NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTIONTO U.S. WIRE SERVICES TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”) announced today the completion of its previously announced offering of Class AA Preferred Shares, Series 17 (the “Series 17 Preferred Shares”). A total of 5,000,000 Series 17 Preferred Shares were issued at an offering price of US$25.00 per Series 17 Preferred Share, raising gross proceeds of US$125,000,000. The issuance included 1,000,000 ...

Core Insights - StepStone Group has successfully launched the StepStone Private Equity Strategies Fund (STPEX), raising over $750 million since its inception in September 2025, and it is now available on major custodian platforms [1][7]. Fund Structure and Strategy - STPEX is an evergreen interval fund that invests in private equity assets managed by top-tier sponsors identified by StepStone, aiming for long-term capital appreciation [2][3]. - The fund offers individual investors, financial advisors, and institutions access to a diversified portfolio of private market investments, primarily through secondary purchases and co-investments [2][3]. - STPEX allows for daily capital raising and provides liquidity through semi-annual redemptions, with a current expectation of up to 5% of the Fund's net asset value [4][9]. Investment Approach - The fund's capital is invested alongside StepStone's institutional clients by a global private equity team of over 190 investment professionals, responsible for managing approximately $389 billion of capital as of September 30, 2025 [3][6]. - STPEX was developed in response to feedback from partners in the wealth management channel, focusing on providing a private equity strategy with low minimum investments and daily valuation [3][5]. Accessibility and Investor Requirements - The minimum investment for STPEX is set at $5,000, and it is available to investors in the United States without any accreditation requirements [4][6]. - The fund is structured to offer various share classes tailored for different wealth management platforms, enhancing accessibility for a broader group of investors [4][5].

GREENWICH, Conn., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) (the “Company,” “we,” or “our”) today announced the following net asset value (“NAV”) estimate as of October 31, 2025. Management’s unaudited estimate of the range of the NAV per share of our common stock as of October 31, 2025, is between $18.21 and $18.51. This estimate is not a comprehen ...

Glencore and Hillhouse Investment Management plan to invest in Chuangxin Industries Holdings’ upcoming IPO in Hong Kong, sources say https://t.co/mgcG7h93Gn ...

Core Insights - The article highlights two investment opportunities with strong dividend yields and positive earnings growth projections, specifically focusing on AllianceBernstein and USA Compression Partners [2][3][9]. Group 1: AllianceBernstein (AB) - AllianceBernstein has reported a record assets under management (AUM) of $860 billion in Q3, with an annual dividend yield of 8.67%, significantly higher than the industry average of 2.27% [3][4]. - The company maintains a low debt-to-capital ratio, indicating a secure dividend, and has a trailing twelve-month return on equity (ROE) of 21%, compared to the industry average of 9% [4]. - Recent earnings per share (EPS) revisions for FY25 and FY26 have shown modest increases, making it an attractive time to consider adding positions in AB, which trades at approximately $40 per share and 11 times forward earnings, with an expected annual EPS growth of nearly 15% next year [5]. Group 2: USA Compression Partners (USAC) - USA Compression Partners, a Master Limited Partnership (MLP), is projected to achieve a 30% increase in EPS this year and a further 38% increase in FY26 [9][10]. - The MLP offers an annual dividend yield of 8.75% and trades at under $25 per share, with a forward earnings multiple of 27 times, which is reasonable given its EPS growth [11]. - Over the last 60 days, EPS revisions for FY25 and FY26 have increased by over 5% and 7% respectively, indicating positive momentum [12].

Core Insights - Wilmington Capital Management Inc. reported a net loss of $0.2 million for Q3 2025 and $0.6 million for the year-to-date, compared to a net loss of $0.01 million and net income of $1.2 million for the same periods in 2024 [2][8] - The company has successfully implemented a monetization plan to unlock value from its investments, aiming to distribute capital to shareholders and simplify its business operations [3] - A leadership transition is underway, with key executives stepping down at the end of 2025, and Andrew Cockwell appointed as interim Chairman [4][5] Financial Performance - For the three months ended September 30, 2025, management fee revenue was $0, while interest, distributions, and other income totaled $268,000, down from $315,000 in 2024 [7] - Total expenses for Q3 2025 were $514,000, compared to $448,000 in Q3 2024, with general and administrative expenses increasing to $506,000 from $440,000 [7] - The total comprehensive loss for Q3 2025 was $375,000, compared to a comprehensive income of $57,000 in Q3 2024 [8] Balance Sheet Overview - As of September 30, 2025, total assets were $36.1 million, down from $38.7 million at the end of 2024 [9] - Current assets included cash of $33.9 million, a decrease from $36.3 million in December 2024 [9] - Total liabilities were significantly reduced to $691,000 from $2.5 million at the end of 2024, indicating improved financial health [9] Management and Strategic Direction - The leadership transition is part of a broader strategy to ensure the company remains dynamic and successful in the future [4][5] - The company has historically focused on alternative asset classes for long-term capital appreciation rather than current income [6] - The management team has been recognized for their contributions to building unique investment platforms and delivering strong financial performance [4]

CorpGov and  IPO Edge are pleased to provide complete video coverage of the fifth annual Palm Beach CorpGov Forum held on Nov. 5-6, featuring a two-day event with panels, firesides and networking receptions. The event comprised an array of speakers from the worlds of corporate governance, activism, IPOs, private equity and venture capital. Steve Bruce, Managing Partner at ASC Advisors, mentioned why companies should write all their investor letters as if they were going to be published to the public. The ...

Group 1 - Warren Buffett's performance as CEO of Berkshire Hathaway is under scrutiny as the company underperformed the S&P 500 in 2025, with Berkshire stock up 11.3% compared to the S&P 500's 16.9% gain [5] - Berkshire Hathaway significantly increased its stake in Pool Corp by 136% in Q2 2025, following a 145% increase in Q1 2025, bringing the total shares held to 3,458,885 [2] - Pool Corp, a leading distributor of pool equipment, has missed revenue estimates for three consecutive quarters, resulting in a decline in its stock price from $291.48 at the end of Q2 to $251.87 [3] Group 2 - The current value of Berkshire Hathaway's stake in Pool Corp is approximately $871.19 million, reflecting a loss of around $137 million or 13.6% since the end of Q2 [4] - The upcoming third-quarter 13F filing from Berkshire Hathaway is anticipated to reveal any new positions or changes in existing investments, particularly regarding Pool Corp [6]

CorpGov and  IPO Edge are pleased to provide complete video coverage of the fifth annual Palm Beach CorpGov Forum held on Nov. 5-6, featuring a two-day event with panels, firesides and networking receptions. The event comprised an array of speakers from the worlds of corporate governance, activism, IPOs, private equity and venture capital. The panelists discussed the importance of activism both from inside and outside of companies, the role of independent directors, and why shareholder activism and active ...

Exclusive: Private-equity firm Clearlake Capital Group is buying investment manager Pathway Capital Management in a deal that will roughly double its assets under management https://t.co/tD9mzXVd1U ...