Managers of Wealth Americas

Generali Investments to acquire majority stake in MGG Investment Group

MGG will continue to be led by CEO & CIO Kevin Griffin with no changes to MGG’s investment strategy or processes.

Goldman's Petershill unit sells majority stake in General Catalyst for $789m

The sale represents a substantial premium over Petershill's net asset value, according to the firm.

Bank of America (BAC) Awards $1 Billion in Stock to Retain Employees

The bank recently announced its 2024 fourth-quarter and full-year results

AAM Insurance Investment Management and Affinius Capital Partner to Offer Commercial Real Estate Lending Strategies to Insurance Clients

This new partnership will provide AAM's insurance company clients with Commercial Real Estate Strategies.

Colbeck Capital Raises $700 Million for Latest Vintage Strategic Lending Fund

Colbeck Strategic Lending III Significantly Surpasses Target Demonstrating Strong Demand for Colbeck’s Sponsor-Like Approach to Financing Unsponsored Middle-Market Companies

Spirit Wealth Doubles Sales in 2024 Amid Rising Demand for Whiskey Cask Investment

Unlike traditional markets, whiskey cask investments provide a tangible asset that appreciates in value as it matures.

Balentine Partners with FJ Management to Ensure Next Generation of Independence and Growth

The Utah-based private holding company has acquired a 20 percent stake in the ultra-high net worth wealth management firm, enabling Balentine to secure its independence while positioning itself for future growth.

Homestead Capital, Farmland Specialist Investment Manager, Adds Kudu Investment Management as Strategic Partner

The firm remains majority employee-owned and led by Daniel Little and Gabe Santos, co-founders and co-CEOs.

TD Asset Management Inc. broadens its ETF lineup with two new U.S. dollar offerings and expanded suite of target maturity bond ETFs

Expanded suite of TD ETFs offers greater flexibility for investors

Goldman Sachs launches Capital Solutions group to grow private credit and equity business

These actions include the creation of a Capital Solutions group and the expansion of its alternatives investment team in its Asset and Wealth Management division.

Glacier Bancorp to acquire Bank of Idaho for $245.4m

The deal is slated for completion in the second quarter of this year, contingent on regulatory and shareholder approvals.

Private equity outlook in the U.S.

Layered on top of this, the recent U.S. presidential election saw the re-election of Donald Trump, bringing with it promises of tax cuts and deregulation.

Ramirez Asset Management Acquires $500 Million Private Credit Strategy Team From Avenue Capital Group

New Credit Opportunities Group to Launch Sixth Fund in 2025

GTCR Announces Strategic Investment in Winged Keel Group

Firm will partner with existing team to strategically grow the Company and further enhance Winged Keel's service offering

Apollo to Acquire Argo Infrastructure Partners

Acquisition of Complementary Mid-Market Infrastructure Manager Deepens Origination and Asset Management Capabilities in Fast-Growing Sectors Strategically Aligned with Apollo’s Long-Term Growth Objectives

Pointwealth Capital Management Welcomes Glenn Hruska and Expands Assets Under Management to Over $450 Million

This strategic move is expected to add over $200 million in client assets to Pointwealth Capital Management

Mercer Advisors Expanding In Georgia By Acquiring Edward Vance Investment Management

By joining Mercer Advisors, Vance gains access to expanded resources and the support of a broader team of specialists, allowing him to better serve his clients.

Prudential collaborates with Penguin Benefits to help simplify the workplace leave experience

Prudential is among the first providers to offer this tool configured to help employees understand their short-term disability

SEI Launches Depositary Services in Luxembourg

Launch Strengthens Comprehensive Global Offering and Operational Footprint

AmeriFlex Group caps record year with $3.4bn in assets

Adviser-Owned RIA adds 53 advisers, expands reach across 29 States.

Alternative Investments