Bob Diamond's Atlas Merchant Plots Multi-Asset Continuation Fund
Bob Diamond's Atlas Merchant Capital is exploring transferring holdings from its debut fund into a continuation vehicle, according to people with knowledge of the matter.
New York-based Atlas Merchant Capital is discussing moving its investments in companies including European financial services firm Kepler Cheuvreux, broker-dealer South Street Securities and UK adviser Panmure Liberum, said the people, who asked not to be identified discussing private information. The effort is at an early stage and no final decisions have been made, one of the people cautioned.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
43 minutes ago
- Yahoo
London must ‘market its successes better' to avoid another Wise
Britain must emulate the success of Nasdaq and get better at trumpeting its business success stories if it wants to attract more companies to list in London, one of the UK's top fintech venture capital investors has said. Speaking to City AM the day that payments darling Wise revealed plans to ditch its primary listing for New York, Anthemis founder Amy Nauiokas said the London Stock Exchange (LSE) should try emulate the support promotion the US's tech-heavy bourse gives its new constituents. 'It's not brain surgery,' said Nauiokas, whose firm has been an early-stage backer of fintech success stories like Etoro, Zoopla and Tide. 'They [the LSE] need to promise UK entrepreneurs that there's a path here, and that they'll support them, build an ecosystem around them, and give the perks that the Nasdaq gives them.' London capital markets have been locked in a multi-year struggle to attract and retain some of its brightest companies. Since the start of 2024 alone, cherished listed firms like Darktrace, TUI and most DS Smith have all delisted or been taken private from the capital's stock market. And promising UK-headquartered scale-ups like Arm have opted to list in New York over London, with other darlings like Revolut and Klarna looking likely to follow suit. Departed firms have tended to cite London's stubbornly low valuations and lower liquidity relative to its US rivals, but Nauiokas argued that the lengths to which New York goes to promote and celebrate its new additions was just as important a factor. Commenting on the Nasdaq's custom of advertising its fresh listings in New York's Time Square, she said: 'Half the reason why people go there is so they get to see their their picture on 45th Street.' Her comments ring true with the rationale for ditching London given by Wise, which floated in the UK to great fanfare in 2021. Billionaire cofounder Kristo Kaarmannder said a US listing would help raise Wise's profile in the country as it joins the many London-based fintech giants looking to expand their services in the world's largest market. 'We believe the addition of a primary US listing would help us accelerate our mission and bring substantial strategic and capital market benefits to Wise and our owners,' he said in the firm's statement announcing its planned departure. Nauiokas, whose firm invests in start-ups in both the US and UK with offices in both New York and London, said she understood the Wise board's decision, adding that were she a secondary capital and pre-IPO dealmaker, she 'would probably say the best option right now was either a dual listing or a US-based IPO'. But despite the downbeat rhetoric surrounding the London Stock Exchange, she added that the ongoing political turmoil in America was something on which London – and Europe as a whole – should be poised to capitalise. 'It strikes me that all the opportunity is here [in London],' she said. 'This is a moment. A moment for investors to find great entrepreneurs and make money, but also a moment for regulatory navel gazing – government navel gazing – private partnership navel gazing – to say we could do something here. Let's do something.' Family offices and institutional money are increasingly looking to reduce the weighting of US assets in their portfolio in response to the capricious and unpredictable policy directives from the White House, Nauiokas said. Many ultra-rich families have re-weighted their portfolios from an '80/20 North America to Europe to now 50/50'. 'I'm super excited about the UK specifically. But it needs to take this moment of market geopolitical dislocation,' she said, adding: 'The LSE can do a much better job of reshaping its proposition, and the government needs to get rid of stamp duty on shares.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Fubo, DAZN Strike Multi-Year Integrated Partnership
Sports Streamers Will Reciprocally Distribute O&O Linear Channels in U.S.; Pay-Per-View and Other Collaborations Between Companies To Be Announced NEW YORK, June 03, 2025--(BUSINESS WIRE)--FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, and DAZN, the leading global sports entertainment platform, announced today a multi-year partnership in which both sports streaming companies will distribute their owned-and-operated linear channels, which include exclusive sports rights, on each other's U.S. platforms. Today's announcement kicks off the first phase of the integrated partnership, which will include additional collaborations in the future. Starting today, Fubo is home to DAZN's exclusive boxing and MMA events through the launch of a new linear channel, DAZN1, featuring DAZN's premium live fights and on-demand content. Available to the marketplace for the first time, Fubo customers can purchase DAZN1 as a stand-alone subscription or as an add-on to Fubo's virtual MVPD product. DAZN is launching Fubo Sports, Fubo's popular free ad-supported streaming TV (FAST) channel featuring 400 live sporting events annually as well as sports documentaries and movies. Launched by Fubo in 2019, Fubo Sports currently features exclusive UEFA soccer matches as well as live events from Bare Knuckle Fighting Championship (BKFC), Peak Fighting and Ultimate Strongman. Fubo Sports is available on Fubo, as well as nearly a dozen free streaming platforms. Select Fubo Sports programming is also available on the network's YouTube channel. Additionally, the partnership enables Fubo to offer its customers DAZN's live Pay-Per-View events. "Fubo and DAZN's partnership delivers more premium sports to fans, wherever they choose to watch," said