Wed.Jan 15, 2025

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OpenAI appoints Adebayo Ogunlesi to board, highlighting AI infrastructure focus

Private Equity Insights

OpenAI has added Adebayo Ogunlesi, CEO of Global Infrastructure Partners, to its board. Ogunlesi will help the company secure the infrastructure needed to advance artificial intelligence development. GIP, a private equity firm managing over $100bn in assets, owns stakes in Gatwick Airport and offshore wind projects. AI requires large-scale computational infrastructure like specialised data centres.

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Meet the Unstoppable Vanguard ETF With 58.2% of Its Portfolio Invested in the "Magnificent Seven" Stocks

The Motley Fool

The term "Magnificent Seven" was coined by Wall Street in 2023 to describe a group of seven American technology stocks that consistently outperformed the rest of the market. The group remained a dominant force in 2024, delivering an average return of 60.1% for the year: Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

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Private equity-backed Shein, Monzo & BrewDog to potentially IPO in London this year

Private Equity Insights

London IPO market looks to bounce back with prominent listings in 2025. The London Stock Exchange will potentially rebound in 2025 following a difficult 2024, where IPO activity hit its lowest levels since the financial crisis. A range of high-profile companies from diverse sectors is considering listing in London. This signals renewed investor interest and government efforts to reinvigorate the UKs capital markets.

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Upstart, Robinhood, and Opendoor Are All Spiking on Wednesday -- Here's Why They Could Go Even Higher

The Motley Fool

The stock market was having a generally strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) up by 1.7% and 2.3%, respectively, as of 10:30 a.m. ET. However, several financial technology, or fintech , stocks were spiking much higher. Lending technology platform Upstart (NASDAQ: UPST) was higher by 12%, innovative brokerage app provider Robinhood (NASDAQ: HOOD) gained nearly 10%, and real estate technology platform Opendoor (NASDAQ: OPEN) was u

Financing 237
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Serie A’s Hellas Verona acquired by Texan private equity firm Presidio Investors

Private Equity Insights

Hellas Verona, a Serie A football club, has been acquired by Presidio Investors, a private equity firm based in Texas. The firm has purchased 100% of the club from its long-standing owner, Maurizio Setti. This acquisition makes Hellas Verona the ninth club in Serie A under North American ownership. Italo Zanzi, the club’s incoming executive chairman and a former Roma executive, expressed his enthusiasm for the new chapter. “It is a profound honour to join Hellas Verona, a club that e

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2 Nasdaq-100 Stocks That Are No-Brainer Buys in 2025, and 1 to Avoid

The Motley Fool

The second year of Wall Street's bull market rally didn't disappoint. Although all three major stock indexes climbed to numerous record-closing highs throughout 2024, it's growth stocks that continued to lead the charge. The Nasdaq-100 , which is comprised of 100 of the largest non-financial public companies listed on the Nasdaq stock exchange, gained 25% last year and 92%, in aggregate, over the two-year period between the start of 2023 and end of 2024.

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Providence Equity explores £1bn sale of CloserStill Media amid sector growth

Private Equity Insights

Providence Equity Partners is considering the sale of CloserStill Media, a UK-based events business, in a deal that could exceed 1bn. Sources indicate that discussions are in early stages and no final decisions have been made. The transaction would be the latest in a wave of deal activity within the events sector. CloserStill Media is a leading organiser of conferences across business technology, infrastructure, transportation, and healthcare industries.

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Goldman Sachs launches Capital Solutions Group to boost private equity financing

Private Equity Insights

Goldman Sachs unveiled its Capital Solutions Group, a new division aimed at strengthening its focus on financing solutions for private equity sponsors. The group combines the firms corporate finance, leveraged finance, and equity capital markets teams into one unit. The new group aims to provide tailored solutions for private equity firms. These include innovative financing options across debt, equity, and hybrid instruments.

