Wall Street is feverishly embracing private markets and Vanguard, like other giant money managers, wants a foothold in this booming business. A new fund it is developing with Blackstone and Wellington ...

Vanguard Group held discussions with major alternative asset managers in recent months to explore potential tie-ups that would market private assets to individual investors. The talks with Carlyle ...

Vanguard and Blackstone stand at opposite ends of the asset-management spectrum. Vanguard champions low-cost, predominantly passive strategies in public markets, while Blackstone leads in private ...

Blackstone Inc., Vanguard Group and Wellington Management Co are launching a fund that will invest in public equities, bonds and private markets, as part of their effort to expand private-market ...

Vanguard Group held discussions with major alternative asset managers in recent months to explore potential tie-ups that would market private assets to individual investors. The talks with Carlyle ...

Vanguard and Wellington have only recently begun building out their private markets capabilities. Blackstone, meanwhile, offers several private investment strategies geared toward retail channels.

He aims to apply what he calls the “industrial logic” of Vanguard—lower fees combined with better returns—more thoroughly in advice, bonds, wealth management and even private markets.

Vanguard Group has held discussions with Carlyle Group Inc. and Blackstone Inc. to explore potential tie-ups that would market private assets to individual investors. Vanguard is seeking to give ...

Why Vanguard, Champion of Low-Fee Investing, Joined the ‘Private Markets’ Craze Traditional money managers, after years of cutting fees, look to tap in to higher-cost private investments ...