Catch up on the top news in wealth management this week
Veronique Fournier says private credit giant is mulling new kinds of partnerships as private assets open up to retail investors
3 min read
The buyout giant is becoming the latest investor to target the French capital
2 min read
Kleinman: 'The whole model for traditional private equity is a little topsy-turvy right now and valuations are still adjusting'
3 min read
Supreme Court Justice B Cohen said the claims of Guzel Ganieva were invalid, largely because of a non-disclosure agreement she signed with Black in 2015
1 min read
A 28% rise in fee-based earnings lifted the asset manager’s first-quarter results as asset sales slumped
3 min read
Apollo said the new site will serve 'as an expanded regional hub for Apollo’s European team, in line with the firm’s broader global growth strategy'
1 min read
The quarterly profit still left Apollo with a full-year loss of $3.21bn, largely because of a decline in the value of reinsurance assets held by Athene Holdings, the firm’s retirement-services subsidiary
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The CS First Boston spinoff, based in New York, offers Credit Suisse a chance to revive a troubled unit and smooth out the volatility of its earnings
4 min read
The paper losses at the buyout firm’s Athene unit eclipse adjusted income and fee-related earnings gains
2 min read
Apollo executives said the firm hired 125 people for its global wealth business in the first quarter
3 min read
Betting industry’s cash flow offers an attractive lure for buyout shops hoping to hit the jackpot
Payments businesses have historically proven lucrative investments for private equity firms
The deal would represent a vote of investor confidence in business travel despite a bumpy 2021 recovery
Private equity giant pins hopes on low fees to drive individual investors to credit funds in bid to hit $1tn in assets
One of Black’s lawyers called the claims 'demonstrably and transparently false'
3 min read
Black’s attorneys say the married private-equity mogul was engaged in a consensual, on-and-off relationship with Guzel Ganieva
4 min read
Black will not retain chair position, as earlier announced
2 min read