This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
One of the biggest secular tailwinds in recent years is the advent of artificial intelligence (AI). The latest advancements in AI went viral early last year, and the list of companies in the $1 trillion club is littered with businesses on the leading edge of this next-generation technology. For example, Apple products -- including Siri and Maps -- have always embraced AI, while Microsoft , Alphabet , Amazon , and Meta Platforms have developed seemingly impenetrable moats by integrating AI deeply
Victor Capital Partners has held a final, above target, and oversubscribed closing of Victor Capital Partners Fund II LP with $310 million of capital commitments. The fund was backed by both existing and new institutional investors. Victor Capital invests in middle-market companies that have at least $20 million in revenues and are active in industrial manufacturing, technologies, and services; specialty consumer products and services; and business services.
There's no question that Nvidia (NASDAQ: NVDA) has been the biggest winner in the artificial intelligence (AI) boom. The AI chip stock added a whopping $3 trillion in market cap since the beginning of 2023, shortly after ChatGPT was launched. However, throughout the first half of the year, there was a surprising rotation out of Nvidia stock. A number of billionaire investors who had capitalized on the stock's initial gains sold the AI stock , arguing that there were better opportunities elsewher
It’s estimated baby boomers will pass down more than $80 trillion to their millennial and Gen X heirs over the next 20 years. This is going to be the greatest wealth transfer the world has ever seen. The timing of these transfers will be a hotly debated topic for many families. Baby boomers were born between 1946 and 1964, making them in the range of 60-78 years old.
Financial services is one of Warren Buffett's favorite industries. His investment vehicle, Berkshire Hathaway , owns a number of insurance and bank stocks. Another high-profile investor, Cathie Wood, also owns a number of financial services stocks across her exchange-traded funds (ETFs). One rare position that Wood and Buffett share is a fintech company called Nu Holdings (NYSE: NU).
An incredible feat happened last week. Private company SpaceX successfully launched and "caught" its 20-story Starship rocket as it returned to Earth, a key step in making its large rocket reusable and ready for human missions to the Moon and Mars. Starship is the largest rocket ever put into development, with plans for a 150- to 250-ton payload once it starts commercial launches.
If you look into ETFs, you’ll find that many of them are passive ETFs that follow an index. While many index ETFs might be familiar—they track market-based indices like the S&P 500—there are other types of index ETFs as well, including proprietary and smart beta.
If you look into ETFs, you’ll find that many of them are passive ETFs that follow an index. While many index ETFs might be familiar—they track market-based indices like the S&P 500—there are other types of index ETFs as well, including proprietary and smart beta.
There are many misconceptions about investing, and a common one is that it's difficult. Are there many moving parts that are confusing, even for those who study this for a living? Absolutely. Does it have to be complicated or require "advanced knowledge"? Not at all. One way to simplify investing is to use exchange-traded funds ( ETFs ). Seasoned investors preach the importance of a well-rounded and diversified portfolio , and using ETFs is arguably the easiest way to accomplish this goal.
Central Europe-focused private equity firm ARX Equity Partners has hit a first close for its €100m-targeting fifth fund. The post Central Europe-focused ARX Equity strikes €78m first close for fifth flagship fund appeared first on AltAssets Private Equity News.
Times are frothy for the travel industry these days, so it wasn't exactly surprising to hear good news coming from top American carrier United Airlines (NASDAQ: UAL) several days ago. On the back of a strong quarterly earnings report and a subsequent clutch of analyst price target raises, the company's shares experienced quite a lift. According to data compiled by S&P Global Market Intelligence , they were up by almost 19% in value week to date as of Friday prior to market open.
So you've got $100,000 and you want to build it into $1 million for retirement. That's great -- and it's not such an audacious goal, either. It's rather doable for many people. (Even if you don't have $100,000 you may be able to accumulate $1 million or more -- read on.) Here's a look at some strategies that can get you from $100,000 to $1 million -- or from $0 to $1 million.
