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Here's How Billionaires Buy Stocks

The Motley Fool

Bonus offer: unlock best-in-class perks with this brokerage account Read more: best online stock brokers for beginners 1. Self-directed brokerage account This option is for billionaires who want to do all of their investing themselves. There's usually no minimum amount of money needed to open a self-directed brokerage account.

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Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

After yesterday’s sale, Mr Khuda’s stake in AirTrunk has been reduced to 5pc, and is worth more than $500 million after the company’s debt is factored in, sources close to the transaction said. The deal triggers a large performance fee for ASX-listed Macquarie Group, which manages the fund. This is a huge deal.

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CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

In the first half of 2023, higher financing costs hurt the Caisse’s private-equity portfolio, which posted a return of 1.4 In the short term, the portfolio was constrained by higher financing costs, which influenced the performance of certain private companies,” the pension fund said. per cent. “In per cent return.

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Transcript: David Layton

The Big Picture

And so we are very, very focused on making our boards the center of vision and strategy and accountability. Our board members work more intensively with our companies, have a greater time commitment than most board members are used to. It’s been one of the best performing asset classes for decades.

Assets 59
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Transcript: Mathieu Chabran

The Big Picture

CHABRAN: The technology itself was excess of cash, interest rates are at zero, I get negative cash, negative interest on my cash account, so here’s the cash and I may opt out. And I think this is where the industry should be heading. How do you look at those? Saba Capital is one, a few others did the same thing.

Banks 59
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Sagard launches PE fund targeting retail investors

Private Equity Wire

Despite retail investors holding over 50% of global wealth in 2023, they accounted for just 16% of the alternative assets under managementaround $4tnaccording to consulting firm Bain & Co. Sagard, along with some clients, will initially seed the fund with CAD50m, primarily for acquiring stakes in middle-market private companies.