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Alternative Investments

01/04/2019

Verily Announces $1 Billion Investment Round to Fund Growth and Innovation

“Adding a well-rounded group of seasoned investors, led by Silver Lake, will further prepare us to execute as healthcare continues the shift towards evidence generation and value-based reimbursement models.”

01/04/2019

Consulting firm Opens Miami Office

Eduardo Rabassa, previously Managing Partner of Amrop Miami, will lead the new team.

01/04/2019

Vanguard to liquidate $962.5 million balanced fund in March

Vanguard liquidated its Ohio Tax-Exempt Money Market Fund in 2017 and the U.K.-domiciled Ultra- Short-Term Bond Fund in 2018.

01/03/2019

Hedge fund DE Shaw eyes new ‘risk premia’ strategies

New York-based group aims to broaden products away from traditional absolute return approach

01/03/2019

DeVere to consolidate position in adviser market after US sale

The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds

01/01/2019

Weatherstone Capital Management to Join Focus Firm Carnick & Kubik; Insero Wealth Strategies to Join Focus Firm Buckingham Strategic Wealth

The Insero transaction is expected to close in the first quarter of 2019 and the Weatherstone transaction is expected to close in the second quarter of 2019, each subject to customary closing conditions.

12/28/2018

What Investment Advisers Are Saying On the Dow's 871-Point Bounce

Nancy Tengler, chief investment strategist at Tengler Wealth Management, which has around $450 million under management:

12/28/2018

RBC’s McGregor Eyes More Private-Equity Dealings to Gain Edge

McGregor sees better near-term deal-making in U.S. over Canada

12/27/2018

Global economy set to feel delayed trade war pain in 2019

And volumes are tipped to slow further even as the United States and China seek to resolve their trade spat, with companies warning of ongoing disruption.

12/27/2018

City, State Comptrollers Take Different Approaches on Pension-Fund Pressure

Environmental activists have said they plan to target Mr. DiNapoli with protests to convince him to move toward divestment.

12/27/2018

3 Predictions For RIAs And Fee-Based Advisors In 2019

The year 2018 also marked the 10-year anniversary of the 2008 financial crisis.

12/27/2018

A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages

Fir Tree bet that homeowners would keep paying loans, even against their interest

12/27/2018

Asset Manager Millennium Management Nabs 300K SF at 399 Park Avenue

Millennium Management will move its New York City headquarters from 666 Fifth Avenue to Boston Properties’ 399 Park Avenue, the landlord announced today.

12/27/2018

Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018

Hardly a month went by without news of the high-fee money managers -- young and old, running large and small shops, big and little-known names -- shutting down.

12/24/2018

Caisse de dépôt makes $247-million investment in Colombian pension firm

The deal brings the CDPQ's investments in Colombia to US$1 billion

12/23/2018

CDPQ and SURA announce a region-wide strategic partnership for Latin America

This transaction is a new step in the growing relationship between Grupo SURA, one of Colombia's largest multinational holding companies, and CDPQ, a leading global institutional investor managing nearly US$235 billion in assets.

12/20/2018

Blackstone's McCormick Sees Less Seed Deals, Larger Launches

McCormick, who took over running Blackstone Alternative Asset Management, or BAAM, at the beginning of the year, spoke with Bloomberg on Dec. 14. His comments have been edited and condensed.

12/18/2018

Robertson Stephens Unveils New Era with Long Arc Capital

The team at Robertson Stephens has created a wealth management offering with an excellent value proposition for both clients and advisors in the marketplace.

12/18/2018

Florida SBA Partners with J.P. Morgan Asset Management on Florida Growth Fund

The Florida Growth Fund is a legislatively-approved program providing capital to growth related businesses in Florida, having already committed over $750 million in Florida-based funds and direct private credit-related investments since commencing in 2009

12/14/2018

Goldman Buys Fund-of- Hedge Funds Manager

GSAM is buying a multi-billion-dollar manager of funds-of-hedge funds.

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