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jdsupra.com September 13, 2024

Stretching And Flexing - Part 1 Addressing Longer Hold Periods | Goodwin

Patience is proving to be a virtue for a private equity industry that began 2024 sitting on more than 28,000 portfolio companies valued at more than $3 trillion, according to a report by Bain & Company, as average hold periods extend markedly beyond the traditional three- to five-year horizon....By: Goodwin.
Read by 59% of LPs

livemint.com August 09, 2024

Onex Hands Control Of Private Credit Unit Falcon Back To Its Managers

Onex Corp. has jettisoned a majority stake in a private credit firm it bought less than four years ago, the latest move by the Canadian asset manager to cut costs and simplify the business under a new chief executive officer.
Read by 31% of LPs

seekingalpha.com July 31, 2024

Essex Property Trust, Inc. (ess) Q2 2024 Earnings Call Transcript

Austin Wurschmidt - KeyBanc Capital Markets Nick Joseph - Citi Steven Song - Bank of America Daniel Tricarico - Scotiabank Brad Heffern - RBC Capital Markets Haendel St. Juste - Mizuho Securities Adam Kramer - Morgan Stanley James Feldman - Wells Fargo Connor Mitchell - Piper Sandler John Kim - BMO Capital Markets Wes Golladay - Baird Ami Probandt - UBS Good day, and welcome to Essex Property Trust's Second Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded.
Read by 50% of LPs

jdsupra.com May 22, 2024

Key Takeaways From The 2024 Healthcare Private Equity And Finance Conference | Mcguirewoods Llp

McGuireWoods recently held its 20th Annual Healthcare Private Equity and Finance Conference (HCPE Conference) in Chicago. The conference drew more than 1,000 professionals from private equity funds, senior and mezzanine lenders, and investment banks, as well as C-level executives, consultants and principals in the healthcare industry. The premier, two-day conference held May 8-9, 2024, provided content-rich programming that explored the economic and legislative environments, approaches for...By: McGuireWoods LLP.
Read by 52% of LPs

seekingalpha.com May 03, 2024

Caretrust Reit, Inc. (ctre) Q1 2024 Earnings Call Transcript

Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Michael Carroll - RBC Capital Markets Tayo Okusanya - Deutsche Bank Alec Feygin - Baird Austin Wurschmidt - KeyBanc Capital Markets Joe Dickstein - Jefferies Thank you for standing by. My name is Mark, and I will be your conference operator today. At this time, I would like to welcome everyone to CareTrust REIT First Quarter 2024 Operating Results.
Read by 79% of LPs

entrepreneur.com January 08, 2024

3 Private Equity Stocks To Watch

The private equity industry is well-positioned for substantial growth in the future, largely attributable to a growing High-Net-Worth Individuals (HNWI) base, an uptick in global deals, and the sector's enhanced...
Read by 50% of LPs

seekingalpha.com November 27, 2023

Ares Capital: Strong Performance And High Dividend Yield (nasdaq:arcc)

Ares Capital (NASDAQ:ARCC) is a leading business development company (BDC) that provides financing solutions for middle-market companies in various industries. The company is externally managed by a subsidiary of Ares Management Corporation, a global alternative investment manager with over $200 billion of assets under management. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in first and second-lien senior secured loans, mezzanine debt, and equity securities. The company also can offer one-stop financing solutions to its portfolio companies.
Read by 61% of LPs

seekingalpha.com November 17, 2023

Prospect Capital Corporation: No Longer A Prospective Investment For Me (nasdaq:psec)

Prospect Capital Corporation (NASDAQ:PSEC) is a high yielding BDC investment trading at a steep discount. While several factors prop this company up as a potentially strong BDC play, I've decided to sell due to its long history of performance decline not conducive to my income portfolio. PSEC is a Business Development Company (BDC) that primarily invests in senior loans and mezzanine debt, often with an equity component. They provide capital to middle-market companies and private equity sponsors for various purposes like refinancing, leveraged buyouts, acquisitions, recapitalizations, growth investments, and capital expenditures.
Read by 40% of LPs

seekingalpha.com October 27, 2023

Mohawk Industries, Inc. (mhk) Q3 2023 Earnings Call Transcript

Good morning, everyone. My name is Jamie, and I will be your conference operator today. At this time, I would like to welcome everyone to Mohawk Industries Third Quarter 2023 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer period. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded today, Friday, October 27, 2023. Thank you. I would now like to introduce Mr. James Brunk. Mr. Brunk, you may begin your conference. Thank you, Jamie. Good morning, everyone.
Read by 33% of LPs

forbes.com October 22, 2023

Bdcs Put 10%+ Private Equity Yields In The Working Man’s Pocket

Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds! : Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds! Usually there’s a sizable fee to get into PE. Unless you know the secret knock at the back-door entrance, which is more our style anyway. These business development companies (BDCs) exist thanks to a perfectly legal loophole that lets anyone with an IRA or brokerage account tap into not just one or two private-market companies, but dozens at a time.
Read by 47% of LPs