Gloo Holdings (GLOO) made its Nasdaq debut this week, drawing fresh attention to faith-based investing — a niche but fast-growing segment where investors back companies aligned with their religious values. Demand has been rising since Donald Trump returned to the White House, with many conservative investors seeking portfolios that reflect their beliefs. According to Brightlight,...
A surge in AI-driven borrowing and mounting strains in private credit are prompting major global investors to pull back from investment-grade (IG) corporate bonds, raising the risk of higher funding costs and pressure on corporate earnings. Global markets have sold off 2.7% this month, as concerns grow about AI overinvestment, delayed U.S. economic data, and...
KKR is aiming to raise $15 billion for its fifth Asia private equity fund, sources told Reuters — positioning it to become one of the largest PE fundraisings ever in Asia. The firm began marketing the vehicle to investors this week, and the final fund size could exceed the target depending on demand. The strategy...
Moderna has secured a $1.5 billion, five-year loan from Ares Management as it aims for up to 10% revenue growth in 2026, the company said Thursday. Moderna will draw $600M upfront, with optional access to $400M through Nov 2027 and $500M through Nov 2028. President Stephen Hoge told Reuters the financing provides flexibility for business...
Artisan Partners is pushing back hard against Axalta Coating Systems’ plan to merge with AkzoNobel in an all-stock deal creating a $25 billion paint industry giant. In a letter to shareholders, fund managers Daniel O’Keefe and Michael McKinnon wrote: “The only proper response to this proposed transaction is an absolute and resounding ‘NO.’” They added...
The Financial Stability Board (FSB) has warned G20 leaders that the rapid growth of private credit markets and stablecoins now requires intensified global oversight, ahead of next week’s summit in South Africa. In a letter published Thursday, FSB Chair Andrew Bailey urged leaders to “modernise and strengthen” financial regulation without compromising stability. He highlighted the...