U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise.
Neuberger Berman was able to surpass its original target of USD 1.6 billion for its third private equity secondary fund when it raised USD 2 billion.
Dyal Capital acquired a passive minority interest in Dyal Capital.
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