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Alternative Investments

02/28/2022

Focus Financial Partners adds Azimuth Capital Management

“Our scale advantages, permanent capital, and extensive resources will assist Azimuth Capital in further accelerating the growth of its business.”

02/25/2022

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2021 Financial Results

Operating expense increased 22.9% to $387.4 million in the fourth quarter of 2021.

02/25/2022

Capital Group enters the ETF fray with series of active strategies

$2.7tn manager launched its first foray into highly competitive market.

02/24/2022

5th Century Partners Appoints Northern Trust

Relationship Extends Across Northern Trust Asset Servicing, Wealth Management and Asset Management Units

02/24/2022

Three Steward Partners Global Advisory Partners Named to America's Top Women Wealth Advisors List

"We are very proud of Liana, Judy, and Amy, and offer our sincere congratulations to them on this well-deserved recognition,"

02/23/2022

Private equity firm Apollo launches $100 million foundation

The process resembles how Apollo picks its deals and will ensure grassroots participation, the foundation's executive director Lauren Coape-Arnold said in an interview.

02/23/2022

Abrdn raises $90m so far for latest venture capital strategy

Abrdn Venture Partners XIII is creating a portfolio focused on life sciences and blockchain.

02/22/2022

Citizens Financial Group Closes Acquisition of HSBC East Coast Branches and National Online Deposit Business

The acquired branches have been re-branded as “Citizens.”

02/22/2022

Two-Thirds of Investors Cite Growth as Primary Financial Goal, Says New Data From Lincoln Financial Group as the Company Launches Fixed Annuity Product Enhancement

Investors have the benefit of higher asset growth potential with the new 1 Year BlackRock Dynamic Allocation Participation Plus account available with Lincoln OptiBlend® fixed indexed annuity contracts

02/22/2022

Apollo and Mubadala Investment Company Expand Partnership to Capitalize on Global Origination Opportunities

Platform Strengthens Apollo’s Origination Capability Across Asset Classes, Geographies and Industry Verticals, which Helps Make Apollo a Private Financing Partner of Choice

02/22/2022

CI Financial Reports Record Financial Results for the Fourth Quarter of 2021

All financial amounts in Canadian dollars as at December 31, 2021, unless stated otherwise. Financial amounts for the quarters and year ended 2021 are unaudited.

02/20/2022

M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement

Following the closing of the merger, the combined company will operate across some of the most populated and attractive banking markets in the U.S.

02/16/2022

SIMON Announces Strategic Investment from Citi

Citi is the latest market participant to make a strategic investment in SIMON, deepening the partnership between the two firms

02/16/2022

Mountain Capital, Merchant Align in Growth Partnership

Multi-office RIA to expand services to aviator clients through minority investment and new strategic resources

02/16/2022

Cincinnati Financial Reports Fourth-Quarter And Full-Year 2021 Results

The communities we serve through our insurance business saw a high number of weather-related catastrophes near the end of 2021

02/15/2022

LPL Financial, Synergy Wealth Alliance Welcome Two New Financial Advisors

The advisors chose to align with LPL and Synergy to establish a business continuity plan to help better serve their clients now and in the future.

02/15/2022

Why Large Pension Funds Are Investing In Private Real Estate

Large pension funds are competing with investors and homeowners to buy everything: single-family homes, multifamily, commercial spaces — few asset classes are exempt.

02/15/2022

Brazil's Itausa Q4 recurring profit jumps 53%

Recurring results attributed to Itausa's stakes in the financial sector were 2.725 billion reais, rising 15% year-on-year.

02/15/2022

Hedge Funds Are Starting to Win Over Allocators Once Again

Three yeas ago, institutions were moving away from hedge funds. That trend is starting to reverse, according to AIMA.

02/14/2022

Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction

The Aldar investment marks Apollo’s latest commitment to Abu Dhabi and the UAE.

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