Private Equity Wire

JULY 3, 2024

European private credit manager Pemberton Asset Management has held the first close of its new NAV strategic financing strategy at over $1bn of investible capital.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Collateral Buyout 98

The Motley Fool

SEPTEMBER 18, 2023

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

Investment Banking 130

Investment Banking Investment Banks Banks Hedge Funds 130

The Motley Fool

JUNE 23, 2023

Generally, this comes in the form of mortgages that have been pooled together into bond-like securities called collateralized mortgage obligations (CMOs), or something similar. In this way, it is something like a mutual fund or asset manager. This is because CMOs trade like bonds, actively being bought and sold all day long.

Capital 130

Capital Collateral Mutual Funds Assets 130

Private Equity Wire

MAY 20, 2024

After that deadline has passed, Oaktree has the right to take control of Inter by claiming the collateral pledged in the 2021 financing deal – Suning’s majority stake in the club.

Debt 98

Debt Collateral Liabilities Asset Management 98

The Motley Fool

AUGUST 1, 2024

Also, we recognized losses on our discontinued intellectual property collateral protection insurance product. We recognized claims expense at the time claims are considered probable which occurs when there is both a default on the loan and an impairment on the intellectual property collateralizing the loan. Please go ahead.

Collateral 130

Collateral Liabilities Asset Management Portfolios 130

The Motley Fool

JUNE 17, 2023

You've seen huge borrowers and huge building portfolios like the ones held at Brookfield Asset Management that are kept inside fun. What they are trying to do is lend, and then take that collateral if those loans go bad, and then recycle that collateral into more cash. By the way, we've already seen it this year.

Banks 243

Banks Collateral Stakes Assets 243

The Motley Fool

SEPTEMBER 25, 2024

Bitcoin holders can convert their BTC into cbBTC, allowing them to engage in DeFi activities such as lending, borrowing, and collateralizing assets. Its ability to tokenize Bitcoin and other assets in a way that ensures liquidity, security, and compatibility is precisely why Ethereum was chosen as the home for cbBTC.

Collateral 130

Collateral Financial Institutions Finance Financing 130

Private Equity Insights

JUNE 27, 2023

Investors in the Fund, which were a mix of numerous new investors as well as existing New Mountain Net Lease investors, include pension funds, insurance companies, asset managers, endowments, family offices and high net worth individuals. Source: Business Wire Can’t stop reading? billion rupees.

High Net Worth Individuals 130

High Net Worth Individuals Capital Funds Private Equity Firms 130

The Motley Fool

OCTOBER 31, 2024

In our retirement strategies business, we're increasing the number of individual annuity solutions and adding new workplace partnerships, like the relationship we recently announced with JPMorgan Asset Management. PGIM is also well positioned to continue to capture the growing retail demand for fixed income products.

Liabilities 130

Liabilities Assets Capital Shareholders 130

The Motley Fool

MAY 27, 2024

Although the prize of this purchase was General Re's reinsurance operations, General Re also owned a specialty investment company -- New England Asset Management (NEAM). In 1998, Berkshire acquired General Re in a $22 billion deal. When Buffett's company closed the deal 26 years ago, it became the new owner of NEAM.

Portfolios 130

Portfolios Banks Liabilities Exchange-Traded Funds 130

The Motley Fool

APRIL 24, 2024

Liquidity consisted of $578 million in unrestricted cash with a remaining in MSR line capacity, which is fully collateralized and immediately available. As you know, we're also pursuing asset-light growth strategies, including subservicing and the launch of a commingled MSR fund and separate managed accounts. We run them.

Leveraging 246

Leveraging Amortization Bidding Collateral 246

Pension Pulse

MAY 14, 2024

Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity. GoldenTree Asset Management, Sculptor Capital Management, Carlyle Group Inc.

Pension Funds 59

Pension Funds Collateral Funds Hedge Funds 59

The Motley Fool

APRIL 22, 2024

You've got a point there because they are the world's largest alternative asset manager live, they have hundreds of billion dollars to sling around to make acquisitions, to finance big deals, etc. You have on one hand, private equity group, masters of collateral, masters of financing. Asit Sharma: Maybe. I think actually, yeah.

