The head of the US Securities and Exchange Commission said he does not view private credit as a systemic risk, the latest signal of the regulator's openness to more activity in the fast-growing market.
Citadel's Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that's "really concerning" to the billionaire investor.
A billionaire Conservative Party donor and his family almost tripled the annual payout from their business empire, pocketing the windfall as fears grow over UK tax hikes.
Leste Group, a Miami-based alternative asset manager founded by a Brazilian financier, is planning to triple its real estate lending business to $3 billion annually in originations over the next two to three years.
Alternative asset managers are exploring what may be the fastest, most direct route yet to the roughly $12.5 trillion in American workers' retirement plans: adding their illiquid assets to investors' existing vanilla funds.
India's markets regulator has begun discussions on bringing family offices under its oversight, as the nation's billionaires become a growing force on exchanges, according to people familiar with the matter.
HarbourVest Partners, a private-markets firm that manages about $148 billion, opened its first outpost in the Middle East and appointed a new leader for the region.
Michael Platt and his investment firm BlueCrest Capital Management, who have been in a long legal tussle with the UK tax authority, filed a lawsuit against their former lawyer, according to a court filing.