Ares Management Corporation Announces Agreement to Acquire Landmark Partners
Ares Management Corporation announced its definitive agreement to acquire Landmark Partners for $1.08 billion, comprising cash and Ares Operating Group Units. This acquisition will expand Ares' product offerings into private market secondaries, a segment experiencing double-digit growth, and is expected to be immediately financially accretive to Ares' core earnings metrics. The transaction, which will create a joint platform with over 1,600 institutional investors and five distinct investment verticals, is anticipated to close in the second quarter of 2021.
Acadian Asset Management (NYSE:AAMI) - Stock Analysis
This article provides a comprehensive stock analysis of Acadian Asset Management Inc. (NYSE:AAMI), covering its valuation, future growth, past performance, financial health, and dividend information. It highlights key financial metrics, recent news and updates including dividend announcements and price target changes, and compares its performance against industry and market benchmarks. The analysis also includes competitor information and historical stock price data.
Will Acadian Asset Management's (AAMI) Dividend and Downgrade Shift Its Capital Allocation Strategy?
Acadian Asset Management Inc. reported third-quarter net income of US$15.1 million and announced a quarterly dividend, shortly before Weiss Ratings downgraded its outlook from buy to hold. This article explores how these Q3 results and the downgrade might influence Acadian's capital allocation strategy, emphasizing the firm's revenue growth, shareholder rewards, and the ongoing concern of debt exposure.
BrightSphere Investment Group Hits New 52-Week High of $54.99
BrightSphere Investment Group, Inc. reached a new 52-week high of USD 54.99 on October 30, 2025, driven by strong capital market performance. The company has showcased significant growth over the past year with a 119.23% increase, outperforming the S&P 500, and boasts an impressive return on equity of 979.27%. This milestone highlights its solid market position, favorable valuation with a P/E ratio of 12.00, and a substantial recovery from its previous 52-week low of USD 22.60.
BSIG Stock Price, News & Analysis
Brightsphere Investment Group (BSIG) is transitioning from a multi-boutique asset management firm to a single-subsidiary model focused on Acadian Asset Management. This change includes rebranding to Acadian Asset Management Inc. and altering its NYSE ticker symbol from BSIG to AAMI, effective around January 2, 2025. The company serves institutional investors globally with quantitative, systematic, and solutions-based investment strategies.
BrightSphere Appoints Kelly Young as President and Chief Executive Officer, Announces Rebranding as Acadian Asset Management Inc.
BrightSphere Investment Group Inc. (NYSE: BSIG) announced Kelly Young as its new President and CEO, effective January 1, 2025. The company will also rebrand as Acadian Asset Management Inc., changing its NYSE ticker to AAMI. This transition follows the divestiture of six affiliates, streamlining the company to focus solely on Acadian.
BrightSphere Investment Group Inc. (BSIG) Hit a 52 Week High, Can the Run Continue?
BrightSphere Investment Group (BSIG) recently hit a 52-week high, driven by strong earnings surprises and positive analyst sentiment. The stock has outperformed its sector and industry year-to-date, with expectations for continued earnings and revenue growth in the coming fiscal years. Valuation metrics and a "Strong Buy" Zacks Rank suggest potential for further upside, aligning with another highly-rated industry peer, Federated Hermes, Inc. (FHI).
BrightSphere Reports Financial and Operating Results for the Third Quarter Ended September 30, 2024
BrightSphere Investment Group Inc. announced its financial and operating results for the third quarter ended September 30, 2024. The company has made its earnings presentation available online and will hold a conference call and webcast to discuss the results. BrightSphere, through its subsidiary Acadian Asset Management, manages approximately $120 billion in assets.
BrightSphere Rebrands As Acadian Asset Management, Names Kelly Young CEO To Replace Suren Rana
BrightSphere Investment Group Inc. (BSIG) is rebranding to Acadian Asset Management, shifting from a multi-boutique structure after divesting six of its seven affiliates. As part of this transition, Kelly Young will replace Suren Rana as CEO of Acadian Asset Management Inc., effective January 1, 2025. The company's NYSE trading symbol will change to AAMI around January 2, 2025, and the divestitures have enabled $1.3 billion in capital returns to shareholders and reduced debt.
