article thumbnail

Ares Raises $1.7 Billion for Australia Private Credit Fund

Private Equity Insights

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 Ares Management Corp. has raised A$2.6 billion ($1.7

article thumbnail

Here Are My Top 10 Ultra-High-Yield Dividend Stocks to Buy in 2024

The Motley Fool

The company specializes in more complex transactions such as leveraged buyouts , for example. While Verizon may not offer the tempting growth prospects of hot tech stocks, the company is best-in-breed when it comes to telecom providers. Given its size, Ares also has more financial flexibility than a typical BDC.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why DocuSign Stock Soared Today

The Motley Fool

Any deal would be substantial, given DocuSign's market cap at just over $13 billion as of this writing, potentially making it one of the largest leveraged buyouts in recent years. That positive momentum could help DocuSign command a higher premium from prospective suitors. Should you invest $1,000 in DocuSign right now?

article thumbnail

Navigating the systematic credit frontier: A conversation with Drakai Capital – Winner of the ‘Best Credit Hedge Fund – Credit Long/Short’ Category at the 2023 Hedgeweek & Private Equity Wire European Credit Awards

Private Equity Wire

Q: What message would you like to convey to prospective clients and investors about Drakai Capital’s systematic credit offerings? While Drakai Capital is fervently committed to climate action, our investment process do not specifically target ESG objectives. markets.

article thumbnail

BCI Sells $1-Billion of Private Equity Holdings to Ardian

Pension Pulse

Major Canadian pension funds have regularly tested the market for secondaries in recent years, but the greater clarity around the path of interest rates – and the prospect of possible rate cuts from central banks starting later this year – has more recently made it easier for buyers and sellers to agree on prices. Is this possible?

article thumbnail

Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

To clear a path for a potential initial public offering that could come as early as 2026, prospective advisers have suggested pushing this debt up into the holding company or getting cash from a pre-IPO investor, the same people say. They took on heavy debts when buying TK Elevator including a roughly €2 billion ($2.1

Buyout 59
article thumbnail

How to Ensure Accurate Private Equity Valuations

Udu

Leveraged Buyout (LBO) An LBO transaction is an acquisition funded using a significant amount of debt where assets from both parties are used as collateral. Applying industry-specific knowledge can help to identify sector-specific risks and growth prospects, which should be factored into the valuation.