People & Company News, Week of December 5, 2025
- Lou Kruk has been appointed as CEO and president of The Inland Real Estate Group’s institutional asset management platform, Inland Institutional. Kruk will oversee Inland’s strategic growth initiatives, including the development of fund strategy, capital market activities, institutional investment efforts, operations, and investor relations. Kruk will be working closely with Inland’s CIO Joseph Binder, and will report to CEO and president Tony Chereso. Prior to joining Inland, Kruk served as SVP and managing director at MetLife Investment Management.
- Jonah Cave has been tapped as chief growth officer at Angeles Wealth Management. In this newly created role, Cave will lead business development and growth initiatives. Cave, who brings 30 years of experience to Angeles Wealth, is based in Dallas, Texas, and will be responsible for managing a strategic business development program that supports advisor growth and strengthens client engagement. Before joining Angeles Wealth, Cave served as senior managing director and head of the partner relations team at Dallas-based CH Investment Partners, a multi-family office now part of Cresset Capital.
- Matthew Mosca has been named global head of institutional distribution at New York Life Investments. Mosca will lead the company’s institutional business strategy and distribution and will report to CEO Naïm Abou-Jaoudé. Before joining New York Life Investments, Mosca previously served as senior managing director and global head of client business and product strategy at MetLife Investment Management.
- Andrew Shore has been tapped as managing director at Strategic Value Partners, an alternative investment firm. Shore will be responsible for leading real estate investment activities across North America. Strategic Value Partners’ real estate team, which is led by head of real estate Mike Ungari, has invested more than $3.4B since COVID across both the U.S. and Europe. Before joining Strategic Value Partners, Shore was a managing director at Davidson Kempner on the U.S. real estate team.
- Brad Joudrie has been tapped to serve as CEO at Conquest Planning, a wealth tech platform, replacing founding CEO Mark Evans. Evans will be transitioning to an executive chair position at the firm and will assume his role on January 1. Joudrie previously served as the firm’s chief revenue officer and will join the company’s board of directors. Evans will continue to serve as a board member focused on strategic product development.
- Lindsay Creedon has been appointed as head of private equity at StepStone Group, a private markets investment firm. Creedon, who also serves as a partner at the firm, will assume her position on January 1. StepStone’s CEO Scott Hart, who has held the role since 2017, will remain on the firm’s private equity investment committee and continue to lead the firm’s expansion. Creedon also co-chairs StepStone’s private equity investment committee, serves as the co-head of private equity co-investments, and is a member of the global executive committee. She will remain in these positions, following her appointment.
- Francisco Landivar and Javier Rodriguez have joined Stonecrest Partners, a financial services firm, as managing director and senior portfolio manager, respectively. In their roles, Landivar and Rodriguez will serve clients as registered representatives of Stonecrest Capital Markets. Prior to joining Stonecrest Partners, Landivar served as a first VP and wealth advisor at UBS Financial Services in San Juan, Puerto Rico. Rodriguez previously spent 22 years as a portfolio manager and financial analyst at UBS Trust Company of Puerto Rico.
- Eric Freedman has been tapped as CIO for Northern Trust’s wealth management division. Freedman will be responsible for guiding the private client investment practice and supporting the development of the firm’s investment platform and offerings. Freedman will report to Jason Tyler, president of the wealth management business. Freedman succeeds Katie Nixon, who served as CIO since 2012 and now leads the firm’s Northeast region market. Before joining Northern Trust, Freedman served as CIO at U.S. Bank and oversaw the firm’s asset management division.
- Amanda Brimmer has been appointed as CFO of JLL’s leasing advisory and head of the corporate development division. Brimmer will partner with business leaders worldwide to drive financial growth and performance. Brimmer will also lead the identification of strategic growth opportunities at the firm and will report to JLL’s CFO Kelly Howe. Brimmer, who brings more than two decades of experience to JLL, was previously with Boston Consulting Group, where she served as managing director and senior partner.
- Financial advisor Brandon Wallis has joined LPL Financial from Edward Jones, where he managed about $145 million in advisory, brokerage, and retirement plan assets. Wallis joins LPL with his firm, Mililani, HI-based Kūpono Wealth Planning, which serves the Central Oahu and North Shore area. Wallis, who brings two decades of industry experience, serves medical professionals and small business owners.
- Lance Carr has been named managing director and head of valuations at Portage Point Partners, an investment banking and financial services firm. Lance brings nearly two decades of experience in valuations, M&A advisory, financial reporting, and tax compliance across various industries. Prior to joining Portage Point, Lance served as a managing director at Houlihan Lokey.
