Mountain V Launches $20 Million Oil and Gas Fund
August 19, 2024
Mountain V Oil & Gas Inc., an oil and gas exploration and development company, has launched Mountain V 2024 Fund...
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
LPL Introduces Tech Consulting Service to Reduce Common Barriers to Technology Utilization and Effectiveness
August 19, 2024
Financial advisers have increased their use of technology in the past few years, according to recent research within the latest...
FINRA Fines NY-Based Broker-Dealer $225,000 for Anti-Money Laundering Lapses
August 19, 2024
The Financial Industry Regulatory Authority announced that it has censured and fined the full-service independent broker-dealer, American Portfolios Financial Services...
Directory Spotlight: The Private Shares Fund
August 19, 2024
LPL Lures Former Lincoln Team Who Brings $615 Million in Assets
August 16, 2024
Financial advisers Jason Walker, Vladimir Nikitenko, CFP, H. Scott Braswell, Rosty Tkachenko, and John Hydrick, CFP, have joined LPL Financial’s...
Origin Investments, CEDARst Companies Refinance Multifamily Community in Qualified Opportunity Zone
August 16, 2024
Multifamily investment sponsor Origin Investments and developer CEDARst Companies, its joint venture partner, have refinanced The Rosie multifamily community with...
Crescent Private Credit Income Corp. Shares 0.5% Decrease on Total NAV
August 16, 2024
Crescent Private Credit Income Corp., a non-traded perpetual-life business development company, had an aggregate net asset value of approximately $160.2...
Cove Capital DST Acquires Three Net Lease Properties
August 16, 2024
Cove Capital Investments LLC, an investment sponsor that specializes in providing accredited investors access to debt-free Delaware statutory trust investment...
Morgan Stanley Fined $400,000 for Trade Confirmation Disclosure Failures
August 16, 2024
The Financial Industry Regulatory Authority announced that it has censured and fined Morgan Stanley Smith Barney LLC $400,000 for inaccurate...
Ameriprise, Edward Jones, and LPL Among 26 Firms Fined More Than $390 Million by SEC for Recordkeeping Failures
August 15, 2024
Ameriprise Financial Services LLC, Edward D. Jones & Co., L.P., and LPL Financial LLC were among 26 broker-dealers, investment advisers,...
Inland Delivers 1.48x Equity Multiple to DST Investors With Student Housing Sale
August 15, 2024
Real estate investment manager Inland Private Capital Corporation announced the sale of Uptown Square, an off-campus student housing property serving...
En Route to Liquidation, Blackstone Interval Fund Pays Final Distribution to Shareholders
August 15, 2024
Continuing on its path to liquidation, Blackstone Floating Rate Enhanced Income Fund this week paid a second and final distribution...
ARCTRUST’s Steuterman to Retire as Company Completes 2020 Succession Plan
August 15, 2024
After 46 years in commercial real estate, James M. Steuterman is retiring at year’s end from his role as chairman...
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...
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...
