The transaction was done in partnership with VIVE's management and Garnett Station Partners. The post Greenbriar recaps collision repair operator VIVE appeared first on PE Hub.

206

206

A Wealth of Common Sense

NOVEMBER 21, 2023

I’ve been writing about how demographics are destiny in the housing market for nearly a decade (see here, here and here). This has mainly been from the perspective of millennials because that’s my demographic. Following the Great Financial Crisis, many pundits assumed millennials would never settle down, own a home or buy a car. They would simply live in a big city and eschew the typical path to the suburbs.

109

109

The Motley Fool

NOVEMBER 24, 2023

When Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett weighs in on stocks or the U.S. economy, investors tend to pay close attention. That's because the Oracle of Omaha has a phenomenal investment track record. Since becoming CEO in the mid-1960s, he's led his company's Class A shares to an annualized return of 19.8% (as of Dec. 31, 2022), which is double the 9.9% annualized total return, including dividends, generated by the benchmark S&P 500 over the same timeline.

Portfolios 246

Portfolios Investing Banks Assets 246

FinSMEs

NOVEMBER 23, 2023

Crezco, a London, UK-based fintech company that uses open banking to make B2B invoice payments easy and secure, has secured $12m in Series A funding. The round was led by MMC Ventures and 13Books Capital. The company intends to use the funds to expand operations and its business reach. Led by Ralph Rogge, Founder and […] The post Crezco Receives $12M in Series A Funding appeared first on FinSMEs.

Funds 113

Funds Banks Capital Companies 113

PE Hub

NOVEMBER 22, 2023

Longview is a Vancouver-based communications and public affairs advisory company. The post KKR-backed FGS bags Longview Communications and Public Affairs appeared first on PE Hub.

Companies 196

Companies 196

Top 1000 Funds

NOVEMBER 19, 2023

The numbers behind CalPERS hunt for a new CIO: 55 applicants so far; a $300,000 budget to secure a candidate; and a process of candidates submitting to 40-odd checks including credit checks and social media history.

105

105

The Motley Fool

NOVEMBER 24, 2023

In Q3, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold $7 billion worth of public equity holdings , including its entire stake in United Parcel Service (NYSE: UPS). Let's look at how meaningful the sale was to Berkshire, its exposure to the transportation industry, and whether you should follow Berkshire's lead and sell the dividend stock too. Image source: Getty Images.

Stakes 246

Stakes Assets Shareholders Portfolios 246

FinSMEs

NOVEMBER 23, 2023

Aelius Biotech, a Newcastle Upon Tyne, UK-based testing services provider for pharmaceutical and nutrition companies, raised $1.25M in funding. The round was led by North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures. The company intends to use the funds to meet demand by relocating from the university into laboratories […] The post Aelius Biotech Raises £1.25M in Funding appeared first on FinSMEs.

Funds 113

Funds Companies 113

PE Hub

NOVEMBER 21, 2023

Innoliva Group is a Spanish extra virgin olive oil producer and processor. The post Cibus Capital sells Spain’s Innoliva to Fiera Comox Partners appeared first on PE Hub.

Capital 197

Capital 197

The Big Picture

NOVEMBER 23, 2023

My Turkey Day reads: • The Wild World Inside Your Gut : We tackled everything from heartburn, stress, spicy foods and colon cleanses to antibiotics and more. So grab a kombucha, get comfortable and read on for everything you’ve wanted to know about the wild world inside your gut. ( New York Times ) • These People Are Responsible for Thanksgiving’s Most Polarizing Food : How did a berry synonymous with one day of the year become the crown jewel of a billion-dollar business cooperative?

Prospects 103

Prospects 103

The Motley Fool

NOVEMBER 24, 2023

Image source: Getty Images If you could win thousands of dollars for keeping your cash in the bank , would you save more? That's the question that credit unions and fintech firms alike are asking. And for many Americans, the answer appears to be a resounding "Yes!" Prize-linked savings accounts, which offer a cash lottery just for depositing your money, are on the rise.

