Public–Private Investment Program for Legacy Assets

Northern Trust Appoints Brian Donovan Senior Managing Director of Wealth Advisory Team and Ultra High Net Worth Practice Lead for East Region

Retrieved on: 
Wednesday, September 13, 2023
Banking, Accounting, Professional Services, Philanthropy, Personal Finance, Asset Management, Foundation, Other Professional Services, Legal, Insurance, Finance, Consulting, Equal housing lender, Senior, GFO, FDIC, Multimedia, Public–Private Investment Program for Legacy Assets, Ultra high-net-worth individual, Growth, Region, UHNW, Management, Financial services, Northern Trust

Northern Trust has appointed Brian Donovan Senior Managing Director of a wealth advisory team in Greater New York and lead of the Ultra High Net Worth (UHNW) Practice for the East Region, a newly created role.

Key Points: 
  • Northern Trust has appointed Brian Donovan Senior Managing Director of a wealth advisory team in Greater New York and lead of the Ultra High Net Worth (UHNW) Practice for the East Region, a newly created role.
  • View the full release here: https://www.businesswire.com/news/home/20230913096732/en/
    Brian Donovan, Northern Trust Wealth Management (Photo: Business Wire)
    In his role as a Senior Managing Director, Donovan will lead one of Northern Trust's wealth advisory teams in the Northeast Region, to include partners in both New York and Connecticut.
  • In addition, as the UHNW Practice Lead for East Region, Donovan will develop a market strategy and lead a team of professionals focused on the wealth management, fiduciary, advisory and planning needs of individuals and families in the UHNW segment.
  • “Brian is a proven wealth management leader who will greatly enhance our clients' experience, accelerate the capture of market share in Greater New York and deepen our Ultra High Net Worth practice across the entire region,” said Glenda G. Pedroso, President of East Region, Northern Trust Wealth Management.

Global Management Consulting Market Report 2023: Sector is Expected to Reach $511.88 Billion by 2028 at a CAGR of 9%

Retrieved on: 
Friday, June 30, 2023
Urbanization, Risk, PwC, Internet of things, COVID-19, Risk management, Strategic planning, Confidentiality, McKinsey & Company, Consultant, Organization, US, MBB, GDP, Artificial intelligence, Knowledge, Growth, Public–Private Investment Program for Legacy Assets, AI, KPMG, BCC, SME, Automation, Legislation, Sales

In 2022, the global management consulting market was valued at US$307.62 billion, and is probable to reach US$511.88 billion by 2028.

Key Points: 
  • In 2022, the global management consulting market was valued at US$307.62 billion, and is probable to reach US$511.88 billion by 2028.
  • The global management consulting market value is projected to grow at a CAGR of 9.00%, during the forecast period of 2023-2028.
  • Global Management Consulting Market Dynamics:
    Growth Drivers: Regulatory Reforms has the potential to boost the growth of the management consulting market.
  • Impact Analysis of COVID-19 and Way Forward:
    The COVID-19 pandemic has initially had negative impact on the global management consulting market.

DSC Quantitative Group Announces Investment Strategies that Track Cambridge Associates Benchmarks

Retrieved on: 
Wednesday, June 28, 2023
Consulting, Professional Services, Finance, Public–Private Investment Program for Legacy Assets, DSC, Cambridge Associates, Investment, Risk, Financial services

DSC Quantitative Group (“DSC”), a research-focused alternative investment firm that provides quantitative solutions, today announced a new platform of planned investment products that seek to provide returns that track certain Cambridge Associates (“CA”) benchmarks.

Key Points: 
  • DSC Quantitative Group (“DSC”), a research-focused alternative investment firm that provides quantitative solutions, today announced a new platform of planned investment products that seek to provide returns that track certain Cambridge Associates (“CA”) benchmarks.
  • The first of these, the “DSC CA Global Private Equity & Venture Capital Strategy”, will seek to provide investors with returns that track global buyout, growth equity, and venture capital returns, but in a liquid form.
  • “There is strong demand from investors for private equity strategies that simultaneously offer diversification, ‘beta-plus’ returns, and liquidity,” said DSC Chief Executive Officer, Arthur Bushonville.
  • “DSC is a leader in private equity replication products and CA is a leader in private investing.

