Private equity (PE) funds invest in underperforming companies, improve them, and aim for profitable exits. Hedge funds use various strategies, accessible mainly to accredited investors. PE and hedge ...

Evergreen funds are at the center of the next wave for private assets. While access to private markets was once largely possible through multimillion-dollar commitments, it’s now available through ...

Sherman McCoy, the lead character in the 1987 book The Bonfire of the Vanities by Tom Wolfe, was described as a “master of the universe” due to his role as the highest-earning bond trader at his ...

As funds deliver mediocre returns and shed investors, the industry is struggling to unload 31,000 investments, an increase over this time last year. By Maureen Farrell Heading into 2025, private ...

Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves. By Maureen Farrell Maureen Farrell covers ...