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Stock impact report

Great Elm Group signals accelerated REIT platform growth with $150M Kennedy Lewis partnership and 9% AUM gain [Seeking Alpha]

Great Elm Group, Inc. (GEG) 
Company Research Source: Seeking Alpha
CEO Jason Reese highlighted that "Great Elm made significant progress across our strategic initiatives in the fiscal first quarter, building on the momentum from our record year in fiscal '25." He emphasized the Quick Insights The partnership provides significant capital and institutional expertise, positioning Great Elm as a catalyst for scaling its real estate platform and supporting future growth. Unrealized losses on CoreWeave and GECC holdings, along with First Brands' bankruptcy, drove the net loss despite higher revenue and AUM. Management states most fixed costs are now in place, focusing on growing AUM in credit and real estate platforms to achieve operating leverage and improved profitability. More Trending News Show less Read more
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