Asset Management Law360 provides breaking legal news and analysis on the asset management industry. Coverage includes litigation, policy developments, and corporate deals involving investment firms, mutual funds, hedge funds, bond funds, pension funds, and real estate investment trusts.
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Latest News in Asset Management
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October 14, 2026
Venture capital firm Pear VC on Wednesday revealed that it closed its fifth fund after raising $333 million in capital, bringing the Menlo Park, California-based firm's total assets under management to $1.1 billion.
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October 14, 2026
Priority Pre-Settlement Funding LLC and Brett K. Findler urged the Delaware Supreme Court on Wednesday to revive claims accusing Findler's former business partner of quietly shifting their litigation-finance business into hedge funds the partner controlled, while the other side argued Findler knew about the new structure, agreed to it and helped put it in place.
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October 14, 2026
The trustees of a carpenters pension plan and an investment advisor promised to pay $9.25 million to resolve a suit from workers who claimed they saw a $250 million loss in savings when the plan invested in speculative Allianz index funds, according to a Washington federal court filing.
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October 14, 2026
A Puerto Rico federal court properly dismissed claims against a trustee appointed to administer the receivership of a shuttered online bank suspected of facilitating tax evasion and money laundering, he told the First Circuit, saying he's entitled to 11th Amendment immunity because he was sued in his official capacity.
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October 14, 2026
ICON, a homebuilder that uses 3D printing, said it has raised $200 million in a Series D financing round led by investment managers Baillie Gifford and BlackRock, which will support deployment of the company's robotic construction systems and the opening of a research and development facility in Austin, Texas.
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