Real assets

EQS-News: FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Retrieved on: 
Wednesday, March 13, 2024

FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Key Points: 
  • FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024
    The issuer is solely responsible for the content of this announcement.
  • PATRIZIA remained an active net buyer in the market with investments signed for clients more than offsetting disposals and redemptions.
  • The investment activity for domestic and international clients supported the successful geographical and product diversification of PATRIZIA during FY 2023.
  • Additionally, a market driven impairment on consolidated seed investing/ warehousing inventory real estate of EUR 16.9m burdened FY 2023 results.

NEPC Expands Global Footprint with Opening of London, UK Office

Retrieved on: 
Tuesday, February 27, 2024

NEPC, LLC , one of the industry’s largest independent, investment research-driven consulting firms, today announced the official opening of its London office, underscoring the firm’s commitment to providing global strategies and solutions to portfolios.

Key Points: 
  • NEPC, LLC , one of the industry’s largest independent, investment research-driven consulting firms, today announced the official opening of its London office, underscoring the firm’s commitment to providing global strategies and solutions to portfolios.
  • Larissa Davy, Senior Investment Director of Real Assets, will lead NEPC’s regional efforts.
  • “NEPC's expansion into London reflects our unwavering commitment to delivering innovative solutions and exceptional service to our clients,” said Larissa Davy, Senior Investment Director of Real Assets.
  • “Our presence in London enables us to engage directly with investment managers and gain valuable insights into diverse investment perspectives,” McCusker stated.

Crystal Capital Partners Reports Strong Growth and Increased Demand for Alternative Investment Portfolios in 2023

Retrieved on: 
Wednesday, February 28, 2024

MIAMI, Feb. 28, 2024 /PRNewswire/ -- Crystal Capital Partners, a leading turn-key alternative investment platform for financial advisors, today announced its 2023 platform data, revealing another year of robust growth.

Key Points: 
  • MIAMI, Feb. 28, 2024 /PRNewswire/ -- Crystal Capital Partners, a leading turn-key alternative investment platform for financial advisors, today announced its 2023 platform data, revealing another year of robust growth.
  • Increased assets under management, a rise in advisory relationships and continued demand for customized portfolio solutions were the impetus of growth.
  • Crystal also saw a notable uptick in demand for customized portfolios, with 23 bespoke portfolios created in 2023.
  • Steven Brod, Senior Partner, Chief Executive Officer, and Chief Investment Officer of Crystal Capital Partners said: "The growing demand for diversified portfolios underscores a preference for tailored investment solutions rather than just access to individual funds.

KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

Retrieved on: 
Tuesday, February 13, 2024

“We hear the message ‘Loud and Clear’ that this segment of the market is changing – and for the better,” said McVey.

Key Points: 
  • “We hear the message ‘Loud and Clear’ that this segment of the market is changing – and for the better,” said McVey.
  • “These investors are diversifying across asset classes, and as they mature, they are getting better at harnessing the value of the illiquidity premium to compound capital.
  • Family offices are planning to allocate more to Private Credit, Infrastructure and Private Equity at the expense of Public Equities and Cash.
  • U.S. family offices allocated less to traditional Private Equity compared to counterparts in Latin America, Asia and Europe, while Asia-based family offices had relatively heavy allocations to Real Estate.

Westwood Holdings Group, Inc. to Host Fourth Quarter and Fiscal Year 2023 Conference Call/Webcast

Retrieved on: 
Wednesday, January 31, 2024

Westwood Holdings Group, Inc. is an investment management boutique and wealth management firm.

Key Points: 
  • Westwood Holdings Group, Inc. is an investment management boutique and wealth management firm.
  • Westwood offers a broad array of investment solutions to institutional investors, private wealth clients and financial intermediaries.
  • The firm specializes in several distinct investment capabilities including U.S. Value Equity, Multi-Asset, Tactical Absolute Return, Energy & Real Assets and Income Alternatives.
  • Westwood’s strategies are made available through separate accounts, the Westwood Funds® family of mutual funds and other pooled vehicles.

