Carlyle Group LP, among the world’s largest private equity firms, is expected to announce it conversion to a C-corporation from a publicly trade partnership during its second-quarter earnings call on July 31. It is the latest alternative asset manager to make a conversion that may not add up for the middle market. … READ MORE >
SEC’s move to redefine high-net-worth investors may broaden investor base down the road
A new government proposal to loosen restrictions on who qualifies as the high-net-worth individuals known as accredited investors could be a boon to asset managers seeking new sources of capital. … READ MORE >
Rising interest rates seen causing asset managers to recalibrate
Policymakers believe the economy is on a strong footing, but the pace of rate increases going forward remains uncertain, and the effects on asset management could be significant. The Federal Open Market Committee is set to meet on Dec. 19, and an interest rate increase of 25-basis-points appears to be 75 percent likely … READ MORE >