BrightSphere Investment Group Inc. (NYSE:BSIG) Q1 2024 Earnings Call Transcript
BrightSphere Investment Group Inc. (NYSE:BSIG) reported a 57% increase in ENI per share for Q1 2024 compared to the previous year, driven by higher AUM from market appreciation and share buybacks. The company's AUM reached $110 billion, and its growth initiatives, including the Equity Alternatives Platform and Systematic Credit platform, are progressing well. BrightSphere plans to continue share buybacks and seed new products in its systematic credit platform while managing ongoing outflows from managed volatility strategies.
BrightSphere Reports Financial and Operating Results
BrightSphere Investment Group Inc. (NYSE: BSIG) announced its financial results for the first quarter ended March 31, 2024. The company will host a conference call and webcast to discuss these results. BrightSphere is a global asset management holding company with its subsidiary, Acadian Asset Management, overseeing approximately $110 billion in assets under management.
BrightSphere set for 2025 rebrand and leadership change
BrightSphere Investment Group Inc. is rebranding to Acadian Asset Management Inc., effective January 1, 2025, marking a transition from a multi-boutique structure to a singularly focused asset manager. Kelly Young, CEO of Acadian, will become the President and CEO of the new entity, succeeding Suren Rana, and the company's ticker symbol will change from BSIG to AAMI. This strategic move follows significant capital returns to shareholders and aims to leverage Acadian's strong performance and data-driven investment strategies.
BrightSphere to Report Financial and Operating Results for the Fourth Quarter Ended December 31, 2023
BrightSphere Investment Group Inc. (NYSE: BSIG) announced that it will release its financial results for the fourth quarter ended December 31, 2023, on Thursday, February 1, 2024. The company will issue a press release and slide presentation at 7:30 a.m. ET, followed by a conference call and webcast at 11:00 a.m. ET to discuss the results. Interested participants can find dial-in information and webcast details on BrightSphere's investor relations website.
BrightSphere Investment Group Inc. (NYSE:BSIG) Q4 2022 Earnings Call Transcript
BrightSphere Investment Group Inc. (NYSE: BSIG) announced its Q4 2022 earnings, reporting its highest ever quarterly ENI per share of $0.67, a 26.4% increase from Q4 2021. The company achieved positive net client cash flow for the second consecutive quarter, totaling $1.3 billion in net inflows, with strong investment performance across various strategies. BrightSphere plans to continue investing in core capabilities, expanding into new areas, and using free cash flow for organic growth and share repurchases to maximize shareholder value.
BrightSphere to Report Financial and Operating Results for the Third Quarter Ended September 30, 2022
BrightSphere Investment Group Inc. (NYSE: BSIG) announced it will release its financial and operating results for Q3 2022 on Thursday, November 3, 2022. The company will issue a press release and slide presentation at 7:30 a.m. ET, followed by a conference call and webcast at 11:00 a.m. ET to discuss the results. BrightSphere, through its subsidiary Acadian Asset Management, manages approximately $91 billion in assets and provides quantitative and solutions-based strategies to institutional investors.
Asset Manager M&A Is Ramping up; Invesco, State Street Reportedly in Talks
The asset management industry is experiencing a surge in M&A activity, with Invesco reportedly in talks to merge with State Street Global Advisors. This consolidation is driven by fee pressure and the need for scale, leading to a landscape where several firms are identified as potential targets or buyers. The article details recent acquisitions and highlights which companies might be next in this trend.
PGIM appoints Linda Gibson as new CEO of QMA
PGIM has appointed Linda Gibson as the new CEO of QMA, its quantitative equity and multi-asset solutions specialist, effective Oct. 15. The appointment coincides with QMA's rebrand to PGIM Quantitative Solutions and the launch of a new Defined Contribution unit, PGIM DC Solutions, to offer innovative retirement solutions. Gibson joined QMA in 2019 as chief business officer and will lead the firm into its next phase of development.
Multiaffiliate boutique firms under pressure
William ‘Bing’ Waldert Jr. noted tension arose from affiliates desiring independence within multi-affiliate boutique firms. The article also touches on other financial news including delays in SEC work on private credit, a university foundation CIO's portfolio overhaul, Carlyle's AUM, and CalPERS' vote against Elon Musk's pay package.
