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.

Companies 246

Companies Finance Financing 246

A Wealth of Common Sense

OCTOBER 8, 2024

Each year the Bureau of Labor Statistics (BLS) updates consumer expenditure data on how Americans collectively spend and earn their money. These numbers are averages so your personal household budget probably looks different in some ways. Your circumstances — where you live, your standard of living, how much you make, family situation, etc. — often dictate how you spend.

Finance 137

Finance Financing 137

The Big Picture

OCTOBER 7, 2024

@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here. In a nutshell, the usual suspects’ heads exploded well before the legislation even took effect, claiming it would lead to widespread devastation in the fast food space: job losses

113

113

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

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

A Wealth of Common Sense

OCTOBER 10, 2024

Nick Maggiulli joined me on the show this week to tackle questions about investing in total stock market index funds, how to value your pension, factors that allow you to take more risk in your portfolio and when to sell your big winners. Further Reading: An Epic Bull Market 1It’s worth noting these are price returns only, no dividends included.

Stock Market 120

Stock Market Stock Market Funds Portfolios 120

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.

Capital 94

Capital Financing Finance Assets 94

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

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

Axial

OCTOBER 8, 2024

Welcome to the latest issue of The Winning LOI, the Axial newsletter that anonymously reveals small business M&A valuation data and certain key deal terms associated with winning LOIs. To subscribe to The Winning LOI, please enter your email below. In this issue, we feature a manufacturing deal within the Consumer Goods sector. The company reported a revenue range of $3M – $4M and an EBITDA range of $1M – $2M when the deal confidentially went to market in Q2 2023.

Investors 102

Investors Companies Investing 102

Private Equity Wire

OCTOBER 9, 2024

Blue Owl Capital is set to acquire IPI Partners, a digital infrastructure investment firm, for approximately $1bn as the firm looks to benefit from the growing demand for data centres driven by the rapid adoption of generative AI, according to a report by Reuters. The acquisition of the Chicago-based business, which is a joint-venture between investment manager ICONIQ Capital and private equity firm Iron Point Partners, will be financed through a combination of 80% equity and 20% cash, and will

Private Equity Firms 97

Private Equity Firms Private Equity Firms Asset Management Financing 97

The Motley Fool

OCTOBER 11, 2024

Stocks have been on a winning streak this year with the S&P 500 and Dow Jones Industrial Average hitting new all-time highs. Investors are naturally feeling more cautious as they navigate the market as many growth stocks are trading at lofty valuations. What you need to do is screen through the universe of stocks to identify those with the right attributes that you can buy and own over the long term.

Leveraging 246

Leveraging Banks Companies 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.

Funds 94

Funds Capital Buyout Investing 94

A Wealth of Common Sense

OCTOBER 6, 2024

The world has never been better but it feels like things are getting worse. We see so much more bad stuff than previous generations because of our access to a limitless amount of information. Don’t get me wrong — we have a lot of problems and always will. But things are much better than the headlines would have you believe.

105

105

Private Equity Wire

OCTOBER 8, 2024

International PE firm Cinven has appointed Dr Michael Weber as Partner with effect from 1 October 2024 to focus on mid-market investments in the DACH region in sectors including technology, tech-enabled services and financial services. Weber joined Cinven from European mid-market firm, Riverside, where he was a Senior Partner and member of the Investment Committee for the Riverside Europe Fund.

Consultants 97

Consultants Consulting Investing Financial Services 97

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.

Capital 246

Capital Banks Funds Returns 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.

Debt 93

Debt Investors Buyout Funds 93

XY Planning Network

OCTOBER 7, 2024

Identifying and prioritizing client goals is essential to creating effective holistic financial plans. However, many advisors face the challenge of helping clients articulate their true objectives. Clients often come to their advisors with surface-level goals, but research suggests these initial goals may not reflect what truly matters to them. XYPN's partnership with fpPathfinder offers a practical way to achieve this through their Master List of Goals Checklist.

Leveraging 98

Leveraging 98

Private Equity Wire

OCTOBER 10, 2024

Global private investment firm TA Associates (TA) has acquired a majority stake in Solifi, a global fintech software partner for secured finance, with existing investor Thoma Bravo retaining a meaningful investment in the business. According to a press statement, the transaction will “accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers” Solifi provides scalab

Legal 90

Legal Investing Financing Finance 90

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 9, 2024

Benelux-focused private equity firm Mentha Capital has raised €153m for the region’s first buyout fund solely targeting companies contributing to achieving climate and environmental goals. The post Mentha beats target for region’s first dedicated climate, sustainability-focused buyout fund appeared first on AltAssets Private Equity News.

Buyout 96

Buyout Private Equity Firms Private Equity Firms Funds 96

Financial Times M&A

OCTOBER 8, 2024

A deal would bolster Japanese group’s drive to secure supplies for its home country, which relies on fossil fuel imports for energy

Assets 109

Assets 109

Private Equity Wire

OCTOBER 8, 2024

Butterfly Equity (Butterfly), a Los Angeles-based private equity firm specialiSing in the food and beverage sector, is to acquire The Duckhorn Portfolio, a North American high-end wine company in an all-cash transaction that values the business at approximately $1.95bn. Under the terms of the Agreement, Duckhorn stockholders will receive $11.10 per share in cash, representing a premium of approximately 65.3% to the volume weighted average share price of Duckhorn’s common stock over the 90-day tr

New York Stock Exchange 91

New York Stock Exchange Portfolios Private Equity Firms Private Equity Firms 91

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 Consultants Consulting Returns 246

AltAssets

OCTOBER 10, 2024

Veteran US private equity house GTCR has named three new managing directors as part of a wider set of promotions and hires. The post GTCR names two new managing directors amid string of new promotions, hires appeared first on AltAssets Private Equity News.

Buyout 92

Buyout Funds Investing 92

Financial Times M&A

OCTOBER 10, 2024

Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says

Debt 106

Debt Assets Capital 106

Private Equity Wire

OCTOBER 8, 2024

Nuveen Private Capital, the $74bn private credit platform and one of the world’s largest private credit managers, has continued the expansion of its pan-European coverage team with the appointment of Ralph Hora as Partner and Head of DACH, Business Development. According to a press statement, Hora will focus on building and strengthening Nuveen Private Capital’s coverage and private credit solutions across Germany, Austria and Switzerland, and will be based Frankfurt.

Capital 91

Capital Financial Institutions Asset Management Banks 91

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 8, 2024

The $57.8bn-managing New Mexico State Investment Council has reportedly pickout of American Securities for the majority of its latest tranche of alternatives commitments. The post American Securities picks up lion’s share of latest New Mexico SIC alternatives commitments appeared first on AltAssets Private Equity News.

Pension Funds 95

Pension Funds Investing Buyout Funds 95

Financial Times M&A

OCTOBER 9, 2024

Alliance with soft-drink maker comes a week after LVMH clinched a 10-year deal with Formula One

108

108

Private Equity Wire

OCTOBER 10, 2024

Private equity firm Renovus Capital Partners (Renovus) has held the final close of its fourth private equity fund Renovus Capital Partners IV Core Buyout, which was significantly oversubscribed with total capital commitments of $875m. Founded in 2010 by three long-term colleagues, Renovus specialises in investments within the Knowledge & Talent sectors, including Education, Technology Services, Healthcare Services, and Professional Services.

Private Equity Firms 85

Private Equity Firms Private Equity Firms Pension Funds Funds 85

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.

Consultants 246

Consultants Consulting 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

Financial Times M&A

OCTOBER 9, 2024

Firm is also weighing IPO while world’s largest money manager seeks to boost its presence in alternative investments

Investing 99

Investing 99