Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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2 Growth Stocks to Buy and Hold Forever

The Motley Fool

The S&P 500 started this year off on the right foot -- confirming the presence of a bull market -- and the good times have continued to roll from there for all three major benchmarks. The S&P 500, the Nasdaq, and the Dow Jones Industrial Average each have climbed 24%, 26%, and 14%, respectively, since the start of the year. And the companies leading the gains have been growth stocks, players that traditionally excel in bull environments.

Prospects 246
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AEA and Battery Ventures Sell Sensor Maker to Arcline’s DwyerOmega

Private Equity Professional

AEA Investors and Battery Ventures have finalized the sale of Process Sensing Technologies (PST) to DwyerOmega , a portfolio company of Arcline Investment Management. PST is a manufacturer of instruments, analyzers, and sensors for measurement and monitoring applications. Its product portfolio includes hygrometers, dew-point transmitters for trace moisture measurements in gases and liquids, and oxygen and binary gas analyzers using zirconia, paramagnetic, and electrochemical technologies.

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Silver Point raises $8.5bn for private credit fund

Private Equity Wire

Global credit investing firm Silver Point Capital has held the final close of its Silver Point Specialty Credit Fund III, which is aimed at providing loans to mid-sized companies, with $8.5bn in total capital commitments. This fundraising follows the closure of a $4.6bn credit fund just two months earlier, bringing the firm’s total direct lending capital to over $15bn, according to a press statement released on Monday.

Funds 95
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Swisscanto PE fund concludes final closing at CHF 130 million

AltAssets

Zürcher Kantonalbank Asset Management has successfully completed the final closing of the Swisscanto Fund Fund Private Equity World Carbon Solutions at around CHF 130 million (USD 150 million). With three direct and four fund investments, the named fund has already built up a broadly diversified portfolio of tech firms in the decarbonisation field. The firm […] The post Swisscanto PE fund concludes final closing at CHF 130 million appeared first on AltAssets Private Equity News.

Funds 97
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Warren Buffett's Flashing Warning Sign for Wall Street: He's Being Fearful While Other Investors Are Greedy

The Motley Fool

Warren Buffett has made it abundantly clear throughout his career that he doesn't care what Wall Street thinks. One great example: Unlike most huge companies, Berkshire Hathaway doesn't hold quarterly conference calls with analysts. However, Wall Street might want to pay attention to what Buffett thinks. And what is the legendary investor thinking these days?

Investors 246
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The Evolving Playbook: Expert-Led Operational Enhancements in Private Equity

Private Equity Professional

Over the years, private equity has shifted from a focus on leverage and financial engineering to an ever-increasing emphasis on creating value through operational improvements within their portfolio companies. This shift includes enhancing management practices, investing in technology upgrades, and creating new sources of revenue. As market conditions grow more competitive and complex, the ability to drive value through operational improvements has become a key differentiator in achieving superi

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KKR and Bain’s $4bn Fuji Soft takeover battle signals new era for Japan M&A

Private Equity Wire

A high-stakes clash between private equity titans KKR and Bain Capital over a $4bn buyout of Fuji Soft is reshaping the landscape of mergers and acquisitions (M&A) in Japan, and could become a blueprint for more aggressive dealmaking in the country, according to a report by the Financial Times. On Friday, KKR announced a tender offer of JPY9,451 per share for Fuji Soft, narrowly surpassing Bain’s competing bid by JPY1.

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Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

Uber (NYSE: UBER) has taken investors on a wild ride since its IPO on May 9, 2019. The mobility and delivery services company went public at $45, but its stock sank below that price on the first day and dropped to an all-time low of $14.82 on March 18, 2020. At the time, Uber's ridesharing business slowed to a crawl as more people stayed at home during the pandemic lockdowns.

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Wynnchurch Sees the Light with Buy of Principal Industries

Private Equity Professional

Wynnchurch Capital has acquired Principal Industries , a provider of LED components and engineered assemblies. Principal Industries designs and manufactures LED products for signage and architectural branding illumination. The company’s product lineup includes LED modules, linear and edge lighting, power modules, drivers and controls, and custom-engineered assemblies for complex branding and lighting applications.

Buyout 130
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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund. At its meeting on 14 November, the MainePERS board greenlit two commitments, pending final due diligence, legal review, and negotiations: an allocation of up to $100m to the Garda Fixed Income Relative Value Op

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Foresight seals £50m first close for evergreen investment fund targeting SE England

AltAssets

Listed UK investment manager Foresight Group has launch an evergreen fund dedicated to investing into growing companies throughout South West England with a £50m first close. The post Foresight seals £50m first close for evergreen investment fund targeting SE England appeared first on AltAssets Private Equity News.

Funds 97
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Intuit (INTU) Q1 2025 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Intuit (NASDAQ: INTU) Q1 2025 Earnings Call Nov 21, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon. My name is David, and I will be your conference operator. At this time, I'd like to welcome everyone to Intuit's first quarter fiscal year 2025 conference call.

