Corporate Moves
Apollo Acquires Stake in Welsh Soccer Club Wrexham
Actors Ryan Reynolds and Rob McElhenney will sell a minority stake in the team—popularized by a television show—to the alts manager’s sports platform.
News Archive: Dec - 2025
Newsmakers
Steven Meier Named Institutional Vice Chair at Neuberger Berman
The former New York City pension CIO will provide insights and thought leadership in a newly created role.
Alternatives
Abu Dhabi Sovereign Fund Sues Manager Over Planned Asset Sale
The Abu Dhabi Investment Council filed a complaint against the Energy & Minerals Group related to the sale of fund assets into a continuation vehicle.
Corporate Moves
Norges Bank Topped GPIF to Become Largest Institutional Investor
During a strong 2024 for sovereign wealth funds, Norway’s Government Pension Fund Global surpassed Japan’s Government Pension Fund as the world’s largest.
Asset Allocation
University of Chicago Endowment Rises 10.2% to $10.9B
A private markets secondaries sale cost the fund 90 basis points, but strong digital asset performance helped it exceed last year’s return.
Newsmakers
Prudential Financial Names Matt Armas CIO
Set to start in March 2026, the new hire’s insurance expertise was cited as an important factor.
Regulation
Treasury, IRS Clarify Trump Account Intent, Limits
Billionaires Michael and Susan Dell pledged $6.25 billion to support the initiative aimed at providing an estimated $250 each to 25 million children.
Regulation
Legislative Package Seeks to Improve Market Disclosures, Encourage IPOs
The bill includes more than 20 measures that have already advanced out of committee.
Regulation
SEC Chair Atkins Argues to Reform Company Disclosure Requirements
The change would be one of three pillars on which the first-year chair intends to base attempts to deregulate financial markets.
Newsmakers
Mercer Seeks New US CIO
The firm is also looking to hire a new head of North American infrastructure.
Corporate Moves
WTW to Acquire Secondaries Manager FlowStone
The acquisition, set to close in early 2026, aims to enhance WTW’s private markets capabilities for institutional and wealth investors.
Corporate Moves
Goldman Sachs to Acquire ETF Provider Innovator Capital Management
GSAM will add $28 billion in exchange-traded-fund assets to its platform.
Asset Allocation
How Investors Can Approach Portfolio Volatility Heading Into 2026
While most forecasts are optimistic for next year, volatility is projected to continue, likely resulting in a variety of strategies rising to navigate it.
Market Moves
Markets Battle Data Blackout, Cloudy Fed Outlook
With key inflation and jobs reports delayed, allocators brace for a foggy December—balancing risk, volatility and uncertainty about the Federal Reserve’s next move.
Asset Allocation
Despite High Market Concentration, Investors Are Holding On
Institutions might be willing to maintain their bet on concentrated markets, if top-performing equities grind higher.