Time Equities launches TEI Quarterly Debt Fund by Released | Sep 19, 2024 Time Equities Inc. (TEI) has launched the TEI Quarterly Debt Fund, a TEI sponsored investment opportunity structured as a $100 million debt offering that provides investors with an attractive short-term yield and the ability for investors to access liquidity on a quarterly basis.
Kenny Gatliff joins Real Assets Adviser editorial advisory board by Andrea Zander | Sep 19, 2024 Kenny Gatliff, CFA, has joined the editorial advisory board of Real Assets Adviser.
Fed cuts key interest rate by 50bps by Loretta Clodfelter | Sep 19, 2024 The Federal Open Market Committee approved a cut of 50 basis points in the target federal funds rate — to a new range of 4.75 percent to 5.0 percent — at its meeting in September, citing an “uncertain” economic outlook, as it moves to balance its goals of high employment and low inflation.
PWC: Three key actions to stay ahead of the competition by Released | Sep 18, 2024 Managers have to overcome several hurdles to enter or scale into the retail alternatives market, and success is not guaranteed, according to a PWC report.
Axxes Capital launches interval fund to provide accredited investors access to the private equity asset class by Released | Sep 18, 2024 Axxes Capital has launched the Axxes Private Markets Fund, a registered interval fund that seeks to provide accredited investors with a portfolio of direct access co-investments and secondaries through an investor-friendly vehicle that can be purchased on a daily basis.Axxes Capital has launched the Axxes Private Markets Fund.
Interval Fund Expert Paul Dunn to join XA Investments senior advisor team by Released | Sep 18, 2024 XA Investments has welcomed Paul Dunn as a senior adviser.
Griffin Capital completes construction of multifamily community in Nashville by Andrea Zander | Sep 18, 2024 Griffin Capital Co. has completed construction on The Scottie, a 320-unit multifamily community in Nashville, according to DI Wire.
EP Wealth Advisors continues national expansion with acquisition of Atlanta-based CornerCap Investment Counsel by Released | Sep 18, 2024 EP Wealth Advisors has announced the acquisition of CornerCap Investment Counsel, LLC, based in Atlanta.
CFT Capital announces final close for CFT Capital Partners Fund II at $781.2m by Released | Sep 17, 2024 CFT Capital Management has held a final close for its second co-investment fund, CFT Capital Partners Fund II, with approximately $781.2 million in capital commitments.
Brookfield, Castlelake complete strategic partnership transaction by Released | Sep 17, 2024 Brookfield Asset Management and Castlelake have closed a $1.5 billion strategic partnership.
Two Morgan Stanley veterans join Merrill by Andrea Zander | Sep 17, 2024 Jim Oberheide and Brandon Schlesinger, leaders of the Oberheide-Schlesinger Group at Morgan Stanley, are joining Merrill Private Wealth Management, reported Financial Planning.
Genna Brounstein, Jennifer Cahill join Easterly in newly created roles by Released | Sep 17, 2024 Easterly Asset Management has appointed Genna Brounstein and Jennifer Cahill as senior vice presidents of private market sales.
BNY to launch Alts Bridge platform broadening investor access to alternative products by Released | Sep 17, 2024 The Bank of New York Mellon Corporation (BNY) plans to launch Alts Bridge.
Hines hires John Caruso as managing director for PWS by Released | Sep 17, 2024 John Caruso has been named managing director and head of strategic accounts for Hines Private Wealth Solutions.
BlackRock sets up new Global Direct Lending division, appoints Stephan Caron by Andrea Zander | Sep 17, 2024 BlackRock has plans for a new division, Global Direct Lending, and is appointing Stephan Caron, head of the European middle-market private debt business, to lead it, reported Bloomberg.