Investment manager

AllianceBernstein buys investment manager for at least $750 million | Finance

Based in Nashville global asset management company AllianceBernstein on Thursday announced the acquisition of CarVal Investors for $750 million upfront plus future performance-based payments. CarVal will retain its headquarters and management team in Minneapolis. The firm has 190 employees, including 68 investment professionals. CarVal has five offices in four countries and focuses on distressed credit, […]

Investment group

KIMBERLY STEINBERG JOINS TRANSWESTERN INVESTMENT GROUP AS

DALLAS, March 09, 2022 (GLOBE NEWSWIRE) — Transwestern Investment Group (TIG®) announces that Kimberly Steinberg has been named Managing Director, Head of Business Development and Investor Relations. In his role, Steinberg will oversee capital raising efforts for the company’s fund vehicles and separately managed accounts, as well as relationship building between existing and potential U.S. […]

Investment manager

US investment manager Capital Group was among the most exposed to Russia – data

Gazprom’s logo and Russian flag are seen through broken glass in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register NEW YORK, March 2 (Reuters) – Capital Group Companies Inc, one of the world’s largest investment management firms known for its American Funds mutual funds, had […]

Investment plan

My £10,000 investment plan yielding over 8% of UK dividend stocks

Investing in UK dividend stocks can be a lucrative source of passive income. Buying a range of stocks like this means that even if a company unexpectedly cuts its dividend, I hope that I will still receive income from other holdings. With £10,000 to invest, I would split it equally between these five stocks to […]

Investment group

Bridge Investment Group Announces Expansion of its European Team with the Hiring of Johannes Brennecke | Business

SALT LAKE CITY–(BUSINESS WIRE)–February 17, 2022– Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that Johannes Brennecke has been appointed Group Director of Bridge’s Client Solutions in Europe, effective February 1. This appointment marks an important step in the expansion of Bridge in Europe. Johannes will be responsible for developing and managing relationships […]

Investment group

Bridge Investment Group announces the expansion of its European team with the hiring of Johannes Brennecke

SALT LAKE CITY–(BUSINESS WIRE)–Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced the appointment of Johannes Brennecke as Director of Bridge’s Client Solutions Group in Europe, effective February 1. This appointment marks an important step in the expansion of Bridge in Europe. Johannes will be responsible for developing and managing relationships with Bridge’s clients […]

Investment group

BTG Pactual Timberland Investment Group and BCI create Caddo Sustainable Timberlands, LP with 772,000 acres in East Texas

NEW YORK–(BUSINESS WIRE)–BTG Pactual Timberland Investment Group (TIG) and British Columbia Investment Management Corporation (BCI) have established Caddo Sustainable Timberlands, LP (CST), a platform company focused on creating exposure to the southeastern United States forest lands. United States. CST’s investment mandate is to generate superior risk-adjusted returns for investors while ensuring ecological integrity and sustainability. […]

Investment manager

UBS sees US investment manager Wealthfront as a ‘growth engine’

UBS Group AG expects American automated wealth management provider Wealthfront Corp., which it acquires in one all-cash transaction worth $1.4 billion, serve as an “engine of growth”. The Swiss bank plans to run the business for growth, number of clients, AUM and direct technology first before running it for profit and loss, UBS Group CEO […]

Investment manager

LAUNCH OF EXPERIENCED $2 BILLION ALTERNATIVE INVESTMENT MANAGER

NEWARK, New Jersey, February 3, 2022 /PRNewswire/ — On January 1, 2022, Passaic Partners (“Passaic“) launched as a newly created investment company, majority-owned by its employees, with over $2 billion of institutional assets under management in seven investment strategies. Josh Silva, Passaic Chief Investment Officer and Managing Partner, was previously Senior Portfolio Strategist and Portfolio […]

Investment group

Meketa Investment Group to Host Virtual Emerging and Diversified Public and Private Markets Manager Research Day in April

BOSTON–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and trust management (OCIO) firm, today announced its virtual Emerging and Diversified Public and Private Markets Research Day, which will take place on Wednesday April 13, 2022. date, Meketa has hosted nine emerging and diverse manager research events over the past six years. Highly experienced in […]

Investment group

Bridge Investment Group Closes Gorelick Brothers Capital Transaction – Finance Monthly

