Billionaire Investor Bill Ackman Just Went All In On One of His Favorite Stocks: He Plans to Hold It "Forever"
Billionaire investor Bill Ackman's fund, Pershing Square Capital Management, only owns about a dozen stocks. Ackman recently proposed to significantly increase his stake and take majority control in ...
Pensions&Investments2d
Ramirez Asset Management builds private credit capability by acquiring Avenue Capital team
Ramirez Asset Management has acquired a private credit team and its assets from hedge fund manager Avenue Capital Group. RAM, ...
unite2d
Workwize Secures $13 Million in Series A Funding to Revolutionize IT Asset Management with AI Automation
Workwize, a global leader in IT hardware asset management, has raised an impressive $13 million in Series A funding to fuel ...
WealthManagement.com3d
Private Equity Faces Pockets of Distress for Long-Held Assets
More than 100 continuation funds were raised between 2019 and 2021. Now, some are running into trouble amid a sluggish ...
CEF Insights: Building Income With Mortgage Securities
Potential benefits of investing in mortgage securities with the Western Asset Mortgage Opportunity Fund and insights from Portfolio. Click here to read more.
Los Angeles money managers grapple with wildfire impact on operations, staff
The Los Angeles area is home to large industry players like Capital Group, TCW Group and hedge funds Oaktree Capital and Ares Management. In total, firms in Los Angeles manage more than $4 trillion of ...