Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on financial markets, launching a book titled "Financial Markets: The Next Generation" in 2025 [1] - He has a non-traditional financial background, having worked as an analyst in the IT sector for Fortune 500 companies, which has informed his approach to equities research [1] - In 2021, he founded his own equities research firm, Albert Anthony & Company, which operates remotely [1] Company Background - Albert Anthony & Company was established in 2021 and is managed entirely remotely, reflecting a modern approach to business operations [1] - The firm provides general market commentary and research based on publicly available data and personal analysis, without offering personalized financial advisory services [1] Professional Experience - Albert Anthony has participated in numerous business and innovation conferences in Croatia, contributing to his understanding of the fast-growing southern European economy [1] - He has completed degrees and ongoing training from institutions such as Drew University and the Corporate Finance Institute, enhancing his expertise in financial markets [1] Media Presence - In addition to writing for platforms like Seeking Alpha and Investing.com, Albert Anthony is launching a YouTube show titled "Financial Markets with Albert Anthony" in 2025, where he will provide market commentary [1] - He has also been involved in European casting agencies, appearing in over five productions, showcasing a diverse skill set beyond finance [1]

ORLANDO, Fla., June 23, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ: ABL), a leader in the alternative asset management space, announced the public launch of their new corporate-focused commercial campaign on June 12, 2025, at their Investor Day and Longevity Summit held at Nasdaq in New York City. The campaign is centered around Abacus' positioning as a visionary leader in longevity-based asset management. In the commercial, Abacus CEO Jay Jackson depicts the ...

Core Viewpoint - Apollo has signed an agreement to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (EDF) to primarily finance EDF projects in the UK, particularly the Hinkley Point C nuclear power station, marking one of the largest sterling-denominated note issuances on record [1][2]. Group 1: Investment Details - The investment will be used mainly for EDF projects in the UK, with a focus on the Hinkley Point C nuclear power station [1]. - This transaction is noted as the largest-ever capital funding transaction executed by EDF and the largest private credit transaction in the sterling market [2]. - Apollo has a history of investing in French companies, having provided €2.5 billion of High-Grade Capital Solutions to Air France-KLM in recent years [2]. Group 2: Apollo's Investment Strategy - Since 2020, Apollo has originated over $100 billion of bespoke capital solutions for leading companies, including Intel, Air France-KLM, BP, Sony, and AB InBev [3]. - Apollo aims to provide clients with excess returns across the risk-reward spectrum, from investment-grade credit to private equity [5]. Group 3: Legal and Financial Advisory - Latham & Watkins, LLP and Kirkland & Ellis LLP acted as legal counsel to Apollo, while Apollo Capital Solutions Europe B.V. provided structuring and arrangement services for the transaction [4]. - BNP Paribas and Hogan Lovells, LLP served as financial and legal advisors to EDF, respectively [4].

Core Viewpoint - Trinity Capital Inc. has declared a cash dividend of $0.51 per share for the quarter ending June 30, 2025, marking the 22nd consecutive quarter of consistent or increased dividends for its shareholders [1] Dividend Summary - The dividend declaration date is June 18, 2025, with a record date of June 30, 2025, and a payment date of July 15, 2025 [2] - The company's objective is to distribute approximately 90% to 100% of its taxable quarterly income to qualify for tax treatment as a regulated investment company under the Internal Revenue Code of 1986 [2] Tax Characteristics - Dividends are paid from taxable earnings and may include a return of capital and/or capital gains, with specific tax characteristics reported to stockholders on Form 1099-DIV after the calendar year [3] Company Overview - Trinity Capital Inc. is an international alternative asset manager focused on delivering consistent returns through access to private credit markets, with five business verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences [4] - The company is headquartered in Phoenix, Arizona, and has a dedicated team located across the United States and in London [4]

