Vintage

KBRA Releases Research – Navigating European CLO Tail Risk: Mind the Amortisation Gap

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Insurance, Finance, CLO, Vintage, Risk, KBRA, Documentation, Lisp (programming language), Bookkeeping

In this report, we explore the amortisation profiles of European CLOs.

Key Points: 
  • In this report, we explore the amortisation profiles of European CLOs.
  • Market amortisation rates at the end of a reinvestment period vary greatly across managers.
  • As of the sixth period after ending reinvestment, senior tranche amortisation can range from 0% to 53% by manager.
  • Such restrictions will be put to the test given the volume of transactions that have entered or will enter amortisation periods.

Kennedy Wilson Reports Q4 and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Finance, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Pacific Northwest, Investment, Share repurchase, Sale, NOI, KWE, Growth, GAAP, Vintage, Webcast, Public expenditure, Tax, Security (finance), Credit, Insurance, Bank

Cash and Line of Credit Availability: As of December 31, 2023, Kennedy Wilson had cash and cash equivalents of $314 million(1) and $150 million drawn on its $500 million revolving credit facility.

Key Points: 
  • Cash and Line of Credit Availability: As of December 31, 2023, Kennedy Wilson had cash and cash equivalents of $314 million(1) and $150 million drawn on its $500 million revolving credit facility.
  • Foreign Currency Hedging Strategy: Kennedy Wilson hedges its exposure to foreign currency fluctuations by borrowing in the currency in which it invests and using foreign currency hedging instruments.
  • 2023 Dividend Taxability: The Company's 2023 dividend distributions were characterized as 100.00% non-taxable return of capital.
  • Kennedy Wilson will hold a live conference call and webcast to discuss results at 9:00 a.m. PT/ 12:00 p.m.

T. Edward Prestige Brands Division Proudly Announces the Acquisition of Churchill's Port

Retrieved on: 
Tuesday, November 21, 2023
Port wine, Acquisition, Ageing, Tannin, LBV, Collection, Wood, Symington Family Estates, Pedigree, Eucalyptus, Spirit, Churchill's Port, Vintage, Financial services, Wine, Port

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Founded by Johnny Graham in 1981, Churchill's Port stands as a testament to the rich legacy of the Graham family, offering some of the finest ports in the world. Notably, it remains one of the most significant boutique houses outside of the umbrella of giants like Symington Family Estates and Taylor Fladgate.

Key Points: 
  • In a significant move to bolster its portfolio of world-class fine wine producers, T. Edward Prestige Brands Division is thrilled to announce the acquisition of the renowned Churchill's Port.
  • This dedication to vintage treatment, coupled with a longer-than-normal fermentation time, results in Churchill's uniquely dry style of port.
  • This is a concentrated but fresh Vintage Port with an intrinsic quality to age beautifully in bottle for several decades.
  • For more information, tasting notes, and bottle shots, please reach out to our Prestige Brands Division.

Kennedy Wilson Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Finance, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Insurance, Sale, United Kingdom, Oxbow, Tax, Public expenditure, Pacific Northwest, PacWest Bancorp, Station, Grange, Vintage, Webcast, KWE, Credit, Commercial property, Bank, Financial services, Security (finance)

Cash and Line of Credit Availability: As of September 30, 2023, Kennedy Wilson had a total of $331 million(1) in cash and cash equivalents and $146 million drawn on its $500 million revolving credit facility.

Key Points: 
  • Cash and Line of Credit Availability: As of September 30, 2023, Kennedy Wilson had a total of $331 million(1) in cash and cash equivalents and $146 million drawn on its $500 million revolving credit facility.
  • Debt Profile: Kennedy Wilson's share of debt had a weighted average effective interest rate of 4.3% per annum and a weighted average maturity of 5.4 years as of September 30, 2023.
  • Foreign Currency Hedging Strategy: Kennedy Wilson hedges its exposure to foreign currency fluctuations by borrowing in the currency in which it invests and using foreign currency hedging instruments.
  • Kennedy Wilson will hold a live conference call and webcast to discuss results at 9:00 a.m. PT/ 12:00 p.m.