Financing 130
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Hershey's CEO Quit Unexpectedly in January: What Investors Need to Know

The Motley Fool

There's going to be a new nameplate before long on a C-suite door of candy company Hershey (NYSE: HSY). Just after market hours last Friday -- considered by many public relations professionals to be a suitable time slot to release bad news -- it announced that CEO Michele Buck will exit the company. This was an unexpected development. After all, Buck has been at Hershey for nearly 20 years, and CEOs at the conservatively managed company tend to stay for a while (Buck herself began her tenure in

Bidding 223
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New Forests raises €410m for sustainable forestry fund backed by European investors

Private Equity Insights

New Forests, a global sustainable investment manager, has raised 410m in the first close of its latest fund, focused on climate and forestry initiatives. The fund, supported by European investors such as pension funds, insurers, and family offices, aims to reach a final target of 600m. The fund will invest in sustainable forestry projects across Europe, including reforestation, forest conservation, and carbon credit programmes.

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Why XRP Is Skyrocketing Today

The Motley Fool

XRP (CRYPTO: XRP) is posting big gains in Wednesday's trading. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. Meanwhile, Bitcoin was up 3%, and Ethereum was up 4.4%. XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and Exchange Commission ( SEC ) against Ripple Labs -- the company that created the cryptocurrency.

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Gucci owner sells €837m stakes in Paris properties to private equity firm Ardian

Private Equity Insights

Kering, the luxury group behind Gucci and Saint Laurent, has sold 60% of its stakes in three prime Paris properties to French private equity firm Ardian for 837m. The properties, located in Place Vendme and Avenue Montaigne, house flagship stores for Balenciaga, Valentino, and Boucheron. Kering will retain 40% ownership and secure its brands continued presence in the spaces.

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Why Intel Stock Fell 60% in 2024

The Motley Fool

Shares of Intel (NASDAQ: INTC) plunged 60.1% lower in 2024, according to data from S&P Global Market Intelligence. The semiconductor veteran ran into many issues last year, and the string of bad luck started many years ago. Complicating the picture even further, Intel is in the middle of an ambitious, costly, and difficult strategy shift. Intel's rough ride Intel's business performance was a mixed bag in 2024.

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IFM Investors acquires 49% stake in Splend to drive rideshare growth

Private Equity Insights

IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing solutions for rideshare drivers. The investment aims to fuel Splends growth, enabling the company to expand its platform and fleet while strengthening its presence in key markets. Founded in Australia, Splend offers flexible financing options tailored to the needs of rideshare drivers.

Stakes 130
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Is Medical Properties Trust's 8.4%-Yielding Dividend Safe?

The Motley Fool

High-yielding dividend stocks can provide investors with some mouthwatering payouts that appear too good to pass up. Medical Properties Trust (NYSE: MPW) is a real estate investment trust (REIT) that offers investors an incredibly high yield of 8.4% today -- that's more than six times the S&P 500 average of 1.3%. At such a high payout, you would only need to invest about $11,900 to expect to collect $1,000 in dividends over the course of an entire year.

Prospects 147
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Hildred Capital closes $800m healthcare private equity fund

Private Equity Insights

Hildred Capital Management closed its third fund, Hildred Equity Partners III, raising over $800m. The fund, which surpassed its $600m target and reached its hard cap in seven months, is more than double the size of its predecessor, which closed in 2021 with $363m. The fund received backing from a diverse range of investors, including public pension plans, financial institutions, endowments, private wealth platforms, family offices, and high-net-worth individuals.

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Wells Fargo (WFC) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Wells Fargo (NYSE: WFC) Q4 2024 Earnings Call Jan 15, 2025 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise.

Banks 130
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Lion Equity Partners Completes Acquisition of Global Compression Services from Warren Equipment Company

Private Equity Professional

Lion Equity Partners has acquired Global Compression Services from Warren Equipment Company , a Texas-based provider of heavy equipment and support services. Global Compression Services (GCS) is a distributor of original equipment manufacturer (OEM) and aftermarket parts and components for reciprocating natural gas engines and compressors. The company also manufactures specific components and provides a range of specialized services, including technical support, consultation, repair, and mainten

Companies 130
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Why Summit Therapeutics Rocketed 584% in 2024

The Motley Fool

Shares of biotech Summit Therapeutics (NASDAQ: SMMT) skyrocketed 583.7% in 2024, according to data from S&P Global Market Intelligence. Summit was an early-stage biotechnology stock heading into the year, but the company graduated to a higher class in 2024 following promising trial results for Ivonescimab, its monoclonal antibody drug for lung cancer.

