Antoine Gara

ARTICLES

2 months ago

Billionaire Bill Ackman Explains Why He Invested 11% Of His Fund In Berkshire Hathaway

Berkshire Hathaway owns high cash balances and has a tendency to do well in bad markets as Buffett and Munger, icons in American business, deploy funds at rock-bottom prices.
By Antoine Gara 25 min read
3 months ago

Billionaire Robert Smith’s Vista Raises $850 Million, Doubling Down On Its Commitment To Small Software Buyouts

Billionaires Robert Smith and Brian Sheth, cofounders of Vista Equity Partners, are in the midst of raising a mammoth $16 billion software buyout fund.
By Antoine Gara 10 min read
4 months ago

The Oracle Of Apopka: Meet Eddie Brown, One Of Wall Street’s Greatest Untold Stories

Eddie Brown’s flagship Small Company Fund is up 21% and has averaged a 19% return annually over the past decade. Since its inception in 1992, the fund is up 22-fold. 
By Antoine Gara 9 min read
5 months ago

Gentlemen At The Gate: With Trillions Pouring In, KKR And Its Peers Must Build Up Rather Than Break Up

KKR, the $200 billion (assets) private equity giant, popularized the leveraged buyout. Today half of its investments and the majority of its dealmakers live abroad. 
By Antoine Gara 17 min read
7 months ago

An Insider's Take On Ultimate Software's $11 Billion Private Equity Takeover

In February, Ultimate Software was sold to Hellman & Friedman for $11 billion, or $331.50 a share.
By Antoine Gara 28 min read
7 months ago

Kraft Heinz Plunges After $15 Billion Writedown, Dividend Cut And SEC Probe

On Thursday evening, shares in the heavily indebted company plunged nearly 20% after it revealed a trifecta of issues. 
By Antoine Gara 8 min read
8 months ago

This Startup Is Creating A Real-Time Data Map Of The Global Economy. BlackRock And PayPal Are Buying It

Enigma is the brainchild of Hicham Oudghiri and Marc DaCosta. Their startup organizes information from thousands of sources around the world into a single, fully linked interface.
By Antoine Gara 22 min read
9 months ago

Warren Buffett, Down $4.3B In A Day, Was Right To Downplay Berkshire's Apple Gains

Warren Buffett’s $36 billion-plus investment in Apple soared to nearly $60 billion in value in October before then plunging 38% in 90 days.
By Antoine Gara 9 min read