J.P. Morgan Asset Management partners with iCapital by Released | Mar 5, 2024 J.P. Morgan Asset Management has partnered with iCapital to open up access for Asia Pacific wealth managers and their clients to JPMAM’s private market investment capabilities, covering asset classes including private equity, infrastructure, transportation and real estate.
Global survey points to growing optimism among private market investors as headwinds ease by Released | Mar 5, 2024 For the fourth consecutive year, respondents believe that private markets’ superior ability to navigate short-term volatility and economic uncertainty make them more resilient than their public market counterparts, according to Adams Street Partners in its fourth annual Global Investor Survey.
Modern Wealth Management DOI praises infrastructure; doubts number of fed cuts by Lewis Dayton | Mar 5, 2024 Modern Wealth Management and its director of investments, Stephen Tuckwood, are seeing robust opportunities in alternative vehicles in the infrastructure and private debt sectors, according to a recent article and interview with Citywire.
Rockefeller Capital Management hires Christopher Kirk as managing director by Lewis Dayton | Mar 5, 2024 Rockefeller Capital Management has announced the appointment of Christopher Kirk, a respected industry leader with 30 years of experience, as managing director and head of investment & client solutions. Most recently, at Wellington Management, Kirk served as president of both Wellington Alternative Investments and Wellington Funds U.S., with broad responsibilities for business and investment performance.
Morgan Stanley Wealth Management launches private markets transaction desk by Lewis Dayton | Mar 5, 2024 Morgan Stanley Wealth Management has launched a new concierge service to enable eligible shareholders and investors to buy and sell private company shares in the secondary market.
Global Infrastructure Partners wraps up fundraising for dedicated emerging markets fund at $2.1b by Kali Persall | Mar 5, 2024 Global Infrastructure Partners (GIP) has completed fundraising for its dedicated emerging markets fund, GIP Emerging Markets Fund I, garnering more than $2.1 billion of aggregate committed capital.
CAIA Association announces plans to develop modernized core ethics principles by Released | Mar 5, 2024 The Chartered Alternative Investment Analyst (CAIA) Association, the global professional body for the alternative investment industry, has opened a comment period for a new set of ethical principles, which marks a milestone for the association. Recognizing the ongoing transformation within the investment industry, the CAIA Association identified the necessity for a set of ethics principles specifically crafted to address the growth and evolution of alternative investments. These principles aim to reaffirm the CAIA Association's distinct position as a leader in the industry.
NEPC survey shows “retirement crisis” is real, but resolvable by Andrea Zander | Mar 5, 2024 NEPC has released its 18th annual edition of its Defined Contribution (DC) Plan Trends and Fee Survey, which examines current plan investment trends, features and innovations across major sectors and how these plans have evolved over the years. Respondents to the 2023 survey include 128 clients representing $259 billion in aggregate assets and 2.6 million plan participants.
Easterly Asset Management announces partnership with Harrison Street by Released | Mar 4, 2024 Easterly Asset Management, a multi-affiliate platform for high-performing boutique investment managers, has announced a strategic partnership with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with $56 billion in assets under management as of Dec. 31, 2023. Headquartered in Chicago and London, Harrison Street will join Easterly to provide alternative real assets across North America and Europe to clients and expand Harrison Street’s offerings to the private wealth space.
Jay Olander appointed president and CFO at Capital Square by Released | Mar 4, 2024 Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, has announced that Jay Olander has joined the company as president and CFO. He also serves as CFO and treasurer of Capital Square Apartment REIT, a real estate investment trust sponsored by the company. An established leader in the real estate industry with expertise in the REIT and multifamily sectors, Olander brings more than 40 years of proven expertise to Capital Square.
CEO pleads guilty in $658m Ponzi scheme run via real estate fund by Lewis Dayton | Mar 4, 2024 Thomas Nicholas Salzano, the shadow CEO of National Realty Investment Advisors (NRIA), admitted last week to a $658 million Ponzi scheme orchestrated to defraud more than 2,000 investors, announced U.S. Attorney Philip R. Sellinger.
MAI Capital Management acquires LWS Wealth Advisors by Andrea Zander | Mar 4, 2024 MAI Capital Management, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, has acquired LWS Wealth Advisors.
Vanguard CEO Tim Buckley to retire by Andrea Zander | Mar 4, 2024 Tim Buckley, Vanguard CEO and chairman, will step down by the end of the year, ending a 33-year career at the firm.
Chris Zollo joins Audubon as a senior managing director of investor relations by Andrea Zander | Mar 4, 2024 Chris Zollo has joined Audubon as a senior managing director of investor relations.
Elda River Capital Management announces spin-off from Magnetar by Kali Persall | Mar 4, 2024 Elda River Capital Management has launched as an independent real assets-focused investment firm.
