[ad_1] Goldman Sachs has given up on lending to Main Street consumers. Now it’s doubling down on wealthy clients. The Wall Street giant is increasing lending to its private-wealth clients,…
Tag: Alternative Investments
BlackRock to Buy Global Infrastructure Partners for $12.5 Billion
[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…
WSJ News Exclusive | Blackstone Taps Two Firm Veterans to Help Oversee Trillion-Dollar Asset Pile
[ad_1] Blackstone is promoting two senior executives to the newly created roles of co-chief investment officers as the firm adjusts to life as a trillion-dollar asset manager. In their new…
Enthusiasm Ebbs for a Diversity Initiative in Venture Capital
[ad_1] Jan. 10, 2024 7:00 am ET|WSJ Pro Efforts to diversify the venture capital industry have been losing steam, strained by a market downturn as well as a broader debate…
Lexington Partners Collects Nearly $23 Billion for Secondhand Private-Equity Stakes
[ad_1] Updated Jan. 9, 2024 2:15 pm ET|WSJ Pro Lexington Partners, one of the oldest investors in secondhand private-equity assets, has raised $22.7 billion for its latest fundraising effort. The…
WSJ News Exclusive | Fisher Investments in Sale Talks
[ad_1] Updated Jan. 2, 2024 6:00 pm ET Advent International is in talks to acquire Fisher Investments, the money-management firm known for its ubiquitous advertisements, according to people familiar with…
Financial News’ Quiz Of The Year 2023
[ad_1] The City had quite the year. But how good is your memory of the events that shaped it? Financial News is here to test your knowledge. Answers are at the bottom of…
‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament
[ad_1] Private-equity firms usually drive dealmaking on Wall Street. In 2023, they sat it out. High interest rates put many new deals out of reach. Shaky market conditions made it…
Opinion | Harvard, Claudine Gay and the Education of Bill Ackman
[ad_1] Although Bill Ackman received his B.A. in 1988 and his M.B.A. in 1992, both from Harvard, you could say his education began on Oct. 8. On that morning, Mr.…