Returns 130
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Harbour Group Enters the Pet Grooming Sector with Newest Platform

Private Equity Professional

Harbour Group has acquired Senproco and its wholesale distribution division, Groomer’s Choice Pet Products. Senproco and Groomers Choice (together Senproco) manufacture and distribute a range of pet grooming products and related supplies used by thousands of professional pet groomers. The companys products include shampoos, conditioners, sprays, colognes, bathing equipment, and grooming tools, as well as pet apparel, toys, and treats.

Financing 130
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Could AI Agents Be the Next Billion-Dollar Investment Opportunity in Crypto?

The Motley Fool

The intersection of artificial intelligence (AI) and cryptocurrency is leading to some intriguing new investment opportunities for 2025, including a few that could potentially become billion-dollar opportunities. Currently, the one investment opportunity that has everyone's attention involves AI agents. Broadly speaking, these AI agents are similar to the ones being launched by major tech companies, but with a crypto and blockchain twist.

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Goldman Sachs close to closing Trackunit deal

Private Equity Wire

Goldman Sachs Groups private equity arm is close to finalising a deal to acquire Danish telematics company Trackunit, according to a report by Bloomberg sources familiar with the matter. The Goldman unit is in advanced discussions with Trackunits current owner, buyout firm Hg, about a transaction that could value the company at over $1bn, the sources said, requesting anonymity due to the confidential nature of the talks.

Buyout 91
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The Ultimate High-Yield REIT Turnaround Stock to Buy With $1,000 Right Now

The Motley Fool

After 24 consecutive annual dividend increases, W.P. Carey (NYSE: WPC) did something that seemed unthinkable -- it cut its dividend by 20%. That decision, which was made in 2023 but impacted the first dividend in 2024, has resulted in dividend investors avoiding this net lease real estate investment trust (REIT). That could be a buying opportunity if you have $1,000 or $100,000 to invest right now.

Assets 130
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Mountaingate Hard Caps Fund III

Private Equity Professional

Mountaingate Capital has held an above-target, oversubscribed, and hard cap close of its third lower-middle-market private equity fund, Mountaingate Capital Fund III LP with $570 million in capital commitments. Mountaingate raised the new fund in just under three months. The firms investor base for Fund III includes university and nonprofit foundations, global insurance companies, pension systems, and both domestic and international asset management firms.

Funds 100
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Massive News for MicroStrategy Stock Investors

The Motley Fool

MicroStrategy (NASDAQ: MSTR) continues buying Bitcoin as it looks to raise more capital from investors. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free *Stock prices used were the afternoon prices of Jan. 12, 2025. The video was published on Jan. 14, 2025. Should you invest $1,000 in MicroStrategy right now?

Investors 130
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Argosy Healthcare Promotes Greg Mayer to Partner

Private Equity Professional

Argosy Healthcare Partners (AHP), a private equity firm focused exclusively on the healthcare sector, has promoted Greg Mayer to Partner. Mr. Mayer joined AHP in January 2022 to establish and lead the firms portfolio support group. Before joining AHP, Mr. Mayer was the Director of Corporate Strategy and M&A at Avantor , a Pennsylvania-headquartered Fortune 500 life sciences tools and bioprocessing company.

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The Ultimate High-Yield Dividend ETF to Buy With $500 Right Now

The Motley Fool

In 2022 and 2023, rising interest rates drove many income investors from dividend stocks toward low-risk CDs, T-bills, and bonds. That trend caused many dividend-paying stocks and exchange-traded funds ( ETFs ) to lose their luster. However, the Federal Reserve cut its benchmark rates three times in 2024 and is planning for at least two more rate cuts in 2025.

