Investment management

Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended June 30, 2021 and Declaration of Distributions of Common Stock for the Months Ending October 31, November 30, and December 31, 2021

Investment management, Net asset value, NAV
Tuesday, July 27, 2021 - 1:00pm

As of June 30, 2021, net asset value (NAV) per share was $4.91, compared with the NAV per share of $4.88 at the prior quarter end.

Key Points: 
  • As of June 30, 2021, net asset value (NAV) per share was $4.91, compared with the NAV per share of $4.88 at the prior quarter end.
  • For the quarter ended June 30, 2021 we recorded GAAP net investment income of approximately $2.8 million, or $0.06 per share.
  • Total investment income for the quarter ended June 30, 2021 amounted to approximately $7.8 million, compared with approximately $9.4 million for the quarter ended March 31, 2021.
  • On July 22, 2021, our Board of Directors declared the following distributions on our common stock:

 Yieldstreet Hits $2B In Deals Funded on Only Diversified Alternative Investment Platform

Banking, Other Professional Services, Professional services, Finance, Fund platform, Investment management
Tuesday, July 27, 2021 - 1:00pm

To date, 160 of Yieldstreets offerings have fully matured or been repaid in full on its platform.

Key Points: 
  • To date, 160 of Yieldstreets offerings have fully matured or been repaid in full on its platform.
  • With Yieldstreet, for as little as $1,000, were delivering that access, said Milind Mehere, Founder and CEO of Yieldstreet.
  • More than 300,000 people have joined Yieldstreets diversified platform to date, already catapulting the company ahead of its full-year goal for new investors on the platform.
  • Yieldstreet is a next generation digital investment platform powering the modernization of todays portfolios by unlocking access to income-generating alternative investments.

Pittsburgh Investment Professional, Tom McGahan Launches Eamon Capital Management

Small business, Banking, Professional services, Finance, Finance, Money, Economy, Investment, Institutional Investor, Investor, Investment management
Tuesday, July 27, 2021 - 12:00pm

Eamon Capital Managements founder Tom McGahan envisioned a firm built on the principles of institutional investing while providing direct access to investment decision makers.

Key Points: 
  • Eamon Capital Managements founder Tom McGahan envisioned a firm built on the principles of institutional investing while providing direct access to investment decision makers.
  • Prior to founding Eamon Capital Management http://www.eamoncap.com , McGahan spent over 20 years advising and managing investments for large institutional capital pools within corporate and public pension plans, endowments and foundations.
  • Eamon Capital Management is a fee-only, registered investment advisor in Wexford, Pennsylvania, providing holistic wealth and investment management services to individuals and families as well as investment management services to institutional investors, financial advisors, tax planners and other professional services providers.
  • Learn more about Eamon Capital Management at eamoncap.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210727005126/en/

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Finance, Money, Investment funds, Investment management, Investment, Financial markets, Net asset value, Investment trust, Issuer
Tuesday, July 27, 2021 - 12:03pm

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Key Points: 

Rights and Issues Investment Trust PLC: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 26/07/2021 was:
Number of shares in issue:

Star Mountain Capital Names John Ide, Former Managing Director at JPMorgan Asset Management ($2+ Trillion AUM), as Managing Director and Increases Midwest Coverage

Small business, Banking, Professional services, Finance, Finance, Financial services, Banking, House of Morgan, Primary dealers, JPMorgan Chase, Investment banking, Chase Bank, Investment management, Subprime mortgage crisis
Tuesday, July 27, 2021 - 9:30am

Mr. Ide spent the bulk of his career, 22 years, at JPMorgan Asset Management, the $2+ trillion AUM investment manager that is part of the international commercial and investment banking group JPMorgan Chase (NYSE: JPM).

Key Points: 
  • Mr. Ide spent the bulk of his career, 22 years, at JPMorgan Asset Management, the $2+ trillion AUM investment manager that is part of the international commercial and investment banking group JPMorgan Chase (NYSE: JPM).
  • As a Managing Director and member of the Strategic Client Group, he oversaw some of the largest and most sophisticated institutional clients and also served on various internal management committees.
  • While at Banc One Capital Markets, he originated, structured and underwrote more than $3 billion in asset backed credit securities.
  • Star Mountain is dedicated to this large market of underserved businesses purpose-built to address the challenges and opportunities of these companies.

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Investment management, Finance, Money, Investment funds, Net asset value, Dividend, Investment
Tuesday, July 27, 2021 - 2:30am

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Key Points: 

Chelverton UK Dividend Trust plc: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 23/07/2021 was:
Number of shares in issue:

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Investment funds, Investment management, Financial markets, Net asset value, Investment, Issuer
Tuesday, July 27, 2021 - 2:30am

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Key Points: 

Rights and Issues Investment Trust PLC: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 23/07/2021 was:
Number of shares in issue:

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

Consulting, Banking, Professional services, Finance, Finance, Money, Investment, Ares Management, Corporate finance, Equity securities, Private equity, Investment management, Apollo Global Management, Companies listed on the New York Stock Exchange
Monday, July 26, 2021 - 9:15pm

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of June 30, 2021 is now available via www.arespublicfunds.com .

Key Points: 
  • Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of June 30, 2021 is now available via www.arespublicfunds.com .
  • About Ares Dynamic Credit Allocation Fund, Inc.
    Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
  • ARDC invests in a broad, dynamically-managed portfolio of credit investments.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Sonja Breeding, CFP® Joins Rebalance as Vice President, Investment Advice, Expanding Firm’s Financial Planning Division

Professional services, Finance, Finance, Money, Economy, Financial planners, Financial management, Investment management, Wealth management, Rebalance
Monday, July 26, 2021 - 7:00pm

View the full release here: https://www.businesswire.com/news/home/20210726005667/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210726005667/en/
    Sonja Breeding, CFP, Vice President of Investment Advice with Rebalance.
  • (Photo: Business Wire)
    The Rebalance360 service platform provides clients with financial planning, investment management, and expert advice.
  • In her role at Rebalance, Sonja will put to use her extensive wealth management and financial planning expertise to help Rebalance clients live well today while also realizing their big dreams for tomorrow.
  • Sonja is an accomplished wealth manager and financial planner who personifies the Rebalance360 philosophy, said Scott Puritz, Rebalance Managing Director.