All amounts in Canadian dollars unless otherwise stated. BROOKFIELD, NEWS, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) announced today that it has exercised its right to redeem its C$850,000,000 principal amount of 4.82% medium term notes due January 28, 2026 (the “Notes”) on December 22, 2025 at a redemption price equal to par, together with accrued and unpaid interest to but excluding the date of redemption.Notice of redemption was delivered today to CDS Cle ...

PresentationBrian MckennaCitizens JMP Securities, LLC, Research Division All right. I know everyone is eating their lunch here filing in, but why don't we get going? Hopefully, everyone can hear us okay. My name is Brian McKenna. I cover the alternative asset managers and the BDCs and equity research at Citizens. I've actually covered the space for over a decade now. So I've seen firsthand the evolution of the industry, the business model, what's been incredible growth and most importantly, really strong in ...

Core Insights - Great Elm Group, Inc. raised nearly $250 million in recent capital, positioning the company for continued growth in its alternative asset management platform [2][5][10] - The company reported a 10% increase in Pro Forma Fee-Paying AUM and a 7% increase in AUM year-over-year as of September 30, 2025 [1][9] - Great Elm Real Estate Ventures continues to expand, supported by construction management revenue and the sale of a build-to-suit property for $7.4 million [3][9] Financial Performance - Total revenue for the first quarter was $10.8 million, up from $4.0 million in the prior-year period, primarily due to the sale of the second Monomoy BTS property [9][24] - The company reported a net loss of $(7.9) million for the quarter, compared to net income of $3.0 million in the prior-year period, driven by unrealized losses [9][24] - Adjusted EBITDA for the first quarter was $(0.5) million, down from $1.3 million in the prior-year period [9][25] Strategic Partnerships and Investments - In July 2025, Great Elm formed a strategic partnership with Kennedy Lewis Investment Management, which included a $150 million term loan to Monomoy REIT and the purchase of 1.4 million shares of GEG common stock [5][10] - In August 2025, Woodstead Value Fund invested $9.0 million in GEG, purchasing 4.0 million shares at $2.25 per share [11] - GECC raised approximately $85.4 million in debt and equity capital during the quarter, including a private placement of 1.3 million shares [9][12] Asset Management Growth - As of September 30, 2025, GEG's Fee-Paying AUM and AUM totaled approximately $594 million and $785 million, respectively, reflecting growth of 9% and 6% year-over-year [5][9] - The company has approximately $53.5 million in cash and marketable securities to support growth initiatives [9][21] - GEG's stock repurchase program has been increased to $25 million, with approximately $10.9 million spent to repurchase 5.6 million shares [9][21]

Core Viewpoint - Onex Corp. is actively pursuing further investments in the insurance sector following a significant partnership with AIG to acquire stakes in Convex Group Ltd. for $7 billion [1][2]. Group 1: Transaction Details - Onex will hold a 63% stake in Convex, while AIG will own 35% after the completion of the deal [2]. - AIG will also acquire a 9.9% interest in Onex for approximately $646 million and plans to invest $2 billion over the next three years in Onex funds [3]. Group 2: Strategic Direction - The CEO of Onex, Bobby Le Blanc, indicated that the company is open to similar transactions in the future, suggesting the potential for redeploying billions of dollars from other assets into "Convex-like" deals [2][3]. - Le Blanc emphasized a concentrated approach to future investments, potentially focusing on one or two additional opportunities in the insurance sector, while also considering other successful areas [3]. Group 3: Company Transformation - The Convex deal is viewed as a major transformation for Onex, aligning with a broader restructuring strategy that has involved cost-cutting and divesting from certain businesses, such as Gluskin Sheff [4].

Q3 2025 Investor Presentation November 6th, 2025 1 Disclaimer General. This presentation (this "Presentation") is provided solely for informational purposes. This Presentation is subject to update, completion, revision, verification and further amendment without notice. None of Abacus Global Management, Inc. (the "Company", "Abacus", Abacus Global Management", "we", "our", or "us") or its affiliates has authorized anyone to provide interested parties with additional or different information. The information ...

