Wed.Sep 04, 2024

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History Says September May Be The Perfect Time to Pounce On This Ultra-High-Yield Dividend Stock

The Motley Fool

After experiencing sharp declines in 2022, the capital markets have showcased unparalleled resiliency over the last 20 months or so. Since January 2023, the S&P 500 and Nasdaq Composite have boasted total returns of 48% and 66% respectively (as of the time of this article). While it may be tempting to let the good times roll, savvy investors know that now may be a good time to take some gains off the table and seek more reliable opportunities.

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Gridiron Sells Foundation Wellness to Bansk

Private Equity Professional

Gridiron Capital has exited its investment in Foundation Wellness with the sale of the company to Bansk Group. Gridiron Capital acquired Foundation Wellness (then Remington Products Company) in April 2019. Remington Products was founded in 1934 and was a third-generation, privately held business until the family sold the company to an employee stock ownership plan (ESOP) in 2008.

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Here's the Average Social Security Benefit for Retirees at Ages 62, 66, and 70

The Motley Fool

Last year, about 25% of new retired workers started Social Security at age 62. That is the earliest possible claiming age, so those individuals received the smallest possible benefit. Meanwhile, about 10% of newly awarded retirees started Social Security at age 70. That is the latest sensible claiming age, so they received the largest possible benefit.

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Currently held portfolio companies by vintage year

Private Equity Info

We reported in July that private equity firms are delaying exits and holding portfolio companies longer to ensure they achieve the desired ROI from their investments.

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Why Zscaler Stock Crashed by More Than 17% Today

The Motley Fool

Zscaler (NASDAQ: ZS) stock collapsed in morning trading Wednesday, down by 17.8% as of 12:04 p.m. ET, even though the company crushed analysts' forecasts for its fiscal fourth quarter when it reported after the closing bell Tuesday. Analysts had expected the cybersecurity company to report adjusted earnings of $0.69 per share on sales of $567.9 million for the quarter.

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Inflexion appoints two new Partners

Private Equity Wire

Mid-market private equity firm Inflexion has made two new additions to its teams with the appointments of Yuri Mikhalev as a Partner focused on technology investments and Michael Baster as a Partner focused on business services investments. Mikhalev brings 16 years investment experience focused on the technology sector and will work alongside Sergio Ferrarini on new technology investments for Inflexion’s Buyout and Partnership Capital Funds.

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Equip Capital raises €306m continuation vehicle for two Fund I companies, returns almost entire cost of first fund

AltAssets

Nordic SME investor Equip Capital has divested its portfolio companies Rush and iteam into a new continuation fund with €306m in commitments. The post Equip Capital raises €306m continuation vehicle for two Fund I companies, returns almost entire cost of first fund appeared first on AltAssets Private Equity News.

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Why Bitcoin, Ethereum, and Dogecoin Are Rising Today

The Motley Fool

The cryptocurrency market is moving nicely higher Wednesday, appreciating 1.2% over the prior 24 hours as of 1:15 p.m. ET, as Bitcoin (CRYPTO: BTC) , Ethereum (CRYPTO: ETH) , and Dogecoin (CRYPTO: DOGE) each make nice moves higher. Given the aggregate market capitalizations of those three digital assets, any sort of synchronized move higher among them is likely to drive the whole crypto market higher.

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Turnspire completes acquisition of Pharmachem from Ashland

Private Equity Wire

Turnspire Capital Partners (Turnspire) has completed the acquisition of Pharmachem Innovations, LLC (Pharmachem), the former nutraceuticals business of Ashland Inc. Turnspire Operating Partner Maurice Murphy has been appointed Executive Chairman, and Jeff Rogers as Interim CEO. Pharmachem is a provider of proprietary nutrition ingredients and custom formulation services that supplies a broad portfolio of both active ingredients and formulation aids to nutritional product companies.

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Intel Just Scored a Big AI Chip Customer

The Motley Fool

Chip giant Intel (NASDAQ: INTC) has lagged behind market leader Nvidia and rival Advanced Micro Devices in the AI accelerator market. As Nvidia churns out more than $26 billion of data center revenue each quarter and AMD remains on track to sell $4.5 billion worth of AI accelerators this year, Intel finds itself in a distant third place. Intel's new Gaudi 3 AI accelerator , which launched this year, is powerful and cost effective.

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Nuveen arms Arcmont, Churchill expand European institutional reach with van Daalen hire

AltAssets

Arcmont Asset Management and Churchill Asset Management, the European and US asset management companies of Nuveen Private Capital, have expanded their European client coverage by hiring Ralph van Daalen as head of business development Netherlands. The post Nuveen arms Arcmont, Churchill expand European institutional reach with van Daalen hire appeared first on AltAssets Private Equity News.

