DIRS.INFO The most relevant business & tech news

Cadre Holdings CEO Warren Kanders sold $50.3 million worth of stock. Ares Management CEO Michael Arougheti sold $32.7 million worth of stock. Cadence Design Systems CEO Anirudh Devgan sold $14.7 million worth of stock. AppLovin CFO Herald Chen sold about $9.5 million worth of stock. Cleanspark CEO Zachary Bradford sold nearly $9 million worth of stock.

Persons: Michael Dell, Verity Data, Mark Zuckerberg, Chan Zuckerberg, Zuckerberg, Priscilla Chan, Warren Kanders, Kanders, Jayshree Ullal, Michael Arougheti, Sytse Sijbrandij, Sijbrandij, Anirudh Devgan, Aneel Zaman, Herald Chen, Zachary Bradford Organizations: Dell Technologies, Dell, DELL, Securities and Exchange Commission, Chan Zuckerberg Initiative, Facebook, Cadre, VerityData, Arista Networks, Ares Management, Cadence Design, Herald Locations: 10b5

☆ How real estate's pain could be Wall Street's gain as Blackstone, Goldman, and others dive back in.
▼ + stars: | 2024-03-19 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +12 min

That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.

Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis

☆ Cramer's Lightning Round: GE HealthCare can go higher
▼ + stars: | 2024-03-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance. Stock Chart Icon Stock chart icon Ares Capital's year-to-date stock performance. Stock Chart Icon Stock chart icon Coherent's year-to-date stock performance. Stock Chart Icon Stock chart icon Pure Storage's year-to-date stock performance. Stock Chart Icon Stock chart icon Manhattan Associates' year-to-date stock performance.

Persons: It's, Ares, I'm, Jim Cramer's Organizations: GE, GE HealthCare, GE Healthcare, Technologies, BWX Technologies, Qualcomm, Ares, Manhattan Associates

☆ Lightning Round: Qualcomm is not for me, says Jim Cramer
▼ + stars: | 2024-03-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Qualcomm is not for me, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: GE Healthcare, BWX Technologies, Qualcomm, Ares Capital and more.

Persons: Jim Cramer Organizations: Qualcomm, GE Healthcare, BWX Technologies, Ares

☆ Private credit may offer high yields, but investors should tread carefully. What to know
▼ + stars: | 2024-02-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Private credit has become a hot investment on Wall Street as institutional investors seek out alternative investments with attractive dividends. "Investors might consider allocating a portion of their portfolio to private credit, depending on their individual risk tolerance, investment horizon and financial goals." Private credit funds have yields generally in the low-teens, although it can vary, he said. In a February report on U.S. life insurance ratings, Fitch Ratings said, "elevated private credit borrower leverage and a relative deterioration in private credit terms and conditions during more competitive lending environments are adding to pressures in the credit quality of private credit assets." The majority of the portfolio is in direct lending private credit, but a portion is also in publicly-traded securities of larger corporate issuers.

Persons: SoFi, Vivek Paul, Paul, Goldman, Greg Olafson, David Solomon, Fitch, Lisa Kwasnowski, Blackstone, Kwasnowski, Chuck Failla, it's, Failla, Oppenheimer, Mitchel Penn, Penn, Ares Capital, They've Organizations: Street, Franklin BSP Private Credit Fund, CNBC, Wall, BlackRock, Research, Management, UBS, Blackstone Private Credit Fund, Sovereign Financial Group, Securities and Exchange Commission, Owl, Golub, Ares, Sixth, SEC Locations: DBRS Morningstar's

☆ Ares Management CEO Michael Arougheti: The worst of the higher rates is behind us
▼ + stars: | 2024-02-21 | 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 EmailAres Management CEO Michael Arougheti: The worst of the higher rates is behind usMichael Arougheti, Ares Management president and CEO, joins 'Money Movers' to discuss how borrowers are absorbing the environment's higher rates, stress in the real estate sector, and how Arougheti is considering the commercial real estate sector.

