Managers of Wealth Americas

New York State Common slates $915 million for private equity, real estate

The pension fund made a $400 million commitment through its emerging manager program

RedBird Capital Partners and Reverence Capital Partners Complete Acquisition of Vida Capital, Inc.

Moelis & Co. served as financial advisor and Vinson & Elkins LLP acted as legal counsel to Vida. Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal counsel to RedBird and Reverence.

Escalate Capital Partners holds first close of fourth fund

Escalate IV’s core investment strategy continues to be lending to venture and growth capital-backed companies within the technology, services, and healthcare industries across the US.

Man GLG poaches alternative equities manager from RWC Partners

Corcell has also held roles at SAC Capital Advisors

Karyn Williams launches investment consultancy

The consultancy does not, however, offer or manage investment products, and is not conflicted by other business services.

SunTrust: Record Milestone Reached to Reduce Financial Stress in America as "The onUp Movement" Surpasses Five Million Participants

According to the SunTrust National Financial Confidence Poll, one-third of Americans (34%) feel they are living paycheck to paycheck

State Street’s Revenues Are Likely To Shrink Over The Next Two Years

In 2019, State Street’s Investment Management and Investment Servicing divisions are expected to contribute roughly $9.6 billion (83%) and $2 billion (17%) respectively to its Total Revenue estimate of $11.6 billion.

Blackstone Completes the Acquisition

Blackstone and GLP announced the transaction on June 2, 2019.

Goldman Sachs Bets on European Investor Demand for Smart Beta US Funds

Goldman Sachs Asset Management is trying to keep up with banking behemoth JPMorgan Chase Co., which has a two-year head start in the European ETF market.

Arthur J. Gallagher acquire LSG Insurance Partners

"For over 50 years, we have focused on the power of partnership with one goal in mind – to be the best possible advisor and advocate for our valued clients," said Jay Schreibman, President and CEO of LSG.

The Canadian fund happy to be a quiet high achiever

CDPQ takes a patient approach to investing in Asia where it has a staff of 40 and has invested US$30 billion in Asia

AXA XL partners with Accenture to strengthen its cyber offering

Initially this is being done on an industry basis for the manufacturing, retail, healthcare and financial services industries, among others. By early 2020 it will be expanded to cover the P&C industry.

Wilmington Trust Launches New Brand

Wilmington Trust expands access to its proprietary investment management strategies to a broader set of channels enabling outside retail and institutional investors to benefit from our investment intelligence and high quality solutions

Investors shrug off PE risk to tap unlisted companies

This has corresponded with changing dynamics in how companies are raising capital.

Insurance industry must tackle gender balance

Both the Middle East and the Americas highlighted gender equality as a key barrier to overcome, while mental health sits high on the agenda for Europe and the UK, Dive In said.

Most Powerful Women in Finance: No. 2, Fidelity's Abigail Johnson

In a related initiative, Fidelity is redesigning branches to make them more inviting to women and to financial novices.

Arthur J. Gallagher acquires Andrew Insurance Associates

Michael J. Clark and his associates will continue to operate from their Powell location under the direction of Cindy LaMantia

Blackstone CEO Steve Schwarzman recounts the most ‘disastrous’ investment he ever made

In the mid-1980s, Blackstone made its third-ever investment in Edgcomb Steel, a steel distribution company.

Deutsche Bank's ex-head of program trading just opened his own fund

King has worked outside mainstream banking before.

Arthur J. Gallagher acquires insurance broker

Founded in 1982, Allied Insurance Brokers specializes in offering insurance and risk management services to crane, scaffold and equipment dealers throughout the United States

Alternative Investments