Core Viewpoint - The Board of Directors of Abacus Global Management has authorized a $20 million share repurchase program, reflecting confidence in the company's long-term business model and financial strength [1][2]. Group 1: Share Repurchase Program - The $20 million share repurchase program is part of the company's capital allocation strategy, effective January 30, 2026 [1]. - The program aims to enable shareholders to benefit from strong and sustainable earnings while positioning the company for continued growth [2]. - Funding for the share repurchase will come from cash on hand and free cash flow [2]. Group 2: Company Overview - Abacus Global Management is a leader in the alternative asset management industry, focusing on longevity-based assets and personalized financial planning [3]. - The company utilizes proprietary data analytics and industry expertise to deliver innovative financial solutions for individuals and institutions [3].

Blackstone Inc. - Blackstone reported fourth-quarter distributable earnings per share of $1.75, a 4% increase year-over-year, surpassing the analyst consensus estimate of $1.53 [2] - Distributable earnings rose 3% year-over-year to $2.24 billion for the quarter [2] - Segment revenues were reported at $3.94 billion, down 5% year-over-year, but still beating the analyst consensus estimate of $3.72 billion [2] - Blackstone shares fell 2.6% to close at $142.94 on Thursday [6] International Business Machines Corporation (IBM) - IBM reported fourth-quarter revenue of $19.69 billion, exceeding the consensus estimate of $19.23 billion [3] - The company reported adjusted earnings of $4.52 per share, beating analyst estimates of $4.32 per share [3] Cisco Systems, Inc. - Cisco Systems was upgraded from In-Line to Outperform by Evercore ISI Group analyst Amit Daryanani, with a price target increase from $80 to $100 [4] - Cisco shares fell 0.7% to close at $78.43 on Thursday [6] Exxon Mobil Corporation - Exxon Mobil reported quarterly earnings of $1.71 per share, beating the consensus estimate of $1.67 [5] - The company posted revenue of $82.3 billion, surpassing the estimate of $81.47 billion [5] - Exxon Mobil shares rose 2.1% to settle at $140.51 [6]

Blackstone Reports Fourth Quarter and Full Year 2025 Results New York, January 29, 2026: Blackstone (NYSE:BX) today reported its fourth quarter and full year 2025 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, "Blackstone's extraordinary fourth-quarter results capped a record year for the firm. We delivered again for our limited partners, leading to $71 billion of inflows in the quarter — the highest in over three years. Our focus on investing at massive scale in the buildout of ...

Valued at $76.5 billion by market cap, Apollo Global Management, Inc. (APO) is a prominent alternative asset manager. Founded in 1990 and based in New York, Apollo specializes in private credit, private equity, and real assets. Apollo Asset Management has struggled to keep pace with the broader market, delivering a stark contrast to the recent equity rally. APO stock has plunged 21.5% over the past 52 weeks and 10.6% over the past six months, compared to the S&P 500 Index’s ($SPX) 15% surge and 9.2% rally ...

Core Viewpoint - President Trump's proposal to limit institutional purchases of single-family homes has negatively impacted the real estate sector and companies like Blackstone Inc. [1] Group 1: Blackstone's Exposure - Blackstone's shares experienced a decline following Trump's announcement regarding the executive order on institutional home purchases [2] - Institutional ownership in the single-family housing market is minimal, at 0.5%, with Blackstone's exposure being only 0.06% [3] - Blackstone's activities in the housing sector are mainly through its Tricon Residential platform, which is exempt from the executive order [3] Group 2: Financial Performance and Analyst Sentiment - Real estate contributed only 12.7% to Blackstone's revenue in fiscal year 2024, with housing representing an even smaller portion [4] - The company has faced negative analyst revisions, with firms like TD Cowen, UBS, and Barclays lowering their price targets [5] - Blackstone's stock closed at $146.79, down 1.09% on Wednesday, and has shown poor momentum in stock rankings [5]

Company Overview - Palistar Capital has appointed Ginu Thomas as chief operating officer and chief financial officer, effective immediately [1] - The firm specializes in private equity and structured investments, managing approximately $3.1 billion in assets [5] Leadership Changes - Ginu Thomas joined Palistar in September 2025 as chief administrative officer and has over 24 years of industry experience [2] - His responsibilities include overseeing all financial, accounting, operational, and administrative matters for the firm [2] Strategic Vision - Thomas expressed enthusiasm for his expanded role, highlighting the firm's strong foundation in digital infrastructure investing and its strategic vision [3] - Omar Jaffrey, founder and managing partner of Palistar, noted Thomas's immediate impact and extensive experience as a natural fit for broader responsibilities [5] Previous Experience - Prior to Palistar, Thomas served as CFO at Dvora and worked at Greenspot, focusing on EV infrastructure [3] - He has 12 years of experience as managing director and deputy COO at Angelo Gordon, and began his career at Ernst & Young in M&A advisory and audit assurance [4]

