Farmland LP announces strategic acquisition of three prime farms in Northern California by Released | Jul 29, 2024 Vital Farmland III, a fund managed by Farmland LP, has acquired three properties in Northern California’s Sacramento Delta for a total of $35.6 million.
Post Oak Minerals acquires $475m of Permian Basin–focused minerals and royalties by Released | Jul 29, 2024 Post Oak Minerals V (POM V), an affiliate of Post Oak Energy Capital, has completed 10 acquisitions with a total value of more than $475 million since the beginning of 2024, primarily in the Permian Basin.
REPORT: PE asset-raising narrowly outpaces credit in June by Andrea Zander | Jul 29, 2024 Open-end, closed-end and separately managed accounts (SMAs) saw traction in June as alternative asset managers collected over $65 billion globally.
Inland fully subscribes $76.7m senior living DST by Released | Jul 29, 2024 Inland Private Capital Corporation (IPC) has announced the completion of a more than $76 million capital raise for the private investment offering of Minneapolis MSA Senior Living Portfolio DST, an IPC-sponsored Delaware statutory trust
GeoWealth secures growth investment round led by BlackRock by Released | Jul 29, 2024 GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), has closed a $18 million growth investment led by BlackRock.
SS&C Technologies adds services to its alts solutions platforms by Lewis Dayton | Jul 29, 2024 SS&C Technologies Holdings’ Geneva platform is now offering an investor fee builder feature to help users put custom fee structures for complex, open-ended funds into place.
First Business Bank reports on second quarter, private wealth assets increase by Lewis Dayton | Jul 29, 2024 First Business Bank has reported its second quarter results, revealing that the bank’s private wealth assets grew to $3.249 billion, up $341.5 million, or 11.7 percent, from the previous year.
Dynasty Financial Partners appoints Leslie Dentinger Norman as CTO by Released | Jul 26, 2024 Dynasty Financial Partners today announced the promotion of Leslie Dentinger Norman to Chief Technology Officer. Previously, Norman served as Deputy Chief Technology Officer, responsible for directing the strategy and delivery of the technology solutions used across the Dynasty Network.
Morgan Stanley Wealth Management combines three NYC offices by Lewis Dayton | Jul 26, 2024 Morgan Stanley Wealth Management has appointed Patrick Langone and John Palazzetti as co-market executives for Greater New York City, reported Mason Braswell for AdvisorHub.
Savills: Prime office rents 31.4% higher than those for class A offices by Released | Jul 26, 2024 According to Savills in its latest quarterly Prime Office Costs report, gross prime office rents in major cities around the world have risen 3 percent in the past year (second quarter 2023 to second quarter 2024) while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 3.8 percent, as the structural trend towards seeking high quality premium office space continues. London (West End), Hong Kong, and New York (Midtown) remain the top three locations of the 35 markets Savills examines, compared to first quarter 2024.
