Chris Cumming

Private equity’s ties to insurers were already criticized for posing risks to policyholders’ nest eggs. Now the Treasury and IMF say those investments warrant greater monitoring for possible threats to the financial system.

The consulting firm’s mistake created turmoil at Pennsylvania’s retirement system for schoolteachers.

Investors and business groups dispute regulator’s role and new disclosure mandates for the $26tn industry

The private-equity firm swung to quarterly loss but saw its stock-price rise after it unveiled a pay overhaul that will give investors a bigger piece of management fees.

Carlyle also announced a fundraising target for 2024 of $40bn

At an $11 billion valuation, the deal would be among the largest recent private-equity transactions.

The US Treasury Department is extending anti-money laundering rules to private equity, venture capital and hedge funds

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