Musings on Markets

DECEMBER 11, 2024

If you work in a business, whether it be in marketing, strategy or HR, this class is designed to provide perspective on how what you do fits into value creation at your business. Note that the links for the spring 2025 classes will lead you to webcast pages, where there are no sessions listed yet, since the classes start in late January 2025.

Corporate Finance 125

Corporate Finance Finance Start-ups Appraisal 125

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a midyear M&A update describing the state of the market at the time. Therein we highlighted the flight to quality we noticed among private equity and corporate buyers: they were generally more conservative on valuations but bidding aggressively on companies with the strongest business fundamentals.

Marketability 52

Marketability Equity 52

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a midyear M&A update describing the state of the market at the time. Therein we highlighted the flight to quality we noticed among private equity and corporate buyers: they were generally more conservative on valuations but bidding aggressively on companies with the strongest business fundamentals.

Marketability 52

Marketability Equity 52

Mckinsey and Company

FEBRUARY 13, 2025

Global uncertainties remained in 2024, but the path forward for private equity became clearer, with a rebound in dealmaking and distributions.

Equity 103

Equity Marketability Corporate Finance Finance 103

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a mid-year M&A update describing the state of the market at the time. Therein we highlighted the flight to quality we noticed among private equity and corporate buyers: they were generally more conservative on valuations but bidding aggressively on companies with the strongest business fundamentals.

Marketability 52

Marketability Equity 52

Harvard Corporate Governance

JANUARY 20, 2025

Starks (The University of Texas at Austin), and Moritz Wagner (University of Canterbury), on Monday, January 20, 2025 Editor's Note: Jedrzej Bialkowski is a Professor of Finance at University of Canterbury, Laura T. Posted by Jedrzej Bialkowski (University of Canterbury), Laura T. a little less than 5%.

Finance 120

Finance Equity Marketability 120

Harvard Corporate Governance

AUGUST 28, 2023

Pension funds and institutional investors around the world have been allocating an increasing fraction of their assets under management to private equity (PE), venture capital (VC), and other types of private funds. in 2020, and 79% of investors stating that they expect to allocate a larger proportion of their funds to private equity by 2025.

Venture Capital Fund 189

Venture Capital Fund Equity Finance Marketability 189

IT Valuations

APRIL 7, 2025

Aaron Mahl, EVP Business Development, iTValuations Whats shaping IT company valuations in 2025? Our iTV experts, Greg Northrop, Reed Warren, and Aaron Mahl provide insights into the latest valuation trends, market drivers, and what IT business owners should be focusing on to maximize their companys worth. Whats Driving Valuations?

EBITDA 52

EBITDA Business Valuation Finance Equity 52

Musings on Markets

FEBRUARY 18, 2025

While I was working on my last two data updates for 2025, I got sidetracked, as I am wont to do, by two events. With these characteristics, the accounting balance sheets for these companies will be identical right after they start up, and the book value of equity will be $60 million in each company.

Equity 52

Equity Book Value Marketability Start-ups 52

Equidam

JUNE 23, 2025

Guest post by Equidam partner, Hatty Fawcett of Focused for Business There’s no sugar-coating it — raising investment in 2025 isn’t a walk in the park. And what do you, as a founder at pre-seed or seed stage, need to understand about how the market operates today? The State of UK Investment Q1 2025 Why Is This Happening?

Equity 64

Equity B2B Marketability Banking 64

Benzinga

JUNE 24, 2025

WASHINGTON, June 24, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. NYSE: FCN ) today released the 2025 Private Equity Value Creation Index , which found that M&A ranked last among 10 value creation levers, with only 9% of global private equity leaders naming it their top priority for 2025.

Equity 40

Equity Marketability 40

Musings on Markets

APRIL 7, 2025

Coming after a few days where the market seemed to have found its bearings (at least partially), it was clear from the initial reactions across the world that the breadth and the magnitude of the tariffs had caught most by surprise, and that a market markdown was coming.

Marketability 93

Marketability Risk Premium Start-ups Equity 93

Musings on Markets

FEBRUARY 8, 2025

In the first five posts, I have looked at the macro numbers that drive global markets, from interest rates to risk premiums, but it is not my preferred habitat. The second set of inputs are prices of risk, in both the equity and debt markets, with the former measured by equity risk premiums , and the latter by default spreads.

