This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
At their core, they're capital providers to early-stage businesses looking for funding to get their operations off the ground. It specializes in venture debt, making high-yield loans to companies that have previously raised outside funding from venture capital or private equity. What are business development companies?
One item of note is that while technology was ranked only the fourth highest industry as it relates to total dealflow in Axial in 2023, deals in the tech sector had the leading pursuit rate at 8.92%.
Technology ranked 4th in dealflow 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.
On September 1st, after clearing the FTC second request time frame, we executed the Globus NuVasive merger. Pulse sales have been impacted by customer uncertainty with the merger, while international remains focused on continued market penetration and NSO on market reentry of key technology.
We believe the continued path of central bank normalization will support sustained inflows across bond funds, ETFs, and institutional accounts. On October 1, we closed on our acquisition of Global Infrastructure Partners. Sales, asset, and account expense increased 6% compared to a year ago, driven by higher direct fund expense.
Please note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any Blue Owl funds. In spite of the very difficult backdrop for real estate fundraising, our latest triple net lease fund was the single largest U.S. real estate fund raised in 2023.
However, despite increasing numbers of independent sponsors, family offices, search funds, and other less conventional buyers, private equity funds remain the most prominent type of financial buyer in the market. billion of committed capital across four funds. .” billion of committed capital across four funds.
We're committed to getting these right, and we look to self-fund the necessary investments to do so. While M&A revenues are still low across The Street, I was pleased that we participated in some of the significant deals announced in the quarter, such as Diamondback's merger with Endeavour Energy and Catalent's merger with Nova Holdings.
Excluding the impact of Engineering Solutions in all periods, but including approximately $10 million from this year's tuck-in acquisitions, revenue growth would have been 7%. There's not a lot of dealflow. Lastly, we continue to invest to drive long-term growth, and that was reflected this quarter. Thank you, Russell.
In connection with the Eldorado-Caesars merger, we retired the CMBS debt. And with our acquisition of MGP, we were able to retire all of our remaining secured debt and received an investment-grade credit rating from S&P and Fitch in April of 2022. With that, operator, please open the line for questions. Thanks and good morning.
In fact, that was pre -merger with Manny Hanny and Chemical, and JP Morgan, and et cetera. Unfortunately, you know, they went through a series of about a dozen mergers — RITHOLTZ: Right. RITHOLTZ: There was just a run of acquisitions until they’re the behemoth. How did you get to Chase? KENCEL: Sure. KENCEL: Right.
Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth. KKR & Co.
One of my big predictions under a Trump presidency is that mergers and acquisitions (M&A) will see a notable uptick. Below, I'll explain the factors that inhibited deal activity in recent years and make the case for why M&A could make a comeback. The S&P 500 has hit 50 record highs just this year.
Customers continue to feel the impact of the innovation taking place in financial markets with the flow of capital to passive funds, but also increasingly to private markets and digital assets. Advisory & Transactional Services revenue grew by 27%, or 18% when excluding the impact from the World Hydrogen Leaders acquisition.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content