All articles by Satarupa Bhowmik

Satarupa Bhowmik

Schroders Capital Solutions hires new CIO from BlackRock

Bhandari was earlier a senior portfolio manager at BlackRock, managing multi-asset investments and serving a broad client base.

Genstar Capital reportedly in talks to acquire controlling stake in First Eagle

The potential deal is expected to value First Eagle Investment Management at over $4bn.

LPL Financial taps SS&C’s ALTSERVE platform to enhance alternatives business

SS&C ALTSERVE’s integration with LPL’s systems will streamline the transfer and onboarding of alternative investment positions into LPL custody.

Hamilton Lane opens new office in Dubai

The new office increases Hamilton Lane’s footprint in the EMEA region to seven locations.

Australia’s Perpetual turns down KKR’s takeover bid

Perpetual is streamlining operations by splitting its business, targeting cost savings in asset management.

SS&C supports fund administration for Arrowpoint

The multi-strategy fund, managed by 18 portfolio managers across Hong Kong and Singapore, employs various investment strategies.

Abrdn weighs China asset management JV with Citic unit

Abrdn plans to acquire a majority stake in its partnership with Citic Wealth, Citic Bank’s wealth management unit.

Apollo joins InvestCloud’s private markets account network

InvestCloud and Apollo partner to integrate latter’s private market portfolios and multi-manager models into wealth management accounts.

India’s Waterfield Advisors raises $18m in funding

The investment will enhance Waterfield’s wealth advisory services by upgrading technology and expanding in key financial hubs.

AI-based alternatives platform 73 Strings raises $55m in Series B funding

This fundraise was led by Growth Equity at Goldman Sachs Alternatives and will speed up 73 Strings’ product development.