Taxes 130

Taxes Finance Financing Collateral 130

The Motley Fool

OCTOBER 24, 2024

And within these coupons, only a small fraction of our pools are backed by generic collateral and approximately 70% have what we would characterize as high-quality prepayment protection and the benefits of our collateral selection were best seen in the latest prepayment report. Please go ahead. Trevor Cranston -- Analyst Hey, thanks.

Capital 130

Capital Leveraging Collateral Assets 130

Blackstone News

JUNE 29, 2023

Collateral Loan Obligation (CLO) Awards: Best CLO Manager of the Year Best Middle Market CLO of the Year Highly Commended Middle Market Manager of the Year GlobalCapital Blackstone Credit has also been recognized for the following categories for the GlobalCapital Awards in U.S.

Collateral 52

Collateral Asset Management Assets Funds 52

Pension Pulse

FEBRUARY 12, 2025

billion (C$443 million) in a separately managed account, managed by Asia-Pacific real asset manager ESR, targeting credit investment solutions for logistics assets in South Korea. Acquired a position in equity tranches of Blackstone-managed European and U.S. Committed KRW 437.5 billion.

Mergers and Acquisitions 59

Mergers and Acquisitions Investing Stakes Buyout 59

The Motley Fool

MAY 3, 2024

Our servicing and asset management business contributed meaningfully to the strength in adjusted EBITDA, thanks to dramatically lower runoff in the portfolio and our conservative credit culture, which has led to strong credit fundamentals within the portfolio. The decrease in non-cash MSR revenues drove a $7.2 Those are two examples.

Debt 130

Debt Banks Assets Capital 130

The Motley Fool

JULY 26, 2024

We continue to monitor and manage the office exposure in the portfolio. We did move one loan into NPL status and have the collateral of that loan and the collateral of the NPL from last quarter, both being marketed for sale. And I'm also curious if asset management acquisitions are likely in the cards for you all.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Banks Assets 130

Pension Pulse

AUGUST 7, 2023

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. Nor is it supported by the empirical evidence. They could simply carry on trying to maximize returns.

Investing 52

Investing Collateral Pension Funds Asset Management 52

The Motley Fool

AUGUST 2, 2024

PGIM, our global asset management business, is well positioned to address the increasing demand for retirement solutions around the world while capitalizing on growing institutional demand for private credit and alternative investments. and international businesses in retirement, asset management, and insurance.

Assets 130

Assets Liabilities Capital Collateral 130

Pension Pulse

JULY 11, 2024

Apex Group, a provider of services to asset managers, has just refinanced a slug of debt with a $1.1 NAV lenders sometimes charge interest in the mid to high teens, and some borrowers have used holiday homes, art and cars as collateral. Advent and Cinven declined to comment. Such cautionary tales haven’t deterred others.

Buyout 59

Buyout Debt Leveraging Collateral 59

The Motley Fool

MAY 2, 2024

Some of the areas we exited included Retail Primary Casualty, Risk-managed Architects and Engineers, and Intellectual Property Collateral Protection lines. John Fox -- Fenimore Asset Management -- Analyst Hi, Thank you. John Fox -- Fenimore Asset Management -- Analyst OK. Your line is open. Good stuff.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

Pension Pulse

APRIL 25, 2024

Less than 20 per cent of the fund’s credit portfolio is being managed by third parties, according to Edgell, though the firm maintains strong relationships with some of the world’s largest alternative asset managers. It recently committed $350 million to Blackstone Inc.’s KKR & Co. and CapVest Partners, among others. “And

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

The Motley Fool

FEBRUARY 8, 2024

Michele Reber -- Senior Director, Asset Management Thank you and good morning. And it's collateralized as well by the equity interest in that private investment. So it's well collateralized, high net worth individual with great track record. [Operator instructions] As a reminder, this conference is being recorded.

Investors 130

Investors Assets Banks Capital 130

Pension Pulse

JULY 16, 2024

There are no signs of widespread losses on private loans among major pension funds, and the loans tend to be backed by significant collateral. Alberta Investment Management Corp. AIMCo) owns 25 per cent and Brookfield Asset Management owns the rest. The sale of the 20-storey property at 2 Queen St.

