The Motley Fool

OCTOBER 23, 2024

Operator instructions] I will now turn the conference over to Reuben Treatman, senior director of corporate finance. Reuben Treatman -- Director, Corporate Finance Thank you. Frankly, they're prohibitive on a number of projects, specifically if the tenant can't absorb it on an STNL deal. Please go ahead, Reuben.

Debt 130

Debt Capital Leveraging Assets 130

The Motley Fool

JULY 24, 2024

I would now like to turn the conference over to Reuben Treatman, senior director of corporate finance. Reuben Treatman -- Director, Corporate Finance Thank you. Reuben Treatman -- Director, Corporate Finance Operator, are you there? Reuben Treatman -- Director, Corporate Finance All right. Please go ahead, Reuben.

Debt 130

Debt Capital Assets Asset Management 130

The Motley Fool

OCTOBER 17, 2024

Importantly, private credit markets are expanding rapidly beyond financing M&A, and we're seeing a dramatic increase in demand for all forms of investment-grade private credit, including from many of the largest insurance companies and institutions in the world. We've done some in fund finance with some banks. Jonathan D.

Debt 130

Debt Management Fees Assets Finance 130

The Motley Fool

FEBRUARY 15, 2024

Revenues benefited from a stronger gain on sale margin compared to the same quarter last year due to the mix of transaction activity that was weighted more heavily toward agency financing volume this quarter. We have a fantastic business model that generates strong cash flow, and we ended the year with $329 million of cash on hand.

Debt 100

Debt Finance Financing Banks 100

The Motley Fool

FEBRUARY 9, 2024

We intend to launch a strategy focused on triple net lease in Europe, driven by deal flow we already see today. I'd like to end with a couple of comments on tax rates and FRE margins to set the stage for 2024 and beyond. On taxes, the headline here is we expect our effective tax rate to be lower for longer.

Capital 130

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

The Motley Fool

NOVEMBER 5, 2024

Deal flow is very strong, and we believe that we are still the best partner in the industry. Our effective GAAP tax rate during the quarter was 28.6%, an increase over the effective tax rate in the third quarter of 2023 of 18.6%. We continue to expect a normalized tax rate of about 32%. million or $0.24

Taxes 130

Taxes Accounting Consultants Consulting 130

The Motley Fool

APRIL 12, 2024

We fully integrated our financing and securitization capabilities within our Markets business, and we started to see the benefits of having a unified spread product offering for our clients. And our investment bank and commercial bank are going to be closely coordinated to harvest the deal flow around the world.

Banks 130

Banks Mergers and Acquisitions Assets Investment Banks 130

The Motley Fool

AUGUST 3, 2023

The tax-efficient net unrealized gain on our equity portfolio now stands at $5.4 Our effective tax rate for the first half of 2023 was 21%, compared to 22% in the same period last year. billion for the year, up 7% from last year, while generating pre-tax operating income, $325 million. billion, compared to $4.2

Liabilities 100

Liabilities Asset Management Shareholders Capital 100

The Big Picture

JULY 2, 2024

Eva Shang co- founded Legalist while she was in Harvard and then subsequently dropped out with her co-founder to launch what essentially became an alternative credit fund that specialized in litigation financing along with two other types of credit related to litigation outcomes. And we were like, okay, so what should we do?

Legal 59

Legal Hedge Funds Finance Financing 59

The Motley Fool

AUGUST 8, 2023

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. Our buyers are doing a fantastic job partnering with suppliers, and we are seeing healthy deal flow across categories. We deploy capital to build new stores.

Banks 100

Banks Deal Flow Education Debt 100

The Motley Fool

AUGUST 2, 2023

As we look forward, deal flow is significant. From a financing perspective, the transaction will be funded with cash and liquidity on our balance sheet. On the mortgage company side, total pre-tax income for the -- in the quarter. The investment opportunities we're seeing are very, very attractive. share price.

Capital 100

Capital Asset Management Assets Shareholders 100

The Motley Fool

JANUARY 12, 2024

Asset and wealth management reported net income of 925 million with pre-tax margin of 28%. But having said that, I think we're seeing a bit of pickup in deal flow, and I would expect the environment to be a bit more supportive. And then to complete our lines of business, AWM on Page 8. Revenue of 4.7

Banks 130

Banks Capital Assets Investment Banks 130

The Motley Fool

JULY 27, 2023

This strength is offset somewhat by a softer environment for bank loans and structured finance. As a reminder, market issuance can differ materially from billed issuance with divergence this year driven by declines in unrated debt and sovereign international public finance, which don't impact billed issuance. And then, U.S.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

The Big Picture

OCTOBER 31, 2023

I’m I’m thinking about the tax consequences of what you just said. I was 00:37:42 [Speaker Changed] Just thinking of the, the tax consequences of having to sell the privately held shares out into the market and then someone else in the same, under the same roof goes out and buys those publicly shares.

Hedge Funds 65

Hedge Funds Mutual Funds Funds Due Diligence 65

Axial

JANUARY 23, 2025

Last year resulted in a record-breaking year for deal volume on Axial, with 10,735 deals coming to market in 2024 a 7.8% The increase happened largely in the second half of the year, with both Q3 and Q4 resulting in 26% and 15% higher deal flow than the same periods in 2023, respectively.

Investment Banks 59

Investment Banks Investment Banking Banks Mergers and Acquisitions 59

Axial

OCTOBER 26, 2023

Technology ranked 4th in deal flow but had the highest average pursuit rate, 8.76%, of all sectors. See below for the full Q3 deal activity overview on the Axial platform, and for a more detailed breakdown by industry, check out The SMB M&A Pipeline: Q3 2023.