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Ardian raises largest fund to take advantage of PE exit drought

Financial Times M&A

French firm closes $30bn vehicle to buy up unwanted holdings in funds from investors seeking to cash out

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Should Dividend Investors Buy 3M Stock?

The Motley Fool

3M (NYSE: MMM) made strategic changes to the business that are bearing fruit. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free *Stock prices used were the afternoon prices of Jan. 12, 2025. The video was published on Jan. 14, 2025. Dont miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks?

Investors 130
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Private equity firm Providence weighs £1bn sale in latest events transaction

Private Equity Wire

Private equity firm Providence Equity Partners is considering selling CloserStill, a UK-based events company, later this year, as the events sector experiences a surge in dealmaking post-pandemic, according to a report by the Financial Times. Providence, which acquired CloserStill in 2018, is in the early stages of evaluating a potential sale that could value the company at over 1bn, according to sources familiar with the discussions.

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BlackRock Q4 Beats Forecasts; Record AUM

The Motley Fool

Investment management giant BlackRock (NYSE:BLK) reported fourth-quarter and full-year earnings on Wednesday, Jan. 15, that topped analysts' consensus estimates on both top and bottom lines. BlackRock's adjusted earnings per share (EPS) for the quarter hit $11.93, rising 23.5% year over year. Total revenue for the quarter came in at $5.68 billion, surpassing the expected $5.57 billion.

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Reown Raises $13M in Series B Funding

FinSMEs

Reown, a NYC-based provider of an onchain UX platform, raised $13M in Series B funding. The round was led by USV and 1kx and also included Global Digital Asset Holdings, Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures, and Fenbushi. The company intends to use the funds to further develop its onchain […] The post Reown Raises $13M in Series B Funding appeared first on FinSMEs.

Funds 103
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Down 42%, Is Ultra-High-Yield W.P. Carey Stock a Buy on the Dip?

The Motley Fool

If you're looking for a way to quickly boost the amount of passive income flowing into your accounts, I have great news. there's a highly reliable dividend payer that's being treated as if it's having trouble making ends meet. Shares of W.P. Carey (NYSE: WPC) have fallen about 40% from the peak it reached in 2019. At its beaten-down price, the real estate investment trust offers investors a 6.6% yield.

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Sullivan Street Partners promotes Oliver Marshall to Partner

Private Equity Wire

London-based buyout firm Sullivan Street Partners has promoted Oliver Marshall to Partner. According to a recent release, Marshall began his private equity career a decade ago at Sullivan Street and has reportedly been involved in the execution of all key transactions, creating significant value within multiple portfolio companies. He currently sits on the boards of Tracerco and UK Addiction Treatment (UKAT).

Buyout 93
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Is Moderna Stock a No-Brainer Buy on the Sell-Off?

The Motley Fool

A bad seven-month stretch just got worse for Moderna (NASDAQ: MRNA). The messenger RNA (mRNA) pioneer provided a business and pipeline update at the J.P. Morgan Healthcare Conference on Monday. This update wasn't well-received by investors, and Moderna's share price sank nearly 17%. The conventional investing wisdom is that you shouldn't "try to catch a falling knife.

Prospects 130
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Gucci owner to sell stakes in glitzy Paris properties to PE firm Ardian

Financial Times M&A

Luxury brand Kering seeking to unlock cash for its drive to woo more affluent customers

Stakes 93
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3 High-Yielding Dividend Stocks That Are Trading at Dirt Cheap Prices

The Motley Fool

Dividend stocks trading at discounted prices can make for great investments if you're willing to be patient. That's because, assuming their payouts are sustainable, you can lock in a higher yield than normal. You may also benefit from a rising share price in the future should their valuations recover. Three dividend stocks that are cheap buys today, offer high yields, and could be good long-term plays include AstraZeneca (NASDAQ: AZN) , ExxonMobil (NYSE: XOM) , and Toronto-Dominion Bank (NYSE: T

Banks 130