Lets get straight into the burning issues. With me is kelsey butler, adam tim gunn, and chenal bass lake. A number of big Asset Managers have been getting into an expanding in private markets. What is it doing . Kelsey the firm is definitely growing its footprint into private credit. For one, they have appointed their cfo, Meg Mcclellan into a newly formed role of how to private bets. They are also doing hiring and potentially more acquisitions o grow their assets. Lisa what is the goal here . Why is this happening now . Kelsey it is part of a push from investors. Investors want someone who is specialized in these unique asset classes. Especially when you are talking about alternatives and there are some intricacies along the way. Lisa although, how much is this coming from investor demand, how much from the fact that fees are higher in the alternative space . Kelsey that is definitely a driver as well as these have kind of compressed along the board. Banks are making the smart decisio
Stamos Capital Partners L.P. lessened its holdings in shares of Lennar Co. (NYSE:LEN – Free Report) by 51.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,350 shares of the construction company’s stock after selling 3,520 shares during the […]
Stamos Capital Partners L.P. trimmed its position in Lennar Co. (NYSE:LEN – Free Report) by 51.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,350 shares of the construction company’s stock after selling 3,520 shares during the quarter. Stamos Capital Partners L.P.’s holdings […]
Lennar Co. (NYSE:LEN – Get Free Report) has been assigned a consensus rating of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. The average […]
3Chopt Investment Partners LLC bought a new position in shares of Lennar Co. (NYSE:LEN – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 6,040 shares of the construction company’s stock, valued at approximately $900,000. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the […]