Core Viewpoint - Carronade Capital is advocating for significant changes in Cannae Holdings' governance and board composition, emphasizing the need for independent directors to enhance shareholder accountability and restore value [2][3][4]. Group 1: Shareholder Engagement and Accountability - Carronade Capital, a major shareholder of Cannae, has nominated four independent candidates for the board to address perceived governance failures and enhance shareholder value [2][4]. - The current board's actions, including the reincorporation from Delaware to Nevada, are viewed as attempts to manipulate corporate governance and deprive shareholders of their voting rights [3][5]. - Carronade Capital has expressed dissatisfaction with the board's performance, citing a history of poor governance practices and a lack of accountability [6][12]. Group 2: Financial Performance and Value Creation - Cannae has delivered a negative total shareholder return of -5.2% since its spin-off in 2017, significantly underperforming compared to market peers [9][12]. - The company's shares have traded at an average discount of -37% to its Net Asset Value (NAV) over the past three years, indicating a lack of investor confidence [9][12]. - Carronade believes that the election of its nominees could lead to a potential share price upside of over 50% within the next year through strategic initiatives [8][20]. Group 3: Proposed Changes and Initiatives - Carronade Capital proposes a series of initiatives aimed at returning capital to shareholders, reducing costs, and enhancing governance practices [20][21]. - The addition of independent directors is seen as crucial for ensuring accountability and driving necessary changes within the board [18][20]. - Carronade emphasizes the need for a clear investment strategy and timely return of capital to restore credibility and narrow the NAV discount [20][21].

Company Performance - Raymond James reported its fifth consecutive record year of revenues and earnings, indicating strong operational performance [3][4] - The company has seen a significant stock increase of approximately 128% over the past five years, reflecting investor confidence [2] Loan Quality and Market Conditions - The non-performing loans to total loans ratio at Raymond James is around 0.5%, which is historically low, suggesting strong loan quality [5] - Credit spreads in both high yield and investment grade categories remain near record lows, indicating a stable credit environment [6] Securities-Based Loans - The company is experiencing strong growth in the securities-based loans category, with expectations for increased demand as interest rates are projected to decline [1] - The issues faced by other banks, such as Silicon Valley Bank, were primarily liquidity and funding issues rather than credit issues, differentiating Raymond James' position [7][8] AI Investment and Strategy - Raymond James is significantly investing in AI, having appointed a chief AI officer and focusing on enhancing technology infrastructure for better client service [10][11] - The integration of AI is expected to drive productivity gains and earnings growth, benefiting both the company and its clients [12][13]

Core Viewpoint - StepStone Group Inc. is set to release its financial results for the second quarter of the fiscal year ending March 31, 2026, on November 6, 2025, after market close [1]. Group 1: Financial Results Announcement - The financial results will be for the quarter ended September 30, 2025 [1]. - A webcast and conference call will be held on the same day at 5:00 pm ET to discuss these results [2]. - The webcast will be accessible on the Shareholders section of the Company's website, with a replay available approximately two hours after the event [2]. Group 2: Company Overview - StepStone Group Inc. is a global private markets investment firm, focusing on customized investment solutions and advisory services [4]. - As of June 30, 2025, the Company managed approximately $723 billion in total capital, including $199 billion in assets under management [4]. - The client base includes large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4].

Core Viewpoint - Stepstone Group (NASDAQ:STEP) is positioned in a competitive market, with a new price target set by Morgan Stanley indicating potential growth in stock value [1][4]. Group 1: Stock Performance - STEP's current stock price is $63.15, reflecting a 3.64% increase from its previous value [2][4]. - The stock has shown significant volatility over the past year, with a high of $70.38 and a low of $40.07 [2][4]. - Today's trading range for STEP has been between $60.77 and $63.58 [2]. Group 2: Market Metrics - The market capitalization of STEP is approximately $7.82 billion, indicating its size and market presence [3]. - The trading volume for STEP is 231,874 shares, which highlights the stock's liquidity and investor interest [3]. Group 3: Analyst Insights - Michael Cyprys from Morgan Stanley has set a new price target of $66 for STEP, suggesting a potential increase of 5.35% from its current price [1][4].