Core Insights - Oak Hill Advisors (OHA) acted as Joint Lead Arranger for Berkshire Partners' acquisition of United Flow Technologies (UFT), a key player in the municipal and industrial water and wastewater treatment sectors [1][3] Group 1: Oak Hill Advisors (OHA) - OHA has a long-standing relationship with Berkshire and possesses extensive expertise in the flow control distribution ecosystem, enabling quick underwriting and a tailored financing solution for UFT's growth [2] - OHA manages approximately $108 billion in capital across various credit strategies, emphasizing long-term partnerships to provide customized credit solutions [4] Group 2: United Flow Technologies (UFT) - UFT is recognized as a market leader in process and equipment solutions for municipal and industrial water and wastewater markets, focusing on innovation and customer service [6] Group 3: Berkshire Partners - Berkshire Partners is a 100% employee-owned investment firm focusing on U.S.-based middle-market companies, currently investing from its Fund XI, which closed in 2024 with approximately $7.8 billion in commitments [7] - The firm has a strong history of collaborating with management teams to grow its portfolio companies, having made over 150 private equity investments since inception [7]

Company Overview - Oak Hill Advisors (OHA) is a leading global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately $108 billion of capital across various credit strategies as of September 30, 2025 [4]. - United Flow Technologies (UFT) is a market leader in process and equipment solutions for municipal and industrial water and wastewater markets, focusing on innovation and customer service [6]. - Berkshire Partners is a 100% employee-owned investor specializing in private and public equity, with a focus on U.S.-based middle-market companies, currently investing from its Fund XI, which closed in 2024 with approximately $7.8 billion in commitments [7]. Transaction Details - OHA served as Joint Lead Arranger for Berkshire Partners' acquisition of United Flow Technologies, which is positioned to support UFT's next phase of growth [1][2]. - The financing solution provided by OHA was designed to facilitate UFT's expansion in a highly fragmented market, emphasizing the critical role UFT plays in ensuring reliable water and wastewater infrastructure [3]. Strategic Insights - OHA's longstanding relationship with Berkshire and its expertise in the flow control distribution ecosystem enabled a quick underwriting process for the acquisition [2]. - Alan Schrager, Senior Partner at OHA, highlighted Berkshire's strong history of scaling market-leading platforms, indicating confidence in UFT's potential for growth [3].

Core Insights - Brookfield and Blackstone are major players in the alternative investment sector, each managing over $1 trillion in assets [1] - Both firms have provided substantial returns to shareholders, with Blackstone achieving a 26.5% annualized total return over the past decade and Brookfield at 18.3%, both outperforming the S&P 500's 15.9% return [2] Company Overview - Blackstone operates a straightforward business model focused on alternative asset management, including private equity, credit & insurance, real estate, and hedge funds, generating steady management and performance fees [4] - Brookfield combines alternative asset management with a wealth management platform and a portfolio of operating companies, managing capital for investors while also investing directly in its funds and businesses [5] Growth Projections - Brookfield anticipates annual earnings growth exceeding 25% over the next five years, an increase from its previous five-year growth rate of 22% [6] - Despite its growth potential, Brookfield's current stock price of approximately $47 per share is significantly below its estimated intrinsic value of $68 per share [6] Investment Outlook - While Blackstone is expected to continue enriching its investors, Brookfield's undervalued stock and strong earnings growth outlook position it for greater potential returns in the future [7] - Both companies have been effective in creating wealth, with Blackstone returning most of its rising earnings to investors through dividends and share repurchases, while Brookfield allocates capital to enhance shareholder value [8]

Core Viewpoint - Patria Investments Limited will release its financial results for Q4 and full year 2025 on February 10, 2026, and will host a conference call at 9:00 a.m. ET [1] Company Overview - Patria is a global alternative asset management firm focused on the mid-market segment, with a strong presence in Latin America and Europe [3] - The firm has 37 years of experience and manages over $51 billion in assets, aiming to deliver attractive returns through long-term investments while promoting sustainable development [3] Investment Focus - Patria specializes in various asset classes including Infrastructure, Credit, Real Estate, Private Equity, Solutions (GPMS), and Public Equities [4] - Key sectors of investment include Agribusiness, Power & Energy, Healthcare, Logistics & Transportation, Food & Beverage, and Digital & Tech Services [4] - The investment regions targeted by Patria are Latin America, Europe, and the U.S. [4]