Tue.Sep 17, 2024

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Here's How Much Money You'll Lose When the Fed Cuts Interest Rates by 0.25%

The Motley Fool

Image source: The Motley Fool/Upsplash As of this writing, the Fed is expected to cut the federal funds rate by 25 basis points (0.25%) at its next meeting on Sept. 18, 2024. The Fed rate cut is good news for borrowers and businesses, but it can be bad news for anyone who has a savings account. Let's look at who stands to lose money from a Fed interest rate cut -- and how much lower interest rates can hurt your savings.

Banks 246
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Summit Park Soars with Latest Buy

Private Equity Professional

Summit Park has acquired Thrust Flight , a provider of professional flight training services. In this transaction, Summit Park partnered with Thrust Flight’s founder and CEO, Patrick Arnzen , other senior management team members, and AltitudeX Aviation. Thrust Flight is a pilot training school catering to individuals aspiring to become professional pilots.

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Cathie Wood Says Humanoid Robotics Are a $24 Trillion Opportunity. Here's 1 "Magnificent Seven" Stock You Won't Want to Miss If She's Right.

The Motley Fool

Over the last couple of years, artificial intelligence (AI) has widely been touted as the next frontier in software development, semiconductor chips, and machine learning. However, some of the more closely followed use cases in AI tend to revolve around self-driving cars, data analytics, and cloud computing. But what if I told you that there's a $24 trillion opportunity in AI that's flying totally under the radar?

Prospects 246
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Swander Pace Sells Reliance Vitamin to Impetus Wellness

Private Equity Professional

Swander Pace Capital (SPC) has completed the sale of Reliance Vitamin to Impetus Wellness Group , a new platform company formed by AEA Investors. Reliance Vitamin was acquired in October 2017 by Branch Brook Holdings , a partnership between Swander Pace Capital , Jefferson Capital , and United Natural Foods. This partnership, formed in 2012, was created to invest in organic and specialty consumer product companies.

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You'll Never Guess Which Generation Has the Biggest Credit Card Balance

The Motley Fool

Image source: Getty Images When you think of credit card debt, you might think of struggling young people just getting started in life. But is that really the case? Which generation of Americans actually has the most credit card debt? You can find out right here. The generation with the biggest debt balance According to research by The Motley Fool Ascent, the generation that owes the most is Gen X, followed by baby boomers, millennials, the Silent Generation, and finally Gen Z.

Debt 246
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X Marks the Spot: Kohlberg & Company Closes Fund Ten

Private Equity Professional

Middle-market investor Kohlberg & Company has completed the final closing of its 10th private equity fund, Kohlberg Investors X LP (Fund X), securing $4.3 billion in commitments. Additionally, the firm raised $1 billion in commitments for co-investment vehicles dedicated to investing alongside Fund X. Over 125 investors participated as limited partners in Fund X, including public pension funds, financial institutions, endowments, consultants, corporate pensions, sovereign wealth funds, famil

Companies 100

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Kohlberg & Company closes Fund X at $4.3bn

Private Equity Wire

Kohlberg & Company (Kohlberg), a private equity firm specialising in middle market investing, has held the final closing of its 10th private equity fund, Kohlberg Investors X (Fund X), with $4.3bn in capital commitments. Kohlberg has also raised an additional $1.0bn in commitments for dedicated co-investment vehicles. Over 125 investors participated as limited partners in Fund X, including public pension funds, financial institutions, endowments, consultants, corporate pensions, sovereign we

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Got $1,000? Here's How to Turn It Into a High-Octane, Passive-Income Stream.

The Motley Fool

Owning dividend-paying stocks can be a great way to generate passive income. The average dividend stock yields around 1.5%. At that rate, a $1,000 investment would produce about $15 in dividend income each year. You can supercharge your dividend income by investing in stocks with higher-dividend yields. Pipeline stocks are great for those seeking a higher-octane income stream.

Assets 246
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Aurelius said to eye big fund size jump with €750m-plus European Opportunities V raise

AltAssets

European asset manager Aureliusis reportedly eyeing more than €750m for its latest European Opportunities fund - more than double the size of its predecessor in the strategy. The post Aurelius said to eye big fund size jump with €750m-plus European Opportunities V raise appeared first on AltAssets Private Equity News.

Funds 97
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Is It Better to Buy a CD or Put Your Money in Savings? The Answer Is Simpler Than You Think

The Motley Fool

Image source: Upsplash/The Motley Fool If you have money that you won't need for five or more years, there's only one place it should go: a brokerage account. You can get the best returns possible by investing, and if you invest for the long term, you're taking on minimal risk. What if you don't have such a long timeline, though? If you'll need the money you're saving in the next five years, you have two big choices about where to put it: You could buy a certificate of deposit (CD) , or you coul

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Deal Roundup: Vista, Blackstone could pay up to $8bn for Smartsheet, Sverica seals Four Inc deal

AltAssets

Vista Equity Partners and Blackstone are reportedly in advanced talks for a buyout of collaboration software provider Smartsheet which could value the company at almost $8bn. The post Deal Roundup: Vista, Blackstone could pay up to $8bn for Smartsheet, Sverica seals Four Inc deal appeared first on AltAssets Private Equity News.

