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☆ HBCU students are diversifying Alternative Investing with the help of Wall Street's biggest firms
▼ + stars: | 2023-02-01 | by ( Frank Holland | Caitlyn Freda | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHBCU students are diversifying Alternative Investing with the help of Wall Street's biggest firmsCNBC's Frank Holland reports on Alt-Finance, a unique fellowship introducing HBCU students to alternative investing, created by Ares Capital, Oaktree Capital and Apollo Global Management.

☆ Wall Street's biggest investors are all but sure of a recession next year. Here’s where they are hiding out
▼ + stars: | 2022-12-29 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

For investors looking for a way to ride out the storm in one piece, here are where the biggest investors are hiding out. Emerging markets Bond King Gundlach said it's time to buy emerging market stocks as the dollar has likely hit its peak. Cash Cash, one of the most hated corners of the market for years, has gotten some newfound love as risk assets remain stuck in a rout. Buying safe government bonds allows investors to shop for riskier, more opportunistic credits in the market, Gundlach said. Spreads on non-Treasurys have widened, including guaranteed mortgages, junk bond yields, emerging market debt and asset back securities, he added.

☆ Watch CNBC's full interview with Oaktree Capital's Howard Marks
▼ + stars: | 2022-12-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Oaktree Capital's Howard MarksHoward Marks, Oaktree Capital Management co-chairman, joins 'Closing Bell' to discuss the 'sea change' in the market, if the last fourteen years almost a 'bubble' and how investors should prepare for next year.

☆ Returns will be harder to come by moving forward, investor Howard Marks says
▼ + stars: | 2022-12-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

The market is entering a massive regime shift after about 14 years of easy money and low interest rates, and that could make it harder to find solid returns from some assets, according to Oaktree Capital Management's Howard Marks. During that period, investors have benefited from low rates that created an ideal environment for borrowers and asset owners, the famed investor said on CNBC's " Closing Bell " on Friday. During this time, many investors joined the market, with low-interest rates encouraging demand for riskier assets, Marks said. "It isn't normalcy, and it's not — I don't think — going to be the norm going forward," he said. Going forward, interest rates hovering in this range and higher returns on assets like high-yield bonds should deter investors from buying riskier assets, Marks added.

☆ Should FTX users be viewed as creditors or asset owners? The answer could mean the difference between recovering funds or getting short-changed.
▼ + stars: | 2022-12-22 | by ( Brian Evans | ) www.businessinsider.com time to read: +3 min

Some FTX customers with funds trapped on the exchange want to be viewed as asset owners, the Financial Times reported. Lawyers plan to argue that the funds still held by FTX are "custody" assets that are owned by the users and should be repaid faster. Otherwise, being seen as unsecured creditors could mean waiting longer and only getting a fraction of their money back. Otherwise, being viewed as unsecured creditors could mean waiting longer and only getting a small fraction of their money back. Meanwhile, some FTX users may choose not to wait to see what happens.

☆ Aurizon to sell ECR unit for $285 mln to ease competition concerns
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +1 min

Dec 16 (Reuters) - Aurizon Holdings (AZJ.AX), Australia's largest rail freight operator, said on Friday it will sell its East Coast Rail (ECR) business to Magnetic Rail Group for A$425 million ($284.71 million) in cash. The ORA deal is expected to help Aurizon diversify from coal and add bulk capacity, aiding its transition to greener energy. "The (ECR) sale provides the best outcome for Aurizon and its shareholders, delivering a strong sale price and certainty in completing the divestment," said Managing Director and Chief Executive Officer Andrew Harding. In October, a consortium including private equity firms Oaktree Capital Management and Brookfield bid for Aurizon's ECR operations. read moreSales proceeds from the ECR deal will be used to reduce Aurizon's debt, while Magnetic Rail Group will assume ECR's existing debt.

☆ Howard Marks says we are in the third sea change in his 53-year career on Wall Street
▼ + stars: | 2022-12-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Market veteran Howard Marks said higher rates and safer returns are signs of the market's third-ever sea change in his 53-year investing career. Memos from Oaktree Capital Management's Marks have gained a wide following on Wall Street, and even legendary investor Warren Buffett has said he reads them regularly and always learns something from them. Credit investors became able to demand higher returns and better creditor protections," Marks said. The investor warned that because of the sea change, investments that have worked well in the past might start to underperform in the coming years. "That's the sea change I'm talking about."

