Marathon Asset Management and Webster form private credit partnership

In another tie-up between a direct lender and traditional bank, Marathon Asset Management and Webster Financial Corp announced a private [Read More]
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Bridgewater launches $2B Machine Learning fund

Bridgewater began trading a fund today with close to $2 billion that uses Machine Learning as its main decision-making tool. [Read More]
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HFR: Number of launches in Q1 soar 70% over prior quarter

HFR reports that the number of new hedge fund launches in Q1 2024 climbed to 146, up 70% from Q4 [Read More]
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Blue Pool raises $500M for hedge fund-focused fund 

Hong Kong-based Blue Pool, which manages much of Alibaba Group Holding Chairman and co-founder Joe Tsai’s $8.4 billion fortune as [Read More]
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BlackRock to acquire Preqin for £2.55B in cash

BlackRock has agreed to buy private markets data group Preqin for £2.55 billion ($3.2 billion) in cash. The transaction is [Read More]
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