Category : Business Innovation


Senate Panel Approves Warsh as Fed Chair

The Senate Banking Committee voted 13-11 along party lines to approve Kevin Warsh as the next Federal Reserve chair, replacing Jerome Powell. The full Senate vote is expected next month.

Ardian Aids Canadian Pensions in Buyout Fund Exits

Ardian, a $200B French asset manager, is buying private equity stakes from Canadian pension plans, helping them free up cash amid low deal activity. The firm raised a record $30B for its next secondaries fund.

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