Private equity

Several major deals have accelerated buying momentum.

A New York PE firm makes a “significant” investment in the $16.5 billion consolidator.

Interest in acquiring advisory firms appears to be at an all-time high.

The RIA holding company reports a 30% rise in revenues and 30 M&A deals.

The partnership aims to provide exposure to areas such as middle-market private equity, real estate and infrastructure.

The large aggregator faces questions about its future.

The change will boost the firm’s “ability to reach a dramatically larger audience,” said CEO Stephen Schwarzman.

Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.

The products invest in private equity, hedge funds and real estate for the bank’s wealth management arm.