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Blackstone, Vanguard and Wellington Management have launched the first investment products from their recently-announced strategic alliance, expanding private markets access for wealth management clients through two funds that combine public and private assets.
The post Blackstone, Vanguard and Wellington debut first products from strategic alliance with private markets focus appeared first on AltAssets Private Equity News.
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Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
The post Avenue Growth Partners hits hard cap with $155m Fund II as LP demand backs vertical AI strategy appeared first on AltAssets Private Equity News.
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KPMG announced a strategic alliance with OpenAI to develop solutions that reflect a new "headless" vision for enterprise software where AI becomes the main work surface.
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