Persons: Michael Arougheti, Ares Organizations: Ares Management

☆ These stocks are a way for regular investors to buy the private credit boom, Morgan Stanley says
▼ + stars: | 2024-02-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Private credit firms can help companies raise money more quickly and with more flexibility than traditional lenders. Many everyday investors can't buy into big private credit funds, but they can get exposure to the space through the stocks of some of the biggest private lenders. Hamilton still sees upside in buying private credit firms, especially one stock. "Our credit and insurance teams had a remarkable year in 2023, with gross returns of 16.4% in the private credit strategies and 13% in liquid credit. There are also private credit firms that trade outside of the U.S., for investors who are able to buy stocks in foreign markets.

Persons: Matthew Bass, Morgan Stanley, Bruce Hamilton, Hamilton, Blackstone, Jonathan Gray, Morgan Stanley's Organizations: Federal Reserve, Companies, Apollo Global Management, APO, KKR, Intermediate Capital Group Locations: Preqin, U.S

☆ Commercial real estate is in big trouble — and the problems may have major financial fallout
▼ + stars: | 2024-02-16 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Read previewThe tremors rattling US commercial real estate are spreading to other countries and sectors, and threaten to escalate into a financial earthquake as refinancing deadlines loom. There are growing signs that commercial real estate is in serious trouble. AdvertisementProspective losses, refinancing woes, international contagion, and panic selling combine to create a bleak outlook for the commercial property sector. The catalyst for both the banking and commercial real estate drama is deceptively dry: rising interest rates. AdvertisementMoreover, "Undercover Billionaire" star and real estate tycoon Grant Cardone has hailed the ongoing correction as a rare chance for everyday people to buy "trophy real estate" from institutional owners.

Persons: —, aren't, Barry Sternlicht, Pfandbriefbank, Warren Buffett, Ian Jacobs, Jacobs, Grant Cardone Organizations: Service, Business, Starwood Capital's, Bloomberg, European Central Bank, New York Community Bancorp, Investors, Silicon Valley Bank, Federal Reserve, Wall Street, Berkshire Hathaway, Ares Management Locations: Europe, Silicon, San Francisco, New York City, Manhattan, Los Angeles

☆ These stocks could be next to join the S&P 500, increasing demand for shares, says Bank of America
▼ + stars: | 2024-02-06 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

A slew of companies are primed to join the S & P 500 in the near future, and Bank of America thinks their shares could get a boost from it. The bank expects KKR could be the next investment management firm to join the S & P 500 over the six months following the addition of Blackstone to the index last year. An addition to the S & P 500 is likely to drive up the prices of each of the stocks. "Passive ETFs benchmarked to the S & P 500 are growing and getting inflows which will help support the share prices of the stocks in the index," Siegenthaler added. For KKR, the analyst has a $109 price objective, implying 23% upside from Monday's close.

Persons: Blackstone, Craig Siegenthaler, Siegenthaler Organizations: Bank of America, KKR, Apollo Global Management, Ares Management, APO

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Carlyle billionaire David Rubenstein is buying MLB's Baltimore Orioles: reports
▼ + stars: | 2024-01-31 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Carlyle Group cofounder David Rubenstein is fronting a group buying the Baltimore Orioles, reports say. Fellow private equity billionaire Michael Arougheti is also expected to be involved in the deal. AdvertisementFamed private equity investor David Rubenstein is reportedly planning to buy the Baltimore Orioles. Puck broke the news Tuesday that the Carlyle Group cofounder and Baltimore native is fronting a group expected to take a 40% stake in the Major League Baseball franchise. AdvertisementThe Orioles are owned by the Angelos family, who bought the MLB franchise in 1993.

Persons: David Rubenstein, Angelos, Puck, Michael Arougheti, —, Cal Ripken, Jr, Rubenstein, he'll, Peter Angelos, John, Carlyle, Josh Harris Organizations: Carlyle, Baltimore Orioles, Major League Baseball, Service, Carlyle Group, Baltimore, Ares Management, Orioles, MLB, Financial, National Basketball Association, Apollo Global, National Football League's

Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity Tuesday night because the agreement had not been announced. Rubenstein, a Baltimore native, will take over as the team's controlling owner, and he's assembled an investment team that includes Ares co-founder Michael Arougheti. The Angelos family has been in control of the Orioles since 1993, when Peter Angelos purchased the team for $173 million. The team recently reached a deal on a new lease extension at Camden Yards.

