RT Bloomberg New Economy (@BBGNewEconomy)Crypto, private credit & de-dollarization are shaking global finance.Tech, markets & geopolitics are rewriting the rules — and testing the Bretton Woods system itself.Join the conversation at the #BloombergNewEconomy Forum, Nov 19–21 in Singapore.https://t.co/2T7Qg43jlf https://t.co/CP5yBokaYZ ...

P10 (NYSE:PX) Q3 2025 Earnings Call November 06, 2025 08:30 AM ET Speaker1Hello and welcome to the P10 Third Quarter 2025 conference call. My name is Latif, and I will be coordinating your call today. Currently, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. As a reminder, today's conference call is being recorded. I will now pass the call to your host, Mark Hood, EVP and Chief Administrative Officer. Mark, please go ahead.Speaker2T ...

RT Graham Ferguson (@grahamfergs)private credit. looping. permissioned.arriving soon to @Solana via @Loopscale.all powered by @Securitize. https://t.co/1xPhYQrZjz ...

In today's bonus edition of Going Private, we explore the outlook for Japan's capital markets and its cautious embrace of private credit https://t.co/cxXUZsWhDX ...

Our originations activity reflects consistent growth in all our verticals across the Trinity platform. A powerful flywheel fueled by our lead team of originators, and we own the pipeline. We do not depend on syndicated deals and have immaterial overlap with other BDCs. All of which give our investors access to a highly differentiated portfolio of investments through our five business verticals. All the while, we remain deeply committed to disciplined underwriting and a credit performance which are the bedro ...

Christopher Long: Good afternoon, everyone. Thank you for joining us today for Palmer Square Capital BDC's third quarter 2025 conference call. On today's call, I will provide an overview of our third quarter highlights, background on our broader credit platform, and touch on the benefits of our differentiated investment strategy. Then turn the call to the team to discuss our market outlook and financial performance. During the third quarter, our team deployed $138.7 million of capital and generated total an ...

Financial Data and Key Metrics Changes - For Q3 2025, the company reported fee-related earnings, adjusted EBITDA, and adjusted net income increased by 18%, 16%, and 18% respectively compared to Q3 2024 [4] - The fee-related earnings margin for the quarter was 45%, approximately 350 basis points higher than Q3 2024 [4] - The company ended the quarter with a record $87 billion in assets under management, a 9% increase from Q3 2024 [4][18] Business Line Data and Key Metrics Changes - Absolute Return Strategies (ARS) generated a gross rate of return of 14.2% over the last 12 months, with ARS management fees growing 6% year-over-year [5][18] - Private markets management fees increased by 10% year-to-date and 7% year-over-year, driven by solid fundraising and conversion of contracted AUM [18] - The gross unrealized carried interest balance reached an all-time high of $941 million, up 4% from Q2 2025 [6][20] Market Data and Key Metrics Changes - Year-to-date fundraising reached $7.2 billion, surpassing the total for the full year of 2024, with infrastructure and credit leading the growth [5][12] - Insurance clients accounted for approximately 14% of capital raised over the last 12 months and 40% of Q3 capital raised [13] Company Strategy and Development Direction - The company aims to double its 2023 fee-related earnings to over $280 million by 2028 and increase adjusted net income per share to over $1.20 by 2028 [10][22] - The company is focused on expanding its investment strategies across private equity, infrastructure, credit, real estate, and absolute return, with a scalable investment platform [9][10] - The company is actively managing its share buyback program, with $86 million remaining in authorization [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to compound value for shareholders over the long term, citing strong fundraising momentum and investment performance [11][22] - The outlook for ARS is increasingly encouraging, with a strong pipeline and improved investor interest [13][31] Other Important Information - The company announced an increase in its quarterly dividend to $0.12 per share, reflecting confidence in its growth trajectory [10][21] - The company hosted its 2025 Investor Day, highlighting its central role in the alternatives ecosystem and its client-first culture [8][10] Q&A Session Summary Question: Are there ongoing fees for the CFO product? - The CFO is a regular recurring management fee with some carry building over time, and the company will start to enjoy management fees from that pool of capital next quarter [24][26] Question: Why isn't the improvement in ARS reflected in net flows? - Management noted that while interest levels are higher, they are maintaining their flat net flows budgeting assumption for Q4, which is typically a seasonally weaker quarter [27][31] Question: What drives the strong realization outlook in Q3? - The seasonality of Q3 is related to when tax carry is paid in the industry, and the company has a diversified carry across many lines, making it difficult to predict timing [34][37] Question: How is the company managing stock-based compensation and share count? - The company expects stock-based compensation to remain stable, with less than 3% dilution over the last five years, actively managing dilution through buybacks [39][41] Question: What is the current status of the retail business and AUM? - The individual investor channel currently has about $4 billion in AUM, with significant growth in partnerships and separately managed accounts [44][46] Question: Are there concerns in the private credit landscape? - Management indicated that they are not seeing a slowdown in private credit and believe the asset class will continue to grow despite some high-profile credit issues [52][56]

Equitable (NYSE:EQH) Q3 2025 Earnings Call November 05, 2025 09:00 AM ET Speaker1Hello, and welcome to Equitable Holdings' third-quarter earnings call. Please note that this call is being recorded. After the speaker's prepared remarks, there will be a question-and-answer session. If you'd like to ask a question during that time, please press star followed by one on your telephone keypad. Thank you. I'd now like to hand the call over to Eric Bass, Head of Investor Relations. You may now go ahead, please.Spea ...

The past few months, we've seen a lot of talk about the "dangers" of private credit, which is ironic because the defaults that have occurred resulted in write-offs from several banks. First Brands filed for bankruptcy, andRida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I'm one of these people as I have often made the case that I don’t see a bubble, while I'm fully aware of the unfavorable risk/reward that comes with this market and theLeo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, a ...