TPG is among large alternative asset managers now seeking money to back mid-sized investments in Asia, a move away from its traditional focus on bigger deals https://t.co/WSKl5MCbB0 ...

Core Points - GCM Grosvenor will host an Investor Day in New York City on October 15, 2025, starting at 8:00 a.m. ET [1] - The event will feature presentations from senior management, including the long-term strategy, key business drivers, investment initiatives, and financial outlook [2] - Attendance will be both virtual and in-person, with in-person attendance by invitation only and advance registration required [3] Company Overview - GCM Grosvenor is a global alternative asset management solutions provider with approximately $86 billion in assets under management across various investment strategies [5] - The firm has over 50 years of experience in alternatives and aims to deliver value for clients through a flexible investment platform [5] - GCM Grosvenor employs around 550 professionals and serves a global client base of institutional and individual investors [5]

Financial Performance - GCM Grosvenor reported GAAP net income attributable to GCM Grosvenor Inc of $15437 thousand for the three months ended June 30, 2025[50] - GCM Grosvenor reported GAAP net income attributable to GCM Grosvenor Inc of $15900 thousand for the six months ended June 30, 2025[50] - Adjusted EBITDA increased by 9% to $49516 thousand for the three months ended June 30, 2025, compared to the same period in 2024[51] - Adjusted EBITDA increased by 17% to $102892 thousand for the six months ended June 30, 2025, compared to the same period in 2024[51] - Adjusted Net Income increased by 9% to $32090 thousand for the three months ended June 30, 2025, compared to the same period in 2024[51] - Adjusted Net Income increased by 19% to $67364 thousand for the six months ended June 30, 2025, compared to the same period in 2024[51] - The Board of Directors approved a dividend of $011 per share, payable on September 16, 2025[3,46] Assets Under Management (AUM) and Fundraising - Assets Under Management (AUM) reached approximately $86 billion[6,19] - Fee-Paying AUM (FPAUM) increased by 9% to $691 billion as of June 30, 2025, compared to June 30, 2024[12] - Private Markets FPAUM increased by 9% to $455 billion as of June 30, 2025, compared to June 30, 2024[12] - Absolute Return Strategies FPAUM increased by 10% to $236 billion as of June 30, 2025, compared to June 30, 2024[12] - CNYFPAUM increased by 19% to $87 billion as of June 30, 2025, compared to June 30, 2024[12] - The company raised $24 billion of new capital in the second quarter of 2025[13,27] - The company raised $53 billion year-to-date, an increase of 52% compared to prior year-to-date[8,13] Strategic Shifts and Growth Drivers - Private Markets represented 71% of AUM[16,17,34] - Direct-Oriented Strategies accounted for 53% of Private Markets AUM[16,17,34] - The firm share of unrealized carried interest balance was $451 million[13,16]

OBDC Highlights - OBDC's portfolio has a size of $169 billion across 233 portfolio companies[2] - The asset mix is heavily weighted towards senior secured debt, with 81% senior secured and 76% first lien investments[2] - The portfolio yield is 106% and the dividend yield is 104%[2] - OBDC's net debt-to-equity leverage is 117x[2] - The company's market capitalization is $72 billion[2] Blue Owl's Credit Platform - Blue Owl manages a market-leading credit business with $146 billion in AUM[3,10] - Diversified lending accounts for $75 billion of the credit platform's AUM[10] - BDCs make up more than half of Blue Owl's Credit platform AUM[10] Investment Strategy and Portfolio - Blue Owl primarily focuses on making debt and equity investments in U S upper middle-market companies[3] - The company's direct lending platform has extensive sponsor relationships with 800+ financial sponsors[3,13,35] - The average annual net loss rate is 7 basis points since the inception of the direct lending business in 2016[3] Financial Performance - The company has a total return of 92% since inception[32,35] - The portfolio is downside protected, with 81% senior secured and 98% floating rate investments[32] - The company's Q2 2025 net asset value per share was $1503[38]

Financial Performance - GAAP Net Income Attributable to Apollo Global Management, Inc Common Stockholders was $605 million, or $100 per share[16] - Adjusted Net Income totaled $12 billion, or $192 per share[16] - Fee Related Earnings reached a record $627 million[22] - Spread Related Earnings amounted to $821 million[22] - Combined Fee and Spread Related Earnings hit a record $14 billion[22] Assets Under Management (AUM) - Total AUM reached $840 billion, benefiting from inflows of $61 billion in the second quarter and $179 billion over the last twelve months, driving a 21% increase year-over-year[22] - Fee-Generating AUM increased to $638 billion[15] - Perpetual Capital AUM increased to $498 billion[31] Business Growth & Capital Allocation - Record quarterly origination activity of $81 billion[22] - Strong quarterly inflows of $4 billion driven by continued expansion in signature semi-liquid products and continued education and momentum surrounding fixed income replacement-focused products[22] - Record quarterly capital solutions fee revenue of $216 million[22] - Repurchased more than $13 billion of common stock over the last twelve months, including $557 million of opportunistic share repurchases[22] - Distributed more than $1 billion of common stock dividends over the last twelve months[22]

