US Private Credit-Focused Investment Firm Eyes Defense Opportunities, Europe
We talk to a US business that concentrates on the private credit space and within that, areas such as defense. Given recent geopolitics, this area is growing – on both sides of the Atlantic. A New York-based investment firm that recently launched a fund with a focus on private credit in the North American government […]
How The Government Shutdown Impacts Markets With Grays Peak Capital’s Scott Stevens
The government shutdown has now surpassed 20 days – and counting. With the longest partial shutdown lasting 35 days, the clock is ticking to get the budget passed before reaching that record. The markets have yet to respond to the shutdown, and Grays Peak Capital founder Scott Stevens, formerly of SAC Capital, now Point72, and […]
Why the government shutdown has one private credit manager busier than ever
Stevens, the founder of private credit firm Grays Peak Capital, provides bridge financing to companies that get government contracts, mostly in the defense sector. His firm is raising its second fund, which will have at least $500 million to put to work but could swell to $1 billion if he finds the right opportunities to […]
James Harden-Backed DTC Brand Beard Club Launches At Target
Beard Club wants Target shoppers—those suburban millennial moms picking up school supplies and paper towels at their local store—to be able to easily stock up on beard essentials for the bearded guys in their lives. In its first move into major brick-and-mortar retail distribution, the brand has rolled out to Target locations featuring upgraded men’s […]
Timoneer Strategic Partners Announces Acquisition of Solid Restoration
Timoneer Strategic Partners, LLC (“Timoneer”), a private equity firm based in Los Angeles and Charlotte, has acquired a majority ownership stake in Solid Restoration, LLC. ESCONDIDO, Calif., Feb. 13, 2024 /PRNewswire/ — Timoneer Strategic Partners, LLC (“Timoneer”), a private equity firm based in Los Angeles and Charlotte, has acquired a majority ownership stake in Solid […]
Inside the network of dozens of spin-off hedge funds from billionaire New York Mets owner Steve Cohen
Inside the network of dozens of spin-off hedge funds from billionaire New York Mets owner Steve Cohen Steve Cohen’s decades-long career in finance has made him billions of dollars across two different hedge funds and led to the creation of more than 80 other firms. Dozens of people who have worked for the famed stock […]
Former Rising Star at Billionaire Philippe Laffont’s Coatue, is Launching His Own Hedge Fund
A rising star from billionaire Philippe Laffont’s Coatue is starting his own hedge fund and has at least $300 million lined up from investors Philippe Laffont, founder and portfolio manager of Coatue Management. Eduardo Munoz/ Reuters Peter Zhou, a former senior managing director at billionaire Philippe Laffont’s Coatue, is launching his own hedge fund, sources […]
Scott Stevens of Grays Peak Capital LP Analyzes the Current Landscape of Tech Startups
In 2019, the tech landscape will continue adjusting to market and regulatory changes, says Scott Stevens, partner at Grays Peak Capital LP. Following suit, tech startups will also continue pursuing opportunities that help them achieve rapid go-to-market strategies at a lower cost. However, unlike in the past, where tech startups created entire ecosystems, in 2019, […]
Reasons to Invest in Tech According to Scott Stevens of Grays Peak Capital LP
It is no secret that technological advancements have drastically changed the way we live our lives. In addition, it should be no surprise that technology has also affected and disrupted several industries. Technology has allowed for the seamless flow of information, expedited processes resulting in higher efficiency, driving more revenue to your business, and much […]
When Should Your Startup Seek to Raise Capital? Grays Peak Capital LP’s Scott Stevens Discusses
Photo by Austin Distel on Unsplash Venture capital is the holy grail for any startup. When venture capital comes in, it almost always signals a change in fortunes for the startup. The startup can typically grow its team, accelerate its marketing efforts, and grow faster. But, if you have a startup, when should you seek to raise capital? […]