- BetaNXT, a wealth management technology provider, has partnered with Tumelo, a U.K.-based technology firm, to enable pass-through voting for retail investors. The collaboration would enable brokers, asset managers, and retirement plans to offer individual investors and beneficial owners services to enhance financial literacy and boost client engagement.
- Coller Capital’s Coller Secondaries Private Equity Opportunities Fund has exceeded $1B in assets under management, after the fund launched last April. The fund’s Class I-shares generated a 17.93% annualized return, which was supported by 128 investments and backed by 70 private equity sponsors, including TPG, CVC, Carlyle, and Blackstone.
- Washington Trust has made several key appointments across its wealth management division. Cristina Offenberg has joined as VP and head of estate settlement and senior trust officer. Offenberg leads Washington Trust’s estate settlement team and oversees complex trust and investment relationships for high-net-worth individuals and families. Marilyn Gentilotti has joined as VP and senior wealth planner, and is responsible for providing trust and estate planning, tax strategy, and investment advisory services. Valentine Mello has joined as VP and trust officer and is responsible for managing trust and investment relationships. Kyle Messier has joined as VP and portfolio manager and is responsible for managing investment holdings for institutional clients and high-net-worth individuals. Myra Tucker has joined as VP and wealth advisor and is responsible for developing tailored investment strategies that meet clients’ long-term goals.
- Morgan Stanley Investment Management has acquired a MorningStar Senior Living three-community portfolio from Kayne Anderson, a private equity firm, for $305M. The portfolio comprises 463 units across three communities near the Denver area. The acquisition marks the first deal with MorningStar, which will continue to operate the communities. Funds managed by Morgan Stanley Real Estate Investing have been investing in senior housing since 2022 and have ownership in 30 senior living communities across the country.
- Flex, an AI-powered private banking platform, has raised $60M in a Series B equity funding round led by Portage, a fintech and financial services investment platform. The funding round also had participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, and Tusk Venture Partners. Flex’s new capital will support the launch and development of Flex Elite, the platform’s “invite-only” consumer card and membership program. The capital boosts Flex’s total equity to $105M.
- Nada Holdings, a fintech platform, has raised $10M in funding for its round for its Series A fund. The round was led by Interlock Partners with participation from returning lead Seed round investor LiveOak Ventures and new investor Riverwalk Capital Partners. The funding will go towards the expansion of Nada’s HEA product, which is available to homeowners across 14 states, and will accelerate the company’s product innovation and operational scale.
- New York City-based WindRose Health Investors, a healthcare private equity firm, raised $2.6B in the final round for its seventh fund, dubbed WindRose Health Investors VII. The fund, which is expected to close on its first two acquisitions by the end of the year, is targeting 11-13 investments in total.
- Newark, DE-based Ridley, an AI-powered real estate platform, has raised $6.4M in its latest seed funding round. The round was led by Fifth Wall, with participation from 1984 Ventures, 1Sharpe Ventures, Moxxie Ventures, Aglae Ventures, Park Rangers Capital, Angel Investors, and executives from Stripe and Google. The firm will use the funding to launch its buy-side experience, enhance AI capabilities, and expand its suite of commission-free tools through Ridley’s preferred agents platform.
- New York-based Numerata, an AI-powered software development company, has secured undisclosed seed funding. The round was led by Jane Street, a trading and investment firm, with participation from CoreWeave Ventures. The funding will be used to advance its AI platform, enhance resources, and expand its strategic partnerships and customer integrations.
- Ansley Park Capital, an equipment finance platform, has closed $400M for its inaugural asset-backed securitization, marking the largest first-time issuance in the large-ticket equipment finance market. The offering includes more than $400m of rated securities, with Moody’s providing ratings across the full capital stack. Deutsche Bank Securities served as the sole structuring agent and Joint Bookrunner, Truist Securities acted as Joint Bookrunner, and an affiliate of Ares Management acted as Co-Manager.
- Digital Asset, a blockchain technology company, received an undisclosed investment from BNY, iCapital, Nasdaq, and S&P Global. That round was led by DRW Venture Capital and Tradeweb Markets, with participation from Goldman Sachs, which helped Digital Asset launch the blockchain. The company supports use cases such as bonds, equities, money market funds, alternative investment funds, commodities, repos, mortgages, life insurance, and annuities.
