09/27/2017
Trivest Partners Closes Latest Private Equity Fund, at $600M
With the new fund, Trivest will continue to target founder/family-owned businesses in the manufacturing, distribution, business/healthcare services and consumer industries
Alternative Investments
09/27/2017
Kovack Securities, Inc. To Serve As Broker-Dealer And Wealth Management Solutions Provider To Capital Guardian In New Strategic Alliance
Capital Guardian's 35 Financial Advisors to Affiliate with Kovack's Broker-Dealer for All Commission Activities
09/26/2017
Louis Dreyfus's $1.4 Billion Commodity Hedge Fund to Shut
While hedge funds on average gained 5.4 percent this year through August, commodities money pools lost 0.5 percent
09/26/2017
John Hancock Investments enhances advisor coverage model
The enhanced coverage model is enabling the firm to be more strategic in its territory design
09/26/2017
The Astonishing Return Of Steven Cohen
The billionaire investor was barred from accepting investor capital unit Jan. 1. However, every indication suggests he'll be back in 2018. But don't expect Cohen to employ 'expert networks' this time around. The SEC will be watching.
09/25/2017
Hellman & Friedman launches $5.3bn Nets A/S takeover bid
Deal is largest European leveraged buyout in almost five years
09/25/2017
Former Management Team of Sprott Asset Management Launch Ninepoint Partners LPName change represents final stage of management-led buyout of diversified assets business
Our plan is to continue managing as well as developing investment products that address some of the bigger portfolio challenges that investors face.
09/25/2017
American low-cost fund giant Vanguard is now pulling in £2 million per day in the UK
Vanguard’s fees for customers are capped at £375 per year.
09/25/2017
AIG to restructure into three new units, marking CEO's first big move
Two of those businesses will be led by longtime colleagues Duperreault recruited to AIG in July.
09/25/2017
SunTrust Brokerage Shakeup Creates Waves of Management Changes
The restructuring has had immediate repercussions.
09/25/2017
Barron’s Names JNBA Financial Advisors CEO Richard S. Brown to Its List of Top 100 Independent Financial Advisors for Third Year
Bloomington-based JNBA is Only Minnesota Wealth Management Firm on 2017 List
09/25/2017
SunTrust Announces Sale of Premium Assignment Corporation
Lazard served as the financial advisor to IPFS Corporation.
09/22/2017
Neuberger Berman acquires Breton Hill Capital
BHC manages capital for an investor base of institutions, ultra-high net worth individuals and retail investors across various vehicles.
09/21/2017
Investor Satisfaction With Hedge Funds Rising Amid Allocation Uncertainty
While strong returns in 2017 have boosted investors’ short-term opinions.
09/21/2017
RBC Global Asset Management Inc. introduces seven new ETFs
The seven new index tracking ETFs are sub-advised by State Street Global Advisors, the investment management arm of State Street Corporation.
09/21/2017
Investment Adviser Association to form active managers council
Group will lobby to stave off rise of cheap passive funds
09/21/2017
WisdomTree Canada Expands Product Suite with Addition of Three New Funds
WisdomTree's Canadian product suite now covers U.S., Canadian, European and international equities in developed and emerging markets as well as Canadian fixed income.
09/21/2017
Wall Street’s Best-Kept Secret Is a 72-Year-Old Russian Chess Expert
For over two decades, Lev Alburt has been teaching strategy, patience, and prognostication to the finest in finance.
09/20/2017
MassMutual Sees ‘Tremendous’ Asia Opportunity With Yunfeng Deal
The company agreed last month to sell an Asian unit to a group of investors and gain a stake in Yunfeng.
09/20/2017
Guggenheim's CEO Is In Talks to Take Control of Unit in Shake-Up
CEO Walter may form company for personal assets, people say