The transaction is expected to close in the second half of the year.

They will be responsible for the evaluation, due diligence and execution of new investments.

About a third of hedge funds invest in ESG-dedicated strategies leading to investment demand being considered a ‘primary driver’ in improving ESG, research from BNP Paribas shows.

Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its multibillion investment funds collapsed amid market turmoil triggered by the coronavirus pandemic in 2020.

Student activists garner more headlines than pensioners. And maybe that’s a good thing.

Firm’s inaugural environmental sustainability fund closes with more than $200 million in committed capital.