02/24/2022
5th Century Partners Appoints Northern Trust
Relationship Extends Across Northern Trust Asset Servicing, Wealth Management and Asset Management Units
Alternative Investments
02/24/2022
Three Steward Partners Global Advisory Partners Named to America's Top Women Wealth Advisors List
"We are very proud of Liana, Judy, and Amy, and offer our sincere congratulations to them on this well-deserved recognition,"
02/23/2022
Private equity firm Apollo launches $100 million foundation
The process resembles how Apollo picks its deals and will ensure grassroots participation, the foundation's executive director Lauren Coape-Arnold said in an interview.
02/23/2022
Abrdn raises $90m so far for latest venture capital strategy
Abrdn Venture Partners XIII is creating a portfolio focused on life sciences and blockchain.
02/22/2022
Citizens Financial Group Closes Acquisition of HSBC East Coast Branches and National Online Deposit Business
The acquired branches have been re-branded as “Citizens.”
02/22/2022
Two-Thirds of Investors Cite Growth as Primary Financial Goal, Says New Data From Lincoln Financial Group as the Company Launches Fixed Annuity Product Enhancement
Investors have the benefit of higher asset growth potential with the new 1 Year BlackRock Dynamic Allocation Participation Plus account available with Lincoln OptiBlend® fixed indexed annuity contracts
02/22/2022
Apollo and Mubadala Investment Company Expand Partnership to Capitalize on Global Origination Opportunities
Platform Strengthens Apollo’s Origination Capability Across Asset Classes, Geographies and Industry Verticals, which Helps Make Apollo a Private Financing Partner of Choice
02/22/2022
CI Financial Reports Record Financial Results for the Fourth Quarter of 2021
All financial amounts in Canadian dollars as at December 31, 2021, unless stated otherwise. Financial amounts for the quarters and year ended 2021 are unaudited.
02/20/2022
M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement
Following the closing of the merger, the combined company will operate across some of the most populated and attractive banking markets in the U.S.
02/16/2022
SIMON Announces Strategic Investment from Citi
Citi is the latest market participant to make a strategic investment in SIMON, deepening the partnership between the two firms
02/16/2022
Mountain Capital, Merchant Align in Growth Partnership
Multi-office RIA to expand services to aviator clients through minority investment and new strategic resources
02/16/2022
Cincinnati Financial Reports Fourth-Quarter And Full-Year 2021 Results
The communities we serve through our insurance business saw a high number of weather-related catastrophes near the end of 2021
02/15/2022
LPL Financial, Synergy Wealth Alliance Welcome Two New Financial Advisors
The advisors chose to align with LPL and Synergy to establish a business continuity plan to help better serve their clients now and in the future.
02/15/2022
Why Large Pension Funds Are Investing In Private Real Estate
Large pension funds are competing with investors and homeowners to buy everything: single-family homes, multifamily, commercial spaces — few asset classes are exempt.
02/15/2022
Brazil's Itausa Q4 recurring profit jumps 53%
Recurring results attributed to Itausa's stakes in the financial sector were 2.725 billion reais, rising 15% year-on-year.
02/15/2022
Hedge Funds Are Starting to Win Over Allocators Once Again
Three yeas ago, institutions were moving away from hedge funds. That trend is starting to reverse, according to AIMA.
02/14/2022
Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction
The Aldar investment marks Apollo’s latest commitment to Abu Dhabi and the UAE.
02/14/2022
Balyasny chief pushes hedge fund deeper into private start-ups
Head of $13bn Balyasny Asset Management believes increasing number of his peers will enter market
02/11/2022
University Growth Fund announces close of $50 million fund led by Ally
Largest student-run venture capital program builds on commitment to improve diversity within the industry
02/11/2022
ETF Innovation: BMO Launches BMO Canadian Bank Income Index ETF
BMO Asset Management Inc.'s new ZBI Exchange Traded Fund offers access to yield enhancing segments of the bank funding market, including Limited Recourse Capital Notes (LRCNs) and preferred shares amid rising inflation and interest rates.