Financial Data and Key Metrics Changes - Digital Bridge has grown its assets under management from less than $20 billion four and a half years ago to $100 billion today, while simplifying its balance sheet by eliminating $19 billion of debt and selling off $50 billion of real estate [9][10][11] - The company currently holds approximately $300 million in debt, which is securitized against its fee streams and funds [11] Business Line Data and Key Metrics Changes - The company transitioned from being balance sheet heavy to a more balanced approach, now described as balance sheet neutral, focusing on maximizing shareholder value through judicious capital allocation [23][24] - Digital Bridge has established new teams and strategies, including a credit team, late-stage venture growth team, and a liquid securities group, to enhance its capital deployment capabilities [14][15] Market Data and Key Metrics Changes - The digital infrastructure market is experiencing significant capital inflows, particularly in AI, with an estimated $7 trillion opportunity for AI infrastructure, which Digital Bridge aims to capitalize on [32][63] - The company is witnessing a shift in investor interest, with sophisticated LPs becoming more discerning and seeking unique, proprietary investment opportunities in the digital space [42][44] Company Strategy and Development Direction - Digital Bridge is positioning itself as a multi-strategy alternative asset manager, focusing on digital infrastructure, power, and real estate, with a strong emphasis on customer relationships and long-term contracts [15][54] - The company aims to leverage its extensive data center portfolio and customer relationships to create unique opportunities in power generation and trading, particularly in the context of the AI economy [60][61] Management's Comments on Operating Environment and Future Outlook - Management believes that digital infrastructure will continue to be a critical necessity for the global economy, driven by trends such as cloud computing, AI, and 5G [16][17] - The company is optimistic about its fundraising efforts, projecting to grow fee-earning AUM from $35 billion to over $40 billion within the year, supported by strong investor receptivity [50][51] Other Important Information - Digital Bridge has identified a significant opportunity in the power sector, with plans to build microgrids and sell excess power, which could yield higher returns than traditional infrastructure investments [58][59] - The company is also focusing on acquiring and operating investment-grade data centers, targeting a market that is currently underserved due to a shift in real estate allocations [67][69] Q&A Session Summary Question: Where does Digital Bridge fall in the balance sheet light or heavy spectrum? - Management indicated that the company is transitioning from balance sheet heavy to balance sheet neutral, focusing on effective capital allocation to maximize shareholder value [21][24] Question: How does the build-out of AI compare to previous technological shifts? - Management noted that while there are similarities in the cyclical nature of technological advancements, the scale of investment required for AI infrastructure is unprecedented, with a projected $7 trillion opportunity [32][33] Question: How sophisticated are the LPs in terms of allocating to infrastructure? - Management observed that sophisticated LPs are becoming more discerning and are looking for unique, proprietary investment opportunities rather than generic offerings [42][44]

