Icapital Network Study Finds Only One Third Of RIAs Offer Private Equity Opportunities To Investors
The findings from a study of approximately 450 RIA firms found that only one-third have provided private equity investments to their wealthy clients within the last five years.
Former Atlanta money manager pleads guilty to $35M scheme
ATLANTA (AP) — The former head of an Atlanta money management firm has pleaded guilty to conspiring with a former business partner to defraud investors of more than $35 million through a fraud scheme.
Fund Bets Counter To US Trade Embargo Against Cuba
<p style="line-height: 20.8px;">In anticipation of the era when the US trade embargo against Cuba is a thing of the past, Thomas J. Herzfeld’s Caribbean Basin Fund has been packing its portfolio with companies that he believes will get a “large boost in business” when the time comes.</p>
<p style="line-height: 20.8px;">The US embargo against Cuba, which has been in place since the 1960s, maintains a policy of economic sanctions and diplomatic isolation of Cuba.</p>
<p style="line-height: 20.8px;">Now, as the US administration seems to be strengthening its relationship with the Cuban government, some experts point to better prospects for Cuba-US relations</p>
Putin Approves Privatization Of Bashneft Oil Company
Russian President Vladimir Putin has approved the privatization of state oil company Bashneft, the RIA Novosti news agency reported Tuesday.
Lightyear Fuels Further Acquisitions For Wealth Enhancement Group
The private equity-owned RIA made its second acquisition in as many months, adding Houston-based Sound Financial Solutions, with $260 million in assets.
Lightyear-Backed Advisory Firm Picks Up $1B Acquisition
Minneapolis-based Wealth Enhancement Group, the registered investment advisory bought by private equity firm Lightyear Capital last April, has acquired HHG & Company, a Darien, Conn.-based RIA with $1 billion in assets.
In The Control-Freak World Of Family Offices, Cutting The Private Equity Firm Out Of The Deal Has An Alluring Logic - And Pitfalls
This article originally appeared in the January/February issue of Investment & Wealth Monitor, published by the Investment Management Consultants Association....
Japanese investors are profitable in all areas in Vietnam
Japanese investors have poured money in all sectors of business in Vietnam, including many high-profit industries such as agriculture, real estate and M&A.
RIAs Count on Hedge Funds for More Than Returns
For registered investment advisers seeking funds that deliver diversification with low volatility, choosing a benchmark is just the first step. By billing themselves as deliverers of alpha, hedge funds have invited criticism from the media and other quarters. Such
U.S. Capital Advisors Launches Private Energy Credit Focused Asset Management Business Headed by Paul Tice
HOUSTON, Nov. 10, 2015 /PRNewswire/ -- U.S. Capital Advisors LLC ("USCA") announced today that it has formally launched its third division, USCA Asset Management, LLC. The firm has simultaneously launched its flagship energy investment vehicle, the USCA Private Energy Credit Fund, L.P., which will provide direct loans and other bespoke credit solutions to higher quality, lower middle market-sized private energy companies in need of growth capital. Paul Tice joins USCA as a Senior Managing Director and Head of the Energy Capital Group at USCA Asset Management. Mr. Tice will be overseeing the firm's private energy fund business and will be the...