The Motley Fool

JULY 1, 2024

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. In the course of the next 20 years, Americans are expected to inherit an astounding $72 trillion in assets. And whether your estate is a larger one or a more modest one, you may be eager to pass wealth down to your loved ones in the most efficient way possible.

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FinSMEs

JULY 1, 2024

Pieces, a Cincinnati, OH-based developer productivity tech startup, raised $13.5m in Series A funding. The round was led by Drive Capital with participation from Cincinnati’s Cintrifuse Capital, Miami University’s RedHawk Ventures and local high-net-worth investors. The company intends to use the funds to roll out the next phases of its product. Co-founded by Tsavo Knott, […] The post Pieces Raises $13.5M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

JULY 1, 2024

Micron Technology 's (NASDAQ: MU) 2024 stock market rally came to a screeching halt last week after the company released fiscal 2024 third-quarter results (for the three months ended May 30). The memory specialist's outlook didn't exceed Wall Street's expectations by a big enough margin, and the stock fell almost 8% just after its release. Micron's share prices were up nearly 67% in 2024 before its results came out, and the company headed into this latest report with high expectations thanks to

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FinSMEs

JULY 1, 2024

American Discovery Capital, a Los Angeles, CA-based merchant bank focused on founder-led and family-owned companies operating in the lower middle market, closed its Fund II, at $190M. ADF I closed in 2019 and invested $60M across six portfolio companies and 17 add-on acquisitions. Consistent with its prior fund, ADF II will continue to target majority and significant […] The post American Discovery Capital Closes Fund II, at $190M appeared first on FinSMEs.

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The Motley Fool

JULY 1, 2024

If you've been keeping up with the tech industry, you've witnessed artificial intelligence (AI) go from a niche topic to the hottest theme in business. It's almost inescapable at this point. Many businesses have benefited from the AI boom, but maybe none more so than Nvidia (NASDAQ: NVDA). The chipmaker's stock is up by more than 160% this year alone, continuing a rally that has seen its stock price increase by more than 760% in the past year and a half.

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Top 1000 Funds

JULY 1, 2024

As AIMCo prepares to beef up its private credit team in New York, CIO Marlene Puffer explains how she plans to scale the allocation, as well as describing a new total portfolio approach to private markets, and the investor's new approach to risk management

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Financial Times - Banking

JULY 1, 2024

Wall Street and European groups scaled back investment banking workforces in 2023

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Investment Banking Investment Banks Banks Investing 104

The Motley Fool

JULY 1, 2024

Social Security is the cornerstone of many Americans' retirement finances. The income it provides can be the difference between being able to enjoy your golden years and not having enough money to make ends meet. For some, the program's spousal benefits option can significantly boost a household's Social Security income. Those benefits can be worth up to half of the higher-earning spouse's full retirement benefit.

Financing 246

Financing Finance 246

FinSMEs

JULY 1, 2024

Santa Clara, USA, 1st July 2024, Chainwire The post CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone appeared first on FinSMEs.

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The Motley Fool

JULY 1, 2024

Image source: The Motley Fool/Upsplash When I first joined Costco, I insisted on sticking to a basic membership for quite some time. The concept of having to pay money to get access to a store was foreign to me. And back then, my husband and I didn't have kids and didn't have the same need for bulk food purchases we do now. So the basic membership made sense.

Financing 246

Financing Finance 246

Financial Times M&A

JULY 1, 2024

Politicians and union leaders warn against dismantling the aircraft supplier in Northern Ireland as Airbus considers options

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The Motley Fool

JULY 1, 2024

The S&P 500 has set one new all-time high after another in 2024, but not every stock has participated in the current bull market. Some stocks remain beaten down, well below the highs reached in late 2021 and early 2022. Some of the companies behind those stocks benefited from the behavior changes ushered in by the COVID-19 pandemic. But as things start to resemble the way things were pre-pandemic, they don't look as attractive.

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Private Equity Wire

JULY 1, 2024

The HgCapital Trust has agreed the sale of European software-as-a-service provider F24 to Altor, a Stockholm-based private equity firm investing across Sweden, Denmark, Finland, Norway and the DACH region. The terms of the transaction, which is subject to closing conditions, have not been disclosed. This transaction values HgT’s investment in F24 at approximately £18.4m, which would represent an uplift of £0.8m (4% or 0.2 pence per share) over the carrying value of £17.6m in the net asset

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The Motley Fool

JULY 1, 2024

Hitting a home run in investing can be very satisfying as the returns can be incredible. But alongside home runs come strikeouts, and when you're an all-or-nothing style of investor, strikeouts happen a lot more than home runs. Still, if the overall returns make up for the massive losses, this can be a worthy investment strategy for those with the right stamina.

