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Hamilton Lane Launches Global Private Secondary Fund
Prnewswire· 2025-09-03 06:00
Core Insights - Hamilton Lane has launched the Hamilton Lane Global Private Secondary Fund (HLGPS), an evergreen investment vehicle focused on the secondary market, which has already secured over $365 million in assets under management, nearly doubling its launch target size [1][2][6] Fund Strategy - HLGPS aims to provide long-term capital appreciation by building a diversified portfolio of secondary investments, focusing on high-quality middle market buyout funds and assets with significant near-term distribution potential [2][4] - The fund offers access to a variety of private market investments diversified across strategies, industries, vintages, and geography, with quarterly limited liquidity [2] Market Context - The secondary market is recognized as one of the fastest-growing strategies in private markets, with increasing demand for evergreen funds globally [4] - Secondary investments typically offer benefits such as diversification, J-curve mitigation, knowledge of underlying assets, increased pace of capital deployment, and value through discounts compared to primary investments [3] Company Background - Hamilton Lane is one of the largest private markets investment firms globally, with approximately $986 billion in assets under management and supervision, including nearly $141 billion in discretionary assets as of June 30, 2025 [5] - The firm has over 30 years of experience in private markets investing and employs around 750 professionals across various regions [5]
X @Bloomberg
Bloomberg· 2025-09-03 04:26
Global alternative investment manager Oaktree Capital Management has hired Roger Zhang to lead a new private debt strategy in Asia Pacific, focusing on performing credit, sources say https://t.co/vWTujZDgoq ...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per Share
Globenewswire· 2025-09-02 20:15
Core Viewpoint - XAI Octagon Floating Rate & Alternative Income Trust has declared a regular monthly distribution of $0.070 per share, with no change from the previous month, payable on October 1, 2025, to shareholders of record as of September 16, 2025 [1] Distribution Details - The distribution amount is $0.070 per common share, with the ex-dividend date and record date both set for September 16, 2025, and the payable date on October 1, 2025 [1] - The Trust's distributions may come from net investment income, capital gains, or a return of capital, and specific tax characteristics will be reported to shareholders on Form 1099 after the end of the calendar year [1][4] Investment Strategy - The Trust aims to achieve attractive total returns with a focus on income generation by investing in a dynamically managed portfolio primarily within private credit markets, targeting at least 80% of its Managed Assets in floating rate credit instruments and structured credit investments [8] Tax Considerations - As a registered investment company, the Trust is subject to a 4% excise tax if it does not distribute at least 98% of its ordinary income and 98.2% of its capital gains by the end of the calendar year [3] - The Trust's net investment income and capital gains can vary significantly, and the final taxable income for the current fiscal year will not be known until tax returns are filed [2] Future Distributions - Future distributions will depend on various factors, including compliance with financial covenants, net investment income, and available cash, with no assurance that future distributions will match current levels [6][7]
XCCC: Junk Bond Fund Delivering Double-Digit Yield And Outperforming CLO Funds
Seeking Alpha· 2025-09-02 16:16
Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.Being riskier, these investments also yield higher returns than their investment-grade brethren. Consequently, this is also where the "income at all costs" investors hang out untilTrapping Value provides Covered Calls, an ...
Oxford Lane Capital Corp. Announces Further Detail on its Previously Announced 1-for-5 Reverse Stock Split
Globenewswire· 2025-09-02 12:00
GREENWICH, Conn., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (the “Company”) reported that it expects to implement the previously announced 1-for-5 reverse stock split of its issued and outstanding shares of common stock, par value $0.01 per share (“Common Stock”), effective as of September 5, 2025, with trading to begin on a split-adjusted basis at market open on the following business day, September 8, 2025. As a result of the reverse stock split, every five shares of Co ...
