Wed.Jan 08, 2025

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2 Agentic Artificial Intelligence (AI) Stocks to Consider Buying

The Motley Fool

Generative artificial intelligence (AI) has been the first big usage of AI. However, the next major wave may be agentic AI. Generative AI uses generative software models to create text, image, video, or audio content in response to a user prompt. An example would be asking ChatGPT a question and getting a text response. With agentic AI, meanwhile, automated AI agents will go out and complete assigned tasks autonomously without constant human supervision.

Returns 237
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Richard Lichter launches Causeway Equity Partners to address fundraising gap

Private Equity Insights

The founder of Newbury Partners, Richard Lichter, has started a new venture to support small private equity firms struggling with fundraising gaps. Causeway has introduced a fund aimed at capitalizing on a unique opportunity. This is due to the sluggish fundraising environment, which has impacted even strong firms with excellent track records. Known as Seasoned Primaries, these funds are 25% to over 50% committed at final closing, closely resembling traditional secondaries.

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Prediction: This 1 Artificial Intelligence Development Will Be a Once-in-a-Generation Opportunity for Nvidia

The Motley Fool

Nvidia (NASDAQ: NVDA) already has soared in the first stages of the artificial intelligence (AI) story. The company designs the most sought-after graphic processing units (GPUs), or chips that power crucial AI tasks, like the training and inferencing of models. Nvidia's GPUs take the No. 1 spot in the industry because they're the fastest around, helping customers save time and, eventually, money.

Companies 246
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GFL to cut $5.59bn deal with private equity firms Apollo and BC Partners

Private Equity Insights

GFL Environmental announced on Tuesday that it will sell its environmental services division in a deal worth $5.59bn. The Canadian waste management company based in Vaughan, Ontario plans to use the proceeds to reduce debt and repurchase shares. The business will be sold to private equity firms Apollo and BC Partners. GFL will retain a $1.18bn equity stake in the business, which contributed approximately 23% of its total revenue in the third quarter.

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New Boss at Boss Industries

Private Equity Professional

Graycliff Partners has acquired Boss Industries , a manufacturer specializing in power take-off and engine-driven air technology, from Wynnchurch Capital. Boss products include integrated air compressors, generators, spray coating and vapor recovery systems that are used in construction, firefighting, military, tire service, mechanics trucks, railroads, and mining applications.

Prospects 130
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Fubon Life Insurance to support KKR fund

Private Equity Insights

The Taiwanese insurance provider announces a $70m investment in private equity. The KKR North America Fund XIV, managed by KKR, has secured a $70 million commitment from Fubon Life Insurance. The Taiwan-based insurance company recently disclosed that it committed to the PE fund in December 2024. Using a buyout strategy, the fund seeks to invest in a number of industries, with a particular emphasis on North and Latin America.

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Why Serve Robotics Stock Skyrocketed 55% in December

The Motley Fool

Shares of Serve Robotics (NASDAQ: SERV) skyrocketed 55.2% in December, according to data provided by S&P Global Market Intelligence. As 2024 drew to a close, investors seemed to be increasingly hungry for investments on the more speculative side of the spectrum, and Serve certainly fits that description. Granted, if investors are going to make a more speculative investment, they could do far worse than Serve.

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Salt Creek Sells Roman to Matrix Adhesives Group

Private Equity Professional

Roman Products , a portfolio company of Salt Creek Capital , has been acquired by Matrix Adhesives Group , a portfolio company of Goldner Hawn. Roman Products is a manufacturer of wallcovering adhesives, primers and sealers, removers, and related tools used by professionals and do-it-yourselfers. According to the company, it is largest producer of wallpaper adhesive, primer, and removers in North America.

Capital 130
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KKR in battle with Bain Capital over $4bn takeover of Fuji Soft

Private Equity Insights

KKR pushes Fuji Soft to file lawsuits against Bain Capital, alleging violations of a non-disclosure agreement. According to a letter sent to Fuji Soft’s board on Monday, the US private equity firm is urging Fuji Soft to seek an injunction in order to stop Bain Capital’s alleged violation of an NDA, in light of a public battle between the two PE giants over the acquisition of the $4 billion Japanese software company.

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Why Quantum Computing Stocks Rigetti Computing, Quantum Computing, and D-Wave Computing All Plunged Today

The Motley Fool

Quantum computing stocks took a dive Wednesday after investors' perceptions about the outlook for the sector were dramatically corrected. Valuations in the nascent space had been riding high for about a month -- ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) unveiled its new Willow quantum computing chip, which achieved benchmarks never reached before, including performing calculations in minutes that would have taken standard supercomputers billions of years.

