07/22/2021
Empower Retirement to Acquire Full-Service Retirement Business of Prudential Financial, Inc.
Expands Empower’s reach across retirement services market to more than 16.6 million individuals and $1.4 trillion in AUA
Alternative Investments
07/22/2021
Capstar Ventures Announces Close of Inaugural Fund at $41 Million
Austin-Based, Woman-Owned Fund backed by J.P. Morgan Asset Management’s Project Spark
07/22/2021
John Hancock Investment Management launches Global Environmental Opportunities Fund
Selects Pictet Asset Management for thematic investment expertise
07/22/2021
John Hancock Investment Management launches Global Environmental Opportunities Fund
Selects Pictet Asset Management for thematic investment expertise
07/22/2021
Citizens Business Conditions Index™ Reaches Highest Level in Three Years as Economic Recovery Gains Momentum
Initial jobless claims dropped in another positive sign while new-business applications were flat.
07/22/2021
Blackstone Reports Second Quarter 2021 Results
The result is 21% year-over-year growth in total assets under management to a record $684 billion and continued elevation in the power and quality of Blackstone’s earnings.
07/21/2021
State Street Launches Front to Back Private Markets Solution
Agrees to Acquire Mercatus, Inc. to Offer Fully Integrated Platform For Growing Private Market Segments Including Infrastructure, Private Equity, Real Estate, Private Debt and Fund of Funds
07/21/2021
Wall Street giants invest in Vestwell
“Vestwell’s modern, automated, and user-friendly platform uniquely positions them to help small businesses provide workplace savings programs to more people. We’re excited to lead this investment and support Vestwell’s continued gr
07/21/2021
Bank of America Is Clearing Crypto ETPs for Hedge Funds in Europe
There has also been an increasing number of cryptocurrency ETPs being listed on the SIX exchange in Switzerland and the Deutsche Boerse’s Xetra market in Germany.
07/20/2021
Is your direct lending strategy fit for purpose?
The potential opportunities created by this void are an attractive proposition for private capital funds.
07/20/2021
Citizens Financial Group, Inc. Reports Second Quarter 2021 Net Income of $648 million and EPS of $1.44
Underlying Net Income of $656 million and EPS of $1.46
07/20/2021
Ally Financial reports second quarter 2021 financial results
Our strong financial trajectory, coupled with our 'Do it Right' culture, represent a powerful combination as we continue to serve our customers, employees and communities.
07/16/2021
Generational Equity Advises Precision Restoration Services in its Sale to Private Investors
From emergency services to turnkey repairs, PRS works closely with customers to ensure job satisfaction on restoration projects.
07/16/2021
Schwab Reports Second Quarter Results
Core Net New Assets Total $108.8 Billion, a Second Quarter Record
07/16/2021
Demand for loan ETFs ‘skyrockets’ as inflation worries intensify
Niche sector’s assets almost double in six months
07/15/2021
Martin Gilbert: Adapt like ETFs, or get left behind
Mutual funds need to constantly innovate
07/15/2021
Truist reports second quarter 2021 results
Results for the second quarter produced an annualized return on average assets (ROA) of 1.28%
07/14/2021
PGIM strengthens alternatives offering with agreement to acquire Montana Capital Partners
MCP’s co-founders Dr. Christian Diller and Dr. Marco Wulff will continue to manage the business and serve as co-chief executive officers.
07/14/2021
US risk transfer market finally opens up
The loans stay on balance sheet, but the bank can then claim capital relief against the portfolio, as the investor bears any unexpected losses.
07/14/2021
US private equity firms pivoting investment focus towards Latin America, says Auxadi study
Growing interest in Latin America among private equity investors reflects a widely held view that cross-border deal flow will continue to grow in popularity.