Blackstone Registers New Interval Fund
Private equity giant The Blackstone Group (NYSE: BX) has filed registration documents with the Securities and Exchange Commission for a new interval fund, the...
SEC Commissioner and Massachusetts Regulator at Odds Over DOL Fiduciary Rule Support
SEC Commissioner Michael Piwowar filed a public comment letter with the Department of Labor outlining his opposition to the fiduciary rule, a view which...
Nuview Rebrands and Launches In-House IRA Custodial Services
NuView IRA, an individual retirement account custodian that specializes in alternative investments, has changed its name to NuView Trust Company Inc. and is now...
GPB Capital Buys Stakes in Two NYC Waste Management Companies
GPB Capital, a New York-based asset management firm, has acquired stakes in two New York City waste management companies, Joe Morea & Sons Private...
Benefit Street Exits as Sub-Adviser to Griffin-Benefit Street Partners BDC
Benefit Street Partners will no longer serve as sub-adviser to Griffin-Benefit Street Partners BDC Corp., effective July 31st, according to a filing with the...
LPL 2Q17 Earnings Per Share Up 40 Percent Year-Over-Year
LPL Financial Holdings Inc. (NASDAQ: LPLA) announced its second quarter of 2017 earnings yesterday and held a conference call to discuss the results. Earnings...
Blackstone REIT Shareholders Approve Charter Amendment at Reconvened Annual Meeting
Blackstone Real Estate Income Trust Inc., a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), reconvened its 2017...
Lighstone Value REIT II Sells Hotel Portfolio for $101 Million
Lightstone Value Plus Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, sold a portfolio of seven hotels to...
Ameriprise Reports 17% Increase in Net Income and 4% Growth in Net Revenues
Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported its financial results for the second quarter of 2017 and held...
FS Investments Promotes Mike Kelly to President
FS Investments, an alternative investment manager formerly known as Franklin Square Capital Partners, has promoted chief investment officer, Mike Kelly, to president of the...
Steadfast Apartment REIT III Buys $63.3 Million Multifamily Community Near Denver
Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, purchased Belmar Villas, a 318-unit multifamily community in the Denver suburb...
ADISA and the Financial Services Roundtable to Study Early Effects of the DOL Fiduciary...
The Alternative & Direct Investment Securities Association, a trade association representing the non-traded alternative investment industry, is teaming up with the Financial Services Roundtable...
SEC: Texas Company and its President Agree to Settle Oil and Gas Offering Fraud
A Texas company and its president have agreed to pay nearly $300,000 to settle charges by the Securities and Exchange Commission related to an...
The DI Wire Q&A with Sandlapper Founder and CEO Trevor Gordon
The DI Wire sat down with Trevor Gordon, founder and chief executive officer of Sandlapper Securities LLC, to discuss the company, the future of...
Behringer Harvard Opportunity REIT II Changes Name
Behringer Harvard Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, has changed its name to Lightstone Value Plus Real Estate...
Rockspring Capital Acquires 7-Acre Property in Houston
Rockspring Capital, a privately-owned real estate investment firm and Reg D fund sponsor, purchased a 7-acre site in Houston, Texas in a joint venture...
Three Hartman REITs Announce Definitive Merger Agreement
Hartman Short Term Income Properties XX Inc., Hartman Income REIT Inc., and Hartman Short Term Income Properties XIX Inc., three affiliated real estate investment...
NexPoint Multifamily Capital Trust to Change Name and List on NYSE
NexPoint Multifamily Capital Trust Inc., a publicly registered non-traded real estate investment trust, terminated its $1 billion offering and deregistered its remaining Class A...
BDCA Reduces Distribution Rate
Business Development Corporation of America, a publicly registered non-traded business development company advised by an affiliate of Benefit Street Partners, reduced its annual distribution...
Thomas Gentry Joins MCI as Regional Vice President
MCI (Megatel Capital Investment), the capital markets division of the Megatel Group of companies, has hired Thomas Gentry to serve as regional vice president...
