Private market firms struggle to balance growth and operational spend

From 2008 to 2022, private funds enjoyed turbocharged growth when their assets under management (AUM) soared five-fold to reach $13 trillion. The AUM metric came to rival returns as the golden benchmark of success and drove a surge in compensation for general partners and their teams. Money rolled into private markets, and with channels to private wealth management opening up for smaller investors, the future looked even more prosperous.  The mantra for many became “growth at all costs.” Firms added headcount and raised salaries, anticipating continued increases in management fees.

Venti Technologies Strengthens Executive Leadership Team

Steven Steven named Vice President, Corporate Finance BOSTON & SINGAPORE–(BUSINESS WIRE)–Venti Technologies, a world leader in AI-powered autonomous vehicle logistics, today announced the appointment of Steven Steven as Vice President, Corporate Finance. Steven is a seasoned corporate development and finance professional who brings to Venti extensive experience and proven success in capital raising and corporate financial strategy. As Vice President, Corporate Finance, Steven will manage all aspects of Venti’s financial operations for long-term sustainability and growth, including fundraising, accounting and reporting functions, and growth strategy. “I am thrilled to welcome

Multibagger Stocks Below INR 100

Multibagger stocks below INR 100 denote shares with potential returns several times higher than their acquisition cost. Specifically in the Indian stock market, these are equity shares offering investors returns exceeding 100%. Typically found in high-growth industries, these stocks boast strong fundamentals and substantial growth potential. While they can significantly enhance portfolio returns, it’s crucial to acknowledge the high risks associated with investing in multibagger stocks, necessitating thorough research and analysis.Additionally, stocks under INR 100 generally indicate better perceived value by investors, given the psychological mark of INR 100. These

Bastille Raises $44M Series C Investment Led by Goldman Sachs Asset Management

PRESS RELEASESanta Cruz, CA – Jan. 25, 2024 – Bastille Networks, Inc., a leading supplier of wireless threat intelligence technology to high-tech, banking, and the intelligence community, is pleased to announce a Series C investment of $44 million, led by its new investor: Growth Equity at Goldman Sachs Asset Management (Goldman Sachs). Existing investor Bessemer Venture Partners joined Goldman Sachs in the Series C round. Investors in previous rounds include Comcast, Bessemer, and the individual investors who have supported the Company from its Seed stage. The capital will be used to

MedMen Crisis Deepens: Leadership Shakeup as Stock Crashes to Zero

LOS ANGELES – MedMen Enterprises Inc., once considered a cannabis unicorn, may be facing the legendary creature’s fate after a dramatic plunge in valuation and the sudden exit of more key executives.  Chief Executive Officer Ellen Deutsch Harrison stepped down January 19 after less than seven months in the role. Hot on her heels, Executive Chairman Michael Serruya, whose private equity fund invested $100 million in MedMen in 2021, departed January 24. Their exits mark the latest in a series of rapid changes in the company’s executive suite since 2020.

The Week’s 10 Biggest Funding Rounds: Recurrent Energy And Bilt Rewards See Big Money

Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding rounds here. Not a bad week for a big funding announcement, as there were a couple nine-figure rounds in energy and loyalty rewards, but several just slightly smaller ones in a variety of other sectors. As

Invest in Startups | Equity Crowdfunding | MicroVentures

In the world of venture capital, the allure of potential returns is usually accompanied by inherent risks. Some strategic approaches that an investor may take could be combining diversification and thorough due diligence. In this blog, we will delve into helping mitigate risk in venture capital, emphasizing some strategies that could help investors potentially meet investment goals while acknowledging the inevitable uncertainties. Venture capital can be considered synonymous with innovation, backing promising startups with the hope of rewards. However, the landscape has many uncertainties, from market volatility, illiquidity, to the

Coatue Cuts Deal Count 82% From 2021’s Highs

Coatue — one of the highest-flying investors back in the record-shattering venture days of 2021 — came back down to earth last year, curtailing the number of deals it did by 82% from just two years ago. In 2023, the crossover investor giant took part in only 29 completed and announced venture deals — per Crunchbase data — a steep decline from the 168 deals it took part in in 2021 and a 57% drop from the 70 deals in 2022. As deal-number dropped, so did the total value of

What is transition finance, and why it matters | GreenBiz

At the start of the year, I predicted "transition finance" will be a top theme to follow in 2024, after it dominated sustainable finance discussions during the recent COP 28 proceedings in Dubai.Two things are clear: Transition finance represents a multi-trillion-dollar opportunity for investors, and Wall Street already sees the case for these vehicles to provide attractive risk-adjusted returns.  Many interpretations Transition finance refers to investments meant to decarbonize high-emitting and hard-to-abate industries such as steel, aviation and shipping. This capital is also aimed at addressing potential social impacts associated