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Private Equity Wire

JULY 1, 2024

BlackRock has agreed to acquire Preqin, a UK-based independent provider of private markets data for £2.55bn ($3.2bn) in cash, combining Preqin’s data and research tools with Aladdin’s workflow functions into a single platform. The transaction is expected to close by the end of 2024. According to a press statement, “the acquisition adds a highly complementary data business to BlackRock’s investment technology, marking a strategic expansion into the fast-growing private markets data segment&

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The Motley Fool

JULY 1, 2024

Social Security adjusts the benefits it pays each year to help retirees keep up with rising costs of living. This can be especially helpful in inflationary environments. In fact, Social Security beneficiaries received an 8.7% raise for 2022 after inflation spiked higher. Last year, the cost-of-living adjustment, or COLA, was significantly lower, at just 3.2%.

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AltAssets

JULY 1, 2024

BlackRock has agreed to buy private markets data provider Preqin in a £2.55bn cash deal. The company said it would bring Preqin’s data and research tools together with its own Aladdin portfolio management software as complementary businesses. The firm said private markets are the fastest growing segment of asset management, with alternative assets expected to […] The post Deal Roundup: BlackRock buys Preqin in £2.55bn deal, EQT and Oakley seal strong Idealista sale to Cinven for €2.9

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The Motley Fool

JULY 1, 2024

There's something quite pleasant about having cash deposited into your investment account quarter after quarter and year after year. Here are two outstanding dividend stocks with long histories of rewarding their shareholders with steadily rising cash payments. Both stocks can help you build your own streams of passive income. Top dividend stock No. 1: Lockheed Martin Lockheed Martin (NYSE: LMT) helps the U.S. government and its allies protect their citizens from a growing number of threats.

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Private Equity Wire

JULY 1, 2024

French private equity firm PAI Partners and Spanish investment firm Inveready have collaborated on a bid for Avatel, Spain’s fifth-largest telecoms company, according to a report by Expansion, citing unidentified market sources. While other bidders are also vying for Avatel, which is valued at approximately €550m ($592.41m), the PAI Partners and Inveready alliance is reportedly closest to finalising a deal, which could be signed by the end of this month.

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The Motley Fool

JULY 1, 2024

Nvidia 's (NASDAQ: NVDA) stock popped up by a dramatic 500% in the past three years. Undoubtedly, much of this recent rally has been fueled by the company's position as a key beneficiary and enabler of the ongoing artificial intelligence (AI) wave. Nvidia offers a full-stack AI platform, comprising cutting-edge AI-optimized hardware chips, a complete software ecosystem, high-speed networking solutions, and servers to enable clients to build "AI factories," or the essential infrastructure for AI-

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Private Equity Wire

JULY 1, 2024

Alternative investment fund manager Cheyne Capital Management has appointed Dan Magee as Managing Director, Head of Origination and Trading for Cheyne Strategic Value Credit. Magee, who will be based in London, succeeds David Lofts, who will remain a partner in the business but will transition to the US, where he will engage with US-based counterparties in the origination of cross-border opportunities while partnering with Magee to enhance existing relationships with European corporate advisory

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The Motley Fool

JULY 1, 2024

Got some idle cash you're looking to put to work, but don't know where to put it? Consider stepping into a stake in retail giant Home Depot (NYSE: HD). Shares of the home improvement chain haven't been impressive of late, peeling back from March's peak before getting the chance to test 2021's all-time high. There's a reason the stock is staying within striking distance of either price point, though.

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Private Equity Wire

JULY 1, 2024

Private investment house Ardian has raised $3.2bn for the sixth generation of its global co-investment platform, Ardian Co-Investment Fund VI, including fund commitments and mandates from Ardian Customized Solutions. This represents a 23% increase on funds raised by Ardian’s fifth generation co-investment fund, Ardian Co-Investment Fund V, in 2019. The new fund attracted 188 investors globally, including from Europe, the Americas, the Middle East and Asia.

