Morgan Stanley expects to make acquisitions in the asset-management industry, according to Chief Executive Officer James Gorman. “We’ll do deals,” Gorman said Tuesday at the firm’s virtual financials conference. “I’ve been very clear about that. I am not shy about...
South Carolina Retirement System Investment Commission, Columbia, committed up to $531 million to five private equity funds and a private credit fund for the $28.2 billion South Carolina Retirement Systems’ investment portfolio, according to board documents. At...
Wars are said to be accelerators of history. So are pandemics. Both unmask the fragility of our ways of life, notably our flimsy assumptions. The Covid-19 crisis has exposed the unresolved fundamental contradictions of sustainability. The environmental, social and...
German private bank Berenberg has teamed up with digital private assets investment platform Moonfare to offer its clients access to private equity funds. Moonfare, based in Berlin, enables individuals to directly invest in selected private equity funds. The minimum...
Under the terms of the new deal, Blackstone would be required to pay €46m in damages if regulators do not approve the transaction or if it’s scrapped for other reasons. Blackstone has lowered its bid for Dutch bank NIBC by more than a quarter following ongoing... 