The Motley Fool

OCTOBER 11, 2024

Image source: Getty Images After much hemming and hawing, I finally joined Costco via its website a few weeks ago. I bought a house earlier this year, and I've got more storage space now, plus I was eager to maximize a Costco membership by taking advantage of deals on appliances, furniture, electronics, and more. I recently visited the store location closest to me (which is an hour away), and it was an eye-opening experience.

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Private Equity Professional

OCTOBER 11, 2024

Broco Rankin , a portfolio company of Salt Creek Capital , has acquired Ready Welder Corporation. Ready Welder specializes in portable welding products. The company’s flagship product, the ReadyWelder II , is a battery-powered, spool gun-style welder designed for use in remote locations without access to traditional welding equipment. This product allows users to weld anywhere, without the need for an electrical outlet—a concept that pioneered the “Weld in the Wild” category.

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Capital Portfolios Companies Investing 130

The Motley Fool

OCTOBER 11, 2024

Tesla (NASDAQ: TSLA) tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's "We, Robot" presentation in Hollywood last night. In no particular order, Tesla unveiled a bartending Tesla Bot. Image source: Tesla. an autonomous Robovan that can carry 20 passengers. Image source: Tesla. and a 2-door Cybercab (that on the company's website is still confusingly called "Robotaxi").

Companies 246

Companies Returns Investing Investors 246

Private Equity Professional

OCTOBER 11, 2024

Tengram Capital Partners has sold HRB Brands to Sodalis Group , an Italy-based beauty and personal care platform. HRB Brands is one of the largest independent branded personal care companies in North America. The company’s brands include Alberto VO5, Zest, Coast, Brut, Pert, Sure, Rave, and Thicker Fuller Hair. HRB Brands outsources the manufacturing of its products to a network of contractors based in both the United States and Mexico.

Capital 130

Capital Leveraging Portfolios Companies 130

The Motley Fool

OCTOBER 11, 2024

Nvidia (NASDAQ: NVDA) was the best-performing stock in the S&P 500 (SNPINDEX: ^GSPC) over the last five years, with shares soaring 2,890%. The company completed two stock splits during that period. The first was the 4-for-1 stock split in July 2021, and the second was the 10-for-1 stock split in June 2024. Monster gains notwithstanding, Wall Street is still bullish on the semiconductor company.

Returns 246

Returns Portfolios Investors Companies 246

Private Equity Professional

OCTOBER 11, 2024

New York-based Cortec Group has added Robert Schwartz to its investment team as a new partner. Mr. Schwartz joins Cortec from TZP Group , a lower middle market private equity firm which invests primarily in consumer and business-to-business products and service companies. While at TZP, Mr. Schwartz led several of the firm’s consumer products and business services companies and also served as leader of the firm’s portfolio operations group.

Due Diligence 100

Due Diligence Private Equity Firms Private Equity Firms Assets 100

Private Equity Wire

OCTOBER 11, 2024

Companies owned by private equity (PE) firms are defaulting on their credit at a significantly higher rate compared to other speculative-grade borrowers, according to a report by Bloomberg citing a recent report from Moody’s Ratings. From January 2022 to August 2023, private equity-backed companies had a default rate of 17%, nearly double the rate of non-PE-backed firms, Moody’s revealed in its report published on Thursday.

Private Equity Firms 96

Private Equity Firms Private Equity Firms Mergers and Acquisitions Leveraging 96

The Motley Fool

OCTOBER 11, 2024

Artificial intelligence (AI) is the hottest investing theme of the moment. Much ink has been spilled on the technology's awesome power and potential economic impact. Could it be as transformative as its evangelists would have you believe? PwC -- one of the "big four" accounting firms -- believes AI can add $15.7 trillion to the global economy by 2030.

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Capital Banks Funds Returns 246

Private Equity Wire

OCTOBER 11, 2024

Blue Owl Capital Inc is continuing its push into asset-based finance with the purchase up to $2bn worth of consumer instalment loans from fintech lender Upstart Holdings Inc, according to a report by Bloomberg News citing a recent company statement. The deal will unfold over the next 18 months through a forward-flow agreement, where the buyer commits to acquiring loans before they are even originated.

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Capital Financing Finance Assets 94

The Motley Fool

OCTOBER 11, 2024

One of the most important pieces of generative artificial intelligence (AI) development is sophisticated chipsets called graphics processing units (GPUs). Right now, Nvidia (NASDAQ: NVDA) absolutely dominates the GPU realm thanks to its A100 and H100 chipsets. While these products contributed to record revenue and profit growth for Nvidia over the last couple of years, the company's new Blackwell series GPUs could wind up being its biggest product yet.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Hedge Funds Prospects Companies 246

AltAssets

OCTOBER 11, 2024

Global private equity dealmaking and fundraising metrics through Q3 are tracking ahead of the same period in 2023 as interest rates begin to loosen - but fundraising activity could fade as year end approaches, new data from PitchBook shows. The post PE dealmaking, fundraising suprise to the upside through Q3 – but capital raising could slide towards year end: PitchBoook appeared first on AltAssets Private Equity News.