SALT LAKE CITY–(BUSINESS WIRE)–Bridge Investment Group Holdings Inc. (“Bridge”) (NYSE:BRDG) announced today that the previously disclosed transaction to acquire certain assets of Gorelick Brothers Capital, LLC (“GBC” ), including a portfolio of single-family rental homes (“SFRs”) owned by GBC-managed vehicles and a majority of GBC’s asset and property management business, closed. As part of the […]

Investment manager

Investment manager Steadview opens its first US office at 817 Broadway – Commercial Observer

London-based investment manager Steadview Capital Management invades America. The company has signed an agreement to open its first US office in 817 Broadway in Greenwich Village, Commercial Observer has learned. Steadview signed a five-year lease for 9,943 square feet on the 11th floor of the 14-story building between East 11th and East 12th streets, according […]

Investment manager

Assets of the world’s largest investment manager hit a record $10 billion

The New York-based multinational was propelled by a rise in ETFs BlackRock became the first public asset manager with assets reaching the $10 trillion milestone, cementing the company’s position at the top of the entire industry. Assets under management were $10.01 trillion at the end of the quarter, up from $8.68 trillion a year earlier. […]

Investment group

Car Capital obtains $ 150 million from Fortress Investment Group

Automotive FinTech, Car Capital, has entered into a three-year, $ 150 million secured credit facility … Tweet this Through its proprietary all-digital platform, Dealer Electronic Auto Loan System (DEALS), Car Capital enables its partner dealers to instantly approve 100% of their customers, regardless of their credit history. With DEALS, dealers have the ability to make […]

Investment manager

Cardano acquires sustainable investment manager ACTIAM

The Cardano Group has acquired sustainable investment manager ACTIAM from Athora Netherlands for an undisclosed amount, in what has been described as a “significant step” for the group. The transaction, which will see Cardano’s assets under management grow by over £18.5 billion to over £50 billion, was initially agreed in October 2021 and has since […]

Investment group

Fortress Investment Group enters into agreements with DigitalBridge and BrightSpire

Posted on 12/29/21 Disclosed on December 22, 2021, Fortress Investment Group LLC and its affiliates entered into previously announced transactions with DigitalBridge Group Inc. (NYSE: DBRG, “DigitalBridge”) and BrightSpire Capital Inc. (NYSE: BRSP, “BrightSpire”), with a total counterpart of approximately US $ 730 million. Pursuant to the DigitalBridge transaction, Fortress affiliates are now the general […]

Investment group

Israel’s largest tech investment group Viola appoints executive search industry partner to lead human capital and establish fund as a premier talent powerhouse

TEL AVIV, Israel, November 16, 2021 / PRNewswire / – Viola, that of Israel largest technology investment group, today announced that Jeff shapiro will join the firm as a partner and new head of human capital operations. Driven by intense competition for high tech talent in Israel, Shapiro will set up a dedicated operation to […]

Investment group

BRIDGE INVESTMENT GROUP HOLDINGS INC. Management report on financial position and results of operations (Form 10-Q)

This section presents management’s perspective on our financial condition and results of operations. The following discussion and analysis is intended to highlight and supplement data and information presented elsewhere in this Quarterly Report on Form 10-Q, including the condensed combined and consolidated financial statements and related notes, and should be read in conjunction with the […]

Investment manager

South Korean REIT Listing for Australian Real Estate Investment Manager Inmark

“It was very popular, everyone was shocked,” he said. “From what I can see in the Korean retail investor market, they are still in the learning stage.” Inmark executive director John Jee said the Korean government was excited about outside influences on its nascent real estate market. “As the REIT market in Korea is growing, […]

Investment group

Fortress Investment Group Recognized for “Achievements in Diversity and Inclusion” at HFM US Performance Awards 2021

NEW YORK–(COMMERCIAL THREAD) – Fortress Investment Group LLC (“Fortress”) was named winner of the first “Diversity and Inclusion Achievement” award in 2021 HFM US Performance Awards, which took place on November 4 in New York City. These prestigious awards recognize American hedge funds and funds of hedge funds that have demonstrated exceptional performance and management […]

Investment manager

AEW UK REIT plc: Update on the Investment Manager

AEW UK REIT plc (AEWU) 29-Oct-2021 / 14:00 GMT / BSTBroadcast of a regulatory announcement, sent by EQS Group.The issuer is solely responsible for the content of this advertisement. October 29, 2021 AEW UK REIT Plc (AEWU or the “Company”) Update on the investment manager Following the Company’s announcement on August 17, the Company’s investment […]