GenNx360 Capital Partners has agreed to sell its portfolio company, ITsavvy , to publicly traded Xerox Holdings for $400 million comprised of $180 million in cash at closing and $220 million in secured promissory notes. ITsavvy is a provider of IT services and products, including software, cloud services, managed services, and hardware (servers, networking products, and workstations – 99% of the company’s in-stock IT products ship the same day) to more than 4,500 small to medium-sized businesses
In 2025, more than 72.5 million Americans will start getting more money from Social Security. That's because those who receive benefits are entitled to a cost-of-living adjustment (COLA) next year. If you're one of those Americans, you may actually be disappointed by your COLA, since it probably won't be as big as you hoped. Although it's understandable to be frustrated you aren't getting the raise you may have been anticipating, it's actually a good thing if you understand the details.
Achieve Partners has made an investment in Ascend Partners , a provider of consulting and software services to businesses to enable them to better manage their financial processes. Ascend provides enterprise performance management services and specializes in implementing and managing OneStream software, which is used for financial consolidation, reporting, budgeting, planning, forecasting, and integrations with other financial systems.
Image source: Getty Images The decision to join Costco is an obvious one for some people. You may find that the benefit of saving money on groceries and household essentials outweighs the cost of a membership. But if you're going to shop at Costco, you need to know the rules. Here are a few that may surprise you -- for better or worse. 1. Your Costco membership can be terminated at any time Many people remain loyal Costco members for years.
Corbel Capital Partners has closed Corbel Equity Partners SBIC LP (CEP III) with over $200 million in capital commitments. CEP III is one of the first licensees approved by the Small Business Administration (SBA) under its new accrual program. The regulatory framework for this program was established in August 2023 to create a new type of Small Business Investment Company (SBIC) called an Accrual SBIC.
If you want to grow your portfolio's balance to more than $1 million, a good way to balance risk and growth is by investing in an exchange-traded fund (ETF). An ETF can, through diversification, minimize your overall risk and at the same time, rise in value as it benefits from market and industry-specific trends. It's a win-win for investors and can be an easy way to invest, especially if you aren't comfortable with picking individual stocks.
New York-based private equity and credit investor MidOcean Partners has brought in former Värde president Jon Fox as global head of capital formation. The post MidOcean Partners hires Värde veteran Fox as global head of capital formation appeared first on AltAssets Private Equity News.
When Social Security retirees receive their Cost-of-Living Adjustment (COLA) in 2025, they'll experience something that no retiree has for a generation. Something unprecedented has occurred with the 2025 COLA which has not happened since 1997, and it's not great news for seniors. Here's what's happening next year, along with some details about what this unusual event means for America's retirees.
Ping An Insurance's main offshore investment and asset management platform has raised $850m for the final close of the third vintage of its private equity fund program. The post AlpInvest, Montana Capital lead investors in $850m Ping An Insurance overseas PE fund close appeared first on AltAssets Private Equity News.
Shares of ASML Holding (NASDAQ: ASML) plunged after the maker of semiconductor equipment lowered guidance and said that recovery in some chip markets would extend into 2025. The drop pushed the stock into negative territory on the year. The stock came under pressure earlier this year after the U.S. government announced it was looking to implement more strict trade restrictions on companies that sell advanced technology to China, which extended beyond U.S. companies to firms that do a lot of busi
Aerospace and defence-focused Liberty Hall Capital Partners has closed an oversubscribed single-asset continuation fund to support the continued growth of safety and training platform Comply365. The post Lead Edge Capital leads investment in Liberty Hall Capital continuation fund for Comply365 appeared first on AltAssets Private Equity News.
You can build tremendous wealth over time in the stock market, but it's helpful to swim with the tide, not against it. Investing in fast-growing industries can stack the odds in your favor. Artificial intelligence (AI) is one of the most promising arenas for outstanding stocks right now. Here are two leaders in AI hardware and software that could deliver significant gains over the long term. 1.
