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In addition to fee disclosures, the rules adopted by the SEC would prohibit firms from allowing some favored investors to cash out more easily than others.
The firm is teaming up with Key International to build a 51-story office tower in Miami’s financial district, blocks away from Ken Griffin’s planned Citadel headquarters.
The push looks to meet rising demand from clients for exposure to private assets, as well as to capitalize on the shift in corporate borrowing habits as banks tighten lending.
December 29, 2023
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Last month, a Qatari group withdrew its offer to buy Manchester United, paving the way for British billionaire Jim Ratcliffe to eventually gain control of the football club.