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1 Growth Stock Down 75% to Buy Right Now

The Motley Fool

Like bargain-priced stocks? Most investors do. After all (presuming the company in question is worth owning), stepping in at a lower price leads to better net returns than diving in at a higher one. With that as the backdrop, there's one beaten-down stock that growth-minded may want to consider adding to their portfolio sooner rather than later: Chewy (NYSE: CHWY).

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Park Square Capital celebrates €3.4bn of new investing power with second European Loan Partners fundraise

AltAssets

Private credit specialist Park Square Capital has amassed €3.4bn of investable capital for its second European Loan Partners fund programme, a 50% increase on its previous vintage. The post Park Square Capital celebrates €3.4bn of new investing power with second European Loan Partners fundraise appeared first on AltAssets Private Equity News.

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I No Longer Want to Claim Social Security at 70. Here's Why.

The Motley Fool

Millions of older Americans collect a monthly benefit from Social Security. And without that money, many would no doubt struggle to cover their basic living costs. Because of this, it's important to claim Social Security strategically -- and to understand the implications of filing at different ages. The earliest age to file for Social Security is 62.

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Sarasin Bread Street raises €124m for first fund since 2022 move to Sarasin & Partners

AltAssets

Sarasin Bread Street, the private equity arm of Sarasin & Partners, has raised €124m from LPs for the team's first private equity fund since moving to the asset manager in 2022. The post Sarasin Bread Street raises €124m for first fund since 2022 move to Sarasin & Partners appeared first on AltAssets Private Equity News.

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Is This Cathie Wood ETF the Best Way to Invest in Fintech Right Now?

The Motley Fool

The fintech space is full of opportunities, but with many payment processors, software companies, e-commerce companies, and more, it can be tough to try and pick winners. So, for many investors, the best way to get exposure could be to buy a fintech-focused exchange-traded fund that owns shares of lots of companies. One that could be a good choice for investors who want to find the top fintech stocks -- as opposed to simply buying a fintech index -- is the Ark Fintech Innovation ETF (NYSEMKT: AR

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UK’s Octopus Investments expands to Spain with first mainland European office in its 24-year history

AltAssets

UK asset manager Octopus Investments has expanded to Europe through a launch of a Spain office in Madrid's financial district. The post UK’s Octopus Investments expands to Spain with first mainland European office in its 24-year history appeared first on AltAssets Private Equity News.

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Here's How CrowdStrike Stock Gained 19.6% Last Month

The Motley Fool

Shares of cybersecurity expert CrowdStrike (NASDAQ: CRWD) rose 19.6% in August 2024, according to data from S&P Global Market Intelligence. The company did report earnings last month, but there was no triumphant stock jump that day. Instead, CrowdStrike's August gains represented a gradual recovery from July's painful crash. The effects of CrowdStrike's July outage You probably don't need a reminder, but here's a quick rundown of July's plunge anyway: The company's security services suffered a w

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Tikehau Capital completes €220m sale of Preligens stake to Safran

Private Equity Wire

Global alternative asset manager Tikehau Capital has competed the sale of its stake in Preligens, a specialist leader in artificial intelligence for aerospace and defencem to Safran for an enterprise value of €220m. Completion of the deal follows an exclusive negotiation process that began in June 2024. Founded in 2016 by two French engineers, Preligens provides field-proven Artificial Intelligence (AI) analysis solutions for high-end imagery, full-motion video and acoustic signals.

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Dollar General Stock Crashes. Should Investors Buy the Dip or Stay Away?

The Motley Fool

Dollar General (NYSE: DG) shares lost nearly a third of their value after the discount retailer issued weak guidance with its fiscal Q2 results on Aug. 29. The plunge sent the stock to its lowest levels in more than five years. Let's examine the company's earnings report and guidance and see if this is an opportunity to buy the shares on the dip, or if investors should stay away.

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Cubera closes latest Nordic secondaries fund at €780m hard cap

Private Equity Wire

Cubera Private Equity has held the final close of its latest Nordic secondaries fund – Cubera X – at its hard cap of €780m, ahead of its target size of €700m. Including GP commitments the total size of the oversubscribed fund is €807m. In a press statement, Reidun Tysseland, Managing Parter of Cubera Private Equity, said: “The investor base for Cubera’s secondary strategy has been further institutionalised during the fundraise, with more than 50% of the capital coming from investors outside the

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3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. No matter how much money you earn or how much you're able to save, you may have the goal of leaving an inheritance behind to your loved ones, whether it's grown children, grandchildren, or other people who are important in your life.

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HIG and CapVest enter bidding for £900m UK pharmacy wholesaler AAH

Private Equity Wire

Private equity firms HIG and CapVest have joined the competition to acquire AAH Pharmaceuticals, the UK’s largest pharmacy wholesaler, which has been put up for sale just three years after being acquired by German PE firm Aurelius, according to a report by the Financial Times. The report cites unnamed sources familiar with the situation as confirming that Aurelius has engaged advisers from BNP Paribas to oversee the auction process for the company, which serves a network of 14,000 pharmacies acr

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Is the Temu Hype Warranted?

