Roebling Capital Partners

U.S. added 254K jobs in September, with unemployment at 4.1%. The biggest contributions came from leisure and hospitality, with 78,000 new positions, and health care and social assistance, at 71,700.

Private equity has become the top choice for HNWI surpassing real estate as they seek superior returns in private markets.

Through June 2024, allocations to small funds, usually those dedicated to true lower-middle-market deals, are virtually non-existent to start the year.

The M&A market has struggled throughout this year, with the most activity happening in the lower-middle and middle-market segments. The smaller the deal size, the steeper the decline in activity. (courtesy of Factset)

Private equity is eyeing the revival of air travel, investing in the maintenance and repair of older planes as demand soars. As new aircraft production falls behind, these firms are stepping up to keep more planes flying, placing their bets on the long-term growth of the aerospace service industry.

July CPI: Inflation at 2.9% YoY, Core CPI up 0.2% MoM. Shelter costs rose 0.4%, driving 90% of the increase. Food prices up 0.2%, with eggs soaring 5.5%, while cereals, bakery items, and dairy dipped slightly.

Ripple effects of lower job creation and rising unemployment: Travel companies lower forecasts as US consumers cut spending. "Less disposable income means less capacity for things like travel," says Hilton CEO Christopher Nassetta. https://lnkd.in/dzijypnP

After the slowdown in job growth in July, the nation’s unemployment rate increased to 4.3%, its highest level since October 2021. “The market’s concern with the unemployment rate is that historically, once it starts to rise, it tends to continue rising."

After a dip in fee dollars and being stung by increased regulations, investment bankers are seeking new ways to preserve fee income – some have moved to taking up to 25% of any breakup fees offered to their clients. https://lnkd.in/e5Nciwgj

We're #hiring a new RCP Portfolio Company: FP&A Analyst in Deerfield Beach, Florida. Apply today or share this post with your network.