Solid job growth in March, but trade tensions cloud outlook by Andrea Zander | Apr 8, 2025 Total nonfarm payroll employment rose by 228,000 in March, while the unemployment rate held steady at 4.2 percent, the U.S. Bureau of Labor Statistics reported.
Steward Partners appoints Jason Bourgo as president of Southwest division by Released | Apr 7, 2025 Steward Partners, a full-service, employee-owned, independent financial services firm, has announced that Jason Bourgo has joined the firm as divisional president of the southeast division.
Montego Minerals launches Montego Capital Fund 4 by Elise Mackanych | Apr 7, 2025 Montego Minerals has announced its launch of Montego Capital Fund 4, its fourth income and growth fund. This $75 million offering is focused on acquiring mineral assets in West Texas.
NewEdge Advisors brings on former Merrill Lynch employees to new Destin, Fla., branch by Elise Mackanych | Apr 7, 2025 NewEdge Advisors brings on Destin, Fla., based team of Tim Krueger, Cory Fosdyck, Jerry Brown, Collin McCall and associates.
NYC office sector experience strong leasing activity by Andrea Zander | Apr 7, 2025 New York’s office-leasing market experienced a strong first quarter 2025, with leasing volume reaching 8 million square feet, contributing to a 31 percent increase in leasing volume year-over-year compared to first quarter 2024, according to JLL.
Asset managers continue to favor private markets, according to Deloitte’s recent survey by Released | Apr 7, 2025 According to new research from global asset management strategy consultant Casey Quirk, a Deloitte business, publicly listed asset managers continued to acquire and partner with other asset managers, including private markets firms, in 2024 as they sought to defend fees and grow assets under management.
Carson Group launches independent firms in Arkansas and Louisiana by Released | Apr 4, 2025 Carson Group, a wealth advisory firm with nearly $41 billion in assets under management (AUM), has announced that financial advisers Abigail Hollar and Drew Johnson have joined Carson Group to launch independent firms in Little Rock, Ark., and Prairieville, La., respectively.
Monark and ViewTrade partner to increase access to private markets by Released | Apr 4, 2025 Monark, an application programming interface (API) platform providing broker-dealers and wealth management platforms seamless access to private markets, has announced a distribution partnership with ViewTrade.
Office valuations remain under pressure by Andrea Zander | Apr 4, 2025 The office sector continues to face difficulties, but there is a distinct separation in performance between the amenity-rich premier office assets and the older, lower-quality buildings where few employees have returned to the office, according to S&P Global Market Intelligence in its U.S. Office Market report.
Former Blackstone global head Jonathan Pollack joins Starwood Capital as president by Released | Apr 4, 2025 Prior to joining Starwood Capital, he most recently worked at Blackstone Group, where he served as global head of the firm’s real estate credit business (BREDS) since 2016.
Infrastructure firms explore new strategies for expansion as asset class gains popularity by Kali Persall | Apr 4, 2025 Boston Consulting Group (BCG) has released a report on the state of private infrastructure investing, titled Infrastructure Strategy 2025:Â How Investors Can Gain Advantage as the Asset Class Matures.
Goldman Sachs launches new evergreen private equity fund for wealthy investors by Released | Apr 3, 2025 Goldman Sachs Alternatives has launched its G-PE fund, part of its ‘G-Series’ suite of open-end private markets funds that benefit from the firm’s 36-year track record as a leader in private investing.
HarbourVest Partners launches HarbourVest Private Investment Fund by Released | Apr 3, 2025 HarbourVest Partners has launched its HarbourVest Private Investment Fund (HPIF).
JPMorgan Private Markets Fund joins Schwab Alternative Investment platform by Released | Apr 3, 2025 J.P. Morgan Asset Management has announced that its JPMorgan Private Markets Fund has been added to the Schwab Alternative Investment OneSource platform.
Northern Trust launches ultra-high-net-worth services, Family Office Solutions by Released | Apr 3, 2025 Northern Trust Wealth Management is expanding its family office suite of services by launching Family Office Solutions, a new offering designed to provide ultra-high-net-worth families with customized financial and wealth management services without requiring a standalone office.