Investment manager

AEW UK REIT plc: Update on the Investment Manager

AEW UK REIT plc (AEWU) 29-Oct-2021 / 14:00 GMT / BSTBroadcast of a regulatory announcement, sent by EQS Group.The issuer is solely responsible for the content of this advertisement. October 29, 2021 AEW UK REIT Plc (AEWU or the “Company”) Update on the investment manager Following the Company’s announcement on August 17, the Company’s investment […]

Investment manager

Ninepoint Partners Announces Distribution Agreement with Global Alternatives Investment Manager LGT Capital Partners

Breadcrumb Links GlobeNewswire Author of the article: Release date : October 27, 2021 • October 27, 2021 • 3 minutes to read • Join the conversation Content of the article TORONTO, Oct. 27, 2021 (GLOBE NEWSWIRE) – Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment management firms, today announced that it has entered […]

Investment group

Macquarie AM acquires alternative investment group

Macquarie Asset Management has acquired an independent investment advisory firm providing private clients with access to institutional hedge funds, private equity, real estate and funds of funds. He agreed to acquire New York-based Central Park Group for an undisclosed amount. Central Park Group has more than $ 3.5 billion in assets under management, with an […]

Investment manager

Cardano Group to acquire sustainable investment manager ACTIAM

The Cardano group has agreed to acquire Dutch sustainable investment manager ACTIAM, a spokesperson confirmed. Terms of the contract are not disclosed. The acquisition brings Cardano’s assets under management to £ 50 billion ($ 68.7 billion) and its workforce to 500 employees. ACTIAM will add more than 21.5 billion euros ($ 24.9 billion) in assets […]

Investment manager

New York-based investment manager BlackRock’s profit beats estimates, but asset growth pauses

On Wednesday, BlackRock, Inc., the world’s largest New York-headquartered asset management firm with more than $9 trillion in assets under management, far exceeded a Wall Street estimate for its third quarter earnings, mainly supported by an increase in performance fees alongside growing demand for its actively managed funds. Nevertheless, although a strong recovery in demand […]

Investment manager

GREENCOAT CAPITAL LLP – Europe’s largest renewable energy investment manager launches operations in the United States

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. Greencoat Capital targets $ 5 billion in deployment by 2026 New York and Chicago offices opened with $ 500 million already deployed NEW YORK and CHICAGO, Oct. 14, 2021 (GLOBE NEWSWIRE) – Greencoat Capital […]

Investment manager

GREENCOAT CAPITAL LLP, Europe’s largest renewable energy investment manager, launches operations in the United States

Greencoat Capital targets $ 5 billion in deployment by 2026 New York and Chicago offices open with $ 500 million already deployed NEW YORK, NEW YORK and CHICAGO, ILLINOIS, October 14, 2021 – Greencoat Capital LLP (“Greencoat”), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, […]

Investment manager

GREENCOAT CAPITAL LLP, Europe’s largest renewable energy investment manager, launches operations in the United States

Greencoat Capital targets $ 5 billion in deployment by 2026 New York and Chicago offices open with $ 500 million already deployed NEW YORK, NEW YORK and CHICAGO, ILLINOIS, October 14, 2021 – Greencoat Capital LLP (“Greencoat”), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, […]

Investment group

British investment group Ashmore hit by emerging market difficulties and institutional exits

LONDON, Oct. 14 (Reuters) – Ashmore Group’s assets under management fell by $ 3.1 billion in the third quarter of 2021, he said on Wednesday, after weak investment in emerging markets led a few large institutions to withdraw funds. The UK-listed company said its assets under management fell to $ 91.3 billion in the three […]

Investment group

British investment group Ashmore hit by emerging market difficulties and institutional exits

LONDON, Oct. 14 (Reuters) – Ashmore Group’s assets under management fell by $ 3.1 billion in the third quarter of 2021, he said on Wednesday, after weak investment in emerging markets led a few large institutions to withdraw funds. The UK-listed company said its assets under management fell to $ 91.3 billion in the three […]

Investment manager

European Renewables Investment Manager launches operations in the United States

David Boyce Greencoat Capital LLP, a manager of renewable energy investment in Europe with approximately $ 10 billion in assets under management, announced its entry into the US renewable energy sector with the opening of two new offices in New York and Chicago. Greencoat has also hired a senior American team and has already invested […]