Core Insights - KKR & Co. Inc. is a global investment firm managing various alternative asset classes, including private equity, energy, infrastructure, real estate, and credit, and is known for strategic investments and partnerships that drive growth [1] - Morgan Stanley has set a price target of $166 for KKR, indicating a potential price increase of about 35.4% from its current stock price of $122.60, reflecting confidence in KKR's strategic moves [2][5] - KKR's recent investment in Peak Re, in collaboration with Quadrantis Capital, enhances Peak Re's financial backing and aligns with KKR's strategy of expanding influence in diverse sectors [3][5] - KKR's stock has shown significant volatility over the past year, with a high of $170.40 and a low of $86.15, and currently has a market capitalization of approximately $109.15 billion [4][5] - The stock has traded between $120.06 and $123.04 today, with an active trading volume of 1,217,389 shares [4]

As filed with the U.S. Securities and Exchange Commission on October 15, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REGISTRATION STATEMENT ON FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PMGC HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 5912 33-2382547 (I.R.S. Employer Identification ...

As filed with the U.S. Securities and Exchange Commission on October 15, 2025. Registration No. 333-290428 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO REGISTRATION STATEMENT ON FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PMGC HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) Nevada 5912 33-2382547 (Primary Standard Industrial (I.R.S. Employer Classification Co ...

Core Points - MSC Income Fund, Inc. will release its third quarter 2025 results on November 13, 2025, after market close [1] - A conference call is scheduled for November 14, 2025, at 10:00 a.m. Eastern Time for investors to participate via phone or webcast [1][2][3] Company Overview - MSC Income Fund primarily provides debt capital to private companies, particularly those owned by or in the process of being acquired by private equity funds [4] - The Fund's investments support leveraged buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [4] - The Fund focuses on secured debt investments and maintains a portfolio of customized long-term debt and equity investments in lower middle market companies [4] - Portfolio companies typically have annual revenues between $25 million and $500 million for private loans and between $10 million and $150 million for lower middle market investments [4] Advisory Information - MSC Adviser I, LLC serves as the investment adviser and administrator for MSC Income Fund [5]

Core Viewpoint - Main Street Capital Corporation reported strong preliminary operating results for Q3 2025, highlighting a record net asset value per share and a significant increase in net fair value of its investment portfolio, leading to an estimated return on equity exceeding 16% for the quarter [2][5]. Financial Performance - The preliminary estimate of net investment income (NII) for Q3 2025 is projected to be between $0.95 and $0.99 per share, while distributable net investment income (DNII) is estimated to be between $1.01 and $1.05 per share [3]. - The estimated net asset value (NAV) per share as of September 30, 2025, is between $32.74 and $32.82, reflecting an increase of $0.44 to $0.52 per share, or 1.3% to 1.6%, from the previous NAV of $32.30 as of June 30, 2025 [4]. Investment Portfolio Activity - The total lower middle market (LMM) portfolio investments amounted to $106.2 million, resulting in a net increase of $61.3 million in the total cost basis of the LMM investment portfolio after accounting for repayments and realized losses [8]. - The total private loan portfolio investments were $113.3 million, leading to a net decrease of $68.8 million in the total cost basis of the private loan investment portfolio due to repayments and realized losses [8]. Upcoming Events - Main Street will release its Q3 2025 results on November 6, 2025, after market close, followed by a conference call on November 7, 2025, at 10:00 a.m. Eastern time [6].

Company Overview - Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world [1][2] - The company operates three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses, which include renewable power, infrastructure, business and industrial services, and real estate [1] Financial Performance - Brookfield Corporation has a track record of delivering over 15% annualized returns to shareholders for more than 30 years [2] - The company attributes its success to a conservatively managed balance sheet, extensive operational experience, and global sourcing networks that allow consistent access to unique opportunities [2] Upcoming Events - Brookfield Corporation will host its third quarter 2025 conference call and webcast on November 13, 2025, at 9:00 am (ET) [1] - Results will be released on the same day at approximately 7:00 am (ET) and will be available on the company's website [1]