Ron Carson’s Group Gets $35M From PE Firm
The wealth manager has some $6.5 billion in assets and has plans to expand.
Aberdeen to Buy FLAG Capital
The move expands the asset manager's reach in the alternatives business and among investors in Asia.
Top Portfolio Products: UBS Adds REIT ETN; Global X Launches Beta ETFs
Also, Diamond Hill rolls out valuation-weighted exchange-traded fund, and Pomona Capital adds private-equity product.
Individual, Institutional Investors Favor Private Equity
Private equity and venture capital appear to be in robust shape as 2015 begins.
Record Year for Private Equity Distributions
Preqin research shows private equity fund returns averaged 18% in 2013, outpacing capital calls by 46%, sees "positive momentum" continuing in 2014.
Taming Risk in Alts to Fit Into Client Portfolios
One veteran advisor explains how he mixes in venture capital and private equity, along with extra vigilance.
Private Fund Advisors Often Cited for Violations Over Fees, Expenses: SEC
Private equity firms are cited for deficiencies involving fees and expenses more than half the time the SEC looks at that area, OCIE’s Bowden says.
Carlyle Group Buys Minority Stake in Avalon Advisors
The Carlyle Group, one of the world’s largest private equity firms, has made a minority investment in Avalon Advisors, a Houston-based wealth advisor and asset manager with nearly $4 billion in assets under management.
Private Equity Firm Buys Indy BD First Allied
Independent broker-dealer First Allied announced that it has joined in an acquisition deal with private equity firm Lovell Minnick Partners, allowing the BD and Lovell to buy First Allied from parent Advanced Equities.