06/16/2021
BlackRock and iCapital Network Expand Existing Partnership to Broaden Private Market Access to Wealth Managers Internationally
The partnership will focus on the distribution of global private market funds
Alternative Investments
06/16/2021
Trinity Investments Closes $520 Million Fund to Invest in Value-Add Hospitality Assets
Trinity GP Fund I L.P. to target upscale and luxury hotels in the top 25 U.S. markets
06/15/2021
Evolving Forces: Executive Summary
The U.S. retirement market, the world’s largest, is maturing as transformative trends continue to play out.
06/09/2021
Sound Point Capital Acquires CVC Credit’s U.S. Direct Lending Unit
Terms of the transaction were not disclosed. As part of the agreement, Sound Point has hired a team of nine investment professionals from CVC Credit who together manage a portfolio of approximately $1 billion of assets.
06/08/2021
Private equity brushes off past club deal woes with $34B Medline buyout
The deal comes after US private equity firms amassed approximately $721 billion in dry powder as of June 30, 2020 following years of record fundraising outputs.
06/08/2021
Hightower's Leah Jones Named to InvestmentNews' 2021 '40 Under 40' List
Leah takes the time to really understand her clients' needs and goals and works with them to accomplish whatever 'well-th rebalanced' looks like for them.
06/07/2021
Bond traders glimpse taper-talk roadmap that revives volatility
Tapering looms large for financial markets because the Fed has signalled that it will be a precursor to actual rate increases.
06/07/2021
Hub International Acquires Retirement And Private Wealth Book Of Business In Texas
This move continues to strengthen Hub RPW with the addition of talent and resources to develop more comprehensive strategies for clients.
06/07/2021
J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital
Firm hires two new Managing Partners, Christopher Dawe and Osei Van Horne, to lead new growth equity initiatives
06/04/2021
EmployBridge to be Acquired by Apollo Funds
Subject to satisfaction of customary closing conditions including regulatory approvals, the transaction is expected to be completed by July 2021.
06/04/2021
Golfer Rory McIlroy partners with eBay founder to invest in insurtech Kin
This additional investment takes the total raised to $69.2 million for the round.
06/04/2021
TD Asset Management Inc. Announces Portfolio Adviser Change for Two Funds
The investment objectives of the Funds will be executed through a strategy utilizing a concentrated portfolio of U.S. securities.
06/03/2021
Blackstone to Acquire International Data Group, a Leading Market Intelligence and Data Platform for the Technology Industry
IDG, Inc. and its subsidiaries have made multiple recent acquisitions to further increase its capabilities for its customers.
06/02/2021
KKR and TIGA Investments to Acquire The Executive Centre
Investment to enhance TEC’s position as one of the leading premium flexible workspace providers across the fast-growing economies of Asia Pacific and the Middle East, with more than 32,000 members in 32 cities
06/02/2021
State Street Bolsters Global Relationship with Aberdeen Standard Investments By Servicing ETF Funds
State Street’s innovative approach to ETF servicing will empower Aberdeen to not only expand its ETF franchise domestically and globally, but also create new efficiencies through provider consolidation.
06/02/2021
BTG Pactual buys Brazil investment shop and broker-dealer
Empiricus has over 425,000 customers while Vitreo has over $11bn reais in custody assets, a volume that grows at a rate of approximately 4% per month, the bank added.
06/02/2021
Austral Re acquires Markel Brazil businesses
With the approval of the regulatory body, Austral Re will integrate Markel’s operation in Brazil, incorporating the reinsurer’s processes and staff into its team.
06/01/2021
Franklin Templeton Canada Launches New Fund Leveraging 35 Years of Global Real Asset Investment Expertise
Real assets are positioned to participate in wider economic growth
06/01/2021
SLGI Asset Management Inc. announces proposed changes to select mutual funds
As part of the termination, a special distribution will be paid today, May 31, 2021, to investors in Sun Life Excel India Balanced Fund on record as of May 28, 2021 (the "special distribution").
06/01/2021
Artisan Partners: “First Republic Bank has Executed Impressively Through the Pandemic”
While the company could benefit from higher interest rates in a strong economy, our thesis is centered primarily on the company’s opportunity to further penetrate its existing markets