Endowments

NEW YORK -- HS Management Partners, LLC, (HSMP) an independent, SEC-registered investment advisor that manages concentrated quality growth equity portfolios, announced the hiring of Robert G. Gebhart, CFA as a Senior Vice President...

Book Value Per Share Increases 17% in 2011 2011 Full Year Highlights * Net income was a record $352.1 million and diluted earnings per share ("EPS") were $2.65. * Non-GAAP net income was...

* FINANCE Newport Beach-based distressed-debt specialist Sabal Financial Group LP acquired a $204 million loan portfolio from the Federal Deposit Insurance Corp. The bundle is part of a larger portfolio sale of more...

BOSTON -- Yellow Wood Partners, LLC announced that it has raised $225 million of capital from a small group of blue chip investors, exceeding its $200 million target. The capital will be used...

ATLANTA -- Brookdale Investors Six, LP, the sixth real estate investment fund of The Brookdale Group, closed yesterday on its acquisition of "The Towers at Williams Square," a 1.4-million-square-foot office complex comprised of...

Wealth Management Team In New York Continues To Expand SAN FRANCISCO -- First Republic Bank, a leading private bank and wealth management company, today announced that William A. Slayne, an investment professional with...

NEW YORK -- The BlackRock registered closed-end funds (each a "Fund" and collectively, the "Funds") announced today that Mr. John F. Powers has been appointed by the Board of Directors/Trustees of each Fund...

FORT LAUDERDALE, Fla. -- Richard A. Berkowitz, managing director of the accounting and consulting firm Berkowitz Dick Pollack & Brant and chairman of the board of Provenance Wealth Advisors, has been elected chairman...

IRVINE, Calif. -- UC Irvine School of Law has received a $1.5 million gift to establish an endowed chair in First Amendment Law. The gift for the proposed chair is from Raymond Pryke,...

David Perkins and Andrew Weitz expand current duties as co-portfolio managers OMAHA, Neb. -- Weitz & Company today announced that the firm has appointed David Perkins as co-portfolio manager of the Weitz Value...

Associations The Trucking Industry Defense Association recently awarded $20,000 in grants to help fund transportation and trucking programs at four schools. Endowment fund grants of $5,000 each were awarded to the University of...

Smart investments, especially in real estate, and new clients combined to raise the asset values of wealth management firms on the San Fernando Valley Business Journal's List of Largest Money Management Firms. With...

MINOT, N.D. -- Intervention Energy, LLC ("IE") announced today it has entered into a financing agreement with EIG Global Energy Partners ("EIG") whereby EIG will provide up to $200,000,000 in Senior Secured Notes...

Wealth Management Team In Century City Adds Senior Portfolio Manager SAN FRANCISCO -- First Republic Bank, a leading private bank and wealth management company, today announced that Oliver Campbell, an investment professional with...

PHILADELPHIA -- The Wharton School of the University of Pennsylvania announces that Wharton Research Data Services (WRDS), the leading comprehensive, internet-based data research service, has added the Hedge Fund Research (HFR) Database to...

Calls New Appointment of Balda's CEO an Attempt by the Supervisory Board to Take Irreversible Action Ahead of Upcoming Shareholders' Vote NEW YORK -- Octavian Advisors LP ("Octavian"), which through various funds owns...

Hatteras Funds, a boutique alternative investment specialist providing alternative investment solutions for financial advisors and their clients, has renamed the Hatteras Multi-Strategy Fund as the Hatteras Core Alternatives Fund. The Fund's strategies, objectives...

LARKSPUR, Calif. -- Litman Gregory Fund Advisors, LLC, an affiliate of fee-only investment advisory firm Litman Gregory Asset Management, today announced that the Litman Gregory Masters Alternative Strategies Fund (MASFX) surpassed $100 million...

NEW YORK -- Fitch Ratings assigns an 'AA+' rating to up to $500 million of bonds to be issued by or on behalf of the University of Chicago (UC, or the university) in...