Three plead guilty in Hanover Ponzi trial

Trio ran scheme that cost investors $18M
Feb 3, 2014 11:22 AM

BB&T unit lifts Ryman stake to almost 8%

Managers of $45B bought big during Q4
Jan 24, 2014 12:40 PM

VU recruits two investment managers

Duo focused on hedge funds, public equities
Jan 3, 2014 10:22 AM

State retirement system continues PE push

The Tennessee Consolidated Retirement System finished 2013 with a bang, sending out checks for some $400 million to a number of private-equity funds as it seeks to reach its 3 percent asset class target. Chris Witkowsky at PE Hub has the rundown:

• $20 million to OrbiMed Private Investments V
• $20 million to Drive Capital Fund I
• $75 million to Olympus Growth Fund VI
• $75 million to AXA Secondary Fund VI
• $55 million to Merced Partners IV
• $55 million to General Catalyst
• $60 million to Trident VI
• £40 million to Vitruvian Investment Partnership II

Click here for background info on the other millions the state pension system has placed in the hands of private-equity managers since 2009.

Jan 2, 2014 12:10 PM

Kirkland's, Acadia top area stocks in '13

Eight locals post gains of 50% or more
Jan 2, 2014 6:50 AM

Pinnacle adds investment SVP in Cool Springs

Pinnacle Financial Partners has recruited veteran investment consultant Rhett Fordham to its Mallory Lane office in Cool Springs. Fordham, who is a senior vice president, has a dozen years of experience, most recently as a VP and investment executive at Fifth Third Securities. Before that, he also worked as a regional VP for Riversource Annuities in Minneapolis and as a licensed sales assistant for SunTrust Investment Services.

Jan 2, 2014 6:47 AM

Options types betting on CHS bounce

Shares of Community Health Systems are trading at their lowest levels since January (Ticker: CYH) but there appear to be at least a few investors who believe they will bounce back in the near future. Mike Yamamoto at reports that a large number of January $39 calls were bought this week, which would begin to pay off after a climb of about 7 percent.

Dec 20, 2013 12:51 PM

New Constructs hooks up with advisor hub

Local investment evaluator David Trainer has signed an agreement to supply its research reports to clients of FA Today, which sells news and technology tools to independent financial advisors looking to connect with each other. FA Today's current format was launched in October, when it had about 12,000 users.

Dec 11, 2013 11:27 AM

Bank of Nashville hires private banking chief

Former SunTrust, Wachovia exec also leading wealth management
Dec 10, 2013 7:07 AM

CapWealth spinout to market reporting tools

Longtime Turner family office exec teams with firm's principals to target mega-rich
Dec 2, 2013 1:17 PM