Private Equity Wire

JULY 19, 2023

Secondary managers bullish on deal flow, says Investec survey Submitted 19/07/2023 - 10:56am Managers of private equity secondary funds are bullish on deal flow for the remainder of 2023 and have continued appetite for debt, despite soaring interest rates, according to a new research conducted by banking and wealth management group Investec.

Deal Flow 52

Deal Flow Finance Financing Debt 52

Private Equity Wire

NOVEMBER 28, 2024

UK sponsor-backed financing activity experienced a modest slowdown in Q3 2024, as ongoing M&A sluggishness and seasonal dynamics impacted deal flow, according to the latest data from global investment bank, Houlihan Lokey.

Leveraged Buyouts 93

Leveraged Buyouts Debt Buyout Deal Flow 93

The Motley Fool

FEBRUARY 23, 2024

Main Street Capital (NYSE: MAIN) Q4 2023 Earnings Call Feb 23, 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 Corporation fourth-quarter earnings conference call. Image source: The Motley Fool. Thank you, Mr. Vaughan.

Capital 130

Capital Securities and Exchange Commission (SEC) Asset Management Leveraging 130

Private Equity Wire

JANUARY 26, 2024

Benefit Street Partners (BSP), a credit-focused alternative asset manager with approximately $75bn in AUM and a subsidiary of Franklin Templeton Investments, has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7bn of capital.

Funds 98

Funds Deal Flow Debt Asset Management 98

The Motley Fool

FEBRUARY 9, 2024

Blue Owl Capital (NYSE: OWL) Q4 2023 Earnings Call Feb 09, 2024 , 8:30 a.m. Actual results may differ materially from those in forward-looking statements as a result of a number of factors, including those described from time to time in Blue Owl Capital's filings with the Securities and Exchange Commission. per share for the year.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

MAY 3, 2024

billion of transaction volume was driven by strong debt brokerage volume of $3.3 Our clients need capital, and our debt brokerage team did a fantastic job finding the appropriate capital for their needs. million premium write-off from the refinancing of acquired debt, and a $7.5 billion, up 40% year over year.

Debt 130

Debt Banks Assets Capital 130

This is going to be BIG.

FEBRUARY 21, 2021

Any VC will tell you that the ones they said yes to, they mostly got there right away—and that there are very few “maybe” deals that get tipped over the fence. Or that venture capital is a meritocracy? One, it usually implies that you’re going to start going cash flow negative to accelerate growth. That adds risk.

Venture Capital 190

Venture Capital Deal Flow Startups Capital 190

The Motley Fool

AUGUST 2, 2023

Rithm Capital (NYSE: RITM) Q2 2023 Earnings Call Aug 02, 2023 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Rithm Capital second quarter 2023 earnings conference call. and Rithm Capital wasn't one of them! Image source: The Motley Fool.

Capital 100

Capital Asset Management Assets Shareholders 100

Pension Pulse

JANUARY 10, 2024

According to Preqin data, global Private Debt AUM has grown from just $310 billion in 2010 to an estimated $1.5 Looking forward, some skeptics might argue that most of the post GFC period was a low interest rate and low default rate environment and that too much capital may have been attracted to the space.

Debt 59

Debt Investing Banks Assets 59

The Motley Fool

APRIL 24, 2024

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. We mentioned on our last call that we will remain nimble and opportunistic, ensuring we are well positioned to capitalize on opportunities as we uncover them.

Debt 130

Debt Leveraging Capital Finance 130

The Motley Fool

NOVEMBER 9, 2023

Blue Owl Capital (NYSE: OWL) Q3 2023 Earnings Call Nov 09, 2023 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to the Blue Owl Capital Corporation third quarter 2023 earnings call. billion, outstanding debt of $7.1 Image source: The Motley Fool.

Capital 100

Capital Private Equity Firms Private Equity Firms Leveraging 100

Private Equity Wire

FEBRUARY 26, 2024

The team will continue to partner with companies and businesses in need of transitional capital and provide flexible debt and non-control equity solutions to both private and public companies. The opportunistic credit team will be led by Aaron Rosen and Craig Snyder, who serve as Co-Portfolio Managers of special opportunities.

Deal Flow 75

Deal Flow Leveraging Public Companies Debt 75

The Motley Fool

JULY 24, 2024

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 net debt to recurring EBITDA, providing us with unparalleled optionality as we continue to execute on our pipeline. for the year.

