Industry News

Industry News
Asset Manager Consolidation May Continue To Increase Post-Pandemic: Casey Quirk

Casey Quirk analyzed 50 of the largest asset managers and found that roughly 20 firms grew their net new revenues at a rate greater than the industry average between 2009 and 2019.

08.15.23
Industry News
Angeles Equity Partners Closes Second PE Fund

The firm’s second fund is over 50% larger than its predecessor.

08.15.23
People Moves
BNY Wealth Appoints New CIO

Sinead Colton-Grant’s appointment as cio will be effective Jan. 1.

08.15.23
Trends
Q2 2023: Private Infrastructure Offerings Gain Steam, Contribute To Hire Uptick

Institutional commitments to private infrastructure funds increased in the second quarter given attractive characteristics—like providing an inflation hedge or cash yield—and product offerings that have gained steam in recent years, a trend that will likely continue into the second half of 2023 and beyond.

08.14.23
People Moves
SageView Appoints Board Chair, CEO

SageView Advisory Group has appointed Randy Long to the role of chair of the board and John Longley as ceo.

08.14.23
People Moves
Kainos Capital Bolsters Investment Team

The plan welcomed back a former employee as a v.p.

08.14.23
Industry News
Clairvest Closes Seventh PE Fund

Clairvest Group announced the final close of its seventh private equity fund

08.11.23
Industry News
Blackstone Closes Third Energy Transition Credit Fund

The fund is managed by Blackstone Credit’s sustainable resources platform, which launched last year.

08.10.23
People Moves
Calif. Pension Plan Expands Investment Team

The new hire joined the plan from Capital Group last week.

08.10.23
Administrator/Record Keeper
Regulatory Agency Fines 11 Firms For Record Keeping Failures

A federal securities regulator has fined 11 firms with failing to preserve electronic communications.

08.10.23