Corporate pension plans embrace alternatives; 401(k) plans encounter access challenges, says Cerulli Survey by Andrea Zander | May 3, 2024 While corporate pension plans do allocate to alternative investments, reaching 12.4 percent in 2022, defined contribution may face greater constraints.
1031 Crowdfunding announces launch of Bridge Fund III by Released | May 3, 2024 1031 Crowdfunding has launched 1031CF Bridge Fund III.
Apollo Global Management originates $40b of private credit in Q1 by Andrea Zander | May 3, 2024 Apollo Global Management has originated a record $40 billion of private credit in first quarter 2024, according to the firm during its first quarter earnings call.
KKR: U.S. multifamily housing market sees opportunity amid cyclical challenges by Andrea Zander | May 3, 2024 Unlike in the office sector, the challenges in U.S. multifamily are cyclical rather than secular in nature, wrote Ralph Rosenberg, KKR’s global head of real estate.
Financial adviser practices that embrace technology surge in productivity and efficiency by Released | May 2, 2024 Adviser practices that are more extensively incorporating the use of technology within their practice are growing at faster rates than practices that are not.
Alterra Property Group close Alterra IOS Venture III with 925m raised by Andrea Zander | May 2, 2024 Philadelphia-based Alterra Property Group and New York City–based Park Madison Partners today announced the final close of Alterra IOS Venture III, which will invest in industrial outdoor storage (IOS) assets.
Matt Brancato named to new role Franklin Templeton by Andrea Zander | May 2, 2024 Matt Brancato has been appointed to a newly created role of head of broker-dealer alts sales on Franklin Templeton’s U.S. wealth management alternatives team.
Omega Advisors’ CEO sees financial crisis on horizon by Andrea Zander | May 2, 2024 Leon Cooperman, Omega Advisors’ CEO, believes the U.S. economy and financial markets are headed toward a financial crisis, though he shrewdly declined to put a date on the precise moment of collapse.
Crescent Private Wealth launches, supported by RFG Advisory by Andrea Zander | May 2, 2024 RFG Advisory, an innovator in the wealth management industry committed to serving independent financial advisers and their clients, has launched Crescent Private Wealth, a North Carolina–based wealth management firm founded and owned by Ahmad Quqa.
Huntington National Bank names Melissa Holding director of wealth management by Released | May 2, 2024 The Huntington National Bank has appointed Melissa Holding as director of wealth management.
Avantax acquires wealth management business of Integrated Tax & Wealth by Released | May 2, 2024 Avantax has acquired the wealth management business of Integrated Tax & Wealth Strategies.
F.L.Putnam expands Atrato Consulting Group with senior hire by Andrea Zander | May 1, 2024 Nicole Ford has joined F.L.Putnam Investment Management Co.’s consulting division, Atrato Consulting as director, operational due diligence.
American Estate & Trust to acquire DeFi Steward by Andrea Zander | May 1, 2024 DeFi Steward has been acquired by American Estate & Trust to form Atlas.
William Kelly to retire as CAIA Association CEO by Andrea Zander | May 1, 2024 William Kelly, Chartered Alternative Investment Analyst (CAIA) Association CEO, has plans to retire at the end of 2024.
Deloitte survey finds AI adoption moving fast, but organizational change is key to accelerate scaling by Andrea Zander | May 1, 2024 Nearly 4 in 10 (37 percent) leaders reported that their organizations were only slightly or not at all prepared to address talent concerns related to Generative AI adoption.