Summary of TPG Conference Call Company Overview - **Company**: TPG (TPG) - **Industry**: Alternative Asset Management - **Assets Under Management**: Over $250 billion [2] Key Points and Arguments Leadership and Company Evolution - Todd Csisiski has been with TPG since its inception and has evolved from leading healthcare investments to becoming President, focusing on strategic growth and collaboration [3][5][6] - TPG emphasizes a culture of performance and collaboration, with a flat organizational structure that encourages participation from all professionals [11][12] Macro Environment and Portfolio Performance - The global economy has shown resilience despite volatility, with TPG's private equity revenue growth reported at 18% and EBITDA growth at 24%, significantly outperforming the S&P [15][16] - TPG focuses on secular growth areas and has maintained a cautious approach to macroeconomic conditions, which has contributed to strong portfolio performance [17][18] Capital Markets and Investment Pipeline - TPG remains active in capital markets, with a healthy pipeline of proprietary deals, particularly in private equity, credit, and real estate [20][22][24] - The firm has seen opportunities in distressed assets and is not heavily exposed to U.S. office markets, allowing for strategic investments [26][27] Geographic Focus and Investment Opportunities - TPG identifies compelling opportunities in Europe, particularly in technology, healthcare, and real estate sectors [29][30] - In Asia, TPG is focusing on Australia, India, and Southeast Asia, while being less active in China due to regulatory uncertainties [30][31] Exit Activity and Liquidity - TPG has been proactive in exit strategies, with 60% of private equity exits to strategic buyers, and has maintained good liquidity despite market volatility [38][39] - The firm has successfully executed multiple exits in 2023, indicating a strong liquidity position [39] Fundraising and Investor Relations - TPG expects to raise significantly more capital in 2025 compared to 2024, with strong interest in their flagship funds [45][46] - The firm is experiencing differentiated interest from investors due to its strategic approach and strong performance metrics [46][49] Credit and Structured Finance - TPG is optimistic about its credit business, particularly after the acquisition of Angelo Gordon, and is seeing strong demand for structured credit products [55][57] - The firm is focusing on cross-selling opportunities and expanding its credit offerings, which have seen significant growth since the acquisition [58] M&A Strategy - TPG is open to both organic and inorganic growth, with a focus on platform transactions that enhance existing capabilities [64][66] - The firm is actively exploring strategic partnerships, particularly in the insurance sector, to enhance its service offerings [68][70] Cultural Integration Post-Acquisition - The integration of Angelo Gordon has been successful, with a strong emphasis on collaboration and shared values between the two firms [60][62] Additional Important Insights - TPG's approach to investment is characterized by a focus on operational capabilities and strategic partnerships, which has led to unique deal sourcing opportunities [23][28] - The firm is positioning itself to capitalize on the growing demand for climate-related investments, reflecting a broader trend in the market [51][52]

Summary of Ares Management Conference Call Company Overview - **Company**: Ares Management - **Assets Under Management**: Approximately $550 billion, making it one of the largest alternative asset managers globally [2] Macro Economic Insights - **Global Economy**: The portfolio has held up well despite macroeconomic volatility, with no significant red flags observed in portfolio companies [4][5] - **Portfolio Performance**: - Low loan-to-value (LTV) ratios around 40% indicate strong equity positions from sponsors [6] - Interest coverage improved from 1.6 times to 2 times, with EBITDA growth in the low double digits, specifically 11% in Q1 [6][7] - **Impact of Tariffs**: Minimal impact from tariffs on portfolio performance, with only a single-digit percentage effect noted [7] Market Activity and Outlook - **Transaction Activity**: Anticipation of increased transaction activity as private equity firms look to monetize aged assets, with a significant amount of dry powder available [9][10] - **Pipeline Dynamics**: Activity that was expected in Q2 may shift to Q3 and Q4 due to a temporary pause in transactions [11] - **Deployment Opportunities**: - Over $140 billion of dry powder available for deployment, with a focus on secondaries, asset-backed financing, and real estate [12][14][15] - Year-over-year increase of 160% in secondaries deployment [14] Competitive Landscape - **Private Credit Growth**: The private credit market is experiencing significant growth, attracting new entrants and increasing competition [23] - **Market Dynamics**: The influx of retail dollars has led to compressed spreads in larger check sizes, prompting a strategic pivot to core and lower middle markets [25][27] Future Growth Areas - **Direct Lending**: Expected growth rate of 15% to 20% over the next five years, supported by strong demand and dry powder [34][35] - **Asset-Backed Finance (ABF)**: Significant growth potential in both liquid rated and illiquid non-rated segments, with a focus on insurance partnerships [36][37] - **Real Estate Debt**: Anticipated growth due to maturing bank debt, providing opportunities for Ares to partner with banks [40][41] Private Wealth Management - **Market Strategy**: Ares aims to grow its private wealth management segment, targeting $100 billion in AUM by 2028 [49] - **Product Development**: Introduction of new products, including a sports media entertainment fund, to attract retail investors [45][46] Financial Performance and Projections - **Fee-Related Earnings**: Targeting a growth rate of 16% to 20% over the next five years, driven by various business segments [55] - **Retail Flows**: Strong retail inflows in Q1, with expectations for continued strength in Q2 despite slight fluctuations [54] Technological Advancements - **AI Integration**: Ares is leveraging AI to enhance portfolio management and operational efficiency, with ongoing projects to identify use cases and improve decision-making processes [67][68][71] Conclusion - Ares Management is well-positioned for growth in the alternative asset management space, with a strong portfolio, significant dry powder for deployment, and strategic focus on emerging market opportunities and technological advancements.

