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Madison Asset Management purchases Hansberger international growth equity business
trueMadison Asset Management on Tuesday announced it had acquired Hansberger Global Investors' international growth equity business from Hansberger parent Natixis Global Asset Management.
BNY Mellon posts record AUM of $1.62 trillion, up 2% in quarter
trueBank of New York Mellon reported a record $1.62 trillion in combined assets under management for its BNY Mellon Investment Management and wealth management businesses as of March 31, up 2% from three months earlier and 14% higher than a year earlier.
GSAM acquires smart beta firm Westpeak Global Advisors
trueGoldman Sachs Asset Management agreed to acquire smart beta specialist Westpeak Global Advisors.
BlackRock appoints emerging markets debt portfolio manager, senior strategist
truePablo Goldberg was named managing director, portfolio manager and senior strategist at BlackRock.
Davis Cos. signs on new president
trueRichard McCready was named president of real estate investment firm The Davis Cos.
Palladium Equity Partners closes 4th fund at $1.14 billion
truePalladium Equity Partners closed its latest private equity fund, the $1.14 billion Palladium Equity Partners IV, exceeding its $800 million target.
Centerview Capital chooses new consumer-business partner
trueBrian K. Ratzan joined Centerview Capital as a partner in the private equity firm's consumer business.
Eaton Vance adds head of global consultant relations
trueBradford G. Thomas was named vice president and head of global consultant relations at Eaton Vance Distributors.
InHub debuts RFP assistance website for consultant searches
trueInHub LLC, a newly formed technology company, on Monday unveiled its flagship product, a website that assists plan fiduciaries in the request-for-proposal process.
HFR: Hedge fund assets reach record level for 7th straight quarter
trueHedge fund industry assets hit a new peak of $2.702 trillion as of March 31, the seventh consecutive quarter of record-breaking net growth, according to new data from Hedge Fund Research.
After big TIAA-CREF-Nuveen deal, boom predicted in manager mergers
trueIn the wake of TIAA-CREF's purchase of Nuveen Investments Inc., industry watchers say there is more to come.
HS Group seeds Asia-based hedge fund being launched by former Soros veterans
trueHS Group, a Hong Kong-based firm launched in 2013 to provide seed capital and strategic backing for hedge funds in Asia, announced its first investment in a fund being set up by two Soros Fund Management veterans.
Hedge fund returns off to sluggish start
trueHedge funds have suffered the worst start to the year since 2011.
MoneyTree Report: Venture capital investments up for the quarter; deal volume down
trueU.S. venture capital firms invested $9.5 billion in 951 transactions in the first quarter, with more money in fewer deals than in the fourth quarter of 2013 when venture capital firms spent $8.4 billion in 1,112 deals, according to the MoneyTree Report from the National Venture Capital Association ...
Christian Brothers doesn't want Buffett on Berkshire Hathaway's board
trueChristian Brothers Investment Services is opposing the election of all Berkshire Hathaway Inc. directors, including Warren E. Buffett, chairman and CEO.