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CPP Investments' Andrew Edgell on Private Debt's Next Stress Test

Pension Pulse

According to Preqin data, global Private Debt AUM has grown from just $310 billion in 2010 to an estimated $1.5 With this context as a backdrop, we chatted with Andrew Edgell, Senior Managing Director & Global Head of Credit Investments at CPP Investments about how he sees private debt faring in the credit cycle ahead.

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Warner Music Group (WMG) Q2 2024 Earnings Call Transcript

The Motley Fool

Our goal continues to be to deliver operating cash flow conversion of 50% to 60% over a multiyear period, which we expect to achieve for full year 2024. As of March 31, we had a cash balance of $587 million, total debt of $4 billion, and net debt of $3.4 Our weighted average cost of debt was 4.5% I have two.

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Agree Realty (ADC) Q3 2024 Earnings Call Transcript

The Motley Fool

In addition, we discuss non-GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, and net debt to recurring EBITDA. times pro forma net debt to recurring EBITDA. Proforma for the settlement of our outstanding forward equity, net debt to recurring EBITDA was approximately 3.6

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Rolling with the punches

Private Equity Wire

A new survey of investors and deal advisers conducted by Private Equity Wire found high asset prices were the number one challenge when considering tech firms. The last 12 months’ highs of stock prices are dropping, and equity fund managers are pressuring companies to accept bids at reasonable premiums,” he says.

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CalPERS CIO Nicole Musicco on Bloomberg Wealth

Pension Pulse

gain, helped by stocks and private debt: CalPERS swung to a 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. on private debt, as private equity slipped 2.3%, real assets dropped 3.1% The results were mixed.

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Highwoods Properties (HIW) Q2 2023 Earnings Call Transcript

The Motley Fool

Our $518 million development pipeline will generate meaningful NOI as it delivers and stabilizes and our balance sheet is strong with ample liquidity to fund the remainder of our development spending and all debt maturities until 2026. 1 bullet in terms of either paying down debt or funding development, etc.? That's really helpful.

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Omega Healthcare Investors (OHI) Q4 2023 Earnings Call Transcript

The Motley Fool

billion in debt was at fixed rates and our net funded debt to annualized adjusted normalized EBITDA was 4.96 And one other question about the debt investments, though, $167 million, and we are discussing the makeup between the loan and acquisition volumes. As of year end, 99% of our $5.1 So, let me try to address them all.

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