Medley Management (MDLY) Misses Q4 EPS by 6c
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March 30, 2015 4:34 PM EDT
Total assets under management increased to $3.7 billion, a 61% increase year over year
Fee earning assets under management increased to $3.1 billion, a 52% increase year over year
Core Net Income Per Share increased to $0.79 for the year ending December 31, 2014, a 76% increase year over year
Core Net Income Per Share was $0.21 for the three months ended December 31, 2014
U.S. GAAP net income attributable to Medley Management Inc. for the three months ended December 31, 2014 was $1.3 million
Declared $0.20 per share dividend for Q1 2015 payable on May 6, 2015
NEW YORK, March 30, 2015 (GLOBE NEWSWIRE) -- Medley Management Inc. (the... More
March 30, 2015 4:10 PM EDT
NEW YORK--(BUSINESS WIRE)--
Sierra Income Corporation (Sierra, or the Company) today announced
that it has formed a joint venture with a premier U.S. provider of
property and casualty insurance ("JV Partner"), creating Sierra Senior
Loan Strategy JV I LLCÂ ("SIC SLS JV"). The joint venture is expected to
invest primarily in middle market and other corporate debt securities, a
natural extension of Sierras leading origination and underwriting
franchise.
Sierra and the JV Partner have committed to provide an aggregate of $100
million of equity to the joint venture, with Sierra providing $87.5
million and the JV Partner providing $12.5 million. In... More
