Oaktree Capital Exclusive: $166m Investment in AZ Next Generation Advisory

Oaktree Capital Management L.P., a global leader in alternative investments, has entered into a strategic partnership with AZ Next Generation Advisory (AZ NGA), marking a significant investment of A$240 million (approximately $166 million). This deal positions Oaktree as the largest shareholder in AZ NGA, a professional advisory firm known for its robust network of financial […]

Apollo Global Management: Purchasing Over 50% of Deutsche Bank SRT Linked to $3 Billion Debt

Apollo Global Management has secured a controlling interest in a significant risk transfer (SRT) deal from Deutsche Bank AG, linked to a portfolio of $3 billion in leveraged finance debt. This acquisition, according to insiders who wished to remain anonymous, represents more than half of the SRT issued under Deutsche Bank’s Loft program. Representatives from […]

PJT Partners Exclusive: UK Average Dealmaker Pay Rises Over £600,000

PJT Partners, a boutique investment bank, has reported a significant rise in the average compensation for its UK dealmakers, now exceeding £600,000 despite a £5.2 million operational loss. This increase in pay coincides with a 63% surge in revenue, reaching £166.1 million last year. The firm, established by former

Lazard Advisory: Macquarie Group to Acquire Stake in D.E. Shaw Renewable Investments

Macquarie Group has announced plans to acquire a minority stake in D.E. Shaw Renewable Investments (DESRI), signaling a significant expansion in its renewable energy portfolio. The agreement involves an investment of up to $1.73 billion, aimed at boosting DESRI’s growth and reinforcing its market-leading position. DESRI is a prominent player

Macquarie Group: SEC Fraud Allegations Settled for $79.8 Million

Macquarie Investment Management Business Trust has agreed to a $79.8 million settlement with the Securities and Exchange Commission (SEC) over allegations of inflating asset values and overstating account performance. The agreement, which was reached without the firm admitting or denying the SEC’s findings, concludes charges that it misrepresented the value of illiquid investments and exaggerated […]