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, […]
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
NEW YORK, January 28, 2022 /PRNewswire/ — Con Edison is seeking new electricity and gas rates in 2023 to fund clean energy investments in support of New York State climate goals and make infrastructure upgrades that will help keep customers in service in severe weather. The proposal to New York State The Public Service Commission […]
New York Community Bancorp has reached an agreement with a key community advocacy group as it seeks to pave the way for approval of its merger with Flagstar Bancorp. Under the agreement with the National Community Reinvestment Coalition, the New York community will provide $28 billion in loans and other support to neighborhoods and small […]
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 […]
International investment group Prytek has raised $ 107 million from global investment management firm Davidson Kempner. A representative from Davidson Kempner will join Prytek’s board of directors and investment committee. Prytek is a corporate investment group that offers investors an innovative investment strategy combining very long term investments in service companies, with investments in a […]
Israeli investment group Prytek has raised $ 107 million, Calcalist has learned. The chairman of the group is Yair Seroussi, former chairman of Bank Hapoalim and current chairman of ZIM Integrated Shipping Services and Enlight Renewable Energy. The entire amount was raised from global investment management firm Davidson Kempner, which manages $ 37 billion in […]
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 […]
“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, […]
NEW YORK–(COMMERCIAL THREAD) – Fortress Investment Group LLC (“Fortressâ€) 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 […]
With the US stock market and other assets like crypto and real estate hitting record highs, many investors are getting nervous. What should you do now to avoid giving back your profits? And with rising inflation, how can you best protect your financial future? We spoke with John Odell, CFP®, a financial advisor with over […]
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 “Companyâ€) Update on the investment manager Following the Company’s announcement on August 17, the Company’s investment […]
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 “Companyâ€) Update on the investment manager Following the Company’s announcement on August 17, the Company’s investment […]
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 (“Ninepointâ€), one of Canada’s leading alternative investment management firms, today announced that it has entered […]
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 […]
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 […]
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 […]
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 (“Greencoatâ€), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, […]
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 (“Greencoatâ€), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, […]
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 (“Greencoatâ€), the largest manager of renewable energy investments in Europe, with approximately $ 10 billion in assets under management, today […]
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 […]
Quantitative investment manager AQR has $ 137 billion in assets under management. The company is in the midst of a multi-year migration to the public cloud. Steve Mock, co-CTO of AQR, detailed the move which will lead to savings of 30% in some cases. Moving workloads and data to the public cloud is a big […]
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 […]
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 […]
Gresham House hired Ana Janine as an investment manager for its sustainable infrastructure team led by Peter Bachmann. Prior to joining the UK-based asset manager, Janine worked as a consultant at the Boston Consulting Group, where she worked on private equity transactions across multiple industries. She will work both within the British Sustainable Infrastructure Fund […]
Gresham House hired Ana Janine as an investment manager for its sustainable infrastructure team led by Peter Bachmann. Prior to joining the UK-based asset manager, Janine worked as a consultant at the Boston Consulting Group, where she worked on private equity transactions across multiple industries. She will work both within the British Sustainable Infrastructure Fund […]
A senior portfolio manager at Union Investment admitted to having committed numerous insider trading during the Frankfurt court hearing on Wednesday. According to Financial Time, the 45-year-old, who cannot be named, told judges he was frustrated with his € 440,000 salary in 2019 and “offended†by a smaller-than-expected salary increase. The fund manager said another […]
A senior portfolio manager at Union Investment admitted to having committed numerous insider trading during the Frankfurt court hearing on Wednesday. According to Financial Time, the 45-year-old, who cannot be named, told judges he was frustrated with his € 440,000 salary in 2019 and “offended†by a smaller-than-expected salary increase. The fund manager said another […]
Sep 21, 2021 2:07 PM ET Legal Newswire POWERED BY LAW.COM Pretium, a specialized investment management company with more than $ 26 billion of Assets, today announced that it has set up a legal opportunities investment team. Pretium’s Legal Opportunities team will work with companies and law firms to identify and invest in legal and […]
KENEDY, Texas, September 15, 2021 / PRNewswire / – Today, Warwick Investment Group announced that it has entered into an agreement to acquire oil and gas assets operated in from texas Eagle Ford Shale of Rosewood Resources. The combined purchase price and expected development capital represent an additional commitment of approximately $ 450 million to […]
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 […]
Irish aviation financier Airborne Capital is teaming up with a Japanese firm with Far Eastern investment manager Mercuria to take advantage of the likely increased institutional demand for aircraft leasing opportunities. Founded in 2017, Airborne specializes in the leasing and management of aircraft and has assets of approximately $ 1 billion (850 million euros). The […]
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 […]
New York-based exchange-traded fund (ETF) provider Global X has joined the ever-growing list of Bitcoin ETF prospects with a new filing with the United States Securities and Exchange Commission (SEC). Global X has $ 35 billion in assets under management and is a subsidiary of the $ 560 billion investment manager Mirae Asset. If approved, […]
© 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 […]
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 […]
UK asset manager Gresham House has completed the acquisition of Dublin-based investment group Appian Asset Management in a deal that values ​​it up to € 10 million. Appian was founded in 2002 by Managing Director Patrick Lawless, who is a key shareholder alongside Greg Lawless and Kevin Menton. The company manages approximately € 350 million […]
Posted 07-08-21 Proposed by Ninety-one Hendrik du Toit, CEO of Ninety One July 8, 2021 / CSRwire / – Ninety One, an active global investment manager, is proud to announce that it has joined the Net Zero Asset Managers Initiative, which supports investments aligned with the global goal of net zero emissions. ‘by 2050 or […]
São Paulo, Brazil – (COMMERCIAL THREAD) –XP Inc. (Nasdaq: XP), a leading technology-driven platform and trusted provider of low-cost financial products and services in Brazil, yesterday signed the acquisition of a minority stake in Jive Investments, the largest independent alternative investment manager in Brazil, offering credit recovery services, real estate, and other distressed asset strategies. […]
LONDON–(COMMERCIAL THREAD) – CRUX Asset Management Ltd. (“CRUXâ€), 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 […]
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 […]
Bob Doll, former chief equities strategist and senior portfolio manager at Nuveen Asset Management, has come out of retirement again, this time joining faith-based investment management firm Crossmark Global Investments as chief investment officer. Doll, known for his bullish outlook and annual list of 10 market forecasts, will lead Crossmark’s investment team and will also […]
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 […]
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 […]
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. […]