In The News
Life-settlements investor Corry Capital Advisors has raised $478 million for its new fund, the largest in the firm’s 14-year history.
The Ontario Municipal Employees’ Retirement System (OMERS) has selected Annesley Wallace to serve as the fund’s new chief pension officer, replacing Blake Hutcheson, who recently left the position to become CEO.
Local government pension schemes in Britain pulled money out of hedge funds last year, shifting cash to infrastructure projects such as wind farms and to private equity, a Reuters analysis of annual reports shows.
The AIG unit makes arrangements with unions, which then promote its products to members.
It is becoming increasingly hard to break into the $4.3 trillion market for exchange-traded funds.
HCR receives strong investor support for new flagship vehicle and announces four senior promotions.
Manulife Investment Management announced the closing of approximately US$1.5 billion in commitments to Manulife Private Equity Partners, the first fund-of-funds product raised by Manulife Investment Management’s Private Markets group as part of its ongoing effort to provide specialized asset management solutions for global investors.
Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers, Reuters reports.
Platinum Equity announced today the final close of its latest global buyout fund, Platinum Equity Capital Partners V, with $10 billion in total capital commitments.
Vanguard reached $6 trillion in assets late last year. And it achieved that in the midst of an ongoing fee war with Schwab-TD Ameritrade, which continued last week.