Ares Management raises approximately $3.3b of real estate secondaries capital by Andrea Zander | Dec 5, 2023 Ares Management Corp. has raised approximately $3.3 billion of real estate secondaries capital.
J.P. Morgan Private Bank releases 2024 Global Investments Outlook by Released | Dec 5, 2023 J.P. Morgan Private Bank has released its 2024 Global Investments Outlook.
Jim McHale joins LPL Financial as chief compliance officer by Released | Dec 5, 2023 Jim McHale has joined LPL Financial as executive vice president and chief compliance officer.
Dave Donahoo promoted to head of U.S. wealth management alternatives at Franklin Templeton by Andrea Zander | Dec 5, 2023 Dave Donahoo has been promoted to head of U.S. wealth management alternatives at Franklin Templeton.
ALTÉRRA awards BlackRock mandate to invest $2b in climate-transition projects by Kali Persall | Dec 5, 2023 BlackRock and ALTÉRRA, the world’s largest private investment vehicle for climate change launched at the World Climate Action Summit, have forged a new partnership that will see $2 billion invested in climate opportunities across BlackRock’s private debt and infrastructure equity strategies.
SL Green announces sale of 625 Madison Avenue by Andrea Zander | Dec 4, 2023 SL Green Realty Corp. with its partners has entered into a contract to sell the fee ownership interest in 625 Madison Avenue.
DWS names new COO by Released | Dec 4, 2023 DWS Group has announced that Angela Maragkopoulou will end her assignment as COO by mutual agreement effective.
Walton Global sells 329-acre parcel for commercial office space in Spotsylvania County by Released | Dec 4, 2023 Walton Global has sold Cosner Tech Campus.
Brookfield Infrastructure Fund V closes at $30b, becomes the world’s largest closed-ended private infra fund by Kali Persall | Dec 4, 2023 Brookfield Asset Management has raised $30 billion for its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (BIF V), marking the world’s largest closed-ended private infrastructure fund and the largest fund ever raised by Brookfield.
CIM Real Assets & Credit Fund announces significant reduction in incentive fee by Released | Dec 4, 2023 CIM Real Assets & Credit Fund has agreed to a reduction in its incentive fee to 15 percent (from 20 percent), effective immediately.