Investment manager

GREENCOAT CAPITAL LLP – Europe’s largest renewable energy investment manager launches operations in the United States

Greencoat Capital targets $ 5 billion in deployment by 2026 New York and Chicago offices opened with $ 500 million already deployed NEW YORK and CHICAGO, Oct. 14, 2021 (GLOBE NEWSWIRE) – Greencoat Capital LLP (“Greencoat”), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, today […]

Investment group

Fortress Investment Group plans to take Frenchman’s Reef to the next level

Frenchman’s Reef, St. Thomas, shown in Fortress Investment Group presentation. (Screenshot of the Zoom meeting) Officials from CREF3 USVI Hotel Owner, Inc., a company owned and managed by Fortress Investment Group, on Tuesday presented plans for Frenchman’s Reef Marriott Resort, which the company is scheduled to reopen in November 2022, after being devastated by the […]

Investment group

Fortress Investment Group plans to take Frenchman’s Reef to the next level

Frenchman’s Reef, St. Thomas, shown in Fortress Investment Group presentation. (Screenshot of the Zoom meeting) Officials from CREF3 USVI Hotel Owner, Inc., a company owned and managed by Fortress Investment Group, on Tuesday presented plans for Frenchman’s Reef Marriott Resort, which the company is scheduled to reopen in November 2022, after being devastated by the […]

Investment group

Canadian investment group acquires stake in ICR-conseil backed by Investcorp

Canadian global investment group Caisse de depot et placement du Quebec (CDPQ) plans to acquire a significant stake in communications and advisory provider ICR, which is backed by Bahrain-based Investcorp. Investcorp, the alternative asset manager which counts Mubadala Investment Company as its largest shareholder, owns a minority stake in ICR and will continue as an […]

Investment manager

Patrizia acquires infrastructure investment manager Whitehelm | New

Patrizia expands its infrastructure business with the acquisition of Whitehelm Capital. The real estate asset manager is paying an initial amount of 67 million euros to buy Whitehelm, in a deal that triples Patrizia’s infrastructure assets under management to 5 billion euros. All in all, Patrizia expects to pay “a small triple-digit amount” once Whitehelm […]

Investment manager

Global Forestry Investment Manager adds a senior duo

Global forest investment manager New Forest has announced two senior appointments as part of broader sustainable investing ambitions. New Forests appointed Jo Saleeba as responsible for sustainable development and Lauren stewart as head of communications, according to a statement. Saleeba has extensive sustainability experience with asset owners, having previously worked for Investor Group on Climate […]

Investment manager

People’s Pension CIO leaves the group to join impact investment manager

Nico Aspinall will be leaving as CIO of UK multi-employer defined contribution scheme The People’s Pension to join impact investment firm Connected Asset Management as CIO, a spokesperson for Connected confirmed. Mr. Aspinall will lead the company’s sustainable investment strategy. Upon his arrival at the end of November, Mr. Aspinall will replace the current CIO […]

Investment manager

$ 400 billion investment manager Neuberger Berman to allow crypto exposure through commodity-focused fund

New York-based investment management firm Neuberger Berman has applied for a commodity-focused fund so they can gain indirect exposure to crypto investments. In a filing today with the United States Securities and Exchange Commission (SEC), the investment firm noted its Commodity Strategy Fund would allow investors to gain indirect exposure to cryptocurrencies and digital assets […]

Investment manager

CEO of investment manager announces retirement

Challenger Limited Managing Director Richard Howes has informed the board of directors of his intention to retire in March 2022. “On behalf of the Board of Directors, I would like to express our deep gratitude to Richard for his leadership and integrity and for the instrumental role he played in making Challenger the company it […]

Investment manager

Bitcoin’s supply shock is coming, says multibillion-dollar investment manager By BTC Peers

© Reuters. Bitcoin supply shock is coming, says multi-billion investment manager A supply shock could be imminent, according to Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. Gayeski told Bloomberg on Monday that the on-chain signals suggest that Bitcoin’s “hodlers” have resumed accumulation with the intention of holding the flagship currency […]

Investment manager

$ 7.5 billion hedge fund investment manager predicts bitcoin supply shock

Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital, a hedge fund with $ 7.5 billion in assets under management, revealed he believes a Bitcoin supply shock could be imminent. In an interview with Bloomberg, Gayeski noted that the on-chain signals indicate that “strong holders” are once again accumulating bitcoin while planning […]

