01/02/2020
Arthur J. Gallagher & Co. acquires Walsdorf Agency
David L. Walsdorf, Louis J. Walsdorf and their associates will be relocating to Gallagher's Jericho, New York office
Alternative Investments
12/29/2019
Hana Financial Investment, Hotel Lotte buy $175m hotel in US
“We will do our best to apply our accumulated global investment banking solutions (to the joint business deal with Hotel Lotte),” Hana Financial Investment CEO Lee Jin-kook said, expressing content with the newly formed partnership
12/27/2019
Private equity will keep on scooping up tech firms in 2020, say experts
The private equity buyers have become more attractive as they’re willing to pay better multiples
12/26/2019
$17 Trillion Jump in Global Stock Markets to Continue in 2020
The global stock markets demonstrated impressive results in 2019. Analysts, however, think that a pullback is possible.
12/24/2019
Dimensional Fund Advisors Enters the Asset-Management Fee War
On an asset-weighted basis, investor costs will drop an average of 8%, according to the firm.
12/24/2019
Kennedy Wilson Raises $775M for Value-Add Fund
The closed-end fund has exceeded its original target.
12/23/2019
Lone Star emerges as white-knight bidder for Japanese hotel chain Unizo
Unizo said Lone Star was not seeking to control Unizo so it was unlikely that Lone Star would exercise that right.
12/23/2019
KKR Enters Seattle Real Estate Market
Firm Closes on Two Real Estate Transactions in the Greater Seattle Region
12/23/2019
Adams Street Partners raises $740 mn for new global fund
Adams Street’s global program provides clients a comprehensive private markets portfolio
12/20/2019
BlackRock and Temasek Are in Talks on Joint Venture in China
Firms to take majority stake in local business with CCB
12/19/2019
BlackRock in Talks to Cancel Option to Take Over iCapital Network
BlackRock would stay on as the financial-technology firm’s largest minority shareholder
12/18/2019
Arthur J. Gallagher acquires SBW Employee Benefits
It also provides consulting advice on employee assistance plans and wellness programs.
12/18/2019
CalPERS approves new alternatives investment policy
There's been relatively few customized investment accounts over the last couple of year
12/18/2019
Triton Pacific Affiliate Completes Acquisition of 117 Pizza Hut Restaurants in $80 Million Transaction
"This acquisition cements Triton Pacific's place as one of the leading private equity firms in the QSR industry and positions us for further expansion in the space."
12/18/2019
Chubb Introduces First-of-Its-Kind Financial Institution Fidelity Bond to Address Unique Risks Faced by Asset Managers
New financial fidelity insurance solution provides modernized coverage for a range of risks related to loss of customer capital
12/13/2019
West Michigan financial advisers named among ‘fastest growing’ in US
The unranked list was compiled by measuring percentage revenue growth over the previous three years.
12/12/2019
Nomura Buys Boutique Investment Bank in Bet on Greener Deals
The Tokyo-based firm unveiled plans earlier this year to boost its advisory business for companies in markets including the U.S., while cutting expenses in areas such as securities trading.
12/12/2019
Bridgewater ready to accept funds from Japanese investors: CIO
Bob Prince says US recession is unlikely in the short term
12/11/2019
Ultimus Named 2019 Best Multi-Series Trust Provider by Fund Intelligence
Advisers benefit from series trust model efficiencies
12/10/2019
Chubb Makes Equity Investment in African Trade Insurance Agency
ATI supports trade and investment in African member states by providing comprehensive risk solutions, such as political risk and credit insurance products.