Investors 130
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M&A and JV Activity in Private Credit: What the Trend Could Mean for Borrowers

Private Equity Professional

The State of the Game The private credit arms race has taken the industry landscape by storm, with Ken Moelis citing the shift as the greatest change in the history of transactional finance. [1] Already enjoying years of measured growth, when banks and the broadly syndicated loan market stepped back from lending in 2023 due to market volatility, private credit stepped up, cementing private credits position as a force in financing markets.

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Why IonQ Stock Is Crashing Today

The Motley Fool

IonQ (NYSE: IONQ) stock is getting crushed in Wednesday's trading. The quantum-computing specialist's share price was down by 38.3% as of 2:38 p.m. ET and had been down by as much as 47.8% earlier in the session. That plunge followed public comments made by Nvidia CEO Jensen Huang about the outlook in the quantum-computing space. According to Huang, commercially viable quantum computers are likely much further away than many investors have been hoping.

Prospects 100
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Constellation Energy in talks to buy Calpine in big US power sector deal

Financial Times M&A

Takeover talks come amid surge in demand linked to rollout of artificial intelligence technologies

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Why Credo Technology Rallied Over 37% in December

The Motley Fool

Shares of Credo Technology Group (NASDAQ: CRDO) rallied 37.3% in December, according to data from S&P Global Market Intelligence. All of Credo's gains occurred in the wake of its early-December earnings report, in which the company beat expectations and issued blowout forward guidance, indicating an uptake in its unique technologies for artificial intelligence (AI) data centers.

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BlackRock private equity fund takes more than $600mn hit on investment

Financial Times M&A

Alacritys restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman

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Why Rigetti Computing Stock Was Up a Mind-Blowing 400% Just in December

The Motley Fool

Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) were up a mind-blowing 400.3% during December, according to data provided by S&P Global Market Intelligence. The company updated its roadmap in November, which seems to have served as an early catalyst. Then on Dec. 9, Alphabet 's Google announced a quantum breakthrough that exhilarated the investing community about the potential of quantum computing generally.

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PE-backed HBX Group eyes $1bn Madrid IPO

Private Equity Wire

HBX Group, the Spanish travel technology company known for its Hotelbeds brand and backed by private equity firms Cinven, EQT, and Canadian pension fund CPP Investments, is gearing up for a 1bn ($1.04bn) initial public offering (IPO) in the coming weeks, according to a report by Reuters. The report cites unnamed sources familiar with the matter as revealing that HBX Groups listing on the Madrid Stock Exchange has been in the works for over a year, with the firm’s owners carefully timing th

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Deal Roundup: Anthropic said to near $60bn valuation, Apollo and BC seal $8bn GFL Environmental Services buy

AltAssets

AI startup Anthropic is reportedly closing in on a new $2bn funding round led by Lightspeed Venture Partners, which would value the business at about $60bn. The post Deal Roundup: Anthropic said to near $60bn valuation, Apollo and BC seal $8bn GFL Environmental Services buy appeared first on AltAssets Private Equity News.

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Hunter Point Capital appoints Head of Asia Pacific

Private Equity Wire

Hunter Point Capital (HPC), an independent investment firm providing capital solutions to alternative asset managers, has expanded its Asia Pacific presence with the appointment of Peter Rosenbloom as Managing Director, Head of Asia Pacific on the firm’s Capital Formation team. In this newly created role, Rosenbloom will be responsible for deepening HPCs presence and relationships with institutional investors and alternative investment firms in the region.

Capital 80
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Insurance, wealth broker and manager services specialist Viewpoint Ventures back with Fund II raise

AltAssets

Insurance, wealth management and benefits investment specialist Viewpoint Ventures is back with its sophomore fundraise, two years after closing its debut fund on $150m. The post Insurance, wealth broker and manager services specialist Viewpoint Ventures back with Fund II raise appeared first on AltAssets Private Equity News.

Funds 90
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GSK nears $1bn deal for biotech developing drug for rare tumour

Financial Times M&A

IDRx tests treatment for digestive system cancer that affects 4,000 to 6,000 people a year in US

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Decarbonisation, hydrogen investor AP Ventures nears halfway mark for $500m-targeting Fund III

AltAssets

Early stage hydrogen and decarbonisation investor AP Ventures has registered more than $194m for its third fund, putting it almost halfway to its $500m goal. The post Decarbonisation, hydrogen investor AP Ventures nears halfway mark for $500m-targeting Fund III appeared first on AltAssets Private Equity News.

