How Big-Name Hedge Funds Like Citadel and Millennium Performed in 2025

Big-name hedge funds mostly had strong years, led by managers such as Michael Gelband’s ExodusPoint and D.E. Shaw. It was a choppy year for funds, which battled markets strained by geopolitical stress from tariffs and international conflicts. Most funds still trailed the S&P 500’s 16.4% return on the year, however. Artificial intelligence spikes and sell-offs, … Read more

Japan’s Mizuho Securities to acquire 60% stake in Avendus Capital from KKR

Japanese investment bank Mizuho Securities on Wednesday (December 17, 2025) said it is acquiring over 60% stake in Avendus Capital from U.S.-based investment firm KKR. Mizuho Securities, an arm of Mizuho Financial Group, aims to further strengthen its business foundation in India’s rapidly developing and maturing capital markets. In a statement, Mizuho Securities said it … Read more

Shielding wealth: It’s a matter of trust for promoters

Business families and startup founders are increasingly turning to trust structures to hold their shares, driven by the need to safeguard wealth, enhance tax efficiency, guard assets from creditors and ease the handover of control. The trend is noticeable in most companies that have gone public in recent times, with first-time entrepreneurs transferring part of … Read more

AI infrastructure push: Nvidia, Microsoft join BlackRock-led group in $40 billion data center deal; computing power in focus

A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to … Read more

Indian family offices have a new favourite—early-stage VC funds

Family offices are increasingly investing more in venture capital firms that back early-stage startups, departing from their traditional playbook of focusing on IPO-ready or pre-IPO funding rounds that deliver faster returns, said fund managers and investment advisors. While family offices mostly allocate only $2-8 million to such VC funds, the investments open up crucial access … Read more