KKR reported $429 billion in assets under management as of June 30, up 16.9% from March 31 and 93% year over year.
Morgan Stanley Investment Management closed North Haven Credit Partners III at $1.6 billion, exceeding its fundraising target by 29%.
Strategic Value Partners closed its latest middle-market special situations fund at its $5 billion hard cap.
Pensions Europe says it's still not clear how the industry should balance financial returns against a desire to do more ESG investing.
Institutional investors with large allocations to U.S. equities and fixed income saw strong median returns in the second quarter.
Allianz warned of a potentially material hit to its earnings after the Justice Department opened a probe into its Structured Alpha Funds.
China's securities regulator called for talks with the SEC after it increased disclosure requirements for IPOs of Chinese companies.
A bill to direct the SEC to issue a new form for annuity issuers to use when filing registered index-linked annuities has been reintroduced.
Most hedge fund managers expect institutional investors to increase their allocations to quantitative strategies this year.
Asia-Pacific alternatives manager Ares SSG closed its latest direct lending fund at more than $1.6 billion, double the previous fund.
Credit Suisse sought to assure investors that the bank will "learn all the right lessons" from the fiasco at Archegos that cost it billions.
Online trading platform Robinhood Markets fell as much as 7.9% after raising $2.1 billion in an IPO priced at the bottom of market range.
Wespath Benefits and Investments' board chose Andrew Hendren as CEO and general secretary to replace long-serving CEO Barbara Boigegrain.
Vanguard Group announced the reopening of the $120.3 billion Vanguard Wellington Fund.
Michael Heldmann was named chief investment officer for systematic equity at Allianz Global Investors.
The structured credit market is lagging behind on addressing ESG risks due to unique challenges posed by the asset class.
The number of securities class-action lawsuits filed in the first half of 2021 fell sharply from the levels in the second half of 2020.
Federal Reserve officials indicated they have begun discussing when to tap the brakes on their robust support for the U.S. economy.
Expanding features like automatic enrollment and scaling state-sponsored automatic IRA programs could ease the nation's coverage gap.
The Institutional Limited Partners Association released a guide to help private investors measure how GPs are integrating ESG.
The SEC chairman advocated mandating public companies disclose climate risks will be a benefit to investors and the market as a whole.
The U.K.'s FCA will consider ways to give investors more transparency into the diversity of public company boards and executives.