Global alternative asset manager announced today that it completed the final close for Multi-Asset Class Fund II at the high end of its targeted capital raise with $983 million in committed capital.
JPMorgan Chase & Co. is raising money for a mezzanine fund through its asset- and wealth-management arm, according to people with knowledge of the matter.
Parthenon Investors VI, LP held its first and final closing with more than $2.0 billion in commitments, exceeding its initial fund target of $1.5 billion.
Paul A. Volcker, who helped shape American economic policy for more than six decades, most notably by leading the Federal Reserve’s brute-force campaign to subdue inflation in the late 1970s and early ’80s, died on Sunday in New York. He was 92.
One of the most successful CIOs in American higher education told FOX Business’ Gerry Baker on “WSJ at Large” that rising costs will force more colleges to close their doors.