Stock in private firms; active managers and investors
The bipartisan ROAD to Housing Act has cleared major hurdles in both chambers, capping single-family home purchases by large investors at 350 units and removing a seven-year sell-off requirement. The measure aims to boost housing supply and affordability while streamlining environmental reviews and funding housing initiatives.
The Scotland 500 shows private equity now owns nearly 60% of listed Scottish firms, underscoring international investor interest in Scotland’s traditional sectors evolving into high-growth businesses. Origo and Vespa Capital are highlighted as unicorn ambitions, while BR-DGE expands beyond gaming to enterprise payments.
Jersey Mike’s is preparing to list on the New York Stock Exchange after a Blackstone-led deal values the chain at about $8 billion. The S-1 shows plans for rapid expansion to roughly 7,500 U.S. stores and up to 15,000 globally, with Canada and the U.K. & Ireland targeted. The menu is positioned as protein-forward, aligning with demand for GLP-1 weight-loss drugs.