Buyout 95
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You Won't Believe What Larry Ellison and Elon Musk Said to Nvidia CEO Jensen Huang

The Motley Fool

Larry Ellison is the chairman of Oracle (NYSE: ORCL) , which is currently building some of the fastest and most cost efficient data centers in the world for developing artificial intelligence (AI). Elon Musk, on the other hand, runs Tesla (NASDAQ: TSLA) , which is building AI-powered self-driving software for its electric vehicles. He also runs SpaceX, X (formerly Twitter), and a new AI start-up called xAI.

Returns 245
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The FTC’s fight to stop an $8.5bn American fashion takeover

Financial Times M&A

Michael Kors among those called to testify as regulators try to block a deal between the owners of Coach and his brand

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Prediction: 1 Top Growth Stock Down 40% That Could Start Skyrocketing After Sept. 25

The Motley Fool

Memory demand has been booming in 2024 as semiconductor companies, smartphone original equipment manufacturers (OEMs), and personal computer (PC) makers look to get their hands on compute and storage memory chips to churn out more artificial intelligence (AI) processors, generative AI smartphones, and AI-enabled PCs. As a result, the top and bottom lines of Micron Technology (NASDAQ: MU) are now growing at a breathtaking pace.

Prospects 245
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Muzinich targeting up to $1bn for new infrastructure strategy

Private Equity Wire

US credit firm Muzinich & Co, in partnership with Asian alternative investment platform Orion3, has launched a private debt strategy focused on infrastructure and real assets to address the sector’s growing global funding shortfall, according to a report by Bloomberg. The report cites Andrew Tan, Muzinich’s CEO for the Asia Pacific region, as confirming that the fund, which was officially launched on Monday, has secured an initial investment of $120m, and is targeting between $500m and $1bn

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Should You Buy Shiba Inu While It's Trading Under $0.0001?

The Motley Fool

In the 12 months between Jan. 1, 2021, and Dec. 31, 2021, Shiba Inu (CRYPTO: SHIB) delivered a return of 45,278,000%, which could have turned a perfectly timed investment of just $3 into more than $1 million. That trounces the return of just about every stock in history -- including Nvidia , which is up 476,000% since its initial public offering (IPO) in 1999.

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Clawback conversations: A look at GP attitudes and preferences in waterfall structures and clawback risk

Private Equity Wire

A persistently muted deal landscape, resulting from skyrocketing debt costs and widespread macro-economic uncertainty, have steadily upped the pressure on private equity GPs over the past two years. Among the sources of pressure is the risk of clawbacks – LP claims on GPs’ carried interest in the event of losses. This report dives deeper into how these risks are playing out under current market conditions, and what firms are doing to adapt.

Debt 87
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These 3 Changes Are Coming to IRAs in 2025

The Motley Fool

Image source: Getty Images If you're saving and investing for retirement, it's important to check once a year to see if there are any new rules or changes coming to IRAs. The IRS occasionally makes changes and updates, such as raising contribution limits or updating the requirements for withdrawing money from IRAs. Knowing the latest rules for traditional and Roth IRAs can help you maximize your tax advantages, save more money for retirement, and avoid unexpected tax bills.

Taxes 245
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Salesforce Ventures brings AI fundraising to $1bn through latest fund in strategy

AltAssets

Salesforce Ventures has brought its AI-focused fundraising to $1bn in the past 18 months through the final close of a new fund. The post Salesforce Ventures brings AI fundraising to $1bn through latest fund in strategy appeared first on AltAssets Private Equity News.

Funds 87
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We're Closer to Nailing Down a 2025 Social Security COLA. Here's How Much of a Boost the Average Retiree's Benefit Might Get

The Motley Fool

If you're someone who gets a big chunk of your retirement income from Social Security, then you may be itching to know what 2025's cost-of-living adjustment, or COLA, will amount to. Each year, Social Security benefits are eligible for an automatic COLA. And the higher that number is, the more buying power you stand to enjoy. But as eager as you may be to learn about 2025's Social Security COLA, you're going to have to sit tight a bit longer.

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Panda Restaurant Group anchors $780m CFT Capital Management co-investment fund

AltAssets

LA-based CFT Capital Management has raised more than $780m for its second co-investment fund. The post Panda Restaurant Group anchors $780m CFT Capital Management co-investment fund appeared first on AltAssets Private Equity News.

