New York Life Investment Management to acquire majority ownership stake in Invictus Capital Partners by Released | Sep 30, 2026 New York Life Investment Management (NYLIM), a global asset management firm with approximately $838 billion in assets under management, and Invictus Capital Partners, a U.S. single-family residential credit investment manager with more than $20 billion in gross assets under management, have jointly announced that they have entered into a definitive agreement for NYLIM to acquire a majority ownership stake in Invictus.
Waverly Advisors acquires Heartwood Wealth Advisors by Released | Sep 29, 2026 Waverly Advisors, a federally registered investment adviser that specializes in investment management, financial planning and wealth management services for high-net-worth individuals, families, corporate retirement plans and institutional clients, has acquired Heartwood Wealth Advisors, a wealth management firm based in Richmond, Va., with approximately $1.7 billion in assets under management.
Northwestern Mutual launches family office services, enabling firms to comprehensively serve ultra-high-net-worth clients by Released | Sep 29, 2026 Northwestern Mutual is announcing Family Office Services, a new integrated offering designed to serve select clients with more coordinated, multigenerational financial planning.
Griffin Capital fully subscribes $59.9m multifamily DST in Kansas City, Mo. by Released | Sep 29, 2026 Griffin Capital Co., a private real estate investment manager and Griffin Capital affiliate, has announced that its Griffin Union Berkley Multifamily DST fully subscribed its $59.9 million offering of Union Berkley, a 407-unit, class A multifamily community in Kansas City, Mo.
Raymond James expands model portfolios to support advisers serving high-net-worth clients by Released | Sep 29, 2026 Raymond James is expanding its Private Wealth platform by further enhancing the investment resources, specialized expertise and support for financial advisers serving high-net-worth and ultra-high-net-worth clients.
Treasury, IRS issue proposed regulations on installment payments for tax on certain farmland sales by Released | Sep 29, 2026 The Department of the Treasury and the Internal Revenue Service today issued proposed regulations for taxpayers who sell or exchange qualifying farmland to qualified farmers and elect to pay the tax on the gain in four equal annual installments.
Elevest Capital launches Fund 70, a 229-unit high-rise multifamily offering in downtown Dallas by Released | Sep 28, 2026 Elevest Capital, a Scottsdale-based private equity firm focused on passive multifamily real estate investing, has announced the launch of Fund 70, a 229-unit, 35-story high-rise apartment community in an A+ location in downtown Dallas.
DTCC and iCapital collaborate to advance private market infrastructure, expand access and support the industry’s next phase of growth and scale by Released | Sep 28, 2026 The Depository Trust & Clearing Corp. (DTCC), the post-trade market infrastructure for the global financial services industry, and iCapital, a global fintech company shaping the future of investing, have announced a strategic collaboration to advance the infrastructure supporting private markets.
Northern Trust Wealth Management expands Family Office Solutions team in New York by Released | Sep 28, 2026 Northern Trust Wealth Management is expanding its Family Office Solutions team in New York with the addition of Robert Ludricks III as managing director – Northeast region, and Olof Akesson as investment director.
Slate Grocery REIT enters into definitive agreement to be acquired by Brixmor, Everview Partners for $2.3b by Released | Sep 28, 2026 Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, announced that it has entered into a definitive arrangement agreement (the arrangement agreement) with a joint venture (the purchaser) between Brixmor Property Group and affiliates of Everview Partners, pursuant to which the purchaser will acquire all of the issued and outstanding trust units of the REIT (the units and the holders thereof, the unitholders) for $13.00 in cash per unit (the consideration), representing a total enterprise value of approximately $2.3 billion (the transaction).
92 percent of CRE firms still haven’t integrated AI by Released | Sep 28, 2026 Commercial real estate firms are spending more on artificial intelligence and putting AI agents into real production work, but few have fully integrated the technology across their organizations.
AllianceBernstein appoints Onur Erzan president and CEO by Released | Sep 25, 2026 AllianceBernstein Holding (AB) has named Onur Erzan, its president, as president and CEO.
Former BlackRock director joins Freestone Capital Management as managing director by Released | Sep 25, 2026 Carolyn Barnette has joined Freestone Capital Management as a managing director on its investment team.
Altruist expands alternatives marketplace with pre-IPO investment opportunities by Released | Sep 25, 2026 Altruist, an AI-forward wealth technology and custody platform for financial advisers, has announced the expansion of its alternatives marketplace to include pre-IPO special-purpose vehicles.
Hyperion Realty Capital, GCM Grosvenor form partnership to scale grocery-anchored retail platform by Released | Sep 25, 2026 Hyperion Realty Capital, a vertically integrated real estate investment manager focused primarily on U.S. grocery-anchored retail, has formed a strategic partnership with GCM Grosvenor, a middle-market real estate platform builder and GP stakes investor.