Taaleri (0RF6) 2025 Capital Markets Day Transcript
2025-09-02 11:02
Taaleri (0RF6) 2025 Capital Markets Day September 02, 2025 06:00 AM ET Company ParticipantsLinda Tierala - Head of IR, Communications & SustainabilityIlkka Laurila - CEO & Interim MD - Taaleri BioindustryHenrik Allonen - MD - Garantia Insurance CompanyKai Rintala - MD - Taaleri EnergiaMarjatta Rytömaa - MD - Taaleri BioindustryMikko Krootila - MD - Taaleri Real EstateLauri Lipsanen - CFOConference Call ParticipantsSauli Vilén - AnalystJoni Sandvall - Equity AnalystPatrick Campbell - Equity Research AnalystL ...
Taaleri (0RF6) 2025 Earnings Call Presentation
2025-09-02 10:00
Taaleri's Strategy and Synergistic Businesses - Taaleri focuses on transformational opportunities in private capital and operates three synergistic businesses: Garantia, Private Asset Management, and Development Capital[13, 20] - Taaleri aims to capture Garantia's growth potential by increasing consumer awareness, seeking new lender partnerships, and investigating opportunities in neighboring markets[33, 37] - Taaleri plans to expand private asset management by growing fund sizes within existing strategies and expanding to new product groups[34, 38] - Taaleri targets attractive returns on development capital by combining active ownership and expertise, working with the best partners[35, 50] Market Trends and Opportunities - The private capital market is expected to grow by 10% per annum on average in Europe[25] - Taaleri SolarWind III is the largest infrastructure fund in Finland at €503 million[22] - The European and US onshore wind, photovoltaic solar, and battery storage markets are expected to grow by 513 GW by the end of 2028[125] Garantia's Performance and Strategy - Consumer guarantees represent 82% of Garantia's insurance exposure, while corporate guarantees account for 18%[75] - Garantia has distributed €93 million in dividends to Taaleri since its acquisition in 2015[105] - Garantia's strategic priorities include increasing the Residential Mortgage Guarantee market share and expanding distribution[97] Financial Targets and Performance - Taaleri's updated long-term financial targets for 2026–2028 include an average growth of 12% per annum in operating profit from continuing earnings[253] - Taaleri targets a Return on Equity (ROE) at fair value of over 15% and a dividend payout ratio of at least 50%[253] - Taaleri's average growth per annum achieved from 2023 to Q2/2025 was 105% and the weighted average ROE at fair value achieved during the same period was 134%[64]
BlackRock Becomes the Second-Largest Shareholder of Freedom Holding Corp.
Prnewswire· 2025-08-31 16:15
BlackRock, Inc. was founded in 1988 in New York. As of 2025, BlackRock manages more than $12.5 trillion in assets. The company is best known for its iShares ETFs and its Aladdin technology platform. About Freedom Holding Corp. NEW YORK, Aug. 31, 2025 /PRNewswire/ -- Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company, announced that the world's largest investment company, BlackRock, Inc., has increased its stake in the company to 0.85%, investing about $89 million. Black ...
Best Momentum Stocks to Buy for August 29th
ZACKS· 2025-08-29 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 29th:FVCBankcorp, Inc. (FVCB) : This bank holding company for FVCbank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.FVCBankcorp’s shares gained 16.2% over the last three months compared with the S&P 500’s advance of 10.1%. The company possesses a Momentum Score  of A.Oshkosh Corporation (OSK) : This purpose-built ...
Worldwide Exchange: ETF Flows Week of August 25
CNBC Television· 2025-08-29 11:21
Welcome to CNBC. com. I'm Frank Holland, anchor of Worldwide Exchange.We're taking a look at the ETF market. Year-to- date ETF net inflows. They're topping $789 billion.Joining me now to discuss the ETF market and much more is John Mayer, JP Morgan, chief ETF strategist. John, thanks for joining us. Thanks for having me, Frank.All right, so first off, I want to start off with that uh ETF net inflows topping $789 billion. We're on pace for another trillion dollar year. just what's your general take of the ET ...