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Private equity reshaping sports ownership

by Andrea Zander | Apr 23, 2024

Sports team ownership is undergoing a significant transformation, with private equity firms like Arctos and RedBird actively pursuing minority stakes in various franchises, according to a D Magazine article by Ben Swanger, the managing editor for D CEO.

BNY Mellon Collaborates with Accenture to modernize financial services offerings

by Released | Apr 23, 2024

BNY Mellon, the global financial services company, is collaborating with Accenture, a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use leading technologies to unleash the power of data at new speed to help their joint clients drive accelerated growth.

Coho’s private wealth team forms Aurdan

by Andrea Zander | Apr 22, 2024

The private wealth team at Coho Partners, a primarily institutional registered investment advisor with $7.5 billion in assets under management, has formed Aurdan Capital Management, reported Financial Advisor.

Arete Wealth Management pays $1.1m in claims against firm

by Andrea Zander | Apr 22, 2024

Arete Wealth Management, a broker-dealer with a focus on alternative investments, over the first three months of the year has paid settlements of more than $1.1 million related to investor claims against the firm, reported Investment News, sourcing a filing.

Greenwood Capital adds First Trust Capital Management’s product offerings to lineup of alternative investments

by Released | Apr 19, 2024

Greenwood Capital has formed a strategic alliance with First Trust Capital Management L.P., helping expand access to alternative investment strategies to its financial advisers. The new relationship marks a significant step forward in providing a broader range of alternative investment opportunities for Greenwood Capital’s advisors in support of their efforts to diversify client portfolios. Greenwood Capital and First Trust Capital Management share a commitment to provide the tools and resources to deliver a tailored, streamlined experience to investing in alternatives.

Uncertainty heading into Bitcoin’s fourth halving

by Lewis Dayton | Apr 19, 2024

With projections that the Bitcoin halving will happen sometime between April 19 and 20, many investors will be watching the currency’s price in the coming days to see how the market responds to further scarcity.
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