In The News
Charles Schwab In Talks To Buy USAA Wealth-Management, Brokerage Units

Charles Schwab is in talks to buy the brokerage and wealth management operations from USAA for roughly $2 billion in a deal that could be reached this month, the Wall Street Journal reports.

07.16.19
Industry News
Value Equity Firm Returns To 100% Employee Ownership

New York-based manager believes repurchase will “better align” interests with clients and stakeholders.

07.16.19
People Moves
Pennsylvania State Employees CIO Departing

Lewis will depart Aug. 2 and Deputy CIO James Nolan will take over the role in the interim.

07.15.19
Industry News
Arnerich Massena Publishes Private Equity White Paper

Three-part paper focuses on why, what and how of private equity investing.

07.15.19
In The News
Great Hill Partners Raises $2.5 Billion for Seventh Growth Buyout Fund

The firm today announced the first and final closing of Great Hill Equity Partners VII, L.P., reaching its hard cap of $2.5 billion of limited partner commitments.

07.10.19
Industry News
LACERA Seeking Recruiting Firm For CEO Search

The plan is searching for an executive search firm to assist with finding replacement to Lou Lazatin, who was terminated.

07.09.19
People Moves
Navab Capital Partners Founder & Former KKR Exec. Dies

Alexander Navab died unexpectedly on Sunday while on holiday with his family, his firm said.

07.08.19
In The News
New law requires Maryland pension system to disclose millions in fees paid to Wall Street firms

The pension system now must publicly disclose the amount it pays in carried interest fees by the end of each calendar year. The first report, due Dec. 31, will include the fees from fiscal years 2015 through 2019, the Baltimore Sun reports.

07.08.19
In The News
After Deutsche Bank cuts, where will the growth be?

In asset management, Deutsche Bank’s DWS arm is seen as another of its strong points, Reuters says.

07.08.19
In The News
5 women-led firms crushing the gender gap in VC

For the first time in over a decade, companies founded solely by women have picked up more than 3% of the total capital invested in VC-backed startups in the US, according to PitchBook’s VC Female Founders Dashboard.

07.08.19