Cantor Fitzgerald LP is shedding much of O’Connor’s presence outside of the US following its acquisition of the hedge fund from UBS Group AG, according to people familiar with the matter.

TPG Inc. forced medical implant maker Exactech Inc. into a bankruptcy restructuring as part of a wide-ranging scheme to dodge billions in liability through fraudulent transfers among shell entities, according to a lawsuit unsealed Friday.

Carlyle Group Inc. shares advanced after the alternative asset manager exceeded its goals for fee-related earnings and asset growth in 2025, while posting fourth-quarter results that surpassed Wall Street estimates.

Litigation firm Beasley Allen must stop representing plaintiffs suing Johnson & Johnson over exposure to talc products, a New Jersey state court ruled Friday in a landmark ethics decision.

Molina Healthcare Inc.’s shares plunged after the health insurer forecast 2026 profit that was less than half of Wall Street’s expectations, on higher medical costs and insufficient government repayments.

On an evening in late September, a few dozen wealth managers gathered at a $63 million French château-style mansion owned by Paris Hilton and venture capitalist Carter Reum in the exclusive Los Angeles enclave of Beverly Park. Sipping drinks a stone’s throw from the pink tennis court and five-hole golf course, the attendees had convened to discuss a topic that’s obsessed the asset management industry: how to give individual investors better access to private markets.