Wellington Management Closes Fourth Late-Stage Private Fund, Exceeding $2.5 Billion Target

Retrieved on: 
Tuesday, June 20, 2023
Banking, Asset Management, Professional Services, Finance, Insurance, Fintech, IPO, CFA, Health, Sale, Investment, Public–Private Investment Program for Legacy Assets, Wellington Management Company, ESG, Growth, Fund, Security (finance)

Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the close of its private late-stage growth strategy Wellington Hadley Harbor IV (the “Fund” or “Hadley Harbor”) with US $2.6 billion in commitments and over US$200 million in co-invest capacity to invest alongside the Fund.

Key Points: 
  • Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the close of its private late-stage growth strategy Wellington Hadley Harbor IV (the “Fund” or “Hadley Harbor”) with US $2.6 billion in commitments and over US$200 million in co-invest capacity to invest alongside the Fund.
  • The Fund seeks to invest in late-stage private companies seeking capital to sustain or accelerate growth prior to a potential IPO or sale.
  • Michael Carmen, CFA, co-head of Private Investments, at Wellington Management said, “The Hadley Harbor team, along with the broader Wellington platform, brings decades of experience investing across both private and public equity markets.
  • The Fund’s global investor base includes public and private pension plans, insurance companies, corporations, a sovereign wealth fund and family offices.

Zigbee PRO 2023 Improves Overall Security While Simplifying Experience

Retrieved on: 
Wednesday, April 12, 2023
Public–Private Investment Program for Legacy Assets, Smart Energy, Connectivity Standards Alliance, Bluetooth Low Energy, Internet of things, PRO, Hertz, Language, Digital Trust Center, Ecosystem, Zigbee

Zigbee PRO 2023 expands on secure-by-design architecture by adding a number of security enhancements to address changing market needs while simplifying the user experience and extending supported bands beyond 2.4 GHz.

Key Points: 
  • Zigbee PRO 2023 expands on secure-by-design architecture by adding a number of security enhancements to address changing market needs while simplifying the user experience and extending supported bands beyond 2.4 GHz.
  • The revision also enables Zigbee Direct , simplifying device onboarding and control utilizing Bluetooth Low Energy, a technology found in many voice assistant products and mobile devices.
  • One of the critical components of the Zigbee PRO 2023 release is a set of feature enhancements and new security mechanisms for protecting the network during the onboarding and operation of devices to address modern-day security threats.
  • With the PRO 2023 release, Zigbee now includes several critical security features to address modern-day threats," said Asad Haque, Chair of the Security Advisory Group, Connectivity Standards Alliance.

Fidelity Investments Canada ULC Launches New Fidelity Global Growth Private Pool

Retrieved on: 
Tuesday, April 4, 2023
Pool, Senior, Investment, Risk management, Swimming, Marketing, Fidelity Investments, Public–Private Investment Program for Legacy Assets, GAA, Guideline, ULC, Fidelity, Health insurance, Financial adviser, Financial services

New 85/15 Pool now available, along with enhanced fee rebate tiers

Key Points: 
  • New 85/15 Pool now available, along with enhanced fee rebate tiers
    TORONTO, April 4, 2023 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") launched Fidelity Global Growth Private Pool ("the Pool"), adding to Fidelity's Private Investment Program product lineup.
  • "Investors looking for growth options beyond the traditional 60/40 may want to consider adding Fidelity Global Growth Private Pool to their portfolio."
  • The Pool is managed by Fidelity Investments' Global Asset Allocation (GAA) team portfolio managers David Wolf and David Tulk .
  • Combined strength of Fidelity Investments' Global Asset Allocation team and worldwide resources in a single solution, like Fidelity's other multi-asset class strategies.

