Eagle Point Institutional Income Fund Reports 12.8% Annual Return at Midyear
September 4, 2024
Eagle Point Institutional Income Fund, a non-traded closed-end fund managed by Eagle Point Credit Management LLC, recently exceeded $100 million...
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
Ex-Wells Fargo FiNet Teams Bring Over $900 Million in Assets to LPL
September 4, 2024
LPL Financial LLC attracted several recent Wells Fargo Financial Advisors Network, i.e., FiNet, teams to its practice in the past...
Stanger: Aggregate Net Asset Value of NAV BDCs Up 15% in Q2 2024 Versus Q1 ’24
September 3, 2024
The non-listed business development company sector totaled $125 billion in investment value and $75 billion in net asset value as...
CAI Investments Launches All-Cash DST With Acquisition of S.C. Industrial Facility
September 3, 2024
Las Vegas-based CAI Investments LLC – an asset manager, developer, and private placement sponsor – recently acquired an industrial facility in...
SEC Charges Purported Investment Adviser With Making Document Misrepresentations
September 3, 2024
The U.S. Securities and Exchange Commission announced charges against purported investment adviser Wisdom Capital Management Group Ltd. for making material...
CEDARst, Bridge Investment Group Secure Financing for Multifamily Development in Vancouver OZ
September 3, 2024
Chicago-based developer CEDARst Companies and its joint venture partner, Bridge Investment Group, recently refinanced The Miller multifamily community with a...
Directory Spotlight: LODAS Markets
September 3, 2024
Sequoia Financial Group and Accounting Firm Eide Bailly Form Wealth Management Partnership
August 30, 2024
Sequoia Financial Group LLC, a wealth management firm with more than $19.3 billion in assets under management as of June 30, 2024, and Eide...
Merrill Lynch and BofA Securities Fined $3 Million for Supervisory Lapses Related to Manipulative Trading Activities
August 30, 2024
The Financial Industry Regulatory Authority has fined Merrill Lynch, Pierce, Fenner & Smith Incorporated, and BofA Securities Inc. (collectively referred...
Leitbox Storage Partners Acquires Self-Storage Facility in Maryland
August 30, 2024
Leitbox Storage Partners, a Birmingham, Ala.-based self-storage investment and development platform, announced the acquisition of Main Street Storage located in...
Hines Global Income Trust’s NAV Holds Steady for Another Month
August 30, 2024
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by Hines, has declared a net...
Treasury Unveils Final Anti-Money Laundering Rules for RIAs
August 29, 2024
The U.S. Treasury Department finalized new anti-money-laundering rules affecting U.S. Securities and Exchange Commission-registered investment advisers. Its Financial Crimes Enforcement...
JPMREIT Closes on Loan for Multifamily Property, Reports a 3.5% Total Monthly NAV Increase
August 29, 2024
J.P. Morgan Real Estate Income Trust Inc., or JPMREIT – a non-listed perpetual life real estate investment trust – closed...
SEC Charges China-Based QZ Asset Management and CEO in Multimillion-Dollar Fraud Scheme
August 29, 2024
The U.S. Securities and Exchange Commission announced charges for China-based investment adviser QZ Asset Management Limited a/k/a Qianze Asset Management...
Crescent Private Credit BDC Reports Nearly 0.7% Total NAV Increase
August 29, 2024
Crescent Private Credit Income Corp., a non-traded perpetual-life business development company, had an aggregate net asset value of approximately $161.3...
Go Store It Self Storage and Snapbox Self Storage Announce Merger
August 29, 2024
The companies Go Store It Self Storage and Snapbox Self Storage have merged, combining their platforms to form one of...
Aphorio Carter Infrastructure Fund Acquires Denver-Based Data Center
August 28, 2024
Aphorio Carter Critical Infrastructure Fund, LLC, a private placement offering focused on infrastructure and data center investments, has acquired the...
Apollo Debt Solutions BDC Reports Another Increase to Monthly Total NAV
August 28, 2024
Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, recently announced its...
Cetera Financial Adviser Teams Join LPL, Bringing $350 Million in Combined Assets
August 28, 2024
This summer, several financial adviser teams joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms from Cetera. Together, SoundWay...
