Apollo Plans Daily Pricing for Private Credit Funds
The manager with $834 billion in credit AUM seeks to provide greater transparency across its portfolio by September, according to an earnings call.
Corporate Moves
AI and the Talent Issue
Artificial intelligence has implications for early-career investment professionals.
NYC Comptroller Calls for AT&T Shareholders to Vote for Equal Opportunity Disclosure
The telecommunications giant stated that EEO-1 reports ‘do not meaningfully reflect’ its organizational structure.
October Three Acquires Broker Education Provider
Broker Educational Sales & Training content will be integrated into October Three’s Retirement Learning Center.
OCIO Fiducient Advisors Acquires Plan Consultant Axia Advisory
The retirement plan consultant brings $1.9 billion in assets to the growing firm.
MSCI Buys Secondaries Market Data Company PM Insights
With the purchase, the index provider seeks to bring transparency to private market pricing, valuation, transaction and liquidity data.
Asset Manager Consolidation Continues as Structural Shifts Reshape Industry
Fee compression, declines in fundraising, and shifting limited partner priorities are driving the spree of mergers and acquisitions.
Janus Henderson Rejects Victory Capital Acquisition Proposal
The asset manager’s board reaffirmed its preference to be acquired by Trian and General Catalyst.
Easterly Asset Management to Acquire Fund Management Business From Olstein
Mutual funds from Olstein Capital Management will be reorganized and managed by Easterly Snow.
Consortium Including CalPERS, EQT, BlackRock’s GIP to Acquire Utility Company AES
The $33.4 billion deal for the power generation company would support its capital growth plans.
Northern Trust Launches Tokenized Money Market Fund
The firm’s foray into digital assets will tokenize its NIF Treasury Instruments Fund.
AT&T Agrees to Allow Shareholder Proposal Submitted by NYC Pension Funds
Four New York City pension funds will drop their complaint after AT&T agreed to allow its shareholders to vote on workforce demographic disclosures at its annual meeting.
Victory Capital Makes Competing Bid for Janus Henderson
The consideration of $57.04 per share is 16% greater than Trian’s acquisition bid.
Guardian Life Seeds Janus Henderson Active Fixed-Income ETF With $100M
The seed capital stems from a strategic partnership between the two firms.
Nuveen Deal for Schroders Would Form $2.5T Manager
The proposed $13.5 billion acquisition would propel the combined firm to be one of the world's 10 largest by AUM.