Henley & Partners: Invest in Namibian Real Estate and Secure Residence Rights

Retrieved on: 
Wednesday, March 1, 2023
Family, Investment, Real estate, Henley, Partnership, Partner, Work, Volek, Public–Private Investment Program for Legacy Assets, Growth, Income tax, Government, Henley & Partners, USD, Financial services

The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy.

Key Points: 
  • The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy.
  • Group Head of Private Clients at Henley & Partners, Dominic Volek , says, “We are delighted to announce this innovative new residence by investment offering in Africa.
  • Currently, the President’s Links Estate is the only investment route for the Namibia Residence by Investment Program.
  • Group Head of Real Estate at Henley & Partners, Thomas Scott , says international real estate has always been a reliable asset class for global investors due to its long-term staying power.

Henley & Partners: The World's Top Investment Migration Programs in 2023

Retrieved on: 
Tuesday, February 28, 2023
Policy, Henley & Partners, Partner, Global citizenship, Public–Private Investment Program for Legacy Assets, Growth, Government, Portugal Golden Visa, USD, Tourism

LONDON, Feb. 28, 2023 /PRNewswire/ -- The allure of Europe prevails in 2023, with European residence and citizenship by investment programs retaining the top spots in Henley & Partners ' latest rankings of the most sought-after investment migration programs in the world.

Key Points: 
  • LONDON, Feb. 28, 2023 /PRNewswire/ -- The allure of Europe prevails in 2023, with European residence and citizenship by investment programs retaining the top spots in Henley & Partners ' latest rankings of the most sought-after investment migration programs in the world.
  • This year's edition includes comprehensive analyses and comparisons of 40 programs, which have been appraised by a panel of distinguished independent experts.
  • Dr. Christian H. Kaelin , Chairman of Henley & Partners, says the report is important not only for private clients and their advisors and other industry professionals, but also for government policy makers looking to manage investment migration programs to achieve greater fiscal autonomy and economic growth.
  • While not featured in the publication, as today marks its launch, Henley & Partners has announced a new residence by investment option — and Africa's second: The Namibia Residence by Investment Program.

Henley & Partners: The World's Top Investment Migration Programs in 2023

Retrieved on: 
Tuesday, February 28, 2023
Policy, Henley & Partners, Partner, Global citizenship, Public–Private Investment Program for Legacy Assets, Growth, Government, Portugal Golden Visa, USD, Tourism

LONDON, Feb. 28, 2023 /PRNewswire/ -- The allure of Europe prevails in 2023, with European residence and citizenship by investment programs retaining the top spots in Henley & Partners ' latest rankings of the most sought-after investment migration programs in the world.

Key Points: 
  • LONDON, Feb. 28, 2023 /PRNewswire/ -- The allure of Europe prevails in 2023, with European residence and citizenship by investment programs retaining the top spots in Henley & Partners ' latest rankings of the most sought-after investment migration programs in the world.
  • This year's edition includes comprehensive analyses and comparisons of 40 programs, which have been appraised by a panel of distinguished independent experts.
  • Dr. Christian H. Kaelin , Chairman of Henley & Partners, says the report is important not only for private clients and their advisors and other industry professionals, but also for government policy makers looking to manage investment migration programs to achieve greater fiscal autonomy and economic growth.
  • While not featured in the publication, as today marks its launch, Henley & Partners has announced a new residence by investment option — and Africa's second: The Namibia Residence by Investment Program.

Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm

Retrieved on: 
Monday, February 27, 2023
Decentralized finance, ETH, Public–Private Investment Program for Legacy Assets, PIPE, Private investment in public equity, Cryptocurrency

Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.

Key Points: 
  • Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.
  • Leveraging ABO’s experience as a structured Private Investments in Public Equity (PIPE) investor with more than US$2 billion in executed financing commitments globally over the last five years, the new ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry.
  • ABO Digital will provide innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital.
  • Amine Nedjai, CEO at ABO Digital, said: “This is an important time for the digital asset space.