More The healthy food space is ripe for investment. That’s the assessment from Gabrielle Rubenstein, CEO and co-founder of Manna Tree Partners, a Colorado-based private equity firm founded in 2018, along with co-founders Ross Iverson and Brent Drever. Rubenstein, daughter of private equity titan and billionaire David Rubenstein, who is co-founder and co-executive chairman of The Carlyle Group (CG), is bringing her passion for healthy eating to the investment world. Manna just announced a...

The private equity industry is carefully bracing for the next recession, after years of unprecedented growth. That’s the assessment from Hugh MacArthur, Bain & Company’s head of global private equity, who has been attending the annual private equity conference SuperReturn in Berlin this week. “If you look at the last 5 years of private equity including 2018, they’ve been the best 5 years in aggregate the industry has ever seen — more exits by value, more value of deals done, more funds raised...

More Investors aren’t too fond of bank stocks this year. The S&P 500 financials sector is down 2.6% year-to-date, compared to the S&P 500’s (^GSPC) 2.9% gain. That’s because investors have been expecting “dessert” from banks instead of focusing on the “main course,” according to veteran bank analyst Mike Mayo of Wells Fargo Securities. “This [upcoming round of bank earnings] should be like the last — the main course is decent but then there’s a little bit of a lack of dessert,” he said in an...