Blue Owl co-CEOs highlight exceptional fee growth in second-quarter earnings by Andrea Zander | Aug 5, 2024 Blue Owl Capital’s assets under management stood at $192.2 billion at the end of the second quarter, reflecting a 28 percent year-over-year increase from $149.6 billion.
Fidelity introduces new technology offerings for small and midsize wealth management firms by Released | Aug 5, 2024 Fidelity Investments has announced two new technology offerings developed specifically for smaller and midsize registered investment advisers.
Investors Capital Group expands portfolio with acquisition of Desert Village Townhomes by Released | Aug 5, 2024 Investors Capital Group (ICG), a firm focused on multifamily real estate investments, has acquired Desert Village Townhomes in St. George, Utah, from CW Group for an undisclosed price above $50 million.
Zenith IOS announces second $700m JV with JP Morgan by Andrea Zander | Aug 5, 2024 Zenith IOS has closed its second industrial outdoor storage (IOS) joint venture with institutional investors advised by J.P. Morgan Asset Management.
Hines announces leadership promotions by Released | Aug 5, 2024 Hines has made several new team promotions.
Alternatives providers increasingly strike partnerships to gather retail assets by Released | Aug 2, 2024 While alternatives providers estimate that just 13 percent of their assets under management (AUM) is sourced from the retail channel, they expect it to climb to 23 percent in the next three years.
Sarah Creighton joins AssuredPartners vice president of alternative risk strategy by Andrea Zander | Aug 2, 2024 Sarah Creighton has joined AssuredPartners’ captives team as vice president of alternative risk strategy.
ShopOne and JV partners acquire two value-add grocery-anchored shopping centers in Florida by Released | Aug 2, 2024 ShopOne Centers REIT, together with its joint venture partners Pantheon and a leading global institutional investor, announced the acquisition of two grocery-anchored shopping centers in Florida: Midway Plaza in Miami–Fort Lauderdale and Lithia Square in Tampa. The properties were acquired in two independent transactions.
Manulife Investment Management names Rob Wernic head of specialists by Andrea Zander | Aug 2, 2024 Manulife Investment Management has named Rob Wernic to a newly created position, head of specialists, according to a LinkedIn post.
Institutional investors prefer written content in shorter reports, says Coalition Greenwich survey by Andrea Zander | Aug 2, 2024 Institutional investors prefer written and shorter reports.
AXA investment Managers in talks to be acquired by BNP Paribas for €5.1b by Andrea Zander | Aug 2, 2024 The BNP Paribas Group has entered into exclusive negotiations with AXA to acquire 100 percent of AXA Investment Managers.
RF Capital announces CEO and CFO succession plan by Andrea Zander | Aug 2, 2024 Kish Kapoor will step down as president and CEO at RF Capital on Oct. 1 and will be succeeded by Dave Kelly, who joined the firm as COO in January.
Merrill Lynch hires two J.P. Morgan private bankers by Andrea Zander | Aug 1, 2024 Jacob Burns and Ian Hagley have joined Merrill Lynch Private Wealth Management in Seattle.
BrightNight receives $440m from Golman Sachs Alternatives by Released | Aug 1, 2024 BrightNight has received a $440 million strategic investment from Goldman Sachs Alternatives.
KKR reports $32b of new capital in second quarter 2024 earnings by Andrea Zander | Aug 1, 2024 KKR & Co. has reported $32 billion of new capital in its second quarter 2024 earnings.