글로벌 인사이트: Standard Capital

싸우지 말고 토르데시야스 조약처럼 하면 안될까 하는 생각

https://n.news.naver.com/mnews/article/001/0015061599

🧿 유안타 [Passive/Quant 고경범]

(패시브 Comment)

■ KOSPI200/KOSDAQ150 정기변경 발표 Comment

• 리밸런싱은 12/12(목) 종가 기준 진행. KOSPI200에서는 4종목 편입, 5종목 편출. KOSDAQ150에서는 각각 8종목 편출입.

• KOSPI200 편출입 종목은 당사 패시브 예상에 부합. 액티브 자금은 효성중공업, 에이피알의 편입 이슈에 집중될 것으로 판단. 상대적으로 관심도가 낮은 OCI, 특히 미원상사는 자금 유입이 미진할 경우 지수완전복제 자금의 편입 수요에 따라 리밸런싱일 주가가 급등할 유인이 높아 사전에 투기적 포지션 유입될 소지가 존재.

• 롯데관광개발은 12월초 주가 Bottom 부분에 대한 고민이 필요. 지수 편출은 주가의 장기 조정(5월~10월)을 시사하는데, 내년 제주도 외국인 입도객 회복 모멘텀 기대가 높아지는 부분도 착안 필요.

• KOSDAQ150 지수에서는 전망했던 중앙첨단소재가 편입 싪패. 주가조작 혐의 관련 검찰 수사가 진행되는 것이 부정적으로 검토된 것으로 판단. 대체 종목으로 네오셈이 편입. 편입 가능성을 낮게 봤던 파두는 이번 변경에서도 편입 실패. 초전도체 테마주였던 신성델타테크는 이번 변경에서 편입되면서, 대체종목인 LS마린솔루션은 편입 실패.

• KOSDAQ150 지수 정기변경은 발표 모멘텀이 영향이 높은 편. 액티브 자금이 관심을 가질 화장품의 코스메카코리아, 아이패밀리에스씨, 최근 유튜브 쇼핑 관련 기대심리가 높은 카페24 등에 관심을 가질 필요.

• 발표 선반영을 감안해 리밸런싱 수준은 지수완전복제 자금 수준으로 KOSPI200 16.5조원, KOSDAQ150은 2.5조원으로 하향조정해서 제시.

* 본 내용은 당사 Compliance 승인을 득하였음

자료 원문 : https://file.myasset.com/sitemanager/upload/2024/1107/084653/20241107084653410_0_ko.pdf

'중장기 원전 정책 로드맵' 연내 발표 기대감에…원전주 강세
https://www.hankyung.com/article/2024112278366

U.S. LNG Exports to Europe Set to Surge as European Gas Prices Soar

- Currently, the price of the U.S. benchmark, Henry Hub, is about 80% lower compared to the Dutch TTF Natural Gas Futures

* 운송, 수송 비용을 감안해도 이 스프레드라면?
* 러-중은 Power of Siberia 완공, 유럽의 선택지가 많지 않아 보입니다.

전쟁-범죄

https://www.nbcnews.com/news/world/icc-issues-arrest-warrant-netanyahu-israel-war-crimes-gaza-gallant-rcna181138

VC Deals
Odoo, a Belgium-based enterprise software startup, raised €500 million in a secondary funding round led by CapitalG and Sequoia.

Kong, a San Francisco-based cloud API technology company, raised a $175 Series E led by investors including Tiger Global, Balderton and Ontario Teachers' Pension Plan.

Vertical farming startup Oishii, known for its strawberries, raised a $150 million Series B led by NTT, Fortune reported.

Aquaria, a startup developing atmospheric water generators, raised $112 million in equity and debt—consisting of $100 million in project debt from Upwell Water and $12 million in equity from investors including Mistletoe, Ciri Ventures, Soma Capital, Axios reported.

Ladder, which offers virtual strength-training services, raised a $15 million Series B led by Point72 Ventures and ADvantage VC, and $90 million from General Catalyst, Axios reported.

Tokamak Energy, a UK-based nuclear fusion startup, secured $75 million in a funding round led by East X Ventures and Lingotto Investment Management.

