Steward Partners joins forces with Mainstay Wealth Management by Kali Persall | Nov 20, 2024 Steward Partners, an employee-owned, full-service independent partnership catering to family, institutional and multigenerational investors, has expanded its presence in New Jersey with the addition of the Mainstay Wealth Management team, according to Barron’s.
Belveron Partners closes seventh real estate fund at $354m by Kali Persall | Nov 20, 2024 Belveron Partners, a privately held real estate investment management firm focused on the preservation and creation of affordable housing assets, has announced the final close of its seventh fund, Flagship Fund VII, with $354 million in capital commitments.
Partners Group gives wealth management industry access to next-generation infra fund in Canada by Kali Persall | Nov 20, 2024 Partners Group has introduced an access vehicle to Partners Group Next Generation Infrastructure for eligible accredited Canadian investors.
RIA firms Savant Wealth Management and Sortino Advisory Partners announce combination by Released | Nov 20, 2024 Savant Wealth Management, a fee-only registered investment adviser (RIA), has acquired veteran-owned Sortino Advisory Partners, a fee-only RIA based in Louisville, Ky., with $239 million in assets under management and $135.7 million in assets under advisement.
REIT balance sheets appear strong, active managers focus on digital transition in the third quarter by Elise Mackanych | Nov 20, 2024 In third quarter 2024, REITs demonstrated well-structured debt, according to Nareit’s REIT Industry Tracker.
California RIA and accounting firm come together through acquisition by Kali Persall | Nov 19, 2024 Allworth Financial, a registered investment adviser based in Folsom, Calif., has acquired CCA, LLP, a full-service accounting firm offering a broad range of services for business owners, executives and professionals, based in Pleasant Hill, Calif.
Osyte raises $4m to drive AI-powered investment automation and optimization for multi-asset portfolios by Kali Persall | Nov 19, 2024 Osyte, developer of an AI-powered multi-asset portfolio management technology, has closed its seed round, raising $4 million to drive AI-powered investment automation and optimization for multi-asset portfolios.
PREP Securities shores up distribution team with the addition of three senior sales professionals by Kali Persall | Nov 19, 2024 PREP Securities shores up distribution team with the addition of three senior sales professionals
State Street Global Advisors forms strategic relationship with Bridgewater Associates by Released | Nov 19, 2024 State Street Global Advisors, the asset management business of State Street Corp., is joining forces with Bridgewater Associates, one of the world’s preeminent asset managers, to widen access to core alternative investment strategies.
JLL Income Property Trust fully subscribes $100m diversified DST by Released | Nov 19, 2024 JLL Income Property Trust, an institutionally managed daily NAV REIT with approximately $6.6 billion in portfolio equity and debt investments, has fully subscribed JLLX Diversified V, DST.