iCapital to Acquire AI-Powered AltExchange to Enhance Data Management Capabilities
October 30, 2024
Global fintech platform iCapital announced it has entered a definitive agreement to acquire AltExchange – an AI-driven technology firm focused...
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
Kestra Financial Lures $1.4 Billion Wealth Empowerment Financial Strategies
October 30, 2024
Kestra Financial has added Wealth Empowerment Financial Strategies, or WEFS, to its network of independent wealth management firms. Led by Eric...
JLL REIT Sells Bay Area Industrial Portfolio, Plans to Redeploy Capital
October 30, 2024
JLL Income Property Trust, – a daily net asset value, non-traded real estate investment trust with approximately $6.6 billion in...
GeoWealth Separately Partners With iCapital-BlackRock, Goldman Sachs on Strategic UMA Solutions
October 30, 2024
Financial technology firm GeoWealth announced its latest efforts to help registered investment advisers and the accredited investors they serve. Most recently,...
Fortress Net Lease REIT Secures $450 Million Total Credit Facilities Amendment
October 30, 2024
Fortress Net Lease REIT, a recently launched, perpetual, nontraded real estate investment trust sponsored by Fortress Investment Group, announced an...
Traded REITs Heat Up in Summer Rally as NAV REITs Stay Cool
October 29, 2024
Investment banking firm Robert A. Stanger & Co., Inc., has published its third-quarter, non-listed real estate investment trust edition of...
Inland REIT Names Financial Adviser to Conduct Review of Strategic Alternatives
October 29, 2024
Inland Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, has engaged BMO Capital Markets Corp....
Cerulli: Investor Preference for Fiduciary Accounts Up 16%; Interest in Less-Liquid Alts Also on Rise
October 29, 2024
Cerulli Associates, an international research and consulting firm, found that client assets in managed accounts continue to climb as investors...
Hamilton Point Fund Nets $3.3 Million Profit on Oklahoma City Multifamily Property Disposition
October 29, 2024
Hamilton Point Investments announced yet another profitable property sale on behalf of HPI Real Estate Fund VIII with the disposition...
Cantor Fitzgerald, Silverstein Opportunity Zone Project Tops Out in Tempe, Ariz.
October 29, 2024
Affiliates of Cantor Fitzgerald LP and Silverstein Properties announced the topping out of Shorehaven, a mixed-use, opportunity zone development on...
FS Credit Income Fund Announces Significant Changes to Fees and More Following Sub-Adviser Resignation
October 28, 2024
FS Credit Income Fund, an alternative credit strategy sponsored by FS Investments, announced that it has lowered its management fee...
KBS REIT III Buys Time on $600 Million Portfolio Loan
October 28, 2024
KBS Real Estate Investment Trust III Inc., a publicly registered non-traded real estate investment trust, announced that it has amended...
Cantor Fitzgerald REIT Satisfies 64% of Repurchase Requests; Total Monthly NAV Up 4.8%
October 28, 2024
Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust,...
InPoint Commercial REIT Tells Stockholders to Reject Third Party’s Mini-Tender Offer
October 28, 2024
The board of directors of InPoint Commercial Real Estate Income Inc. – a commercial mortgage non-traded real estate investment trust...
Directory Spotlight: Cottonwood
October 28, 2024
Bluerock Total Income+ Real Estate Fund Secures $750 Million Line of Credit
October 25, 2024
Bluerock Total Income+ Real Estate Fund, a closed-end interval fund, announced that it has closed on a $750 million revolving...
Ameriprise Financial Reports 22% Year-Over-Year Increase in AUM, AUA
October 25, 2024
Ameriprise Financial reported that assets under management and administration reached $1.5 trillion at the end of September 2024, up 22%...
Gladstone Securities Adds Pair of External Wholesalers
October 25, 2024
Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies which acts as dealer manager on alternative investment offerings for...
LPL Lures Ex-Osaic, Cincinnati Team Serving $800 Million in Assets
October 24, 2024
The financial advisers at Dougherty, Tedesco & Associates have joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. They...
Pinnacle Partners Closes First Multi-Asset Opportunity Zone Fund, Raising $90 Million
October 24, 2024
Real estate investment management firm Pinnacle Partners announced the closure of its 12th qualified opportunity zone fund, Pinnacle Partners Opportunity...
