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Some of the more objectionable issues are just ending, an SEC official says.
Bill Gross, co-founder and chief investment officer of Pacific Investment Management Co., will join Janus Capital Group Inc.
KKR & Co., the private-equity firm led by George Roberts and Henry Kravis, agreed to buy a stake in hedge fund BlackGold Capital Management LP as it continues to grow beyond buyouts, said a person with knowledge of the deal.
Warburg Pincus agreed to invest as much as $100 million in executive-compensation database PayScale Inc.
The funds will stop accepting new money and existing investors can sell their shares or be paid by KKR when it liquidates the pools.