Hedge Funds Are Pocketing Much of Their Clients’ Gains With ‘No Limit’ Fees
A Bloomberg analysis of the major hedge funds’ regulatory filings shows their passthrough fees have exploded in recent years.
Bain Capital Eyes $340 Million Loan for Blackstone’s Avery Lodge
Bain Capital LP is raising a S$460 million ($340 million) loan to back its purchase of Blackstone Inc.’s Singapore-based ...
Blackstone Agrees to Buy AI Fire From TruArc in $1.1 Billion Deal
Blackstone Inc. agreed to buy AI Fire for about $1.1 billion including debt, according to people with knowledge of the matter ...
Traders Rush to Safety in Loan ETFs Again on Interest-Rate Pain
Investors plowed record cash into a pair of leveraged loan ETFs last week, in a high-conviction bet that the Federal Reserve ...
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Blackstone Sees Trillions From Rich Flowing to Private Markets
(Bloomberg) -- Private markets are set to see ... according to a senior managing director at Blackstone Inc. “For some time, people have been asking when the democratization of private markets ...
Paysafe jumps after Bloomberg says company responding to takeover interest
Paysafe (PSFE) shares jumped after Bloomberg said the online payments company is exploring a sale after receiving takeover interest. People ...
Private Equity Firms Are Finding New Ways to Curb Creditor Power
Private equity firms are finding new ways to keep a tighter grip on portfolio companies if they get into financial distress.