Mercer Global acquires Tufton Capital Management by Released | May 9, 2025 Mercer Global Advisors, a national registered investment adviser (RIA), has announced the acquisition of Tufton Capital Management, a Hunt Valley, Md.–based financial planning and advisory firm.
Hub International acquires assets of Prestige Wealth Partners by Released | May 9, 2025 Hub International, a global insurance brokerage and financial services firm, has announced that it has acquired the assets of Prestige Wealth Partners.
McKinsey Global Institute: 10 physical realities the energy transition must tackle by Kali Persall | May 9, 2025 Although significant progress has been made toward the energy transition, forces such as shifting geopolitics, policy uncertainty, the macroeconomic environment and rising energy demand continue to create uncertainty.
Morningstar introduces medalist rating system for semiliquid funds by Released | May 8, 2025 Morningstar, a provider of independent investment insights, has introduced the Morningstar Medalist Rating for Semiliquid Funds, expanding its established Medalist Rating framework to the growing segment of semiliquid investment vehicles.
Alternative investment managers are increasingly targeting private wealth investors by Elise Mackanych | May 8, 2025 Private wealth channels are seeing a significant influx of alternative investment managers (alt IMs), which is boosting long-term growth in assets under management (AUM), according to Fitch Ratings.
TD Asset Management expands accessibility of its infrastructure fund by Released | May 8, 2025 TD Asset Management have announced a new way for investors to access private global infrastructure investments.
DST offerings raise more than $2.4b in equity so far this year by Elise Mackanych | May 8, 2025 Delaware statutory trust (DST) offerings have raised more than $2.4 billion in equity by the end of April 2025, according to Mountain Dell Consulting.
Black Chamber Partners’ data center fund closes above $2b by Kali Persall | May 8, 2025 BlackChamber Real Estate Opportunity Fund Il, an opportunistic real estate fund focused on the development of hyperscale data centers in the United States, has held a final close.
Parcion announces two key leadership changes by Released | May 7, 2025 Parcion Private Wealth, a multi-family office based in Bellevue, Wash., has announced two key executive appointments. The firm has named Dan McCollum as CIO, and has appointed Sam King as COO and chief compliance officer, expanding its leadership bench as the firm surpasses $2.7 billion in assets under management.
Blackstone names Jennifer Abate as head of RIA channel by Released | May 7, 2025 Blackstone has appointed Jennifer Abate as senior managing director and head of the registered investment adviser (RIA) channel for Blackstone Private Wealth.
Venturi Private Wealth partners with Opto Investments to provide investment solutions by Released | May 7, 2025 Venturi Private Wealth, an independent wealth management firm and multi-family office serving entrepreneurs, ultra-high-net-worth (UHNW) individuals and families, and private foundations, has announced its partnership with Opto Investments, an unrelated third-party that provides a technology-led solution to simplify private markets investing and servicing for independent investment advisers and family offices.
CAZ Investments partners with iCapital to offer ownership of professional sports teams by Released | May 7, 2025 CAZ Investments has partnered with iCapital to deliver financial advisers and their clients streamlined access to one of its core investment strategies, ownership of professional sports teams.
General Atlantic and UBS group announce private credit focused partnership by Released | May 7, 2025 General Atlantic and UBS Group have announced a partnership focused on private credit opportunities. The collaboration between UBS and General Atlantic Credit (GA Credit) aims to enhance investing clients’ and borrowers’ access to a broader set of direct lending and other credit products.
MAI Capital Management partners with iCapital by Released | May 6, 2025 MAI Capital Management, a registered investment advisory firm, has announced a partnership with iCapital, a global fintech platform. Through the integration of iCapital’s technology into MAI’s custom platform, MAI’s in-house investment team can easily view, manage and administer clients’ existing and future alternative investments.
Industry veterans from Morgan Stanley join Americana Partners by Released | May 6, 2025 Houston-based Americana Partners, an independent wealth management firm with more than $9 billion in assets under management (AUM), has announced the addition of four industry professionals from Morgan Stanley's Houston office.
