Alternative Assets

Raymond James has rolled out its Private Wealth Guided Portfolios, which combine alternative and traditional investments into diversified portfolios for financial advisors, who serve high-net-worth and ultra-high-net-worth clients.  Through its new offering, advisors will gain broader exposure to private markets and strategies alongside traditional equity and fixed income investments.  Additionally, the Private Wealth Advisor program …

Private equity firm Princeton Equity Group, has raised $1.3 billion in the first and final round for its Princeton Equity Partners III, which will go towards investing in franchisor and multi-location businesses.  The fund, which was oversubscribed in close to two months, was more than twice the size of its predecessor fund, the Princeton Equity Partners …

The Securities and Exchange Commission has proposed a package of rule changes aimed at widening individual investors’ access to private-market strategies through regulated investment vehicles.  The proposals are part of the SEC’s effort to promote what Chairman Paul Atkins called the “responsible retailization” of private markets. The agency said demand for private market investments is …

The Fire & Police Pension Association of Colorado disclosed nearly $491 million in new commitments and co-investments as the retirement system expanded its alternative-investment roster and reorganized portions of its hedge fund portfolio. The Denver-based pension investor allocated $336 million to six new manager relationships, committed another $139 million to four existing firms and completed …

The Securities and Exchange Commission has proposed a package of rule changes aimed at widening individual investors’ access to private-market strategies through regulated investment vehicles.  The proposals are part of the SEC’s effort to promote what Chairman Paul Atkins called the “responsible retailization” of private markets. The agency said demand for private market investments is …

Pinegrove Venture Partners has closed its Strategic Investors Fund XII at $1.5 billion, an oversubscribed fundraising that gives institutional investors exposure to venture managers and selective direct opportunities across the innovation economy. The San Francisco-based firm said the fund will invest across a three-year vintage through two strategies: SIF XII-Early, which will commit capital to …

Jefferies Credit Partners has established approximately $4 billion in total lending capacity for its European institutional direct lending strategy, anchored by the first close of its flagship European fund. The inaugural fund is backed by major institutional commitments led by Allianz Global Investors and the South Carolina Retirement System Investment Commission. The vehicle was significantly …

The Securities and Exchange Commission has proposed a package of rule changes aimed at widening individual investors’ access to private-market strategies through regulated investment vehicles.  The proposals are part of the SEC’s effort to promote what Chairman Paul Atkins called the “responsible retailization” of private markets. The agency said demand for private market investments is …

Bluerock Value Exchange has fully subscribed BR Diversified Industrial Portfolio 7, DST, raising $60 million in equity from individual investors. The closing brings its diversified industrial portfolio series to over $400 million. The unlevered portfolio contains five properties totaling about 550,000 rentable square feet in Alabama, Florida, Missouri and Virginia. They include manufacturing, warehouse and …

The Illinois Police Officers’ Pension Investment Fund is moving toward a final manager selection for a $450 million non-core real estate mandate, with TA Realty and 1 Seed Capital presenting as finalists to the board Tuesday. The $16.5 billion Peoria-based pension fund is working with consultant Albourne on the search and expects to make a …

North American institutional investors are turning toward domestic private market investments and infrastructure as persistent inflation, geopolitical uncertainty and energy security concerns reshape portfolio strategy, according to a survey by IFM Investors. Sixty-seven percent of North American respondents said they prefer private-market opportunities in the United States and Canada, while 63% identified inflation among the …

The Securities and Exchange Commission has proposed a package of rule changes aimed at widening individual investors’ access to private-market strategies through regulated investment vehicles.  The proposals are part of the SEC’s effort to promote what Chairman Paul Atkins called the “responsible retailization” of private markets. The agency said demand for private market investments is …