Assured Guaranty U.S. Holdings Inc. has entered into an agreement to acquire global credit alternatives manager BlueMountain Capital Management for approximately $160 million.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
Rockefeller Capital Management is adding two senior advisors to advise the firm on creating long-term strategic solutions for clients, institutions and communities.