Three SEC whistleblowers say financial intermediaries are systemically concealing and pocketing mutual fund omnibus payments which 401ks and pensions are systematically cheated out of mutual fund onmnibus payments by financial intermediaries.
In dark times we look for bright spots, like remarkable people doing remarkable things. That’s what our 40 Under 40 feature, now in its 31st year, is all about.
Today, Blackstone (NYSE: BX) announced that private equity funds managed by Blackstone Energy Partners have entered into a definitive agreement to acquire Therma Holdings LLC (“Therma”), a portfolio company of Gemspring Capital.