All articles by Satarupa Bhowmik
Satarupa Bhowmik
Generali to buy majority stake in credit investment firm MGG for $320m
MGG will remain under Kevin Griffin’s leadership, with its investment strategy and processes unchanged.
BlackRock records profit of $1.67bn in Q4 2024
BlackRock generated $20.41bn in full-year 2024 revenue, compared with $17.86bn in the previous year.
Advisor360° takes over Gen AI tech firm Parrot AI
This acquisition enables Advisor360° to offer advanced tools for recording, transcribing, and summarising meetings.
Elevation Point picks stake in Michigan RIA Stonebrook Private
Stonebrook Private is engaged in providing wealth, tax, and estate planning services.
Mariner adds $1bn in assets with three acquisitions
The deals form part of Mariner’s efforts to expand to 5,000 advisors by 2027.
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Wealth Enhancement acquires Ohio RIA Danison & Associates
This deal adds over $82m in client assets of Danison & Associates to Wealth Enhancement’s portfolio, which now exceeds $103bn.
Liechtenstein’s LLB completes acquisition of ZKB Austria
The acquisition sees LLB taking over 100% of ZKB Austria’s share capital. Credit: fizkes/Shutterstock.
Bain Capital sweetens buyout offer for Insignia to nearly $1.8bn
Insignia is receiving financial advice from Citigroup, Gresham Advisory Partners, and legal counsel from King & Wood Mallesons.
Kuwaiti asset manager Markaz adopts Objectway tech
Objectway tech is said to help Markaz gain access to data-driven decision-making capabilities for client-facing activities.
Nomura appoints new COO for international wealth business
Nemali will report to Aleem Jivraj, Nomura’s COO of global markets, and Ravi Raju, head of international wealth management.