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Importantly, this strong performance flows through to our bottom line as we reach an inflection point in our operating leverage earlier than anticipated. We made a strong start into leveraging our existing partnerships with global operators entering the market while expanding ties with local operators seeking additional capabilities.
Investor preferences have shifted toward larger asset managers with diversified strategies or niche specialists, making fundraising more competitive. times invested capital. The London-based private equity firm expects to launch fundraising in the second quarter of 2025 and targets a first close by year-end.
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.
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. By and large, this structure has been eliminated, and MLPs are generally in better financial shape as a result, carrying less leverage and being able to grow their business through free cash flow.
Linden Capital Partners has held a final close of its second structured capital fund, Linden Structured Capital Fund II LP (SCF II), with $400 million in capital commitments. Lindens earlier structured capital fund closed in July 2011 with $355 million of capital commitments.
And with ROIC ending 2024 at 11%, comfortably above our cost of capital, we are already delivering long-term value for our shareholders as we lay the foundation we'll build upon in 2025 and beyond. million guest visits in 2024, we believe we have a meaningful opportunity to expand and capitalize on this strategic advantage.
Certain more stable economies within Europe, such as the UK, the Nordics and Germany [have become] a focal point for private capital providers, he said. In December, Goldman Sachs Asset Management’s investment division agreed to acquire Dutch drugmaker Synthon for over 2bn from UK buyout firm BC Partners.
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.
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.
Investcorp plans to support Epipolis expansion by leveraging its expertise and resources to drive operational efficiencies and market growth. 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.
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.
The most attractive feature of real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY) is its humongous 13.7% What does Annaly Capital do? It's fairly easy to understand what property owning REITs do: They buy physical assets and lease them out to tenants. dividend yield. Image source: Getty Images.
This partnership allows us to expand our servicing portfolio in a capital-efficient manner. There's no additional acquisition costs for clients in our ecosystem, creating even more operating leverage. The ability to leverage technology is crucial to scale, drive profitable growth, and adapt to market shifts.
The strategy reached $1.8bn in investable capital at first close, positioning AlbaCore to expand its footprint in the European private credit space. The strategy reached $1.8bn in investable capital at first close, positioning AlbaCore to expand its footprint in the European private credit space. Can`t stop reading?
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.
Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world. Source: The National News Can’t stop reading?
These regions have become focal points for private capital providers, said Neil Barlow, a partner at Clifford Chance. US-based PE firms have been particularly active, leveraging the strong dollar to acquire undervalued assets. However, challenging market conditions have made exits and listings difficult.
The company, co-owned by the Issa brothers and private equity firm TDR Capital, plans to list later this year in one of the largest retail IPOs in recent memory. Rapid growth through acquisitions, backed by TDR Capital since 2015, has helped EG Group become a dominant player in its sector.
These funds, which saw rapid growth between 2019 and 2021, provide fresh capital to high-potential assets, ensuring continued value creation. By leveraging their expertise and resources, firms like Audax Private Equity have implemented operational initiatives that have driven recovery, even in challenging industries.
Former Blackstone Executive Mustafa Siddiqui has launched SQ Capital, a newly established private equity secondaries firm, with the goal of tapping into the growing demand for liquidity in the middle-market sector, according to a report by Wall Street Journal.
Secondly, and simultaneously, we continue to migrate our operating platform to an asset like configuration. reflecting our lower volume and lower average sales price leverage. debt to total capital ratio. Additionally, it has driven consistent and dependable cash flow even with variable bottom-line results.
Lower interest rates are expected to further fuel leveraged buyouts, setting the stage for an active 2025, Deloitte reported. Restructuring will be a key driver of South Koreas M&A landscape as companies divest non-core assets and cash-generating units to strengthen financial stability. increase from the previous year.
The Vistria Group has closed its largest private equity fund to date, Vistria Fund V, with $3bn in total capital commitments. The firm now manages nearly $16bn across its funds and co-investment vehicles, more than doubling its assets under management in just over three years. Source: PR Newswire Can’t stop reading?
The company's midstream assets generate very stable cash flow. Fee-based contracts with Occidental and other customers support 95% of its gas infrastructure and 100% of its crude oil assets, protecting it from commodity price exposure. The MLP expects its leverage ratio to end the year at 3 times, down from 3.7
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.
He noted a growing demand for Balbecs asset-based and specialty finance strategies as investors seek diversification. Balbec has deployed more than $23bn globally since its inception in 2010, focusing on delivering risk-adjusted returns across asset-based credit strategies. The fund has already called 51% of capital commitments.
