The mechanics of a PM deal are complex. Contracts are increasingly nuanced and bespoke, including caveats and clawbacks.

Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle ...

Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...

Multistrategy hedge funds are bigger than ever. Some who have worked for the biggest brands are now advising others on how to ...

Investment managers already juggle client relationships, market trends, and fund performance—you wouldn’t want the added ...

The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this ...

Investors can choose between a minimum investment of €100,000 for non-residency or €500,000 if they aim to gain residency ...

Jonathan Simon, one of JPMorgan American investment trust’s portfolio managers, will retire on 3 March 2025 after 45 years in ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

A US-based private fund commonly uses either a Delaware limited partnership or a Delaware LLC as its legal entity. However, it's typical to see a nested structure in which the fund is a limited ...

Validus Risk Management, a software services platform for financial risk management, announced that it has secured growth ...

A group of 17 Republican state attorneys general are demanding answers from top asset managers, who they say are misleading ...