The Motley Fool

NOVEMBER 5, 2024

The S&P 500 (SNPINDEX: ^GSPC) is up 20% through Nov. 1. But within the index, these five stocks have produced even higher returns with each one more than doubling this year. Image source: Getty Images. 1. Vistra Vistra (NYSE: VST) stock is up 210%. The company sells electricity and also produces power (including nuclear) and renewable fuels. The gains have partly been driven by the growing need for electricity, particularly among technology companies with large data centers, like Microsoft a

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Private Equity Wire

NOVEMBER 6, 2024

With the Private Capital Summit Europe 2025 just three months away, Aftab Bose, Private Equity Wire’s Head of Content, outlines why next year’s flagship European event is a ‘must-attend’ for GPs and LPs alike… What is the aim of the Private Capital Summit Europe 2025? Private markets are transforming the world. Look at the role they’re playing in tech advancement, the green transition, sports, music and entertainment, and other critical sectors and economies worldwide.

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Education Pension Funds Leveraging Capital 92

A Wealth of Common Sense

NOVEMBER 3, 2024

It’s been a good year in the stock market. Through the close on Friday, the U.S. stock market is up 20% in 2024. The Russell 3000 Index is a good approximation of the total U.S. stock market. The index now has a little less than 2,700 stocks. Out of 2,670 stocks, 101 are up 100% or more this year (3.8% of the total). Thirteen stocks are up 300% or more, five are up 500% or greater and there is one stock in the one c.

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Stock Market Stock Market 134

FinSMEs

NOVEMBER 5, 2024

Vertafore, a Denver, CO-based company providing end-to-end connectivity solutions, acquired Surefyre, a San Francisco, CA-based provider of a submission and underwriting workbench platform purpose-built to empower MGAs and wholesalers. The amount of the deal was not disclosed. This acquisition will further consolidate Vertafore’s position by adding Surefyre’s AI enabled, low-code/no-code solution to its MGA ecosystem of […] The post Vertafore Acquires Surefyre appeared first on

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Companies 109

AltAssets

NOVEMBER 4, 2024

Littlejohn & Co has acquired modular building specialist Sunbelt Modular, which was founded more than 45 years ago. The post Deal Roundup: Littlejohn buys Sunbelt Modular, Renovus seals majority investment in Performive appeared first on AltAssets Private Equity News.

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The Motley Fool

NOVEMBER 5, 2024

Image source: The Motley Fool. Coupang (NYSE: CPNG) Q3 2024 Earnings Call Nov 05, 2024 , 5:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, everyone. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coupang 2024 third-quarter earnings conference call.

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FinSMEs

NOVEMBER 4, 2024

Algebrik AI, a NYC-based provider of a cloud-native and AI-powered digital era loan origination platform, raised $4M in Series A funding. The closing of the investment is subject to obtaining appropriate regulatory approvals. Backers were not disclosed. The company intends to use the funds to accelerate the development of its software and advance its solutions […] The post Algebrik AI Raises $4M in Series A Funding appeared first on FinSMEs.

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Private Equity Wire

NOVEMBER 5, 2024

Astorg is expanding its Portfolio Performance team with two senior hires based in London – Keith Beattie as Partner to oversee the portfolio Operations team and Markus Nagel as Managing Director to the Operational Finance practice. Beattie will report to Benjamin Cordonnier, Head of Portfolio Performance and Partner, Business Services while Nagle will report to Beattie.

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Blackstone

OCTOBER 31, 2024

With 2024 in its final stanza, the world faces a trio of interconnected, generation-defining events, each with highly uncertain outcomes: an emotionally charged US presidential election, an escalating war in the Middle East, and the ongoing conflict in Ukraine. It’s easy to feel overwhelmed by the gravity of events like these. How we choose to view them depends very much on our own perspectives.

Banks 109

Banks Mergers and Acquisitions Assets Investment Horizon 109

The Motley Fool

NOVEMBER 5, 2024

Intel (NASDAQ: INTC) stock popped Friday after it reported ugly third-quarter results but its outlook for the fourth quarter was better than expected. However, the celebration was short-lived, as S&P Global announced after hours that rival Nvidia would replace Intel in the Dow Jones Industrial Average (DJINDICES: ^DJI). S&P Global said that the move would give a more representative exposure to the semiconductor industry as the Dow Jones is a price-weighted index and Nvidia's share price

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A Wealth of Common Sense

NOVEMBER 5, 2024

As Charlie Munger liked to say, “Invert, always invert.” Here are some things about investing that I don’t believe: I don’t believe there is a sole way to invest. Everyone has a different emotional make-up and lesser version of themself. Plus, experiences and circumstances can shape your attitudes towards risk and return. There are a lot of strategies that can work.

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FinSMEs

NOVEMBER 5, 2024

Abu Dhabi, United Arab Emirates, 5th November 2024, Chainwire The post Jambo and Lif3 Partner to Make Crypto Payments Accessible to Millions of Users in Emerging Markets appeared first on FinSMEs.

