The Big Picture

APRIL 4, 2023

And you know, it’s funny, when I was on the road in the early days, you know, talk about even post GFC, you’d meet with large scale institutions and you talk about senior secured loans, private lending, covenants, reasonable leverage, et cetera, et cetera. KENCEL: So, now, leverage is lower. RITHOLTZ: Right.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

The Big Picture

SEPTEMBER 26, 2023

Had a group based in Los Angeles that had a long and, and, and experienced team that was investing in distressed debt and really kept separate and apart from what the rest of the hedge fund at PWA was doing. Panossian ] 00:08:19 The liabilities, obviously the hedge funds had redemptions. That had mismatched assets.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. And so late 90s, that’s the emergence of the high yield market in Europe, you would print deals like never before. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside.

Banks 59

Banks Asset Management Assets Capital 59

Private Equity Insights

FEBRUARY 21, 2025

The firm is betting on a surge in distressed opportunities as rising interest rates and economic headwinds pressure over-leveraged companies. The fundraising goal for Strategic Value Special Situations Fund VI was disclosed during a recent meeting of the New Jersey State Investment Council, which committed $100m to the fund.

Debt 130

Debt Hedge Funds Funds Deal Flow 130

Pension Pulse

MARCH 3, 2025

There is also now only one global credit group which manages any style of credit including investment grade, leveraged finance, high yield, private credit, external private credit and structured credit. The credit market has not seen a lot of primary supply, and we have not seen a lot of deals. I think we have gone through the worst.

Buyout 52

Buyout Pension Funds Investing Assets 52

The Motley Fool

JANUARY 25, 2024

AM generated a 13% gross return for the BPS Composite over the past two years, a remarkable achievement in liquid markets and well ahead of the hedge fund index. So how is it possible to generate positive comp ratio leverage when revenues are down. It actually was down 1%. That's our performance of 12%. And so that's a positive.

Management Fees 100

Management Fees Banks Capital Assets 100

The Big Picture

JANUARY 7, 2025

Made the decision to leave just to try something new at that point, went to Harvard for my MBA and then had made the ch his choice at that point to switch out of biotech and interviewed with a whole bunch of of firms and ended up getting into the hedge fund world, doing capital raising for two large hedge funds.

Capital 52

Capital Hedge Funds Buyout Funds 52

The Big Picture

MAY 16, 2023

The transcript from this week’s, MiB: Howard Lindzon, Social Leverage , is below. So with no further ado, my discussion with Social Leverage’s Howard Lindzon. HOWARD LINDZON, MANAGING PARTNER, SOCIAL LEVERAGE: Hello, Barry. So indirectly, I became a hedge fund manager to manage our cash at the Squeeze Ball Company.

Hedge Funds 116

Hedge Funds Leveraging Venture Capital Financing 116