Illinois State

Oak Brook, IL

The private market boom continued unabated over the summer with 34 fund closings attracting roughly $89 billion in commitments from global investors, according to the AW Research Manager Scorecard for July 2024. Similar to June, when managers drew in $65 billion, private equity and credit strategies were nearly equal in...

PE, credit strategies draw $89bn in July inflows

Here’s a quick snapshot of the top 10 most read (and shared) stories published on Alternatives Watch in August. Our ranking is in ascending order, with the most popular story at the end of this post. The eclectic list includes AW Research articles, coverage of pension fund mandates and RFPs, fund news, a deep dive into the life settlements sector and more.

AW Top 10 reads for August

Ares Management completed its acquisition of Riverside Credit Solutions (RCS), an affiliated fund of The Riverside Company. The value of the deal was not disclosed. This strategic move strengthens Ares' position in the lower-middle market lending space and enhances its U.S. Direct Lending strategy. In the firm’s recent second-quarter earnings presentation, the Ares Credit Group […]

Ares acquires Riverside Credit Solutions, expanding direct lending capabilities

Georgia State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

DeanLand

Three earthquakes were recorded in Georgia during August, the strongest a 2.4 magnitude which occured far outside of the area where Georgia earthquakes most often occur. The quakes were recorded and reported by the US Geological Survey, which maintains seismograph stations throughout the US.

Rare SE Georgia Earthquake Recorded in August, State's Farthest South in 10 Years

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Jefferson County, KY

Louisville, KY

Northern Kentucky Tribune

Federal, state and local public health officials have confirmed the first case of the Oropouche virus in Kentucky and Jefferson County in a person who had returned to Louisville after traveling to the Caribbean.

Health officials report first case of Oropouche virus, aka ‘Sloth Fever,’ confirmed in Kentucky

Clearlake Capital Group announced an agreement to acquire MV Credit, a pan-European private credit specialist, from Natixis Investment Managers. London-based MV Credit is an independently managed European private credit specialist with $5.1 billion in assets under management. The firm is active across senior direct lending, subordinated direct lending, hybrid and CLO strategies. Since its inception in 2000, MV Credit has deployed more than $11 billion, leading over 500 bespoke transactions of up to $500 million with prominent sponsors such as EQT, Nordic Capital, Cinven and Bain Capital.

Clearlake expands credit, CLO capabilities with MV Credit acquisition

Houston, TX

The $1.1 billion endowment of the University of Houston notched one hedge fund commitment at its August committee meeting. The endowment portfolio has $73 million allocated to hedge funds and approved full redemptions of hedge funds managed by HBK Capital Management and Davidson Kempner Capital Management. For the year ending June 30, 2024, hedge funds reported nearly 11% in annualized gains in the investment portfolio.

University of Houston adds hedge fund

This story was produced through a collaboration between the Daily Yonder , which covers rural America, and Climate Central , a nonadvocacy science and news group. On the day he would become homeless, Wesley Bryant was awoken by his wife, Alexis.

Some Kentuckians, like many rural Americans, are too poor to qualify for federal flood protections

Minnesota State

Savannah, GA

The Current GA

The Harris-Walz campaign opened its Savannah-area bus tour Wednesday with political pundits across the nation pondering weighty issues of whether the events showed Georgia to be either a red or blue state.

Harris, Walz make barbecue stop in Sandfly

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Declutterbuzz

Overwhelm is a word I often hear folks say regarding decluttering. Decluttering does not have to be overwhelming. When you Declutter For Life the process is not stressful. You won't clear the chaos overnight, but with patience and effort, you can build a space—and a life—that feels calm and organized. For busy young working moms who've tried and failed, understanding that decluttering is a gradual process rather than a quick fix can change everything. Let me explain.

How To Declutter For Life, Not For a Quick Fix!

Denver, CO

David Heitz

A Denver City Council committee will consider Tuesday changing the term “feminine hygiene products” to the more inclusive “menstrual hygiene products” in city sales tax documents.

