Tue.Jun 18, 2024

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The Best Reason to Take Social Security Long Before Age 70

The Motley Fool

Ideally, retirement is one of the best times of someone's life. After decades of working, they can spend their time traveling, picking up new hobbies, spending extra time with family, or whatever their heart desires. Despite how liberating retirement can be, it also comes with important decisions. One of those decisions is when to claim Social Security, which permanently affects your monthly benefit.

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Partners Group closes its 5th direct PE program with USD$15bn

Private Equity Insights

Partners Group, one of the largest firms in the global private markets industry, has surpassed its target of USD 15.0bn in client commitments for its fifth direct private equity program. The Program comprises commitments to Partners Group’s fifth direct private equity fund, Partners Group Direct Equity V[2], and to the bespoke client solutions and open-ended funds that allocate to the same direct private equity strategy.

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The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Revised Lower, but Retirees May Have a Bigger Problem

The Motley Fool

Social Security recipients get an annual cost-of-living adjustment (COLA) to protect the buying power of their benefits from inflation. However, more than two-thirds of retirees surveyed by The Senior Citizen Leagues said the 3.2% COLA in 2024 was too small, meaning benefits did not increase enough to cover their elevated expenses. Unfortunately, those retirees may face more financial difficulties next year.

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Waterland acquires Irish energy technology companies in €50m investment

Private Equity Insights

Caldor Solar and Zetta Home Services will now contribute to the Irish arm of the Dutch private equity firm’s portfolio of companies focused on decarbonising the economy. Private equity firm Waterland Ireland has acquired a majority stake in two Irish energy technology companies, Caldor Solar and Zetta Home Services, in a €50 million investment to expand the group.

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Is SNDL Stock a Buy?

The Motley Fool

For longtime shareholders of Sundial Growers, now known as SNDL , (NASDAQ: SNDL) the fun looks like it's finally starting. Hot off a protracted period of consolidating its operations and substantially diversifying its business, the company will probably soon have the opportunity to increase its top and bottom lines at the same time. But old reputations die hard, and for many investors, the risk of it continuing to experience volatility and a falling share price by virtue of being an unprofitable

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Sylvan’s Expansion Rolls On

Private Equity Professional

Sylvan Group , a provider of industrial contractor services and a portfolio company of Blue Point Capital Partners , has acquired Anchor Conveyor Products. Family-owned Anchor Conveyor Products is a provider of conveyor systems and conveyor components including chain, trolleys, and pins; rollers, wheels and axels; and swivel hooks. Source: Anchor Conveyor Products Anchor Conveyor was founded in 1925 and is headquartered near Detroit in Dearborn, Michigan.

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Gryphon’s Thermal Products Platform Stay Hot

Private Equity Professional

Thermal Technology Distribution Solutions , a distributor of industrial temperature management products and a portfolio company of Gryphon Investors , has acquired Thermal Devices. Family-owned Thermal Devices is a Maryland-based distributor of industrial electric heaters, controls, and thermocouples. Also included in this transaction is Heat Tracing Sales , the company’s heat trace cables, controls, and engineering support business serving mechanical and electrical contractors.

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Is Apple Stock a Buy at $214? 1 Wall Street Analyst Thinks So

The Motley Fool

Apple (NASDAQ: AAPL) investors have been cheering lately as the iPhone maker's stock soared from roughly $197 on June 7 to more than $220 on June 12. It has retreated since, closing Tuesday at just over $214 a share -- but one Wall Street analyst now says it's a buy. On Friday, Germany's Erste Group Bank upgraded Apple stock from neutral to buy. Is Apple stock a buy?

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Latest Buy Makes Rise Baking the Talk of the Town

Private Equity Professional

Rise Baking Company , a portfolio company of Olympus Partners , has acquired Table Talk Pies. Family-owned Table Talk operates three automated pie making facilities and specializes in 4-inch snack pies as well as 8-inch to 10-inch dessert pies. In 2019, the company sold 240 million 4-inch pies and 25 million dessert pies in all 50 states, Puerto Rico, Mexico, and Canada.

