Summit Financial enhances open-architecture private markets offering by Released | Apr 18, 2024 Summit Financial has announced enhancements to its private markets offering.
Amundi and Victory Capital announce plan to establish a strategic partnership by Lewis Dayton | Apr 18, 2024 Amundi has announced a strategic partnership with Victory Capital that will see Amundi U.S. combined into Victory in exchange for shares that will make Amundi Victory’s largest shareholder, with a stake of 26.1 percent.
Canadian government to require more extensive crypto reporting in 2026-2027 by Lewis Dayton | Apr 18, 2024 The Canadian government has announced intentions to put into effect the Crypto-Asset Reporting Framework (CARF) that the OECD agreed to in August 2022, reported Jonathan Got for Investment Executive.
Eric Pickens joins Constitution Capital Partners by Lewis Dayton | Apr 18, 2024 Eric Pickens has joined Constitutional Capital Partners, an alternative asset manager singularly focused on middle-market private equity and direct lending, as a senior vice president, he announced in a post on LinkedIn.
ExchangeRight’s Net-Leased All-Cash 2 DST is fully subscribed by Released | Apr 18, 2024 ExchangeRight, one of the nation's leading providers of diversified real estate DST and REIT investments, has fully subscribed Net-Leased All-Cash 2 DST, a $24.84 million offering of net-leased real estate for investors seeking a debt-free 1031 exchange strategy designed to produce stable income, provide tax advantages and offer flexible exit options with the potential for enhanced returns.
JLL Income Property Trust completes full cycle transactions in DST Platform by Released | Apr 18, 2024 JLL Income Property Trust has announced the full cycle UPREIT of three additional Delaware Statutory Trust (DST) programs from its JLL Exchange platform, which offers reinvestment opportunities to 1031 exchange investors. In a 721 UPREIT transaction, real estate can be exchanged on a tax-deferred basis for partnership interests in a REIT, offering the potential for owners of the exchanged property to achieve greater diversification, current income and appreciation.
Industrial new supply continues to push vacancy higher: Leasing remains healthy by Released | Apr 18, 2024 Overall industrial vacancy rate rose another 60 basis points since the close of 2023 to 5.8 percent, according to the latest data by Cushman & Wakefield.
Macquarie Green Energy and Climate Opportunities Fund acquires six companies and projects by Released | Apr 17, 2024 Macquarie Asset Management has agreed for Macquarie Green Energy and Climate Opportunities Fund to acquire a portfolio of six solar, wind, energy storage and natural climate solutions investments.
Baron Capital announces leadership changes by Released | Apr 17, 2024 Baron Capital announced that Linda Martinson is planning to step down as president and COO at Baron Capital after 41 years of service. She will assume an advisory role with the firm to ensure a smooth transition. David Baron and Michael Baron, vice presidents and portfolio managers at Baron Capital, will assume the roles of co-presidents. The firm also announced Rachel Stern will join Baron Capital as chief operating officer. All changes will be effective June 3. David Baron, Michael Baron and Stern will report to Ron Baron, chairman and CEO of Baron Capital.
Toyota Ventures raises $300m to expand investments in frontier technology and climate solutions by Released | Apr 17, 2024 Toyota Ventures, the early-stage venture capital arm of Toyota, has announced two $150 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation.