Omni Bridgeway Limited (ASX:OBL) Reports Record FY25 Investment Performance
Financial Performance
Omni Bridgeway Limited (ASX:OBL) reported total proceeds of A$520.6 million FYTD, with A$349.9 million provisionally attributable to OBL. The company achieved performance fees of A$9.7 million and management fees of A$20.7 million FYTD. OBL is on track for record statutory gross profit and cash generation over FY25.
Fund 9 Transaction
OBL successfully completed the Fund 9 transaction with Ares Management, receiving a total of A$320 million. This transaction enabled OBL to fully repay and cancel its corporate debt facility, strengthening the balance sheet with an additional A$70 million in working capital.
Corporate Update
Greg Crowe has joined OBL as Head of Capital Formation, succeeding Guillaume Leger. OBL is also on track to achieve its opex target of A$85 million, with further reductions anticipated for FY26. The company highlighted the attractiveness of its globally diversified portfolio amid current financial market volatility.
Investment Portfolio Update
The investment portfolio remains robust with A$374 million in new fair value from A$369 million in new commitments FYTD. OBL has a strong pipeline with term sheets outstanding for approximately A$198 million in new commitments. The company expects A$0.68 billion of fair value in potential completions over the next 12 months.
Motley Fool contributor Aaron Shaw has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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