All articles by Satarupa Bhowmik
Satarupa Bhowmik
US President Trump plans to end “carried interest” tax loophole
Trump is revisiting his unsuccessful 2017 bid to end the special tax treatment for PE and hedge fund financiers.
RISR, Wealthcare Capital Management partner to boost client service
The partnership with RISR enables Wealthcare to provide its more than 170 affiliated advisors with the capability to improve client engagement and optimise operations.
Morgan Creek Digital spearheads investment boost for Hex Trust
This round, which also saw participation from global investors, has brought Hex Trust’s total funding so far to over $100m.
M&G Investments to acquire 70% stake in P Capital Partners
The transaction will integrate PCP into M&G’s £73bn private markets business.
Montagu to buy Temenos’ fund accounting software business
The deal will see Multifonds emerge as a standalone entity, remaining under the leadership of its current management team.
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Carnegie expands with Eagle Ridge Investment Management acquisition
This deal brings in an additional $1.3bn in AUM and 14 employees from Eagle Ridge Investment Management.
Proteus, Pathway partner on private investment access platform
The platform aims to expand access to private market investments for RIAs and their high-net-worth clients.
DriveWealth, OneVest team up to enhance wealth tech for enterprises
DriveWealth’s partners will gain a white-labelled platform with modules for various services.
BlackRock to add 1,200 jobs in India for AI push
This move is set to expand the company’s two support hubs in Mumbai and Gurugram.
UBS swings back to profit in Q4 2024
The Swiss bank’s total revenues increased to $11.63bn in Q4 2024 from $10.86bn in Q3 2024.