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BMACX will invest across corporate credit, asset-based lending, real estate credit, and structured and liquid credit strategies. Structured as an interval fund, BMACX will permit daily subscriptions and provide quarterly liquidity of up to 5% of net asset value (NAV), subject to board discretion. Can`t stop reading?
Bain Capital has acquired a minority stake in an Indian auto components manufacturer. Bain Capitals global expertise and resources will be critical in accelerating the firms growth and navigating a competitive market. The investment highlights Bains focus on high-growth sectors in Indias automotive supply chain.
The private equity firm has engaged financial advisors Moelis & Co and RBC Capital to oversee the process, which is expected to begin in the coming weeks. Sources indicate that Rocket Software could be valued between $8bn and $10bn, with private equity firms likely to compete for the asset.
Main Street Capital (NYSE: MAIN) Q3 2024 Earnings Call Nov 08, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Main Street Capital third-quarter earnings conference call. Image source: The Motley Fool. You may begin.
The pension fund’s net assets grew to $123bn as of December 31, up from $112.6bn in 2023. Infrastructure assets also performed well, with a 12.3% Read more Maven Capital fuels Digital Rewards Groups global growth with major investment Read More HOOPP reports 9.7% HOOPPs public equities portfolio delivered a 17.9%
Blue Owl Capital backed the $4bn acquisition of PCI Pharma Services, a leading provider of pharmaceutical packaging and clinical trial solutions. This transaction underscores the importance of strategic partnerships between private equity firms and alternative asset managers in funding large-scale deals within critical industries.
Stonepeak, a global investment firm managing $72bn in assets, has acquired Boundary Street Capital, a specialist private credit manager. Legal counsel for the acquisition included Paul, Weiss, Rifkind, Wharton & Garrison, and Simpson Thacher & Bartlett for Stonepeak, with Hogan Lovells advising Boundary Street Capital.
In April 2023, Vestar closed a $1.2bn single-asset continuation vehicle for its stake in market research firm Circana, with Blackstone Strategic Partners and HarbourVest Partners leading the investment.
Bain Capitals investment aims to further strengthen Apleonas market position and expand its footprint across Europe. The transaction underscores Bains strategic focus on asset-heavy industries with resilient demand and stable cash flows.
Mubadala, which manages $330bn in assets, has established six private credit partnerships across the US, Europe, and Asia, including with Apollo Global Management and Blue Owl Capital.
US-based direct lender and private credit manager Golub Capital is setting up operations in Abu Dhabi, aiming to capitalise on the region’s growing financial landscape and its deep-pocketed wealth funds, according to a report by Reuters.
Cornell Capital, a US-based PE firm with $5.3bn of AUM and offices in New York and Hong Kong, has promoted Jennifer Cattier to Partner. Cattier joins Cornell Capitals Partner group which, following her promotion, will be comprised of seven partners across New York and Hong Kong.
January Capital, a Singapore-based asset management firm, has secured over $85m in initial investor commitments for a growth credit fund that will focus on the technology sector, according to a report by BNN Bloomberg. January Capital plans to raise up to $150m, with a final close expected in 2025.
Transom Capital Group has appointed Dana Goldstein to the newly created role of Head of Investor Relations and Marketing. Her experience, knowledge, and creativity are an asset to Transom’s limited partners, employees, and the future of our firm.” In her new position, Ms. With more than $1.5
In fact, it's probably a smart idea to take his perspective, at least with some assets. Buy assets when they are priced cheaply Buffett is a stickler for buying stocks at an appropriate valuation. In crypto, this equates to not buying assets when everyone is talking about them and sentiment is high. Start Your Mornings Smarter!
GIP, a private equity firm managing over $100bn in assets, owns stakes in Gatwick Airport and offshore wind projects. read more Private equity deal value surges to $639bn in 2024, amid rising valuations Global private equity and venture capital deal activity saw a 24.7% These centres link thousands of chips to power advancements.
His hedge fund, Pershing Square Capital, invests in high-quality businesses with stocks that Ackman feels have become mispriced relative to their intrinsic value. Brookfield spun off its asset management business last year, but it maintains a 73% ownership stake in it. Bill Ackman likes to focus on just a few companies at a time.
revenues have increased to 24% of our total revenue, up 500 basis points versus a year ago, as we capitalize on our continued rapid domestic market growth and the growing demand for our innovative products and depth of content. We also generated strong gains both in the U.S. and globally, with the U.S. dollar-denominated sports rights.
Main Street Capital (NYSE: MAIN) Q4 2024 Earnings Call Feb 28, 2025 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to the Main Street Capital fourth quarter earnings conference call. Image source: The Motley Fool. You may begin. for the quarter.
The deal, announced Tuesday, strengthens DWSs foothold in the alternative assets sector by providing first-look access to asset-based finance, direct lending, and other private credit transactions. DWS CEO Stefan Hoops emphasized that private credit is a critical offering for investors seeking exposure to real-economy assets.
New mid-sized businesses emerging in the Gulf are expected to create fresh lending opportunities for private credit firms in the region, initially in the hundreds of millions of dollars, according to Bloomberg UK, citing Golub Capital CEO, Lawrence Golub. Blue Owl and Hayfin Capital Management are also expanding their presence in the region.
