Industry News
The investment consultant absorbed the investment advisor and financial planning firm’s base of clients totaling $1.4 billion in assets across 30 states.
The firm has added a four-member team from PIMCO to build its new private real estate credit platform.
Alternative asset manager ITE Management has received a strategic minority investment from funds managed by Blackstone Credit & Insurance.
The foundation is searching for a successor to monitor its investment performance, rebalance its portfolio and provide strategic direction to its general investment consultant regarding the selection and due diligence of managers and risk management.
The firm hired a head of client partnerships from a recently shuttered firm to lead its business development, consultant relations and relationship management efforts.
The firm has closed its largest real estate fund to date.
The fund surpassed its $1 billion initial target.
Private equity funds managed by Genstar Capital have agreed to make a majority investment in independent, privately owned firm First Eagle Investments.
The senior corporate analyst joined the firm from General Atlantic this month.
Rodney Zemmel has joined Blackstone as global head of portfolio operations.