Industry News
The investment consulting firm highlighted several areas of interest within the private debt universe for its clients during this week’s webinar.
The registered investment advisor channel is expected to surpass $4 trillion in assets over the next decade as market consolidation continues to accelerate, according to a new report from Cerulli Associates.
The plan promoted Private Equity Chief Anton Orlich to deputy cio for private markets and tapped a CPP Investments veteran to lead its Total Portfolio Approach efforts.
The fund is targeting $1.25 billion in total commitments, with a final close expected within 12 months of its first close on June 8.
The endowment’s director of operations left last month to join a nearby retirement fund as head of investment operations.
The firm successfully completed its acquisition of the management agreements related to the manager’s Canadian fund business, which totaled approximately $19 billion in assets.
The firm has hired an executive managing director and head of family office services to lead the delivery of its wealth management, fiduciary, tax, estate and administrative services to clients.
A wealth and investment advisory firm has agreed to acquire a Philadelphia-based RIA to expand its presence in the region.
A religiously affiliated foundation based in the Midwest has promoted an associate to a director-level position leading investment management.
The organization changed its name to the Andrew Carnegie Foundation to honor its founder on the 115th anniversary of its formation.
