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IPL Auction 2025: Shreyas Iyer's first reaction after Punjab Kings shell out ₹26.75 crore for champion skipper | WatchBuyout firms are frantically seeking the nearest exits, and stock exchanges have become an impractical egress. The situation gives investors of all shapes and sizes two important things to consider for 2025: Private equity will benefit only marginally from any rebound in initial public offerings, while the premium on creative finance will keep growing. For years, the industry sold or listed portfolio companies, returning the proceeds to pension funds and other backers, which then reinvested in new private equity funds. The money-go-round slowed considerably when interest rates rose. Buyout shops worldwide called $130 billion more from their investors than they returned to them between 2022 and early 2024, according to the latest data available from research outfit Preqin. It’s an unsustainable situation, as many firms are planning to pass the cap for new funds over the next two years. When consultancy EY surveyed so-called general partners about how much pressure they were getting from investors over distributions, more than half put it at the higher end of the scale. A staggering accumulation of assets makes the math ever more challenging. At this week’s Reuters NEXT conference, Warburg Pincus boss Jeff Perlman noted that private equity owns about 5 times as many companies as it did five or six years ago, while the number sold annually is roughly unchanged. He further suggested that investor enthusiasm for Big Tech makes it harder to get attention for sizeable businesses in other industries that used to be attractive IPO candidates. The value of buyout-backed market debuts last year was 80% below the five-year average, consulting firm Bain found. This slump amplifies other inherent problems. Fund managers are often wary of private-equity-related IPOs, partly because they know buyout firms will offload more blocks of shares over time. The drip-feed of capital derived from IPOs makes them even less appealing for private equity owners than a straightforward cash sale, like the $13 billion one GTCR struck this week with insurance broker Arthur J. Gallagher AJG.N. Buyout barons therefore need other inventive ways to generate liquidity. One increasingly popular option is single-asset continuation vehicles, where a firm sells an existing investment held by a fund to a new standalone entity of its own or one established by a peer. Such deals jumped 80% in volume during the first three quarters of 2024 from the same span a year earlier, with the $25 billion estimated by advisory boutique PJT Partners eclipsing industry-related IPOs. Swedish buyout firm EQT EQTAB.ST devised a clever way to monetize Nord Anglia Education, bringing in new backers to help it reinvest in the UK-based schools operator at a nearly $15 billion valuation. Such wheeling and dealing helps solve today’s capital conundrum, but creates a new predicament for tomorrow. Parcels can be passed only so long, leaving private equity to keep puzzling its way out of an escape room. Source: (Reuters Breakingviews) Editing by Peter Thal Larsen and Pranav Kiran
Karad (Maharashtra): NCP (SP) chief Sharad Pawar on Sunday said the Ladki Bahin scheme , women's participation in voting in large numbers, and religious polarisation may have played a role in Mahayuti's victory in Maharashtra assembly polls . He said the election results, declared on Saturday, are not on the expected lines but he would revitalise the party. Responding to a query on his retirement from active politics, Pawar tersely said he and his party colleagues will decide. Speaking to reporters in Karad city in Satara district, Pawar acknowledged that the NCP led by his nephew and Deputy CM Ajit Pawar secured more seats than the NCP (Sharadchandra Pawar), adding "Everyone knows who founded the NCP". "The Ladki Bahin scheme and religious polarisation played a role. Women's participation in large numbers could be the reason for the Mahayuti sweep in Maharashtra. We will study the reasons for the debacle and take necessary steps," he said. Pawar asserted that the NCP (SP) would go to people by re-energising the new leadership. 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Pawar suffered the worst-ever defeat in his political career in Maharashtra polls with the NCP faction led by him winning only 10 seats in the 288-member House, while the Ajit Pawar-led NCP bagged 41. The Mahayuti scored a massive victory with the BJP winning 132 seats, Shiv Sena led by Shinde 57, and NCP 41. In contrast, the opposition Maha Vikas Aghadi was restricted to 46 seats. Pawar said the poll outcome he had witnessed in his public life was unprecedented. "The MVA coalition put in a lot of hard work but the desired results were not achieved even though people responded positively to MVA during campaigning," the NCP (SP) chief added. He said the MVA was more confident after achieving success in Lok Sabha elections, adding that more work needs to be done. When asked if he was jolted by the poll outcome, Pawar said, "The poll results were declared yesterday. Today I am in Karad. Those who were demoralised would have sat at home". He also said fielding his grandnephew Yugendra Pawar against Ajit Pawar on the home turf of Baramati wasn't a wrong decision as someone had to contest the elections. Ajit Pawar defeated Yugendra by a margin of over 1 lakh votes to win the eighth term in Baramati. "Ajit Pawar and Yugendra Pawar cannot be compared. We were aware of this fact," Sharad Pawar added. (You can now subscribe to our Economic Times WhatsApp channel )
Artificial Intelligence (AI) has been making waves in various industries, with the advent of big models leading the forefront of innovation and development. As we approach the dawn of a new era, it seems that the AI landscape is set to undergo a transformative period of big model shuffle, where changes in the market are expected to usher in a phase of rationality and stability.
