Warburg Pincus and Blackstone Inc. are considering selling IntraFi, which could fetch the financial technology company more than $10 billion. The private equity firms have
Category: Fund Management
Ares Management, a leading firm in private credit, garners a record $36 billion in Q2.
As institutions continued to allocate to the asset class, Ares Management, one of the biggest names in private credit, reported a record fundraising of $36
Goldman Sachs’ $1 trillion first-half M&A volume creates a new benchmark for dealmaking.
The Wall Street giant stated in a LinkedIn post using Dealogic statistics that it has overseen over $1 trillion worth of announced mergers and acquisitions
Vanguard’s index fund achieves the milestone of the first $1 trillion ETF.
The flagship exchange-traded vehicle of the index investing pioneer, the Vanguard S&P 500 ETF, became the first ETF in history to achieve and surpass $1
JPMorgan will hire more AI staff and fewer dealmakers. – CEO Jamie Dimon.
Jamie Dimon, CEO of JPMorgan Chase & Co., says the Wall Street giant will probably hire fewer traditional bankers and more AI professionals as the
StanChart will replace “lower-value human capital” with AI and eliminate more than 7,000 jobs.
In an effort to replace “lower-value human capital” with technology, Standard Chartered will eliminate almost 7,000 positions over the course of the next four years.
U.S. Vanguard aims to double its European assets to $1 trillion in five years.
Vanguard’s CEO of Europe said the company will broaden its product line for regular investors in Europe with the goal of becoming the largest retail
Apollo’s assets under management surpassed $1 trillion, driving its fee earnings to a record high.
Apollo Global Management reported on Wednesday that its earnings from fees for the first quarter reached all-time highs as its assets under management exceeded $1
Ares Management logs record $30 billion fundraising, allaying private credit “doomsday” concerns.
One of the largest names in private credit, Ares Management, announced a record first-quarter fundraising of over $30 billion on Friday, indicating that investor interest
Goldman Sachs acquires Innovator Capital with 240 ETFs globally valued at $90 billion.
Goldman Sachs announced on Thursday that it had successfully acquired Innovator Capital Management, an active exchange-traded fund provider, increasing the Wall Street bank’s footprint in