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Billionaire David Tepper Has 25% of His Portfolio Invested in 3 Brilliant AI Stocks

The Motley Fool

David Tepper's Appaloosa is the 12th most profitable hedge fund in history as measured by net gains since inception. The hedge fund returned 58% during the three-year period that ended in March 2024, while the S&P 500 (SNPINDEX: ^GSPC) returned just 32% during the same period. That makes Tepper an excellent case study for investors. With that in mind, Tepper had nearly 25% of his Appaloosa portfolio invested in three artificial intelligence stocks as of the March quarter: Amazon (NASDAQ: AMZ

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GEF Capital Launches Solar Installation Platform

Private Equity Professional

GEF Capital has partnered with a solar energy veteran to launch Civic Renewables as a new platform company. Civic Renewables will acquire local solar energy companies in order to construct a national network of clean energy businesses. To date, the platform has closed the acquisitions of two local solar installation businesses including Pittsburg-headquartered Green Rack Solar which specializes in residential solar installations in Western Pennsylvania and Ohio; and Washington DC-headquartered I

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Forget Nvidia: Wall Street Is Bullish on Another Unstoppable Artificial Intelligence (AI) Stock

The Motley Fool

Nvidia was a $360 billion company just 18 months ago. Today, it sports a $3.3 trillion valuation, and it owes that remarkable growth to its graphics chips (GPUs) for data centers, which are designed for processing artificial intelligence (AI) workloads. Although Nvidia has captured the lion's share of the value created by AI so far, the industry is expanding quickly, and a number of other companies are participating.

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CuspAI Raises $30M in Seed Funding

FinSMEs

CuspAI, a Cambridge, UK-based AI company building a platform for materials that enhance sustainability, raised $30M in Seed funding. The round was led by Hoxton Ventures, with participation from Basis Set Ventures, Lightspeed Venture Partners, LocalGlobe, Northzone, Touring Capital, Giant Ventures, FJ Labs, Tiferes Ventures, Zero Prime Ventures, Mehdi Ghissassi, and Dorothy Chou.

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4 Businesses You Can Start With Less Than $1,000

The Motley Fool

Image source: Getty Images Do you dream of starting your own business but have minimal savings for upfront costs? I have some good news -- you don't need thousands of dollars to start a company. There are many small businesses that you can run without making a substantial initial investment. Believe it or not, you may even be able to keep your business start-up costs well under $1,000.

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Chasing the Biggest Stocks

A Wealth of Common Sense

The stock market looks a lot like the wealth profile in this country — the rich keep getting richer. That richness can be expressed in a couple of different ways. First up is market cap. The biggest stocks are a lot bigger than the others: Corporations in the S&P 500 aren’t evenly distributed. In fact, the top 25 companies in the S&P 500 are as big as the rest of the index combined.1 The biggest sto.

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Where Will Chipotle Stock Be in 5 Years?

The Motley Fool

It may sound silly to ask where restaurant company Chipotle Mexican Grill (NYSE: CMG) will be in five years. After all, five years is a long time, and a lot can happen. But making reasonable assumptions about the long term is essential for investors, and five years is a reasonable time frame to consider. According to a 2006 study from Boston Consulting Group, top-line growth, profit-margin improvement, and higher valuations have historically been the three most significant factors for winning st

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Blackstone Real Estate and MRP Group Increase Price of All-Cash Tender Offer for Terrafina

Blackstone News

NEW YORK & MEXICO CITY — Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has increased the price of its tender offer for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) by Ps.1.00 per certificate to a purchase price of Ps.39.50 per certificate.

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Nvidia and Broadcom Have Each Announced Stock Splits: These Are the 3 Most-Logical Candidates to Become Wall Street's Next Stock-Split Stocks

The Motley Fool

What's rarer than the planets aligning in the night sky? The answer is Wall Street's two hottest trends intersecting: artificial intelligence (AI) and stock splits. AI, which involves the use of software and systems for tasks that humans would normally undertake or oversee, has the potential to completely change the long-term growth arc for businesses worldwide.

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Kfund brings in €70m for new southern Europe-focused early-stage tech fund

AltAssets

Southern Europe-focused tech investor Kfund has raised €70m for its latest flagship fund. The post Kfund brings in €70m for new southern Europe-focused early-stage tech fund first appeared on AltAssets Private Equity News.

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Global Entry Is About to Get More Expensive

The Motley Fool

Image source: Upsplash/The Motley Fool Going through customs when returning to the United States after traveling on an international flight can be time-consuming. After a lengthy flight, the airport customs line is the last place you want to be when you're craving a long shower and a change of clothes. However, a Global Entry membership can save time and get you through customs faster.

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Advent International exits ship management company V Group

Private Equity Wire

A consortium led by Western Europe-focused private equity firm STAR Capital has agreed to acquire V Group, a provider of technical management and marine services to fleet owners and operators in the maritime industry, from US private equity firm Advent International. The transaction is expected to complete this autumn. Aditya Bindal, Partner at STAR, highlighted V Group’s “strong brand and leading position in a highly fragmented market” and described it as “a natural leader” in the services t

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4 Reasons to Buy Walt Disney Stock Like There's No Tomorrow

The Motley Fool

The past three years have been tough for The Walt Disney Company (NYSE: DIS). Ditto for shareholders. After soaring during the first half of the COVID-19 pandemic, Disney stock has been upended by a combination of rising costs, waning interest in theatrical films, the ongoing demise of cable TV, and an activist investor. End result? Walt Disney shares are priced at half of their peak reached in early 2021, and falling again.

