Investment Firms
Search documents
TCPC IMPORTANT DEADLINE: ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-03-31 18:25
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of BlackRock TCP Capital Corp. during the specified class period of the upcoming lead plaintiff deadline on April 6, 2026 [1] Group 1: Class Action Details - Investors who purchased BlackRock TCP securities between November 6, 2024, and January 23, 2026, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 6, 2026 [3] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4] - The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been recognized for its performance in securities class action settlements [4] Group 3: Case Allegations - The lawsuit alleges that defendants made materially false and misleading statements regarding BlackRock TCP's business and operations, including issues with investment valuations and portfolio restructuring [5] - Specific claims include that BlackRock TCP's unrealized losses were understated and net asset value was overstated, leading to misleading positive statements about the company's prospects [5]
WENDEL: Wendel Appoints Harper Mates as CEO of Wendel North America
Globenewswire· 2026-03-31 15:30
Leadership Transition - Wendel has appointed Harper Mates as the new CEO of Wendel North America, succeeding Adam Reinmann who retires after 13 years [2][3] - Adam Reinmann will continue as a Senior Advisor during the transition period, and Wendel expresses gratitude for his leadership and contributions [3] Strategic Focus - The leadership change reflects Wendel's evolving strategy in North America, emphasizing value creation within its existing U.S. portfolio and the development of a fully resourced alternative asset management platform [3] Harper Mates' Qualifications - Harper Mates brings extensive investment experience, familiarity with the portfolio, strong relationships with management teams, and a deep understanding of Wendel's culture [4] - She has served on Wendel's Investment Committee and as an employee representative to the Supervisory Board, and is Chairperson of the Board of Directors for Crisis Prevention Institute and ACAMS [4] Background of Harper Mates - Prior to joining Wendel in 2015, Harper worked at MidOcean Partners, Citigroup Private Equity, and JPMorgan Chase, holding an MBA from Harvard Business School and an undergraduate degree from The University of Wisconsin-Madison [5] Company Overview - Wendel is a leading listed investment firm in Europe, focusing on principal investments in companies that are leaders in their fields, such as ACAMS, Bureau Veritas, and IHS Towers [7] - In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, completing acquisitions of stakes in IK Partners and Monroe Capital, and announcing the acquisition of Committed Advisors [7] - As of December 31, 2025, Wendel Investment Managers manages approximately 47 billion euros on behalf of third-party investors and about 5.5 billion euros in its Principal Investments activity [7]
WENDEL: Wendel Appoints Harper Mates as CEO of Wendel North America
Globenewswire· 2026-03-31 15:30
Core Viewpoint - Wendel has appointed Harper Mates as the new CEO of Wendel North America, succeeding Adam Reinmann, who is retiring after 13 years of service, marking a strategic evolution in the company's North American operations [2][3]. Leadership Transition - Harper Mates will lead Wendel North America, bringing extensive investment experience and a deep understanding of the company's culture and portfolio [4]. - Adam Reinmann will remain as a Senior Advisor during the transition period, highlighting the company's appreciation for his contributions [3]. Strategic Focus - The leadership change reflects Wendel's strategy to focus on value creation within its existing U.S. portfolio while developing a fully resourced alternative asset management platform in North America [3]. - Wendel has initiated a strategic shift into third-party asset management of private assets, complementing its principal investment activities [7]. Company Background - Wendel is a leading European listed investment firm, investing in companies that are leaders in their respective fields, such as ACAMS and Bureau Veritas [7]. - As of December 31, 2025, Wendel Investment Managers manages approximately 47 billion euros on behalf of third-party investors and around 5.5 billion euros in its Principal Investments activity [7].
