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Bloomberg

Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals

Erik Hirsch, Co-CEO at Hamilton Lane, discussed the firm's recent $3.8 billion fundraise aimed at co-investing alongside private equity in mid-market companies. Hirsch emphasized the focus on smaller and mid-sized firms that are typically too small to pursue public offerings, highlighting that significant returns in private markets often come from these less visible segments. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Leia mais: Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals
Bloomberg

Business Development Companies Face Pressure but Not All Are Impacted Equally

Shares of business development companies (BDCs) have experienced significant pressure in the first half of the year, with Bloomberg Intelligence data showing a median return decline of about 7%, marking the weakest performance since 2022. Randy Schummer, Vice Chair and Chief Investment Strategist at Churchill Asset Management, addressed these concerns on the program, emphasizing that not all BDCs should be viewed the same way. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Leia mais: Business Development Companies Face Pressure but Not All Are Impacted Equally
Bloomberg

Broadcom, Apple Extend Chips Partnership to 2031

Bloomberg's Mark Gurman said that despite ups and downs for Apple and Broadcom's partnership to build out AI servers is expected to last for multiple generations of Apple products. Gurman said that relationship is mutually beneficial as Apple needed Broadcom to help build out the technology and Apple remains Broadcom's biggest growth driver and revenue source.

Leia mais: Broadcom, Apple Extend Chips Partnership to 2031
Bloomberg

High AI Capex Demand a 'Multi-Year' Cycle, Says Rudina Seseri

Rudina Seseri, founder and managing partner at Glasswing Ventures, said that she is seeing strong overall demand for AI infrastructure and doesn't see AI capex falling as companies turn toward becoming vertically integrated players in the AI business. Seseri, who was joined by Bloomberg's Ed Ludlow, said that she sees future demand lying in more specialized data sets for industries rather than wide ranging data.

Leia mais: High AI Capex Demand a 'Multi-Year' Cycle, Says Rudina Seseri