
PE Firm Aurelius Is Said to Raise Over €800 Million for New Fund
Private equity firm Aurelius has raised more than €800 million ($922 million) for its new flagship fund that targets mid-market investments in Europe and North America, according to people familiar with the matter.
Aurelius Opportunities Fund V was oversubscribed with the fundraising completed in five months, the people said, defying the challenges that some other buyout firms face in raising new funds as dealmaking has slowed significantly. Its size is bigger than its predecessor fund, which raised €540 million in 2021.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Why Berkshire Hathaway B (BRK.B) Dipped More Than Broader Market Today
Berkshire Hathaway B (BRK.B) closed the most recent trading day at $483.48, moving -1.38% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.84%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq depreciated by 0.91%. The stock of company has fallen by 4.68% in the past month, leading the Finance sector's loss of 0% and undershooting the S&P 500's gain of 1.44%. Analysts and investors alike will be keeping a close eye on the performance of Berkshire Hathaway B in its upcoming earnings disclosure. On that day, Berkshire Hathaway B is projected to report earnings of $5.24 per share, which would represent a year-over-year decline of 2.6%. Simultaneously, our latest consensus estimate expects the revenue to be $98.5 billion, showing a 5.18% escalation compared to the year-ago quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $20.53 per share and revenue of $403.3 billion, indicating changes of -6.68% and +8.58%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for Berkshire Hathaway B. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.23% higher. Berkshire Hathaway B is holding a Zacks Rank of #3 (Hold) right now. In terms of valuation, Berkshire Hathaway B is currently trading at a Forward P/E ratio of 23.88. This indicates a premium in contrast to its industry's Forward P/E of 11.7. Also, we should mention that BRK.B has a PEG ratio of 3.41. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. BRK.B's industry had an average PEG ratio of 2.74 as of yesterday's close. The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 54, which puts it in the top 22% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
15 minutes ago
- Yahoo
Kinsale Capital Group, Inc. (KNSL) Suffers a Larger Drop Than the General Market: Key Insights
Kinsale Capital Group, Inc. (KNSL) closed the most recent trading day at $464.51, moving -1.27% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.84%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq decreased by 0.91%. The company's stock has climbed by 1.5% in the past month, exceeding the Finance sector's loss of 0% and the S&P 500's gain of 1.44%. The investment community will be closely monitoring the performance of Kinsale Capital Group, Inc. in its forthcoming earnings report. In that report, analysts expect Kinsale Capital Group, Inc. to post earnings of $4.36 per share. This would mark year-over-year growth of 16.27%. In the meantime, our current consensus estimate forecasts the revenue to be $432.2 million, indicating a 12.39% growth compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $17.67 per share and revenue of $1.75 billion, indicating changes of +10.02% and +10.27%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for Kinsale Capital Group, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Kinsale Capital Group, Inc. presently features a Zacks Rank of #3 (Hold). Digging into valuation, Kinsale Capital Group, Inc. currently has a Forward P/E ratio of 26.62. This represents a premium compared to its industry average Forward P/E of 11.7. Investors should also note that KNSL has a PEG ratio of 1.77 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Insurance - Property and Casualty was holding an average PEG ratio of 2.74 at yesterday's closing price. The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 54, putting it in the top 22% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kinsale Capital Group, Inc. (KNSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
15 minutes ago
- Yahoo
Luminar Technologies, Inc. (LAZR) Suffers a Larger Drop Than the General Market: Key Insights
Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $2.89, moving -3.18% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.84% for the day. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq lost 0.91%. Coming into today, shares of the company had lost 36.76% in the past month. In that same time, the Auto-Tires-Trucks sector gained 0%, while the S&P 500 gained 1.44%. Market participants will be closely following the financial results of Luminar Technologies, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$1.19, marking a 55.93% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $16.72 million, indicating a 1.64% growth compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$4.29 per share and a revenue of $86.64 million, representing changes of +53.57% and +14.91%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Luminar Technologies, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Luminar Technologies, Inc. is holding a Zacks Rank of #2 (Buy) right now. The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 93, finds itself in the top 38% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Luminar Technologies, Inc. (LAZR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Effettua l'accesso per consultare il tuo portafoglio