Introducing Vintage Capital: Democratizing Access to Elite Private Market Investments

Retrieved on: 
Saturday, September 30, 2023
Apollo, Investment, Access, Capital, Security (finance), Public utility, Financial adviser, Financial services, Vintage

ORANGE COUNTY, Calif., Sept. 30, 2023 /PRNewswire-PRWeb/ -- Vintage Capital, a groundbreaking private market investment platform, is proud to announce its launch, bringing elite investment opportunities to a wider audience. Historically reserved for the ultra-wealthy, world-class investment firms are now within reach, thanks to Vintage Capital.

Key Points: 
  • Vintage Capital is Democratizing Access to Elite Private Market Investments.
  • ORANGE COUNTY, Calif., Sept. 30, 2023 /PRNewswire-PRWeb/ -- Vintage Capital, a groundbreaking private market investment platform, is proud to announce its launch, bringing elite investment opportunities to a wider audience.
  • With a keen focus on investing in private assets alongside top-tier sponsors, Vintage Capital is reshaping the investment landscape.
  • In light of recent pricing corrections, Vintage Capital believes the current market conditions are exceptionally favorable for private market investments.

MPG Motorcars Revolutionizes Classic Car Market with State-of-the-Art Electric Vehicle Conversion Services

Retrieved on: 
Tuesday, August 29, 2023
Well, Air conditioning, Global Electric Motorcars, Carbon, Vintage, Partnership, EV, AutoCAD, Life, History, MPG, Toy, Entertainment, Transport

STUART, Fla., Aug. 29, 2023 /PRNewswire-PRWeb/ -- MPG Motorcars, in partnership with Vintage EV, is setting a new standard in the automotive industry with its pioneering electric vehicle (EV) conversion services for classic cars and trucks. As both classic car collectors and enthusiasts, MPG Motorcars brings a unique perspective to the restoration and modernization of vintage vehicles.

Key Points: 
  • We're thrilled to announce the launch of their innovative electric vehicle conversion services for classic cars and trucks.
  • "We believe that every classic car has a story to tell, and with our electric conversion services, those stories can continue for generations to come," says Giovanni Di Stadio, President, and co-founder at MPG Motorcars.
  • With MPG Motorcars' unique EV conversion services, classic car enthusiasts can now enjoy the best of both worlds – the charm of vintage vehicles and the performance and efficiency of modern electric technology.
  • For more information about MPG Motorcars or Vintage EV and their electric vehicle conversion services, visit www.mpgmotorcars.com & https://www.vintageev.co/

FUTUREGRAIL'S INAUGURAL ONLINE AUCTION OF COLLECTIBLE TIMEPIECES IN SINGAPORE

Retrieved on: 
Tuesday, August 1, 2023
Chrome, Patek, Clock, Vintage, Samsung Galaxy Watch series, Collection, MB, Ferrari, Platinum, Audemars Piguet, Sale, Rolex, Running, Gold, Cartier, Patek Philippe, Auction, Sales, Clockmaker, Copper, Urwerk, The Norton Anthology of English Literature

SINGAPORE, Aug. 1, 2023 /PRNewswire/ -- Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and running until 21stSeptember 2023.

Key Points: 
  • SINGAPORE, Aug. 1, 2023 /PRNewswire/ -- Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and running until 21stSeptember 2023.
  • The FutureGrail auction offers one of the lowest premiums available for high-end and collectible timepieces, ensuring an unparalleled opportunity for both buyers and sellers.
  • The auction lots will be held at FutureGrail's Singapore headquarters which includes a tax-free storage facility and vaults.
  • The preview will run from 1st September until the end of the auction on 21st September, 2023.

