The bankrupt fintech platform, which had drawn users seeking access to pre-IPO shares of tech startups, claims a last-minute breach of contract threatens to delay recovery for more than 13,000 defrauded customers.
Jeff Bezos is closing in on an ownership deal involving the legacy soccer franchise, the latest sign of ultra-wealthy investors eyeing sports franchises as a core portfolio asset.
New data shows defaults at Ares, Blackstone, Blue Owl and Golub at their worst since 2021, even as Q2 fundraising sets pace for a record year.
Report finds that small, disciplined crypto allocations improved risk-adjusted returns across all client profiles over a three-year period.
Affordability has edged slightly higher for first-time buyers, but the gap between what Americans earn and what homeownership costs remains historically wide.
Platforms like Agentiq offering athletes upfront cash are drawing red flags from wealth advisors.
It’s been a tough year for such funds. For the year ending Monday, the S&P BDC Index was down 21.4%.
President calls out America's biggest oil companies for record earnings as war-driven crude prices push pump costs up 40%
The new BDC is aimed at wealth investors.
EisnerAmper's Nick Tsafos argues a reported probe by the SEC, along with fresh questions raised by AI, should push advisors to vet secondary PE exits more like new deals.
As billions in CRE assets prepare to change hands, advisors who understand portfolio transition strategies stand to gain.
Cerulli projects a surge in advisor-held private capital even as liquidity concerns persist and interval funds gain ground.
New 5-in-1 onboarding tool aims to cut subscription paperwork as advisor demand for private markets accelerates.
New Zillow and Case-Shiller data reveal a housing market fracturing along wealth lines, with record gains at the top.
Even as the SEC takes a special interest, most advisors lack the tools to evaluate single-asset continuation vehicles, says Opto's Head of Investment Management Matthew Malone.
VanEck is leaning on Allocate's operating platform to bring a private markets offering to financial advisors in weeks, not months.
The two alternative-investment platforms' new financing – coming from Blue Owl, Carlyle, Franklin Templeton and other big-name backers – signals deepening advisor demand for private-market access.
Lunn will work closely Citi’s Multi-Asset Class Solutions, Discretionary Alternatives, and Wealth CIO teams.
Tokenization goes mainstream with regulators watching prompting some firms to take a proactive approach.
The three-firm alliance debuts two closed-end funds giving wealth management clients simplified access to private equity, real estate and credit.