Portugal-based drone startup Tekever raised a €70 million round led by Baillie Gifford and the Nato Innovation Fund.

KoRo, a Berlin-based snack specialist, secured a €35 million Series C led by Coefficient Capital.

Apaleo, a Munich-based property management platform, raised €20 million in a growth equity round led by PSG Equity.

Descycle, a London-based metal recycling tech company, collected a £10.2 million Series A led by BGF and Vorwerk Ventures.

PE Deals
Blackstone is nearing a deal for Tokyo Garden Terrace Kioicho, a mixed-use office complex, for 400 billion Japanese yen (about $2.6 billion), Bloomberg reported.

Italian soccer team Hellas Verona is shopping majority and minority stakes, and Texas-based Presidio Investors is raising up to €75 million for a bid at the controlling stake, Bloomberg reported.

Nordic Capital and Ontario Teachers' Pension Plan jointly acquired Max Matthiessen, a Swedish insurance broker.

Partners Group took a majority stake in Spanish hotel group Bluesea via a continuation fund of existing investor Portobello Capital.

Nordic Capital-backed Surgical Information Systems, which provides software for surgery centers, bought peer Surgical Notes.

Oakley Capital invested in Germany's Konzept & Marketing, an underwriting agent for property, accident and liability insurance.

Exits
Chroma, a VC-backed audiovisual company, was purchased by Bronze, a London-based AI music startup, Tech Crunch reported.

According the Bloomberg, IDG Capital-backed Qinghai Lihao Semiconductor Material is seeking to make a Hong Kong IPO as early as the second half of 2025 with the potential to raise $138 million.

Fundraising
Frazier Healthcare Partners closed its latest flagship vehicle on a $2.3 billion hard cap. Frazier Healthcare Growth Buyout Fund XI will seek out middle-market healthcare companies.

Bling Capital raised $270 million for its fourth flagship seed vehicle, part of which is designated for opportunity investments.

Accolade Partners closed its Accolade Blockchain III fund-of-funds on $202 million. The vehicle will target seed and early-stage firms, secondary stakes and GP stakes.

BNP Paribas Asset Management launched the BNP Paribas Future Forest Fund with the International Woodland Company to invest in sustainable forestry.

Investors
PE firm VSS Capital Partners received a minority investment from Pinnacle Investment Management Group.

바나나 사러 갑니다
https://n.news.naver.com/article/008/0005117560?cds=news_media_pc

인도 시장의 문제라고 느끼는 점 ->

1. 정경유착 등 거버넌스 문제
2. (금융주 위주로) 내부통제나 제도가 급성장을 못 따라가서 잦은 이슈 발생

(특히) 대형 금융 기업들 요 근래 신규 카드 발급 중단(코탁마힌드라), Paytm 은행업 영업중단 등

주가는 성장을 충분히 반영했으니 이제는 체질 개선으로 높아진 눈높이 맞추기가 중요해질 시점

주가는 힌덴버그의 난 시기로 돌아감

Adani Shares Tumble After US Indictment, Scrapped Bond Sale

https://www.bloomberg.com/news/articles/2024-11-21/adani-bonds-tumble-after-founder-charged-by-us-authorities

"본인이 좋아하는 것을 하시고, 열정을 가지고, 실패를 두려워하지 않고, (그러면서도) 남들을 존중하자"
https://www.kmib.co.kr/article/view.asp?arcid=1732093016

kerr.co/oklo

이게 돌아다니던 kerrisdale 오클로 숏리포트인거신데

U.S. Midstream Mergers Continue With $1.2 Billion Natural Gas Pipelines Deal
* 합종연횡이 일어나는 섹터는 뭔가 있다?

- Pipeline owner and operator DT Midstream will buy three interstate natural gas pipeline systems from ONEOK for $1.2 billion in cash
- Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission, have a total capacity of more than 3.7 Bcf/d with approximately 1,300 miles

* fee based 가 마냥 좋아보입니다. 가스선의 인도 스케쥴, 터미널 완공 시점 등등...

VC Deals
Colombia-based fintech startup Addi raised $100 million in a credit facility from Victory Park Capital.

