private equity

In a significant leap for the field of neurotechnology, Neuralink, a tech startup co-founded by billionaire entrepreneur Elon Musk, recently obtained the Food and Drug Administration’s approval to commence trials implanting their revolutionary brain chips into human subjects. The firm's...

Tiger Global Management, a prominent New York-based hedge fund, launched a $12.7 billion venture fund in October 2021 to support numerous tech startups within two years. The venture capital firm gained notoriety with its successful investments in a variety of tech startups around the globe. Some of...

Goldman Sachs Group Inc.’s (NYSE: GS) digital asset team is exploring the potential for blockchain technology to enhance the efficiency of private equity and other markets. What Happened: According to the team's global head, Mathew McDermott, the bank remains "hugely supportive...

Twitter is seeking new equity investors, offering shares of the now-private company to potential investors at $54.20 per share, the same amount Elon Musk paid for the business. What Happened: As advertisers leave and debt looms over the microblogging platform, Jared Birchall, managing director...

For years, many financial advisers recommended a mix of stock and bond investments to their average retail clients, including the standard 60/40 stock-to-bond portfolio. Because of record high inflation and plunging markets, this age-old rule of thumb is becoming less relevant. To help their...

A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. The move would follow up a busy 2021, which saw several large transactions in the space. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector....

U.S. defense contractor ManTech International Corp (NASDAQ: MANT) is in advanced talks to be bought by private equity firm Carlyle Group Inc. (NASDAQ: CG), a Bloomberg report said on Sunday. The deal could value ManTech at about $4 billion and be announced as early as this week, the...

For decades, affluent investors invested in alternative investment options like private equity, real estate and unconventional options like art. However, times are changing as more average investors are starting to invest in these asset classes. One of the biggest reasons behind this shift is that...

Private equity firm Apollo Global Management (NYSE: APO) is open to teaming up with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk or any other bidder to finance a Twitter Inc (NYSE: TWTR) buyout, the New York Post reported on Monday,...

Provident Realty Advisors has launched an investment offering on the private equity real estate platform CrowdStreet for the development of seven parcHAUS single-family rental communities in high-demand markets throughout Texas. This type of development is now considered an institutional-quality,...

The private equity real estate investment platform CrowdStreet is releasing its latest offering today, the 121-key Hampton Inn in the heart of Myrtle Beach, SC. The Hampton Inn Myrtle Beach-Northwood hotel is in the northern part of Myrtle Beach in the Grande Dunes area. The hotel is only three...

Valuations for professional sports teams continue to rise. A rule that allows private equity companies to own minority stakes in National Basketball Association (NBA) teams continues to be a big story for the sport and is giving investors a way to invest in several NBA teams. What Happened:...

The Phoenix Suns are nearing an NBA Championship for the 2020-2021 season, which would be the first title in team history. The Suns are majority-owned by Robert Sarver, but investors can own a piece of the team via a company that went public with a SPAC merger and has plans to own stakes in...

A Southeast Asian ride-hailing company is in talks to go public through a special purchase acquisition company (SPAC), according to a report in The Wall Street Journal. According to the publication, Grab Holdings could merge with one of two SPACs being led by Altimeter Capital Management LP in a...

The largest temperature-controlled logistics provider in the world, Lineage Logistics, announced Thursday it has raised $1.9 billion in equity from various investors. Lineage plans to use the capital to fund various new developments, facility expansions and tech initiatives. The company will also...