Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q3 2025, the fund gained 5.7% (Institutional Shares) compared to the Russell 1000 Growth Index’s (R1KG) 10.5% gain and the S&P 500 Index’s (SPX) 8.1% return. The fund is up 14.4% YTD compared to 17.2% and 14.8% for the indexes. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-q ...

Accessibility StatementSkip Navigation PHOENIX, Dec. 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of growth capital to Kinetic, a leading workers' compensation Managing General Underwriter (MGU). Kinetic partners with local, regional, and national insurance agencies to equip workers' compensation policyholders with technology that strengthens safety, delivers actionable insights, and gives employers greater c ...

(Bloomberg) -- Apollo Global Management Inc. Chief Executive Officer Marc Rowan rejected the notion that adding private assets to retirement and insurance portfolios can pose a systemic risk, calling concerns about such holdings overblown.Most private credit held by insurers and pension fund buyers is rated investment grade, the CEO told investors Monday, pushing back on the idea that the asset class is less transparent than traditional loans. Lenders can get direct access to borrowers’ management, he said. ...

Core Viewpoint - Apollo Global Management's CEO Marc Rowan argues that concerns regarding systemic risks from adding private assets to retirement and insurance portfolios are exaggerated [1][3]. Group 1: Private Credit and Transparency - Most private credit held by insurers and pension funds is rated investment grade, countering the perception that this asset class lacks transparency compared to traditional loans [2]. - Apollo's exchange-traded private credit fund with State Street Corp. offers daily price updates, enhancing transparency [2]. - The firm has traded $6 billion in its investment-grade private credit business, showcasing its significant involvement in this sector [2]. Group 2: Industry Dynamics and Investment Strategies - Alternative asset managers, including Apollo, have increasingly acquired insurers to secure a stable source of long-term capital for investments, with Apollo being a pioneer in this model through its insurance arm, Athene [4]. - The close relationship between private equity and insurers has come under scrutiny, especially as insurers traditionally invested in more liquid assets like high-grade bonds and stocks [5]. Group 3: Economic Concerns and Capital Shortfalls - Economists at the Bank for International Settlements estimate that publicly traded North American life insurers could face a capital shortfall of approximately $150 billion in a severe economic downturn, a figure that has more than tripled over the past two decades [6]. - UBS Group AG Chairman Colm Kelleher expressed concerns about looming systemic risks in the insurance business, which Rowan refuted during Apollo's third-quarter earnings call [7].

~ Dividend Distribution Advances Shareholder-Focused Capital Program ~ ORLANDO, Fla., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (“Abacus” or the “Company”) (Nasdaq: ABL), a leader in the alternative asset management industry, today announced the timing of its previously announced inaugural annual cash dividend to shareholders, as approved by its Board of Directors. The Company’s Board of Directors has declared an annual cash dividend of $0.20 per share, payable on December 17, 2025, t ...

SBI Ventures, an alternative asset manager promoted by State Bank of India (SBI), intends to raise Rs 2,000 crore for its third climate-focused fund to invest in startups.It will help unlock green growth, a new financial opportunity, SBI Ventures Managing Director and Chief Executive Officer Prem Prabhakar said while speaking at the second edition of the IVCA Green Returns Summit here.Domestic and global investors will be roped in for the fund, and the roadshow will start early next year, he said."We are ta ...

Core Viewpoint - Blue Owl Capital is contemplating the revival of a merger plan for two of its private credit funds, contingent on an improvement in the share price of the larger fund, following investor backlash against the initial move last week [1] Group 1 - The company is evaluating its options after facing negative feedback from investors regarding the merger plan [1] - The decision to consider reviving the merger plan is linked to the performance of the larger fund's share price [1]

Market Overview - The market ended positively with the Dow up 1% or 493 points, while the NASDAQ and S&P 500 also saw gains close to 1% [1] - Despite the positive close, the weekly performance showed losses for major indices: Dow down about 2%, NASDAQ down 2.75%, and S&P 500 down 2% [2] - Small-cap stocks, particularly the Russell 2000, had a strong day, up 3% and nearly flat for the week [2] Sector Performance - All 11 large-cap sectors of the S&P 500 closed in the green, with materials and healthcare leading the gains, both up more than 2% [3][4] - The healthcare sector has been the best performer since the beginning of the quarter, while technology stocks faced a decline of 5% for the week [6] - Interest rate-sensitive sectors like home builders, retail, and regional banks were among the top gainers, with home builders up nearly 4.5% [7] Company-Specific Insights - Nvidia's stock fell 6% post-earnings, while other tech giants like Amazon and Microsoft also saw declines of 6% and 7% respectively [5] - Intuit reported stronger-than-expected fiscal first-quarter results, with an 18% growth in its overall business, driven by strong performance in both its business and consumer platforms [32][33] - Intuit signed a $100 million multi-year partnership with OpenAI, aiming to enhance its AI-driven services for tax preparation and business solutions [32][42] Private Credit Market Concerns - Blue Owl Capital, a major player in private credit, faced scrutiny after a merger between its funds highlighted a significant market value discount, leading to concerns about the private credit market's health [24][26] - The situation raised questions about the valuation methods of private versus public funds, with public funds trading at lower market values compared to their book values [28][29] Economic Outlook - The upcoming Thanksgiving week will see a shortened trading schedule, with the stock market closed on Thursday and an early close on Friday [48] - Key economic data releases are expected, including retail sales and jobless claims, which could impact market sentiment [50]

We recently published 13 Stocks That Crossed Jim Cramer’s Radar. Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks Jim Cramer discussed. Alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) has been in the news lately after its shares closed 5% lower on Monday. Cramer hasn’t discussed the stock much lately, and in this appearance, he outlined that the firm reminded him of Blackstone. Media reports suggest that Blue Owl Capital Inc. (NYSE:OWL)’s shares were pressured due to the firm’s decision to ...

Industry Overview - The alternative asset management industry has shown incredible growth and strong investment performance over the past decade [1] - The industry is characterized by resilience, even in the face of double-digit drawdowns in stock prices [1] Key Players - Marc Lipschultz, Co-CEO of Blue Owl, has a background in founding the legacy credit business at Blue Owl and previously worked at KKR [2] - Kipp deVeer, Co-President of Ares, has extensive experience, having previously run ARCC and served as Head of Credit [2]