Apollo Group is latest to consider Florida, Texas trend
Yahoo Finance· 2026-03-31 14:37
Core Insights - Wall Street's dominance in New York is shifting, with Apollo Global Management exploring a second U.S. headquarters in South Florida or Texas, indicating a broader trend of financial firms moving beyond New York [1][2][4]. Company Developments - Apollo Global Management, managing approximately $938 billion in assets, is considering a new headquarters to facilitate future growth and hiring outside New York [5]. - The decision to expand is driven by the desire to attract top-tier financial talent, signaling that New York is no longer the sole hub for such talent [4]. Industry Trends - Since the pandemic, over 370 investment firms have relocated their headquarters, managing around $2.7 trillion in assets, indicating a significant trend of financial firms moving to lower-cost regions in the Sun Belt [6]. - Texas has emerged as a major hub for financial firms, with companies like Goldman Sachs and Charles Schwab expanding operations there due to favorable business conditions [6]. - Goldman Sachs is constructing an 800,000-square-foot campus in Dallas, set to open in 2028, which will serve as a key regional hub for over 5,000 employees [7].
WENDEL: Availability of the 2025 Universal Registration Document
Globenewswire· 2026-03-30 15:30
Core Points - Wendel's Universal Registration Document for the year ended December 31, 2025, was filed with the French Financial Markets Authority on March 30, 2026, and is available to the public [2] - An English version of the Universal Registration Document will be available on Wendel's website by April 7, 2026 [3] - Wendel will hold its Shareholders' Meeting on May 21, 2026, at 3 p.m. Paris time [4] Financial Communication Schedule - Q1 2026 Trading update will be released on April 23, 2026 [5] - Annual General Meeting is scheduled for May 21, 2026 [5] - H1 2026 results will be communicated on July 30, 2026 [5] - Q3 2026 Trading update will be released on October 22, 2026 [5] Company Overview - Wendel is a leading listed investment firm in Europe, investing in companies that are leaders in their respective fields [6] - The company has shifted its strategy to include third-party asset management of private assets, completing acquisitions of a 51% stake in IK Partners and 72% of Monroe Capital [6] - As of December 31, 2025, Wendel Investment Managers manages €47 billion on behalf of third-party investors and approximately €5.5 billion in its Principal Investments activity [8]
WENDEL: Availability of the 2025 Universal Registration Document
Globenewswire· 2026-03-30 15:30
Core Points - Wendel's Universal Registration Document for the year ended December 31, 2025, was filed with the French Financial Markets Authority on March 30, 2026, and is available to the public [2] - An English version of the Universal Registration Document will be available on Wendel's website by April 7, 2026 [3] - The Shareholders' Meeting is scheduled for May 21, 2026, at 3 p.m. Paris time [4] Financial Communication Schedule - Q1 2026 Trading update will be released on April 23, 2026 [5] - Annual General Meeting will take place on May 21, 2026 [5] - H1 2026 results will be communicated on July 30, 2026 [5] - Q3 2026 Trading update will be released on October 22, 2026 [5] Company Overview - Wendel is a leading listed investment firm in Europe, focusing on companies that are leaders in their respective fields [6] - In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, completing acquisitions of a 51% stake in IK Partners and 72% of Monroe Capital [6] - As of December 31, 2025, Wendel Investment Managers manages €47 billion on behalf of third-party investors and approximately €5.5 billion in its Principal Investments activity [8]
Main Street Prices Public Offering of $200,000,000 Million of 6.95% Notes due 2029
Prnewswire· 2026-03-27 21:10
Core Viewpoint - Main Street Capital Corporation has announced a public offering of $200 million in 6.95% notes due 2029, which are priced at a premium to par, aiming to raise approximately $204.1 million in gross proceeds [1][2]. Group 1: Offering Details - The 2029 Notes are being issued at a public offering price of 102.061% of the principal amount, resulting in a yield-to-worst of 6.146% [2]. - This issuance is a further offering of the existing 6.95% notes due 2029, which had an initial aggregate principal amount of $350 million, bringing the total outstanding amount to $550 million upon completion of this offering [2]. - The offering is expected to close on March 31, 2026, subject to customary closing conditions [2]. Group 2: Use of Proceeds - Main Street intends to use the net proceeds from the offering to repay outstanding indebtedness, including amounts under its corporate revolving credit facility and special purpose vehicle revolving credit facility [3]. - The proceeds will also be utilized for investments in accordance with its investment objectives, marketable securities, operating expenses, and general corporate purposes [3]. Group 3: Underwriters - RBC Capital Markets, J.P. Morgan Securities, SMBC Nikko Securities America, and Truist Securities are acting as joint book-runners for the offering [4]. - Several firms are serving as co-managers for the offering, including Huntington Securities, Raymond James & Associates, and others [4]. Group 4: Company Overview - Main Street Capital Corporation is a principal investment firm that provides customized long-term debt and equity capital solutions primarily to lower middle market companies [8]. - The firm focuses on management buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [9].