Spectro Cloud raised a $75 million Series C led by Goldman Sachs Alternatives for its Kubernetes management platform.

Los Angeles-based Moonvalley, which develops generative AI video tools, raised a $70 million seed round led by General Catalyst and Khosla Ventures.

Vitara Biomedical, a neonatal healthtech startup, raised a $50 million Series B led by Sands Capital.

OneChronos raised a $32 million round from Addition. The company uses AI to match trades to manage their impact on stock prices.

SolarSquare, an India-based rooftop solar panel company, is in talks to raise a $30 million round led by Lightspeed, Mint reported.

Goodstack, a London-based fintech SaaS specialist, raised $28 million in a Series A led by General Catalyst.

GridBeyond, a Dublin-based energy storage startup, secured €11.25 million from Triodos Energy Transition Europe Fund.

Gemesys, a Germany-based AI semiconductor startup, has raised €8.6 million in a pre-seed round.

Juna AI, a Berlin-based startup company that uses AI to make factories more energy efficient, raised $7.5 million in seed funding led by Kleiner Perkins and Norrsken VC.

PE Deals
Paris-listed social media management SaaS company Wedia has been acquired by Cathay Capital in a take-private deal.

Auto suspension parts manufacturer Arnott Industries has been acquired by MidOcean Partners.

Brazil-based WeVets, which operates 24-hour veterinary hospitals, received an investment from L Catterton.

Exits
BlueHalo, a defense-tech company owned by Arlington Capital Partners, has been acquired by Nasdaq-listed AeroVironment in a $4.1 billion deal.

Idiomatic, a company developing AI-powered customer feedback tools, has been acquired by customer service platform developer Front. Both companies are VC-backed.

Fundraising
Maryland-based PE firm Enlightenment Capital, which focuses on investments in aerospace, defense and technology, raised $825 million at the close of its latest fund.

Jadwa Investment, a Saudi Arabia-based PE firm, held a $266 million first close for GCC Private Equity Fund 1 to invest in the Middle East.

Investors
Apollo opened a new office in Seoul and appointed Jay Hyun Lee from Samsung Securities as Head of Korea.

Partners Group expanded its growth equity strategy to target high-growth industries within the technology and healthcare sectors globally. The firm has deployed $2.5 billion in growth equity to date.

CalPERS has committed over $53 billion in climate-focused investments as a part of its Sustainable Investments 2030 Strategy.

Corporate M&A
A judge in Google's antitrust lawsuit could order the company to sell its web browser, Google Chrome, which could be worth up to $20 billion, Bloomberg reported.

맥주 마시면 NFT가 생긴다?…산토리, 세계 첫 NFT 맥주 출시
https://www.blockmedia.co.kr/archives/783947

걸즈캔두 애니"팡"

(중략)
영상에 나온 흐라바르추크는 러시아군 순항 미사일 Kh-101을 격추했다고 우크라이나 공군이 전했다.

흐라바르추크는 3년 전까지만 해도 유치원 교사로 일했다. 그는 전쟁이 발생하자 서부 공군 사령부의 무선 기술 여단 대공 미사일 부대에 포병 사수로 자원입대했다. 이번 미사일 발사는 그녀의 첫 실전 발사였다.

https://n.news.naver.com/article/025/0003401882

사기라고 규정해놓고 세금을 걷어?

https://www.youtube.com/watch?v=aiBIicv-HDQ

세븐일레븐: 이걸 연내에 마무리한다고요

캐나다의 편의점 대기업으로부터 7조엔 규모의 인수 제안을 받은 세븐 & 아이 홀딩스를 둘러싼 새로운 움직임입니다. 회사의 창업가 측을 중심으로 설립하는 특별목적회사가 메가뱅크 3행이나 미국의 대형 금융기관 등에서 8조엔을 넘는 자금을 조달한 뒤 세븐&아이 주식의 TOB=공개매입을 실시, 금년도중에 수속을 완료시키는 방안을 축으로 조정을 진행하고 있는 것이 밝혀졌습니다.

https://www3.nhk.or.jp/news/html/20241119/k10014643321000.html

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