☆ Inside the private-debt boom: Wall Street's hottest asset faces a tremendous test in a dimming economy
▼ + stars: | 2022-12-05 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +10 min

Defaults on private loans, which have fallen steadily since the pandemic's height in 2020, are ticking up. Private credit, or private debt, are catch-all terms to describe privately negotiated loans outside the public debt markets. Private credit firms engage in what's known as direct lending, making these private loans to companies who turn to them instead of a traditional bank. Analysts and asset management executives say private debt has held up well in 2022 in the face of brutal stock and bond market volatility. 'Fighting for allocation'A challenge for private debt funds in the past decade has been a dearth of companies they can lend to.

☆ Here are investing tips from the memo of Howard Marks, which Warren Buffett reads
▼ + stars: | 2022-11-24 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

This year's extreme volatility has kept investors on edge, but market veteran Howard Marks believes that none of the short-term risks should matter. "Investors should find a way to keep their hands off their portfolios most of the time," Marks said in the memo. The S & P 500 has fallen nearly 16% this year. "Consistently buy an S & P 500 low-cost index fund," Buffett said in 2017. "Think of participating in the long-term performance of the average as the main event and the active efforts to improve on it as 'embroidery around the edges,'" Marks wrote.

☆ Rich people don't have a 'lottery mindset,' says CEO—here are 3 things millionaires do differently
▼ + stars: | 2022-11-08 | by ( Trey Lockerbie | ) www.cnbc.com time to read: +2 min

Everyone approaches money differently, and I've always been fascinated by how the world's wealthiest people do it. For starters, rich people don't have a "lottery mindset" — or the belief that there's a shortcut to instant wealth by virtue of random luck. The most financially successful people have a passion for solving puzzles — and they treat the stock market the same way. "Because no one wants to get rich slowly," Buffett replied. Rich people say "no" more than they say "yes."

☆ China Evergrande says Hong Kong land plot sold by receivers for $637 mln
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Nov 6 (Reuters) - China Evergrande Group (3333.HK) said on Sunday its plot of undeveloped land for residential development in Hong Kong's Yuen Long district has been sold by its receivers for $636.94 million. The land project is expected to result in a loss of about $770 million, the Chinese property developer said in a filing to the Hong Kong bourse. The sale proceeds will be used to repay the financial obligations tied to the land plot, it said. Evergrande bought the rural land plot from local developer Henderson Land for $600 million in 2019, and spent around $532 million to convert it into buildable land, according to local media. Saddled with more than $300 billion in total liabilities, the defaulted Chinese property developer has already seen many of its assets, both in mainland China and Hong Kong, seized by creditors.

Oct 19 (Reuters) - Australian miner New Hope (NHC.AX) said on Wednesday it was not part of a consortium with private-equity firms Oaktree Capital Management and Brookfield (BAMa.TO), which according to a report was bidding for Aurizon's (AZJ.AX) East Coast Rail business. read moreAurizon declined to comment on the media report on Wednesday, but pointed to its annual general meeting held last week at which it said the divestment process was "well advanced" and that it would announce a decision next month. Register now for FREE unlimited access to Reuters.com RegisterBrookfield declined to comment on the media report. Shares in coal miner New Hope fell 7% after rival Whitehaven Coal's (WHC.AX) weak quarterly production update. ($1 = 1.5820 Australian dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Shashwat Awasthi and Upasana Singh; Editing by Vinay Dwivedi and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Goldman Sachs insiders say they are concerned about CEO David Solomon's push to build his personal brand, pointing to staff help for his DJing and use of the firm's planes
▼ + stars: | 2022-09-21 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

As David Solomon, Goldman Sachs' CEO, was wrapping up a work trip in late July, he boarded the company's Gulfstream G650 for Chicago. His personal account cites his role as Goldman Sachs' CEO, while his official Goldman Sachs account links to his personal account. As CEO, Solomon has overseen the firm's first investor day, launched a strategic update, and reaped record revenue of $59.3 billion in 2021. The Goldman representative disputed that characterization, saying the number of executive TV appearances has more than doubled over the past year. A Goldman representative said that Payback is run by music-industry consultants and that no Goldman Sachs resources are used for the platform.

