Private Equity Wire

OCTOBER 25, 2024

KKR & Co reported robust third-quarter earnings on Thursday, driven by record transaction fees in its capital markets division, surpassing Wall Street expectations, with net income increasing by 57% to $1.24 billion, or $1.38 per hare ahead of analyst forecasts $1.20, according to a report by Bloomberg. KKR’s stock rose by 2.5%

Capital 104

Capital Management Fees Financing Finance 104

The Motley Fool

AUGUST 1, 2024

Blue Owl Capital (NYSE: OWL) Q2 2024 Earnings Call Aug 01, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to Blue Owl Capital second-quarter 2024 earnings call. Should you invest $1,000 in Blue Owl Capital right now? We also raised $2.2

Capital 130

Capital Mergers and Acquisitions Management Fees Asset Management 130

The Motley Fool

AUGUST 9, 2024

Main Street Capital (NYSE: MAIN) Q2 2024 Earnings Call Aug 09, 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 second quarter earnings conference call. Should you invest $1,000 in Main Street Capital right now?

Capital 130

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

This is going to be BIG.

JULY 8, 2013

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.". You can''t crowdfund a fund.

Venture Capital 167

Venture Capital Capital Crowdfunding Hedge Funds 167

The Motley Fool

OCTOBER 31, 2024

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.

Liabilities 130

Liabilities Assets Capital Shareholders 130

The Motley Fool

MAY 10, 2024

Main Street Capital (NYSE: MAIN) Q1 2024 Earnings Call May 10, 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 first-quarter earnings conference call. Should you invest $1,000 in Main Street Capital right now?

Capital 130

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

The Motley Fool

JUNE 28, 2024

This is a common arrangement in the cannabis space, primarily because it enables the operator to use more capital to run the actual business. The company took on some costs for property management fees it had to pay for properties it took back possession of, as well as costs associated with reclassifying leases on two properties.

Legal 244

Legal Financial Institutions Investment Horizon Management Fees 244

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

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

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

JANUARY 9, 2024

The transaction will allow American Tower to strengthen its balance sheet while enabling Brookfield Asset Management and its infrastructure-focused affiliate Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) to deploy capital into a deal that should grow their cash flow.

Asset Management 130

Asset Management Assets Leveraging Debt 130

The Motley Fool

JULY 23, 2024

Anyone can hire a financial planner, even for a few hours of advice, even if you have no savings and are struggling with debt. Financial planners aren't just for managing investments -- they can help you with the fundamentals of budgeting and building an emergency savings fund. Financial planners are not just for "rich" people.

Finance 130

Finance Financing Startups Debt 130

The Motley Fool

JANUARY 22, 2025

That enabled the REIT to sidestep some of the headwinds of higher interest rates, which made it more challenging to complete accretive property purchases funded with externally sourced capital (i.e., stock sales and new debt). The REIT also revealed a plan late last year to tap the massive private capital market.

Management Fees 130

Management Fees Capital Debt Banks 130

The Motley Fool

MARCH 29, 2024

Using debt to buy Bitcoin MicroStrategy pivoted in the last few years from a niche software business to using all its capital and taking on massive amounts of debt to purchase Bitcoin. Earlier this month, it raised more convertible notes -- $600 million worth -- to increase its debt-fueled bet on Bitcoin.

Exchange-Traded Funds 100

Exchange-Traded Funds Debt Management Fees Stakes 100

The Motley Fool

AUGUST 3, 2023

The other major initiative is to continue improving our capital structure. We have now lowered our net debt plus preferred metric for five straight quarters and on a path to get to seven x by year-end and further delevering in 2024. The revolver is our only debt that is not hedged or fixed. Series A preferred stock.

Securities and Exchange Commission (SEC) 130

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

The Motley Fool

AUGUST 17, 2024

They can use their growing earnings to increase shareholder value through capital investments, acquisitions, share repurchases, dividend payments, and debt reduction. in management fees each year. As the economy expands, the large companies that comprise this fund should grow their earnings.

Exchange-Traded Funds 130

Exchange-Traded Funds Management Fees Shareholders Funds 130

The Motley Fool

OCTOBER 30, 2024

On the capital markets front, we made significant progress toward the advancement of our bitcoin strategy. Andrew will provide further details on our capital markets and bitcoin purchase activity for this quarter. One, debt financing. In September, we raised $1.1 As a result, all of our Bitcoin holdings are now unencumbered.

Leveraging 130

Leveraging Shareholders Debt Capital 130

The Motley Fool

APRIL 24, 2024

A study by Personal Capital found that these TikTok users not only look to TikTok contributors for advice, but only 4 in 10 of them fact-check the financial advice they're given. Instead, they should die with the debt. Some recommend that borrowers not repay the money. And the really stinky part?

Taxes 130

Taxes Education Management Fees Accounting 130

The Motley Fool

JANUARY 29, 2024

Moreover, index-tracking ETFs tend to come with no transaction fees and absolutely minimal annual management fees -- in the spirit of Jack Bogle. Like any other ETF, you buy and sell them in the same manner as you would trade any ordinary stock.

