Net flows in asset management reach highest level in six years, wealth management assets up $135.5 billion or 140%, and U.S. becomes CI’s largest business unit by assets.
“In December, CI completed the previously announced acquisitions of registered investment advisor firms CPWM, LLC of Seattle (which does business as Columbia Pacific Wealth Management), Gofen & Glossberg, LLC of Chicago, RegentAtlantic Capital, LLC of Morristown, N.J., and R.H. Bluestein & Co. of Birmingham, Mich., and completed minority investments in alternative investment firms Columbia Pacific Advisors, LLC of Seattle and GLAS Funds, LLC of Cleveland. The six firms manage combined assets of approximately $39.4 billion.”
Understanding General Partner (GP) Stakes Investing
Exploring Private Capital and its Role in Portfolios
A Guide to Secondaries Funds: The Rise of Secondaries Funds As a Compelling Private Portfolio Allocation
Background on the Secondaries Market It’s well known that private capital investment opportunities are long-term investments that are highly illiquid. In other words, it can take multiple years to receive material liquidity from private capital funds, and it may take over 10 years for a fund to fully liquidate. For investors that demand liquidity, it’s […]