KKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion.

The lawsuit claimed four hedge funds, along with several retirement system leaders, made risky investments that led to severe issues.

The Vistria Group has collected around $3 billion for its fifth main fund, completing fundraising for the vehicle to invest in midsize companies in the healthcare, education and financial services ...