Saudi PE Firm Jadwa Plans $104 Million Raise For Mideast Deals
Saudi Arabia's Jadwa Investment Co. plans to raise as much as 400 million riyals ($104 million) for a fresh round of deals in the Middle East as it looks to expand its portfolio of companies and list them in the the region.
The private equity firm aims to secure the money before year-end, taking total fundraising for its flagship blind pool fund to 1.7 billion riyals, according to Rabie Dagher, managing director of private equity.
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Scottish Widows owes it to the UK taxpayer to invest in British companies
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Conquest Planning Raises $80M to Accelerate US Expansion
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Cetera CEO Durbin Cites 4 RIA Options as Differentiator for New Indie Channel
You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. Cetera Financial Group CEO Mike Durbin believes the firm's recently created RIA channel will attract both internal and external advisors, partly due to its multi-model approach. In a market shifting toward independent registered investment advisor models, Durbin sees Cetera as uniquely positioned to offer options ranging from fee-only, fiduciary-focused advice to hybrid models with commission-based business, to independent 1099s operating on Cetera's platform. 'We've clustered all those into this new channel because that is this confluence of RIAs [models], and/or going to market and doing the direct provision of advice and guidance to the end household as a Cetera advisor,' he said. The San Diego-based broker/dealer's channel combines four existing advisor groups created through years of acquisition. 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