CONSHOHOCKEN, Pa., Feb. 24, 2025 /PRNewswire/ -- NSM Insurance Group ("NSM"), a global specialty insurance provider, announced today it has signed a definitive agreement to sell its U.S. commercial insurance division to New Mountain Capital ("New Mountain"), a leading growth-oriented investment firm with over $55 billion in assets under management. The transaction is expected to close in the next 45 days. The closing is subject to regulatory approvals and other customary closing conditions. NSM is a portfol ...

NEW YORK, Feb. 21, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by bluebird bio, Inc. (NASDAQ: BLUE) and its board of directors concerning the proposed acquisition of the company by Carlyle (NASDAQ: CG) and SK Capital Partners, LP. Stockholders will receive $3.00 and a contingent value right of $6.84 for each share of bluebird bio stock that they hold. The transaction is expected to close in the first half of 2025.If you are a stockholder of bluebird bio, Inc. an ...

MCLEAN, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Acentra Health, a technology and health solutions and services company dedicated to accelerating better outcomes for its government and commercial healthcare clients and the populations they serve, announced today that its 2024 corporate social responsibility program resulted in over 3,000 hours of employee volunteer service and over $332,000 in total contributions to support communities in the United States and India where its employees live and work. The effo ...

we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.In our recent articles, we have tried to defend the thesis that equity is currently overvalued and is actively increasing our portfolio's fixed-income exposure. Trying to be diverse in our pickings, we have also covered theDenislav leads the investing group Trade With Beta , features of the service include: freque ...

The Carlyle Group Inc. (CG) reported fourth-quarter 2024 post-tax distributable earnings per share of 92 cents, which missed the Zacks Consensus Estimate by 8%. The figure compared favorably with earnings of 86 cents per share in the year-ago quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Results benefited from an increase in segment fee revenues. A rise in assets under management (AUM) balance also offered support. However, an increase in expenses was a headwind.Net ...

The Carlyle Group Inc. (NASDAQ:CG) Q4 2024 Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Daniel Harris - Head of Investor Relations Harvey Schwartz - Chief Executive Officer John Redett - Chief Financial Officer and Head of Corporate Strategy Conference Call Participants Alexander Blostein - Goldman Sachs Brendan O'Brien - Wolfe Research Patrick Davitt - Autonomous Research Brian Bedell - Deutsche Bank Brian McKenna - Citizens JMP Glenn Schorr - Evercore ISI Benjamin Budish - Ba ...

CARLYLE Carlyle Reports Fourth Quarter and Full-Year 2024 Financial Results FEBRUARY II, 2025 Carlyle Reports Fourth Quarter and Full-Year 2024 Financial Results WASHINGTON, DC AND NEW YORK, NY - February II, 2025 - Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the fourth quarter and full-year ended December 31, 2024. U.S. GAAP Results For Q4 2024 and FY 2024, U.S GAAP results included income before provision for income taxes of $265 million and $1.4 bil ...

Wall Street analysts forecast that Carlyle Group (CG) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year increase of 16.3%. It is anticipated that revenues will amount to $1.03 billion, exhibiting an increase of 14.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

Core Viewpoint - Carlyle Credit Income Fund has entered into a Purchase Agreement for approximately 20,000 shares of its 7.50% Series C Convertible Preferred Shares, expecting to receive net proceeds of approximately $18.6 million from the sale [1][9]. Group 1: Convertible Preferred Shares Details - The Convertible Preferred Shares have a fixed annual dividend rate of 7.50%, equating to $75.00 per share per year [2]. - The Fund is obligated to redeem all outstanding Convertible Preferred Shares on January 31, 2030, at a price equal to the liquidation preference plus any accumulated but unpaid dividends [3]. - The Fund may redeem the Convertible Preferred Shares at its discretion starting from July 31, 2025, at a price equal to the liquidation preference plus any accumulated but unpaid dividends [4]. Group 2: Conversion Rights - Holders of Convertible Preferred Shares can convert them into common shares at any time after six months from the issuance date, based on a specified conversion price [5]. Group 3: Offering and Regulatory Information - The Convertible Preferred Shares will not be listed on any exchange and cannot be transferred without the Fund's consent [6]. - The shares are being issued under an exemption from registration under the Securities Act of 1933 and have not been registered [7]. Group 4: Use of Proceeds - The net proceeds from the offering will be used to acquire investments, make distributions to shareholders, and for general working capital purposes [9]. Group 5: Fund Overview - Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing in equity and junior debt tranches of collateralized loan obligations, primarily backed by U.S. senior secured loans [11].

Core Insights - Entertainment 360 has announced a strategic investment from Carlyle, marking the first external funding in its 22-year history [1][2] - The investment aims to support Entertainment 360's growth ambitions while maintaining its current board and leadership structure [2][3] - Carlyle has a strong track record in the sports, media, and entertainment sectors, having deployed over $14 billion since 2017 [4] Company Overview - Entertainment 360, founded in 2002, is a leading talent and literary management company that provides long-term professional management and production support for its clients [6] - The firm develops and produces a variety of acclaimed projects, leveraging both original ideas and acquired materials [6] Investment Details - Carlyle's Global Credit platform manages $194 billion in assets as of September 30, 2024, focusing on privately-negotiated debt and capital solutions [4] - The partnership is expected to enhance Entertainment 360's position as a leading talent management organization [4] Advisory Information - The Raine Group and Venable LLP served as advisors to Entertainment 360 during this transaction [5]