Core Points - Great Elm Group, Inc. plans to release its financial results for the fiscal quarter ended March 31, 2025, after market close on May 7, 2025 [1] - A conference call and webcast will be held on May 8, 2025, at 8:30 a.m. Eastern Time to discuss the financial results [2] - Great Elm Group is an alternative asset manager focused on a diversified portfolio across various sectors including credit, real estate, and specialty finance [4] Company Overview - Great Elm Group, Inc. is publicly traded on NASDAQ under the ticker GEG [4] - The company manages Great Elm Capital Corp., a business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust [4] - The company's website is www.greatelmgroup.com [4]

Core Insights - The article highlights the investment strategy of billionaire hedge fund manager Bill Ackman, focusing on his concentrated portfolio of 11 stocks, which is not highly diversified [1][2] - Alphabet, the parent company of Google, is identified as the most promising investment in Ackman's portfolio due to its strong financial performance and growth prospects [7][13] Investment Portfolio Overview - Ackman's portfolio is valued at approximately $12.7 billion, with 100% of it invested in only 11 stocks, indicating a lack of diversification [1][2] - The portfolio includes two restaurant operators: Chipotle Mexican Grill and Restaurant Brands International, which owns brands like Burger King and Popeye's [3] - It also contains consumer cyclical stocks such as Hilton Worldwide Holdings and Nike, which are sensitive to consumer spending [4] - Real estate investments include Howard Hughes Holdings and its spinoff, Seaport Entertainment Group [5] - Other notable holdings are Brookfield Corp., making up about 15.8% of the portfolio, and a stake in Canadian Pacific Kansas City valued at around $1 billion [6] Alphabet's Financial Performance - Alphabet is the largest investment in Ackman's portfolio, comprising approximately 17.3% with 3.99 million Class A shares and 7.55 million Class C shares [7] - In the latest quarter, Alphabet reported a revenue increase of 12% year-over-year to $90.2 billion and earnings of over $35.5 billion, reflecting a 50% year-over-year growth [8] - The company's cash reserves exceeded $95 billion as of March 31, 2025, indicating a strong financial position [8] Growth Prospects - Alphabet's search-related revenue continues to grow, aided by the integration of generative AI, which enhances search usage and customer satisfaction [9] - Google Cloud is noted as the fastest-growing major cloud service provider, with operating margins improving from 9.4% to 17.8% year-over-year [10] - The Waymo self-driving car unit is highlighted for its potential in the autonomous ride-hailing market, with future options for personal ownership [10] Legal Challenges - Alphabet faces legal challenges, having lost two federal antitrust cases related to its search monopoly and digital advertising strategies [11] - Despite these concerns, the company is appealing the lawsuits, which could take years, and the potential remedies may be less severe than anticipated [12] - Ackman's continued investment in Alphabet suggests confidence in its long-term prospects despite the legal issues [13]

Core Viewpoint - Sabre Corporation has signed a definitive agreement to sell its Hospitality Solutions business to TPG for $1.1 billion in cash, allowing Sabre to focus on its core airline IT and travel marketplace platforms while optimizing its financial structure and pursuing sustainable growth [1][4][3]. Group 1: Transaction Details - TPG will acquire Sabre's Hospitality Solutions business for $1.1 billion, with expected net cash proceeds to Sabre of approximately $960 million after taxes and fees [1][3]. - The transaction will establish Hospitality Solutions as an independent technology company dedicated to the hospitality industry, providing software and solutions to over 40% of the world's leading hotel brands [2][4]. - The deal is expected to close by the end of the third quarter of 2025, pending customary closing conditions and regulatory approvals [7]. Group 2: Strategic Implications - The proceeds from the sale will primarily be used to pay down debt, improving Sabre's balance sheet and enabling a focus on its core business [3][4]. - This divestiture is part of a series of strategic financial moves by Sabre, including recent debt refinancings, aimed at achieving a long-term net leverage target of 2.5x to 3.5x [3][4]. - TPG's investment approach is expected to drive significant value for Hospitality Solutions' customers, leveraging TPG's experience in growing mission-critical software businesses [5][6]. Group 3: Business Operations - Hospitality Solutions provides an integrated system of record for reservation and guest information, enhancing operational accuracy and efficiency for hoteliers [2]. - The platform has evolved significantly since Sabre's acquisition of SynXis in 2005, with ongoing investments in capabilities and solutions [4]. - TPG aims to enhance and expand the Hospitality Solutions platform, positioning it as a comprehensive technology provider for the hospitality industry [5].

