A major private equity transaction in India’s lending sector has stalled, with the regulator and the investor seemingly at odds over structure. The Reserve Bank of India (RBI) has reportedly raised objections to Bain Capital’s plan to acquire a controlling stake in gold loan major Manappuram Finance, citing concerns over the firm’s existing ownership of...
As the US prepares to roll back sanctions and market Venezuelan oil, the scramble for financial infrastructure is beginning. JPMorgan Chase is emerging as the frontrunner to lead the country’s financial re-entry, leveraging a dormant Caracas office and deep historical ties. 🗝️ THE JPM ADVANTAGE: ⚔️ THE COMPETITIVE LANDSCAPE: 🚧 THE REALITY CHECK: This is...
The race for Artificial General Intelligence (AGI) is no longer just about chips—it’s about electrons. OpenAI and SoftBank announced a joint $1 billion investment ($500M each) into SB Energy to accelerate the buildout of power and data center infrastructure for the massive Stargate initiative. 🏗️ THE PROJECT SPECS: 🌌 THE “STARGATE” CONTEXT: This investment is...
The mood in San Francisco is shifting from “Caution” to “Consolidation.” As the 43rd Annual J.P. Morgan Healthcare Conference begins, bankers and lawyers report that the M&A playbook is being rewritten for 2026, with sights set on deals eclipsing the $30 billion mark. 🚀 THE CATALYSTS FOR 2026: 💊 THE BATTLEGROUNDS: ⚖️ THE SKEPTIC’S VIEW:...
The final numbers for 2025 are in, and for the top tier of multi-manager and macro funds, it was a year for the history books. Fueled by an AI-powered equity rally and “whiplash” volatility from the Trump administration’s trade policies, the industry average hit 16%—double the return of the previous year. 📊 THE LEADERBOARD (Net...
The White House summit on Venezuela just redrew the energy map for 2026. In a historic meeting with President Trump following the removal of Nicolas Maduro, the CEOs of ExxonMobil and Chevron laid out starkly different roadmaps for Venezuelan oil recovery. 🚀 CHEVRON: The “First Mover” As the only US major currently operating in the...