Hints and tips:
...Castlelake would sit in Brookfield’s recently formed credit unit, which also houses a controlling interest in Oaktree Capital Management....
...By contrast, Breit struggled to cover its distribution with cash flow from operating activities, a metric that doesn’t include recurring property expenses like capital expenditure....
...Continuation funds can also be controversial with LPs, because they have to decide whether to lock up capital with a VC for another lengthy period or cash out potentially at a discount....
...The owners and managers of the True Confidence, who purchased the vessel just days ago from US private equity group Oaktree Capital, gave details of the deaths and injuries in a statement on Thursday....
...But some smaller investment managers don’t have sophisticated risk-management processes, and their incentives are just to grow and deploy capital. But is that a systemic risk? I’d say probably not....
...Blackstone already owns a majority stake in Hipgnosis’s management company, Hipgnosis Song Management (HSM), which collects fees for overseeing the listed Hipgnosis fund....
...Graham Capital Management is planning to expand to New York after decades as a Connecticut-based hedge fund, in a vote on the future of America’s financial capital following an exodus of investment firms...
...“In order for you to have a functioning capital markets ecosystem you want the banks involved,” said Milwood Hobbs Jr, a managing director at Oaktree, the investment manager....
...Including our real estate debt business, it’s about $420bn of assets under management....
...A month later, Grant Thornton US agreed to sell a 60 per cent stake to New Mountain Capital....
...The writer is co-founder and co-chair of Oaktree Capital Management and author of ‘Mastering the Market Cycle: Getting the Odds on Your Side’ It is obvious that all else being equal, people and companies...
...With a shareholder vote set for April 3, Disney faces proxy fights with Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting the company’s share...
...It is not clear how Concord will seek to deal with the existing management agreement. Concord has now secured backing from investors holding 31 per cent of the issued share capital of Hipgnosis....
...Blackstone already part owns Hipgnosis Song Management (HSM), the manager and investment adviser of Hipgnosis Songs Fund (HSF), although its new offer is separate to that holding....
...Blackwells Capital, another activist, put three nominees forward, who were also denied in the vote....
...Howard Marks, the 77-year-old co-founder of $172bn investment group Oaktree Capital Management, has been diagnosed with a curable form of throat cancer and will undergo surgery followed by radiation treatment...
...“Like coal-powered plants — there are examples of debt-driven dividend recaps, saddling portfolio companies with interest payments, charging exorbitant management fees; none of that is going to the type...
...Do you see reasons for optimism in the UK asset management industry?...
...The figures suggest that top managers prioritise careful deployment of investors’ capital, rather than making the fund as large as possible....
...They’re trying to free up capital now, to be able to be ready to make some acquisitions of the banks that need help,” he said....
“Does this seem like fair journalism to you?”
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...Apparently, Apollo Global Management has other priorities....
...“Jacob was truly a Renaissance man,” says Howard Marks, co-founder of $189bn investment powerhouse Oaktree Capital Management and a longtime friend. “He had a very active mind and great curiosity....
...Howard Marks, the co-founder of $172bn investment group Oaktree Capital Management, has warned that the boom in private credit will soon be tested as higher interest rates and slower economic growth heap...
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