Sat.Jun 29, 2024

article thumbnail

You Can Outperform 88% of Professional Fund Managers by Using This Simple Investment Strategy

The Motley Fool

Professional fund managers are in charge of investing billions of dollars for investors. They're often highly educated, have years of investment experience, and get paid well for their skills and expertise. But the truth is most aren't worth the fees they charge. It doesn't take an advanced degree or special insider knowledge to do better than the vast majority of actively-managed mutual funds.

article thumbnail

Swiss buyout firm Partners Group lands deal for stake in €900mn biotech

Financial Times M&A

Sale of most of FairJourney Biologics means London-based owner GHO Capital realises close to 10-fold return

Buyout 88
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The Average Monthly Social Security Payment in 2024 Is Just $1,917. Here's How to Prepare for a Retirement That Doesn't Depend on Social Security

The Motley Fool

Social Security's 3.2% cost-of-living adjustment (COLA) for 2024 was the third-highest in the last decade, but it hasn't provided the relief many seniors were hoping for. Average checks are just $1,917 per month as of May 2024. More than 3 in 5 seniors feel the bump in their benefits was insufficient, according to The Motley Fool's 2024 Social Security Cost-of-Living Survey.

Financing 246
article thumbnail

Dealmaker Steven Klinsky quietly hits home runs away from ’80s limelight

Financial Times M&A

New Mountain Capital founder played minor role in brawl for RJR Nabisco — and spent rest of career avoiding deals like it

Capital 76
article thumbnail

3 New Required Minimum Distribution (RMD) Rules Everyone Needs to Know About in 2024

The Motley Fool

Retirement accounts like a 401(k) and IRA come with a lot of advantages. Incentives like matching contributions , tax deductions and credits, and tax-free growth can help supercharge your retirement savings. You can't avoid taxes on your retirement savings indefinitely, though. Eventually, the government will want you to start withdrawing money from those accounts, which may come with a hefty tax bill.

Taxes 246
article thumbnail

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

KKR

Transaction marks KKR’s first Global Impact investment in the Philippines MAKATI, Philippines--(BUSINESS WIRE)-- KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under.

More Trending

article thumbnail

KKR prices ¥91,400,000,000 of senior notes

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the.

40
article thumbnail

The Average American Retires at Age 61. There's a Big Problem With That.

The Motley Fool

Choosing what age to retire is a highly personal decision. Some people are eager to retire as early as possible, while others prefer to continue working late into life. Regardless of when you retire, it's a decision to take seriously. Retiring before you're ready can wreak havoc on your finances, making it much more challenging to enjoy your senior years comfortably.

Financing 246
article thumbnail

KKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

article thumbnail

Prediction: This Move From Nvidia in the Second Half Will Be Much Bigger Than the Stock Split

The Motley Fool

Nvidia (NASDAQ: NVDA) has soared over the past few years, and the stock added to gains in recent times when it announced something a lot of investors had been waiting for: a stock split. The company decided to launch a 10-for-1 split to bring its shares down to a level that would make it easier for a broader range of investors to buy. These operations involve the issuance of more shares to current holders to make that happen.

Returns 246
article thumbnail

KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Stakes 40
article thumbnail

Better Meme Coin: Shiba Inu vs. Dogecoin

The Motley Fool

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were both initially created as parodies of other coins. Dogecoin was launched as a parody of Bitcoin (CRYPTO: BTC) in 2013, and Shiba Inu was created to poke fun at Dogecoin in 2020. Dogecoin and Shiba Inu were both dubbed " meme coins " because they were both named after the popular "Doge" meme which featured a Shiba Inu dog.

article thumbnail

Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

40
article thumbnail

This Is Massive News for Eli Lilly Investors

The Motley Fool

Pharmaceutical giant Eli Lilly (NYSE: LLY) is having a great year. Shares are up over 50% through the first half of the year on the heels of emerging blockbusters in the diabetes and obesity-care markets. While sales of Mounjaro and Zepbound are becoming increasingly scrutinized, I'd encourage investors to get up to speed on what else Lilly is working on.

Investors 246
article thumbnail

The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

article thumbnail

2 Stock-Split Stocks to Buy Hand Over Fist Before They Soar as Much as 75%, According to Select Wall Street Analysts

The Motley Fool

A resurgence in the popularity of stock splits has been front and center in 2024 as a number of high-profile stocks have taken the plunge. Companies will typically go down this path after years or even decades of robust operating and financial results have pushed the stock price out of reach of some investors. While a stock split doesn't change anything about the underlying value of the business, it does make shares more affordable for employees and everyday investors, a reason that is often giv

Stakes 246
article thumbnail

Quick Quack Announces Strategic Investment by KKR

KKR

NEW YORK & ROSEVILLE, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm and Quick Quack Car Wash (“Quick Quack” or the “Company”) today announced that investment funds managed by KKR have made a significant minority investment in the Company. This press release features multimedia. View the full release here: [link] Quick Quack’s.

article thumbnail

Forget Coca-Cola: This Stock Has Made Far More Millionaires

The Motley Fool

It's not just one of the world's best-known brand names. Coca-Cola (NYSE: KO) has also been -- and continues to be -- one of the world's more rewarding investments. Plenty of buy-and-hold investors have become millionaires while sitting on a long-term stake in Coca-Cola stock, well-rewarded for their patience. The biggest name in the beverage business, however, isn't the company behind the industry's most rewarding stock.

article thumbnail

KKR-Mirastar enter prime logistics market in Germany

KKR

Frankfurt am Main, 14 June 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality logistics property in Hanover, Lower Saxony. This off-market transaction is KKR and Mirastar’s first industrial and logistics acquisition in Germany, as well as the first for KKR’s European Core+ Real Estate strategy in this market.

