KKR & Co.’s profit declined in the third quarter as the company reported a loss from its investment activities and a slump in revenue.
Nasdaq gains 1% on the day, finishes just below its record as investors look to earnings.
Diversified pooled fund managers posted a median 1.5 per cent return before fees for the third quarter of 2019, according to Morneau Shepell Ltd.’s latest pension universe.
Don Valentine, a venture capitalist who founded Sequoia Capital, a Silicon Valley venture capital firm that helped cement the area’s rise as a technology hub, died on Friday at his home in Woodside, Calif., the New York Times reports.
New federal taxes levied on Harvard University, including on its $41 billion endowment endowment, will cost the Ivy League college $50 million, according to Harvard’s annual financial report released Thursday.
Illinois Gov. J.B. Pritzker’s Pension Consolidation Feasibility Task Force formally issued a report explaining the benefits, procedures, and reasons to consolidate about 650 municipal pension funds throughout the state.
As a record amount of money flows into sustainable investments, asset owners and fund managers are coming under increasing pressure to prove their green credentials.
Trust fund assets stood at $9.2 billion as of June 30, 2019.
A new survey from Eaton Partners finds institutional investors are growing concerned about anti-private equity rhetoric coming from some of the U.S. presidential candidates.
University of Chicago endowment grew to an all-time high of $8.5 billion as of June 30, 2019, following a 6.9 percent return for the preceding year.