Investment Banks 52

Investment Banks Investment Banking Banks Mergers and Acquisitions 52

The Motley Fool

JULY 31, 2023

So, I think that we have not changed our underwriting standards, and we are seeing some good deal flow. On the financing question, Cary, are there any minimum bite sizes when you guys call the senior notes? Joe Craft -- Chairman, President, and Chief Executive Officer And future opportunities for cash flow. Good morning.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Debt Deal Flow 130

Pension Pulse

MAY 8, 2024

Transition finance — investments in heavy-emitters’ plans to reduce their greenhouse gas emissions and become more energy efficient — has become increasingly important in the fight to slow global warming. Some metrics CDPQ looks at include carbon intensity, diversity and inclusion, and tax compliance.

Pension Funds 64

Pension Funds Finance Financing Deal Flow 64

Pension Pulse

APRIL 25, 2024

Global mergers and acquisitions rebounded in the first quarter of 2024 compared with a year earlier, driven by mega-deals in the finance, software and energy sectors. It has also provided financing to support acquisitions led by Carlyle Group Inc., billion of debt financing for its buyout of Endeavor Group Holdings Inc.,

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Axial

FEBRUARY 27, 2024

From a financial perspective, CPS can be flexible with deal structure to meet unique tax or estate planning needs and/or allow for the owner to maintain equity in the business. We provide a wide range of financing structures, which include subordinated debt with warrants, preferred stock, and common equity.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Mergers and Acquisitions 59

Pension Pulse

DECEMBER 16, 2024

Pearsons minority government, the CPP aimed to provide retirement income security by financing benefits through payroll contributions from employers, employees, and self-employed individuals. For example, the finance minister, in consultation with participating provinces, appoints members to CPPIBs board.

Pension Funds 59

Pension Funds Funds Liabilities Assets 59

The Motley Fool

APRIL 12, 2024

Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in Precision ETFs.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

FEBRUARY 21, 2025

Over the course of the next few minutes leading into our Q&A session, you'll hear from John Payne on our growth activities and you'll hear from David Kieske on our financial results, financing activities, and initial 2025 earnings guidance. Thanks and good morning. Edward Baltazar Pitoniak -- Chief Executive Officer Yeah.

Assets 130

Assets Mergers and Acquisitions Debt Capital 130

The Motley Fool

JANUARY 12, 2024

Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. We currently estimate that 25% is a reasonable projected tax run rate for 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

FEBRUARY 13, 2025

The GSEs continue to play an extremely important role in the multifamily financing market and Walker & Dunlop's team, focus, and partnerships with the GSEs have allowed us to remain at the top of the league tables for the past decade. We grew our Freddie Mac loan originations in the quarter by 19% to $1.6

Assets 130

Assets Finance Asset Management Financing 130

The Motley Fool

AUGUST 3, 2023

We continue to focus on refinancing every loan maturity in our portfolio, finding new refinancing opportunities in other lenders' portfolios using our Galaxy database, and placing financing on every sale transaction our investment sales team is marketing. We continue to invest in our business even after our April reduction in force.

Asset Management 100

Asset Management Finance Financing Debt 100

The Motley Fool

JULY 15, 2024

Our as-adjusted tax rate for the second quarter was approximately 24%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024. The actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

AUGUST 8, 2024

Financing volumes for the GSEs were down 23% year over year to $2.7 The GSEs have been sluggish in their lending over the past 18 months, but we are seeing them lean in on deals over the past month and expect higher volumes from them in the second half of 2024. billion, up 16% year over year. Thank you for your time this morning.

Assets 130

Assets Finance Debt Financing 130

The Motley Fool

JANUARY 30, 2025

And similar in consumer packaged goods, we partner with Deem Finance and Prime Dash to enable small business in the Middle East to automate payments to Coca-Cola distributors. Finally, we expect a non-GAAP tax rate in the range of 20% to 21% for the full year and approximately 20% for Q1 based on the current geographic mix of our business.

Banks 130

Banks Leveraging Liabilities Taxes 130

The Big Picture

MAY 16, 2023

So strap yourself in for a fun conversation about what it’s like to be at — “in the room where it’s happening” to quote Hamilton, but to be at the intersection of media and finance and technology as the world is blowing up. You know, I’m just a retail Yahoo finance kind of guy. RITHOLTZ: Right.

Hedge Funds 116

Hedge Funds Leveraging Venture Capital Finance 116

The Motley Fool

NOVEMBER 9, 2023

Our financing and sales pipelines were robust entering the quarter, and we were optimistic the transaction volumes were recovering, off dramatically lower volumes in Q1 and Q2. They are well behind, but they aren't losing deal flow to other capital sources. As this slide shows, W&Ds' revenues fell 15% in Q3.

Asset Management 100

Asset Management Deal Flow Assets Finance 100

The Motley Fool

FEBRUARY 12, 2025

And the Government segment was weaker than we had anticipated based on timing of deal flow. Through our divestiture program, which generated approximately $780 million of after-tax proceeds, we repurchased 52 million shares and prepaid $639 million against our term loans, including $100 million in the fourth quarter.

Debt 130

Debt Leveraging Capital Assets 130

The Motley Fool

NOVEMBER 7, 2024

Our third quarter financial results reflect an improving market that benefited from healthy fundamentals in commercial real estate that are attracting capital to the market and driving an increase in acquisition and financing activity. Due to increased deal flow and revenues, we grew diluted earnings per share 33% year over year to $0.85

Taxes 130

Taxes Assets Finance Financing 130

The Motley Fool

JULY 18, 2024

billion financing package, the largest debt financing in our history, and we're now focusing on addressing the sector's power needs in many differentiated ways. Innovation in finance, done correctly, is essential to create the virtuous cycle of satisfied investors who provide more and more capital for future growth.

Assets 130

Assets Finance Financing Management Fees 130