Persons: David Rubenstein, Rubenstein, he's, Michael Arougheti, Angelos, Peter Angelos, John, Carlyle, Jimmy Carter Organizations: Group Inc, Baltimore Orioles, Associated Press, Orioles, Camden, Duke, University of Chicago Law School Locations: Baltimore, Camden Yards . Maryland, Washington

☆ Baltimore Orioles agree to be sold to a group led by David Rubenstein for $1.7 billion
▼ + stars: | 2024-01-30 | by ( Matt Egan | David Goldman | ) edition.cnn.com time to read: +2 min

The Orioles have been mediocre — or straight-up awful — throughout most of Angelos’ ownership. The new owner, Rubenstein, is a Baltimore native and co-founder of The Carlyle Group, a Washington, DC-based private equity giant. If the sale is approved, Rubenstein will become the controlling partner in the ownership group, the key decision-maker. After the 94-year-old Angelos dies, the Rubenstein group will own all 100% of the club. The Orioles’ $1.7 billion valuation is nearly triple what the team was worth in 2014, according to Forbes.

Persons: Peter Angelos, David Rubenstein, Angelos, Hall, Cal Ripken, Jr, Rubenstein, Angelos ’, Michael Arougheti Organizations: CNN, Baltimore Orioles, Orioles, Major League Baseball, Baltimore, Hall of Famer, American League East, AL, The Carlyle Group, longtime Orioles, Ripken, Ares Management, Forbes, Milwaukee Brewers, Colorado Rockies Locations: Baltimore, Washington, DC

☆ How private credit became one of the hottest investments on Wall Street
▼ + stars: | 2024-01-22 | by ( Christian Nunley | ) www.cnbc.com time to read: +1 min

Private credit has quickly become one of Wall Street's most popular investment classes in 2023. It also has roots in the Federal Reserve's monetary policy of holding interest rates near 0% for a decade. You won't find private credit funds on Robinhood. "It comes from pension funds, endowments and foundations, insurance companies, retail investors, sovereign wealth investors," Dwin said. Watch the video above to learn more about what private credit is, how it has changed debt markets and the risks involved.

Persons: Damien Dwin, Dwin Organizations: Apollo, Ares Management, Federal, Fed, Lafayette Capital Locations: Robinhood

☆ 10 industry leaders transforming business in 2023
▼ + stars: | 2023-12-11 | by ( ) www.businessinsider.com time to read: +20 min

In 2023, Business Insider's annual list of People Transforming Business highlights key players across the advertising, ESG, finance, AI, and labor sectors. Increasingly, they're turning to more opaque private credit markets to borrow money. The world of private credit sits outside the traditional banking system. Analysts expect the private credit market to balloon in size — likely keeping lawyers like Breen very busy. Muthukrishnan is trying to make sense of how risky these private credit loans are by overseeing what is so far the most comprehensive look at vulnerabilities in the industry.

Persons: Mira Murati, who's, Vince Toye, Eileen Fisher, Eileen Fisher Fisher, Guerin Blask, Eileen Fisher Eileen Fisher, she's, Fisher, Janelle Jones, Jones, Lexey, —, She's, Justin Breen, Proskauer Breen, Proskauer Justin Breen, he's, Breen, Ares Capital, He's, McLaren, Julie Su, Labor Julie Su, Department of Labor Julie Su, Su, Marty Walsh, Murati, Jim Wilson, Neal Mohan, YouTube Mohan, Katie Thompson, YouTube It's, YouTube isn't, Mohan, Muthukrishnan, Satya Nadella, Microsoft Satya Nadella, Ben Kriemann, Nadella, Steve Ballmer, Mathias Döpfner, Axel Springer, Tim Cook, Apple Cook, Justin Sullivan, Cook, Steve Jobs, Jobs, JPMorgan Chase Toye, JPMorgan Chase, Toye, they'll, Vince Toye's, Bella Sayegh, Rebecca Ungarino, Lara O'Reilly, Juliana Kaplan, Alex Nicoll, Tim Paradis, Stephanie Hallett, Michelle Abrego, Josée Rose, Ryan Joe, Emily Canal, Kaja Whitehouse, Alyssa Powell, Davis, Jonann Brady Organizations: JPMorgan, Service Employees International, SEIU, New York, Ford, Service Employees International Union, United Auto Workers Union, Spelman College, US Department of Labor, Economic Policy Institute, Center for Economic, Research, Department of Labor, The New York Times, Ares, Churchill Asset Management, European, Atlético Madrid, Labor, Labor Department, MacArthur Foundation, New York Times, Dartmouth, OpenAI, Associated Press, YouTube, NFL, DirecTV, Federal, Microsoft, Manipal Institute of Technology, University of Wisconsin -, University of Chicago, Apple, Apple Watch, Google, Time, JPMorgan Chase, National Housing Trust, Trenton Almgren Locations: McDonald's, Lorain , Ohio, Atlanta, California, Los Angeles, Albania, Canada, Muthukrishnan, Hyderabad, India, University of Wisconsin - Milwaukee, OpenAI, Virginia, Wells Fargo, Trenton

