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Latest Stories From
Capitala Group Hauls in $1B for Lower Mid-Market Fund
Alternative Assets | March 24, 2025Capitala Group has raised over $1 billion in commitments for its latest oversubscribed fund, encompassing leverage and separately managed accounts. The Charlotte-based firm, focused on lower middle-market debt and equity capital, tapped strong institutional demand and added 42 new bank partners to its 79-bank network. Capitala currently has over $300 million of equity-focused commitments available ...
LACERA Adds $175M to Private Equity Portfolio
Alternative Assets | March 24, 2025The $82.5 billion Los Angeles County Employees’ Retirement Association (LACERA) has allocated $175 million to two private equity funds, as detailed in recent board meeting minutes. The LACERA board approved a $100 million commitment to Blue Sage Capital IV, a private equity fund targeting small-market buyouts in the U.S. industrial sector. In January 2025, Blue ...
LPL Adds $275M California FA Team from Ameriprise
Broker/Dealers | March 24, 2025LPL Financial LLC has welcomed financial advisors Larry Hubbard, Craig Conner, and Jade Maasch to its broker-dealer, registered investment advisor (RIA), and custodial platforms, marking their transition from Ameriprise. Previously operating as Alliance Financial Partners, the team has rebranded as Legacy Premier Wealth Management and brings with it roughly $275 million in advisory, brokerage, and ...
JLL to Buy Javelin Capital to Bolster Renewable Energy Investment
Alternative Assets | March 24, 2025JLL has agreed to acquire Javelin Capital, a North American investment banking firm specializing in renewable energy. This strategic move will strengthen JLL’s U.S. Energy & Infrastructure Capital Markets capabilities, building on its established track record in Europe and Asia, where it has executed over 150 transactions valued at more than $20 billion. Founded in ...