NewEdge Wealth launches ultra-high-net-worth investment platform by Released | Aug 8, 2023 NewEdge Wealth has launched NewEdge Investment Solutions.
StepStone Private Wealth launches infrastructure fund by Andrea Zander | Aug 8, 2023 StepStone Private Wealth has launched StepStone Private Infrastructure Fund, an evergreen interval fund that can be purchased on a daily basis. STRUCTURE has begun accepting subscriptions and expects to hold its initial closing in the third quarter 2023.
WaterBridge NDB, Devon Energy form strategic Delaware Basin Produced Water Partnership by Released | Aug 8, 2023 WaterBridge NDB, a portfolio company of Five Point Energy, has announced the formation of NDB Midstream, a strategic partnership with WPX Energy Permian, a subsidiary of Devon Energy Corp.
KKR to acquire Simon & Schuster from Paramount Global for $1.62b by Released | Aug 8, 2023 Paramount Global has signed a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.
Revelstoke Capital Partners raises $1.7b for third fund by Released | Aug 8, 2023 Revelstoke Capital Partners has completed the successful fundraising for Revelstoke Capital Partners Fund III.
Neuberger Berman Alternatives to acquire significant minority stake in Entrust Solutions Group by Released | Aug 8, 2023 Neuberger Berman has agreed to acquire a significant minority stake in ENTRUST Solutions Group.
Goldman Sachs Asset Management makes infrastructure investment to Synthica Energy by Released | Aug 8, 2023 Synthica Energy has closed on a large equity investment from the infrastructure business within Goldman Sachs Asset Management.
New NCREIF/CREFC Open-End Debt Fund aggregate offers transparency to open-end debt fund performance by Released | Aug 8, 2023 The CRE Finance Council (CREFC) has been working with the National Council of Real Estate Investment Fiduciaries (NCREIF) to introduce a measure tracking the performance of open-end debt funds financing commercial and multifamily real estate.
Wealth for Late Boomers decline says research by Andrea Zander | Aug 7, 2023 The Great Recession appears to have taken a greater toll on late boomers’ wealth than on earlier cohorts.
Uptick of overall U.S. CMBS delinquencies in July, office rises further by Released | Aug 7, 2023 The U.S. CMBS delinquency rate increased by one basis point (bp) to 1.92 percent in July from 1.91 percent in June as the continued rise in office delinquencies was offset by strong hotel resolution volume, according to Fitch Ratings.