Blackstone said assets under management rose 4.9% to $648.8 billion as of March 31, hitting an "industry record."
U.S. regulators are considering tougher disclosure requirements for investment firms in response to the implosion of Archegos Capital.
Ian Warmerdam joined impact-driven ESG firm Trillium Asset Management as lead portfolio manager, as part its launch into the U.K.
Global money managers raised about $150 billion in new capital for non-listed real estate in 2020, down significantly from 2019 levels.
Swedish hedge fund Informed Portfolio Management will cease all investment activities following performance issues and significant outflows.
OneDigital acquired RIA firm Westminster Consulting, adding more than 70 retirement plan clients.
Two Sigma is starting a group to invest in private real estate as it seeks to expand its data-science expertise into non-public markets.
Comvest Partners closed direct lending fund Comvest Credit Partners V at more than $1.3 billion.
EQT Partners closed its latest fund, EQT IX, at $18.7 billion, ahead of its target.
AlpInvest Partners raised $3.5 billion for its latest co-investment fund, focusing on buyouts and growth capital transactions.
Credit Suisse expects to take a further $652 million financial hit from its relationship with Archegos Capital Management.
Private equity investors are taking concrete steps to advance diversity, equity and inclusion, according to an industry association.
Alternative investment managers’ combined assets under management grew 5.1% to an all-time high of $7.4 trillion in 2020.
Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
A court denied a request for an injunction to halt Owl Rock Capital Partners' $12.5 billion merger with Dyal Capital Partners and a SPAC.
First Eagle Investment Management lifted out four people from Royce Investment Partners to establish its new small-cap equity team.
Sacramento County Employees rebalanced its equities and fixed-income portfolios and redeemed from a hedge fund that was on its watch list.
Kaitlin M. May was named head of global institutional management at Putnam Investments.
Paul Griffiths was appointed global head of institutional business at HSBC Asset Management, effective May 5.
Jake Cabala was named head of fund partnerships at health-care private equity manager Patient Square Capital.
Ventura County raised targets to large-cap equity, private debt and private equity, and lowered absolute-return fixed income and Treasuries.