Additionally, Taobao Global's seamless logistics and payment solutions have played a crucial role in driving its growth. With efficient shipping and delivery options, as well as secure payment methods, Taobao Global has been able to provide a smooth and reliable shopping experience for customers around the world, further enhancing its appeal as a global e-commerce platform.In recent developments, Syria has once again become a battleground as multiple areas in the country have been targeted by airstrikes. The situation escalated further as Israel launched attacks on various military targets in Syria, raising tensions in the already volatile region.The decision to dissolve the fan group was met with mixed reactions from Takeshi's supporters, with some expressing disappointment and confusion over her choice. However, Takeshi remained steadfast in her decision, emphasizing the need for a safe and respectful online community for all individuals, regardless of their backgrounds or beliefs.A Washington, D.C., bartender compared Republican customers to Democratic ones, and the differences are hilarious and almost too good to be true. Although the bartender, a Kamala Harris voter, lamented incoming Trump officials for their politics, he admitted they are better for business than Democrats. “I think my tip average from Republicans — at least ones that I or a coworker has recognized — is close to 30 percent. With Dems, I’m surprised if it’s over 20,” a bartender who has worked in various restaurants and bars throughout the city told the Washingtonian. Of course ... of course . Why am I not surprised that conservatives, supposedly heartless, tip better than the morally superior liberals? The bartender also said that Republicans are low-maintenance compared to Democratic customers. While Republicans order a drink without frills, such as bourbon or wine, Democrats are more likely to make a special request or ask for a substitution. As is typical, the latter group thinks the world revolves around them. (RELATED: High Number Of Liberal Men Admit What We Knew All Along) Could you imagine a persnickety, self-important liberal ordering a $20 cocktail at a swampy networking event? Shoot me now, please. “Um, hi . Could I get a double chocolate cinnamon espresso martini? But could you substitute the chocolate with dark chocolate, and add maybe just, like, use a quarter teaspoon of cinnamon? And could you also add a splash of ethically sourced organic oat milk and go light on the liqueur? Thanks .” I understand this bartender’s (slight) frustration with liberal customers, who many, in all likelihood, never once worked in the service industry. If you work in the service industry, as a waiter or behind the bar, for any period, a week, a year, you come to appreciate people who make your life easier. Customers who are patient, know what they want, and never nitpick, especially when it’s slammed. For a summer in college, I worked at a bakery in southern California. Given the fact the bakery was located in a ritzy enclave by the ocean, it’s safe to say the vast majority of the customers were registered Democrats. One Saturday morning, a man fresh off his weekend cycle — he had pulled up to the restaurant in his 7,000 dollar bike and was still wearing his obscenely tight, aerodynamic spandex outfit — ordered a Croque Madame. He also ordered an extra side of potatoes, and I was happy for him. He looked less like a weekend warrior cyclist and more like a Kenyan marathon runner, so he needed the extra calories. When I brought the food over to him not 30 minutes later, his mood soured a bit. He was giving the over-easy eggs a close inspection, really getting his nose in there. Something displeased him, I could immediately tell. And I kid you not, the man pointed to a very specific spot on one of the eggs — no, not the whole egg, a sliver the size of a dime — and said, “This looks a little runny here and undercooked. Would you mind asking the chef to cook it a bit longer?” I had to make a conscious effort to keep my jaw from dropping. I also added a long pause before responding to subtly indicate I was indeed shocked by his unhinged neuroticism. “Sure thing,” I said. “And make sure they didn’t cook it too long. Just have them put it on for 30 seconds, if that.” “Okay, no problem. I’ll let them know.” It was a problem, an annoying one at that. Tell me, sir, how do you ask the Hispanic cook who’s slammed and does not speak a lick of English to put the huevo on the grill for 30 seconds? I sure as hell have no clue. In the end, I did not ask the Hispanic cook. Not in English, and certainly not in Spanish. I brought the plate into the kitchen, awkwardly stood in the corner for a couple of minutes, checked my phone, and took the food back to the man’s table. “Here you go!” “ Ah , fantastic. Thank you so much. Could I also get some extra napkins?” They say the customer is always right. This is true, unless they ask you to cook a cooked egg for another 30 seconds. In that case, they’re wrong. Liberals, man. Did you enjoy this post? Consider checking out John’s full weekly newsletter, Mr. Right, available here: MrRight.DailyCaller.com
