American Pacific Group moves Mmegwa into managing director role
PE Hub reported that Luchi Mmegwa has been promoted at the San Francisco Bay Area private equity firm, which manages $1.2 billion.
By Marcus V. Thorne 1 month agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Tricor Pacific Capital acquires Calgary welding supplier Arctec
PE Hub reported that Mark Trenke will remain president of Arctec Alloys and keep an equity stake alongside Tricor Pacific Capital.
By Marcus V. Thorne 1 month ago
Bregal Sagemount makes growth investment in Pandion
Pandion serves more than 16,000 members at 60,000 US sites, with financial terms of Bregal Sagemount’s growth investment undisclos...
By Marcus V. Thorne 1 month ago
CVC Capital agrees majority investment in DistroKid
PE Hub reported that CVC Capital Partners will take a majority stake in the New York music distributor, with Phil Bauer remaining...
By Marcus V. Thorne 1 month ago
Community gap reshapes Americans’ view of the dream
A CNBC and SurveyMonkey survey found 72% of U.S. adults tie the American Dream to financial stability, while 35% include community...
By Marcus V. Thorne 1 month ago
Delta adds stripped-down premium fares for business and first class
Delta will sell lower-tier premium tickets that exclude lounge access, advance seat selection and some flexibility, following a si...
By Marcus V. Thorne 1 month ago
Rebellions plans South Korea IPO as AI chip interest lifts demand
CEO Sunghyun Park told CNBC the Samsung-backed AI chip company is preparing a listing as early as the first half of next year.
By Marcus V. Thorne 1 month ago
Oil rises after U.S. strikes Iran over Hormuz ship attacks
WTI and Brent gained after CENTCOM said U.S. forces struck Iran in response to attacks on commercial vessels in the Strait of Horm...
By Marcus V. Thorne 1 month ago
China submarine missile test raises pressure on Pacific defence ties
A PLA Navy launch into Pacific waters drew criticism from Australia, New Zealand and the U.S., as analysts warned it could speed r...
By Marcus V. Thorne 1 month ago
Burnham presses regional power shift with Manchester No. 10 plan
Andy Burnham’s proposed “No. 10 North” puts fiscal centralisation and uneven regional growth at the centre of Britain’s policy deb...
By Marcus V. Thorne 1 month ago
Cramer says Samsung sell-off may point to AI market rotation
CNBC’s Jim Cramer said Samsung’s 7% drop appeared to shift investor attention from AI hardware suppliers toward megacap technology...
By Marcus V. Thorne 1 month ago
Nvidia options flows turn bullish as chip stocks sell off
Nvidia shares held near $200 while semiconductor peers fell, with options data showing heavy demand for short-dated calls.
By Marcus V. Thorne 1 month ago