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Private Equity Firm to Purchase Majority Stake in Kestra Financial

Global private equity firm Warburg Pincus LLC has agreed to purchase a majority interest in independent broker-dealer Kestra Financial Inc. from its current owner...

GPB Capital Hires In-House Communications Executive

GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Brian Weisenberger as managing director to lead the firm’s new in-house...

Rodin Global Property Trust Makes Investments with Sponsor Cantor Fitzgerald Investors

Rodin Global Property Trust Inc., a publicly registered non-traded real estate investment trust, along with a subsidiary of its sponsor Cantor Fitzgerald Investors LLC,...

GPB Capital Hires Former SEC Examiner as Managing Director and Chief...

GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Michael Cohn as managing director and chief compliance officer. Cohn was...

Private Equity Firm Taps Goldman to Sell Kestra Financial

Private equity firm Stone Point Capital is planning to sell independent broker-dealer Kestra Financial Inc., less than three years after it purchased the firm...

Cetera Acquired by Private Equity Firm Genstar Capital

After months of speculation, Cetera Financial Group, the second largest independent broker-dealer in the nation, has agreed to sell a majority stake of its...

LPL and Advisor Group Parent Among Potential Cetera Buyers

LPL Financial and Advisor Group-owner Lightyear Capital are showing interest in buying Cetera Financial Group’s network of six independent broker-dealer firms, according to a...

FS Credit Real Estate Income Trust Closes on Two Mortgage Loans...

FS Credit Real Estate Income Trust Inc., a non-traded real estate investment trust sponsored by FS Investments, recently closed on two senior floating-rate mortgage...

C-Suite Game of Musical Chairs Underway at First Capital BDC

First Capital Investment Corporation, a publicly-registered, non-traded business development company, announced additional changes to its new line-up of senior executives following the strategic investment...

Goldman Sachs Provides Online Lending to LPL Financial Clients

Goldman Sachs has expanded its lending capabilities to allow LPL Financial clients to borrow money for life events like paying for home renovations, education...