Ares Management Corp. closed its oversubscribed asset-based finance fund Ares Pathfinder Fund III with $8.5 billion in commitments, highlighting ongoing institutional investor demand for private ...

Rising stock markets, changing plan management strategies, retirements of older workers and the rise of target-date funds all have collaborated to lessen the impact of stable value funds in defined ...

The explosive growth of private credit in recent years as well as the current scrutiny over redemptions in business development companies have had a knock-on effect to another rapidly growing segment: ...

Morgan Stanley chair and CEO Ted Pick says some asset managers appear to be trading at cheap valuations, potentially creating attractive opportunities for his firm to make deals and grow its $1.87 ...

Apollo Global Management and Blackstone’s credit and insurance business are providing the initial $35 billion for a Broadcom platform created to fund AI-computing infrastructure, as alternative asset ...

The comments are in — nearly 42,000 of them. And the industry is sharply split on alts in 401(k)s.

Asset managers like J.P. Morgan and Dimensional Fund Advisors are racing to capture flows in the booming active ETF market, as investors show preference for specialized strategies over purely passive ...

The Department of Labor approved a five-year renewal exemption to allow Goldman Sachs Group to continue providing asset ...

Democratic lawmakers, former Labor Department officials and advocacy groups are urging the DOL to withdraw its 401(k) alts ...

The SEC released a new draft strategic plan, outlining a vision to revamp the agency's regulatory and enforcement approach.

CalSTRS plans to integrate artificial intelligence oversight into its board governance framework, with CEO Cassandra Lichnock ...

Vanguard's flagship ETF (VOO) hit $1 trillion in assets on June 3 — the first time an ETF has achieved this milestone.