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Bitcoin (CRYPTO: BTC) has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6).
The European mid-market for GP stakes is emerging as a compelling opportunity for private equity investors, according to a newly released whitepaper from Armen, a private investment firm focused on the sector. While GP stakes investing has long been established in the US, Europes market is experiencing a recent surge in activity.
I don't think there's a whitepaper out there that the Fed is pointing to that says, no, 2% is the correct long-term rate of inflation. If you're telling me that rates are going to stay high and go higher, the cost of capital is going to continue to rise, that worries me a little bit from a valuation perspective. laughs] I'm serious.
The round, led by global software investor Insight Partners with participation from existing investor General Purpose Venture Capital, will help solidify Rohirrim’s position as the market leader in domain-aware generative AI for the enterprise. As of June 30, 2023, the firm has over $80B in regulatory assets under management.
That's a distinctly different tone than the reluctant reviews of digital assets under the Biden administration. At the same time, it's easier and less costly to access debt-based capital when interest rates are low. Bitcoin's price chart has calmed down in recent years but it's still a volatile asset. Image source: Getty Images.
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