Danish pension fund P+, which serves academics, has appointed Henrik Küseler, in a newly created position as Director and Co-Lead of Strategic Initiatives within its Alternatives team, according to a report by AMWatch. Küseler, who previously spent seven years at P+, four as Head of Private Equity, left the pension scheme in March for a role at AkademikerPension as Senior Investment Director.
The Dow Jones Industrial Average tracks the performance of 30 industry-leading companies. The index recently surged to new highs, but some of its component companies haven't yet recovered from the 2022 bear market and are trading at rock-bottom share prices that could potentially set up a sharp rebound over the next year. Here are two timely buys right now. 1.
A stable policy environment is critical if the UK Government is to boost M&A activity, according to more than half (56%) of UK dealmakers who took part in CIL’s Investment 360 Index survey, citing it as the top priority to be addressed. Other key priorities include closer alignment with the European Union (33%), easier access to finance for SMEs (23%) and improving labour market flexibility and mobility (23%).
It was a mere 20 years ago that industrial and energy titans General Electric and ExxonMobil were the world's most valuable companies when measured by market cap, with values of $319 billion and $283 billion, respectively. Now, just two decades later, technology interests lead the field. Heading up the list are some of the world's most familiar technology names.
Blackstone (BX.N), the world’s largest alternative investment firm, surpassed Wall Street estimates for its key earnings metric in the latest quarter, reporting a record $1.1tn in assets under management (AUM) and an increase in fund value, according to a report by Reuters. The New York-based firm saw $41bn in inflows during the third quarter, while deploying and committing $54bn in capital, its highest in over two years.
For many, the Roth IRA is the best thing since sliced bread. And there's one perk that always steals the spotlight: tax-free income during retirement. With a Roth IRA, you pay taxes upfront, and after you turn 59 1/2 and meet the five-year rule , all the money in your account is tax-free. Sounds pretty great, right? Even if your account grows to over $1 million, you won't have to share a dime with Uncle Sam.
BGF has exited its investment in DriveWorks, a provider of design automation and 3D sales product configuration software to manufacturing and engineering companies, generating a money multiple of 2.7x and an IRR of 32%. DriveWorks, co-founded by Glen Smith and Maria Sarkar in 2001, has been acquired by Bechtle AG, a €6bn revenue technology group headquartered in Neckarsulm, Germany.
Shares of Rocket Lab (NASDAQ: RKLB) jumped as much as 13.4% in trading this week after the company announced a new launch as early as tomorrow. According to data provided by S&P Global Market Intelligence , shares are up 9% for the week as of 12:30 p.m. ET on Friday. Rocket Lab's latest launch On Wednesday, Rocket Lab announced it would add another launch to the schedule in a flight window that begins tomorrow, Oct. 19.
Barings is set to introduce a middle-market collateralised loan obligation (CLO) in Europe, amid growing interest in the strategy from several private credit firms in the region, according to a report by Bloomberg. The report cites public filings as revealing that the US asset manager has launched a warehouse vehicle for its inaugural European middle-market CLO, signalling the company’s intention to package private credit loans into a CLO structure.
Trading platform Robinhood (NASDAQ: HOOD) unveiled a new active trading platform on Wednesday in hopes of attracting more traders. The products are impressive, but it's how these features fold into Robinhood's business model that should have investors bullish on the stock, which Travis Hoium covers in this video. *Stock prices used were end-of-day prices of Oct. 17, 2024.
Image source: Getty Images If you're joining Costco, you have a choice. You could pay $65 a year for a basic Gold Star membership that lets you shop at the warehouse club. Or, you could upgrade to the Executive membership at a cost of $130 per year. In exchange for the extra $65 an Executive membership costs, you get to earn 2% cash back on your Costco purchases.
Senator Tillis: “Private equity has been a very important part of the ecosystem to drive innovation and the growth that we’ve had in North Carolina over the last decade.” CHARLOTTE, N.C. – Yesterday, the American Investment Council sponsored an event hosted by Punchbowl News exploring how private equity investments fuel innovation, small businesses, and the health care sector in North Carolina.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content