iCapital and Bain Capital Credit partner to expand access to alternative investments by Released | Apr 15, 2024 iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, has announced a partnership with Bain Capital Credit, a leading global credit specialist, to provide financial advisers and high-net-worth investors with access to a suite of Bain Capital Credit’s private credit strategies via iCapital’s technology platform.
New life science market report highlights record-high CRE delivery by Andrea Zander | Apr 12, 2024 A record 3.1 million square feet of purpose-built laboratory product was delivered in the top three markets — Boston, San Diego and the Bay Area — during the fourth quarter 2023, according to Newmark in its 2023 Year-End National Life Science Market Overview.
Morningstar: What advisers need to know about interval funds by Andrea Zander | Apr 12, 2024 Since the global financial crisis, fund managers have explored new vehicles, such as interval funds are unlisted closed-end funds with controlled liquidity, according to Morningstar.
Brookfield Asset Management in talks to buy stake in Castlelake by Andrea Zander | Apr 12, 2024 Brookfield Asset Management is in advanced talks to buy a majority stake in private credit manager Castlelake, according to Bloomberg, citing people with knowledge of the matter.
How affluent investors think about adviser affiliation by Lewis Dayton | Apr 12, 2024 Affiliation with “a large, national organization” is favored among affluent investors currently working with an advisor (39%) and those unadvised (32%), according to a new Cerulli Associates report, titled, Adviser affiliation matters to affluent investors. In both groups, this option is more heavily favored by wealthier respondents, who also tend to skew older, reflecting a greater comfort level with established brands.
How KKR is capitalizing on interest in alternatives by Lewis Dayton | Apr 12, 2024 KKR is projecting that alternative investments, which amounted to $4 trillion in 2022, could be as high as $15 trillion by 2027, going from 2 percent of private wealth investment to 6 percent, writes Kenneth Corbin in a recent story for Barron’s following KKR’s investor day.
Kimberly Ann Flynn made president at XA Investments by Lewis Dayton | Apr 12, 2024 Kimberly Ann Flynn has been promoted to president at XA Investments (XAI).
Fidelity launches three actively managed liquid alternatives ETFs by Released | Apr 12, 2024 Fidelity Investments has announced the launch of three actively managed liquid alternatives (alts) ETFs: Fidelity Dynamic Buffered Equity ETF (FBUF), Fidelity Hedged Equity ETF (FHEQ), and Fidelity Yield Enhanced Equity ETF (FYEE). The options-based ETFs are listed on CBOE and available commission free for individual investors and financial advisors through Fidelity’s online brokerage platforms today, adding to Fidelity’s $14 billion alts lineup.
NorthBridge raises nearly $950m for NB Partners Fund IV, surpassing $800m target by Andrea Zander | Apr 11, 2024 NorthBridge Partners and Park Madison Partners have held a final close of NB Partners Fund IV, LP.
Catalyst Investment Partners closes $186.9m in LP commitments for Catalyst IOS Fund II by Andrea Zander | Apr 11, 2024 Catalyst Investment Partners, a leading IOS-focused investment manager, has held a final close of Catalyst IOS Fund II oversubscribed with $186.9 million in LP commitments.
