Real assets

CBRE Global Real Estate Income Fund (NYSE: IGR) Announces Terms of Rights Offering

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星期一, 二月 27, 2023

The Board of Trustees (the “Board”) of the CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) today announced that it has approved the terms of the issuance of transferable rights (“Rights”) to the holders of the Fund’s common shares (par value $0.001 per share) (“Common Shares”), as of the record date, March 9, 2023 (the “Record Date”), to subscribe for additional Common Shares at a discount to market price (the “Offer”).

Key Points: 
  • The Board of Trustees (the “Board”) of the CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) today announced that it has approved the terms of the issuance of transferable rights (“Rights”) to the holders of the Fund’s common shares (par value $0.001 per share) (“Common Shares”), as of the record date, March 9, 2023 (the “Record Date”), to subscribe for additional Common Shares at a discount to market price (the “Offer”).
  • Our team’s analysis of historical market environments suggests that today’s market conditions are favorable for global real estate stock investment,” said Joseph Smith, Chief Investment Officer of CBRE Investment Management Strategies and a Portfolio Manager of the Fund.
  • Holders of Common Shares as of the Record Date will be entitled to participate in the Offer, which will include an over-subscription privilege.
  • Shares issued pursuant to the Offer will be entitled to receive the monthly distribution expected to be payable in April.

Ninepoint Partners Announces First Closing of Ninepoint 2023 Flow-Through Limited Partnership

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星期三, 二月 15, 2023

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2023 Flow-Through Limited Partnership (the “Partnership”) has completed the first closing in connection with its offering of Class A and Class F limited partnership Units (the “Units”) pursuant to a prospectus dated January 30, 2023.

Key Points: 
  • TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2023 Flow-Through Limited Partnership (the “Partnership”) has completed the first closing in connection with its offering of Class A and Class F limited partnership Units (the “Units”) pursuant to a prospectus dated January 30, 2023.
  • The Partnership will have a second closing in respect of the Units on or about March 23, 2023.
  • The Partnership intends to provide liquidity to limited partners through a tax-deferred rollover to the Ninepoint Resource Fund Class in the period between January 15, 2025 and February 28, 2025.
  • Ninepoint anticipates that investors participating in the Partnership will be eligible to receive a tax deduction of approximately 100% of the amount invested.

Quantum Energy Partners Appoints Sharmin Beacco as Chief Compliance Officer

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星期二, 二月 14, 2023

HOUSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Quantum Energy Partners (“Quantum”), a leading provider of capital to the global energy and energy transition industry, today announced that Sharmin Beacco has joined the firm as Chief Compliance Officer.

Key Points: 
  • HOUSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Quantum Energy Partners (“Quantum”), a leading provider of capital to the global energy and energy transition industry, today announced that Sharmin Beacco has joined the firm as Chief Compliance Officer.
  • In this role, Ms. Beacco will be responsible for managing Quantum’s compliance program.
  • Charles Baillie, Co-President and Partner of Quantum Energy Partners, commented, “We are pleased to welcome Sharmin to lead our compliance operations.
  • With nearly three decades of experience in investment management compliance, Sharmin will be a valuable addition to our team as she strengthens our existing compliance functions and processes.

Mesa West Capital Raises $1.37 billion for Fifth Value-Add Real Estate Debt Fund

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星期一, 二月 13, 2023

Mesa West Capital (“Mesa West”), the private U.S. real estate credit arm of Morgan Stanley Investment Management, today announced it has raised ~$1.37 billion for Mesa West Real Estate Income Fund V, L.P. (“Fund V” or the “Fund”), exceeding Mesa West’s original $1.0 billion fundraising target for the Fund.

Key Points: 
  • Mesa West Capital (“Mesa West”), the private U.S. real estate credit arm of Morgan Stanley Investment Management, today announced it has raised ~$1.37 billion for Mesa West Real Estate Income Fund V, L.P. (“Fund V” or the “Fund”), exceeding Mesa West’s original $1.0 billion fundraising target for the Fund.
  • Fund V is the latest and largest in Mesa West’s closed-end value-add series, which was established in 2005, and is the first successor vehicle raised by Mesa West since joining Morgan Stanley Investment Management.
  • Surpassing the $900 million in commitments raised for Mesa West Real Estate Income Fund IV, L.P., Fund V’s investors include a sophisticated group of domestic and international public and private pension funds, insurance companies and individual investors.
  • “The successful Fund V capital raise builds on the strength of our growing Real Assets platform, which currently manages $62 billion in client assets.”

PGIM Private Capital provided record $16.1B in private debt globally in 2022

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星期四, 二月 9, 2023

PGIM Private Capital provided $16.1 billion of senior debt and junior capital to 241 middle-market companies and projects globally in 2022, completing a second consecutive record year of originations for the firm.

