Apollo draws $61 billion in record quarter driven by lending
The alternative asset giant saw a boost in fee-based profits as its push to launch semi-liquid strategies for more everyday…
Court rejects Perfection Bakeries’ $2M pension credit in key ERISA case
An appeals court sided with a pension fund, ruling Perfection Bakeries must apply a $2M credit earlier in its withdrawal…
Milton seeks Sanctuary in break for independence, reunites with former Merrill colleague
Veteran advisor managing $400M launches firm through strategic partnership.
Osaic nabs two advisor teams from LPL in North Carolina
The giant hybrid RIA’s latest East Coast move adds $175 million in recruited assets as it looks to offset broader…
Fintech bytes: Altruist launches new subscription service for RIA custody
Also, Nitrogen has added Indivisible Partners to its integration network, while Wealthtender unveiled an AI-focused update to help boost advisors’…
Stocks extend rebound on earnings, rate-cut bets: Markets Wrap
Traders are also increasingly anticipating Fed rate cuts after jobs data.
CFTC explores letting futures exchanges trade spot crypto
Regulator is asking for feedback on how this might work.
TSMC discovers potential leak of advanced chipmaking tech
Nvidia, Apple chipmaker reportedly fired employees, launched probe.
Palantir reports sales up 48%, cites ‘astonishing’ AI impact
US data software company sees revenue surpass $1B for the first time.a
Asset managers sharpen institutional focus with strategic hires
Appointments highlight growing importance of consultant and allocator relationships.