Michael Parker, formerly RBC’s wealth management head of recruiting and Michael Armondo, formerly Merrill’s Market Executive in Dallas have joined Rockefeller Capital Management to help build out the firm’s wealth management business. The Parker and Armondo hires follow on the heels of a flurry of hires over the last year by Fleming and his high […]
Some people are simply a joy to be around. The conversation flows effortlessly. You laugh. You’re genuinely interested. You look forward to seeing them, and when you part ways you feel like their company was a valuable use of your time. Obviously, this connection has partly to do with how much you have in common, […]
Opportunistic alternative credit investment manager Nut Tree Capital has reached $1B in total AUM. The firm, led by founding partner and CIO Jed Nussbaum, is part of the Bahrain based Investcorp Hedge Fund Partnership platform. Lionel Erdely, head of the platform said “From the first day we met Jed and his team back in 2015, […]
Mackenzie Investments announced the launch of three new liquid alternative funds. The newly launched funds will be part of the investment firm’s alternative investment offerings which currently includes their multi-strat absolute return fund. In a statement released by Mackenzie, Mike Schnitman, SVP of Products said “We can now take a modern approach to portfolio construction that […]
The age old question always asked when hiring a capital raiser. Is the candidate’s track record a function of deep investor relationships and their sales ability, or is it the market demand for the fund they are selling? We have studied that very question since conducting our first hedge fund search in 1990. Here, we […]
New York based Dynasty Financial Partners, a leader in the indie RIA platform provider space announced yesterday that they are moving their headquarters to St. Petersburg, Florida in the second quarter of 2019. The firm will continue to keep an office in NY, but it appears a large share of the business will now be managed […]
We all remember the data breach at Equifax two years ago, and the turmoil it created by directly affecting 143m consumers. Well, post-Equifax cyber attacks have increased on financial institutions at an alarming rate. In fact recent data indicates that customers of financial service firms have suffered over 60% more incidents than any other sector. […]
NYC just got blindsided when Amazon pulled the plug on their proposed NYC campus after a facing a passionate onslaught from progressive leader and their followers who opposed the deal NY had forged with the online giant. The original announcement by Amazon to build an expansive campus in Queens would have resulted 25,000 jobs for […]
WINDSOR, Conn., Feb. 13, 2019 /PRNewswire/ — The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2019 measured 3.59%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.11% in February. “SS&C GlobeOp’s Capital Movement Index for February 2019 of 1.11% shows increased net flows compared to the 0.96% reported for the same period […]
Every year in January the President travels down the street from the White House and enters the chambers of the United States House of Representatives to address our lawmakers and the nation on the state of the union. It is quite an affair accompanied by several traditions that have come to define the event. For the […]
