Dow Jones Top Financial Services Headlines at 11 AM ET: Swiss Private-Equity Giant Caps Investor Withdrawals, Sparking Share Selloff | Configure ...

Dow Jones06-03

Swiss Private-Equity Giant Caps Investor Withdrawals, Sparking Share Selloff

Partners Group's CEO said the limits on redemptions were driven by jitters among wealthy clients toward private markets more broadly.

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Configure Partners Launches Secondary-Advisory Group

The private-credit adviser aims to fill a gap assisting midmarket private-equity managers on secondary deals.

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Modern Wealth Management Scoops Up $1.1 Billion Florida Investment Advisory Team

The addition of Flaharty Asset Management is Modern Wealth's second acquisition of a firm in Florida in two months.

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Financial Services Roundup: Market Talk

Find insight on RHB Bank, Heartland, JPMorgan Chase and more in the latest Market Talks covering financial services.

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Greg Abel Puts His Stamp on Berkshire Hathaway With Pair of Megadeals

In one weekend, Warren Buffett's successor has given shareholders a reason to believe he is a savvy dealmaker.

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Berkshire Hathaway and Japanese Builders See the Same Opportunity in U.S. Housing

Stocks look cheap, and there is a need for innovation in residential construction.

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UniCredit Clears Key 30% Threshold in Commerzbank Takeover Bid

The lender said Tuesday that shares representing around 7.6% of Commerzbank's share capital have been tendered as part of its roughly $28 billion takeover attempt.

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Warsh Names Two Conservative Policy Veterans as Interim Fed Advisers

One of the new advisers to the new Fed chairman previously helped write a chapter for Project 2025, the conservative policy blueprint, that recommended a radical restructuring of the central bank.

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Hammack Says Fed May Need to Respond if Inflation Persists

Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%.

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This Crypto-Trading Platform Is Emerging as Wall Street's Convenience Store

Hyperliquid, founded three years ago by former quant trader Jeff Yan, is always open for business.

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Prediction Markets Crushed Sportsbooks. Exchanges Could Be Next.

Regulators approved perpetual futures, but they are only tradable on Kalshi, the prediction market platform. Shares of traditional exchanges are down since the decision.

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Private-Credit Firms' Insurers Brace for Looming Legal Storm

The insurers are preparing for legal fights against boards and executives over valuation practices.

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Wingman Growth Partners Bags $215 Million to Invest in Software Deals

New firm aims to back small data and fintech companies as broader investor unease opens opportunities in the sector.

 

(END) Dow Jones Newswires

June 03, 2026 11:00 ET (15:00 GMT)

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