Aliprantis’s hire is part of a plan by EQT to expand its global private wealth business.

The SEC’s new quarterly reporting rules could help make private funds far more accessible to retail investors. But they are a huge task to implement.

Most ETF issuers have agreed to pay a new maintenance fee to Fidelity, leaving only a handful that investors will have to pay $100 service fees to purchase.

KKR is betting on gains in private equity as some of its peers move away from buyouts on the belief that the business is at scale and the biggest returns are in the past.