Core Viewpoint - Abacus Global Management strongly refutes the allegations made in a short seller's report, asserting that the claims regarding its reliance on a single life expectancy provider and inflated balance sheet valuation are incorrect [2][22]. Group 1: Response to Short Seller Allegations - The short seller's report claims that Abacus relies too heavily on Lapetus Solutions for life expectancy estimates, which the company denies, stating that it does not depend on Lapetus for portfolio valuation [2][6]. - Abacus engaged Lewis and Ellis, a third-party actuarial firm, to validate its policy balance sheet, confirming that the valuation of $449 million as of March 31, 2025, aligns closely with its own reported valuation of $446 million [9][6]. - The company emphasizes that its valuation methodology incorporates a mark-to-market approach, which is based on actual market transactions rather than solely on life expectancy estimates [12][10]. Group 2: Valuation Methodology - Abacus employs a dual valuation approach: life expectancy estimates for consumer-facing transactions and market-based valuations for balance sheet management, ensuring fair pricing and accurate asset valuation [10][11]. - The company prioritizes market reality in its trading portfolio, which allows for a more accurate reflection of asset value based on actual transaction history [20][12]. - Recent market transactions support the accuracy of Abacus's valuation model, with the company selling 226 policies for $141.4 million, closely matching the estimated balance sheet value of $139.1 million [15][16]. Group 3: Shareholder Commitment and Future Outlook - Abacus executives and shareholders collectively own approximately 46% of the outstanding shares, with a two-year lock-up period expiring on July 3, 2025, which is expected to positively impact the company's inclusion in the Russell 2000 and 3000 indices [17][19]. - The company asserts that the expiration of the lock-up period is not an opportunity for large shareholders to cash out but rather a chance to drive the company towards its next milestones [18][19]. - Abacus is committed to transparent communication with shareholders regarding any future share sales, emphasizing its long-term dedication to increasing shareholder value [20][21].

Core Viewpoint - FS Credit Opportunities Corp. (FSCO) announced a 5.1% increase in its monthly distribution rate for June 2025, reflecting strong income generation from select investments and a commitment to delivering value to shareholders [1][2]. Distribution Details - The new monthly distribution rate is set at $0.0678 per share, which is a 59.5% increase compared to the distribution at the time of listing on the New York Stock Exchange in November 2022 [2]. - This marks the fourth increase in the distribution over the last twenty-four months [2]. - The distribution will be paid on or about June 30, 2025, with an ex-date and record date of June 23, 2025 [4]. Financial Performance - The current annualized distribution yield is approximately 10.5% based on the Fund's net asset value (NAV) and 10.7% based on the market price as of May 30, 2025 [2]. - The monthly distribution has been fully covered by the Fund's net investment income throughout 2025 on a tax basis [2]. - The Fund has generated an estimated total return of 7.2% on NAV and 10.8% on market price year-to-date through May 30, 2025 [2]. Fund Overview - FSCO manages approximately $2.2 billion in assets and focuses on event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities [3]. - FS Investments, the parent company, manages over $82 billion in assets and provides access to a broad suite of alternative asset classes and strategies [7].

ORLANDO, Fla., June 04, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today provided the following response to a false and misleading short attack. Abacus has been buying and selling life insurance policies for over two decades with long-standing and trusted counter-party relationships. If Abacus used flawed data causing over-valuation of the underlying insurance product assets, the Company would be goin ...