Capital Square Promotes Hirth to Executive Vice President of Asset Management
December 12, 2024
Capital Square, a sponsor of tax-advantaged real estate investments, has promoted Chris Hirth to executive vice president of asset management....
Mari Nicholson
Mari Nicholson is the managing editor of Alts Wire. 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 Alts Wire 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
SEC Charges L.A.-Based Individuals With Multimillion Dollar Fraud of at Least 40 Investors
December 12, 2024
The U.S. Securities and Exchange Commission filed charges against Los Angeles-based Frederick Tayton Dencer (Tayt Dencer), age 68, and his...
JLL Income Property Trust Acquires Minneapolis Industrial Park for $66.5 Million
December 11, 2024
JLL Income Property Trust – a daily net asset value, non-listed real estate investment trust with approximately $6.6 billion in...
SEC Charges Trio With Impersonating Advisers in Fraud Targeting Retail Investors
December 11, 2024
The U.S. Securities and Exchange Commission charged a trio – none of which are in the securities industry – with...
Former Western International Broker Settles SEC Charges for $2.1 Million
December 11, 2024
The U.S. Securities and Exchange Commission announced that it has filed a civil injunctive action against former broker Christopher Booth...
Bridge Investment Group Adds Trio to Enhance Wholesaling Efforts
December 10, 2024
Bridge Investment Group Holdings Inc. has hired three veterans – Mick Manning, Brian S. Rivera, and Dawn Impellizzeri – to...
Hamilton Point Fund Nets $9.6M Profit on Another Oklahoma Asset
December 10, 2024
The recent sale of Yukon on 15th in Oklahoma City, Okla., marks the seventh full-cycle transaction for Hamilton Point Investment’s...
Survey: Half of Advisers Allocate Over 10% Of Client Portfolios to Alts
December 10, 2024
According to the third annual independent survey conducted by CAIS and Mercer, nine in 10 financial advisers currently incorporate alternative investments...
SEC Fines Unregistered Rep for Role in $122 Million Oil & Gas Scheme
December 10, 2024
The U.S. Securities and Exchange Commission announced sanctions against David C. Underwood for his role in a $122 million oil...
Sealy Investment Securities Names New Head of Strategic Accounts
December 9, 2024
Sean McEntegart has become executive vice president of strategic accounts at Sealy Investment Securities LLC, the managing broker-dealer of Sealy...
SEC Fines Morgan Stanley $15 Million for Enabling Millions in Adviser Theft
December 9, 2024
The U.S. Securities and Exchange Commission announced that it has charged Morgan Stanley Smith Barney LLC, or MSSB, with failing...
NexPoint Fully Subscribes $46 Million Self-Storage DST Offering
December 9, 2024
Alternative investments firm NexPoint has fully subscribed its NexPoint Storage V DST. The Delaware statutory trust offering has reached its...
John Hancock Multi Asset Credit Fund Announces Name Change
December 9, 2024
John Hancock Multi Asset Credit Fund, an interval fund launched earlier this year by John Hancock Investment Management in partnership...
Kestra Private Wealth Services Adds $427M Ohio-Based Arc Private Wealth
December 9, 2024
Kestra Private Wealth Services, a registered investment adviser subsidiary of Kestra Financial Inc., recently announced the addition of Arc Private...
Griffin Capital Fully Subscribes $45M Multifamily DST in South Carolina
December 9, 2024
Private real estate investment manager Griffin Capital Company LLC has fully subscribed its multifamily 1031 exchange Delaware statutory trust offering,...
Minnesota Firm With $96 Billion in Assets Disaffiliates With LPL
December 9, 2024
Plymouth, Minn.-based registered investment adviser Wealth Enhancement Group is disaffiliating from LPL Financial, as confirmed by the independent broker-dealer and...
Trump Taps Finance Vet for Social Security, Names First AI/Crypto Czar
December 9, 2024
In addition to his nominating Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission, President-elect Donald...
Independent Proxy Advisory Recommends NexPoint Nominees for UDF IV Board
December 9, 2024
In the ongoing dispute between the parties, alternative investments firm NexPoint Real Estate Opportunities LLC announced that independent proxy advisory...
Cerulli: 57% Of Advisers Choose Asset Managers Based on Client Service Quality
December 9, 2024
As financial adviser practices extend their competitive positioning beyond investment management, Cerulli Associates said the practices’ reasons for selecting asset...
LPL Adds Community Service-Oriented Team With $550M in Client Assets
December 9, 2024
Financial advisers Amanda Miller, Devin Richard, and Jonathan Vila, CRPC, of Frontline Investment Advisors have joined LPL Financial’s broker-dealer and aligned with...
