All articles by Satarupa Bhowmik

Satarupa Bhowmik

Concurrent introduces WealthSelect investment platform

WealthSelect eases wealth management with intuitive tech, institutional-grade investment strategies, and dedicated consulting.

Altruist secures $152m in Series F round at nearly $1.9bn valuation

This funding round also saw participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, among others.

TPG, Temasek to take minority stake in fund manager Cliffwater

Cliffwater’s management will hold majority control and continue overseeing operations after the transaction.

Macquarie to sell North America-Europe public investments business to Nomura

The acquisition includes all assets, teams, offices, as well as the operating platform.

State Street reports 39% surge in Q1 2025 profit

The company has reported $3.28bn in revenue in Q1 2025, a 5% increase from $3.13bn in Q1 2024.

Schroders trims headcount at China fund management arm

The reductions mainly impacted the SIMC’s wholesale sales and client service staff.

Constellation invests in Connecticut RIA Procyon Partners

CWC’s resources will help Procyon enhance capabilities, boost advisor support, and open new US offices.

Skadden, Arps, Slate, Meagher & Flom leads M&A legal advisory in South & Central America for Q1 2025

Skadden, Arps, Slate, Meagher & Flom led the charts by advising on two transactions worth a combined $1.7bn.

RBC Capital Markets, UBS lead M&A advisory in South & Central America for Q1 2025

RBC Capital Markets ranked first in deal value, advising on transactions totalling $1.7bn.

UK’s financial regulator sets up US and Asia-Pacific outposts

Tash Miah will represent FCA at the British Embassy in Washington, DC, while Camille Blackburn will be Asia-Pacific director.