-
Sportonomics: Why Investing in American Sports Franchises Has Doubled The Returns Of The Market
Friday, June 21, 2024 - 12:35pm | 439Investments in American professional sports franchises have more than doubled the equities market returns since 2000. The outperformance is attributed to lucrative media rights deals and the dawn of streaming. The Data: The first-of-its-kind Ross-Arctos Sports Franchise Index (RAFSI), released in...
-
The $2,000 Bike That Can't Move: Is The Peloton Fad Officially Over?
Thursday, May 16, 2024 - 5:38pm | 465Business Insider's Emily Stewart may not have just written the Peloton Interactive Inc (NASDAQ:PTON) obituary, but her assessment indicates that the exercise bike company is about to kick the bucket. What Happened: Stewart’s article, which came out on Wednesday, outlines why the workout...
-
NFL Rule Could Open Door For Big Money Investors: Will Your Team Go Up For Sale?
Wednesday, May 8, 2024 - 2:56pm | 849National Football League teams are fetching record-high sale prices, and their valuations continue to soar. However, investment opportunities in the growth of NFL teams and other professional sports teams remain scarce. A new rule could potentially broaden the scope for investors to acquire stakes...
-
Want To Invest In SpaceX? An IPO Looks Inevitable, But In The Meantime, Go Private Equity
Thursday, March 28, 2024 - 9:49am | 1104If SpaceX were to go public next week it would command a valuation of somewhere in the region of $175 billion and likely have institutional and private investors clamoring for a slice of the initial public offering. That heady valuation is based on sales of insider shares sold on the secondary...
-
Private Equity Writ Small: 1847 Holdings Provides Niche Fund To Focus On Small Business Growth
Tuesday, March 5, 2024 - 11:03am | 630The private equity industry has exploded in the last decade and, while the market for initial public offerings may have stalled, the appetite for investment in private markets has driven some niche developments. One such example is 1847 Holdings LLC (NYSE:EFSH), a New York-based, publicly listed PE...
-
How GenAI Can Help Find M&A Targets: Private Equity Meets Hi-Tech
Thursday, February 29, 2024 - 2:56pm | 684Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern...
-
EXCLUSIVE: In Private Equity Revival In 2024, Those Who Understand AI Will Win
Wednesday, February 28, 2024 - 5:23pm | 583The private equity environment has changed. Gone — at least for the medium term — is the era of low interest rates and the days of highly leveraged deals. Funds must now refocus on value creation in their portfolios. These were the findings at a conference for the private equity industry in June...
-
Why This Apollo Global Management Analyst Is Now Bullish
Wednesday, February 28, 2024 - 2:18pm | 341Apollo Global Management’s (NYSE: APO) chief economist recently expressed skepticism around AI (artificial intelligence) being a bubble. The company is a leader in the alternative asset management space and seems well-positioned for growth in private credit, according to JPMorgan. The Apollo...
-
Private Equity Bounces Back: EQT Raises $24B For Deals, Signals Listings Revival
Tuesday, February 27, 2024 - 1:58pm | 578Sweden-based private equity group EQT announced on Tuesday its largest-ever fundraising with 22 billion euros ($24 billion) in total commitments for its flagship EQT X fund. This exceeded the company’s target size of $21.6 billion and represented one of the largest private equity funds ever...
-
New York Community Bancorp Shares Rally, But Stark Warnings Over Commercial Real Estate Persist
Monday, February 12, 2024 - 2:37pm | 742New York Community Bancorp (NYSE:NYCB) shares climbed on Monday after executives said they were buying stock. What Happened: NYCB is enjoying some respite as shares rallied 7% Monday, adding to gains notched up on Friday when company executives disclosed they had bought stock in the bank....
-
KKR Looks To Sell Music Catalog As Royalty Valuations Drop But Spotify Soars On Streaming Success
Tuesday, December 12, 2023 - 1:55pm | 553The global music industry has grown rapidly in the past five years as increasing numbers of listeners head for streaming services, but traditional areas of investment such as revenues from royalties have suffered in the face of high interest rates. On Tuesday, the Financial Times reported — citing...
-
Hidden Chinese Property Debt Is Spooking Bond Holders And Sparked A Bank Run
Monday, October 16, 2023 - 1:00pm | 1047A tear-down of an insurance giant’s real estate liabilities mirrors other troubling reports across China’s banking sector right now showing the extent of hidden debt entanglement among financial firms. Private equity, led by Ping An Insurance Group of China Ltd’s (OTC: PNGAY) real...
-
Why This Apollo Global Management Analyst Is Turning Bearish
Monday, October 9, 2023 - 11:58am | 285Shares of Apollo Global Management (NYSE: APO) were heading south in early trading on Monday. Although the Federal Reserve is likely near the end of its tightening cycle, the bond market does not reflect this, according to Oppenheimer. The Apollo Global Management Analyst: Chris Kotowski downgraded...
-
Rescue Capital: The Superhero For Multifamily Properties In Distress
Friday, September 29, 2023 - 7:58am | 572When interest rates hit historic lows during the coronavirus pandemic, many multifamily investors acquired deals using floating-rate bridge loans. Interest rates have since soared — often doubling — and those investors not having trouble making payments and are defaulting on the loans. ...
-
Goldman Sachs Purchases US And UK Companies Using Chinese State Funds Amid Rising Tensions
Wednesday, August 30, 2023 - 5:17am | 462Goldman Sachs (NYSE:GS) has leveraged a fund created in collaboration with the China Investment Corporation (CIC) to buy a series of companies based in the U.S. and U.K. at a time of escalating tensions between Beijing and the West, Financial Times reported. Goldman Sachs completed seven deals...