Alaris Royalty ( ($TSE:AD.UN) ) just unveiled an announcement.
Alaris Equity Partners Income Trust reported its financial results for the fourth quarter and full year of 2024, highlighting significant investments and growth in assets under management (AUM). The company invested approximately $249 million in new and existing partners, marking an increase compared to its five-year average. Alaris also completed a strategic recapitalization with Ohana Growth Partners, raising US$120 million from independent investors, which contributed to a total of over $2.2 billion in capital. The Trust saw a 12% increase in Partner Distribution revenue for Q4 2024 and a 19% increase for the year, driven by new investments and the collection of deferred distributions. Additionally, Alaris realized gains of $40.1 million on partner investments and reported a 42% increase in net distributable cash flow, reflecting strong financial performance and strategic growth initiatives.
More about Alaris Royalty
Alaris Equity Partners Income Trust operates in the financial services industry, focusing on providing capital to private businesses through equity partnerships. The company primarily invests in a diverse range of sectors, helping businesses grow by offering flexible financing solutions. Alaris is known for its strategic investments and partnerships, which are aimed at generating stable cash flows and returns for its stakeholders.
YTD Price Performance: -1.41%
Average Trading Volume: 75,649
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$859.5M
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