In The News
The Wall Street firm’s revenue rose 18% above 2019’s fourth-quarter level as it benefited from a relatively small loan book and heavy exposure to underwriting and trading securities.
Founder Stephen Schwarzman was one of president’s staunchest backers on Wall Street.
BlackRock is the latest (and biggest) player to shatter any delusions that companies can ignore the climate.
Pension debt, now $3.3 billion, has nearly tripled since 2007 as employees make more and live longer.
The state has underfunded the pension system for decades, and the state treasurer says the gap is so big, action is needed now.
By issuing bond-like instruments called certificates of participation, the city will work to fund the growing obligation to the Public Safety Personnel Retirement System, which is currently unfunded by about $1.5 billion.
MTAA Super and Tasplan will rebrand as Spirit Super after completing their merger, creating a $23 billion investor ambitious to deploy its newfound heft.
KKR, a leading global investment firm, today announced the final close of KKR Asia Real Estate Partners, a $1.7 billion fund focused on opportunistic real estate investments in Asia Pacific.
New chief Mark Versey believes renewable energy push will spark fresh growth for struggling asset manager.
The two largest asset managers had heavy exposure to blacklisted Chinese companies.