Funds 75
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Apollo and BC Partners to acquire GFL’s environmental services business in $5.6bn deal

Private Equity Wire

Private equity firms Apollo Global Management and BC Partners have joined forces to agree a deal to acquire GFL Environmentals Environmental Services business at an enterprise value of CAD8bn ($5.59bn). This high-profile deal underscores private equitys increasing focus on the environmental services sector, known for its defensive characteristics and growth potential.

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Apollo’s Leon Black in talks over Efune’s Telegraph bid

Financial Times M&A

Billionaire in discussions over backing 550mn deal for British broadsheet

Bidding 64
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Point72 launches private credit strategy led by former Blackstone exec

Private Equity Wire

Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed by Todd Hirsch, a former senior managing director at Blackstone, according to a report by Reuters citing an internal company statement. The move signals Point72s ambition to tap into the growing demand for private credit, which has become a key focus for alternative asset managers.

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OnPay Raises Over $100M in Funding

FinSMEs

OnPay, an Atlanta, GA-based provider of payroll, HR, and benefits solutions, raised over $100M in funding. The round was led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners.

Funds 68
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Lightspeed leads $2bn funding round for AI startup Anthropic at $60bn valuation

Private Equity Wire

AI startup Anthropic is planning to raise an additional $2bn in a funding round led by Lightspeed Venture Partners that values the business at $60bn, according to a report by Reuters citing unnamed sources familiar with the deal. The round marks a dramatic leap from Anthropic’s $18bn valuation just last year, following a fundraising round led by VC firm Menlo Ventures.

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Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK

Financial Times M&A

British presenters production company to acquire his Uncensored show

Buyout 58
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Lower Buys Neat Labs

FinSMEs

Lower, a Columbus, OH-based digital mortgage lender, acquired Neat Labs, a company providing end-to-end mortgage origination software. The amount fo the deal was not disclosed. Lower will integrate Neat Labs’ proprietary software into LowerOS, a comprehensive, cloud-based mortgage platform designed to deliver a borrower experience and reduce the time and cost to produce a loan. […] The post Lower Buys Neat Labs appeared first on FinSMEs.

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Keyhaven backs acquisition of HealthTech BioActives by Miura and Evolve

Private Equity Wire

Keyhaven Capital Partners has partnered with Miura Partners and Evolve Healthcare Partners to support their acquisition of HealthTech BioActives (HTBA), a global specialist in natural ingredients and active pharmaceutical production. HTBA, headquartered in Barcelona, Spain, specialises in the research, development, and production of naturally derived ingredients, including citrus flavonoids and active forms of vitamin B12.

Capital 53
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Electric Power Engineers Receives Growth Investment From Berkshire Partners

FinSMEs

Electric Power Engineers, an Austin, TX-based energy and power systems engineering and consulting firm, received a Growth investment from Berkshire Partners. The amount of the deal was not disclosed. The company intends to use the funds to to accelerate growth, expand its capabilities and enhance its technological advantage, including through strategic acquisitions.

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Case Study: Confluence Healthcare Partners (CHP) Partners With Timothy Groth MD PC

Axial

We have evaluated over 15 interventional pain companies over the last two years, and Dr. Groth and his team were exactly what we were looking for in a partner within a sector of healthcare that we believe is well-positioned for the future of healthcare delivery. John Hudson, Co-Founder of Confluence Healthcare Partners Axial Members Member Type Independent Sponsor Investment Bank Axial Member Since 2023 2023 Headquarters Charlotte, NC Miami, FL Axial Closed Deals 1 1 Axial Profile View Profile V

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Aviceda Therapeutics Raises Upsized $207.5M in Series C Financing

FinSMEs

Aviceda Therapeutics, a Cambridge, MA-based private, clinical-stage biotech company focused on developing new immunomodulators, raised $207.5M in Series C financing. The round was led by Omega Funds and TCGX, with participation from Enavate Sciences and Jeito Capital, alongside Longitude Capital, Blue Owl Healthcare Opportunities, and other investment firms.

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LMM Deal Digest: December 2024

Axial

The post LMM Deal Digest: December 2024 appeared first on Axial.

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Attivo Investments Adopts SEI’s Co-CIO Solution

SEI

SEIs Co-CIO Solution Supports Client-Centric Operating Structure, Provides Personalized Investment Experience and Enhances Efficiency

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AIPUMP Rivals VIRTUALS on Solana; KuCoin Announces First AI Token Listing of 2025

FinSMEs

London, United Kingdom, 8th January 2025, Chainwire The post AIPUMP Rivals VIRTUALS on Solana; KuCoin Announces First AI Token Listing of 2025 appeared first on FinSMEs.

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Green venture finance weathers the storm

Financial Times: Moral Money

VC funding into green technology is down but theres more to the story