Permal Group

Western Asset Corporate Loan Fund Inc. Announces Financial Position as of June 30, 2020

Retrieved on: 
Monday, August 24, 2020
Banking, Professional services, Finance, Finance, Companies, Investment, Legg Mason, Franklin Templeton Investments, Western Asset Management Company, Permal Group

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • Western Asset Corporate Loan Fund Inc., a non-diversified closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Western Asset Variable Rate Strategic Fund Inc. Announces Financial Position as of June 30, 2020

Retrieved on: 
Monday, August 24, 2020
Banking, Professional services, Finance, Finance, Investment, Companies, Legg Mason, Western Asset Management Company, Franklin Templeton Investments, Permal Group, BetaShares

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • Western Asset Variable Rate Strategic Fund Inc., a non-diversified closed-end investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company and Western Asset Management Company Limited, affiliates of the investment manager.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

EnTrust Global Completes Reacquisition of Legg Mason’s Interest

Retrieved on: 
Friday, July 31, 2020
Consulting, Professional services, Finance, Mergers and acquisitions, Finance, Companies, Alternative investment management companies, Entrust, Legg Mason, Hedge fund, Permal Group, Gregg Hymowitz

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

Retrieved on: 
Thursday, June 18, 2020
Banking, Professional services, Finance, Finance, Economy of the United States, Legg Mason, Investment management, Western Asset Management Company, Exchange-traded funds, Alternative investment management companies, Permal Group, Bill Miller

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

Retrieved on: 
Wednesday, March 25, 2020
Banking, Professional services, Finance, Legg Mason, Western Asset Management Company, Economy of the United States, Companies, Finance, BetaShares, Permal Group

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

Retrieved on: 
Wednesday, March 25, 2020
Banking, Professional services, Finance, Legg Mason, Western Asset Management Company, Finance, Exchange-traded funds, Economy of the United States, Investment management, Alternative investment management companies, BetaShares, Permal Group

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

Retrieved on: 
Thursday, March 19, 2020
Banking, Professional services, Finance, Finance, Economy of the United States, Legg Mason, Investment management, Western Asset Management Company, Exchange-traded funds, Alternative investment management companies, Permal Group, Bill Miller

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

Retrieved on: 
Tuesday, December 17, 2019
Banking, Professional services, Finance, Finance, Economy of the United States, Legg Mason, Investment management, Western Asset Management Company, Exchange-traded funds, Alternative investment management companies, Permal Group, Bill Miller

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

Retrieved on: 
Wednesday, September 18, 2019
Banking, Professional services, Finance, Finance, Economy of the United States, Investment funds, Legg Mason, Western Asset Management Company, Exchange-traded funds, Alternative investment management companies, Virtus Investment Partners, Permal Group

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

Retrieved on: 
Monday, September 9, 2019
Finance, Economy, Money, Institutional investors, E-commerce, Entrust, Hedge funds, Permal Group

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.