BrightSphere Investment Group Inc. Announces Agreement to Sell Campbell Global, LLC
BrightSphere Investment Group Inc. announced an agreement to sell its 75% ownership in Campbell Global, LLC to J.P. Morgan Asset Management, with J.P. Morgan also acquiring the remaining 25% from Campbell management. This transaction will transform BrightSphere into a single, full-scale differentiated business focused solely on Acadian Asset Management, a market leader in the quantitative sector. The sale is expected to close in the third quarter of 2021 and will result in BrightSphere having approximately $1.3 billion in pro forma cash.
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BrightSphere Investment Group Inc. announced an agreement to sell its 60% ownership interest in Landmark Partners LLC to Ares Management Corporation for $690 million, with total after-tax proceeds to BrightSphere expected to be approximately $630 million. Ares will acquire 100% of Landmark Partners, including the 40% held by Landmark's management team and BrightSphere's co-investments in Landmark funds. The transaction is anticipated to close in the second quarter of 2021, strategically unlocking significant value for BrightSphere's shareholders.
Ares Pays $1.1 Billion for BrightSphere’s Landmark Partners Unit
Ares Management Corp. is acquiring Landmark Partners from BrightSphere Investment Group Inc. for $1.1 billion, a move that will boost Ares' assets under management by 9.4% to $215.7 billion. BrightSphere will receive $724 million for its 60% stake, while Ares will pay $390 million for the remaining ownership held by Landmark's management team. This acquisition aims to expand Ares' investment offerings in the secondaries market, with the deal expected to close by June 30.
Ares Management Corporation Announces Agreement to Acquire Landmark Partners
Ares Management Corporation has announced its agreement to acquire Landmark Partners for $1.08 billion, a move expected to significantly expand Ares' offerings in the rapidly growing secondaries market. Landmark, a pioneer in private market secondaries with $18.7 billion in AUM, will become a new investment group within Ares, enhancing its investment capabilities and client base. This acquisition is anticipated to be immediately accretive to Ares' core earnings metrics and drive future growth.
BrightSphere Investment Group to sell Landmark Partners
BrightSphere Investment Group (NYSE: BSIG) announced a definitive agreement to sell its 60% ownership interest in Landmark Partners LLC to Ares Management Corporation (NYSE: ARES) for $690 million. Ares will acquire the remaining 40% from Landmark's management team for $390 million, bringing the total transaction value to approximately $1.1 billion. BrightSphere expects total after-tax proceeds of around $630 million from the sale, which is anticipated to close in the second quarter of 2021.
Stock Alert: BrightSphere Shares Up 8%
BrightSphere Investment Group Inc. (BSIG) shares rose by 8.51% on Monday morning, reaching a 52-week high of $13.18. The surge followed the announcement that BrightSphere's Barrow Hanley, Mewhinney & Strauss, LLC entered an agreement to be acquired by Perpetual Ltd., an Australian financial firm. BSIG was trading at $13.00, up $1.02.
Prominent Value Investment Manager Barrow Hanley Agrees to Partner with Australian Financial Firm Perpetual Limited
Barrow Hanley, a prominent value investment manager, announced an agreement to be acquired by Australian financial firm Perpetual Limited. This acquisition will expand Barrow Hanley's global reach and is consistent with Perpetual's strategy to build world-class investment expertise, while Barrow Hanley will retain its brand autonomy and independent operation. The partnership is expected to bolster Perpetual's growth plans and allow Barrow Hanley to offer its strategies to Australian, Asian, and Pan-Pacific investors.
John Paulson buying stake in asset manager from HNA
John Paulson's hedge fund, Paulson & Co., is acquiring a significant stake in BrightSphere Investment Group PLC from Chinese conglomerate HNA Group Co. Once the deal is finalized, Paulson & Co. is expected to own just under 25% of BrightSphere's ordinary shares. This investment was reportedly attractive due to BrightSphere's boutique affiliates.
Paulson Agrees to Buy Stake in Asset Manager From HNA
John Paulson's hedge fund, Paulson & Co., has agreed to acquire a significant stake in BrightSphere Investment Group PLC, a $238 billion asset manager, from Chinese conglomerate HNA Group Co. This deal will result in Paulson & Co. owning approximately 25% of BrightSphere's ordinary shares. The move comes as BrightSphere's boutique affiliates were noted as an attractive investment.
