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HELPCENTER
10 Sep. 2021 Record assets and net inflows of $9.73tn and $834bn in ETFs and ETPs in August [more]
Opalesque Industry Update - ETFGI reports that record assets and net inflows of US$9.73 trillion and US$834 billion in ETFs and ETPs listed globally at the end of August. ETFs and ETPs listed globally gathered net inflows of US$94.64 billion during August, bringing year-to-date net inflows to US
10 Sep. 2021 Mariner Wealth Advisors acquires The Pinnacle Group [more]
Opalesque Industry Update - Mariner Wealth Advisors, a national wealth advisory firm headquartered in Kansas City, announced that it has entered into a binding agreement to acquire Cincinnati-based RIA, The Pinnacle Group, in a deal that closes Sept. 24, 2021. This is Mariner Wealth Advisors' fifth
10 Sep. 2021 Morgan Stanley raises $3.1bn for global real estate fund [more]
Laxman Pai, Opalesque Asia: Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley Investment Management, has raised $3.1 billion for a new fund dedicated to global real estate bets. The North Haven Real Estate Fund X Global (G10) exceeds its ori
10 Sep. 2021 Asset managers see record revenue, AUM growth [more]
Laxman Pai, Opalesque Asia: Publicly-traded asset managers in North America and Europe seeing continued record growth in revenue and assets under management in the second quarter following strong market appreciation. "Recovering from the bleak early days of the COVID-19 health crisis, listed a
09 Sep. 2021 Hedge funds gain as political risks rise [more]
Opalesque Industry Update - Equity Hedge tops strategy performance as HFRI posts 10th gain in 11 months following uncertainty around Afghanistan, stimulus, spending and reopening increase. Hedge funds advanced in August, despite increasing risks associated with instability in Afghanistan and exp
09 Sep. 2021 Nesvold Capital acquires substantial, minority stake in Republic Capital Group [more]
Opalesque Industry Update - Nesvold Capital Partners (NCP), a merchant bank that specializes in the financial services industry, announced that it has acquired a substantial, minority stake in Republic Capital Group, an investment bank that focuses on the investment management, securities, and finte
09 Sep. 2021 Alpine Investors raises $2.25bn for latest buyout fund [more]
Laxman Pai, Opalesque Asia: Alpine Investors said it capped its eighth fund at $2.25 billion, surpassing its $1.7 billion target less than four months after the launch date. The San Francisco-based firm's Alpine Investors VIII LP is more than double the size of its predecessor, which closed o
08 Sep. 2021 Dr. Craig Gordon launches alternative investment firm GordonMD Global Investments [more]
Opalesque Industry Update, for New Managers - Craig Gordon, MD, a licensed physician with over a decade of buy-side experience managing global biopharmaceutical portfolios, has launched GordonMD Global Investments. Th
08 Sep. 2021 ESG product gold rush brings dangers of mis-selling scandals - Capco [more]
Opalesque Industry Update - ESG product gold rush brings dangers of mis-selling scandals - Capco In recent years the growth in products marketed on the basis of their strong environmental, social and governance (ESG) credentials has exploded. More than half the money - a total of €1.4 trillion - tha
08 Sep. 2021 SBAI appoints Paula Volent of The Rockefeller University to its Board of Trustees [more]
Opalesque Industry Update - The Standards Board for Alternative Investments (SBAI) announced today the appointment of Paula Volent, Vice President and Chief Investment Officer of The Rockefeller University, to its Board of Trustees. Mario Therrien, Chair of the SBAI stated: "We are absolutely de
08 Sep. 2021 Advisors rely on actively managed strategies to navigate unsettled markets [more]
Laxman Pai, Opalesque Asia: As choppy markets reflecting both optimism and uncertainty about an unfolding recovery, financial advisors are relying heavily on actively managed strategies to navigate the road ahead, said a study. According to a PGIM Investments survey of more than 500 financial
08 Sep. 2021 Hub International acquires Millennium Advisory Services [more]
Laxman Pai, Opalesque Asia: Millennium Advisory Services, a Virginia-based Registered Investment Advisors (RIA) is the latest asset management firm to join Hub International Limited's growing retirement and private wealth division. The insurance brokerage and financial services firm headq
07 Sep. 2021 The global wealth management market to grow 10.7% CAGR to reach $3.43tn by 2030 [more]
