12/21/2015
Third quarter sees hedge funds suffer biggest loss in four years
Falling energy and equity prices spur 4.2 percent slump in HFRI Fund Weighted Composite Index
Alternative Investments
12/21/2015
Sun Life closes part of wealth product range
Sun Life Financial International, part of Canada’s giant Sun Life Financial Inc, said it will no longer accept new applications for two of its key wealth products -- Sun Secured Advantage Plus and Sun Investor.
12/17/2015
TriState Capital to Expand Its Chartwell Investment Management Business with Acquisition of The Killen Group
Strategic acquisition increases Chartwell revenues to more than $44 million and AUM to more than $10 billion --
12/17/2015
Hanmi Financial Withdraws Proposal to Combine With BBCN Bancorp
Hanmi also considered the $40 million break-up fee provision in the Wilshire agreement
12/17/2015
Enriquez Wealth Management in business
Nathan works as a sales associate, but he is working to obtain his own license.
12/16/2015
Top Mutual Fund Manager Seeks Sustainable Growth Companies
We invest only when they are selling at a significant discount to our estimate of intrinsic value.
12/16/2015
Related Companies Raises $1 Billion for Real Estate Fund
Related is expected to report on Tuesday that it had received equity commitments of more than $1 billion
12/16/2015
American fund could take over three banks in Romania
If the US fund manages to buy all three local banks, it will reach a share of 4.1% in the Romanian banking system.
12/16/2015
Deutsche Asset & Wealth Management Acquires Iconic San Francisco Property for One of Its Funds
The iconic property is located at the intersection of Powell and Market Streets and services San Francisco’s major employment and tourist destinations of Union Square, Mid-Market, SoMa, and the Financial District.
12/16/2015
Salman Partners investment broker to shut down
In this environment, Salman Partners has made the decision to voluntarily resign from IIROC.
12/15/2015
Centaurus Diamond Engages Investment Banking Firm, NMS Capital Advisors, LLC
NMS Capital has been working with the Company's senior management over the past nine months
12/15/2015
Blackstone Capital Partners VII Raises $18 Billion
Blackstone’s private equity business manages more than $91 billion in equity as of the end of the third quarter 2015.
12/15/2015
What Led to the Demise of Third Avenue’s Focused Credit?
The firm said it will pay out a distribution to shareholders on Dec. 16
12/15/2015
MUFG acquires UBS AFS business
MUFG Investor Services completes acquisition of UBS Asset Management's Alternative Fund Services business.
12/15/2015
Ex-JPMorgan exec Blythe Masters is raising a new round for her blockchain startup
While financial institutions have made it easier to make trades, actually exchanging securities and money between the two parties, a process known as settlement, takes days.
12/15/2015
Global Financial Private Capital Ranked Among Top 100 Registered Investment Advisors of 2015 by WealthManagement.com
The rankings are based on total assets under management and represent the largest advisory firms nationally.
12/15/2015
Battered, Apologetic and Still Pitching Their Hedge Funds
Some lost so much of their investors’ money this year that they have written apology letters.
12/15/2015
Large Asset Managers Follow Rebound in Junk Bonds
High-yield debt reverses some of the steep declines seen in recent days
12/15/2015
UC names Sacramento tech, sports entrepreneur to lead $250 million investment fund
As reported earlier this month, the fund is designed to support innovative research at the multi-campus university system.
12/14/2015
Dubai’s Palm Jumeirah set for LA-style ‘super villas’
The trend for lavish villas and mansions has already proven to be controversial in Los Angeles