KKR & Co. (KKR) Outlook Strengthens on Record $129B Fundraising
Yahoo Finance· 2026-03-27 07:18
Core Insights - KKR & Co. Inc. is recognized as one of the best rebound stocks to invest in currently, with a strong growth trajectory and expansion into new investment sectors highlighted at the RBC Capital Markets Global Financial Institutions Conference 2026 [1] Financial Performance - KKR raised a record $129 billion in 2025 and reported $744 billion in assets under management by the end of the year, with a goal to increase operating earnings from $350 million in 2026 to over $1.1 billion by 2030 [2] Strategic Initiatives - The company is expanding through the acquisition of Arctos, focusing on sports franchise investments and GP solutions, while also promoting an employee ownership model that has distributed $2 billion in shares among portfolio companies, enhancing investment returns [3] Business Overview - KKR is a leading global investment firm managing various alternative asset classes, including private equity, credit, infrastructure, and real estate, with a notable presence in insurance solutions [4]
Partners Value Split Corp. Announces 2025 Annual Results
Globenewswire· 2026-03-26 01:00
Core Viewpoint - Partners Value Split Corp. reported an increase in income available for distribution for the year ended December 31, 2025, primarily due to higher dividend rates from Brookfield Corporation and Brookfield Asset Management Ltd, despite a decrease in net comprehensive income due to lower unrealized gains on shares [2][4]. Financial Performance - Income available for distribution for 2025 was $94 million, up from $85 million in 2024, reflecting a year-over-year increase of approximately 10.6% [2]. - Net comprehensive income for 2025 was $1.3 billion, a decrease from $2.6 billion in 2024, representing a decline of about 48.7% [2][4]. - Dividend income increased to $93.2 million in 2025 from $83.7 million in 2024 [4]. Market Data - As of December 31, 2025, the market prices for Brookfield Corporation (BN) and Brookfield Asset Management Ltd. (BAM) shares were $45.89 and $52.39, respectively. By March 25, 2026, these prices had decreased to $39.91 and $43.69 [3]. - The net asset value per unit, which consists of one preferred share and one capital share, is updated monthly on the company's website [3]. Investment Holdings - As of December 31, 2025, the company owned 179 million Class A Limited Voting shares of BN and 25 million Class A Limited Voting shares of BAM, which generate cash flow through dividend payments [6]. - The company's investment in BN represents approximately an 8% interest, while the investment in BAM represents about a 2% interest [7][8]. Distribution Information - The quarterly distribution rates for senior preferred shares remained stable in 2025 compared to 2024, with rates such as CAD 0.2938 for Class AA, Series 10 and USD 0.3375 for Class AA, Series 16 [5].
TCPC Shareholder Alert: April 6, 2026 Lead Plaintiff Deadline in BlackRock TCP Capital Corp. Securities Class Action Lawsuit — The Gross Law Firm
Globenewswire· 2026-03-20 13:06
Core Viewpoint - The Gross Law Firm is notifying shareholders of BlackRock TCP Capital Corp. (NASDAQ: TCPC) about a class action lawsuit due to alleged misleading statements and failures to disclose critical information during the specified class period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from November 6, 2024, to January 23, 2026, the defendants issued materially false and/or misleading statements [3]. - Specific allegations include that the company's investments were not being timely and/or appropriately valued, and that efforts at portfolio restructuring were ineffective [3]. - It is claimed that the company's unrealized losses were understated, leading to an overstated net asset value, which resulted in misleading positive statements about the company's business and prospects [3]. Group 2: Class Action Details - Shareholders who purchased shares of TCPC during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment, although this is not required to partake in any recovery [1][4]. - The deadline for shareholders to register for the class action is April 6, 2026, and they will be enrolled in a portfolio monitoring software for status updates throughout the case [4]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [5].