Fee Related Earnings, a non-GAAP metric measuring recurring profits from core management and advisory work, climbed 31% year-over-year to $83.7 million in Q1 FY2026. The Fee Related Earnings margin (non- GAAP) also rose to 51% in Q1 FY2026, up from 45% a year ago. this was offset by a 26% year-over-year decrease in incentive fees and specialized funds management fees (GAAP) decreased 8% year-over-year. Management and advisory fees remained the largest source of revenue, though they dipped 4% year-over-year ...

The upcoming report from Carlyle Group (CG) is expected to reveal quarterly earnings of $0.91 per share, indicating an increase of 16.7% compared to the year-ago period. Analysts forecast revenues of $957.66 million, representing an increase of 21.4% year over year. Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the c ...

BlackRock Inc. investment advisers will place as much as $1 billion in LendingClub Corp.’s marketplace programs through next year under a deal struck between the two companies https://t.co/0erzbhkKPs ...

The UK’s FCA fined Neil Woodford, the once-renowned investment manager, and his fund empire a total of £46 million over shortcomings in the lead up to the fund’s collapse https://t.co/0q3JJLsLSy ...

Financial Performance - Net investment income increased to $2.5 million, or $0.83 per share, driven by incentive fee reversal[9] - Total expenses were a benefit of $864,000, reflecting a $1.5 million capital gains incentive fee reversal[9] - Total investment income decreased by 25% due to repayments exceeding originations[9, 32] - Adjusted expenses decreased 38% to $626,000 in Q2 2025, excluding the capital gains incentive fee benefit[32] - Net Asset Value (NAV) decreased from $65.3 million to $56.7 million[35] Portfolio Composition and Activity - The fair value of the investment in Tilson Technologies decreased by $9.5 million due to bankruptcy filing[20] - Portfolio mix at quarter-end: 86% fixed-rate debt investments and 14% equity investments in private companies[17] - Annualized weighted average yield of debt investments was 12.2% at June 30, 2025[17] - Total investments at fair value of $52.4 million[24] Liquidity and Dividends - Ended the quarter with approximately $25 million in liquidity and no debt[9] - Maintained quarterly dividend at $0.29 per share[38] - $20.2 million available credit capacity[38]

The newest appointments represent a strategic investment in talent as Grayscale continues to capitalize on unprecedented momentum in the digital asset class. Zhang was deputy to the co-CEO at Bridgewater Associates and was recently COO of BlockTower Capital. Boston joins from Apollo Global Management, where she served as Global Head of Client Marketing, building full-scale strategic marketing functions for global wealth and institutional channels. Williams built Oaktree's Corporate Communications function f ...

Core Insights - Infrastructure Capital Advisors is a prominent provider of investment management solutions aimed at income-focused investors [1] - Jay Hatfield serves as CEO and CIO, leading the investment team and managing multiple ETFs and private accounts [1] - The company is frequently featured in major financial media outlets, enhancing its visibility and credibility in the investment community [1] Company Overview - Infrastructure Capital manages a range of investment products including the InfraCap Small Cap Income ETF (NYSE: SCAP), InfraCap Equity Income Fund ETF (NYSE: ICAP), InfraCap MLP ETF (NYSE: AMZA), Virtus InfraCap U.S. Preferred Stock ETF (NYSE: PFFA), and InfraCap REIT Preferred ETF (NYSE: PFFR) [1] - The firm publishes a monthly market and economic report, quarterly commentaries, and various research materials to support investors [1] - Infrastructure Capital also engages in educational initiatives through monthly webinars and participation in industry conferences [1]

Core Viewpoint - Thornburg Income Builder Opportunities Trust announced a monthly distribution of $0.10417 per share, payable on August 20, 2025, with a record date of August 11, 2025, indicating stability in its distribution policy [1][2]. Distribution Details - The current monthly distribution of $0.10417 per share remains unchanged from the previous declaration [1]. - The cumulative distributions for the fiscal year to date (FYTD) amount to $1.14587 per share, with net investment income contributing $0.94248 (82%) and net realized short-term capital gains contributing $0.13800 (12%) [2]. - The Trust's distribution includes a short-term capital gain and does not include a return of capital or long-term capital gain [1][2]. Investment Objective - The Trust aims to provide current income and additional total return by investing at least 80% of its managed assets in a diverse range of income-producing securities, including both equity and debt securities globally [3]. Tax Considerations - As a registered investment company, the Trust is subject to a 4% excise tax if it fails to distribute at least 98% of its ordinary income and 98.2% of its capital gains by the end of the calendar year [4]. - The specific tax characteristics of distributions will be reported to shareholders on Form 1099 after the end of the 2025 calendar year [1]. Company Overview - Thornburg Investment Management manages $49 billion in client assets as of June 30, 2025, and offers a variety of investment products including mutual funds, ETFs, and closed-end funds [6].

Market Overview & Investment Strategy - Exponence, a multi-strategy investment firm, manages $22 billion in assets across equity, fixed income, and alternative investment strategies [1] - The firm believes the world is undergoing a regime change to a multipolar world, impacting long-term investment implications [5][6] - Exponence emphasizes understanding geopolitical constraints versus preferences when making investment decisions [19][20] - The firm leans towards a value-oriented investment approach, balancing fundamentals with environmental changes [21] Equity Market & AI - The market's earnings expectations for hyperscale AI companies are viewed with skepticism over the next one to two years [8][9] - It remains to be seen whether AI's productivity benefits will translate into sustained earnings for individual companies [9] International Markets - Europe is seen as an interesting market for the balance of the year due to fiscal space, reduced intracontinental barriers, and favorable regulatory environment [10][11] - The firm is bullish on European private equity and domestically focused sectors like telecommunications [12] Private Markets & Alternative Investments - Private markets are primarily an institutional play, with tailwinds for European small-cap and private markets [13] - Including private markets in long-dated target date or target risk portfolios for retail investors (through 401ks) is acceptable with appropriate guard rails [15]

The fund's August 1st ex-dividend date marks the beginning of CAIE's regular monthly distribution schedule, with J.P. Morgan continuing to serve as primary swap counterparty and MerQube Indices providing the underlying autocallable index methodology. CAIE DISTRIBUTION DETAIL | DECLARATION DATEEX DATE | RECORD DATEPAYABLE DATEDISTRIBUTION | | | | | --- | --- | --- | --- | --- | | 07/31/2025 | 08/01/2025 | 08/01/2025 | 08/08/2025 | $0.38592 | | 08/29/2025 | 09/02/2025 | 09/02/2025 | 09/08/2025 | --TBD | | 09/ ...