Reuters US Money

Partners Group launches new $12 billion private equity secondaries fund

26 Mar 2024

By Kane Wu and Julie Zhu HONG KONG (Reuters) -Swiss investment company Partners Group has launched another private equity secondary strategy fund worth up to $12 billion, betting on growing deal flows in the secondaries space, its chairman of Asia said on Tuesday. The private equity secondaries market allows investors in private equity funds and …

Partners Group launches new $12 billion private equity secondaries fund Read More »

Professional services firm Grant Thornton launches China desk out of UAE

25 Mar 2024

DUBAI (Reuters) – Professional services firm Grant Thornton has launched a China desk as part of its operations in the United Arab Emirates (UAE) which will focus on cross-border business between the Asian country and the Middle East, it said on Monday. The desk, which aims to support growing demand from clients across various sectors, …

Professional services firm Grant Thornton launches China desk out of UAE Read More »

Asia private equity deals set for worst Q1 since 2015, data shows

25 Mar 2024

By Kane Wu HONG KONG (Reuters) – Private equity-backed mergers and acquisitions in Asia are set for their worst start to the year in nearly a decade, as a lull in dealmaking in China and broader economic and geopolitical uncertainties dragged on sentiment, data showed. PE-backed M&A in Asia totalled $13.5 billion over January to …

Asia private equity deals set for worst Q1 since 2015, data shows Read More »

Policy uncertainty drives investors into US medium-term bond funds

20 Mar 2024

By Patturaja Murugaboopathy (Reuters) – Investors are flocking to U.S. medium-term government bond funds and helping push their assets to record highs, as uncertainty about the Federal Reserve’s policy path prompts them to seek the sweet spot between income and protection. According to Morningstar Direct data, U.S. medium-term government bond funds, which include Treasuries and …

Policy uncertainty drives investors into US medium-term bond funds Read More »

Citigroup wealth unit taps Weintraub from UBS to lead family office group

20 Mar 2024

By Tatiana Bautzer NEW YORK(Reuters) – Citigroup hired Richard Weintraub from UBS to head its wealth management group catering to family offices in the Americas, according to a memo seen by Reuters. Weintraub previously served the biggest family office clients at UBS, the world’s largest wealth manager. Before that, he worked at Goldman Sachs. The …

Citigroup wealth unit taps Weintraub from UBS to lead family office group Read More »

Stonepeak raises $3.3 billion for its first Asia-dedicated infrastructure fund

8 Mar 2024

SINGAPORE (Reuters) – Stonepeak, a New York-headquartered alternative investment firm, on Friday said it has raised $3.3 billion for its Stonepeak Asia Infrastructure Fund, its first fund dedicated to Asia. The firm said it exceeded its $3 billion target after receiving “robust demand from new investors and existing investors in other Stonepeak funds.” Stonepeak focuses …

Stonepeak raises $3.3 billion for its first Asia-dedicated infrastructure fund Read More »

World markets brace for potential Trump return to White House

6 Mar 2024

LONDON (Reuters) – Investors are bracing for the possibility of Donald Trump returning to the White House after Super Tuesday confirmed that the November U.S.-election is set to pitch him against incumbent Joe Biden. Below are five flash points in focus for world markets. 1/ TRADE TANTRUM Any ratcheting up in trade tensions between the …

World markets brace for potential Trump return to White House Read More »

Swedish pension fund Alecta’s chairperson resigns after a week

4 Mar 2024

STOCKHOLM (Reuters) – Alecta’s chairperson Carina Akerstrom has resigned only a week after she started in the position, the Swedish pension fund said on Sunday, adding it had reinstated its former interim chair. Alecta said it would reinstate Jan-Olof Jacke, who was appointed Alecta’s interim chairperson in November 2023 when its former chair resigned. “It …

Swedish pension fund Alecta’s chairperson resigns after a week Read More »

Close Bitnami banner
Bitnami