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Nomura's Charlie McElligott says investors are finally waking up to the problems with a market that is too concentrated on AI leadership.
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SpaceX IPO Draws More Than $70 Billion in Retail Orders Bloomberg.comThe Joy of Missing Out on SpaceX's I.P.O. The New York TimesSpaceX Treated as ‘Simply Too Risky' for Funds With Governance Mandates Bloomberg.comJim Cramer's top 10 things to watch in the stock market Thursday CNBCSpaceX's record IPO has Wall Street torn between a Musk ‘holy grail' and a $
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Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the sale of NSI Industries, a leading manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0 billion. Sentinel acquired NSI in November 2024. NSI is a category-leading provider of more than 15,000 branded replenishment electrical power components […]
The post Deal Roundup: Sentinel announces sale of NSI Industries, Platte River Equity teams with Tallman appeared first on AltAssets Private Equity News.
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Shares retreat as techs extend losses, US strikes on Iran lift oil ReutersAsian Stocks to Fall, Oil Rises as US Strikes Iran: Markets Wrap Bloomberg.comAsia chip-linked shares recover after U.S. peers bounce back CNBCStock markets fall as concerns persist over tech firms at heart of AI boom The Guardian
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RBC Capital Markets reduced its 12-month price target from $70 to $50.
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Aprio, the 20th largest business advisory and accounting firm in the U.S., announces its acquisition of Waldron H. Rand & Company, a Dedham, Massachusetts firm with more than 110 years of history serving New England's businesses and families. Together, the two firms bring expanded accounting, advisory, tax, wealth, and legal capabilities to Greater Boston. "Waldron […]
The post Deal Roundup: Aprio announces acquisition of Waldron, Foresight Group unveils investment in Vestd appeared first on AltAssets Private Equity News.
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3IF Ventures, an impact venture capital fund dedicated to Africa's insurance start-up market, has made its first close of its III Fund at $12m. According to AfricaGlobalFunds, the Inclusive Insurance Fund is co-anchored by FSD Africa Investments and ZEP-RE, and will provide equity financing from pre-seed to Series B stages for early-stage InsurTech businesses […]
The post 3IF Ventures concludes first tranche of African Inclusive Insurance Fund at $12m appeared first on AltAssets Private Equity News.
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Global private capital fundraising is on course for a third consecutive year of decline - but the market may be reaching an inflection point as capital concentration eases, fundraising timelines normalize and AI becomes a competitive differentiator, new research suggests.
The post Global private capital fundraising set for another record-low year as AI reshapes competition appeared first on AltAssets Private Equity News.
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Provider-led health plans are underrepresented in the commercial group insurance market, leaving more than $20 billion in potential revenue and $700 million in operating margin on the table.
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