Leading Global Institutions Invest in a Clean Energy Future With Generate Capital

Retrieved on: 
Wednesday, January 31, 2024

Today, Generate Capital (“Generate”), a leading sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors.

Key Points: 
  • Today, Generate Capital (“Generate”), a leading sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors.
  • This new round brings the total capital raised by Generate since its inception in 2014 to over $10 billion.
  • As of September 2023, Generate helped produce over 320GWh of sustainable power and process more than 715Kt in organic waste.
  • “We're at an inflection point in the transition to a clean energy economy,” says Generate Capital CEO and co-founder Scott Jacobs.

Hamilton Lane Expands Infrastructure Platform Globally, Hiring Two Senior Investment Professionals in Germany and Canada

Retrieved on: 
Monday, January 29, 2024

He plays a pivotal role in deepening Hamilton Lane's presence within the European infrastructure landscape and is responsible for all infrastructure equity investments.

Key Points: 
  • He plays a pivotal role in deepening Hamilton Lane's presence within the European infrastructure landscape and is responsible for all infrastructure equity investments.
  • With nearly a decade of private investment and asset management experience, he is focused on sourcing compelling infrastructure investment opportunities within Canada and the United States.
  • I am focused on continuing to build the infrastructure investment business here, leveraging Hamilton Lane's global platform and long-standing reputation as a trusted capital partner."
  • Over the past five years, Hamilton Lane's team of infrastructure investment professionals has expanded to eight offices around the world and nearly tripled its headcount.

Stonepeak Strengthens Presence in South Korea with Senior Leadership Appointment

Retrieved on: 
Sunday, January 21, 2024

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has appointed Sung Eun Ahn as Chairman, Korea, effective February 1, 2024.

Key Points: 
  • Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has appointed Sung Eun Ahn as Chairman, Korea, effective February 1, 2024.
  • Sung Eun joins Stonepeak with significant financial services and leadership experience, having most recently served as Chief Country Officer, Korea at Deutsche Bank AG, a position he held for more than 10 years.
  • Prior to that, for nearly a decade he served as Chief Executive and Head of Investment Banking for Korea at Bank of America Merrill Lynch.
  • “We are thrilled to welcome Sung Eun to the Stonepeak team as we continue to strategically invest in Korea and throughout Asia,” said Hajir Naghdy, Senior Managing Director at Stonepeak.

LBC Credit Partners Supports Growth Financing for Ambient Enterprises

Retrieved on: 
Wednesday, January 10, 2024

RADNOR, Pa., Jan. 10, 2024 /PRNewswire/ -- LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC ("Ambient"), a portfolio company of Intermediate Capital Group ("ICG").

Key Points: 
  • RADNOR, Pa., Jan. 10, 2024 /PRNewswire/ -- LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC ("Ambient"), a portfolio company of Intermediate Capital Group ("ICG").
  • The financing helped support Ambient's refinancing of its existing debt facility, the recent partnership with Johnson Barrow & DMG HVAC, and ongoing organic and inorganic growth initiatives.
  • LBC served as Sole Lead Arranger and Syndication Agent for the senior secured credit facility.
  • Ambient is a collective of heating, ventilation and air conditioning ("HVAC") design and implementation experts.

Cohen & Steers Launches Real Assets Compass™ to Help Financial Advisors Build Better Portfolios with Real Estate

Retrieved on: 
Wednesday, January 10, 2024

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today the launch of the Real Assets Compass™, an interactive tool focused on real estate allocations designed to help financial advisors and institutional investors improve portfolio risk-return profiles.

Key Points: 
  • NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today the launch of the Real Assets Compass™, an interactive tool focused on real estate allocations designed to help financial advisors and institutional investors improve portfolio risk-return profiles.
  • Cohen & Steers believes that many investors are under-allocated to real estate despite the well-documented benefits of the asset class, including its strong performance and potential to enhance risk-adjusted returns.
  • Cohen & Steers' analysis, utilized in the Real Assets Compass™, suggests that adding real estate to an investor's portfolio of stocks and bonds can improve its total return and risk-reward profile.
  • The Compass can help advisors demonstrate the impacts of adding real estate to a portfolio and address client questions about allocating to real estate.