David Gandler, co-founder and CEO of Fubo. "Adding DAZN's unmatched fight content enhances our sports entertainment lineup while offering customers greater flexibility. We're also excited to expand our FAST channel, Fubo Sports, through DAZN and explore further opportunities with Shay and his team." Shay Segev, DAZN Group CEO, said: "Our deal with Fubo enables DAZN to increase access to top-tier sports content for fans in the U.S. and Canada, as we continue to provide the ultimate sports entertainment experience. Fubo's viewers can now watch the world's leading fight talent compete in unmissable events as part of a new DAZN premium fight package. Meanwhile, the launch of Fubo Sports on the DAZN platform will be an exciting addition to our ever-expanding portfolio of premium sports content." About Fubo With a global mission to aggregate the best in TV, including premium sports, news and entertainment content, through a single app, FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO) aims to transcend the industry's current TV model. Ranked among The Americas' Fastest-Growing Companies 2025 by the Financial Times, the company operates Fubo in the U.S., Canada and Spain and Molotov in France. In the U.S., Fubo is a sports-first cable TV replacement product aggregating more than 400 live sports, news and entertainment networks and is the only live TV streaming platform with every English-language Nielsen-rated sports channel (source: Nielsen Total Viewers, 2024). Leveraging Fubo's proprietary data and technology platform optimized for live TV and sports viewership, subscribers can engage with the content they are watching through an intuitive and personalized streaming experience. Fubo has continuously pushed the boundaries of live TV streaming, and was the first virtual MVPD to launch 4K streaming, MultiView and personalized game alerts. Learn more at About DAZN DAZN, the home of European football, women's football, boxing and MMA, and the NFL in more than 200 markets, is creating the world's biggest sports entertainment platform. A leading sports streaming service in Italy, Spain, Germany, Austria, Switzerland, Belgium, France, Portugal, Japan, Taiwan, Canada, the U.S. and UK, its wide range of content covers top-flight football from the world's most popular competitions. DAZN's football rights include Bundesliga, English Premier League, J. League, LALIGA, Ligue 1, Serie A, and the UEFA Champions League, helping make DAZN the largest broadcaster of football in Europe. DAZN is the global home of women's football, featuring the UEFA Women's Champions League and top-tier domestic league and cup competitions. DAZN's platform features the biggest sports from around the world - Formula 1, NFL, NBA, MotoGP and the best in boxing and MMA. It is the only place for fans around the world to watch every NFL match outside North America. DAZN is building the ultimate sports entertainment service, where fans from across the globe can watch, read, bet, play, share, socialise, buy tickets and merchandise, all in one place, with one account, one wallet and on one app. For more information on DAZN, our products, people, and performance, visit Fubo Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements of FuboTV Inc. ("Fubo") that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy and plans, partnerships, sports programming and live events, and distribution. The words "could," "will," "plan," "intend," "anticipate," "approximate," "expect," "potential," "believe" or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Fubo makes due to a number of important factors, including but not limited to the following: our ability to achieve or maintain profitability; risks related to the transactions contemplated by our business combination agreement with The Walt Disney Company and Hulu, LLC; the long-term nature of our content commitments; our ability to renew our long-term content contracts on sufficiently favorable terms; our ability to attract and retain subscribers; obligations imposed on us through our agreements with certain distribution partners; our ability to license streaming content or other rights on acceptable terms; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to the difficulty in measuring key metrics related to our business; risks related to preparing and forecasting our financial results; risks related to the highly competitive nature of our industry; risks related to our technology, as well as cybersecurity and data privacy-related risks; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 filed with the Securities and Exchange Commission ("SEC") and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent Fubo's views as of the date of this press release. Fubo anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing Fubo's views as of any date subsequent to the date of this press release. View source version on Contacts Investor Contacts Ameet Padte, Fuboameet@ JCIR for Fuboir@ Media Contacts Jennifer L. Press, Fubojpress@ Bianca Illion, Fubobillion@ Stacey Richman, Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Jim Cramer Says 'We're Not Going to Recommend' Lincoln National (LNC)
We recently published a list of . In this article, we are going to take a look at where Lincoln National Corporation (NYSE:LNC) stands against other stocks that Jim Cramer discusses. When a caller asked Cramer about Lincoln National Corporation (NYSE:LNC) during the lightning round, he remarked: 'Well…. You cut me to the quick, you got my accent, and then you, you drill me with Lincoln… No, we're not going to recommend that stuff. We're going to go, we're going to buy Chubb. Then I don't have to worry about how badly I pronounce it. Chubb is the one you want.' An insurance executive conferring with clients in a modern office, discussing policies. Lincoln National (NYSE:LNC) provides a range of insurance and retirement products, including life insurance, annuities, group benefits, and retirement plans. On May 8, the company posted a first-quarter net loss of $756 million, or $4.41 per share. The difference was mainly due to a $0.9 billion after-tax loss tied to market risk changes from falling interest rates and lower equity markets. Overall, LNC ranks 10th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of LNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
