Tagged: asset management

Alternative Asset Management Firm Rithm Capital Corp. to Acquire Crestline Management

Rithm Capital Corp., a New York-based global alternative asset manager, announced a definitive agreement to acquire Crestline Management, L.P., a Fort Worth-based alternative investment firm with approximately $17 billion in assets under management (AUM). This strategic acquisition aims to strengthen Rithm’s asset management platform, expanding… Read More

Bow River Capital to Acquire Asset-Based Financing Unit of Park Cities Asset Management

Bow River Capital, a Denver-based alternative asset manager, announced  that it has acquired the asset-based financing business of Dallas-based Park Cities Asset Management, an asset manager focused on providing capital solutions to the lower middle market. The acquisition expands Bow River’s capabilities in private credit… Read More

Crayhill Introduces Lending Solution Combining Tax Equity Bridge Loans and Development Financing

Crayhill Capital Management, an alternative asset management firm specializing in asset-based finance, announced the launch of its Tax Equity Bridge Lending (TEBL) program as part of its expanded Pre-Construction Financing initiative, which is designed to “help solar, wind, and battery developers accelerate project development schedules… Read More

H.I.G. WhiteHorse Announces Close of $5.9B New Middle Market Lending Fund IV

H.I.G. WhiteHorse, the direct lending credit affiliate of H.I.G. Capital, a global alternative asset management firm with $70 billion of capital under management, today announced the final closing of H.I.G. WhiteHorse Middle Market Lending Fund IV. Fund IV closed with “$5.9 billion of assets and… Read More

Sound Point Capital Holds $1.1B Initial Close of Strategic Capital Fund III

Sound Point Capital Management, LP, a global alternative credit manager with more than $44 billion in assets under management1, announced the first close of Strategic Capital Fund III with $1.1 billion in capital commitments, “exceeding its first and final close targets of $500 million and… Read More

Citi Shares Insights on Impact of US Tariffs on Global Equities, Mutual Fund to ETF Conversions in Europe

Citigroup (NYSE: C) continues to provide insights into market dynamics, offering strategies for investors, asset managers, and policymakers. Recent reports from Citi highlight key trends reshaping the financial sector, including mutual fund-to-ETF conversions in Europe, the impact of U.S. tariffs on global equities, transformations in… Read More

Fifth Third Bancorp and Eldridge to Provide Private Credit Arrangements to Commercial Bank Clients

Fifth Third Bancorp (NASDAQ: FITB) and Eldridge announced a partnership to offer private credit arrangements to Commercial Bank clients. This program is built to enhance the ability for both parties to “meet emerging and evolving needs and provide reliable private credit solutions to clients.” Kevin… Read More

Forum Real Estate Income Fund Reportedly Tops $300M in Net Assets

Forum Investment Group announced that the Forum Real Estate Income Fund (FREIF) surpassed $300 million in net assets under management (AUM) – a milestone reflecting investor demand for more income-oriented solutions in an evolving market. Structured as an interval fund (ticker: FORAX), FREIF is an… Read More

CoinShares Asset Management Is Now a European Regulated Asset Manager, Receives MiCA Authorization

CoinShares International Limited (Nasdaq Stockholm: CS), the European investment company specializing in digital assets with over $9 billion in assets under management, announced its French subsidiary, CoinShares Asset Management, received authorization under the Markets in Crypto-Assets (MiCA) Regulation. This authorisation positions CoinShares as the asset… Read More

WisdomTree Stablecoin Strategy to Enable Tokenized Finance

WisdomTree, a global firm focused on asset management, has unveiled a comprehensive stablecoin strategy that aims to position the firm at the center of blockchain-enabled finance. Detailed in a recent blog post by Will Peck, Head of Digital Assets at WisdomTree, the strategy leverages the… Read More

BNP Paribas Cardif Finalizes Acquisition of AXA Investment Managers

BNP Paribas Cardif has finalized the acquisition of AXA Investment Managers (AXA IM) and signed a long-term partnership with the AXA Group to manage a large part of its assets. This operationwill “enable the BNP Paribas Group to create a leading European asset management platform with… Read More

DeFi Technologies Expands Into GCC and MENA with New Dubai Trading Desk

DeFi Technologies Inc., a Nasdaq-listed digital asset management firm, has expanded into the Gulf Cooperation Council (GCC) and MENA region through the registration of DEFI DMCC in Dubai, according to an announcement. The company opened a new office at Jumeirah Lake Towers and launched a… Read More

Global Asset Management Industry Is Reportedly Undergoing Transformation, Driven by Structural Shifts, Tech Advancements

The global asset management industry is undergoing a profound transformation, driven by structural shifts and technological advancements. Two recent reports from Citi provide critical insights into these changes. These updates, based on research and industry expertise, outline the challenges and opportunities shaping the future of… Read More

BlackRock to Raise $400 Billion in Private Markets by 2030

BlackRock (NYSE: BLK) has unveiled a bold strategy to significantly expand its presence in private markets, targeting $400 billion in fundraising by 2030. This plan, announced during the firm’s recent investor day, reflects BlackRock’s intent to capitalize on the growth of alternative investments, including private… Read More

Vertis Announces Investment in DunPort Capital Management to Enable European Private Credit Expansion

DunPort Capital Management, a private credit manager, and Vertis Capital Partners, a UK-based alternative investment firm focused on asset-backed finance and private credit, announced a partnership. As part of the transaction Vertis will take an initial minority stake in DunPort which is expected to “increase… Read More

Arena Investors Finalizes Third Flagship Special Opportunities Fund

Arena Investors, LP , a global institutional asset manager, announced the final close of Arena Special Opportunities Partners Fund III and associated vehicles, inclusive of co-investments and programmatic capital, with $1.091 billion of commitments. Arena’s flagship reportedly strategy has a “track record of generating alpha… Read More

PNC Bank to Acquire Aqueduct Capital Group to Enhance Harris Williams Capabilities

PNC Bank announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit, and real asset managers, through its broad access to sophisticated, global pools of capital.” Founded in 2003, Aqueduct has reportedly built a… Read More

Wealth Management : FNZ Reports $500M in New Capital from Existing Shareholders to Support Growth

FNZ, the global end-to-end technology platform serving wealth and asset management businesses, announces it secured $500 million in new equity funding. The company has secured the equity funding from its “long-term institutional investors who remain closely aligned with FNZ’s strategy and ambitions.” The new capital… Read More

Wealthtech Allfunds Unveils New Portfolio Management Tool

Allfunds (AMS: ALLFG), the WealthTech partner for the wealth and asset management industries with more than €1.5 trillion assets under administration across Mutual Funds, Alternative Assets and ETPs, announces the launch of Nextportfolio 4, the latest version of its flagship portfolio management tool, “strengthening Allfunds’… Read More

TCW Group Remains Focused on Alternative Credit with Close of $400M CLO

The TCW Group, a global asset manager, announced the close of TCW CLO 2025-1, a $400 million collateralized loan obligation (CLO) fund secured primarily by broadly syndicated first-lien loans. This close reportedly marks TCW’s 14th CLO and underscores TCW’s “continued growth across the alternative credit… Read More

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