Investment

Berta Aldrich will fill the newly created role; StepStone also hired a new head of RIA enterprise relationships.

Many asset managers are still not offering direct indexing options or liquid funds for alternatives, according to new industry survey.

Competition and liquidity will boost demand for private assets, Apollo's CEO said at the CAIS Alternative Investment Summit.

The firm will now offer advisory services and customizable model portfolios for alternative investments.

The products will include a tender offer fund open to U.S. accredited investors.

In the third quarter, the wirehouse doubled the number of net new clients with $10 million or more in assets from a year ago.

Alternative asset managers want to bring their products to defined contribution plans by using collective investment trusts and interval funds, reports The DI Wire. BlackRock launches a new tech feature for real-time monitoring of private markets...