Taxes 130
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New Heritage Exits Midwest Corporate Foodservice Giant

Private Equity Professional

New Heritage Capital has finalized the sale of Continental Services , a Detroit-based corporate foodservice provider, to Morgan Street Holdings. New Heritage Capital acquired Continental Services in February 2017. Continental Services is one of the largest corporate foodservice providers in the Midwest and one of the largest Compass Group franchisees.

Capital 130
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Unilever freezes plans for PE sale of ice cream business

Private Equity Wire

Unilever has scrapped plans to sell its €15bn ice cream division, which includes the Ben & Jerry’s, Magnum, and Wall’s brand, to private equity firms, opting instead to spin off the business into a separate publicly listed company, according to a report by the Financial Times. The decision marks a shift in strategy under CEO Hein Schumacher, who has made restructuring the company a key focus of his turnaround efforts.

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Accel-KKR raises debut institutional fund targeting continuation vehicle investments

AltAssets

Tech-focused private equity investor Accel-KKR has raised more than $2.2bn for the final close of its first institutional fund targeting the secondary market. The post Accel-KKR raises debut institutional fund targeting continuation vehicle investments appeared first on AltAssets Private Equity News.

Funds 98
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Gap (GAP) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Gap (NYSE: GAP) Q3 2024 Earnings Call Nov 21, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, ladies and gentlemen. I would like to welcome everyone to the Gap Inc. third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode.

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Record-Breaking Fund Close Drives Expansion at Transom Capital

Private Equity Professional

Transom Capital Group has appointed Dana Goldstein to the newly created role of Head of Investor Relations and Marketing. In her new position, Ms. Goldstein will focus on expanding the firm’s limited partner relationships while managing marketing efforts for the firm and its portfolio companies. “Dana is a leader, business builder, and an excellent fit for Transom,” said Russ Roenick , a co-founder and managing partner at Transom.

Capital 100
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Jadwa Investment raises SAR1bn for new dealmaking fund

Private Equity Wire

Saudi Arabia’s Jadwa Investment has raised SAR1bn ($266m), from entities linked to regional sovereign wealth funds and family offices, for a new fund to boost dealmaking, Bloomberg reports. In a statement cited by Bloomberg, the Riyadh-based firm says it aims to grow its first blind pool fund up to SAR2bn by the first half of 2025, with investments for the vehicle already having been made and four more deals underway.

Funds 98
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Hamilton Lane leads $575m continuation fund for trio of Levine Leichtman portfolio companies

AltAssets

Levine Leichtman Capital Partners has raised a $575m continuation fund to pick up interests in three of its existing portfolio companies. The post Hamilton Lane leads $575m continuation fund for trio of Levine Leichtman portfolio companies appeared first on AltAssets Private Equity News.

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Deere (DE) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Deere (NYSE: DE) Q4 2024 Earnings Call Nov 21, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and welcome to the Deere & Company fourth quarter earnings conference call. Your lines have been placed on listen-only until the question-and-answer session of today's conference.

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PSP and OTPP Selling $1 Billion-Plus PE Stakes

Pension Pulse

Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fund stakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts. PSP is among several Canadian pensions in the market with a large LP secondaries.

Stakes 59
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Blackstone closing in on $8bn deal for Jersey Mike’s Subs

Private Equity Wire

Private equity giant Blackstone (NYSE: BX) is close to agreeing to the acquisition of Jersey Mike’s Subs in a deal that values the popular US sandwich chain at approximately $8bn, including debt, according to a report by the Wall Street Journal. The report cites an unnamed source familiar with the matter as revealing that an announcement could come as soon as this week.

Debt 91
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Fraizer closes $2.3bn buyout fund after hitting target in just half a year

AltAssets

Frazier Healthcare Partners closed its $2.3bn Frazier Healthcare Growth Buyout Fund XI, exceeding its target in just six months The fund, known as FHGB XI, is focused on controlling interests in middle-market healthcare companies and secured strong backing from global limited partners, including public pension funds, financial institutions, sovereign wealth funds, corporate pensions, family offices, foundations, […] The post Fraizer closes $2.3bn buyout fund after hitting target in just ha

Buyout 98
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I Used to Think a Will Was the Best Way to Pass Down an Inheritance. Here's Why I Now Think a Living Trust Is Better.

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn't exactly a fun thing to think about. So when my husband and I put our wills together years ago, we thought we'd done our part to arrange for an inheritance and could therefore call it day.

Education 246
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TailorMed Raises $40M in Funding

FinSMEs

TailorMed, a NYC-based healthcare technology company, raised $40M in funding combining equity and debt. The round was led by Windham Capital Partners alongside Citi Impact Fund, Samsung Next, and BrightEdge, and the investment arms of some of the nation’s top health systems: Providence Ventures, OSF Healthcare, Inception Health, Ballad Ventures, UH Ventures, and UnityPoint Health […] The post TailorMed Raises $40M in Funding appeared first on FinSMEs.

