Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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1999 vs. 2024

A Wealth of Common Sense

It’s been a good year in the stock market. Through the close on Friday, the U.S. stock market is up 20% in 2024. The Russell 3000 Index is a good approximation of the total U.S. stock market. The index now has a little less than 2,700 stocks. Out of 2,670 stocks, 101 are up 100% or more this year (3.8% of the total). Thirteen stocks are up 300% or more, five are up 500% or greater and there is one stock in the one c.

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Zoetis (ZTS) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Zoetis (NYSE: ZTS) Q3 2024 Earnings Call Nov 04, 2024 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to the third quarter 2024 financial results conference call and webcast for Zoetis. Hosting the call today is Steve Frank, vice president of investor relations for Zoetis.

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Aterian Carves Label Maker from Heartwood’s M&Q

Private Equity Professional

Aterian Investment Partners has acquired Outlook Group , a provider of pressure-sensitive labels and packaging, from M&Q Holdings , a portfolio company of Heartwood Partners. Outlook Group offers design, printing, and converting services for pressure-sensitive labels, flexible packaging, and folding cartons. The company serves various sectors, including food and beverages, consumer goods, health and beauty, medical devices, coffee, and pet products.

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Ares management eyes record $80bn-plus annual fundraising total

Private Equity Wire

Private investment firm Ares Management Corp is eyeing a record annual fundraising total in the mid-$80bn range for 2024, surpassing last year’s total of $74bn, after gathering $64bn up to the end of September, according to a report by Bloomberg. The firm reported a 17% increase in assets under management (AUM) in its Friday earnings release, reaching $464bn in the third quarter, as strong demand for US direct lending and strategic private equity acquisitions fuelled growth.

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Private equity investments in the Beauty Care sector

Private Equity Info

Private equity investments in the beauty care industry surged during COVID's e-commerce boom but have more recently declined amid reduced stimulus and inflation.

Investing 223
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Is Nvidia a Buy?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been the quintessential artificial intelligence (AI) stock for the past two years. The company's dominance in the market for the chips that power the data centers used for AI has launched it to unprecedented growth. The stock has appreciated more than 850% since the beginning of last year and continues marching higher, with its third-quarter earnings report right around the corner.

Returns 244
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Oliver Packaging Switches Sponsors

Private Equity Professional

Monomoy Capital Partners has acquired Oliver Packaging and Equipment Company from Berwind Capital. Oliver Packaging manufactures heat-seal food packaging systems and bakery equipment, supplies fiber-based meal trays and recyclable CPET plastic meal trays and film and provides aftermarket parts and services for its installed equipment base. Source: Oliver Packaging and Equipment Company Oliver Packaging’s product portfolio includes meal packaging systems, such as the Oliver Speedseal Packaging Sy

Debt 130

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More than half of LPs now using AI in investment decision making

AltAssets

More than half of LPs committing to alternative assets are using AI technology to predict market trends and investment results, new data from alts-focused software provider Dynamo Software suggests. The post More than half of LPs now using AI in investment decision making appeared first on AltAssets Private Equity News.

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Karyopharm Therapeutics (KPTI) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Karyopharm Therapeutics (NASDAQ: KPTI) Q3 2024 Earnings Call Nov 05, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to Karyopharm Therapeutics third quarter 2024 financial results conference call.

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SK Forms Axillon Aerospace, Carves Unit from Parker Hannifan

Private Equity Professional

SK Capital has completed its carve-out acquisition of the North America composites and fuel containment division of Parker Hannifin (CFC Division) for $560 million. With this transaction finalized, the acquired business now operates as Axillon Aerospace. Axillon Aerospace is now an independent provider of carbon fiber composites and fuel solutions for the aerospace sector, manufacturing advanced materials such as fiber-reinforced polymer composites, specialty polymers, and ceramics.

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Carlyle shares surge as Q3 earnings exceed expectations

Private Equity Wire

Shares of private equity giant Carlyle Group surged by 9.7% on Thursday after the firm posted steady third-quarter profits that surpassed Wall Street expectations, with increased fee income balancing out higher compensation expenses, according to a report by Bloomberg. The company’s stock price hit $54.23, giving a valuation of around $19.3bn, after Carlyle reported distributable earnings, or the profit available for shareholders, of $367 million, or 95 cents per share – almost matching la

Assets 98
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EIF, Fondo Italiano d’Investimento backing helps Primo Capital healthcare fund to $64m first close

AltAssets

Primo Health, a newly-launched private equity fund focused on small and medium-sized healthcare companies in Italy, has hit a $64m first close. The post EIF, Fondo Italiano d’Investimento backing helps Primo Capital healthcare fund to $64m first close appeared first on AltAssets Private Equity News.

