Audax Group closed its latest mezzanine debt fund, Audax Mezzanine Fund V, at $1.85 billion, exceeding its fundraising target.
Asset owners aren't changing their long-term investment plans in reaction to GameStop, Archegos and other market anomalies.
Singapore-based startup Grab Holdings is going public in the U.S. through the largest-ever merger with a blank-check company.
Vanguard Group made investment errors in the accounts of customers participating in Nevada's 529 plan.
Consultants are asking pension funds to think carefully about two very real concerns in passive investing: ESG and concentration risks.
Blackstone Group closed its inaugural growth equity fund, Blackstone Growth, at $4.5 billion, raising more money than any fund of its kind.
Lea Carty was named group head, investment solutions at London Stock Exchange Group, focusing on improving data and index capabilities.
Ares Management closed its Ares Pathfinder Fund at $3.7 billion, well above its fundraising target of $2 billion.
Although the 60/40 portfolio model saw investors through the cataclysm of the pandemic, the global recovery is proving an even tougher test.
Oakland Police and Fire Retirement System starts shortlist search for systematic trend-following and alternative risk premium strategies.
Investors need to find new sources of growth to rebuild economies damaged by the coronavirus pandemic, rather than recycling known concepts.
LIBOR is going away and the transition to new rates has plenty of hurdles.
Greensill Capital lost a longtime ally after GAM said it’s ending dealings with the firm, increasing pressure on founder Lex Greensill.
Malaysian e-payments leader is one regulatory hurdle away from launching a local version of Yu'ebao.
U.K. investors are negotiating better fees thanks to increased information afforded by Cost Transparency Initiative templates.
A group of 30 firms have failed to follow U.K. fee information standards agreed by the Financial Conduct Authority, investors and managers.
SPAC launches continue at a hefty pace but most institutional investors remain on the sidelines when it comes to investing directly in them.
Nomura Holdings and SPARX Group set up a JV to list a fund offering individual investors the chance to invest in unlisted companies.
Abu Dhabi Investment Office created an network of eight offices around the world, aiming to attract businesses to the emirate.
Capital Constellation purchased a stake in private equity manager Avista Capital Partners, which focuses on health-care investments.
Industry players put lessons learned from COVID-19 to work in 2021 along with a strong focus on DEI and ESG.
NYSE will not delist three Chinese state-owned telecom firms, backtracking on a plan that had threatened to escalate U.S.-China tensions.
Money managers are once again hoping that recent outperformance by value stocks will stick around.
Leveraged lending is not posing a major risk to U.S. financial stability but financial regulators are still cautious, a GAO report says.
Institutional investors increasingly are splitting out China equities from their emerging market equity allocations.