Hedge Fund D1’s SpaceX Bet Fuels Its 39% Private Book Gain
D1 Capital Partners’ portfolio of private investments climbed 39% last year — powered by a bet on Elon Musk’s SpaceX, which nabbed an $800 billion valuation last month.
D1 Capital Partners’ portfolio of private investments climbed 39% last year — powered by a bet on Elon Musk’s SpaceX, which nabbed an $800 billion valuation last month.
EquipmentShare.com Inc. and Motive Technologies Inc. are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter, as a busy year for listings gets underway.
Bond traders all but wiped out their bets that the Federal Reserve would cut interest rates later this month after the unemployment rate for December fell more than expected. On "Bloomberg Real Yield", Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, and Blake Gwinn, head of US rates strategy at RBC Capital Markets, speaks with Scarlet Fu about the jobs report, Fed monetary policy and President Trump's mortgage bond announcement. (Source: Bloomberg)
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Goldman Sachs Asset Management Head of Multi Sector Fixed Income Investing Lindsay Rosner, RBC Capital Markets Head of US Rates Strategy Blake Gwinn, BNP Paribas Head of US Credit Strategy Meghan Robson, CreditSights Head of US IG and Macro Strategy Zachary Griffiths (Source: Bloomberg)
OnePay, the Walmart Inc.-backed fintech firm behind the “super app” that the world’s largest retailer is incorporating for customers, recently bought back shares from employees at a price that values the closely-held company at more than $4 billion, according to a person with knowledge of the matter.
Bankrupt auto-parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor Onset Financial for conspiring “to defraud creditors out of billions of dollars and property.”
"January is unambiguous, the Fed will not be cutting." Goldman Sachs Asset Management's Lindsay Rosner joins "Bloomberg Real Yield" to give her reaction to today's US jobs report that showed nonfarm payrolls increase by 50,000 last month after downward revisions to the prior two months. (Source: Bloomberg)
Wall Street brushed aside concerns about the Trump administration’s tariff regime to send US stocks to all-time highs in the first trading week of the new year. Bonds remained under pressure.
With his directive ordering Fannie Mae and Freddie Mac to buy $200 billion of mortgage bonds, President Donald Trump has opened a new front in the administration’s effort to bolster housing affordability.
Hillenbrand Inc.’s $1.8 billion leveraged loan buyout financing deal kicked off on Friday, joining the surge of M&A-related activity hitting the junk-rated debt market this year.