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Alternative Investments

07/12/2024

Earned Wealth Announces $200 Million Capital Commitment to Redefine Financial Services for Healthcare Professionals

Summit Partners and Silversmith Capital Partners lead investment to accelerate expansion, beginning with the acquisition of industry leader Thomas Doll

07/11/2024

CW Advisors Accelerates Expansion with Acquisition of Cubic Asset Management

The deal adds over $700 million of AUM to CWA.

07/11/2024

Manulife Investment Management Closes Manulife Private Equity Partners II in partnership with AlpInvest

Globally, Manulife IM's private equity and credit platform has more than US$25 billion in assets under management focused on primary funds, equity co-investments, secondaries, senior credit and junior credit in North America and Asia middle markets.

07/11/2024

State Street Secures Mandate Win with Galapagos Capital

State Street will leverage its robust infrastructure and global capabilities to deliver these services, helping Galapagos Capital to optimize investment operations

07/11/2024

CI Financial Corp. Announces Final Results of Substantial Issuer Bid

Immediately following the completion of the Offer, there are 146,383,085 Shares issued and outstanding.

07/11/2024

State Street Global Advisors Launches Gold Fund Amid Surging Global Demand for the Precious Metal

New low cost gold fund for Australian investors

07/10/2024

Private equity drives a hard bargain in bank rescues

The numbers are tilted in favour of the Wall Street vultures stumping up capital

07/09/2024

Key takeaways from the INREV North American Conference 2024

Every market has been affected by the current shifting investment landscape rippling across the globe.

07/09/2024

MetLife Investment Management Closes $1.2 Billion Private Equity Partners Fund II Through Managed Transaction

New fund extends MIM’s private equity platform for institutional investors

07/09/2024

Goldman Sachs leads $36m Series C funding round for Canoe Intelligence

This latest round for Canoe represents a 3x increase in company value since its Series B funding in 2023.

07/08/2024

KKR seeks $20 billion for new North America buyout fund

The new KKR fund is called North America Fund XIV and began its marketing to investors earlier this month, the sources said.

07/08/2024

Here's how much money Americans in their 30s have in their 401(k)s

To be fair, many Americans are stretching their funds to cover a number of expenses which may impact their ability to save more for retirement.

07/08/2024

Global Finance Names Fifth Third Best Treasury and Cash Management Bank

Transformation in treasury and cash management is virtually non-stop.

07/08/2024

Stocks Rise With Earnings Expectations at Record: Markets Wrap

If the S&P 500 finishes higher on Monday, it will be its 35th record this year.

07/05/2024

TD Announces Increase to Non-Viability Contingent Capital AT1 Perpetual Notes Issue

The second tranche will carry the same terms

07/05/2024

AIG sells Corebridge Financial shares worth over $56 million

Investors and market watchers often look to such sales as indicators of a company's strategy and confidence in its investments.

07/05/2024

US equity funds see upbeat demand on rate cut expectations

Investors sought large-cap funds in particular as they drew inflows of about $8.46 billion, extending net purchases into a second week

07/04/2024

RBC to Pay $75K over Mutual Fund Fee Waivers, Rebates

The company allegedly relied on a faulty automated system for issuing waivers and rebates through rights of reinstatement offered by mutual fund companies, according to Finra.

07/03/2024

Cantor Fitzgerald and Silverstein Properties Announce Joint Venture with Turnbull Development, LLC for Opportunity Zone Development in Summerville, SC

This highly anticipated project will have immediate and long-lasting impacts on Summerville and provide a connected, community-oriented environment where people can live, convene, and enjoy.

07/03/2024

Hedge funds react to geopolitical uncertainty

Goldman Sachs says funds dumped European stocks last month.

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