Tag

Private Markets

All articles tagged with #private markets

business25 days ago•2 min saved

Private markets go mainstream as Clear Street launches pre-IPO platform with Databricks

Clear Street launches a pre-IPO platform for accredited investors, starting with Databricks (valued at $188B) and plans to add up to 30 late-stage startups by year-end, offering private-market research led by Owen Lau and margin loans against pre-IPO stakes to increase transparency and access. The move mirrors Goldman Sachs’ expansion into private-company offerings; Clear Street paused its own IPO but remains financially strong and eyes a 2027 listing depending on market conditions.

via CNBC|

#business #clear-street #databricks

business25 days ago•5 min saved

Private markets outpace public listings as consumer brands delay IPOs

Five years after a 2021 IPO boom, the market for going public has cooled and more consumer companies are choosing to stay private longer, backed by deep private capital and a booming secondaries market that offers liquidity without an IPO. A few consumer IPOs in 2026 (like Jersey Mike’s and Reformation) have been modest, underscoring a shift where valuation, regulatory burden, and access to capital in private markets are keeping many firms private while experts expect potential policy tweaks could eventually re-balance incentives toward going public.

via CNBC|

#business #consumer-retail #ipo

business25 days ago•4 min saved

Tepid Debuts for Jersey Mike’s and Reformation Signal Cautious Consumer IPO Mood

Two debt-laden consumer IPOs—Jersey Mike’s and Reformation—drew tepid investor interest: Jersey Mike’s priced at $23 and closed at $21.63, while Reformation finished near flat at $15.08, underscoring cautious appetite for branded consumer offerings despite a busy week for listings; proceeds will primarily pay down debt (about $2.1 billion for Jersey Mike’s) and fund expansion plans (Jersey Mike’s targets up to 15,000 stores; Reformation looks to grow in the UK, Canada and France).

via Financial Times|

#business #equities #ipos

business1 month ago•3 min saved

Goldman Sachs launches direct private-investments platform for wealthy clients

Goldman Sachs has created an alternative investments platform that combines its existing private markets business with two new teams focused on direct, later‑stage stakes in individual private companies and on enabling clients to buy and sell those stakes via a dedicated liquidity advisory group, expanding access to direct private investments for wealthy clients as private companies stay private longer and AI-driven opportunities grow.

via CNBC|

#business #direct-investments #private-equity

technology1 month ago•7 min saved

From $40,000 and a Matrix-inspired name to a $23B Nasdaq tech empire

An Italian startup that quietly built a sprawling tech conglomerate through roughly 50 acquisitions of struggling brands (including Evernote, AOL, Eventbrite and Vimeo) and heavy debt. After going public on Nasdaq, it raised about $1.68 billion and is valued at roughly $23 billion, driven by a large, highly paid team of “Spooners” who overhaul acquired products rather than selling them off. The approach, praised for reviving assets and criticized for layoffs and limited financial disclosure, sets up ongoing questions about the long-term performance of the holdings under Bending Spoons.

via Financial Times|

#acquisitions #bending-spoons #evernote

business2 months ago•46 min saved

SpaceX IPO Illuminates Capitalism's Private-Power Shift

An opinion piece argues SpaceX's upcoming IPO will likely crown Elon Musk the first trillionaire and reveal how private markets, dual-class stock, and the dominance of index funds have reshaped capitalism. The argument is that founders can retain control while tapping massive external capital, and that a thin float coupled with pressure to join major indices will push demand from passive funds regardless of fundamentals, potentially triggering rebalancing that redistributes wealth and undermines governance. The piece calls for regulatory fixes to address these dynamics, suggesting we’ve moved from traditional capitalism toward a market that privatizes risk for the few and dilutes accountability for the many.

via The Bulwark|

#business #elon-musk #index-funds

business3 months ago•89 min saved

Shadow Market Reveals Private Bets on SpaceX and OpenAI Shares

An investigative piece exposes a murky private-share market where investors trade pre-IPO stakes in SpaceX and OpenAI via brokers and online platforms. Deals often come with opaque valuations, limited liquidity, and regulatory gray areas, raising risks of illiquidity, misrepresentation and scams; buyers should beware that these shares may never become publicly tradable.

