General Atlantic and Mubadala Send Positive Signals About Market

The stock market is setting records, partly due to enthusiasm about artificial intelligence, a sector where valuations have soared. The IPO market isn’t back to where it was before interest rates started rising. Yet some investors are more upbeat about investment conditions than they’ve been in a while, judging from comments at our Private Capital Conference in New York on Tuesday. Anton Levy, of General Atlantic, for instance, said, “For the first time in a little while, prices…are fair,” particularly …

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