Capital 95

Capital Buyout Funds Investing 95

The Motley Fool

OCTOBER 11, 2024

Nvidia (NASDAQ: NVDA) is known for inventing, staying ahead of the curve, and surprising the market with its latest innovations. This has helped the company dominate the artificial intelligence (AI) chip market, seizing 80% share, and become a general AI powerhouse. Nvidia isn't about just AI chips anymore. The company sells an entire suite of products and services, from networking to enterprise software, to serve customers with AI projects.

Professional Services 246

Professional Services Consulting Consultants Returns 246

AltAssets

OCTOBER 11, 2024

Mill Point Capital has more than doubled its capital under management through the rapid $1.7bn final close of its third fund. The post Mill Point’s $1.7bn third fund was fully allocated at hard cap less than a month after launch, firm says appeared first on AltAssets Private Equity News.

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Funds Capital Buyout Investing 94

The Motley Fool

OCTOBER 11, 2024

Apple (NASDAQ: AAPL) may be the world's largest company, with a $3.4 trillion market cap, but that doesn't mean it will retain that place forever. Some cracks in Apple's armor could make it vulnerable, allowing other companies to pass Apple in market cap. Here are three stocks that could be worth more than Apple five years from now. What's wrong with Apple?

Returns 246

Returns Companies Investors Investing 246

AltAssets

OCTOBER 11, 2024

Audax Private Debt has brought in former Stifel and Barclays Wealth exec John Wierzba as a managing director focused on wealth management investor relations. The post Ex-Stifel, Barclays Wealth exec Wierzba to help boost Audax private debt wealth management IR appeared first on AltAssets Private Equity News.

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Debt Investors Buyout Funds 93

The Motley Fool

OCTOBER 11, 2024

There are no two ways about it: The dawn of the artificial intelligence (AI) revolution in early 2023 has been a windfall for chipmaker Nvidia (NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that have become the gold standard for a variety of use cases by providing the computational horsepower needed to underpin video games, data centers, and even earlier versions of AI.

Consulting 246

Consulting Consultants Returns Investors 246

AltAssets

OCTOBER 11, 2024

Siguler Guff has raised more than $580m for the latest vintage of its small business lending strategy, beating its $500m target. The post Siguler Guff seals more than $900m for new small business lending deals appeared first on AltAssets Private Equity News.

Debt 85

Debt Funds Buyout Investing 85

The Motley Fool

OCTOBER 11, 2024

Investing in exchange-traded funds (ETFs) can give you exposure to many different areas of the economy. They're not just a way to mirror the overall markets. ETFs can also allow you to tap into different growth opportunities and take advantage of sectors of the market which may be poised to do better than the S&P 500. Vanguard funds are popular options with investors for their strong track records, diversification, and low fees.

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Exchange-Traded Funds Funds Investors Portfolios 246

AltAssets

OCTOBER 11, 2024

Clayton Dubilier & Rice is in talks to buy a controlling stake in the consumer health business of Sanofi which could value it at up to €15bn. The post Deal Roundup: CD&R said to eye Sanofi’s Opella at €15bn valuation, Bain Capital scrapped Kioxia IPO after huge valuation gap with investors: report appeared first on AltAssets Private Equity News.

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Capital Stakes Investors Buyout 82

The Motley Fool

OCTOBER 11, 2024

Artificial intelligence (AI) expert SoundHound AI (NASDAQ: SOUN) has about two decades of operating history and technology development under its belt. At the same time, it's a young company on the stock market. SoundHound AI entered the public stock market by merging with a special purpose acquisition company (SPAC) in the spring of 2022. Ten earnings reports later, the maker of AI-powered voice control systems boosted its trailing-12-month revenue from $21.8 million to $55.5 million while lower

Investors 246

Investors Prospects Stock Market Stock Market 246

AltAssets

OCTOBER 11, 2024

Sagard-backed venture capital investor Diagram has beaten its target for its latest fund close by reaching its $80m hard cap for the climate-focused investment vehicle. The post Sagard-backed VC investor Diagram hits $80m hard cap for climate tech fund appeared first on AltAssets Private Equity News.

Venture Capital 80

Venture Capital Funds Investors Capital 80

The Motley Fool

OCTOBER 11, 2024

As 2023 was winding down, more and more prominent Wall Street analysts were moving to the sidelines with Sea Limited (NYSE: SE) stock. The company's revenue was barely up 5% during the year, which isn't enough to get the attention of growth investors. Sales for its video game unit were down big. And its e-commerce segment lost a lot of money. Moreover, analysts were particularly concerned with e-commerce for Sea.

Financial Services 246

Financial Services Prospects Investors Return On Investment 246

Private Equity Wire

OCTOBER 11, 2024

Adenia Partners (Adenia), a private equity firm focused on growth opportunities in Africa, has extended its presence in North Africa by establishing on-the-ground representation for the firm in Egypt, its eight location on the continent. According to a press statement, the firm has hired Cairo-based Heba Hakky as Principal to lead its origination efforts as it seeks to “capitalise on the growing investment opportunities in Egypt and surrounding countries” The expansion follows the cl

Private Equity Firms 73

Private Equity Firms Private Equity Firms Financial Services Capital 73

The Motley Fool

OCTOBER 11, 2024

Dividend investing is a tried-and-true strategy for building long-term wealth. It may not be as sexy as buying the hottest hyper-growth stocks or cutting-edge technology companies, but dividend stocks can be the tortoise that drives steady portfolio wealth when looking at a multi-decade period. And it does take time. For example, if you buy a dividend stock yielding 2% that grows its dividend per share by 6% per year, it will be yielding just 3.6% in 10 years.