A consortium of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, has agreed to take control of Alacrity. The acquisition was part of a $4.3bn long-term private capital strategy. Source: Benchmark Beat Can’t stop reading?
As a result, most pay out very generous distributions, which are similar to dividends, but much of the payout is considered a return of capital. times last quarter based on its distributable cash flow (operating cash flow minus capital expenditures for maintenance ). After reducing its growth capital expenditures (capex) to $1.6
This may be Wall Street's safest 11%-plus-yielding stock for 2025 Though there are well over 100 publicly traded companies currently yielding north of 10% on an annual basis, the one that could allow income seekers to sleep easy at night is little-known business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).
Buyout firm Energy Capital Partners (ECP) and its co-investors are edging closer to agreeing a deal for the $30bn sale of Calpine to Constellation Energy, according to a report by Reuters citing unnamed sources familiar with the matter.
A 13F provides investors an under-the-hood look at which stocks money managers with at least $100 million in assets under management (AUM) have been buying and selling. Though the reinsurance operations were the crown jewel of this buyout, General Re also owned a specialty investment fund known as New England Asset Management (NEAM).
GSAM has committed $150m of its own capital to the fund, which will primarily target senior lending opportunities but retain the flexibility to provide junior debt when needed. He noted a growing demand for Balbecs asset-based and specialty finance strategies as investors seek diversification.
Among the strongest contenders are KKR, Hong Kong-based infrastructure investor CKI, hedge fund Covalis Capital, and London-based Castle Water. CKI has reportedly expressed the most serious commitment, proposing a 7bn capital injection. Can`t stop reading?
The energy giant has an unrivaled asset base. The oil company's competitively advantaged asset base has enabled it to produce unrivaled earnings and returns compared to its peers in the oil patch. The company's disciplined investment approach and high-quality asset base drive those robust returns.
Other commitments included 200m ($205.8m) to Bridgepoint Development Capital V, focusing on Northern Europe, and 50m to Bridgepoints Marble Arch Albany V Co-Investment fund. In its real assets portfolio, NYSCRF earmarked $250m for Oaktree Capital Managements Power Opportunities Fund VII.
Secondly, and simultaneously, we continue to migrate our operating platform to an asset like configuration. debt to total capital ratio. In the very near future, the spin-off will be public and that will complete our now almost five-year migration to an asset light operating model. million shares for over $2 billion in cash.
This was the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission. Although no asset manager is more closely followed than Berkshire Hathaway CEO Warren Buffett, he's far from the only billionaire known for their investing prowess.
The deal, approved by MLB on Monday, provides the Giants with capital to upgrade Oracle Park, enhance training facilities, and support real estate development near the stadium. The Giants, owned by a syndicate of 35 investors led by Greg Johnson, join a growing number of professional sports franchises tapping private equity for capital.
Our third quarter performance reflects continued positive momentum in growing our businesses, increasing capital efficiency, and pivoting our product suite to address the investing, insurance and retirement needs of our customers and clients around the world. Our strategic progress and performance are backed by our financial strength.
On average, private assets are expected to make up 15% of the portfolio mix. BlackRocks private markets platform now competes head-to-head with alternative asset managers like Blackstone, KKR, Apollo, and Ares. The models are supported by iCapital and GeoWealth and are tailored for financial advisers serving retail clients.
The firm is looking to extend its role beyond investing client capital to managing funds for private equity and alternative asset managers, according to Chief Financial Officer Martin Small. This move follows BlackRocks $30bn expansion into private credit, financial data, and infrastructure assets in 2023.
Brookfield Asset Management is targeting at least $7bn for its fourth infrastructure debt fund, expanding one of the largest strategies in the sector. The fund focuses on real estate secondaries, acquiring stakes in mature funds, providing liquidity to limited partners, and recapitalising existing assets. Read more here.
He has an innate ability to allocate capital into investments that generate outsize returns for his shareholders. The company manages private equity and credit funds that invest capital on behalf of institutional investors (e.g., Warren Buffett is a masterful investor. The Motley Fool has a disclosure policy.
The private equity giant, managing $1 trillion in assets, is purchasing the stake from New Mountain Capital, Citrin Coopermans previous majority owner. This could mark Blackstones first investment in the accounting sector.
The private equity firm is negotiating the acquisition of the unit, which oversees approximately 400bn ($436bn) in assets, Bloomberg reports. Discussions have progressed significantly, and the deal could be completed in the coming weeks. Can`t stop reading?
BISS has already committed capital to key investments, including Strategic Venue Partners, a wireless infrastructure platform, and Origis Energy, a U.S. Brookfield sees strong potential for scaling this strategy further, driven by increasing demand for infrastructure capital amid global trends like decarbonization and digitalization.
Herb Myers, global co-head of real assets at Investcorp, highlighted the continued demand for industrial assets, noting that supply-chain evolution and e-commerce growth support long-term viability. real estate over the past five years, according to Real Capital Analytics. The acquisitions include 27 properties totaling 2.7
read more Sagard launches first private equity fund for retail investors Sagard, a global alternative asset manager, launched its first private equity fund designed for. read more Bain Capital acquires stake in leading automotive company Bain Capital has acquired a minority stake in an Indian auto components manufacturer.
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