PHOENIX, July 8, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced that it will release its second quarter 2025 financial results at 8:00 a.m. ET on Wednesday, August 6, 2025. The Company will discuss its financial results on a conference call later that day at 12:00 p.m. ET.To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ225 if asked, approximately 10 minutes pr ...

Group 1 - The analysis focuses on closed-end funds (CEFs) offered by Cohen & Steers, highlighting positive investor experiences with these funds [1] - David A. Johnson, the founder of Endurance Capital Management, has over 30 years of investment experience and holds multiple advanced degrees in finance and business [1] Group 2 - The article does not provide specific financial data or performance metrics related to the CEFs mentioned [2][3]

22nd Consecutive Quarter of a Consistent or Increased DividendPHOENIX, June 18, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending June 30, 2025. This is an equivalent dividend compared to the first quarter of 2025 and marks the 22nd consecutive quarter of a consistent or increased dividend for Trinity Capital shareholders.Summ ...

Summary of Apollo Global Management (APO) Conference Call Company Overview - Apollo Global Management is one of the world's largest alternative investment managers with nearly $800 billion in assets under management [2] Macro Economic Insights - Recent months have shown a normalization of investor sentiment and a fading uncertainty regarding the trade war, which is reflected in market performance [5] - The market anticipates fewer interest rate cuts than previously expected, with a likelihood of higher rates persisting for an extended period [6][7] - Higher interest rates are generally favorable for credit markets, leading to a constructive outlook for Apollo's portfolio [8] Capital Solutions Business - Apollo has successfully built a capital solutions revenue stream, which is now a significant part of its business model [11] - The capital solutions business is expected to grow, with a target of achieving $1 billion in annual revenue within five years [14] - The business has shown stability with consistent revenue generation, having achieved over $100 million in revenue for ten consecutive quarters [14] Private Credit Expansion - Apollo views the private credit market as a vast opportunity, estimating it to be a $40 trillion marketplace, primarily in investment-grade and asset-backed financing [21] - The adoption of private credit is still in its early stages, with insurance companies being the most advanced adopters [22] Origination Strategy - Apollo has doubled its origination volume over the past few years, currently running at over $200 billion per year, with expectations to reach $275 billion in the next four to five years [26] - The origination strategy is supported by 16 platforms, which are crucial for driving growth and providing financing solutions [25][30] Fundraising Environment - The fundraising environment is evolving, with challenges in traditional institutional capital raising due to difficult exit conditions [31][34] - Apollo is focusing on expanding its global wealth opportunities and partnerships with traditional firms to access new markets [32] Private Wealth Strategies - Apollo has launched various strategies in the private wealth sector, raising $12 billion last year and continuing to see strong demand [40] - The firm is experimenting with different fund structures across various markets to optimize distribution [42] Annuity Sales Outlook - Annuity sales have tripled over the last five years, with Apollo being the number one writer of annuities [61] - The firm anticipates stable growth in annuity sales, supported by demographic trends and the increasing number of retirees [62] Spread-Related Earnings - Apollo expects mid-single-digit growth in spread-related earnings for the year, influenced by tight asset spreads and competitive pressures in the annuity market [66] - The pace of investments has been cautious, with a focus on deploying capital when favorable conditions arise [70] Conclusion - Apollo Global Management is well-positioned in the current economic environment, with a strong focus on capital solutions, private credit, and origination strategies, while navigating challenges in fundraising and market competition [8][31][66]

Key Takeaways HBAN is divesting its corporate trust and custody business to Argent Institutional Trust Company. The deal transfers client relationships, personnel, and infrastructure while preserving service continuity. Post-deal, AITC will continue providing trust services to HBAN's commercial banking clients.Shares of Huntington Bancshares (HBAN) gained 3.05% on Friday, following its decision to streamline operations by divesting the corporate trust and institutional custody business of its subsidiary, ...

Core Viewpoint - PNC Financial Services Group, Inc. has experienced a 17% share price increase over the past year, underperforming compared to the industry growth of 31.4% and peers like Bank of America and Citigroup [1][4] Performance Summary - PNC's share performance has been decent but lags behind the industry average, prompting investors to evaluate its current value and potential entry points [4] - The company has achieved a 17% increase in shares, driven by acquisitions, partnerships, and branch expansion plans [9] Growth Drivers - **Acquisitions & Partnerships**: PNC has adopted a growth-focused strategy, recently acquiring Aqueduct Capital Group to enhance fund placement capabilities [5]. Additionally, partnerships with Plaid and TCW Group are expected to expand its market share in private credit solutions [6] - **Footprint Expansion**: PNC plans to invest $1.5 billion to open over 200 branches across 12 U.S. cities and renovate 1,400 existing locations by 2030, solidifying its position as a major retail bank [7][8] - **Loan & Deposit Growth**: Despite a year-over-year decline in total deposits and loans in Q1 2025, PNC has seen a five-year CAGR of 8.1% in deposits and 5.6% in loans. The acquisition of $16 billion in loan commitments from Signature Bank is expected to support future loan growth [10] Capital Distribution - PNC has increased its quarterly cash dividends by 3.2% to $1.60 per share in July 2024, marking the fourth increase in five years, with a current dividend yield of 3.68% [11] - The company has a share repurchase program with authorization to repurchase up to 40.5 million shares as of March 31, 2025 [12] Challenges to Growth - **Interest Rate Environment**: PNC's performance is affected by the Federal Reserve's interest rate policies, with rates expected to remain high for an extended period, potentially suppressing loan demand [13][14] - **Rising Expenses**: Non-interest expenses have seen a five-year CAGR of 5%, driven by technological advancements and branch expansion, which may impact profitability [15] Strategic Outlook - PNC's efforts in branch expansion, loan and deposit growth, and strategic acquisitions are likely to support sustainable profits in the long term [18]

