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NewStar Stockholders Approve Acquisition by First Eagle
BOSTON, Dec. 21, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (NASDAQ:NEWS) (“NewStar”) announced today that its stockholders have approved the acquisition of NewStar by First Eagle Investment Management and NewStar’s related sale of a portf...
NewStar Announces Completion of “Go Shop” Process
Boston, MA, Nov. 20, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (NASDAQ: NEWS) (“NewStar” or the “Company”) announced the expiration of the 30 day “go shop” period included in the previously announced merger agreement between First Eagle I...
NewStar Reports Net Income of $4.6 Million, or $0.11 per Diluted Share, for the Third Quarter of 2017 and Declares $0.02 Quarterly Dividend per Share
Investment Activity – New funded, middle-market credit investments totaled $317 million in the third quarter, down from $460 million last quarter and up from $193 million in the same quarter last year. Managed Assets – Managed loans and credit inv...
NEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE THIRD QUARTER OF 2017
Boston, MA, Oct. 23, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the third quarter of 2017 on Wednesday, November 1, 2017 before the markets open.  NewStar ...
NewStar Reports Net Income of $4.2 Million, or $0.10 per Diluted Share, for the Second Quarter of 2017 and Declares $0.02 Quarterly Dividend per Share
Acquisition – Completed previously announced acquisition of Fifth Street CLO Management LLC on July 20, 2017, adding approximately $726 million of AUM. Investment Activity – New funded, middle-market credit investments totaled $460 million in the ...
NewStar Schedules Release of Results for the Second Quarter of 2017
Boston, July 19, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the second quarter of 2017 on Wednesday, August 2, 2017 before the markets open. NewStar will...
NewStar to Add $726 Million of Managed Assets through Acquisition of Investment Manager
NewStar has agreed to acquire Fifth Street’s middle market CLO management business Signed definitive agreement to acquire Fifth Street CLO Management LLC (“FSCM”), including contracts to manage two middle market CLOs and certain retained interest...
Fifth Street Asset Management Inc. Announces Sale of Middle Market CLO Business to NewStar Financial, Inc.
GREENWICH, CT, July 07, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM” or “Fifth Street”) today announced that it has agreed to sell Fifth Street CLO Management LLC (“FSCM”), a wholly-owned subsidiary of Fifth ...
NewStar Reports Net Income of $1.4 Million, or $0.03 per Diluted Share, for the First Quarter of 2017 and Declares $0.02 Quarterly Dividend per Share
Investment Activity – New funded direct credit investments totaled $330 million in the first quarter, down from $628 million last quarter, but up 10% from $300 million in the same quarter last year. Managed Assets – Managed loans and credit inves...
NEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE FIRST QUARTER OF 2017
Boston, April 19, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the first quarter of 2017 on Wednesday, May 3, 2017 before the markets open. NewStar will als...