Managers of Wealth Americas

Rhode Island’s $2 Billion in ‘Preventable Losses’ in Alternative Assets

She added that Rhode Island has recently begun following “a similar strategy” to Calpers

Old Mutual to bolster funds by selling stake in asset manager

Old Mutual, the FTSE 100 listed insurer, is to bolster its funds with the sale of a tranche of shares in Old Mutual Asset Management in the US

GE Takes Big Step Away From Banking With $12 Billion Deal

General Electric will sell its private equity business in a deal valued at about $12 billion as it refocuses on its core businesses and exits a banking sector now under stricter oversight.

Janus Labs Releases Second Book in Art of WOW Series

We aim to help our clients ignite, or re-ignite, their acquisition efforts and build a tribe of loyal clients

Sustainable Investing on the Rise in the US

Sustainable investing has been slow to catch on among individual investors in the US compared with Europe

J.C. Flowers to buy AmeriLife

J.C. Flowers & Co. LLC has agreed to buy AmeriLife Group from Reservoir Capital Group and Black Diamond Capital Partners

Focus Financial Partners Upsizes Its Credit Facility Capacity to $1 Billion

The $1 billion credit facility is available to all Focus partners, providing them with access to market leading capabilities while retaining their independence and entrepreneurial goals.

Harvard gets record US$400 mln gift from hedge fund boss Paulson

Wall Street financier John Paulson has broken the record set by Hang Lung Group’s Ronnie Chan Chi-chung and his brother Gerald, who donated US$350 million to Harvard University

How Start Up Hedge Funds Plan To Raise More Capital

When asked to evaluate the factors critical to success in launching a hedge fund, managers are certain to focus on two key areas – investment performance and raising capital.

Hancock Horizon Funds launches three new funds

We believe there is great opportunity to capitalize on higher returns

Mutual funds chase head start on hit IPOs with pre-public investing

Funds run by Boston-based Fidelity Investments and Baltimore's T. Rowe Price Group

ICBC Jockeys for Wall Street’s Hedge-Fund Clients

The decision by J.P. Morgan Chase & Co. to stop doing business with middlemen that steer hedge-fund clients its way has sent hundreds of small money managers scampering to find an alternative.

AB Launches Multi-Manager Target-Date Collective Investment Trust Portfolios

New Active/Passive Series with Independent Manager Selection Rounds Out AB's Multi-Manager Target-Date Platform

Big Investor Threatens Lawsuit Over $1.4 Billion Deal Linked to Ocwen, Fortress

Companies linked to mortgage debt collector Ocwen Financial and asset management giant Fortress Investment Group may face a legal battle over a $1.4 billion deal reached earlier this year

Bay Area Broker Becomes Billionaire on Sub $10 Million Listings

Marcus & Millichap Inc.’s website has more than 2,800 commercial properties for sale.

Raymond James To Acquire Producers Choice

Raymond James Financial, Inc. announced today that it has reached an agreement to acquire The Producers Choice, LLC

Preqin: 92% of hedge fund industry capital concentrated among top 11% of fund managers

The 570 firms that make up the $1bn Club, hedge fund managers that have amassed at least $1bn in assets, now control $2.78tn in assets out of the total $3.16tn* for the industry

BlackRock has No Interest in Buying a Retail Brokerage - CEO

BlackRock Inc, the world's largest asset manager, has no intention of buying a retail brokerage firm

Jefferies Is Poaching the Big Banks’ Loan Business With Help From the Fed

Welcome to the new world of leveraged loans

Are Alternatives winning versus traditional investing in Boston?

Especially since the financial crisis, clients have wanted more protection of capital or less volatility or less correlation with the markets overall, and this has certainly picked up more recently.

Alternative Investments