article thumbnail

Blackstone leads $2bn deal for PE-owned accounting firm

Private Equity Insights

A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. This could mark Blackstones first investment in the accounting sector. read more US Pipeline Operator ONEOK Inks Two Deals for $5.9

article thumbnail

Here's How Much Money You Can Make With $10,000 in a High-Yield Savings Account

The Motley Fool

Image source: The Motley Fool/Upsplash A lot of people don't give much thought to their savings accounts. See our expert picks for the best FDIC-insured high-yield savings accounts available today - enjoy peace of mind with competitive rates. Meanwhile, the best high-yield savings accounts have APYs ranging from about 3.75% to 4.50%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Is the Required Minimum Distribution (RMD) if You Have $1 Million in Your Retirement Account?

The Motley Fool

One of the biggest perks of investing in a tax-advantaged retirement account like a 401(k) or traditional IRA is that your contributions are tax-deductible upfront. To prevent people from avoiding taxes altogether by never pulling money from their accounts, the IRS imposes required minimum distributions (RMDs) starting at age 73.

article thumbnail

Blackstone leads $2bn deal for majority stake in accountancy firm Citrin Cooperman

Private Equity Wire

Private investment giant Blackstone, in partnership with smaller investors, is acquiring a majority stake in Citrin Cooperman, a US accounting firm, in a deal that values the company at over $2bn, according to a report by the Financial Times. Private equity has driven a wave of mergers and acquisitions in the accounting sector.

Stakes 98
article thumbnail

I Started My First Retirement Account at 40 and I'm Here to Tell You It's Never Too Late

The Motley Fool

I'm a brand-new retirement investor, having opened my first-ever retirement account just a few months ago at age 40. I grew up in a household with multiple small businesses and an often shaky financial situation, rather than with parents with office jobs who contributed diligently to employer-provided retirement accounts.

article thumbnail

Investcorp triumphs after ‘highly competitive process’ from Malaysian pension major to run $110m PE managed account

AltAssets

Investcorp has been picked by Malaysian pension major Kumpulan Wang Persaraan to run a private equity separate account of more than $110m. The post Investcorp triumphs after ‘highly competitive process’ from Malaysian pension major to run $110m PE managed account appeared first on AltAssets Private Equity News.

article thumbnail

3 Top Buffett Stocks to Buy and Hold for the Long Haul

The Motley Fool

Amazon Amazon, the world's largest e-commerce and cloud infrastructure company, accounts for 0.70% of Berkshire's portfolio. Visa Visa, the world's top card payments processor, accounts for 1% of Berkshire's portfolio. Those partners handle all the accounts and customer debt, while Visa only charges "swipe fees" of 1.5%-3.5%