The Motley Fool

OCTOBER 18, 2024

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

Returns 246

Returns Companies Accounting Capital 246

Private Equity Professional

OCTOBER 18, 2024

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.

Funds 130

Funds Legal Capital Capital Investments 130

The Motley Fool

OCTOBER 18, 2024

Boeing (NYSE: BA) investors just can't seem to catch a break. As a 50% owner of space company United Launch Alliance ( Lockheed Martin (NYSE: LMT) owns the other 50% of ULA), Boeing should have gotten a boost earlier this month when ULA "successfully" launched its Vulcan Centaur heavy lift rocket for the second time ever. Image source: ULA. There's a reason I put "successfully" in quote marks, however.

Investors 246

Investors Returns Companies Portfolios 246

Private Equity Professional

OCTOBER 18, 2024

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

Education 100

Education Consulting Consultants Business Services 100

The Motley Fool

OCTOBER 18, 2024

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.

Private Companies 246

Private Companies Returns Investors Companies 246

Private Equity Professional

OCTOBER 18, 2024

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.

Funds 100

Funds Buyout Capital Finance 100

A Wealth of Common Sense

OCTOBER 18, 2024

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.

Financing 110

Financing Finance 110

The Motley Fool

OCTOBER 18, 2024

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.

Exchange-Traded Funds 246

Exchange-Traded Funds Funds Stock Market Stock Market 246

AltAssets

OCTOBER 18, 2024

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.

Capital 94

Capital Investors Debt Buyout 94

The Motley Fool

OCTOBER 18, 2024

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.

Returns 246

Returns Companies Investing Investors 246

AltAssets

OCTOBER 18, 2024

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.

Private Equity Firms 78

Private Equity Firms Private Equity Firms Funds Buyout 78

The Motley Fool

OCTOBER 18, 2024

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.

Financing 246

Financing Finance Returns Investors 246

AltAssets

OCTOBER 18, 2024

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.

Capital 84

Capital Funds Investors Asset Management 84

The Motley Fool

OCTOBER 18, 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.

Companies 246

Companies Financing Finance 246

Private Equity Wire

OCTOBER 18, 2024

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.

Investing 91

Investing Legal Companies 91

The Motley Fool

OCTOBER 18, 2024

Image source: The Motley Fool/Getty Images If you use credit cards often but have a credit card that doesn't earn rewards, you're missing out. You can earn points, miles, or cash back when you swipe your card. But are you worried you may go into debt while trying to earn rewards? I have good news -- you can earn rewards without accumulating debt. You just need to take care when using your cards.

Debt 245

Debt Accounting Banks 245

Private Equity Wire

OCTOBER 18, 2024

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.

Leveraging 88

Leveraging Asset Management Assets Returns 88

The Motley Fool

OCTOBER 18, 2024

The S&P 500 is regarded as the best overall benchmark of the U.S. stock market and consists of the 500 largest publicly traded companies in the country. Given the range of its member companies, it is considered to be the most dependable gauge of overall stock market performance. To become part of the S&P 500, a company must meet the following prerequisites: Be a U.S.

Leveraging 245

Leveraging Investment Banks Investment Banking Stock Market 245

Private Equity Wire

OCTOBER 18, 2024

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%).

Taxes 87

Taxes Consulting Consultants Finance 87

The Motley Fool

OCTOBER 18, 2024

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.

Accounting 244

Accounting Companies Investing 244

Financial Times: Moral Money

OCTOBER 18, 2024

Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosure

Companies 89

Companies Investors 89

The Motley Fool

OCTOBER 18, 2024

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.

Returns 244

Returns Companies Investors Investing 244

Private Equity Wire

OCTOBER 18, 2024

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.

Pension Funds 74

Pension Funds Leveraging Assets Capital 74

The Motley Fool

OCTOBER 18, 2024

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.

Funds 244

Funds Exchange-Traded Funds Returns Portfolios 244

Private Equity Wire

OCTOBER 18, 2024

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.

Assets 80

Assets Funds Investment Firms Capital 80

The Motley Fool

OCTOBER 18, 2024

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.

Finance 242

Finance Financing Returns Investors 242

The Big Picture

OCTOBER 18, 2024

This week, we speak with Brian Higgins , co-founder, managing partner and co-portfolio manager of King Street. Higgins focuses on handling distressed securities, real estate investments and credit. He is chair of the Management Committee, Global Investment Committee, Real Estate Investment Committee, and is a member of the Risk Committee and Operating Committee.

Funds 57

Funds Portfolios Hedge Funds Investing 57

The Motley Fool

OCTOBER 18, 2024

Nvidia (NASDAQ: NVDA) is having quite the run in 2024. It entered the year trading for roughly a split-adjusted $50 but has rocketed all the way up to around $130. Now, the question is, could Nvidia reach $150 before 2025 arrives to secure a second consecutive year of its stock price tripling? It doesn't have far to go, but there are still many trading days left before the end of 2024, which could bring some surprises.

Shareholders 242

Shareholders Returns Accounting Investors 242

Financial Times M&A

OCTOBER 18, 2024

Private equity titans cause a stir in the country, with a rare battle over Japanese software company

Companies 83

Companies 83

The Motley Fool

OCTOBER 18, 2024

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.

Shareholders 242

Shareholders Banks Returns Companies 242

Motley Fool Asset Management

OCTOBER 18, 2024

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.

Investing 52

Investing 52

The Motley Fool

OCTOBER 18, 2024

Many families see 529 plans as the go-to college savings accounts because of their tax benefits. Your contributions might reduce your state income tax liability, depending on your plan, and interest grows tax deferred. If you use the money for qualifying educational expenses, you won't owe any taxes on withdrawals. Because the government doesn't want people stashing money into them just to avoid taxes, there's also a 10% penalty for noneducational withdrawals.

Funds 241

Funds Taxes Education Liabilities 241

American Investment Council

OCTOBER 18, 2024

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.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Investing Financial Services 52

The Motley Fool

OCTOBER 18, 2024

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.

Returns 240

Returns Financing Finance 240