Lisa Fu
The New Jersey-based manager intends to launch new products in the strategy on the back of two senior personnel moves.
Asian currency fluctuations in particular were a drag on the firm’s global opportunistic fund series in Q3.
Firms are scrambling to capitalize on the new investment opportunity, but the language and definitions in the legislation still need more clarity.
The New York-based firm garnered more than twice the amount of its previous capital raise.
The strategy taps a new federal program that encourages investment into low-income communities by offering tax benefits on an estimated $6.1trn of eligible unrealized capital gains.
The European real estate investment manager is one of the first institutional names to seek to raise capital on the blockchain.
The Ivy League endowment’s strategy of investing heavily in via active management strategies has seen copycat efforts from other endowments, but fee loads are prompting questions about whether that was such a good idea.
The asset class was among the worst-performing for the Ivy League university over the past 20 years.
The former leader of NREP’s Pelican Self Storage will step up to be the Nordic real estate firm’s second chief executive.
Bernie McNamara, former JPMorgan Asset Management global head of alternatives investment strategy, will join the firm as part of a three-year succession plan.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: