An RIA based in the Midwest has hired a managing director and partner for its private markets team from an alternative investment management and advisory firm.
The analyst will assist in identifying, evaluating, selecting and monitoring investment opportunities across private markets, including venture capital, private equity, natural resources and real estate.
A new survey from a global investment firm has found that U.S.-based RIAs are interested in adding new exposures to international and equity ETFs in their client portfolios.
The firm is acquiring a majority ownership stake in a U.S single-family residential credit investment manager in a deal that is expected to close in the first quarter.