Kalshi valuation quadruples to $22bn in less than a year
Platform raises $1bn in fundraise led by Philippe Laffont’s investment firm Coatue
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Carlyle raises $20bn to scoop up ageing private equity stakes
Secondaries market has boomed in recent years as pension funds and endowments seek to exit investments
Bubble talk has not damped Silicon Valley AI rush
Venture capital dealmaking on Sand Hill Road is still frenzied despite falls in tech sector shares
Carlyle bolstered by private credit and secondaries trends
Private capital group has been recovering under chief Harvey Schwartz
Anthropic weighs deal for near $1tn valuation as revenue surges
Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value
Private credit’s stale pricing problem
More frequent asset valuations can boost market resilience and investor confidence
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour