All articles by Satarupa Bhowmik
Satarupa Bhowmik
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.
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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.
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.