Accounting 246

Accounting Financial Institutions Banks Debt 246

FinSMEs

NOVEMBER 20, 2023

Plumm, a London, UK-based B2B business providing employers with an innovative software platform to deliver mental health support to their employees, received a £2.2M investment from IW Capital. The company intend sto use the funds to grow its partnerships, sales and marketing teams, and expanding operations within the UK and internationally in the EU, Middle […] The post Plumm Receives £2.2M Investment from IW Capital appeared first on FinSMEs.

Capital 109

Capital Investing Funds Companies 109

PE Hub

NOVEMBER 20, 2023

The requirement for operational value creation has escalated amid a deal downturn. The post Accenture’s Jay Scanlan: Deal partners request more ideas, increased support from operating pros appeared first on PE Hub.

193

193

Private Equity Wire

NOVEMBER 21, 2023

Pathlight Capital (Pathlight), a $2.7bn private credit firm that provides asset-based loans secured on a first or second lien basis against tangible and intangible assets, has appointed Laura Hegarty as Managing Director, Investor Relations. Hegarty, who will focus on fundraising initiatives for the firm, has over 20 years of experience in business development, marketing and investor relations in the alternative asset industry and has helped raise billions of institutional capital across private

Hedge Funds 100

Hedge Funds Capital Investors Assets 100

The Motley Fool

NOVEMBER 24, 2023

After some shuffling of its business in the last couple of years, small IoT (Internet of Things) chip stock Semtech (NASDAQ: SMTC) has fully completed a boom-to-bust cycle. After nearly doubling in value from 2020 to late 2021, Semtech stock is now down more than 80% from those late 2021 all-time-highs and remains near multi-decade lows. Management is predicting sales to remain relatively stable in the next quarter, but profit margins to dip further as global economic worry mounts.

Enterprise Values 246

Enterprise Values Debt Investors Companies 246

FinSMEs

NOVEMBER 20, 2023

San Francisco, CA, November 20th, 2023, Chainwire Latest Round Led by Placeholder to Fuel Layer-1 Protocol with Fastest Developer Growth this Cycle Saga, a top Layer-1 protocol and developer ecosystem in web3, today announced the raise of its $5 million seed extension round led by Placeholder, a premier venture capital firm that invests in decentralized […] The post Saga Announces Seed Extension Raise of $5M for Accelerated Growth appeared first on FinSMEs.

Venture Capital 109

Venture Capital Capital Investing 109

PE Hub

NOVEMBER 22, 2023

The net purchase price of the acquisitions is expected to be $1.1 billion (C$1.5 billion). The post Capital Power to buy two US gas plants, partners with BlackRock appeared first on PE Hub.

Capital 192

Capital 192

Private Equity Wire

NOVEMBER 23, 2023

Private equity funds managed by Blackstone, the world’s largest alternative asset manager, are to acquire Civica, a global specialist in public sector software solutions, from private markets firm Partners Group. Financial terms of the transaction have not been disclosed. Civica was founded in 2001 and has since grown into one of the UK’s largest software companies providing automating and streamlining technology services to clients that range from local to central and federal government, health

Education 98

Education Asset Management Assets Portfolios 98

The Motley Fool

NOVEMBER 24, 2023

Healthcare tends to be a major expense for seniors. And paying for it without stress often hinges on having the right Medicare coverage in place. If you're not so happy with your current Medicare coverage, you're in luck. Right now, the program's annual open enrollment period is underway. During this time, you can switch from one Part D drug plan to another or swap an existing Medicare Advantage plan for a new one that may offer better benefits or be more cost-effective.

Accounting 246

Accounting 246

FinSMEs

NOVEMBER 21, 2023

SeeChange Technologies, a Manchester, UK-based company which specialises in retail-focused visual AI, raised £8M in Seed funding. The round was led by TriplePoint, with participation from new investors including Runa Capital and True Capital, and original investor Crane Venture Partners. The company intends to use the funds to expand commercial deployment and strengthen its commercial […] The post SeeChange Technologies Raises £8M in Seed Extension Funding appeared first on FinSMEs.

Funds 109

Funds Capital Investors Companies 109