SEC Charges Real Estate Companies, CEO With Fraud for Misappropriating Investor Assets
July 8, 2024
The U.S. Securities and Exchange Commission charged Newport Beach, Calif.-based John J. Kralik V and his companies JKV Capital LLC...
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PGIM Credit Income Fund Alters Fee Structure on Class A, C Shares
July 5, 2024
PGIM Credit Income Fund, a diversified closed-end interval fund managed by PGIM Investments LLC, amended its prospectus to reflect fee...
Ex-PNC Investments Team With $380 Million in Assets Joins LPL’s Momentum Wealth Partners
July 5, 2024
The advisers of First Summit Capital Management have joined LPL Financial’s broker-dealer, registered investment adviser and custodial platforms – aligning...
FINRA Orders Merrill Lynch to Pay Nearly $1.5 Million in Restitution for Supervisory Failures
July 5, 2024
Merrill Lynch, Pierce, Fenner & Smith Incorporated – the global investment banking and multiservice brokerage firm and subsidiary of Bank...
AR Global’s Healthcare Trust REIT to Internalize Management in Anticipation of Public Listing
July 2, 2024
Healthcare Trust Inc., a non-traded real estate investment trust sponsored by Nicholas Schorsch’s AR Global, announced that it intends to...
Cantor Fitzgerald OZ Venture to Develop Mixed-Use Project in Summerville, S.C.
July 2, 2024
Affiliates of Cantor Fitzgerald L.P., a global financial services firm and real assets investment company, and Silverstein Properties, a global...
Cetera Adds Pair of RIAs With More Than $234 Million AUA
July 2, 2024
Two wealth management firms recently joined Cetera Financial Group. Sonterra Wealth Management LLC, led by Jake Spruiell, was formerly with...
The Rate Cuts Are Coming! The Rate Cuts Are Coming!
July 2, 2024
The fog of conflicting economic data reminds me of an observation a colleague once shared with me – there is...
Hamilton Point Investments Fully Subscribes $196 Million HPI Real Estate Fund XII
July 1, 2024
Hamilton Point Investments LLC, a real estate private equity firm, announced the close of HPI Real Estate Fund XII LLC....
Sixteen Entities File Amici Briefs in Support of Lawsuit Against SEC’s Gag Rule
July 1, 2024
The New Civil Liberties Alliance, a nonprofit public interest law firm founded to combat what it views as unlawful uses...
Crescent BDC Declares Initial Shareholder Distributions, Reports 1.32% Increase on Total NAV
July 1, 2024
Crescent Private Credit Income Corp., a non-traded perpetual-life business development company, declared distributions for the first time last week. As...
Snowden Lane Partners Adds Morgan Stanley Veteran With $1 Billion in Client Assets
July 1, 2024
Independent wealth advisory Snowden Lane Partners announced that Jaime Sanchez Yarza, formerly with Morgan Stanley, has joined Snowden Lane as...
Perigon Wealth Management Acquires NY-Based Firm Formerly With Commonwealth
July 1, 2024
Perigon Wealth Management LLC, an independent wealth management firm and registered investment adviser with offices across the country and approximately...
Inland Takes Chicago Retail-Focused DST Full Cycle, Delivers 1.75x Equity Multiple to Investors
June 28, 2024
Real estate investment manager Inland Private Capital Corporation has sold a retail property currently leased to Best Buy and Golf Galaxy...
NewEdge Advisors Lures $580 Million Team Formerly With J.P. Morgan Securities
June 28, 2024
New Orleans-based registered investment adviser NewEdge Advisors LLC announced that Fortis Wealth Advisors, a Dallas-based team, has joined the firm...
Go Store It Self Storage Fund Opens New Facility in Miami
June 28, 2024
Go Store It Self Storage, an affiliate of Madison Capital Group Holdings, has opened its latest facility in Opa-locka, Fla. The...
Skyway Capital Markets Promotes Rob Woomer to CEO
June 27, 2024
Skyway Capital Markets LLC, a managing broker-dealer and wholesale securities distribution firm, announced that Rob Woomer has been promoted to...
Bluerock High Income Institutional Credit Fund Announces 14.4% Distribution Rate for Q3 2024
June 27, 2024
Bluerock High Income Institutional Credit Fund, an income-focused interval fund with a portfolio comprised of pools of diversified collateralized loan...
Five Questions for: Shopoff Realty Investments President Bill Shopoff
June 27, 2024
In AltsWire’s latest installment of “Five Questions for…” the editorial team interviewed Bill Shopoff – founder, president, and chief executive...
Apollo Debt Solutions BDC Reports 6.78% Increase to Monthly Total NAV
June 27, 2024
Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, has announced its...
