Vinci Compass (VINP), a South American investment manager, was downgraded to Hold due to declining earnings quality and shrinking core private equity operations. The reported improvement in fee-related earnings (FRE) margin is mainly due to the acquisition of Verde and not organic growth, with the underlying margin closer to 33%. Private equity assets under management and management fees are falling, with no new capital raised and significant capital returned over the past year. Additionally, liquidity is decreasing as cash is tied up in proprietary funds, increasing reliance on future illiquid returns, raising concerns about the company's financial health going forward.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Cardano has introduced native support for BLS12-381 elliptic curve cryptography in its Plutus smart contracts, enabling the verification of thousands of signatures on-chain at a low and predictable cost. This technology compresses multiple signatures...
