MarsBars I last covered FS KKR Capital (NYSE:FSK) back in early March after the stock had dipped quite sharply. At the time, I asked and answered the question of whether it was worth buying the dip, and my conclusion was yes. Since then, the stock has returned 6.63% to shareholders, slightly outperforming the S&P 500, which delivered 5.48% over that period of time, thereby validating my buy call. In today's article, I am going to revisit the FSK thesis and compare it to the leading BDC sector blue chip, ...

文章核心观点 - SEI Investments公司将整合KKR公司的投资工具到其平台上,以增强用户对私募市场的可及性 [1][2][3] - 这一战略举措旨在满足投资者对替代投资日益增长的需求,并提高交易效率,增强顾问和客户体验 [2][3] - 该公司还通过收购Altigo公司来扩大在替代投资领域的业务,有助于增加市场份额和客户基础 [3] 行业概况 - 根据Cerulli Associates的报告,未来4年替代资产预计将增加1.2万亿美元 [2] - 根据Mercer的报告,85%的财富管理人预计未来1年内将增加对一种或多种替代资产的配置,但55%的管理人面临诸如文书工作和行政任务等操作挑战 [2] 公司动态 - 该公司的电子认购技术提供了更好的替代投资渠道、更高的处理效率和更优化的顾问及客户体验 [2][3] - 该公司强调提升技术能力,以为客户提供更广泛的可及性和更佳的体验 [3] - 该公司的股价年初至今上涨5.1%,低于同行业11%的涨幅,目前评级为持有 [4] 同业动态 - 亨廷顿银行计划在北卡罗来纳州和南卡罗来纳州扩大银行业务,未来5年内新增350多名员工和55家零售网点 [5] - 汇丰银行正在英国财富管理市场大举招聘关系经理,以扩大其财富管理业务规模 [5][6]

文章核心观点 - 投资者对替代性投资的需求持续增加,这为拓宽顾问和财富管理人员获取替代性投资的渠道带来了巨大机遇 [1][2] - SEI的替代性投资平台通过电子认购文件、专有公司文件、托管表格和电子签名功能,帮助确保替代性投资交易处理快速准确 [1] - SEI收购Altigo,这是一个提供替代性投资库存、电子认购和报告功能的基于云的技术平台 [2] 根据目录分别总结 行业趋势 - 未来4年内,替代性资产投资预计将增长1.2万亿美元 [1] - 85%的财富管理人员预计在未来1年内将增加一种或多种替代性资产类别的配置 [1] - 55%的管理人员将行政工作或文书工作等操作性挑战视为采用替代性投资的障碍 [1] 公司情况 - SEI的替代性投资平台已被250多家财富管理公司和165家基金管理人使用,累计处理了超过43亿美元的替代性投资交易 [2] - SEI收购了Altigo,这是一个提供替代性投资库存、电子认购和报告功能的基于云的技术平台 [2] - SEI拥有行业领先的地位,可以建立跨市场的联系,为顾问和财富管理人员提供获取替代性投资的渠道 [2]

文章核心观点 - 公司的优先股和普通股价格在过去几个月内已大幅回升 [1] - 公司的贷款组合主要由浮动利率贷款组成 99% 与Term SOFR挂钩 [13] - 公司的资产组合以多户型住宅和工业资产为主 占60% 相对抗风险 [12] 公司贷款组合概况 - 公司贷款组合总额为69.5亿美元 较上一季度下降 [2] - 公司新增贷款121百万美元 而偿还和出售417百万美元 [2] - 公司持有的房地产资产为3.36亿美元 主要为办公和生命科学物业 [4][6] - 公司的加权平均贷款到价值比为65% 加权平均风险评级为3.1 [10] 财务表现 - 公司分配的季度现金股息为每股0.25美元 年化股息率为8.2% [3] - 公司的可分配收益覆盖股息支付1.6倍 有助于提升流动性和账面价值 [3] - 公司的账面价值每股15.24美元 较上季度增加6美分 [3] 风险管理 - 公司持有的观察名单贷款仅剩1笔 本金1.94亿美元 [6][8] - 公司96%的贷款组合风险评级为3级或更好 加权平均贷款到价值比为65% [9][10] - 利率下降对公司的净利息收入有一定负面影响 但可通过贷款规模恢复来部分抵消 [14]

Buena Vista Images Introduction Investments in a mushroom grower, a massive Tokyo Skyscraper, a private debt deal, and a Japanese multi-billion private equity deal are just four examples of operations the private equity giant KKR & Co. Inc. (KKR) is engaged in — just last month! I found these four examples in a search on Bloomberg that took me less than 30 seconds. I could have listed many more deals, as private equity and credit are booming again, making KKR and some of its peers high-performers on the ...

文章核心观点 - 公司与KKR的合资企业规模进一步扩大,价值接近5亿美元 [1][3] - 公司还有超过10亿美元的资产出售和合资交易在洽谈中,预计大部分将在第三季度完成 [2] - 这些交易所得资金将用于股票回购和现有资本承诺 [2] - 公司的合资企业关系为其提供了当前市场环境下的资金来源,以及长期的增长资本 [3] 公司概况 - 公司是一家房地产投资信托基金(REIT),专注于拥有和运营主要位于大医院周边的医疗门诊楼宇 [4] - 公司通过收购和开发选择性地扩大其投资组合 [4] - 公司是第一家也是最大的专注于医疗门诊楼宇的REIT,其投资组合包括近675处物业,总面积约4000万平方英尺,集中在15个增长市场 [4]

DUBLIN, Ohio, Aug. 21, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the appointment of William Brent Miller as the Company’s Chief Financial Officer (“CFO”), effective as of August 19, 2024, replacing Michael J. Logozzo from his role as Interim Chief Financial Officer. Mr. Miller will assume responsibility for all financial and accounting fu ...

PM Images I love investing for income on one side of my portfolio, and business development corporations (BDC) are similar to REITs as they are designed to distribute at least 90% of their taxable income through dividends or distributions. BDCs are essential to business entities looking for capital as they provide an alternative route for funding to many small and medium-sized businesses that cannot meet their needs through the traditional banking system. I am invested in many BDC's. Some have a stretch ...

Paper Boat Creative/DigitalVision via Getty Images FS KKR Capital (NYSE:FSK) investors have endured significant market volatility over the past two weeks as the stock fell toward lows last seen in early May 2024. I assess that the market was unnerved by the anticipated decline in interest rates, which could affect the forward trajectory of its net investment income per share. In addition, the significant market selloff triggered by the unwinding of the yen carry trade also battered FSK, as investors like ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Transition period from to . Commission File Number 001-34820 KKR & CO. INC. (Exact name of Registrant as specified in its charter) Delaware 88-1203639 (State or other Jurisdiction of Incorpor ...