GoldenTree Asset Management

GoldenTree Asset Management Announces Closing of $500 Million CLO Under GLM Strategy

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목요일, 5월 30, 2024
Asset Management, Professional Services, Finance, CLO, BofA Securities, GoldenTree Asset Management, Lisp (programming language), Investment, GLM, AAA, Morgan Stanley, Wells Fargo, Appellate court

GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $500 million collateralized loan obligation (“CLO”) to be managed by GLM III.

Key Points: 
  • GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $500 million collateralized loan obligation (“CLO”) to be managed by GLM III.
  • With the closing of this CLO, GoldenTree Loan Management US CLO 20 (“GLM US CLO 20”), GoldenTree has issued 26 CLOs totaling over $14 billion under its GLM CLO strategy.
  • Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations.
  • The syndicate globally distributed the rated notes issued by the CLO, while GLM III invested in the CLO’s equity.

CAIS Hosts Third Annual Alternative Investment Summit for Independent Advisors

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목요일, 5월 16, 2024
Professional Services, Data Analytics, Finance, Fintech, Asset Management, Banking, LP, Vista Equity Partners, GoldenTree Asset Management, Franklin Templeton Investments, HPS, T. Rowe Price, Apollo Global Management, Bank of America, CIM Group, UBS, Ecosystem, City, Partners Group, Nuveen, Bank, HarbourVest Partners, KKR, The Beverly Hilton, Summit, JPMorgan Chase, Third Point Management, Intermediate Capital Group, EQT Partners, Ares, Royal Bank of Canada, RBC, ICG, Blue Owl Capital, Cryptocurrency

CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.

Key Points: 
  • CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.
  • “We’ve reached a transformative moment in the alternative investment industry.
  • Financial advisors everywhere appreciate the importance of incorporating alts into end client portfolios and are actively pursuing efficient, innovative solutions to differentiate their practices,” said Matt Brown, Founder and CEO of CAIS.
  • The momentum also comes on the heels of the launch of CAIS Live , a nationwide alternative investment education program hosted for advisors in key cities across the nation.

GoldenTree Asset Management Hires John Edenbach to Continue to Expand its Wealth Management Business

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월요일, 4월 15, 2024
Asset Management, Professional Services, Finance, Multimedia, Wealth management, History, Partnership, RIAS, Babson College, Investment, GoldenTree Asset Management, Financial adviser

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with nearly $55 billion in assets under management, today announced the hiring of John Edenbach as Managing Director, based in New York.

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with nearly $55 billion in assets under management, today announced the hiring of John Edenbach as Managing Director, based in New York.
  • Mr. Edenbach will focus on business development, working to expand GoldenTree’s existing efforts in Wealth Management.
  • He will report to Claudio Macchetto, Managing Director and Head of North American Wealth Management, at GoldenTree.
  • Mr. Edenbach brings over 20 years’ experience in wealth management, having also worked in Merrill Lynch’s Alternative Investments business for almost two decades.

DOLLUR is a Memecoin “Inspired” by the US Dollar and It’s up 10,000%

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화요일, 4월 9, 2024
Bitcoin, Digital asset, USD, Motivation, Base, GoldenTree Asset Management, Cryptocurrency

New York, NY, April 09, 2024 (GLOBE NEWSWIRE) -- The US dollar is the latest establishment institution to get the memecoin treatment.

Key Points: 
  • New York, NY, April 09, 2024 (GLOBE NEWSWIRE) -- The US dollar is the latest establishment institution to get the memecoin treatment.
  • DOLLUR was launched on Coinbase’s Base network and shot up 10,000% soon after launch.
  • As the crypto bull run continues, memecoins have made huge gains and DOLLUR is no different.
  • “We’re currently implementing a roadmap to take DOLLUR to one dollar.” DOLLUR is currently trading at $0.0007.

Republic Announces Acquisition of GoldenChain, the Digital Asset Arm of GoldenTree Asset Management

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화요일, 4월 2, 2024
Finance, Professional Services, Digital Cash Management, Digital Assets, Technology, Asset Management, Growth, Partner (business rank), Digital asset, Acquisition, Lisp (programming language), Head, Morgan Stanley, Partner, GoldenTree Asset Management, Cryptocurrency

Republic, a leading investment firm, today announced the acquisition of GoldenChain, a wholly owned subsidiary of GoldenTree Asset Management, which manages the firm’s digital assets funds.

Key Points: 
  • Republic, a leading investment firm, today announced the acquisition of GoldenChain, a wholly owned subsidiary of GoldenTree Asset Management, which manages the firm’s digital assets funds.
  • Republic looks forward to integrating GoldenChain's expertise and resources into its existing framework, further enhancing its capabilities in the digital asset landscape.
  • “This acquisition marks a significant milestone in our journey to expand our presence and expertise in the digital asset space.
  • Mr. Naggar has been a driving force behind digital asset initiatives at GoldenTree, most recently serving as Head of Digital Assets of GoldenChain.

