The auction house plans to securitize loans made to the wealthy, with art used as collateral.
The private equity pioneer, who took his own life last week, evokes memories of being generous with his time and money.
Lee reportedly died in his office on Thursday of a self-inflicted gunshot wound.
By contrast, hedge funds dialed up their bets on the sector in the fourth quarter.
Its flagship hedge fund gained 38% last year by trading everything from equities to commodities.
Michael Tiedemann is hunting deals after creating one of the largest publicly traded money managers catering to the super-rich.
Founder Chris Kersey leads the firm after working as a medical doctor.
Private equity titans like KKR have pursued unorthodox paths to dealmaking this year.
The $68 billion Blackstone Real Estate Income Trust has been grappling with investors pulling money.
The U.S. wants the ex-CFO of Bordeaux Cellars Ltd., Andrew Fuller, to face charges of fraud and money laundering.
Ken Griffin is seeking financial damages over a data breach, claiming the IRS didn't protect his information.
Bourbon is poised to be the next good alternative investment, Jeremy Kasler said.
This is the fifth time that Ackman has auctioned off a lunch for charity.
The property industry is grappling with a pullback from investors, financing challenges and even more layoffs.
The family office of private equity legend David Bonderman is seeking funds from outside investors.
Some wealth advisers have been growing cautious about client exposure to illiquid assets in recent months.
Now that bitcoin is trading around $17,000, the art show's 2021 excesses are things of the past.
He was an icon of effective altruism, but some nonprofits turned his money down.
The lawsuit alleges Black assaulted the woman after she was introduced to him by Jeffrey Epstein.
Carlos Kepke had been charged with helping private equity billionaire Robert F. Smith evade taxes.