Managers of Wealth Americas

A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages

Fir Tree bet that homeowners would keep paying loans, even against their interest

Asset Manager Millennium Management Nabs 300K SF at 399 Park Avenue

Millennium Management will move its New York City headquarters from 666 Fifth Avenue to Boston Properties’ 399 Park Avenue, the landlord announced today.

Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018

Hardly a month went by without news of the high-fee money managers -- young and old, running large and small shops, big and little-known names -- shutting down.

Caisse de dépôt makes $247-million investment in Colombian pension firm

The deal brings the CDPQ's investments in Colombia to US$1 billion

CDPQ and SURA announce a region-wide strategic partnership for Latin America

This transaction is a new step in the growing relationship between Grupo SURA, one of Colombia's largest multinational holding companies, and CDPQ, a leading global institutional investor managing nearly US$235 billion in assets.

Blackstone's McCormick Sees Less Seed Deals, Larger Launches

McCormick, who took over running Blackstone Alternative Asset Management, or BAAM, at the beginning of the year, spoke with Bloomberg on Dec. 14. His comments have been edited and condensed.

Robertson Stephens Unveils New Era with Long Arc Capital

The team at Robertson Stephens has created a wealth management offering with an excellent value proposition for both clients and advisors in the marketplace.

Florida SBA Partners with J.P. Morgan Asset Management on Florida Growth Fund

The Florida Growth Fund is a legislatively-approved program providing capital to growth related businesses in Florida, having already committed over $750 million in Florida-based funds and direct private credit-related investments since commencing in 2009

Goldman Buys Fund-of- Hedge Funds Manager

GSAM is buying a multi-billion-dollar manager of funds-of-hedge funds.

Canada Pension Plan to increase bets in China despite political tensions

CPPIB, one of the world's biggest investors, has 8 percent of its funds invested in China

Crossmark Global Investments Wins Best Places To Work In Money Management Award In Pensions & Investments

Crossmark Global Investments, a leading provider of values-based investment solutions based in Houston, TX, emphasizes a "People with Purpose" culture, and proudly fosters an environment that guides the way employees work and live.

TCW Named One of the Best Places to Work in Money Management for 2018 by Pensions & Investments

This marks the fifth consecutive year this honor has been bestowed upon TCW

Ex-Lehman Brothers executive to shut down major hedge fund

Hedge fund returns declined 0.35 percent in November, and the beleaguered industry is down 3.62 percent for the year, according to figures from Bloomberg.

Elion Partners and Buchanan Partners Announce $100 Million Multifamily Acquisition and Development Plan in Washington D.C. Metro Area

Joint venture marks third partnership between Elion and Buchanan

Morgan Stanley Announces Technology Partnership with Yext to Enhance Financial Advisors’ Digital Presence and Increase Prospecting Success Through Intelligent Search

Their artificial-intelligence-ready data structure will enable Morgan Stanley to create and relate important information about their vast network of individual Financial Advisors, advisory teams and branches.

Alternative Investments