RCQ Associates - Financial Markets Specialists’ Post

Huge breaking story from Bloomberg's Sonali Basak & Carmen Arroyo Nieto. Janus Henderson Investors agrees to buy Victory Park Capital Advisors to expand their Private Credit footprint, with a particular focus on ABF. This continues the trend of large asset managers acquiring specialty finance platforms, with Blue Owl Capital acquiring Atalaya Capital Management and Brookfield Asset Management acquiring Castlelake earlier this year. “Size does matter, as flippant as that sounds, especially in a global world,” - Victory Park CEO Richard Levy. With the huge potential and high investor interest in ABF, further consolidations in the market are probably to be expected. Contact Greg McGinnigle, Sebastian Whitlock Edward James to learn more about how we help Private Credit & Asset-Based Finance platforms to find the best talent for their teams. #assetbasedfinance #privatecredit #structuredfinance #specialtyfinance #securitization

Oaktree’s Howard Marks Sees Opening in Private Equity, Real Estate Pain Struggling under the weight of interest rates, highly-levered assets within private equity and real estate are promising distressed investors some of the best opportunities in more than a decade, according to Howard Marks, co-chairman and co-founder of Oaktree Capital Management. “The use of debt to amplify your returns has been the lifeblood of these two asset classes and they’ve done extremely well as a result,” he said in an interview on Bloomberg Television Monday. “But that’s where the pain will come in the future.” #realestate #property #realestatedevelopers #realestateagents #officespace #officebuildings #therealtynews #commercial #interestrates #supply #debt #investors #investments #inventory #privateequity Oaktree Capital Management, L.P. https://lnkd.in/gtgFYHn9

Check out this great video from AAREP DC from last week's Valuation & Equity event! An engaging panel, inquisitive attendees, and amazing views of DC made for an unforgettable discussion.

#StarMountainCapital was happy to co-sponsor with Blank Rome LLP the Private Markets Insider Alternative Investment & DealConnect Summit in Los Angeles, CA where insiders including CEOs, commercial bank executives, #PrivateEquity fund managers and Institutional investors discussed private market transactions. Robert Steven Kaplan, former President and CEO of the Federal Reserve Bank of Dallas, was a keynote speaker. Additionally, Brett Hickey, Founder & CEO of #StarMountainCapital, and Chris Goodwin, #StarMountainCapital Managing Director, shared insights on alternative investment strategies in #PrivateCredit and #Secondaries. Learn more here: https://bit.ly/SMC-PMI-LA   Star Mountain’s ~$4 billion AUM (committed capital including debt facilities as of 2/29/24) is from a network of investors including U.S. and international institutional investors and qualified high net worth investors seeking defensive, less volatile, higher alpha and less correlated returns. With team members in 20+ U.S. cities, Star Mountain is a specialized #AssetManagement firm focused on North American small and medium-sized businesses investing #Debt and #Equity directly into established operating companies as well as purchasing secondary fund and direct positions to provide early liquidity to investors. Star Mountain is a value-added lender with a team that has strong private equity and operating backgrounds to potentially help its portfolio companies grow in value. Learn more about Star Mountain here: https://lnkd.in/deG5DXS. #LMM #FundManagers #WealthManagers #InvestmentManagement #Secondaries #PrivateDebt

A positive start to 2024, and well done to all the different teams involved in helping us to achieve this. #propertyinvestmentplatform #creatingvalue

Expect More Private Credit M&A As Janus Henderson Completes Buyout of Victory Park Capital Private credit managers are in a race to get scale. We are seeing this from larger fund raises and from M&A. Expect more consolidation as niche players find it harder to originate deals. Read the article (free): https://lnkd.in/gHEYjgvS #privatecredit

It was a pleasure to participate in the Private Wealth Southeast Forum in Atlanta last week, hosted by Markets Group I always love learning from other professionals in our industry and discussing better ways to serve clients and manage their capital. Of course sharing the unique perspective of Reveille Wealth Management on a panel and how we utilize our Rules Based Investment Discipline (RBID) to improve upon traditional asset allocation strategies is quite an honor. #investments #riskmanagement #activemanagement #assetallocation #tacticalallocation #trendfollowing #wealthmanagement #rulesbasedinvesting #rbid

Savvides takes over £1bn smaller mandate from Whitmore as investors flee funds. Since the departures of JO Hambro's Alex Savvides and Jupiter's Ben Whitmore were announced, both managers’ funds have seen investors depart in droves. Check out Eve Maddock-Jones' latest article 👇 https://incm.pub/47YZslC #investing #assetmanagement #wealthmanagement #finance

Close Brothers Asset Management has hired Justin Yeldham as a senior investment director in its London office 🏢. With almost 30 years' experience in the investment industry, he started his career in 1994 at Carr Sheppards through its transition to Investec Wealth & Investment UK, which merged with Rathbones Group Plc last year, where he most recently was senior investment director. Check out Cristian Angeloni's latest article 👇 http://ow.ly/aiiY105owWN #investment #investmentmanagement #finance #assetmanagement

With US Large Cap leading the markets over the last ten years, why would we want to hold anything else in our portfolios? Director of Portfolio Management T. Ben Rose, CFA explores this and other questions in his latest article, available at https://buff.ly/3UQtIdq. #braggcommentary #braggplanning