Managers of Wealth Americas

Rhode Island dumps hedge fund Luxor Capital

In late February, influential industry consultant Cliffwater has placed Luxor Capital on a so-called watch list after suffering double-digit losses last year.

Fisher stepping aside as Fisher Investments CEO

Taking Fisher’s place leading the 2,000-employee company will be 41-year-old Damian Ornani, who has been with the company for 20 years.

Guggenheim Investments Earns Second Consecutive Lipper Award for Best Fixed Income Small Fund Group

The asset group class award is presented annually for consistently strong risk-adjusted performance relative to peers based on Lipper’s proprietary performance-based methodology.

Hedge fund industry raises $1.5 million to prevent and treat child abuse

Help For Children, one of the most globally renowned charitable organizations associated with the hedge fund industry, raised $1.5 million at its 18th Annual Hedge Funds Care New York Benefit on March 10th, with all proceeds benefiting programs to prevent

BNY Mellon Selected as Depositary Bank by Raia Drogasil for New ADR Program

Raia Drogasil is the largest drugstore chain and eighth largest retailer in Brazil.

UBS links with Harvard on ESG tool for pension funds

It comes as pension funds around the world, including Australian superannuation funds, come under mounting pressure to consider the environmental and social impact of their investment decisions.

Broadridge Invests In and Enters Into an Alliance with LiquidX

LiquidX unlocks balance sheet capital from large corporations through its innovative technology-driven auction market.

Polen Capital Management is Live on the SaaS-based Charles River IMS

Structurally this investment has increased our productivity, streamlined our portfolio compliance and risk monitoring

Extending innovation into new sectors

Institutional investors, along with market regulation, have driven the alternatives industry down this road

Sussman's Paloma Partners Adding Staff, Will Accept New Capital

Last year, Sussman said, he was concerned about equity market valuations and the market's appetite for distressed debt.

Investcorp Further Expands Real Estate Portfolio with Acquisition of Five Residential Properties in Minneapolis and Boca Raton

The residential properties located in the suburbs of Minneapolis, MN are comprised of two multifamily apartment properties with 854 units and an average occupancy rate of 95 percent.

TIAA Introduces TIAA Global Asset Management

The announcement today is part of the firm’s ongoing strategy to expand its capabilities and solutions to better serve the diverse needs of its client base.

BlackRock's Larry Fink paid nearly $26 million in 2015

BlackRock's filing also shows the company will face an unusual test of its oversight of CEO pay at other companies

With banks out of reach, entrepreneurs get creative to take cash out of the marijuana industry

It appears to be the most salacious tale of violence linked to the large amounts of cash swirling around the county’s pot dispensaries.

SunTrust Wins Greenwich Excellence Award for Investment Ideas and Advice

The recognition follows SunTrust launching onUp, a national movement to inspire Americans to build financial confidence.

Japan's Orix plans $1 billion U.S. private equity deals: source

An Orix spokesman confirmed the company has set up a private equity company in the United States but declined to comment on investments or any other details.

Bitcoin finds room in small funds; large institutions still on sidelines

Hopes that bitcoin would become a broadly used alternative to other currencies helped buoy its price to more than $1,000 in December 2013, when its market capitalization was $13 billion.

Vista Equity Sets $10 Billion Upper Limit For New Fund

Vista Equity Partners Fund VI LP has attracted investor demand in excess of the fund’s $10 billion hard cap.

Bill Ackman is having the worst year in his fund's history

His returns so far this year have been mostly dragged down by Valeant Pharmaceuticals' massive decline.

$14b bid for Starwood Hotels puts Chinese firm Anbang in spotlight

The move complicates a plan to meld Starwood and Marriott International Inc into the world’s largest hotel company

Alternative Investments