ALTERNATIVES
Mitsubishi UFJ Financial Group is seeking to acquire alternative asset managers as more client money flows into non-traditional investments.
Blackstone reported $991.3 billion in assets under management as of March 31, a 1.7% increase from Dec. 31 and up 8.3% from a year earlier.
U.S. venture capital firms are showing some progress in increasing gender, racial and ethnic diversity, but gains are small and uneven.
Nearly three-quarters of institutional investors plan to increase their private equity allocation, according to a BlackRock Alternatives survey.
Private equity and venture capital firms are cautious on deal activity and pessimistic about fundraising in 2023, an S&P survey found.
Credit portfolio managers are concerned about global credit deterioration and see a recession as a strong possibility by the end of the year.
Hunter Point Capital has made a minority investment in secondary market alternative investment firm Coller Capital.
Former Goldman Sachs executive Chris Crampton joined Blue Owl Capital as a managing director.
HPS Investment Partners closed its HPS Strategic Investment Partners V fund at $17 billion in investible capital.
Carlos Cruz has been named managing director and head of capital markets at alternative asset manager HarbourView Equity Partners.
