Deutsche Bank AG and Banco Santander SA are among financial institutions participating in a milestone synthetic securitization designed to help the World Bank Group leverage its ability to provide loans to emerging-market borrowers.
Germany’s top financial regulator will step up pressure on insurers to address shortcomings in private credit investments and issued a warning on an asset class increasingly marketed to retail clients.
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter.
Apollo Global Management Inc. eclipsed $1 trillion of assets under management on record first-quarter inflows and reported earnings that beat Wall Street estimates.
Billionaire Bill Ackman’s IPO of his closed-end fund and his alternative asset management company is expected to raise about $5 billion, according to people familiar with the matter, the low end of the targeted fundraising range.
