Managers of Wealth Americas

Financial Institutions to acquire investment advisory firm

The company has more than $1.2 billion in assets under management and is adviser to an additional $335 million of assets.

Dallas’s Aristos Aims to Micro-Size Investment for Tech Startups

Though the second startup was a bust, Mendoza says both experiences hooked him to entrepreneurship and the challenges of building a company from scratch.

Penn Mutual Asset Management Promotes Mark Heppenstall to Chief Investment Officer

Heppenstall will continue to lend his expertise in the management of investment grade rated corporate and structured fixed income investments, while taking on a larger role shaping the firm’s overall investment strategy.

BCG launches global Private Equity industry practice

Late September the firm revealed it has launched a new industry unit focussed on the private equity domain

Oil Find Prompts Guyana to Create Sovereign Wealth Fund

Essequibo is a resource-rich area of 167,839 sq. kilometers (64,800 sq. miles).

World Bank Group Pension Plan Signs on to Principles for Responsible Investment

The decision to join the PRI follows a yearlong review process

Baird to Acquire Global Asset Manager Chautauqua Capital Management

Adds Experienced Global Investment Management Team and Institutional Track Record

How Activist Hedge Funds Turn Others Into Vultures

Corporate raiders have joined forces with institutional investors and others in the financial sector

A New Way To Fund Unicorns Starts To Look Less Magical

Another company that has raised money via numerous SPVs is the digital scrapbooking company Pinterest.

Warburg pincus completes fundraising for $12 billion global private equity fund

Warburg Pincus XII's Limited Partners include leading public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations and wealthy individuals.

BMO Capital Markets Awarded Best Bank for the Canadian Dollar by FX Week for the Fifth Consecutive Year

BMO Recognized for Excellence in Helping Clients With Foreign Exchange Needs

Hedge fund Achievement Asset Management to return money to investors

This is obviously not what we were aiming for and I just don't think my strategy makes a lot of sense in this market environment so I just decided to give everybody their money back and regroup

French private equity firm raises €1.1bn for co-investment fund

Was already one-third invested through 11 deals, which began before the fund closed.

A Flurry of Growth in the Online Financial Advice Field

More traditional financial services companies are introducing their own online and digital-only advisers.

BlackRock to close poor performing $1bn macro hedge fund

The Fortress fund, managed by Mike Novogratz, had been one of the worst performing large hedge funds in the world this year.

Sankaty Advisors to Acquire Four CLOs with $1.6 Billion of Assets from Regiment Capital Advisors

The firm has managed 27 CLOs since inception. Sankaty currently has 12 CLOs in the U.S. and Europe under their management.

Critics pounce on hedge funds managed by Florida lawmaker

Grayson was reelected to Congress three years ago, is seen as uncommon for a sitting lawmaker

Suriname's top diplomat promotes economic diplomacy in Saudi Arabia

This has given our political and diplomatic solidarity, as well as our economic and trade engagement, a redefined purpose at various levels

Funds mull best way to get emerging markets exposure

Sources said pension fund allocations to emerging markets remain low relative to the percentage of world GDP these countries represent, and some institutional investors still have no exposure.

Canadian pension fund arm Ivanhoe Cambridge doubling investment in China

That is part of its strategy to double the weighting of growth markets, including Asia-Pacific and Latin America, in its global portfolio.

Alternative Investments