Richard Weintraub joins Citi to lead family office group, Americas by Lewis Dayton | Mar 21, 2024 Richard Weintraub has been hired by Citi Private Bank to be head of the family office group for the Americas, according to multiple media sources.
Yieldstreet launches new solutions with Wilshire Advisors by Released | Mar 21, 2024 Yieldstreet has made a strategic partnership with Wilshire Advisors that intends to open investors’ access to institutional-quality alternative investments.
Fed holds rates steady at March meeting by Lewis Dayton | Mar 21, 2024 The Federal Open Markets Committee (FOMC) has decided to keep the target federal funds rate steady at 5.25 to 5.50 percent at its March meeting.
Almost a fifth of UHNWIs plan to invest in CRE in 2024, Knight Frank report finds by Lewis Dayton | Mar 21, 2024 Knight Frank’s 2024 Wealth Report shows that almost a fifth of ultra-high-net-worth individuals (UHNWIs) plan to invest in commercial real estate this year, and more than a fifth are planning to buy residential property.
Monroe Capital expands platform to Middle East with new hire by Released | Mar 21, 2024 Monroe Capital has announced it has expanded its platform to the Middle East with the appointment of Waleed Noor as managing director and head of Middle East distribution. Monroe is in the process of opening an office in Abu Dhabi. Noor will be based in Abu Dhabi and be responsible for representing Monroe throughout the region.
Fed holds rates steady at March meeting by Lewis Dayton | Mar 21, 2024 The Federal Open Markets Committee (FOMC) has decided to keep the target federal funds rate steady at 5.25 to 5.50 percent at its March meeting.
Walton Global acquires 118-acre parcel north of Denver for residential development by Released | Mar 20, 2024 Walton Global, a real estate investment and land asset management company, recently announced the acquisition of Johnstown Crossing, a 118-acre parcel with adequate water rights within Johnstown, Weld County, Colorado. Intended for both single-family and multi-family homes, the Johnstown Crossing property is well situated within a path of growth to support the region’s surge in population.
Crystal Capital Partners unveils new website and features by Lewis Dayton | Mar 20, 2024 Crystal Capital Partners, a turn-key alternative investment platform, has launched a new website and improved user website.
B Capital closes Opportunities Fund II at $750m by Andrea Zander | Mar 20, 2024 B Capital, a global multi-stage investment firm, has closed its B Capital Opportunities Fund II with $750 million, nearly doubling the size of its predecessor, B Capital Opportunities Fund I. The Fund received strong participation from both existing and new investors and represents a diverse global base of well-known private and public pensions, family offices, high-net-worth individuals and sovereign wealth funds.
Raymond James Financial names Paul Shoukry President and CEO successor by Released | Mar 20, 2024 The Raymond James Financial board of directors announced that as part of its multi-year succession planning process, effective immediately, Paul Shoukry, CFO, is appointed president of Raymond James Financial.