Financial Performance - Fee Related Earnings (FRE) reached $887 million ($0.98/adj share) for the quarter, a 17% year-over-year increase[19] - Total Operating Earnings (TOE) amounted to $1.2 billion ($1.33/adj share) in the quarter, reflecting a 14% year-over-year growth[19] - Adjusted Net Income (ANI) was $1.1 billion ($1.18/adj share) for the quarter, up 9% year-over-year[19] - On a last-twelve-month (LTM) basis, FRE totaled $3.6 billion ($3.96/adj share), up 34% year-over-year, while TOE reached $4.7 billion ($5.19/adj share), up 26% year-over-year, and ANI was $4.5 billion ($4.98/adj share), up 27% year-over-year[19] - GAAP Net Income Attributable to KKR Common Stockholders was $0.5 billion for the quarter and $0.3 billion year-to-date[16] Assets Under Management - Assets Under Management (AUM) reached $686 billion, a 14% increase year-over-year[19] - Fee Paying Assets Under Management (FPAUM) totaled $556 billion, also up 14% year-over-year[19] - New capital raised in the quarter was $28 billion, and $109 billion for the last twelve months[19] - Capital invested during the quarter was $18 billion, and $83 billion for the last twelve months[19] Strategic Initiatives - KKR closed on a majority stake in HealthCare Royalty Partners, adding approximately $3 billion to AUM[22] - Japan Post Insurance announced a $2 billion investment in a new vehicle sponsored by Global Atlantic[62]

Core Points - Abacus Global Management, Inc. has completed its exchange offer and consent solicitation for outstanding public and private placement warrants, resulting in the issuance of 4,183,160 shares of common stock [1][2] - The company has amended the warrant agreement to exchange each outstanding warrant for 0.207 shares of common stock, which is 10% less than the initial exchange ratio [2] - Following the completion of the offer and post-offer exchange, all warrants will be eliminated, and public warrants will be delisted from Nasdaq on August 14, 2025 [3] Company Overview - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services [5] - The company focuses on longevity-based assets and personalized financial planning, utilizing proprietary data analytics and industry expertise to enhance financial outcomes for clients [5]

Core Viewpoint - Intermediate Capital Group (ICG) reported strong growth in assets under management (AUM) and fundraising activities for the first quarter of FY26, indicating a positive investment landscape and robust demand for its funds [2][4][12]. AUM Performance - As of June 30, 2025, ICG's AUM reached $123 billion, reflecting a 3% growth over the last three months and a 15% increase year-on-year, with a compound annual growth rate (CAGR) of 18% over the last five years [2][4]. - Fee-earning AUM stood at $82 billion, up 4% in the quarter and 11% year-on-year [2][4]. Fundraising and Deployment - Total fundraising for Q1 FY26 amounted to $3.4 billion, driven primarily by Europe IX ($1.5 billion) and Infrastructure Europe II ($1.2 billion) [3][4]. - The deployment of funds in Q1 FY26 was $2.8 billion, with realisations totaling $1.1 billion [3][4]. Investment Strategies - The investment landscape remains attractive for various strategies, including structured capital, secondaries, and real assets equity [4]. - Infrastructure Europe II has shown strong momentum, with a total fund size of €2.5 billion, significantly higher than its predecessor [4]. Financial Metrics - At the end of Q1 FY26, ICG had $34 billion in dry powder, indicating substantial available capital for future investments [5]. - The balance sheet investment portfolio was valued at £2.9 billion, with total available liquidity of £1.1 billion and net financial debt of £477 million [14]. Foreign Exchange Rates - The average GBP to EUR exchange rate for Q1 FY26 was 1.1759, while the GBP to USD rate was 1.3507, reflecting fluctuations that may impact international operations [9]. Company Overview - ICG is a global alternative asset manager with over three decades of experience, focusing on generating attractive returns across various investment strategies [12][13].

Group 1 - Brookfield Corporation will host its Q2 2025 conference call and webcast on August 7, 2025, at 10:00 am (ET) with results released at approximately 7:00 am (ET) [1] - The company focuses on building long-term wealth through three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, business and industrial services, and real estate [1] - Brookfield Corporation has delivered over 15% annualized returns to shareholders for more than 30 years, supported by its investment and operational experience [2] Group 2 - The company operates with a conservatively managed balance sheet and extensive operational experience, allowing consistent access to unique investment opportunities [2] - The Brookfield Ecosystem is a fundamental principle of the organization, where each group benefits from being part of the broader entity [2] - Brookfield Corporation is publicly traded on both the New York Stock Exchange and the Toronto Stock Exchange under the ticker BN [2]

Group 1 - FS KKR Capital Corp. plans to release its second quarter 2025 results after the close of trading on August 6, 2025 [1] - A conference call to discuss the second quarter 2025 results will be held on August 7, 2025, at 9:00 a.m. Eastern Time, accessible via live webcast [2] - An investor presentation of financial information will be available on the company's website after the market close on August 6, 2025 [4] Group 2 - FS KKR Capital Corp. is a publicly traded business development company focused on providing customized credit solutions to private middle market U.S. companies [5] - The company primarily invests in senior secured debt and, to a lesser extent, subordinated debt of private middle market companies [5] - FS KKR is advised by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit [6] Group 3 - FS Investments manages over $85 billion in assets and provides access to a broad suite of alternative asset classes and strategies [7] - The firm has more than 500 employees across offices in the U.S., Europe, and Asia, and is headquartered in Philadelphia [7] - KKR Credit, a subsidiary of KKR & Co. Inc., aims to generate attractive investment returns through a disciplined investment approach [8]