Pension Funds 64

Pension Funds Buyout Assets Debt 64

The Motley Fool

MAY 9, 2024

billion of total liquidity transactions this year, including the recently announced sale of 75% of our interest in five Utah hospitals to a new joint venture with a leading multibillion-dollar asset manager. Did you pledge any of your real estate as collateral in conjunction with the Steward ABL or bridge loan refinancing?

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Prospects Finance Financing 130

Clearlake Capital Group

SEPTEMBER 3, 2024

billion in assets under management (AUM), MV Credit provides tailored fund solutions to investors across senior direct lending, subordinated direct lending, hybrid, and collateralized loan obligation (CLO) strategies. Ranked among the world’s largest asset managers 1 with more than $1.3 billion (€1,232.3

Capital 40

Capital Legal Collateral Asset Management 40

The Motley Fool

AUGUST 2, 2024

Michele Reber -- Senior Director, Asset Management Thank you, and good morning. I mean it's a fully collateralized loan. Operator [Operator signoff] Duration: 0 minutes Call participants: Michele Reber -- Senior Director, Asset Management Taylor C. I would now like to turn the conference over to Michele Reber.

Investors 130

Investors Debt Assets Capital 130

The Motley Fool

AUGUST 2, 2023

As we look ahead, we are well positioned as a global leader at the intersection of asset management and insurance. And obviously, with good performance, we would expect to continue to be able to -- to manage that even over a longer period of time. John Barnidge -- Piper Sandler -- Analyst Thank -- thank you for that.

Assets 100

Assets Capital Liabilities Asset Management 100

The Motley Fool

FEBRUARY 7, 2024

PGIM, our global investment manager, had lower other related revenues driven by lower incentive fees and agency income, and higher expenses. This was partially offset by higher asset management fees, including the benefits from our acquisition of Deerpath Capital and of launching Prismic. Results of our U.S. Sure, Ryan.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

Pension Pulse

AUGUST 15, 2024

billion in liquid assets to pay pension benefits, fund investment opportunities, satisfy potential collateral demands related to our use of derivatives, and to fund expenses. Liquidity We continue to maintain ample liquidity, with $23.1 We also have the capacity to borrow an additional $1.9

Pension Funds 59

Pension Funds Assets Liabilities Portfolios 59

The Motley Fool

FEBRUARY 9, 2024

Also, we have an information advantage consisting with decade's worth of data on collateral performance on the part of literally thousands of sellers. Currently, we're in discussions with several institutional investors, as well as pension plans, sovereign wealth funds, asset managers, and family offices.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

OCTOBER 11, 2024

NII ex-markets was up $274 million or 1%, driven by the impact of balance sheet mix and securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances, predominantly offset by lower deposit balances in banking and wealth management and deposit margin compression. NIR ex-markets was up $1.8 Expenses of $22.6

Banks 130

Banks Assets Capital Mergers and Acquisitions 130

The Motley Fool

OCTOBER 25, 2023

In addition to Home Point, we closed the acquisition of Roosevelt Management, which provides us the professional team in the RA infrastructure for our asset management strategy. Third quarter was a very busy period for us. And I'm pleased to report we've already kicked off the capital raising process for our first MSR fund.

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

JULY 26, 2023

We're in active discussions with potential new clients, and we're also building out our asset management capability in preparation for launching an MSR fund later this year. billion, 517 million was in cash, with the remainder consisting of available liquidity on our MSR lines, which is fully collateralized and immediately available.

Mergers and Acquisitions 130

Mergers and Acquisitions Finance Financing Leveraging 130

Pension Pulse

AUGUST 16, 2023

billion in liquid assets to pay pension benefits, fund investment opportunities, satisfy potential collateral demands related to our use of derivatives, and to fund expenses. Foreign exchange detracted from our net investment results by approximately 1.0%, primarily due to weakening of the US dollar relative to the Canadian dollar.

Assets 52

Assets Collateral Banks Portfolios 52

The Motley Fool

JULY 14, 2023

Morgan Asset Management China, both of which closed within the last year. For the quarter, record net long-term inflows were 61 billion, positive across all channels, regions, and asset classes, led by fixed income and equities. Expenses of 3.2 You know, more of it than some people feared has come out of RRP.

Banks 130

Banks Liabilities Capital Assets 130