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Latest Stories From
SEI Sells Family Office Services Business to Aquiline for $120M
Direct Investment | March 4, 2025SEI has revealed plans to offload its Family Office Services division to Aquiline Capital Partners, a private investment firm, for $120 million. The deal is slated to finalize late in the second quarter of 2025. The agreement covers moving Family Office Services staff from SEI’s offices in Indianapolis, Denver, and Oaks—including key leadership team members—over to Aquiline. The ...
Starwood Strategic Partners Closes Investment in VANA Partners
Alternative Assets | March 4, 2025Starwood Strategic Partners (SSP), an investment platform under Starwood Capital Group’s umbrella, has finalized a deal to invest in VANA Partners, a real estate platform focused on extended stay hotels. The tie-up gives VANA capital along with strategic input, including board seats and operational support. Terms of the transaction were not disclosed. The partnership backs ...
New Mexico SIC Commits $1.4B to Private Markets
Alternative Assets | March 4, 2025The New Mexico State Investment Council (SIC), overseeing $61 billion, allocated $1.4 billion across various investment strategies during its most recent board of trustees meeting. Trustees greenlit a $300 million investment in the Castlelake Asset-Based Private Credit III Evergreen fund. Castlelake, a new partner for New Mexico, runs this evergreen fund focused on specialty finance ...
Walgreens Nears $10B Go Private Deal with Sycamore: Report
Direct Investment | March 4, 2025Walgreens Boots Alliance is on the verge of being acquired by private equity firm Sycamore Partners for about $10 billion, according to a report from the Wall Street Journal. The deal could be announced as soon as Thursday. The deal is pegged at $11.30 to $11.40 per share in cash to take the company private, a ...