FUTUREGRAIL'S INAUGURAL ONLINE AUCTION OF COLLECTIBLE TIMEPIECES IN SINGAPORE

Retrieved on: 
Tuesday, August 1, 2023
Chrome, Patek, Clock, Vintage, Samsung Galaxy Watch series, Collection, MB, Ferrari, Platinum, Audemars Piguet, Sale, Rolex, Running, Gold, Cartier, Patek Philippe, Auction, Sales, Clockmaker, Copper, Urwerk, The Norton Anthology of English Literature

SINGAPORE, Aug. 1, 2023 /PRNewswire/ -- Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and running until 21stSeptember 2023.

Key Points: 
  • SINGAPORE, Aug. 1, 2023 /PRNewswire/ -- Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and running until 21stSeptember 2023.
  • The FutureGrail auction offers one of the lowest premiums available for high-end and collectible timepieces, ensuring an unparalleled opportunity for both buyers and sellers.
  • The auction lots will be held at FutureGrail's Singapore headquarters which includes a tax-free storage facility and vaults.
  • The preview will run from 1st September until the end of the auction on 21st September, 2023.

Vintage Investment Partners Appoints Eldad Gabay, Former Director of Data at Rapyd, as its Senior Vice President, Data & Analytics

Retrieved on: 
Wednesday, July 19, 2023
Data management, Vintage, Senior, Journal of Accounting and Economics, Ruppin Academic Center, General partnership, LivePerson, Economics, Data, Growth, Data Analytics Library, Eldad, Accounting

HERZLIYA, Israel, July 19, 2023 /PRNewswire/ -- Vintage Investment Partners, a leading global technology investment firm managing over $3.6B in assets, is pleased to announce the appointment of Eldad Gabay as Senior Vice President, Data & Analytics at the firm.

Key Points: 
  • HERZLIYA, Israel, July 19, 2023 /PRNewswire/ -- Vintage Investment Partners, a leading global technology investment firm managing over $3.6B in assets, is pleased to announce the appointment of Eldad Gabay as Senior Vice President, Data & Analytics at the firm.
  • Prior to joining Vintage Investment Partners, Eldad served as the Director of Data at Rapyd, where he played a key role in establishing and developing the entire data function from the ground up.
  • His visionary leadership, data management, and analytics expertise enabled Rapyd to leverage data as a strategic asset, fueling business growth and operational excellence.
  • "I'm absolutely thrilled to be joining Vintage Investment Partners as the new SVP Data & Analytics.

Hotel Jerome, Auberge Resorts Collection Unveils Pabú: A Culinary Voyage by Chef Coco Montes

Retrieved on: 
Monday, July 17, 2023
Taste, Vintage, Collection, Partnership, Hotel Jerome, Life, Shell Bay, Michelin, Season, Roaring Fork Valley, Prospect, Jerome, System, ASPEN, Wine, Hotel, Tourism, Restaurant

ASPEN, Colo., July 17th, 2023 /PRNewswire-PRWeb/ -- Hotel Jerome, Auberge Resorts Collection announced today the exclusive preview of PABÚ helmed by the esteemed Chef Coco Montes at Prospect, one of the resort's dining destinations. Available from July 20-22, and in partnership with The Residences at Shell Bay, Auberge Resorts Collection, guests will be amongst the first to experience a taste of the master chef's new concept.

Key Points: 
  • Hotel Jerome, Auberge Resorts Collection Unveils Pabú: A Culinary Voyage by Chef Coco Montes
    ASPEN, Colo., July 17th, 2023 /PRNewswire-PRWeb/ -- Hotel Jerome, Auberge Resorts Collection announced today the exclusive preview of PABÚ helmed by the esteemed Chef Coco Montes at Prospect , one of the resort's dining destinations.
  • Through his unparalleled artistry, Chef Coco will take guests on a gastronomic journey through an exquisite menu, immersed in a symphony of tastes and textures.
  • "We're thrilled to see PABÚ come to life at Hotel Jerome," says Patrick Davila, general manager of Hotel Jerome, Auberge Resorts Collection.
  • Seatings for PABÚ: A Culinary Voyage by Chef Coco Montes are available July 20-22 from 5:30pm to 9:30pm.