Debt 130

Debt Capital Assets Asset Management 130

The Motley Fool

JULY 14, 2023

Our capital management strategy remains first to invest in our business and then to return excess cash to shareholders through a combination of dividends and share repurchases. In May, we capitalized on the improved conditions for debt issuance, issuing 1.25 billion of 10-year debt at a coupon of 4.75%.

Asset Management 130

Asset Management Assets Banks Debt 130

The Motley Fool

OCTOBER 23, 2024

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. As the markets have readjusted the changing expectations around inflation and employment, our cost of capital has improved significantly.

Capital 130

Capital Debt Leveraging Assets 130

The Motley Fool

FEBRUARY 8, 2024

billion in debt was at fixed rates and our net funded debt to annualized adjusted normalized EBITDA was 4.96 Our 2024 adjusted FFO guidance excludes any additional new investments or asset sales, as well as any additional capital transactions other than what was already mentioned. As of year end, 99% of our $5.1 per share.

Investors 130

Investors Assets Banks Capital 130

The Motley Fool

NOVEMBER 6, 2024

On the debt initiative, we are targeting a $2 billion reduction in long-term debt as part of that aspect of our plan. The overall deal is long-term accretive to FFO per share. We will be able to refinance high-cost debt at Washington Square and aggressively pursue redevelopment plans for Los Cerritos. Regarding holiday.

Debt 130

Debt Assets Portfolios Leveraging 130

The Motley Fool

OCTOBER 17, 2024

We also stated our belief that an easing of the cost of capital would be very positive for Blackstone's asset values and would be a catalyst for transaction activity, including deployment and ultimately, realizations, which in turn fuel fundraising. Turning to the recovery in commercial real estate.

Debt 130

Debt Management Fees Capital Assets 130

The Motley Fool

FEBRUARY 15, 2024

That type of rate volatility makes it exceedingly difficult for buyers and sellers of commercial real estate to establish pricing, determine their cost of capital, and compute an IRR on the sale or acquisition of an asset. Beginning with our capital markets segment on Slide 6.

Debt 100

Debt Finance Financing Banks 100

Pension Pulse

JULY 3, 2024

Rather than continuing to plough in capital, the investment team are now thinking more about comparing opportunities across assets and anticipating future trends. The typical four- to five-year tenor of a private debt deal means around 20 per cent of the portfolio is in perpetual motion. The portfolio generated a 9.6%

Portfolios 59

Portfolios Due Diligence Pension Funds Debt 59

Axial

SEPTEMBER 26, 2024

Matt Searles , Merritt Healthcare Advisors A significant challenge in healthcare is managing interest rate risk and sourcing capital to finance acquisitions Rob Chepak , TREP Advisors, LLC There are so many types of buyers that business owners need to understand early on in buyer conversations who they are talking to.

Deal Flow 52

Deal Flow Capital Finance Financing 52

The Motley Fool

JULY 26, 2023

This plays directly to our strengths and users strongly prefer high-quality office space in BBD locations with well-capitalized landlords. Given the current capital markets environment, we are lowering our 2023 disposition outlook to a total of 200 million, including assets sold to date. million at a combined 7% GAAP cap rate.

Prospects 130

Prospects Debt Law Firms Banks 130

The Motley Fool

OCTOBER 11, 2024

And as long observed in markets, information about capital has become almost as important as capital itself. Nonoperating results for the quarter included $108 million of net investment gains, driven primarily by gains linked to a minority investment and unhedged seed capital investments. Earnings per share of $11.46

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

MAY 3, 2024

billion in debt was at fixed rates. And our net funded debt to annualized adjusted normalized EBITDA was 5.03 Our 2024 adjusted FFO guidance does not include any additional new investments or asset sale, as well as any additional capital transactions, other than what was already mentioned. At March 31, 99% of our $5.1

Investors 130

Investors Assets Capital Portfolios 130

The Motley Fool

MAY 9, 2024

Operating cash flow decreased to a use of $31 million from a use of $6 million in the prior-year quarter due to increased ANR investment and timing of working capital items. Free cash flow decreased to a use of $57 million from a use of $41 million in the prior-year quarter. Our weighted average cost of debt was 4.5%

