DJIA51828.62 478.64
S&P 5007743.41 39.28
NASDAQ27068.72 129.34
Russell 20002837.55 1.98
German DAX25408.64 142.11
FTSE 10010695.25 15.26
CAC 408077.80 -3.63
EuroStoxx 506298.15 25.20
Nikkei 22566364.20 850.21
Hang Seng24510.09 -251.04
Shanghai Comp3888.37 -48.15
KOSPI7080.92 63.01
Bloomberg Comm IDX144.32 -1.62
WTI Crude-fut97.47 -2.49
Brent Crude-fut92.44 -1.85
Natural Gas3.25 -0.03
Gasoline-fut3.20 -0.12
Gold-fut4320.50 12.30
Silver-fut64.71 0.52
Platinum-fut1800.80 32.60
Palladium-fut1277.50 2.50
Copper-fut6.78 0.01
Aluminum-spot3195.00 0.00
Coffee-fut278.10 1.50
Soybeans-fut1320.00 3.50
Wheat-fut704.00 -1.75
Bitcoin84117.52 -69.89
Ethereum USD2693.28 10.46
Litecoin73.17 2.08
Dogecoin0.10 0.00
EUR/USD1.1381 -0.0007
USD/JPY158.79 0.50
GBP/USD1.3212 -0.0029
USD/CHF0.8289 0.0040
USD IDX101.04 -0.22
US 10-Yr TR5.167 0.005
GER 10-Yr TR3.6061 -0.0171
UK 10-Yr TR5.3528 -0.0129
JAP 10-Yr TR3.077 -0.005
Fed Funds4 0
SOFR3.88 0.01
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Direct Investment  + Alternative Assets  + M&As  + Real Estate  |  April 19, 2023
JLL Buys Remaining 50% of Derivatives, Structured Finance Advisory Firm KCA
Joe Palmisano
By: Joe Palmisano

JLL Buys Remaining 50% of Derivatives, Structured Finance Advisory Firm KCA

JLL, a firm focused on real estate and investment management, has wholly acquired Kensington Capital Advisors (KCA), a North Carolina-based derivatives and structured finance advisory firm. The purchase included technology platform Frame Financial Systems.

Financial terms of the transaction were not made available.

When JLL bought HFF in 2019 the company also gained a 50% ownership of KCA. The acquisition of KCA and Frame expands the global derivatives advisory capabilities and end-to-end capital solutions.

KCA and Frame’s 23 employees will join the Capital Markets and JLL Technologies teams, and the technology product will be offered as a SaaS solution for commercial real estate investor clients looking to manage their corporate real estate debt portfolios.

“Combining KCA’s strategic advisory capabilities and Frame technology with our market-leading experts in Debt Advisory across the world and our global platform is going to create real value for our clients,” said Richard Bloxam, CEO of Capital Markets, JLL.

Connect

Inside The Story

JLL

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints