So then why did we bid. Because it was a place to start. We are short at public debt and at what I terms really optimistic level.So buying at a down 35, even with these adjustments, it's probably going to be an okay investment. You say you're short public debt like like you're short like because you're like a match. Like how your debt against getting long.This stuff, we're like, there's a and I'm missing something, right. Yeah. A huge part of our capital is to provide investors tail protection.And so we are ...

While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets. ...

Private equity investors would have been better off parking their money in the public markets over the last five years, even when gains from the so-called Magnificent 7 stocks are stripped out, a new report shows. https://t.co/hPF8xquyWb ...

RT Bloomberg Live (@BloombergLive)As more companies stay private for longer, what will it take to revive public markets? @NYSE President @lynnmartin joins #BloombergInvest to discuss the regulatory and corporate changes shaping the future of going public.Live 3/3 at 3:05 PM ET! 📺https://t.co/eeTrczfbKe https://t.co/AUImyd4ALZ ...

RT Gwart (@GwartyGwart)People keep saying it’s a shame that retail hasn’t had access to Anthropic, OpenAI, Stripe, SpaceX, and others and haven’t been able to share in the upside of these companies so far. Why does retail feel entitled to be on these cap tables? It seems that people conflate the idea that accredited investors laws are broken and that it’s costly and burdensome to go public with thinking that they deserve the right to share in upside of these companies. It’s not like we created that value, I ...

What a way to kick things off with this announcement that you're handing out, least for the asset management business, the reins over to Connor Teskey, I have to say, and a lot of your industry, not only are there issues with succession planning, rarely do they lay out such a clear path. Why do this and why now. So our business is about running great businesses.What we do is we buy into companies, we help management teams, we build them, and therefore we we're very determined ourselves about making sure we ...

Is this sustainable, this extent that companies are staying private for longer and will the wall of money still come in. I think what we've seen is a structural change in how companies capitalize themselves. This is driven by some very enduring factors, such as regulation.Sarbanes-Oxley made it more difficult to be public, and aspects of the JOBS Act made it easier to stay private. But I think there's also been a cultural change amongst companies. I think founders today realize that you can build a better, ...

IPO Market Trends - The IPO market may see significant changes in 2026, potentially prompting major AI players to go public [1] - Private AI companies like OpenAI and Anthropic may need to consider IPOs due to increasing capital expenditure demands [2] - By 2030, data centers supporting AI processing are projected to require over $5 trillion in capex [2] Financial Considerations - Public equity provides lenders with real-time valuation certainty, enabling companies to take on more debt at lower costs [4] - Suppliers and partners require long-term financing durability, often through 10 to 15-year contracts, favoring public companies [4] - If OpenAI, valued at $1 trillion, floated 10% of its shares, it would exceed the total amount raised by all 340 IPOs in the US this year [5] Private vs Public Markets - There's been a decrease in the availability of public shares over the past 20 years [5] - Washington has been exploring ways to allow retail and high-net-worth investors access to private companies before they go public [6] - Democratizing private markets aims to give individual investors access to company growth phases [6]

RT Bob Loukas 🗽 (@BobLoukas)Having great and reliable income streams beats anything you’re ever going to earn playing in the public markets.Markets are a compounding machine, rewarding patience and consistency, not hope and moonshots. ...

The three star companies are showing sudden interest in public markets. We explain why https://t.co/uoKsTPARG4Illustration: Brett Ryder https://t.co/bm4nWIUaaC ...