Bidding 130

Bidding Capital Banks Legal 130

The Motley Fool

NOVEMBER 7, 2024

The combination of strong growth and operating margin expansion a material reduction in SBC and the return of capital via buybacks has driven a 56% year-over-year increase in free cash flow per share this quarter. Free cash flow margin was 17.3%, up 480 basis points year over year. Net debt to adjusted EBITDA improved to 2.3

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Accounting Debt 130

The Motley Fool

JANUARY 12, 2024

On to balance sheet and capital on Page 4. We ended the quarter with a CET1 ratio of 15%, up 70 basis points versus the prior quarter, primarily driven by net income, OCI gains, and lower RWA, partially offset by a continued modest pace of capital distributions as the firm builds toward the proposed Basel III endgame requirements.

Banks 130

Banks Capital Assets Investment Banks 130

The Motley Fool

FEBRUARY 27, 2024

We continue to experience healthy deal flow, which helped offset the margin impact of our system integration, which we estimate was approximately 130 basis points in the quarter. Total debt was $292.7 million of operating cash flow, and we invested $175.6 Gross profit increased 6.3% million, representing a 30.2%

Banks 130

Banks Capital Finance Financing 130

The Motley Fool

APRIL 12, 2024

The rebound in Banking gained speed during the quarter, led by near-record levels of investment-grade debt issuance as improved market conditions enables issuers to pull forward activity. billion in capital to our common shareholders, and that includes $500 million through share buyback. During the first quarter, we returned $1.5

Banks 130

Banks Assets Mergers and Acquisitions Investment Banks 130

The Motley Fool

JUNE 7, 2024

Here's this big front-page article in the Wall Street Journal talking about the Sreit potentially running out of money, and equity investors sitting there going, what's new to that story, in the sense that unless you start selling assets to raise capital, unless your redemption queue falls off, or you stop repaying on redemptions.

Assets 130

Assets Capital Asset Management Companies 130

The Motley Fool

AUGUST 27, 2024

Importantly, Citi Trends remains in a healthy financial position, with strong liquidity and no debt, allowing us to execute the foundational work necessary for future growth and profit acceleration. At the same time, we're swiftly capitalizing on two distinct opportunities. Now, turning to the balance sheet.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Consulting Consultants 130

The Motley Fool

JULY 27, 2023

Our continued focus on delivering profitable growth and prudently managing our capital allocation combined to drive double-digit growth in adjusted earnings per share this quarter. Additionally, in May, we launched a conversational AI assistant called ChatIQ on Capital IQ Pro Labs for internal testing.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

The Motley Fool

AUGUST 8, 2023

We deploy capital to build new stores. We also provide financing to help IOs with new store start-up costs, and we offer cash flow support as needed during the early years as stores ramp. We are continually reinvesting capital to upgrade fixtures, implement new technology and deliver tools that help IOs grow sales and profit.

Deal Flow 100

Deal Flow Banks Education Debt 100

The Motley Fool

AUGUST 29, 2024

Additionally, in order to give us more runway for the initiatives we've been pursuing, we decided to extend the maturity of our debt to August 2028. The number of joint deals in our pipeline being worked between us and CDW partners has increased from zero to over 60 deals over just the last two quarters. Thanks for your help.

Leveraging 130

Leveraging Debt Finance Deal Flow 130

Private Equity Wire

JUNE 27, 2023

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. In March, Permira made a final close of its latest flagship buyout fund, Permira VIII with total capital commitments of €16.7bn.

Buyout 52

Buyout Bidding Leveraging Deal Flow 52

Udu

MAY 31, 2023

This could lead to a decrease in this type of buyout, as buyers may not be able to finance their acquisitions with debt. The venture capital space is particularly attractive for investors as companies in AI, machine learning , and emerging tech often have high growth potential.

Leveraged Buyouts 52

Leveraged Buyouts Private Equity Firms Private Equity Firms Buyout 52

The Motley Fool

NOVEMBER 7, 2023

My comments today will seek to provide insights into our quarterly business performance, insights into our capital allocation priorities, early insights into integration and synergy tracking as well as views on overall guidance for the remainder of the year. Shifting to cash flow. million and free cash flow was $28.9 million.

Mergers and Acquisitions 100

Mergers and Acquisitions Securities and Exchange Commission (SEC) Capital Amortization 100