Key Points: 
  • PGIM Private Capital provided $16.1 billion of senior debt and junior capital to 241 middle-market companies and projects globally in 2022, completing a second consecutive record year of originations for the firm.
  • PGIM Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM , the $1.2 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).
  • View the full release here: https://www.businesswire.com/news/home/20230209005174/en/
    Allen Weaver, Senior Managing Director at PGIM Private Capital (Photo: Business Wire)
    “Our second consecutive year of record originations demonstrates our certainty of execution amidst a shifting market environment,” said Allen Weaver, senior managing director and head of PGIM Private Capital.
  • Completed fundraising for PGIM Senior Loan Opportunities I, L.P., PGIM Private Capital’s inaugural Direct Lending fund.

Westwood Holdings Group, Inc. to Host Fourth Quarter and Fiscal Year 2022 Conference Call/Webcast

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星期五, 二月 10, 2023

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

Key Points: 
  • Westwood Holdings Group, Inc. is a focused investment management boutique and wealth management firm.
  • Westwood Holdings Group, Inc. is an investment management boutique and wealth management firm.
  • Westwood offers high-conviction equity and outcome-oriented solutions to institutional investors, private wealth clients and financial intermediaries.
  • Strategies are made available through separate accounts, the Westwood Funds® family of mutual funds and other pooled vehicles.

ST Telemedia Global Data Centres Closes Transaction Introducing Macquarie Asset Management as a Significant Minority Shareholder in its European Subsidiary VIRTUS Data Centres

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星期日, 一月 22, 2023

Investment to enable STT GDC, one of Asia’s leading data centre providers, to significantly expand its European operations

Key Points: 
  • Investment to enable STT GDC, one of Asia’s leading data centre providers, to significantly expand its European operations
    SINGAPORE - Media OutReach - 10 January 2023 - ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has closed a significant investment from Macquarie Asset Management in its European subsidiary, VIRTUS Data Centres (VIRTUS).
  • The transaction, via Macquarie European Infrastructure Fund 7, will see Macquarie Asset Management take a 40 percent stake to become a significant minority shareholder in VIRTUS.
  • Macquarie Asset Management's investment is a testament to the strength and scalability of our data centre business.
  • ST Telemedia Global Data Centres is one of the fastest-growing data centre providers, headquartered in Singapore.

CIM Real Assets & Credit Fund Announces Monthly Dividends

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星期三, 十二月 28, 2022

CIM Real Assets & Credit Fund (“CIM RACR” or the “Fund”) announced today that its Board of Directors has declared monthly cash dividends of $ 0.129 per share of Class A Common Shares, $0.126 per share of Class C Common Shares, $0.129 per share of Class I Common Shares and $ 0.128 per share of each Class L Common Shares for each of January, February and March 2023, representing an annual dividend rate of 6% of NAV (as of December 20, 2022) per share.

Key Points: 
  • CIM Real Assets & Credit Fund (“CIM RACR” or the “Fund”) announced today that its Board of Directors has declared monthly cash dividends of $ 0.129 per share of Class A Common Shares, $0.126 per share of Class C Common Shares, $0.129 per share of Class I Common Shares and $ 0.128 per share of each Class L Common Shares for each of January, February and March 2023, representing an annual dividend rate of 6% of NAV (as of December 20, 2022) per share.
  • The dividend will be payable as follows: February 3, 2023 to shareholders of record at the close of business on February 1, 2023; March 3, 2023 to shareholders of record at the close of business on March 1, 2023; and April 5, 2023 to shareholders of record at the close of business on April 3, 2023.

iQIYI Announces Closing of Private Placement of Convertible Notes to PAG

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星期二, 一月 3, 2023

With the closing of this investment, iQIYI will continue to enhance and expand its business operations, develop its original content, and improve its working capital.

Key Points: 
  • With the closing of this investment, iQIYI will continue to enhance and expand its business operations, develop its original content, and improve its working capital.
  • The Notes bear an interest rate of 6% per annum and will mature on the fifth anniversary of the issuance date.
  • "PAG sees value where value is," said Mr. Yu Gong, Founder, Director and Chief Executive Officer of iQIYI.
  • PAG is an alternative investment firm focused on the Asia Pacific region with three core strategies: Credit & Markets, Private Equity, and Real Assets.

KKR Releases 2023 Global Macro Outlook

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星期一, 十二月 19, 2022

KKR, a leading global investment firm, today released its 2023 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

Key Points: 
  • KKR, a leading global investment firm, today released its 2023 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
  • Henry H. McVey joined KKR in 2011 and is Head of the Global Macro, Balance Sheet and Risk team.
  • Prior to joining KKR, Mr. McVey was a Managing Director, Lead Portfolio Manager and Head of Global Macro and Asset Allocation at Morgan Stanley Investment Management (MSIM).
  • KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions.