National

Despite uncertainties in the broader economic environment, many dealmakers anticipate progress in global infrastructure transactions, supported by reduced volatility in debt markets, narrower bid-ask spreads, and pressure on fund managers to deploy or return their dry powder. The amount of money required in both developed and emerging markets to create and renew infrastructure assets is ...

Interactive Brokers, a global electronic brokerage firm, has expanded its offering for hedge funds by launching a high touch prime brokerage and global outsourced trading service to complement its existing automated trading platform. The primate brokerage service seeks to assist select U.S. hedge funds by assigning them a dedicated relationship manager who will serve as ...

Diversify Advisor Network has acquired Key Advisors Wealth Management, a Delaware-based fee-only firm with $645 million in assets under management. Eddie Ghabour, co-founded Key Advisors in 2000 and will become an equity holder in Diversify. In 2022, Key Advisors became part of Diversify under its independent RIA platform, Diversify Advisory Services. Ghabour and his team ...

Adams Street Partners has announced the final closing of a $1 billion middle market collateralized loan obligation (CLO), ASP Summa. It is the first CLO for the asset manager and was structured in partnership with American Equity Investment Life Insurance Company (AEL), a fixed indexed annuity provider. ASP Summa is comprised of a high-conviction portfolio ...