Managers of Wealth Americas

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

University of California to dump fossil fuel investments

We have a moral responsibility to take swift action on climate change

Generational Group a Finalist for Multiple 2019 M&A Advisor Awards

“It is an honor to once again be a finalist in so many categories,” said Brenen Hofstadter, Chief M&A Officer, Generational Group.

Latin America told to sort out pensions for the emerging middle class or risk unrest

The paper also suggests that without reform, a big section of the middle class could be plunged back into poverty in retirement and the societies concerned are even risking political unrest.

CarVal Investors partnership to buy firm from Cargill

The three are responsible for strategic direction, investments and operations globally.

Lazard Reports August 2019 Assets Under Management

The month’s AUM included market depreciation of $3.8 billion; foreign exchange depreciation of $1.8 billion and net outflows of $0.4 billion.

Venture capital investment once again shows strong year-over-year growth in H1 2019

A review of the increasing trends in the Canadian market reveals that VC investment in Canada is very robust and showing virtually no signs of slowing down.

Blackstone Announces $20.5 Billion Final Close for Latest Global Real Estate Fund

We are grateful to our investors for their ongoing support and look forward to putting this capital to work on their behalf.

Alternative Investments