Core Viewpoint - Beneficient has successfully closed a $233,333 primary capital commitment for Cork & Vines Fund I, LP, marking its second GP Primary transaction of the fiscal year and third since the program's launch in late 2024 [1][2][3] Group 1: Transaction Details - The Fund received approximately $233,333 in shares of Beneficient's Resettable Convertible Preferred Stock, which can be converted into Class A common stock [2] - This transaction is expected to increase the collateral for Beneficient's ExAlt loan portfolio by approximately $233,333 in alternative asset interests [2] - Beneficient has entered into a Preferred Liquidity Provider Program Agreement with the Fund to facilitate ongoing liquidity solutions for the Fund and its limited partners [2] Group 2: Financial Impact - The transaction is anticipated to add approximately $77,777 to the tangible book value attributable to Beneficient's stockholders, contributing to an aggregate of approximately $10.54 million [3] - Beneficient's GP Primary Commitment Program aims to address the potential demand for primary commitments, estimated at up to $330 billion, to support fundraising efforts [4] Group 3: Company Overview - Beneficient is focused on democratizing the global alternative asset investment market by providing solutions for mid-to-high net worth individuals and small-to-midsized institutions [12] - The company's AltAccess platform offers a secure online environment for customers to explore investment opportunities and receive proposals [12]

Core Viewpoint - P10, Inc. is set to release its first quarter 2025 results on May 8, 2025, before U.S. markets open, followed by a conference call and live webcast at 8:30 a.m. Eastern Time on the same day [1]. Company Overview - P10 is a prominent multi-asset class private markets solutions provider in the alternative asset management industry [3]. - The company's mission is to offer investors differentiated access to a wide range of investment solutions tailored to diverse needs within private markets [3]. - As of December 31, 2024, P10 has a global investor base exceeding 3,800 investors across 50 states, 60 countries, and six continents, including major pension funds, endowments, foundations, corporate pensions, and financial institutions [3].

Core Viewpoint - Third Coast Bank has successfully originated a $200 million revolving commercial real estate loan, marking a significant achievement for the organization and enhancing its financial position through improved risk management and capital efficiency [1][7]. Group 1: Loan Details - The $200 million mortgage loan is secured by a portfolio of eleven Residential Master Planned Communities under development in the Houston, Dallas, and Austin metropolitan areas of Texas [2]. - EJF Capital LLC, a global alternative asset management firm with approximately $5.4 billion in assets under management as of December 31, 2024, arranged the securitization transaction related to the mortgage loan [2][10]. Group 2: Securitization Process - Following the loan origination, Third Coast Bank created participation interests in the mortgage loan, selling one to EJF CRT 2025-1 Depositor LLC, which then sold it to EJF CRT 2025-1 LLC [3]. - The Issuer pledged its participation interests to U.S. Bank Trust Company, National Association, and issued Asset-Backed Notes, including Class A-1 and Class M-1 Notes, with the Class A-1 Notes sold to the Bank [4]. Group 3: Financial Impact - The transactions are expected to reduce the Bank's risk-weighted assets and the ratio of loans for construction and land development to total capital, which is a measure used by regulators to assess loan concentration risk [6]. - The Company believes these transactions will enhance the diversity of the Bank's on-balance sheet loan portfolio [6]. Group 4: Leadership Commentary - Bart Caraway, President & CEO of Third Coast Bank, expressed pride in the team's efforts to complete the first securitization, highlighting its importance in strengthening the Bank's financial position and opening new opportunities for customer service [7].

DALLAS, April 07, 2025 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (“P10” or the “Company”), a leading private markets solutions provider, today announced it has completed its previously announced acquisition of Qualitas Equity Funds SGEIC, S.A. (“Qualitas Funds”) for an initial purchase price of $63 million, with the potential for additional earnout consideration. Qualitas Funds is a Madrid-based private equity investing platform that provides fund-of-funds, direct co-investing and NAV financing opportunities ...

Abacus Global Management (ABL) Conference January 22, 2025 01:00 PM ET Company Participants Robert Phillips - SVP, Investor Relations & Corporate AffairsDavid Jackson - IR Associate - Capital Markets Operator Right at the bottom of your screen. Feel free to type in any questions throughout the presentation and we can save time for Q and A at the end. But with that said, I'll pass it over to Rob. Robert Phillips Brandon, thanks very much. And thanks, everybody, for joining us. Really look forward to discussi ...