Managers of Wealth Americas

Morgan Stanley Alternative Investment Partners Raises Over $225 Million for Private Markets Income Fund I

These investment strategies are frequently backed by real, financial or intellectual property assets.

Prelude closes new fund to acquire founder-owned businesses

Prelude noted that they will be conducting a national search for great businesses and will be extremely active in the marketplace

Hedge funds and private equity pressured to cut fees

The most sure-fire way to enhance returns is to reduce fees

Carlyle Shutters DGAM Hedge Fund-of-Funds Unit It Bought in 2014

DGAM co-founders George Main and Warren Wright will leave after they wind down the Toronto-based business, which oversees less than $2 billion in fee-paying client assets.

Wagner Wealth Management has been named the Greenville Chamber’s Small Business of the Month for February 2016.

The firm was opened in 2007 and currently employs 11 individuals.

No prospective buyers lining up, and Aurora is steadily dimming

A buyer for the former high-flying, institutionally oriented hedge funds-of-funds manager, which has seen a swift, steep decline in assets, has yet to emerge.

Waud Capital raises biggest fund yet

This latest fund attracted more than twice as much money as the prior third fund, which drew $487 million in 2011.

George Soros Net Worth: His Secret to Making Over $24 Billion

He currently plans to hand control of Soros Fund Management over to his son, Robert, later this year.

Money Management Institute expands workplace diversity initiative

MMI's Gateway to Leadership program places minority college students in paid internship positions with financial services industry firms.

Citadel slims down as torrid markets deliver losses

Surveyor invests across seven industry sectors including entertainment, energy, healthcare and technology, according to the company’s website.

Brinker Capital Launches its First Destinations Collective Investment Trust in Partnership with The Guardian Life Insurance Company of America

New Solution Builds upon Brinker Capital’s 10 years as a Retirement Plan Service provider, and over 20 years as the provider of Destinations’ disciplined investment process

Fund managers hike cash to pre-2001 levels but it signals a buying opportunity, say experts

Professional investors have taken cash allocations to their highest levels in almost 15 years amid the turmoil in global markets but some argue that the market correction looks overdone.

Ex-Reed Smith Partner Forms Three-Lawyer Tax Boutique in LA

He joined Reed Smith in 2010 as an income partner and was promoted to equity partner

Hedge Funder’s Gate Not ‘Friendly’

It was built without site plan approval.

BNY Mellon's Pershing Introduces New Independent Recordkeepers to Growing Retirement Plan Network

New firms selected for value they bring to advisor-centric models, ability to help firms more efficiently manage data

US expects over $35bn Qatari investments: Envoy

The senior US diplomat also said that if one really wants to see the growth of trade and economic ties, one needs to just enter a mall to see American products

Savanna unveils 106 West 56th Street high-rise office plan

The seller will remain in the existing building for up to 12 months.

Canoe Completes O'Leary Asset Acquisition

The acquisition continues Canoe's trajectory as the fastest-growing independent mutual fund company in Canada.

Savanna reveals plans for boutique luxury office building on Billionaires’ Row

Architecture firm Perkins Eastman has been tapped to design the project, which will feature Central Park views for floors above the 15th floor.

Lincoln Memorial, nearing 100, to get multimillion-dollar overhaul

The memorial, which attracts 7 million visitors a year, will remain open during the work, although parts of it may be closed off from time to time.

Alternative Investments