Charlotte Morris, partner at Pantheon and lead manager of Pantheon International PLC (LSE:PIN, FRA:PAA0) talked with Proactive's Stephen Gunnion about the company’s interim results for the six months to 30 November 2025, outlining NAV growth, share price performance, strategic refinements and outlook for private equity markets. During the period, PIN reported a 4.9% increase in net asset value (NAV), driven by modest underlying valuation gains, investment income and favourable currency movements, as the ...

F E B R U A R Y 2 6 , 2 0 2 6 Important Information This presentation has been prepared by The Carlyle Group Inc. (together with its affiliates, "Carlyle") and may only be used for informational purposes. All information contained herein is presented as of December 31, 2025, unless otherwise specifically noted. Unless otherwise expressly stated herein, any analysis or outlook relating to the matters discussed herein express Carlyle's views only as of February 26, 2026. This presentation may not be reference ...

Opinion: Wall Street is courting Main Street with shiny private-market products — the risks are hiding in plain sight - MarketWatch## Outside the Box# Opinion: Wall Street is courting Main Street with shiny private-market products — the risks are hiding in plain sight## Private credit and other institutional investments are now within reach for individuals. But their promises don't always align with your portfolio.Published: Feb. 26, 2026 at 8:05 a.m. ETShareResize---Listen(9 min)Buying into a private-marke ...

Group 1 - The current leverage in the market, particularly in private equity and private credit, is a significant concern for future risks [1] - The software sector has been notably affected by leverage, with 17% of Blue Owl Capital's loan book allocated to this sector, which is trading at a 170% premium to the S&P 500 despite recent corrections [2] - There are growing concerns about the Asian market, particularly in Korea and Taiwan, as it has become nonlinear recently [3] Group 2 - The halt on redemptions at Blue Owl Capital's retail credit fund may signal potential risks, drawing parallels to events leading up to the 2008 financial crisis [4] - Historical parallels are noted with the collapse of New Century Financial in April 2007 and subsequent fund closures by BNP, leading to the failures of Lehman Brothers and Bear Stearns [5] - The ongoing capex boom in AI among US mega-cap tech companies raises questions about the return on investment, with potential implications for the supply chain in Asia if there is a moderation in spending [6]

Core Insights - Hampton Financial Corporation announced the results of its Annual Meeting of Shareholders held on February 25, 2026, where all matters proposed in the management information circular dated January 27, 2026, were approved, including the election of six incumbent directors [1] Company Overview - Hampton Financial Corporation is a private equity firm focused on building shareholder value through long-term strategic investments [2] - The company operates through its subsidiary, Hampton Securities Limited, which provides family office services, wealth management, institutional services, and capital markets activities, and is regulated by the Investment Industry Regulatory Organization of Canada [2] - Hampton also offers investment banking services, including capital raises, mergers and acquisitions advisory, and assistance with listings on recognized securities exchanges in Canada [2] - The company is involved in commercial lending through its subsidiary, Oxygen Working Capital Corp., which provides financing solutions to businesses across Canada [2] - Hampton is actively seeking to diversify its revenue base through selective strategic investments in complementary and non-core sectors, leveraging the expertise of its Board of Directors and management team [2]

Key TakeawaysDingdong's decision to sell its domestic operations to Meituan highlights the brutal reality of China's instant commerce price warsIndia's rejection of a Chinese private equity investment in an Italian firm signals a new era of global protectionism over advanced technologyImage Credit: Bamboo WorksIn this kind of business, it's all about scale. To grow market share, companies offer incentives and cut prices, prompting their rivals to jump in and do exactly the same. We've seen similar price war ...

证券代码：600216 证券简称：浙江医药 公告编号：2026-003 浙江医药股份有限公司与私募基金合作投资公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 投资标的名称：廊坊信慧银发经济股权投资基金合伙企业（有限合伙）（以下简称"合伙企业"、"标 的基金"）。 ● 出资金额：合伙企业的全部认缴出资额为8亿元，浙江医药股份有限公司（以下简称"公司"）作为有 限合伙人以自有资金认缴出资2.5亿元，占合伙企业认缴出资总额的31.25%。 根据公司《章程》等有关规定，本次交易未达到公司董事会及股东会审议标准，无需提交董事会或股东 会审议，后续合伙企业尚需履行工商变更登记、基金备案等程序。 ● 相关风险提示 合伙企业在后期运营过程中，所投资项目可能受到宏观经济、行业周期、投资标的运营管理等多种因素 影响，投资进展及项目完成情况存在一定的不确定性，存在无法实现预期收益乃至投资本金受损的风 险。 一、合作情况概述 （一）合作的基本概况 2026年2月24日，公司与普通合伙人中信医疗健康股权投资私募基金管理（北京） ...

Nasdaq, Dow Jones recover as new Trump tariffs begin, IMB and Salesforce rebound Proactive uses images sourced from Shutterstock 11:30am: Rally resumes US stocks have recovered some of Monday’s losses, with the Nasdaq up 0.9%, the Dow Jones up 0.8% and the S&P 500 up 0.6% late morning. “Most global stock indices recovered despite mixed economic data while cryptocurrencies stayed under pressure amid investor fatigue,” IG chief technical analyst Axel Rudolph said. “While Bitcoin dipped below the $63,000 ...

Core Insights - Onex's acquisition of Convex is expected to significantly enhance value creation, with Convex's tangible book value at $3.8 billion and an effective acquisition multiple of 1.8x tangible book value and 10x 2025 net income [1][5] - Convex reported a gross premium written of $5.9 billion in 2025, reflecting a 14% year-over-year increase, and maintained a combined ratio of 89% for the third consecutive year [2] - Onex's ownership of Convex is approximately 63%, with Convex's net income for 2025 reported at $711 million, a 25% increase from the previous year [3][4] Financial Performance - Convex's net income increased by 40% from $506 million in 2024 to $711 million in 2025, resulting in a 20% return on equity [3] - Onex's total distributions from Onex Partners reached $7.7 billion in 2025, with significant realizations contributing to this figure [10] - The asset management segment generated earnings of $49 million in Q4, with fee-generating AUM ending the quarter at nearly $44 billion, a 24% increase during the year [15] Strategic Outlook - Onex plans to focus on direct investments with strong risk-adjusted returns and low leverage, supporting a transition towards consistent net income and free cash flow growth [7] - The company is utilizing a sum-of-the-parts framework to reflect intrinsic value, estimating it at $174 based on the Convex acquisition valuation [8] - Onex expects firm-wide run-rate FRE to exceed $17 million by the end of 2026, with projections indicating growth in the low- to mid-$20 million range for that year [16] Capital Allocation and Liquidity - Onex drew $700 million under a NAV loan facility at closing, retaining approximately $400 million in cash and near-cash, resulting in total liquidity of about $900 million [17] - The company has nearly $5 billion in private equity investments against $735 million in unfunded commitments, indicating a strong position to fund capital needs [18] - Onex's structured credit team successfully priced 28 CLOs in 2025, raising over $6 billion in new fee-generating AUM [12]

Key TakeawaysRBC Capital Markets has initiated coverage on major private equity firms Blackstone, KKR, and TPG with Outperform ratings, signaling a highly bullish outlook for the alternative asset management sector.Citigroup raised its price target for BHP Group to 2,800p (up from 2,600p), following a trend of analyst upgrades driven by the company's strong copper momentum and disciplined balance sheet.President Volodymyr Zelenskiy marked the fourth anniversary of the full-scale invasion of Ukraine, reaffir ...