More endowments are relocating their investment offices to better access talent, managers, Bloomberg reports.
Charles Schwab is in talks to buy the brokerage and wealth management operations from USAA for roughly $2 billion in a deal that could be reached this month, the Wall Street Journal reports.
New York-based manager believes repurchase will “better align” interests with clients and stakeholders.
Lewis will depart Aug. 2 and Deputy CIO James Nolan will take over the role in the interim.
Three-part paper focuses on why, what and how of private equity investing.
The firm today announced the first and final closing of Great Hill Equity Partners VII, L.P., reaching its hard cap of $2.5 billion of limited partner commitments.
The plan is searching for an executive search firm to assist with finding replacement to Lou Lazatin, who was terminated.
Alexander Navab died unexpectedly on Sunday while on holiday with his family, his firm said.
The pension system now must publicly disclose the amount it pays in carried interest fees by the end of each calendar year. The first report, due Dec. 31, will include the fees from fiscal years 2015 through 2019, the Baltimore Sun reports.
In asset management, Deutsche Bank’s DWS arm is seen as another of its strong points, Reuters says.