Laxman Pai, Opalesque Asia: The global wealth management industry was worth $1.25 trillion in 2020 and is expected to reach $3.43 trillion by 2030, manifesting a CAGR of 10.7% from 2021 to 2030, said a study. According to the report by Allied Market Research, the rapid demand for alternative i
07 Sep. 2021 Asia-Pacific ESG cross-border bonds issuance crosses $50bn mark in 1H 2021 [more]
Laxman Pai, Opalesque Asia: With the market witnessing robust growth in volumes, products, and issuer types in 2021, sustainable capital markets are becoming mainstream in Asia-Pacific, said a study. In the first half of 2021, the total issuance of cross-border bonds with an ESG label - i.e. g
06 Sep. 2021 Scotiabank Canadian Hedge Fund Index ends July up 0.49% (7% YTD) on asset-weighted basis [more]
Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended July 2021 up 0.49% MOM on an asset-weighted basis and down 0.09% MOM on an equal-weighted basis. The Scotiabank Canadian Hedge Fund Index
06 Sep. 2021 Nordea-backed Trill Impact raises $1.1bn for inaugural fund [more]
Laxman Pai, Opalesque Asia: Trill Impact, a joint venture between former EQT partner Jan Ståhlberg and Nordea Asset Management (NAM), has closed €900m in commitments for its inaugural impact mid-market buyout fund from prominent global institutional investors. The fund, which was found to inv
03 Sep. 2021 Global sustainable bond issuance to hit $1tn in 2023 [more]
Laxman Pai, Opalesque Asia: Global sustainable bond issuance is on track for a record 2021 after clocking in at US$469.1 billion in the first half, fuelled by growing demand for climate-related investments, and is likely to hit $1 trillion in 2023, said a study. Total volumes for the labeled
02 Sep. 2021 Scotiabank Canadian Hedge Fund Index ends July up 0.49% (7% YTD) on asset-weighted basis [more]
Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended July 2021 up 0.49% MOM on an asset-weighted basis and down 0.09% MOM on an equal-weighted basis. The Scotiabank Canadian Hedge Fund Index
02 Sep. 2021 Euro-Asian private equity house AGIC Capital raises the second fund at $1.2bn [more]
Laxman Pai, Opalesque Asia: AGIC Capital, a private equity firm concentrating on European and Asian markets, has raised $1.2bn for its second fund targeting advanced industrial and medical technology investments. AGIC said Fund II would make a majority and significant minority investments wi
02 Sep. 2021 Geneva wealth boutiques merge in $4.4bn assets deal [more]
Laxman Pai, Opalesque Asia: Geneva-based wealth managers Pleion and Probus have agreed to merge in a deal that will see CHF4bn ($4.4bn) of combined assets. They have filed a request for authorization to proceed with their merger. The newly formed business will have operations in Thailand, UAE,
01 Sep. 2021 Wealth managers expand the range of investment strategies, adding new asset classes [more]
Laxman Pai, Opalesque Asia: Wealth managers are adding new asset classes they offer to clients, including private markets and hedge funds, said a survey. The Wealth Manager Investment Survey by bfinance revealed that more than two-thirds (69%) said they have added new asset classes for wealth
31 Aug. 2021 Citco: Hedge funds extend winning streak [more]
Opalesque Industry Update - The hedge fund industry continued its strong resurgence in Q2 2021 according to research from the Citco group of companies. More managers delivered positive year-to-date returns and funds captured larger returns versus the previous quarter. Analysing global hedge fund
31 Aug. 2021 TSG Consumer Partners promotes two on consumer team [more]
Opalesque Industry Update - TSG Consumer Partners, a leading private equity firm, today announced that it has promoted Alex Gilmore and Kelly Pease to Vice President. Mr. Gilmore and Ms. Pease are based in London and New York, respectively. "Alex and Kelly have made significant contributions eva
31 Aug. 2021 Sidley expands London office [more]
Opalesque Industry Update - Sidley has announced that Dan Graham, Paul Dunbar, and Emilie Stewart have joined the firm as partners in London. Mr. Graham and Mr. Dunbar have joined the global M&A and Private Equity practice and Ms. Stewart has joined the Global Finance group. They join from Vinson &
31 Aug. 2021 MiddleGround Capital tops $1bn AUM with latest fund close [more]
Opalesque Industry Update - MiddleGround Capital, a Kentucky-based, middle market private equity firm that makes control investments in B2B industrial and specialty distribution companies, announced it has held final closes on its flagship fund MiddleGround Partners II, LP and a specialty vehicle fo
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