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Nuveen private debt arm Arcmont gets approval for Long Term Asset Fund

AltAssets

Nuveen-owned European private debt investor Arcmont Asset Management has received regulatory approval to launch a Long-Term Asset Fund with Carne Global Fund Managers. The post Nuveen private debt arm Arcmont gets approval for Long Term Asset Fund first appeared on AltAssets Private Equity News.

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Here Is the Best Cannabis Stock to Buy Now

The Motley Fool

The global cannabis market is poised for explosive growth between 2024 and 2030, as more countries legalize marijuana for medical and recreational use. According to a report by Grand View Research, the global legal marijuana market is expected to reach $102.2 billion by 2030, representing a compound annual growth rate (CAGR) of 25.7% over this six-year period.

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Greenbrook promotes four and adds two

Private Equity Wire

Greenbrook, a communications advisor to the investment industry specialising in private equity, private credit, hedge funds, debt restructuring and special situations, has added Cecilie Oerting as a director and Natasha Bragoli as a consultant. Oerting was most recently at international PR and corporate communications agency Brunswick Group in Singapore and London, where she advised multinational companies across finance, technology and consumer, on corporate reputation.

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My Top Artificial Intelligence (AI) Stock to Buy Now (and It's Not Nvidia)

The Motley Fool

Artificial intelligence (AI) demands increased computing power, which has been a boon for technology infrastructure and semiconductor companies like Nvidia. These companies benefit from the need to run complex AI models no matter where they come from. Enterprise-software companies like Adobe (NASDAQ: ADBE) are challenged because they have to prove AI is worth investing in.

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CalPERS accelerates recruitment for private credit, PE, compliance

Private Equity Wire

CalPERS, the $499.7bn California Public Employees’ Retirement System based in Sacramento, is looking to strengthen its private credit, private equity, and compliance and risk teams amid increased allocations and staffing challenges, according to a report by Pensions & Investments. According to Wilshire Advisors, the board’s general investment consultant, CalPERS is currently understaffed in private credit.

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Will Artificial Intelligence (AI) Drive Microsoft Stock to $550? 1 Wall Street Analyst Thinks So.

The Motley Fool

It's easy to get caught up on Wall Street's never-ending cycle of upgrades and downgrades. After all, these analysts live and breathe these stocks and have all the latest data. However, for serious investors, short-term stock price movements are completely meaningless, but the logi c behind the analysts' sentiments can provide valuable insight into what's ahead for the company.

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Alternative assets-focused PR, comms specialist Greenbrook names new partner amid promotions, new hires

AltAssets

Private equity and alternative assets PR and communications specialist Greenbrook has made a pair of senior promotions amid a string of staffing changes at the firm. The post Alternative assets-focused PR, comms specialist Greenbrook names new partner amid promotions, new hires first appeared on AltAssets Private Equity News.

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Are Your Retirement Savings Above or Below Average?

The Motley Fool

Image source: The Motley Fool If you're not completely confident in your retirement savings, you're not alone. While 67% of Americans have a retirement account, only 34% believe their retirement savings is on track, according to recent Federal Reserve data gathered by The Motley Fool. It may help to see what the typical American has put away for retirement to know where you stand.

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Thomas H Lee Partners strikes $900m for second automation fundraise

AltAssets

Private equity house Thomas H Lee Partners has raised at least $900m for its second fund dedicated to deals in automation. The post Thomas H Lee Partners strikes $900m for second automation fundraise first appeared on AltAssets Private Equity News.

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Is It Too Late to Buy Nvidia Stock Now?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been around since the early 1990s and progressively grew earnings over the years by serving the video game industry. The company makes graphics processing units (GPUs), the chips that fuel the speed and action needed to make games come alive on the screen. But Nvidia only took center stage in recent years, when it became clear its GPUs also would be gamechangers for something else: artificial intelligence (AI).

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6 ways to improve your listening skills

Million Dollar Round Table (MDRT)

By Bryce Sanders Besides being financial advisors, we’re also someone else’s client, customer or patient. When you think of those relationships, do you feel like a valued client or just another number? Your answer might be that you feel like a valued client or customer when, “They treat me like an individual,” or “They care about me as a person.” It is often, “They have taken the time to learn my likes and dislikes.

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Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. It's Up 266% Since Last Year, and Wall Street Says It's Still a Buy Today

The Motley Fool

The S&P 500 is one of the most important indexes in the financial markets. While it consists of just the stocks of 500 companies, it represents about 80% of all U.S. equities by market capitalization. To become a member, a company must obtain a market cap above $18 billion, produce a profit in the most recent quarter, and produce a profit in the most recent 12-month period.