MFS appoints Alison O’Neill as new CIO by Released | Mar 15, 2024 MFS Investment Management has announced that Alison O’Neill will become the firm’s chief investment officer, effective Jan. 1, 2025. She will also become a member of the firm’s management committee. O’Neill will oversee the firm’s 300-person investment team, which includes the equity, fixed income, quantitative-solutions and global-trading teams.
Schroders hires Allen Chilten as global head of real estate capital formation by Lewis Dayton | Mar 15, 2024 Allen Chilten has been hired as global head of real estate capital formation at Schroders Capital, effective March 18.
Niall O’Sullivan returns to Mercer by Lewis Dayton | Mar 15, 2024 Niall O’Sullivan announced in a LinkedIn post that he is returning to Mercer as the chief investment officer, global solutions.
Wealthstone Group launches by Andrea Zander | Mar 14, 2024 Wealthstone Group has launched, according to a LinkedIn post by Paulo Aguilar, who is a partner and senior investment adviser at the firm.
$525b in multifamily loans will mature through 2029, reports Yardi Matrix by Released | Mar 14, 2024 The multifamily market has 58,533 properties with loans set to mature over the next five years, representing $525 billion of the total $1.1 trillion of loans currently backed by apartments.
ETF veteran Jon Maier joins J.P. Morgan Asset Management by Released | Mar 14, 2024 J.P. Morgan Asset Management has announced that industry veteran Jon Maier is joining as chief ETF strategist.
Cambridge Wilkinson spins out BCB Equity Partners, an independent private equity firm by Released | Mar 14, 2024 Cambridge Wilkinson has launched an affiliate, BCB Equity Partners, an independent private equity firm that will pursue control and buyout transactions in the lower middle market. The geographic focus of BCB will be North America initially.
Corebridge Financial elects Deborah Leone to board of directors by Released | Mar 14, 2024 Corebridge Financial has announced that its board of directors elected Deborah Leone as an independent director.
Realta Wealth hires CFO by Lewis Dayton | Mar 14, 2024 Realta Wealth, an exclusive independent wealth management firm, announced the appointment of Tim Bowman as CFO to help the firm's executive team deliver on its growth vision and strategy. He reports to Realta Wealth CEO Kevin Keefe.
Spirit Blockchain and Vesta Equity announce strategic mutual investment by Released | Mar 14, 2024 Spirit Blockchain Capital, a leader in blockchain and digital asset investments, and Vesta Equity, a pioneer in the tokenization of residential equity, have announced an agreement for Spirit to make a strategic investment in Vesta Equity. With this investment, Spirit and Vesta Equity intend to collaborate on initiatives focused on innovating the real estate investment sector, enhancing the scope of investment options, and introducing novel opportunities for asset owners and investors.
Canada farmland value increases 11.5% in 2023 by Lewis Dayton | Mar 14, 2024 Cultivated land values in Canada increased an average of 11.5 percent in 2023, according to research from Farm Credit Canada. That is the second highest increase since 2014 and slightly below the average growth recorded the year previously.
HarbourView secures nearly $500m of debt financing backed by music catalog by Released | Mar 13, 2024 HarbourView Equity Partners, an industry-leading alternative asset-management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global investment firm, led the financing and investment accounts advised by Kuvare Asset Management also participated in the transaction.
Inland acquires 107-site RV park in Salem, Ore. by Released | Mar 13, 2024 Inland Real Estate Acquisitions has purchased a 4-Star recreational vehicle (RV) park in Salem, Ore.
BREEAM U.S. director of operations shares sustainability insights for real estate sector by Andrea Zander | Mar 13, 2024 Breana Wheeler, BREEAM’s U.S. director of operations, discusses sustainable strategies within the Commercial Real Estate (CRE) market, tracing the transition from a focus on risk mitigation to a value-added approach. Recently, the firm announced BREEAM’s growth across the United States, which saw a nearly 100 percent year-over-year increase in the number of BREEAM certificates issued nationally in 2023.
February’s inflation numbers reinforce Fed’s cautious stance by Lewis Dayton | Mar 13, 2024 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, a slight increase from January’s 0.3 percent rise.
