Barclays Capital Fined $1 Million for Net Capital Rules Violations
January 1, 2025
Global financial services provider Barclays Capital Inc. has been censured and fined $1 million by the Financial Industry Regulatory Authority...
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Blue Owl Capital Responds to Purported Shareholder Claims in Merger Update
December 30, 2024
Blue Owl Capital Corporation (NYSE: OBDC) and Blue Owl Capital Corporation III (NYSE: OBDE), both formerly non-traded business development companies...
No Free Lunch: FINRA Fines Broker for Improper Meal Expenses
December 30, 2024
A Financial Industry Regulatory Authority investigation has resulted in a six-month suspension and a $5,000 fine for a former Morgan...
Interactive Brokers Fined $2.25 Million for Free-Riding Violations
December 30, 2024
The Financial Industry Regulatory Authority announced that it has censured and fined Interactive Brokers, LLC, a leading online brokerage firm,...
Former Broker Refuses to Comply with FINRA Requests, Barred for Alleged Misconduct
December 30, 2024
Charles William Wodrich, a former registered representative, has been barred from associating with any Financial Industry Regulatory Authority member firm...
MSC Income Fund Makes Adjustments in Anticipation of Listing Common Stock on an Exchange
December 29, 2024
MSC Income Fund Inc., a non-traded business development company formerly known as HMS Income Fund, announced its next steps as...
Apollo Realty Income Solutions Appoints Jess Lipsey as New CEO and President
December 29, 2024
Apollo Realty Income Solutions Inc., a non-listed net asset value real estate investment trust sponsored by Apollo Global Management Inc.,...
Cohen & Steers REIT and Sterling Acquire Bay Area Shopping Center for $127 Million
December 29, 2024
Cohen & Steers Income Opportunities REIT Inc., a perpetual-life, non-listed real estate investment trust sponsored by investment management firm Cohen...
Devon Self Storage Takes Over Property Management of Inland Properties in Houston
December 29, 2024
Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has assumed the property management of...
Inland Co-Founder G. Joseph Cosenza Passes at 81
December 26, 2024
The Inland Real Estate Group of Companies, Inc. announced the passing of its co-founder, director and vice chairman, G. Joseph...
Struggling KBS REIT III Announces Newest Loan Extension Agreement as NAV Plummets 30%
December 26, 2024
KBS Real Estate Investment Trust III, Inc., a publicly registered non-traded real estate investment trust, announced that it has amended...
Deutsche Bank Securities Agrees to $4M Settlement for Untimely SARs Reporting
December 26, 2024
The U.S. Securities and Exchange Commission announced that it has charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of...
SEC Adopts Amendments to Broker-Dealer Customer Protection Rule
December 26, 2024
The U.S. Securities and Exchange Commission announced that it has adopted amendments to Rule 15c3-3, also known as the customer...
Alts 2024 Fundraising Totals $109.4 Billion, Led by Non-Traded BDCs
December 25, 2024
According to investment banking firm Robert A. Stanger & Company Inc., alternative investment fundraising totaled approximately $109.4 billion through November...
Colorado-Based Investment Manager Accused of Misusing Opportunity Zone Funds
December 25, 2024
The Colorado Division of Securities is pursuing legal action against an investment manager whom it claims has defrauded investors and...
Five Questions for: Sponsor Growth Solutions Founder Heidi Wheatley
November 18, 2024
In AltsWire’s latest installment of “Five Questions for…” the editorial team interviewed Heidi Wheatley – founder of Sponsor Growth Solutions. Wheatley brings...
Morgan Stanley Dealt Major Blow in Deferred Compensation Suit
November 8, 2024
In a recent ruling, New York Southern District Court Judge Paul Gardehpe denied Morgan Stanley’s motion to reconsider a November...
Five Questions for: Envision Financial Systems Executive Vice President Brian Jones
October 25, 2024
In AltsWire’s latest installment of “Five Questions for…” the editorial team interviewed Brian Jones, Envision Financial System’s executive vice president. Since 1994,...
With Non-Traded BDC Fundraising Up 92%, Stanger Expects Capital Formation to Surpass $34B by Year’s End
October 22, 2024
Illiquid and semi-liquid alternative investment fundraising totaled approximately $87.5 billion through September 2024 led by non-traded business development companies at...
Apollo Debt Solutions BDC Completes $754.7 Million Term Debt Securitization With Morgan Stanley
October 21, 2024
Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, recently announced that...