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Private Equity Wire

NOVEMBER 1, 2024

Brookfield Asset Management (BAM) is relocating its head office from Toronto to New York, in a strategic move aimed at increasing visibility in US stock indexes and attracting a wider pool of institutional and active public investors, according to a report by Bloomberg. The relocation is aimed at aligning the Canadian alternative investment giant more closely with US-focused indices, which could broaden its investor base and strengthen its presence in the largest market for its operations.

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AltAssets

NOVEMBER 5, 2024

Mid-market investor Saw Mill Capital has raised $435m for the final close of its third flagship fund targeting industrial services, professional services and engineered products companies. Saw Mill previously raised $270m for its debut fund way back in 2007, and $340m for Fund II in 2017. Never miss a story! Click to sign up to AltAssets’ free […] The post Saw Mill Capital seals $435m for biggest private equity fund yet appeared first on AltAssets Private Equity News.

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Capital Professional Services Funds Investors 91

The Motley Fool

NOVEMBER 5, 2024

Masayoshi Son is one of the most celebrated investors in modern history. As CEO of Japanese holding company SoftBank , Son has a rich history of architecting savvy investments across a host of different industry sectors. Sure, there have been some clunkers in SoftBank's portfolio (I'm looking at you, WeWork), but for the most part, Son seems to have a knack for identifying transformative technologies before they take off.

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Public Companies Returns Return On Investment Portfolios 246

A Wealth of Common Sense

OCTOBER 31, 2024

We also discussed questions about Roth vs. traditional retirement accounts, the pros and cons of targetdate funds, retiring in your mid-30s and what to do about big gains in Mag 7 stocks. Further Reading: What’s the Investment Case For Gold? 1I had our chart guy Matt cut off the tops of the gold chart here because some of the returns in the 1970s were so high.

Accounting 109

Accounting Returns Funds Assets 109

FinSMEs

NOVEMBER 4, 2024

The financial world has undergone significant transformation since the introduction of Bitcoin in 2009. What began as an experimental digital payment system has evolved into a diverse ecosystem of cryptocurrencies and blockchain applications. Today, cryptocurrencies, from established ones like Bitcoin to meme-inspired tokens like Shiba Inu coin, represent a new asset class that’s captured the […] The post Cryptocurrency Essentials: What Every New Investor Should Know appeared first o

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Private Equity Wire

OCTOBER 30, 2024

Blackstone has held the final close of the the first series of its evergreen institutional US direct lending fund, Blackstone Senior Direct Lending Fund (BXD), with approximately $22bn of investable capital, including expected leverage. Fundraising exceeded BXD’s original $10bn target and brings Blackstone’s global direct lending platform to over $123bn in assets under management as of the third quarter of this year.

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Funds Leveraging Capital Assets 111

AltAssets

NOVEMBER 5, 2024

Asset manager Capital Dynamics has raised about $1.1bn for its sixth flagship secondaries fund - a 40% jump compared to its last fund in the strategy. The post Capital Dynamics seals $1.1bn secondaries fund close, 40% more than predecessor fund appeared first on AltAssets Private Equity News.

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Capital Funds Asset Management Assets 85

The Motley Fool

NOVEMBER 5, 2024

The tide may be turning for tobacco stocks. After going through a 10-year period of zero returns -- including dividends -- British American Tobacco (NYSE: BTI) has posted a total return of 28% year to date. Investors are getting more bullish on the stock after the company called for a second-half acceleration of its business and strong organic revenue growth from 2026 onward due to greater contributions from its reduced-risk nicotine products.

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Returns Investors Companies Investing 246

Blackstone

OCTOBER 31, 2024

In our view, the intersection of digital infrastructure and the need for power is one of the most exciting and critical investment themes of our time. As AI continues to evolve, the demand for data centers and power will only grow, creating a wealth of opportunities. At Blackstone, we’re committed to being at the forefront of this megatrend, and I believe the next decade will bring tremendous value to investors who recognize the potential in this space.

Investing 99

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FinSMEs

OCTOBER 31, 2024

Flower, a Stockholm, Sweden-based energy tech company, raised additional €20M in funding, closing the total of Series A at €45M. The round was led by Northzone with additional investment from Giant Ventures, 82an Invest, Sony Innovation Fund, and angel investors Thomas von Koch and Sebastian Knutsson. Northzone General Partner Pär-Jörgen Pärson has also joined Flower’s board.

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Private Equity Wire

NOVEMBER 4, 2024

Campbell Lutyens has added to its secondary advisory practice with the appointment of Chirag H Shah as a Managing Director, Chirag who has over two decades of global private equity experience, will be based in the firm’s New York office. In his new role, Chirag will focus on GP and LP relationships across North America. Prior to joining Campbell Lutyens, Chirag spent 13 years as an institutional investor leading fund investments and co-investments at top investments, including the Alaska P

Mergers and Acquisitions 95

Mergers and Acquisitions Financing Finance Asset Management 95

AltAssets

NOVEMBER 1, 2024

GLM and its affiliated investment manager GoldenTree Asset Management has announced the closure of its $599m collateralised loan obligation. The CLO will be managed by GLM III. Following the closure of the CLO, GoldenTree has issued 29 CLO’s totalling approximately $16bn under its GLM CLO strategy. Since its creation in January 2017, the GLM […] The post GoldenTree Asset Management closes $599m CLO appeared first on AltAssets Private Equity News.

