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Monthly Archives: July 2017

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...