Macquarie Capital expands industrials advisory coverage with senior chemicals hire by Released | Oct 16, 2024 Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, has expanded its industrials advisory coverage, naming Leland Harrs managing director, head of chemicals for the Americas.
Commentary: Five things to know about liquid cooling in data centers by Kali Persall | Oct 16, 2024 Liquid cooling has emerged as a revolutionary solution in the ever-evolving landscape of data center technology, offering significant advantages over traditional air-cooling methods. That is the stance of National Real Estate Advisors, which published a commentary on this process in September.
Envestnet builds out distribution capabilities to drive adviser growth in HNW market segment by Released | Oct 16, 2024 According to Envestnet's 2024 Advisor Perspectives Survey, nearly one-third of advisers are set to enhance their focus on services tailored for high-net-worth or ultra-high-net-worth clients. This number rises to 40 percent among firms managing more than $500 million in assets.
Comptroller Thomas DiNapoli sheds light on the securities industry in New York City by Kali Persall | Oct 15, 2024 Although the securities industry contributed $5.1 billion to New York City’s budget in fiscal year 2024 via business and personal income taxes, it was down 5.9 percent from fiscal year 2023. These is according to a report issued by New York state comptroller Thomas DiNapoli about the securities industry in New York City.
Crusoe Energy Systems, Blue Owl Capital and Primary Digital Infrastructure form $3.4b data center JV by Kali Persall | Oct 15, 2024 Crusoe Energy Systems, Blue Owl Capital and Primary Digital Infrastructure have announced a $3.4 billion joint venture to fund purpose-built data center capacity at the Lancium Clean Campus being built in Abilene, Texas.
Asset managers seek to bring alternatives to DC plans via CITs and interval funds, Cerulli finds by Released | Oct 15, 2024 Although adoption of alternative investments in defined contribution (DC) plans continues to be limited, new Cerulli research finds asset managers are seeking to make inroads via collective investment trust (CIT) and interval fund structures.
GTIS Partners to deliver $27m industrial facility in qualified opportunity zone by Kali Persall | Oct 15, 2024 GTIS Partners is developing a $27 million, 170,000-square-foot warehouse and distribution center site located within a qualified opportunity zone in the city of Gastonia, N.C.
Moshe Bajnon joins Nuveen Private Capital as senior managing director, global head of private wealth by Released | Oct 15, 2024 Churchill Asset Management and Arcmont Asset Management, the U.S. and European asset management companies of Nuveen Private Capital, have announced the appointment of Moshe Bajnon as senior managing director, global head of private wealth, effective Oct. 29.
J.P. Morgan Asset Management appoints managing director and portfolio manager for net-lease strategy by Kali Persall | Oct 11, 2024 Justin Heller has joined J.P. Morgan Asset Management as managing director and portfolio manager as part of the net-lease strategy for the real estate Americas platform.
HSBC to double Canadian private client business by Kali Persall | Oct 11, 2024 HSBC Holdings, a British universal bank and financial services group headquartered in London, is planning to double the size of its Canadian private-client business in the next three or four years, according to Zacks Equity Research.