New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 billion.
The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.
The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.