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Clearlake Capital Group has closed its eighth flagship fund alongside co-investment vehicles and separately managed accounts, raising a combined total $14.8bn. The capital will be focused in pursuit of the trends Clearlake believes are fundamentally reshaping industries, including AI, software modernisation, digital transformation and operational efficiency. The fundraise attracted nearly 300 investors from across six […]
The post Clearlake closes eighth flagship fund on $14.8bn appeared first on AltAssets Private Equity News.
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S&P 500 futures are little changed as oil ticks higher, traders await Fed rate decision: Live updates CNBCStock market today: Dow rises, S&P 500 and Nasdaq drift ahead of Warsh's first Fed meeting as chair Yahoo FinanceS&P 500, Nasdaq futures rise ahead of Fed rate decision qz.comMarkets News Today: Stocks Set to Open Slightly Higher Ahead of Fed Decision; SpaceX Continues Post-IPO Climb Investopedia
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Conifer Infrastructure Partners has closed its debut fund at its hard cap of $900m, exceeding its original $500m target by $400m. The firm completed the raise for Conifer Infrastructure Partners I, LP through a single institutional closing process that took fewer than five months from launch. Backers include institutional investors across endowments, foundations, public pensions, […]
The post Conifer raises $900m in oversubscribed debut fund close appeared first on AltAssets Private Equity News.
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Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent Yahoo FinanceDow climbs above 52,000 for first time as oil prices fall, but tech sell-off knocks down S&P 500: Live updates CNBCMarkets News, June 16, 2026: Dow Hits Record as Chip Stocks Lead Tech Lower; SpaceX Stock Soars on Cursor Deal InvestopediaSpaceX set to leapfrog Amazon to become world's fifth-largest company Financial Times
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Also in today's newsletter: Bank of Japan raises rates to 1%, and India temporarily blocks Telegram
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Private equity and credit investment firm Stone Point Capital has raised $610.5m in the first close of its Stone Point Insurance Solutions Fund strategy. According to Artemis, whilst details are still currently light on the ground, market sources informed the publication that Stone Point was working on a new fund strategy to invest into reinsurance […]
The post Stone Point Capital secures $610.5m in Insurance Solutions Fund first close appeared first on AltAssets Private Equity News.
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Anterra Capital, a specialist food and agriculture investor, has announced the first close of its Fund III on $100m, against a target of $200m. According to Anterra, the fund marks a key milestone for the company, which its founders claim was built on the conviction that the tools that had already transformed other industries such […]
The post Anterra Capital confirms first close of Fund III at $100m appeared first on AltAssets Private Equity News.
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Nasdaq and S&P 500 slip while Dow hits record close ReutersDow climbs above 52,000 for first time as oil prices fall, but tech sell-off knocks down S&P 500: Live updates CNBCMarkets News, June 16, 2026: Dow Hits Record as Chip Stocks Lead Tech Lower; SpaceX Stock Soars on Cursor Deal InvestopediaDow Hits High, Techs Fall, SpaceX Cut Gain; Warsh's Fed Debut Due Investor's Business Daily
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Dow climbs above 52,000 for first time as oil prices fall, but tech sell-off knocks down S&P 500: Live updates CNBCStock futures are little changed as Wall Street gears up for Federal Reserve rate decision: Live updates CNBCStock market today: Dow rises, S&P 500 and Nasdaq drift ahead of Warsh's first Fed meeting as chair Yahoo FinanceMarkets News, June 16, 2026: Dow Hits Record as Chip Stocks Lead Tech Lower; SpaceX Stock Soars on Cursor Deal Investopedia
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Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the sale of NSI Industries, a leading manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0 billion. Sentinel acquired NSI in November 2024. NSI is a category-leading provider of more than 15,000 branded replenishment electrical power components […]
The post Deal Roundup: Sentinel announces sale of NSI Industries, Platte River Equity teams with Tallman appeared first on AltAssets Private Equity News.
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 Topic: RobocarsTags: forbes
Tesla is running their full robotaxi system from Austin in the Bay Area, with safety driver behind the Wheel. Uber got threatened for less, what will the DMV do?
Read more at Forbes.com in First Tesla Robotaxi Rides In California May Risk DMV Shutdown
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It's no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one.
SEE MORE How Much of Your Estate Will Be Lost to Taxes?
I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it's not the first step. Instead, I try to determine each person's starting point with money. Many people fall into one of three categories:
They are anticipating how they will handle their wealth, but the money hasn't yet arrived.They have their inheritance — often several million dollars — but they are still grieving the loss of a loved one and are looking for guidance on next steps.
The inheritance has been in their bank account for a long period, but they still lack direction and can't make any decisions.
It is important to listen to each person's personal story with a windfall of money. Losing an important person in your life is difficult, and reflecting on the impact that person made is just as important. Many people express a desire to do something to honor a parent's wishes.
Figuring out how to make the best use of an inheritance
Here is how I generally approach these conversations to help a person make the best use of their inheritance:
Define their relat
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