Wellington will manage the interval fund – the first from the partnership – and draw its investments from all three firms. It will allocate up to 60 per cent in public equities, up to 30 per cent in ...

Franklin Templeton, which has snapped up several private-fund managers in recent years, sells a private-markets fund charging a 1.25% management fee and 12.5% on all profits after the fund returns 5%.

Why Vanguard, Champion of Low-Fee Investing, Joined the ‘Private Markets’ Craze Traditional money managers, after years of cutting fees, look to tap in to higher-cost private investments.

Its global head of oversight and manager search, Matt Piro, led the discussions about partnerships that could potentially give Vanguard’s clients access to private markets. Vanguard, Blackstone ...

Vanguard Group held discussions with major alternative asset managers in recent months to explore potential tie-ups that would market private assets to individual investors. The talks with Carlyle ...

Vanguard Group is launching a private-equity fund, a striking move for the money manager that built a brand on the back of low-cost funds for everyday investors.

Last month, BlackRock announced it would be offering a public-private model portfolio, using GeoWealth’s unified managed account technology and fintech platform iCapital’s underlying technology ...

US index funds management giant Vanguard could look at providing products that invest in the increasing number of private companies, its global CEO, Salim Ramji, has told a function in Sydney.