J.P. Morgan Asset Management, iCapital to expand alternatives access for Canadian advisers by Kali Persall | Nov 15, 2024 J.P. Morgan Asset Management (JPMAM), a global asset manager with $240 billion in alternative assets under management globally, has announced a partnership with iCapital Network Canada, introducing access to the J.P. Morgan Private Markets Strategy for accredited investors in Canada.
The cooling conundrum: AI and automation to push data centers toward 3x energy growth by 2030 by Released | Nov 15, 2024 Digitalization, artificial intelligence (AI) and automation are intensifying demands on data center IT infrastructure, driving the need for effective cooling solutions. Rising computing power generates more heat, which in turn necessitates substantial increases in cooling capacity to maintain performance, stability and equipment lifespan.
Delaware statutory trust equity reaches $4.59b in year-to-date equity by Elise Mackanych | Nov 15, 2024 As of Oct. 31, the year-to-date equity raise for Delaware statutory trust offerings was more than $4.59 billion.
Aksia bolsters real assets team with addition of Michael Brand by Kali Persall | Nov 14, 2024 Michael Brand has joined Aksia, a firm that provides alternative investment solutions to institutional investors globally out of offices in North America, Europe and Asia, as managing director, strengthening its real assets platform.
Christopher Schelling becomes newest member of Real Assets Adviser editorial board by Kali Persall | Nov 14, 2024 Real Assets Adviser, a publication of Institutional Real Estate, Inc., has added Christopher Schelling, managing director of private investments at Caprock, to its Editorial Advisory Board.
Bill Glascott appointed managing director, head of alternatives housing at Clarion Partners by Kali Persall | Nov 14, 2024 Bill Glascott has joined Clarion Partners, a real estate investment manager, as managing director, head of alternatives housing.
PRP closes $291m financing of five-property logistics portfolio by Kali Persall | Nov 14, 2024 PRP, a Washington, D.C.–based investment management firm focused on credit net-lease investments, has closed on a $291 million single-asset, single-borrower CMBS loan backed by a five-property logistics portfolio.
The climate of construction in an uncertain 2025 by Elise Mackanych | Nov 14, 2024 Despite shifts in certainty from global movements, political transitions and natural disasters, the construction industry’s resilience proves to be steadfast in the outlook for 2025.
Goldman Sachs unveils expanded family office platform by Kali Persall | Nov 13, 2024 The Goldman Sachs Group has launched an evolved family office platform for its private wealth clients.
Jeff Sutton joins Citizens Private Wealth as head of investment platform and due diligence by Kali Persall | Nov 13, 2024 Jeff Sutton, the former global head of portfolio solutions and manager research at Citi, has joined Citizens Private Wealth as head of investment platform and due diligence.
Mercer Global Advisors announces acquisition of Waypoint Capital Advisors by Released | Nov 13, 2024 Mercer Global Advisors, a national registered investment adviser (RIA), has acquired Waypoint Capital Advisors, an investment advisory and financial planning firm that manages nearly $1 billion in client assets for ultra-high-net-worth (UHNW) individuals and families.
Wealthspire Advisors debuts Art InSpired initiative to grow awareness of the arts and collectibles by Kali Persall | Nov 13, 2024 Wealthspire Advisors, an NFP company and an independent registered investment adviser (RIA), is broadening its family office services business with the launch of Art InSpired, an initiative focused on promoting art through investor education.
Sales of service, logistics, hospitality and other robots rising worldwide by Mike Consol | Nov 13, 2024 Sales of robots for agriculture, hospitality, logistics, medical and professional service roles have risen globally by double digits, though their design, manufacture and adoption vary by region.
Vega raises $20m in series A round led by Apollo and Motive to scale its Vega AltOS platform by Kali Persall | Nov 12, 2024 Vega, an alternative investment technology startup company founded by a team of former executives from hedge funds, private equity firms and fintech scale-ups, has closed a $20 million series A funding round led by Apollo Global Management and Motive Partners.
Fed continues interest-rate cuts by Jennifer Molloy | Nov 12, 2024 The U.S. Federal Open Market Committee (FOMC) cut interest rates by an additional 25 basis points at its Nov. 7 meeting, providing it with flexibility as the labor market cools amid lower inflation, according to Barrons.
