Survey: Investors will favor private equity over hedge funds for next few years by Released | Nov 7, 2018 The 12th annual survey (formerly the EY Global Hedge Fund Survey) found that 20 percent of investors plan to decrease allocations to hedge funds in 2018, which continues a multi-year trend of slowing allocation appetite for hedge fund products.
Private equity proves pivotal in family portfolios by Released | Nov 7, 2018 Private equity accounts for 22 percent of the average family office portfolio worldwide, according to the Private Equity Investing and Co-Investment Activity by Family Offices report by Campden Research in partnership with global investment firm KKR.
BroadRiver raises $876m for third life settlement fund by Released | Nov 7, 2018 BroadRiver Asset Management LP, the New York–based alternative fixed-income asset manager, has closed its third longevity fund.
Hamilton Lane secures $7.5m for first impact fund by Andrea Zander | Nov 7, 2018 Hamilton Lane has raised $7.5 million for it Hamilton Lane Impact Fund.
Greystar, Credicorp closes $100m multifamily fund by Andrea Zander | Nov 7, 2018 Greystar Real Estate Partners and Credicorp Capital, an investment bank in the Andean Region, have closed Fondo de Inversión Credicorp Capital Renta Residencial II with aggregate equity commitments of more than $100 million in September.
Former UBS executive joins Beacon Pointe by Released | Nov 7, 2018 Beacon Pointe Advisors has hired Michael Dow, CFA, CPA, as CIO.
REITs fall nearly 3% in ‘red’ October by Loretta Clodfelter | Nov 7, 2018 October was ugly for the stock market, which makes U.S. REITs’ drop last month of 2.97 percent, according to the FTSE Nareit Equity REITs Index.
FactRight enters new partnerships to expand into alternative investment platforms by Andrea Zander | Nov 6, 2018 FactRight has partnered with advisory firms Kalos Financial and BCJ Financial to help expand their businesses into alternative investment platforms.
Private equity firm turns unpaid health bills into big payout by Andrea Zander | Nov 6, 2018 Private equity firm Pamplona Capital Management has set up a $290 million credit line from pulling capital from drug testing company Parexel International Corp.’s existing debt, a company it bought in 2017.
CMBS delinquency rate increases for first time in six months to 3.42% in October by Jody Barhanovich | Nov 2, 2018 In October, the Trepp CMBS Delinquency Rate took a timeout from its consistent improvement, according to Trepp.
Trammell Crow, CBRE alums launch medical properties firm by Andrea Zander | Nov 1, 2018 New Texas real estate company Fidelis Healthcare Partners, an affiliate of Fidelis Realty Partners, has plans to develop and purchase medical properties.
Pershing launches managed accounts product for RIAs by Released | Nov 1, 2018 BNY Mellon’s Pershing Advisor Solutions announced that Managed360®, a turnkey managed account solution designed to help advisers realize increased efficiencies and drive scale, is now available to its clients.
Blackstone backs fintech platform iCapital Network by Andrea Zander | Nov 1, 2018 Blackstone Group has made an investment in iCapital Network, the financial technology platform democratizing alternative investments.
$75m opportunity zone fund targets Brooklyn by Release | Nov 1, 2018 Viceroy Equities has formed the B’KOZ Opportunity Zone Fund. The B’KOZ Fund will invest exclusively in projects in Opportunity Zones in Brooklyn.
The ConAm Group names president and CEO by Released | Nov 1, 2018 The ConAm Group, a San Diego–based real estate investment, development and services firm, has appointed Rob Singh to CEO in addition to his role as president.
