Hedge funds turned in one of their strongest first-half performances in nearly three decades, according to exclusive data from PivotalPath, with technology specialists leading gains and multi-strategy ...

MSCI bought a minority stake of Burgiss Group in 2020. Now, it’s buying the remaining 66 percent of the private markets data company for $697 million in cash — a price Morningstar says was expensive ...

Special purpose acquisition company mergers are becoming an increasingly important path for monetizing private investments. This is especially important to hedge funds and other venture capital ...

Asset managers aren’t investing as aggressively in artificial intelligence as the hype might suggest. Despite the talk surrounding AI’s ubiquity and inevitability, new research from the Thinking Ahead ...

In a massive win for its outsourced chief investment officer unit, Goldman Sachs is lifting out UPS’s $43.4 billion pension portfolio — and the team that manages it. On Thursday the asset management ...

One of Institutional Investor’s allocator rising stars is ascending quickly. Sohel Hussain, head of investments at Meyer Memorial Trust, is leaving the trust to launch his own non-discretionary ...

With investors still giddy over SpaceX’s historic initial public offering and Anthropic’s upcoming IPO, many hedge funds are also looking ahead to a potential third: OpenAI. Last week, the maker of ...