Investment manager

Athene and Apollo take stake in Australian investment manager – The Royal Gazette

Updated: Jul 12, 2021 3:24 PM Athene Holding Ltd led a minority investment in Challenger Ltd, an Australian investment management company. The Bermuda-based financial services firm said it has agreed, together with its strategic partner, Apollo Global Management, to acquire a 15% stake in Challenger from an existing shareholder, of which 3% is subject to […]

Investment manager

Colony Group agrees to acquire investment manager with $ 2.8 billion in assets under management

The Colony Group, a national wealth management and corporate company based in Boston, has announced the acquisition of New Providence Asset Management LP. New Providence, a New York-based investment advisory firm, managed $ 2.8 billion in client assets at the end of March, according to the company’s ADV filing. As of March 31, Colony had […]

Investment manager

Upside AI Technology-Based Investment Manager Raises $ 1.2 Million Led by Endiya Partners

New Delhi: Technology-based investment management firm Upside AI has raised a $ 1.2 million funding round led by venture capital fund Endiya Partners. Other investors on the tour included veteran stock market investor Vijay Kedia; Ajay Nanavati, Chairman of Quantum Advisors and previously Chairman of 3M’s Syndicate Bank & MD; and Gopichand Katragadda, CEO of […]

Investment manager

CRUX Hires Baillie Gifford Investment Manager to Lead Asian Equity Expansion

LONDON–(COMMERCIAL THREAD) – CRUX Asset Management Ltd. (“CRUX”), Equity Investment Manager, Announces Appointment of Baillie Gifford’s Asia Investment Director, Ewan Markson-Brown, to Lead Company Expansion in Asia with Two New Investment Strategies . Ewan will work with CRUX to establish a new office in Edinburgh. The AAA * rated manager regularly outperformed the MSCI Asia […]

Investment manager

XP Inc. Partners with Giant Steps, One of Brazil’s Leading Quantitative Investment Managers

SÃO PAULO – (COMMERCIAL THREAD) –XP Inc. (Nasdaq: XP), a leading technology-driven platform and trusted provider of low-cost financial products and services in Brazil, has announced an agreement to acquire a minority stake in Giant Steps, the leader in systematic funds in Brazil. With approximately R $ 7 billion in assets under management, Giant Steps […]

Investment manager

Desjardins buys Canadian investment manager Hexavest, earning $ 5 billion in assets

Breadcrumb Links FP Investor PF Finances The Montreal firm has around fifty clients, mainly institutional investors in Asia, Australia, the United States and Canada. Author of the article: Bloomberg News Derek decloet Desjardins Group, the largest financial services cooperative in North America, has agreed to acquire the assets of Canadian investment manager Hexavest Inc. Photo […]

Investment manager

CI Financial Announces the Launch of Axia Real Assets, a Global Real Estate and Infrastructure Investment Manager

TORONTO–(BUSINESS WIRE)–CI Financial Corp. (“CI”) (TSX: CIX; NYSE: CIXX) today announced the launch of a newly formed joint venture, Axia Real Assets LP (“Axia”), an alternative investment manager focused on global real estate and infrastructure. The joint venture is independently operated and managed by Axia’s four founding partners. Axia’s founding partners – Kelsey Boland, Darrell […]

Investment manager

CapitaLand will restructure and launch Investment Manager

The property developer said the reorganization of its business will help “refine business focus and unlock shareholder value.” CapitaLand will consolidate its investment management platforms, as well as its hosting business, into an investment manager to be listed on the Singapore Stock Exchange, and place its real estate development business under private ownership, which will […]

Investment manager

Richard Driehaus, legendary investment manager, dead at 78

Richard H. Driehaus Courtesy of Driehaus Capital Management Richard Driehaus, founder and chairman of Driehaus Capital Management in Chicago, has died at age 78, according to a press release. Driehaus was appointed in 2000 for Barrons All-Century Team of 25 individuals identified as the most influential in the mutual fund industry during the 20th century. […]

Investment manager

Momentum Global IM acquires UK investment manager

Momentum Global Investment Management Limited (MGIM), the UK subsidiary of Momentum Metropolitan Holdings, will acquire Seneca Investment Managers (SIM). Completion of the acquisition is subject to UK regulatory approvals. The deal will create a combined global business with assets under management of £4.7 billion ($6.14 billion, €5.12 billion). Financial terms of the transaction were not […]