Archive for March 25th, 2016

James Dondero/Stock Market 201603.25.16

Argentina returns to bond markets on the international level. They intend to raise $12 billion, and the nation will count on a prominent buyer, Highland Capital Management LP.

James Dondero is the co-founder and president of this management firm. At his discretion this firm oversees $19 billion, market credit funds, credit hedge funds and will look to purchase a significant amount of the securities. James Dondero’s firm has been Argentina’s largest holder of $4 billion of notes due in 2033.

As Highland plans to invest in Argentina’s debt to pay creditor settlements. It is the distressed debt that investors have heaped into Argentina in the last few years that could remain buyers of the country’s debt even though it gets out of default.

The Dallas firm plans to hold what they have in original bods but want to buy a partial amount of new issuance. Jim Dondero sates that they are optimistic on the price that Argentina may price the debt, as well as where it’s likely to trade. It is Argentina’s plans for issuance of $11.68 billion of bonds to yield 7.5 to 8 percent during mid-April.

The U.S. District Judge Thomas Griesa will lift the ban that’s prevented Argentina from paying its restructured debt. Highland is in line to be the largest winner. In June of 2014 the fund purchased the 2033 bonds, as they were trading in the 70s. Dondero comments that his firm has earned annualized returns on Argentina bonds is close to 20 percent.

It is Dondero’s desire to continue to invest in opportunities in Argentina beyond the debt and could start an Argentina fund. It is Highland and other holders of the nation’s debt will like to reinvest in Argentina after the debt is paid, this is according to Bank of America Corp. analysts Jane Brauer and Sebastian Rondeau.

The March 3rd report showed that if the new bonds are correctly priced, this action could be another asset for providing upside when in comparison to alternative Argentina assets.

This article recapped http://www.bloomberg.com/news/articles/2016-03-08/argentina-luring-highland-shows-distressed-bond-buyers-to-stay

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How Stephen Murray Built CCMP Capital03.25.16

Stephen Murray

There are people in business who are able to succeed at levels that few people can imagine. Over time, it takes a lot of hard work and risk to build a great company. Stephen Murray was able to build a great company in CCMP Capital. CCMP was able to help millions of people with their finances and investments. This is a great service simply because so few people truly have a solid grasp of how to manage money. Anyone who needed to get a little extra help with their investment portfolio could always go to Stephen Murray CCMP Capital.. This is one of the great things about the company overall. No matter what the market conditions were, they were always there for customers. Although Stephen Murray passed away, he is still remembered for his great work with CCMP Capital.

CCMP Capital Today

For his great work, Stephen Murray will always be remembered as the person that took CCMP Capital to the next level. However, there are a lot of things that the company is doing today to drive value for customers. As an investment and personal finance company, Stephen Murray CCMP Capital wants to be able to make a difference in the lives of customers. There are a lot of ways this is possible today. Not only can they help with various personal finance issues, but CCMP Capital is also there to stand in the gap when things do not go well. Over time, they have been able to build their brand of business even better than when Stephen Murray was at the helm. This is great news for investors or employees of the company.

Investment Planning

There are few people on Wall Street who understand how to make money with investments. Instead of worrying about investing, many people prefer to just spend their money on consumer purchases. Working with CCMP Capital allows many people to see areas of their life they could improve financially. Finding out the right ways to plan your investments is one of the first steps that people should take in the journey to build wealth over the long term. There are many people who now are in a better financial position because of the work of CCMP Capital.

The Legacy

Stephen Murray left a great legacy of success at CCMP Capital. During that time, he was able to build up the company to where it is today in regards to helping customers achieve success. Anyone who wants to do the same in their own life needs to follow his example. He was able to turn a small idea into a large company over time. His life is a great example of the American dream and how it can benefit others.

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