Capital 98
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EOG Resources (EOG) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. EOG Resources (NYSE: EOG) Q3 2024 Earnings Call Nov 08, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the EOG Resources' third quarter 2024 earnings results conference call. As a reminder, this call is being recorded.

Debt 130
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Blue Sage’s Baker Manufacturing Carves Pump Division from A.Y. McDonald

Private Equity Professional

Baker Manufacturing Company , a provider of water systems and industrial components, has acquired the pump division of A.Y. McDonald Manufacturing (McDonald Pump). Baker Manufacturing specializes in the manufacture of water well equipment, rotary gear pumps, and ductile and gray iron castings for residential, industrial, municipal, agricultural, and environmental applications.

Buyout 130
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KKR secures 35% Fuji Soft stake following initial tender offer stage

Private Equity Wire

Global private equity firm KKR has acquired a 35% stake in Japan-based software developer Fuji Soft after completing the first stage of its two-part buyout tender offer, Fuji Soft announced on Wednesday, according to a report by Reuters. The report cites an unnamed source familiar with the matter as revealing that KKR’s newly acquired stake now gives it enough voting power to potentially block a competing offer from rival private investment firm Bain Capital, which in October proposed a hi

Stakes 94
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NewVest picks up $180m for second private equity index fund

AltAssets

Private markets index fund manager NewVest has raised $180m for its sophomore PE fund - making it more than 30% larger than its debut vehicle in the strategy. The post NewVest picks up $180m for second private equity index fund appeared first on AltAssets Private Equity News.

Funds 96
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Medical Properties Trust (MPW) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Medical Properties Trust (NYSE: MPW) Q3 2024 Earnings Call Nov 07, 2024 , 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and welcome to the Q3 2024 Medical Properties Trust earnings conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions.

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Ursa Space Systems Receives $10M Venture Loan from Horizon Technology Finance Corporation

FinSMEs

Ursa Space Systems Inc., an Ithaca, NY-based company providing access to multi-modal satellite data and on-demand analytic solutions, received a $10M venture loan from Horizon Technology Corporation. The company will use the loan proceeds for general growth and working capital purposes. Led by CEO Adam Maher, Ursa Space Systems Ursa Space is a satellite intelligence […] The post Ursa Space Systems Receives $10M Venture Loan from Horizon Technology Finance Corporation appeared first on FinS

Finance 105
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Blackford Capital appoints CEO of outdoor living and recreation platform

Private Equity Wire

Middle market private equity firm Blackford Capital (Blackford) has appointed John Snowden as Chief Executive Officer of its rapidly growing outdoor living and recreation space platform Patio Consolidation Platform (Platform). According to a press statement, Snowden, who took up his new role on 4 November, will “spearhead Blackford’s vision to ‘Own the Backyard’ by building a comprehensive, omni-channel platform that capitalises on the booming outdoor living market” Black

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Ex-Coller, CVC, Tikeahau IR exec Ajjour to head up CC Capital fundraising efforts

AltAssets

New York private equity firm CC Capital has brought in former Coller Capital, CVC and Tikehau Capital investor relations specialist Rabeeh Ajjour as head of fundraising and IR. The post Ex-Coller, CVC, Tikeahau IR exec Ajjour to head up CC Capital fundraising efforts appeared first on AltAssets Private Equity News.

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Genworth Financial (GNW) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Genworth Financial (NYSE: GNW) Q3 2024 Earnings Call Nov 07, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, ladies and gentlemen, and welcome to the Genworth Financial's third quarter 2024 earnings conference call. My name is Lisa, and I'll be your coordinator today.

Legal 130
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BETA Technologies Raises More Than $300M in Equity Funding

FinSMEs

BETA Technologies, a South Burlington, VT-based electric aviation company, raised more than $300M in Equity funding. The round was led by QIA, with participation from Fidelity Management & Research Company, TPG Rise Climate, and United Therapeutics. The company intends to use the funds for the continued production, certification, and commercialization of its solutions, which include […] The post BETA Technologies Raises More Than $300M in Equity Funding appeared first on FinSMEs.

Funds 63
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Akin adds Partner to PE transactions practice

Private Equity Wire

Akin has expanded its PE capabilities with the appointment of Elina Alperovich as a private equity Transactions Partner based in the firm’s New York office. Alperovich joins from Apollo Global Management where she served as Transaction Counsel. Alperovich has extensive experience advising private equity sponsors and their portfolio companies on a broad range of transactions, including mergers and acquisitions, leveraged buyouts, minority and growth investments, joint ventures, carve-outs a

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Pelican Energy Partners picks up $450m for nuclear services fund, well above $300m target

AltAssets

Energy and manufacturing-focused Pelican Energy Partners has soared past its target for a new fund targeting nuclear services companies, reaching $450m at final close. The post Pelican Energy Partners picks up $450m for nuclear services fund, well above $300m target appeared first on AltAssets Private Equity News.