via Forbes|

#business #openai #pre-ipo

opinion3 months ago•5 min saved

AI surge could thaw the market's de-equitisation shield

A Financial Times opinion argues that this bull market has ridden a de‑equitisation backstop—shrinking public equity supply via buybacks and privatisations. Now an AI boom, led by players like OpenAI, Anthropic and SpaceX, could bring sizable public-market supply as these firms explore IPOs with valuations potentially up to $4 trillion, possibly expanding the US equity base by about 6% and weakening the de‑equitisation ‘put’ that has supported prices. Meanwhile, Big Tech’s shift toward heavy AI investment is dampening buybacks, suggesting more public issuance could emerge in coming years.

via Financial Times|

#ai #buybacks #equities

business3 months ago•4 min saved

Anthropic Private Shares Spark Silicon Valley Gold Rush

Investors are scrambling to buy Anthropic’s private stock as the AI startup’s rapid growth and momentum drive a scarce secondary market, with offers ranging from cash to partnerships and rumors of valuations around or above $1 trillion, while most insiders hold firm and the pool of sellers remains thin.

via Business Insider|

#ai-industry #anthropic #business

business5 months ago•4 min saved

Apollo Trims Withdrawals in Flagship Private Credit Vehicle

Apollo Global Management capped redemptions from its flagship Apollo Debt Solutions BDC after investors sought about $1.6 billion (11.2% of its $15 billion net assets), above the 5% threshold for limiting withdrawals. The firm honoured roughly half of withdrawal requests, joining peers like Morgan Stanley and BlackRock in restricting outflows as investor sentiment cools on semi-liquid private markets. The fund, with about $25 billion in investments, posted roughly flat net flows for the quarter after new commitments and redemptions, and recorded its first monthly loss in February due to a sell-off in more liquid loans.

via Financial Times|

#apollo-global-management #asset-management #business

finance5 months ago•3 min saved

Robinhood Opens Private Markets to Retail Investors With $658M Venture Fund IPO

Robinhood debuted its flagship $658.4 million Robinhood Venture Fund (ticker RVI) on the NYSE, giving retail investors exposure to late-stage private tech names such as Databricks, Ramp and Revolut; the closed-end fund aims to broaden access to private assets amid soaring valuations, while the IPO priced at $25 per share and drew modest demand (12.6 million shares sold).

via Reuters|

#finance #ipo #private-markets

business5 months ago•3 min saved

Private Credit’s Quiet Firestorm: Withdrawals Spark Talk of a Shakeout

Private credit funds—reaching about $3 trillion—are under scrutiny after Blackstone and Blue Owl faced sizable withdrawals, underscoring concerns about opacity and risk as the market grows to retail investors and potentially faces a shakeout despite remaining a flexible financing option for borrowers.

via Business Insider|

#blackstone #blue-owl #business

business6 months ago•5 min saved

Dimon Warns of Hidden Private-Credit Dangers Behind the Lending Boom

Jamie Dimon warns at an investor event that the opaque $3 trillion private-credit market harbors 'dumb stuff' risks that could spark a crisis like 2008, as AI-fueled private lending outpaces transparency; Fed minutes flag vulnerabilities in private credit despite low public spreads, highlighting a potential risk blind spot in the financial system.

via Barron's|

#business #federal-reserve-minutes #financial-crisis-2008

business7 months ago•4 min saved

BlackRock tops $14tn in assets after record quarter

BlackRock surpassed $14tn in assets under management after a record quarter, with $342bn of inflows in Q4 and almost $700bn for the year, driven by strong equity and fixed‑income ETF flows and a rally in stocks. The firm also expanded private‑markets activity (private credit and infrastructure) and took on about $80bn of Citigroup assets, as it pursues roughly $400bn in private‑markets fundraising by 2030. Revenue rose 23% to $7bn in the quarter, while net profit fell about a third due to higher costs tied to its acquisition spree.

via Financial Times|

#asset-management #blackrock #business

markets7 months ago•33 min saved

BlackRock Reaches $14 Trillion in AUM as ETF Boom Expands Private Markets

BlackRock posted a record $14 trillion in assets after $342 billion of client cash in Q4, boosted by ETF inflows (ETFs now total about $5.5 trillion) and expansion into private markets via acquisitions, with full-year inflows reaching a record $698 billion.

via Bloomberg.com|

#assets-under-management #blackrock #etfs