☆ Saks and Neiman Marcus are better together
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

The signage outside the Neiman Marcus store is seen during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 19, 2020. REUTERS/Jeenah Moon Acquire Licensing RightsNEW YORK, Dec 1 (Reuters Breakingviews) - Saks Fifth Avenue and Neiman Marcus might be headed down the aisle. The two luxury retailers are in talks to merge, according to the Wall Street Journal on Friday. By joining forces, Saks and Neiman would have more power negotiating with vendors and ability to control costs. Saks and Neiman are destined to match up.

Persons: Marcus, Neiman Marcus, Neiman, Jennifer Saba, Robert Cyran, Aditya Sriwatsav Organizations: REUTERS, Reuters, Saks Fifth, Wall, Saks, HBC, Dallas, Ares Management, Plan Investment Board, Bain, Neiman, X, Barclays, Thomson Locations: New York City, U.S, Canada

Sustainability-linked loans (SLL), which were first used in 2017, offer slightly cheaper borrowing, typically around 2.5-10 basis points less, if companies meet goals such as cutting their carbon emissions or improving board diversity. These let banks strip the sustainability-linked label from the loans if targets are no longer deemed appropriate. The banks' tougher standards are discouraging some borrowers from using SLLs entirely, bankers and lawyers told Reuters. The Engie spokesman said the utility would not agree to linking an event of default to sustainability targets. "We have stated our willingness to walk away when sustainability targets were too soft," said Brittany Agostino, vice president in the environmental, social and governance group at Los Angeles-based Ares.

Persons: Toby Melville, Banks, Constance Chalchat, Pascale Forde Maurice, Elliot Beard, Simmons, Beard, I've, David Milligan, Norton Rose Fulbright, Gemma Lawrence, Pardew, Brittany Agostino, Fredrik Altmann, Tommy Reggiori Wilkes, Isla Binnie, Shankar Ramakrishnan, Simon Jessop, Alexander Smith Organizations: FCA, Financial, Authority, REUTERS, LONDON, BNP, Corporate, Institutional Banking, Reuters, JPMorgan, Ford Motors, SLLs, CIB's, European, Sustainable Investment Banking, Simmons, Norton Rose, Market Association, BMW, Porsche, Thomson Locations: London, Britain, North America, Asia, Los Angeles, New York

☆ Ares' Kipp deVeer talks the private credit picture in volatile lending market
▼ + stars: | 2023-11-08 | 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 EmailAres' Kipp deVeer talks the private credit picture in volatile lending marketKipp deVeer, Ares Credit Group, joins 'Closing Bell Overtime' to talk the private credit space, cashing in on volatility, and more.

Persons: Kipp deVeer Organizations: Ares Credit Group

☆ Top Wall Street analysts say buy these dividend stocks for enhanced returns
▼ + stars: | 2023-11-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Ares CapitalThis week we will first look at a high-dividend yield stock Ares Capital (ARCC). ARCC offers a dividend yield of 9.8%. Citi's dividend yield stands at 5%. The company pays a dividend yield of 2.5%. On Oct. 26, Tigress Financial Partners analyst Ivan Feinseth reiterated a buy rating on AT&T stock with a price target of $28.

