Keep pulling the thread on Todd Boehly.
Eldridge Industries invested $19 million in the film studio A24 in 2012.
The film studio A24 is currently valued at over $4 billion.
CBS has switched from using Nielsen data to using data from Luminate for its analytics.
Security Benefit operates with a leverage ratio of approximately six times assets to equity, compared to historical bank leverage of around 30 times.
The cumulative rate of return for an equally weighted portfolio of U.S. government bonds was less than 9% over the 10-year period from the end of 2014 to the end of 2024.
U.S. investment-grade corporate bonds returned approximately 28% cumulatively over the 10-year period from the end of 2014 to the end of 2024.
The Credit Suisse/UBS high-yield bond index returned approximately 63% cumulatively over the 10-year period from the end of 2014 to the end of 2024.
The Credit Suisse leveraged loan index generated a cumulative rate of return of approximately 66% over the 10-year period from the end of 2014 to the end of 2024.
The JP Morgan Triple B CLO index produced a cumulative return of approximately 90% over the 10-year period from the end of 2014 to the end of 2024.
Security Benefit overpaid for the acquisition of asset management firm Rydex by $200 million.
Security Benefit paid $800 million for Rydex and funded the acquisition by withdrawing $800 million from its insurance company capital with regulatory approval.
Prior to its financial trouble, Security Benefit had purchased $300 million of AAA-rated bonds that were backed by home equity loans.