Asset Management 95

Asset Management Assets Investing Funds 95

The Motley Fool

NOVEMBER 5, 2024

Google's years-long run as the world's dominant internet search engine has turned Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) into a technology juggernaut worth over $2 trillion today. The stock has returned over 6,700% since its initial public offering (IPO) about 20 years ago, easily outpacing the S&P 500 's 680%. Companies grow up, mature, and then slow down.

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Million Dollar Round Table (MDRT)

NOVEMBER 3, 2024

By Irene Stolte, ChFC, CLTC If you’d like to discover new ideas and build connections, MDRT book clubs offer both. You will meet other MDRT members as you discuss takeaways from favorite business books, including how what you read changed your view of your life, personally and professionally. Here is a list of my favorite books read by MDRT book clubs: “The Go-Giver: A Little Story About a Powerful Business Idea” by Bob Burg and John David Mann This business parable is about a go-getter named Jo

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Consulting Consultants 81

FinSMEs

OCTOBER 31, 2024

Blue Earth Therapeutics Ltd, an Oxford, UK-based leader in the development of therapeutic radiopharmaceuticals, closed a $76.5M Series A financing. The round was led by Soleus Capital and co-led by Sands Capital Management with existing investor Bracco Imaging SpA also participating. Woodline Partners and PBM Capital also joined in the financing as new institutional investors.

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Financing Finance Capital Funds 111

Private Equity Wire

NOVEMBER 5, 2024

Shamrock Capital (Shamrock), an LA-based investment firm specialising in the media, entertainment, and communications sectors, has held the final closing of Shamrock Capital Growth Fund VI (Growth VI) and Shamrock Capital Clover Fund I (Clover I), with a combined $1.6bn in capital commitments. After launching the fundraise in Q1, Growth VI was quickly oversubscribed, ultimately surpassing its hard cap of $1.25bn, while Clover I also significantly surpassed its target, raising approximately $320m

Capital 92

Capital Pension Funds Funds Financial Institutions 92

AltAssets

OCTOBER 31, 2024

Stax LLC has appointed Sagar Bansal as a Director in its London office, enhancing its consulting expertise in private equity. With over ten years in strategy consulting, Bansal has advised on more than 100 deals, focusing on sectors like FinTech and RegTech. His experience spans significant engagements with large and mid-cap private equity and corporate […] The post Stax strengthens its London team with Sagar Bansal appointment appeared first on AltAssets Private Equity News.

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Consulting Consultants 97

The Motley Fool

NOVEMBER 5, 2024

When it comes to explaining the growth in tech stocks over the last two years, most investors will credit artificial intelligence (AI). To this end, stocks such as Nvidia reached record highs as customers and investors took great interest in its AI accelerators. Fortunately, the success of Nvidia and others does not mean investors are late to the party.

Investors 246

Investors Conglomerates Accounting Companies 246

Million Dollar Round Table (MDRT)

OCTOBER 31, 2024

By Apelles Poh Hong Pang Are you a positive or negative person? Do you struggle to deal with difficulties in your life? These three questions helped me reframe my perspective toward the problems I face. They are very practical, and we can apply them immediately to the challenges confronting us now. What could have been worse? “I complained that I have no shoes, until I saw someone with no feet.

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FinSMEs

OCTOBER 31, 2024

MealMe, a San Francisco, CA-based provider of an API for food ordering, raised $8M in Series A funding. The round was led by Mercury Fund with participation from existing investors Palm Drive Capital and Gaingels. The company intends to use the funds to increase store selection while providing developer support and uptime to customers. Founded […] The post MealMe Raises $8M in Series A Funding appeared first on FinSMEs.

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Funds Capital Investors Companies 108

Private Equity Wire

NOVEMBER 6, 2024

Apollo Global Management reported a 12% rise in third-quarter profit on Tuesday, outperforming Wall Street expectations as it secured more assets and originated record levels of debt and other capital, according to a report by Reuters. The alternative asset manager posted an adjusted net income of $1.13bn, or $1.85 per share, for the quarter ending 30 September, surpassing analysts’ forecast of $1.72 per share, according to LSEG data.

Asset Management 74

Asset Management Debt Assets Financing 74

AltAssets

OCTOBER 30, 2024

Verdane, a European private equity firm, has raised €700m for its second fund dedicated to companies driving economic decarbonisation. As per Reuters, the fund, known as Verdane Idun II, more than doubled the hard cap of its predecessor, underlining the growing demand from a range of institutional investors from pension schemes to endowments and insurers, […] The post Verdane secures €700m in landmark decarbonisation fund appeared first on AltAssets Private Equity News.

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Private Equity Firms Private Equity Firms Funds Investors 97