William Blair expands wealth management offering in San Francisco, Denver by Kali Persall | Jun 2, 2023 William Blair, a premier global boutique specializing in investment banking, investment management and private wealth management, has expanded the firm’s private wealth management offices in San Francisco and Denver by adding two new wealth teams.
CaliberCos partners with Skyway Capital Markets by Kali Persall | Jun 2, 2023 CaliberCos, a vertically integrated alternative asset manager, has expanded its capital markets initiatives through a partnership with Skyway Capital Markets.
Job gains of 339,000 in May exceed expectations by Loretta Clodfelter | Jun 2, 2023 The U.S. economy added 339,000 jobs in May — considerably more than forecast — and the unemployment rate ticked up to 3.7 percent, according to the Bureau of Labor Statistics.
Cambridge Associates appoints president and head of global investing by Kali Persall | Jun 2, 2023 Cambridge Associates has appointed Samantha Davidson as its president and head of global investing, starting in July.
PureWest Energy completes $1.84b merger with family office consortium by Kali Persall | Jun 1, 2023 PureWest Energy, a Denver-based independent natural gas–producer, has completed a $1.84 billion all-cash merger with a newly formed entity sponsored by a private consortium of family offices and financial institutions.
Invesco joins Private Advisor Group’s WealthSuite platform by Kali Persall | Jun 1, 2023 Invesco has joined Private Advisor Group’s investment management platform WealthSuite.
CI sells stake in wealth management business to diversified roster of institutional investors by Kali Persall | Jun 1, 2023 CI Financial Corp., a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia, has sold a 20 percent stake in its U.S. wealth management business to a diversified group of institutional investors for C$1.34 billion ($1 billion).
The high price of parking cash by Mike Consol | Jun 1, 2023 Parking your fixed-income assets in cash may seem like a safe choice in today’s volatile investing environment, but it’s actually a risky proposition. Here are three reasons why sitting on the sidelines can be a dangerous game.
SPONSORED: Clarion Partners — Benefits of private real estate in volatile markets by Sheila Hopkins | Jun 1, 2023 Tim Wang, managing director and head, investment research, and Julia Laumont, vice president, investment research at Clarion Partners, explains how the inclusion of private CRE in multi-asset portfolios can decrease volatility, hedge against inflation and generate durable income, resulting in better outcomes for private wealth clients and defined contribution plan participants.
3650 REIT originates $103m mezzanine loan for multifamily recapitalization by Kali Persall | Jun 1, 2023 Commercial real estate lender 3650 REIT has originated a mezzanine loan of more than $103 million for the recapitalization of a 12-asset portfolio of U.S. multifamily assets.
Shifting economic forces bring changes to family office investment plans by Mike Consol | May 31, 2023 While family offices are fundamentally long-term investors, respondents to a survey by BlackRock and Illuminas reflected a desire to refine their approach in today’s changing economic and geopolitical landscape.
Argosy Real Estate Partners acquires opportunity zone site for multifamily project in Austin by Released | May 31, 2023 Argosy Real Estate Partners, in partnership with Presidium, has acquired an approximately seven-acre opportunity zone site in Austin for the development of a 307-unit multifamily community.
Energy and natural resources executives expect temporary slowdown in decarbonization rate by Released | May 31, 2023 While energy and natural resources executives remain bullish on their long-term ambitions toward net-zero carbon, they anticipate a short-term slowdown in the rate of decarbonization due to turmoil in energy markets in the past year, according to Bain & Co.’s third annual Global Energy and Natural Resources report.
Office market sees greater emphasis on flexibility by Loretta Clodfelter | May 31, 2023 Flexibility is the name of the game for the office sector in the post-pandemic era. The hybrid work model — employees dividing their time between home and office — has come to dominate the market, and flexible office solutions are stepping in to support greater flexibility in where employees work.
AI drives demand for semiconductor manufacturing space by Loretta Clodfelter | May 31, 2023 On a global basis, demand for semiconductor space has grown significantly in the past decade, and the rise of artificial intelligence (AI) is likely to drive even more demand.
