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Department of Labor

PE Critic Urges DOL to Bar Alts in 401(k)s

Academics explain that alternatives have not outperformed traditional 60-40 investment strategies over time. 

Michelle Celarier

The Rich List: Institutional Investor’s 25th Annual Ranking of the Highest-Earning Hedge Fund Managers

The top earner made $4.9 billion in 2025 — a new record for an individual in a single year.

Opinion: We Built Discretion into These Funds. Then We Gave It Away.

Everyone is a long-term investor until they’re not. For a decade, our industry has been designing and promoting products that make it seem like you can be both at the same time.
Aaron Filbeck March 6, 2026