Alternative fund managers, including private equity fund managers, are losing investment mandates or clients because of compliance issues, according to research from Ocorian and Newgate Compliance, both providers of regulation and compliance services for funds, corporates, capital markets and private clients. 

Investment manager Barings has filed a lawsuit against Corinthia Global Management and former employees Ian Fowler and Kelsey Tucker after the Nomura Holdings-backed private credit asset manager recruited over 20 employees from Barings in recent years, according to a report by Bloomberg.

Private equity firms KKR & Co and Blackstone and hedge fund major Citadel are discussing ways to deal with the US Securities and Exchange Commission’s crackdown on the financial industry’s use of disappearing messaging apps like WhatsApp, Telegram and Signal, according to a report by Bloomberg.

WH Equity Partners, a US private equity firm focused on growth investments and buyouts in the small and mid-cap sectors, has been launched by Senior Managing Director and Chief Investment Officer Peter Weinbach and Senior Managing Director Grant Harshbarger. 

Despite a decline in both private equity infrastructure dealmaking and fundraising in 2023, limited partners are planning to increase their commitments to the asset class, according to a new report by Boston Consulting Group.

Equistone Partners Europe, a European mid-market private equity investor, has joined the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative with over 24,000 participants across more than 160 countries.