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Alternative Investments

12/24/2024

MetLife to Buy Li’s PineBridge in Asset Management Push

MetLife will also pay $200 million subject to achieving certain financial goals in 2025, and an additional $200 million subject to a multiyear earnout.

12/24/2024

Sia Partners secures €250 million in funding from Blackstone

Following 25 years of privately-funded growth, Sia Partners has turned to the world of private equity to fast-track its future growth ambitions.

12/23/2024

Hedge Funds Cut Nuclear Technology Exposure After 'Hard' Rally

Money managers remain positive about sector’s long-term future as demand for clean energy picks up.

12/21/2024

State Street Announces Three Additional Bank Partnerships to Support Minority Depository Institutions and Community Development Financial Institutions

Latest placements mark the completion of the firm’s $100 million initiative that launched earlier in 2024

12/20/2024

Setting up a business in the United States

The US has a uniquely large and affluent domestic market that makes it attractive to businesses worldwide.

12/20/2024

CAPTRUST Welcomes Campbell Wealth Management & TruNorth Wealth Partners

Campbell is unapologetically a growth-minded organization, just like CAPTRUST.

12/19/2024

Captrust Adds $1.97B in Double Deal

Captrust has acquired Virginia-based Campbell Wealth Management and St. Paul, Minn.-based TruNorth Wealth Partners.

12/19/2024

Summit Financial Finishes 2024 Strong with Minority Stake in Gordon Asset Management, Representing Over $1.3 Billion in Combined Advisory and Retirement Plan Assets

Summit amplifies presence in the Southeast, bolstering expertise in qualified retirement plans

12/18/2024

Payroll provider remote enables companies to pay contractors with stablecoins

Contractor management is one of the fastest-growing capabilities of the Remote platform as businesses shift toward tapping global talent pools and adopting more flexible workforce models.

12/18/2024

Corient to Acquire H.M. Payson, Maine’s Largest Registered Investment Advisor

Portland-based firm with $7.9 billion in assets and 170-year legacy to join Corient, expanding its presence in the U.S. Northeast

12/18/2024

MA Asset Management announces the launch of interval fund MA Specialty Credit Income Fund (SCISX)

The Fund aims to deliver attractive risk-adjusted returns through various market cycles while providing daily pricing, monthly income distributions and quarterly repurchases.

12/18/2024

Merit Acquires Pacific Northwest Firm Overseeing $773M In Assets

The Oregon firm will expand its retirement and group insurance offerings using new technology from Merit.

12/17/2024

Why Wall Street says bank stocks are a top play for 2025

The catalysts are clear: a strong economy, expectations of deregulation under President-elect Donald Trump, attractive valuations, and lower interest rates.

12/17/2024

Wells Fargo stock backed by Evercore, bets on asset cap lift and capital return growth

The adjustment follows a recent investor meeting with Wells Fargo's Head of Investor Relations, John Campbell, which took place last week.

12/17/2024

Billionaire Warren Buffett Bets $120,000,000,000 on Two Assets After Dumping Bank of America, JPMorgan Chase, Wells Fargo

Berkshire initiated its investment in Apple back in 2016 and has adjusted its holdings multiple times, including significant reductions this year.

12/17/2024

Why private debt is set to soar in Asia’s $63 trillion credit market

While the asset class has grown more slowly in Asia than in the U.S., UK and Europe

12/17/2024

Constellation Wealth Capital Closes Inaugural Fund with More Than $1 Billion in Capital Commitments

Fund exceeded fundraising targets and will continue to focus on making structured minority investments in well-positioned wealth management firms throughout the United States

12/16/2024

Morgan Stanley Infrastructure Partners Sells Höegh Evi Stake

Höegh Evi is one of the leading owner-operators of Floating Storage and Regasification Units

12/13/2024

Schwab Asset Management Named A Best Place to Work in Money Management for Ninth Year in a Row

The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics.

12/13/2024

State Street Global Advisors Launches Saudi Bond UCITS ETF Offering Investors Exposure to KSA’s Growing Bond Market

Growth of the Saudi bond market has accelerated over recent years, driven in part by the Kingdom’s Vision 2030.

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