Managers of Wealth Americas

Hedge Fund Demand Is on Its Way Up, JPMorgan Survey Finds

About a third of respondents plan to boost allocations, up from 15 percent in 2018.

New Mexico Makes Historic Move into Infrastructure Debt

Despite a lower return profile, council opts to diversify into nascent infra strategy.

Expansionary U.S. hedge fund now hiring juniors in London

It's not clear whether Surveyor plans to make additional hires, but the fund is unquestionably growing in London.

Impact Investments Under Management Total $502 Billion

“Half a trillion dollars in impact investing assets is a sizable amount,” says Sapna Shah, director of strategy at the GIIN.

Ellevest Raises $33M in Funding

The company intends to use the funds to accelerate its growth — including investing in its technology, expanding into new product categories, and working with women to develop new, non-boring financial education.

Harvard to Invest $150 Million in Startup Buyout Fund

The new firm is led by Rajeev Amara, a former managing director who was with Golden Gate for 18 years

AIMA opens Washington DC office

The office, which opens this week, will support the association’s growing membership and government affairs work in the United States.

SkyBridge Opportunity Zone Real Estate Investment Trust Selects BNY Mellon to Provide Fund Administration Services

BNY Mellon chosen based upon its strength in real estate administration

Credit risk management crucial to a successful convertible arbitrage strategy

During equity market rallies, convertible bonds still give investors upside, but crucially, in a downturn, they provide an element of protection against equity-related risk.

Private equity delivers for NYC funds

Doñé attributed this to the impact of the legacy portfolio but said its anchoring impact on the broader allocation was waning.

The fund managers that have delivered 1,000% plus returns

A total of five fund managers have produced returns of over 1,000% during their 20 or more years in charge.

Hedge fund launches fall to 18-year low

Handful of largest managers scoop up bulk of cash inflows, squeezing new players

RIA buyers challenge private equity for deal dominance

That’s just behind the 22 deals Focus-owned firms completed and nine transactions for private equity-backed Mercer Advisors.

Fiera Capital to Acquires Asset Manager

Fiera Capital has sufficient cash on hand and available under existing credit arrangements to finance the cash portion of the Transaction consideration.

BlackRock close to buying risk platform eFront for $1.3bn

The acquisition would be part of the asset manager’s push into alternative investments

Asset managers slash expenses as ‘feemageddon’ bites

Average expense ratio of US equity mutual vehicles has almost halved since 2000

Global investors eye bigger slice of Chinese bond market

International bond investors have begun to notice the country’s recent moves to open up its markets

Cresset acquires Evanston Advisors

The acquisition bolsters Cresset’s overall scale and capabilities and creates access for Evanston’s clients to a broader range of sophisticated wealth management and family office services, and private investment opportunities.

Tower Arch Capital Closes Fund II at $450M

We are thrilled to have a supportive base of existing investors

Blackstone joins KKR and BlackRock in Mexico private equity fundraising

It was not immediately clear how much in total has been raised to date in Mexico by equity managers, which include Discovery Capital Management, General Atlantic, Partners Group, Lexington Partners and HarbourVest Partners.

Alternative Investments