America remains the world’s top wealth hub but faces uncertain future by Andrea Zander | Mar 19, 2024 Despite serious concerns over the state of the union with a Biden–Trump presidential election rematch now under way, the United States remains the world’s undisputed leader in private wealth creation and accumulation. America accounts for 32 percent of global liquid investable wealth — a colossal $67 trillion, according to the 2024 USA Wealth Report published by global wealth advisory firm Henley & Partners.
Caprock announces acquisition of Grey Street Capital by Andrea Zander | Mar 19, 2024 Caprock has acquired Grey Street Capital, a Chicago-based boutique advisory firm with $2.2 billion in client assets.
Sheila Ryan promoted to president at Colony Wealth Management by Lewis Dayton | Mar 19, 2024 Sheila Ryan has been promoted to president at Colony Wealth Management, The Colony Group announced.
Manulife US REIT appoints CEO and CFO by Released | Mar 19, 2024 Manulife US Real Estate Management, the manager of Manulife US Real Estate Investment Trust (Manulife US REIT), has announced John Casasante will be appointed to the dual role of CEO and CIO, subject to regulatory approval. In addition, Mushtaque Ali will be appointed as CFO.
Angela Johnson joins Noble Investment Group as managing principal by Released | Mar 19, 2024 Noble Investment Group has appointed Angela Johnson as managing principal and head of global client solutions and strategic partnerships.
ElmTree Funds launches two REITs focused on industrial properties by Lewis Dayton | Mar 19, 2024 ElmTree Funds, a leading private equity real estate firm with an established track record in the commercial real estate net-lease sector, has announced the launch of ElmTree Industrial Trust and ElmTree Industrial Access Trust.
Bow River Capital supports acquisition financing for Shift Paradigm by Released | Mar 19, 2024 Bow River Capital, a Denver-based alternative asset manager, has announced that its private credit team has provided funds to support acquisition financing for Shift Paradigm. Shift is backed by Growth Catalyst Partners, a middle-market private equity firm investing in information, marketing and tech-enabled services businesses. Bow River Capital acted as the sole lender under the second lien credit facility.
ElmTree Funds launches two REITs focused on industrial properties by Released | Mar 19, 2024 ElmTree Funds has announced the launch of ElmTree Industrial Trust and ElmTree Industrial Access Trust.
Cove Capital Investments buys business park in Pearland, Texas by Released | Mar 18, 2024 Cove Capital Investments, a Delaware Statutory Trust sponsor company has announced it has successfully completed an acquisition in Pearland, Texas. The purchase is the firm's Business Park Opportunity 76 DST, a Regulation D, Rule 506(c) offering that is targeting to raise $8,573,663.
Canada’s largest banks release compensation numbers by Lewis Dayton | Mar 18, 2024 The total compensation in 2023 for top executives at Canada’s largest banks has been released to the public, reported Investment Executive.