Digital private equity manager Moonfare has expanded its operations to Australia, providing eligible investors in the country with access to carefully curated funds from top-tier private equity managers such as KKR, EQT, and the Carlyle Group.

Billy Rahm, the former Head of Real Estate at private investments firm Centerbridge Partners, has launched Everview Partners, a New York-based investment firm focused on real assets businesses across North America, according to a report by Bloomberg.

KKR & Co saw its shares drop to a two-week low on Tuesday after its Q4 AUM fell short of analyst expectations. Despite a 15% year-on-year increase to $638bn, the alternative asset manager missed the consensus estimate of $643.4bn, according to a report by Reuters citing LSEG data.

Investcorp, the Middle East’s largest alternative investment firm, is exploring the possibility of a public listing within the next three to five years as it targets doubling its assets under management (AUM) to $100bn, according to a report by Reuters.

A $14bn lawsuit filed by jailed Russian billionaire Ziyavudin Magomedov against US private equity firm TPG and Russian state-owned entities Rosatom and Transneft has been dismissed by London’s High Court, according to a report by Reuters.

The US Securities and Exchange Commission (SEC) has intensified its crackdown on the use of private messaging apps by the financial industry, targeting a group of alternative investment firms, including several PE managers such as Blackstone, Carlyle, and KKR, for violating recordkeeping rules, according to a report by Investment Executive.