Private equity firm General Atlantic exploring IPO

Private equity firm General Atlantic exploring IPO

General Atlantic, an investment firm with $79 billion in assets under management, is exploring an initial public offering, people with knowledge of the matter said. The New York-based company is working with advisers on a plan to go public, said the people, who...
Wealth managers want to pass the baton. PE firms are ready

Wealth managers want to pass the baton. PE firms are ready

A once-in-a-generation consolidation in the wealth management industry has private equity firms and acquirers eyeing the chance to build up their portfolios of businesses with steady cash flows. Founders and other senior executives are weighing retirement at the same...