AltX’s Post

Growth is our key component, both for ourselves and our clients. At Northcap, we strive to stay ahead of the curve, creating opportunities and taking full advantage of them when they present themselves. This is just a small glimpse into Northcap's potential and capabilities. We believe there is an incredible advantage in cornering the market and creating successful investments, one property at a time. #privateequity #debtfunds #lending #realestate #investments #commerciallending #realestatefinance #privateequityfunds #debtequityfund #accreditedinvestors #accreditedinvestor #miamirealestate #westpalmbeachrealestate ##newyorkrealestate

Growth is our key component, both for ourselves and our clients. At Northcap, we strive to stay ahead of the curve, creating opportunities and taking full advantage of them when they present themselves. This is just a small glimpse into Northcap's potential and capabilities. We believe there is an incredible advantage in cornering the market and creating successful investments, one property at a time. #privateequity #debtfunds #lending #realestate #investments #commerciallending #realestatefinance #privateequityfunds #debtequityfund #accreditedinvestors #accreditedinvestor #miamirealestate #westpalmbeachrealestate ##newyorkrealestate

NEW: ALKEGEN is nearing a $2bn debt deal with the help of Oak Hill Advisors, L.P. and Apollo Global Management, Inc.. More details on the new deal now available for subscribers on 9fin. If you want access to this and more on what's happening in the private credit and distressed market, contact subscriptions@9fin.com for more information. The latest with Rachel Butt and Bill Weisbrod: #privatecredit #privatedebt #distresseddebt

Financial Engineering in Real Estate There are numerous types of debt, all of which function similarly; the purpose of debt is to amplify returns to the equity holder (i.e., the property owner) • Debt acts as a mechanism to bifurcate the different risk profiles throughout the capital stack of a real estate transaction ◽Debt is paid first and is inherently less risky than equity ▸Debtholders (i.e, lenders) receive a lower return because their position is safer ◽Equity is paid last and is inherently more risky than debt ▸Equity holders (i.e., owners) receive a higher return because their position is riskier #Realestate #Investment #Debt #IPO #M&A #Equity

Just in: Antares Capital LP leads c.$1.5bn refinancing for Genstar Capital backed OEC Leading a group of private credit lenders, Antares is providing a refi package for the software development firm, which includes a $1.15bn unitranche, a $200m capex facility and a $125m revolver. The proceeds will be used to refinance the existing debt of c.$600m first lien and $365m second lien. Once again, we are seeing firms opting for private credit solutions to take out broadly syndicated debt, which is a reflection of the popularity and competitive edge of the private lenders. While public market conditions may be volatile on the back of economic indicators, central bank speeches, or even credit events in similar sector, private lenders could prove to be more stable in supporting immediate funding needs. Follow to stay updated in private credit and alternative investment. #privatecredit #privateequity #investmentbanking #alternativeinvestment #investing

+++ To wrap up what happened last week in the levfin space, we've had the next best thing for European leveraged finance, as the management and owner of the largest capital structure in the market started a game of chicken over nearly €25bn of debt. We refer, of course, to AlticeFrance (SFR), whose fourth quarter earnings call crashed bonds and loans across the structure, incinerating a ton of value for levfin investors. The long-dated SUNs were worst hit, down more than 30 points, but it’s been a massive sell-off everywhere On the loan side, the market is still open for the cuspier more controversial B3 names, where it takes a little more work (and a little more margin) to get lenders comfortable. The spread-tightening euphoria seen earlier in 2024 has started to ebb away, as a busy primary pipeline and the prospect of a reenergised LBO market has eased the imbalance between supply and demand+++ With levfin editor Owen Sanderson Free to read on 9fin: https://lnkd.in/dJPcdQGB

While this may apply to the equity market, private real estate credit is different. Real estate debt investment platforms like AltX have a built in buffer which is the borrower’s equity or ‘skin in the game’. If you would like to know more about our approach to risk management please contact our team, https://lnkd.in/gcjNex2j Steven Beinart Nick Raphaely David Fitzgibbon Greg Wallace Krishneel Reddy Tony Ferreri Peter Cai Aoife Reilly AltX Group Past performance is not an indicator of future performance. Expected or forecasted returns may not reflect actual performance. #AltX #PrivateCredit #RealEstateDebt #AlternativeInvestments #Investment #Capital #WholesaleInvestment #WholesaleInvestorAustralia #WholesaleInvestorAus #FirstMortgageInvestment #PrivateRealEstateCredit

Final Call to join our Webinar “London Credit Fund: A Unique Investment Opportunity”. Register here: https://lnkd.in/ewJ7cT8k Join our Webinar, where our expert team will walk you through the success of our Fund, including our newly established Investment Compartment B, that can offer you monthly returns of 6%+ in GBP and USD and 5%+ in EUR. Our investors benefit from its steady income payable every quarter, secured against prime UK property and enjoying adequate investment liquidity, since they can disinvest with a six-month notice. Lending and Real Estate; The ingenious combination. #Consulco #ConsulcoInvestments #LondonCreditFund #ConsulcoWebinar #LondonCreditFundUpdates #AlternativeInvestments

IThe Mirae Asset Long Duration Fund is a debt fund with a minimum investment of ₹5000 or ₹99 in SIP and an NAV of ₹10. It aims to generate returns through an actively managed portfolio of debt and money market instruments with a Macaulay duration of over 7 years. The NFO period is from 21st November to 2nd December 2024, with allotment scheduled for 6th December 2024. Download the app from #googleplaystore or #iphoneappstore for more updates or You can also scan the #QRCode given in the image... #NFO #investments #nfoalert #investinnfo #investing #investmentsinstocks #nfoinvesting #mutualfunds

Recently, our Co-Founders and Co-CEOs Nick Raphaely and Steven Beinart chatted to InvestorDaily about our recently re-launched AltX Credit Fund. The fund targets investment returns from 5.85 per cent to 12.80 per cent for wholesale investors. “Each share class within the fund provides investors with diversification and portfolio risk management, enabling exposure to a broader range of underlying loan transactions for a much lower minimum investment threshold,” said Steven. “There are many ways to gain exposure to private real estate credit. The AltX Credit Fund provides the full spectrum of choice to investors, ranging from vanilla, liquid first mortgage exposure through to structured credit opportunities targeting higher yields." Why did we choose alternative investments? “The old notion of it’s a choice between equities and bonds or a combination thereof no longer really holds equally,” says Nick. “We saw at the start of the pandemic in 2020, equities fell by over 35 per cent and bonds only rallied 5 or 6 per cent. So they’re not really doing their job in the way that they used to be doing. Alternatives is really the space which is kind of stepped in as almost as the third pillar to provide investors with a range of choice. Now, obviously, alternatives as an asset class capture a lot." The new AltX Credit Fund structure reflects the continued growth of AltX in the private debt investment space and provides more choice for our investors. To learn more about the AltX Credit Fund, visit https://lnkd.in/d2BwUG6R Past performance is not an indicator of future performance. Expected or forecasted returns may not reflect actual performance. Steven Beinart Nick Raphaely David Fitzgibbon Tony Ferreri Peter Cai Greg Wallace Krishneel Reddy Aoife Reilly #AltX #PrivateCredit #RealEstateDebt #AlternativeInvestments #Investment #Capital #WholesaleInvestment #IndividualDeals #AltXCreditFund #ManagedFunds