Susan Barreto

Fidelity Investments raised nearly $760 million from high-net-worth individuals, family offices, registered investment advisors (RIAs) and other investors in the Nov. 2 closing of Fidelity Venture Growth Fund II.

Pritzker Alternative Strategies (PAS) named Danny Quintana investment principal as the firm deploys capital from its inaugural private equity fund.

The hedge fund industry lost ground in October as the PivotalPath Composite declined 1.25% for the month, cutting its year-to-date gain to 5.33%, according to PivotalPath's preliminary performance report this week.

Duke University’s $14.3 billion endowment returned 19.3% in fiscal 2026, with a 10-year annualized return of 11.3% under DUMAC.

At least 18 U.S. public pension funds already hold Anthropic shares ahead of its expected IPO later this month, according to research from Equable

Managed futures posted a third straight monthly gain in October, leading hedge fund strategies year to date even as PivotalPath’s composite fell 1.25%.

The $1.5 billion University of Houston Endowment added an energy-focused fund to its private real assets portfolio.

KKR marked Veterans Day in the U.S. this week with a commitment to hire 250,000 veterans and military spouses across its portfolio companies by 2040, a goal also tied to America's 250th anniversary.

Aztec Group named Michael Pawlowski U.S. head of fund of funds, a newly created position overseeing the administrator's services for fund of funds managers in the country.

Hivemind Capital plans to bring a strategy it has managed since 2022 into a dedicated long/short hedge fund focused on publicly traded companies involved in