Private Wealth
The Swiss asset manager is limiting withdrawals from two of its evergreen funds after they exceeded the 5% quarterly limit.
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Deals
The overhaul will give greater prominence and resources to OpenAI’s coding product Codex.
This comes after Alphabet’s move to raise $84.75 billion in upsized equity offerings.
Policy & Regulations
The firm allegedly misused confidential client data to win lucrative audit contracts.
Venture Capital
GIC has now invested in Ramp eight times.
The acquisition will give Allianz Partners a broader presence in Australia
Private Equity
Investors sought to pull out 10% of shares in Q2, compared with 7.9% in the previous quarter.
Tishman said the commitments came from APG Asset Management and Bouwinvest.
Analysis
Redemption requests at its $16 billion Delaware fund exceeded its 5% quarterly cap.
Swiss asset manager expects fundraising slowdown in H2 2026 and 2027.