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Pension Funds Investing Funds Investors 97

The Motley Fool

JULY 1, 2024

Shares of Broadcom (NASDAQ: AVGO) were off to the races last month, soaring 21% in June, according to data from S&P Global Market Intelligence. The semiconductor specialist delivered robust financial results and made an announcement that boosted investor sentiment. A beat and raise courtesy of the AI revolution Early last month, Broadcom kicked off the festivities with the results of its fiscal second quarter, which ended May 5, and investors cheered.

Banks 246

Banks Shareholders Returns Investors 246

Private Equity Wire

JULY 1, 2024

Financial services group GSB has launched GSB Capital, a new division focussing on debt and equity capital markets for individual and corporate clients, which will be headed by Grant Bergman. As part of the growth plan, GSB Capital is aiming to launch a co-investment vehicle later this year, which, according to a press statement, will allow it to “further support disruptive, innovative and impactful businesses globally” Bergman previously launched and led private company advisory tea

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The Motley Fool

JULY 1, 2024

It's been a big year for most stocks, with the S&P 500 index up about 24% over the past 12 months. A rising market is wonderful for the stocks already in your portfolio, but finding new investment opportunities is a lot more challenging than it was a year ago. A buoyant stock market makes it harder to find compelling investment opportunities, but not if you know where to look.

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Stock Market Stock Market Portfolios Returns 246

AltAssets

JULY 1, 2024

UK-based private equity house Tenzing has soared past £900m for its third fund, making the new vehicle more than double the size of its sophomore effort. The post Tenzing continues rapid fund size growth with £900m Fund III, more than double size of predecessor first appeared on AltAssets Private Equity News.

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The Motley Fool

JULY 1, 2024

Broadcom 's (NASDAQ: AVGO) share price nearly doubled last year. The stock is up over 45% so far in 2024. That's great news for shareholders. However, for some investors, this tremendous success pushed Broadcom's share price so high (over $1,600) that they were reluctant to buy. That won't be a problem for too much longer. In its first-quarter update a few weeks ago, Broadcom announced plans for a 10-for-1 stock split after the market close on July 12, 2024.

Banks 246

Banks Shareholders Returns Investors 246

Financial Times M&A

JULY 1, 2024

Sale was part of group’s defence against BHP’s takeover bid, which collapsed in May

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Bidding 89

The Motley Fool

JULY 1, 2024

Artificial intelligence (AI) is undoubtedly one of the biggest trends in our generation, one that could rival (some argue even surpass) that of the internet. The rise of AI would lift many companies to new heights while sending some to the brink of extinction. For instance, Nvidia , a leading supplier of graphics processing units (GPUs) for AI computation, saw its market capitalization briefly surpass Microsoft to become the most-valuable company in the world before retreating slightly to occupy

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Leveraging Investors Returns Companies 245

Financial Times M&A

JULY 1, 2024

Team is expected to fetch a record price as valuations of professional basketball franchises soar

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The Motley Fool

JULY 1, 2024

If you've ever wondered why Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett draws in the neighborhood of 40,000 investors to his company's shareholder meeting each year, look no further than his track record. Since taking over the CEO role in the mid-1960s, the "Oracle of Omaha" has overseen a nearly 4,964,000% return in his company's Class A shares (BRK.A), which compares quite favorably to the roughly 36,000% total return, including dividends paid, for the broad-based S&P

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Private Equity Wire

JULY 1, 2024

New York-based credit-focused investment firm ACME Credit Partners has appointed Liz Veilleux as Head of Capital Formation and Investor Relations. Veilleux most recently served as Head of Business Development at Global Delta Capital and has previously held roles at Acadian Asset Management, Wellington Management and Summit Partners. ACME was founded last year by Peter Eschmann and Jay Rogers, both former Managing Directors at Cerberus Capital Management.

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The Motley Fool

JULY 1, 2024

Pipeline and midstream energy stocks have had a strong start to 2024. This can been seen in the performance of major sector exchange-traded funds (ETFs) such as the Alerian Energy Infrastructure ETF (NYSEMKT: ENFR) , up about 18% year to date, and the Alerian MLP ETF (NYSEMKT: AMLP) , up nearly 17%. The latter only includes the stocks of midstream companies structured as master limited partnerships (MLPs) , while the former includes midstream companies structured as both MLPs and corporations.

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