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Billionaire Israel Englander Dumped 90% of Millennium's Stake in Palantir in Favor of This Hypergrowth Electric-Vehicle (EV) Stock

The Motley Fool

Englander's Millennium slashes its stake in one of Wall Street's most-prominent AI stocks With the exception of Nvidia , there's probably not a hotter AI stock on the planet right now than Palantir. Millennium Management's 13F shows that 9,309,333 shares of Nio were purchased, which increased the fund's stake by 196.3%

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Canadian Business Growth Fund takes minority stake in FundThrough

PE Hub

Based in Toronto, FundThrough is a technology-enabled invoice funding platform. The post Canadian Business Growth Fund takes minority stake in FundThrough appeared first on PE Hub.

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Goldman Sachs Raises $15bn to Buy Stakes in Private Equity Funds

Private Equity Insights

Goldman Sachs’ asset management arm said two funds have closed, raising more than $15bn for funds that enable investors to make secondary investments in existing private equity deals. Such deals allow PE firms to roll older investments into new funds. “And they’re really not investing a lot of capital.

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Billionaire Stanley Druckenmiller Sold 88% of Duquesne's Stake in Nvidia and Is Piling Into 2 Unstoppable Stocks

The Motley Fool

A 13F provides a clear snapshot of which stocks and exchange-traded funds (ETFs) the top money managers purchased and sold in the latest quarter. Stanley Druckenmiller slashed his fund's stake in Nvidia Druckenmiller tends to minimize risks when investing and attempts to align his portfolio with the health of the U.S.

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Blackstone Sells $1.1bn of Private Equity Fund Stakes to Ares

Private Equity Insights

billion portfolio of private equity fund interests to Ares Management Corp. The portfolio consists of older fund stakes that Strategic Partners had acquired from institutional sellers, according to people with knowledge of the matter, asking not to be identified discussing confidential information. Blackstone Inc.’s

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Billionaire Philippe Laffont Sold Coatue's Entire Stake in Palantir and Is Piling Into an Electrifying Growth Stock Instead

The Motley Fool

Laffont's hedge fund, which is primarily focused on game-changing tech stocks, closed out June with approximately $25.7 Laffont completely exited Coatue's stake in Palantir Let me preface the following discussion by pointing out that Coatue Management is an actively managed fund. billion in AUM spread across 74 holdings.

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Carlyle Acquires Majority Stake in GBTEC with Funding from €3bn CETP Fund

Private Equity Insights

As part of the transaction, co-founder Marc-Oliver Stromberg and the extended GBTEC management team are reinvesting and investing respectively for significant stakes in the company. Main Capital Partners, which has supported GBTEC as a specialised software investor since 2019, has sold its stake in GBTEC as part of the transaction.

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