State Street Global Advisors’ 2025 Global Market Outlook: Finding the right path by Released | Dec 10, 2024 State Street Global Advisors has released its 2025 Global Market Outlook: Finding the Right Path, outlining its macroeconomic outlook and key investment themes for the year ahead.
Bridge Investment Group makes new hires for HNWI business by Released | Dec 10, 2024 Bridge Investment Group Holdings has hired Mick Manning, Brian S. Rivera and Dawn Impellizzeri to expand the firm’s wholesaling efforts as they provide and distribute investment solutions to the wealth channel.
Pantheon expands U.S. private wealth offerings with evergreen infrastructure fund by Released | Dec 9, 2024 Pantheon has filed for registration of the AMG Pantheon Infrastructure Fund (P-BUILD), an innovative evergreen fund offering private wealth investors access to Pantheon’s specialist approach to private infrastructure secondaries investments.
Macquarie Asset Management announces partnership with Dow to launch Diamond Infrastructure Solutions by Released | Dec 9, 2024 A fund managed by Macquarie Asset Management has entered into a definitive agreement to acquire a 40 percent equity stake in select U.S. Gulf Coast infrastructure assets of Dow, Inc.
New CAIS and Mercer survey reveals widespread adoption of alternative investments among financial advisers by Released | Dec 9, 2024 Nine in 10 financial advisers surveyed (92 percent) currently incorporate alternative investments in client portfolios, with 91 percent planning to increase allocations over the next two years, according to the third annual independent survey conducted by CAIS and Mercer.
Cove Capital Investments acquires 68,400sf small-bay industrial asset by Elise Mackanych | Dec 9, 2024 Cove Capital Investments has announced an acquisition of a small-bay industrial asset in San Antonio as part of its debt-free Delaware Statutory Trust real estate portfolio.
Mubadala Capital to acquire Canada-based CI Financial by Elise Mackanych | Dec 9, 2024 Mubadala Capital, the private equity branch of the Abu Dhabi Investment Authority (ADIA), reached an agreement to take CI Financial private in an all-cash transaction valued at C$4.7 billion ($3.35 billion) in equity, with an enterprise value of C$12.1 billion ($8.6 billion).
DWS and MUFG commence $1b infrastructure debt strategic venture by Kali Persall | Dec 9, 2024 DWS and Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) have launched an infrastructure debt strategic venture to enhance their respective capabilities in underwriting and distributing infrastructure and alternative credit investments.
Paul Reilly sells shares, plans exit of Raymond James Financial by Andrea Zander | Dec 9, 2024 Last Monday, Paul Reilly, the chair and CEO of Raymond James Financial Inc., recently completed a stock sale, selling 50,000 shares of the company's common stock in an open market transaction, generating proceeds of approximately $8.37 million, reported Investment News.
Carson Group president Teri Shepherd steps down by Andrea Zander | Dec 9, 2024 Teri Shepherd, Carson Group president, has plans to step down, reported WealthManagement.com.
Wealth Enhancement Group to disaffiliate from LPL Financial by Andrea Zander | Dec 9, 2024 Wealth Enhancement Group (WEG), a Minneapolis-based registered investment advisor with more than $96 billion in client assets, is disaffiliating from LPL Financial, according to media outlets, confirming the plans.
Concurrent adds six new advisers by Released | Dec 9, 2024 Concurrent Investment Adviser, which reached $9.7 billion in assets under management, has added six new advisers and additional support staff.
Sightglass raises $3m seed round led by Base10 Partners for AI-powered investor relations platform for private markets by Released | Dec 9, 2024 Sightglass has raised a $3 million Seed funding round led by Base10 Partners.
J.P. Morgan’s Campbell Global acquires more than 40,000 acres of U.S. timberland by Released | Dec 9, 2024 J.P. Morgan Asset Management announced that institutional investors advised by the firm's wholly-owned timber investment manager, Campbell Global, have led the acquisition of 40,800 productive acres of high-quality, commercial timberland located on the Olympic Peninsula in northwest Washington state.
Sargent McGowan joins Brown Advisory as CIO by Andrea Zander | Dec 6, 2024 Sargent McGowan, CFA, has joined Brown Advisory as a partner and the CIO for U.S. Endowments and Foundations.
