06/28/2021
OCIO rides market rebound to big growth
Managers also see clients shift from internal management post-pandemic
Alternative Investments
06/28/2021
Two and twenty is long dead. Hedge fund fees fall further below onetime industry standard
White Square isn’t the first, and most certainly won’t be the last, hedge fund that fails to convince investors to pay up for its asset management.
06/28/2021
CI Financial Enters Pennsylvania with Acquisition of US$2.6-billion Radnor Financial Advisors
CI continues U.S. wealth management expansion with 19th acquisition, deepening its Mid-Atlantic presence and boosting total assets to C$298 billion
06/28/2021
Brookfield Completes Special Dividend and Creation of Brookfield Asset Management Reinsurance Partners Ltd.
The exchangeable shares will commence regular-way trading on the Toronto Stock Exchange and the New York Stock Exchange
06/25/2021
iCapital To Expand Operations To Greenwich, Create 200 Jobs
The new iCapital Network office is expected to open in Greenwich this fall.
06/25/2021
Robinson Capital Management launches pre-merger SPAC ETF
Robinson Capital invests primarily in pre-merger SPACs because of the tendency for downside mitigation (ability to redeem shares at USD10/share)
06/24/2021
Janus Henderson Expands Active ETF Lineup
Janus Henderson has a strong track record managing real estate equity portfolios.
06/23/2021
PensionmarkMeridien Partners with Lion Street
This relationship will help us to provide better outcomes for our clients through Lion Street’s sheer scale and market footprint.
06/22/2021
BTG Pactual Strategic Capital, Morning Calm Management and Grupo Patio Launch Aurora Industrial
Aurora Industrial, a platform company focused on U.S. Midwest industrial real estate, has closed ~US$ 120 million anchor acquisition
06/20/2021
Investment Manager Member Associations Find Growth Amid Year Of Pandemic And Social Injustice
Today, the mission of promoting diversity and inclusion for the Asian American and Pacific Islander community in the investment field is more critical than the day the Association of Asian American Investment Managers was founded in 2006, according to CEO
06/18/2021
Advisor Group adds four financial professionals with USD259m in total client assets to Royal Alliance Subsidiary
Advisor Group, a US network of independent wealth management firms, has recruited four independent financial professionals who oversee a collective USD259 million in total client assets to its platform.
06/16/2021
BlackRock and iCapital Network Expand Existing Partnership to Broaden Private Market Access to Wealth Managers Internationally
The partnership will focus on the distribution of global private market funds
06/16/2021
Trinity Investments Closes $520 Million Fund to Invest in Value-Add Hospitality Assets
Trinity GP Fund I L.P. to target upscale and luxury hotels in the top 25 U.S. markets
06/15/2021
Evolving Forces: Executive Summary
The U.S. retirement market, the world’s largest, is maturing as transformative trends continue to play out.
06/09/2021
Sound Point Capital Acquires CVC Credit’s U.S. Direct Lending Unit
Terms of the transaction were not disclosed. As part of the agreement, Sound Point has hired a team of nine investment professionals from CVC Credit who together manage a portfolio of approximately $1 billion of assets.
06/08/2021
Private equity brushes off past club deal woes with $34B Medline buyout
The deal comes after US private equity firms amassed approximately $721 billion in dry powder as of June 30, 2020 following years of record fundraising outputs.
06/08/2021
Hightower's Leah Jones Named to InvestmentNews' 2021 '40 Under 40' List
Leah takes the time to really understand her clients' needs and goals and works with them to accomplish whatever 'well-th rebalanced' looks like for them.
06/07/2021
Bond traders glimpse taper-talk roadmap that revives volatility
Tapering looms large for financial markets because the Fed has signalled that it will be a precursor to actual rate increases.
06/07/2021
Hub International Acquires Retirement And Private Wealth Book Of Business In Texas
This move continues to strengthen Hub RPW with the addition of talent and resources to develop more comprehensive strategies for clients.
06/07/2021
J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital
Firm hires two new Managing Partners, Christopher Dawe and Osei Van Horne, to lead new growth equity initiatives