04/25/2018
CPPIB global head of investment partnerships to depart; 4 promoted to senior managing director
The changes are part of a restructuring of the board's senior executives, according to the release.
Alternative Investments
04/25/2018
Neuberger Berman Places Five Wealth Advisors on Barron's "Top 100 Financial Advisors" List
Joining them in the ranking this year are Brian Hahn of Illinois and Holly Newman Kroft of New York.
04/24/2018
Hedge fund billionaire Steve Cohen's venture capital group is on a fintech tear
On Tuesday, a mobile credit card startup called Extend will announce it has a $3 million investment led by Steve Cohen's Point72 Ventures along with others.
04/23/2018
Capita jumps as Woodford and Barnett back cash call
Capita's three-for-two rights issue will be launched at a heavily discounted 70p price.
04/23/2018
MadDog Ventures Announces Closing of $26.7 Million Venture Capital Fund
The MadDog Ventures team combines a wealth of management, strategic and operational expertise across multiple industries and disciplines.
04/23/2018
Peru firm signs deal to bring two VC funds to LatAm
As the volume of what is being invested abroad has grown, investors have more options and are looking to a more globalized [and diversified] alternatives portfolio,’ Espada said.
04/22/2018
American vulture hedge fund Elliott steps up raids on UK boards
The firm has been snapping up stakes in the companies behind some of the UK’s best-known brands, demanding changes including break-ups, takeovers and restructuring.
04/22/2018
The Man Who Could Eat Half the Profit in Fund Management
A Q&A with the former CEO of AllianceBernstein and pay-for-alpha proponent.
04/21/2018
Hedge funders’ lavish gala raises $1.5M for Lincoln Center
Kicking off the event, which raised $1.5 million for Lincoln Center for the Performing Arts and related organizations, was former New York City Mayor Michael Bloomberg.
04/20/2018
Capital One advisors to go indie with Advisor Group firm after M&A deal
Some 33 key advisors within the group will run the new Woodbury offices in the New York City area, the mid-Atlantic region, Louisiana and Texas, says Woodbury CEO Rick Fergesen.
04/19/2018
Hedge fund manager Cohen heads east to 'swing big' with Point72 Ventures
Asia presents a chance to "swing big" because it's unburdened by technological infrastructure, particularly in financial services
04/19/2018
Harneys predicts major upswing in infrastructure investments in Argentina
Harneys expects the Cayman Islands to play a significant role in structuring the investment opportunities for the mammoth infrastructure requirements.
04/19/2018
Avenue Capital to launch 'impact' investment fund, source says
Avenue, led by billionaire Marc Lasry and best known for its bets on distressed debt, is seeking to raise about $500 million for the new fund, said the source, who requested anonymity because the information is confidential.
04/18/2018
HighTower to Buy Salient Private Client in Houston
The deal will give HighTower its first footing in Texas and its first trust business, Salient Trust Co., LTA.
04/18/2018
Merrill Exile Riley Etheridge Resurfaces at American Funds
His career included a stint running the New York and Mid-Atlantic regions of Merrill’s Private Banking and Investment Group.
04/17/2018
Public Policy Forum and TD Bank Group announce multi-year Future of Work strategic partnership
TD will provide a $750,000 investment as part of its global corporate citizenship platform, The Ready Commitment, to help open doors for an inclusive future.
04/17/2018
Frazier Investment Management Launches Financial Services and Investment Management Practice
Rhode Island-based financial services firm Frazier Investment Management to offer modern planning advice to entrepreneurs, businesses, families and individuals.
04/17/2018
BofA: Money manager equity allocations continue to drop
Only 18% of investors surveyed think equities have already peaked, while 40% expect a peak in the second half of 2018.
04/16/2018
Bankruptcies reinforce LBO fears of managers
Despite the recent headlines, the number of bankruptcies of private equity-backed companies fell sharply in 2017.
04/16/2018
Manulife Investments Announces Changes to Portfolio Management Team
The investment thesis of all four funds remains the same.