Investors looking to cash in on AI’s rise often face a tough choice: buy early-stage startups at sky-high prices or wait for a safer public stock to climb. One fund, BlackRock’s Science and Technology Term Trust, offers a middle path. It holds a mix of fast-growing tech names—including a tiny slice
Employers might soon get legal shelter to add risky bets like cryptocurrency and private equity funds to your retirement account. The push comes from top officials claiming new rules will free workers from old red tape that supposedly blocks "innovation. " But scratch the surface and you find a diff
Hologic’s stock hit a year-high of $76. 07 recently, but the real story isn’t just the price—it’s the $18. 3 billion takeover by Blackstone and TPG that’s about to make the company private. The deal, expected to close by April 7, leaves investors with a simple choice: stick around for a possible bon
In 2011 a woman whose late husband once worked alongside Bernie Madoff set up a charity called Freedom Together. She’s still in charge, drawing a small paycheck while the foundation’s accounts swell with seven-figure donations every year. That steady flow of cash makes you wonder who really benefits
A private‑equity group is weighing the idea of selling a Texas‑based auto loan company that helps people buy cars on credit. The buyer could pay between $2. 5 billion and $3 billion, sources say. The company was bought by the group in 2021 from another major investor for an undisclosed sum. It wo
Triton Partners, a big name in European investments, just raised a huge amount of money. They got €5. 5 billion for their new big fund. That's a lot of cash! This is a big deal because not long ago, they had some issues. People were talking about their work culture, and it was hard for them to get n
College sports are getting a financial boost from an unexpected source: private equity. The University of Utah has just made history by teaming up with a private equity firm to support its athletics programs. This deal is a big shift from the usual way things are done. The university has set up a fo
OneStream, a finance software company, is making a major shift. It's going private in a deal worth $6. 4 billion. The company's CEO, Tom Shea, sees this as a way to speed up their plans for AI in finance. He believes the next few years will be crucial in defining AI's role in this field. The deal i
Private equity firms are in a pickle. They usually buy companies, fix them up, and sell them for a profit. But lately, it's been tough to find buyers. Interest rates have shot up, making it expensive to borrow money for deals. So, what's their clever trick? They're selling companies to themselves!
College sports have seen a huge shift in recent years. Athletes are now getting paid, some making millions. This change came after two big court rulings. First, the Supreme Court said in 2021 that the NCAA couldn't limit benefits for athletes. Then, they allowed athletes to be paid for their name, i