UBS Group AG’s (UBS) subsidiary, UBS Asset Management (Americas) LLC, has announced a definitive agreement to sell O’Connor, its hedge fund, private credit, and commodities business, to Cantor Fitzgerald as part of its ongoing strategy to streamline operations.The initial close of the transaction is expected during the fourth quarter of 2025, subject to regulatory approvals and other customary closing conditions.Details of UBS’s Divestiture DealThe sale includes six investment strategies with approximately ...

据知情人士透露，资产管理和贷款机构 La Trobe Financial（由布鲁克菲尔德控股，正准备挂牌出售）正 计划通过一只以私人信贷为主的上市投资信托（Listed Investment Trust）进军公开市场。 多家证券公司已开始联系潜在投资者，推进该信托——La Trobe Private Credit Fund的首次公开募股 （IPO），拟筹资金额最高为 3亿澳元。 知情人士称，该基金目前正在征集第一轮基石投资者的承诺，截止时间为本周五下午，预计将在6月下 旬上市。 本次上市信托的推出，正值布鲁克菲尔德在澳洲私立医院运营商 Healthscope 项目上遭遇投资危机。 Healthscope 目前已由贷款方接管，以避免破产并寻找潜在买家。 消息人士称，La Trobe 此举也是其拓展公开市场产品布局的一部分，布鲁克菲尔德计划在6月下旬启动 正式出售流程，预计对 La Trobe 的估值可能在 25亿至30亿澳元以上（含债务）。出售过程中，也未排 除未来将 La Trobe 在澳交所独立上市的可能性。 La Trobe 成立于1952年，目前由首席执行官 Chris Andrews领导，管理资产规模 ...

Core Viewpoint - Wells Fargo (WFC) and PNC Financial (PNC) are major banking stocks facing challenges and opportunities influenced by interest rate dynamics, loan growth trends, and consumer spending, with both experiencing significant stock declines due to market reactions to new tariff implementations [1][2] Group 1: Strategic Focus - PNC Financial is pursuing an aggressive growth strategy, including the acquisition of Aqueduct Capital Group to enhance fund placement capabilities and a partnership with Plaid for secure financial data sharing [3][4] - Wells Fargo is focusing on strengthening risk management and compliance infrastructure, with optimism surrounding the potential lifting of the asset cap imposed after the fake account scandal [5][6] Group 2: Branch Strategies - PNC is expanding its branch network with a $1.5 billion investment to open over 200 new branches in high-growth U.S. cities, aiming to significantly boost its scale and presence [8] - Wells Fargo is optimizing its existing branch locations, having upgraded 730 branches in 2024 and planning to enhance all branches over the next five years, focusing on technology and customer experience [9] Group 3: Capital Distribution - Both companies have strong capital distribution programs, with PNC increasing its quarterly dividend by 3.2% to $1.60 per share and Wells Fargo raising its dividend by 14% to $0.40 per share [12] - PNC has a share repurchase program with authority to repurchase up to 40.5 million shares, while Wells Fargo has a $30 billion repurchase program with authority for $3.8 billion [14] Group 4: Performance and Valuation - In the past three months, Wells Fargo shares declined by 2.7%, while PNC shares fell by 4.9%, against an industry increase of 1.6% [18] - Wells Fargo's trailing P/E ratio is 12.30X, while PNC's is 11.19X, indicating PNC is less expensive compared to Wells Fargo [21] Group 5: Earnings Estimates - The Zacks Consensus Estimate for Wells Fargo's 2025 sales and EPS indicates increases of 1.5% and 5.6%, respectively, while PNC's estimates show increases of 5.7% and 8.9% [24][27] - PNC's EPS estimates for 2025 and 2026 have been revised upward, contrasting with Wells Fargo's lower EPS estimates for 2025 [24][28] Group 6: Analyst Sentiment - PNC is viewed as better positioned for long-term opportunities due to superior earnings growth projections, aggressive branch expansion, and a stronger dividend yield [29]

First Quarter 2025 Earnings Presentation May 12, 2025 1 Disclaimer This presentation contains forward-looking statements that can be identified by the use of words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on ...