Alllworth Financial Private Equity Sale Expected Soon

Christel Deskins

Sarinya Pinngam/Dreamstime Text size The sale of Allworth Financial is heating up with a winning bidder expected soon, according to four banking and private-equity executives. The auction has narrowed to three private equity firms; final bids were due last week, Oct. 6, two of the sources said. Raymond James (ticker: […]

RenaissanceRe Announces Michael Doak Departing to Start New Private Investment Firm

Christel Deskins

Press release content from Business Wire. The AP news staff was not involved in its creation. https://apnews.com/press-release/business-wire/business-north-america-investment-management-financial-services-bermuda-8055571ebd95448aaa3fe43541909a00 Click to copy PEMBROKE, Bermuda–(BUSINESS WIRE)–Sep 30, 2020– RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that Michael Doak, Senior Vice President and Portfolio Manager for the Company’s strategic investment […]

Ira Walker, UBS Private Wealth Management

Christel Deskins

Ira Walker, Managing Director, Senior Portfolio Manager, UBS UBS Ira Walker is a managing director and senior portfolio manager with Walker Wealth Management at UBS. The Red Bank, New Jersey-based team manages $1 billion in custodied assets. He was named both a Top Wealth Advisor and Best-In-State Wealth Advisor this […]

Canadian Pensions Find Opportunity in Private Debt

Christel Deskins

Canadian public pension funds scooped up private debt as market upheaval from Covid-19 left borrowers willing to offer appealing terms. Their private debt allocations ticked up more than 5% to $46.9 billion between Dec. 31 and Sept. 20, according to Preqin data. It was the biggest increase in percentage allocation […]

Hospitals gouge private health insurance to care for others

Christel Deskins

Health care prices continue to rise precipitously despite the Coronavirus Recession, cutting into profits and paychecks, offering a powerful reminder that the nation’s chronic economic problem remains unsolved. Hospitals gouge private health insurance to subsidize others Hospitals gouge private health insurance to subsidize others Hospitals gouge private health […]

When private equity recruiting is starting for 2022 associates

Christel Deskins

Headhunters and private-equity firms are pressing pause on on-cycle recruiting this year, pushing the process back indefinitely as the coronavirus has made in-person interviews impossible.  Private-equity recruiting has started earlier and earlier in recent years, with some investment banking analysts fielding interview opportunities with PE firms as soon as they […]

Arena Wins Private Debt Strategy of the Year Award at Pension Bridge Institutional Asset Management Awards

Christel Deskins

TORONTO–(BUSINESS WIRE)–Sep 25, 2020– The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Arena Special Opportunities Fund, an investment fund managed by Arena, was awarded the Private Debt Strategy of the Year Award at the Pension Bridge Institutional Asset Management Awards held on September 24, […]