Pension Pulse

MAY 14, 2024

Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity. GoldenTree Asset Management, Sculptor Capital Management, Carlyle Group Inc.

Pension Funds 59

Pension Funds Funds Collateral Hedge Funds 59

The Motley Fool

JULY 14, 2023

We deliver durable long-term investment performance by executing on alpha opportunities, sourcing unique deals, and managing risk. The foundation of a market-leading asset management platform is comprehensive, high-quality investment products with strong long-term investment performance.

Asset Management 130

Asset Management Assets Banks Debt 130

Pension Pulse

APRIL 25, 2024

Less than 20 per cent of the fund’s credit portfolio is being managed by third parties, according to Edgell, though the firm maintains strong relationships with some of the world’s largest alternative asset managers. Last time I spoke with him was at the beginning of the year when I went over private debt's next stress test.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

The Motley Fool

APRIL 24, 2024

In addition, we discuss non-GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, and net debt to recurring EBITDA. Our conversion rate of deals approved by our investment committee to letters of intent signed is the highest in over two years at approximately 38%.

Debt 130

Debt Leveraging Capital Assets 130

Pension Pulse

JANUARY 12, 2024

is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. BlackRock has a broad network of global corporate relationships as a long-term investor in both their debt and equity.

Pension Funds 59

Pension Funds Exchange-Traded Funds Assets Debt 59

The Motley Fool

AUGUST 3, 2023

In the midst of dramatically lower transaction volumes in the first half of 2023, Walker & Dunlop's countercyclical lending businesses, exemplary credit track record, and consistent servicing and asset management revenues provided us with the financial strength to continue investing in the business for long-term growth and success.

Asset Management 100

Asset Management Financing Finance Assets 100

The Motley Fool

JANUARY 12, 2024

Today, we are announcing two transformational changes in anticipation of the evolution we see ahead for the asset management industry and for the entire global capital markets. BlackRock has developed a broad network of global corporate relationships through many years of long-term investments in both debt and equity.

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

FEBRUARY 15, 2024

When coupled with the continued strength of our servicing and asset management segment, we delivered our strongest quarterly results for 2023. We do not expect to incur any loss on the loan, and our asset management team is working with the borrower to resolve the outstanding issues that led to the repurchase.

Debt 100

Debt Capital Assets Banks 100

The Motley Fool

AUGUST 2, 2023

While we are a mortgage REIT, I'd like to think of us as an asset manager operating as a REIT. Yes, we do invest in all types of assets, both good REIT assets and nongood REIT assets, such as consumer loans and operating companies. As we look forward, deal flow is significant. The time is now.

Capital 100

Capital Asset Management Assets Shareholders 100

The Motley Fool

MAY 3, 2024

Michele Reber -- Senior Director, Asset Management Thank you, and good morning. billion in debt was at fixed rates. And our net funded debt to annualized adjusted normalized EBITDA was 5.03 We don't really toggle a dollar amount to that number of deals, but it's substantial. You may begin, Michele. That's U.S.

Investors 130

Investors Assets Capital Portfolios 130

The Motley Fool

FEBRUARY 8, 2024

Michele Reber -- Senior Director, Asset Management Thank you and good morning. billion in debt was at fixed rates and our net funded debt to annualized adjusted normalized EBITDA was 4.96 And then, how are you thinking about funding additional acquisitions, whether it's equity or debt? You may begin.

Investors 130

Investors Assets Banks Capital 130

The Motley Fool

FEBRUARY 9, 2024

In the last two years, AUM has increased by over 75%, and the over $50 billion we've added in equity and fee eligible debt over that period represents over 80% of our starting fee paying AUM. We intend to launch a strategy focused on triple net lease in Europe, driven by deal flow we already see today. per quarter.

Capital 130

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

The Motley Fool

APRIL 12, 2024

This transaction expands on BlackRock's minority investment in Spyder Rock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF mod portfolios. In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP.

Performance Fees 130

Performance Fees Assets Leveraging Shareholders 130

The Big Picture

JUNE 13, 2023

Mathieu Chabran is the co-founder of TIKEHAU Capital, a Paris-based alternative asset manager. They run over $40 billion worth of assets. I don’t know how relevant that is to asset management, but let’s talk a little bit about you were doing before you were being lauded by the French president.

Banks 57

Banks Asset Management Assets Capital 57

The Big Picture

APRIL 4, 2023

 The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. This is really a fascinating story. It’s fantastic.

Private Equity Firms 57

Private Equity Firms Private Equity Firms Banks Financing 57

The Motley Fool

JANUARY 12, 2024

Underwriting fees were up significantly compared to a weak prior-year quarter with debt up 21% and equity up 30%. 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. IB fees were also up 13% year on year, and we ended the year ranked No.

Banks 130

Banks Capital Assets Investment Banking 130

The Motley Fool

JANUARY 25, 2024

public company by market cap, exceeding the market value of all other asset managers. You've got debt market spreads starting to come down a bit. And then we also have for the insurance clients and other clients, what we do in the CMBS market around liquid securities and real estate debt. And so that's a positive.

Management Fees 100

Management Fees Banks Capital Assets 100