Financial engineering isn't working as well as it once did for private equity shops.
Buyout heavyweights are getting more involved in the operations of the companies.
Pensions and endowments have been among the investors hurt most by the private equity slump.
The schools may need to come up with other sources of cash to cover future spending needs, a study found.
US pension funds are rapidly losing ground to deep-pocketed Middle Eastern sovereign wealth funds.
Hedge fund fees have frustrated investors for years.
Some investors in PE funds are leery of firms adding debt to portfolios already leveraged.
UBS Group AG has decided to exit $5 billion in assets it manages for rich customers as the Swiss firm sorts out the pieces of Credit Suisse it doesn’t want...
UBS Group has decided to exit $5 billion in assets it manages for rich customers.
UBS executives have said they want to cut back riskier trading operations.