The Motley Fool

In this podcast, Motley Fool analyst Bill Mann and host Ricky Mulvey discuss: Expectations going into Nvidia 's earnings results. This podcast was recorded before the report. Temu's owner, PDD , shedding $55 billion in value. One possible reason why a co-CEO is talking down his company's stock. Red Lobster's new CEO. Then, Motley Fool retirement expert Robert Brokamp interviews Dan Otter and Scott Dauenhauer about the challenges that teachers face while saving for retirement.

Education 246
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Natixis sustainability arm Mirova collects over €210m to close debut impact PE fund

AltAssets

Natixis' sustainable investing subsidairy Mirova has raised more than €210m for the final close of its first impact private equity fund. The post Natixis sustainability arm Mirova collects over €210m to close debut impact PE fund appeared first on AltAssets Private Equity News.

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3 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow

The Motley Fool

Are you a fan of keeping things simple when it comes to investing? You should be. Less is often more. Investors who don't fall into the trap of making things unnecessarily complicated often end up with bigger gains than those who do. To this end, anyone looking for a new all-around stock pick for their portfolio should consider The Coca-Cola Company (NYSE: KO).

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Deal Roundup: Blackstone agrees A$24bn AirTrunk buyout, Oaktree to sell Banda Progetto to Centerbridge

AltAssets

Blackstone has agreed an A$24bn ($16bn) buyout of Asia Pacific data centre platform AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board. The post Deal Roundup: Blackstone agrees A$24bn AirTrunk buyout, Oaktree to sell Banda Progetto to Centerbridge appeared first on AltAssets Private Equity News.

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2 AI Stocks You'll Regret Not Buying Before 2025

The Motley Fool

The adoption of artificial intelligence (AI) is continuing to spread across the economy. Statista projects the AI market to explode to $826 billion by 2030. Consistent with that estimate, the growth from the following companies shows that the demand for AI hardware and software is not slowing. This could be a great time to buy these AI stocks that are currently trading almost 40% below their 52-week high. 1.

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Animal Spirits: Founder Mode

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts: See here for 20% off your initial YCharts professional subscription On today’s show, we discuss: Americans Are Really, Really Bullish on Stocks Once-In-Lifetime Wall Street Rally Raises Soft-Landing Stakes Ex-Peloton CEO John Foley gets real about company crash — and his unexpected venture into home decor Economist Eugene Fama: ‘Efficient mark.

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Could Berkshire Hathaway Do the Unthinkable?

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is one of the greatest investments of all time. If you had put $1,000 into the company nearly 60 years ago when Warren Buffett took over the company and kept it there, you would have more than $44 million today. Not many stocks can beat that record. Buffett has earned his reputation as the greatest investor of all time.

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AEI sells Altus Fires & Safety to Apax Partners

Private Equity Wire

AE Industrial (AEI), a private equity firm specialising in national security, aerospace, and industrial services has sold Altus Fire & Life Safety, a provider of regulation-mandated fire and life safety services for the Northeast USA to Apax Partners. AEI acquired Altus, formerly known as Cross-Fire & Security Co agree years ago, and has supported both the organic growth of the business and nine strategic acquisitions, significantly expanding its service offerings and geographic reach.

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Okta Stock Falls as Outlook Disappoints. Time to Buy the Dip?

The Motley Fool

Okta (NASDAQ: OKTA) shares spiraled lower after the cybersecurity company reported solid second-quarter results but offered a disappointing outlook. On the face of it, the latest numbers looked good. Okta's Q2 revenue jumped 16% year over year to $646 million, while subscription revenue climbed 17% to $632 million. Adjusted earnings per share (EPS) surged from $0.31 a year ago to $0.72.

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Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

Florence Chong of IPE Real Assets reports Blackstone and CPP Investments buy AirTrunk in A$24bn deal: Blackstone funds and Canada Pension Plan Investment Board (CPP Investments) have bought Asia Pacific data centre platform AirTrunk from Macquarie Asset Management (MAM) and the Public Sector Pension Investment Board (PSP Investments) in a A$24bn (€14.6bn) deal.

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5 Top Stocks to Buy in September

The Motley Fool

Whether it's the smell of pumpkin spice lattes, the last barbecue of the summer, the start of the football season, or the change in the weather -- there are plenty of signs that fall is in the air. In the investing world, that means it's the perfect time to get your portfolio in order so you can sit back and relax when the holiday season arrives. Here's why five Fool.com contributors picked Palo Alto Networks (NASDAQ: PANW) , Marathon Digital (NASDAQ: MARA) , Chevron (NYSE: CVX) , Dominion Energ