Private equity firms are cutting leveraged loan bankers out of M&A deals — and their lucrative fees https://t.co/5U9kSg4FDf ...

After a shaky start to the year, there appears to be some optimism on Wall Street for dealmaking in the second half of 2025. For more on the merger pipeline and the IPO market, we want to bring in Stefan Felgoys. He's global head of M&A at Goldman Sachs.And and Stephan, let's talk this through. People were expecting some really big things this year with uh President Trump coming in. this idea of deregulation, the idea that maybe more deals would get approved more quickly didn't happen in the first three mon ...

Digital Asset Regulation & Innovation - The US government has officially recognized payment stablecoins, potentially lowering costs and risks through near-instantaneous settlement of payment versus delivery for securities [3] - The SEC's role involves pushing exchanges towards T0 (effectively instantaneous) settlement, while addressing fraud prevention [3][4] - The industry is currently at T+1 settlement, moving towards the long-desired goal of almost instantaneous delivery versus payment [4][5] - The SEC has stated informally that Ether is not a security [22] - The market is embracing digital assets, fostering development and innovation in the sector [23] Private Markets & 401(k) Plans - Private markets have grown significantly in the last 30-40 years, offering capital through venture capital, private equity, and private credit [7] - There's increasing investor demand to access private markets through retirement plans [7] - The SEC aims to collaborate with the Department of Labor to establish guardrails for individual investors to include private funds in their retirement plans [8][9] - Key considerations for private fund investments include valuation, liquidity, and fees, necessitating fiduciary oversight [9] Public Market Rejuvenation - The industry needs to rejuvenate public markets by addressing excessive disclosure, litigation issues, and governance issues [12][13][14] - The SEC aims to level the playing field between public and private markets through regulatory power [12][14] Liquidity in Private Investments - Liquidity is a key concern for private investments, especially as investors approach retirement [14][16] - The market may develop solutions to address liquidity issues, such as secondary or tertiary markets for liquidating investments [17][19] - Diversification is crucial in retail markets, along with addressing fees and liquidity [20]

Alternative asset manager Pollen Street Capital has raised €2 billion for its private equity strategy, helped by increased appetite for mid-market deals in Europe https://t.co/v9GYraOhRg ...

Market Trends & Macroeconomic Factors - The market is receiving mixed signals regarding the Federal Reserve's interest rate path, especially with recent CPI increases [1] - While overall inflation has been relatively tame despite tariffs, the Fed is expected to observe a few more months of data before resuming rate cuts [2] - There's uncertainty surrounding the risk of inflation spiking and upward moves in bonds, particularly with the August 1 deadline looming [4] - The market appears to be largely shrugging off these concerns, hoping for trade deals or extensions [5] Company Earnings & Valuations - Attention is being paid to how tariffs and trade are impacting company earnings and margins, though no significant impact has been observed thus far [6] - NASDAQ and S&P are near or at all-time highs, indicating markets are priced for perfection [6] - Tech stocks have seen a surge since April lows, leading to stretched valuations [8][9] - Top 10 holdings in the S&P account for a significant concentration, representing 30-38% of the index and 32% of the earnings [9] - Despite high expectations, the market wants to see continued investment in AI and capex spending on data centers and infrastructure [10] Investment Opportunities - Both public and private investments are seen as good opportunities, particularly in illiquid investments across private capital, private equity, private credit, and private real estate [12][13] - Investing in alternative asset managers could benefit if more private investments are allowed in 401ks [11] - Private equity investments offer exposure to AI companies not readily available in public markets [13]

Investment Strategy - ShawKwei & Partners, a private equity firm, is staying away from China [1] - The firm relocated from Hong Kong to Singapore three years ago [1]

Market Trends & Regulatory Landscape - President Trump is expected to sign an executive order to make private market investments more accessible to US retirement plans [1] - The executive order aims to provide guidance to the Department of Labor and the Security Exchange Commission on incorporating private market investments into target date funds and balanced funds within 401k plans [1] Investment Opportunities & Potential Risks - The 401k industry holds approximately $12 trillion in assets, presenting a significant opportunity for private market investments [1] - BlackRock and Apollo are among the firms that stand to benefit significantly from increased access to private capital in 401k plans [1] - Concerns exist regarding the suitability of alternative investments for all investors due to their less liquid nature, reduced transparency, and higher fees [2][3] - The relative youth of the private market asset class raises concerns about its long-term performance and appropriate allocation within retirement portfolios [4] Individual Investor Considerations - The average Fidelity 401k account balance at the end of Q1 was $127,000 [1] - Financial advisors express concern that investors may view private market investments as a quick fix to meet retirement goals without fully understanding the challenges [4][5] - Independent financial advice is crucial to determine how these investments fit into an individual's overall financial life [5]

It's time now for the Wall Street beat. It's the talk of the town. The Trump administration is finalizing an executive order that would allow for one key retirement plans to invest in private equity.This move would be a major win for the industry. Stocks are rallying on the news. Many of these stocks have been under pressure all year.Joining us now with details, Bloomberg's private equity reporter, Alison Mcneilly, who's been following the story, closely reported back in May that this was under consideratio ...

Okay, folks. I want to know what you guys think of this one. So, the Trump administration now working on a plan, a proposal really, to make private market investments more available to Americans through their retirement plans.This is according to a report in the journal which says that an executive order could be signed as soon uh really in the next couple weeks. Uh but details still being worked out on this. Success uh in the area would amount to a huge win for the private equity industry.shares of some of ...

On Bullish with Sonali Basak, we explore how private equity is changing the landscape for homebuyers and renters, and whether it will help or hurt them https://t.co/WqEzQHeyrU ...