Latest news with #private equity
New York Times
2 days ago
- Business
- New York Times
Wall Street Wants to Make Private Markets a Little More Public
There's a new darling on Wall Street: private markets. Because that's where the party is now. Companies are staying private for longer — the number of publicly traded companies has dropped by nearly half over the past three decades, with nearly 1,500 start-ups worldwide currently boasting a valuation of $1 billion or more — and, according to the global consultancy Bain & Company, private market assets have more than tripled since 2013. The firm expects them to grow twice as fast as public assets in the future, reaching $62 trillion globally by 2034. Historically, private equity investments were accessible only to wealthy and experienced investors. But in recent years, interest has soared among the retail class. Fund managers, brokerage houses and savvy start-ups are racing to build new products that expand access to all, and the newly appointed chairman of the Securities and Exchange Commission, Paul S. Atkins, has signaled he supports the goal. 'This is just the beginning,' said the senior vice president of Robinhood Crypto, Johann Kerbrat, who is leading Robinhood's efforts to make private equity tradable on its platform. Washington appears to be on board. Investments in private companies have typically been reserved for 'accredited investors' — people that earn more than $200,000 a year or have a net worth of at least $1 million. The requirement is meant to protect everyday investors from high-risk investments 'There's not a lot of clarity, you can't get your money out, and you might lose all your money,' said Jonathan Foster, the C.E.O. at Angeles Wealth Management. Want all of The Times? Subscribe.
Irish Times
4 days ago
- Business
- Irish Times
FD Technologies to stop trading on Friday as court sanctions €626m sale
The last day of share trading in FD Technologies, the Newry-based data and analytics company, will be Friday, after Northern Ireland's high court rubber-stamped its £541.6 million (€626 million) sale to US private equity firm TA Associates. The structure of the deal, by way of a so-called scheme of arrangement, required sanctioning from the court after it was approved by FD Technologies shareholders at the end of June. FD Technologies said in a statement that it expects dealing on the stock to end on Friday afternoon in Dublin and London. The company is on track to be officially delisted next Tuesday. The company's remaining business is KX, which analyses large data sets in real time to help companies predict and respond to market conditions across the various business areas. READ MORE FD Technologies' board urged that shareholders support the TA Associates deal, saying that the operation may be hampered by 'uncertain public markets' if it needs to accelerate investment to capture opportunities in artificial intelligence (AI). The deal with TA Associates, first announced in May, follows a big restructuring at the Dublin-listed company last year. This led to the group selling its former core First Derivatives division to US software group EPAM in a £236.1 million transaction and the spin-off of another business, called MRP , into a merger. It subsequently returned £120 million to shareholders in January through a stock buyback deal.
Yahoo
05-07-2025
- Business
- Yahoo
Dun & Bradstreet, Finquest Launch Cofinder to Revolutionize Private Equity Deal Sourcing
Dun & Bradstreet Holdings Inc. (NYSE:DNB) is one of the best up and coming stocks to invest in now. Towards the end of May, Dun & Bradstreet and Finquest jointly launched Cofinder. This new web-based platform is designed to revolutionize deal sourcing for private equity professionals by uncovering proprietary investment opportunities. Cofinder integrates Finquest's AI-enhanced deal sourcing technology with Dun & Bradstreet's private company data. The collaboration provides access to a dataset of over 150 million de-duplicated private businesses globally, which include 50 million US-based companies. Additionally, the platform features over 15 million verified executive-level contacts to facilitate deal conversations, along with AI-enhanced data and precision search capabilities to identify high-potential targets. A high powered financial executive in their sleek office, looking down from a skyscraper. The platform is tailored for deal professionals in private markets, like private equity, investment bankers, corporate development teams, and growth equity investors. Cofinder's functionalities enable users to map niche markets, access exclusive off-market targets, streamline deal origination by connecting directly with key decision-makers, and identify buyers in the middle market. The platform is currently available in the US and Canada. Dun & Bradstreet Holdings Inc. (NYSE:DNB) provides business-to-business data and analytics in North America and internationally. Finquest is a trusted partner to private equity firms and acquisitive corporates. It delivers proprietary deal sourcing solutions through a blend of data, AI, and people. While we acknowledge the potential of DNB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
03-07-2025
- Business
- Bloomberg
Elliott-Backed Cubic Revamps Debt in Deal That Adds Fresh Equity
Elliott Investment Management and Veritas Capital Fund Management -backed Cubic Corp. has reached an agreement with creditors to cut its debt load and extend maturities in a deal that will also see the private equity sponsors inject fresh equity into the struggling company. As part of the transaction, holders of Cubic's roughly $1.4 billion term loan B due 2028 will exchange their debt at par for a new first-lien loan that matures a year later, and will also provided new financing, according to people with knowledge of the terms. The deal reconfigures the loan's repayment order to include new second-out and third-out priorities.
