Private Equity Using New Technologies, Tactics to Deliver Investor Returns Despite Decrease in Global Dealmaking

PE M&A Professionals Expect Due Diligence to Speed Up in Next Five Years

Despite a decrease in global mergers and acquisitions (M&A) year to date, private equity (PE) professionals, especially in North America, are leaning into new tactics and technologies, including the use of artificial intelligence, to deliver investor returns. This is according to findings from the Invest in Insight: Private Equity Market Brief report from Datasite®, a leading cloud-based technology provider for the M&A industry, and PitchBook, a financial data and software company.

The report, which is based on market data and a survey of over 500 global PE professionals, shows that PE professionals are actively investing by using new tactics, such as providing credit lines, engaging in private investments in public equities (PIPEs) and contributing to special purpose acquisition companies (SPACs) to capitalize on opportunities to buy publicly listed companies. Additionally, the report highlights the potential for emerging

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With Technology Stocks Soaring, Tech Executives Boost Investor Confidence With Newswire’s Financial Distribution

Press release content from Newswire. The AP news staff was not involved in its creation.

NEW YORK – October 12, 2020 – ( Newswire.com )

​​Investors will be closely monitoring the tech sector as election season ramps up in the United States, and C-suite tech executives will be looking to make every effort to boost brand perception in that time leading up to Nov. 3. With Newswire’s Financial Distribution Platform, tech leaders can effectively distribute their company news, updates and performance reports to the nation’s most-read financial outlets and publications to effectively increase brand awareness during this crucial time in the country’s history.

Tech shares soared as a result of the coronavirus pandemic, as millions of Americans were limited to their homes during the lockdown periods that went into effect in early March of this year. Since then, American households became shared workspaces, schools, entertainment

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With Technology Stocks Soaring, Tech Executives Boost Investor Confidence With Newswire’s Financial Distribution – Press Release

NEW YORK, NY / ACCESSWIRE / October 12, 2020 / ​​Investors will be closely monitoring the tech sector as election season ramps up in the United States, and C-suite tech executives will be looking to make every effort to boost brand perception in that time leading up to Nov. 3. With Newswire’s Financial Distribution Platform, tech leaders can effectively distribute their company news, updates and performance reports to the nation’s most-read financial outlets and publications to effectively increase brand awareness during this crucial time in the country’s history.

Tech shares soared as a result of the coronavirus pandemic, as millions of Americans were limited to their homes during the lockdown periods that went into effect in early March of this year. Since then, American households became shared workspaces, schools, entertainment centers, and more through the usage of various technologies. According to Andrew Hecht of stocknews.com, it is suspected that the

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Investor urges Disney to spend on streaming, not dividends

Activist investor Daniel Loeb on Wednesday urged Walt Disney Co. to skip paying an annual dividend and instead pour the $3 billion into hits for its streaming television service.

Loeb, founder of Third Point hedge fund, made his pitch in a letter to Disney chief executive Bob Chapek and the board of directors.

Loeb reasoned that skipping a few dollars per share in dividends, the entertainment giant could use the money to more than double its budget for content at Disney+ streaming service.

“Disney has built one of the largest streaming platforms in the world, already within the original 5-year Disney+ subscriber target range of 60-90 million,” Loeb said in the letter, a copy of which was obtained by AFP.

“To further capitalize on this transformational opportunity, we believe the company should permanently suspend its $3 billion annual dividend and redirect this capital entirely into content production and acquisition for

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Realty investor grabs Milpitas apartments near tech hubs

MILPITAS — A veteran real estate investor with a national reach has bought a big apartment complex in Milpitas, a deal that points to ongoing strong buyer interest in the Silicon Valley housing market.

Victorian Square, an apartment complex in Milpitas, has been bought by an affiliate of Klingbeil Capital Management, a real estate firm with a San Francisco office and roots in Ohio, according to public property and business records.

The 96-unit Victorian Square, located at 2021 N. Milpitas Blvd. in Milpitas, was bought for $36.3 million, property records filed with Santa Clara County officials on Oct. 2. show.

