Private Equity Wire

JANUARY 12, 2024

As they do so, big players including Apollo Global Management, Ares Management and Tikehau Capital are expected to step in to acquire those secondary stakes.

Debt 98

Debt Deal Flow Asset Management Stakes 98

The Motley Fool

AUGUST 4, 2023

Main Street Capital (NYSE: MAIN) Q2 2023 Earnings Call Aug 04, 2023 , 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 second-quarter earnings conference call. and Main Street Capital wasn't one of them!

Capital 147

Capital Asset Management Securities and Exchange Commission (SEC) Assets 147

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 Financing Finance Debt 52

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

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 Deal Flow 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

Private Equity Wire

DECEMBER 5, 2024

Firms have adopted measures such as hedging strategies (74%), fixed-rate debt products (55%), and debt maturity management (47%) to mitigate the impact. Recent rate cuts have already led to increased deal activity, but further reductions are needed to sustain this momentum.”

Professional Services 97

Professional Services Deal Flow Debt Financing 97

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

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 180

Venture Capital Deal Flow Startups Capital 180

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

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 Financing 130

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 Private Equity Firms 59

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

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

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

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.

Debt 130

Debt Capital Leveraging Assets 130

The Motley Fool

APRIL 18, 2024

We've stated before that short-term movements in stock and bond markets impact capital flows in this channel. But ultimately, flows follow performance as well as innovation as we're seeing now. The firm itself could not be in a stronger position with minimal net debt and no insurance liabilities, allowing us to distribute $4.7

Assets 130

Assets Debt 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 Assets Financing 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

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

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

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 Financing Finance 52

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 Mutual Funds 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

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 Financing Finance Banks 100

Pension Pulse

MAY 8, 2024

Fair enough, Asia is a tough place to do business, not just for CDPQ but for other large Canadian pension funds disappointed with the deal flow and more the size of the deals coming out of there. I consider this deal energy transition as well and we are talking billions being deployed.

Pension Funds 64

Pension Funds Financing Finance Deal Flow 64

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 Banks Capital Legal 130

Pension Pulse

JANUARY 12, 2024

It will develop innovative new strategies where our clients are looking to allocate capital in their portfolios, and it will help us better respond to client demand for customized solutions.” BlackRock has a broad network of global corporate relationships as a long-term investor in both their debt and equity.

Pension Funds 59

Pension Funds Debt Exchange-Traded Funds Assets 59

Pension Pulse

APRIL 25, 2024

Big buyers of the senior tranche — typically more than 60 per cent of the instrument’s structure — had backed off for a while, given their ability to lock in rich yields from more vanilla debt instruments. As deal flow increases, “we’ll get to a more natural balance and you won’t have lenders having to do silly things,” he said.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Pension Pulse

MAY 14, 2024

The inflows have helped a slew of hedge funds and other money managers, including GoldenTree Asset Management, Sculptor Capital Management, Carlyle Group Inc. CLO equity — a small slice of the resurgent market for CLOs that bundle leveraged loans into bonds with varying safety ratings — is actually a form of deeply subordinated debt.

Pension Funds 59

Pension Funds Collateral Funds Hedge Funds 59

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

FEBRUARY 15, 2024

We have also strategically allocated resources to the commercial side of our business to capitalize on opportunities within key verticals. Effective sales and service staffing levels help us capitalize on continued demand and deliver solid results for the year. Operator Our next question is from Ashish Sabadra with RBC Capital Markets.

Leveraging 130

Leveraging Taxes Capital Banks 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 Banking 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 Mergers and Acquisitions Assets Investment Banking 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 Asset Management Capital Companies 130