深创投 易达资本 金浦投资 盛世投资 和高资本 ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Summit Partners, an investment firm active in financial services and technology, is pursuing a sale of its stake in the $19.7 billion registered investment advisor RWA Wealth Partners, according to sources familiar with the conversations. Summit has hired bankers from Raymond James to explore an exit, according to the sources. Those conversations have been held with other private equity firms a ...

Core Points - Alaris Equity Partners Income Trust has filed a final short form prospectus for a bought deal offering of $100 million principal amount of 6.25% convertible unsecured senior debentures [1] - The offering is led by a syndicate of underwriters, including National Bank Financial Inc. and CIBC Capital Markets, with an option for underwriters to purchase an additional $15 million [1] - The closing of the offering is expected to occur on December 17, 2025, subject to customary closing conditions [3] Company Overview - Alaris Equity Partners Income Trust invests in a diversified group of private businesses primarily through structured equity, aiming to deliver stable and predictable returns to unitholders through cash distributions and capital appreciation [4]

Core Insights - Wendel is undergoing a significant transformation into a global investment firm focused on private assets, aiming to generate over €7 billion in cash flow by 2030 and return at least €1.6 billion to shareholders [1][11][10] Group 1: Strategic Transformation - Wendel has evolved from a traditional investment holding company to a global investment firm with a focus on controlled private assets, maintaining its long-term investor DNA [1][10] - The company has established a unique private asset investment ecosystem in North America and Europe, supported by two complementary value creation engines: Wendel Investment Managers (WIM) and Wendel Principal Investments (WPI) [3][10] Group 2: Financial Projections - By 2030, Wendel expects to generate cash flows exceeding €7 billion, with over €1.6 billion allocated for shareholder returns through dividends and share buybacks [5][11] - WIM is projected to manage more than €46 billion in assets and generate annual Fee Related Earnings (FRE) exceeding €200 million by 2026, with an average organic FRE annual growth target of 15% through 2030 [3][18] Group 3: Shareholder Returns - Wendel plans to cancel 3.8% of its treasury shares and initiate a share buyback program representing 9% of its share capital in 2026, with the share cancellation expected to occur soon [1][12] - The return to shareholders will include annual dividends based on 2.5% of WPI's Net Asset Value and around 90% of dividends distributed by WIM, with a cumulative total of approximately €1.3 billion expected by the end of 2030 [12][11] Group 4: Investment Strategy - WPI aims for an average annual increase in intrinsic value of 12% to 16%, with plans to invest over €1.7 billion in principal investments and more than €2.5 billion in the WIM platform by 2030 [6][12] - The company will continue to assess selective external growth opportunities to enhance its platform and expertise [3][12]

Elliott, Man Group, an AQR affiliate and dozens of other investment firms are reviving a once-dormant arbitrage tool that challenges deals in the most closely scrutinized US business court https://t.co/z8BsdiWYLN ...

Core Insights - StepStone Group has appointed Lindsay Creedon as the new Head of Private Equity, effective January 1, 2026, marking a significant leadership change within the firm [1][2] - Scott Hart, the current CEO, will continue to serve on the Private Equity Investment Committee and focus on the firm's global expansion [1] Company Overview - StepStone Group is a global private markets investment firm that provides customized investment solutions and advisory services, managing approximately $771 billion in total capital, including $209 billion in assets under management as of September 30, 2025 [4] - The firm's client base includes major public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4] Leadership and Culture - Lindsay Creedon has been with StepStone since 2010, becoming a Partner in 2015, and currently co-chairs the Private Equity Investment Committee while managing key client relationships [2][3] - She has played a crucial role in establishing StepStone's Talent and Culture Committee, contributing to the firm's award-winning workplace culture and supporting employee development [3] Future Outlook - Ms. Creedon expressed her commitment to leading the private equity business and delivering strong results for clients, emphasizing the firm's growth from a boutique asset manager to a global player while maintaining an entrepreneurial culture [4]

Core Viewpoint - Northfield Capital Corporation has announced an increase in its brokered financing offering to a total of up to $15,000,000 due to strong investor demand, with each unit priced at $5.50 and including a share and a warrant [1][3]. Financing Details - The offering will consist of units priced at $5.50 each, comprising one class A restricted voting share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $7.50 for three years [1]. - The net proceeds from the offering will be allocated for operational expenditures and general corporate purposes, with the closing expected around December 9, 2025, pending approval from the TSX Venture Exchange [3]. Agents and Commissions - Integrity Capital Group Inc. is the lead agent and sole bookrunner for the offering, and the company will pay a cash commission and issue compensation options to the agents involved [2]. Regulatory Compliance - The units will be offered under the Listed Issuer Financing Exemption, allowing sales to purchasers in Canada (excluding Québec) and other qualifying jurisdictions without a hold period in Canada [4]. Insider Participation - Certain insiders, including Mr. Robert Cudney, may participate in the offering, which is classified as a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [6][10]. Class B Share Issuance - The company plans to issue up to 1,192 additional Class B multiple voting shares to Mr. Cudney at a price of $6.40 per share, totaling gross proceeds of up to $7,629, in addition to previously proposed shares [7]. - This issuance aims to maintain Mr. Cudney's voting interest following the offering, as he currently holds approximately 39.6% of the total voting power [8]. Legal and Advisory Support - Cassels Brock & Blackwell LLP is serving as legal advisor to Northfield Capital, while Bennett Jones LLP is advising the agents involved in the offering [11]. Company Overview - Northfield Capital Corporation is a publicly traded investment firm with a focus on resources, mining, aviation, and premium alcoholic beverages, founded in 1981 [12].

Core Insights - FS KKR Capital (FSK) missed Wall Street's estimates for core earnings by $0.01 per share due to pressure on net investment income (NII) from high non-accruals [1] Financial Performance - The investment firm's dividend coverage has fallen, indicating potential concerns regarding its financial stability [1]

Core Insights - CIBC raised its price target for Brookfield Corporation (NYSE:BN) to $52 from $50.67 while maintaining an Outperform rating, indicating confidence in the company's performance [1] Financial Performance - In Q3 2025, Brookfield Corporation reported revenue of $18.9 billion, which represents a decline of over 8% compared to the same period last year [2] - Total inflows for the quarter reached $30 billion, marking the highest fundraising period in three years, with over $6 billion coming from retail and wealth clients [3] Strategic Moves - The company announced an agreement to acquire the remaining 26% stake in Oaktree, which will enhance its ownership in Oaktree's carried interest, fee-related earnings, and balance sheet investments, thereby expanding its global credit platform [2] - Brookfield Corporation returned $180 million to shareholders through dividends and share repurchases during the quarter, demonstrating a commitment to shareholder value [3]

Core Points - Brookfield Corporation announced the redemption of C$850,000,000 principal amount of 4.82% medium term notes due January 28, 2026, to be executed on December 22, 2025 at par value plus accrued interest [1] - Notice of redemption has been delivered to CDS Clearing and Depository Services Inc. and the trustee, Computershare Trust Company of Canada [2] - Brookfield Corporation is a leading global investment firm focused on long-term wealth building across three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses [3][4] Financial Performance - The company has a track record of delivering over 15% annualized returns to shareholders for over 30 years, supported by strong investment and operational experience [4] - Brookfield's conservatively managed balance sheet and extensive operational experience enable consistent access to unique investment opportunities [4] Company Overview - Brookfield Corporation operates in sectors including renewable power, infrastructure, business and industrial services, and real estate [3] - The company is publicly traded on both the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol BN [4]