The Motley Fool

MARCH 19, 2025

Assets that are easy to passively own, conversely, generally produce weaker results. Given enough time, shares of this buy-and-hold-minded conglomerate reliably outperform the S&P 500 (SNPINDEX: ^GSPC) even though they seemingly shouldn't. There's a curious exception to these basic investing realities, though.

Mutual Funds 244

Mutual Funds Conglomerates Business Development Companies Stakes 244

The Motley Fool

SEPTEMBER 18, 2023

Instead, Ares Capital is one of the stocks owned by New England Asset Management (NEAM). You might not have heard of NEAM, but it's been a wholly owned subsidiary of Berkshire Hathaway since the giant conglomerate acquired General Re in 1998. Ares Capital ranks as the largest publicly traded business development company (BDC).

Initial Public Offering 147

Initial Public Offering Conglomerates Debt Capital 147

The Motley Fool

SEPTEMBER 19, 2023

The conglomerate scooped up additional shares of HP in subsequent quarters. Instead, it's owned by Berkshire's subsidiary, New England Asset Management. Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company ( BDC ). million shares of the PC and printer maker.

Conglomerates 130

Conglomerates Capital Asset Management Business Development Companies 130