11/03/2022
Alera Group Wealth Services Acquires Benson Blackburn
The acquisition continues Alera Group Wealth Services' strategic effort to expand by finding firms serving well-defined niches and embracing a wide range of advisor business models.
Alternative Investments
11/03/2022
Arthur J. Gallagher & Co. Acquires Doyle Mahon Insurances
Founded in 2009, Doyle Mahon Insurances is a retail insurance broker providing commercial and agricultural solutions to clients throughout Ireland.
11/02/2022
Eric Sturdza Investments launches Strategic Long Short Fund
The Strategic Long Short Fund is a UCITS-compatible fund and classified as an article 8 Fund under the SFDR.
11/02/2022
$650 Million Channel Wealth Selects tru Independence as Advisory Growth Partner
tru Independence continues to attract growth minded advisors who see the value in the tenants of the tru partnership: growth services, human capital and innovative technology
11/02/2022
Cambridge Trust Commits up to $30 Million to Finance Affordable Housing with New Hampshire Housing
As part of the three-year agreement, Cambridge Trust will provide New Hampshire Housing with funds to finance the construction of rental housing
11/02/2022
Apollo Reports Third Quarter 2022 Results
Apollo issued a full detailed presentation of its third quarter ended September 30, 2022 results
11/01/2022
TD Asset Management Launches New Alternative Mutual Fund
The new TD Alternative Risk Focused Pool offers investors a comprehensive, multi-asset investment solution featuring enhanced diversification to help manage performance across market conditions
11/01/2022
Truist awarded $60 million New Markets Tax Credit allocation to support community development projects
The NMTC Program helps economically distressed communities attract private investment capital.
11/01/2022
Franklin Templeton Completes Acquisition of Alcentra, One of the Largest European Alternative Credit Managers
Transaction increases Benefit Street Partners’ assets under management to $75 billion and Franklin Templeton’s alternative assets under management to $260 billion
10/28/2022
Principal Financial Group® Announces Third Quarter 2022 Results
Declares fourth quarter common stock dividend
10/28/2022
Taurus Investment Holdings and Aegon Asset Management Close Second and Third Multifamily Investments Through Recently Established ESG-Centric Partnership
Situated in the booming Tampa and Orlando submarkets, the additional investments will focus on decarbonization retrofits through Taurus affiliate, RENU Communities
10/28/2022
Nuveen to acquire Arcmont Asset Management in $1bn deal
The combined capabilities of Arcmont and Churchill will create one of the world’s largest private debt managers, with more than $60 billion in combined committed capital, bringing Nuveen’s firmwide alternative credit assets under management to
10/28/2022
Richardson Wealth Advisors Named to List of Canada's Top Wealth Advisors
In partnership with SHOOK Research, this annual list identifies the most effective and successful financial advisors in the country.
10/27/2022
Chubb posts $1.2bn in cat losses for Q3
Consolidated net premiums written, which include P&C and life insurance, grew over 17% in constant dollars.
10/27/2022
Manulife Investment Management announces acquisition of industrial warehouse in Fort Worth, TX
The Dallas-Fort Worth-Arlington area is currently the fourth largest metropolitan statistical area in the United States, having grown by approximately 24% since 2010.
10/27/2022
Market Turbulence Has Only Solidified Hedge Funds’ Favorite Research Providers
Morgan Stanley repeats atop this year’s All-America Research Team: Hedge Fund Cut.
10/27/2022
BlackRock raises $4.5 billion for climate fund amid fossil fuel criticism
The new fundraise comes amid criticism of the investor over its stance on fossil fuels and refusal to stop ploughing cash into coal, oil and energy projects.
10/27/2022
Nuveen to Acquire Arcmont Asset Management, a Leading European Private Debt Manager
Creates Nuveen Private Capital – one of the world's largest private debt platforms, broadening capabilities and accelerating growth in Europe, North America
10/26/2022
Citizens Business Conditions Index Bounces Back in Q3
The proprietary activity data of Citizens’ commercial banking clients, another underlying component of the CBCI, also reflected strength in the quarter.
10/26/2022
Allstate Selects Voya Investment Management for Portfolio Mandate
In addition, as part of the agreement, Allstate will transition approximately seven employees who constitute their commercial mortgage team to Voya Investment Management (Voya IM).