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.
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.
<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>
Russian President Vladimir Putin has approved the privatization of state oil company Bashneft, the RIA Novosti news agency reported Tuesday.
The private equity-owned RIA made its second acquisition in as many months, adding Houston-based Sound Financial Solutions, with $260 million in assets.
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 have poured money in all sectors of business in Vietnam, including many high-profit industries such as agriculture, real estate and M&A.
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...
Alternative investment manager Moab Capital Partners has selected Maples Fund Services, a division of MaplesFS, to provide a full suite of hedge fund administration services. Maples Fund Services will provide a range of administration services, including fund accounting and investor services, for the hedge funds managed by Moab. Maples Fund Services was also selected to provide fund accounting services to Moab’s new insurance dedicated fund, which launched on September 1, 2015 with $25 million. “Having previously been serviced by a division of a large investment bank, we decided to focus our search on independent administrators for their adaptive nature and...