Permal Group

EnTrust Global Completes Reacquisition of Legg Mason’s Interest

Friday, July 31, 2020 - 10:38pm

EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.

Key Points: 
  • EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.
  • EnTrust has also raised more than $400 million for its Blue Sky strategy, which launched in April for investment in the global aviation industry.
  • EnTrust Global is a leading alternative asset management firm with $18.2 billion in total assets* as of June 30, 2020.
  • EnTrust Global offers a diverse range of alternative investment opportunities across strategies, including private debt and real assets as well as core hedge funds and co-investments.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for June 2020

Thursday, June 18, 2020 - 1:00pm

Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.

Western Asset Municipal Defined Opportunity Trust Inc. Announces Results of Annual Meeting of Shareholders

Wednesday, March 25, 2020 - 12:00pm

Western Asset Municipal Defined Opportunity Trust Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol MTT, announced today the results of the votes cast at the Funds annual meeting of shareholders held March 20, 2020.

Key Points: 
  • Western Asset Municipal Defined Opportunity Trust Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol MTT, announced today the results of the votes cast at the Funds annual meeting of shareholders held March 20, 2020.
  • The Fund is a non-diversified, closed-end management investment company that is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.
  • It is sub-advised by Western Asset Management Company ("WAMCo").
  • Legg Mason, Inc. and its affiliates do not engage in selling shares of the Fund.

Western Asset Municipal Partners Fund Inc. Announces Results of Annual Meeting of Shareholders

Wednesday, March 25, 2020 - 12:00pm

Western Asset Municipal Partners Fund Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol MNP, announced today the results of the votes cast at the Funds annual meeting of shareholders held March 20, 2020.

Key Points: 
  • Western Asset Municipal Partners Fund Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol MNP, announced today the results of the votes cast at the Funds annual meeting of shareholders held March 20, 2020.
  • The Fund is a diversified, closed-end management investment company that is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.
  • For more information, please contact the Fund at 1-888-777-0102 for more information, or visit the Funds web site at www.lmcef.com .
  • Legg Mason, Inc. and its affiliates do not engage in selling shares of the Fund.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for March 2020

Thursday, March 19, 2020 - 12:00pm

Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for December 2019

Tuesday, December 17, 2019 - 1:00pm

Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for September 2019

Wednesday, September 18, 2019 - 11:00pm

Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.

Matt Meissner Joins EnTrust Global

Monday, September 9, 2019 - 9:38pm

NEW YORK, Sept. 9, 2019 /PRNewswire/ -- EnTrust Global, a leading diversified alternative investment firm, today announced that Matt Meissner has joined the firm's private debt and real assets division as a Vice President focused on investment research.

Key Points: 
  • NEW YORK, Sept. 9, 2019 /PRNewswire/ -- EnTrust Global, a leading diversified alternative investment firm, today announced that Matt Meissner has joined the firm's private debt and real assets division as a Vice President focused on investment research.
  • Meissner, with more than 15 years' experience in the aviation industry, joins EnTrust Global from Blue Moon Analytics, a cloud-based analytical platform he founded for aircraft lease pricing and maintenance forecasting.
  • EnTrust Global's private debt and real assets platform focuses on direct financing and leasing in the aviation and maritime sectors.
  • EnTrust Global is a leading diversified alternative investment firm offering an enhanced, global suite of capabilities across asset classes and strategies including opportunistic co-investments, private debt and real assets, multi-asset and multi-strategy portfolios, hedge fund strategies and customized separate accounts.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for June 2019

Monday, June 17, 2019 - 1:30pm

Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.

Western Asset Intermediate Muni Fund Inc. Announces Results of Annual Meeting of Shareholders

Tuesday, April 16, 2019 - 2:00pm

Western Asset Intermediate Muni Fund Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol SBI, announced today the results of the votes cast at the Funds annual meeting of shareholders held April 12, 2019.

Key Points: 
  • Western Asset Intermediate Muni Fund Inc. (the Fund), which is traded on the New York Stock Exchange under the symbol SBI, announced today the results of the votes cast at the Funds annual meeting of shareholders held April 12, 2019.
  • The Fund is a non-diversified, closed-end management investment company that is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.
  • Contact the Fund at 1-888-777-0102 for more information, or visit the Funds web site at www.lmcef.com .
  • Legg Mason, Inc. and its affiliates do not engage in selling shares of the Fund.