Capital 81
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The Middle Class Is Shrinking. That's Both Good News and Bad News

The Motley Fool

Image source: Getty Images There used to be more Americans in the middle class. In fact, according to recent data from Pew Research, 61% of Americans lived in middle-class households in 1971, while just 51% were in the middle class in 2023. The fact that there are so many fewer middle-class people in the U.S. may seem like a dire catastrophe, especially as a middle-class lifestyle is often considered the dream of people who want a financially stable life with the necessities covered and some mon

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Circularity Capital names new Operating Principal

Private Equity Wire

Circularity Capital, a specialist private equity firm supporting growth stage European businesses in the circular economy, has appoint of Julediet Buffey as an Operating Principal in its portfolio growth team. Joining the business from LDC’s value creation team, Buffey brings extensive experience in driving revenue growth through optimising sales, marketing and pricing strategies.

Capital 80
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Planning to Retire at Age 70? Here's Why You Shouldn't Count On It.

The Motley Fool

As of 2022, the average retirement age in the U.S. was 61, according to a Gallup Poll. But you may be making plans to leave the workforce at a much later age than that. Given an increase in life expectancies, it's not a bad idea to aim to retire at age 70 instead of planning to do in your mid- or even late 60s. In fact, retiring at age 70 offers a number of benefits.

Banks 240
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Palladio Partners appoints MD in customer service team

Private Equity Wire

Palladio Partners, an investment boutique specialised in infrastructure, private equity and private debt real assets, is expanding its customer service team with the appointment of Sikandar Salam as Managing Director effective immediately. Salam, who will be advising German institutional investors on their investments in infrastructure and private equity, has over 35 years’ professional experience in asset management and financial services, most recently as Managing Director at Fisch Asset Manag

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How Coinbase's Newest Innovation Could Boost Bitcoin's Long-Term Value by Billions

The Motley Fool

Although Bitcoin (CRYPTO: BTC) remains the most valuable cryptocurrency in the world, it lacks much of the functionality other cryptocurrencies possess today, particularly smart contract capabilities. Without smart contracts, Bitcoin holders are unable to directly participate in the rapidly growing decentralized finance (DeFi) economy, where users engage in lending, borrowing, yield farming, and even buying non-fungible tokens (NFTs).

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Ares Management seals biggest real estate fund yet with $3.3bn final close

AltAssets

Ares Management has raised its biggest real estate fund to date by hauling in more than $3.3bn for RE Opportunity Fund IV - a 50% increase from its predecessor fund in the strategy. The post Ares Management seals biggest real estate fund yet with $3.3bn final close appeared first on AltAssets Private Equity News.

Funds 72
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What's a Good Net Worth for Someone Your Age?

The Motley Fool

Image source: The Motley Fool/Upsplash If you want to know how you're doing financially and whether you're wealthy (or on the path to wealth), tracking your net worth is the best way to do it. Your net worth is determined by adding up the value of all of your assets, like your home and investments, then subtracting all your liabilities or debts like your mortgage or credit cards.

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Moderne Ventures’ corporate relationships-focused dealmaking attracts $230m for third fund

AltAssets

Moderne Ventures has picked up $230m for its third flagship generalist venture capital and growth equity fundraise. The post Moderne Ventures’ corporate relationships-focused dealmaking attracts $230m for third fund appeared first on AltAssets Private Equity News.

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Prediction: This Will Be the First Healthcare Stock to Join the Trillion-Dollar Club

The Motley Fool

Right now, there are seven companies in the world with a market capitalization in excess of $1 trillion. Those companies are Apple , Microsoft , Nvidia , Amazon , Alphabet , Saudi Aramco, and Meta Platforms. Considering how integrated technology has become in almost all aspects of daily life, it's not entirely surprising that many of the largest companies in the world operate in the technology industry.

Prospects 221
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Fast content creation: AI’s benefits and limits

Million Dollar Round Table (MDRT)

By Antoinette Tuscano, MDRT senior content specialist OpenAI’s ChatGPT debuted in November 2022 and quickly hit 100 million users, becoming the fastest-growing application in internet history, according to the International Monetary Fund. “It’s important for everybody to understand how fast this (AI) is going to change,” said Eric Schmidt, the former CEO and chairman of Google, in 2023.

Funds 65
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Top 3 Signs You Need to Cancel Your Credit Card

The Motley Fool

Image source: The Motley Fool/Getty Images Credit cards are a useful financial tool. You can use them to pay for everyday purchases, easily shop in-store or online, and earn rewards when you swipe your cards. But it's essential to use credit cards carefully. Otherwise, your actions can negatively impact your wallet. Are you feeling uneasy about your recent credit card usage habits?

Debt 204
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EU competition chief warns against weakening rules to create champions

Financial Times M&A

Margrethe Vestager’s comments come as successor told to be ‘more supportive’ of companies

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The Fed May Cut Interest Rates This Week. History Says Stocks Will Do This Next.

The Motley Fool

The long-awaited moment has arrived. The Federal Reserve is meeting this week, and economists are predicting policymakers will launch the first interest rate cut in four years. The Fed began lifting rates back in 2022 to calm raging inflation and since has lifted the benchmark rate 11 times, leaving it at 5.5% today. That's the highest level in more than 20 years.