The Motley Fool

MAY 25, 2024

Risk assets usually perform better when interest rates are low. Cathie Wood, CEO and CIO at Ark Invest, believes spot Bitcoin ETFs will eventually capture about 5% of institutional assets under management, pushing the price of a single Bitcoin to $3.8 That includes banks like JPMorgan Chase , U.S. However, U.S.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Hedge Funds Exchange-Traded Funds Banks 246

The Motley Fool

SEPTEMBER 18, 2023

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

Investment Banking 130

Investment Banking Investment Banks Banks Hedge Funds 130

Private Equity Professional

JANUARY 8, 2025

BlackRock made headlines in late 2024 through the firms acquisition of HPS Investment Partners , backed by their expectation that the private debt market will more than double to $4.5 In late 2024, Wendel Group acquired a majority stake in Monroe Capital , and Third Point (Dan Loebs hedge fund) acquired AS Birch Grove.

Mergers and Acquisitions 100

Mergers and Acquisitions Financing Finance Banks 100

Axial

JANUARY 30, 2024

Axial is excited to release our 2023 Lower Middle Market Investment Banking League Tables. To assemble this list, we reviewed the 2023 deal-making activities of 807 investment banks and advisory firms that met the qualifications to be considered for league tables.

Investment Banking 105

Investment Banking Investment Banks Banks Mergers and Acquisitions 105

The Motley Fool

JULY 1, 2024

But it was going to be in the investment industry, regardless. Mary Long: I know that you worked at a hedge fund in another life, how did you wind up there? Ron Gross: Graduated graduate school, and got my first so called real job in the investing world as an equity research analyst at Standard and Poor's.

Hedge Funds 130

Hedge Funds Financing Finance Education 130

Private Equity Insights

JUNE 12, 2023

Thoma Bravo, a buyouts group that specialises in software deals and manages $127bn in assets, is set to receive a multibillion-dollar windfall from the sale. LSE’s cash and stock purchase of Refinitiv transformed LSE into a powerhouse vendor to hedge funds and investment groups using its financial data.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Companies Stock Exchanges 130

Private Equity Wire

SEPTEMBER 23, 2024

Enfusion, a US-based provider of financial software for asset managers, is in discussions with investment bankers to explore strategic options, including a potential sale, with operate equity firms among the interested parties, according to a report by Reuters. The company has yet to comment on the developments.

Hedge Funds 87

Hedge Funds Investors Asset Management Investment Banks 87

The Motley Fool

APRIL 23, 2024

Operationally, we delivered our highest Q1 recurring sales in analytics in a decade at $14 million, our best-ever Q1 of recurring sales among hedge funds at nearly $11 million, and another quarter of double-digit subscription run rate growth of 11% among asset owners, driven by index and analytics.

Mergers and Acquisitions 130

Mergers and Acquisitions Hedge Funds Asset Management Banks 130

Axial

OCTOBER 26, 2023

Axial is excited to release its Q3 2023 Lower Middle Market Investment Banking League Tables. These quarterly league tables reveal the top 25 investment banks active on the Axial platform in Q3. In Q3, 571 sell-side investment banks and M&A advisors brought a total of 2,360 deals to market.

Investment Banking 52

Investment Banking Investment Banks Banks Mergers and Acquisitions 52

The Motley Fool

AUGUST 12, 2024

Nvidia has been a phenomenal long-term investment, with shares surging 2,630% during the last five years. Steven Cohen of Point72 Asset Management sold 304,505 shares of Nvidia, reducing his stake by 55%. But readers should not interpret their trades to mean Nvidia is a bad investment.

Hedge Funds 100

Hedge Funds Funds Stakes Stock Exchanges 100

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. I thought this was an absolutely fascinating way to see the world of investment management. And I think you will also.

Liabilities 119

Liabilities Assets Banks Hedge Funds 119

The Big Picture

FEBRUARY 12, 2024

And eventually I got a job offer at Donaldson Lefkin Jenette, which is no longer here, but it was an investment bank of, of some note at the time. What gave you the confidence to say, sure, I could raise some money and launch a hedge fund and have my entire income dependent on how well we do? What were you 27 at the time?

