Johannes Laumann, chief investment officer at German special situations investor Mutares, sees opportunities to expand its investments in the U.S. amid growing market uncertainty
https://t.co/TYu7i0iPiE
OceanSound Partners raised $3.4 billion to invest in companies that supply technology to the aerospace and defense sectors, government and other highly regulated markets
https://t.co/FUZNwkQIwW
"In a market increasingly dominated by quick hits and hot takes, Tracy Kidder’s immersive narratives stood apart."
RIP the author of "The Soul of a New Machine" and other works
A wise obituary by @jswatz
https://t.co/nNyCo061Rb
A trove of nearly 3,200 disclosure records, which ProPublica is making public today, reveals a web of financial ties between Trump officials and the industries they help regulate.
https://t.co/dHJCBOSrKX
Gen. PETRAEUS: The future of warfare—not yet seen in the Gulf—is Ukraine producing 7 million drones per year. Last year they made 3.5 million, enabling 9–10 thousand drones per day.
These are still remotely piloted. But autonomous systems are coming, and that means drone swarms. They're already being introduced at mission end. Defending against swarms is really hard—you'll need high-powered microwaves or similar.
We're not where we should be, despite what we should have learned from Ukraine for a very long time. They're making software changes every week or two, hardware changes every 2–3 weeks.
Midmarket firm Truelink Capital closed its second fund at its $2 billion hard cap, wrapping up fundraising in about three months
https://t.co/h6vxjQzqYb
NEW: Pardon seekers are routinely being asked to pay $1m+ to lobbyists & lawyers claiming access to Trump, often with bonuses if clemency is granted.
I investigated the Trump Pardon Industrial Complex, & detailed the backstory behind 1 interesting pardon https://t.co/Yswmv9cxBU
Rebuilding America's defense industry is “crucial to preventing wars from starting and winning them if they do,” the @nytimes editorial board argues.
https://t.co/KvJ7lAab0x
In a groundbreaking endeavor, the University of Utah athletics is entering into what could be a $500M+ equity partnership with Otro Capital featuring the creation and shared ownership of a for-profit entity to operate athletics, sources tell @YahooSports.
https://t.co/yLhYp0liPI
FT Exclusive: US private capital group KKR is in talks to acquire Arctos Partners, one of the pioneers of the private equity industry's push into professional sports. https://t.co/0dCqfA4A8K
Battery Ventures is leading a $50 million investment for Maybern in a deal that more than triples the fintech company’s valuation as it continues to benefit from explosive growth in private markets
https://t.co/0wnMiePpKt
A resurgent U.S. deals market gives big, cash-rich buyout firms more deal opportunities, including exits, while the IPO market shows signs of life as well
via @mjarmental @WSJ#PrivateEquity https://t.co/Onn9vWvfbD
A little-known local firm has emerged from the wreckage of the car parts supplier’s collapse as its largest creditor. Onset Financial says it is owed $1.9bn, which eclipses that of prominent Wall Street firms embroiled in the debacle https://t.co/bgwtOMU98x
In a new book called “The Transformation Principles,” General Catalyst Chief Executive Hemant Taneja outlines his vision for a more sustainable model for capitalism
https://t.co/wOq9Kx5XKA
EXCLUSIVE: A new bill has been introduced to block private equity deals with athletic departments or conferences, according to a draft of the bill obtained by FOS.
No school or conference would be permitted to sell ownership stakes to a sovereign wealth fund, PE, or hedge fund.
The end of the de minimis tariff rule is sowing confusion among consumers and havoc in international package delivery. Some consumers say they are getting surprise tariff bills from FedEx, UPS or DHL when sellers don't prepay tariffs. https://t.co/VLXHpiXNlj @WSJ