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Bidding Private Companies Shareholders Companies 245

Private Equity Wire

OCTOBER 11, 2024

Citigroup has appointed seasoned investment banker John LaVoie, his has 324 years of experience working with buyout firms to lead its private equity M&A division for the US West Coast, according to a report by Reuters citing an internal memo. LaVoie, whol will be based in San Francisco, will report to Michael Marcus and Michael Quadrino, Co-Heads of Citi’s global asset managers unit in North America.

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Buyout Investing Asset Management Assets 72

The Motley Fool

OCTOBER 11, 2024

Investors can find monster winners in the stock market by focusing on the rate of a company's growth. It's no secret that artificial intelligence (AI) is fueling strong returns for some companies. SoundHound AI (NASDAQ: SOUN) and Broadcom (NASDAQ: AVGO) are two stocks that have soared over the last year based on rapid growth for AI-related products.

Prospects 245

Prospects Banks Returns Stock Market 245

A Wealth of Common Sense

OCTOBER 11, 2024

A study from Cambridge University trained monkeys to expect either 2 or 20 liquid treats for completing certain tasks. Think of these rewards as income earned for doing their job. Once those baseline expectations were set, the researchers would unexpectedly give them 4 (instead of 2) or 40 (instead of 20) reward units. The crazy thing is the magnitude of the increase in reward didn’t matter — the dopamine rele.

Finance 66

Finance Financing 66

The Motley Fool

OCTOBER 11, 2024

It's amazing how much things can change in just 20 years. Two decades ago, industrial and energy stalwarts General Electric and ExxonMobil were the most valuable companies when measured by market cap, worth $319 billion and $283 billion, respectively. Jump ahead to 2024, and technology concerns are leading the way. Topping the list are three of the world's most recognizable tech companies.

Banks 245

Banks Returns Companies Accounting 245

The Big Picture

OCTOBER 11, 2024

Live from FutureProof in Huntington Beach, California, Barry Ritholtz speaks with Joe Lonsdale of 8VC. Previously, he co-founded Palantir Technologies , founded Adapar , a wealth management platform, and Opto , a private market investment platform. In this episode, Lonsdale discusses the importance of technology in various sectors, the need for innovation in defense, and the potential of AI to transform the services industry.

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Hedge Funds Venture Capital Capital Funds 62

The Motley Fool

OCTOBER 11, 2024

When it comes to dividend investing, there are two broad ways to invest: for income or for income growth. Both are important and can, frankly, be highly complementary to include in the same portfolio. Right now, for less than $200, you can buy high-yield Toronto-Dominion Bank (NYSE: TD) and dividend grower Rexford Industrial (NYSE: REXR) while they each appear to be attractively priced.

Mergers and Acquisitions 245

Mergers and Acquisitions Banks Legal Assets 245

Private Equity Wire

OCTOBER 11, 2024

Private investment house Ardian has acquired a majority stake in Vista Vision, a Milan-headquartered provider of healthcare services in ophthalmic and refractive surgery with 12 clinics in Italy and five in Romania. The founders and managers of the company, Mario Salmeri (Chairman and CEO) and Stefano Zanchi (CEO), will reinvest alongside Ardian, as well as existing investor Credem Private Equity SGR, which first invested in the business in 2020.

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Stakes Companies Investors Investing 60

The Motley Fool

OCTOBER 11, 2024

Growth stocks have experienced varying degrees of tailwinds from the ongoing bull market. While some stocks have continued to fall, others have experienced a healthy bump as strong business performance and positive investor sentiment have propelled shares upward. Now, just because a stock is trading up or down isn't a reason alone to buy or sell it.

Finance 245

Finance Financing Portfolios Financial Services 245

Private Equity Wire

OCTOBER 11, 2024

Abu Dhabi-based asset manager Lunate is considering a significant investment in HPS Investment Partners, a private credit firm, as HPS explores options for an initial public offering (IPO) or a potential sale, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that Lunate is evaluating an investment of $1 billion or more in HPS, although discussions are still ongoing and confidential.

Stakes 59

Stakes Initial Public Offering Buyout Asset Management 59

The Motley Fool

OCTOBER 11, 2024

The Vanguard S&P 500 ETF (NYSEMKT: VOO) , which tracks the S&P 500 index , is one of the most popular exchange-traded funds (ETFs) out there. And there is a good reason for this: The ETF has a long track record of strong returns. Even better, Vanguard manages to provide those returns while maintaining low fees. High fees for funds can eat into investors' returns, but with a minuscule expense ratio of just 0.03%, investors get to keep virtually all their gains when investing in the Vanguard S

Exchange-Traded Funds 245

Exchange-Traded Funds Returns Funds Investors 245