Investing 230

Investing Exchange-Traded Funds Assets Prospects 230

The Motley Fool

OCTOBER 11, 2024

The combination triples infrastructure AUM and doubles private markets run-rate management fees. And as long observed in markets, information about capital has become almost as important as capital itself. This was due to the relative outperformance of lower fee U.S. Our partnership with Microsoft and MGX.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

FEBRUARY 2, 2024

Orange County, and Atlanta, both underperformed mainly for reasons related to bad debt, skips and evictions, and fraud. Orange County will come primarily from a reduction in bad debt as we repopulate many of our vacant units with residents who actually pay their rent. yield after management fees and actual capex and generated a 10.6%

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

MAY 1, 2024

During the quarter, we made substantial progress in shifting our business mix and growing our market-leading businesses to become a higher growth, more capital efficient, and nimble company. We achieved these milestones while continuing to pivot away from more capital-intensive and lower-growth businesses. Turning now to Slide 4.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Liabilities Assets Capital 130

The Motley Fool

AUGUST 8, 2024

That's generally all the equity capital that this individual vehicle ever raises. It's like a private equity that retail investors can invest in because they also take on debt, they can do things like preferred shares, which are really more like debt than they are like stock, even though it's called preferred shares.

Hedge Funds 130

Hedge Funds Leveraging Prospects Capital 130

The Motley Fool

NOVEMBER 5, 2024

At the same time, we are making progress toward the establishment of a private capital fund, which I'll touch on later in this call. billion in investments, which is fully funded as we are vigilantly focused on deploying capital into high-quality opportunities that meet our risk-adjusted return requirements.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

JULY 12, 2024

billion or 21%, largely driven by higher investment banking revenue and asset management fees. Onto balance sheet and capital on Page 3. We ended the quarter with a CET1 ratio of 15.3%, up 30 basis points versus the prior quarter, primarily driven by net income, largely offset by capital distributions and higher RWA.

Banks 130

Banks Capital Finance Financing 130

The Motley Fool

OCTOBER 31, 2024

First, as of September 30, 2024, total net investments, that is our entire publicly traded investment portfolio plus cash minus debt, summed up to $30.3 We think given our valuation, capital position, and capital allocation alternatives, that repurchasing shares makes sense, and as such we are doing so. in outstanding shares.

Liabilities 130

Liabilities Performance Fees 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 Finance Financing Banks 100

The Motley Fool

APRIL 12, 2024

On to balance sheet and capital on Page 3. We ended the quarter with a CET1 ratio of 15%, relatively flat versus the prior quarter, reflecting net income which was predominantly offset by higher RWA and capital distribution. In Advisory, fees were down 21% driven by fewer large completed deals. In terms of the outlook.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Investment Banking Investment Banks 130

The Motley Fool

FEBRUARY 27, 2024

Two, increasing our annual dividends declared each year since inception in 2016; three, committing capital totaling $119.5 I would note that these growth results were achieved during a time when we strategically determined to reduce our investigate increase cost of capital. No variable rate debt, no debt maturities until May 2026.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

OCTOBER 21, 2024

But there are some companies which aren't really generating much revenue at all, but they're in these incipient industries, often high tech, where if the business can survive the first couple of years and gets the capital it needs. This is debt. I don't want to analyze debt securities. I don't want to analyze debt securities.

Capital 130

Capital Portfolios Returns Funds 130

The Motley Fool

FEBRUARY 7, 2024

The fourth quarter capped a productive year of continued transformation to make Prudential a higher growth, more capital-efficient, and more nimble company. Over the course of 2023, we executed several attractive transactions adding to our capital efficiency. Turning to Slide 3. Turning to Slide 5.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

MAY 28, 2024

But if you buy them back at too expensive of a price, it's not a particularly good use of capital. All of the money that they're using for share buybacks is invested capital into the company. So they are making a choice, and you want your CEOs, your executives to be good stewards of capital. Ricky Mulvey: Yes, he did.

Taxes 130

Taxes Accounting Education Shareholders 130

The Motley Fool

JANUARY 16, 2025

We also ended with $201 billion of regulatory CET1 capital and a CET1 ratio of 11.9%, leaving us nearly 115 basis points of excess capital as we begin 2025. All of the success and balance sheet strength allowed us to deliver more capital back to our shareholders. They're liquid and seeing good productivity. requirement.

Banks 130

Banks Leveraging Capital Accounting 130

The Motley Fool

JULY 14, 2023

From early April, clients stood on the sidelines as the debt ceiling played out, and we continued to experience very low levels of volatility throughout the quarter. In banking, the momentum in investment-grade debt has spread into other DCM products. Let me end with capital. Then I will turn to the results of each segment.

Banks 130

Banks Capital Investment Banks Investment Banking 130

The Motley Fool

OCTOBER 11, 2024

On to balance sheet and capital on Page 3. flat versus the prior quarter as net income and OCI gains were offset by capital distributions and higher RWA. IB fees were up 31% year on year and we ranked No. In advisory, fees were up 10% benefiting from the closing of a few large deals. billion with pre-tax margin of 33%.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130

The Motley Fool

JANUARY 15, 2025

We returned $25 billion of capital to shareholders. We've been actively returning excess capital over the past five years, and that has resulted in average common shares outstanding decreasing by 21% since fourth quarter 2019. Turning to capital and liquidity on Slide 10. We maintained a strong balance sheet.

Banks 130

Banks Assets Investment Banking Investment Banks 130