Risk Premium 74

Risk Premium Beta Start-ups Equity 74

Harvard Corporate Governance

JUNE 23, 2025

Griffin (University of North Carolina School of Law), on Monday, June 23, 2025 Editor's Note: Caleb N. Today, most investors hold equity assets indirectly through a variety of intermediary agents. Posted by Caleb N. Griffin is an associate professor at the University of North Carolina School of Law.

Compliance 176

Compliance Equity Marketability 176

Global Finance

DECEMBER 6, 2024

They also reclaimed significant market share from the behemoth global banks, posting phenomenal assets under management (AUM) and customer growth. Northeast: BNY Wealth Americas oldest private bank, BNY Wealth has excelled by maintaining a significant edge in combining market knowledge with state-of-the-art technology.

Banking 52

Banking Marketability Technology Finance 52

Musings on Markets

OCTOBER 4, 2023

That recovery notwithstanding, uncertainties about inflation and the economy remained unresolved, and those uncertainties became part of the market story in the third quarter of 2023. The Markets in the Third Quarter Coming off a year of rising rates in 2022, interest rates have continued to command center stage in 2023.

Marketability 123

Marketability Start-ups Risk Premium Treasury 123

Scott Mashuda

DECEMBER 19, 2024

The Federal Reserve’s recent monetary easing 75-basis-points in rate cuts with more cuts expected has created an unprecedented opportunity in lower middle market M&A. This shift from inflation-fighting to growth stimulus has fundamentally altered market dynamics, putting sellers firmly in control.

Marketability 52

Marketability Private Equity Firm Equity Banking 52

Mckinsey and Company

MAY 12, 2025

The countries could learn from each other to accelerate progress toward equity. In India, Nigeria, and Kenya, distinct but systemic challenges prevent women from reaching leadership roles at scale.

Equity 123

Equity Marketability 123

IVSC

FEBRUARY 21, 2024

He has three decades of experience in capital markets, corporate finance, and valuations. From 1994 to 2010, Nicolas spent sixteen years in equity markets in Paris, London, New York, and San Francisco in an array of functions from trading to Institutional sales for firms such as SE Banken (Enskilda), Credit Agricole and Sanford C.

Business Valuation 246

Business Valuation Corporate Finance Intangible Assets Appraisal 246

Musings on Markets

FEBRUARY 12, 2025

While accountants remain focused on balance sheets, with a fixation of bringing intangibles on to the balance and marking everything up to the market, much of the information that we need to assess the value of a business comes from income and cash flow statements.

Equity 74

Equity Start-ups Banking EBITDA 74

Global Finance

AUGUST 6, 2024

Daniel Labovitz, the former NYSE head of regulatory policy, is swapping the traditional stock market blues for a greener pasture. As the CEO of the Green Impact Exchange (GIX), he aims to introduce the first US stock market exclusively focused on the $50 trillion-plus global green economy. And it’s a global initiative, too.

Marketability 119

Marketability Total Shareholder Return Finance Corporate Finance 119

Benzinga

APRIL 7, 2025

DALLAS, April 07, 2025 (GLOBE NEWSWIRE) -- P10, Inc. NYSE: PX ) ("P10" or the "Company"), a leading private markets solutions provider, today announced it has completed its previously announced acquisition of Qualitas Equity Funds SGEIC, S.A.

Marketability 45

Marketability Equity Finance 45

Musings on Markets

MARCH 5, 2025

In my ninth (and last) data post for 2025, I look at cash returned by businesses across the world, looking at both the magnitude and the form of that return. I start with a framework for thinking about how much cash a business can return to its owners, and then argue that, in the real world, this decision is skewed by inertia and me-tooism.

Dividends 52

Dividends Start-ups Equity Corporate Finance 52

Global Finance

JUNE 9, 2025

Another innovation is CashPro Capital Markets Insights, which is the first integrated capital markets experience available in a treasury mobile app, offering access to investment-grade secondary bond pricing alongside treasury information. The post The Innovators 2025: North America appeared first on Global Finance Magazine.