Located near tech hubs in San Jose, Milpitas, and Fremont, the apartment complex appears to be in strong demand from renters. The apartments.com website states that none of the units in the complex are available for rent.

Investors appear to hunger for apartment complexes throughout Silicon Valley and the East

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North San Jose tech center is bought by California investor

Two modestly size office buildings that sit on a north San Jose lot that’s big enough to be redeveloped have been bought by a Southern California investor.

In a rare occurrence for Silicon Valley office buildings, the sellers sold the property for less than what they paid for it, Santa Clara County public records show.

An affiliate of JW Capital Inc., which is headed by San Diego-based investor John Wang, bought the two north San Jose buildings in a cash deal, according to property documents filed on Oct. 2.

The two buildings are located at 1110 and 1120 Ringwood Ct. in San Jose and together they total about 79,000 square feet, according to a brochure prepared by CBRE, a commercial real estate firm that has been working to find tenants for the office buildings.

JW Capital paid $10.6 million for the two buildings, county documents show. The buildings make up

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Legendary tech investor Bill Gurley says today’s markets remind him of the dot-com bubble



Bill Gurley wearing a suit and tie: Reuters


© Reuters
Reuters

  • Legendary tech investor Bill Gurley told CNBC on Friday that the stock market reminds him of the late ’90s dot-com bubble. 
  • “There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future,” the Benchmark partner said. 
  • Other investors like Stanley Druckenmiller have drawn similar conclusions about today’s technology stocks. 

Legendary venture capitalist Bill Gurley told CNBC on Friday that the stock market reminds him of the late-1990s tech trading environment that led to the dot-com bubble.

“There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future, that we haven’t seen since the

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A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years

Bitcoin has had a strong start to the decade, adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.

The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on a roller coaster through 2020, crashing to under $4,000 in March before rebounding to well over $10,000.

With a raft of established investors turning to bitcoin this year as a potential hedge against the inflation they see coming as a result of unprecedented government spending and money-printing, a prominent investor in electric car-maker Tesla
TSLA
has said it expects bitcoin’s total value to balloon to between $1 trillion and $5 trillion during the next five to ten years.

MORE FROM FORBESBitcoin And Blockchain Are The ‘Future’ Of Twitter, CEO Jack Dorsey Reveals

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Drahi’s Bid to Take Altice Private Gets Investor Complaint

Hedge fund Lucerne Capital, an investor in Altice Europe NV, has raised objections to billionaire Patrick Drahi’s plan to take the company private, saying his offer undervalues the company.

Altice’s founder and largest shareholder made an offer Sept. 11 to pay 4.11 euros a share through his Next Private vehicle, valuing the entire company at 4.9 billion euros ($5.8 billion). That represented a 24% premium over the previous day’s closing price.

The offer represents a “significant discount” to the shares, and is designed to squeeze out minority investors, the hedge fund wrote in a letter to the French telecommunications company’s board Thursday.

The telecom's debt load has stoked price volatility

Lucerne Capital, founded in 2000, said it represents funds owning about 94 million euros of Altice Europe shares.

A representative for Altice was unable to provide immediate comment.

“Mr. Drahi is using the temporary lull in the share price, caused by Covid-19, to unlock the huge upside in

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DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF



a man wearing a suit and tie: DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF


© Kshitij Anand
DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF

The type of responses that we have seen in recent IPOs point towards not only ample liquidity in the system but more importantly towards investor sentiment, Prasanna Pathak, Head of Equity, Taurus Mutual Fund, said in an interview with Moneycontrol’s Kshitij Anand.

Edited excerpts:

Q) US Fed plans to keep interest rates low for a long time. What is the kind of impact it will have on emerging markets like India as well as the currency?

A) The plan to keep the interest rates low for a long time, indicates that the US Fed is skeptical of demand revival in the economy and hence the revival of inflation in the short to medium term.

Though this does point to a weak economic recovery. The low-interest rates coupled with the central

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