William Kahane replaces Nick Schorsch at American Realty Capital Global Trust

William Kahane replaces Nick Schorsch at American Realty Capital Global Trust
New executive chairman at REIT is longtime investment partner.
FEB 20, 2015
By  Bloomberg
American Realty Capital Global Trust Inc. appointed William Kahane as executive chairman, replacing Nicholas Schorsch. The company made the management change on Feb. 11, according to a filing today. Mr. Kahane resigned as chief operating officer, American Realty Capital Global Trust said. In December, Mr. Schorsch resigned from the boards of 13 companies to focus on strategy at his investment firm AR Capital. The departures came after he quit as chairman of American Realty Capital Properties Inc., which in October disclosed that it had accounting errors that were intentionally concealed. (More: Accounting fiasco highlights tangled web behind Nicholas Schorsch's empire)

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave