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Money-management firm Pacific Investment Management Co. is bracing for a deluge of redemptions in the coming weeks primarily from its flagship fund that invests in bonds in the wake of last week’s abrupt departure of its co-founder, Bill Gross.
The German bank reshuffles its Fic team in New York.
Blackstone Group is seeking about $16 billion for its newest buyout fund, according to people with knowledge of the fundraising.
MTS Bonds.com, the London Stock Exchange Group’s electronic fixed income trading venue, has made a senior hire from IntercontinentalExchange as it continues its push for growth in the US.