CIM Group Expands Private Wealth Team With Weisenfeld Hire
July 7, 2025
As it continues to grow its private wealth group, CIM Group has added financial services veteran Paul Weisenfeld as head...
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
BlackRock to Acquire and Integrate $7.3B ElmTree Funds Into New PFS Platform
July 7, 2025
BlackRock Inc. (NYSE:BLK) – the world’s largest asset manager with $11.6 trillion in assets – has entered into a definitive...
Four Springs TEN31 Xchange Acquires Aviation Infrastructure Asset
July 7, 2025
Four Springs TEN31 Xchange, i.e., FSXchange, a sponsor of Delaware statutory trusts focused on industrial and healthcare 1031 real estate...
BlackRock Completes Acquisition of Credit Firm HPS Investment Partners
July 3, 2025
BlackRock Inc. (NYSE:BLK) and HPS Investment Partners announced the successful completion of BlackRock’s acquisition of HPS. The HPS business will...
FS Specialty Lending Fund Seeks Shareholder Approval for Closed-End Conversion
July 3, 2025
FS Specialty Lending Fund – a non-traded business development company sponsored by FS Investments and formerly known as FS Energy...
Invesco Real Estate Income Trust Introduces New Share Classes
July 3, 2025
Invesco Real Estate Income Trust Inc., a publicly registered non-listed real estate investment trust that invests primarily in stabilized, income-oriented...
FINRA Returns $50 Million in Regulatory Fees to Member Firms
July 2, 2025
The Financial Industry Regulatory Authority has announced a $50 million fee rebate for its active member firms in good standing....
Apollo Realty Income Solutions Initiates $5B Follow-On Offering, Restructures Shares
July 2, 2025
Apollo Realty Income Solutions Inc., a non-traded net asset value real estate investment trust sponsored by Apollo Global Management Inc.,...
Keeping It in the Family? FINRA Fines Former LPL Rep for Breach
July 2, 2025
The Financial Industry Regulatory Authority announced that it has suspended and fined Paul X. Nannicelli, a former general securities representative...
Bonaventure Launches $34.1 Million Messenger Place DST in D.C. Suburb
July 2, 2025
Alternative investment manager Bonaventure Holdings LLC has launched Messenger Place DST, a 1031 exchange investment vehicle tied to a 94-unit...
Cetera Introduces Alternative Investments Allocation Models
July 2, 2025
Cetera has introduced the first of several planned alternative investments allocation models designed specifically for advisers who want to provide...
Invesco Real Estate Income Trust Fully Subscribes $85.7 Million DST Offering
July 2, 2025
Invesco Real Estate Income Trust Inc., a publicly registered non-listed real estate investment trust that invests primarily in stabilized, income-oriented...
Alts Distributor Pacific Oak Capital Markets Ceases Operations
July 1, 2025
Alternative investment distributor Pacific Oak Capital Markets LLC has closed its doors. The June 30 announcement was made on its...
RREEF Property Trust Stockholders Each Receive 17% of Redemption Requests for June
July 1, 2025
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, received...
Cove Capital Launches Five-Asset $27.69M Offering for 1031 Exchange Investors
July 1, 2025
Cove Capital Investments LLC has launched Diversified Portfolio 88 DST, a private placement offering which seeks to raise roughly $27.69...
Madison Capital Markets Expands Exec Team With Pair of Hires
June 30, 2025
As part of its ongoing commitment to performance, innovation and delivering best-in-class results to investors and partners, Madison Capital Group-affiliate...
LPL Layoffs to Impact 152 Employees, Including From Recent Atria Acquisition
June 30, 2025
LPL Financial announced two distinct rounds of layoffs impacting a total of 152 employees, signaling a period of organizational restructuring....
Gen X Emerges as Prime Target for Wealth Managers Amid $124 Trillion Transfer
June 30, 2025
Nearly $124 trillion in wealth will be transferred between now and 2048, with Generation X projected to inherit the greatest...
Cottonwood Hires SVP of Capital Markets for Its Northwest Territory
June 30, 2025
CW Markets Group, a branch office of Orchard Securities – the capital markets division and wholesale distribution arm of Cottonwood...
Supreme Court to Weigh Private Party Suits Against Investment Funds
June 30, 2025
The U.S. Supreme Court has agreed to hear a case, FS Credit Opportunities Corp., et al., Petitioners v. Saba Capital Master...