Ares Management has successfully raised 30bn for its private direct lending strategy, marking the largest fundraise in the firms history for this asset class. Ares will deploy the capital across a wide range of industries, targeting sectors with strong growth potential.
Dividend payers display a history of positive cash flows, good capital management, and steady growth, making them solid choices for investors. Ares Capital Corporation (9.34% yield) Ares Capital Corporation (NASDAQ: ARCC) provides financing to middle-market companies that have been neglected by big banks over the past several decades.
Led by our employees' commitment to operational excellence and capital discipline, we outperformed on oil, natural gas, and NGL volumes for the quarter, as well as beating expectations on per-unit cash operating costs. And it reflects our confidence in the increasing capital efficiency of our business going forward. We generated $1.6
The firm reported a 17% increase in assets under management (AUM) in its Friday earnings release, reaching $464bn in the third quarter, as strong demand for US direct lending and strategic private equity acquisitions fuelled growth. net), while real assets posted modest gains, with US real estate equity delivering 1.3%.
We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. Leverage provides the opportunity to generate higher returns if the price increases.
Under Naxicaps ownership, the three companiesVuWall, G&D, and Tritecwill collaborate to leverage shared technology, workforce, and market presence. Read more Stonepeak acquires Boundary Street Capital to expand credit offerings Stonepeak, a global investment firm managing $72bn in assets, has acquired Boundary Street.
Warburg Pincus, a leading private equity firm managing approximately $86bn in assets, has no immediate plans to pursue an initial public offering (IPO), according to a report by Reuters quoting CEO Jeffrey Perlman at the Reuters NEXT conference in New York on Tuesday. The industry bought a lot in 2021. It was a tough vintage, Perlman said.
OrderYOYO has grown rapidly by leveraging its advanced technology, data-driven market approach, and targeted acquisitions in the UK and Germany. The company processes over 16 million orders annually and has significantly improved profitability, increasing its EBITDA margin from 0.5% in 2021 to 17.6%
Carnelian Energy Capital, the private equity owner of Ridgemar Energy, is exploring the sale of the US-based oil and gas producer, aiming for a valuation exceeding $1bn, including debt, according to a report by Reuters. Likewise, Point Energy Partners, supported by Vortus Investments, sold assets to Vital Energy and Northern Oil and Gas.
In late 2024, Wendel Group acquired a majority stake in Monroe Capital , and Third Point (Dan Loebs hedge fund) acquired AS Birch Grove. In late 2023, TPG bought Angelo Gordon , and going even further back, Eldridge Industries acquired a majority stake of Maranon Capital in 2019. trillion by 2030. [2]
The recent dividend cut at the Brookfield Real Assets Income Fund (NYSE: RA) led to a significant fall in the share price and called into question the sustainability of dividends in many closed-end funds. Not only do many of them come with mid-teens yields right now, but they tend to invest in a myriad of assets, which helps diversify risk.
Enbridge currently gets 98% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) from stable cost-of-service or contracted assets. The company currently boasts an investment-grade credit rating backed by a leverage ratio toward the low end of its 4.5-5.0 times target range. billion). billion-$6.6
Adding an accelerant Brookfield Renewable and some partners (its parent, Brookfield Asset Management , and Singapore's state investment company Temasek) recently struck a deal to acquire a majority stake in Neoen from some of its largest shareholders. gigawatts (GW) of assets in operation or under construction. Neoen currently has 8.3
MidOcean Partners has closed its inaugural MidOcean CLO Equity Fund I with $304m in capital commitments, surpassing its $300m target, having received support from both existing clients and new investors.
The only caveat is this telecom giant is primarily using share repurchases in its capital-return program, something that's practically non-existent recently at Verizon and AT&T. T-Mobile's massive capital-return program could prove even better for shareholders than big cash dividends from its competition.
With the Private Capital Summit Europe 2025 just three months away, Aftab Bose, Private Equity Wire’s Head of Content, outlines why next year’s flagship European event is a ‘must-attend’ for GPs and LPs alike… What is the aim of the Private Capital Summit Europe 2025? Learn more about the Private Capital Summit Europe 2025
The sector has gone through a transformation in the past decade, with midstream companies reducing leverage and being more disciplined when it comes to funding growth projects. Even better, the company has said it could pay excess distributions once its leverage is below 3 times and it has excess free cash flow.
Trust in superior capital allocation Capital allocation in the oil space can be difficult because a company's survival is often prioritized over shareholder profits. That is, they acquire all sorts of additional assets that may not have the same return profile as the original well -- potentially squandering the original golden goose.
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