Topgolf, the popular golf‑themed entertainment chain, has started cutting jobs across the country after being bought by a private‑equity group. The company’s three Alabama sites in Huntsville, Birmingham and Mobile have all felt the impact, with reports that about five workers were let go at each lo
OKX is set to roll out a new type of trading product that lets people bet on the value of some of the world’s biggest private tech companies. The contracts will track how much these firms are worth on secondary markets, but they won’t give anyone real ownership or voting rights. Instead, trade
Many workers rely on retirement plans to save for the future, but these accounts often leave them overwhelmed by complicated investment options. A recent proposal aims to change that, pushing to let people invest in private equity, private credit, and even cryptocurrency through their retirement fun
Investors looking to cash in on AI’s rise often face a tough choice: buy early-stage startups at sky-high prices or wait for a safer public stock to climb. One fund, BlackRock’s Science and Technology Term Trust, offers a middle path. It holds a mix of fast-growing tech names—including a tiny slice
Employers might soon get legal shelter to add risky bets like cryptocurrency and private equity funds to your retirement account. The push comes from top officials claiming new rules will free workers from old red tape that supposedly blocks "innovation. " But scratch the surface and you find a diff
Hologic’s stock hit a year-high of $76. 07 recently, but the real story isn’t just the price—it’s the $18. 3 billion takeover by Blackstone and TPG that’s about to make the company private. The deal, expected to close by April 7, leaves investors with a simple choice: stick around for a possible bon
In 2011 a woman whose late husband once worked alongside Bernie Madoff set up a charity called Freedom Together. She’s still in charge, drawing a small paycheck while the foundation’s accounts swell with seven-figure donations every year. That steady flow of cash makes you wonder who really benefits
A private‑equity group is weighing the idea of selling a Texas‑based auto loan company that helps people buy cars on credit. The buyer could pay between $2. 5 billion and $3 billion, sources say. The company was bought by the group in 2021 from another major investor for an undisclosed sum. It wo
Triton Partners, a big name in European investments, just raised a huge amount of money. They got €5. 5 billion for their new big fund. That's a lot of cash! This is a big deal because not long ago, they had some issues. People were talking about their work culture, and it was hard for them to get n
College sports are getting a financial boost from an unexpected source: private equity. The University of Utah has just made history by teaming up with a private equity firm to support its athletics programs. This deal is a big shift from the usual way things are done. The university has set up a fo