Banking 59

Banking Treasury Finance Compliance 59

Global Finance

APRIL 5, 2025

Advisers enjoy an uptick in M&As and IPOs despite geopolitical uncertainty; whether 2025 maintains the energy remains to be seen. The global mergers and acquistions (M&A) market might not have fulfilled every dealmakers fantasy of a roaring comeback in 2024. IPOs, however, are enjoying a surge.

Banking 52

Banking Finance Dividends Equity 52

Global Finance

DECEMBER 6, 2024

Having a team of leading market researchers is crucial. They provide insights that help us understand market trends, client needs, and emerging opportunities. However, finding the proper market may also prove tricky. Rather than competing, were seeing more partnerships emerge, especially in the American market.

Banking 98

Banking Technology Finance Marketability 98

Global Finance

APRIL 5, 2025

Standard Chartered emerged as the top lender in infrastructure finance, focusing on both emerging markets and sustainable projects. Similarly, the proportion of private equity deals in the sector increasedfrom 14% of all deals in 2023 to 22% in 2024. billion) destined to support the creation of wind farms across the continent.

Banking 52

Banking Finance Equity Equity Financing 52

Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. In fact, the Nvidia earnings report on August 28 covered the second quarter of this fiscal year (which is Nvidia's 2025 fiscal year).

Marketability 135

Marketability Start-ups Discounted Cash Flow Market Capitalization 135

Scott Mashuda

FEBRUARY 18, 2025

Recently, REAG’s Founding Partner, Scott Mashuda , presented The Current M&A Market: 2024 Review & 2025 Look Ahead for EPI s Webinar Series: M&A Market Pulse 2025. Deal Activity & Valuations Deal momentum is building steadily, with early 2025 showing increased activity compared to Q4 2024.

Marketability 52

Marketability Equity Banking Business Valuation 52

Global Finance

APRIL 5, 2025

Debt markets were busy last year, but 2025 is off to a slow start as issuers take a wait-and-see approach. Debt capital markets enjoyed a 36% surge in total deal volume in 2024 compared to 2023, according to Dealogic. Japan was the only major market to decline, by 3%. of total global market share, as per Dealogic.

Banking 52

Banking Finance Start-ups Marketability 52

Global Finance

APRIL 5, 2025

Another sector that made a major jump is banking, which includes private equity. In the TMT sector, the UKs Competition and Markets Authority approved a $19 billion merger between telecommunication companies Vodafone UK and Three UK, creating a mobile network provider with more than 27 million customers. Lyndsey Zhang Healthcare: J.P.

Banking 52

Banking Finance Equity Marketability 52

Global Finance

DECEMBER 6, 2024

Through financial advice, many have seized opportunities in offshore investments, equity, money markets, and other savings and investment classes. This diversification is crucial given the volatility of emerging market currencies and the need to secure returns during uncertain times, Manokore said in an online posting by Standard Bank.

Banking 52

Banking Treasury Finance Marketability 52

Benzinga

DECEMBER 13, 2023

Click Here (on Society Pass website) to view the full Greenridge Equity Research Report. Valuation : Based on an EV/Revenue multiple of 3 times its 2025 Revenue estimate of $23 million and discounted back one year at 20%, Greenridge values TMG at $60 million.

Equity 84

Equity Marketability 84

Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Musings on Markets

JUNE 17, 2025

These ignored investment classes are what fall under the rubric of alternative investments, and while many of these choices have been with us for as long as we have had financial markets, they were accessible to only a small subset of investors for much of that period.

Alpha 75

Alpha Equity Marketability Start-ups 75

Global Finance

APRIL 5, 2025

After two muted years, 2024 didnt quite meet expectations; hopes for a busy 2025 are already wobbling. But as macroeconomic pressures began to ease, fresh geopolitical tensions and a looming global trade war emerged, threatening hopes for a 2025 rebound. AN Africa Absa Africa is becoming a high-value frontier market.

Banking 52

Banking Equity Enterprise Value Finance 52

Global Finance

JUNE 9, 2025

In 2025, Wenov is debuting an innovation program geared toward helping Attijariwafa’s African subsidiaries facilitate collaboration with startups on that continent. More recently, the lab launched its “beyondbanking” initiative, an effort to identify nonfinancial markets that OTP Group could penetrate.

Banking 52

Banking Technology Finance Compliance 52