The carrying value of Blackstone’s (BX) opportunistic funds in its real asset division rose 5.4% in 2Q17.
Blackstone’s (BX) private equity funds rose 2.8% in 2Q17, mainly due to strong underlying fundamentals in the company’s private equity portfolio.
Blackstone Group (BX) reported economic net income of $705.0 million in 2Q17, which reflects a substantial rise of 36.0% on a YoY (year-over-year) basis.
Carlyle Group could witness new funds in its Corporate Private Equity division in 2H17 and 2018, which is mainly due to increasing demand.
In November 2016 and February 2017, Carlyle Group paid quarterly dividends of $0.50 per share and $0.16 per share, respectively.
In 1Q17, Carlyle Group’s total realized proceeds stood at $3.5 billion, out of which more than 50.0% was contributed by the Investment Solutions division.
In 1Q17, Carlyle Group’s Real Asset division had raised around $1.0 billion. During the same period, the division witnessed a decline in its distributable earnings.
Carlyle Group (CG) expects its Credit division to contribute 20% to its fundraising target of $100 billion.
On a trailing-12-month basis, Carlyle Group (CG) delivered a return on assets of ~5.1%.
Market analysts expect that Carlyle Group (CG) could post earnings per share of $0.45 in 2Q17, reflecting a significant decline of 58.7% from its 1Q17 EPS.
KKR & Company (KKR) reported revenue of $375.5 million in 1Q17, beating analysts’ consensus estimate of $291.9 million.
KKR & Company (KKR) generated total transaction fees of $243 million in 1Q17, reflecting a significant rise compared to the total transaction fees it generated in 4Q16.
After reporting dividends of $0.64 per share in 2016, KKR & Company (KKR) is expected to report dividends of $0.68 in 2017, reflecting a rise of 6.3%.
In 2Q17 and 3Q17, KKR & Company (KKR) is expected to witness a rise in the fee-paying assets under management (or AUM) in its public market division.
In May 2017, KKR & Company (KKR) and CDPQ completed their acquisition of USI Insurance Services.
Wall Street analysts expect KKR & Company (KKR) to report its 2Q17 earnings on July 27, 2017. Analysts expect KKR to post earnings per share of $0.66 in 2Q17.
Wall Street analysts have given Affiliated Managers Group (AMG) stock a target price of $189.22, a rise of 14.0% from the current price. Analysts have a positive outlook on AMG…
Thanks to Affiliated Managers Group’s (AMG) relationship with major companies, it has a positive outlook due to the increase in investments in new affiliates. Despite global political uncertainty, AMG is still…
In 1Q17, Affiliated Managers Group (AMG) did not see fundraising in private equity, though it did see realizations. According to management, large fundraising in private equity is expected towards the end of…
Affiliated Managers Group (AMG) reported strong results in 1Q17 thanks to its affiliates’ alternative business. The company also witnessed heavy outflow from US equities. AMG’s current PE (price-to-earnings) ratio is…