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NFL Hall of Famer Steve Young's PE Firm Collects $3.2 Billion for Fifth Fund

HGGC, the private equity firm led by Hall of Fame quarterback Steve Young, raised $3.2 billion for its fifth fund, exceeding its initial target amid a global scramble for dollars from skeptical investors. Young and co-founder Rich Lawson spoke to Bloomberg's Jason Kelly about the firm's new commitments from a range of pensions, endowments, family offices and sovereign funds.

Read more: NFL Hall of Famer Steve Young's PE Firm Collects $3.2 Billion for Fifth Fund
Bloomberg

Booking CEO Glenn Fogel on AI Disruption

Booking Holdings, the company behind Priceline and OpenTable, reported a strong quarter and announced a stock split. But shares came under pressure as investors weighed the threat of AI disruption. Chief Executive Officer Glenn Fogel joined Bloomberg Open Interest to explain how he is positioning the company to compete in the AI era and where he still sees momentum in global travel.

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Bloomberg

Gold Rally Toward 5,000 Dollars Puts Focus on Producers

Gold prices climbing to $5,000 and above, with traders focused on the Fed's next move and ongoing geopolitical uncertainty. This renewed strength in the precious metal underscores the growing appeal of gold producers.  Neil Woodyer, Chair and CEO of Aris Mining joined Bloomberg Interest to talk about the miner's expansion plans.

Read more: Gold Rally Toward 5,000 Dollars Puts Focus on Producers