NonePreview: Liverpool Women vs. Arsenal Women - prediction, team news, lineupsRipple’s XRP has always been a cryptocurrency staple and, as such, investors and analysts have been watching Ripple news very closely. With the pair at $2.30 and many expecting it to hit the much anticipated $5 in the near future. However, a new contender has literally crossed the scene of the new contender, Rexas Finance (RXS) which is not only gaining traction but is already ready to provide a much higher ROI than XRP ,10x ROI. XRP Set for Bullish Surge: Could Reach $5 by January 2025 Amid Legal Victory and Institutional Adoption! XRP Ripple is making a comeback as positive sentiment around ongoing legal battles and increased institutional adoption continues to support its resurgence. As we enter the last month of the year, analysts predict that XRP could consolidate around the price that it already is at for a few weeks before making a big move up. According to the current sentiment, XRP could manage to hit its all-time high of $5 by late January 2025, as it did during its past bull runs in 2017. fyi, if $XRP does still continue to follow 2017, we likely continue to consolidate for another 2 weeks until Christmas time then, we make our face melting move up for about a month until late January pic.twitter.com/E9MH8ljNXG With strong support levels on the charts and bullish patterns forming, technical analysis is bolstering the bullish predictions for XRP. If XRP can keep the momentum and close above important resistance levels, it could experience rapid price appreciation over the next few months, according to many market observers. XRP's track record as a useful tool for cross-border payments and partnerships with different industries is further fuelling this optimism. Rexas Finance (RXS): The $0.150 Token Revolutionizing Asset Tokenization with $28 Million Raised in Presale! XRP receives massive attention but Rexas Finance (RXS) is starting to make its name heard in the cryptocurrency world. Available at just $0.150 during its presale, RXS aims to bring real-world (RWA) tokenization to play, where users would be able to tokenize and trade real estate, art, and commodities. Given that, RXS is a game changer in the crypto space, an attractive proposition for investors who want to dig into the unique value propositions. The RXS presale has been off the hook, raising over $28 million with massive investor confidence. Demand is surging while there is just a small chunk of remaining tokens before the price increases to $0.175. RXS’ success at the presale shows a growing community of retail and institutional investor support for an asset that aims to bridge the gap between traditional assets and blockchain technology. Rexas Finance (RXS): The 'XRP Killer' Set for Explosive Growth with 1000%-10,000% Potential! All of this is starting to get people calling RXS an 'XRP killer,' which is in large part thanks to RXS’s focus on real-world applications that are broader in scope than what you might find in your typical cryptocurrency. Whereas most other cryptocurrencies are solely dependent on speculative trading, RXS offers a true utility with tokenizing assets, allowing users to have fractional ownership of physical assets. Due to this unique positioning, it not only appeals better but has the potential to be adopted in many industries. Based on current trends and investor interest, market analysts foresee RXS returns as both 1000% and 10,000%. Moreover, the token's potential for explosive growth is supported by the influx of capital from whales (large investors that are accumulating RXS at an increased rate). The more investors realize the benefits of RXS over XRP, the better RXS’ chances are to beat its competitors. Rexas Finance’s community is growing very fast and there are a lot of opportunities for growth and innovation. Any cryptocurrency’s success is strongly tied to the engagement from the community and it fuels demand as well as raises visibility within the market. Being listed on major platforms such as CoinMarketCap and CoinGecko, as well as having been through rigorous audits from Certik has given RXS the sort of credibility that can bring in more investors. Things are changing for the crypto community and now they are looking for projects that provide real-world solutions instead of mere speculative investment. This trend makes RXS' RWA focus a perfect match and a great opportunity for people interested in diversifying their portfolios while waiting for big returns. XRP vs. Rexas Finance (RXS): Two Game-Changing Tokens Set to Transform the Crypto Market in 2025! As we cast our gaze into the future in 2025 and beyond, XRP and RXS are both excellent investments. XRP already has a presence in the market, which assures investors to invest in stable situations and RXS has the innovative approach to make the investment in a unique manner through their asset tokenization model. The diversification of investors' holdings between these two tokens might maximize the gains while lowering any risk of market fluctuations. Investors can capitalize on RXS’s new technology in RWAs and XRP’s proven track record to place themselves in a growing cryptocurrency space. As key milestones heading towards 2025 approach, the cryptocurrency market is about to change a lot. XRP is a staple investment for many as analysts call for XRP to reach $5 as bullish trends continue. But there is one called Rexas Finance (RXS) that does just that; focusing on real-world asset tokenization. Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
One of the most contentious points of discussion has been the inclusion of Manchester City players in the Best XI, with a total of four players from the English club making the cut. While Manchester City had a successful season, winning both the Premier League and the Carabao Cup, some critics argue that there may have been other players more deserving of a spot in the lineup. The dominance of Manchester City players in the Best XI has led to accusations of bias and favoritism, stirring up debate across social media platforms and football forums.Moreover, Lazio's recent form and momentum have been impressive, with the team stringing together a series of positive results in both the league and Europe. Their confidence and belief in their abilities have translated into strong performances on the pitch, making them a formidable force to reckon with.
