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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. The investment in True Religion is part of a broader trend of decades-old independent brands finding new owners. The US-based clothing company will maintain its independence following the acquisition.

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Billionaire Steven Cohen Sold Point72's Entire Stake in Supermicro and Is Piling Into This Game-Changing Artificial Intelligence (AI) Stock Instead

The Motley Fool

But there were also a couple of clear-cut reasons for Point72's brightest investment minds, including Cohen, to ring the register and head for the exit. Cohen's fund purchased 1,574,796 shares during the third quarter, which increased its stake by a cool 75% in three months. Should you invest $1,000 in Nvidia right now?

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35% of Warren Buffett's $296 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks

The Motley Fool

That would have been enough to turn a $1,000 investment into $42.5 million, whereas the same investment in the S&P 500 would have grown to just $325,053 over the same period. Buffett's long-term investing strategy is simple. Where to invest $1,000 right now? However, Berkshire's stake is worth $2.2

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Billionaire Stanley Druckenmiller Sold 95% of Duquesne's Stake in Palantir and Is Piling Into This Trillion-Dollar Artificial Intelligence (AI) Stock Instead

The Motley Fool

Although no asset manager is more closely followed than Berkshire Hathaway CEO Warren Buffett, he's far from the only billionaire known for their investing prowess. 17), and Druckenmiller's fund opened its nearly 770,000-share stake in Palantir at some point during the fourth quarter of 2023.

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28.4% of Warren Buffett's $303 Billion Portfolio Is Invested in 3 Stocks He Plans to Hold Forever

The Motley Fool

Just this past year, Buffett sold over $134 billion worth of stocks from Berkshire's portfolio as he saw valuations of some holdings climb to a point where it no longer made sense to remain so heavily invested. Where to invest $1,000 right now? That stake is now 21.5% Amex is a much different credit card issuer than other banks.

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Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

His hedge fund, Pershing Square Capital, invests in high-quality businesses with stocks that Ackman feels have become mispriced relative to their intrinsic value. billion portfolio is invested in just three companies. Where to invest $1,000 right now? Bill Ackman likes to focus on just a few companies at a time. stock indexes.

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Grant Thornton explores potential private equity investment

Private Equity Insights

The potential investment discussions follow a similar move in May when private equity firm New Mountain Capital acquired a stake in Grant Thorntons US operations to support its expansion plans. Source: Insider Media If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.