Funds 90
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Beyond Meat (BYND) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Beyond Meat (NASDAQ: BYND) Q3 2024 Earnings Call Nov 06, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, and welcome to the Beyond Meat third quarter 2024 conference call. Please note this event is being recorded. I would now like to turn the conference over to Paul Sheppard, vice president, FP&A and investor relations.

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BCI, CPPIB and PSP Exit Ziply Fiber on BCE Acquisition

Pension Pulse

Andrew Willis, Tim Kiladze and Irene Galea of the Globe and Mail report BCE shares drop 9% after paying $5-billion for U.S. internet provider Ziply and pausing dividend hikes: Bell Canada parent BCE Inc. is expanding into the United States by acquiring internet provider Ziply Fiber for $5-billion, while also putting dividend hikes on hold in order to help fix its balance sheet.

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Campbell Lutyens adds senior hire to secondary advisory practice

Private Equity Wire

Campbell Lutyens has added to its secondary advisory practice with the appointment of Chirag H Shah as a Managing Director, Chirag who has over two decades of global private equity experience, will be based in the firm’s New York office. In his new role, Chirag will focus on GP and LP relationships across North America. Prior to joining Campbell Lutyens, Chirag spent 13 years as an institutional investor leading fund investments and co-investments at top investments, including the Alaska P

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Northwestern Mutual PE arm beats target with $470m co-invest fundraise

AltAssets

The PE arm of life insurance and financial planning major Northwestern Mutual has raised more than $470m for its latest direct co-investment fund, above its $400m target. The post Northwestern Mutual PE arm beats target with $470m co-invest fundraise appeared first on AltAssets Private Equity News.

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Lightspeed Commerce (LSPD) Q2 2025 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Lightspeed Commerce (NYSE: LSPD) Q2 2025 Earnings Call Nov 07, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon. My name is John, and I will be your conference operator today. At this time, I would like to welcome everyone to the Lightspeed second-quarter 2025 earnings call.

Capital 130
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CPP Investments, EQT and Temasek Acquire Keywords Studios

Pension Pulse

CPP Investments issued a press release on Monday that alongside EQT and Temasek, it completed the acquisition of Keywords Studios: London, U.K. (November 4, 2024) – Canada Pension Plan Investment Board ( CPP Investments ), alongside EQT and Temasek, has completed the acquisition of Keywords Studios, the leading international video games service provider.

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Shore Capital and Silver Lake mull $8.6bn merger of veterinary groups

Private Equity Wire

Shore Capital Partners is in advanced discussions with Silver Lake Management over the proposed merger of two major veterinary groups, Southern Veterinary Partners and Mission Veterinary Partners, in an $8.6bn transaction, according to a report by Bloomberg. The report cites unnamed sources close to the negotiations as revealing that the proposed deal would see Shore Capital combine its two veterinary portfolio companies and recapitalise the resulting entity with significant backing from Califor

Capital 90
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Dutch VC 4impact eyes digital, sustainability dealmaking with €68m Fund II

AltAssets

Dutch venture capital investor 4impact Capital has closed its second fund on €68m to target digital and sustainability ventures in north-western Europe. The post Dutch VC 4impact eyes digital, sustainability dealmaking with €68m Fund II appeared first on AltAssets Private Equity News.

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Main Street Capital (MAIN) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Main Street Capital (NYSE: MAIN) Q3 2024 Earnings Call Nov 08, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Main Street Capital third-quarter earnings conference call. At this time, all participants are in a listen-only mode.

Capital 130
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Match Group (MTCH) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Match Group (NASDAQ: MTCH) Q3 2024 Earnings Call Nov 07, 2024 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Match Group third quarter 2024 earnings conference call. [Operator instructions] Please note, this event is being recorded.

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Is Rocket Lab Stock a Buy Before Nov. 12?

The Motley Fool

Building rockets is hard. Building rockets and launching them reliably into space is even harder. Only one private company has managed to do this at scale, SpaceX, with its huge reusable rockets and landing pads. That is until Rocket Lab (NASDAQ: RKLB) joined the party. Nipping at SpaceX's heels, Rocket Lab has built a successful niche in the space economy and is now the second private space flight company to consistently and reliably launch payloads into orbit.

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NXP Semiconductors (NXPI) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. NXP Semiconductors (NASDAQ: NXPI) Q3 2024 Earnings Call Nov 05, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Jeff Palmer -- Senior Vice President, Investor Relations Hello, everyone. This is Jeff Palmer from NXP. Thank you, and welcome to the NXP Semiconductors third quarter earnings call.

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Chemours (CC) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Chemours (NYSE: CC) Q3 2024 Earnings Call Nov 04, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Daniel, and I will be your conference operator today. I would like to welcome everyone to the Chemours Company third quarter 2024 results conference call.