Persons: Justin Sullivan, Wall, Kenneth Lee, Lee, TipRanks, James Fotheringham, Fotheringham, Peter Saleh, Saleh, Ivan Feinseth, Feinseth Organizations: Citibank, ARCC, RBC Capital, Ares, Citigroup, Citi, BMO Capital, Tigress Financial, Edge, T Locations: California

☆ CNN Investigates: Forensic analysis of images and videos suggest rocket caused Gaza hospital blast, not Israeli airstrike
▼ + stars: | 2023-10-21 | by ( Paul P. Murphy Katie Polglase Benjamin Brown Gianluca Mezzofiore Eliza Mackintosh | Paul P. Murphy | Katie Polglase | ) edition.cnn.com time to read: +18 min

But CNN’s analysis suggests that a rocket launched from within Gaza broke up midair, and that the blast at the hospital was the result of part of the rocket landing at the hospital complex. All agreed that the available evidence of the damage at the site was not consistent with an Israeli airstrike. In the past few days, a number of outlets have published investigations into the Al-Ahli Hospital blast. CNN geolocated the hospital blast by referencing nearby buildings just west of the complex. Marc Garlasco, the former defense intelligence analyst and UN war crimes investigator, says there are signs of a lack of evidence at the Al-Ahli Hospital site.

Persons: Joe Biden, “, Israel, –, Abed Khaled, Jazeera, Al, ” Markus Schiller, Cedric Leighton, Chad Ohlandt, PIJ, Fadel Na’eem, Na’eem, Dr, ‘, ”, Marc Garlasco, Chris Cobb, Smith, I’ve, we’ve, ” Cobb, Patrick Senft, Senft, it’s, There’s, Cobb Organizations: CNN, Palestinian, National Security Council, Shifa, Ahli Baptist Hospital, Israel, Al, NATO, European Union, US Air Force, US National Security Agency, Rand Corporation, ’, Brigades, Quds Brigades, IDF, UN, Amnesty International, Armament Research Services, Islamic Locations: Ahli, Gaza City, Gaza, Israel, Islamic, Al, Al Jazeera, Tel Aviv, Europe, Washington , DC, Ashdod, Quds, rummage

☆ Private credit returns are 'very attractive' given the risk, says Oaktree's Armen Panossian
▼ + stars: | 2023-09-28 | 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 EmailPrivate credit returns are 'very attractive' given the risk, says Oaktree's Armen PanossianMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Oaktree's Armen Panossian Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

☆ Good companies are staying private longer, says Ares Management CEO Michael Arougheti
▼ + stars: | 2023-09-28 | 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 EmailGood companies are staying private longer, says Ares Management CEO Michael AroughetiMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Ares, Michael Arougheti Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

☆ Economy and markets could actually experience trouble going forward: Oaktree's Armen Panossian
▼ + stars: | 2023-09-28 | 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 EmailEconomy and markets could actually experience trouble going forward: Oaktree's Armen PanossianMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Oaktree's Armen Panossian Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

One of those strategies is private credit. As the strategy gains steam, some are concerned that higher-for-longer interest rates could put more stress on the balance sheets of borrowers. However, as servicing the debt becomes more expensive, that could force more negotiations between private credit managers and their borrowers. Arougheti said the firm has been benefitting from rising rates, boosting their relative return. He noted that in pulling data points from the 3,000 portfolio companies Ares lends to and invests in, he's seen "fundamental strength despite the rise in rates."

Persons: Michael Arougheti, helms, he's, Arougheti, CNBC's Leslie Picker

☆ The Sharpe angle: Sizing up the private credit market with Michael Arougheti
▼ + stars: | 2023-09-27 | 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 EmailThe Sharpe angle: Sizing up the private credit market with Michael AroughetiCNBC's Leslie Picker sits down with Ares Management CEO Michael Arougheti just a year after their first conversation for the Delivering Alpha Newsletter. In this interview, Arougheti addresses the boom in private credit, points to opportunities in the banking space after the March turmoil, and explains how a higher-for-longer interest rate regime could impact his industry.

Persons: Michael Arougheti CNBC's Leslie Picker, Michael Arougheti Organizations: Ares Management, Alpha

Search resuls for: "ARES"

25 mentions found