SoftBank Group Corp is considering a sale of Fortress Investment Group as it explores options for the asset manager, Bloomberg News reported on Monday, citing people with knowledge of the matter.
Franklin Templeton agreed on Monday to buy investment firm Lexington Partners, which is known for acquiring secondary stakes in private equity funds, for $1.75 billion in cash.
Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to invest in wind and solar.
Australia's Macquarie Group Ltd said on Thursday its asset management division has agreed to acquire investment advisory firm Central Park Group to expand in the U.S. wealth management market.