Min Huang joins Morgan Stanley’s China investment management division by Lewis Dayton | Apr 16, 2024 Min Huang has joined Morgan Stanley to lead its China investment management division, multiple media sources have reported.
Citizens Financial Group hires Paul Casey as head of wealth management by Released | Apr 16, 2024 Citizens Financial Group has announced that Paul Casey will join the bank as head of wealth management, effective July 9. In this role, he will focus on accelerating Citizens’ strong and growing momentum in wealth, an increasingly critical component of the bank’s strategy following the launch of Citizens Private Bank in the fall of 2023.
Schroders Capital adds heft to its private debt and credit alternatives team by Released | Apr 16, 2024 Schroders Capital, the specialist private markets division of the Schroders Group, has announced the expansion of its Private Debt and Credit Alternatives (PDCA) business with two senior appointments. Following the merge of the firm’s private debt and alternative credit strategies onto a shared platform last year, these hires reflect the strong client demand for income and income alternatives, and with Schroders Capital more broadly, these two appointments continue the firm’s strong momentum — specifically with the recent hires of Ingo Heinen as global head of business development and product and Allen Chilten as global head of real estate capital formation.
Franklin Templeton’s shift into the private market sphere by Lewis Dayton | Apr 16, 2024 Responding to the changing investment landscape, Franklin Templeton over the past five years has shifted more of its investments into private markets and now manages more than $260 billion of alternative assets, reported Miriam Gottfried for The Wall Street Journal.
Duo breaks from Merrill to launch Vincita Investment Partners by Released | Apr 15, 2024 Vincita Investment Partners has announced its launch as an independent investment advisory firm.
Partners Group acquires strategic minority stake in Trinity Investments by Released | Apr 15, 2024 Partners Group, a leading global private markets firm, has agreed to acquire a strategic minority stake in Trinity Investments, a U.S.-based hospitality-focused real estate investor, to support its future growth. Partners Group will initially target a $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity’s North American, European, and special situations investment platforms.
Hamilton Lane expands presence in Canada by Released | Apr 15, 2024 Hamilton Lane has expanded its footprint in Canada, relocating to a larger office in Toronto's Financial District.
Allura Capital announces partnership to form real estate investment firm focused on individual investors by Released | Apr 15, 2024 Allura Capital has formed a partnership with Targeted Real Estate Equities and Holly Pond Capital to provide attractive real estate investment opportunities to high-net-worth individuals.
GoldenTree Asset Management hires John Edenbach by Released | Apr 15, 2024 GoldenTree Asset Management has hired John Edenbach as managing director, based in New York.
Student housing preleasing continues historic pace, reports Yardi Matrix by Released | Apr 15, 2024 The average student housing preleasing rate for Yardi 200 schools reached 61.5 percent, marking an increase of 450 basis points year-over-year, according to the latest Yardi Matrix National Student Housing Report.