Morgan Stanley Investment Management, through its private infrastructure arm Morgan Stanley Infrastructure Partners (MSIP), has entered into an agreement to sell its ownership interest in TigerGenCo Red Oak Holdings, LLC. The asset, known as the Red Oak power facility, is a combined cycle plant …
KeyBank Community Development Lending and Investment (CDLI) has announced USD47 million in construction financing for El Camino Commons, a new affordable multifamily housing project in Oceanside, California. The funding includes a USD32 million tax-exempt construction loan and a USD15 million taxable construction loan.
TPG (NASDAQ: TPG) announced the completion of its acquisition of the remaining 70% stake in DIRECTV from AT&T, making DIRECTV a wholly owned portfolio company under TPG Capital, the firm’s U.S. and European private equity platform.
KKR (NYSE: KKR)has entered into definitive agreements to acquire ProTen Pty Limited, a major agricultural infrastructure business focused on Australia’s poultry supply chain. The acquisition will be made through funds managed by KKR, purchasing the company from Aware Super, one of Australia’s largest superannuation …
Hamilton Lane (Nasdaq: HLNE)has launched the Hamilton Lane Asia Private Assets Fund (HLAPA), a new evergreen investment vehicle targeting private market opportunities across Asia. The semi-liquid fund is designed to give private wealth and institutional investors access to diversified private equity investments in a …
TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX)has completed the acquisition of Ucare Inc., a developer of AI-based health insurance risk management systems, in an all-stock transaction valued at USD150 million. The deal includes the issuance of 101,486,575 Class A ordinary shares, each with a par …
Goldman Sachs on Thursday upgraded shares of Affiliated Managers Group, Inc. (NYSE: AMG) fromNeutraltoBuy, assigning a price target of USD218.00. The new target suggests an approximate 17% upside from AMG’s current trading levels near USD199.52, which sits close to the stock’s 52-week high.
FactSet Research Systems (NYSE: FDS) has continued to draw varied analyst opinions, with BMO Capital Markets the latest to adjust its valuation outlook on the financial data and analytics provider. In a research report released on June 20th, BMO raised its price objective for …
Citizens JMP Securities has upgradedCapital Southwest Corporation (NASDAQ:CSWC)fromMarket PerformtoMarket Outperform, assigning a newprice target of USD25.00. The rating change comes in response to what the research firm described as “one of the best quarterly results” from the business development company (BDC) in the first …
Shares ofEssent Group Ltd. (NYSE: ESNT)have received a"Moderate Buy"consensus rating from the seven brokerages currently tracking the stock, according to a report fromMarketBeat. The outlook reflects two analysts assigning a "Hold" rating and five assigning a "Buy" recommendation.