Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
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As the NFL opens up investments from private equity firms, new funds may help clients invest in their favorite teams.
New research has found a growing number of family offices and high-net-worth clients are kicking their traditional hedge funds to the curb.
The BlackRock deal highlights a move by some of the world’s largest asset managers into the very private world of private markets investing.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.