Funds 40
article thumbnail

Why Is Your Car Insurance Getting So Expensive?

The Motley Fool

Image source: Upsplash/The Motley Fool If you've noticed that your auto insurance cost has spiked higher over the past year or two, you aren't alone. According to one report, full coverage auto insurance rose by 26% in 2024 for the average driver. Even U.S. Consumer Price Index (CPI) data found that car insurance rates increased by 21% in the 12-month period that ended in February.

article thumbnail

ST Telemedia Global Data Centres Raises S$1.75 Billion from KKR-Led Consortium with Singtel

KKR

Transaction marks Southeast Asia’s largest digital infrastructure investment in 2024 SINGAPORE--(BUSINESS WIRE)-- ST Telemedia Global Data Centres (‘STT GDC’ or the ‘Company’), a leading data centre colocation services provider, KKR, a leading global investment firm, and Singtel, Asia’s leading communications technology group, today jointly announced the signing of definitive agreements under.

article thumbnail

Is Now the Time to Buy SoFi Technologies?

The Motley Fool

Fintech company and digital bank SoFi Technologies (NASDAQ: SOFI) can't catch a break. The stock has tumbled and is near a 52-week low and is a whopping 75% off its all-time high. Stocks can go up or down for whatever reason in the short term but tend to follow the direction of the underlying business over time. So, do SoFi's business fundamentals indicate an eventual winner, or should investors avoid this troubled name?

Banks 246
article thumbnail

KKR Releases 2024 Mid-Year Global Macro Outlook

KKR

Henry McVey: Investors Who Prioritize Diversification This Cycle Will Be Best Prepared When Opportunity Knocks NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 mid-year global macro outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). In “Opportunity Knocks,” McVey and his team explain why they.

Assets 40
article thumbnail

3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

Investing in artificial intelligence (AI) seems to have become more challenging over the last few months. More than one year after generative AI stoked excitement for tech investors, specific stocks such as Nvidia , Super Micro , and CrowdStrike seem to have drawn most of the interest and have risen to nosebleed valuations. Fortunately for investors who feel they missed out on these stocks, AI will likely be more than a flash in the pan.

article thumbnail

KKR Announces Intra-Quarter Monetization Activity Update for the Second Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from April 1, 2024 to June 20, 2024. Based on information available to us as of today, with respect to the period through June 20, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

article thumbnail

5 High-Yield Dividend ETFs to Buy to Generate Passive Income

The Motley Fool

Who wouldn't want passive income? By definition, it's cash that just comes to you without you toiling for it. You don't have to work at a job, inherit money from a wealthy relative, or even rob a bank for this money. There are many potential sources of passive income , and not all will appeal to everyone. You might buy properties and rent them out, for example -- but that does require occasional effort and some real estate savvy.

article thumbnail

KKR to Acquire Pan-European Live Entertainment Group Superstruct from Providence Equity Partners

KKR

Investment supports Superstruct’s ambition to become a global leader in music festivals and live events LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the acquisition of Superstruct Entertainment (“Superstruct” or the “Company”), from Providence Equity Partners (“Providence”), a premier private equity firm specializing in growth-oriented investments in media,

article thumbnail

Is AGNC Investment Stock a Buy?

The Motley Fool

If there's one thing you need to know about AGNC Investment (NASDAQ: AGNC) , it is that this mortgage real estate investment trust (REIT) has an ultra-high dividend yield of 15%. This is both a blessing and curse for investors, but which one it is depends a lot on the type of investor you happen to be. Here's why most investors will not want to buy AGNC Investment and why some will actually find the high-yield stock quite interesting.

Investing 246
article thumbnail

KKR Acquires $2.1 Billion Multifamily Portfolio from Quarterra

KKR

Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.

article thumbnail

3 Fast-Growing Industries Entrepreneurs Swear By

The Motley Fool

Image source: Getty Images Entrepreneurs know that having a good business idea is only part of the successful business equation. You also have to find the right market or a unique niche for a business to thrive. That's why targeting fast-growing industries is a smart move for entrepreneurs. Here are three thriving industries and a few tips on getting your business off the ground. 1.

article thumbnail

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

KKR

Transaction marks KKR’s first Global Impact investment in the Philippines MAKATI, Philippines--(BUSINESS WIRE)-- KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under.

article thumbnail

Here's What I'm Doing to Plan for Social Security Cuts. My Strategy Could Save Your Retirement, Too.

The Motley Fool

If you've been reading up on Social Security, you've probably heard that the program's latest Trustees Report wasn't too encouraging. That report confirmed that Social Security is looking at a financial shortfall as older workers exit the workforce in droves, stripping the program of much-needed payroll tax revenue. Social Security has trust funds it can use to keep up with scheduled benefits for a period of time.

Taxes 246
article thumbnail

KKR prices ¥91,400,000,000 of senior notes

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the.

40
article thumbnail

Where Will Novavax Be in 1 Year?

The Motley Fool

What a difference a few months make. Vaccine specialist Novavax (NASDAQ: NVAX) started the year poorly, continuing with the issues it has encountered since mid-2021. Those headwinds included the difficulties it faced in launching its COVID vaccine in the U.S. and the significant slowdown in demand for these products, leading to a decline in revenue and earnings for the biotech.

Stakes 246