Core Insights - Trinity Capital Inc. reported strong financial results for Q3 2025, with total investment income increasing by 22.3% year-over-year to $75.6 million [3][12] - The company's net asset value (NAV) reached a new high of $998 million, reflecting an 8.1% increase from the previous quarter and a 31.9% increase year-over-year [10][12] - The CEO highlighted the momentum in their direct lending platform and expressed optimism about future opportunities [3] Financial Performance - Total investment income for Q3 2025 was $75.6 million, up from $61.8 million in Q3 2024 [3][12] - Net investment income was approximately $37.0 million, or $0.52 per share, compared to $29.4 million or $0.54 per share in the same quarter last year [6][12] - The effective yield on average debt investments at cost was 15.0%, down from 16.1% year-over-year [3] Expenses and Liabilities - Total operating expenses, excluding interest, were $17.6 million, an increase from $15.5 million in Q3 2024, primarily due to higher compensation and professional fees [4] - Interest expense rose to $21.0 million from $16.9 million in the prior year, attributed to increased debt outstanding [5] Investment Activity - The company originated approximately $773.0 million in new commitments during Q3 2025, with gross investments funded totaling $470.6 million [12] - The investment portfolio had a fair value of approximately $2.2 billion, consisting of $1.7 billion in secured loans and $318.2 million in equipment financings [11][12] Asset Management - The net unrealized appreciation for the quarter was approximately $10.7 million, with contributions from equity and debt investments [7] - The company reported a net realized loss on investments of approximately $20.0 million, mainly due to the extinguishment and conversion of debt positions [8] Shareholder Returns - The company declared a regular dividend of $0.51 per share for Q3 2025, marking the 23rd consecutive quarter of consistent or increased dividends [21] - The NAV per share increased to $13.31 from $13.27 as of June 30, 2025 [10] Liquidity and Capital Resources - As of September 30, 2025, the company had approximately $217.9 million in available liquidity, including $9.5 million in unrestricted cash [17] - The KeyBank credit facility was expanded by $90 million, increasing total commitments to $690 million [18] Risk Assessment - As of the end of Q3 2025, loans to three portfolio companies and equipment financings to one portfolio company were on non-accrual status, totaling approximately $20.7 million [15]

Conference Call TPG will host a conference call and live webcast at 11:00 am ET. It may be accessed by dialing (800) 225-9448 (US toll-free) or (203) 518-9708 (international), using the conference ID TPGQ325. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can be accessed through the Investor Relations section of TPG's website at shareholders.tpg.com. A webcast replay will be made available on the Events page in the Investor ...

Financial Performance - Patria reported IFRS Net Income attributable to shareholders of $225 million for 3Q25[23] - Distributable Earnings (DE) reached $469 million in 3Q25, a 34% increase compared to 3Q24 and a 21% increase compared to 2Q25[38] - DE per share was $030 in 3Q25, up 31% year-over-year and 22% sequentially[38] - Fee Related Earnings (FRE) totaled $495 million in 3Q25, a 22% increase compared to 3Q24[37] - Management fees amounted to $870 million in 3Q25, a 12% increase compared to 3Q24[37] Assets Under Management (AUM) - Total Assets Under Management (AUM) reached $512 billion as of quarter-end, a 15% increase from 3Q24[37] - Fee Earning AUM (FEAUM) was $388 billion, up 14% from 3Q24[37] - Net Accrued Performance Fees stood at $402 million as of September 30, 2025, or $254 per share[37] Corporate Actions and Fundraising - Patria declared a quarterly dividend of $015 per common share[37] - Total fundraising reached $15 billion in 3Q25[37] - Total deployment in drawdown funds was $751 million in 3Q25[37]

Arrow Global Group Limited, a pan-European alternative asset manager specialising in credit and real estate, announced the opening of its new office in the UAE, strengthening its commitment to one of the world’s financial hubs. Located in the center of the UAE’s financial district, the office marks a key milestone in Arrow’s expansion and underscores the importance of the Middle East as one of the firm’s largest funding markets.The presence enhances Arrow’s ability to serve institutional investors across th ...

Core Insights - Apollo Global Management reported strong third quarter results for the period ending September 30, 2025, highlighting broad-based momentum across its business [2] - The company declared a cash dividend of $0.51 per share for its Common Stock and $0.8438 per share for its Mandatory Convertible Preferred Stock [3][4] Financial Performance - Apollo's assets under management reached approximately $908 billion as of September 30, 2025, indicating significant growth in its asset management business [8] - The company emphasized its ability to deliver excess returns for clients through innovative capital solutions and strategic growth plans [2][8] Dividends - The cash dividend for Common Stock will be paid on November 28, 2025, to shareholders of record as of November 17, 2025 [3] - The cash dividend for Mandatory Convertible Preferred Stock will be paid on January 31, 2026, to shareholders of record as of January 15, 2026 [4] Strategic Outlook - Apollo's CEO noted the company's unique positioning to capitalize on structural trends such as re-industrialization and aging populations, which are driving investor interest in private markets [2] - The company is focused on executing its strategic growth plan, with early progress reported by its global team [2]