Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.
SpaceX CEO Elon Musk will soon have a friend in very high places after Trump names Jared Isaacman to lead NASA.
On Tuesday, two separate antitrust class lawsuits were filed against Microsoft and Apple in the United Kingdom.
Has CEO John Stankey, who took the position in 2020, effectively turned the corner on his turnaround plan at AT&T?