☆ How to land a job in private equity, from Blackstone to Apollo, KRR, General Atlantic, and more
▼ + stars: | 2022-06-03 | by ( Business Insider | ) www.businessinsider.com time to read: +6 min

Private equity is a rewarding but challenging field to break into. Here is what we found about pay at private equity firms, including Blackstone, Apollo, and Bain Capital. Private equity recruiting has been starting earlier than ever Getty ImagesPrivate equity firms like to recruit from investment banks. These days, the private equity recruiting process has started earlier than ever, and it's resulting in middle-of-the-night interviews with offers being made — and blown up — all before Labor Day. General Atlantic managing director Alex Crisses walked Insider through the growth-equity investment firm's elite summer souring internship.

Persons: Jeffrey Hamilton, Alyssa Powell, Blackstone, Samantha Lee, Drew Angerer, Skye Gould, Jon Gray, Grace Koo, Read, Sara Diniz, Carlyle, Alex Crisses, Thoma Bravo, —, Warburg Pincus, Wharton's, Axel Springer Organizations: Blackstone, KKR, Morning, Getty, Apax Partners, Oaktree, of Foreign Labor, Apollo, Bain Capital, Labor, KKR KKR, General Atlantic, PJT Partners, Partners, dealmakers, Wall, University of Michigan Locations: Carlyle, Blackstone, Axel

☆ Группа Trans-Oil выпустила еврооблигации на сумму $400 млн
▼ + stars: | 2021-05-02 | by ( Super User | ) mybusiness.md time to read: +3 min

Группа «Trans-Oil» успешно вернулась на международные рынки капитала, запустив новый выпуск еврооблигаций на сумму 400 миллионов долларов со сроком погашения в 2026 году. Новый выпуск еврооблигаций вызвал значительный спрос со стороны международных институциональных инвесторов, при этом портфель заказов на период букбилдинга составил более 1,5 миллиарда USD. На фоне высокого спроса со стороны инвесторов процентная ставка была установлена на уровне 8,45% годовых, что на 365 пунктов ниже, в сравнении с первоначальным выпуском еврооблигаций на сумму 300 млн. «Эта новая сделка устанавливает новую веху в истории сделок Trans-Oil на рынке капитала после первоначальной сделки в 2019 году. «Огромный спрос со стороны инвесторов на этот новый выпуск еврооблигаций отражает постоянную устойчивость нашей бизнес-модели, а также опыт, который мы приобрели в увеличении и поддержании прибыльности.

Persons: Важа Джаши, Джим Ван Стинкисте Organizations: Fitch, Oil, Oaktree, Группа, Черноморский банк торговли и развития (), Международный Инвестиционный Банк (МИБ) Locations: tribuna.md, L.P, Центральная, Восточная Европа, Республика Молдова, Европа, США, Швейцария, Объединенного Королевство, Ближний Восток, Северная Африка, Азия, Дунайский регион

Noua emisiune de eurobonduri a generat o cerere semnificativă din partea investitorilor instituționali internaționali, cu un registru de comenzi care a totalizat peste 1,5 miliarde USD chiar în perioada de bookbuilding. Ampla diversificare a cererii din partea investitorilor a fost dovedită prin participarea activă a unor administratori de active și fonduri de pe arena internațională. Emisiunea a primit conform așteptărilor rating „B” din partea Fitch Ratings și rating „B-” de la S&P Global Ratings. „Această nouă tranzacție instituie un nou reper în istoria tranzacțiilor Trans-Oil pe piața de capital, după tranzacția inițială din 2019. Mulțumim comunității internaționale de investitori pentru recunoașterea arătată performanțelor noastre consecvente și modelului nostru de afaceri consolidat.

Persons: Fitch, Jim Van Steenkiste Organizations: Banca, Banca Internațională de Investiții, Oil, Oil Group, Principal Group Locations: Europa continentală, SUA, Elveția, Orientul Mijlociu, Africa de Nord, Asia, Negre, and, Europei Centrale, Est, Europa, dunăreană

☆ Finding hidden gems with a 99th-percentile investor
▼ + stars: | 2020-06-30 | by ( Business Insider | ) www.businessinsider.com time to read: +5 min

If you aren't yet a subscriber to Investing Insider, you can sign up here. Confusing times call for clarity, and the Investing team at Business Insider is here to unpack the ever-changing market landscape. -- JoeJoin Business Insider on July 8 at 12 p.m. Fund manager Aram Green specializes in finding promising companies that are about to start getting a lot more attention. Business Insider spoke with three experts who laid out where they think investors should be looking and putting their money ahead of likely market fluctuations.

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