GoldenTree Asset Management Announces $1.3 Billion in Commitments for Third CLO Equity Fund

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월요일, 4월 1, 2024
Asset Management, Professional Services, Finance, CLO, Partner (business rank), GoldenTree Asset Management, CBO, Lisp (programming language), Insurance, RIAS, AUM, IRR, Fund, GLM, AAA

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $54 billion in assets under management, today announced the closing of $1.3 billion in commitments on its third CLO strategy (“GLM III” or the “Fund”).

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $54 billion in assets under management, today announced the closing of $1.3 billion in commitments on its third CLO strategy (“GLM III” or the “Fund”).
  • GLM III is a continuation of the GoldenTree Loan Management (“GLM”) program that began in 2016, bringing aggregate commitments across the entire GLM program (i.e., GLM I, II, and III) to over $2.625 billion.
  • “Demand for our CLO equity has increased as investors recognize the value it can create within their portfolio,” she continued.
  • GoldenTree founded the GLM program to enhance the firm’s already top-quartile track record in CLO equity by taking a unique approach to CLO execution, optimizing both the strategy’s assets and liabilities.

GoldenTree Announces over $1.35 Billion Private Credit Fund

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월요일, 3월 11, 2024
Asset Management, Professional Services, Finance, Partner (business rank), Return, Insurance, RIAS, Investment, Fund, GoldenTree Asset Management, Financial services

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $53 billion in assets under management, today announced the closing of its Private Credit Fund.

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $53 billion in assets under management, today announced the closing of its Private Credit Fund.
  • GoldenTree’s Private Credit Fund (the “Fund”) secured commitments of over $1.35 billion, surpassing its target of $800 million to $1 billion.
  • Over the last decade, GoldenTree has made over $6 billion of private credit investments across over 15 industries, generating positive returns on 100% of its realized investments.
  • “Private credit continues to experience the most innovation across credit asset classes,” said Steve Tananbaum, GoldenTree’s Founder, Managing Partner, and Chief Investment Officer.

Susan G. Komen® Strengthens Leadership with Strategic Appointments to Board of Directors

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수요일, 3월 20, 2024
J. P. Morgan, Entrepreneurship, AIG, General partnership, Bachelor of Arts, Artificial intelligence, Duke University, Chairperson, Research, Harvard Business School, Executive Committee, University, Portfolio management, Bioethics, High-yield debt, Chemistry, Breast cancer, Partner, GoldenTree Asset Management, Sony Pictures, Aignan, AVP, Management

DALLAS, March 20, 2024 /PRNewswire/ -- Susan G. Komen®, the world's leading breast cancer organization, today announced four new global leaders to serve on its Board of Directors. These appointments mark a significant milestone in the organization's continued commitment to advancing breast cancer research, awareness and support. The newly appointed board members bring a wealth of experience and expertise to the organization, further fortifying Komen's mission to end breast cancer forever.

Key Points: 
  • These appointments mark a significant milestone in the organization's continued commitment to advancing breast cancer research, awareness and support.
  • "Komen's new board members join a legacy of passionate individuals who have dedicated themselves to making a difference," said Paula Schneider, president & CEO, Susan G. Komen.
  • Kathy Sutherland, Partner & Chief Executive Officer at GoldenTree Asset Management, brings a wealth of financial acumen and strategic leadership to the board.
  • Additional information on the Board of Directors and individual Board members can be found here: https://www.komen.org/about-komen/our-people/ .

GoldenTree Asset Management Announces Closing of $449 Million CLO Under GLM Strategy

Retrieved on: 
월요일, 2월 26, 2024
Banking, Asset Management, Professional Services, Finance, GLM, Investment, Wells Fargo, CLO, Morgan Stanley, Lisp (programming language), BofA Securities, AAA, GoldenTree Asset Management, Appellate court

GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $449 million collateralized loan obligation (“CLO”) to be managed by GLM III.

Key Points: 
  • GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $449 million collateralized loan obligation (“CLO”) to be managed by GLM III.
  • With the closing of this CLO, GoldenTree Loan Management US CLO 19 (“GLM US CLO 19”), GoldenTree has issued 25 CLOs totaling over $14 billion under its GLM CLO strategy.
  • Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations.
  • GLM US CLO 19 will initially be backed by a 96% ramped $434 million portfolio of primarily senior secured loans as of closing and will have a five-year reinvestment period and a two-year non call period.

GoldenTree Asset Management Hires Markus Taubert and Establishes Office in Germany

Retrieved on: 
금요일, 1월 5, 2024
Asset Management, Professional Services, Finance, Growth, Business administration, GoldenTree Asset Management, Multimedia, Partner (business rank), Bank

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $53 billion in assets under management, today announced the hiring of Markus Taubert as a Principal, based in Munich, establishing GoldenTree’s physical presence in Germany.

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $53 billion in assets under management, today announced the hiring of Markus Taubert as a Principal, based in Munich, establishing GoldenTree’s physical presence in Germany.
  • View the full release here: https://www.businesswire.com/news/home/20240104454416/en/
    Mr. Taubert joins GoldenTree from Muzinich, where he was Head of Germany and Austria, leading relationships with investors across the regions.
  • Mr. Taubert was also previously the Head of the Institutional Client Business for Germany and Austria at Blackrock.
  • I am excited to help broaden GoldenTree’s footprint in the DACH region and to work closely with clients from our new office in Germany.”