Capital 117

Capital Hedge Funds Funds Mutual Funds 117

The Motley Fool

AUGUST 8, 2024

Ricky Mulvey: You too can invest in a hedge fund. He's been looking to raise funds for Pershing Square USA, which would be a closed-end fund. Originally looking to raise up to $25 billion so all investors can get in on these hedge fund strategies, Jason. Just the assets under management fees.

Hedge Funds 130

Hedge Funds Leveraging Prospects Debt 130

The Big Picture

OCTOBER 31, 2023

And so we’ve grown from a very small company with 29 partners back in 1979 to, as you noted, over a trillion dollars of assets and it become very diversified. We were originally very equity heavy back in the day, and we made a lot of investments on the fixed income side. It was April of 99. How do you define liquid alts?

Hedge Funds 64

Hedge Funds Mutual Funds Funds Due Diligence 64

Blackstone News

FEBRUARY 27, 2024

27, 2024) — Barclays PLC (“Barclays”) and Blackstone Credit & Insurance (“Blackstone”) today announced that Barclays Bank Delaware (“BBDE”) has entered into an agreement with insurance accounts managed by Blackstone’s Asset Based Finance group, to sell approximately US$1.1 LONDON and NEW YORK (Feb.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Banks Hedge Funds Financial Institutions 52

Pension Pulse

JANUARY 31, 2024

It is not monolithic and includes such varied enterprises as pension fund investment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others. The fund has ballooned to $50.7 over the three years.

Banks 59

Banks Pension Funds Financial Institutions Investing 59

The Motley Fool

JULY 14, 2023

billion, as well as $900 million of net investment securities losses in corporate. CCB client investment assets were up 18% year on year. Client investment assets were up 18% year on year, driven by market performance and strong net inflows across our advisor and digital channels. Investment banking revenue of 1.5

Banks 130

Banks Liabilities Capital Assets 130

The Motley Fool

MARCH 9, 2024

Mary Long: We can stick on the finance track for a second because you tell a story about a guy named Nick Epley and how he goes from being a teenager with a DUI charge to teaching a room full of hedge fund managers how to listen but he started there. Let me talk about one study that happened at an investment bank.

Hedge Funds 130

Hedge Funds Stakes Education Investment Banking 130

The Big Picture

SEPTEMBER 12, 2022

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. RITHOLTZ: Right. So from a U.S.

Banks 119

Banks Assets Capital Hedge Funds 119

The Big Picture

JULY 18, 2023

You start out spending five years at Ernst & Young doing hedge fund accounting. WAGNER: Yeah, I started as a certified public accountant and one of the early engagements that I was tasked with was in the space of asset management and I recall doing the audit on Jeffrey Vinik’s very first year as a hedge fund manager.

Capital 52

Capital Hedge Funds Funds Assets 52

The Big Picture

MAY 23, 2023

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest, Robin Grew, President of Man Group, $145 billion publicly traded hedge fund in the UK, and soon to be Man Group’s CEO. And now we, you know, we’re just shy of $145 billion of assets on the management across the entire credit curve.

Hedge Funds 64

Hedge Funds Financing Finance Funds 64

The Big Picture

JULY 2, 2024

But back to the fellowship, did it help you raise other assets that people say, oh, Peter Thiel is successful if he’s putting money into Eva? Scraping state judicial records, 00:17:55 [Speaker Changed] Litigation finance is a very obscure asset class. ’cause the returns are less than the initial investment.

Legal 59

Legal Hedge Funds Financing Finance 59

Pension Pulse

AUGUST 15, 2024

James Bradshaw of the Globe and Mail reports OMERS reports steady gains at mid-year mark in shift to bonds, credit: Ontario Municipal Employees Retirement System relied on steady returns from private assets, tailwinds from strong stock markets and a resilient U.S. dollar assets, which boosted its overall investment return by 1.7

Pension Funds 59

Pension Funds Assets Liabilities Banks 59

The Motley Fool

OCTOBER 13, 2023

And between our high-quality asset portfolio, our strong reserve levels are ample liquidity and our diversified earnings base, we are proving to our clients that we are truly a bank for all seasons. This helped drive investment banking revenue up 34%, albeit of a low base and a small wallet. Turning to the quarter.

