SEC Charges Atlanta-Based Firm and Its CEO With $300 Million Ponzi Scheme
August 14, 2024
The U.S. Securities and Exchange Commission announced that it obtained a preliminary injunction, asset freeze, and other emergency relief against...
Mari Nicholson
Mari Nicholson is the managing editor of AltsWire. She reports on alternative investments for retail investors that are distributed via broker-dealers and registered investment advisers, as well as topics that affect these investors, financial advisers, and sponsors. Alternative investment funds covered by AltsWire include real estate investment trusts, business development companies, interval funds, closed-end funds, Delaware statutory trusts, utilized for tax-advantaged 1031 exchanges, qualified opportunity zone funds, as well as other unlisted publicly registered offerings and private placement investments.
Articles
Carter Funds Expands RIA Sales Team With VP, Internal Sales Hire
August 14, 2024
Integrated real estate acquisition and investment management firm Carter Funds announced it has grown the capabilities of its registered investment...
Strategic Storage Trust VI Declares Inaugural NAV for All Share Classes
August 14, 2024
Strategic Storage Trust VI Inc., a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self...
Family-Owned $630 Million Krueger Financial Services Exits Osaic for Commonwealth
August 14, 2024
Krueger Financial Services of Tempe, Ariz., has joined the Commonwealth Financial Network of independent financial advisers. Formerly affiliated with Osaic,...
Walton Global Closes on 340-Acre Sale Tagged for Residential Development in Edmonton
August 14, 2024
Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, reported the sale...
World Investment Advisors, Formerly Pensionmark, Names New CFO
August 14, 2024
Financial advisory firm World Investment Advisors and the financial services division of World Insurance Associates LLC has named Kevin Ryan as chief...
ExchangeRight Fully Subscribes $82.3 Million DST Offering
August 13, 2024
ExchangeRight, a Pasadena, Calif.-based sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, has fully subscribed...
Phoenix American Sells Fund Admin/Transfer Agent Business to Vistra
August 13, 2024
Phoenix American Financial Services Inc. – a provider of fund administration, fund accounting, and transfer agent services for the alternative...
JLL Income REIT Elects Brad Gries to Replace Kristy Heuberger on Board
August 13, 2024
JLL Income Property Trust Inc., a daily net asset value non-traded real estate investment trust, announced that Kristy F. Heuberger...
SEC Charges MLM With $650 Million Crypto Fraud of 200K Investors
August 13, 2024
The U.S. Securities and Exchange Commission charged Cynthia and Eddy Petion, along with their company, NovaTech Ltd., with operating a...
Software Companies Seek to Advance ‘Wealthtech’ Solutions Offered by Financial Advisers
August 13, 2024
FusionIQ, a provider of cloud-based wealth management solutions for financial advisers, announced a mutual referral agreement with interVal, a provider...
AR Global’s Healthcare Trust REIT Enters Agreement to Internalize Management in Anticipation of Listing
August 12, 2024
En route to a potential future listing of its common stock on a national securities exchange, Healthcare Trust Inc. –...
Ecofin Interval Fund Seeks Liquidation Approval From Shareholders
August 12, 2024
Via a recommendation made by its investment adviser, Ecofin Tax-Exempt Private Credit Fund Inc. – an interval fund primarily invested...
Kestra PWS, HF3 Wealth Partners Adds Managing Partner From Edward Jones
August 12, 2024
Kestra Private Wealth Services, a registered investment adviser subsidiary of Kestra Financial Inc., and its partner – Alexandria, Va.-based HF3...
Directory Spotlight: UMB
August 12, 2024
T. Rowe Price, OHA Private Credit Fund Declares Q2 2024 Special Distribution
August 9, 2024
T. Rowe Price OHA Select Private Credit Fund, or OCREDIT – a joint investment offering sponsored by T. Rowe Price...
Strategic Student & Senior Housing Trust Sells Final Student Property for $72.25 Million
August 9, 2024
Strategic Student & Senior Housing Trust Inc. – a publicly registered, non-traded real estate investment trust – sold its final...
Walton Global Launches $5.1 Million DST Offering in Delaware’s Kent County
August 9, 2024
Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, has launched Delaware Growth 1...
Cetera RIA Adds $180 Million-Asset Watters Financial Services
August 9, 2024
Cetera's employee-based registered investment adviser, The Retirement Planning Group, or TRPG, has acquired Watters Financial Services. With approximately $180 million in assets...
Capital Square Fully Subscribes Multifamily OZ Development in Knoxville
August 8, 2024
A Knoxville, Tenn., opportunity zone offering sponsored by Capital Square has been fully subscribed. The Regulation D private placement offering...
