Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. December 06, 2023

White Wolf Capital Group, Inc. ("white Wolf") Announces The Launch Of Its First Exchange Traded Fund - Whitewolf Publicly Listed Private Equity Etf (ticker: Lbo)

White Wolf announces the launch of its first exchange traded fund, WHITEWOLF Publicly Listed Private Equity ETF (the "Fund" or "LBO"). LBO was made available for trading on the Chicago Board Options Exchange (CBOE) on November 30, 2023. MIAMI, Dec. 6, 2023 /PRNewswire-PRWeb/ -- White Wolf...
Read by 79% of LPs December 05, 2023

Manulife Investment Management Announces $1.2B Industrial Recapitalization With Scannell Properties And Stepstone Real Estate - Manulife Financial (nyse:mfc)

BOSTON, Dec. 5, 2023 /PRNewswire/ - Manulife Investment Management has announced a $1.2 billion partnership with Scannell Properties and StepStone Real Estate, facilitating the recapitalization of 35 newly constructed Class A industrial assets spanning 10.4 million square feet across 17 markets within the United States. "We're pleased to partner with Scannell Properties given their extensive expertise as an industrial developer and their reliability and delivery of high-quality industrial assets," said Marc Feliciano, Global Head of Real Estate for Manulife Investment Management.
Read by 79% of LPs December 05, 2023

A Big Private Equity Firm Promoted A Lot Of Men To Its Top Jobs

If you're a woman with aspirations of making it to the top in private equity, then the latest round of promotions at KKR may not fill you with optimism. Of 41 people promoted to partner or managing director, we count only six women. The female faces are lost amidst a sea of men.
Read by 56% of LPs December 04, 2023

Black Investment Management Firm Ariel Investments Buys Into Digital Media With Purchase Of My Code

Ariel Alternatives, the private equity division of Ariel Investments, has acquired an approximately 60% stake in My Code from current investors, which includes the private equity firm Falfurrias Capital Partners and other shareholders. This transaction values My Code at $400 million based on enterprise valuation. The existing sellers will maintain a minority ownership in My […] The post Black Investment Management Firm Ariel Investments Buys Into Digital Media With Purchase Of My Code appeared first on Moguldom.
Read by 74% of LPs December 04, 2023

Goldman Sachs' Cost Cutter Can Be A Little Curt

When Marc Nachman, head of Goldman Sachs' asset and wealth management division, is mentioned in polite company, he's usually portrayed as a behind the scenes sort of presence. He's a "fixer," said the Financial Times in November last year. He's David Solomon's guy, added the FT more recently: D-Sol uses M Nachman for his structural fixes. However, Nachman is also "very smart" and "digs into detail." This might sound good until you are being dug into, an experience that seems to have afflicted one of Solomon's other favourite people.
Read by 53% of LPs December 03, 2023

Psp Etf: The Private Equity Diversifier Since Leverage Is Not That Bad

If you are reading this article, there is a big chance that you are already invested in equities, and bonds but want to diversify further. In this particular case, analyzing the effects of the Fed pause together with the situation with corporate leverage, this thesis aims to show that putting some money into private equity using the Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) investment vehicle makes sense. Before diving deeper into the reasons, a comparison of the price performances shows that PSP's deep blue chart has outperformed the other asset classes including commodities in the last year.
Read by 52% of LPs November 30, 2023

Goldman Sachs' Banking Co-head Impressed By These 23 Year-old London Analysts

Goldman Sachs is taking good care of its juniors, even if it is cutting their bonuses. Two weeks ago, the bank hosted its annual GSGives Analyst Impact Fund, in which teams of analysts present to the firm’s senior management for the right to make a donation (using GS’ money, of course) to significantly uplift a chosen charity’s operations. The prize pool exceeded $500,000, although the first place prize for the competition was $250,000.
Read by 38% of LPs November 30, 2023

Sec Charges Phoenix-area Real Estate Fund Adviser Jonathan Larmore With $35M Fraud - Larmore Also Charged With Stock Manipulation For False Wework Tender Offer

The Securities and Exchange Commission today announced fraud charges against Phoenix-based real estate investment company ArciTerra Companies LLC and its CEO, Jonathan M. Larmore, for engaging in a multi-year scheme to misappropriate millions of dollars of investor funds from investment vehicles that ArciTerra managed. The SEC also charged several entities controlled by Larmore for their roles in the scheme. The SEC’s complaint, filed on November 28, 2023, alleges that, since at least January 2017, Larmore and the charged entities misappropriated more than $35 million from private real estate funds and other investment vehicles that ArciTerra managed.
Read by 37% of LPs November 30, 2023

Asian Hedge Funds Find It Harder To Make Money In Japan As They Pivot From China - Cna

FILE PHOTO: Japan’s long-term government bonds level and Japanese Yen rate against U.S. dollar are seen through rain drops on an electric board outside a brokerage in Tokyo, Japan January 16, 2023. The characters on the screen is a part of the phrase "government bonds". REUTERS/Kim Kyung-Hoon HONG KONG : Many of Asia's hedge fund managers who pivoted from China's languid markets to Japan's soaring stocks in 2023 have struggled to make money, hamstrung by a lack of local insight and having no playbook to unlock the world's third-largest economy.
Read by 53% of LPs November 30, 2023

Nb&a Investments Co Llc Aims High With Funding Close To $500 Mn In Asia Based Airline Business

NB & Associates Investments Co LLC Aims High with Investment Close to $500 million in Asia based Airline Business Media Release Dubai, Nov 30: NB & Associates Investments Co LLC (NB&A), a dynamic player in private equity a....
Read by 80% of LPs