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Zohran Mamdani's victory in New York City's Democratic mayoral primary is sparking yet another round of worry that the rich are about to abandon the Big Apple.

Goldman Sachs Group Inc. plans to ask junior bankers to confirm their loyalty on a regular basis in a bid to limit advances from talent-hungry buyout firms.

Mercer Superannuation Australia Ltd. will add private equity to its default pension options for the first time, joining a growing number of retirement funds in embracing the strategy to diversify their holdings.

First it was Warren Buffett. Now, another key Bank of America Corp. investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake.

Douglas Elliman Inc.'s stock wilted under the weight of the property broker's persistent losses and departing agents. Then came the brazen disrespect.

TikTok buzz helped turn Korean beauty firm APR into a $4 billion skincare powerhouse. Shares have soared 200% this year.

For Hong Kong's pension fund managers fretting over the risk of forced divestments of US Treasuries, Japan's Rating and Investment Information Inc. has some words of reassurance.

The top funds in Australia's A$4.1 trillion ($2.7 trillion) pension industry are eyeing opportunities beyond the US, saying stock valuations there look stretched and President Donald Trump's policies are increasing volatility.

Cain International is nearing a deal to acquire the Manhattan hotel once known as the Trump SoHo as part of the firm's push into luxury real estate.

Saudi Arabia's Public Investment Fund is investing in Related Cos.' site for a tower in midtown Manhattan.