Strong Buyout Fund Returns Drive Private Equity Stocks Higher

Over the past decade, as private equity firms like Blackstone, KKR and Carlyle Group have grown into a gargantuan size and raised buyout funds nearing or eclipsing $20 billion, one critique of their cash gusher was that it would inevitably drive fund returns lower. Now, as the U.S. economy emerges from the Coronavirus pandemic and […]

Only 24% of Crypto Investors Faithful to Bitcoin, Altcoin Trading Rising

According to a report just out by Coinbase’s “Around the Block” blog, only a small proportion of new crypto investors stick to Bitcoin exclusively. The majority, 76%, eventually branching out into altcoin investment. Bitcoin apparently acts as something of a “gateway drug” according to Coinbase’s assessments, leading investors slowly into adjacent investments. Fully 60% of […]