Former UBS Wealth Management Americas CEO joins Cetera board of directors by Released | May 13, 2024 Cetera Financial Group, a premier financial advisor Wealth Hub, announced today that Marten Hoekstra has joined its Board of Directors. Hoekstra has nearly 30 years of experience in leadership roles at UBS and its predecessor firm PaineWebber and has a deep understanding of the wealth management industry. As the newest member of Cetera's Board of Directors, he will be instrumental in guiding Cetera's organic growth strategies through recruitment, retention and asset growth.
Monarch Alternative Capital hires Kristina Kuhnke and Roddy Conner by Released | May 13, 2024 Monarch Alternative Capital, a leading investment firm with more than $14 billion of assets under management, announced that it has added two senior professionals to its Investor Relations and Business Development team focused on opportunistic credit and real estate. These additions to the team will further support Monarch's long-standing relationships and cultivate new partnerships with first-class investors globally.
MassMutual partners with iCapital to launch new customized platform by Andrea Zander | May 10, 2024 MassMutual has partnered with iCapital to launch a new customized platform designed to streamline financial advisors’ access to alternative investments
Principal survey reveals businesses set to grow, amid increased levels of optimism by Released | May 10, 2024 According to the latest Principal Financial Well-Being IndexSM (WBI), business owners, decision makers, and business leaders report strong levels of growth.
CEO confidence increased slightly in second quarter 2024 by Released | May 10, 2024 The Conference Board Measure of CEO Confidence in collaboration with The Business Council rose to 54 in second quarter 2024, up from 53 in the previous quarter
First Citizens Wealth launches enhanced private investments capabilities by Released | May 10, 2024 First Citizens Wealth has launched new enhancements to its private investments capabilities.
Bixby Land closes of Bixby Industrial Fund I by Released | May 10, 2024 Bixby Land Company recently closed its newly established Bixby Industrial Fund I.
HarbourVest Partners appoints John Toomey as CEO, Peter Wilson to retire in 2025 by Released | May 10, 2024 HarbourVest Partners has appointed John Toomey as CEO effective Oct. 1, 2024.
JLL study reveals three-day office week as dominant hybrid work pattern by Released | May 10, 2024 Office attendance continues to increase globally, according to JLL.
Hightower Advisors acquires stakes in Bitcoin ETFs valued at $68m by Andrea Zander | May 10, 2024 Hightower Advisors has purchased stakes worth a combined $68 million in six spot Bitcoin ETFs.
Integrated Partners appoints new president by Lewis Dayton | May 10, 2024 Andree Mohr has been promoted to president at Integrated Partners, she announced in a post on LinkedIn.
CION Ares Diversified Credit Fund announces $5b total AUM milestone by Released | May 9, 2024 CION Ares Management LLC (CAM) — a joint venture between affiliates of CION Investments, a manager and distributor of alternative investment solutions for individual investors, and Ares Management Corp. — has announced that the CION Ares Diversified Credit Fund (CADC) recently surpassed $5 billion in total assets under management.
S&P Global Market Intelligence global bank ranking: Chinese banks maintain dominance in 2023 despite economic headwinds by Released | May 9, 2024 Chinese banks maintained their dominance in the global largest lender rankings of 2023 despite a downturn in the property sector.
Alternative investments in 2024: J.P. Morgan suggestions on what to watch by Andrea Zander | May 9, 2024 A new report from J.P. Morgan recommends five alternative investment strategies that can potentially help investors capture returns and meet financial goals.
Industrial-focused net-lease REIT sells healthcare portfolio for $252m by Andrea Zander | May 9, 2024 Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, have acquired a portfolio of 37 healthcare properties from Broadstone Net Lease.
