Ted Bunker

Justice Department lawyers have asked for a 90-day stay in the SEC case to prevent interference in a criminal probe.

The paper losses at the buyout firm’s Athene unit eclipse adjusted income and fee-related earnings gains

Wall Street compensation consulting firm Johnson Associates is flashing a caution signal to fund managers, bankers and brokers not to expect anything like last year’s bonus when the time arrives for those annual checks.

The firm had aimed for $4 billion to pursue its BeyondNetZero strategy when marketing began in 2021

The sale to previous owner Level Equity is said to deliver a roughly sixfold return on invested capital.

The asset manager credits special funds and strategies aimed at wealthy individuals for the gains

The seller of pre-IPO shares faces a civil fraud complaint by the Securities and Exchange Commission

Hundreds of Standish employees collectively own a 45% stake in the business and plan to retain their shares

The move could accelerate returns to investors, whose $1.7 billion has been locked up since 2018

Shares of most-active U.S. PE firms mostly outperform thanks to credit operations and buoyant outlook