Private-credit fund investors keep heading for the exits, worried in part about valuations of underlying assets.

There is no easy way to start this topic other than to hit it hard from the gate: Internal succession strategies for every firm have been broken due to outside investment. The infusion of private ...

The WSJ, opens new tab has the details of today’s big asset-management news: TIAA-CREF is buying Nuveen Investments for $6.25 billion. The sale marks the end of an ill-fated acquisition by private ...