The financial community—including Steve Schwarzman, Ken Griffin and Steve Cohen—will once again figure prominently at Milken.» Read More
LONDON, Nov 7- Pension schemes are starting to rethink their hedge fund investments in the face of high costs and poor returns, putting at risk the heady pace of capital flows into an industry with nearly $3 trillion of assets. Investors pulled more than $15 billion from hedge funds in the September quarter, industry data showed, ending six quarters of net inflows.
Academia continues to rebuild its fiscal position after being whacked in the financial crisis with a heavy allocation to alternative investments.
William Ackman's Pershing Square Capital Management, which has not yet finalized monthly numbers, was off 0.60 percent for the month through Oct. 28, leaving it up 30.9 percent for the year, an investor in the private fund said. "As a group hedge funds performed very poorly in October," said Adam Blitz, chief investment officer at Evanston Capital which invests...
LOS ANGELES, Oct 30- A push to reform Phoenix's retirement system has become the latest front in a battle between union-backed groups and a Texas hedge fund billionaire over the future of America's public pensions. Hundreds of thousands of dollars, much of it anonymous out-of-state money, has been flowing to backers of a November 4 ballot initiative in Phoenix...
LONDON, Oct 29- Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but sceptics are questioning whether they will stick around ahead of the next "big one" as underwriting returns fall. John Rathgeber, CEO of Watford Re which opened its doors this year, said his group used leverage and invested in assets such...
The SEC is examining how private equity firms report a key metric of their past performance, as the regulator boosts scrutiny of the industry.
Mega investment firm Blackstone Group announced a new partnership to identify and to develop North American renewable power projects.
Private equity players are preparing to pounce on opportunities to put their cash piles to work as Europe's market turmoil puts the kibosh on IPOs.
Big names in real estate investing don't believe there's a market bubble despite high valuations.
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
Private equity returns continue to outpace stocks over the long term, according to a new report from an industry association.
One of the world's largest private equity firms is dropping a controversial type of fee it charges clients.
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.
Erik Hirsch, CIO of Hamilton Lane, says the pharmaceutical sector is an interesting opportunity for private equity.
Erik Hirsch, CIO of Hamilton Lane, says private equity needs to be more transparent about how it goes about its business.
Tony James, president and COO of Blackstone, is disputing a recent published report that the $279 billion private equity group was "giving up on Russia."
Carl Icahn is mulling whether to infuse the Trump Taj Mahal with $100 million, but only with a specific set of caveats, the New York Post reports.
While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.
Some of the names on the move ahead of the open.