Funds 58
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Blackstone, Carlyle, and Hellman & Friedman eye $5bn Medline IPO

Private Equity Wire

Medline Industries, a leading medical supplies provider owned by private equity firms Blackstone, Carlyle, and Hellman & Friedman, is preparing for a US initial public offering (IPO) in 2025, with the aim of raising more than $5bn, according to a report by Reuters. The report cites unnamed sources familiar with the matter as revealing that the IPO, anticipated as early as the second quarter of 2025, could value the Northfield, Illinois-based company at approximately $50bn.

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Texas County & District picks OrbiMed, Linden Capital for latest alts commitments

AltAssets

The $49.7bn-managing Texas County & District Retirement System has picked a pair of private equity and credit funds for its latest alternatives investments. The post Texas County & District picks OrbiMed, Linden Capital for latest alts commitments appeared first on AltAssets Private Equity News.

Capital 98
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Why Unity Software Stock Was Soaring This Week

The Motley Fool

The up-and-down saga that is Unity Software 's (NYSE: U) trajectory over the past few years was far more up than down this week. Although the influential video game engine developer had little news of its own to report, an analyst's new take helped bolster investor sentiment on its business. According to data compiled by S&P Global Market Intelligence , as of early morning Friday Unity stock was up nearly 30% in price week to date.

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Add-ons continue to outpace platform acquisitions after COVID

Private Equity Info

From steady growth to pandemic-driven surges, private equity acquisitions have shifted from a platform-dominated market to a post-COVID era where add-ons now lead the charge.

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Baird hires new Director on global private equity team

Private Equity Wire

Baird Capital, the global private equity and venture capital arm of Baird, has appointed Daina Spedding as a Director with the firm’s Global Private Equity team based in London to focus on sourcing and driving PE investments globally. Spedding joins Baird Capital from BGF, where she was an investor and has been leading deal teams since 2019. In this role, she was responsible for deal sourcing and execution, coaching and mentoring more junior investors, alongside board roles in the investee

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Quadrivio unveils new AI private equity fund

AltAssets

Quadrivo Group, a group that has operated in the private equity for over 25 years, has launched a new artificial intelligence fund. The vehicle, Quadrivio claims, will invest in SMEs active in the B2B segment and will pinpoint the sectors that offer the greatest transformation impact and potential for speeding up their growth process. According […] The post Quadrivio unveils new AI private equity fund appeared first on AltAssets Private Equity News.

Funds 98
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Why Is Everyone Talking About Wolfspeed Stock?

The Motley Fool

In today's video, I will be talking about recent updates regarding Wolfspeed (NYSE: WOLF). Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Nov. 21, 2024. The video was published on Nov. 22, 2024. Should you invest $1,000 in Wolfspeed right now? Before you buy stock in Wolfspeed, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for in

Returns 246
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Vista sells stake in LogicMonitor at $2.4bn valuation

Private Equity Wire

Vista Equity Partners has sold an $800m minority stake in LogicMonitor, a SaaS-based hybrid observability platform powered by artificial intelligence (AI), to a consortium of investors including PSG, Golub Capital, and others. Following closing of the investment, which values LogicMonitor at $2.4bn, including debt, Vista will remain the controlling shareholder in the business.

Stakes 97
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Prediction: Nvidia Stock Is Going to Soar Over the Next 12 Months

The Motley Fool

Nvidia (NASDAQ: NVDA) is the world's leading supplier of graphics processing units (GPUs) for data centers, which are used in the development of artificial intelligence (AI). Over the last two years alone, GPU sales have helped Nvidia add $3.2 trillion to its valuation. The company just reported results for the fiscal 2025 third quarter (ended Oct. 27) after the market closed on Nov. 20, and they obliterated Wall Street's expectations.

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Is a Costco Membership Worth It for a Household of One?

The Motley Fool

Image source: The Motley Fool/Unsplash If you have multiple people living under your roof, then joining Costco could be a smart financial decision. That's because Costco's bulk pricing makes it easy to save money on groceries and household essentials like paper towels and cleaning supplies. When you live solo, it's a bit harder to make the case to join Costco.

Finance 246
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4 Monster Stocks to Hold for the Next 10 Years -- Including Nvidia

The Motley Fool

Most investors are in the market for monster stocks -- ones that will grow at brisk rates, making shareholders richer more quickly than sleepier stocks will. It can be hard to identify those stocks early, but you don't really have to do so. You can often do quite well by buying into terrific stocks after they've already posted lots of great gains. Here are five stocks to consider holding for the next decade, as they stand a good chance of posting impressive gains.

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This ETF Has Nearly Doubled the S&P 500 Since 2009. Here's How It Could Turn $200 per Month Into $1.3 Million.

The Motley Fool

Investing in exchange-traded funds (ETFs) is one of the simplest and most straightforward ways to buy into the stock market. By owning just one share of an ETF, you can gain exposure to dozens or hundreds of stocks at once. While some ETFs aim to track major indexes, like the S&P 500 (SNPINDEX: ^GSPC) , others are more niche. Growth ETFs, for example, are designed to beat the market and earn above-average returns over time.