Healthy TEU volumes at U.S. ports amid softening industrial demand by Andrea Zander | Jun 18, 2024 Thirteen key port-proximate industrial real estate markets have experienced cooling demand coupled with rising vacancy rates and tempered rent growth, according to Cushman & Wakefield.
NexPoint launches self-storage DST offering by Released | Jun 17, 2024 NexPoint, a multibillion-dollar alternative investment firm, recently announced the launch of NexPoint Storage V DST, a Delaware Statutory Trust (DST) offering. The offering includes two Generation V (GenV) class A storage facilities located in Cape Coral, Fla., and Dundalk, Md. Both facilities will be managed by the industry-leading team at Extra Space Storage.
“The second wave of democratization has begun”: new CAIA report on alternatives by Released | Jun 17, 2024 The Chartered Alternative Investment Analyst (CAIA) Association, the global professional body for the alternative investment industry, is today releasing its newest report: Crossing the Threshold: Mapping a Journey Towards Alternative Investments in Wealth Management.
Former Baldwin Brothers CEO launches Harmony Wealth Partners by Lewis Dayton | Jun 17, 2024 John Mannix, the former CEO of Baldwin Brothers, a $2.3 billion advisory firm, has launched Harmony Wealth Partners, a new registered investment advisor (RIA), Evan Simonoff and Jennifer Lea Reed reported for Financial Advisor.
Northern Trust Asset Management appoints head of Global ETFs and Funds by Released | Jun 17, 2024 Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, has announced that David Abner is joining as head of global ETFs and Funds.
Money-market fund assets rise to $6.12 trillion by Lewis Dayton | Jun 17, 2024 Assets in money-market funds rose $28 billion in the week through June 12, reaching $6.12 trillion, data from the Investment Company Institute shows, Alex Harris and Carter Johnson wrote for Bloomberg.
Ares Management explores deal to acquire GLP Capital Partners by Lewis Dayton | Jun 14, 2024 Ares Management Corp. is exploring a potential deal to acquire GLP Capital Partners, the real estate investment firm, reported Manuel Baigorri, Gillian Tan, Cathy Chan and Dong Cao for Bloomberg.
Three due diligence veterans found Illume Partners by Lewis Dayton | Jun 14, 2024 John Ward, Brad Stehle and Paul Roth have co-founded Illume Partners LLC, a due diligence-analysis company specializing in performing comprehensive and insightful operational due diligence on all types of fund styles and direct investments.
Origin Investments launches Origin Exchange, a 1031 exchange DST platform by Lewis Dayton | Jun 14, 2024 Origin Investments, a multifamily investment sponsor, has launched Origin Exchange, reported theDIWire.
PGIM is seeking to increase its private-market allocation by Lewis Dayton | Jun 14, 2024 PGIM is seeking to raise its private-market allocation by more than 50 percent, to $500 billion during the next five years, reported Loukia Gyftopoulou for Bloomberg.
CIM Group makes $125m loan commitment to support Applied Digital computing campus in North Dakota by Released | Jun 14, 2024 CIM Group has closed on an initial $125 million loan commitment with a potential increase up to $200 million to Applied Digital.
Adviser use of alternative investments increases, study shows by Released | Jun 13, 2024 Despite historical limitations to access alternative investment vehicles and their known liquidity challenges within the private sector, asset managers and advisers are expanding alternative offerings through new products and platform access to drive adoption, according to the latest Cogent Syndicated Trends in Alternative Investments report from Escalent.
Anduin launches Investor Data Management platform by Released | Jun 13, 2024 Anduin has launched Investor Data Management (IDM), a platform that enables fund managers to supercharge their investor workflows through the better management and operationalization of their data. This new solution allows funds to streamline processes by leveraging their existing data stores, eliminating the need to repeatedly request the same information and documents from LPs.
NFL No.1 pick Caleb Williams launches investment firm, 888 Midas by Released | Jun 13, 2024 Caleb Williams, the first player selected in the 2024 National Football League draft by the Chicago Bears, today announced the formation of 888 Midas, a new partnership that seeks to associate with and capitalize on select alternative investments in private equity, venture capital and real estate.
Fidelity and Envestnet expand relationship to deliver unified wealth and advisory platform by Released | Jun 13, 2024 Fidelity Investments and Envestnet have announced the expansion of their 20-plus year relationship to deliver a comprehensive wealth and advisory solution that builds on the success of Fidelity Managed Account Xchange (FMAX), Fidelity’s wealth management platform, and the firms’ long-standing collaboration that has grown to more than $500 billion across managed accounts.