Banks 130

Banks Capital Assets Accounting 130

The Big Picture

NOVEMBER 22, 2022

And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. SHAW: So AltFinance is focused on building diversity in the alternative investment industry. Kids that have an interest in investing. Your parent may work there.

Financing 59

Financing Finance Hedge Funds Venture Capital 59

The Big Picture

JULY 26, 2022

All-in, you’re $8 billion in assets totally. They could have been in investment banking. WEAVER: And you can overpay for any asset. And I think one of the great assets is if you have a whole team of managers that you can put in to run distressed things, you have a lot of options open to what you can look at.

Consultants 119

Consultants Consulting Private Equity Firms Private Equity Firms 119

The Big Picture

SEPTEMBER 23, 2024

They do everything from hard assets like real estate, infrastructure, aircraft, power plants, to private debt, event driven opportunities. Europe accounts for anywhere between a third and a half of their investments. That whole distressed debt department at city 00:06:31 [Speaker Changed] Banks are wanting to sell?

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

Pension Pulse

SEPTEMBER 6, 2024

Megacap tech stocks tumbled as investors dumped risk assets amid mounting worries about the health of the U.S. “The market’s oscillating between this idea of is bad news bad news, or is bad news good news, and the sense that it may revive hopes that the Fed moves more aggressively than markets anticipate.” Amazon slid 3.7%

Banks 52

Banks Pension Funds Hedge Funds Capital 52

The Big Picture

APRIL 4, 2023

 The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. This is really a fascinating story. Ken Kencel, welcome to Bloomberg.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

The Big Picture

FEBRUARY 28, 2023

They run over $135 billion in assets. David is on the global investment committee. I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. And I went to pitch this asset management guy on why he should come be a part of that process.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

JANUARY 9, 2024

Nobody in the world writes about markets, finance derivatives, hedge funds, you name it, the way Matt does. It was underwriting, you know, it was like doing investment banking, underwriting public offerings. How, how indexing works and how big asset managers like BlackRock or Vanguard or State Street work.

Mergers and Acquisitions 52

Mergers and Acquisitions Law Firms Hedge Funds Financing 52

The Big Picture

APRIL 18, 2023

When he began, PE was a little bit of a niche boutique sort of investment, and over the ensuing 25 years, it has grown to be really a major asset class with giant opportunities that have been expressed by then small, now very large companies, of which Blackstone is one of the largest. It is an institutionalized asset class.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Financing 64

The Big Picture

DECEMBER 5, 2023

They run over $27 billion in, in assets. And that was very important because when this was the dawning of what is now a big analyst program across the country in all banks and investment banks. There was no m and a departments in any investment bank really until the very late seventies.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

JUNE 11, 2024

We never used hedge funds, but we used private equity, you know, private lending, you know, very early on for an RIA, we were doing legal tax investments, trust services, planning, all under one roof. Well, we were there in the beginning on the private side, where has it gone from hedge funds to private investments.

Mergers and Acquisitions 64

Mergers and Acquisitions Consultants Consulting Taxes 64

The Big Picture

AUGUST 8, 2022

So, you got your assets whatever they are. But then the question is how do you fund those assets. And so, the question is how much gets funded by making promises to investors by debt. In other words, their entire finding — so what they do on the asset side, anybody can do, zero NPV, commercial real estate, whatever.

Banks 81

Banks Debt Financing Finance 81

The Big Picture

MARCH 27, 2023

She is an author and former hedge fund trader, specializing in distressed assets. Her book, “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”, is really a fascinating read. It’s very witty and charming, and revealing about an industry in a way that most books on hedge funds simply are not.

Hedge Funds 114

Hedge Funds Funds Assets Financing 114

The Big Picture

SEPTEMBER 10, 2024

Mike Wilson has been with Morgan Stanley since 1989, rising up through the ranks of institutional sales, trading, investing, banking to eventually becoming Chief Investment Officer and Chief US Equity Strategist. So I was really investment banking. What was that experience like? What was your trading career like?

Companies 64

Companies Pension Funds Hedge Funds Assets 64