All articles by Satarupa Bhowmik
Satarupa Bhowmik
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.
Rise Growth Partners invests in Massachusetts RIA Grimes & Company
This investment will provide Grimes with the necessary resources and expertise to expand its geographic presence.
Sweden’s EQT appoints new CEO
Franzen is currently the head of Private Capital for Europe and North America, in addition to being the deputy managing partner.
InCred Group buys Dubai wealth manager Arrow Capital
The acquisition of Arrow Capital will boost InCred Global Wealth’s assets to more than $2bn.
WRISE Group names new chief investment officer
Jingwei will be responsible for managing investment activities within the WRISE Prestige Hong Kong’s mass affluent segment.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Preqin introduces Allocator Hub to support private market investments
The Allocator Hub provides tools for asset allocation, manager selection, due diligence, and portfolio management.
Perpetual secures revised offer from KKR for wealth and corporate trust units
Negotiations on the financial details of the updated proposal are ongoing, with shareholder profits still to be finalised.
Global Wealth Management appoints new CEO
With Minkov at the helm, the company will continue working on improving client services, and growing its advisor network.
Prudential weighs listing Indian asset management JV
The company plans to return net proceeds from the divestment to shareholders and will share updates soon.
Swiss Life acquires ZWEI Wealth to enhance HNWI services
The acquisition supports Swiss Life’s strategy to expand private client investments by 2027.