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Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says

By Isla Binnie and Manya Saini NEW YORK, April 30 (Reuters) - Blue Owl sold about half its investment in SpaceX at a $1.25 trillion valuation, the alternative asset manager's co-CEO Marc Lipschultz said on Thursday.
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Blue Owl's profit beats on higher fee-related earnings, AUM reaches $315 billion

Blue Owl's profit beats on higher fee-related earnings, AUM reaches $315 billion

By Isla Binnie and Manya Saini April 30 (Reuters) - Alternative asset manager Blue Owl beat Wall Street estimates for first-quarter profit on Thursday, driven by higher fee-related earnings and growth in assets under management.
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S&P Dow Jones Indices considers new index rules as mega IPOs loom

S&P Dow Jones Indices considers new index rules as mega IPOs loom

April 30 (Reuters) - S&P Dow Jones Indices said on Thursday it has kicked off a consultation that could result in major changes to rules governing the entry of companies into its indexes such as the S&P ​500.
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Exclusive-Only Elon Musk can fire Elon Musk from SpaceX, filing shows

Exclusive-Only Elon Musk can fire Elon Musk from SpaceX, filing shows

By Echo Wang and Isla Binnie NEW YORK, April 29 (Reuters) - SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the billionaire founder's consent, according to an excerpt of its IPO filing reviewed by Reuters.
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Tech Sector Expected to Outperform S 500 Amidst Economic Uncertainty

Tech Sector Expected to Outperform S 500 Amidst Economic Uncertainty

Tech Sector Expected to Outperform S 500 Amidst Economic Uncertainty
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Pershing Square IPO Opens Below Target Price, Raising $5 Billion

Pershing Square IPO Opens Below Target Price, Raising $5 Billion

Pershing Square IPO Opens Below Target Price, Raising $5 Billion
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Anthropic Investors Face High Demand Amid Stock Frenzy

Anthropic Investors Face High Demand Amid Stock Frenzy

Anthropic Investors Face High Demand Amid Stock Frenzy
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Blue Owl's Strategy Amid AI-Induced Software Market Concerns

Blue Owl's Strategy Amid AI-Induced Software Market Concerns

Blue Owl's Strategy Amid AI-Induced Software Market Concerns
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Bill Ackman's Pershing Square IPO expected to raise $5 billion, sources say

Bill Ackman's Pershing Square IPO expected to raise $5 billion, sources say

By Svea Herbst-Bayliss April 27 (Reuters) - Billionaire hedge fund manager Bill Ackman is expected to raise $5 billion for his new closed-end fund that is part of a combined initial public offering of the alternative asset management company, sources told Reuters on Monday, making it one of the
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Bill Ackman's Pershing Square raises $5 billion for new US fund

Bill Ackman's Pershing Square raises $5 billion for new US fund

April 28 (Reuters) - Bill Ackman's Pershing Square has raised $5 billion for its new closed-end ‌fund that is part of a combined U.S. initial public offering of the alternative asset management company, the firm said on Tuesday.
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Jim Cramer Warns of Potential Market Disruption from Upcoming IPO Wave

Jim Cramer Warns of Potential Market Disruption from Upcoming IPO Wave

Jim Cramer Warns of Potential Market Disruption from Upcoming IPO Wave
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Jim Cramer Warns of Potential Market Impact from Upcoming IPOs

Jim Cramer Warns of Potential Market Impact from Upcoming IPOs

Jim Cramer Warns of Potential Market Impact from Upcoming IPOs