The Securities and Exchange Commission should rein in the lopsided power of for-profit stock exchanges, SEC Commissioner Robert Jackson Jr. said.
Bank of America will pay $30 million to settle CFTC charges that the bank tried to manipulate the U.S. Dollar ISDAFIX benchmark.
HPS Investment Partners has agreed to lift out the staff of distressed credit manager Talamod Asset Management.
Logan Capital Management is hiring away the sovereign dividend performers portfolio management team from Manulife Asset Management.
Scott Snell joined Tetragon Credit Income Partners as a portfolio manager of collateralized-loan obligation strategies.
Qatar appointed Mansoor bin Ebrahim Al Mahmoud as chief executive officer of one of the world's largest sovereign wealth funds.
Hillhouse Capital Group on Wednesday announced it closed its latest private equity fund, Hillhouse Fund IV, at $10.6 billion.
Ted Jennings was named senior investment manager within RPMI Railpen's private markets team.
U.K. regulators are seeking input on how insurance companies are assessing key risks relating to LIBOR's 2021 expiration.
Investment professionals increasingly expect a so-called hard Brexit when the time comes for the U.K. to leave the European Union.
Kathryn Sayko was named chief inclusion and diversity officer at PGIM.
Stonepeak Infrastructure Partners is receiving a $350 million preferred equity investment from Landmark Partners in part to diversify its holdings.
Karen Simeone has joined alternative investment firm HarbourVest Partners as a managing director.
Abdullah Bin Mohammed Al Thani is leaving as CEO of the Qatar Investment Authority after almost four years at the helm.
University of Virginia Investment Management Co.'s endowment and long-term pool returned a gross 11.4% in the fiscal year ended June 30.