‘Just buy somebody’: Private markets push will fail without deals, says LCM boss

The chief executive of Brookfield-backed alternatives firm LCM Partners says asset managers pushing into private markets will fail without making acquisitions, arguing they are the only route to the expertise needed to be successful. “Just buy somebody, because you’re not known for this,” said Paul Burdell, who set up LCM Partners in 1998. Financial News. … Read more

Shares, property, bonds, cryptocurrencies face major falls, Australian Office of Financial Management CEO warns

A senior public servant has warned of the potential for significant falls on asset markets in the months ahead. Key points: Rob Nicholl says low interest rates and money-printing programs have boosted asset prices over the past decade He says their end will lead to “significant” falls in the value of shares, property, bonds and … Read more

NJ Regulators Allege ‘Massive, Nationwide Fraud’ by Real Estate Fund

Securities regulators in New Jersey have ordered Secaucus development firm National Realty Investment Advisors to cease what they characterize as fraudulent activity, alleging that the firm misled investors while funneling millions of dollars to executives and their families. The New Jersey Bureau of Securities said in its 63-page cease-and-desist order that NRIA had operated a … Read more

Revenue Management Solutions Announces Commercial Relationship with Finalytics

OKLAHOMA CITY, OKLAHOMA, UNITED STATES, June 22, 2022 /EINPresswire.com/ – Finalytics, a healthcare fintech company, offers its patented Flex FaaS Payments solution to monetize insurance claims in three days, significantly reducing days insurance outstanding and returning business intelligence . Revenue Management Solutions, LLC (“RMS”) the leader in healthcare revenue cycle remittance automation today announced its … Read more

In Today’s Market, Poor Performance Still Pays

In a perfect world, public companies would compensate their executives commensurate with the creation of long-term shareholder value. Last year, the median compensation for US chief executives reached a record high for the sixth consecutive year, The Wall Street Journal reported earlier this month. While most pay packages are bolstered by restricted stock units that … Read more

Grand Jury details Stockton Unified’s money mismanagement

The San Joaquin County Grand Jury found the Stockton Unified School District mismanaged its money to the point where “drastic changes will need to be implemented to avoid a financial catastrophe,” a release on the grand jury report reads.The 46-page report released Friday details the missteps of an apparently disorganized Board of Trustees, sourcing several … Read more

CaixaBank SA: Avalon Properties and Ares Management sign a sustainable financing agreement with CaixaBank to develop the first two plots of the Madrid Region’s VIVE Plan

Avalon’s project. • Spanish residential asset manager Avalon, majority-owned by Ares Management Real Estate funds, and Ares, is committed to developing more than 3,500 homes across 23 different projects. • The 23 projects are designed to comply with the required social and environmental criteria according to the Green and Social Loan Principles and have BREEAM … Read more

ODU’s Strome College of Business to Host Transitional Entrepreneurship Colloquium on June 17 and 18 «News @ ODU

June 15, 2022 By Joe Garvey Old Dominion University will host a hybrid colloquium on transitional entrepreneurship on June 17 and 18. The colloquium is the second of a series of annual colloquia supported by a grant from the Ewing Marion Kauffman Foundation. Approximately 180 people from 25 countries have registered for the event, including … Read more

Lessons from the world’s most sustainable energy companies

In light of the urgent need to fight climate change, companies the world over are exploring more sustainable ways to make business. Georgia Makridou writes that sustainability does not mean sacrificing profits or putting success on the back burner. On the contrary, the reward is resilience. She offers insights from some of the world’s top … Read more

Opinion: With global stock markets in turmoil, a healthy corporate culture counts more than ever. Here’s what to know.

Corporate culture can be hard to define and even harder to measure – and it is among the most important factors shaping a company’s long-term performance. I’ve seen this up close at companies ranging from Berkshire Hathaway BRK.A, -1.74% BRK.B, -1.57%, which I wrote about in “Berkshire Beyond Buffett: The Enduring Value of Values,” to … Read more