Carlyle Group Inc. is spinning out its sub-Saharan African team to a new company formed by the managers of its $700 million regional fund, according to a person with direct knowledge of the matter. The alternative asset manager is hiving off the fund after deciding...
The New Jersey Division of Investment, which makes investments for the New Jersey Pension Fund, Trenton, committed up to $225 million to private equity funds for the pension fund. The division made the disclosure at a meeting Wednesday of the State Investment Council,...
Consultants have urged asset managers to up their game in private equity, debt and infrastructure for years — and now they are doing so, a survey by asset management consultancy Alpha FMC has shown Over half of Britain’s asset managers are planning to launch...
Activist investor Bill Ackman said he has exited his investments in Warren Buffett’s Berkshire Hathaway Inc. as well as his recently acquired investments in the Blackstone Group Inc. and Park Hotels & Resorts Inc. Ackman’s Pershing Square Capital Management sold...
Nordic Capital has signed an agreement to acquire Max Matthiessen, one of the leading financial advisors within pensions, insurance and investment in the Nordic region, from Willis Towers Watson. Nordic Capital is a leading investor in the financial services sector... 