Managers of Wealth Americas

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

Apollo Seeks $700 Million for CLO Firm as New Rules Loom

Apollo itself will cease to issue any more CLOs after the new company is established, although it will continue to manage the funds it has already established, one of the people said.

Rattner wins SEC OK for dealmaking role with bankers

The ruling opens a path for him to bring transactions to Guggenheim without being a full-time employee, according to two people familiar with the arrangement who asked not to be identified discussing a private deal.

Bahraini banks acquire key US real estate portfolio

The Bridgewater property sits on a 260,000 sq m gated land and boasts 532 residential units spread over 36 residential buildings, while the Preston Creek property sits on a 206,000 sq m gated land consists of 334 residential units spread over 19 residenti

Alternative Investments