The United Nations and other international organizations have also weighed in on the situation, calling for restraint and urging all parties to respect international law and avoid actions that could lead to further violence. The escalating tensions in Syria highlight the broader challenges facing the region and the need for a comprehensive and coordinated approach to addressing security concerns.
Why was martial law declared in South Korea on December 3? What happens next for President Yoon Suk Yeol as he faces impeachment? What does this mean for South Korea and its relations with the U.S., China, Japan and the world? Joining Mark Lippert and Victor Cha to discuss this and more are Michelle Ye Hee Lee from the Washington Post and Sydney Seiler from CSIS. Michelle Ye Hee Lee is The Washington Post's Tokyo bureau chief, reporting on Japan and the Korean Peninsula. Previously, she covered money and influence in politics and voting access on the national political enterprise and accountability team and was a reporter for The Post's Fact Checker. Prior to joining The Post in 2014, she was a government accountability reporter at the Arizona Republic in Phoenix. Sydney Seiler was the national intelligence officer for North Korea at the National Intelligence Council from 2020 to 2023 and is one of the nation’s top experts on North Korea. He has three decades of experience watching North Korea and 12 years of serving in South Korea. The Capital Cable is made possible through general support to CSIS.
Teaching courses have surged in popularity among students awaiting a university offer but society, culture and health remain Victoria’s most popular study choices. A record 47,500 year 12 graduates will receive first-round offers by Victorian universities, TAFE institutes and independent tertiary colleges on Monday – nearly 4600 more than last year, with further offers to follow in January and February. Methodist Ladies’ College graduate Kate Zhang is waiting on a commerce offer. Credit: Luis Enrique Ascui There will be more than 1500 offers made for teaching courses, up by more than 3 per cent on last year to 4.3 per cent of all the offers made on Monday. The fastest growing area of study is management and commerce, comprising 16.5 per cent of Monday’s offers while health-related courses, which includes nursing and biomedical science, remain much sought-after, making up nearly 17 per cent. However, enthusiasm for studying information technology (IT) appears to be on the wane this year, making up just 4.5 per cent of courses offered, down from 5.3 per cent last year. Extensive data on the first-round offers, featuring students, offers and courses, will be available at theage.com.au from 10am on Monday. The Victorian Tertiary Admissions Centre said prospective students were flocking to society and culture pathways, with courses like arts, law, politics and economics making up more than a fifth of Monday’s offers. International Baccalaureate students in Australia, who have traditionally been forced to wait until January for their university offers, have been included in the December round for the first time this year. Methodist Ladies’ College graduate Kate Zhang said nerves were running high for some students ahead of Monday’s news. Loading Zhang, who completed the IB this year, already has an offer to attend a university overseas, where she would study either social analysis or economics alongside a shorter course in photography. She is expecting another offer from the University of Melbourne for a degree in commerce and will then consider her options. “I’m very privileged to be thinking about the opportunities that I have upcoming,” Zhang said. “I just hope that [on] Monday, everybody who’s worked hard to get to where they are, get their first preference, and if not, something works out for them in the end. “My friends who may have gotten close to the course requirements, but maybe not comfortably above, are feeling a bit nervous as they go into look at which preferences they got granted.” Zhang, whose ATAR was in the high 90s, hoped to visit extended family in China before university started. VTAC chief executive Teresa Tjia said options were still available for school-leavers who were not offered a course on Monday. “If you haven’t received an offer today or have changed your mind about what you wish to study, you can change preferences in your VTAC account until 4pm tomorrow. VTAC will make further offers throughout January and February,” Tjia said. The VTAC boss urged those who landed the course they wanted on Monday to savour the moment. Loading “Celebrate the offer you have received today with your family, friends and teachers,” she said. “Share this exciting achievement with those who have supported you throughout your educational journey.” The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here . Save Log in , register or subscribe to save articles for later. License this article University Campus Victoria VCE Noel Towell is Education Editor for The Age Connect via Twitter . Most Viewed in National LoadingMoreover, Lazio's recent form and momentum have been impressive, with the team stringing together a series of positive results in both the league and Europe. Their confidence and belief in their abilities have translated into strong performances on the pitch, making them a formidable force to reckon with.