AK
1.4K posts
New hat styles for this month...
"WE USED TO BE A SOCIETY"
Lighten up, Francis
English
@thisismodernwa @fryspati Failing that you ask for directions to the restaurant/bar and use that one
English
New York City is so scary as someone who needs to pee every 25 minutes
English
Solo hay un traje bien hecho y por el corte seguramente lo haya hecho un sastre de Londres. El nivel de la sastrería americana es lamentable.
Sound Dobad@SoundDobad
He's still wearing that damn coat
Español
Do you think you could retire forever on $2,000,000?
English
@raghavgarg84 @HighyieldHarry These things are nearly impossible to turn around once they start going bad. You have to waive mgmt fees to keep shareholders happy and you will never dig out to earn the performance fee. Running a public bdc is hard.
English
@HighyieldHarry Permanent capital is the holy grail. Exiting a fee stream (although v small) is surprising.
English
You’re telling me Apollo is trying to get out of a private credit fund that’s only 11% software?
Wall Street Rollup@WallStRollup
Apollo is in talks to sell its $3B publicly listed BDC, MidCap Financial Investment Corp for roughly $3 Billion
English
@boston_sense @MayorWu I am not a Wu fan but be honest did she seriously apologize to the shooter , I find that hard to believe
English
What's a weird, small, but secretly very cool city that I can get to on Amtrak
English
@anatelorenzen Metrics on bottom of the wrist will be all wrong. I wore it like that for a week and everything was way out of wack, totally different numbers on everything.
English
My brother figured this out ages ago.
Whoop on an Omega.
Nabu🇺🇦@Nabu_Lib
Un marché à créer : un bracelet "nato" connecté (sans écran le nouveau google fitbit air) qui se met sur une montre classique
English
You know someone worked in banking or private equity before when
> their excel is on page view by default
> every sheet starts on B2
> hardcodes are blue and formulas in black
> references to other tabs in green font
> separate tab just for the assumptions
English
Boston MA
Home for sale a couple blocks from me. 4 beds, 2.5 baths, a family home. 1.7million
A conventional 30 year mortgage gives you an 11,000 monthly payment
Public schools are not great and most opt for private or catholic schools. How is this sustainable
English
@Sub_Debt @MonopoliusRex I find it hard to agree.
14x levered on fake denominator needs to be cut ~75% just to get to a reasonable levg # (3.5-4x) for a lower-mult biz like this. Comps are what, 4-7x?
I don't know how you get even much more than like ~1.2b here. The 100mm newmoney says a LOT imo.
English
Here's the keys to the medalliamobile, good luck!
Clowns.
JV@AyyouEm
Medallia is ~5.4% of $BSXL, marked at 87 down 2 pts from prior qtr. Everyone else still marking it in the 90s. Something something golden age of high quality secured private lending capital solutions
English
@SeinfeldTeacher @MassJumbo Yeah that’s doable, I meant anywhere in NH to Boston proper
English
@Sub_Debt @MassJumbo Guess it depends. I drive from Seacoast NH to North Shore MA. 37 minutes door to door and that stretch of 95 is a breeze. It’s only 180 days as a teacher and I’d never earn $125k as a teacher in NH not to mention the incredible MA pension at 57 with health insurance.
English
Living in NH and working Mass seems incredible dumb to me bc you have the high NH property taxes while still paying MA income taxes
English
@MonopoliusRex @AyyouEm Probably eventually somewhere around there but it’s got $2.8B of debt, $200mm ebitda and needs a new $100mm to fund a turnaround.
English
@AyyouEm You think that senior secured lenders won’t recover 70% of their principal?
English