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  1. Blackstone Group assets climb 2.2% for quarter, 24.5% for year

    trueBlackstone Group reported Thursday a record $271.7 billion in assets under management as of March 31, up 2.2% from Dec. 31 and up 24.5% from a year earlier.

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  2. Bain Capital closes 11th fund at $7.3 billion

    trueBain Capital closed its 11th North American private equity fund with $7.3 billion, which includes an $800 million investment by Bain executives.

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  3. Morgan Stanley reports 2% AUM increase for quarter

    trueMorgan Stanley Investment Management reported $382 billion in assets under management as of March 31, up 2% from Dec. 31 and up 12% from a year earlier.

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  4. BP Pension Trustees appoint interim CEO

    trueDavid Rix was named interim CEO of BP Pension Trustees.

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  5. Victory Capital acquires Munder Capital, will form new firm

    trueVictory Capital Holdings is acquiring Munder Capital Management for an undisclosed amount.

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  6. BlackRock's AUM up 2% for quarter on $26.7 billion in net inflows

    trueBlackRock's assets under management totaled $4.401 trillion as of March 31, up 2% from three months earlier and up 12% from a year ago, according to an earnings statement released Thursday.

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  7. Portfolio managers pessimistic on credit default, survey finds

    trueThe outlook for credit defaults has worsened considerably in every global market since the end of 2013, according to a survey from the International Association of Credit Portfolio Managers.

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  8. Avenue Capital, Fortress co-founders part of group buying NBA's Milwaukee Bucks

    trueThe National Basketball Association's Milwaukee Bucks will be sold to a group that includes Avenue Capital Management's Marc Lasry and Fortress Investment Group co-founder Wesley Edens for $550 million.

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  9. Natixis appoints head of business development

    trueNicholas Elward was named senior vice president, head of business development at Natixis Global Asset Management.

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  10. BNP Paribas adds new institutional position

    trueCynthia Sweeney Barnes was appointed head of global segments and Europe, the Middle East and Africa, at BNP Paribas Investment Partners.

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  11. St. Joseph, Mo., seeks manager, custodian for 2 transit plans

    trueSt. Joseph, Mo., is searching for an investment manager and custodian for its two transit employee pension funds.

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  12. INTECH hires managing director for consultant relations team

    trueAdam Craig was named managing director, consultant relations, at INTECH Investment Management, said spokeswoman Ciara Brinkmann.

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  13. T. Rowe Price taps Ashmore veteran for senior institutional sales role

    trueDavid Frazer joined T. Rowe Price in Sydney in a senior institutional sales and relationship role, with the title of relationship management, Australia and New Zealand.

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  14. BNY Mellon names Economist editor as investment strategist for Asia

    trueSimon Cox joined BNY Mellon Investment Management in Hong Kong as a managing director and investment strategist for the Asia-Pacific region.

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