Denver considers name change for feminine hygiene products

Wyoming State

Buffalo, WY

WyoFile

The House Draw Fire burning in northern Wyoming grew to more than 163,000 acres on Thursday — nearly the combined size of Denver and Salt Lake City — threatening structures, prompting evacuation orders and forcing the closure of Interstate 90.

Wildfire burns 163,000 acres in northern Wyoming, forcing evacuations and I-90 closure

Hollywood, CA

Rancho Mirage, CA

Palm Springs Tribune

A rare opportunity has emerged in the heart of Rancho Mirage as a notable Hollywood Producer and his wife list their mid-century modern estate located within the exclusive Historic Estates of Tamarisk Country Club.

Hollywood Power Couple Lists Rancho Mirage Estate Behind the Historic Estates Gates of Tamarisk Country Club

Apache Junction, AZ

Suzy Jacobson Cherry

When I studied Anthropology in college, I learned that teeth have been indicators of economic status just about forever. Archaeologists look at the teeth in ancient skeletons and know who the rich were based on their tooth decay. During the Renaissance period, it became fashionable for women to blacken their teeth to look like they were better off than they were, because the royals and aristocrats, who could afford sugar and sweets, had more rotten and missing teeth than the poor.

Opinion: Stop Stereotyping Bad Teeth as a Sign of Drug Addiction

Clutter, can and often does, creep up on us because decluttering is an ongoing process. This makes our homes feel more like chaotic storage units than serene sanctuaries. Keep reading to learn how to avoid making decluttering mistakes.

How To Avoid Making Common Decluttering Mistakes

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

Green Bay, WI

Joe Heller was the editorial cartoonist for the Green Bay Press-Gazette in Green Bay, Wis., from 1985 until being laid off in July 2013. He still draws several cartoons a week and distributes them through his own syndicate. Through Heller Syndication, his cartoons regularly appear in more than 400 newspapers, making him the most successful self-syndicated editorial cartoonist in the nation. His cartoons are reprinted many times in USA Today, Denver Post, St. Paul Pioneer Press, The New York Times, the Los Angeles Times, Newsweek Japan, The Week and The Washington Post. Joe’s cartoons have won numerous distinctions, including 10 Best of Gannett awards, eight Milwaukee Press Club awards and two Honorable mentions for the John Fischetti Award. He lives in Green Bay with his wife, Pamela. He is a regular featured cartoonist for the NKyTribune .

Joe Heller: Cartoonist on news — Off to college, Biden-Harris, aging student, Covid surge

PAVILLION—Wes Martel’s frustrations bubbled up with ease while walking toward a penstock churning with water diverted from the Wind River. “This is all reservation land,” he said. “That’s our position. This place never should have been created.”

Federal ‘land grab’ advanced by Barrasso, Hageman angers tribes

New Jersey State

Newark, NJ

Morristown Minute

NEW JERSEY - Alain Rodrigues, a 49-year-old Middlesex County resident and owner of a construction business in Old Bridge and Newark, New Jersey, has admitted to charges of tax evasion and failure to collect and pay over taxes. U.S. Attorney Philip R. Sellinger announced that Rodrigues entered his guilty plea on August 1, 2024, before U.S. District Judge Esther Salas in Newark federal court.

Construction Business Owner Admits Tax Evasion, Owes $1.35M

Lawrence Township, NJ

A couple from Lawrence Township, New Jersey, admitted in federal court to conspiring to submit fraudulent asylum applications on behalf of non-citizen clients, according to U.S. Attorney Philip R. Sellinger.

NJ Couple Guilty of Submitting Fraudulent Asylum Applications

Clarendon Hills, IL

Villa Park, IL

Hinsdale, IL

Downers Grove, IL

Lombard, IL

Western Springs, IL

Elmhurst, IL

Hillside, IL

Westchester, IL

Westmont, IL

Berkeley, IL

La Grange Park, IL

Bellwood, IL

Glen Ellyn, IL

Broadview, IL

Brookfield, IL

La Grange, IL

Stone Park, IL

NewsBreak

IMRF adds two PE funds

The $54 billion Illinois Municipal Retirement Fund approved up to $80 million to private equity strategies at its August board meeting. Officials also announced the board’s...

IMRF adds two PE funds

Comments / 0