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.
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.
The UK Advertising Standards Authority said Wahed Invest can no longer run posters with flaming US and EU bills.
It’s part of a collection of measures to address the country’s housing crisis, Spain’s Prime Minister Pedro Sánchez says.
Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.