In a rare moment of symmetry, the suppliers of alternative strategies are seeing increasing demand from financial advisers.
The investment firm has tapped Morgan Stanley's wealth management arm as it seeks to raise $6 billion for its next venture fund.
G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.
The Lightstone REITs are asking shareholders to strip away their own rights without any clear plan to liquidity or upside, critics say.
The regulator has launched an exam sweep of brokerages' communications with customers about digital assets, while the House Financial Services Committee plans to hold a hearing on the FTX bankruptcy.
Jim Martin left $4 billion worth of client assets behind when he formed Nordwand Capital, but he says it was all part of the plan.
While some claim more regulatory clarity could have helped prevent an event like the FTX collapse, others argue new rules take time and might not be what investors are hoping for.
Changing regulations are combining with technology to potentially push $10 trillion into alt strategies by 2030.
Over the past 12 months, the company's shares have fallen from a high of $10.55 to Monday's price of $1.03.
Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.
A roundup of the week's top fintech news, including crypto's collapse, Envestnet's custodian plans and SEI adding UMAs.
Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.
Entities tied to FTX.com, FTX US and trading firm Alameda Research were part of the Chapter 11 bankruptcy filing in Delaware.
While crypto skeptics feel vindicated, a proponent calls the collapse of the world's second-largest digital platform 'very bad news in the short term.'
Sam Bankman-Fried told investors the crypto exchange needs $4 billion to remain solvent. Meanwhile, U.S. authorities are investigating FTX.
The news that Binance withdrew its offer sent bitcoin to its lowest level since November 2020.
Customers of the fallen crypto exchange pulled out $430 million worth of bitcoin in the space of just four days.
The exchange said the warrants weren't suitable for listing because of their extremely low pricing.
The proposed deal for Sam Bankman-Fried's 3-year-old exchange will 'help cover the liquidity crunch.'
ForUsAll says its Alt401(k) platform enables employees to invest in crypto through a brokerage window. Meanwhile, the firm has filed a lawsuit challenging the DOL's crypto warning.
